davidaulloa/AmericanStories huggingface dataset:
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-03-05
LOWEST OF ALL AT BIRMINGHAM.
Never Before Was such a State of Affairs
in the South.

Never Before Was such a State of Affairs
in the South.
BIRMINGHAM, ALA, March 4.-[SpeciaL] J.
The iron market is at the lowest point ever
known in tins district The quotations are
given out as follows: No. l foundry $l2; No.
. foundry, Sill; No. foundry. S10 Grey forge,
So These are nominal figures. Tie tone is
weak and tile tendency lower, with demand
light. Stacks continue to accumulate under
heavy production and more iron is already
in the yards than has ever been known.
The general feeling among iron masters is
likely to be reached whereby production
can be amicably limited and that the
struggle will proceed until enough furnaces
are forced out of blast to allow consumption
a chance to catch up. Some hope is enter
tanned that the demand may improve gen.
figures prevailing prior to the new year,
when furnaces here were fairly well salts
fled with the situation. Every preparation
is being made for continuing in fun opera
tion, and there are no indications OF a shut
down being i'll contemplation.
Wages have been cut down by some of the
companies by 10 per cent. the reduction af
fecting all employees from President down.
The Tennessee Coal and Iron Company, how
ever, has not made any cut as yet, though
it is carrying much the largest stock. The
Presidents of the three largest concerns are
now in New York for n conference on the
situation. The railroads are asked to come
to the assistance of the district in what is
called the crucial struggle and as the reduc-
tlon asked for is recommended by the local
freight agents. it is believed the request will
be granted. The ore supply is also being
chearened by the aid OF the ore miners.
There are no indications that the reduction
of wages will be resisted.
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-03-05
The State of the Flour Trade.

MINNEAPOLIS, March 4-The NorEtsUesteyn
Muller for this week says: The mills last
week raised their flour output about 1000
barrels per day. The aggregate production
of II mills was 1850 barrels, averaging 29,-
59o barrels, against ILL., $40 barrels the pre-
vious week; l232z5 barrels for the corre-
spending time in 1891, and l3l $50 barrels in
1890. With an improving water power one
more water mill is running, making Is in the
operative list. Close to 10000 barrels
are now being turned out daily
but the decided falling off in or.
ders is causing some of the millers to
talk of a reduction soon. One or two
of the heavier companies here still have q.
good many orders untitled. and they are
running strongly on this account Trade in
Hour for week past has been very slow,
and PROBABLY less than half the production
was disposed of in fresh sales There is
scarcely anything doing for export, and
bakers and low grades are very hard TO get
rid of anywhere. It Is impossible to keep
them cleared up. Complaint is made that
certain Minneapolis millers are cutting
prices badly, in order to sell flour, and a
Chicago this practice is claimed to be
especially fiagrant. Prices at Minneapolis
mostly ranged at 81 2504 so per barrel.
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-03-05
By Telegraph.

