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Pittsburgh Dispatch in Pittsburgh, Pennsylvania

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Newspaper

Pittsburgh Dispatch

Location

Pittsburgh, Pennsylvania, United States of America

Date

Jan 06, 1891

Page

7

Splane Corner Too Costly for a Hotel but Not for a Bank

In downtown realty news, the northwest corner of First avenue and Market street, once owned by the Porterfields and formerly a wholesale grocery, sold for about $50,000 to a prominent unnamed businessman. The property fronts 50 feet on Market and 70 on First, with two three story brick buildings. Other notes include a 100 acre farm near Tarentum sold for $1,000, Pine township exchanges, and ongoing Cherry alley speculation. A plan suggests the Splane corner to be developed into a major bank building by year’s end.

First Avenue Market Street Porterfields William Holmes Jane Holmes C. Beringer, & Kensold Nexbitt Tareptam Pine Township Allegheny City Cherry Alley Tepert Omnail Clark Mr. Messier Pennsylvania Raiload Watter Pitcairn Yesternas Sali He Pennsylvania Railroad Splane Omnorimten Fifth Avenue Smithfield Street Isabella Sarreant Pittsburg St. Michael's Seminary Plecasant Valley Middle States McCune & Coutts Mendelssohn Monongahela River Monongahela McKensport A.J. Pentecost Safe Deposit Company Sheffield Street Pitty Ward Allerheny Jol W. E. Hammett &Co Etonsonvine Moreland To &. P. Er Tor Black & Uaird G F. Guyer How Twelfth Ward Allegheny Win Penter Nadine Park Poketo Avenue Delaware Louis Bushman Apple & Co Seid J. Walter Hay Tor Connor Magivon Avenue Wantetne Place A. Herron Syow

Philadelphia Gas and Electric Drops on Stock Call

Last day’s stock call shows record low quotations with Westinghouse group suffering amid gas shortages and financial strain. Other interests escaped major impact. Citizens' Traction and Consignee share in gains. Total sales were 12 shares. bids and offers table lists Edison, Central Traction, and Wheeling Gas among others with ex-dividend notes.

Westinghouse Group Philadelphia Gas and Electric Citizens’ Traction Consignee Lily Central Traction

London Money Market Traders Ease Rates Lift Dynamics

London money market shows lower rates boosting discounting of 60 day bills, narrowing spread to demand bills. Bank scarcity eases as funds flow, with credit conditions improving, exports supported. railroad bond activity rises over last year while stock quotations reflect broader market steadiness.

London 3 York Stock Exchange Wittyey & Stewmienson Oldest Seas New York Stock Exchange

Chicago Bankers Extend Loans Amid Steady Rates

Chicago bankers ease loan terms slightly while keeping the rate at seven percent. Bank clearings reached 17,467 pounds with the New York exchange at a 70 cent premium. Balances in Philadelphia and St Louis show mixed movement as the economy remains steady. Baltimore and Baltimore exchanges noted, and Baltimore clears at 2,141,758 dollars with 415,652 dollars balances. Money market remains largely unchanged with modest gains.

Loulmann Missouri Ts Tenn Pew Sect New Canada Central Phite Iain den Geseas Erie Ma K Mutant Union N.d Mes Northern Pac Renee Northern Pac Ode Oregon Fay San Lowing Gentral Pacine Ohio Iss Big Chicago Mu Ubio Missouri Pacific EU National Iad Trust New York Central Ces. Re N. Y Ceence Norfolk & Western Norwik & Western i Northern Pacinec Dec Evann Vallacel Reading Pullman Palace Eane Oxne Ave St. P Dann, & Man Ason Sugar Trust Texas Paciot I'S Unio Pacific Wabash Wheeling & B Wheeling & L. Kopfer BSE Lycee Owen Ais Ae Oession Boston Stocks Arch, & Top Hoston & Mont Boston & Y Franklin Funt&s Iy Tamarack Central Anniston Lana Co Ee Te Land Co N. Eng West End Land Co Aia Seeceraee Bell Telephone Itland Philadelphia Whitney & Stephenson Four Avenue New York Stock Pennsylvania Mailroad Uhiladelphia Nessacre Racine Common Northern Pacific ChicaGo New York Exchange Biostox Bank Lea Lse Palladelfhia Slwil Eneoy Sr. Louis—learings New York Baltimone

Still Moving Up in Off Market Trading Lines

The off market opened strong at 4 1/2 to 5 cents, advanced to 74 57 cents, then closed near the opening level as little activity occurred. Outside changes were buoyant on bullish conditions. Saturday clearings reached 4 000 barrels with refined prices rising at Antwerp amid steady demand. Brokers note strong demand for refined products keeps prices elevated.

