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Pittsburgh Dispatch in Pittsburgh, Pennsylvania

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This newspaper page contains 24 articles. Subscribers can read the full text of each article.

Newspaper

Pittsburgh Dispatch

Location

Pittsburgh, Pennsylvania, United States of America

Date

Aug 07, 1891

Page

7

Iron and steel markets show weakness and mixed signals

New York August reports ease in mill iron with some Southern brands offered for free, Birmingham furnaces strained for ore and coke. The Thomas Iron Company profits shine in six months, while rail freight delays press buyers. Traders note firm bids for No 1 and No 2 Southern iron, but overall weak demand and cautious stocking.

ST Rcial Dispatch New York Jim Ape Birmingham Thomas Iron Company BG. Clark Con- Furpers Southern Iron Fis Southern Trans Fi Sa Piereleisen Ferro Tejas Trafic Tidewater Lackawanna Sparrow's Point Steelton Works Everal Newport News Yard Union Roach

Speculation Dull in Foreign Metal Markets Reported

Telegram from New York notes subdued speculation in iron and copper markets. Prices hold firm in Scotch warrant and hematite. Cleveland shipments around 34,000 tons with 14,000 more iron in store. Tin quiet with slow demand. copper rises on short-covering amid weak spot stock. furnace material and Chile charter figures cited.

Yoas Lemadon Cleveland St Steck Connal Henry Toe Tenetton Montana P. T Aix Topalis Ace Chile America

The Coke Market Shows Slight Uptick in Regional Shipments

Regional coke shipments rose modestly over the past week despite some companies’ weak mood. Total daily shipments averaged about 3,493 cars to points west of Pittsburgh and 2,350 to Pittsburgh and river areas, with 823 cars to the eastern region. prices listed for furnace coke at 19, foundry coke at 23, and crushed coke at 2.

Pittsburg Pittsburrt

Wheat Opens Irregular as Market Shows Narrow Range

A fairly active day in Chicago wheat opens irregular and declines from yesterday's close, with reports from London Paris noting weak foreign markets and little chance for price gains. Europe seen as overbought and consumption rising. Indian crop report cites improved rains reducing famine risk.

London Paris Europe

Grain and Provisions Markets Reported Across Cities

Wheat firm in Cincinnati and Duluth with steady oats and strong demand, corn mixed and rye dull. Pork and lard mixed, butter and cheese steady, bacon level. several notes on receipts and on track prices. Toledo and New Orleans show quieter corn, active oats, and steady cloversed prices.

Entena Cincinnati Oates Barney Duluth Bae Rge Ste Bard Tzige Toledo Peoria Marc. Oates

Live Stock Market Update From August 6

Cattle receipts 461 head with 41 head shipped, market good on good cattle but slow on medium. No cattle shipped to New York. Hogs receipts 1 700 head with 1 600 shipped, market firm. Three cars of hogs shipped to New York today. Total hogs 1 900 head, market steady at unchanged prices.

Minneapolis Westernny Bic Sige Sijge Provssors Disraton Turespar New York Orkers

Cattle and hog market reports across multiple cities show dull to lower prices

Across Chicago and other markets, cattle receipts reach thousands with shipments thinner and prices mixed. Hogs and sheep also show softer tones with steady to lower bids. New York and Cincinnati report firm beef and variable stock values, while Kansas City and St. Louis note dull to steady demand and price shifts.

St. Louis Kansas City

Coffee futures hold steady after mixed trading in New York

Aug 6 report shows mixed options with 22,000 bags traded and varied price levels, including 16.60 to 16.65 cents, 15.75 cents for certain contracts, and notable activity in November and December. Spot Rio market described as quiet with unclear pricing.

New York Onohes Harch

Drygoods Market Sees Steady Demand on New Year

New Years Aug 1 reports show steady demand for dry foods with Epoint agents noting improved hands but trading limited to legitimate needs. Prices remained firm and unchanged amid cautious buying and no speculative activity.

Mass meeting of farmers and laborers planned at Beaver

The brief notes list a Beaver August 15 mass meeting for farmers and laborers, a Mantua New Jersey wreck injuring two trainmen, a 16 day Moqui Indian snake dance resuming on the reservation, plus scattered items on Bulgaria Krupp guns and other global news.

Beaver New Jersey Mantua N. J Sofia Bulgaria Krupp Charles P. Hammond Cleveland Street London Seattle Wash Ace Azores Prince George Greece Copeabanes Cearech Japan

Wilkinsburg debates site for female college and local projects

Wilkinsburg residents push to locate the Female College on the Singer property in the East End, expecting strong local patronage. Ground was broken in Hazelwood for a row of two story brick houses on Second Avenue, funded by Prof. Sloane of Princeton, with a $30,000 construction budget and future blocks planned.

