davidaulloa/AmericanStories huggingface dataset:
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-06-05

of discount by the Bank Of England from
10 = per cent, counted almost for nangnt
Inc influence of the latter, however, as
serted itself in the stubborn strength with
winch the downward movement IN une corn
roads was resisted by the remainder OF the
ilst, and when it became evident that good
puying orders were in the market. not tne
o oeasE t important mp, apparently haotnelr origin
on Cne other side OF the ocean.
better temper marked the specuiatlon
~ the AFTERNOON, and comparative Guinness
eii; toGk the place of the feverish act1ylty pre- pre-
yalilng during most of the forenoon The
action of the Bank of England was hailed as
PROOF that the necessity for the accumuia-
Ilon OF gold had now ceased, and, notwltn-
stanulng the fact that further orders OF gOid
LOT export were made to-day, and the
amount for the week promises to run up 20
large figure, the sentiment that the goiu
exports are nearing their end gained strength
and was again no inean factor in the resist
ance TO the downward tendency engendereu
Dy the weakness in the corn-carrying ROADS.
Inc Inc general opinion is now that the sltna-
!lon, Doth at home and abroad, will steadlly
Improve, and as soon as the effects OF tne re-
duction in the dividend on Rock Island
wears on there will be u general improve
ment IN the stock market Extreme caution
Is still exhibited, however: and, while there
was no disposition shown to throw over
long stocks on the affair, a waiting attitude
IS assumed, and time is evidently necessary
10 restoration OF confidence.
To-day, outside of the corn roads, the only
lmpOftant movements were in Union racine,
sugar ana 1eW SpeclaltleS. Tne opening
prices were not all lower, though Rock
Island was down per cent and the general
list recovered Immediately from the depres-
sion, though there was no special strenth
shown outside of a few specialties, among
which the Wheeling and Lake Eries were
most prominent The decline in Rock Island
was supplemented by material loss in Bur
lington, but the influence of this was fairly
Offset by the per cent rise in Sugar, which
was occasioned by the report that the dfvi-
dend would be 5 per cent on the common
stock, which the denial of the Secretary had
no power to check. The dealings were
marked by no other feature, except a smart
rally in the last hour in some stocks, and the
market finally closed fairly active and firm
to strong at close to the opening price for all
but the few stocks mentioned. The final
changes show only small losses and gains in
the general list, but Rock Island is down
per cent and Burlington lLs, while Sugar is
up ~.
Railroad bonds were as dull and feature
less as usual, but there was a heavy tone all
the way out, and while the material changes
are few all those of Importance are losses.
The amount of business done was only $685.
600.
The following table shows the prices of active
stocks OH the New York Stock Exchange yesterday.
Corrected daily for THE DISPATCH by WHITNEY &
STEPHENSON, oldest Pittsburg members of the
New York Stock Exchange, 81 Fourth avenue:
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-06-05
But LITTLE DEMAND
For PIG Iron and the Market Is Very
Quiet in Consequence.
STEEL RAILS ARE STILL FIRM.
A Purchase Of Forty Thousand Tons From
an Eastern Mill.
STATE OF THE FOREIGN METAL MARKETS

ESPECIAL TELEGRAM TO TIE DIsrATcu.l
Kew 1oRK. June 4.-The condition OF the
iron and steel markets is reported rs follows
by tie Iron Age:
American Pig-Dealers generally report the
market very quiet and seem content to wait
Cor time when. usually, purchases are made
,ur summer and ian delivery. Northern
brands are quoted at SIC 75G17 90 for No. 1:
SIG OO@l6 30 for No. ., and $l4 c0@14 80 for gray
forge. southern iron sells at sl6 5O@I7 IS for
No. l; SIS 50dl6 % for No. 9; SIG 000l6 80 for
No. soft, and Sl4 0OGl4 30 for gray forge.