Antwerp

National Transit Certificates Reported With Varied Prices

BrapFoup January 5 reports opened at 73c, closed at 82p, high 76 1/4c, low 76 1/4c. Clearances show 130,000 barrels. ORES and National Tee offerings listed. Shipments include 104,000 barrels with 11,752 barrels in unspecified categories and 6,000 more barrels at designated dos.

BrapFoup National Tee Opo Cares

New York Stocks Rise Broad and Strong Across Market

The New York stock market opened with strength and broad participation. Traders favored the bull side amid absorption of foreign offerings and signs of easing money markets. Vanderbilt and North American issues led gains while lackawanna and grainers rose only to later realize.

New York London Saturda Princia Louisville Nashville Vanderbilts Tere Northern Pacific North American Lackawanna Wheeling Lake Erie Kneaememe Kneaememe Syn Ig An Pacific Atchison Reading Pennsylvania Oil, Spor Lima Oul

Mining Quotations From New York to California Prices

A list of mining quotation figures from various towns and mines including Almador Aspen Consolidated California and Virginia Deadwood T Hale Nercrosa Homestone Horn Silver Mexican Ontario Ophir Plymouth Savage Sierra Nevada Sutter Creek Union Consolidated plus others.

New York Jan. i Almador Aspen Consolidated California Varginria Deadwood T Gorld and Corry Hale and Nercrosa Homestone Horn Mexican Ontario Ophir Plymouth Savage Sierra Nevada Standard Sutter Creek Union Consolidated

Domestic Markets Show Slow Trade Amid Wintry Start

First business day of the week brings weak activity in produce trading as cold weather depresses demand. Rabbits and game rare. turkeys down from holiday highs while chickens remain firm. potatoes ample though fancy stock holds at 12 per bushel. Fresh cabbage expected at 18 to six per head. apples at 10 00 a barrel.

Louisiani Raum Peer Ace Mucatels Muascatel Valencia Ecibahek California Higgins Eureka Din Aldie B Ice. Land Iibut Liberty Street Commission Elgin New York Limburzer Sweitzer Wisconsin Jamaica Florida geSige Southern Jersey Shea Doass

Grain Market Report From the Grain Exchange

On call sales list corn and oats firm with spot prices for samples and futures. Receipts show 30 rail cars with 56 from major lines including Pittsburg, Ft Wayne and Chicago Railway. Prices cover wheat, corn, rye, flour, middlings, hay, and bacon products with freight impacts and reduced flour stock signaling higher future costs.

The Grain Exchange Pittsburg Ft Wayne Cincinnati St. Louis Northwest Minneapolis Chicago Pennsylvania Olio

New York Dry Goods Market Remains Steady

In New York the dry goods market shows little change with prices for Hamilton prints and Merrimac shirtings marking slightly higher. Men's wear woolens open at last year’s prices while sale terms are commonly abridged. Coatings see higher prices than last year.

New York Jan. &i Hamilton Merrimac

Chicago Grain Totals Show Varied Crop Changes

The Board of Trade report lists grain figures with Corn at 2 700 000 bushels up 131 000, Wheat 25 002 000 bushels up 125 000, Oats 1 640 000 bushels up 16 000, Rye 473 00 bushels up 37 000, Barley 4 060 000 bushels down 126 000.

Chicago Jan Board of Tra

Price of Bar Silver

Special telegram reports bar silver prices with New Year values. London figures are given and New York price listed at 14 dollars.

New Year London New York

River News and Shipping Briefs Include Towboat Passages

River traffic notes report 12 feet on the river, Towboats Twilight Clifton I N Hook Join Maren Advance Cruiser Diamond Frank Gilmore Joseph Walton Reymond Homer moving down river. The Scotia and Keystone State ships reached Cincinnati and Pittsburgh for relief. A fatality occurred on the Annie Roberts but was not life threatening. Curtains and lingerie bargains featured in local shop displays.

Scotia Cincinnati Pittsburg Keystone State Matt F. Allen Wheeling Sam Reno James Reno Annie Roberts National Congress Twilight Clifton I. N. Hook Maren Advance Diamond Frank Gilmore Joseph Walton Reymond Homer

Cattle and Sheep Markets at Allegheny Yards Strong Trade

Cattle run larger than last Monday though quality lower with strong demand for beef. Prices ranged from 5.40 to 5.63 for heavy cattle and 1.40 to 1.60 per pound for low grades, with hogs and sheep showing firm, high prices and steady weekly comparisons. Receipts from Chicago and Pennsylvania fed the market, with totals near 302 cattle and 206 sheep and lambs, plus hog totals around 46. Market notes: limited prime beeves, some loads near 1400 pounds, and crates from Ohio and Indiana predominating.

Chicago J. Zeigler A. Fromm Shambere & Co Chloë Shephard Pennsylvania I Zeigler Flioner J. Reiber Cngos L. Zelvier B. H Sages & Co Ohio Noeedy & Smith J. A. Franks J. F. Cruikshank Woods’ Baw Liberty Woods’ Run East Liberty Indiana New York Cincinnati Cees Cue Asy Sceves Atey the Evening Journal Stwers Steckers Kansas City Choice Aoere ST. Louis Indianapolis

Market summaries from Chicago to New York cattle and hogs

National cattle and hog markets show receipts in the thousands across major centers. Chicago reports active beef and steady to higher hog values. New York lists higher native steers and firm dressed beef, while Kansas City and Omaha note strong cattle and hog demand with mixed price moves.

Markets by Wire Speculative close higher amidst wheat surge

Chicago weather and government reports spark strong activity in wheat corn and oats. May wheat climbs from prior Saturday levels as oats and pork lard and short rib futures rise, while New York spot prices firm on robust demand. Kansas City and Minneapolis signs point to ongoing strength across grain pits. prices rally despite mixed export data.

Chicago Coro Geye Baltimore Aldrich John Oakley & Co Chicago Board of Trade New York Northern Bard Wige Sige Wutte Alige Mic Reptember Ognes Rio New Orleans United Tagee Western Park Ohio Flats Tue ST. Louis Philadelphia Ilige Pennsylvania Creamery Pennsylvania Minneapolis Cincinnati Elgin Creamery Meile Ohio Indiana Kansas City Els Toledo Duluth

Also Mentioned on This Page

Splane Corner Coder People’s Saving Bank People’s Fourth Avenue People's Savings Bank People's the Building Record Alexander Harbour Soko Street Fourteenth Ward Bernard Lager John Alter Kramerway Mary C. Hays Edwards Alley Twenty-fourth Ward Llewellyn Loyd Brereton Avenue Thirteenth Ward More Street Thirty-fifth Ward Kauk Traction Mrasant Walter Second Avenue Ming Luster Minding Weatingbeus KE Wet’ House Ai Ion Money Market Office OF Santus la Guayra Ain Rio Aiea Eat Ordain de Lisplee ICES Sania Urea Obberg Ie Nuhmee Rees Teat Drygoods Market HuGus & Hackle. Asso Piliabure A. G. CampBens Carters Allegheny Places OF Business Pursnine Pistatch, Mornay Merr's Island Telegraph Tom Ing WueEat Seressewersss Saul Aston Basley Deris Huevus & Hacez UsSu Rudyard Kipling America the Dispatch California Fig Syrup CO San Francisco Cal Louieville, KY Wolff Eve Funnrrone Svein Guise Cormawane Tinwani Swaim Baers Wolff & Randolph Phindet Ane Farnish Joseph Horne & CO Soet Bath Seersuckers Im Suiting Heather & Renfrew Dress Fine Zephyr Gindhams Ifalt Bhrokers—Financial Se — Wortney & Stephenson Phy Savings Bank Edwat E. Duff Asst Sec Trena John M. Oakley & CO Medical Whittier Penn Avenue Pittsbury Ts Prove S. Ky Lake MRC. CP Fenn Ave Ith Pitwhurg Eneh Onde Salk Emil G Stucky Drugest T. Wolland Poon J.amar Fulton Electric Best EMI Sanden Electric Co Broadway Oe Bay Ee Belt Actrees de Peru Chemical CO Milwauee Wis Stampe Ceelars Dress Pond Lily Company Fisher Rock Woodward Ave Detroit Mich Joseph N.Y Park Mace Lion Drug CO Buffalo JOS. Fleming & Son Hk TV Dial Arenatag Penge Pula Lad Lara
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