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Pittsburgh Dispatch in Pittsburgh, Pennsylvania

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This newspaper page contains 18 articles. Subscribers can read the full text of each article.

Newspaper

Pittsburgh Dispatch

Location

Pittsburgh, Pennsylvania, United States of America

Date

Mar 06, 1891

Page

7

Quiet Market and Rail Trade Fallout in Steel Consolidation

The Iron Age notes a quiet US iron market with Northern New York ferraces benefiting from less competition and light Southern foundry offerings. It reports a failed Scranton Steel and Lackawanna Coal and Iron consolidation, predicting a demoralizing effect on rail trade and widespread price pressure, with 14,000 tons of sales and broad market quietness across billets, ferro alloys, and rails.

Dispatch New York The Iron Age Mahonings Shenango Cray Forge Southern Spieceleisen Ferro Scranton Steel Company Lackawanna Coal and Iron Company Scranton Sonal New Consolidated Company Toen Lackawanna Company Scranton Company Stranton Company Hall Makers’ Association Shell New England Jersey City

Light Sales Mark Foreign Metal Markets Steady Prices

The London pig iron market shows little movement with light sales and steady prices. Copper and tin trade remains cautious as outside buyers and consumers hold back while hopes of demand recovery appear limited. Steel ship orders are offered at reduced prices with limited demand and inventory tightness persists in Swansea.

Wwrec TAL Telogomam London Neem Dia Scovel Cleveland Swansea Pcope I- Hens Steel

Metal Market Summary Reflects Quiet NY Iron Copper Tin

New York market notes show pig iron quiet and copper neglected with nominal activity. Domestic tin quotes listed around $19 and $0 in available figures, indicating limited movement and uncertain pricing.

Big tumble in coke shipments as demand rises

The coke trade faces a sharp decline in shipments while demand grows, leaving the region idle and furnacemen in bad shape. Only about 700 ovens remain active with 14 400 idle, and freight reductions are seen as essential to ease the industry’s distress.

Pepeclal Telegnam Dieratoe ScorTpass Hainey Operstor Ninger Penineville Roungeniin Cleveland W. J. Maines Rainey Pittehorz Pittsburg Pitteburg Pittburp

Great Wheat Market Activity With Pardridge Leading Purchases

Chicago trading saw Pardridge leading aggressive buying in the wheat pit as brokers snapped up large lines amid bullish cables and heavy selling by others. May wheat moved from 1 to 1.00 to 1.04, then weakened. corn and oats followed the shift with volatile moves. pork and lard prices held firm while flour and butter markets showed steady to firm tones.

Chicago Pardridge Mitchell Hutchinson Driver Linn Hirom Cadahy Kennett & Hopkins Baldwin & Farnam Kansas City Liverpool May Haxter March Park John M. Oakley & Co Sixth Street Chicago Board of Trade Sis Erty SOO Babe New York Usl¢E Coon Shorts Herry Ige Gye Shae Sye Sandge Ste. Juiv. Ste Pacific Coast Ste Western Elgin Sige Ohio ST. Louis Rice SS Apellac Corm Oates Timothy Hran A.c. Hutter Minneapolis Baltimore Eady

Real estate market activity and food cost outlook rise in city

The city real estate market shows several deals and a surge in cheap lots as workers seek home ownership. A farm sale near Tarentum and stock movements highlight the period, while forecasts suggest beef and sugar will soften food costs amid varied market signals.

Grounded dispute hits Gravel and Gold Mining stock

The stock market featured a striking action against the Consignees Gravel and Gold Mining Company over claims its shares are not fully paid and are not non-assessable as stated. The company has $1,000,000 capital with $10 par value, and the outcome could mark a first in exchange history.

Consignees Gravel and Gold Mining Company Boston Philadelphia

Washington county well and stock market notes

Expectations of a dividend are strong for the Washington county well. The Tractions showed little variation as New York and Cleveland Gas Coal moves were passable on bids. Total sales reached 444 shares with 25 Electric. Transactions list multiple small lots of Philadelphia Gas Electric and Luster stock on varied bids and calls.

Fifth Avenue Wilkinsburg Electric Packing and Supply Association, Limited L. W. Dalzell W. J. Crawford F. A. Rinehart A. W. Mellon Morris & Brown Philadel Gas Citizens Pittburg Western New Washington County New York Cleveland Philadelphia Gas

Money Market and Bank Clearing Totals Describe Daily Activity

The report notes steady money supply and unchanged rates around 6.7 percent with liberal deposits and short currency. Bank clearings across major cities show Chicago at 12 595 000 and New York and Boston activity, with money rates near 1 percent and slight discounts on exchange.

