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Newspaper
Pittsburgh Dispatch
Location
Pittsburgh, Pennsylvania, United States of America
Date
Sep 03, 1890
Page
7
An editorial highlights Pittsburg's apparent postwar prosperity with trade attractions easing. It warns youths about outside schemes for quick wealth and stresses sticking to a chosen trade, noting robbers and dealers report more demand and prices rising as wholesale grocers and jobbers struggle to replenish stock.
A Pittsburgh dairy dealer reports Western Reserve observations: cheese factories show reduced stock and rising prices, with milk shrinkage of 3 to 40 percent from July peaks. Ohio cheese yields remain strong, August production begins, and shippers withhold stock as New York Utica and Lane Falls confirm price gains.
The Office of the Pittsburg Disputes reports cattle receipts at 55 head with shipments 5 head and a market at yesterday's prices. Hogs receipts 2 head, market firm. Sheep receipts 1,000 head with 500 head shipped, market fair at yesterday's prices. Wool and other items show no shipments today.
The report compiles erratic livestock data from New York to Chicago trading hubs. It lists carloads of beef and cattle shipments, varied prices for natives, Texas and western beef, and mixed hog and sheep quotes amid slow, uneven demand.
Fragmentary report shows varied wool grades across locations including New York Michigan Indiana and Western regions. Mentions medium coarse fine washed and unwashed lots, plus prices and origins such as Canada Montana and Delaines with scattered abbreviations and syndromic terms.
New York report notes today’s business in dry goods shows improved transactions and higher spirits while fabric shortages persist. Jobbers report dwindling stocks and anticipate a rush for goods, with active activity in cotton and woolen dress goods and solid demand for fine and medium bleached cottons.
Chicago wheat markets recovered most of yesterday’s decline with a firmer tone as large traders shift toward the long side. Corn advanced amid stronger demand from shorts and forecasts of colder West weather, while oats and pork moved with varied but steady tendencies across futures and spot markets.
A nostalgic verse traces Castoria as a constant remedy through a girl's life from infancy to motherhood, noting how she relied on Castoria during illness and shared it with her children across stages of growth.
The piece argues Pittsburg’s growth promises stable real estate values led by parks and rapid transit. It notes building permits issued including a Duquesne Theater project, multiple dwellings and a stable, with costs around $40,000. Local market moves show activity post holiday with trades, rail and gas stocks steady and several property sales across Oakland and Allegheny City.
The 1 o'clock call resumed with little benefit to business as trades were scarce. Sales across three calls amounted to 15 shares and 400 Electric scrip at 80, with minor gains in Philadelphia Gas and Luster while most listings stayed flat. New York and Cleveland Gas Coal closed a point lower. Several small holdings including Central Traction and Oceanic entities show minimal movement amid overall inactivity.
Clearing House reports strong Saturday and Monday activity with exchanges at 2,859,729.07 and balances 346,927.93. Officials anticipate policy to ease money markets, including possible purchase of outstanding bonds and anticipation of full year's interest on 4s if needed.
Stock market brief notes closing quotations for Philadelphia stocks. Furnished byWhitman Seephaneon unease No. S7 Fourth Avenue, New York Stock Exchange listings indicate muted activity and slight shifts in key shares.
The Ohio Pennsylvania oil market showed little movement after a double holiday. Activity remained similar to Saturday with bullish hints at times, closing near the day's low. Prices fluctuated within a narrow range as expectations and shipments appeared subdued.
A list of mining stocks shows allocations and prices for several companies including Caledonia B. H. 185 Del Monte 250 Homestake 1000 Horn Silver 355 N. Belle Isle 100 Plymouth 300 Phoenix Ariz 100 Potosi Sierra Nevada 260 Standard 150 Sutter C 1 and others.
J M Wilson of the Monongahela and Ohio River Navigation Company urged action on river obstructions notably low bridges between the Point and Herrys Island. He warned bridges blocking navigation cost the city untold thousands if not raised. Wharf activity was quiet as water fell then rose with the wickets raised throughout the day.
The OU Markets report shows 2 Petroleum opening steady then weakening under free sales, October option down. Prices rallied to close steady as Pennsylvania oil and Lima oil posted varied openings and closings. September 2 Petroleum opened high then fell. total clearances and barrels traded provided, with Ohio oil market noted as slower with prices stable.
The New York market opened with strength on light volume led by London, with Sugar Refineries up and a broad list gaining about 4 percent at times. By midday gains faded, shortages and rumors about Rock Island and Granger stocks weighed on sentiment, closing dull with small fractional losses across most issues.
Driftwood reports ships arriving in good shape as large barge bottoms moved down the river this week. Vessels including H. K. Bedford and Jono F. Walton reached Louisville and Coal City came in yesterday afternoon. Onward towed Goulds from Pt. Pleasant to Cincinnati, while Frank Gilmore Charles Brown and Percy Kelsey returned from Cincinnati with empties. Captain J. A. Woon arrived in Louisville to oversee business. Joseph Gould passed Pomeroff, Tom Reese No. %. All fleet members with coms reached Cincinnati, delayed by fog. Iron Age with five barges and a full barge of fuel moved to St Louis, Lizzie Bay due this afternoon to reenter Kanawha trade. Tex second fleet out past Concord in fine condition led by George Shiras with Josh Cook behind. Thomas Calhoun, commanding Keystone State, left Cincinnati for Remactar with passengers from Evauer.
In a scattered late news roundup, an explosion wounded multiple people at a Seattle hotel. Other notes report strikes by Missouri coal miners demanding two cents per bushel and Illinois broom corn cutters seeking a 25 cent daily raise.
The vessel built in 1876 and renovated in 1854 at a cost of 13000 dollars is offered for public sale on Tuesday September 9 1890 at 10 in the morning at the Pittsburg Wharf foot of F Street. It measures 220 feet in length 40 feet beam overall 52 feet hold 6 feet and carries 29 feet of square area with six inch boilers and extensive gear for towing coal boats and barges. The boat known for fuel efficiency and a large tow in March 1887 from Louisville to New Orleans is fully equipped with lines chains rockets and wire lines and has a five foot draft when light. Jony M Risher assignee of L D Risher No Wood street Pittsburg Pa offers details upon request.
The September 2, 1800 market digest reports butter prices halting their rise as Cleo notes an earlier advance fading. Cheese continues to rise with firm demand, while tomatoes and currants show price shifts. syrups gain strength and overall staple goods trend higher.
Fragmentary text lists rye flour and wheat with prices and a few numbers. Names and locations are unreadable. The piece seems to be a jumble of commodities and figures without a coherent event or context.
A damaged OCR fragment lists sugar cured hams in various sizes, bacon cuts, dried beets, lard, and canned goods with mixed prices and unit descriptors. The text reads like a 19th or early 20th century grocery ledger showing weights such as 114gc and 12c and items including hams, shoulders, bellies, lard, and tins.
The Board of Trade provides figures on wheat and related data. Decreases show 50 000 bushels, total 282 000 bushels down, while data indicate an increase of 559 000 bushels overall. Other totals include rises of 7 000 and 104 000 bushels in related categories.
The account notes Mrs Henry Hunziker of 749 Colwell Street in the Eleventh Ward suffered extreme catarrh and dyspepsia. After exhausting other remedies, she sought cure from specialists at 23 Penn Avenue and reports improvement.
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