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Pittsburgh Dispatch in Pittsburgh, Pennsylvania

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This newspaper page contains 24 articles. Subscribers can read the full text of each article.

Newspaper

Pittsburgh Dispatch

Location

Pittsburgh, Pennsylvania, United States of America

Date

Mar 07, 1890

Page

7

Shading in the Figures on Steel Rails Noted in Market Report

New York March 6 The Iron Age Review reports buyers delaying purchases across iron and steel trades amid downward price expectations. Pig market flat with limited business while foundries stay well covered. steel rails show sales of about 7 000 tons, with weak competition East and West and prices easing. Structural iron demand grows as beam production in 1889 reaches 191,000 tons.

New York Birmingham Tidewater Wat Tidewater New England Ageregatine Pittsburg Onis Hkessemor Middlesbrough Bessemer Sls Od. F. Ob. Spiecelemen Ee Ormls Dessemer Glasgow Liverpool Rather

Market in England shows dull pig iron and downward prices

The Iron Age report notes a late week fair trade in pig iron, then dull markets with prices easing. Hematite makers propose damp furnaces, with further talks on conditions and output. Tin plate demand remains limited and prices unsettled. tin and copper moves show mixed activity amid global steel and iron price shifts.

York London Bessemer Merewood, Cambria and South Wales Tl WN. Brand Wach Melingriffiths Irom

Stylee and Shapes Grand Spring Millinery Opening

The wholesale millinery opening ran three days through today, drawing visitors from 200 miles and beyond. Retailers report strong attendance, with forecasts of bigger orders between now and April as fashion favors flowers, straw laces, ribbons, and smaller hats and toques for the season. Prices ease 10 to 4 percent from last spring as raw silk raises ribbon costs.

Obbers Pittsburg Fomediate Spee Harrisburg Philadelphia

Livestock Markets Report from Pittsburg Dispatch Yard

Live stock market notes from Pittsburg Dispatch dated Thursday March 6 1800 show cattle receipts 500 head with 400 head shipments and no cattle to New York. Hogs receipts 1600 head with 1500 head shipments market active mid quality 1 to 4 3 per hundred. two carloads shipped to New York. Sheep receipts 400 head with 400 head shipments market quiet. Week’s yard operations statistics follow.

Pittshuerg Tutursday CaTrir New York

Cattle and hog markets show mixed activity across major cities

Receipts vary with 1 000 otter trade head and 4 700 sheep. Beef prices ease and dressed beef steady at multiple hubs. Chicago reports 14 000 cattle with a 10 to 20 cent drop. St Louis and Indianapolis note steady to firmer hogs and lambs. Kansas City and Texas markets show lower steers and mixed hogs. sheep prices hold steady in many markets.

Telegraph New York Joey Liverpool Cable Sheen Oeics ChicaGo the Prayer’s Journal Texas St. Louis Kansas

Progress in Wheeling Bridge and Westinghouse Year Ends

Market notes report slack business on Fourth avenue due to weather while Wheeling plans a double steel bridge with full stock subscription. A bank statement recall deadline is February 24. Westinghouse Electric 1889 results show total sales 4 302 115 22 with net profit 720 807 87 and various costs.

Busisess Fourth Avenue Ohio River Wheeling W. Va Huilding Chautauqua Lake Lead Company Thirteenth Street

Real estate booms and roads plague Pittsburg and California

Colonel John Simmons of San Diego visits Pittsburg and warns against real estate booms that leave desolation. Brokers doubt an exchange will help, roads fail, and markets tighten as manufacturers, farmers, and bankers debate policies and credit history.

John Simmons San Diego Cal Pittsburg California

Stock Trades Reported Across Several Firms

The day’s New York stock totals reached 200,207 shares with notable activity in Delaware, Lackawanna and Western 17,100 Louisville and Nashville 25,047 Northern Pacific preferred 3,400 Reading 135,000 St. Paul 6,390 Union Pacific 1,200 and transactions by Edward P. Long selling Pleasant Valley and Electric and Central Traction shares. Other firms listed include Sylvanus Tube Works 55 62 Forest seat 100 Pee Apa 109 Pieanent Valley 2545 Washington Oil abactoon sales and Forse & Co selling Pleasant Valley shares at 25 and 50.

