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Newspaper

Pittsburgh Dispatch

Location

Pittsburgh, Pennsylvania, United States of America

Date

Mar 01, 1890

Page

3

Iron market dullness hits Western trades

The Iron Trade Review notes a sustained quiet in the West with mill and Bessemer irons down sharply over weeks. Prices drift lower by 1 to 3 per ton from late last year as speculators unload, while makers hold firm on standard brands. Steel rails show orders mounting toward summer amid cautious optimism for the year.

Ofnrick OF Pittsburg Dispatch Mill Bessemer Irons Bessemer Iron Bessemer Domutral Wells Bert P

Exposition 1892 to Boost Iron Market and Mills

Philadelphia February 9 iron manufacturers expect the Exposition of 1892 to lift demand for structural iron and pig iron. If held in Chicago, it should push up East Coast orders while keeping Southern and Pittsburgh mills busy. Prices quoted include No. 1 pig at 20, No. 5 at 16, and various bar and rail products with steady to slow buying in small lots.

Philadelymia Chicago Pittsburg Asto LIMA

Market Quietness Persists in Steel Trade

A report from St Louis and Cincinnati dated February 23 notes lingering market quietness with rising orders for carload lots indicating potential stock depletion. Southern furnaces and Ohio softeners mostly hold firm on prices while demand skews toward March. In Cincinnati dealers call for liberal buying as stocks wane and mills seek existing contracts.

St. Loum Rogers, Brown & Menckham Southern Ohio St. Loui St. Louis Missouri Gras Euronets Rsca Owen Cevsss Atte Irons Csee Anak Uvar Deh Bani Siren Vconnelishly Seestaeneee Cees St. Lamie

Iron Trade Hovers Amid Mixed Demand in Cuiiacao

February reports from Brown & Co. in Cuiiacao state that iron demand remains steady for softeners and small lots while resales by consu pa ers are sporadic. There is little output change or consumption shift, as buyers delay purchases awaiting price and market clarity.

Cuiiaco Lecers, Brown & Co Osmoad Conaupers

New York Quotations and Market Notes Amid Mixed Signals

New York quotes show limited movement with some firmness in steady domestic markets. Tin remains quiet and firmer as Straits trade steady, while Lake Michigan prices and broader commodities show mixed readings and modest gains.

New York Lake Michigan

Commission One Eighth. Peace & 111 Fourth are

Fragmented OCR text about securities and commissions with unclear names and places. Not enough legible details to form a coherent news item but preserves entity density.

Peace Grein Apvestment A. Tts

McKee and Hagan Move Into Grain and Investment Trading

McKee and Hagan at 111 Fourth Avenue announce purchase and sale of stocks, grain and investment securities on margins or for cash. TIG

Commission McKee & Hagan Fourth Ave TIG

Markets by Wire. Wheat and corn fluctuate as weather hurts crops

Unsettled trading in Chicago wheat shows outside moves and local buying amid cold Missouri weather and crop damage reports from Michigan. Corn trades modestly with local operators. pork, lard, and short ribs rise in value while butter and coffee markets firm. Futures and cash quotes vary across Wheat No 2, oats, rye, and flour markets with receipts and shipments listed.

Missouri Michigan Mar Shy Stheau Alicencasityer Uae Oata New York Cuba Boston New Orleans McKarer Western Steam Jane Hutter Ejein Western Dairy Western Philadelphia Toc Kagram Twentieth Street Wice Pennsylvania Eges Firsts

Wool Market Summary Rough and Mixed Trade Activity

Wool market steady with limited sales totaling about 1,400 pounds across types. Prices hold with concessions needed for larger lots. regional bids show varying rates from Ohio to California. Pulled wools dull, foreign wools quiet but firm, Australian wool prices quoted as well bid.

Bostox Ohio Michigan New York A. L Idec Texas

Bank stock hits record price and local bids noted

Thirty three mortgages recorded yesterday include a top bid of 5500 for Farmers Deposit National. Building operations hindered by bad roads impede wagon movement. Strockso phens of the Suspension Bridge Company to hold a meeting next Monday for officer elections. Keystone Bridge Works shipped the first half mile of iron work for Chicago elevated railway. Hiter Conley construction of oil tanks ordered for South America. Sterrett township School Board awards contract for a one story four room schoolhouse on Brashton avenue. work to start soon.

Pitsburg Farmers’ Deposit National Strockso_phens Suspension Bridge Company Keystone Bridge Works Elevated Chicago Messrs Hiter & Conley South America School Board of Sterrett Township Svere Tts Brashton Avenue

Duquesne Tractions Trunk Line Advances Across The East End

A prominent Oakland residence near Ursuline College changed hands for 20000 dollars through Herron & Sons with seller identified as Lewis W. Dalzel. Capitalists from Butler plan a large electric plant as a new trend in town growth while a Westinghouse airbrake test in India garners praise. A branch railroad from Hecla to Mt. Pleasant opens a new coke field with 310 ovens planned by Hostetter and Hecla firms.

