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Pittsburgh Dispatch in Pittsburgh, Pennsylvania

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Newspaper

Pittsburgh Dispatch

Location

Pittsburgh, Pennsylvania, United States of America

Date

Oct 08, 1892

Page

3

Chicago Gas Booms as General Electric Leads Rally

New York stock market gains amid industrial strength with Chicago Gas hitting a record high as distilling and cattle feeding rise. General Electric advances to a record, American Tobacco climbs while the railroad list shows mixed movement and bond firmness amid cautious trading ahead of Columbus Day celebrations.

New York Columbus Wall Street Chicago Shorts Comany General Electric Son General Railroad New England Jessa American Tobacco National Cordace Union Pacific Denver Gulf Firets Toledo St. Louis Kansas City

Wheat market rally and retreat mark Chicago session

A strong early advance in Chicago grain prices faded as the session progressed. Dry winter-wheat weather and crop damage reports supported gains, while later selling reduced the advance. Corn and oats stayed near steady, hog futures rose then retreated, with November pork finishing higher by 7 cents.

Seaboard Baltimore Red Upton

General Markets Report Shows Mixed Grain and Commodities Activity

Export demand for sos and grains remains active with large spot and futures volumes. Wheat and oats see firm prices in various markets while barley and rye stay steady. provisions and coffee move with modest gains and regional price variations.

Trier Slige Siage Gesgo Shige Sisge Sontag Chicago M.tie New Orleans Fancy Jim Zige Western Steam P. TT Ee Feopucre Regisenisin Westenry Philadelphia Sesenacs Cole Pennsylvania St. Louis Iowa Prairie Toledo Minneapolis Waite Northern Virginia Reen Agees Hhura Tee Milwaukee Capring Kansas City Joe Cincinnati Lara Baltimore Buffalo

Call Money Higher In Quiet Market Session

Prices held steady on the Chicago Board of Trade while the New York Stock Exchange showed only limited gains. Call money rose to 6 percent with 7 and 8 percent in exceptional cases as funds tightened ahead of tax payments and a Georgia Central loan shift.

Formay Chicago Board of Trade New York Stock Exchange Georgia Central Spryer & Co H. E. Hollins & Co Stock Exchange Jease Seligman Europe Associated Press Spryer Georgia Central Loan New York City Met i Sos Ina ‘Sigendalis

Market Report Notes Shares and Local Firms

A. J. Lawrence & Co. sold 10 shares United States Glass preferred at 115. The Snowden Manufacturing Co of Brownaville Kaysttse county shows capital 15000. The Everett Stein Co of Bedford county capital is listed. Sproul & Co.'s market letter comments on bank deposits and stock activity, noting a cautious outlook with a narrow market and limited pass in terest shaping sentiment.

A. J. Lawrence & Co United States Glass Snowden Manufacturing Company Brownaville Kaysttse County Everet Stein Company Bedford County Sproul & Co New England Cal Denny Seventh Street Bedford Avenue J. H. Broning Tum! Street Negley Avenue Eri. G. Moon Spuhr Street Alder Street College Avenue Sadler, Evans & Co Kelly Street Lincoln Fifth Avenues George Huth Boquet Street Bates Street MoKessport and Wilmerding Land Company McKeesport Wilmerding Wilmerding Electric Greensburg PLC McKeesport and Imerding Land Company B . Carskaddon Pennsylvania Railroad D. W. M. Taylor MckKeesport J. C. Derothy Dr. C Be Stuckalager The People's Bank Emaeeeers S.A. Dickie &Coo F. P. Belltog A. Murphy Fahnestock Homewood Avenue Black & Baird H.R. Shepard Eureka Land Company Frazier Street Wilmot George Schmidt Allequippa Street Eureka Place Oaki Nu J. W. Brawady Easy Realms D. Behon & Son Annie Connors P. Snelde Scott & McMilien Harry Brooks A.W Sweeney Overhill Sixth Ward Allegheny Beta Feer W. A. Herron & Sons Toest Business Max

Money and exchange rates across cities on October 7

Eastern exchange and currency trade quoted at par with 5 6 percent funds. Money on call tight at 4 10 percent, with rates bid at 6 percent. Bank clearings and balances listed for New York Philadelphia Chicago Baltimore St Louis New Orleans and Cleveland with discounts on New York exchange and varied domestic money markets.

