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Pittsburgh Dispatch in Pittsburgh, Pennsylvania

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This newspaper page contains 26 articles. Subscribers can read the full text of each article.

Newspaper

Pittsburgh Dispatch

Location

Pittsburgh, Pennsylvania, United States of America

Date

Mar 04, 1890

Page

3

Real Estate Exchange Plan Moves in Pittsburg Market

Ohio capitalists eye a $500000 real estate bid in Pittsburg via James W. Drape & Co. A Caldwell Street lot sold for $90000 to C. L. Magee for a pin building with offices above the brick structure. Public debate questions bank support for local manufacturers and a Chamber of Commerce meeting on March 5 seeks names for working committees.

James W. Drape Chamber of Commerce A. Lrggate & Co

Local Securities Market Opens Weak Then Rebounds

The market opened apathetic and weaker, with all activity in the forenoon. In the afternoon, prices rose led by Allegheny Heating and Chartiere Gas, suggesting a low water mark or a possible rally. Total NY daily volume reached 182,477 shares with notable totals for Delaware Lackawanna and Western 12,600 Louisville and Nashville 14,590 St Paul 71,015 Union 16,700 Western Union unknown.

Allegheny Heating Company Chartiere Gas New York Delaware, Lackawanna and Western Louisville and Nashville St Paul Union Western Union Am. Cotton Bur Qubner St. Isul Erie Casera Ah B. Aris Hla Col Hockimg Cevenere Tbsms & Heason Lake Erie & Western Lake Erie Lake Shore Thy Louisville & Nashville Michigan Ohio New York Central E &W.ph Norfolk Western Norfolk & Western Oregon Asve Polladel Enaine Poliman Richmond & WY Richmonda E. Apt Dan Fran San Fran St.k Dan F Texas Union Pacific le Western Union Wheeling & L. E National Esd Chicago Gas

Money Market Opens Week in Good Shape Despite Slight Hardening

The local money market started the week in good condition with 6.7 percent for accommodations and adequate funds to meet business needs. A slight hardening is noted due to anticipated calls by the Controller of the Currency and upcoming quarterly settlements in April. Bank officers attribute the New York squeeze to speculation, while com paper shows no advance. Clearing House report is favorable with steady trade. exchanges total 3,016,504.26 and balances 435,806.79. Currency commands a small premium and New York money on call ranges from 1 to 6 percent. Sterling exchange remains weak for 0 day bills and demand.

New York Clearing House Sterling Exchange

Financial miscellany and market briefs from New York to Berlin

The report pools a jumble of financial references across unions, dividends, bank clearings, bullion movements and currency notes. It notes U S securities, Mutual Union, North Western routes, Bank of England bullion, Imperial German Bank specie rise, and U S money rates with call and time figures.

Oil Market Slips Then Rallies Amid Field Reports

The oil market opened weak and briefly plunged to day’s low, then rallied on a modest buying spur and stayed firmer the rest of the day. Trading was lively around 4 o clock with New York and Wil City scalpers driving most activity. Field news notes several wells producing, some dry, with ongoing tests in the Taylorstown and Chartiers Valley areas and a proposed Desmond No 1 near Hart Bros Seilevuo.

New York Wil City Lockwood Reed & McQuiston Marshall Farm Guckert§& Co Knauff Farm Burton Bakerstown South Penn Salem Flack Taylorstown Elyria Oil Company Clayville Wesley Webber Union Oil Companies Brinton Big Creek Hundred-foot

Hickey Wild Cat Well Drills Then Surrenders to Bailout

Hickey wild cat well at noon halted drilling to bail out as West Penn or possibly Standard Oil operates the site. Company has substantial holdings here and may seek to acquire more land, while market figures from John M. Oagiey & Co. accompany the report.

Bakerstows West Penn Standard Oil Company

Petroleum market updates across Bradford and New York

Bradford reports mixed refinery bids with lowest at 2 and highest around 54 3/4 cents per barrel. New York shows firm start at 95 1/2 cents, slipping to about 2 1/2 cents amid forced sales. total market volume reaches 691000 barrels across exchanges.

