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Newspaper
Pittsburgh Dispatch
Location
Pittsburgh, Pennsylvania, United States of America
Date
Apr 13, 1892
Page
3
The trade news notes improved demand for breadstuffs and a rebounding cereal market after a harsh stretch. Harness makers report steady orders and low leather costs, while shoe trade shows firmer prices, stronger leather markets, and cautious optimism for the year ahead.
Cattle receipts about 100 head with 200 head shipments. market active near yesterday's prices and no cattle shipped to New York. Hog receipts around 500 head with 1,000 head shipments. market active across all grades. Three cars of hogs shipped to New York. Sheep and pig receipts about 1,400 head. market fair and unchanged.
Telegraph market notes show New York and Chicago receipts with large beeves shipments and steady beef, mixed cattle and hog movements in St Louis Cincinnati Omaha and other centers. Prices vary by class with steady to lower trends for sheep, lambs and calves amid fluctuating demand.
An unclear fragment hints at a public event with emcees and a firm, mentioning a rose army and goldstunned AiS Eid Os. readable content is fragmentary and lacks identifiable persons or organizations. The item appears to be a damaged OCR.
Market for drygoods shows continued business with New Year and April 12 activity. Orders for replenishment were signed with jobbers and the market appeared promising.
Pardridge buys throughout the day as prices slide in the wheat market. Reports show heavy cables, meager export demand, and rising supply with May and July futures drifting lower, while corn and oats trade softer and provisions stay subdued.
Real estate activity surges in the Greenfield avenue district with 65 houses under construction and a 20 000 dollar project for 10 dwellings by the Schenley Park Land Company. The Newsboys' Home contract will be let next Saturday by J W Offerman as part of a wave of street improvements and property sales across Allegheny and West Pittsburgh.
The local stock market was quiet with firmness overall. Key performers were Manchester Traction Chartiers Gas Airbrake and Pipeage while Birmingham Traction weakened and Duquesne stayed near steady. John D Bailey's auction at the Chamber of Commerce drew a good crowd with twelve of seventeen parcels sold.
Insurance firms and several utilities faced bids with withdrawals. Pacific and Atlantic Telegram Company bid 1150 and Tosurance conmpany 44.75, while sales on change featured Airbrake at 110.95 and 46 Airbrake at 110. Chartiers Gas 11 and Central Traction 3,000 note.
New York stocks closed dull and steady with little change. Sugar led a few fractional gains while Consolidated and Manhattan wavered, and New England and other names showed mixed results as bear pressure persisted in late dealings. Total volume topped 200,000 shares.
Bar silver moved lower in London trading to 899 16d per ounce and in New York dealers quoted 884 cents per ounce. Market desks noted a general softening in the precious metal markets as April trading opens.
The local money market held steady with good counter business and limited paper offered for discount. Interest eased to 6 percent as bank clearings reached 2 235 170.60 and balances 325 965.05. Newark money on call was easy at 1 to 9 percent, with short rates common near 3 percent. Sterling exchange remained steady at 466 for 60 day bills and 4871 for demand.
Fragmentary OCR notes list various bond quotations and financial codes from multiple issuers and locations. Key items include references to Gen 5s Tenn New act, 100 1M New wet Tenn new set 3s, Den om G 4n, BR G ista, Den 82 Den 4R G West late Erle 245 M. K. T Gen, StL 5 Gen, West Shore, St. Paul and other securities references with percentages and codes.
New On.tesus clearings reported 1 553 299 with St Louis at 913 943 248 in cash balances. New York par on exchange. Memphis New York Exchange sells at par with 391 653 clearings and balances. Philadelphia Bank clearings 15 573 999 with 2 106 999 balances. Boston clearings 16 875 016 balances 1 769 913. Exchange on New York at 17 to 20 discount.
The article notes lower prices for Elgin creamery butter and a general downtrend in butter markets while eggs remain steady or higher than many centers. Beef and produce receipts are mixed with heavy weeklong imports and fluctuating prices across multiple items including apples, cheese, and canned goods.
Grain Exchange carload quotations show oats and corn steady with oats at 35¢ and No 2 white oats at 83340 per car. Receipts noted in bulletins from Pittsburg Ft Wayne Chicango Railway and Baltimore Ohio lines with mixed lots of oats corn middlings hay and flour. Widespread price ranges across commodities reflect firm shell corn and oats and steady wheat and hay markets with higher quotes on some feeds and middlings.
The report shows a steady trend for coffee futures with several months listed from April through December trading at varied levels. Rio cargoes are described as fair with No 7 contract prices around 154 cents and spot Rio noted as dull and nominal.
A series of suits were filed in Pittsburg including Amelia Kammerer suing the city and E M Bigelow to halt a land take for alley widening and seeking an injunction. Barbara Miller seeks $1000 damages for grade changes on Butler Street. multiple Common Pleas actions followed with verdicts and divorces granted in several cases.
Grand jury spends day hearing testimony against oleomargarine dealers brought in by Constables at Attorney McCook's request. Hundreds listed for paying government tax on sale of the article. Afterward homicide cases to be disposed of. Damages for Arm Loss At Hotel Schlosser Suit In McClung Court The Mary Leahy case against John B Schlosser and G C Dellenbach proceeds with plaintiff alleging injury at the hotel.
The Common Pleas No 1 list will be called Thursday instead of Friday. A NonN suit in Lloyds for use of Amelia J. Lloyd against The Dwelling House Insurance Company on eight policy. Hagerman v Mangan a damages suit after Hagerman injured by Mangan striking him in the face with a pick. A verdict of twenty five dollars for the plaintiff.
An OCR fragment shows multiple references to SICK HEADACHE and various brands like Carter's Little Liver Pills and cyters Little Liver Pills. The text appears as a cluttered ad or catalog snippet listing pill names and headache relief products.
In the case of Robert against Cr. Marshal, Palmer was arrested on a wagon theft charge but discharged and brought suit for damages. The action centers on the alleged false arrest by the marshal and the resulting damages claimed.
In Errisa New Hampshire the long running fight against liquor dealers ended with an arson attempt on Rev. W P Clancey and his family. The pastor who led the crusade against rum traffic escaped harm as incendiaries set fire to the parsonage and barn. Townsfolk report mounting threats and earlier church arson attempts.
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