Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-08-18
A REVIEW OF TRADE.
Supply of Choice Creamery Butter
and High Grade Cheese,
SHORT OF DEMAND THE PAST WEEK
Corn and oats Quiet, But Wheat and Rye
Continue Active.
LIGHT HIDES AND CALF SKINS OFF
OFFICE OF PITTsBURG DISPATCH.
SATURDAY, August 16, 1880.

OFFICE OF PITTSBURG DISPATCH.
SATURDAY. August l6. 1880.
There has been very active movement
of cheese and creamery butter here this week.
Ohio cheese has advanced 1c per pound dur
ing the week. and is firm enough to go still
higher. The strike on New York railroads
did not materially affect prices of New York
cheese, but markets here have been strong
in sympathy with the upward movement OF
Ohio cheese. Two OF our leading jobbers
report sales equal to 5000 boxes of cheese
this week, and more could have been sold If
it had been in the market.
Wisconsin Swiss cheese is being gathered
in by Eastern spectators in the assurance
that prices are bound to be higher. For the
first time since the advent of hot weather
there has been some inquiry this week for
country butter. A week or two ago fair dairy
butter was slow at to 20 per pound. Now it
is active at IL to 15c.
The upward movement of creamery butter
has had the effect Of bringing oleo once more
to the front. The finest grades of Elgin cream
cry are now selling at 24cpe pound in job lots.
Rumors of 20c could not lie traced to a reliable
source. The cash buyer would scarcely be
turned away empty handed If he offered 23c.
A leading dealer said: This week has been
one Oh the DeSL we nave 1aQ This season IN safes
OF creamery butter" The drift of the egg
market has been upward this week, and prices
are firm at lSc for guaranteed stock.
In provision lines fair weeks trade is re-
ported. AT the middle of the week there was
sharp decline in pork, ribs. and lard from the
highest point at Chicago. While there was a
partial recovery from this drop, markets are in
clined to be weak. The consumptive demand
has fallen off. as compared with last week, and
markets are barely steady. Hogs dropped to
So IS for selected one day this week at Chicago,
and were slow at East liberty at 4c.
Trade In Cereals.
1t will be seen by reference to domestic mar
ket column that receipts of grain and hay for
the week have been unusually large. Total re-
ceipts were 329 cars against 256 last week, and
276 for the corresponding week of last year.
The upward movement of corn and oats noted
at the beginning of the week has apparently
spent its force, and prices are &c to &c below
the highest point Hay, too, has shown signs
are still very strong and drift of market is up
ward. As will be seen by our quotations,
wheat has passed the dollar line and prospects
are that 1t will go still higher.
Rye is up at least &c per bushel in the past
week. and some claim rise of l2c. 1t is only a
question of short time when prices of -four will
be advanced.
The movement of general groceries has been
very active all the week. Sugars have been
advanced Lc since last Saturday, and are firm
at the advance. Coffee remains unchanged,
OuL mdTkeIS are very urn. IueTe ID stoduy
upward movement of canned fruits, dried
fruits and rice. The whole tendency of staple
groceries is toward higher level, and retailers
are laying In heavy stocks in this faith. The
stock is better than the gold, and jobbers show
no inclination to push trade.
Reaction in Light Hides.
The reaction to the boom in hides and calf
skins, predicted at the beginning of the week.
is here. Dealers are not able to secure the
prices Of a week ago on light stock. Tanners
are unwilling to pay last weeks prices and
dealers are unwilling to come down. Prospects
are that they will be forced to concede The
difference as to values between buyer and
seller is about kc per pound. Time is in favor
of the buyer. Heavy hides are steady, but mar
kets are not so active as they were a week ago.
Harness and sole leather are still firm at the
cent advance, and it is not at all probable that
the reaction in light hides will reach the fin
ished product. for the reason that the latter
did not advance in the same proportion as
hides.