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Newspaper
Pittsburgh Dispatch
Location
Pittsburgh, Pennsylvania, United States of America
Date
Sep 12, 1892
Page
7
The issue reports higher coffee prices and strong general business to date, with heavy payrolls boosting retail and wholesale trade. A deal between the American Sugar Refining Co and Associated Wholesale Grocers introduces an extra 1 percent discount on 10 barrel lots, with formal certificates and remittance terms to enforce the quotations.
Wholesale notes show Roasted coffees advancing while high grade sugars drop recently. Prices on bacon lard and dried beef quoted at dealer meeting with revised dairy and fruit quotations. Cotton markets steady in Galveston and Liverpool with mixed regional receipts and exports.
For five trading days market activity rose with gas and street railways leading gains. Active issues included Central Traction, P. and B. Traction, Duquesne Traction, and Westinghouse Electric. demand for Daognesne and Philadelphia Company remained strong after hours. Closing bids favored higher prices next week with several rail and lighting stocks showing gains.
Agricultural brief reports cool, cloudy days slow corn, frost risk late. Wheat mostly stacked. reports show improved feeding oats, rising Minneapolis elevator activity, and heavy threshing in the south. Sugar and wholesale items note steady markets. coffee supply seen tightening globally.
Market quotations show grain and feed trades with multiple car lots of wheat corn oats bran and middlings listed alongside prices. Entries reference feeders prairie hay timothy and rye with quotations from the Grain and Flour Exchange and dealers noting bid and asking prices and transport terms.
Pig iron quiet and steady in domestic trade with prices near $4.10 a ton. Copper shows quiet demand with a price around $1.25 to $1.40 per pound and domestic markets easing.
Wheat closes 30 higher as frost forecasts lift corn, while futures show mixed gains and dull provisions. Bradstreet export up 1 percent week over week, despite record U S grain stocks. cash quotes list varied values for flour, wheat, corn, and meat products amid market volatility and cautious trading.
Demand for discounts rose during the week led by manufacturing sources while funds remained ample. Rates held at 5.6 percent with most business near the ceiling. New York money on call at 4-3/4 to 5-1/2 percent. sterling and exchange activity noted. Clearing house figures show two week totals and year over year gains in Pittsburgh exchanges.
Financial notices from Philadelphia and Cincinnati show weekly bank clearings totaling 56,470,500 with varying balances. Figures include New York exchange activity and year over year comparisons, highlighting totals for the week and corresponding prior period.
Market summaries from New York to Buffalo note cholera fears affecting Chicago receipts and light clearances. Reports include No 2 red winter wheat prices, futures moves, and spot markets across multiple grain and by products with mixed steady to dull tones.
East Liberty Pa Sept 10 hogs firm and higher cattle and sheep unchanged. Receipts and shipments listed across regions with hogs active in Chicago Cincinnati and Kansas City markets. Cattle and sheep show steady demand with export grades sought and regional price ranges noted.
The column notes cattle receipts with Haflajo and Hox entries, several loads through and on sale, and prices around 350 to 356 per hundred pounds. Sheep and lamb receipts show multiple loads through and on sale with Canadas held over, plus fancy wethers and natives showing varied demand.
An old advertisement promotes Carlsbad Sprudel Salt powder as an aperient laxative and diuretic that clears the complexion and purifies the blood. It notes the genuine product bears Eisner & Mendelson Co. signature and lists 6 Barclay Street York as agents and importers of mineral waters.
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