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Newspaper
Pittsburgh Dispatch
Location
Pittsburgh, Pennsylvania, United States of America
Date
Aug 17, 1889
Page
3
Retail dealers report quiet trade in fruit vegetables and fish with abundant peaches from Delaware and Jersey sweet potatoes. Butter eggs and dairy show slight price gains while florists note slow trade but expect a busy fall season. Buffalo convention plans include Pittsburg florists.
In Lorpon and London markets the Scotch Pig and Bessemer sectors show active trading and firmer prices. No. 1 Coltness Langioan lines, pig iron and metal prices rise. Wrought iron and scrap steady with strong demand. Piston Bills and Ends steadiness noted amid overall trade firmness.
Metal markets in New York display mixed moves with copper firm and lead ticking up while tin and zinc show uneven activity. Prices for Bos futures hover around 41 to 64 and zinc remains steady as demand supports a cautious session amid volatility.
Fragmentary OCR notes describe chickens and a fireman’s premises with unusual phrasing. The readable portion indicates a misread sentence about growth or decline and a returning path, but details are too broken to identify people places or events.
The Chicago wheat market showed broad activity with heavy local trading and a late-session upturn after early weakness from downtrending prices. Prices firmed from the daily low, aided by improving Western weather and better grading, while Som September and December contracts drew buying interest. overall oats and corn mixed, with lard and pork markets showing firmness later in the day.
Market reports indicate a quiet New York wool sale with generally steady prices. Boston notes a moderate trade across all qualities while Michigan fleece sales confuse and vary. Prices for fine combing wools drift low with some very fine lots drawing the top bids. overall activity remains muted.
The County Commissioners plan to assume control of the county buildings from Norcross Bros next month. The contractor reports the building in near perfect condition with minimal wear and only minor tile and floor discoloration since dedication a year ago.
Negotiations to build 500 brick three to eight room apartments rise near the Fifth Avenue market house. Promoters plan wide streets, small parks, and modern conveniences to create a premier residence district. separate note: Pennsylvania Railroad expands Altoona works with locomotives and a new foundry, while mortgage activity remains steady with a $150,000 note.
Forenoon business was quiet with no major changes in quotes. In the afternoon Electric stock traded 12 shares at 52 while West Virginia natural gas held at 77 bid and 8 asked amid scaling interest linked to rumored new tory prospects.
Business leaders anticipate a stronger fall start as demand for credit rises and rates ease. A banker noted improved activity and clearer financial conditions, with daily lending up and clearings totaling $101,257.49 as balances cited.
The market started quiet until about 1 pm then turned lively with high volatility. An offer to buy a 2 000 barrel oil lot spurred a rapid, two hour fluctuation before a break from selling in Oil City and a swift recovery. The day closed near the day’s high as trading eased.
Numerous 19th century property deals are recorded including sales of lots and houses in Wilkinsburg, Park Place, and East End, with prices ranging from 400 to 3 000 dollars. Executors, brokers, and lenders such as James W. Drape & Co and Samuel W. Black & Co arranged mortgages and property transfers on Penn Avenue and local streets.
Andrew Caster, a hustler on the Block Exchange, is recuperating at Chautauqua. William Roosseberg, cashier of the Bank of Pittsburg, is on deck again after a brief wait. A sale of the Bocler property in the East End was reported yesterday. Railroads earnings this week show slight decreases. The Central District crews proceed with work on parameter surveys. Dickson farm in Pine township will host drilling soon. Chambers' Journal estimates $650,000,000 and 850 tons of silver in total assets.
The New York stock market showed slight activity with gains limited to small amounts. Early gains in Atchison and then a broad lift across the list followed by renewed dullness, as traders eyed Cleveland Columbus Cincinnati and St Louis and Wabash as leaders.
The page itemizes stock quotations from Philadelphia traders with notes on Boston and New York listings. It mentions mining stocks, Boston and central lines, and specific figures such as 100% and $10 values for certain consolidated issues. The fragment cites August 14 with various company names and price points.
Cattle receipts 1,400 head with shipments totaling 1,000 head. market firm with no cattle sent to New York. Hogs receipts 2,800 head. 2,100 shipped to New York, slight variation from yesterday’s prices.
Telegraph market report shows export carloads 154 alive and dead, 6 for market, 52 for home trade slaughterers. Prices ranged common to prime native steers 360 to 470 per 100 pounds, Texas and Colorado 40 to 880, bulls and dry goods 150 to 300. Overall numbers include 6,222 head with varied shipments and receipts across multiple markets, with cattle, steers, cows, and stockers listed and prices noted.
Yesterday Secretary Follansbee of the Chamber of Commerce received a circular inviting the Sioux City Corn Palace third annual festival opening September 23. Plans promise a grander palace with a 240 foot svontene, 120 foot depth, three stories, and a 200 foot tower. William Bertz, Chamber president, received a letter from John Berma Tagen Jr., president of the Mahoning and Shenango Valleys Fair Association, inviting the Chamber to attend events from September to September 6.
John A. Martin filed four suits in Common Pleas Court No 1 against James W Houston J P Young E P Hesser and M W Wishart to recover 500 each as security on bonds posted for Young Hesser and Wishart who faced a license charge. Houston as bondsman failed to appear and the bail was forfeited. Court asked to enter judgment on the forfeited bonds.
A meeting of the Sixty third Pennsylvania Volunteer Association will be held in the mayor s office this evening to complete arrangements for the Pennsylvania Day celebration at Gettysburg The surviving artillerymen of Knapp s Battery of the Union Veteran Legion will also receive forward transportation applications to the Gettysburg battlefield
The market report notes first Jersey sweet potatoes appearing soon with strong demand, scarce watermelons and higher prices, peaches and cantaloupes abundant but soft, celery in good stock, and California fruits displaced by nearby varieties. Bartlett pears and Pacific coast plums dominate the market. Concord grapes from Georgia arrive direct to Pittsburgh. Butter and eggs priced in Chicago and New York, with various dairy and grain commodities listed.
The report notes a slight price stabilization in groceries with sugar easing. Coffee remains flat, but futures suggest higher prices for green coffee. Various staple items including Rio coffees, dried fruits, evaporated goods, and canned seafood show mixed movements amid general steadying trends.
Grain Exchange reports total receipts including oats and wheat cars from Pittsburg Fort Wayne Chicago and Pittsburg Cincinnati St Louis. Hay scarce with oats weak while corn holds firm and flour market slow as millers resist lower prices.
Yesterday a marriage license was issued to Susan Smith and John Lerch. Two weeks earlier Lerch faced a hearing before Lebeak on a disorderly conduct charge. Evidence showed he cut her thigh and a magistrate fined him £26. the girl paid the money.
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