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Pittsburgh Dispatch in Pittsburgh, Pennsylvania

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This newspaper page contains 25 articles. Subscribers can read the full text of each article.

Newspaper

Pittsburgh Dispatch

Location

Pittsburgh, Pennsylvania, United States of America

Date

Jan 03, 1891

Page

3

Labor Struggles Hit Southern Iron and Steel Trade

The iron and steel markets show weak demand and uncertain profits as furnacemen press for a 24c coke cut and freight reductions. In the Shenango and Mahoning valleys about 50 furnaces remain active, with continued production in doubt unless coke and freight rates fall. Prices for structural iron and steel products are listed with mixed movements, while brokers note tight margins and cautious purchasing amid the upheaval.

Mahoning Shenango Valley Shenango Nentrad Mill Eyeeveeveveeevees Csee Pee Sds Neo Charcoal Foundry Iron No Charvent Cold Muck Bar Steel Blooms Steel Tulle Acew Ae & Oo Steel

No material change in steel market through January

Curiaco reports Rogere Brown and Mer note January opens with conditions like December. Job lots move to large buyers with cash, Lake Superior charcoal metal offered under 16, but mills hold off on air to sales. Iron prices seen as uncertain. fate tied to money and coal strike effects in Alabama Mahon jig valleys and northern production costs.

Curiaco Rogere, Brown Merwin Chicago Lake Superior Alabama Mahonjig Valley

Labor Troubles Persist in Southern Iron Industry

Jan 2 report from Biasisagua, Alabama describes ongoing labor strife in iron works. More furnaces idle, pig iron prices drop, and cash purchases reduce demand. Coal miners strike remains unsettled as unions in the North vow support. Trussville and Williamson furnaces shut.

Stationary Pig Iron Market Faces Buying Burst Expected

A dispatch from St Louis notes pig iron markets hold steady while coke and charcoal furnaces idle in the South due to miners' strikes and low prices. Forecasters anticipate substantial buying in the month as financial conditions improve in major cities, with quotes listed for Southern coke and charcoal products and related foundry materials.

St Lov Rogers, Brown and Meacham St. Loui Ly Feotinen Gray Forge Ponthern Omthern Visseuri Hissourl Die Sofleniers Ser Avorce Lake Superior Beuthern Poundeliaville Foundry Cornet St

Prospects for Trade Improvement in Cincinnati Iron Market

Report from Rogers Brown and Co notes uncertain early year demand but signs of rising inquiries and purchases. No strong buying in two prior months with large consumers curtailed. production in North and South easing. Prices weak but factors seen as likely to trigger a price and demand reaction.

Rogers, Brown & Co Avery

Record Iron Production in 1890 Sets Global Peak

Philadelphia dispatch reports 1890 iron production reached the highest level ever, surpassing all prior years and all other countries. The year ended with output at a record pace, underscoring an unprecedented global iron industry surge and strong domestic demand.

Iron markets end year with strong demand and steady prices

The year closes with solid iron demand and stable prices across products. Bar iron and skelp show modest declines from last year while steel rails remain weak after a 8 per ton drop. Old rails vanish from the market and scrap iron stays steady, with seaboard quotes around current levels.

Meer Gray Forge Seaboard

Market prices drift with holiday-afterglow at Diamond stalls

Trade at the Diamond market stalls shows little change week over week as New Year’s briskness fades. Poultry prices have stabilized after a brief spike caused by snowed shipments, while vegetables remain unchanged and floral demand softens post holidays.

Lake

Public Debt Statement for December Highlights Holdings and Cash

Washington January 2 Public debt statement for December shows total interest bearing debt at 811,005,398. Bonds and certificates are listed with 4 and 5 percent rates. The statement details cash reserves for redemption and available funds including silver and currency excluding non tender items. Net cash amounts to 307,073 00 with total available 35,418,805 00 for public purposes.

Washineton Rae Orme Visa

Market notes on steady cargoes and options activity

Fragmented NY market update shows steady option open interest and mixed bid levels. Mentions March and May dates with some prices around 16.05 and 3.500 in unclear cargo trades and potential windings, with references to Sanusty and other mangled terms.

New York Odin ‘Sanusty E Inc

Pittsburg Exchange Officers Elected Amid Housing Notes

The Pittsburg Petroleum Stock and Metal Exchange elected officers with James M. McKelvy as president and A J Lawrence as first vice president. City housing gains are noted as two hotel sites on Fifth Avenue near downtown attract negotiations, and ward 21 leads small-house development with 284 buildings averaging about 1000 dollars each.

Fifth Avenue Smithfield Street Pittsburg Pittsburg Petroleum, Stock and Metal Exchange OWS James 5. McKelvy A. J. Lawrence W. I. Mastin Oepha J.broney Pittspurg Philadelphia City of Homes Twenty-first Ann

Stock Exchange Opens Year With Modest Activity

The day opened with a cheerful mood as investors anticipated a busy season. Trades included Citizens' Traction 6 shares at 60, Electric 200 at 184, Luster 10 at 1534, and Central Traction 2 at 1t, total 250 shares. Prices showed slight gains, demand rising while sellers waited, hoping for favorable results. Ex-dividend updates noted for Ha PlateG Co. and a summary of New York totals across major issues, with Western, North American, Pacific and others listed among active stocks.

