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Pittsburgh Dispatch in Pittsburgh, Pennsylvania

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Newspaper

Pittsburgh Dispatch

Location

Pittsburgh, Pennsylvania, United States of America

Date

Jul 25, 1892

Page

7

Commercial Points Show Mixed Trade Activity in Week

The July week ended saw overall trade steady in many lines per Clearing House figures, with notable strength in dairy, provisions, and canned goods. Grain and hay markets were uneven, prices firm for some staples while others drifted. freight and settlement collections remained satisfactory amid a broad spectrum of prices and rising sugar and canned goods activity.

Saterpay Clearing House

Market closes with scarce good sound stock and weak quotes

A thin close left stock scarce and many items dumped or pushed to Monday. Concessions spread to clear inventory as New York and other crops show modest prices and limited demand across nuts and feeds.

Market Wrap Notes Airbrake Lead. Tariff Watch Cited

Westinghouse Airbrake weak after dividend actions. brokers see 20 percent yield next year. Market outlook unsettled amid labor strikes and tariff politics. large sums idle in Pittsburgh banks suggesting potential bargains. Several industrials— Pullman Palace Car, American Sugar Refining, General Electric, Standard Oil — cited for low current yields compared to Airbrake.

A. J. Lawrence & Co Westinghouse Pullman Palace Car Company Bete Noir Legislative Eng General Electric Company Westinghouse Company Standard Ol Pittsburg State National Ing Se Tt Lake Shore New York Central Canada Southern Texas Civic Land American Cotton Oil Company Enterprise Mining Company Journal of Finance Evnnevite Terre Haute Westinhouse Electric Company Boston Wakefield & Stoneham Street Railway Company Wakefield, Maas Brooklyn I and New Town Railway Central Traction Company Ns Ht Sproul & Co Secretary of the Treasury Amercan Et Oneteen Les Ouster Wisit Comptroller of Currency Wilmerding National Bank Wilmerding John F E. E Hamilton Henry George L D. Leet Wilson Henry Metzner John Stoakes E. E. Hamilton Rexford John D. Bailey Exchange National Bank Carnegie Cnnsylvania A. J. Unesatt George 4. Roberts Pennsylvania Railroad Europe Roberts New Orleans Philadelphia New York

Money market holds steady with banks well positioned

The week stays quiet with discount rates at 5.6 percent and steady sterling and New York exchange. Brokers say banks possess ample deposits and credit lines, with no rate shading seen, while trouble at Homestead could push capital protection forward and ease lending for manufacturing.

Wood Street Homestead Iyc Prime Mercantile Sterling Exchange

Foreign Financial Fluctuations and Bank of England Report

The report notes bullion movement at the Bank of England and lists closing prices for several securities. Prices include Consols at 95 16, do account 96 15 16, New York and Pennsylvania and Ohio at 88 31, Canadian Pacific 99 4, Erie seconds 107 1/2, Illinois Central 105, St Paul 43 1/2, New York Central 8, and Mexican Central at 71. Money rates show open market discount levels for short and three month bills.

Bank of England Lowpox New York Reading Mexican Central

Realty Review Urges Buyer in City Market Against High Values

The week saw no large deals but higher inquiry and more transfers and leases, with buyers seeking fair returns. Builders proceed actively. Building Inspector figures show over 1,200 permits issued and nearly $2,000,000 in construction value. Kensington sales feature numerous Pittsburgh and nearby names, with many lots changing hands and prices varying across blocks and street names.

Towen Actioe Pittsburg Burrell and Kensington Charles W. Robson Ottawa Thomas AL Welshons Jenunette William Jones John P Machida Leton Luke Homak Seitaburs South Half Wilhelm Schauer Jobin Kaudik Michael Enezeleski Stanislaw Ne Neki Burg Ering Jane Pittsburg Thomas McCabe Beak Carnetic M Mary Resch William Ernst Christina Schafer Ciesiski Pine- Stead Annie Mahler Anshatz Stanton Avenue William Loeffler Rev Kudoer Bond Street Sheridan Avenues Renda Aiso

Greenfield avenue district draws land sales boom

Charles Schwan of East End records land transfers at about 80000 dollars as buyers, described as capitalists, plan to subdivide Greenfield avenue parcels. Shields sells ten more lots in the Flinn and Schenley Park plans amid rapid housing, with Pittsburg Gas Company and Chief Bigelow expanding mains to meet growing demand.

Greenfield Avenue Charles Schwan East End Schwan Shields William Flinn Schenley Park Land Company Pittsburg Gas Comny

Intense Dull Day on New York Stock Market July 23

Markets opened weak with little offerings and modest demand to cover shorts. Prices gradually rose under limited buying while rails and bonds remained dull. notable stocks showed rare 40 cent moves as traders expected little stimulus.

New York Shorts New Yonk Minneapolis St. Louis

Electric stock quotations from Boston market

The latest list shows bids and asks for Thomson-Houston Electric Co and General Electric among others. The report includes multiple series and related securities with varied prices, reflecting a volatile early 20th century electric stock scene in Boston.

Boston Specia Thomson-Houston Electric Co T.H. E. Co Securities Y. KE. Co W. E. Co General Rc

Agricultural and market notes with mixed commodity data

The article lists varied market items and shipments including corn, oats, wheat, rye, barley, and flour. It records tonnage and bushels moved, including 161000 bushels of corn and 233000 bushels of oats, plus notable shipments of flour and barley. It also notes futures quotations on produce exchanges with prices and highs and lows.

General Markets Report Shows Dull Trading Across Commodities

New York floor receipts show small sales across grains and futures, wheat and corn prices steady to weaker, oats and rye mixed. Prices in Philadelphia and Baltimore mirror quiet demand with brokers noting squeeze effects on July futures and steady cash markets.

Market Report Notes Mixed Grains and Quiet Provisions

The report shows No. 2 white and mixed grain movements with wheat at 31 000 bushels and 15 000 bushels of corn shipped. Provisions remain quiet while pork and lard prices show firmness and Western demand is weak. summaries include futures like July cash and strikes around 421 per cental for corn and 573 for lard. Receipts list wheat 4 000 bushels and corn 10 000 bushels with shipments of wheat 180 000 bushels and corn 93 000 bushels.

Northwest St. Louis Supius Eglaans

LIVE STOCK MOVEMENTS AT MAJOR MARKETS JULY 2

Movements and prices from East Street Pa and major markets include cattle and hog receipts year daily trends. Chicago gains show steady hogs and cattle with mixed packer demand while St Louis and Cincinnati report steady to strong prices. Cotton futures in Galveston and Liverpool indicate firm markets with steady mid and low grades.

East Sreeatt Carrie New York New Olga St. Louie Texas Cincinnati Galvestos Onteass Liverrock

Also Mentioned on This Page

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