Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-12-16
A BULGE In PROVISIONS.
The Bull Clique Give the Shorts Another
Severe Squeezing.


Severe Squeezing.
CHICAGO, Dec. l5.-The provision market
was the center of attraction to-day. The
bull clique had evidently some obstinate
shorts to deal with and they slowly but
remorsely twisted the thumb screws OF
higher prices upon them. The continued
small receipts OF hogs put the shorts COM
pletely at the mercy of the longs. The mar
ket was active, excited Rnd unsettled. Hog
receipts were not as large as anticipated,
and prices were hig her, while the domestic
markets were stronger and Liverpool ad-
vices showed considerable firmness in that
O uarter, with lard and bacon quoted Cd
higher. The receipts of products were some
what larger, and the shipments only mod
crate. While prices ductuated considera-
bly,, the extreme figures were fully main-
tanned to the close. The great bulk of the
business was in May contracts. Compared
with last night, pork is up 4T15c, lard 3215c
and ribs 22%c.
Wheat, corn and oats were firmer and
rested with the following gains since then:
Wheat, 1s@Zc; corn, L@asc, and oats, &c.
Instead of an expected break in wheat
there was good line of investment buying,
and the report was started that the cliq ue
brokers were picking up large blocks OF
wheat. The crowd got little infusion of
bufl enthusiasm and bid prices up some 1t
was certain that Eggleston bought consider
able wheat. Later n rumor started that Egg
gleston had been put forward as scare
crow to frighten the crowd and strengthen
the market so some of the big houses could
sell more generously and at better prices.
Attention was called TO the fact that nearly
two months ago May wheat sold as low as
T7c, and though in the meantime stocks have
greatly increased, il is now &c higher than
then. heavy increase in the visible sup
ply is indicated for next Monday from tile
fact tina: primary market receipts so far this
week have exceeded the shipments by 3,lss,-
900 bushels.
Corn was spasmodic, there being brief pc
RODS of activity. An improved feeling was
houses supposed to be acting for parties
now 'long" q considerable line.
Cats closed a shade frmer, after expert.
encing about the dullest session of an unu-
sually dull week.
Cash quotations were as follows: Flour
slow; no special change. No spring wheat,
7I3sc; No. 8 spring wheat, 6S966c: No. 9 rel,
7l5Sc; No. 2 corn, 4216c; No. Q oats, 3O15
@SSA0: No. white, a21SGSsc; No.
8, f. o. b. 4I@65c: No. 4, ,S4c; No Ifiaxseed 81 Os;
prime timothy seed, 50 90: mess pork per bbl
sl4 s71% lard per 100 lbs, SO 80; short ribs sides
(loose5, S. 45@S 20; dry salted shoulders
(boxeul. 81 1901 S7H short clear sides
ished goods, per gallon, 81 60. Sugars, cut
loaf, unchanged; granulated unchanged;
standard ga" unchanged. No. 8 corn, 3S15c
Receipts-Flour, 1000 barrels; wheat, i4S,-
bushels rye, s. 600 bushels; barley, ia 900 BUSH
els.
Shipments Flour, 5000 barrels; wheat,
10000 bushels; corn, 1900 bushels; oats.
$4,000 bushels; rye. 1000 bushels; barley, 5O,-
90 bushels.
On the Produce Exchange to-day the butter
market was dull: creamery, 20GaS1$c: dairy
19@26c. Eggs firm: strictly fresh, 23324c.
NJ. Oakley & Co., bankers and brokers, No. IS
sixth street: