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Newspaper
Pittsburgh Dispatch
Location
Pittsburgh, Pennsylvania, United States of America
Date
Jun 28, 1889
Page
7
The report notes small cattle shipments this week. pig and hog markets firm with some gains, while Pennsylvania Railroad traffic shifts to Baltimore and Ohio. Woolen trade flags June activity as rains dampen light colored goods. June volume lags but first half 1889 exceeds prior year. The piece contrasts domestic woolen costs with cheap imports maintaining market pressure.
Telegraph data shows receipts: cattle 2 015 head, heavy shipments of steers slow, native and Texas cows steady, stockers weak. sheep 1 105 head, good to choice mutton. hogs 3 900 head with market strong. lambs and ewes in load through sales with demand prices a shade higher. Western and Texas cattle demand noted. overall market mixed but leaning higher on some tracks.
List of patents issued to Western Pennsylvania Eastern Ohio and West Virginia inventors on Tuesday June 25 188 furnished by C D Levis patent attorney. Names include William Ager Bloomsburg William H Kaisey Midlburg Jobs W Bookwalter Springfield and others for devices such as annealing box automatic cut off gas regulator fireplace beater hand car airbrake canal supply overflow silliman and more. George Westinghouse Jr and F M Len listed for compound engine.
An advertisement notes imported claret wines including Medoc St Estephe St Julien Mar Pontt Canet Chauteau Belair Leo te 1882 Cheuteau Mounton Roths ch 1875 Chauteau Leoville Chauteau Chateau Laviac and other 18$4 Medoc Monopole offerings by case. Wa J Ferpay. 633 x as wrsu.
The wheat market was less active with prices easing from yesterday’s close. July to December futures fell several cents while corn trades softened after an initial session of stronger activity. In the produce market, butter and eggs held firm in New York, while flour and wheat options were bearish across Philadelphia and St Louis as traders reassessed crop prospects and rain signals in Russia.
Advertisement notes a large assortment of pieces at Johnston's 706 Smithfield Street with wholesale and retail options. Promises lowest prices, first quality goods, and full warranty as a major city display.
A Pittsburgh real estate report notes large transfers in Allegheny and Wilkinsburg areas with prices near 100000 for Lincoln avenue residence and 60 per front foot for a Moore Law lot. Sugar Trust discussions raise consumer prices and a Wilkinsburg resident questions causes as markets pull back.
The market was more active yet sentiment remained weak with bids generally below prior levels. Total stocks traded in New York yesterday reached 161,804 shares, led by Electric and Philadelphia Gas amid small lots and cautious buyer interest.
Alles & Bailey of 154 Fourth avenue arranged a 10000 dollar five year mortgage at 4 percent on a Fifth Avenue business property free of state tax. W A Herron & Sons offered No 10 in the Moore plan on Oakland Avenue Oakland size six 160 for 4000 cash or 80 per front foot. Black & Baird of 05 Fourth Avenue sold Lot No 188 in Baum lane area near Baum Street to Henry Averman.
Markets showed slow discounting and weak general activity. Depositing offered the sole redeeming feature as 8 Nbree movement appeared in regular lines of trade. Money on call in New York stood at 5 percent, with sterling steady at 60 day bills.
Trading in futures began at the Petroleum Exchange with the new system well received and market activity modest yet steadier than under the old plan. The July option opened at 91.34 cents and traded within a narrow range before closing near 91.25 cents, with cash oil and July deliveries at similar prices. Corrected daily by a Pittsburgh firm, the report notes no major market shocks and steady Thursday clearings of 1,800,000 barrels.
Consolidated Exchange highlights varied results with a clear highest price point and a lowest, noting 7000 barrels closed. Certificates opened and closes are cited with percentages and a closing price around 4c, reflecting diverse activity across markets.
A quiet trading day on June 27 finds the stock market firming early but ending with small losses. Distillers and Cattle Feeds Trust climbs from 44 to 4714 before retreating, while Lead Trust remains active. Erie and Reading earnings poor, London detaching, gold shipments to Europe influence, and overall weakness late in the session.
Closing quotations for Philadelphia stocks are listed with entries including Pennsylvania Railroad and Atchison Topeka. The sheet notes various lines such as Wisconsin Central and Boston & Albany among others.
The U S steamer Adams at Honolulu is ordered to Samoa, taking the place of the Alert and Nipsic en route to San Francisco. Other items note homeopathist board access protest, a Duluth to Boston rail reroute, and various foreign and domestic concerns.
Market report notes steady creamery prices and no price gains for cheese, with watermelons from Georgia at 25 to 5 per hundred. Eggs firm, strawberries and bananas firm, potatoes drifting downward, and tropical fruits like lemons and cocoanuts listed with varied prices.
Green coffee retreats from highs by 3 cents while recent days show an 85 point advance and markets close firm. Sugar prices stay strong with a wide array of coffee types and syrups listed, including Rio varieties, Mocha, Santos, Caracas peaberry, and government Java among many regional lots.
Readable parts show hay and timothy pricing with figures like 5 and 1 2, packing straw and oats prices, plus straw values around 700. The OCR mix includes numbers, unit names, and partial descriptions without full context or dates.
A fragmented price list shows sugar cured hams in various sizes and forms with prices from 4 to 14 dollars, sugar cured bacon and shoulders, dried beef fats, refined lard, barrels and pails, and pork products priced in cents per unit or by quantity. Pigs feet and related items appear with barrel and quarter barrel prices.
Armour & Co publishes dressed meat prices including beef carcasses and related products. The listing covers meat types and pricing details, noting carcass weight ranges and supplier references.
Iron markets show strong activity in New York with copper steady. Tin remains firm while lead and zinc show dull domestic demand. Prices cited: July at regionally reported levels, with copper at $1100.
Judges Collier and Single heard the Liggett estate appeal over Smithfield street valuation set by City Assessors at 2800 per foot. The court found the figure too high compared with Fifth avenue assessments and reserved decision. Mellon appeal in Ninth ward upheld the land valuation at 29590 with buildings valuation left as is.
Ben F. Able of the Twenty first ward was granted a divorce from Jennie Able after testimony of abuse. He married in 1883 at age 18 to a widow with two children. He described cold meals, thrown dishes, a butcher knife incident, and threats when he objected to his wife's infidelity.
In a probate case in Orphans Court Mrs Harriet Knox of Winebidale avenue left her estate to a sister by will signed simply Harriet not signed by her husband who objects arguing the instrument is invalid for lack of signature. Judge Opergomeraes heard the case with Attorneys Jennings and Thorp but no decision was rendered yesterday.
Local officials report two branches of the Criminal Court will run from Monday through mid July. Pleas were entered by Jacob Bertler and W M Aubrey on liquor and embezzlement charges while others faced fines and sentences.
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