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Newspaper

Pittsburgh Dispatch

Location

Pittsburgh, Pennsylvania, United States of America

Date

Apr 25, 1891

Page

3

Iron Trade Review Says Steel Boom Fails to Spur Demand

The Pittsburgh office reports a cool trade with unsettled labor and coke issues on the horizon. Prices for certain iron descriptions near bottom, with some gains in spot sales. stockpiles of raw iron decline as buyers wait for a strike to end and for improved conditions.

DULLNESS IN ALABAMA MEET MAKING

In Alabama the iron market remains dull with few new orders and turnover mainly at 600 contracts. Traders expect a rally before long as furnaces resume full operation though not before summer. Prices quoted show activity but overall demand is weak amid ongoing industrial shifts and labor concerns.

Momisesam Ala Dnl Shane Tarmacns Sal Fouttiry Ray Torry Desencer Commumcio Steel T. T. Aiman New York Tennessee Coal, Iron and Hailread Company

Hillman plans $1,000,000 steel mill in coal region

Directors fall ill with the scheme but Hillman promises success and the steel mill will be built. The Henderson Company once tried steelmaking here with two 300n furnaces but failed due to money and small plant. Renewed efforts seek capital and startup. July brings new coal mining scales causing operator tensions over renewed contracts.

Eassey Hillman Henderson Company

Gradually Settling Market Encourages Manufacturers

Philadelphia April 2 The improvement in the trou market noted a week ago continues though not fully settled. Manufacturers grow more confident but labor troubles threaten. Wages and prices force contractions or wage increases to avoid stoppages. Iron and steel markets show firmer prices and steady demand, with mills operating at full capacity later in the season and improved overall inquiries for deliveries.

Philadelphia

Coke trade shows better demand amid partial plant resumptions

EcoUpaLe reports improved coke trade with over 24 000 tons shipped last week and expectations for higher totals. Strike leaves 12 400 wyens idle. shipments average near 2 000 cars daily. Frick and McIore operate Painter, Morewood, and other plants in partial resumption. Wainey and Chester running. Cochran’s ants steady. prices cited up to 300 per ton for furnace coke with other grades noted.

EcoUpaLe Frick Company Jimtown Sterling Ini Morewood Leieruring Leith Davidson Kyie Adelaide MuCiore Company Painter Coalbrook Whitney Cora Chester Cochran's Threants Rainey Sherick Percy Hogsett Pittsburg Riter Ripples

Market reports signal price stabilization in Lake Superior coke market

An overnight dispatch notes ongoing sales of large Lake Superior charcoal at prices around the week prior, with some traders accusing misquoted figures. Stocks piled by farmers drive unloading while several major houses resist pricing pressure to hold totals, as some stalls fail and others fear more drops unless demand improves. Local coke movement remains active, with southern brands quiet and overall market sentiment hopeful for spring buying.

Dfatch Chicago Hoegers Brown and Merwinsay Lake Ruperter Samamr S Ie Wilkinsburg Electric Company General Grant Wilkinsburg Snd Edgewood Mampton Coal Road Pennsylvania Railroad Pittburg Pittsvarg Pittisburg

Buffalo market hints at cautious recovery in pig iron trade

April 24. Rovers Brown & Co notes only a modest shift in consumer sentiment in the Buffalo region amid steady market conditions. Foundries report dwindling pig iron stocks, while overall open trade remains tight. a sudden reaction could trigger a sharp price move.

Careta Tarnaces Ius Acovenk

Market summaries from Cincinnati on April 21

A telegraph dispatch reports little change in overall market conditions. Some sectors show slight improvement such as agriculture while rail linked industries remain slow. Iron and steel segments hold prices, with Fernaces cautious on new orders, and Valley furnaces uncertain about resuming work.

Cincissati Fernaces Teporte Inteltron

Small Sales and Diminished Iron Consumption Reported

In St Louis on April 24 rovers Brown and Meacham note markets are quiet with small sales at low prices. Iron consumption runs lighter than the prior year, with cash quotes for various coke, charcoal, and pig iron items listed alongside copper and tin status in New York markets.

