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Newspaper
Pittsburgh Dispatch
Location
Pittsburgh, Pennsylvania, United States of America
Date
Mar 26, 1890
Page
7
County Commissioner McKee discusses Pittsburg's growth and says hold the University property for future court use while the city expands. Industrial notes report meat trade gains, corn beef prices rise, and cable cars boost new trade avenues as horses fade from city transport.
Market report from East Liberty block yards on Tuesday March 5 180 notes cattle receipts, average prices, and slow shipments. Hog shipments about 2000 head described with prices near yesterday's figures.
Telegraph nightly market notes show New York Beeves receipts 1507 head with prices 6 7 16 per cwt, calves 272 head at about 30 dollars, sheep 1062 head with lambs near 6, and various regional totals. The Drovers Journal reports steady to slow trade, strong sheep, and mixed cattle tone across St Louis and Kansas City markets.
Business notes report WaTSESHBURG plans a national bank with capital BH.00. Boston lenders note loans at 4 percent and surplus nearly exhausted. Sugar Trams refineries. 15 closed, 7 active. Tuk anthracite firms to shut more mines. Trade deteriorates. Wisconsin Central Railway third week March earnings show gains. rail lines report strong month. Oregon eos gene Company retirement of Siutha hinted. Steace Morris Heal estate quiet on surface.
Market notes show Texas bright menics and wool varieties in demand. Prices for medium and coarse braids listed with ranges from 14 to 16 and up to 180 in value, reflecting steady demand and territory data.
The CarcaGo Wheat market opened near yesterday’s close, weakened to lower prices with dull demand. May futures saw selling by a local house and elevators, while corn oats and pork show varied activity and a generally steady to cheaper tone across grains, lard, and butter with limited outside news.
A compact fragmentary listing mentions names like Alice Caledonia H. H. and entities such as Consolidated California and Virginia, Deadwood and Eureka Consolidated, with scattered figures and references to scrip and bids. The legible items point to a financial or quotation note with multiple names and numbers.
A railway tied syndicate near Hazelwood buys St Michael Seminary property of about eight acres for 25000 and 12 Second Avenue lots near 1000 each. They eye 17 Blair estate lots while planning brick homes. Electric line expands service April 1 to lure buyers. Banks clash with dumping bills as collectors, urging banks to refuse such small claims.
City and national figures show daily bank clearings and balances across Philadelphia Baltimore and Lexpos with bullion movement at the Bank of England and Paris three percent rentes. Money markets are steady with time at near 4 percent and cash at 4 percent, while New York exchange trades at a 25 cent discount.
The oil market opened down slightly, rallied on light local buying, and closed near where it opened with minimal net change. New York dominated trading, while prospects for the market were deemed far from rosy amid sparse fresh news and several wells expected to impact output in coming days.
The market opened weak with little appetite for business as brokers gathered yesterday. Total sales reached 215 shares with most active issues slipping to new lows. Pleasant Valley Central Traction and Philadelphia Gas fell, while Monongahela National and Supply and Storage showed some decline but Westinghouse Electric held with local holders reluctant to part.
New York markets show little spot activity with April open steady then falling to 837.4 before a late rally and strong close on the Stock Exchange. Petroleum opened ease and closed around 4 cents, with substantial daily sales and clearances reported across Bradford and Bradford area refiners.
Still Moving presents latest real estate deals across the city and county. Listings include J. Be Giass selling to Chris, a Craig street lot for 1800 cash, Hlack & Waird selling a Brushton Station lot for 900, and other transfers in Allegheny and surrounding wards with mortgage actions noted.
New York stocks opened weak after yesterday’s Supreme Court Granger ruling briefly lifted markets. Bears reasserted, Sugar Refineries dropped on San Francisco rumors, Rock Island and Louisville, New Albany and Chicago saw declines, while Union Pacific and Wheeling and Lake Erie showed limited strength.
The Pittsburg banks show strong resources and ample capital as spring trade nears, supporting continued ease in the money market. Rates are expected to remain low for months with exchange and balance conditions favoring liquidity and stable discounts across leading trade centers.
The New York stock letter notes a waiting market with spasmodic shifts in both directions. It cites German politics after Prince Bismarck’s retirement, envisages possible shifts under the young emperor, and warns of risks to peace and market instability. It also critiques Senator Stanford's plan for government farm notes and lists various stock quotes from Boston and Western firms.
Philadelphia stocks list provided by Watery and Stephenson brokers from New York. Includes Pennsylvania Railroad and Lehigh Valley lines with bid and offered figures. notes on navigation and Erie connections. Prices and names are obscured by OCR errors but indicate a market snapshot.
W H Harrison of Walker county Alabama is jailed on a charge of swindling the US government out of 5000 by filing fraudulent pension claims. He forged witnesses and affidavits for bogus Mexican War widows. Bond set at 10000, investigation followed his popular status as a local country school teacher.
Dr E G Davies of De Smnet Dak endorses Horsfori's Acid Phosphate for slow convalescence and malaria prevention. He notes its alleged benefit where drinking water is poor and its potential to rectify kidney effects from bad water and reduce summer illnesses.
Ad touts boys clothing quality at Camp Bent & Dic store with best quality and low prices. Claims best selection and value for boys apparel.
Grand millinery opening announced for Wednesday through Friday at Rosenbaum & Co. featuring new hats and materials for the season. Local shoppers urged to attend as the store showcases styles and accessories.
Domestic markets show strong demand for nearby eggs while ear corn and millfeed stay scarce and firm. Flour remains steady and hay quality is poor as buyers face tight supplies and cautious pricing across vegetables, fruits, dairy, meats, and grains.
Coffee options stay speculative in the New York market while dealers expect no early rise. Sugars are quiet after a late decline and general groceries move at old prices. Listings include Rio coffees, Java, Maracaibo, Santos, Caracasbe, La Guayra, and numerous canned and dried goods with varied prices for staples and imported items.
The Grain Exchange reports mixed futures and cash activity with demand for corn and middlings helping prices while baled hay quality weakens. Receipts include multiple carloads from Pittsburg to St Louis, Baltimore and Ohio and Lake Erie routes. Flour and millfeed show firm to steady movement amid scarce timothy hay and ongoing market adjustments.
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