Spiegcleisen and Ferro Manganese-The
nlarket is lifeless, spiegeleisen continuing at
SOS 00a2S 30 for jobbing lots. No demand for
larger parcels. Ferro manganese is firmer
and may now be quoted a S6l 00G65 co.
Billets and Rods-T.5o Eastern wire mills
lave purchased an aggregate of 5000 tons of
basic billets made at Chattanooga, at private
terms. Il is reported that the Price realized
WAS better than that obtained for tho same
material for Chicago delivery. We continue
to quote So 00G2S 50 at sellers mill, with
wire rods unchanged at SIS 90 at tidewater.
Steel Rails-The event of the week has
been the purchase by the Huntingtons of
40o0C tons from an Eastern rail mill, for de-
livery into next year, at private terms The
market remains firm at $50 1891 90 at tide
water.
Rail Fastenings-we continue to quote
fish plates, l70IL75c; bolts, 2.G0G265c, and
spikes, 81 9Odl 50, delivered.
Manufactured Iron and Steel-Breaks in
the ranks of the striking iron workers in
this city have led to the ordering forward of
seine structural material. No contracts of
amy magnitude are recorded There is a
prices on structural material and plates con-
tiuGn low and unsatisfactory. We quote
angles, 1862 l0c: sheared plates 25c;
tees, 2.455ga. 75c, and beams and channels 3.lc
2.3f12.6c for shell and 2.5G2.7C for f1ange, on
track Bars are L7Gl9c, ON dock
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-06-05

in good supply, but there was no pressure
for exchange Bank ciearings were Sz,ofo'-
0s3 6S and balances $455, ,623 03.
1t has been a source of great wonder, re-
marks Val Street Neacs, that the New fork
City banks have not put any check upon tne
export OF gold by advancing the rate ior
money. The fact is that the money Sent 10
the West in the fall has been very $40" III
returning, simply because there has peen no 9
special call for it. Whenever the deinanu
was made the Western cities have been per :
fectly able to respond, and, while the rate W vi
exchange on New York at Chicago has Deen
IS to 50 cents premium per $1,000, tho Cnlcaso
banks have still had money to lend. Inc IN
crease in the number of reserve cities IN tie
West has taken from the New York pahks Il
considerable sum which was left on deposlt
and it has strengthened instead ofweakeneu
their position, because the demands upon
them have been more and more through
other reserve cities.
Secretary Foster met large number OF
bankers at the New York sub-Treasury yes
terday morning to discuss the extension OF
the ~ per cent bonds. After discussion,
Mr.. Seligman was called to the chair ana
the following resolution unanimously
adopted:
Resolved, That this meeting, composed of rep
resentatives of banks, trust companies and bank
ers of New York, hereby expresses to the Secretary
Its unanimous opinion that in view of the necessity
of an increase of circulating notes for movements OF
abundant coming crops OF every Variety IL /. 70
the interest of the country to extend the maturing
AZ per cent bonds at the rate of per cent interest,"
payable at the pleasure of the Government, ana
that lower rate of interest would tend to contract
interests. -
At New York yesterday money on call was
easy, ranging from $685. per cent; last loan
3, closed offered at 9 Prime mercantile
weak at $4 s411a for 6O-day bills and 81 $50 for
demand
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-06-05

at sl 2O@4 80: light, 81 05G94 80; heavy, = 20
@4 81; mixed, 81 20@4 25. Sheep-Receipts,
none; market nominally steady natives,
shorn, 80 00@5 %; Western, shorn, - 75@o 20.
shipments, $500 head;- market steady to
stronger: prime steers. $6@6 10; good 10
g 6O@3 40. Hogs-Receipts, 1000 head;
rough and common, SO 95@4 95: mixed and
packers, Fl 35@4 As: prime heavy anu
butchers weights, 81 5o@4 %; light, y 43@
ments, 5000 head: market steady; Texans,
50 2534 50: Westerns, s505 25; natives, u 10
@5 5oi lambs, s. 5o@6 70.