New Yerk-Beeves - Receipts, e,745 head,
including S5 cars for sale; market steady;
native steers, g s5@5 10 per cwt.;, dressed
tomorrow, 1,459 beeyes and 4,250 quarters of
beef. Calves - Receipts, 76 head; market
steady; veals, So so per 100 pounds. Sheep
Receipts 9I head; market slow, but firm;
sheep, IS Oo06 60 per 100 pounds; lambs. Sc IS
@7 30: dressed mutton steady at S@l0c per
pound: dressed lambs firm at 9@llc. Hogs
inally steady at 81 9O05 50 per 100 pounds.
Chicaxo-Cattle-Recei 5000 head: ship
ments, 5000 head: market steady to
snads ds @ GOOD to eaocs 81 80
feeders, s. 2503 so; stockers. 81 00@S 25. Hogs
Receipts, 81 600 head; shipments, 1000 head;
market fairly active and lower; rough and
A 1894 IS; prime heavy and butchers
Sheep-Receipts, 5000 head: shipments. 1000
head; market lower; mixed, 81 9o05 40;
81. t.Louis-Cattle-Receip 400 head; ship
ments, 800 head; market steady; fair to good
native steers. s. oo@4 50; tair to to good Indian
ceipts, 1857 head: shipments, 3.3lS head: mar
ket strong; fair to prime heavy. 81 1904 S5;
mixed. ordinary to good, 81 1894 75; light
head; shipments, none; market strong; flair
to desirable muttons, "a 0O06 90. :.
Kansas Observation-Disclosures $500 head;
shipments, 500 head; choice steers active
Gamers steady; steers, $3 3O93 IS: cows, 81 90
@1 so: stockers and feeders, 50 1902 60. Hogs
-Receipts, $500 head; shipments, 8 500 head:
steady; extreme range, s. 50@34 75; bulk, a so
O. 6a Sheep-Receipts, I.2O0 head; ship
ments, 800 head; market active and strong.
Receipts, 14 loads through;
market weak; good steers y COCA 10. Hogs
Receipts. 90 loads through, 20 sale; heavy
grades, IS 15Gg5 20; packers and medium, So 10
05 1a Sheep and lambs-Receipts, loads
II
extra fancy, $6 0O06 Is; good to choice, s. 80
as IS; fair to good, s5 0005 80; lambs, good
to extra, 81 1907 30; fair to good do, So cog
co.
light, s. 40Q4 70; packing and butci s., "a 80
@5 90; receipts, $3.50 head: shiprne IS. 2,450
head. Cattle barely steady; receipts, $50
head; shipments, 10 head. Sheep easy; re-
ceipts, 20 head: shiuments, 1O head. Lambs
steady; common to choice. IS o006 50 per 100
pounds.
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-03-05
Grain. Flour and Feed.

There were 40 sales on call at the Grain
Exchange to-day. Receipts, as bulletined,
% cars. By Pittsburg, Ft. Wayne and Chi
cago Railways cars of oats, of hay, of
ear corn, of feed, l of rye, 8 Of flour. BY
Pittsburg, Cincinnati and st. Louis-1 car of
middlings, 2 of corn, of hay. By Pittsburg
and Lake Erie-1 car of rye, of middlings.
By Pittsburg and Western-lcar of oats, l of
wheat. Corn is the weak factor Of cereal
markets. Millfeed and hay are firm at quota
tions. Oats are quiet, but future changes
are apt to be upward. At present prices
here oats cannot now be laid down and sold
at profit.
Following quotations are for carload lots ON
track. Dealers charge an advance on these prices
WHEAT-No. cred. ssc to 81 90; No. 3 red. s4c to
95c.
CoRN-No. yellow ear. 46ls@47c; high mixed
ear, 46(046Hc; mixed ear, 45@45lsc; No. yellow
shell. 441a@45c: high mixed shelled. 44@4c; mixed
OATs-No. oats s514@ssc; No. 2white, s5@35kc;
extra No. oats, 3419@35c: mixed oats, 339@34c.
RYE-NO. Pennsylvania and Ohio 9a993c; No.
1 Western, 9099ic.
FLoUR-JobDing .prices-Fancy spring patents.
s. 295 50: fancy winter patents 4S 2595 50: fancy
straight WINTER s. 00@5 Is; fancy straight spring.
xX2 Sskers sS sea 5 kye e' 8Sur s. ec5 %
MILLFEED.-Nonl whiIe middlings; sig oc@2o %
middlipgs, 81 O0917 50: winter wheat bran, sH $50
II Is; chop feed. 3i7 0O@2p 90.
HAY.Baled timothy choice e1s o091s 3: No; I;
@l2 co; loose from wagon, sls oo@A 90. according
70 quality; packing hay, % OOD9 50.
STRAw-Oats, 81 00@7 60; wheat, Is COOS 50; rye.
u 0O07 Is.
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-03-05
THE HOME MARKETS.
Eggs Weak, With a Downward Drift,
and Dairy Products Firm.
VEGETABLES AND FRUITS QUIET.
Hay and Aillfeed Steady, and Corn Tending
to q Lower Level
SUGAR HIGHER AND COFFEE STRONG
OTF1CE OF THE DIsPATcH, !
PIrrsBURG, FRIDAY, March 4. (

