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Newspaper
Pittsburgh Dispatch
Location
Pittsburgh, Pennsylvania, United States of America
Date
Jun 26, 1890
Page
3
The June 25 market at East Liberty shows heavy cattle and grass-fed offerings. Rail strikes diverted stock to Pittsburg and prices varied with lighter demand for grass cattle. hogs and sheep traded unevenly with some declines and others steady gains.
Telegraph reporting from Chicago shows Drovers' Journal noting cattle receipts and bids with market activity steady to lower. Texas and Indians and Texans appear in beef and lamb markets, while St Louis and Cincinnati show hogs and cattle varying in price and volumes amid heavy shipments and steady to slower demand.
In Deggeeds New York on June 2 there was a further rise in demand for new prints and notable business with prices. Orders for staple cottons remained fairly steady from interior trade centers as market conditions held steady in tone.
Trading in pig iron near New York remained subdued as domestic demand cooled and stocks stayed stable. Market chatter hinted at a firmer tone once Straits shipments resumed and prices ticked up slightly toward midday.
In Paris a persistent con man targets slot machines by inserting lead shaped like pennies, tricking the machine into paying out with cigars perfume and other prizes. The swindler uses piled lead to empty the bank, while shopkeepers lament the device’s exposure and its endangering usefulness.
Illinois Republican veteran Colonel A. M. Jones recounts a story about Abraham Lincoln. In a party height bet, Lincoln steps under a door jam rule and raises it until the bet would be humiliating to concede. Lincoln quips that his height will extend when he stands tall and speaks.
Real estate activity in the East End leads with Black & Baird completing a 1000 foot frontage on McPherson street Boulevard place for 20 stone houses to be built this summer. W P Powell directs work after spending time in Paris, while 18 to 20 houses for Mrs Isabella J Sergeant on Beatty street near North Highland avenue are nearing finish.
Money on call in New York remained firm with oney at perce and 4 sg for 0 day bills. Sterling exchange eased to 4 sg and demand at $488. bank clearings reported at $12,708,000 with total clearings and balances noted alongside.
The first stock call yielded few figures with no sales. the second showed two deals totaling 110 shares. Luster and Electric were the only stocks showing life while Philadelphia Gas rose 2.7 percent. Bearish sentiment prevailed amid weak notes in Central Traction Pleasant Valley and Electric.
Oil trade shows no activity with about 12 000 barrels moved during the day and Tuesday's clearances at 1200. Patterson Brothers begin sinking a Bellevue field well. the Jones well is 300 feet down and Heine No 1 tests the third sand near the 5 foot horizon. Bear Creek well to be pumped after salt water vein strike. Miller well on Keystone farm expected to reach pay streak. Market features noted by John M Oakley & Co with limited pricing and reports from New York.
The snippet lists scattered company names and locations such as Santa Fe, Boston Land, Calumet and Hecla, and others with partial figures like 2208 Franklin and 484 San Diego. It reads as a damaged catalog of mining and land concerns with unrealized context and incomplete entries.
A New York Sun piece explains shark fishing. It details gear such as two to three hundred feet of rope a big steel hook and a chain leader. The method includes a float and bait and a tug of war before hauling the shark ashore for disimpaling the hook. The shark is clubbed and the mouth kept open to remove the hook.
New York June 25 Reading stock led a dull market as investors awaited developments in the silver bill, railroad frictions, and the Sugar Trust muddle. Reading rose to 47 from 44 7, aided by buyers tied to successors of Mr. Corbin’s faction, while Atchison rose nearly 1 percent. The overall session stayed quiet with minor bond movements and coal stock adjustments, signaling cautious but firm closing levels.
The report notes improvement in checking and heavy depositing as fall trade continues. Local banks show no material change from prior days, with funds sufficient to cover July settlement drains. Nationwide money is easy, with higher seasonal use, a factor financiers cite against free coinage of silver. Railroad earnings rise while crops remain in good condition. it is early to forecast Be.
New York letter reports Marion Manola refused to pose in tights for a photo. Ben Stevens and De Wolf Hopper used the fuss to hype her at the stage, arranging a flash photograph that caused a sensational public reaction and boosted show business. Manola remains irate but continues to sing each night under protest.
Ex congressman W L Scott enjoys success on the turf and in politics amid reports of a dyspepsia cure. He has overseen a property purchase near his Scott coal mines at Scott Haven Pa with overlying coal prospects. Mines lie in the Youghiogheny Valley and the new tract sits in the Monongahela Valley, deemed highly valuable.
Ed Gaston of Dallas and Charley Johnson of Tyler with Dr A Rush and Captain Henry Hicks left for a fishing excursion on East Fork. They allegedly departed without proper funds or common prudence, shocking local observers who fear for their safety during the trip.
Market notes show light supply of choice strawberries with excess inferior stock and hot weather hurting high quality berries. Blackberries and watermelons enter freely from Georgia with prices drifting lower. large melon prospects strong. Eggs dairy and sugar trends mixed with firmer coffee. oranges apples and canned goods list varied prices across multiple items and regions.
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