Cincinnati = Hogs lower: common and
light, s3 1904 50; packing and butchers " 40
@f 20 Keceipts, 1,570 head; shipments, 4?O
nead Cattle weak common, 81 5C42 ~; Ialr
TO choice butchers grades. SO 5000 W; re-
ce1pts, 200 head: shipments, 800 head. sheep
75 extra fat wethers and yeariings, IS 90;
receipts, $3.50 head; shipments, 3, l3O head
Lambs in good demand; common to choice,
u 1901 90 per 100 pounds.
New York-Beeves-No fresh arrivals and
no trade; feeling steady; dressed beer dull at
SA@913c; shipments to-day, ,14S beeves and
692 sheep. Calyes-Receipts, LOIS head; mar
ket dull; veals, S. 0O@6 25; bnttermilks, 50 30
firm; sheep. $4 1905 IS; lambs, s6 75@s %;
dressed mutton firm at 9@l013c: dressed
lambs steady at 13@1H5c. Hogs-Receipts,
z,zs4 neau ucOnS1gned d1rect; nOmlnaiiy steauy
at a 3005 25.
st. OBSERVATION-DISCLOSURES Z, 400 head: ship
ments, $3.50 head; market firm; good to
fancy natives, S. 10@6 CO.; fair to good do,
- O@5 20; Texans and Indian steers, 81 S0@
5 80 Hogs-Receipts, $500 head: shipments,
~ head: market lower: fair to choice
heavy, $4 1904 45; mixed grades, 81 OO@
40; light, fair to best, "a 20@4 40. Sheep
Receipts, 200 head; shipments, loo head;
Market steady; good to choice, 50 40@f 60.
Buffalo-Cattle quiet; nothing ON sale
Receipts 81 loads through, no sale. Hogs
easier-Receipts 38 loads through, sale;
Workers, So coos 05; good mediums, s. 05@5 10,
mostly S. 10. Sheep and lambs slow, easier
Receipts, 10 loads through, 8 sale: best sheep,
So 2565 80: fair to good. 81 1906 90: yearlings,
81 75@5 70; spring lambs, S. 50@7 so.
Kansas Observation-Disclosures, 1000 head:
market steady; steers, So 50@6 90; cows. 81 %
al 3d. stockers and feeders, 50 COCA 80
Hogs-Receipts, $3.50 head; shipments, 2,790
head: market dull and 5@1Oc lower; bulk,
81 20@4 80: all grades, So 00G4 45. Sheep-Re
ceipts, 1920 head; shipments, 800 head;
market dull and quiet.
Indianapolis-Cattle-Re 200 head;
market quiet, shippers, 81 25@5 IS: butch
ers', 81 0O@4 5O bulls, 81 1894 90. Hogs-Re-
ceipts, 5000 head; shipments, $500; market
slow and lower; choice 81 1904 80: choice
light, 81 1904 45; mixed, 81 40@4 80; pigs,
$304.
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-06-05
SYMPATHETIC MARKETS.

Wheat, Corn, Oats and Provisions Rise and
Fall Together-Cereals Open StroAg and
Higher, Suffer Reaction and Then More
Than Recover Their Losses.
CHICAGO-The markets on the Board of
Trade to-day were in unusually close and ac-
tive sympathy. The cereals all opened
strong and higher, but quickly weakened
and declined. When the bottom was reached
sentiment changed and there was smart
rally, the close being near the highest
prices of the day. The movement in provis-
ions followed the same course, though the
opening prices were somewhat lower.
There was a more active trade in wheat
than yesterday, but the volume of business
was still moderate. The market opened
stronger ana a@e gnes under the T of
European market advices. One dispatch,
noting damage to the growing crops, small
stores and general uneaslness mess IN money
free selling by the bears prices declined
with some fluctuations lLc to the lowest
point of the day. then, under an active de-
mand by the shorts, reacted to and beyond
the opening price. July closed &c higher
than yesterday: June, nc higher, and
August Hsc higher. Trading was largely
local, but there was some on foreign and
Eastern accounts.
