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This newspaper page contains 19 articles. Subscribers can read the full text of each article.
Newspaper
Pittsburgh Dispatch
Location
Pittsburgh, Pennsylvania, United States of America
Date
Apr 20, 1892
Page
3
The article argues that modern trade demands aggressive selling and adaptation to new machinery and cheaper materials. It notes shrinking profit margins, varying metal prices, and the necessity for manufacturers to stay alert to inventions to compete. It also reviews calfskin trade specifics for drum and banjo head production, including supplier practices and global markets.
Cattle receipts 160 head with 190 head shipped, market slow at yesterday’s prices and no cattle shipped to New York today. Hogs receipts around 1000 head with 900 shipped, market slow with all hogs to New York today. Sheep and lambs receipts 1500 head with 800 shipped, market steady at yesterday’s prices.
Chicago Cattle receipts reach 7 000 with prime to choice steers and stockers varied. hogs 25 000 head, market opened strong then closed slightly lower. sheep and lambs show steady to firm values with demand for dressed beef steady. New York exporters and Slaughterers active. cattle in St Louis mixed, market steady to strong across regions. Calves and calves prices steady. overall tone firm with selective weakness in some lots.
The Chicago mercantile floor saw corn spike nearly two cents amid nervous short covering and suspected manipulation, while pork slid about nine cents and wheat eased a cent. Oats rose with corn as traders priced May futures amid mixed New York cues, with overall activity dominated by local shorts and public selling.
Northside building boom with 50 new dwellings under way and a $8,000 Keystone Bicycle Club building contract. The club bought a Howe street lot for $2,000 and architects Orth Bros will design the permanent home as Allegheny City expands.
The New York stock market Friday shows declining volume with heavy early trading and later restraint. Reading stock falls about 3 percent, with further losses across Jersey Central, Lackawanna, Delaware and Hudson, Erie, and others as coal shares drag the market. total daily sales reach 429,400 shares and railroad bonds trade actively at $2,300,060.
The market was dull with few transactions investors show plenty of securities. Philadelphia Gas and Luster were the main attractions with Gas rising to 19 at midafternoon and easing later while Luster advanced on mine news about neglected street railways. Switch and Airbrake rose slightly. After call activity included 10 Undead Cable at 74 and 100 Pipengo at 4.10. Birmingham bonds traded at 10 with 50 Philadelphia Gas changing hands after the close.
Mining stocks listed with prices for Krew Youre April 1. Firms include Homestake 1830, Crown Point 110, Eureka Con. 200, Goula & Curry 1: tale & Norcross 1, Mexican 0, Ophir 2, Potosi 100, Sierra Nevada 135, Standard 130, Union Con. 125, Deadwood 210, Sav age 145, Horn Silver 300, Con. Cal. & Va 430, Plymouth 170,: others noted as bids or closes.
Bar silver in London in New York dealers price for silver stands at 63 cents per ounce. The report notes London quotations and New York trading levels for the metal on that date.
The local money market showed improved loan demand and brisk counter business while the 6 percent rate held. Outside business remained substantial at 5 percent, with clearings $2 0425104 and balances $502 16395. The Journal of Finance notes abundant money and cheap conditions in Europe and the United States, signaling widespread liquidity.
The readable segments show stray references to bond quotations and financial terms. Names and places are largely obscured, with scattered mentions of Prime mercantile paper and various organizations, leaving the main story unclear.
New York clearings reach 156,107,485 with balances 7,054,231. Boston totals show 916,250,279 with balances 1,690,658 and a 17 cent discount on the New York exchange. Port LaPlains 810,016,004 with balances 1,728,936 and 3 percent money. Baltimore 3,973,560 clearings, balances 456,338, money 6 percent. New Orleans 1,754,723 clearings, New York exchange at par. St. Louis 4,612,316 clearings, balances 564,520, money 6 percent.
Elgin creamery butter and country butter supplies remain light with steady quotations. Eggs soft after Easter. bananas dull. California oranges and lemons heavy. Tropical fruits slow. vegetables abundant in Southern markets. last season’s greens and berries varied in demand. Prices for pears, apples, cheese, honey, and sugar ranges noted along with poultry, potatoes, and hay.
The column notes a coffee weakness over several days culminating in a drop while sugars hold firm at prior advances. Readily moving staples include a wide range of coffee, tea, cocoa, canned goods, dried fruits, nuts, starches, oils, and various syrups with numerous price quotes and grade notes.
The notice lists prices for oats and white middlings at Millsford No 1 and No 2, including per ton rates and assorted feed items. It mentions hay, packing hay, and wheat and rye provisions with various figures, reflecting a local marketplace snapshot.
Wool markets show little activity with slow offerings in New York and Pennsylvania. Prices steady in Boston and Ohio with limited supply in Texas and Western regions. Australian wools remain in strong demand at across the board price ranges.
Coffee options opened and closed steady with 250,000 bags listed across contracts. Prices show for Ap FS soc Ay 12.2049 to Dec 12.00e with Sep uae at 1L.65c and December IL.750. Spot Rio quiet and steady with No. 7 at 13 1/4 cents. in Baltimore April 19 coffee firm Rio cargo goes fair at 10c for No 7.
Market notes show turpentine firm around 3 1/2 to 3 1/2 cents per gallon with crude and strained varieties steady at about 110 to 295 dollars per ton. Rosin prices hold near 115 to 150 dollars per ton for strained and virgin grades. General dullness noted in some listings with minor firming in select centers.
Michigan peaches are fine while Texas faces a torrid wave with nine in the shade. Pussian Nihilists refuse alliance with Anarchists. New Orienne citizens organize to run down frebngs. Rich gold fields said to be found near Buckner Arkansas. The Austrian press opposes a large army increase. Dominion Government loses hope of talks with Newfoundland. Oliver Curtis Perry the train robber at Rochester has tried to kill his keeper. Nick Dunn James Dalton Martin Lewis and Edward Muck arrested for counterfeiting in Chicago. Cora Maginnis is 13 and may die after a rope jumping contest. Two men jump a farmer’s claim in Bonner’s Ferry Washington, a bloody local war looms. English admirers celebrate Earl of Beaconsfield’s birthday with primroses. Hall stones fall near Antlers Oklahoma Territory. Moon shiners attacked near Big Bay Arkansas. one killed. Two New York steamship firms aid Venezuelan insurgents for shipping favors. A Baltimore bomb wrecks windows in seven houses.
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