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Newspaper
Pittsburgh Dispatch
Location
Pittsburgh, Pennsylvania, United States of America
Date
Mar 27, 1890
Page
7
Sheep and lambs remain scarce yet prices rise while beef cattleFace a weak demand. Hogs show slow trade with light receipts. mixed cattle and poor quality stock press market downward. McCall & Co. reports broad price spreads and cautious buying, with notable strength in select butcher stock and higher sheep quotes across Ohio and Indiana markets.
Market receipts include cattle and hogs across New York, Chicago, Buffalo, St Louis and Kansas City. Steers and cows show varied prices with steady to weak trends. hogs mixed with steady to firm demand. sheep and lambs generally firm or higher in parts of the region.
The column lists mining quotations from various mines and regions including Caledonia BM HL and Deadwood T with prices such as 170 and 315. Other entries mention Gould and ace in Hale and asi, Silverisches Mexican, Ontario 4000 and Sutter Creek along with percentages and locations across California Nevada and Mexico.
Partial OCR text shows scattered figures and terms like pig iron cost and domestic trade notes. The fragment mentions New York March and March 21 with vague references to prices $42 and $2, plus references to teach and ceacs and straits.
McKee and Hagan of 108 Fourth Avenue advertise as stock and investment securities dealers. They offer buying or selling all kinds of stocks on margin or for cash and invite correspondence.
A moderate trading day with a weaker tone across grains led by May and July wheat as prices slipped from yesterday's close. European markets and favorable weather weighed on sentiment, with some Russian port activity noted and pork and oats showing varied responses. U S butter and coffee fluctuated, while futures for wheat, oats, and corn moved within narrow ranges and finished with softer May and July values.
In New York on March 24 the market showed no material change yet a better outlook. Traders report solid demand for prints and bone denims with prints in light stock as print works prep for fall. Colored cottons improve and staple goods show little accumulation.
Stock mood turns bullish with APEE settlements hinting at gains. Pittsburg tenements nearly fully rented amid high demand. Western rail rate war worsens as Missouri Pacific accused of collusion with scalpers. Northern Railroad to issue 25 percent May dividend numbers, $750. Baltimore and Ohio keeps its ticket office at Fifth Wood for five years. Dr Bull’s Cough Syrup gains popular endorsement over rivals.
The Pittsburg paper notes a Philadelphia buyer ordering property totaling 450000 to 500000 while Black & Baird close on 16 Hazelwood building lots at 1000 each near the Second avenue electric line. Other Hazelwood parcels, including 20 lots and 12 acres in the Bisk estate, are under negotiation as investors pour into Pittsburg. The piece highlights city growth, strong workingman prosperity, and Pittsburgs industrial vigor.
Local securities activity remained brisk in volume yesterday but with reduced values. Brokers expect no material price improvement before the April settlement as stocks like Pleasant Valley and Central Traction weakened while Chartiers Gas and Westinghouse Electric posted small gains.
Transfers include C Beringer & Son selling a frame house on Meyram avenue for 3500 to W N Anderson. Balensperrer & Williams move a 20 by 200 foot Harrison Avenue lot to William Lodge for 600 cash. Reed B Coyle & Co. sell No 204 in Homewood to Frank H Speer. W A Herron & Sons transfer lots 25 and 26 in Moses Hampton Co Lower St Clair to W A Hoeveler, adding 55000 square feet for artesian ground use fronting Twelfth Pike Thirteenth and Sevena.
Almeda street and Mayapple alley saw a mortgage of 16000 by Kes & Bailey at 6 percent for three years on Second ward property. Jamison & Dickie sold a Mayflower street lot to F A Sawert for 25 cash and Samuel W Boren a Rural avenue house and lot for 2700 to George Dunlap. J E Gloss, 1000 mortgage for three years at 6 percent on property in Burgettstown Washington county.
