Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-08-15
EVERYTHING CLOSES STRONG.
News Generally Bullish and Grain and Pro
visions Advance.


visions Advance.
CHICAGO. Aug. l3.-The weakness which
had been the conspicuous feature of the
market was lacking at the opening to-day,
and the result OF the days trading is that
everything dealt in on the Board of Trade
is higher than at the close yesterday. This
fact is due in part to natural reaction from
the recent declines and in part to the news
of the day The trading, however, was gen.
orally light.
Wheat exhibited conspicuous undertone
of strength, considering the volume of
trading, which was small. This undertone
WAS supported by the improvements mani
Tested in the cables. liberal exports from
both coasts, the bullish purport of Beer
bohm's estimate OF the worlds wheat crop,
the receipts here being under the estimates
and reported heavy cold rains in certain
sections of the Northwest. The opening
sales exhibited an improvement of VI over
yesterdays closing prices, and tn fluctua-
tions during the whole OF the session were
confined to nc range, the market closing with
q gain of Nc. There were some sales at the
opening at 77slc for September, but at the
same time there were buyers at 78c, and a
good deal changed hands at the latter and
very little at the former price at the time
referred to. The price held for a matter of
half an hour at 7Sc or better, and then took
a dip to 77szc, frer which it remained for q
long time at TIC, with very little offered
firm at 7sc.
The corn market was ve"y firm at the
opening. September touching 53c in the first
rush to fill the early orders. There were
some sales at the same time at 52Ac, but
521sc and SIC were more generally current.
The latter price was also the closing quota.
ton, but 1t was being offered at that. The
recovery was due to some uneasipess regard
ing the approach OF colder and perhaps
freezing weather in some of the more north
ern counties where corn is grown and to the
good demand which was reported from the
cash crowd. The latter, more. than the
possibility of frost in the corn country in
August was the more probable explanation
o the change in sentiment which caused
the market to wind up at about its highest
point. The stock of com in Chicago is said
to be chiefly owned by j. Bryant and he is no
bear on the article. He looks for CSC for the
couple million bushels or SO of September
corn which he is said to have laid by.
Oats f1uctuated within narrow limits and
closed with gain of Nc.
Provisions opened active and strong with
an advance OF &c in pork, 21a@l21ac in lard
taking everything that was offered at the
improved prices, and that cS used COM
plete change in the feeling of the crowd,
which, until the support given by Armour
was inclined to be somewhat panicky. The
small receipts of hogs AS reported from the
yards-S,C00 head-was contributory cir
cumstance in toning up trade at the start
Estimates OF gu, 900 hogs for all of next week
also had its influence in restoring con-
fdence. There was some realizing at the
advance, which brought reaction from the
extreme reached on the first bulge, but i'll
the end prices remained higher than at the
corresponding time yesterday by 121a@l5c in
pork. 5@?0c in lard and TIC in ribs.
Cash quotations were as follows: Flour un-
changed; No. 2 spring wheat: 7sc; No:
spring wheat, 69@73c; No. red, 775s@7sc: No.
corn, 531lc; No 2 oats, 33115@a33sc; No
white. SIC; No. white, 3315@3lc: No. 2 rye,
CSC; No barley, 63c; No. 3, nominal: No. 4,
t. O. b., 40c: No. fax seed, 81 0334@l 04: prime
timothy seed. 81 3s; mess pork, per Dbl,
$l2 20@l2 %; lard, per 100 lbs. 81 90@7 95;
short ribs sides Qoose). 50 00@s 10; dry salted
shoulders (boxed) 81 20Q7 30: short clear
sides (boxed), Ss logs is; whisky, distillers'
finished goods, per gal, 81 10; sugars, cut
loaf, unchanged: granulated, unchanged;
standard "a" unchanged.
Articles. Receipts. Shipments.
Flour, bbls.. ................ 1900 II 000
Wheat bu. $1,000 10s.00O
Corn, Du.....-......-..... lsZ wv 4u9 wv
Oats bu $4,000 AZ COO
Rye bu........ 5000 1000
Barley bu. 5000 None.
On the Produce Exchange to-day the but
ter market was firm: creamery, lS024]ac;
dairy, ls@2oc. Eggs, 1870. 80
Range of the leading futures, furnished by
john NJ. Oakley Co., bankers and brokers. No.
Sixth street.