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Pittsburgh Dispatch in Pittsburgh, Pennsylvania

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This newspaper page contains 16 articles. Subscribers can read the full text of each article.

Newspaper

Pittsburgh Dispatch

Location

Pittsburgh, Pennsylvania, United States of America

Date

Jan 11, 1890

Page

3

Iron and steel boom sustains prices amid brisk demand

The iron and steel market shows no new features with prices well maintained since year start. Demand remains strong for Bessemer and gray forge iron and merchant bar iron holds firm at 195 to 200 per ton while rails and other products show resilient prices and no expected downward movement.

Bessemer and Gray Forge Bar Iron New York Heskemer England Edgar Thomson Works Edgar Thomson Europe Iran

Iron trade and metal prices in 1889 report

New York reports a strong iron trade through 1888 with heavy production in late year and high close quotations. Copper, tin, lead, and steel rail markets show mixed movements as domestic demand and international stock jockeying influence prices.

Iron market shows dull but firm demand in 1890

The Philadelphia dispatch reports a dull yet firm iron market with many large orders placed in late 1889. Pig iron prices at tidewater range around 25 to 28 dollars per ton and contracts extend for three to twelve months amid brisk steel plate orders tied to Andrew Carnegie and Duluth mills.

Philadelphia Bs Tidewater Wieper Porbeoner Ag Duluth Andrew Carestee Andrew Carnegie

Active Demand Seen In Dry Goods Sears Weekly Review

Hoger, Brown & Co report in their weekly review that inquiries for small dry goods orders are coming in freely, with occasional large buyers for round lots. Business is rising, buyers expect active demand when basements settle, though prices remain high for this market.

TRC Telecham Garatrch Crectxxall Rogers, Brown & Co Chcaco Hoger, Brown & Co

Prices Ruling on the Other Side of the Ocean During the Week

The American Manufacturer reports varied prices in iron and steel markets abroad. Speculation in warrants and hematite warrants drove highs, with London Glasgow and Ardrossan seeing gains in pig iron and related products. Market activity remained strong across Bessemer, steel, and rail sections with rising prices and active demand.

Ocean London Glasgow Gartsherrie Langloan Shotts Dalmeliington Ardrossan Eglinton Bessemer Chipping Point Middlesbrough Rlok Sn Piegeleisen O. B Epee Tess

Market notes show eggs drop and steady poultry prices

The week highlights softer egg prices with a 25 cent per dozen level last Saturday and slower markets. Soft weather blamed. Poultry remains scarce with prices firm and higher than last week. Bermuda onions and Florida tomatoes appear on stalls, fresh lake fish noted, light frozen stock but some supply from Sailor fishermen. Price ranges for meats and produce listed by dealers.

Bermuda Florida Leon Orrick DisPater Priday Weather Bureau Burris Cranmery Elgin Rome Cranberrien Malaga Jamaica

Pittsburg Land Sale Sparks Talk Among Merchants

The Dispatch reports a Fourth Avenue land sale at 4400 dollars per front foot, with initial rumors about the buyer disproved. It notes a high price for Fifth Avenue land and details a new loan scheme by W. A. Herron & Sons with United Security Life Insurance to enable small down payments and life insurance, plus related bank ties and stockholder interests. It also covers Prof. Edward Orton on natural gas pressures, and global oil notes from US Consul Pettus and Charles Marvin on Baku oil, comparing American and Russian supplies and field details.

Fourth Avenue Dollar Savings Bank McCombs Wood Street Tradesmen’s Nations Bank Tradesmen’s National Pittsburg Fifth Avenue W. A. Herron & Sons United Recurity Life Insurance and Trust Company Holra Fidelity Title and Trust Company Edward Orton Ohio Fed Nature Trenton United States Pettus Peking China Baku Jonathan Bestir Pennsylvania Far East Charles Marvin India Bako Copibs Droobj Apsheron America Nobel Brothers Deroes Surace Bradford West Virginia

Market Fluctuations Reported With Various Share Movements

Morning call shows trades in Philadelphia stocks with shares in Pleasant Valley Luster and Philadelphia Gas. Andrew Caster and Band & J. C. Forse execute sales in Central Traction and Pleasance with volumes noted. details include 4 and 8 shares at specific prices and mixed activity across Delaware regions.

Philadel- Pend Pleasant Val Luster la Noria Philadelphia Gas Pleasant Valley Andrew Caster Band & J. C. Forse Central Traction Ans Poe Pleasanc Se Teas Boven Nore Dal Delaware

Money Market In Good Shape Bankers See Easing Ahead

Local bankers report money market stable with a slight drop in checking volume as annual settlements wrap up. Demand for money holds steady with favorable rates and expectations that liquidity will ease as the season progresses. Sterling exchange remains quiet with bills around 60 days and demand at 4 35.

Denker Sterling Exchange

Banking Clearings and Bond Quotes Show Steady Rates

New York clearings reach $171 792 635 with balances and money rates around four percent. Philadelphia clears $11 257 063 while other banks report firm quotes with call rates near 6 percent and time rates at 7.8 percent. Imperial Bank of Germany notes higher specie turnover amid broader market stability.

New York Philadelphia Fec Arcoent Beeelix Imperial Bank of Germany Ica

Oil market rises amid mixed signals and NY influence

Market factors combined to lift oil prices yesterday with a firm open at 104 to 106 and a close near 106. A NY buyer and Pickens pushed the market higher while certificates and stock figures showed declines and credit balances rose. Some see the advance as speculative and likely to fade soon, though surface momentum remains.

Une New York Bradford Stephenson Company Ferruton Farm

Moninger wild cat work continues in Washington County

Washington County PA reports slow oil activity with no new field developments today. Fergus & Co. McQuay No. 2 finished in the fifth sand but shows no production gain. total output from Washield wells about 10 000 barrels. Southwest Pennsylvania Pipe Line Co. gathers 4700 barrels in the first week of January. Marker features daily by John M Darney and members of the Pittsburgh Petroleum Exchange.

