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Newspaper
Pittsburgh Dispatch
Location
Pittsburgh, Pennsylvania, United States of America
Date
Oct 26, 1889
Page
3
The report notes first frosts end outdoor tomatoes and a shift in supply across food lines. Poultry prices ease while high grade oysters hold. Florists face weak demand but expect steady after holidays. prices listed for meats, vegetables, fruit, dairy, and flowers with numerous named varieties and price points.
Office of Pursrure perasee notes cattle receipts of 00 head, market dull with no cattle shipped to New York. Hog receipts 5400 head, shipments 4000 head, market fair with Philadelphia workers and New York shipments. Steer and other stock details appear partial and uncertain in the day’s market summary.
Telegraph report shows cattle receipts across major markets with shipments and price ranges. Beef steers and stockers see steady to higher quotes, hogs strong to higher, sheep moderate. Kansas City and St. Louis show mixed movers, while Boston notes wool trade activity with subdued pricing and steady demand for fine and medium grades.
Chicago Wheat prices traded moderates with May futures firming while December lagged. Market opened dull, advanced to gains then eased, closing higher for December and May. Reports cited weak cable advice and rumors of a large crop yield. grain markets elsewhere showed mixed activity with corn and oats rising modestly and lard and butter steady.
Mortgage activity shows largest loan of 6500 recorded yesterday. Oakland’s Schenley estate lands 8 acres to be sold as lots within a month. General Benjamin Butler elected president of San Miguel Gold Placers Mining Co in Colorado. Real estate lenders report mortgages as low as 53 70 per acre, with several at that rate. Clearing House manager W W Chaplin ill, unable to attend. Government undecided on leasing Semple building for post office. an expert will assess. New York Loan Improvement Co orders 6000 tons rails to connect lines near New York and Ware era. depot planned in New York. Te Letugh Coal and Navigation Board approves stock increase via allotment post to present stockholders. Treasury notes shift silver surplus. 5 419 538 silver dollars in favor.
A fragmentary notice mentions DwraTron Selescape and an unidentified context. No clear details on date location or purpose are provided in the readable text.
A city property transaction shows an aggressive buyer’s tactic pushing a seller to a high price, while towns near Pittsburgh pursue electric lighting with public interest rising. Gas supply fears in Glasgow spark steel price talk, coke shipments struggle with car scarcity, and limited liability in corporations is discussed amid regional development chatter.
Market notes say the weakness in natural gas shares is spreading to favorites. Philadelphia Gas again drew attention as it opened at 11 then sold down to 9 1/2 on 425 5 8 trades. support appears weaker and a further decline toward 9 or 8 3/4 could occur before the close.
The report lists shares traded in Philadelphia Gas and Westinghouse among others with 218 474 total New York stock volume yesterday. Notable amounts include Atchison 10620 Delaware Lackawanna Western 14668 and Union Pacific 4743 among listed listings. Andrew Caster sold 100 shares and $2000 value noted.
The piece contrasts Pittsburgh as a creditor city with abundant funds and Chicago as a debtor center facing tighter money. It notes easy money in New York, strong demand for funds, sizable clearing and balances figures, and forecasts for a continued easy money market through winter.
Oil market surged as prices climbed to 106 percent with opening at 10531 and high of 10634 amid expectations of short covering in New York. Pittsburg and Oil City backed the rally while outsiders stayed away and trading was thin. Wheeling Natural Gas plans four new wells in Washington county to feed the mainline, with early drilling already begun and completion expected within a week. Corrected daily by John M. Oagby & Co. at 45 Sixth street.
Fragmented report shows petroleum trading patterns with prices around 108 dollars amid covering of shorts. Certificates and transit notes opened and closed at varied levels, with price highs and lows noted and market activity described in speculative terms.
The notice records several real estate transfers including a wood street dwelling sold for 2200 to Mrs. J Carey, an Edgewood house and two lots for 4500 to Frank Van Haag, and multiple parcels on Union Street Park Place and Oakland Avenues with prices ranging from 990 to 2800.
Active trading on October 2 sent stocks higher with Union Pacific and Northwestern leading gains. Granger group stocks, Rock Island, coal shares like Lackawanna, and several rails posted notable advances while sugar fell. Bonds remained firm and total daily sales reached about 1.5 million dollars amid broad market activity.
Irregular but fairly active market with steady futures, modest changes in spots. Straits and lead markets show slow but firm demand, tin and platers strong with high prices, copper and zinc mixed and steady in places.
The drygoods market in New York shows steady demand in present wants and liberal futures, with prices comparatively firm and money markets improving. Business remains quiet yet healthy, stock levels are surprisingly good, and conditions are expected to extend into spring trade.
The Pittsburgh market notes steady dairy, improving Swiss and Limburger cheese prices, tight fancy apples, and strong Jersey sweets. Potatoes and oats show weakness amid heavy supply. fruit demand steady with near season end. diverse dried fruits, nuts, and coffees listed with varied prices.
Grain Exchange reports mixed movements for hay corn and wheat with downward drift in hay and general weakness in wheat. High grade cereals remain in demand while flour movement stays active. prices show a soft tone across carload quotes with limited gains for erstwhile staples.
At midnight two men boarded Fort Wayne road train No 3 at Mansfield Ohio while staff worked on the platform and attempted to rob sleeping passengers. Brakeman Johnson spotted the pair as the train moved, struggled to hold them until other trainmen arrived, and the robbers were turned over to Mansfield police.
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