Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-08-27
BUSINESS BREVITIES.

THE Portuguese Royal Mail Steamship
| Company has failed.
THE New England hop crop is in a critical
condition and the supply of the old is about
| exhausted.
Two weeks more of favorable weather will
place Dakota grain crops beyond danger OF
| early frosts.
| The wool industry in Northwestern Penn
sylvania is growing. One Mercer firm has
purchased 100000 pounds OF wool this sea-
| son.
RUSSIAN winter crops in all the provinces
except l6 are in satisfactory condition. The
| condition of the summer crop is unsatisfac-
| tory in 10 provinces.
| PlTTsBURG capitalists are interested in fire
and paving brick plant project near New
| Florence. Westmoreland county. About
| $500 600 will be invested.
THE New York Acqueduct Commission has
awarded the contract for the new Croton
dam at the Cornell site to James S. Cole
man. His bid was 81. $50, 573
THE beginning of the curtailment of ore
shipments is at hand Cleveland receipts
have been 1880 tons for the week, and ship
ments $1,000 tons. There is no new buying
of any moment by furnacemen.
The Dennings colliery at Wadesville, Pa,
one of the very few collferies in that locality
not owned by the Philadelphia and Read
in has been purchased bv party of capi-
talists from abroad who will greatly increase
the output.
A MOVEMENT is said to be on foot to estab-
lish a big distillery in Chicago as a rival of
the Whisky Trust. William Rice, a wealthy
brewer and formerly largely interested in
the trust. is alleged to be the leading hacker
OF the enterprise.
FRANK E. PALMER, trustee in behalf of the
local banks and other secured creditors, is
in possession of the clothing store and i'm
plement and carriage warehouse of W. f.
Cowham, of Jackson, Mich. A swarm of
creditors are in town.
MEETING has been summoned OF the
shareholders in the company of Salt Sons,
owners of the famous plush factories ut
saltaire, near Bradford, England. The Nc.
kinley law made such havoc of the firms
trade that it is proposed to quit the busi-
ness.
THE last seven days have generally i'm
proved the outlook for the cotton crop. The
best prospect, as heretofore is in Texas
where picking has begun regularly in some
sections and where one report says the crop
will be the largest for ten years despite the
decreased acreage.
THE Central City Building and Loan Asso-
citation, of jackson, Mich, has been sued by
shareholders, who allege that nearly 50 600
has been lost to the association by the de-
iendants making settlements on an illegal
basis of seven years, of which they them
selves took advantage.
. THE latest loan neg otiated by the Mexican
Government was not obtained abroad, as
has been reported. The National Bank OF
Mexico, assisted by some of the local mer-
chants, have opened a credit of f6O0 600 to
the Government with interest at per cent
per annum, payable m onthly.
The Connellsville coke trade remained at
a standstill last week, although production
jumped up few points The slight varia-
tions in the production and shipments are
only transitory, and are no indication of a
rise in the market. There are, however, Just
the faintest signs OF better times in the
business.
ONE of the horses attached to the wagon
hauling stone for the new school house on
Boquet street, stumbled on the Atwood
street hill at the power house and was se-
verely injured by the wagon running upon
him. Motorman Shorty of the Electric line
attached his car to the wagon and pulled it |
off the horse.
THE ocqueoc Improvement Company, an |
Is months old Upper Michigan enterprise, |
has been forced to the wall. The village of |
Hammond's Bay, built principally by men |
employed BY the company. is practically |
bankrupt. Over 100 millhands and team |
sters have received no pay for some time
Attachments cover all the company's prop
erty.