COUNTRY PRoDUCE-Jobbing Prices
Eggs are weak and job lots are selling q
shade below yesterdays prices. New York
egg markets are about the same as here,
whereas the rule is that prices there are 1
to &c per dozen higher than here. Poultry
is still scarce and prices show an upward
tendency. Dairy products are in fair de-
mand and prices are steady at quotations.
There are no signs of improvement in fruit
and vegetable lines. Price of potatoes, cab
bage and onions has not been so low at this
season of the year. The supply of maple
syrup is liberal and the outlook Is for lower
prices.
APPLEs-$I 1592 so per barrel.
BUrTER-Creamery Elgin. 33c: Ohio brands. $50
soc; common country butter, E@1sc; choice coun-
BEANs-Sew York and Michigan pea. 81 SOL 90:
marrowfat, s. 1592 25: Lima beans, 31a@3zc ID;
BEEswAx-Choice' S@ssc p ID; low grades, no
GgsEyna1i1 sSo ss sSae Sss n York
swetzer full cream. is'zai45sc imported sweitzer.
:. @ q cas5 s,s 5sg g Oasre sand
Ssfla box. 81 Sol So: per barrel
S OO05 90.
FEATHERS-Extra live geese, 57t95Sc; No. 1, 400
SOC p fb: mixed lots. 3@G4Oc.
DRIED FRUITS-Peaches, halves, 5zc: evapo-
rated apples, 70Sc; apricots, 961lc blackberries,
5@6c: raspberrfes. Is@lssc; huckleberries, 7c CAL
ifornia peaches, 7%@9Ec.
HoNEY-New crop, white clover. 1s@17c; Cali
fornia MiaI honey; I ls9iSe Z p; n;.aooc "a r,uon
MAPLE SUGAR-7@Sc p t6.
POULTRY-Alive-Chck 70dSS0c pair: large,
6567Oc, medium; live turkeys, 11@12c 2 ID; ducks.
sI@s5c pair: live geese 81 oOS1 10 pair: dressed
chickens, l@15c p No. dressed turkeys. l5@16c ID;
dressed ducks, l4@15c p ID,
POTATOES-Carload lots, on track, 35G40c from
store, 40945c bushel; Jerseys, 81 1903 co.
SEEDs-Western recleaned medium clover, job
bling ut $6 60; man moth at $6 75 timothy SIS for
prime and 81 GU for choice; blue grass 90 6562 s0
orchard grass 81 20; millet. 81 90: German, 81 Isl
Hungarian. 81 10; fine lawn, 25c p ID; seed buck
wheat, 81 4o@1 so.
TALLOw-Country. &c: city rendered. SC.
TROPICAL FRUITS-Lemons. fancy, Messina, 50 IS
"a 90: Florida oranges, 81 25@2 70 box; bananas,
81 5O0 10 irsts 81 0001 25 good seconds, per bunch
Malaga grapes, $40 OOd13 % II half harrel Persian
dates; 44@5c per pound; layer figs, 1a914c per
pound
vEGErABLEs-Cabbage "a OoN06 90 a hundred;
yellow Danver onions. 81 25@2 80 barrel; toma-
toes. So O093 o crate; celery, 2513Oc per dozen
turnps. 90c@S1 90 barrel; Bermuda potatoes,
S. % barrel.
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-03-05
Groceries.

