Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-05-11
THE TRADE OUTLOOK.
An Improved Tone All Along the
Line of Tropical Fruits.
ANTI-OLE0 LAWS HELP CREAMERY.
Leather at Its Lowest Point and Prospects
for Better Prices
CATTLE TRADE IN SOUTH AMERICA
ANTI-OLEOLAWS HELP CREAMERY,
CATTLE TRADE IN SOUTH AMERICA
OFFICE OF THE DISPATCH,
PITTsBURG. TUESDAY. Nav 10

PIrTsBURG, TUESDAY, May 10.
The receipts of bananas and pineapples
in this market last week were larger than
any previous record shows. Not less than
40 carloads of bananas were received last
week, between Monday and Saturday. The
result of this large run was that bananas
were sold in Pittsburg at lower prices than
anywhere in the country. From the steam
ers in the New York harbor there were no
sales below 81 90 per bunch for choice
stock, and yet bananas were sold here at
lower figures.
Shippers who consigned bananas to Pitts
burg last week, are counting up losses
rather than profits, since the average sales
were lower here than in New York. 1t is
difficult to determine the quantity of pine
apples which has been received here the
past week. One dealer alone reports re-
ceipts of 5000. and expects to receive
many this week. This number may be
mate of the total number received here last
week. In the supply of pineapples there is
very small proportion OF choice stock.
Creamery and OIeo.
By reference to the home market column
II will be seen that fancy creamery butter is
shade higher than it was a week ago.
There was a general expectation of de-
cline, and the stiff markets proved surprise
to dealers. Facts are stubborn things, and
in this case it is easy enough to account for
the facts. The strength of the creamery
markets is without doubt due in large meas
ure to the coming prosecutions against
dealers in oleomargarine. The terrors of
the law seem to have deferred oleo dealers,
and trade in this line has been reduced to
minimum. The average consumer prefers
oleo to any grade of butter that is below the
test. Now that oleo is banished, high grade
creamery Is in better demand, and prices
are better than they were a week ago.
In Leather Lines.
Harness leather has not been lower in
price since before the war as it has been
this spring. Two years ago prices were de-
pressed, and the average then varied little
from present rates. A year ago the average
price of heavy harness leather &c per
pound above present rates. Then No. /
stock was sold at 29c, and now the price is
&c per pound.
In the spring Of 1879 the price of No har-
ness had declined until 29c was the top Of
the market This was the bottom price in
those good old days. In the fall of 1879
prices jumped until there were sales at 42c
per pound. 1t was only for a short time
that these prices were maintained. Since
then markets have steadily drifted down.
ward as hides have done, until prices are
now at their lowest. 1t is plain that the
leather trade is now down to hard pan, and
that future changes must inevitably be
toward higher level.
South American Cattle.
The following is from the current number
of the Chicago Hide and Leather:
"Advices from Buenos Ayres. bringing
statistics to March 81 last. are to the effect
that the slaughter at the various points, at
Buenos Ayres, Monteyideo, River Points
and on the Rio Grande which during the
first half OF March showed falling off ana
consequent reduction of the total increase
of the seasons product as compared with
last year, had again shot ahead.
Totals from beginning of the season TO
March 81 are: 1892, l,067. 200 cattle: 1891 95S,-
0oo cattle; 1890, l,095 900 cattle; 1889 lO44 200
cattle.
This establishes a lareer output in 1892 by
1l4,OO0 cattle than in 1891, as against an ex-
cess of 100 100 on March Is. The slaughter up
TO March Is of this year. which was behind
that of 1890 by 46, 500 head, will be seen py |
the figures above given, on March 81 was
only 2S.000 short OF that year. The current |
seasons operations overlap those of 1889 by |
% 600 head"