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Newspaper

Pittsburgh Dispatch

Location

Pittsburgh, Pennsylvania, United States of America

Date

Feb 07, 1891

Page

3

Iron Trade Review Still In The Buyers Favor

The week shows buyers hold sway as Southern furnaces face rapid strikes. Price boosts occur due to coke-region disruptions while mills run at full capacity, and steel rail demand rises. Edgar Thomson plans £20,000 rail improvements. daily steel rail output nears 18 tons with upgrades underway. Nails and structural iron remain soft with weak profits for traders.

Edgar Thomson Edgar Thomson Company Braddock Works Heer Tees Rentral Mitl Fomndts Resseuier Wsetesee Charcoal Tron Xa Chareesi Foundry Iron Steed Deleoms Steel Stee Rake New Bar Iker

Iron trade outlook brightens amid steady mill activity

At the start of February the iron trade shows cautious optimism with pig iron near its lowest level due to reduced production and a generally weak finish. Philadelphia firms Baldwin Locomotive, Williams Sellers, and others run full crews, while shipbuilding and bridge work remain dull but show potential for revival. Prices for various iron products remain irregular though some demand appears improving.

Philadelphia Baldwin Locomotive Ware Williams Sellers & Co Southwark Foundry Machine Company Bement, Niles & Co Gordon, Strobel & Laurens George W. Creason Neal X Lsec Seel Tees

Southern iron market eyes steady demand after strike

Birmingham February reports show furnaces restarting after the miners’ strike with iron selling at current prices and solid demand. Ohio and Pennsylvania furnaces resume output, as Eastern orders rise slightly and Southern furnaces test Tolmen territory for bigger contracts while Marvy Lee and a rival firm plan ten new coke ovens and two 100 ton furnaces.

Birmingham Ala Bayers Pennsylvania Ohio Tolmen Marvy Lee Lwat Company

A GOOD SEASON AHEAD FOR CHICAGO IRON MARKETS

Structural iron men predict prosperity in Chicago and surrounding markets as prices stay low and consumption remains healthy. Builders eye spring resumption, with railway material production expected to rise mainly in repairs and rolling stock. Demand remains strong from large users, while new construction stays limited for the near term.

Chicago Cuteaceo Rogers, Brown & Merwin Tron Wen Aeed Staten Ronnie Licht

Market Quiet as Figures Fall and Speculation Dims

Figures are rolling exceedingly low and there is practically nothing in the situation to provoke speculation by consumers or market manipulators. The subdued activity suggests cautious sentiment and limited trading interest across the market.

Indications Point to Large February Business in St Louis

Special telegraph dispatch from St Louis reports Rogers Brown and Meacham noting no major deals last week but strong price inquiries and several small sales. They forecast expanded activity in February across coke, charcoal, iron, and related metals with quotes for various Southern and Missouri products and steady metal market trends in New York and copper and lead prices.

St. Louis Rogers, Brown & Meacham B. S Louis Southern Coke Southern Gray Forge Southern Charcoal Missouri Ohio

Sunday Market Prices Cheery Florists Hit Busy Week

Poultry scarce and pricier, New Bermuda potatoes and onions appear. Fish quiet with Lent approaching, flowers active, and prices easing. Retail lists show beef, veal, lamb, and garden produce with varied per pound and per bunch rates across staples and ocean products.

Elgin Creamery le Fi Bermuda Malaga

East Liberty Live Stock Market Report

East Liberty stock yard reports cattle receipts 861 head with 777 head shipped. Hogs receipts 3,700 head with 3,000 head shipped. market active with mixed lots and selections trading 3 90 to 4 00 for best, 3 75 to 3 90 for common and fair. Pigs 3 00 to 3 50. Sheep receipts 1,? head shipped 400. market firm at unchanged prices.

Pirrantae DsPatTee Fripar Conemeeeian Dcars Camue Shippea New York

Multiple City Livestock Prices and Receipts Mixed

Livestock market report shows cattle, hogs, and sheep receipts across Omaha New York Chicago St Louis Kansas City Indianapolis Buffalo with prices fluctuating. Cattle steady to lower, hogs generally lower, sheep mixed. notable figures include steer prices around 3.5 to 4.5, hogs near 3.0 to 4.0, and calves up to 3.00 per 100 pounds in places.

Business Gossip and Real Estate Moves Shift City Centers

The column reports on infrastructure changes linking Citizens' Insurance on Third avenue to Ferguson's proposed office block with a Fourth avenue entrance, boosting central business access. It notes streetcar and cable car impacts on East End trade, changes in property values along Smithfield Street, and a flurry of real estate deals, permits, and incorporations in Pittsburgh's market, including St Michaels Seminary property and various Penn avenue transactions.

