Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-06-20
THE TRADE OUTLOOK
a Jobber's Views as to Grain Pros
poets in the Northwest
CEREAL BULLS ARE DISAPPOINTED.
Allegheny Tanners Not Eager to Buy Hides
at the Decline.
A BOSTON VIEW OF FOOTWEAR TRADE
CEREAL BULLS ARE DISAPPOINTED.
A BOSTON VIEW OF FOOTWEAR TRADE
OFFICE OF THE DISPATCH. I,
P1TTsBURG, SATURDAY, June Is.

P1TTSBURG, SATURDAY, Juno 10.
One of our leading -four iobbers returned
a dav or two ago from a trip through the
northwest In an interview to-day, he had
this to saw: 'sThe outlook for the incoming
crop of wheat, both spring and winter, is
promising. The good promise has weak
ened prices of old wheat, and flour is not so
firm at sources of supply as it was week
or two ago Oats are also looking we'll
throughout the western country. Corn,
however, is far behind its average time.
The backward spring and the floods
later on very much delayed the
corn planting time. A week ago many Of
the farmers through the section visited
had not planted corn. Present prospects
are that the corn crop will fall below
the average this season. All now depends
on the postponement of the fall frosts be-
vond the usual time While flour is dull it
is not likely to go any lower. Jobbers have
been pursuing the hand-to-mouth policy on
account of uncertain and declining markets,
and any future changes are likely to be up
ward"
Cereal Markets.
BY reference to home market column it
will be seen that receipts of grain, hay and
flour for the last week have been steadily on
the decline There were bulletined at the
Grain Exchange % carloads less this week
than last But, in spite of the falling off of
receipts markets have shown tendency to
lower prices all along the line. week ago
corn and oats were active and firm with
prices on the advance. Now they are weak
with tendency downward. All bull move
ments in cereal lines have had short career
this season. Once prices begin to advance
the abundant yield of last year shows itself.
There is evidently abundance in the land.
and favorable prices soon call 1t to the front.
Hides and Calfskins.
No large sales have been reported this
week. notwithstanding reduced prices
tanners do not seem eager to buy.
The Allegheny tanners report an unusally
large accumulation of stock and will not buy
freely until this is worked of.
Green steer hides, trimmed, IS lbs and up......
Green steer hides. trimmed, 60 TO 75 lbs. ......
Green steer hides, trimVed. under 60 lbs..... 81
Green COW nidcs trimmed. all weights. ....... 81.
Green hnll hides trimmed, all weights. 1900.
Green caskims. rsii 20.
Green steer hides, trimmed. side branded......
Green COW hides trimmed, side branded.......
In Footwear Lines.
The Boston Herald has this to say of the
situation as to the boot and shoe trade: The
movement in boots and shoes, from the
standpoint of manufacturers, is very good,
and tile market is strong. The market is
strong from the fact of the strong position
of leather. Sole leather has been advanced,
and nolds the advance, while upper leather
promises to advance, under the strength of
the 60-day cTrfailment of production. At
the same time there has been no advance in
the prices OF boots and shoes. Manufact-
ureIs are taking orders for fall goods on the
same basis of prices as before the 60-day cur
tailment in leacher and they do not seem
generally 10 expect to get any better prices
for goods They only expect firm market.
They will evidently take orders at the
prices OF last season, and will trust to luck
to take care of the prices of leather at the
time they are obliged to buy.
Hut the position of leather is helping the
boot and shoe trade. in that the leather mar
ket is ackr owledged TO be very firm, and the
buyers OF boots and shoes are not expecting
easier prices. Indeed, it is pretty generally
agreed that the market is very strong, and
the iobbers are satisfied to get goods at
old prices. They are taking rather more
goods than usual, on such a condition of the
market. Leading manufacturers note that
they are getting more replies to samples
t!lan is usually the case at this season. The
samples are better heard from than a year
a-o a. this tiInc, and heardfrom in the shape
of more substantial orders on these samples.
At the same time the jobbers are already
hurrying up the goods they have ordered,
showing that stocks are reduced in the job
rrrs' hands, and also that the trade promises
To be early. The summing mp of the spring
trade WAS n very satisfactory one on the
whole, with better profits than were gcner
ally expected.