J. J. Stoney Pittsburg New York At & Prime Mercantile Sterling Exchange ChicaGo New York Exchange Bostox Philadelphia Haltimore Hank St. Louis New Orloans Cincinnati Aonor

Oil market cools as prices rise on light buying

Oil trading shifted higher with about 25,000 barrels changing hands as prices advanced from 76 to 77 4 cents in yesterday's session. Outside exchanges were light though sentiment remained bullish on limited well results and steady refined oil.

McGrew, Wilson & Co Fourth Avenue Jiz

New York Stocks Show Mixed Day With Limited Gains

Traders eyed efforts to lower stock values but failed to sustain declines. Opening prices rose 4 to 40 percent from last night, London sold then bought after a European settlement, and Burlington stock slid on January earnings loss before a marginal rally. Overall list remained firm with little feature, total business $887,000 and Northern Pacific activity notable at $112,000.

New York London Europe Burlington Burlington and Lackawanna Ike Northern Pacific New York Stock Exchange Whitney & Strpuenson Pittsburg

Mining Stock Mutations In New York Markets

The day’s mining stock list shows Adams Consolidated 16, Eureka Consolidated 325, Gould and Curry 180, Hale and Norcross 180, Home stake 500, Horn Silver 315, Mexican 225, Ontario 3800, Ophir 82, Sierra Nevada 210, Cannon Consolidated 200, Yellow Jacket 200, and other listings including California and Virginia and Maren 5 notes. Investors track gains and declines across a wide range of mining firms with prices reported for each issue.

New York Maren Jara Maracaibo Santos Caracas la Guasra Prime Rio Allspice Cassia Globe Ile Sallon Iss Carolina Louisiana London Museatels California Muscatels Valencia Sultan Turkey Salonica Sicily Smyrna Brazil Sauna Huckieberries Stannard Ellow Lair Higgins Eureka Hid. Co Herrine Hound Shore

Market Report from East Liberty Stock Yards

Report dated Thursday March 5 shows cattle receipts 1194 head with 1134 shipments and no cattle sent to New York. Hog receipts 2600 with 2200 shipped. prices for Philadelphia and New York ranges listed. weekly transactions summarized with mixed activity and lambs described as dull.

New York Philadelphias Nenero Booey

Market Summary of Cattle Hogs and Sheep Across Major Cities

Telegraph reports shows Chicago and Omaha cattle receipts around 4 000 and 1 500 head with active markets and mixed price shifts. Hogs nationwide steady to firm with varied weights. New York Buffalo and St Louis offer steady to stronger sheep and lamb values. Kansas City and others show cattle higher on steers and lower on some hogs as supplies adjust.

Samuel W. Black & Co Wood Street J. J. Vandergrift Wood and Water Streets S. A. Dickie & Co M. E. Wilson F. A. Hoffman South Highland J. G. Neyman Forbes Street Soho Black & Baird Sebastian Erdenrichter August Fertig Ohio Street Allegheny City Reed H. Coyle & Co Marion Place Twenty-third Ward Gladstone Street Parnell Street A. Z. Byres & Co J. M. Fleming J. K. Jolly Ridge Avenue Coradolis Pittsburg Lake Erie Balirosa Chicago Favening Journal Omaha New York ST. Louis Shean Kansas City

Coffee Options Firm Ups Leads as Markets Close

New York firms show firming prices with options up and sales at 41 750 bags. March to November futures trade from 17.90 to 14.40 with several months quoting higher than spot.

New York

Elgin Butter Advances as Cold Weather Tightens Supplies

Domestic markets report Elgin creamery butter rising to 8 cents per pound amid scarce supplies. Eggs stabilize after cold weather slows downward drift. poultry remains scarce and firm. Cheese prices stay strong while general produce slows, with beans, cranberries, and other staples showing mixed movement.

Pirrshead Dispatch Elgin UcTren—Creamery Ohio New York Wisconsin California Jamaica Florida Malaga Jersey

Grain Exchange Sales Report From Pittsburg Market Notes

Market report shows mixed grain sales with oats hay rye and corn on car lots. Prices for wheat oats and corn advanced in Chicago and strengthened local markets as receipts bulletined show 14 cars by Pittsburg Ft Wayne Chicago Railways and others. Millfeed price ranges and hay values are listed with regional variations in quality and packaging.

