Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1892-03-18

Sass: spot Rio duIl bat stsady; No. z, DC.
slgnr--keducd steady and quiet AolasseS--
Foreign dun: New Orleans aniet and nrr {;
common to fnncy, Hso-aS. Rico glief And nrsn-
Petroleum quiet nai osey; refined. q. 30; Phln.
dclphia ana Baltimore, U.2J. Cottoti-ecci oil
duh bnt stendy; crndn, 24,@c. ysiie~. 2eSec-
Rnsin steady aud quisf. Tarpentine dsii and
nominal Pork qaist ard stsasIy- reonnis
stssfy. Beef 1cndy. Bccf hams dull. Terccd
beef quiet. Crtniea stesiy. Aiddles dull ana
easy. Lard lower ana dali; western steam.
eS.55k; my, t6.leaSG.20; May, ee.3s pa;
July, $500. FfeiGhtH steady; cotton, o'SSa. !;
grain. "A.
CHICAGO. Marcn ia maa 90. action for his
money Ia tho wheat pits to-day; traders were
more cnnt.ons % move qusckiy en- whatever
news FIRST came 20 hans, an1 wheat tcok oig
tumble, breaking re. corn end oats each L.
and pork $50. There Was no eiis 20 tins seilsni,
and y deiUge 81 b1ag sun flooded ell the pits.
Ia wheat at the start decided strcn2fh az.
higher pricos ruled, but shis was soon cnane1'
ard the feeling became es weak ~ It has bean
strong, ana early b1iis wore quickly pat 10 rcui.
The O1ofincs we're llglt ana there nss
O ycty strong Markct Tor snort ume
after the oDeniug. Nay selling a. nom
Stssc. 90 SD3c The business WIZ large
IL professional and mostly l0cai, bal
took much 81 it back on the subsequent docine-
mo strength o. tho market s0On increascl tne
selling, coming caiciy from the longs. who had
taken Il on The lsso break snd were disposed V
realize prolts. Late cables also cine in weak
ana lower, vale a generous SNOWFALL wa re-
ported in good deal a Tho snter-Viicat COUNTY,
which was expected 70 protect much OF nc
wheat Tho market quickly took the dos1
grade, hcldeTr scrambled over each Ottier n
their Efforts TO unload, ana short sellers Showed
incrgaeing activity. Down went tho prcis
steadily until q ioss ot lsSe. was reached may.
having touched S5atc., rec tel fome. ant al II
o'clock was about SJlsc. he price ngfia bcHon
10 tumble and ran down WITH redounled ifu o.
petus. The weakness daring the last hour
amounted 20 demOrahzaton, and thore was
drop 20 29ec. below the early pricee. As me de-
cline went on the discOgragCmcnt became
greater, margins were wiped out, stop loss limits
were reached, and short sellers grew moro
aggressive. May went down steadily 90 SalNc..
Reacted some, and closed weak ~ sac. Corn
showed good deal ri strength carry, influenced
largely by the irmness IN wheat, bat later in tne
dag all the gain was lost. being again
Influenced by ,he drop in wheas ana hog
products. May sold early az 500, brJse
gradually 10 $3.50, and az Il ocotA
was 80 :5-7a3S56c. The market weakened du-
ring the last hour, ana followed wheat, May go
Ing O1 % 3S5sc.. aud closing at J5ssr. Oats were
gtuot but SOON weakened. and remained weak %
the end. Hog products vere weak and lover On
q decline on Toe. IN prices ~ the stoSk-yaris.
The slump in wheat also helped % depress tue
market. Nay pork sold early at SlO.3Hbe, and
bFOke.to S1C.20. During he last hour there vas
another slump, May declining % Slo.125e' put
the latter reacted near the close, and closed AZ
5000. \ loss OF Doc compared VITA yesterday
Lard Is D. lower ana ribs i2l4c.
Casn quotations.. flour depressed and MONT
naL No. spring wheat, sI5tt; No. re'l'
= No.. No. , corn, - ". 80. = OATS, z',rt
27l,r. Mess-pCrk, SlNo3. Lard, SO.<oa
sO.57j<. Short RIBS. s550as5;5Hie. Dry-sslied
shoulders. s4.55as5.J0. snort-clear, s6.lV.
WhisEey sl.l3. ,-,..