Bradford Petroleum Sic Asea Om Crry Sige New York March &—Petroleum Stock Exchange Closs Consolidated Exchange Higc

Real Estate Movements Surface in Pittsburgh Area

Real estate notices show multiple transactions. Sarah J. Hamilton sold 919 Penn Avenue frontage near Kirkland Street for 22000 to J Murray Clark. Edward House Jr sold Three-story ware house at Second Avenue near Wood Street for 20000. Blair estate lot on Second Avenue sold for 1000. Swissvale lot with 40 by 125 feet listed at 500.

Black & Baird Fourth Avenue Sarah J. Hamilton Penn Avenue Kirkland Street Charles Somers & Co Wood Street C. H. Love Edward House, Jr J. Murray Clark Second Avenue Tsing W. A. Herron & Sons A. Kennedy Nannery Hill Twelfth Ward Allegheny City Samuel W. Black & Co Fourth Avenus Blair Twenty-third Ward Glenwood Smithfield Street Swissvale

Market Stagnation Lingers With Small Stock Gains

New York trading reopened with dullness and stag nation dominating the session. Prices rose at the open and improved later, leaving overall levels slightly above Saturday, while sterling weakness provided some lift to buyers.

New York March

Market Dips as Telegraph Bill Supports Western Union

Stock market action shows Western Union slipping 1 percent after telegraph bill hopes in Washington. St Paul and Tennessee Coal saw pressure though some rail shares rose. Freemont mining advances but closes modestly lower. Sugar up 1 percent. overall gains modest with few large movers.

Western Union St. Paul Tennessee Swear Saturn Rock Islana Union Pacific Louisville Nashville Freeland Minneapolis St. Louis the Post New England Northern Pacific Washington Senate House Philadelphia Lackawanna New York Stock Exchange Whitnet Stepheneon Pittsburg Wemid New York

Mortgage Totals Quoted and Transport News

Forty two mortgages were recorded yesterday the largest for eighteen thousand dollars. Reports from Chicago say a city passenger rate war is brewing. A brick factory is planned for Wilkinsburg this spring. The Louisville and Nashville Railroad shows an January net earnings rise of fifty four dollars and two cents and a July to December period gain. The Ohio Indiana and Western becomes the Peoria and Eastern Railroad as its Peoria division. Saneca weekly shipments total four hundred fifteen thousand eight hundred forty three tons, down from last year by four hundred eighty five hundred tons. The Pennsylvania Railroad reports coal and coke moved east of Pittsburgh and Erie for the week ending February seventh and a half.

Chicago Wilkinsburg Louisville and Nashville Railroad Company Ohio, Indiana and Western Railroad Peoria and Eastern Railroad Peoria and Eastern Railroad, and Will Be Cnereret Peoria Division CC. C. & Tax Saneca

Drygoods Trade Gains Steam in New York Market

New York drygoods opened briskly on March 3 with strong mail orders and rising demand for bleached shirtings. Cotton goods showed steady movement while reports of broader jobbing activity nationwide buoyed sentiment and local trade anticipated a higher weekly volume.

New York

Mining Quotations Reported for New York March

New York mining quotations list prices for several mines and metals. Entries include Alice at 110, Caledonia B FL 150, Consolidated Virginia 423, Comstock T hid 3000, Comstock T scrip 30.00, Deadwood T 150, El Crist 133, Freeland 100, Hale and Norcross, Homestake 700, Horn Silver 2 percent, Iron Silver 200, North Belle Isle 110, Ontario 38, Ophir 400, Savage 150, Sierra Nevada 215, Sutter Creek 150.