St. Louis St. Loouiss Rovers Brown and Meacham St. Loui Southern Coke Southern Southern Coker Southern Gry Forge Charcaunl Amerourl Ie Mates Aipvaeaien Cic Bos

Pittsburg Real Estate Activity Gains Ground Amid Skepticism

Real estate deals in Pittsburg total about $90,000 as three large sales close this week. Officials reject claims of a smoke nuisance from Wilkinsburg Electric plant and tout the plant as fireproof and modern.

Pittsburg Realty

Oil Market Stagnates Amid Sparse Offers and No Sales

Oil trading remains in a rut with no sales reported yesterday. The market shows little movement as May futures are unchanged and Refired shows no change from the previous day. Daily runs average 77,609 and shipments 55,000 with Wilson & Co. quoting 6734 for cats.

Wilson & Co

Petroleum market notes with mixed prices and low volume

The report from Cleveland and New York shows oil trading dull and narrow with small volume. Prices varied for gasoline and naphtha while Pennsylvania oil quotes moved within a narrow range. total sales reach about 6 000 barrels.

Cleveland New York Pennsylvania

Market Tone Narrow as Electric and Gas Stocks Lead

Local stocks traded in a narrow range with 316 shares changing hands. Westinghouse Electric and Philadelphia Gas led activity alongside Second Avenue Electric, People's Natural Gas, and Switch and Signal though no strong moves occurred. New York totals showed modest gains and several notable issues with varied results.

Electric Westinghouse Electric Second Avenue Electric Philadelphia Gas People's Natural Gas and Switch Signal Company of Electric IBN Boston Electric and Manufacturing Company Mr. Westinghouse New York Lead Trust Panhandie Second Avenue Lyarziig Wig Philadelphia

Money Market Improves Amid Liberal Discounting

Financial conditions mend with bank clearings rising while liquidity remains above call. Discounting and checking ran liberal yesterday with rates around 6 to 7 percent. money on call easy in New York at 8 to 9 percent. Last loan offered at 2 percent. prime mercantile paper at 7. sterling exchange steady at 4 for 0day bills and 4 3q for demand.

Sacha New York

Bank Clearings Across Major Cities Reported

Reported bank clearings for St Louis Philadelphia Baltimore and Cincinnati with totals balances and exchange rates. Figures include St Louis $3 073 708 clearings balances $55 915 New York exchange 10 cents discount war. Philadelphia $1 470 300 clearings Baltimore $1 772 143 clearings Cincinnati money at 6 percent exchange premium and total clearings $1 971.

St. Louis New York Philadelphia Baltimore Hank Clearings Cincinsati New Ee Exchange Sic

New York Stocks end mixed after gold shipments to Europe

The New York market stayed feverish with small changes as over 1.6 million dollars in gold was shipped from the Sub-Treasury to Europe. Bulls held the upper hand amid strong cereal crop outlooks, while London and West buyers supported a list led by St Paul Northern Pacific and Lackawanna. Sugar among the Industrials lagged, but final prices closed near the day’s best, with total sales at about 21.8 million.

New York Sub-Treasury Europe Goold Wabash Liere London St. Paul Northern Pacific Sugar Rock Island Lackawanna Ontario Wesern Brathead Oregon Atchison New York Stock Exchange Whitney & Sthpaenson Pittsburg New York Stock Fachange Fourth Avenue

Mining Stocks Quotation Roundup in New York

Mining quotations from New York on April 24 list prices for Allee 160, Aspen 400, Consolidated California and Virginia 120, Deadwood 10, Home Stake 185, Horn Silver 550, Mexican Ontario 3800, Standard 120, Union Consolidated 350, Yellow Jacket 273.

New York Allee Aspen Consolidated California Virelnia Deadwood Homestake Horn Mexican Ontario Standard Union Consolidated Yelow Jacket

Condition of Markets at East Liberty Stock Yards

Office dispatch from Pittsylvania today reports cattle receipts at 1 04 head with 45 shipments. market slow and shade off since week start. Last night 14 cars cattle shipped to New York. no shipments today. Hog receipts 3 100 head with 2 600 shipped. market slow with best Yorkers and mixed. Seven cars hogs shipped to New York today. Sheep receipts 200 head with no change in prices.

PittTsnvra DisPutch FrRepay New York Beeves Hug—Rerceiptr Chicago Texas

Cattle and hog markets see mixed receipts across cities

Omaha and New York report varied cattle runs with light to heavy weights and firm to lower prices. Chicago and Buffalo show slower trade with some gains in hogs and sheep, while Kansas City and Indianapolis list steady to higher values for steers and mixed grades for hogs.

