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Newspaper
Pittsburgh Dispatch
Location
Pittsburgh, Pennsylvania, United States of America
Date
Feb 25, 1889
Page
7
In the submerged valley of Mergatroyd a flood devastates mills, cottages and lives. Jeremiah Pennycomequick’s fate looms as Salome and Philip face inquiry, with social humor and peril echoing through the ruined town. Janet arrives incognito revealing family ties and looming decisions.
A distressed trade review notes Overstocked with staff and sellers at buyers mercy. Market activity weak with no revival, grain and hay trading slow, eggs and cheese steady but subdued. Frustration over Cheeses demand cited, roads hamper farmer purchases, while Westphalia ham trade gains some interest in Pittsburgh restaurants.
Markets by wire report a quiet Chicago trading day with weak outside orders. Wheat opened higher on cold weather but slipped as offerings grew, May prices down 14 cents from Thursday, July up 4 cents. corn and oats eased, hog prices firm but unable to sustain early gains. New York and St Louis notes show mixed futures with sugar and lard steady to firm amid thin demand.
The past week showed dull markets with a holiday dampening tone. Petroleum strengthened with a gain, while stocks remained dull and bullish. bank shares demand reached unprecedented levels signaling abundant idle capital. Real estate stayed active with interest in unimproved lots and small houses. money remained plentiful at 5.6 percent.
Mining stocks closed with gains and losses across many listings. Amador 150 Belcher 485 Best & Belcher 600 Bodie 150 Caledonia A H Crown Point 600 Consolidated California and Virginia 12 Deadwood T 15 Eureka Consolidated 200 Filine 150 goo and Curry 35 Hale and Norcross Homestake 1200 Iron Silver 845 Mutual ore 575 Sierra Nevada 22 Silver 2 OG B25 Small 40 Union Cotsatt Ganed tartaliow Jacket 440.
In frigid conditions the domestic markets show little change with eggs and butter prices edging lower due to abundant western supplies. Cheese remains light in stock while demand stays weak ahead of Lent. Potatoes, fruits, and canned goods show scattered shifts, with oats and grains dull amid a slow trade week.
Green coffee has risen by 3 cents in New York over the past two days, with strong price levels across various grades. Fancy Rio and Rio coffees show higher quotes while Java and Mocha maintain notable bids, and roasted standards climb as traders expect further strength.
A historical listing shows prices for paten straighteners for pig age, baker supplies, bran, timothy hay, sugar cured hams by size, dried beef, bacon cuts, and fresh pork links. It includes quantities like $18, $15, and per-unit costs for various meats and feed, with several job lots and package sizes mentioned.
Armour and Co present price list for beef carcasses in a narrow range from 450 to 550. The document notes grade or description terms possibly referring to cuts and weight classes. The text appears partially garbled with unclear meanings for several items.
Telegraph reports cattle, hogs, and sheep movements with receipts and shipments. Kansas and Chicago show steady to higher markets for beef and stockers while hogs gain on strong demand. Cincinnati notes firmer prices for common packs and butchers amid steady receipts and shipments.
Drygoods in New York on February 23 reported fair trade with jobbing houses and better mail orders through personal selections. Buyers increased prints ginghams and staple cottons while woolens sold well to locals. Prices remained steady to firm as confidence rises and activity is anticipated.
Fragmentary note records movements of specie in New York on February 8 and mentions experts in financial matters. The readable text is incomplete but indicates monetary transfers or flows within the city. No additional context or names are clearly legible.
The week’s specie flow from the port of New York totaled $1,137,408 with $617,853 in silver. Gold and silver shipments were allocated to Europe, including $301, tera and $10,300 silver. Overall, $46,438 was in silver and $ Siiis gold.
Disjointed market notes show copper prices in New York for February at 67 and domestic dollar figures around 370, with references to whisky markets and undetermined entities. This fragmentary item records price mentions and market chatter without clear context or full details.
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