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Newspaper

Pittsburgh Dispatch

Location

Pittsburgh, Pennsylvania, United States of America

Date

May 24, 1890

Page

3

Iron Trade Review Sees Upward Iron Market Tide

The Iron Trade Review reports a sustained improvement across iron markets with Bessemer iron showing the strongest gains. Buyers rush in on expectations of higher prices while sellers resist concessions, signaling a shift to a firmer market for the balance of the year.

Bessemer Seperton Angiea Pative Ord Luke Meese Ataeke Harcesi Uck Blooms Ipoh

Falling Demand for Pig Iron Hits Birmingham Region

In Birmingham Alabama on May 23 authorities report a notable drop in pig iron demand this week. Demand remains uncertain with no production cuts, furnaces mostly in blast, and output averaging 17,000 tons weekly. Prices unchanged though some mills hint at small cuts for large orders. No contracts for future delivery. dull market likely for three months with a possible 5 cent per ton decline.

E Mony Pratt Company Cincinnati

No Change At AT T Louis YRCAL Tell Pa Br

Rogers Brown Mea cham report a steady market with large consumption and steady small orders meeting immediate needs. Prospects of lower prices due to new furnaces held back future deliveries. Southern furnaces expect higher figures in summer amid strong demand for ghieatie ers and charcoal irons.

Yrcal Tell Pa Br Rogers, Brown & Meacham St. Louis Rey Vere Missouri

FEELING THE INFLUENCE ON IRON INDUSTRY MARKETS

In Philadelphia on May 2 the grain and stock market activity is lifting iron industry demand. Small orders rise and inquiries for larger lots increase, while prices show no net advance. Ores from Cuba and West reports hint at higher output from Eastern furnaces. Signa Iron Co plans ore development and aims at Bessemer use, boosting optimism into July.

Epator Philadelpuia West Signa Iron Eee Ee Br Cur Incl Chauvent Agere F. Baker Sui Cuba Pennsylvania Steel Company Iar Coneeen Ide Sasrenntat Skelp Ea Linglises Snennel Spite

Market Holds Firm As Prices Stay Low Across Trade

At the center of today’s business, Rogers, Brown & Co. report steady activity amid generally low prices. Sellers largely refuse to lock in deliveries beyond four to five months unless backed by higher costs, while a few impose longer terms with elevated prices. A buyer seeking a round lot for shipments beginning in Serica faced notable constraints amid the ongoing market tension.

Opal Telegean Crécixeau Rogers, Brown & Co Serica Pitssboro Wheeling and Cleversed Bessemer Iron Steel

Demand for Small Lots Dominates Chicago Market

Rogers Brown & Co report steady demand for small lots with quick shipments and occasional orders of 800 to 1 000 tons. Buyers expect prices to ease, though signs of a market bottom appear. Iron, copper, lead, tin show mixed movements as summer buying lags.

Ee Jutator Chicago Rogers, Brown & Co Muyers Lake Superior

The Market Basket Prices and Market Conditions

Market notes show strawberries from Maryland entering more freely with good quality while Southern garden produce is reportedly in poor condition due to bad weather. Butter and eggs fluctuate with tight supply, lake and ocean products improving. cattle prices surge. Retail prices cover steak, roasts, various meats, garden staples, fruits, and seafood, with florists expecting a busy next week due to patriotic grave decor.

Maryland Elgin Pittsburg

LIVE STOCK MARKETS East Liberty May 23 18m

East Liberty stock market report details cattle hogs and sheep receipts and shipments across major cities. Cattle receipts 1 002 head at East Liberty with through consignments. hogs 2 900 received and 2 650 shipped, prices for medium to best hogs quoted. sheep 1 000 received with prices noted. Also summaries from Chicago New York St Louis Cincinnati and Buffalo markets with varied receipts and price movement.

Thunsday New York Telegraph Chicago the Drovers Journal Texas Ahipmenta Reeves ST. Louis Cincinnati Bee

Wool Market Report Shows Strong Activity Across Regions

Wool sales totalled 2 764 000 pounds with steady tone. Ohio and Pennsylvania fleeces sold at 31 21 60 for KX and XX and above, Michigan fleeces firm at 9 6, Utah and Wyoming firm around 17 to 20 cents, Texas and California spring wools active, Oregon quiet at 17 19 cents. Carpet wools steady with mixed regional prices and clear demand in Philadelphia markets.