New York Wiladelphia Civicano New York Exchange Sterling Exchange Batimore St. Louis New Orleans New York exchange—Commercial

Large 180 acre tract near Kensington under negotiation

A negotiated 180 acre tract about 20 miles from the city near Kensington may settle soon with J. Dick pursuing the purchase for a local manufacturing concern. Other notes report multiple land sales, permits and new constructions across Allegheny with factories, streets widened, and rail lines shaping a developing district.

Fumay Kensington J. ©. Dick George B. Hill Commodore Rodgers Perrysville Avenue Keating Hill Theroperty Hidson

Trade booms out West and improving general business

Report from Fairway on October 7 notes steady improvement in overall trade through the season leading to the holidays. West markets are booming with many mills and shops working at full capacity, while prices remain largely unchanged and collections reported as untroubled.

Baltimore and Ohio Hazelwood John Hamilton Eng Griffith & Caldwalder Oliver P. Senife & Co., Limited Wateau Tenth Ward Allegheny Allegheny City Faiway Chicago Snuzar Jersey Cape Cods Jamaica Or Bu Baltimore

Grain and Flour Exchange sales and miscellaneous goods

Sales on call show mixed corn and timothy hay offerings with prices for five day terms and multiple carloads. Grocery items include canned fruits and standard staples with regional prices, while dairy, poultry, fruits, and vegetables list steady or rising demand and current market quotes across several categories.

Lara Grain and Flour Exchange Timothy Tve Timothy Bay BR. & Keon C. C T. L Nort Sen Miard Stover

Miscelaneans Bucewirat Plour and Farm Goods Prices

A fragmented list of farm commodities with pricing and grades. Includes BUCEWIRAT PLOUR new, SHEDS cholee recleaned Western, various beans clovers millets and grasses priced per bushel, beeswax honey molasses and geese notes, plus hides and salt provisions with assorted quality terms.

Cholee York Michigan Vossel Lima Lbennsylvania Ohio

Iron and steel market shows rising demand and prices

Trade in raw iron and steel remains reasonably active with improving demand for certain brands. Southern furnace quot a tions higher by 25 cents per ton signal better market conditions, while producers hold futures and expect higher prices this month. An Eastern dealer notes more strong features than weak, though not yet fully settled, with prices seen as safe through the year.

Feipay Ocr. T

Market reports show rising coke demand and new orders

Rogers Brown and Merwin state the market remains healthy with improvement signs. Northern and Southern coke makers maintain earlier trends and sell freely at quotations 25 to 50 cents higher than a month ago. Southern furnaces report strong demand and some grades fully booked for delivery this year. Consumers acknowledge a market turn with many small and medium orders now.

Rogers, Brown, & Merwin Ormness

Market firmness noted by Rogers Brown & Co in iron prices

Rogers Brown & Co report a firmer market this week with strong demand lifting cheaper iron grades. White and mottled close furnace grades show rapid price gains while steel billets and bars remain in short supply and prices may rise to support production.

Pamapenrnia Rogers Brown & Co

Advance in furnace output sparks regional price shift

In Crecinxati on October 7 a report notes that Southern forioees have adopted a fic per ton price rise. The market shows no unusual activity lately but the advance is expected to surpass the total furnace output since the reporter’s last update.

Crecinxati Specia Rotgers, Grown & Erwin

New York Metal Market Report Shows Copper Firm

New York October 7 traders report copper firm with prices around 14 to 14.50 a pound while steel and other base metals show stability. Market activity remains quiet with limited demand noted across major exchanges.

New York Aimarican

Dry goods market stays quiet amid celebrations in New York

The New York dry goods market shows further quietness in new business with no change expected next week due to celebrations. Sheetings were firm with a small advance noted in one yard.

