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This newspaper page contains 22 articles. Subscribers can read the full text of each article.

Newspaper

Pittsburgh Dispatch

Location

Pittsburgh, Pennsylvania, United States of America

Date

May 09, 1890

Page

7

Iron Market Notes Show Dull Trade And Mixed Prices

The Iron Age market report indicates a generally dull iron trade across the region with a prevailing downward price drift. Some buyers test the market while many sellers expect continued softness, while Southern firms lift askings on booked future orders and mills in Chicago and the East report heavy bookings for mid‑summer.

New York Aonaeuaas Ahy Sasecs Southern Irene Buffalo Lake Superior Eastern Mills Tidewater Pittsburg Chicago Sioux City Ogden Manitoba England Spiegeleisen Ferro-Man Eeet Elinery Hillee Wheeling Id Ratle

London metal market shows steadier tone amid wholesale shifts

Iron Age reports a London metal market easing losses as withdrawals from store and higher production costs keep prices from advancing. Scotch warrants rose to 46 1d, Cleveland to 40s, with sales around 44s 6d to 44s 1d. copper demand remains strong, India orders boost sheet sales, and American buyers pull back while local speculators seek to realize.

Tim Plate L.C Liverpool Las New York The Iron Age Today London Cleveland Parktide Mining Company Cumberland Ashburnham Works Stromeer India Mason and Barry Company Spiegelemen

Coke In A Rut Trade Outlook Unchanged Despite Some Confidence

No noticeable improvement in trade since last report. Production and shipments were reduced but it was a fair week. Western coke shipments fell while eastern shipments declined modestly. several plants face closures or changes, with rail rates shaping prices at consumption points across Pittsburgh, Cleveland, Buffalo, Cincinnati, Louisville, Chicago, and St Louis.

Thes Dieparen SporTpaLe May Frick Works Rainey Cambria Tron Company Percy Misaine Company Stewart Works Pittsburg Pitsburg River Nuts Leisenring Vallew Heela Coke Trangers’ Station Southwest Control Coke Company Ovens Ion Connellsville Po Manouviae Shenango Cleveland Buffalo Cincinnati Louisviste Chicago Milwaukes Lowia Eas St. Louis

Live Stock Market Report from East Liberty Yards

The East Liberty stock yards report shows cattle receipts around 1800 head with market strong at unchanged prices and no cattle shipped to New York. Hog receipts near 2000 head with slow market. 1100 head shipped, common to best Yorkers at about 4.2 to 4.0 per cwt. Pigs and sows noted with several cars shipped to New York. sheep receipts about 1400 head with market slow at prior levels.

New York East Liberty

Cattle and Market Receipts Across Cities Reported

Cattle receipts across Chicago New York Buffalo and St Louis show varied totals with prices for beeves steers cows and bulls. Receipts cite heavy and light stock, steady to softer markets, and noted demand in sheep and lamb segments. Dry goods market activity in New York increases, with dyes and fabrics in demand as street sales rise.

Chicago Heceipia Texas Seaoe New Y York ST. Louis New York May

Expensive Buildings Rising Amid Big East End Deals

A string of large East End building projects and sales, tied to prominent financier W. C. Stewart, totals not less than 200000 dollars. New constructions include the Daltell law office, Vandergast, Ferguson, Bindley Hardware, Seibert, Arbuthnot, National Bank of Commerce, German National Bank, Pittsboro Times, and Sterred buildings with costs ranging from 75000 to 300000 dollars. Groundbreakings soon, with numerous dwellings, churches, and schools planned. experts anticipate costs exceeding 1889 projections unless labor troubles arise.

East End W. C. Stewart Stewart Pittsburg Daltell Law Office Fourth Avenue Grant Street Vandergast Ferguson Third Avenue Bindley Hardware Company Grant and Seventh Seibert Pennand Arbuthnot Penn Avenue National Bank of Commerce Wood and Seventh German National Bank Pittsboro Times Sterred

No Orders for Oil Mark Market Quiet and Dull on Wednesday

Market activity was tame with no orders and limited trading. Oil City sold lightly while Pittsburgh was choppy and Bradford stayed neutral as openings hovered near steady.

