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Newspaper
Pittsburgh Dispatch
Location
Pittsburgh, Pennsylvania, United States of America
Date
Apr 16, 1891
Page
7
East Liberty stockyards opened with about 100 carloads on sale as conditions improved for cattle. Prices rose 1 to 2.50 per cwt with top beef cattle around 6.00 per lb, while calves and sheep saw varied gains and slower demand, calves the largest weekly intake.
Cattle receipts total 180 head with shipments around 100 head and values from six to nine dollars for prime and common grades. Sheep and lamb figures show 200 head with prime lambs near five dollars. calves bring varied prices, while no cattle moved to New York today.
Receipts and prices from Omaha Chicago St Louis and other markets show cattle steady to higher in places, hogs weak in some areas, with steers 4 25 to 4 65 per 100 pounds and mixed grades varied. Noted strength in cattle demand in Omaha and St Louis with active sales and several price points across regions.
Special telegram reports New York and London bullion prices for bar silver on April 14. London price 449.160 per ounce. New York selling price 873g. Gold value noted. Domestic metals: pig iron quiet, copper stagnant, lead stable to unsettled, zinc lower. Market notes reflect mixed commodity trends.
Chicago reports speculative commodities subdued with mild gains in wheat and corn contrasted by a lack of export business. May futures fluctuate around 1.05 to 1.10 while July marks steady pressure. oats and provisions show firmness, cash demand weak but ongoing buying for export at New York. Foreign cables cite stronger markets and North West weather easing selling. New York, Philadelphia, St Louis report mixed yet active price action across grains and fats.
A Washington County doctor visiting Pittsburg balks at $49,000 for Penn Avenue land, noting Pittsburg values are high while land in his county seems cheaper. The market shows slow realty movement with labor trouble, yet anticipated new business on Fourth Avenue signals ongoing development. Mortgage activity includes purchase-money loans, bank moves, and brisk land sales in Kreiling and Marion plans.
The money market remained similar to the prior day with heavy deposits and balanced discounts. Rates on short time loans show shading due to funds accumulation, with time paper taxed at 6.7 percent. Clearing House exchanges reached 1,076,770.96 and advances 572,274.50. Silver tendered to the Government rises with January 88 percent and April under 0.5 percent for sold certificates. silver certificates payments climb to 19 percent in early April. New York money on call easy, rates 2 to 5 percent, prime mercantile paper at 7. Sterling exchange steady at 4.54 for 60 day bills and 4.584 for demand.
A dense snippet shows mixed securities data including bonds and stocks from various railways and companies. Mentions of Pacific lines, Northern Pacific, Central Pacific, Oregon & Transcontinental, and Union-related notes appear with price-like figures and shorthand terms. The text resembles a late 19th or early 20th century market page.
Bank clearings listed for Chicago Boston and Cincinnati show totals from about 11.3 to 19.5 million with balances and par exchanges. New York exchange remains at par while other markets report easy money with 6 percent rates and discounts or premiums noted.
Busy call trading amid bearish New York tone and gold export bets. Philadelphia Gas led activity, opening at 13 and finishing around 1344 bid as Electric showed little movement. New York totals show heavy volume with firms like St. Paul and Union Pacific among movers.
The market showed no sales yesterday and bids cooled at 724 with 7234 as the close. A broker noted the delayed impact of trading changes, while refined oil held steady at prior quotes amid mixed reports from New York and Lima oil futures.
New York stocks closed fairly active and firm near best, despite early weakness from monetary concerns and West tensions over the Western Traffic Association quorum. Tennessee Coal fell about 2 percent, later trimming losses as Grangers and Industrials led a broad late advance, with Villards rallying and the market finishing near highs. Total trading volume was about $1,161,000 with mixed gains across leading issues.
Philadelphia stocks and railroad listings compiled by Whitney and Stephenson detail brokers at No 7 Fourth Avenue. The report includes Lehigh Valley and Pennsylvania lines with Northern Pacific common and preferred issues, and shows bid and ask activity, Buffalo NY and Philadelphia market ties, with scattered price figures and notes.