J. C. White State University of West Virginia Pennsylvania West Virginia Washington Washington County Dispatch Washington, PA Moninger Wildcat Fergus & Co Washield Southwest Pennsylvania Pipe Line Company John M. Darney Sixth Etrook Piveabane Petroleum Exchange Sietneseresnesietyecoveeseen Avotazs Shipton Viveresseeseee Gon B. McGrew

Sugar refineries lead stock market surge and mixed activity

In New York trading on January 11 sugar refinery and Reading stock led gains while coal stocks were dull. Sugar opened at 14 1/2 cents on an injunction related to dividends, with later buying lifting prices above 37. Other metals and utilities gained on rumors of large blocks moved, while Reading and Kansas and Texas bonds showed weakness and Wisconsin Central rose. Insurance firms declared six and three percent dividends, and Pittsburgh and Lake Erie planned six new iron bridges. Cambria Iron reports limited post flood output. cattle and mining activities rise in New Mexico.

New York United Kingdom Belgium Germany France Gray Forge Chicago Bs Et & Post Polic Alien York Eavis Lake New Seino Tate Jane Mate United States Barrow Smone Gepacialziea Chicago Gas Texas Toledo Ann Arbor North Bitchican Weeating Lake Eria Linois Coal and Hiner Delaware Lake Eee Arbor North Michigan Reading Kansas Wisconsin Armen New Jersey Ohio Cash Insurance Company Ben Franklin Insurance Company Pittsburg Lake Erie Libe Ee Isere W. C. Bezrveece C. Beringer & Son Fourth Avenue New Mexico Cambria Iron Company Johnstown Beast Works Gautier Steel Department Trading St Louis Sheek Ougehbergueen Telemadker Tistee Heigingia Cj Bales Hogsheads Barbadoes Ares Orleans Rica Western Dairy Western Philadelphia Jan Senane Twen St. Louis

Minn eapolis Market Summary From Past 24 Hours

Local reneeses for the past 24 hours were 204 cars out. Demand for fan wheat near higher grades was good though buyers pressed for concessions. Northern wheat and lard prices moved mildly with modest activity and limited price changes noted for lin seed and cloverseed trades.

Milwaukee

Wool Market Activity Shows Mixed Winter Demand

Boston reports a strong demand for wool with several buyers on the market yet sales remain only fair. Prices vary by region with high quality fine wools from Oregon and the Gre basin bringing limited gains while fine Delaware fleeces hold firm and unwashed combing wools show notable sales.

Boston Ron Mes Oregon Sac Michigan Mac

Market Notes on Crops and Groceries Amid Slow Demand

The past week shows mixed signals with crop estimates underscoring shortages while markets remain slow. Coffee and general groceries move at old rates as Brazilian crop complications fail to create expected price effects. numerous commodity items including Rio coffees, Mocha, prunes, currants, canned goods, and staples appear with varied prices and small shifts.

Rio Jara Maracaibo Santos Sophie London California Muscatels Valencia Turkey Onica Gaswendy Cocounata Ureka Eureka

Also Mentioned on This Page

Iron Trade Review SCPAD Aesteel Rails Wn Steel St. Loum Rogers, Brown & Meacham Connells Glascow Distaron British Iron Markets Stafford Liverpool Straita Tr Plate Gordes Stull Jersey Callmeri Ieee Leeds Fifth Avenue Bank Boatman's Insurance G.ca Allegheny Hi Pennsylvania Gas Co Anne Eins Ng Gas Co Columbia Gilp C Ho, Pitts Ls Neri Mt Co Seeees Younceant Linia E Co Union 5 Signal Co Gettin Balla Jan Peels Oey Lowes Fowent Samuel W. Black & Co Ackley Street Second Ward Allegheny Jamison & Dickies W. Moore Lang Avenue Willard J. A. Edie F.C. Miller Emerson Street East End East End, To Mrs. W. 8. Taylor L. O. Frasier Forty-fifth Butler Streets Wae Et Howley Avenue Thirgy-ainth Tena Ward Pepeed Cosie Donaldson K. & Baird Obough Essence Janes Wall Street Sugar Trust Mark—Bonds Col. & Bock al Encerine Vale Norfolk Whitesr & Sephe Bers Bester Atocks Bay Rutland Bowrton Ibany Wit. Centra Maine Wis Central Tral B&q Allones Mig Co Cinn, San, & Cleve Calmet & Hocis Hastorn BR Ee Fyaokum Eastern H. Os Busineas Noten Tur Safe Deposit Company Fpitzaburg, Sonstance Gommestie Sibie Remance Christ Wool Markets la France Rose Bride Perien de Waterville Papa Gontier Rosem Gripp Chartiers John F. Clishorn John Morten Flora Iron City Brewing Co Henry C. Maing Morerow Sion Grain Exchange P. R Cincinnati Baltimore Pittsburg and Timoyhky Bumween East Liberty Varda OrrFicn Prrissres Dise Parmar Tnanaee Ie Ia Catrix Hoga Telegraph Beever Bee Sesat Ti Hecal Tirmiad Rassaa Tor Emi Tees i Sones Strona Ad Seaman Sean Ion Frank G. Carpenter Carter Swatse Jas. D. Callery John W. Taylor THE Union Transfer and Trust CO Fidelity Bullying Ae Ae Joe A. W. Mellon WM. A. Carr Joseph Horne & CO Wood and Liberty Holiday Trade Deslers Agate Sher Stephenson Onan Avenue Orga & Go Now York Pasports Peccnedi John M. Oakley & CO Bankees and Srokers
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