Sylvanus Tube Works Company Forest Seat Pieanent Valey Washington Oil Pleasant Valley J.C. Forse & Co Edward P. Long Electric Central Traction New York Delaware Lackawanna and Western Louisville and Nashville Northern Pacific Reading St. Paul Union Pacific

Banks and Bankers Conservative in Spring Loan Policy

Local bankers pursue a cautious loan stance ahead of spring demand. They anticipate expanding business to employ funds, with moderate yesterday demand and ample cash. Rates steady. deposits and checks lighter. New York money on call easy at 3 to 4 percent. sterling exchange steady at 4.00 for day bills and 1.48 for demand.

New York Beeneen

Financial market closes and Bank of England bullion report

Bond quotations and mutual fund rates headline the session with listed debentures and consols. The Bank of England balance shows bullion up and reserves near 48 percent of liabilities. Paris rentes at $8.35, London bullion movement noted, and Chicago clearings reach £12.5 million as New York exchange trades at a premium.

Ss . U. Ae Mutual Union És Adiga C. Int Gee Northern Pac Mt L. & LM Tenn TY St. Los Canada St. Paul Consols St. PL G. West Union Mac Erie Creseesiol West Slope Crecee Elle al Ps Ust Ee osTos Philadelphta Sene Ciearinen Lonvon Bank of England Paris Bank of France Chicago New York Exchange

Oil Market and Drilling Advances Signal Strong Plays

Oil opened with a lower water mark before a rally as 50,000 barrels sold by N. W. Stephenson to Lyman & Harris. The Wood & Young well near the Hundred-foot district flowed 90 to 100 barrels per hour, while nearby wells increased output to 120 barrels and nearly 1,000 barrels daily. The Porter Oil Company transferred a 110 acre Fisher track lease for 24,000 dollars and a 423 acre tract sold for 35,000. Test wells at Goose Creek Stillwell and Burning Springs aim to open new oil territory.

N. W. Stephenson Lyman & Harris Eesre Crawford & Hammel Emsworth Co-operative Natural Gas Company Wood & Young Danbach Hundred-foot Gilbert OH Company Sheffield Porter Oil Company West Virginia Fisher Track G. H. Coast & Son Olean N. Y Pere Owens New Cumberland Goose Creek Stillwell Burning Springs

Kentucky Oil Territory Shows Lasting Field Strength

An oil expert's claim that Kentucky oil would be shallow and listing is challenged by a Carroll Oil Company representative from Kentucky. He notes the Adams well in Barren has produced oil for over 20 years at shallow depth, with six wells delivering around 20 barrels and one surpassing 125,000 barrels, asserting Kentucky as a major new oil region rivaling Bradford days.

Kentucky Carroll Oi Company Adams Barren New York Pennsylvania Ohio Bradford

Stock Market Mixed as Allegheny Heating Dives

brisk forenoon trading gave way to slower afternoon activity with shares at 12 dollars. Allegheny Heating Co fell to 104 while Pennsylvan ia Tube Works opened at 35 in its first public trade amid broader gains and a dispersed list of bids and asks across multiple banks gas and utilities.

Allegheny Heating Company Pennsylvania Tube Works Company

Snow slows roads but spurs oil field activity at Bridgeville

Snow delivery boosts movement of well supplies as workers in Bridgeville and nearby fields push ahead despite slick roads. Boiler moves were common as crews refuse to wait for better travel conditions.

George P. Murray Bridgeville

Petroleum market mixed with steady closes on March 6

Petroleum opened steady then rose slightly in New York trading before closing steady. In Hase and other exchanges high and low marks varied with barrel totals at about 458000 across Consolidated and Stock exchanges.