Some long wheat, it was claimed, was un-
loaded, but local traders, no doubt, oversold
themselves, and their covering, together
heavy bear traders resulted in the recovery
from bottom prices. Early news was mostly
bullish. The Cincinnati Price Current gave
bullish summary of crop conditions. The
foreign news indicated a scarcity OF grain
abroad, and the Bank of England discount
rate was reduced.
Corn was rather strong at the outset 1t
made a rather sharp break and then rose to
the highest price of tho season. The open
ing strength was due to the fact that re-
ceipts were smaller than anticipated, and
that the Price Current reported the condition
backward and irregular. The break was due
to the decline in wheat, and the later ad-
vance was due to estimated light receipts
for tomorrow, to the good shipping demand
and to the buying by the frightened shorts.
July opened at 56ss@65Sc. sold off to 55s4c and
rallied to SIC.
Oats were not active and followed corn on
the fluctuations.
Provisions opened weak because of the
heavy receipts of hogs, and made further
declines early with corn, but when that
cereal rallied provisions followed at dis
tance and closed about at the same prices as
on yesterday.
The leading futures ranged as follows, as
corrected by John NJ. Oakley & Co., As Sixth
street, members of Chicago Board of Trade:
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-06-05
Notes From the Wharf.

The Andes will leave to-day at Az NJ for
Cincinnati.
The James 4. Blackmore broke her wheel
below Rochester, and will be laid up for
somG tilCe.
TEl, IT. H. Bedford VIII leave to-day for
Parl1ersbarg, where she vii! go on the docks
for needed repairs.
TIE crew OF the c. W. Batchelor arrived
yesterday. she will be Inspected to-day and
Will ie&ve tG-:Gorr0" FOR Cincinnati.
TIE damage to fiIc Wood fleet is not as
bad IS at Erst reported. All the boats but
one We're not the least bit damaged, and all
the cCSl will be saved.
The Hunter No. . sunk barge in pool No.
z last night. Signals were not displayed,
ana the Seven Sons ran into tho Hunter.
knocking big hole in her bow
OK or about juno 20 work will be com.
nenced on the Ohio river bridge between
Wheeling and tie Island. Rl1eI1aen Lave
been notified that white lights will be Ills.
played on obstloctiCns and led lisht5 :or
the channel.
Tan pilots of two towboats got into q dis
pu5e as TO the right of way to enter the locIs
at Davis Island dam. They became very
;.ng"y, a3d butcher kni=es ami clcavers
were displayed in promiscuous manner,
but no blood IgGs split.
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-06-05
Groceries.

Coffee, in accordance with its custom in
hot weather, has declined, and our quota.
tions are reduced 1ac per pound. There is
also slight reduction on foreign and dried
fruits and higher grade sugars. The move
ment in grocery lines is active. Prices are,
no doubt, at the bottom in all leading sta
Piles.
GREEN CoFFEE-Fancy, 24@25c; choice Rio,
229@239c prime Rio, DC; low grade Rio, a01sG2l1sc
old Government Java, 29@3Oc; Maracaibo, 25
24SGa6ysc La GGayra, s54Sasjse.s jsss'' o''' Ne'''
high grades, 2s]4@5oc; old Government Java. bulk,
Sla$s1sc; Maracaipo, %l6@94c; Santos, 25l4@294c;
good Rio 23Sc; ordinary, o1G22c.
SPICES (whole)-Cloves. 1a9l6c; aIlspice, 1Oc; cas-
Sf III peRPf deibeTs pTces test sz
Onio l2oo &c; headlight 1902, 77c: water white,
liz; royaiine i4c: red oil, ioS@lic; purify, iie;
olene, 14c.