The sugar advance is now an assured fact
Our quotations are advanced an nc per
pound, as was foretold in yesterdays mar
ket column. The wretched condition of
country roads throughout the region of
which Pittsburg is the center proves ad-
verse to trade. CoffeeS are firm at prices
quoted.
GREEN CoFFEE-Fancy, 2a@23c: choice Rio, N1s
@2215c: pfime: 2Oc: low grade Rio. ls(9l9c: old
Goyernmens Jaya. E@ge; @ sI91 Ma9racaibo: HOGS;
e; ESAsTED Ss da a% brands, sss
bulk, bulk M1sSssc: Msracaibc. sa@aIc: santos. lsH@
sd.5 Ko . chSss .1s;nslS RS is prime RIO
s sfcEs Esod i2c aspce 1oc
cassia: &C; pepper lls; nutmeg; 7o@s9ca, -. -
ohc @ sc heash pTisss to- xassi se
white 71sasc; globe 14@14.4c:, elaine. 1sc; carna-
dine nc; royaine, 1ic: red oil, loE9l1c; purity.
MINERS om-No. winter. strained. ss@4oc per
sYRUP-Corn syrup, 25@Sc: choice sugar syrup,
s4Ss6c: prime sugar syrup S@s2c; strictly prime,
4. o. MoLAssEs-Fancy new crop. 4o@42c;
choice, 4O94lc; old crop, 36gssc; N. o. syrup,
soDA-Bi-carb. in kegs, s@@sxe; bi-carb., in Us.
sic: bi-carb assorted packages, 5A@6c; sal soda,
m kes fn Weight &C., stearne per
set, sac; paraf1ne. 1l912c.
sTARCH-Pearl, &c: corn starch. 5X@S4c: gloss
II.
! FOREIGN FRUIrs--Layer raisns, 81 90; London
layers. ss 8: Muscateis. 81 IS; California Muscateis
81 4O@l CO.; Valencia, 5A(9sc: Ondara Valencia 61s
07c; Sutana. Sli3c: currants. 3AG414c; Turkey
prunes. 44@5l1c; French prunes. sa9lsc ;cocoanuts
p 100, IS 90; almonds Lam p 10, aoc; do Iyica, nc;
Serts ie Smyrna s % ss new dStes ss e
Brazil nuts, 7c pecans. 1a@14c: citron p h. 21@2c;
DHH1 Rsf 4H n GGsass eed essd app
eysporated. 61S@sc; peaches. evaporated. pared,
89@91c; cherries, pitted 12c; cherries, unpitted,
&c; raspberries. evaDoratad. f@lsc; blackberries,
ssUGARs-Cubes, 4ac: powdered, 4Mc: granulated.
low. choice sa@ssc; yellow. good a'lSsac; yell
PicKLEsaMedinm, bbls q. .2oo), u Is; medium.
hsis sah9sSS ess ssSo SS s. 81 20: No. l. er.r. pe
q 20: Higgins Eureka, 4-bu sacks s. 50: Higgins
CASSED Goops~siandard peaches. 81 7501 90:
2ds. 81 aNal 20: extra peaches: 81 o,@2 TO-; pie
beans. 81 IS; soaked do. Sc; strnged do, so@s5c:
pnespp1es -s soS % g: Bahama do So o. da@son
pm co. aDTeess ETsen sfes 81 I co.
s. 1O@2 30: do greengages, 81 IS: do egg plums.
q S. extra white cherries s2 75@s s5; raspberrles;
81 osse saos IN 1
q 1901 So; blackberres SOC: succotash 2,tb cans.
bes sC sas do s S cans cans 2 81 pseea
beans q 40@1 55; lo6sters, lib cans. 81 25 mack
I Sss g = s9 sssdpas dS%e5s
dimes; mustard g 10; slTdinss: splssa: p s.
srei. SIS %: Nc: 2 large msekerei, 81 g; No. .
Whae u hs af 3D. 81 Lake s reas Sa
ans zosud ksns6s hssrns 1ss 'S
OATMEAL-s4 7505 o.
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-03-05
THE MARKET BASKET.
Ocean Products in Better Demand and
Flowers Depressed.

