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Newspaper
Pittsburgh Dispatch
Location
Pittsburgh, Pennsylvania, United States of America
Date
Mar 31, 1890
Page
7
A Pittsboro supplier reports copper and pig iron prices climbed since 1889 with a 25 percent rise in costs over eight months. He notes strong demand, a mild winter boosting outdoor work, and a bright outlook for 1991 despite potential tin plate duties and tariff effects on American manufacturers.
Office records show cattle receipts 13 head before shipments totaling 690 head with two cattle cars sent to New York. Hog receipts reach 2500 head with 2000 head shipped. market steady with medium to best Yorkers and odds around 294 per head, hogs to New York listed at 1600 head and 1000 head.
Cattle receipts include steers to 4.70, cows and bulls mixed at 150 330, stockers 0. Hog receipts near 12 000 with mixed demand and slow action. hogs varying to 4.99. Sheep receipts around 2000 with active yet steady lamb and mutton values. Kansas City and other hubs report steady to mixed trends across cattle and hogs.
Drygoods report from New York dated March 22 notes the market condition unchanged and prices retained steady without fluctuation.
A morning blaze in New Castle Pennsylvania leveled the Park Opera House and nearby structures on the diamond in Jefferson Street. Losses totaled about twenty thousand for the Opera House and several thousand more for the Wallace heirs, George F Wilson, Garvin and Newell, with insurance coverage listed for each.
A gusher was drilled last evening on the Parker farm five miles east of the city. It flows naturally at 1400 barrels per day, near the Tanget well drilled in 1886 which produced 700000 barrels by then. Rural counties report hundreds of cattle starving as grain and feed are scarce amid bad roads.
Chicago markets stayed quiet with prices mostly unchanged. Wheat and corn futures edged slightly higher while oats and rye remained steady. cash grain totals showed modest activity and overall trading was cautious awaiting new developments.
Martin Wendel alias Windel captured in Greene County on a bench warrant issued by Judge Acheson for selling liquor without a government license. He was jailed awaiting transfer to West Virginia after prior escape. Also, Pittsburg Plate Glass Co. contracts a 3,000 light Creighton electrical plant using Thompson Houston system for their glassworks.
An advertising verse traces a mother's remedy Castoria from infancy through motherhood. The jingle emphasizes Castoria as a trusted remedy for a child’s ailments, continuing across stages of life to adulthood and motherhood, highlighting brand continuity and emotional reassurance.
Supply of potatoes improves with earlier lifting from hiding places and arrivals from Nebraska. Creamery butter eases slightly while eggs stay firm. Tropical fruits firm or rising. cider and cheese vary. Overall weekly trade improves though limited by scarce vegetables and fruit.
Market notes warn sugar and coffee prices weak with quotas cited. Evaporated fruits and dried fruit seen as scarce ahead of new crop. demand up sharply while supplies tighten. Commodity lists include Rio coffees, Java, dried fruits, canned goods, spices, oils, syrups, and oats with wide price ranges and indications of a looming shortage.
Grain receipts for the week ending March 33 1800 total 231 cars, down from 282 the prior week. Car lots on track show mixed cereals with prices for best grades, and several rail routes including Pennsylvania Railroad and Baltimore and Ohio cited for oats, wheat, corn, rye, barley, and flour. The cereal market remains buyer favorable as only top grades quote.
A fragmented market note lists prices for ri wheat bran at 14 50 15 00 and chop feed, with odd spellings. It also references oats and rye prices near 96 00 and 25, plus loose weights and unidentified local terms.
A list of sugar cured hams and bacon kinds with sizes and prices, including dried beef, lard refined in tierces and barrels, tins and pails, and sausages. The OCR reads many garbled terms and pricing hints such as 8c and 54, with references to California meats and assorted fat back products.
The weekly financial roundup shows Pittsburgh ahead of 1880 figures by nearly two million in bank clearings, a robust realty interest with brisk inquiries, and a steady money market. Stock activity was muted with 97,120 shares traded and modest gains in Central Traction and Pleasant Valley, while liquidity remains ample though unemployment capital grows.
The New York market showed the smallest trading volume on record with prices fluctuating on a flat plane. Bears pressed late, closing heavy with insignificant changes while railroad bonds remained dull and weak. weekly bond figures totaled 5.7 million dollars.
A truncated extract lists mines with numbers: Deadwend 125, El Cristo 15, Hale Norcross 270, Homestake 825, Horn Silver 24, Iron Silver 175, Mexican 25, Mutual M and Co 160, North Belle Isle 100, Ontario 40, Sierra Nevada 25, Savage 180, Aspen 00.
Closing quotations of Philadelphia stocks and bonds as reported by Whitney and Stephenson brokers. Includes prices for Missouri NorthWestern consols and various railroads and mining shares with bid and asked figures.
John M. Oagiey & Co. list market notes from Pittsburg Petroleum Exchange members. Various refined oil prices and quotations from New York London Antwerp Liverpool Bremen and other centers are given, with figures such as 64 0, 6.5m and Big Dielge.
City ordinance authorizes the Chief of Public Safety to buy 15 feet of land in the Fourteenth ward for Police Station No. 4. The purchase requires final Council approval and repeals conflicting ordinances. Approved by Mayor March 13, 1890. recorded March 7, 1890.
The city council authorizes the grading paving and curbing of Minerva Street from Taylor to Ella with irregular block stone. Proposals will be let under Pennsylvania acts and city ordinances. costs to be collected per the second class city street act of May 15 1888. Approved March 13 1890.
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