Market wrap from yesterday’s off market corrected notes

Features show corrected off market data with John M. & Co at 45 Sixth Street, New York refined petroleum and London quotes. Petroleum open, close, and line activity noted with Bilge prices and June option shifts, spot neglect, and 154.00 barrel sales recorded.

John M. 0 & Co Sixth Street Rae Yitaborg Pethoeleum Exchange New York London Anon Feet A. B. McGrewsaute Sme May &—Petroleom Pager Binhest Lowpeat Ee Seadford Mic Eat Sevee New Yorke Petroleum Steady Bilge Balge SI Exchange Sige

Dry Wells Reported in Coraopolis Area

The Old Arbuckle gas well increases output without stimulation, rising from 130 to 150 barrels daily. Two very dry wells at Squire Ferree and Alfred McCabe’s places near Montour and Pittsburg are noted, with Kendal and O’Brien No. 7 among others showing limited production. Coal transport remains a bottleneck for operations.

Squire Ferree Gailey Bros Alfred McCabe Montour Pittsburg Lake Erie Kendal Coraopolis Charters Station Arbuckle No. 6 D. V Anderson Farm Chartiers Creek

Gushers and Dusters in Washington County Oil Fields

The Wilson well owned by Murdoch & Co. in Gantz sand shows some oil but not enough to be a producer while progress on the 60 foot goal hinges on the drill. The ex-casher on the Fitz William yields 50 barrels daily, better than expected. Lacock well is dry after crossing all sands. Old No 1 Fergus farm, once 1735 barrels hourly, now 15 barrels daily, backs J. D. Fergus as a leading oil operator in Washington County.

Washixetex May Wilson Murdoch & Co Fitz- William Fergus Farm D. Fergus Washington

Stocks Move Slow Under Market Uncertainty

Investors waited as the market showed little activity with only 30 shares traded in Philadelphia Gas and 10 in Citizens' Traction. Brokers blamed labor agitation silver questions and tight money for speculation, predicting little improvement until these issues are resolved. Prices were fractional and few names led gains or declines.

Philadelphia Gas Pleasant Valley Switch and Signal and Grocers R. Philaterpais Wheeling Gas Westinghouse Ectric

Money Market Shows Abundant Cash but Cautious Spending

Reports from several city banks indicate plentiful cash for regular business but reluctance to fund wildcat schemes. gilt-edged collateral at six percent while seven percent asked for other business. Weekly financials list New York money on call and various exchange rates with steady bank activity across major cities.

New York Siapan Prine Mercantile Sterling Exchange New Yorke Boston Philadelphia Bank of England Paris Bank of France Frances Chicago New York Exchange

Cleveland Hog Products Price Picture Drops

Cleveland shoppers see hog products priced lower than in the Forest City as local suppliers emphasize enduring low rates. The city has long prided itself on offering cheaper hog products to residents despite regional comparisons.

Forest City Cleveland

Local Markets Show Pittsburg Prices Undercutting Cleveland

Reports from a major packing firm indicate Pittsburg prices are lower than Cleveland for breakfast bacon in job lots and refined pork. Cleveland markets, once famed for being among the cheapest, now quote similar or higher rates as buyers compare regional meat prices.

