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Newspaper
Pittsburgh Dispatch
Location
Pittsburgh, Pennsylvania, United States of America
Date
Jun 22, 1892
Page
3
Spring delays curbbed garden yields but weather boosts growth across Pittsburg area. Fruit prospects remain mixed with higher fall prices expected. Dry goods trade in Pittsburgh grows about 10 percent as summer demand surges. Leather and hides markets show fluctuating signals with dampened demand and producers hopeful for price stability.
Livestock receipts and shipments listed for East Liberty Orrick and other yards on Tuesday January 2, 1802. Cattle, hogs, and sheep show varied activity with firm to slightly weaker trends in different markets. Dressed beef steady, hogs mixed, sheep and lambs variable. local and telegraph receipts include New York shipments and regional sales figures.
Chicago's wheat market was light with a weaker tone and prices lower on average. Corn showed fair speculative activity early, then quieting. oats moved narrowly with slight gains. provisions opened steady but pork and ribs slipped toward the day’s bottom. Prices and bids varied across a wide regional display including Chicago Minneapolis and St. Louis platforms.
New York market update shows mixed coffee options with steady near term prices and new futures entries. July position at 11.500, September 11.150, October 11.50, December 11.55, with spot trade quiet and barrier cargoes easing.
Carl Von Pastow Otto Schraeder and John Fortman face charges for paying Edward Simons to underweigh 4344 packages of firecrackers aboard the Austria. Fortman testified detailing payments and an destroyed memorandum while Simons admitted guilt. The seized lot valued at foreign 14075.55 dollars duties 18224.64 and home value 52300.19 will be auctioned at the Federal Building before July 4.
Real estate activity surges as investors show confidence and planned improvements spread from Perrysville avenue to Mayfield. Viewers assess benefits and damages while several large lots sell, including Oakmont ground and Mayfield bids. Despite church property hesitance, market optimism grows with transit plans and new developments across Allegheny districts.
The Philadelphia stock market showed interest in Home Securities with expectations of a 10 percent dividend and possible stock dividend. Philadelphia Gas and U S Glass were active, with prices around the prior close, and rumors of an extra dividend in early July. Trading included 100 United States Glass at 138 and 100 Birmingham Traction at 101% in early calls.
The New York stock market showed renewed demand with several advances including Rock Island 18, Burlington 1 1 2, Northern Pacific preferred 14 4, St Paul 11 4, and Sugar 1 1 4. Richmond and West Point favored dropped 1 but recovered. Total trades reached 1,488,000 with bonds broadly firm except Richmond and West Point issues and leased lines.
Mining stock quotations for New York on June 1 list Best & Belcher 100 Consolidated California & Virginia 350 Deadwood 210 Mureka Consolidated 150 Hats Sherk plat an 15 oraver 35 Mount Diablo 100 Standard 180 Bar Silver Quotations dated June 21 note London price 4d lower per ounce and New York dealers' price at 884 1 2 per ounce.
The report notes no special change in the situation for gold and silver exports with usual monetary conditions prevailing yesterday. Borrowing was omitted to actual.
There is no desire to diversify as wage complications in the iron trades loom. Rates hold at 5.6 percent while bank clearings reach 2,644,732 and balances 480,616. Gold exports from New York for the week total 7,282,500 with most sent to Germany and the West Indies. silver shipments near 327,019 to London. Since January 1 gold receipts reach 84,416,608 and silver 10,878,731. Money on call tight at 1 per cent, with mercantile paper steady and exchange quiet.
Bond market notes show figures from St Paul consols to Central Pacific with varied percentages. The record lists percentages like 130%5 and 108% for several issues, reflecting yields or prices in a snapshot of trading activity.
New York Bank clearings reach 119505048 with balances 10216556. Boster Bank shows 15723313 clearings and balance 11590. Ex change on 8a and other rates noted. Additional entries include Baltivore Bank with 863 clearings and 6619 balance at 6 percent.
The Elgin creamery butter price rose 1/4 cent a pound, while eggs weakened and dressed poultry stayed in light supply with solid demand. Strawberries reached season highs in largest receipts, with fair fruit at 5 to 6 cents per box and choice at 8 to 9 cents. new Southern potatoes and tropical fruits move freely, lemons active. prices for many canned fruits also up, and oats corn and hay show mixed shifts with corn remaining a strong factor in cereals.
Market notes show shell corn scarce and hay and data firm with slight advance. Wheat flour and feed weaken while new crop prospects hinder bull movement. Commodity quotes include No. 1 white oats, bran, middlings, and prairie hay, with prices varying by grade and lot.
New York June markets show pig iron, copper, lead, rosin, turpentine and wool largely quiet or steady. Turpentine holds at 30 sle and rosin remains steady as wool shows no change amid overall subdued activity.
A Pittsburg observer reports about 150 local families planning or already on the way to Europe. They cite lower living costs and the chance to refresh wardrobes as key reasons, while warning about caution against foreign travel tricks.
L. D. Humphrey, a Boston wool buyer staying at the Monongahela House, argues that tariff policy cannot curb wage disputes as European pauper labor competes for American jobs. He notes many immigrants improve their condition here and warns Cleveland would face a tough renomination.
Early brief items report cholera spreading in Paris suburbs and mixed municipal election results in Portland. Other notes mention King Humbert’s visit, Cripsi triumphs in Rome, the Melampus cruiser, World’s Fair animal entry rules, a Portland hotel suicide, Florida delegates arrested for assault, a Colorado fugitive, and a large Omaha drill with multiple prize categories.
Report outlines a planned consolidation of independent oil lines into a single system, forming a stock company to pool pipelines from McDonald to Coraopolis and connect with upper-field lines. Notes risks from New Jersey laws and Standard Oil competition, with additional updates on production shifts and field results near McDonald and Sistersville.
Fred C. Blatcher, a devoted member of the Joel Parker Democratic Club of Newark, NJ, died after falling from a Tremont House window sill on a fourth floor early today. He was a well to do New Jersey citizen and prominent in party affairs.
Classic advertising line traces Castoria use from baby to child to mother figures. Repeats emphasize a product tied to family care and childhood ailments across decades.
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