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Pittsburgh Dispatch in Pittsburgh, Pennsylvania

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Newspaper

Pittsburgh Dispatch

Location

Pittsburgh, Pennsylvania, United States of America

Date

Apr 11, 1890

Page

7

Iron and steel markets show mixed demand and prices

The Iron Age market report notes unsettled American pig iron with Southern competition and weak demand for steel rails. Prices for No 1 and No 2 foundries vary, with Northern iron showing higher figures and little trading for heavy sections. Spiegeleisen and ferro manganese see sparse activity amid cautious buyers.

Dreratrer New Yours Pennsylvania Southern Iron Brand Spiegeleisen Tidewater Pittsburg East Chicago, Burlington and Quincy Chicago Bessemer Stafford Lo. B. Lippol Bamion Wats Seas Peel New York Liverpool

Markets By Wire Wheat and Corn Price Fluctuations News

Chicago wheat and corn markets show unsettled nerves amid uncertainty of the government crop report. Prices move up and down as speulators sell into strength and shorts cover. May and June futures slip while pork and lard trade remains strong. receipts listed for flour wheat corn oats rye barley and other commodities reflect a mixed trading day.

Chicago Bome India Indiana Ilinois Michigan Qate Yestery ApgeRgas Wrath Ismell S.c New Orleans Uctaler Western Dairy Do Creamery Philadelphia Minnesota Twentieth Street Sige Corn— Pene Inashington Street Eran Pennsylvania Greta Minneapolis Sigsige Une BBC Timothy Aise

Iron Age reports London iron market swings and prices

London cables say pig iron warrants weakened on bearish pressure, then rallied with Scotch up to 52s 0d and hematites at 8 7d. Makers' brands mostly steady, Spiegeleisen around 110s, billets and slabs unchanged, tin plate buyers holding orders awaiting quarterly meet results, and ship stock at Pine Point 535,000 boxes.

Disratch New York The London Middleborough Bessemer Middlesborond

Contract Let for Eight-Story Court House District Building

Arbuthnot Stephenson & Co. let the contract to J A and A H Wilson for an eight story building at Penn avenue and Eighth street. The $150000 project should be ready by January 1 next year and will be the most imposing structure on the avenue. Local property values and future Court House district improvements are discussed alongside crop outlook notes and a Montana mining legend.

Messrs

Stock Market Dull Yet Some Stocks Advance

Trading yesterday showed little business with several stock calls quiet. Philadelphia Gas rose to 2134 after the morning session, and related gas issues climbed, Wheeling Gas to 214 and Bridgewater to 3414 closing high. Several other utilities and mining names traded near prior levels as total NYSE volume reached 116,455 shares.

Philadelphia Gas Wheeling Bridgewater M. Electrics

Local Money Market Sees Smooth Operations and Stable Rates

All departments of the local money market reported smooth operation with moderate demand and ample funds. Rates stood at 6.7 percent, clerical business brisk, and exchanges totaling $2,506,049.19 with balances of 9,958,272. Tomorrow’s Clearing House report expected to be the year’s best.

Clearing House Paris New York Sterling Exchange

Mining Stocks Brief From Olentoor and California Listings

A compact list shows stock names and prices including Commonwealth 250, El Vista 1a, Gould and C 190, Hale & Norcross 805, Horn Silver 5, Ex-Div. 513, with several California and Nevada listings such as Guiganntte and Vir nis noted among fragments.

Olentoor Ona Chollar California Commonwealth Elvista Gould Hale & Norcross Horn Silver Oneo

Oil market rundown with mixed signals and field notes

Monthly oil report shows both 77,000 barrel production rise and 209,000 certificate drop, signaling slower trading and narrower margins. Notable wells include McGowan No 1 in Washington field holding steady, Hart Bros No 1 near Carson heirs property flowing, and Roblins Patch leasing Cephas Day farm with expanded acreage.

Atlantic Venne Tidewater Se Sita Hest New York Oil City Marshal Oil Company Haun Farm Westview Ine Ivory Citizens’ Oil and Gas Company McGowan No. 1 Washington Field Berthel & Co McGowan Claysville Hart Bros Hon John Carson Heirs Roblins & Patch Cephas Ninevah Oriy

Oil strike on Hoss White farm found groundless

Steubenville report claims an oil strike on the Hoss White farm near the city is baseless. A visit to the well showed no oil at over 1,700 feet and the drilling cable broke at the wing socket Wednesday evening, requiring a fishing job in the 3 cent. inch hole.

Steubenville Hoss White Farm

Petroleum market report with mixed prices and shipments

April trading showed crude opened at 7th grade with highs and lows reported. The market closed with limited clearances for charters and overall shipments around 60,541 barrels, totaling 66,624 barrels in runs amid uncertain demand and price swings.