Ohio Pennsylvania Michigan Utah Wyoming Texas California Oregon Philadelphia West Virgina New York Canada Montana

Real estate deals and market surveys in Pittsburgh chatter

City real estate brokers discussed the Equitable Insurance Company topic, noting Central Hotel property valued near 400000 pounds and a rising demand for large properties. Pittsburgh and McKeesport attendees at a June Chicago mechanics meeting loom large, with plans for a parade and possible association name change shaping local business confidence and investment activity.

Equitable Insurance Company Dea Central Hotel Pitttsborg Chicago Pittsborg National Council of American Mechanics McKeesport Braddock Pittsburg

Stock Market Gains On Light Volume Amid Mixed Calls

The stock market showed more gains than losses with light overall activity totaling about 25 shares traded. Key movers included Philadelphia Gas up 0.4, Citizens' Traction up 0.4, Pittsburg Traction up 0.4, and Airbrake up 0.4, while La Noria slipped 0.01. Westinghouse Electric and Philadelphia Gas led early and third call sales, with total New York volume near 838,000 shares for the day.

Philadelphia Gas Citizens’ Traction Pittsburg Traction Airbrake Luster Pleasant Valley Switch Breach la Noria Cott Traction Electric Bridgewater Char Pecces Central Traction Westinghouse Electric Philadelin Gas Philadel Eatinghouse Liedric Bio New York Atchison Delaware Lackawanna Ees Louisville Nashvile

Bankers Report Steady Demand and Stable Rates

Bankers reported good demand for money with ample supply and no squeeze risks. Financiers noted less idle capital in the city since month start while rates held at 6 7 percent. Checking slow, deposits rose to 1,881,808 37, balances 971. Money on call in New York was easy at 1 to 6 percent, last loan 834, prime mercantile paper, sterling exchange steady at 83 for 0 day bills and for demand.

New York Joan Sterling Exchange

Fragmented Market Quotations and Clearing Figures

The page lists miscellaneous quotations and financial figures including clearing balances for New York Boston and Philadelphia, Paris three percent rentes at 90f, and East exchange with a 76 cent premium. It references various transportation and regional securities and notes.

New York OAK Joston — Cleari Balanees Stoo Adelpilia Ances Paris East Hatrong

Better Figures Promising Oil Market Yet Prices Rise

The oil market opened with strength but overall sales were weak and below recent days, with Thursday near $4,000 barrels. Prices rose from 25.0 to 5c and settled near 9?c as buyers favored Oil City. Wells at Chartiers and Henry farm Eureka show progress, Montour station holds at 240 barrels, while scarcity and manipulation fears loom over activity.

Oif Whit Oil City Reburg Openina Vighest Helowent Mie Patiorun & Co Daves Shotita Henry Eureka Field Montour Station

Pentores of Yesterday's Old Market Corrections

A fragmented OCR listing various firms and prices appears from an old market page. It includes addresses in Pittsburg New York London Liverpool and figures like 7,400 and 6.90. McGrew is cited with a quotation about puts and calls.

John Moe & Co Sixth Street Pittsburg Petroleum LOWEN Dendion Chow New York London Liverpool

Oil market brief with mixed early May trading

May 2 3 petroleum opened at 020 highest 4c lowest 02c closed at BA. May 21 petroleum opened at Bilgez and closed at bilges with a 14c low. New York May 24 companies steady after earlier declines, trading turned strong and closed firm at higher levels. Stock Exchange opening and closing figures show the market unsettled but firming.

Bales Haadford Bilgez Bilge New York Stock Exchange Caztintte Tite Ile

West Virginia Wells Report Mixed Oil Prospects

May reports from Belmont West Virginia note limited gains with Locke No 2 producing about 50 barrels daily, expected to rise to 60 after tublog and packing. Friedal No 1 in Ohio may yield a small producer, Hart’s Barnyard and Blacksmith show potential, and Island maintains a steady 280 barrel rate. Eureka field wells Ed Hammat group show small prospects. many other wells in various stages of drilling or nearing completion across Cochran, Hydrick, and Hammet properties.

BeLmont W. Va Johnston & Brockunier Storey, Ackerly & Samuels Friedal No. 1 Ohio Hart Sweet William Mrn Johnston George W. Ross Storey, Hart & Ross Eureka Hammat Cochran Hydrick Hugh McTaggart

Claysville Oil Notes Track Drilling and Bonuses

In Claysville May 23 the Washington Oil Co Lindsay No 1 drilled through the Gordon sand with no oil show and will reach the fifth sand. Nearby wells yield lines of activity as Miller No 2 finishes casing and Gourley No 9 completes steps. McLain Cain receive a 17500 bonus tied to 30 day output averaging 75 bbls daily on their North farm. Nancy Botkins leases four acres to F B Frazier who will drill within 60 days. Leamon Carson No 10 about 1000 feet deep. No 2 sprains the Big Injun break. rig work continues for No 3 on the same farm.

