Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-12-29
GRAIN Is LOWER,
And Provisions, After Starting Strong, Close
on Losses.

And Provisions, After Starting Strong, Close
on Losses.
CHICAGO, Dec. 2s-The unnatural differ.
ence between the prices of the lower and
contract grades of wheat and corn was the
greatest factor with the spectators to-day
No. red wheat sold in the cash market at
from 57c to 6Oc, and ordinary No spring
wheat from 55c to 6lc No. hard spring
bringing about SIC. When compared with
from 7l19c to 72c for regular No. 2, and with
the further fact that all the cash offerings of
low grade wheat did not find buyers at even
the extremely low prices quoted, heaviness
and lower prices for the speculVive grade
are not to be wondered at. The market for
May wheat is 20 lower than it closed yes
terday. Corn was governed by somewhat
similar conditions. No. 3 as 351S636c is out
of all proportion With No. Fat 4Oc. May.
corn SLOWS decline for the day of sc
Provisions opened firm, but closed weak
and lower.
Wheat started of at about the closing
Cables, though a shade firmer at the start.
soon became weak. Domestic markets
were also weak, and there W ere rumors that
BrddStreetS report would show a heavy in
crease in the available supply during the
last week. Another depressing factor was
a report that Senator Sherman had said the
antioption bill was sure to pass the Senate
The Weare Commission Company Armour
Kcnnett-Hopkins, Schwartz-Dupee and
Adams apd Samuel were the leading sellers
On the break Walker & Co.. Mitchell q Eg-
gleston were good buyers.
The light receipts of hogs caused the pro-
vision market to advance 71Sc in pork and
lard and 215c Tor ribs Realizing sales by
heavy holders were 1elt in the weakness
which succeeded. January pork declined
25c and May 2215c. May lard declined lOc un-
der its highesV price in the forenoon, and
ribs sank 712c from their early value Clos.
ing prices were close to the lowest point of
the days range.
In corn operations were unimportant
opening trades being at yesterdays quota.
tions and gradually sold off under general
lack OF support.
Oats. although showing more life, were
weaker, due to sympathy to other grains
and to increased offerings by 'Iongs." Their
offerings coming at time when there were
few buyers, created weakness and prices de-
clined Nc. A fractional rally followed, but
the close was quiet at nearly the inside, and
at ssG15c below yesterdays.
Cash quotations were as follows: Flour
slightly better for bakers, but the general
range practically unchanged; No. 2 spring
wheat, 7114c; No. spring wheat. 55@60c:
NO. red, 7l15c. No. 2 corn, 4Ossc. No. .
oats, 295s93Oc; No. white, SOC: No. white
3O15@3l15c. No. rye, 5O@5O1<c. No. bar,
ley, 65c; No. 3 T. q. b., 40@6Oc; No f. O. b..
S4@4sc. No. l haxseed, 81 O911dS. Prime timo.by.
SI4 5G@M 30 Lard per 100 pounds, SIo 90: snort
ribs sides, loose, IS 30QS 35; dry salted shouI-
ders, boxed, 81 s715Qs 20: short clear sides.
OO1euS % oCgo %. w IISkyI OlSIlllerS' finished
goods, per gallon, 81 30. Sugars cut loaf.
514@j5sc: granulated, DC; standard "a" 4JSc.
No 3 corn, 36lxc.
Receipts-Fiour, $1,000 barrels; wheat. a37.-
600 bushels; corn, H. bushels; oats, 970 OoO
bushels; rye. 5000 bushels; barley, l09 900
bushels. Shipments-FIour, Is 600 barrels.
wheat, 600 bushels; corn, $4,000 bushels:
oats, 14s 900 bushels; rye, 5000 bushels; bar
lev, As, 900 bushels.
On the Produce Exchange TODAY. che
butter market was very firm; creamery, 200
soc: dairy, 19Q26c. Eggs tirm; strictly fresh,
251l@26c.
Range of the leading features furnished by John
NJ. Oakley Co., bankers and brokers, No Is
Sixth street.