Beadforn Hase Hc. Kuna Om City New York Mige Stock Exchange

Sold by the Acre in Rich Property Near Brushton Station

Real estate notices show Black & Baird listing the Rich property near Brushton station, six to seven acres between the Pennsylvania Railroad and Tioga Street. Walkways to be built, lots to be sold on easy payments, price $20,852. Properties at Nunnery Hill Allegheny and Wilkins estate Wilkinsburg also sold.

Smithfield Street Wilkinsburg Wilkins Estate Samuel W. Black & Co Fourth Avenue Haynes Shady Avenue Tweenth Ward

Property transfers and mortgage actions listed in brief

A two story brick dwelling sold for 7500 to Charlies Hager while a four room frame house on a 60 by 100 foot corner lot at Rutledge and Shaler streets sold for 1550 to Christian Seacra wing Byers. A $2 mortgage on Third ward property at Allegheny to run three years bears 6 percent interest.

Alles & Bailey Fourth Avenue Charlies Hager Rutledge and Shaler Streets Christian Seacrash Wing & Byers Federal Street Third Ward Allegneny

Reading the Market Mixed on Reading and Rail Stocks

New York reports a mixed day with Reading stock as the day's feature amid broad dullness. Traders note a large block sale pressuring Reading while other rails like Louisville and Nashville and Chicago Gas see varied moves amid market strain and a Treasury bond-buying shift.

New York, March Reading Bank of Enghand Chicago Gas Trust Louisville Nashville Ilass Ennessee Béc Solge Snrar Chicago Gas Granger St. Paul Burlington Northwestern Chicago Walker Inter-State Association Union Pacific Roy Piidts United States Treasury Eaat New York Stock Exchange Whitney & Stephenson Pittsburg Avenus

Mining Quotations New Yorke March

Mining quotations list prices for several mines and scrip in California and adjacent areas. Entries include Amador Caledonia B H Comstock T bin and scrip Deadwood T El Cristo Homestake Freeland Iron Silver Sutter Creek Union Consolidated with varied figures.

New Yorke Alice Amador Caledonia B. H Comstock T. bin Comstock T. Scrip Deadwood T del Monte el Cristo Freeland Homestake Horn Iron Orne Sutter Creek Lot Union Consolidated

Weathered Trading Report From New York Drygoods Market

New York traders reported stormy weather affecting trade in drygoods but business remained steady overall. Commission houses received numerous orders by mail and wire for plain and fancy fabrics as prices held firm with few exceptions.

New York March

Domestic Markets Coury Produce Prices Amid Blizzard Trade Quiet

Coury Produce market reports a blizzard easing, with quiet trade and stores being inventoried. Prices show demand for nearby eyes, high for fancy apples, choice poultry. various commodities listed with unit prices across dairy, beans, cheese, fruit, and vegetables.

Wheat and corn trade tightens as New York sales ease

Trading in wheat showed restricted moves with small gains and declines within a narrow range. Corn and oats held steady to lightly active, pork and lard markets quiet with prices largely unchanged. New York reported fair sales while cash and futures quotes varied across regions and months.

Chicago New York Crgtbgc Jane MW Lénse I.sbe Anguet Victober Leo Te WLSI Lidic Spot Rio New Orleans Western Steam Utter Elgin Western Dairy Western Philadelphia Twentieth Street Cario Pennsylvania Milwaukee Marley

Groceries Prices Rise as Market Signals Point Upward

The article lists wage and commodity price shifts across staples. Coffee options advance with expected rises in shipment of packaged goods. Wide variety of imported and domestic groceries including sugars, canned fruits, spices, petroleum products, baking needs, and dairy appear with quoted prices and grade distinctions.

