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Newspaper
Pittsburgh Dispatch
Location
Pittsburgh, Pennsylvania, United States of America
Date
Apr 18, 1892
Page
7
The Brooklyn Tabernacle Easter service features lilies spelling Resurrection and a sermon likening life to a ship that must unload. The speaker cites an allegory of Misery and Death in a pear tree to urge readiness for the afterlife and the gathering joy of heaven.
Cattle receipts varying from 15 000 in Chicago to 1 800 in Omaha show market activity with steady to lower tones in some regions. Hogs and sheep show modest shifts with demand for choice lots lifting prices in spots while overall averages drift. Buffalo and St Louis reflect slower trade and quieter conditions.
Traders saw active activity on Saturday with several stocks closing higher for the week while others declined. Key gainers included Chartiers Gas, Philadelphia Gas, and Manchester Traction. decliners were Central Traction and Luster and Switch and Signal. Five day totals showed 3,802 shares and $7,000 in bonds. Philadelphia Gas led with 780 shares. The week’s overall financial picture remained steady with routine business in the paper trade and a quiet die count department. Clearin House figures accompany the five day results.
The past week saw drops in poultry eggs and butter prices due to oversupply while grain and hay receipts fell and demand improved. Wheat and flour demand rose with stronger export interest, while hides and footwear markets showed varied activity across regions and buyers remained steady in the shoe trade.
Chicago markets near closing show a surge of cash wheat selling with May and July options trading above Thursday levels before slipping. Prices faded to near Thursday night, with a tac decline as the gong sounded. Provisions remained steady, with lead futures updated by John M. Oakley Co. at 4 Sixth Street.
The stock market shows activity mainly in coal shares with strong performance from Richmond and West Point. Reading leads gains, while Industrials and New England lag. bonds, especially Reading bonds and Richmond West Point issues, drive the day with about $1.17 million in sales and prices near day’s best.
On Saturday April 165 the market saw steady activity in country produce with butter prices declining by 60 per 1b due to ample receipts. Egg supplies meet demand after a period of shortage, while overall trade remains active. Old vegetables are quiet as new stock from the far South arrives.
Coffee exchange closed on April 14 with Rio spot dull and nominal. April 16 dull trading in Rio car market with No 7 at 1340. New Orleans buyers noted Rio prices quiet to fair with ordinary to fair quality and similar levels.
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