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Newspaper
Pittsburgh Dispatch
Location
Pittsburgh, Pennsylvania, United States of America
Date
Dec 23, 1891
Page
3
Uniform testimony of produce merchants notes unsatisfactory trade as garden and farm yields rise. Potatoes and coffee prices fall while wholesale leather exports surge. consumer costs drop, but producers and merchants face reduced profits amid abundant supply and slow demand.
Chicago trading showed dullness and weakness across all pits as holiday closings approach. Wheat led declines with May opening at .nearest futures steady then slipping. corn receipts above estimates and hogs weak with packers offering freely.
New Year trading shows coffee options opening steady with gains and losses across tenors. December sales total 27 500 baga with prices listed for violina and other months, while spot activity remains quiet and steady as Rio cargoes show steady quotes around 17 18 cents.
The Drygoods Market in New York reports business about the same as yesterday with distributed trimmed goods under revised prices. General demand covers a wide variety in moderate quantities with a somewhat firmer tone and print cloths showing an upward outlook.
Rich new Onyx pieces from 815 upward introduced by Seeret Hardy and Hares Art Rooms at 529 Smithfield Street Jewelers. Open every evening, three doors from City Hall for viewings of noble specimens.
An advertisement touts deluxe plush embroidered men slippers priced at 160 now 150 at Simons 78 Ohio Street Allegheny Pa and notes E Maginn offers Christmas candy from 913 915 rs street 80 Federal Street Allegheny with evening hours.
B. and B. promote a wide selection of French challis for Christmas with 150 styles. Customers are urged to order early from The Wo. H. Howes Company at 158 First Avenue and 120 Water Street. Great reductions on cloaks and plush jackets at Rosenbaum.
The Greenfield Avenue branch of the Second Avenue Passenger Railway is nearly complete with about fifty workers on site. It will be wired and ready for operation early next year, boosting local property values and signaling more enterprise in the area.
Stock activity ahead of a Christmas holiday showing little change. Philadelphia Gas and Luster lead the procession while Allegheny Valley Railroad slips to 10 cents. Prices moved modestly with few notable fluctuations and several small lots traded at varied calls.
New York stocks extended gains as the market strengthened with bullish tone. Goulds led the advance alongside Grangers and Richmond West Point showing prominence while overall volume and gains reflected renewed inside buying and strong demand for railroad and cotton oil issues.
Christmas goods in great variety from Mel's shop and Horse and Co. promotional copy lists smoking jackets, albums, fancy goods, toilet sets and Peon Avenue stores. Davis & Co. at 96 Fifth end of ad.
Electric stock quotations show bids and asks for Thomson-Houston, Westinghouse, Detroit Electrical Works and related issues. The notice lists prices and asks, reflecting a December 92 market snapshot from Bostor.
New Year Der Alice 2%2 Best and Belcher Consolidated California and Virginia 88 Deatwood 185 Horn Silver 40 Homestake 10 75 Iron Silver 150 Mexico Ontario 42 Ophir 200 Plymouth 130 Sierra Nevada 10 Standard 120 Iron Consolidated 130 Yellow Jacket
Bar silver in London at 490 per ounce and New York dealers price 04 44 295c per ounce.
Receipts and shipments for cattle hogs and sugar stock at East Liberty and other yards show 72 cattle receipts 160 head shipments 110 head market fairly active after yesterday's advance no cattle to New York. hog receipts 1450 head shipments 1400 head market fair with Philadelphia 395 40 and Yorkers mixed at 450 390 common to fair Yorkers 7 three cars hogs going to New York today. Sugar receipts 1000 head shipments 600 head market strong at yesterday's prices.
Telegraph summary of cattle calves sheep hogs receipts and prices for New York Beeves Chicago Why Buffalo Omaha Kansas City St Louis Cincinnati and Cincinnati markets. Includes shipments and price ranges for beef veal lamb sheep hogs and cattle by region with variances by grade and weight.
Reports from New York Boston and other centers indicate steady to firm demand for wools with prices largely unchanged. Receipts reach 300 pounds with shipments totaling 5 400 pounds while overall market remains quiet and prices hold, pulled wools in steady demand and carpet wools softer in some regions.
Market notes from New York December 22 report pig iron in moderate demand and unchanged prices. Copper dull with a lake value around 1023 dollars per ton and lead nominal at domestic levels. Tin quiet and steady at about 1085 dollars per ton.
New York rosin steady while torpentine shows firm, varying bids across cities. Savannah and Chareston report turpentine firm with rosins generally steady and good strained varieties at notable prices.
The markets show a calm session amid a noted drop in roasted coffee prices. Official data from the Office of Prrrasere Distates indicates a December 22 reading reflecting softer cost levels for coffee futures and related commodities.
A lengthy and scattered catalog of food items and supplies appears with prices for coffee sugar spices canned goods and dried fruit. It lists brands quantities and unit prices alongside various nonfood items like candles and starch.
Bee 7 and Downs Chemists run a shop on South Avenue reported in an OCR fragment. The notice mentions Scott’s in connection with the location and names involved.
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