Pittsburg Cleveland Teic Tee

New York Stocks Mixed With Strong Sugar Refineries Leads

The market shows activity in Chicago Gas, Sugar Refineries, New England and Burlington and Quincy while Atchison weakens then recovers. A new Anglo American gas company backs gains, Laclede Gas and Wisconsin Central rise, and railroad bonds trade heavily with total sales near $2.96 million. Wool markets see firm prices as Australian wools hold and New Zealand steadies.

ally—Seger Advances New York May Chicago New England Burlington and Quincy Laclede Gas Wisconsin Central Atchison London Bulla Oregon Transcontinental Chicago Gas Sugar Shorts Consolidated Gas la Clede Burlington Uincy Laclede Gas &S Achisons Texas Pacifica Grend Trank Stenwehi Tron Controu San Francisco Manhattan Atchison and Milwaukee Lake Shore Western Lackawanna Colorado Northern Pacific Oregon Denver Texas Worth Missouri Pacific Lake and Erie Whitley Pittsburg New York Stock Exchange Fourth Avenue

Domestic Markets Show Upward Drift For Butter And Eggs

Ear corn remains firm and wheat nears the dollar. Prices in Centry Produce-Jobbing show eggs firmer since cooler weather with nearby stock up to 150 per dozen and high grade creamery butter firmer. New Ohio cheese hits market. straw berries weak from cool weather. cabbage scarce. beans, poultry, and pork products listed with varied prices across regions.

Chicago Ohio Bourren Elgin Ile Obiedo Riogee Yormberger Sweitzer Laos Sas 'Fane Naeesk California Orkancy Fancy Messina Alencia Ieacen Bermuda Jersey Bermu Bosbel

Bear movement curbs coffee prices across markets

A broad decline touches green and roasted coffees amid restrictive import demand. Sugar holds steady as dried fruits stay scarce and general groceries move, with varied price shifts across staple items and international imports including tea, spices, and canned goods.

Rota Grucex Corree Java Maracaibo Santos Caracas Lsge la Gus Aracaibo Cassia Jobbers TAS Ohio Wists Globe Lsc Elaine Royaline Lde Globe Lée N. C. Manasses Louisiana California London Muscatels Eureka Ébo

Grain Exchange sales report shows mixed car shipments

Receipts bulletined show 55 ears of grain sold to Pitt burg, Ft Wayne and Chicago from Pittsburg routes, including oats and corn. Ear corn remains a strong market factor, shelled corn selling slow at 5c under, while wheat and millfeed hold steady with varied prices for on track cars and lots.

Grain Exchange P.R.R Pittburg Ft Wayne Chicago Pittsburg Cincinnati St. Louis Baltimore and Ohio Western

Wheat market surge follows bad crop news and rains

In Chicago the wheat market swung from weakness to gains as rains in the Northwest spurred buying and prices rose above early declines. July and May futures advanced while corn and oats showed mixed moves with unsettled trading and steady close. Lard and pork markets remained steady with light activity and prices firming late.

Chicago Northwest Cincinnati Missouri Kansas Ohio Indiana Wisconsin Iliac Shorts Tye Rathermore Araenes Jone J Pane York Hadley Canada Hicker Peenmaney Orner St. Domingo Trinidad New Orleans Jane Western Philadelphia Ely Tigaea Nas Twentieth Street Carlota Bute Iam Teco ST. Louis

Wheat Markets Show Mixed Demand Across Regions

Minneapolis receipts reach 189 cars with demand for No 1 Northern wheat fairly good while other grades remain dull. Baltimore reports Western firm for wheat with slight May to August price variations and steady to higher notes on other grains. Oats and corn show mixed activity, rye steady to prime, and provisions mostly unchanged amid scarce butter and steady cheese.

Minneapolis Baltimore Askel Corm Hutter

Belmont Gusher Report Promises Large Oil At Johnston Well

A telegraph from Belmont West Virginia notes the Johnston well on W T Locke's claim produced 760 barrels the day before yesterday and 700 yesterday, marking one of the best field results. Other wells near Eureka and Belmont Hotel prospects show mixed gas and oil potential with local anticipation high.