Citizens’ Insurance Company E. M. Ferguson Third Avenue Fourth Avenue Citizens Pittsburg Smithfield Street East End Union Depot Fifth Avenue Crist D. B. Larkin & Co St Michael's Seminary Glenwood Second Avenue Shady Lane Manehord Street M. L. Mellon Orion Oil Company G Thompson Pottery Company East Liverpool Samuel W. Black & Co H. M. Black Black & Keffer Yor Penn Avenue Ninth Street Hughes & Guthrie Lumber Company Keystone Palot and Color Company, Limited Loudon Street Ward Pennsylvania Railroad Charles Somers & Co J. FP. Yanney F. L. Senour Homewood Avenue Thomas McCaffrey P. T. Howley James Ward Join K. Ewing & Co F. E. Taft Boyle Street Hemlock Third Ward Alleheny Black & Haird Frank E. Heath Peny Avenue Sixteenth Ward J. Fleming & Co Aspinwall Bo Freeport Avenue Janes W. Drape & Co Perrysville Road Webster Street Allegheny Magaw & Golf Lim Ada J. Haworth Oak Station Pittsburg and Castle Shannon Haworth A. Z. Byers & Co Mary Stanb John Herron

Auction sale of stocks ends with few bids

Auctioneer John D. Bailey offered to sell a list of stocks but weak attendance reduced bids. Only three lots sold: 60 shares Birmingham and Pittsburg Bridge Co at 73, 17 shares Standard Underground Cable Co at 55, 10 shares Fidelity Title and Just Co at 15. Withdrawn stocks include Third National Bank of Pittsburg two lots at 103, Allegheny National Bank no bid, Fourth National Bank at 124, Commercial National Bank at 10, Pittsburg Pirate Glass Co at 1, German Fire Insurance Co at 22, North American Construction Co at 45, Citizens Traction Co at 5.

John D. Bailey Birmingham and Pittsburg Bridge Company Standard Underground Cable Compeer Fidelity Tithe and Just Company Third National Bank of Pittsburg Allegheny National Bank Fourth National Bank Commercal National Bank Pittsburg Pirate Glass Company German Fire Insurance Company North American Construction Company Citizens’ Traction Company

Pittsboro firms and coal interests fail to bid at auction

Nonongahela Navigation Company and First National Bank of Allegheny are listed with no bid. Other bidders include Pittsboro Forge and Iron Company and Charters Block Coal Company, with no bids recorded for some consignors.

Pittsboro Forge and Iron Company and Charters Block, Coal Company Nonongahela Navigation Company First National Bank of Allegheny

Electric Maintains Lead in City Trading

Strong demand for Electric shares pushed the issue to 1071 2 high and closed near 16 with active Eastern interest. Philadelphia Gas and Luster rose, while Pleasant Valley held steady amid a broad list of listed stocks eclipsing 2,240 total sales across Electric, Philadelphia Gas, and Pleasant Valley.

Electric Philadelphia Electric Company Philadelphia Gas Pleasant Valley Luster Hiladelphia

Money Market Report Reflects Steady Local Finances

The day shows no notable changes in local monetary affairs with steady cash supply and fair loan demand. Bond yields and mercantile paper remain as reported, while money rates in Chicago, New York, and Philadelphia hold with modest activity across exchanges and bank clearings.

Sieney New York Prime Mercantile Sterling Exchange

Oil market steadies after 1000 barrel trade at 78 cents

The day's activity shows only one sale of 1000 barrels at 78 cents with the market holding firm on that level. Refined oil remained unchanged while town averages run 67,590 and shipments near 50.82 McGrew Wilson & Co at 00 Fourth Avenue quote 77 calls 74 60.

Craig McGrew, Wilson & Co Fourth Avenue

National Transit Certificates and Oil Market Notes

Market brief from Or near February reports National Transit Certificates with mixed openings and clearances up to 308,000 barrels. NY petroleum trades steady to firm, West bids push prices to day’s high then close strong. March and Lima oil commentary shows varied openings and no sales, with total sales totaling 110 000 barrels.

Crrr Tilac Bnapford Tze Tikco New Yorks Petroleum Pemerivanis O Apot Tékxec Tage Tige Nighest Tiger Lima Oil

New York Stocks Show Broadening Market Despite Slow Finish

The New York stock market edged toward broader strength as day traders bought across issues, helped by hopes of no silver legislation and delayed postal telegraph bills. Rail and utility shares led gains with notable moves in Union Pacific Western Union Missouri Pacific St Paul Lake Shore and Rio Grande Western while the market closed dull yet firm at day’s high.