MINERS OIL-No. water strained, 4o94ic per
gallon; summer, 35'@57c: lard oil. 55d5Sc.
SYRUP-Corn SYRUP 30933c; choice sugar syrup,
$@$9e; prime sugar syrup, S49S5c; strictly prime,
\. o. MoLAssEs- Fancy. new crop. sc; choice,
4294Sc; medium, 3s940c; mixed: 3s93sc.
5 bicsr6 assored on packsess Sal IN soda I
in kegs, 14c; do granulated, &c.
CANDLEs-star, full weight, DC; stearine, per set,
Sic; paruifine 1l(dl2c.
RIcE. Head Carolina. 754ls7lSe; choice, 6s@6Ac;
prime, 696Hc; Louisiana. 54@6c!
STARCH-fearl, ici cOrH Starcn, bGt5c: gloss
starch, 6G7c.
FOREIGN FRUITs-Layer raisins. So 50: London
layers q 75; Muscates, 81 70; California Muscatels
81 COOL IS; Valencia, 6G61sc; Ondara Valencia ia
nc; sultana. lW9l5c: currants. 5A954c: Turkey
prnnes, 724@Sc; French prunes, SG1Otc:. saloni-
ca prunes In 2-b packages. &c; cocoanufs y lOO s.:
almonds, Lam, q tb, 29c: do lvica Tc; do sheiled,
40c; walnuts nap I8dl4c; Sicily hlberts I2c:
Smyrna figs Ia6l4c: dates. 5la806c; Brazil nuts,
1Oc; pecans 14ls@16c: citron, q fb, 17@1sc; lemon
peel, 12c 2 10 orange peel, l2c.
DRIED FRuITs.Apples, sliced. Y ID, lie; apples,
sssysgorated lS9l4c peaches, eyaporaied, pared
la9l6c Cherries pltted sc: cherries, unptted Sc;
raspberries, evaporated, 23024c: blackberries
61sGn7c; huckleberries, SC.
SUGAKs-Cubes, 47ac; powdered. .45sc; granulated
49Se; confectioners' A, 414c; soft white, 4a45sc;
yellow, choice. 3sa@4c; yellow, good, sA@3Ssc;
yellow, fair. 3iSd3ac.
PICKLES-Mediunl. bbls q, 20O), 81 90; medium
half bbls (6O0), 81 co.
SALT-N0. y bbl 81 90: No. extra 2 Dbl, 81 10:
dairy, q bbl, 81 20; crystal, p bbl 81 20:
Higgins Eureka, 4-bu sacks, y 30; Higgins Eu-
rcka, l6 14-fb packets, 50 90.
CANNED GooDs-Standard peaches. 81 5O02 e5:
ends, 81 l502 80; extra peaches, 81 601e 10: pie
-
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-06-05
FOREIGN METAL MARKETS.
Scotch Warrants Take a Decidedly Down
ward Turn After the Advance

Scotch Warrants Take a Decidedly Down
ward Turn After the Advance
IsTE,IAL TELEGRAM TO TIE DIsPATCH.l
NEW NoRK, June 4-The foreign metal
markets are thus reported by the Iron Agc:
In London on Friday last the price of Scotch
warrants went as high as 5Ss 70, owing to
pressing demand TO coyer short accounts.
Since then there has been a reaction OF
nearly IS unGer the ifiiiuence of freer delir-
cries anG relaxation of previous tightness
Apart from the clo5.Iig ofovcrsold accounts
nothing has occurred to strengthen values
and the whole speculation has had Il bad
effect upon general trade. Middlesborough
und hematite warrants followed
scotch in some degree on the ad-
vance, bat responded more quickly
10 the downward movement. TO-day's
transactions in warrants were at 54s454s 6d
Tor Scotch, Us 5d@+Oe I'D for Cleveland, and
JnS for Ac,uatitc. Stocks of Scotch in Con-
nails stores lave decreased 24 GOO tons or to
5i@OOO tons. The stock of Cleveland has i'll
creased 5000 tons and amounts new to 10000
tons Block tin las had free movement
with more liberal speculation, particularly
in distant deliveries ConDer has been ac-
Jive and pIices have advanced still further
with Tree buying tor speculative account
anQ Tor cOnSunl, ,5UiOn on the advance. Fur
race material is also in active demand, and
anything offering was eagerly competed for.