Java Maracaibo Mocha DipAe Santos Caracas Rio la Guayra Penverry Cassia Ohio Globe Elaine Lilee Royaline Vallon Atrietly Peace Carolina Louisiana Forreign London California Muscatels Sicily Syria Brazil Eureka Bo Sacks Higgins Binek Lake Iceland Potomac Herring

Grain and Feed Market Report Amid Snow Delays

Grain and feed prices and receipts quoted for fivecar and millfeed carloads from Pittsburgh Cincinnati St Louis and Baltimore Obie. Cereal supply steady with light receipts. oats and hay prices shown. flour and millfeed firmer with scarce ear corn. Weather disruptions hinder rail receipts and market tone remains cautious.

Pittsburg Cincinnati St. Louis Baltimore Northwest

Also Mentioned on This Page

England Miker A. B Bessemer Steel Ieis l. Siemens Steel B. V Dean Ronncas Satarda Asus Leary James BourFaLo Thursias Homestead Braddock McKeesport Michigan Supreme Court of Georgia Great Northern Rail Way Rocky Mountains Mary's Fork James J. Hill The Great Northern Anaconda Mont San Francisco H. K. Porter & Co United States Colombia Banks and Bankers John M. Daxtey & Co Sixth Street Pittsburg Petroleum Exchange Antwerp Bremen A. H. McGrew Pitts Geneswee Commercial Ates Fidelity Tithe & T. Co Keystone Bank of I'g Fur Ness Second National Bank Allegheny Heating Co Wis Bridgewater Gas Chartiers V. Gas Co People's Pennsylvania Gas Co His Philadelphia Co Wheeling Gas Co Tunavis Company Washington iCo Citizens’ Traction Pitt. Traction A. & Man Charters Maliway M & AG Witte Lake Erie Pitta Danction Whco Kortiaide Bridge Co la Noria Mining Co Luster Mining Co Yankee Girl Minin Fast End Electric Westinghouse Electric Mongahela Nav. Co Monongaia WaterCo Co U YES Westinghouse Westinghouse BC Lm. Eee Ie Grocers’ BS Penn East End the Leader Wall Street Ing Inc Cottonom Trust Canadian Pacific New Jersey Chesapeake Uolio Quincey Wwe G Su L Fed al Cos Desig Deere Huorteon West Michigan Centra Motile X. G Lo N.Y Norfolk Northern Pacier Obio Oregon Louisville & Nashville Peo, Dec Evans Philadel Heading Foliman Palace Fichmona & W.V. T Ohana San Pran St. L Dske Texas Factlic Il Mj Tiss Wabash Tilly Iy Omy Western Union Wheeling & le Fly iFig Gy Sugar Trust Nanonnalead Trust Cbicago Gas Frast Eee AY Ag Boston Kwatern R. EH Flint Flint & Ere M. of Mass Central N.Y. FE Mutland Rutland Uantral Central Pf Atlantie Ationex Big Co Puatesree Usceota Qaimey Banta Fe Copper Ewes Jposten Lanil Veesees West Eail Land Co al Telephone Mason Stores Mits Water Power Gog Pennsviranis Hallrosd Lehigh Drygoods Commission Liberty Street Léige Buttrer Sic Limburger Sweitzer Zee Maine Parry Florida Spa Valencia Messina Mixx Farois Borley Mark Swift Loomis Shreveport CW. Wincox Spartanburg S.C Swit Sreciric Atlnta, Ga New Western Straighs Bakers Bama Castoria Aniei Mellon & Sons Bank Neetnen Mexico Central Indies Joseph Horne St. Gall Hokena Denteers Shorers—Financial Pp & Stephenson Messrss & Co John M. Oakley & CO Bankehs and Brokers Sixth ST Mr Teal Medical Whittier Sid Penn Avenue Ivo Fee Penn Avenue Aus.ofife Wm H. Parker National Medical Association Ade Gray Medicine Co Buffalo SK. Lak M. BR. C. PS Todani Sandaya Penn Ave Ian da Woodward Ave Detroit Mich Avid Sam Diamond Ant Stark Plendid Medical Bey Owls Deuwe
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