Stock Exchange New York Yesterns Eat Aeeen Ao North American Pacific Northern Pacific Richmond West Goal Union, Pacific Estern Union Wall Street Lacknawanna Susquehanna and Western Wheeling Lake Erie Tennessee Lackawanna Cleveland Cincinnati Chacaco St. Louis Lake Shore Western Union Chicago Gas Atchison Burlington Nebraska Morr Essex Louisville Nashville New York Stock Exchange TkinsraTon Whitxay & Stephenson Pittsburg Fourth Avenues Ik Obrots ii AE Goon Ae Ny Top Pevese Chichgo Gas 'Trust Hiwat Hor Quincy Wa Oly Oo cC St Pawi Mil Bt P Ph. Ls Bock A. & I Bt E I. M&o. Dl Col. Coal & Iron Hocking Valley Hodson Alige Java Maracaibo Santos Caracas la Guayra Santes Jeabeer Ode Allspice Cassia Ohio Globe Royaline Callon Carolina Louisana London Snyers Mucatels California Muscatels Valencia Ondara Baionica Prunes Sicily Filberta Higgins Eureka

Banking Outlook Promises Early Month Improvement for City

City banks report quiet day but officers expect gains as yearly settlements finish and plans for expansion arise. Financiers foresee renewed money flow with prompt January bill payments signaling positive times. clearing totals reach 2 572 654 80 and balances 301 436 72, with last year’s record in sight. Money on call in New York edges up to 5 6 percent. prime mercantile paper at 7 1/2 percent. sterling at 4 0 for demand and 4 7 0 for 60 days.

Times Chaplin New York Prime Mercantile Sterling Exchange

Banking shows deposits rise and loans in demand

CHICAGO reports that nearly all banks end of period statements show increased deposits since prior reports. Money is loosening as grain and provisions carrying charges narrow. Demand for loans remains strong, with rates steady near 7 percent. Bank clearings and balances listed for major cities reflect liquidity.

Chicago New York Exchange New York Hank Clearings Es Bostox Philadelphia Baltimore St. Louis Memphis—Exchange New York Bank Exchange

Market Up as Refined Rises Prices Edge Higher

Trading yesterday produced little volume in Ol), with prices moving up due to a rise in refined. Opened at 71 for regular and 72c for cash, closing unchanged. McGrew, Wilton & Co. quotes puts at 71c and calls at 143c with firm activity at Hisner building.

Tegular McGrew, Wilton & Co Hisner

National Transit Certificates and Petroleum Markets Move Early

Markets show mixed activity with National Transit Certificates opening and closing at various prices and clearances around 474,000 barrels. New York crude rises briefly on demand before selling pressures push Western accounts. Pennsylvania oil shows February options trading with notable open interest.

Crry New York Meady Pennsylvania Oil

New York Stocks Open With Unusual Strength On Year Start

Stocks show surprising vigor after New Year with money easy and demand from insiders lifting prices across rail and coal equities. Gains narrow but broad-based as Wabash, Lackawanna, Conemaugh and others lead, closing near day’s highs amid light trading and ongoing dividend news from Louisville and Nashville.

Fragmentary OCR list of companies and lines

A garbled OCR snippet lists assorted firms and numbers, including Boston based entities, land concerns, utilities, and telephone interests. The fragment mentions Franklin, San Diego, West End Land Co, Water Power, and Centennial Min nt among others with scattered percentages and page gibberish.

Ateh Coece Franklin Boston & Inc Keare Boston Land San Diego Land Kane West End Land Co Jaca Hell Telephone Lamson Store N. Eng. Telephone It Coisas & Hecia

The Dwarfs of Africa Subject of Prague Ethnologist Paper

Dr. Oskar Leer of the University of Prague writes on the Dwarfs of Africa in a forthcoming Dispatch paper. The note promises insights into African ethnology and related studies.

Africa Oskar Leer University of Prague

Market Conditions at East Liberty Stock Yards

The Pittsburg Dispatch reports cattle receipts of 93 head with 1 200 head shipped and a steady market. Hogs receipts 4 100 head with 2 000 shipped and active market. Nine cars hogs shipped to New York. sheep receipts 1 490 head with 1 000 shipped and prices steady at unchanged levels.

Chicago the Evening Journal Cincinnati New York ST. Louis Texas Ond Omaha Leo Hess Indianapolis Caneae Pittsburg Farpar

Prices Ease as Country Produce Market Bounces Back

Supply of poultry and other farm goods has recovered from snow blockades and prices fall. Turkeys and apples slide while cabbage and potatoes move at lower levels. imports and domestic goods such as cheese and canned foods show varied gains and steady wholesale demand.