Second Avenue Hazelwood Episcopal Church Prof. Sloane Princeton College N.J Twentythird Ward William Mars James T. Steen Sloane Wilkinsburg Singer East End Brnal Israel Grant Street Third Avenue Valencia Pine Township A. Z. Byers & Co Ridgeview Land Company David Morrison California Avenue Michigan Avenuue Eleventh Ward Allegheny City Reed S. Coyle & Co P.J. O'Donoghue Monongahela Street Twenty-third Ward Ornee & Sc Sone Ces L. Gregg Jose Tum Enartiers Township Chartiers Avenue Frederick Street Grege Magaw Charles Young First Avenue Oak Station Pittsburg Castle Shannon J. Ley Eighteenth Ward M. J. McMorris Fifth Avenue Brady Street Fourteenth Ward Catharine Mee Forbes Street Honzebeer Sixth Ward William M. Sloane Citizens’ Traction Company Carson Twenty-ninth Ward Cost Birmingham Iron Company Smithfield Street Second Ward Sam H. Summers Antietam Street John F. Neeson Butler Street M. Becker Malin Street Thirty-sixth Ward John Merbach Reed Street Seventh Ward Ts. Mazon Ri Street Thirteenth Ward Frank Malashewski Brereton Street Thirteenth Ware Charles Broski Penn Avenue Twelfth Ward

Apathy Rules Local Stock Boards Amid Light Trading

Yesterday brought little movement in local stocks with scant orders and general price declines. Active trades were mainly in Philadelphia Gas, Birmingham Traction, and Luster, while Central Traction and Pleasant Valley showed minor gains or steadiness.

Philadelphia Gas Birmingham Traction Luster Philadelphia Central Traction Pleasant Valley

Money Moving West Signals Strong Treasury Shipments

Treasury Department shipped a large amount of currency to Western points amid strong bank activity. City banks reported good volume with higher discounting and depositing, steady 6.7 percent interest, and ample money supply. Bond quotations and exchange rates were noted as the cash movement continued into year end.

New York iTisc Sterling Exchange

Bank Clearings and Exchange Rates Across Cities

A data brief shows New York clearings at 90 433 995 with balances 4 054 554 and Philadelphia clearings 6 673 902 with balances 114 508. Baltimore and St Louis report lower clearings and discount exchange signs. Chicago and New York exchange lines indicate discounts and money at around 6 to 8 percent, with sterling and Guay bills steady.

New York Bostox Philadelphia Baltimone St. Louis Chicaco

Dull Market With Spots Of Activity In Stocks

New York stock day features heavy Union Pacific selling tied to European speculation. Prices remained weak at times but closed strong as shorts covered and rumors of Union Pacific debt arrangements circulated. Industrials and major rails fluctuated with a late rebound lifting most active issues above opening levels.

Gerrent United States Minneapolis Tribune Minnesota Dakotas New York St. Louis Seaboard Baltimore Philadelphia Farnum Logan Uiry Cincinnati Cyress Soige Sfige Siige Ségo Ream John M.omkley & Co Sixth Street Chicago Board of Trade Union Pacific London Union Pacific Company Burlington and St. Paul Burlington Rock Island Shorts Bears Burin Sant Ewe Chicago Gas Hoad Atchison 4 Oregon the Post Bear Meer d

Union Pacing Causes Heavy Sell Off in New York Stocks

The day saw a surge of selling in long stock captured through orders, drawing street attention to these transactions. The Union troop following table lists prices of active stocks on the New York Stock Exchange yesterday, corrected daily for dis?ea. Stephenson, oldest Pittsburgh member, New York Stock Exchange, 67 Fourth Avenue.

Atte m Union Coop New York Stephenson Pittsburg New York Stock Exchange Fourth Avenue New Jersey Chicago Gas Trust Mil. C Enal Hudson I Rio Grant Rio Grande Lake Erie & Western Lake Louisville Nashville Mobile Whee Él -C Norfolk Eeeaen Iorfolk Arena Lnwegen Northern Pacific Ohio Siseissi Cocsen Gm & Evans Picea Nea Richmond & Pullman Palace Er Richm St. Paul & Duluth St. Paul Temats Wheeling & Wheeling al Boston Was Calumet & Heela Prandiniss Chi Qui Fitehbu West End Old Colony Bell Telephone Jateon Rutland Mininci New Jew Boston Mont Philadelphia

Mining Stock Quotations and Electric Stocks Report

Mining stock quotations list several named companies with prices and gains in a New York column. An electric stocks section from Boston outlines the Thomson-Houston and Detroit Electric Co. offerings and related quotes.

Boston Eastern Electric Cale Ie Fa Thomson-Houston Electric Thomson-Houston Electric Co 2 & Elec Co Ft. Wayne Detroit Electric Co

Prices at Market Rally as Supplies Exceed Demand

Farm and garden products arrive in quantities markets cannot absorb. Fruits and vegetables plentiful, buyers hold sway. tomatoes, cabbage, and potatoes front-loaded at 35 to 40 cents per bushel. Dairy goods steady with firmer tones, eggs slow, and melons abundant though price supports hold.