Latest 81. .es OF furnace material include
]O0 ions Montana matte at los; 40 tons do on
IiT:Vatc terms; 300 tons do at los Sd, and 200
tons Anaconda ut rhG same price. a decided
Improvement iii the demand for tin plate has
taken place, chiefly for Bessemers, at los Cd,
at swansea, and fairly large business has
taken place. Holders are now asking higher
prices and display greater ffrmness.
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-06-05
In Cereal Lines.

Sales on call at the Grain Exchange to-day:
cars wheat straw, 81 10. Receipts as bull
letined, SO cars, of which Is were by Pitts
burg, FIT. Wayne and Chicago Railway, as
follows: 3 cars of oats, of hay, of hay and
straw. of -four, of straw, of barley. By
Pittsburg, Cincinnati and st. Louis, 2 cars of
hay, of corn, of oats. By Pittsburg and
Lake Erie, / car of corn, of oats, of rye.
Bv Pittsburg and Western, 2 cars of hay.
The cereal situation is practically the same
as it was at last reports. Markets are weak,
with the general situation in favor of the
buyer, as it has been for several weeks past.
WHEAT-No. 2 red, Il 09G1 10: No. 3. 81 o491 05.
CORN-No. yellow shell corn, $4,000; No.
yellow she'll. 5Sd59c; high mixed. 57@5Sc; mixed
she'll 56G15Ic; No. yellow ear, 51fG5Sc; high mixed
ear, 67d65c; mixed ear corn, 66967c.
extra, No. 8, 49@49zc; mixed oats, 4Sd,49c.
RYE-NO. PENNSYLVANIA and Michigan, 9Sc@s1;
No. Western, 98999c.
FLoUR-yobbing prices-Fancy spring and win
fer patent -four. s. 0GG6 q; fancy straight winter,
s. 5OG5 75 fancy straight spring. $5 5065 75 clear
winter, $ 25(15 80: straight xxx bakers IS 259
$50 Rye flour, - 7595 90. Buckwheat -four, "a
@2kc q ID.
MILLFEED-No white middlings, s24 ooa24 50 p
ton; No. 2 white middings, 81 0Of23 90; brown
middlings SO 00919 so; winter wheat bran, S17 80
OILS 90.
HAY-Baled timothy, choice. So O0G12 50: No. 1,
wagon, s12 00d15 90, according to quality: No. 2
prairie hay. 20 00d9 80: packing do, sS 5O09 90.
SrRAw-Oats, IS o09S Is; wheat and rye, IS 009
S25.
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-06-05

peaches. q 6aa1 20; finest corn, 9 g@1 50; HID.
&c. corn, q O0d1 Isl red cherries, 81 SOL 40: Lima
beans. 81 35; soaked do. soc; string do, 70Gs0c:
marrowfat peas. 81 10Q1 IS; soaked peas, 65d75c;
ptneapples, 81 50G1 so; Bahama do. - IS; dainson
pluns, q 10; greengages, q 50; egg ,plums,
- 30; California apricOts, S2 0QG2 80; California
pears, e 1902 60; do greengages, 81 90; do egg
pluns. 81 90; extra white cherries, 81 65; raspber
ries 81 Sol 45; Strawberries, 81 30@1 40; goose
berries q 1901 15; tomatoes, sse@1 90: salmon.