New York Amoseng

Wool market reports mixed demand and firm prices

Oct 7 wool market notes show improved demand for some lots and steady prices for others. Large attendance at wool sales, strongest competition for merino and cross bred grades, with good quality bales selling, while domestic and Texas lots show firm prices and varied weights.

Pat Laperritas Lawpox Texas

Cotton Receipts and Exports Reported for Several Regions

Galveston dispatch notes cotton market activity with weekly net receipts around 4,062 bales and gross receipts over 40,000. Exports to Great Britain, France, and the continent total tens of thousands of bales, with stock figures near 90,000. Values show mid dling to ordinary grades and recurring coastwise sales.

Tye Woodling Cserns Volta Ae Beltaing Ans Sas Bates France Great Britain Galvestox Sige Road Greer T Britain Salon

Bar Silver Prices Rise in London and New York Trade

Bar silver in London rose to higher levels and New York silver prices advanced, with quotations around 5 1 2 dollars per ounce. The report notes London markets showed gains aiding New York price levels.

New York London

Bank of England draws £40000 from balance reported

An item from Lorpon notes a withdrawal of 40,000 pounds from the Bank of England balance on the date. It also lists various market quotes and discount rates across new York and London exchanges with sporadic figures for Consols and central rates.

Lorpon Bank of England Balkance New York Pennsylvania Pacife Erle Central New York Central Mar. Maries

Also Mentioned on This Page

Fis Gen St. Luis Paul Cansols Pacific G. W. Ets T. Cen Chojor Cal Ao Deat Wooth Sould Urry ccc Union Cen Hiaw Norcross Yellow Jacket Momestake Lion Silver Onichn Yee Atchison Chicasroon Erie Louisville Nashile Northern Pacific Reading Richround West Point St. Paul New York Stock Excharer Wanney Yoeig O.phay Coir Ake Moric Erie & W MLS Linisville &Nich Central Bile & Ohio Abe Miscouri Pacific Ronin Avesta West Seorthern Pacific North Pac Ute & Mientseipes St L Bet Are Vai Carter & Co General Markets P. & B. Trac. Hona Philadelphia Company la Noria Mining Com Westinghouse Electric Scrip Pleasant Alley Railway Duquesne Traction Fliat National Bank la Érin Mining Company Sic First National Bank Electric Second Preferred Boston First Westinghouse People's Natural Gas United States Glass and Monongahela Navigation Company Citizens’ Traction P. & B. Traction Monongahela Water Woerlshoffer & Co. Snr General Electric Company Westinghouse Company Westinghouse Electric Aere New York Court of Appeals Thomson-hlouston Piost Call la Norlin Mining Company Westinghouselectric Scrip Pleasant Valley Railway Duquesne Tracon Ccce Sahares First Nations Dat Sd Cali Dia Ask Allegheny Plus Freshett BK Fidelity T. &T. Co Ee Monon Na Kellows P Pesllog & Ky Fereee Ae Seenees Washington Weatinghouse Company Pen Encra Electric Company Aco Authority Soek Rochester Pittsburg Financial Notes J. Stoney Seseesesecreesf Valances Eexcuadrcs Oipscnpeecssereecse Grocerie Ee Faerre Gautenhie Myssera Calierae Valencia California Collanne Nick Carolina Louisiana Uere County Eesbertinn Ogi Tomate Wees Dairy Producta Elgin Tagasiec Wuntry Ton Zi Abic Mbib Prease aseKen Wisconsin Pwetlser Uimburger Ubie Baie Father Bessemer City Furnace Messmer Dec Hesweier Emer Gray Forge ATS Caale W. Werap Tone America Valley Dei Ec Loveveseereensens A. BO Csereneeeee Philadelphis Eagar Linerty Philadel Poten Ae New Your York Seeves Texans Colorado Ilsc Asgic Wool Roum Ur Alney Ry Boer N. Eng Bell Sony Seems Ubedelphia Eric Daniel M’caffrey Timothy Hay Fifth Avenue John M. Oakley & Co., Bankers and Brokers Mireet Car Cago Carcage Pists Sea Securities Cas Securities Wuirxey & Stephenson Fourth Avenue
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