Omaha Cincinnati Eloga Tod Gust Louis Pend Do Kansas City Indianapolis

Wool market steady as receipts rise in Philadelphia and New York

Philadelphia reports dull wool trading with prices largely unchanged while New York sees quiet steady activity. Receipts reach 22500 pounds in Lotis with limited selection and demand focused on lower grades. unwashed bright medium and course brands offered at 17 to 18 pence, fine light 17 to 18, and washed varieties priced per quality.

Philadelphia New York

Coffee Markets Report From New York April 24

Coffee options opened steady and closed firm with a ten point gain on sales. Trade notes 27 200 bags with May at 17.50 Gil and June 17.40, July 17.30. Spot Rio quiet with fair cargoes around 10 34 cents per pound.

New York Saunas Septeber Rio

Price of Bar Silver in London and New York

New York reports bar silver in London at 9.644 cents per ounce. Gold value of silver to the standard dollar is 9.0746. Price figures come from bullion dealers with New York selling reference.

New York London

Drygoods Market in New York Shows Little Change

The New York drygoods market opened with fair business from leading houses while overall activity remained steady with no major shifts in prices or demand.

New Youk

Turpentine Markets Report Quiet in New York

Rosin remains quiet and steady as market closes in New York on April 2 with turpentine steady at 40.

Sugar Scarcity Eases as Markets Show Wide Range in Prices

Domestic markets report heavy cereal trading and stable prices with sugar supply improving soon. Eggs and butter remain firm amid high creamery butter demand. New York and Ohio cheese markets steady. Poultry supplies rise while vegetables and fruit face quality concerns. coffee and sugar futures show mixed movements across regional trade, with refined sugar now widely available and roasting prices varied among roasters.

Grain Exchange Sales Show Higher One Day Totals

Sales on call at the Grain Exchange report 383 cars received with several hay and oats lots. Kiln prices for timothy and packing hay appear steady to firm amid large receipts. Wheat and oats show limited changes with wheat holding recent gains and hay pricing firm despite ample supplies.

Grain Exchange Timothy Hay Piteborr, Ft. Wayne and Chicago Railway Pittsburg Cincinnati St. Louis Eay

Flour and meat prices from a 19th century market listing

A dense sale list shows flour varieties priced per barrel and sack, with values for winter and spring flour, and assorted domestic meats and lard. It includes sugar cured hams and bacon, beef cuts, and lard in multiple container types, reflecting a general commodity market snapshot.

California Haecon

Market turndown in wheat and mixed grains on unsettled cables

Chicago Wheat market showed sharp fluctuations with a July option slipping toward 1.10s and later recovering amid fears of export bans and rose Berlin signals. Corn and oats followed suit with rapid price swings while pork and lard in the meat markets fluctuated, closing broadly lower in late trading.

Chicago Ankland Mar Berlin Roumania John M. Oakley & Co Sixth Street Chicago Board of Trade

Market Report Shows Downward Tendencies In Veg and Dairy

Backward spring delayed arrivals slow to boost prices as Florida and Carolinas send cabbage and berries in poor condition. Butter scarce while creamery prices hold, eggs rise two cents per dozen but may hit bottom. poultry softer and spring chickens costly. Brook trout first of season sold scarce, florists see demand at reduced rates. detailed local prices for meats, vegetables, fruits, and fish listed.

Commission Florida Carolinas Dumond Arket Bermuda Tomas Tors N. Y France Duchess of Albany Valley Cameliaa Lée

WICKETS UP AND RIVER ACCESS LAGS AT CAVE ISLAND DAM

River workers complain the Cave Island dam wickets are not raised hindering coal movements to landings. With water too low, tow crews fear insufficient coal shipments. notes mention Congo as Cincinnati packet today and M F Allen trip to Parkersburg.