Oakland Messrs. Herron & Sons Lewis W. Dalzel Ursuline College Moorhead Edgewood Hecla Mt. Pleasant Hecla and Hostetter Coke Companies H. Co, Frick Company Hostetter Company Hecla Company Pennsylvania Company

bears in clover market recap shows continued weakness

Market commentary notes local securities holding firm despite short term declines. Bears prevail briefly as investors seek bargains, with room for losses in street railways and mixed results in utilities like Philadelphia Gas and Chartlers. Prices end near day’s lows with limited activity.

Rooma Pleasant Valley Central Traction Pittsburg Traction Citizens Philadelphia Gas Chartlers

Stock Sales Report From New York Market Activity

Henry M. Long sold 14000 Pleasant Valley 6s at 10334 and interest and 50 shares of the stock at 25. Whitney and Stephenson sold fore call 100 shares Pleasant yee 24. The total stocks traded in New York western ny totaled 184681 shares with Delaware Lackawanna and Western at 15.0 percent Louisville and Nashville 8579 Missouri Pacific 6007 Northern Pacific 6883 Reading 1500 St Paul 13450 Union Pacific 20750.

Clearing House Reports February Gains and Steady Exchanges

The February Clearing House report shows gains over last year with exchanges totaling record levels for February. It notes a strong money market, steady balances, and firmer rates in line with eastern trends amid cautious banking behavior.

Clearing House Kerport Clearing House Diet New York At & Prime Mercantile Lovetine Crcnases

Oil market quiet as month closes with shifts to April

The oil market ended the month weak and inactive with no squeeze. Trading moved from February to April as cash offered below regular. Major wells in Perrysville, Shef field, Turkeyfoot and surrounding districts reported steady flow, with several new drillings and acquisitions including Clayville lease sale to Union Oil.

Thursany Ivory Farm Perrysville Road Harton, Crary & Co Gusher Sheffield Raynolds & Galbraith Herron Farm Turkey Food District Finegan & Co Patterson Farm Scott Hookstown Shannopin Mechling & Co Grace, Jennings & Veasey Horst & Co Irvine Farm Myoma Butler Field Kanawha Oil Company Young Farm Lockwood Ingram Mt. Morris Clayville Caisse Farm Union Oil Company

Oil Producers Face Grangers in Farm Lease Battles

Farmers react to oil lease disputes as producers face tough terms and legal aggressive tactics. A Stews Township farmer reportedly edged ahead of oil companies, while other wells show limited oil and gas prospects. The Ferree and Anderson wells near Coraopolis and Robinson Township hint at modest returns as projectors prepare equipment and await results.

Stews Township Supen James Negley George Ferree Coraopolis Anderson Farm Robinson Township Ivory Farm Perrysville Kendall Craopolis Ferree

Oil Stream Found Near Parkersburg Sparks Local Excitement

A Parkersburg resident on Worthington Creek reported a hillside slide yielding a natural oil seep. A large crowd gathered as the Oil Neoc-nnauat noted a persistent oil stream, signaling a potential reservoir beneath the hillside. Prices and market notes from regional traders followed, reflecting high crude interest.

Parkersburg Toothman Worthington Creek Dadmlers Surtebe

Suburban Movement Brings Oil Tool Factory to Coraopolis

A new manufacturing firm arrives in Coraopolis prompting growth plans. Jolly offers three acres while the company seeks five, aiming to expand the population's prospects. Lasbell & Rankin sold two Watt street Fourth avenue corner lots to Fox, who intends to open an oil drilling tool factory near the railroad.

Coraopolis Jolly Lasbell & Rankin Fox Watt Street Fourth Avenue Pittsburg and Lake Erie

Petroleum market report from February trading summary

In February 28 trading Petroleum opened at and closed with mixed highs and lows. Reports show 654 000 barrels sold with 85 814 barrels shipped and 100 186 barrels run. No clearances reported and charter activity noted.

Om Crry Petroleum Brapromp Sic

Real estate and mortgage sales listed by Pittsburgh firms

Land and Rouse column details active property deals: I M Pennock sells center avenue residence for 7000 cash to Leo Reed, plus multiple farm and city property mortgages and other transfers. James W Drape & Co lists numerous parcels in Washington street Mansfield East End and Johnstown, plus large mortgages and stock moves. C H Love sells Crag and Washington corner property for 9000. W A Herron & Sons advertises eight room brick house in Duquesne Heights at 2200 with initial payment. Reed B Coyle & Co names parcels along Thornton pence, Coraopolis, and Lake Erie road for 350. Many mortgages and new plant lease deals noted.

