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Newspaper
Pittsburgh Dispatch
Location
Pittsburgh, Pennsylvania, United States of America
Date
May 21, 1889
Page
7
Local stock auctions saw hogs fall sharply while sheep and lambs edged up and cattle steady to mixed. Receipts from Chicago and other regions indicated a weak hog market and general demoralization, with buyers scarce and prices down from the prior week.
Market dull at East Liberty stock yards with mixed receipts. Cattle receipts 144 head with 8 shipped to New York, market 10 cents lower. Hog receipts 4,000 head with 5,000 shipped. prices 4 50 to 4 55 for Philadelphians and Yorkers. 14 hogs sent to New York today. Sheep receipts 20 head. market closing weak.
New York Beeves receipts 6500 head with firm prices and selective beef sales. Calves receipts 4100 head, steady at 8 dollars per 100 pounds for real and 8.00 for batter. Kansas City cattle receipts 2438 head with a strong week, higher cornfed prices and 1885 head shipped. Hogs receipts 270 head with firmer market, high quality hogs and shipments noted.
New York May 20 Steve Brodie the bridge jumper leaped from Passaic Falls this morning and escaped harm. He had sought risky jumps to bolster his record, previously attempting Rochester at Genessee Falls where water was shallow and a death had occurred.
New York May 20 report states that John McCarthy and John Cunningham were indicted and found guilty for the morning robbery of Benjamin Howe of Waterbury Connecticut. They were sentenced within eight hours.
Wheat opened strong on prospect of a large decrease in visible supply but faded to finish weaker. Corn held steady with fair activity and no major features, while oats and rye moved little. Prices in futures showed retreat from early gains as selling emerged and the market closed near Saturday levels.
A fragmented items list shows tremulous copper prices around $14 50, volatile oil and heavy mineral markets, and shifting quotes from stray commodities in the Straits region. The text suggests a rough market snapshot rather than a clear trade report.
The report notes sizable coffee receipts and stock movements amid uncertain Brazil market conditions. It mentions quantities around 22,000 bags and related trade notes, reflecting supply shifts and pricing curiosities.
Miss Battle Fuhrer, a young Wilkinsburg resident, joins the Oklahoma land rush with Mr Northup. She secures a claim near Fort Reno on the North Fork of the Canadian River, 160 acres of fertile timber land, and rejects a $500 offer as she plans a log cabin.
Brokers described yesterday as dry with only three stocks trading a total of 27 shares. Gains were minor as most issues weakened or held flat while Electric showed slight strength and Central Traction traded lightly at 80 for two shares.
The report shows a quiet easy local money market with good checking and near average routine lines. New York clearings reach $70,185,003 with balances around $15,085,117.
Fragmentary OCR notes show decreases in grain yields across crops with figures: one bashels 1,158,000 bushels and corn 1.53,000 bushels with declines of 61,000 and 21,000 bushels. Names and places are unclear.
At a weekly meeting of the Baptist Ministers Association in Curiaco on May 20 the offer by Mr. J D Rockefeller of 600000 for the local university estate was discussed and a decision considered to raise eight hundred thousand dollars toward creating the institution.
Traders watched the Bradford rule vote as the oil market opened flat and carried little momentum. Prices edged up then fell back, with a closing near the day’s late levels as field news and broker chatter influenced sentiment.
The report notes a steady start at 13.0 dollars and a slight rise before turning dull. Total U S. sales reach 260000 barrels with shipments around 108949 barrels and totals near 649 barrels in earlier figures.
Prominent sales and mortgages recorded include Samuel W. Black & Co selling a Fifth Avenue plot between Hiland and College avenues for 13500 with 404 by 464 feet frontage and depth. James W. Drape & Co noting two West End parcels valued at 174 remains with a 6 percent mortgage on a Northside mill project. George Currin acquires a cene lot on Oakland by 28 feet 3 inches by 200 feet via John F. Baxter agent at 672 Smithfield.
The New Year trading session showed higher activity and a generally firm to strong tone on the New York Stock Exchange. Grangers and coal stocks led gains while Transcontinental and Union Pacific swung, with mixed results among prominent issues as traders chased price advances and absorbed short interest.
Incomplete OCR text mentioning Besion Stecka and scattered terms like Land Gr and Wis Central. Appears to be garbled identifiers, percentages, and locations with no clear event or outcome. No coherent story emerges from the fragment.
The week ended May 18 saw standard silver dollars issued by the mints totaling 4 068 dollars. The comparable period last year is not stated. Fractional silver coins issued since the start amount to 835 dollars.
New York May 20 Consolidated ae and Virginia 775 Deadwood T 100 Eureka Consolidated 17 El Cristo 125 Hisle and Norcross 415 Homestake 760 Horn Buver 110 Plymouth 87 Stan Pt Small Hopea 115 Sullivan Consolidated 12 Union Consolidated 400 Yellow Jacket 415
The May report of the Agricultural Department’s Statistician analyzes ten year averages to show Europe’s net deficiency or surplus in cereals fibers and dairy products and discusses potential export expansion. It notes Europe imports vast wheat amounts from the U S and comments on oats barley maize and wool, with figures on recent receipts and trade dynamics in St. Louis.
Deutsche Lloyd steamer service to London and the continent operates twice weekly from New York to Southampton Havre and Bremen. The schedule lists various May and June departures on steamer Umbria and others with first class and intermediate passages at reduced rates. Agencies at New York and Pittsburgh handle bookings and tickets.
Market notes show light activity on Liberty Street paving as produce trade begins slowly. Strawberries remain available though reduced in size due to Tennessee drought. Norfolk expected as main supplier. New potatoes scarce, eggs weak, butter softening. dairy prices slip with minor upticks in London and Chicago. Various fruits and vegetables listed with mixed, cautious pricing across year’s early market.
A dense OCR style listing outlines coffee varieties and prices, plus canned goods and pantry staples. It notes shade weaker Saturday but packages unaffected, with numerous brand names, grades, and per unit prices across coffees, dried fruits, nuts, and canned items.
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