Tuerspar Fe—Bowehel Sree Elgin Uhlo Brenda Berswax

Grocery Purveyor Lists Canned Goods and Prices

A fragment lists various canned foods and staples with prices including prunes, almonds, corn starch, peaches, sardines, mackerel, beans, peas, and oatmeal. The itemized catalog mentions brands, weights, and pack sizes, reflecting a general grocery stock and pricing list.

Earl Aariitien Holland Herring Alkoff Erring

Grain Exchange Sales Report Shows Mixed Carload Totals

The Grain Exchange notes 24 car receipts with 15 by Pittsburg Cincinnati and St. Louis Railway. Wheat hay straw oats bran feed flour listed. oat crop quality improving while old stock declines. Prices for corn hay and millfeed steady, patent spring flour firm, winter flour quiet, various No 1 to No 3 grades shown with regional bids.

Timothy New York Steniir Chicago Milwaukee Ogiyee Sige Iige Western Steam Riag de Creamery Iftge Elgin Coen Skima St, Louis Aublower Gsznin Ensb Pac Sic Rte Lie Philadelphia Giese Hippe Pennsylvania Baltimore Sychet Qonts Wie Grain Exchange Pittsburg Ft. Wayne Chicago Railway Cincinnati St. Louis Baltimore and Ohio Pittsburg and Western Lola

Whisky Markets and Sales Figures Highlight Trade

Whisky markets show 7 siggy camadeana firm and wines at $1 17 while spirits reach $1 io. Cincinnati whisky leads sales with 670 barrel lots of finished goods valued on a $1 19 basis.

Cincinnati

Factory statistics summarizing Watchorn report

Secretary Watchorn released a year long summary covering December 1, 1980 to August 1, 1901. It lists 1435 outside inspections, 223200 total employees, 607 orders issued including 19 fire escapes, 68 accidents reported, and 516 miscellaneous items noted.

Watchorn Hargreancac

Off the Active List and Died From the Shock

Orders from the Adjutant General place Colonel Sylvester Bonnafon Jr and Lt Col James C Fox on retired lists. Captains Harry C Hastings and George B Roth also retired. several lieutenants honorably discharged. Mrs J D Smith, shocked by news of a son-in-law’s murder suicide, died soon after. Also an ad for ladies patent leather Oxford ties at Simon’s in Allegheny.

Hanrwesvrs Adjutant General Sylvester Bonnafon, Jr James Charles Fox Harry C. Hastings George B. Roth Samuel G. Crouse George B. Stillman Simon’s 7Th Ohio Street Allegheny

Sugar market steadies as price expectations shift downward

The expected drop in sugar failed to materialize with salt whites up 1 16e per pound at refineries and no imminent reduction. The Trust appears able to defend current prices, with future changes more likely upward. Coffees hold steady while canned fruits weaken amid varied labeled Standard brands and price points.

Pepenny Maracall Santos Peaherry

Also Mentioned on This Page

Coke Market East Liberty Telegraph S& SM Omaha R. L. Trumbull Los Angeles England House of Commons Belfast Parnell Budnc Messrs On Amsterdam M. Tienhoven Interior M. Tak Commerce M. Smidt Justice M. Cremer M. Pierson St.Petersburg M. de Giers Notre Dame the Lumber Outlook Treasury Department Treasury Stewart Federal Lane Hill Ohio Oil Fields Central Traffic Association Burrell Improvement Company Kensington Vermillion Ranges Minnesota Iron Company Charles Sims Charleroi Wall Street Presbyterian Church DePuy Lees Ansirect Sea Trust Birmingham Traction St West Ieee Sar Atchison Isville and Nashville Missouri Pacific Home Securities Tractions New Electric Forrhern Fac Consols Eee Louisiana Tampedis Iron M. Tenn St. TL. É San’ Francio Do Gen. M St. Paul Consols Faal Chi. & Parc Ti Tex le L. G Ceeeenesceenney Ge RE Taie &T Gen Union Pac Fo &S Rio G. Western Od C. Int Ane Acalia Treavoca Eureka Consolidated Hale E Soncross Horn Iron Occidental Savage Sierra Nevada Standard Union Consolidated Yellow Jacket Veer New York Age California San Rane Taide H. Saes Factory Statistics National Guard Sivenasee, Kax J. D. Smith Samuel Freeman M. B. Wharton First Baptist Church Montgomery Ala Swift Swift Specific CO Atlanta Beokers—Financial Warner & Stephenson Treassane ecbHde Eedward FE Duff. Asst Manchester Fidelity Title & Trust CO Uwr John M. Oakley & Co., Bankers and Brokers Sixth ST Whittier Tinary Kidmney Gray Gray Medicine CO Buffalo N.Y Holland, Cor Smithfeld Liberty Sts Jess-il Hook al Penal All AL CO Buffalo Jos. Fleming Jas. M Jas. McCutcheon Union Ice Mfg Samuel Bailey, Jr Union Storage Company Second Liberty Avenues Jyt Lsuwe
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