A dated stock table from New York shows prices for mining shares including Hale & Norcross at 400, Homestake 875, Mexican 450, Ontario Sh00 340, Plymouth Co - readings for several firms such as Sierra Nevada 25, Union Consolidated 400, and Standard 120 among others. The list captures varied values and company names in a compact market snapshot.
Turpentine quiet at Savannah at 364 cents per gallon. rosin firm at 245 and 155 dollars. Charleston reports turpentine at 6 1 2 cents. rosin steady with strained at 180 dollars. New York notes rosins steady to firm with strained and common up to 170 to 175 dollars. Wilmington shows spirits of turpentine steady at 6 cents. rosin firm with strained at 122 dollars and good strained 127 dollars. tar at 135. Crude turpentine lists bard 146, yellow dip 225, virgin 25.
Spotted fever spreads in Texas while Upper Michigan Straits clear and Nebraska farmers sow most small grain. Queen Victoria ill after Manipur massacre news. Five die in a London fire. Buffalo Bill arrives in Antwerp. Stanford University faculty near completion in Palo Alto. Burlington hotel man Charles W White dies by own hand. Stanley denied as Governor of Kongo State. Albany charter election a Democratic walkover. St Clair river iced over. President Harrison to launch Monterey at San Francisco. Three hundred union workers strike for wage gains. Chicago kindergarten educators plan Froebel birthday. Madrid foreign ministers attend industrial property conference. Cincinnati students bruised in interclass flag war. Eau Claire lumbermen seek 10 hour day. National Farmers Congress set for Sedalia with Galveston excursion. Grace Hawthorne bankruptcy liabilities total 7891 dollars. Charlotte race difficulties exaggerated. Brandham not to be lynched. Jease Lockwood murders wife while insane. El Paso Democrats reelect against opposition. Bishop Racine urges French Canadians to settle in new districts. Fifty Civil War skeletons found near Corpus Christi. US breadstuffs exports for March 12,582,190 dollars. Dr Arthur Vokes commits suicide seeking Brights disease cure. Nolan Hathaway and Miss Henrietta Bowen secretly married in Milwaukee. Rolla and St John settlers seek protection from 2000 Indians. Port Huron Huron ferry stuck. food delivered by tug. Russia preparing for war amid European rivals. John H Parnell summoned to Ireland by brother Charles Stewart. Oregon steamer carries few passengers. Halifax influx to avoid new immigration law.
The H. K. Bedford left at noon yesterday for Parkesbourc and the M. F. Allen heads to Wheeling at noon today. The Hudson was the Cincinnati packet yesterday and the C. W. Batchelor will depart at 4 PM for Cincinnati. Monongahela wharf marks show 8 feet 9 inches and falling slowly.
An old advertisement fragment promotes Carter's Little Liver Pills claiming relief from sick headache and liver discomfort. The blurb emphasizes liver health and quick relief, using period advertising tone and compact product focus.
Eggs and country butter drift lower with light cereal demand and scarce supplies. Coffee remains firm as market players note slow sales, expected bottom prices, and easing domestic and imported pressures across grains, dairy, and fruits in early spring trading.
Sales on call show 1 car No 18 corn 785g spot 1 car mixed hay 1 PL&L E loar No 2 white oats 6ige May delivery. Receipts include 10 cars by rail with oats barley flour hay corn wheat bran. Market remains stable for cereals with light receipts and slight upturns but buyers hesitant to push prices.
The notice lists prices for flour and grains, hay, and lumber products, including white middlings, winter wheat bran, timothy hay, and various lumber quotations. It also notes demand curtailment due to labor disputes and mentions steady to quiet markets across Kansas City and Toledo with currency.
In New York on April 14, coffee options opened steady with prices easing to around 5 points. The market shows dull tone with slight declines in several contracts including May and June. September and October futures thinly traded while December remains near 14.70. Fair cargoes reported for Spot Randal and related items.
In New York on April 11 the drygoods market improved with more activity in prints and several thin summer specialties. Orders for broad goods, cottons, flannels and blankets were favorably reported while buyers hesitate to overstock items for immediate consumption.
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