New Yor Alice Caledonia B. FL Consolidated Virginia Comstock T Hid Comstock T. Scrip Deadwood T el Crist Freeland Hale and Norcross Homestake Horn Iron North Belle Isle Ontario Ophir Savage Sierra Nevada Sutter Creek

Grain supply shifts and meat market report for week ending March 1 1890

Board of Trade notes visible grain supply changes Wheat 906,000 bushels down Corn 14,446,000 up Oats 6,078,000 down Rye 1,610,000 up Barley 1,763,000 down Beef market shows 153 carcasses processed, average weight 612 pounds, average price 545 per 100 pounds. Dr Bull’s Cough Syrup briefly referenced in sale notice.

CarcaGco Board of Trade W. Hitt Pittsburg Meat Supply Company Church Avenue Anderson Street Ft. W C. BR

Commission 18 McKee and Hagan Stock Brokers

Commission 18 McKee and Hagan operate at 111 Fourth Ave selling stocks on margin or cash. They announce relocation from April 1 to 108 Fourth Ave.

McKee & Hagan Fourth Ave

No New Features In Cereal Markets Dominate Prices

Domestic markets show firm prices for dressed poultry and eggs, with butter overstocked in poor grades and quoted low. Tropical fruits and choice butter hold steady while Florida oranges near season end and pricey, and abundant onions depress price. Local beans, cider vinegar, and tea trade fill in with mixed movement across groceries.

Liberty Street Commission Florida Brutter—Creamery Elgin Ohio Do Ohio New York Timothy Valencia Messina Bermuda

Grain Exchange Report Shows Buyer Favor Amid Sparse Activity

The Grain Exchange notes no sales on call with receipts of 29 cars. Wheat corn oats and rye figures listed by routes include Pittsburg Ft Wayne Chicago and Baltimore lines. Market remains buyers’ favor except scarce firm corn. flour quiet from light export demand. Prices per carload for various grades and by region are provided, with European demand noted as weak for wheat and flour.

Grain Exchange Pittsburg Ft. Wayne Chicago Cincinnati St. Louis Baltimore and Ohio Lake Erie Europe Iike Ennasivania Ohio Minseapolis Fleur Coe Ees

Markets by Wire Wheat and Corn Rally Amid Firm Tone

Wheat trading was active and prices rose through the day with gains from Saturday levels. Corn followed the firmer trend, oats and pork futures moved higher, while butter and lard showed mixed to firmer moves on a broad commodity market tone intensified by light stocks and encouraging cables.

Coffee Trade Reports From Santos and Rio Region

Market brief shows Santos and Rio region coffee receipts and stock. In Santos week receipts about 35 000 bags with 6 000 for United States purchases and 230 000 bags stock. In Rio de Janeiro firsts 7 300 reis per 10 kilos with 47 000 bags received and 127 000 bags stock.

Rrope Janximo Parenneres United States Santos

Metal Market Roundup

New York reports on March 3 noting pig iron and steel markets steady. Copper weakens with lake region prices around $1400, lead firm, tin active with easy closing near $20.90, Straits area prices listed at $20.90.

New York Lake Michigan Straits

Margin trading item shifts from April to April first

A brief notice states activities in stocks grain and oil trading on margin or foreash with a date change indicating removal of April 1 to 108.

East Liberty Livestock Receipts Steady Despite Slight Shake

Local livestock listings show East Liberty receipts larger with cattle and swine near prior week levels. Sheep and lambs rise 25 cents per cwt with brisk sales. hogs and cattle hold prices as buyers stay cautious. Top hog price reaches 4.30, Chicago price 4.10 per cwt.

Chicago Zeigier Pennsylvania J. Reiber J. Wright Ohio IL. Ziegler L. Rothschild J. Shepher D. Hunt J. Lange Needy & Smith W. Zoller J. Rieber East Liberty Yards Aioss Liberty

Beef Market Windows Dubious Trade Across Regions

New York and London cables report mixed cattle and hog receipts across major markets. Cattle prices range per hundredweight with steers and fat oxen showing firm to higher tones, while hogs and sheep reflect firmer demand and modest gains. Strong activity noted in Chicago and St Louis with ongoing weekly totals and regional variances.