Dispatch Claysville Washington Ol Company Lindsay No Carson Farm John McWilliams West Alexander Bradley, Kennedy & Co Gourley T. KR. McLaiin D. M. Cain Clemens Nancy Botkins Frazier Dee Hart Bree McLain

Fat as bacon from Chartiers gusher hits near O Briens Folly

The Chartiers creek area yields promising oil activity with multiple wells. The Rider-Wyllowell near O Briens No 1 shows signs of a 600 barrel day, McKee's Hocks and Bear Creek wells near 500 barrels, and the sphere church perpetual well near 50. E C Heardsley & Co drill on McKee farm near Narrows Run, with graveyard area perhaps tapped for oil.

Chartiers Creek Duster O'Brien Wyllowell O'Brien No. 1 Abe McKee Hocks Oil Company Bear Creek Oil Company Union Oil Company E.C. Heaardsiey & Co Narrows Run Bharoh

Down Turn in Stock Market Amid West Rumors

A New York market summary notes a broad decline with few stocks fluctuating beyond fractions. Grangers, St Paul, Rock Island, and Lake Erie saw activity. Atchison-Gould rumors faded. West reports lift Granger shares while Richmond Terminal declined on short-sale fears. overall volume low at 1,201,000.

Gould Lucar Refineries Brooklyn St. Paul Rock Island Lake Erie Atchison-Gould Atchison Richmond West Point London Pny Amon Colorado Coal Atlantic Pacific Minneapolis St. Louis Iowa Peoria Pekin Union Post Appeal Granger New York Stock Exchange

Better Berries Come to Front in Domestic Markets

Market report notes light receipts of cereals and good trade for dairy and eggs. Berries from Norfolk and Baltimore improve in quality. cabbage scarce and prices higher. Potatoes and onions show gains while apples and peaches hold steady. live poultry and eggs firm with tight supply. overall market activity viewed as the best of the week in volume.

PitTeuvne Diaratree Liberty Street Norfolk Baltimore Carolinas Buttre Ohia Ohio New York Acan Timothy Pye California A. J Bermuda

Groceries show steady demand and rising prices

Grocery markets remain strong with bulla favored for coffee and a 90 point advance noted yesterday. Sugar and broad staples trend firmer as textures and packaging rise, while many export brands and regional names appear in pricing lists, indicating a buoyant season for traders and consumers alike.

Rio Java Maracaibo ne _ Banton Apne Caracas la Uayra Nik Bie Dularacaibo Bantos Ohio Anelan Kega Mic Louisiana California Muscatela Valencia Sultan Oil Salonca Almonaa Lan Do Ivica Sicily Smyrna Brazil

Light Grain Exchange sale yields record-low receipts

The Grain Exchange saw a single call sale with 7 cars, the lightest in months. Oats and malt volumes moved, corn and millfeed quiet, ear corn lower. Prices quoted for carload lots include No 2 red wheat at 97 1/2 to 98 1/2 cents, No 1 at 16 to 16 1/2, and oats No 2 white extra at 31 1/2 to 32 1/2 cents.

Grain Exchange Pittsburg Cincinnati and St. Louis Baltisure and Ohin Pt Wayne Chicago Tee Ohio

Fragmentary 19th century ledger entry details hay and grain

Incomplete OCR excerpt describes quantities and items: Clover hay, wheat, and rye. Mentions wagon and prices such as 13 00 17 00 and 96 76 Q7 00. Specifics like Al 00 and Gr packing a 76 are unclear. No clear date, place, or full context.

Prairie Bay

Sugar cured hams and meats price list fragment

Fragmentary OCR listing diverse sugar cured hams shoulders bacon and dried beef with varied prices and misread items. Mentions lean ham 10 14 cents and quarter bar rel prices, but many terms are garbled.

Markets by Wire Wheat Nervous Higher and Up Corn

Wheat trading in Chicago was active and nervous with July rising toward 1 as bad crop news persisted. Corn followed up with a fair trade and occasional strength, oats and other grains showing mixed moves while some oil and meat markets remained steady. reports from winter wheat districts remained negative and rains in the Northwest continued to shape sentiment across the market.

