Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-08-11
HIDES ON THE BOOM.
The Tendency in the Leather Trade
Still Onward and Upward.
SPECULATION is NOW A FEATURE.
Regular Dealers in Dread of Reaction to
the Present Squirt.
CEREALS FIRM ALL ALONG THE LINE
OFFICE OF PITTsBURG DISPATCH.

OFFICE OF PITTSBURG DISPATCH. I
SATURDAY. August 9. $780,
The upward movement of hides and har-
ness leather, which started last week, gives
no sign of check. Green calfskins have
been advanced &c per pound this week and
are now Sc above their lowest point month
or two ago. The speculative element has
entered into the trade of late, and dealers
anticipate a reaction. Said one of our con-
servatlve and safe dealers: "The hide mar
ket has been climbing too fast for safety. In
my judgment prices have reached the top. 1t
would be better for the regular trade if the adj
vance had been more moderate. 1 feel conf
dent that there will be a reaction to the present
spurt."
The following list of prices has been adopted
by the tanners and hide dealers of Pittsburg
and Allegheny to 60 into effect Monday, Au-
gust IL:
Green steer hides, trimmed, rs pounds and up,
scents per pound o
Green steer hides trimmed, under go pounds. 7
Green COW hides, trimmed, all weights, cents
per pound.
Green bull hides trimmed. all weights, cents
per pound.
Green steer hides, with one or more grubs, ~
cents per pound less. -
cents per pound less.
Green bull hides with one more grubs, l
Green calfskins, cents per pound for No. !.
Green calfskins, 6 cents per pound for No. 2.
Present Prices.
Sole leather is moving freely, and prices are
firm, but unchanged. Harness leather has
been advanced 1c per pound this week. but
still fails to keep pace with the upward move
ment of green hides and calf skins. Following
are prices as furnished by James Gallery & Co.:
No. l Extra trace selection, weights, 20 to q
fbs, at BIC.
at S4c..
No. medium selection. weights II to % lbs.
at &c.
No. medium selection, weights. II to q lbs,
No. all weights at 2sc.
Black line leather, 8Oc.
Cereals and Produce.
The week past has been decidedly in favor Of
bulls in cereal lines. Corn. oats and wheat
have been steadily advancing Unfavorable
crop reports by reason of extensive drought
through the West has been the card worked by
bulls for all that was in it. There was talk for
day or two of dollar wheat but actual sales
we're not made above 95c in this market so far
as can be traced. A representative OF one OF
our leading Touring mills said that he pur-
chased the best milling wheat to-day at 9415c
per busheI. At the Northwest, millers have
family spring patents is now SIS Is. Pittsburg
is one of the last markets to join in an upward
movement IN -four, and while our quotations
are advanced in accordance with prices at
sources of supply, there is little doubt that
these prices are shaded little in this market.
In the lines of country produce. the features
of the week have been the sharp decline in
vegetables and upward movement of dairy
products. AT the beginning OF the week home
grown tomatoes were selling at s. 90 per
bushel. To-day they are slow at 81 90 per
bushel. Recent rains have very much i'm
proved prospects for garden stuff in this Sec
tion. Cantaloups and bananas have been over
done, in our markets chiefly, because of in
tense heat which fastened their ripening.
Elgn creamery butter was advanced cents
per pound at headquarters on Monday, and re-
suits have proved that the advance was timely,
Prices are well maintained. High grade
cheese is good stock at quotations notwith-
standing an advance of one-half cent during
the week. The upward tendency of many
articles in the line of staple groceries serves to
stimulate demand. Retail dealers prefer buy
ing freely to paying higher prices later on.
Coffee, sugar. canned and dried fruits, canned
syrups and rice are all moving upward.