Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-12-15
ROASTED COFFEE LOWER.
Local Dealers Reduce Quotations 1-2c Per
lb-The Poultry Market stronger-A
Good Demand for General Mercandise-
Holiday Goods Most Active.
WEDNESDAY,, Dec. IA

WEDNESDAY, Dec. "A
The only valuable change to-day il the
| local market for staples was decline of nc
per lb in all grades of roasted coffee. The
market for roasted has been quoted weak
for some time past, notwithstanding the
strong statistical position of the green bean,
| and it is intimated that the decline is not
| justified by the relative condition of supply
and demand.
The poultry market was reported stronger
we'll cleared up.
| The demand is fairly good all along the
mercantile line. The approach of the hol-
| idays naturally tends to create Il better de-
mand for groceries, more particularly for
fancy kinds. Nuts and candies are also in
somewhat better request. Fish, dried fruits,
leather, and teas and coffees are steady,
| while metals and timers stock are possibly
a shade easier. Merchants agree in saying
that the year has teen n prosperous one in
most respects ami sales are now as large as
Is usual at this season. OF course the ap-
proach of the Christmas and New Year holi-
days causes an increased activity in fancy
goods suitable for presents, and there is also
q good demand for fine lines of dry goods.
Retail merchants OF this city are having
very good trade, and accoruing to reports
from the interior the country trade is fully
OF grain and provisions the Chicago Times
says: Large buying of wheat by "high
rollers" has been going on for some time
past, and it is generally supposed TIL these
operators have accumulated a large a9gre-
gate amount. As everybody is aware, the
stocks of wheat in sight in this country are
abnormally large, but at the same time there
is known to be Il scarcity of grain that will
fill Chicago contracts. In fact, the bulls
who are now so prominent are supposed to
be "lons" two or three times the amount OF
No. 2 wheat in store here. The Northwest
has for long time been selling heavily in
the Chicago market against the large stocks
in home elevators, but at last the wheat
owners up there are becoming uneasy on
account OF the unsatisfactory grading of the
Northwestern wheat. No. l Northern wheat
samples sent here for examination have
been found fit only for No.3or No. 4. In short,
many people think the quality OF the North
western crop is so poor that com paraGively
little of it can be delivered on Chicago con-
tracts. The big holders say that the enor-
nous "shOrt" interest here can be covered
only by purchases in the open market, and
that it would be impossible to cover half of
it without advancing the price 5@I0c. Corn,
too, is very cheap, although the new crop is
not coming forward as freely was ex-
pecteu. Receivers say, however, that coun-
try offerings are increasing, and more liberal
receipts are sxpec ed little later on. Pro-
visions still show great strength, and
under the circumstances this is not strange.
There is an evident scarcity or fat hogs
throughout the West and they are bringing
unusually high prices, having had another
advance during the last week. The best fat
hogs have brought SIS 55 IN the Chicago
per 100 lbs since November l. Hogs are
making splendid returns to their owners
nowadays and are selling at the highest
prices that have been reached since 1888.