Chicago Wsnally Hain Emerni Philadelphia Twentieth Street Pennsylvania ST. Louis Lige Sauly Wijge Baltimore Suhier Shertayo No. 1 Northern Bey PLC Cincinnati Milwaukee

Track and cash trends in midyear market notes

The report lists fluctuating cash and track activity with references to May July August periods, noting steady prices for certain items like corn and wheat. It mentions specific dates and months, including October, and observes unchanged cash levels for some commodities while others show minor movement.

Toledo

Drygoods Market Shows Buoyant Trade in New York May Day

Drygoods merchants report solid business in New York on May 2 with sizable home and export orders. Cotton goods remain buoyant as prices shift, with wool fabrics gaining strength and numerous price changes noted, including 44 bleached shirtings and various regional fabric advances and cuts per yard.

New York

Dunkards Love Feast Described at Lezier Meeting House

Reading May 2 reports the Dunkards holding their annual love feast in eastern Pennsylvania. Thousands attended as men and women washed each other’s feet, shared soup from a single dish, and exchanged holy kisses. The two-room division by gender and the beef, rice soup meal followed the foot washing ritual. The event lasted two days as the Allegheny dam case hearing was postponed for evidence gathering.

Reading Pennsylvania Dunkards

Also Mentioned on This Page

Iron Trade Review Birmingham AT &T Louis Bellors Dre Holding Erise Business Figeres Taplea Marion Hermuda Florida Ocean Products la France Meormets Bennetts Brunner Harrison Baronoia Carnations Spirea East Liberty Wool Markets Central Charleroi B. Hershey F. E. Frey George Sod Durfee J. C. Reilly J. L. Alberger J. Schalk Penn Avenue City Deposit Bank Homewood Gan George Westinghouse Thomas Liggett Hichland Avenue Howe Street John Liggett T. Paisley Reed B. Coyle & Co Home Rule Street Thomas 8. Griffiths Black & Baird L. T. Yoder Oakland Avenue Bates Street C. F. Ahlers Hamonet & Meredith Wilkins Estate Wilkinsburg Robert H. Hay Bellevue Euclid and Bryan Avenues Samuel W. Biack & Co Reed and Overhill Streets Eleventh Ward Alles & Bailey M. J. Stanford Chatham Street Andrew Sims J. W. Drape & Co Adams Street Allegheny Twenty-ith Street Peon Avenue McKoes Rocks Valace Union Sto. Co Ss SIR. W. AB. Con Gel Yage Agans m Cote M. K B.alge Ine Pacifica Meine Northern Pac Esiseestlassaai Northw Sally Tenn Union Pacific Saas O11 West Virginia Wells Chartiers Stoc Tae Stephenson Tae Avenue New York Stock Heain Pittsburg & “Wediern Amm Lehigh Valley Lehigh Navigation i Northern Pacific Boston Atch West End Land Co Old Colony Hell Telephone Central of New Jersey Central Pacific Quincy Cy A St L. & Pittas C&t Hockin Kio Ranude Jely New York Central Iepours Pacific Iziy i St. le. F N. Y St. L N.Y Norfolk & Weatern Norfolk & Western Perry Ghia Bie Uhlo Mississippi Transcon Pac Pullman Palace Hichmond & W. P Hichmond Wes V.t PF. Minn & Minn. Se Sone Be L Rae Aenee Union Pacife Wabash Western Money Woeeling & L TES Sugar Vrast Besional Ae Aa Trust Carnegie Halls Leonard Wales Pauline Fritsche Fifth Avenue Presbyterian Church Columbus Leonore Marcl Creese Reeseesensers Sores Rat Traumerel Cca Csees Aceese Gove Icen Seeese Estes Eeess Seesseessees Seereee Overbeer Dearest Papa Linia Ernant Arla Barbiere di Seviglia Semiram Uverta Mareb Minkitaire Baltornia Aeifornia Higgins Eureka Shore George's Cou de George's Herrin Brest Lake Finnan Haddock Deluge Missule New Orleans Western Steam Regia Soap Dairy Es Creamery Ite Drygoods the Dunkards Herr’s Island Dam Elphinstone California Fig Syrup CO San Francisco Cal Louisville, KY York, M Gall Bowen Srokers—Financial Waixey & StephEnson Fourth Avenue George H. Lincoln Beaver ST Ard Myria Myi John M. Oakley & CO Bankers and Brokers SIXTH
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