At the Diamond Market fruit and
vegetable stalls trade is reported quiet for
the week with no essential change in prices.
Eggs have been up and down for the past
two weeks but are now retailing at120 cents
per dozen, which Was the price last Satur-
day. Poultry has been in limited supply of
late, and prices show and upward tendency.
Choice creamery and fancy roll butter sell
at the same PRICE rs week ago.
The Lenten season, which opened the
present week, has had a helpful influence on
the fish and oyster trade, but staple meats
have suffered accordingly. At the butcher
stalls trade is reported very slow, but staple
meats are unchanged in price. The effect of
Lent is felt most in the line of floral goods
Society has entered upon its quiet period
and floral decorations are not SO much in de-
mand as a week ago. The result is lower
prices all along floral lines, in spite of the
TACT that quality of flowers has greatly inn
proved the week past.
Following are latest retail prices of mar
ket basket materials:
MEArs-Best cuts OF tenderloin steaks CSC per
n; srloin. 10000; standing RIB roast iS@3oc:
lamb l5c; leg of mutton, l2Sc for hindquarter and
Sc for forequarter: lon of mutton, l5c lamb chops
20c; stswing pieces. &C per 10: veal roasts l20I5c
per 70, and outlets. 0c Pork chops. I21sc and
toes 15c per half peck: sweet potatoes 2092c per
half peck: green beans. S5c a quarter peck: wax
carrots Sc bunch: lemons. 2oS25c T per DOZEN dozen;
for &c; beets. hunches for foe: cucumbers 20925c
apiece; celery, SC a bunch: caulinower lS635c
quart box: Spanish onions, SC apiece; Malaga
grapes, 2C925c a pound: bcets. lec 8 bunch, for
25c.
BUTTER AND EGGs-Good creamery, sa0ssc per
b; fancy brands. S5d3sc: choice country rolls 2a0
ne; good cooking butter. lie; fresh eggs, N@2ic
per dozen.
PoULTRY-Live chickens 75@soc a pair: live
turkeys, I3dl2c per lb:. live ducks. 75Is5c a pair:
dressed chickens u 2 lsc per p; ducks. IL to lsc
per n; turkeys, Is to It.
FIsH-Folowing are the articles In this line on
the stalls with prices: Lake salmon, 10 to l5c: CAL
ifornia salmon, IS to 40c per pound white fish, l2l.
to 1oc herring, pounds for 25c; Spanish mackerel
2oc per pound; buefish, l5c; habut 2oc; rock bass
25c lake trout, Exc Holsters. 20c; green sea turtle
% 25c; oysters, New York counts, 81 IS per gall
ion: smeits 2Oc pound: shad. 81 90 to 81 25 each;
scallops, epc pound; Mackinaw trout, I2xc per
pound: frogs. 81 % dozen; clans, 81 so q
gallon.
FLowERs-La France. 81 90 per dozen: Duchess
OF Albany s. 90 per dozen; Mermets y 90 per dozen:
Brides, s. 20 per dozen: white and yellow roses,
81 Sc per dozen; hostes, s. 80 per dozen: Senator
Wcottep roses. ~ 90 dozen; Bennetts, q 90 per
dozen; hyaenths. soc per dozen; lily of the val
ley. 75c per dozen; orchids, &c 10 81 90 each;
v1olets q 90 . hundred: carnations SOC per dozen;
freezia Soc per dozen; lilac. Soc spray tulips 75c
per doze narcissus 75c per dozen: Candidus lilies
55c per dozen; Gala lilies, s. so per dozen; dafo
dis, TJc per dozen.
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-03-05

iron at loss on to-day's market. Some
place the proportion much higher than this.
When 1t is once clearly seen that production
is reduced, consumers will conclude they
had better stock up, and there will be an
active buying movement that will quickly
prove there is a bottom to the market and
that it is a higher level than generally sup
posed. 1t should not be forgotten that
practically the entire blast furnace capacity
OF the United States has been employed for
the last three months. The total output has
exceeded consumption by perhaps per
cent. This is during a period when all
branches of the iron trade have been de-
pressed, There are few new furnaces in
construction, either north orssouth, and 1t
will be years before another period OF active
sets in.
The average increase in consumption of
iron in the United States Tor the past 90
years has been 10 per cent per annum. If
the future is ut all like the past it is impossi-
BILE that iron should continue for long
period below cost of production. A slight
increase of consumption following the cur
tailment OF the output would bring about
entire new conditions. Since our last report
two or three Northern furnaces of large
capacity have blown out, and two stacks in
the South have gone out for repairs. One
new Southern furnace of large capacity will
blow in next week. 1t is the Embrevitle, in
East Tennessee, near the North Carolina
line 1t will use low phosphorus ores of a
grade between Cripple Creek and Gran
berry.
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-03-05
BAD EUROPEAN WEATHER

