Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-11-15
THE TREND OF TRADE.
Expected Rise of Package Coffee Fails
to Materialize.
BRAZIL'S RECEIPTS FROM TIE Us
Millers of the Northwest Firmer in Their
Views of Flour.
WEEKS WORK AT THE LIBERTY YARDS
BRAZTL'S RECEIPTS FROM TIE U. S.
WEEKS WORK AT THE LIBERTY YARDS
OFFICE OF PITTsBURG DISPATCH,
THURSDAY, November IA, 1889. !

THURSDAY. November IA, 1889. !
There has been a steady upward drift of
green coffee for the past week, and by all
rules of trade packages should be advanced,
as they are now relatively too low. The ad-
vance this week in green coffee is close to 1
cent per pound, and the roasted article was
relatively too low before to advance.
Several of our leading jobbers have ex-
pressed surprise that there has been no rise
in packages. 1t is in the air that we are
bound to have an advance. The average i'm
portation of coffee in the United States of
late years amounts to 5O0,O00000 pounds Our
chief source Of supply is Brazil
Our coffee bills to Brazil amount in round
numbers to $50 600, ,0O0 annually. 1t seems that
British vessels are bringing these South Ameri-
can products to American shores. A leading
statisticisn says:
There is not per cent Of the entire amount
Of coffee consumed in this country, which in
wolves the consumption of more than half Of
the entire product of South America, that
reaches these shores except through English
bottoms
The Flour Situation.
The -four situation shows a better tone than
for some weeks past. Markets have evidently
been down to bedrock for some time, and the
outlook is Frightening One of our leading
jobbers received advices to-day from Minnesota
that bakers -four could not now be placed here
at less than l5c advance per barrel on lowest
rates touched a few weeks ago. The lowest
lay-down price here for the best spring patents
in wood by carload lots is IS 05.
The advanced freight rates of &c per barrel
between Minneapolis and Chicago will go into
effect on November 20. The change in freight
rates was made with view to closing OF lake
navigation.
An inspection of the accompanying report of
the weeks transactions at East Liberty yards
reveals the fact that receipts of cattle, both
through and local are very much lighter than
last week. Through receipts are l,O6O head less
than last week and lS90 less than the week be-
fore. Local receipts are 400 head less than last
week.
An Improved Qualify.
The quality of this weeks supplies was an
improvement on anything for a number of
weeks past Markets for tidy butcher stock
weighing LOO to l,9OO pounds were strong
at an advance of 10 to 15c per pound
Good heavy feeders were also IN better de-
mand than for some time past. and prices
week.
Receipts of sheep and lambs were precisely
the same this week as last and 100 head greater
than the previous week. Markets were active
at an advance of 10 to l5c over prices of last
week.
The supply of hogs has been very heavy all
the week and markets are slow at sharp de-
cline. At Chicago there has been an average
of 40 600 received daily for the past three days.
The weather being unfavorable, on top of
heavy receipts, the drift has been steadily
downward. Outside rates at Chicago to-day
are So 80 and at Liberty 81, ana at these figures
markets drag.
The Week at Liberty.
Following is report of the weeks transac-
tions at the East Liberty yards:
RECEIPTs.