Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-05-27
The TRADE FEATURES
Better Tone to PrOduce---Stuff Nov
ing Out More Freely.
WHEAT AND FLOUR TENDING DOWN
Split CoWhides on Markets as Kangaroo
and Calf Skins.
STOCK OF HIDES STILL ACCUMULATING
OFFICE OF PITTsBURG DISPATCH,
SATURDAY Nav % 1889

SATURDAY. May %. 1889.
In produce lines the marked features of
the week have been the improved demand
for choice creamery butter, new vegetables
and fruit, and the drop in eggs. Eggs are
slow at &c per dozen below prices of last
week, while good butter is active at to &c
pound higher figures.
There has been no time as yet when good
strawberries did not find ready customers at
10 to 2Oc, and plenty more than came would
have been easily sold on Friday and Saturday.
Good peas were also good stock. Notwith-
standing the wet days of the week, commission
men report trade as satisfactory, and an i'm
provement over last week.
A leading iobber of cheese, butter and eggs
said to-day: 1T is long while since our stock
was so well cleaned up on Saturday"
Prospects are good for another advance in
butter next week, as markets here are bare,
and closed very firm at the advance One of
the largest shippers advises us that he has been
losing at prevailing rates of the past week,
and will withhold stock until he can do better
Grain and Hay.
Markets give no signs of improvement, but
the reverse.
The promising prospects for the new crops
all over this country and in Europe, has de-
pressing influence on trade. The signs for an
abundant year of cereals were never better at
this date. The only dangers to wheat not now
past are rust and a wet harvest A leading
-four jobber reports sales more active this
week than last, and the month of May better
than April.
Another SAYS, there is a great pressure from
Minneapolis milleTs TO unload -four, in view of
the extra profits for coming crop" A gentle
man. who travels great deal, said to-day, Il
have never seen the time when the approach
ing harvest promised such large results in
WOnld
wheat drop to Soc a bushel next fall.
Hog Products.
The feature of theprovision trade worthy Of
note is that hams have been 1Sc lower in Pitts
burg than in the West
While prices of all hog products continue so
low that margins are all wiped out except on
special cuts. slight improvement in demand
is reported by packers for the week. Markets
are steady to firm, and as stock is light in
packers hands, there is better tone to trade.
Hogs closed in Chicago to-day 56lOe higher
than yesterday, with 81 25@4 20 as the range.
Last week they touched a level 40@5Oc below
this figure,
Stock continues to accumulate in the hands
of dealers and markets give no signs of i'm
provement Green caifskins never were as
dull and cheap as they are now. A skin which
not many years ago would bring Soc to 6Oe now
goes begging at lSc. The shoe manufacturer
Of this era is evidently figuring on how much
stock ne can cut out of leather. As the split
cowbide answers the same purpose of calfskins,
and furnishes a much larger surface for the
money. the temptation is too strong for the
average conusmer. and caltskins are less and
less IN demand. The fanky part of the
skin will not cut 70 any advantage,
while there is nothing lost in the
snIit cowhide. leading dealer and
tanner on being asked if the new-fangled
leather was up to the old said, Il know hing
in the leather line that equals the calfskin for
foot wear, excepting the NIP part OF the horse
hide The reason why it has been superseded
is that il cannot be cut to as good advantage,
and in these times of close margins and de-
pressed trade, this has become an important
factor to manufacturer" In the course OF the |
interview it was developed that large amount |
Of kangaroo leather. so called, is made out of |
split cowhides If all that is sold in the |
worlds markets <or kangaroo leather was the 1
genuine stuff, the kangaroo would have long |
ago become an extinct specimen of the animal /
creation,