Grain Exchange Pittsburg Ft. Wayne Chicago Railway Cincinnati St. Louis Baltimore and Ohio Pittsburg and Western Chicago Pennsylvania Michigan

Sugar cured meats and produce prices mixed across markets

Trading in dry goods and meats shows activity with varied demand. Markets in New York Philadelphia Milwaukee Cincinnati Toledo and Duluth report steady to firmer prices for flour wheat corn oats butter eggs cheese and seeds with mill and trade notes detailing specific price ranges and shifts. A note ends with a promotional claim for Figs as a kidney and bowel aid sold nationwide.

Philadelphia Pennsylvania Milwaukee Cincinnati Hutter Mic Toledo Caab

Also Mentioned on This Page

Csiecee Shenange Valle Detroit Mich Louisville Sesssee Eas St. Low Foto Mands Pitteburz Ciel Louteville East St Beringer & Son E. J. Nisbett Julius Richter West Penn Tarentum Beringer Chicaco A. B. Kennedy J. B., Larkin & Co Patrick Kane Forty-eighth Street Seventeenth Ward Clarissa Todd Bigelow Street Twenty Third Ward William Johnson Herron Avenue Thirteenth Ward Arch J. Berry Rose Nea Eighth Ward M. Rodgers Fourteenth Ward Michael Dwyer Denny Alies Fifth Ward Julinus Garbe Butler Street Eighteenth Ward Cust Thomas Stainer Flowers Avenue Armstrong Bros. &Co Sassafras Alley Sixteenth Ward J.P. Frits Josephine Street Oat Home Securities Consignee Electric P.Y.S.M Bank of Vittsb Enue German Natuck A Liberty NS Monon Wien Phila Mittsburg 'Truc Mart We Westingonse W.co U.S UN. C.go Yestor Atchison Lackawanna Lake Shore Nashville St. Paul Aus Hocking Valley West Io Grande Raude Erie New York Central N.Y FE & W BN S Norfolk & Eat Norfolk & Western Philadel Richmond & W.rvi St. Paul & Duium St. Paul & Deluth Dumn Man Aise Cserer Cmt Bos Wheeling & Ty Bees Hetling & L. M BMG Uy, CO St. L. Pre Atch Baie Remranrge Oneeola Sane Aim C. B Diego d Co N. Ia Lamson Tore Rm Allouez M.co Atlantic Centennial Mining Ton & Mont Calumet & Hecla Eon & Bost Franklin Oscecola Mining Company Kitney & Stephenson New York Stock Execo Money Market M. BR. &T. Gon Mutual Union U.S. Ee N.d. CG. Int. Cort Northern Pac Pacific Korth Missouri Nortw Deben Oregon & Trans Tenn New St St.l Den R. G K. G. Westists Union Pacinie West Shore Rio Grande W Price Braprorp Trige Om Crrr Petroleum Pennsylvania Oil Spot Tigo Tiige Lima Oil Lackawanne New Jersey Central A. Cheaapeake East Liberty Prietley St Fe Aio Telegraph Castoria Miss Isc Drygoods Market Foivancial Pittsburg, Allegheny and Manchester Traction Company Fidelity Title and Trust Co Anbis Fourth Avenue Teli John M. Oakley & Co, Bankehs and Brokers York Sixth ST Pitwburg Medical Doctor Whittier Penn Avenue Whittier Mtv Lp Kv Lake Lake Cor Fenn Ave Ith St Midros F.C. Fowler Moodus Dra Sunithilela Liberty Misawn Fintan Pittsburg @Son Diamond Sph Phodine Pam Emical Ca Joseph Fliomin Farket Wrewkeowk Musa Tansy Phila, Pena S. V. White & CO American Soda Fountain Co Toa State of Aphili Ison ANT Wall St Sherman St Chatham National Bank New York City Blackstone National Bank Botos Metropolitan National Bank National Bank of the Republic Northwestern National Bank First National Bank San Francisco Cat John H. Matthews East 26Th St N. V James W. Tufts Charles Lippincott Alvin D. Puffer John Matthews A. D. Pater & Sons W. Co Charles Lippincott & Co Boston Safe Deposit & Trust Company White &C Auditors Hart Brothers, Tinbetts &Co New Yoree Alvin J. Puffer Alfred H. Lupingutt James N. North Matthews John Mattheews Franklis W. Hopkins VL White &O Statement OF Vendors Department of Industry United States Aen Map Vegere Aanae Ao Seach Messrs. Hart Brothers Tibbetts & Company Marteros Tibbetts & CO Messrs. SV. White & Co Walter S. Blanchard Metropolitan National Bank of Boston
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