Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-11-11
FEATURES OF TRADE.
Live Stock Now as Compared With
What 1t Was Year Ago.
THE LONG CARPENTERS STRIKE
Still Has Quite an Effect on the Demand for
Builders Supplies.
BOSTON VIEW OF THE COFFEE OUTLOOK
OFFICE OF PrrrsBuRG DISPATCH, !

OFFICE OF PIrTsBuRG DISPATCH,
TUESDAY, Nov. 10. !
The run of cattle at, the East Liberty
vsrds on Monday of this week was exactly
the same as it was the same date year ago,
the number on sale at both dates being 120
carloads. The condition of market and
quality of offerings were much the same a
year ago as now. Top price as reported
November 10 last year was 81 GO, while yes
terday there were sales at S5 90 per cwt. Re-
ceipts of hogs November 10, 1890, at East
Liberty yards were so carloads, and this
week so far about the same number have
been on sale. Top price then was about the
same as now, namely about a 10 to 81 20per
cwt But taking the fall season all through up
TO this date the price ofhogs ranged from 35c
10 60c per cwt. higher this fall than last. Il
year ago large quantities of hogs were
pushed on to market before their time on
account of scarce and high-priced corn.
Now that we have an abundance of corn the
same policy appears to be followed, and as
a result of heavy receipts prices have de-
cined fully 60 per cent in the past two
weeks. Hog products are feeling the effect
in the demand tendency OF markets.
Builders Supplies.
There was a time when the manufacturing
OI ntllS WIS IN llDOrlstub lluuSbIN III UlS-
burg. In the past few years, owing to ex-
tremely low prices, this industry has almost
ceased to be factor in our manufacturing
interests. The nail factories OF Pittsburg
have almost all been directed to other pro-
ducts, in which there was more money.
There has never been time when nails
were lower than they have been the past
few months. The cost OF cut steel nails
at the Wheeling mills is 81 60 per keg.
At this price 1t is difficult to see where there
is any profit to the manufacturer. Only the
most favorably located mills, and with the
closest management can the manufacturer
come out whole Wire nails are selling
81 80 per keg. There is a general feeling that
faith jobbers are anticipating the future by
laying in heavy stocks Throughout the
region, of which Pittsbqrg is the center, the
Hss s4ss ke half Of sSs yeat thr0pge Ps
had the effect of reducing volume
of trade in this line. Every department of
feels the disastrous effects OF that long
strike. 4 leading dealer in plumber sup
plies had this to say of bis trade: "Our vol
ume of business during the summer months
was not less than SS per cent below the cor
responding period of last year, and
while the fall trade shows Improvement.
it is within bounds to say that our business
this year all through will foot up fully %
per cent less than last year.
Dealers In lumber talk in the same strain. A
year ago at this time there was a rush to fill
while now trade is reported quiet. The car
penters' strike was Il very improbable fact
to al concerned, and the community still
reaps the bitter fruits thereof
The Coffee Situation.
Following is the outlook for coffee as given
by the Boston Herald:
Troubles in Brazil have greatly disturbed
the coffee market of late, but the position of
actnal goods in this country is fully main
tanned. What the outcome of the present
troubles there will be it is impossible to tell
and, since coffee is the chief article of export
from that country. the coffee market is re-
garded as in an uncertain position, to say the
least. Even the wise heads are not prophe-
swing.
saturdays New York market was tele-
grarhed ar the close as steady to five points
decline. The Rio cable quoted the market |
frn with receipts for the day of 5000 bags, |
while of Santos there were receipts of 1900 /
bags. This lack OF receipts at Rio, with ex- |
the theory that there is some trouble with |
transportation at Rio. The total stock at |
Rio is figured at 29S, COO bags same time q |
year ago, 1.s 600 bags. The weekly Rio cable |
does not give any position of she market,ex
that exchange is down to the very low figure
Of l25sd, indicating shat matters are good
deal disturbed. Purchasers of coffee in Rio
the past week have doubtless made a hand
some profit from this decline in exchange.
The average daily receipts at Rio for the |
week were $500 bags; Shipments to Europe,
IS 900 bags to the United States 59.0 900 bags.
The total visible supply of coffee is now
figured at $50, 746 bags; same time last year,
344 Ts7 bags; same time in lSS9 459,6l3 bags.
The total receipts at Rio, on the present |
crop, and up to November 5, were 1,625,0O0
bags: same time a year ago, I043 600 bags; |
same time in 1889, $4,000 bags.
The position OF Maracaibo coffee is still |
very firm. The sales from the last steamer |
show that the market is l1sc TO &c higher |
than the lowest point. Javas are also |
very firm. with the supply short and |
in lew hands already explained.