Yesterday banks reported no new features but steady demand for loans and unchanged rates. Currency exchanges and balances remained healthy with minor variances. money squeeze fears faded outside Wall Street as on call rounds showed easy liquidity in New York.
Disjointed financial snippet lists numerous tickers and percentages. Items reference railroads and banks such as Northern Pacific and Canada, with scattered values like 25 percent and 46 W's. The text is heavily garbled, lacking coherent narrative or dates.
New York and Philadelphia clearings totals reach 7.1 million and 11.7 million dollars with balances noted. Baltimore and Cleveland clearings also appear with smaller sums while bullion movement to the Bank of England is reported at 25 pounds and three percent government bond activity shows dull but steady trading.
Oil trading stayed thin with prices holding around 8434 before rising to 8494 and closing steady. Reported crude strikes include Tate farm in Chartiersfield with 200 barrels daily potential, while several wells like O’Brien and Davis show varied outputs, signaling broader oil territory growth.
U S stock market shows smaller volume but firmer tone with most issues edging up from last night. fears of monetary stringency ease, April settlements near, foreign selling waning, Missouri Pacific gains fuel optimism, Ontario and Western surge for first time in months, Sugar refineries volatile but recovers. Railroad bonds total 1.25 million in sales. The Post notes railroad rate talks in session here and the Chicago route disadvantage versus Buffalo to Duluth.
The text notes limited rail competitors to lake steamers, with potential price differentials for routes from Chicago to St Paul Minneapolis and beyond. It also briefly references a New York Stock Exchange acne stocks table corrected daily by Whitney & Stephenson, Pittsburgh members of the New York Stock Exchange, 67 Fourth Ave.
Closing stock quotations from Philadelphia brokers Whitney and Stephenson cover listed securities including Lehigh Valley and Lehigh Navigation. The fragment references Northern Pacific preferred and other local listings, reflecting a snapshot of market activity.
The Barnwell Sessions Court hears the trial of David Ready accused of grabbing a black prisoner named William Black from three deputy sheriffs on a road, tying him to a tree and shooting him. A juror bribe was fined and a new panel sworn as the trial proceeds. Authorities had offered a 500 reward and Ready is defended by top local attorneys. acquittal is feared by many in the county.
A scattered digest of brief items. Boston opposes hides duties. Washington lumbermen form a price pool. Maryland gambling law passed. Austro Hungarian Prime Minister Count Kalnoxy to retire. La Porte city clerk accounts short by 4000 dollars. Congress asked to grant pension to Major General Crook widow. J J M Johnson assigns liabilities 22050 assets. Carnot urged to free Duke of Orleans. Michigan AG resigns, B W Huston succeeds. Rushville dry goods firm Water Bros fails with 50000 liabilities. Canadian reciprocity motion in Parliament. Dorchester resident Sylvanus Hill sentenced 30 years for child murder. Vesay Knox elected to UK Parliament seat. Rev Joseph H Ryland wins libel damages 20. Persia refuses concessions to Russian financiers for five years. Philadelphia and Reading RR president fires eight for drinking. meat famine threats in Paris if foreign cattle imports denied. roof blown off freight car at Starucca Viaduct injuring two men.
Domestic markets reflect scarce potatoes and limited fresh produce with higher outside bids. Dairy and eggs hold firm while poultry remains tight. turkeys are scarce. Lumber first raft noted. prices for celery, cabbage, and other staples edge upward amid light receipts and demand.
Receipts and car lots from Pittsburg, Cincinnati, St. Louis, Baltimore and Ohio and Lake Erie indicate steady but not active trading. Flour firm with upward tilt, wheat and corn prices quoted for No 2 red, No 2 yellow, oats and rye, hay scarce, market hampered by transportation and low grade quality.
A fragmentary listing of lumber items including clear pine frame boards walnut and white oak logs in green and dry states. It references moulded weather-boarding 44 inch and various sizes, with rough notations of quantities and vendors.
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