I. M. Pennock & Son Center Avenue Wytle Avenue Thomas H. Hunter Leo Reed Indiana County McKeesport James W. Drape & Co Fourth Avenue Washington Street Southside Mansfield East Exod Lincoln Avenue East End Allerbeny Hiland Avenue Fast End Johnstown Seeralt and Chemical Company C. H. Love M. Mawhinney John Tarn Crag Washington Streets W. A. Herron & Sons Bath Range Duquesne Heights Incligie Jd. E. Glass Fifth Avenue Thirteenth Ward Alles & Bailey John Krill Milwaukee Sixteenth Street John Winter Reed B. Coyle & Co F. J. Fox Thornton Pence Man Coraopolis Pittsburg Lake Erie Road

Market Dull as Bears Drive Money Rates Up

New York stocks opened narrow with most movement in few names as bears bid up money rates before month end. Rates touched 10 percent briefly, settling near 8 percent. Losses appeared in some coal issues while Wheeling and Lake Erie preferred climbed on coal contract gains.

New York Bears Washington Eee London New England Tennessee Colorado San Francisco Boston Union Pacific Wheeling and Lake Erie Oregon Short Line Colorado Coal Lg Wheeling Jake Erie Rose Py New York Stock Exchange Wits2yy & Sterphengon Pittsburg Fourth Avenue

Cereal Market Slows with No Revival Seen in February

Domestic markets report lighter cereal receipts and little sign of revival. Fancy apples demand rises slightly while cheese prices advance in the East but overall markets remain unchanged. tropical fruits active and fresh eyes scarce. Prices for coffee tea and canned goods firm. weather cited as adverse factor.

Commission Elgin Ohio New York Limburger Tropica Florida Valencia Messina

Grain prices steady with buyer-favorable market in Grain Exchange

Receipts decline over recent days as dealers anticipate firmer markets. No sales on call except one car of ungraded stock. Bulletined receipts list 29 cars with various grains and feeds from Pittsburg Fr Wayne Chicago and other routes. prices given for carload lots of No 2 red wheat, No 2 yellow shelled corn, oats, hay, middlings, rye, flour and bran with ranges and terms. overall tone remains quiet and buyer favored.

Grain Exchange Pittsburg Fr. Wayne Chicago Cincinnati St. Louis Baltimore and Ohio Leke Erle Pittsburg and Western Rye Eeca Ohio

Sugar cured meats and lard products listed for sale

A fragment lists sugar cured California hams and dried beef flats, sugar cured red beef sets, bacon with clear sides and bellies, dry salt sides, pork mess and lard refined. Includes prices and barrel quantities such as half barrels and quarter barrels, with mentions of smoked sausage and hog products.

California

The Kitchen Market Offers Fresh Fruits and Staples

The Diamond Market lists a wide range of produce and meats with steady prices. Florida tomatoes Bermuda onions rhubarb and lettuce appear with widespread items. eggs butter and poultry show little price change as Lent influences demand.

Florida Bermuda Jersey

Live Stock Markets Report from Pittsburg February 3 1590

Office notes Pittsburg Din Friday reports cattle receipts 169 head shipments 1504 head with market quiet. Hog receipts 1800 head shipments 1500 head market firm with medium and selector hogs around 5.00 to 5.25 per hundredweight. Sheep receipts 400 head shipments 0 head and market steady at unchanged prices.

Pittsnurg Din Catrie New York Texas St. Lovuis Kansas Hoge Lle Tiga Ta Aloe

Cattle and Hogs Market Totals Amid Varied Receipts

Regional market report details cattle and hog receipts across multiple cities with mixed price trends. Hea d heep and lamb values show softness in some markets while others note steady or strong feeding cattle.

Mining stock quotations from New York on February 2

A list of mining shares and bids with prices and notes including Alice 115 Amador 100 Aspen 50 Caledonia and H 1 Consolidated California and Virginia 400 Comstock T bid 3000 Comstock T scrip 3006 Deadwood T 165 Fil Cristo 125 Horn Silver 2 Ontario 410 North Belle Isle 100 Small Hopes 110 Sutter Creek 135.

New Yor Alice Amador Aspen Caledonia & H Consolidated California

Mystery at West Puntxs: Death of Samuel Reynolds

Samuel H. Reynolds of Springfield, Mo., founder of Reynolds Lippin Yarborough nursery, was found dead on a street in West Puntxs. The body lay in a natural pose with an empty card case. His watch and chain were missing. a gold watch and chain were later found in his trunk. No violence seen and cause uncertain.