Toe Congo Cincinnati M. F. Allen Parkersburg William M Gorpos James A. Henderson & Co New Orleans Keystone State Allegheny Parks Cave Island

Also Mentioned on This Page

Iron Trade Review TNE Pittshdrg DistatTcn Shenango Mahoning Hemand Forngees Sey Basi Tys Ingeus Lotwres Rey Petre Teareanier Citiren Tite Larnen Lothar Gray Neliiere Jersey PAL Weeses Wravsseiaesisesers Bosb Cnall OU Tyre Newetmad Due Nettiral Tome Newtrad Eries Fee Attes Erie Amiericin Alabama Ftrcial RTO Buffalo Olan Metal Marketa Fidelity Title and Trust Company Reed Coyle & Co Crafton Sixth Street Bridge Secretary of War Panhandle Citizens’ Traction Lane Traction General W. W. Ramsey Second National Bank Union Henry M. Long Airbrake Li. W Marstin Pittsburg Traction Rea Bros George G. Hill & Co Monongahela Water Company Manufacturers’ Bank, Southsine Wheehog Gas Company Wheeliog Blaine Land Improvement Company Henri Schoempf Broad Street Nineteenth Ward F. Kenlsamen Penn Avenue Fourth Ward A. Legeste & Son Clifton Kalbuck Township J. E. Glass Thomas Chambers A. C. Watkins Riverview Twenty-third Ward Bigelow and Bristol Streets Reed , Coyle & Co Bnoxville Knox Avenue Jack & Baird Theodore Stier John A. Roll Linden Station Maltmore and Ohio Railroad Oo Street Baltensperger & Williams Beliztoover Borough George Knipschild Mazan &Ioft, Lim Gorist Eisenberg Alot Elwinmlan, Pittsuurg and Castle Shannon G. A. Saint West End Linbart Street Sixth Ward James W. Drape & Co Linton Avenue East End Webster Street Alleheny North Avenue Middle Street Allegheny County McKeesport Home Securities Loninsville Nashville Missouri Pacific North American Heading Richmond West Point St Paul Union Pacific Wheeling Lake Erie Do Preferred National Losur N. Ger Witla iSk Wheeling G. Co Tee Sane Fisher Oil Co Pittsburs Trac LaNoria Mig Co Ones Luster Mining Wstad Siiverton M. Go Monon. W. Weat'house K U.S. S.ga U.C Money Market Louisiane Missouria Pael Consols Chi & K Den K. G L.G West Bets Eriesda Union Pacifie We West Ano Ng Featur Lowing Ag Uotion Linrer Canada Southern Central of New Jersey Cedia Pacing Northwestern Col. & Hocking Nba Msc Aeceee LD den Itio Grande MPM Uiloms Central Lote Krie & W Ke Ease Lake Snore Lake snore @ M Louisville & Nagh Mircizan Central Kaopie & Ubio New Lore Central Coe N. Soererae Norrie Norfolk & Western Dean Mississippa Evans Tg Polindel Reading Vuliman Ins Shehwond We. K.pr Maul St. Paul & Duloth of Alvin Mee Asee Ph Union Gils Western Union Wheelie & i. Ie Wheeling & L. i Boston & Albany Top L.G Franklin Scessees TS Mpom Seeenee Hostan & Slaine Rearsarge Sj E, Waaan Fleeoln Fitchburg Seepere Neue IO Flint & Pere M Santa Fe Am Flint & Mere M. Pre Eenenee Mass Central Moston Land Co San Diego Land Co West End Land Co N.Y A&n Eng Bell Telephone Uslony . le Lamson Tore Hitney & Enson York Ake Penneylvania Haliroad Stevens Boffalo Anata Ee Sly Lenich Wailer Lohieh Phitladelphia East Liberty Telegraph Wool Markets Turpentine Markets Canada Ohio Elgin Wisconsin Cape Cod Ohvo Ioc Reese Umorby Java Maracaibo Santos Caracas la Guayra Tex Ohio Globe Elaine Eleine Carolina Louisiana Valencia Ondara Thyise Turkey Salonica Hialmonds Law Sicily Brazil Higgins Eureka Fi. Co Holland Herring Jnc Herring Prairie Bay F.o Alana Jess Hie Tidge Joly Tegan Bay City Lord Jane Anotter Western Dairy Yraterday Hge Carent Ber Penneylvavia Nista Milwaukee Aed Cy Sertember Sasese Weesee Minneapolis Vance Toledo Carter Wilmington Airdress P Cromwell Henson Promae Swayne Swadne & Sun Jos Fleming & Son Market Great Pittabore Beckers People's Savings Bank Ees Avenue Capital Lloe Ward — Duff Ren Cates Anges Bankers and Brokers Pitubarg
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