Philadelphia Pleasant Valley Sar Joly Luster New York Atchison Delaware Lackawanna and Richmond West Point St. Paul Union Pacific Mo Union Wheeling L Erie Northwestern Cail Coal Gol Hocking Ang Ohio Hudson Kio Grande Mio Grande Llinos Lake Erie N.Y. C St. L Norfolk & Western Orfolk & Western Sese & Northern Pacific Packie Paul & Doin St. Paul & Dulota Mig Wheeling & I.e Tyry North American Lnasee Sone Ates Ml PC Western Union Missouri Pacific Lake Shore Rio Grande Flint Pere Marquette Manitoba Cedar Falls Minneapolis S. Loms Oregon

Mining Stock Quotations in New York Listing Prices

The report lists prices for mining shares including Adams Con solid, Aspen, Colorado Central, Consolidated California and Virginia, Homestake, Horn Silver, Iron Silver, Mexican, Mt. Diablo, Ophir, Plymouth, Sierra Nevada, and Yellow Jacket. Notable figures show Plymouth at 1M and Ophir at 350 with other names quoted in varying hundred ranges.

New York Alice Adams Consolidated Aspen Colorado Central Consolidated California Virginia Homestake Horn Iron Mexican Mt. Diablo Ontario Ophir Plymouth Sierra Nevada Yellow Jacket

A New Story by Robert Louis Stevenson Opens Tomorrow

A new story by Robert Louis Stevenson begins in tomorrow's Dispatch with the opening chapters teased to readers.

Robert Louis Stevenson

Wool Markets Drift With Mixed Demand Across Regions

New York firms report quiet domestic fleece and varied prices across states with ranges from 16 to 45 cents for pulled wools and washed combing. Oregon and California sales are modest while Australian and foreign carpet wools see larger activity. railroading in the Amazon is likened to building castles in the air in a consul’s Para letter.

New York Texas Philadelphia Ohio Pennayteasie West Virginia Michican Indiana Canada Montana Territorial Boston Oregon California Pennsylvania Michigan Amazonian Valley J. C. Kerber Para Tre

New York Coffee Futures Mixed With Steady Close

New York coffee futures showed a firm to unchanged tone at 15 points up with 16,000 bags traded. March delivery touched 16.60 to 16.65, with May around 16.10 to 16.15, June 15.85 to 15.00, July about 16.60 to 15.70, and December near 14.45 with spot listed at 15.0. Active and firmer market with fair cargoes and light demand noted.

New York OsiQhoe Eliic Gye Chicago Sige Old Mesa New Mesa Diggisle Glige Gats Ryve Barney Philadelphia Fania Creamery Egee Pennsylvania Baltimore Western Easy Milwaukee Cash May Northern

New York Drygoods Market Shows Steady Demand

In February spectators report little change in the drygoods market. Demand remains fair but very concrete in character and the tone of trading is well sustained.

New York

New York and London Markets Mentioned in Dispatch Letter

The dispatch notes bar silver in London at 464 5d per ounce and a New York selling price of $1013 to bullion dealers. It also references Robert Louis Stevenson’s second letter from the Pacific Isles about South Sea Customs, with details to appear in tomorrow’s issue.

Dispatch New York London Robert Louis Stevenson Pacific Isles

Murder Charge After Child's Death in Baker County

In December Tanner Robinson fought over his daughter with a brother in law and gained custody via a Court of Ordinary decision. The grandmother cared for the girl after the mother died. The child vanished and was later found in a pond near the Slapply place. Robinson admitted beating her to death. He fled as Sheriff Odom pursued. a coroner's jury found him the murderer.

Albany Tanner Robinson Baker County Fitll Court of Ordinary Robinson Odom

Death Ties to Bank Failure Shocks Litchfield Institution

Judge Young, receiver for Stevens & Co. of Litchfield, received a statement of assets and liabilities after the bank’s closure following the death by own action of a former official. Liabilities total 00,000 13 and assets 50,510 84, with expectation of further asset increases from real estate equities.

Minneapolis Judge Young Bank of Stevens &Co Litchfield Groa

Domestic Markets Show Light Trade Inches Forward

Light receipts and demand for cereals with firm prices mark a cautious market. Florida oranges remain abundant while apples and potatoes move slowly. dairy cheese softens only slightly, and poultry remains scarce yet firm.

Groceries and prices hold steady as sugar remains uncertain

Market note shows active movement at old prices with no new features. Sugar is uncertain and demand soft ahead of an April free-list change. green coffee varieties and spices list varied prices while canned goods, molasses, oils, and dried fruits also show mixed levels.

Rio Java Maracaibo Mocha Santos Caracas la Guayra Jay Bull Ida Carolina Louisiana London Muscatels California Valencia Turkey Salonica Sicily Figaro Serbia Lucklehaecian Lée Lucans Higgins’ Eureka Hid. Co Pines George's End Georg

Grain Exchange reports mixed carload sales and easing demand

A single sale on call at the Grain Exchange lists carload shipments of corn and oats with receipts and rail connections from Pittsburg Fort Wayne Chicago Baltimore and Ohio and Pittsburg Lake Erie lines. Prices show gradual upward tendency in corn despite light transactions while street improvements pause trade and draft horses reduce grain consumption.