Om Crry Pectroleum Barre Bradford Tone Rosse

Movements in Realty Transactions

Hamnett Meredith of 102 Fourth avenue Wilkinsburg sold a lot on Kelly street Wilkinsburg 45x12 to T W Fitzgibbons for 1474. James A Skiles and Benjamin Skiles sold No 112 Taggart street to Philip Kronenberg and Jacob Rinn. A two story six room dwelling 2x80 feet near Pleasant Valley Electric road sold for 2000. Mortgage of 1000 at per cent for one year on a vacant lot near Center avenue Pittsburg. J Walter Hay sold lots Nos 79 and 80 in his plan of eee space in the Nineteenth ward each 20x100. W A Herron & Sons sold lots Nos 11 and 12 in W King plan Herron avenue Thirteenth ward 41x30 for 9600. Samuel W Black & Co at 9 Fourth avenue placed a mortgage for 3000 for three at per cent on property on Thomas street East End city. Ewing & Byers at 03 Federal street placed a mortgage for 1000 for five years at per cent on property in the Sixth ward Allany. Alles & Bailey at 14 Fourth avenue placed a mortgage for 1100 for three years at 6 per cent in Sixth ward city. Matter Thompson & Co at 162 Fourth avenue sold Householder Jones a lot on Broad street East End 20x90 for 650 cash.

Hamnett & Meredith Fourth Avenue Wilkinsburg Kelly Street T. W. Fitzgibbons William Fox Black & Baird James A Benjamin Skiles Philip Kronenberg Jacob Rinn Taggart Street Second Ward Allegheny Pleasant Valley Center Avenue Pittsburg J. Walter Hay oTey W. A. Herron & Sons King Herron Avenue Thirteenth Ward Samuel W. Black & Co Fourth, Avenue Thomas Street East End City Ewing & Byers Federal Street Sixth Ward Allany Alles & Bailey City, Matter, Thompson & Co Fourth Avena Householder & Jones, Alot Broad Street

Market Dullness Persists as Bear Raid Shifts Tone

The New York stock market opened dull with a firm early front, then a bear raid wiped out gains. Union Pacific stood out amid general apathy, while rumors of U S funding bill action and a possible director election influence lingered. Missouri Pacific slipped after a company notice, as trading extended to many unlisted stocks despite overall weak activity.

New York Union Pacific Washington Bank of England St. Paul Roc Bears Missou Pacific the Post Vanderbilt Northwestern Union Pacific Board Union Fic New York Stock Exchange Whitney & Stephenson Pittsburg Fourth Avenue

Wilkinsburg to grade and pave principal streets this summer

SEIBERT & Co prepare to start a six story Penn avenue building. Edgewood borough orders street survey to aid builders. Wilkinsburg to grade and pave main streets, Council to borrow funds. Railroad earnings show gains. many repairs citywide. Pennsylvan ia RR plans large Wilkinsburg freight house. A St Peters Church member expects services in the building for several years. Gould brokers report hopeful Wall Street tone amid market apathy.

Seibert & Co Penn Avenue Edgewood Paeipariey Wilkinsburg Washington Union Pacific Pennsylvania Railroad St. Peter’s Church Wall Street Whitney & Stephenson Gould Brokers

East Liberty Stock Yards Report April 10 1890

Pittsburg Dispatch notes cattle receipts 100 head shipments 140 head with no cattle shipped to New York. Hogs receipts 1 000 head shipments 1 300 head market fair with medium and selected hogs 4 56 to 4 30 per cwt. Sheep 400 head. market slow and unchanged. Weekly transactions summary follows.

Pittsburg Dispatch New York Pean East Liberty Reeves Ceva Chicago Ile

Beef and Hogs Markets Mixed Across Cities

Telegraph market notes from New York to Buffalo Chicago St Louis Indianapolis Cincinnati and Milwaukee show cattle steady to higher, hogs mixed to lower, lambs and sheep active in Buffalo with higher bids, and varied grain and dairy figures. Salvation Oil ad promotes a 25c price in closing lines.

Remnant Goods Sale at 35 Fifth Avenue

Fragments of Drees goods including Black Silk Velvet and Gingham remnants offered at 35 Fifth Ave. White goods also advertised among the selections. A brief notice describes a sale event spanning Friday and Saturday with available stock and prices not specified.

Fifth Ave

Wheat Advances Sharply and Flour Premises to Follow

Domestic markets show wheat gains as prices firm for coffees and sugars while potatoes remain firmer. Apples dull with scarce creamery butter. fruit from California comes direct and freight rates drop slightly. Poultry supply light and demand weak as season winds down.

