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Newspaper
Pittsburgh Dispatch
Location
Pittsburgh, Pennsylvania, United States of America
Date
May 13, 1891
Page
7
A Pittsburgh area survey reports a marked revival in the dry goods trade after a slow spring caused by an epidemic and early Easter. Dealers expect higher spring volumes in textiles while noting persistent imports competition and stable prices despite the McKinley tariff.
The East Liberty market and several stock yards show slow trade with price softness in cattle and hogs. Receipts include 825 cattle and 3,300 cattle in Chicago and St Louis areas, with varied shipments to New York and Philadelphia and notable activity in sheep, lambs, and butter related products.
Markets by wire report that wheat futures remained firm as European fiscal instability, notably Portugal, unsettled investors. The session saw a late advance on fresh news despite prior caution, with English developments prompting a quick market reaction and a notable rise in price.
Coffee trading notes from Bawkmont and Yorx show firm and changed sentiment. Options at steady with small up and down moves. July and August futures listed with modest values. Rio market described as steady with fair tone.
A vintage line extols Castoria as a remedy from infancy to motherhood. It promotes Castoria for babies, children, and mothers, claiming continual relief and bonding across generations with a gentle, familiar product tone.
A real estate auction board session in Pittsburgh room 99 Fourth avenue approved daily 1 to 1 30 pm exchanges and moved to urge Governor Pattison to sign Pittsburg street bills. Market shows improving business with growing realty activity, mortgage records, and railroad expansion fueling confidence.
Reports show London and New York cooling speculative fervor while Paris trembles over Portuguese affairs. Pittsburg’s demand weakens as East activity ebbs. Electric issues post modest gains with mixed final bids, Westinghouse follies spark rival buys but falter. Anxious investors await the real plan’s outcome and steer to safety.
Stocks show feverish, unsettled trading as foreign alarm spreads fear of further financial strain. London and Paris moods weigh on early losses while domestic rails and industrial issues drift lower. only Erie preferred posts a small gain amid broad weakness.
Local monetary affairs moved smoothly with no new features or directional pressure. Exchange demand rose on shipping needs while stocks show a Pittsburg bank surplus of 7.6 million and profits of 1.96 million. mercantile and staple markets held steady with sugar quiet and coffee firm amid potential near-term advances. Increased activity noted in exchange markets and steady commodity prices across grains and imported goods.
Bank clearings figures and exchange rates are reported for New York and other cities. Figures include New York clearings of 18,204, balances of 16,607,901, and cross exchanges with Mexico and Philadelphia stocks.
Mining stock list features entries for Alloe Adams Consolidated Eureka and Union Consolidated with prices and quantities cited. The brief shows varied values such as 145, 350, 1 60, 630 and references to Nevada and California prospects.
Market notes show limited supply of nearby eggs and active demand for former prices. Southern stock is quiet while Elgin creamery butter weakens and country butter drifts lower. Potatoes receipts are light but stock remains steady. Virginia and Tennessee strawberries available at 15 cents per quart. overripe berries sold as low as 6 to 8 cents per quart. Bananas firm. syrup and cider prices listed. various beef and dairy items priced, with mixed movement across fruits and vegetables.
Grain, flour and feed sales on call at the Grain Exchange show 1 car No 1 timothy hay at 11 50 spot and 3 cars at 11 25 10 days. Receipts bulletined include 19 cars by rail lines Pittsburg Cincinnati and St Louis with corn hay hay and straw oats bran and other items.
The readable portion hints at a distressed speaker describing a pale figure and suffering. It reads like a fragment from a longer verse with archaic diction and unclear context, offering few concrete facts about person, place, or event.
The report notes a movement lifting toward improved prices and steady demand. It cites conservative operators and several grain commodities including flour, buckwheat, and midlings with various yardage and packaging details.
Wool markets across New York and Boston show steady to firm demand with mixed receipts. Prices vary by type from fine delaine and unwashed to washed merino and Australian wools, while regional supplies in Ohio Michigan California remain small and prices largely steady.
Special telegram reports London bar silver at 444 1 4 d per ounce and New York selling price in dollars per ounce as bullion dealers update markets.
Market notes indicate New York tin and lead show quiet to steady levels with tin around 20.00 cents, lead firm due to steady demand, and copper trading near nominal values. The report records a 5 percent rise in certain futures as the market eyes ongoing demand and supply shifts.
Turpentine and rosin prices quoted in Savannah show steady or firm readings. Spirits of turpentine at nine and a half to ten percent. rosin and varnish grades holding, with tar and other products listed steady or firmer amid quiet trading.
In New Yoak on May 2 the drygoods trade is noted with firms such as H. B. Claffin Co selling Klin cloths and Gezige Merchants, and Teitt Weller & Co offering Zanzibar ginghames. The brief item records shop activity and product lines among local merchants.
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