cans. soaked. sec; do green. 2-b cans, 81 2a1 80;
corned beef 2-b cans p nG2 25; 1-fb cans, q 30;
baked beans. 81 40G1 50: lobster, In cans 81 IS;
mackerel, 1-b cans. broiled, q %; sardines, do
nestle, As, "a 1904 80: Is. ~ 90; sardines, i'm
ported, rs, si1 50d12 30; sardines, imported. Es
slS 90: sardines, mustard, 81 80; sardines. spced
"a 25
FIsI-Extra No. bloater mackerei. $50 90 2 Dbl;
extra No. do mess, SIS 80: extra No. mackcrcl,
shore, s24 CO.. No. shore mackere 81 90: large 3s
80 90. Codtsh-Whole pollock. SC q ID; do me
dium Georges cod SC: do large, &c; homeless hakes
IN strips. SC; Georges cod: IN blocks 6z@71fc.
Herring-R0und shore, s. 50 bbl; split. Sc 80; lake.
50 25 z 100-ib bbl. White fish, 81 % D 100-ib half
bbl Lake trout. IS 80 y half bhl: Finnan haddies
l0c q ID. Iceland halibut. 13c q 10. Pickerel half
bhl. 30; quarter bbl, 81 60. Holland herring. &c.
Walkoff herring. SOC.
OATMEAL-H 5e97 rs q Dbl.
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-06-05
INCREASED SHIPMENTS.
The Coke Market Is Recovering From the
Effects of the Recent Trouble-1I, 900 of
thea I6,12S Ovens Are Now in Active
Operation.


Operation.
SPECIAL TELEGRAM TO THE DIsPATCH.l
ScoTTDALE, June 4-The coke market is
rapidly recovering from the effects of the
strike. further increase in shipments oc-
CURED last week and tie A-saccu ading condi-
tions are indicative OF another in
crease for the current week The producers
the market. There are a few barriers which
VIII have to be remov cd, however, before it
WIZ assume norma proportions. The idle
ness OF the Valley furnaces still hangs over
:he situation, and ware they to resume
and it is stated they will-the output of
the region would be augmented from 200 to
1900 cars per week The Western demand
is gradually growing heavier. while the
Eastern demand is materially improving.
The coke operators have now fired about all
the ovens that the demand requires,
and are patiently awaiting develop
ments. \ conservative estimate of
tho ovens in blast is u,0O0. There
operators take a hopeful view of the situa-
tion, while others are rather depressed in
spirits The outlook can be said to be favor
able and it is believed chat shipments this
week Will reach the 4, 600 mark.
Shipments last week averaged 573 cars per
,lay as against 454 cars of the previous week.
The total increase was ZIG cars The follow
west OF Pittsburg, 20S7 cars: to Pittsburg
and river tipples, $50: to points east
Of Pittsburg 800: total, 3,432 cars. This was
the record for the previous week: To points
west of Pittsburg, ,432 cars to Pittsburg and
river tipples, 9l9 cars: 10 points east OF Pitts
follows: Furnace coke, 81 80; foundry, s. 50;
crushed. - G5
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-06-05
Closing Bond Quotations.
Bank Clearings.

Bank CIearings.
ST. LoUIs-Clearings, $3,464,Sl0; balances,
S497, ,466. Money GOT per cent. Exchange on
New York soc premium.
CHIcAGo-Bank clearings, $1551s, ,0C0. New
York exchange selling at SOC premium. Rates
for money were steady on the basis of per
cent on call and 515@6 per cent for, time
loans.
NEW YORK Clearings, $99, ,70l, 1s9; bal
ances, $4, ,230,3fL
BosToN-Clearings, $14, 127, $40: balances, 81,
43l, l52. Money per cent. Exchange on
New York, 90 to SOC discount.
PHILADELPHIA : Clearings. $9,725, ,701: bal
ances, s1,24 A2. Money 4@4% per cent.
BALTIMoRE-Clearings, 81 225,S19; balances,
$2l9, l9l- Money per cent.