California Pacific Coast Chicago Buttenn—Creamery Elgin Ohio Lastice New York Florida Valencia Jamaica Jersey

Grain Exchange sales show oats and wheat gains ahead

Receipts bulletined show 16 cars of commodities including oats, rye, middlings, hay, and wheat moving by Pittsburg Fort Wayne Chicago and other lines. Wheat and flour outlook hint at rapid advance, with shortages tightening as prices for carload wheat and flour edge higher.

Grain Exchange Pittsburg Ft Wayne Chicago Cincinnati St. Louis Baltimore and Ohio Lake Erie Western Coro Ieee

Drygoods Market Describes Trade and Prices

The drygoods market continued without change with robbers doing a fair business nearby but no drives. Demand was moderate at first with improvement from the West and Southwest. Fine brown and bleached goods showed fair demand and cotton goods stayed steady in price.

New Youk

Also Mentioned on This Page

Great Britain England Glengarnock Ardrossan Ownessuese Middlesbrough Pig Shotts Ginazow Eglinton Ss. Gd Spiereleteen Mila Steel Straits Akoees Gradio Magheeied Lake Apen Femer Domenu Straita Arbuthnot, Stephenson & Co Court House District Court House Fifth Avenue Grant Diamond Ross Streets University United Presbyterian Church St. Peter's Episcopal Church U. P Smithfield Street Liberty Street Illinois Iowa John J. Davis Montana Miner Davis Itte, Er Heatman's Insurance City Insurance Iven Allegheny Tins Co Ili Allegheny Heating Co Gas People's Pennsylvania Gas Co Phipin Co Westmoreland & Cam Wheeling Gas Co Forest Oil Co Le'Norte Mining Co Ouwe Suater Mining Westinghouse Electric Monongahela Nav.Co. A Werlinghouse Airlike St. Mining Co Robinson Bros St. Joseph Para E EP Wheeling Gas Central Traction Ee. Rea & Co Meren and Manufacturers’ National Bank Echcing Good Snape U. S M. U U.S N. J. C. Int Northern Pacific Northern Pac Louisiana Stampedés St L D.& KG West Tats Union Pacific Isis Tre Erie Eel West Shore Lilly M. K.&t New Yorke Bank of and New York Exchange Bails and Bears John M. Oakley & Co Sixth Street Pittsburg Petroleum Exchange AV Charters Aveeses Sie Sein Antwerp Missouri Pacific Gres- Higher Sim Giltreatea F. UK Canada Central New Jersey Giuk Loweat EK F Lake Erie & Wes Oese West Pf Louaisville & Nashrome Wave Wits Mobile & Ohio New York Central Seus An. Sane N. Y Ly Oaeee Pacific Mall Philadel, & Rendin Linan Fass Richmond & W. P.T SW P.T San Fran Ates St. San Ist Texas Co Perry Oty Ease Western Union Wheeling & L Nesstonal Lend Vast Chileago Gas ‘Trust Boston Atlouex Boston & Bany Boston & Maine Eteneeoeres Erseneers N. Eng Eesensen Eens N.Y Anniston Land Old Colony Diego Land Co Weese Essen Es de Budalo Pitts Wee Leigh Valley Lehi Navigation Northern Pacific East Liberty Tock Tosteday Telegraph Texas Indianapolis Milwaukee Flomr Rley Salvation Oil Java Maracaibo Mocha New Santos Caracas Lavayra Santor Choice Rio Me Rio Fio Cassia Sant Mes Obio Lee Perienlyne Sac N. C. McLanses Hesad Carolina Louisiana Muscatels Ondara Sultana. Me Brazil Sharon Les— Chambers Sinn Lex Eureka Ida Hid Iceland Halibut Pickerel Eperson Scott T. Mellon «Sons Bank Pittsburg, PA Mexico West Indies South and Central America Joseph Horne & CO St. Gall Toll du Nords Chalon Bach Seersuckers I Smitings Heather & Renfrew Zephyr Gindhams Beokeers—Financial Weere Stephenson Wile On Avenue Mess Messen Deeus Atorgae Ey Mea Bankers and Beckers Castoria Medical Whittier Siena Kittier Sunda Pittabure Psawk Stres Wm. H National Medical Association Parker Snd Peabody Medical Institute Bulfinch St Mass auliz-Tursunk Benory Grays Bpeciic Pitteberg Mullan Corner Smithfeld Liberty Siz Sh. Oe Oldess Penn Ave Wood erIceses Medicin Bet Tal Co Ward Pidgarate Pa Joseph Fleming & Son Diamond and Market Sts Coen Eames J. H. du Mont Columbus Ave SWIFT Drawer Atlanta, Ga
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