West Puntxs Samuel H. Reynolds Springfield Halstead Reynolds, Lippin & Yarborough

Redistricting Bill Approved by Maryland Governor

ASNAPOLIS February 28 Governor Jackson signed the act redistricting the State. Five of six Congressional districts are now commonly conceded to the Democrats.

Asnapolis Jackson Maryland

Ill considered late news brie f from various locales

An assortment of brief items covers events from Mexico City to Alabama. Topics include editorials arriving in the city, sanctions against Indians in Yucatan, Emin Pasha’s recovery, a fatal shooting in Georgia, a physician’s death, a deadly assault and throat cutting in Athens, grand jury critiques in New Orleans, clergy moves in Philadelphia, missing signals about a U.S. station, Armenian Church reforms, presidential communications on condemned murderers, a land suit in Alabama, fishing plant contracts in Ohio, a Granite Manufacturers Association formation, and a Birmingham murder case with mob violence aftermath.

Earle Pogey Dexter Malcolm Campesom E. A. Kilbourne Fomnaty Brown Washington Athens New Orleans Grand Jury J. Mervyn Donahoe San Francisco and North Pacific Railroad Baroness von Schroder San Fran

Cotton Seed Trust Suit Seeks to Halt Dissolution

William Wall amends a complaint in federal court seeking to bar trustees Samuel Thomas J L McAuley Jas H Benedict and Edward Urquhart from dissolving the American Cotton Seed Oil Trust before its 21 year term ends.

New York William Wall United States Court Samuel Thomas J. L. McAuley Jas. H. Benedict Edward Urquhart New York State American Cotton Seed Oil Trust

Also Mentioned on This Page

Iron Trade Review Fefrci Dullnens Minneapolis Maron Iowa Minnesota Toledo Wool Market The Lawrence Bank Duquesne Jacob Wainwright Charleroi Monongahela W. D. Tlartypes J. W. Moore W.C. Bullitt A. F. Chandler George W. Crouse Duquesne Traction Company Lts. Baird East Liberty Valley Wilkinsburg Braddock Butler Prospect India Westinghouse Babcock and Wilcox S. A. Goodwin Norman and Dietrich H. A. Current J. W.ow A.J. Ballard W. Hedley J. Rushworth Aland M. Rae Mouxing Iana Sarlags Hank Arsenal Eee Sane Bone Bas Monvuueasone Chartiers Gas Co Ares One M. i Seus Sonivania Gas Co Sens Wheeling Pitts Pittsby & Connellate Mongnhela VW Eatinghouse Ayogant Valley U.S. An M. K Mutual Union Northern Mac Louisiana Northw Missouri F Deben‘s Oregon & Trans. Be St. 1 C.M. Gen Paul Concels Con Pacific St Chi & Pe Pe. L. G West Isa Union Pac West Smote Seeren- la ML. Kh Na EA Eien Seone Erees New York Exchange Loxiboon England Parkersbourg Olonginoos Fiuold John M. Oaxley & Co Sixth Street Pittsburg Petroleum Ronceae Mae Refined Iverpeel No Tool Works Wall Street Whitney Stephenson Svenus Mia Pennsrivanis Cotton Oil Trust Canada New Jersey Quincey Ols C Aligeens P.M Northwestern Sian Hocking Val Nile Hudson Porry Owen W Denver Kio G Tin Va Soon DB Lake Erie & West St. L Oregon Vans Polladet, Steading Richmona W. Pot Ssmond & W.P Minn Sane San Bran San Iran Sane & Man Wheeling & L Rio Maracaibo Santos Caracas la Guayra Peaverry Prime Rio Das Ordinary Biaestle Carolina Sage Salonica de Ivien Sicily Smyrna Coord Iggins Finnan Haddock Lie Pfi Staples Ocean Products N.Y la France East Liberty Telegraph Tile Street Briep Illinois Mexico Traconis Yucatan Emin Pasha Bago W. H. Wibbert St James’ Episcopal Church St. Peter's Church R. J. Boylan, Jr United States St. Vincent War Station Porte Harrison Halford Xe Vassa Henry Jones Edward Smith George Keys Montgomery Ala Mobile and Girard Mobile and Girard United States Fish Commission Put-in-Bay Messrs. Shaw, Kendall & Co O.tis Granite Concerns Maine Connecticut Granite Manufacturers’ Association of Dick Hawes Birmingham Mayatul Irene Iynen Hawes Cotton Seed Trust Salt Carter Rter Dolif JAS. D. Callery John W. Taylor City Savings Sixth Ave Smithfield ST Joseph Horne & CO St Gall Fiesncioga Renfrew Jalt-P Fort Smith, Arkansas Amber OF Femmats Fort Smith Ark Brokers—Financial PVH NEY @ STEPHENSON John M. Oakley & CO Bankeehs and Breoekers ST. Pittsbure
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