Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-04-27
THE TRADE OUTLOOK.
Allegheny Harness Leather of Choice
Grade in Demand, and
MARKETS STRONG AT QUOTATIONS.
The Present Season Is q Trying One to
Jobbers Of Breadstuffs.
PROSPECTS AS TO FUTURE PRICES
MARKETS STRONG AT QUOTATIONS..
PROSPECTS AS TO FUTURE PRICES
OFFICE OF THE DISPATCH,
PIrTsBURG, TUESDAY, April 26.

AAiooSn1, 4bfSDA1, ApTil 70.
Said one of our foremost harness manu-
facturers, in recent interview: "The
principal objection to the harness leather
produced by the tanners of Allegheny is
that it is too lasting. Within few days ]
saw set of harness still in use which
made more than 25 years ago The average
life Of the harness make from the products
of the Allegheny tanners is little less than
l5 years. Ny trade calls for frst-class
stock, and in the end it is best both for the
buyer and myself to work up the best. I" The
harnessmaker, who gave expression to these
sentiments, paid to an Allegheny tanner
for leather furnished in the month of March,
5000, and his average monthly payments
are close to So, ,000 There has been an effort
of late to depreciate the value of the prod
!, ucts of Allegheny harness leather tanner
les, because the product is wheel-stuffed.
Hand-stuffed leather it is claimed, is of su-
perior quality and greater dura bility. There
are above 10000 sides of harness leather
turned out weekly by the seven ,tanneries in
operation in Allegheny, and of this amount
not over 500 sides are hand-stuffed. All No.
tanners report orders ahead on this grade of
goods. B grades are less active and some
accumulation is reported in this line, and, as
result, there has beer a slight concession
in prices of late.
Breadstuffs HEAVY.
Flour jobbers have not had a smooth time
since the last abundant crops were garnered.
The general drift of markets since last fall
has been downward, and this has necessarily
placed the dealer who handles large stocks
in very difficult position. One of our fore
most iobbers of flour had this to say of trade
in this line: Oar business requires us to
keep on hand a large quantity of stock, and,
with markets weak and declining, they
have been for the past six months we have
found it difficult to save ourselves from
losses, and have not always succeeded in so
doing.
"The jobber of -four who co,aes out more
than even in the transactions OF the past few
months. has reason for congratulation. The
producer and the dealer find few crumbs of
comfort in the present situation of trade.
But this is royal time for the consumer, as
he has his breadstuffs at lower prices than
for many a year." What is true of bread
stuffs is also true of all articles that enter
into household expenses. The average price
of the articles that enter into the daily life
OF the people is more than 80 per cent less
than what 1t was year ago.
Crop Estimates.
A journal has this to say of the situation
and outlook in cereal lines:
1.-THE opening of navigation on the lakes,
which is soon to take place, will be the sig
nal for q greatly increased movement in the
export of breadstuffs, a diminishing volume
of which has been going forward during the
last three or four weeks. Fortunately, specu.
1ation in both corn and wheat has BEEN and
is at a low ebb, which prevents any sudden
advances in prices, which always serve as
check to steady movement. There is no
question about the extraordinary surplus of
both of these cereals in this country, and If it
does not seek consumers market now, it
will result in precipitate movement later on
when the new crop, especially of winter
wheat, ripens. The Government report of
crop estimates was necessarily very uncer-
tain; generally the average condition was
below that of a year ago, as we are later in
our season this year than last; but there is
good reason to believe that the April, or at
latest the May. report will show up much |
better. The new planting is very heavy, in |
Guiding the increased acreage in the South, |
where, it is reported, much diminished cot. |
ton crop is going in. This is as it should be; |
the South cannot afford to plant its usual !
acreage OF cotton; by so doing it would help |
TO utterly cripple its own home resources, |
after the enormous cotton crops of 1890 and
1S9Ii'