Grain Exchange Pittsburg Ft. Wayne and Chicago Baltimore and Ohio Lake Erie Supreme Court of Pennsylvania Ivania Ohio

Grain prices and feed components listed in rough OCR note

An OCR snippet lists items such as middlings, wheat bran, timothy hay, and various feed components with prices like 400, 21, and 9.50. It references No 2 white middlings and brown middlings, winter wheat bran, and wagon loose weights, appearing as a rough historical commodity record.

EU Bra Gasee Bay Ing

Provisions list of assorted cured hams and pork products

A fragmented inventory lists sugar cured hams in large medium and small sizes, bacon, shoulders and boneless cuts, dried beef flats and rounds, pork products in various containers, lard and tins, smoked sausages and fresh pork links. Prices appear as rough figures and many items are misspelled or garbled.

California

Wheat market drifts lower after mixed Northwest receipts

Chicago opening shows mild weather and heavy Northwest receipts weighing on wheat. May futures slip from 99 1/2 to 99 3/4 cents, with further declines amid weaker demand and larger Saturday arrivals. Oats, corn, and pork markets follow softer tones as Hutchinson buys support oats and receivers adjust expectations.

Chicago Liverpool Hutchinson iGo John M. Oakley & Co Sixth Street Chicago Board of Trade

Grain market wobble leaves prices pressured across regions

Market report shows limited firmness in Minneapolis with cows and farm movement cited as weather improves. Wheat prices edge lower as buyers seek relief, with No 1 hard February at e and May at w. Cincinnati notes firm wheats and steady oats, while Toledo lists mixed cash and futures moves and Duluth reports overall weakness with February and May prices near Scattered regional quotes reflect cautious trading amid frost cycles and renewed farm activity.

Minneapolis Cincinnati Wheatscarce Toledo Duluth Sige

Bar Association Meeting Nominates Officers and Notes

Secretary E Breck announces the regular Bar Association meeting to be held today. Nominations for officers to be elected at the March meeting will be made. Rev G T Purves to speak on The Influence of Early Christianity Upon Law. Members urged to review Senate and House bills and the Senate calendar. Deed forms adopted at the June meeting are printed for purchase and use.

E. ¥. Breck Bar Association G. T. Purves Senate House

Demand for Higher Valuation Faces County Assessors

Squire Herman Handel urges County Commissioners to act immediately and prosecute the rural district assessors. He argues Willie- Glen farm valued at 600 dollars per acre would imply 100000 acres in the county valued at 60 million dollars, currently assessed at 10 million.

Herman Handel Wilie- Glen

Also Mentioned on This Page

Iron Trade Review Sproul Telegham Metal Market Lake Stapie Menta Ocean Products la France Hyacinth Magea Charta Bostes Tulips Marcissus Reemlas East Liberty Telegraph Omaha Aporrow Avening Journal L&w Kansas City LSSC Iadianapolis Jamie Fourth William A. Ford Ben Franklin Insurance Company Washington Stockton Avenue W. L. Phillips Whitworth Street Thirty-second Ward Carl Grezin Liberty Avenue Charles Reitz Merrimac Street Mohler Tome Securities P.N P. Co Aes Ale Phila Walter Westinghouse Kk Pitts Mato G.co Ateh, & Ton Boston & Albany Maine Hood Fitelbure H. Ih IDCY Flint & Pere Flint & Pere M Tamarack Mass Boston Land Es Sann Diego Land Co MD Colon West End Land Co Hell Telephone Tore Samson an /ater Allonez Mg. Co Avanic Centennial Heston N. Eng Telephone Calumet & Hecla Butie & Bost Copper Mi Money Market Financiers U.S Mutual Union É Northern Pac Bet Northwr Consols Nortw Deben Bawett St Il St. Paul Consols Chicaco Hank New York Exchange Moncey New Orleans Pank Cottyn Menaarasy Quincy Whitney & Stephenson New York Stock Kennsylvania Railroad Aies Buffalo New DE Lenigh Vailey Seeeeses Philadelphia and Erie Lehigh Navigation Ceses Wool Markets Drygoods Market Georgia Carter Carters Bois Florida Pirtsburg Famay Eges Lee Narrows Ile Sweitzer Cape Cod Jamaica Messina Jersey Usc Allegheny County GT California Fig Syrup CO San Francisco Cal Louisville, KY Co. F. Merchant Tailors WM. F. Lentini Joseph Horne & CO Turera St Gall Dies Fabrica Falt-P Urokers—Financial Wourtyey & Stephenson Fey NA Ae
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