Belmont W. VA Johnston W. T. Locke West Virginia William” Johnston Watson Ed Hammat Eureka Belmont Hotel J. R. Shingleton’s C. B. Hart George W. Boss

Kentucky Gusher At Wintock Farm Excites Oil Field

Well No 2 of the Kentucky Southern Oil and Gas Co on the Wintock farm has struck oil sand and is hailed as the best well in Barren county. Excitement and heavy investment follow as operators from Pennsylvania and West Virginia push to complete a pipeline to Oil City and start refining at full blast.

Glasgow Kentucky Southern Oil and Gas Company Wintock Barren County Pennsylvania West Virginia Eia Lagi Il Pipeline 4 Company Oil City shun+ ve

Also Mentioned on This Page

Rinford Lipool Shack Welsh Loch Wales Rootch Pmc Glaszcow Hessemer My Sree West Coast Miduteeborough Bugis Benseer Eine Wagne Steel Sials Paige New York Figures Ee Sane Ag Lake Sane and Srm Momorats Br Telegraph Dr. Miles Jos. Fleming & Son's Market St Pittsburg Dispatch Neville Island Allegheny County John M. Chaplin Orm Coltart Square Oakland Master Mechanics’ Association Old Point Comfort Hunter & Co Jennings & Co Vollier Duquesne Electric Negrey Avenue Penn Stanton J. H. McKelvy East Liberty National Bank John B. Ford & Co Pittsbore Plate Glines Company Jon W. Reinhart Atchison, Topska and Santa Fe Railroad Company C. Frergier Charles Bickel Bfoot Alley Ewalt Home Street Eden Alley Seventeenth Ward William J. Zahoizer Charles Somers & Co James H. Aiken Ellen. Green Fairmont Fairmount Avenee John Ramsey George G. Jeremy Dr. Reed Center Avenue Devillists Street Thirteenth Hazelwood Avenue Hamnett & Meridith Wilkins Estate Wilkinsburg W. C. Anderson, Esq Samuel W. Black & Co John Devlin Ashton Street Eleventh Ward Allegheny J. E. Glass Twentieth Ward Liberty Avenue Harry Smith Bears Pittisburg Bradford O'Brien T. W. Phillips Glade Run McLaughlin Farm Westview American Oil Company Robeila i Company Hellevue Fall & Shay Nee Denn Vaville Elyria Uction Warashington Field Wearad Nt. Br Mouon St. Brisaee Allegheny Ts Pitts. Gas Co Val Bridgewater Man Gas Co Ai Gas Co ai] 4 404 + Bid Pr’ hos* Nat Gs aeeans NG & P Penn. Gas Co. Us West.& C.gas Gasvo Ty Calumbia Oi Ay P. dc West Oneuae Allec Manon N.co W. Coub Sprdiby A.B. Uo Vaewe Wee Grocers Canada Southern Lackawanna and Western Orthern E Reading Bond and Wertmont St Paul Union Paci Cash M. EK T. Ean Northern Pac North Wan Canola L. M. Gen St. le Paol London Bays Wise Canadian Pacific Central New Jersey Central Pacific M.s Louisville & Nashville Michigan Central Norfolk & Western Able & Minsissippi Richmond & Wv Fils Richmond &W.p.t.pt Chicago Gas ‘Iruat Boston & Albany Calumet & Hess Cing Sen. & Clev HLH Franklin Fkasstern Kk. R Flint & Pere M Ren Flint & Pere M. Prereay Iosceota Mauss Santa Fe N.Y S. Eng Tamarack N.Y_EN Anniston Iand Old Colony Boston Land Up Rutland Tral Jan Diego Yy Sais West Endiano Lae Sansan Ty Hitner Stephenson San Tania Hallromd New Zealand United States Choice Ceantry Pyania iHee Weneeeah Straids Bakers Wagna Uncle Johnston William Kentucky Ns Biz Cis Wey Ada Mexico Joseph Horne & CO St. Gall Siort Selec Heather & Dress Zephyr Ginghama Bhreckers—Financial John M. Oakley & Co H. Buck Investuess Broxen ST. Pitsburg
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