Pittsburg Dispatch Farpay Elgin Ohio Sweitzer Wisconsin Orick Sweitzer CRANE Cape Cod California W. Halig Lée PF Jamaica Florida Malaga Jersey

Grain Exchange Report Shows Mixed Carloads and Price Moves

No sales on call at the Grain Exchange. Receipts list 50 cars with 36 from Pittsburg Fort Wayne and Chicago Railway and others from Baltimore and Ohio and Pittsburg Cincinnati and St Louis. Oats and corn active and prices up. wheat and millfeed quiet. hay in demand but farmers dull.

St. Louis Philadelphia Ohio Pennsylvania West Virginia New York Michigan Canada Vnarae Montana Territorial Bostos Sic Texas California Oregon Grain Exchange Pittsburg Ft. Wayne Chicago Railway Baltimore and Ohio Cincinnat Ivania

Sugar cured pork products and quantities in trade listing

Trade listing shows various sugar cured hams shoulders and bacon products with prices per unit and bulk quantities. Also includes dried beef, lard, pork, sausage and related items with multiple price points and unit sizes. Mentioned items include fresh pork links bone less home and pigs feet with barrel and quarter barrel pricing.

California

Wheat Market Swings as Bears Return on May Contract

Chicago and New York markets show initial gains for wheat with May delivery opening at 8 1/2 cents, then tumbling as bearish news spurs selling. Corn and oats follow the trend with mixed results. hogs and pork steer lower amid abundant morning deliveries. overall price declines hinge on shifting futures and cash quotations across Chicago and other major exchanges.

Chicago Hutchinson Cudahy Allerton Armour Lord John

Grain closes mixed across cities in quiet trading

Milwaukee shows oats and wheat steady on track with firmer oats and mixed cash values while pork and lard futures ease. Duluth notes wheat weakness with January and May futures, Toledo reports active wheat and lower cash prices, oats firm No 2 white, cloverseed active with steady cash and futures.

Usgs Baltimore Sophie Leshouse Minneapolis Wisc Cincinnati Milwaukee Northern Sic Corm Duluth Sasomna Toledo

Also Mentioned on This Page

Iron Trade Review Biasisguam Ala Gray F.o. B Eee Trussville William Son Tutmeres Tremarkaugh Joaquin Miller Tomoshow Dispatch Turkey Ubc la France Public Debt Statement Gregate United States Pacific Railroads Offewand Notes OU National Bank National Bank Fund Cortincates Cates U. Acts Orney Eeasbery Ates Tional Bank Treasury Drygoods Market Man The Pittsburg Exchange Bander Ward Vandergrift Wood Street Messrs. Cooper Water Street Mr. Israel Fourth Avenue Masonic Fort Pitt Odd Fellows Marine Freehold National Bank of Commerce Farmers’ Deposit Tradesmen's, Central Fifth National City Savings Bank First National People’s National Pittsboro Hazelwood Oil Company Fourth National Fort Pitt National the Building Record William Velte L. O. Frasier Conrad Street Twentieth Ward Nick Bick Larkins Alley Cost W. L. Phill Boggs Avenue John Kane Forbes Street Fourteenth Ward Orth Carey Alley Twenty-fifth Ward W. E. Hamonett & Co Frankstown Avenue F. P. Washbaugh A. P. Rusher Black & Baird B. Sher A. G. Marks Smallman Alley Seventh Ward James W. Drape & Co Allegheny Boyle Street Esplanade Street Arch Street W. A. Herron & Sons Nonvery Hill Baxter, Thompson & Co George Schmidt Herron Avenue Wandless Street Thirteenth Ward City Ha, Plateg. Co Hee Cess Aspen Consolidated Cali Virginia Homes Horn Satio Nera Union Consolidated Money Market Lot Pac Chi É& Fe Union Erie Telegraph Oregon Improvement Pactic Palliman Palace Richmana & W Richmond & WP St. the Boston Whitney & Stephenson Hhuffalo East Liberty Wool Marketa Metal Market Lake, Caees Straits Carter Carters Housh Joseph Horne & CO San Bakers F.o.b Merween Rspa Ialige Bee Wgsie Mav Pacific Coast Old Mesa ST. *Louis Wye Sige Wathan Ewice Lehor M. Marino Igo Marley New Mesa Mansas City Wetlees Capitol Harrisburg Best Cable Service Iyrup California Fig Syrup CO San Francisco Cal Louisville, AY BROKERS_ FINANCIAL Edward Led K. Duff Hsesessaibousl John M. Oakley & CO Brocks Bonds Graln Petroleum G&sleth &T Punchburg Arabella Street Festival Street Denniston Atreat City of Cate Avenue Assembly Commonwealth of Pennsylvania Ments Shay Libra An & Lai Rhcence Vins Tenet Department Path Ldrop Touw Fisher McFarland Peeeen Mary J. J Mary E_ Snyder David W. Bell
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