Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-12-23
Boston stocks-C1osinr Prices.
WHEAT ADVANCES.

| Accompanied by Scenes Which Reminded
the Trade of "OId Hutch's" Corner
Corn and Oats Higher and Hog Prod
nets Lower
CHICAGO. Dec. 22.-For about two minutes
to-day the wheat pit of the Board OF Trade
displayed more animation than it has done
at any time since ''Old Husch'' carried
through his big corner a few years ago
| Brokers yelled and struggled to get into the
| jam; hats were smashed and coats nearly
| torn Off in the frenzy that animated the
crowd, while the roar that went up effec-
| tualy stopped all business in the other pits.
All the turmoil resulted from the fact that q
number of shorts in wheat were caught nap.
| ping. There was talk of an outbreak in
| Paris and feeling that the complications
might involve other countries. There was
no confirmation of these reports, but they
served to increase the nervous feeling
| among shorts and in the excitement the
price went up lszc. The price at the close was
Nc higher than it left Off yesterday. Corn
is nc higher. Oats are sEc up, but provisions
show declines of about 2Oc IN pork, from &c
co l5c in lard and from PIC to 5 in ribs.
Wheat opened quiet, and the first sales
were at some advance over yesterdays
close, but soon came free selling by scalpers
who had bought on the bulge yesterday af-
ternoon. The feeling was queit weak for q
time, and the market went of &c. Later it
was rumored that the clique was buying
and the feeling became stronger. Then
came reports of liberal exports from the
seaboard-over 700 0OO bushels-and the Gin
CHINA Price Currents report that the receipts
were pretty sure to fall off materially in
both winter and spring wheat regions. As
the clique's brokers kept right on buying
the shorts began to exhibit increasing nerv-
business and began to buy everything that
was offered, prices steadily advancing 20
sc and then rapidly sz9lc more, eased OF
5s4szc, ruled steadier, and the closing was
&c rom the top
The houses which are supposed to repre-
sent the bull clique were Tree sellers at from
7715c up to 7S16c, and it was calculated that
between those prices the buying Juror was
so great that they were enabled to dispose
of about 100000 bushels of their long
wheat.
,Oorn at the opening was dull and easier at
about yesterdays final quotations, with
room traders inclined to take the 'rbear''
side and under moderate offerings sold of
1zG5sc but rallied soon nfterward, selling
uD lQI1sc. influenced by the action of wheat
aud TO liberal purchases by some OF the
houses who sold freely last week. Tho mar
ket then receded sc, ruled steady and
closed ut 1<@5Sc gain:
There was quite little excitement in rye,
but there was more shouting than bu siness
in it, A big crowd collected, but not more
than 90 900 bushels changed hands for May
at 78c advance over yesterdays price. The
eNclVenent chlueu uoHH as Tdpluly as IL.
had gone up. The longs did not appear
anxious to sell out at the advance.
The provision market opeEed weak and
so continued. Further liquidation by the
longs was the feature.
Cash quotations were as follows: Flour,
dull; good deal of inferior on sale; No.
snring wheat. 7I1Sc; No. 8 spring wheat IS
@63c; No. 2 red, 1890. No. 2 corn, 4i1sGD4l1<c |
No. oats 30c; No. 3 white, 3315034c; No 3
white, 3l@3l1zc. No. rye, Soc No. barley.
Csc; No. f. q. b.. 4l@6Oc: No. 4 T. O. D., $50
42c. No. l flaXseed 81 OS Prime timothy
seed s. 90. Mess pork per barrel, Sl4 500
II &C. Lard per 100 pounds, $40 80; short ribs
sides, loose, IS l5@s 20; dry salted shoulders,
boxed, 81 s715@s co. short clear Sides boxed,
s, Gas s.. Whisky, distillers' finished
goods per gallon, 81 go Sugars, cut loaf
51%@5%c; granulated, &c; standard "a" 41Sc.
No. 8 corn, BIG
Range of the leading features furnished bv John
NJ. Oakley & Co., bankers and brokers, No, As |
Sixth street.