Pirtsntung Dispatch Chicago I. Zeigler Gerson A. Fromm L. Rothschild Ohio D. Hunt J. Shepherd Pennsylvania J. Reiber J. Wright J. Bebler Diamond Street Herr’s Island New York James Texas Drover's Journal London Kassaa Crry St. Louis

Ramie Fiber Cloth Deemed Superior to Cotton and Wool

Washington Agricultural Department botanist reports ramie fiber weaving as a successful process. The fiber is expected to supersede cotton and wool in cloth manufacture due to lower costs, without harming cotton growers who could switch to ramie.

Washington Agricultural Department

Engineering Feat Lifts Feather River for Gold Drainage

A California project reports lifting the Feather River fifty feet and carrying it in an artificial bed for over a half mile to drain near Overville. Completed in just under a year the aim is to reach rumored rich gold deposits in the riverbed.

California Feather River Overville

Illness Claims Tie to Carters and Liver Ailments

A fragment notes sickness involving carters and a sick headache linked with liver concerns. It mentions Little Liver, Pilla, and Filis in unclear context, with no clear action or outcome recorded.

Also Mentioned on This Page

William Homes East End Local Securities Andrew Caster Chartiers Philadelphia Gas J. Jenkins & Go Central Traction Long A. Hid Commercial Sa Bank Ass Exchange Sa Hank Union National Hank Ees City Insurance Monongahela Ins Aviecheny Heating Ga Sal Bridgewater Gas Chartiert V. Tras Co Neary I. Ro Ibrenal Ivania Gas Co Fenecine Tins Lphin Central Elon Od Uisens Ae Ted Tse Sesee Baie Picaeant Valley Allegheny Valles Fers Maliway Ae Connelise Oes Pillsbure G. Eon Slilverton Mink Westvn Se Electric Graulte Ronflug Co St. Ongabela Sav Anes U Extinghouse Airb Ley Wey Grocers’ S Fo Weatern Tite A Philadelphia Gan U.S T. Gen Mutual Union J. C. Ing Gert Rormern Tak Riri Northern Pac Tds Ovo CENE Hsa Chi & Pe Ista Union Mac Kk. &T. Gen. Gs New Yorke Boston Bank of England Berlin Imperial Bank of Germany Hickey Wildcat John M. Oagiey & Co Sixth Street Pittsburg Petroleum Exchange A. B. McGrew Otder OF Marketa Boston & Albany Boston & Mont West End Land Co Beit Tetephone Lamontores Allowex Mg Co BET Powers Stephenson Pennsyvranis Railroad Pennsylvania Railroad Drygoods Sue Dr. Bull Commission Montpay Java Maracaibo Bantos Caracas Rio la Guayra Peaverry Choice Rio Cassia Koga Rick Ead Carolina Cie Choice Abe Louisiana Ornia Muscatels Sultana Apricota Higgins Eureka Lake Man Haddock Iceland Ong Speculative Board Tme Tgo At—O. Arch Arti Brower Abta Nenneieg Jaly So Sisee ATS Jane Sgaigwr Miss Pork Perta Goge Ozig New Orleans Cotta Oil Western Steam Western Dairy Minnesota Milwaukee Baltimore Lie East Liberty Liberty Live Telegraph RAMIE Zoroaster Mohomet Newcastle Eng Chronicle Zarathustrs Zerdusht India Buddha Confucius Mahomet Spitami Bactria Balkh Nolé Tsssu J. W. Arrott Standard Building Siand Kittsar Ra fel-Tr Joseph Horne & CO St Gall Tell du Nords Rm Wholesale Swayne Jas. D. Callery John W.taylor City Savings Bank Sixth Ave Smithfield ST Jys-Tts Burdock I and Makenpeck Secerers—Financial Messrs. Drexel, Pet &Co Fort Worth Buffalo County Nebraska UC. H. la Wichita Kansas North Chicago S. A. Kean & CO John M. Oakley & CO
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