Makes q Good Grain Market in Chicago
Trading Rather Dull in Wheat - A
Moderate Shipping Demand for Corn
Oats Steady-Hog Products Firm.
CHICAGO-Wheat opened firm and higher
this morning, but weakened after q time,
and after a number of rather sharp f1uctua-
tions closed without change compared with
yesterday. Tho foreign news was very
generally bullist. This, in the face of the
weak closing here, was regarded as quite en-
couraging and stimulated the buying. Crop
damage reports from France were again
plenty. Cold unfavorable weather was also
reported from Great Britain and Holland.
The weather in this country was seasonal
Bile and the movement on fairly liberal
scale. especially in the Northwest, where an
immense amount is, statistically at least,
waiting shipment, but these facts were not
potent in the making of prices.
Trade was rather dull as rule, and largely
confined to the professionals. May opened
at 902z09l1sc against 9lAc at the close yester-
day, ,Rnd advanced tol9lNc; but at this point
the selling became free, partly in the way OF
realizing and partly in the pulling out OF
short lines, and there was season OF weak
After this selling was over there was a bet
ter tone, and May reacted to SIC on con-
tinued bhllish foreign weather cables, which
started shorts to cover, but near the close
renewed selling weakened prices and the
close was at 901Sc.
Corn was quiet, but rather strong, and 20
Nc higher. There was moderate shipping
demand, and the report that over 100000
bushels were taken at the seaboard yester-
day for export helped to cause the f1rmness.
The fluctuations, however, were extremely
narrow, and the close was unchanged COM
pared with yesterday.
Oats steady, f1uctuating within 1sc range
and closing 1Sc higher.
Hog products opened firm at yesterdays
closing prices. Lard and ribs were steady,
closing slightly lower. Pork advanced for
a time ON purchases by packers, but then
weakened owing to a lack of demand, and
closed with a loss of Tic.
The leading futures ranged follows, as correct
ed by John NJ. Oakley G Co.. 45 Sixth street. mem-
bers of the Chicago Board of Trade:
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-03-05
HOME SECURITIES.
THE STIMULUS OF URGENT BUYING
ORDERS LACKING,

But No Signs OF a General Reaction-Losses
-AbouI Offset by yGains-Birmingham and
Switch and Signal Let Go n Little More.
Business on Change yesterday was mod
erately active and irregular. While some
things were weak-notably Birmingham
Traction and Switch and Signal-there wore
some gains as an Offset. Airbrake, Electric,
Central Traction and Pleasant Valley i'm
proved at the afternoon session and finished
at the highest price of the day.
Sales at first call were So 900 Birmingham
bonds at 1O01a, 10 Philadelphia Gas at II, 100
at III, 90 Citizens Traction at 6l5s. l Bir-
mingham at 26, 20 Pipeage at 10. so Switch
and Signal at -. Second call. 100 Philadel-
phia Gas at II, 100 at III, 125 Birmingham at
25L. $50 Pleasant Vailev at 24l&. Third call,
H5 Pleasant Valley at 241s, 10 Birmingham mt
2511, 40 at 25L 35 Switch and Signal at 1S11a, %
Philadelphia Gas at liz.
At the last call United States Glass, COM
mon, was offered at 20, and 10S was bid for
Citizens Traction SIS. Electric scrip was
offered at "a. Post call quota lions on the un-
listed fractions: Birmingham, 255S bid,
offered at 2511: Duquesne. 2331 bid. offered at
"a. Manchester at the early call was offered
at S9s4. Bids and offers in detail follow:
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-03-05
A Considerable Amcun: of Bu.ynesa, but NJ
Very Low Prices

CINCINNATI, March z-[Spec;oI l-Rosers,
Brown i Co. say: A very .consfdera bIe
amount of business has been raasacved dur
ing the past week, at low pricas The ton
mage OF sales made through Cincinnati
agencies will probably reach 80 coo during
the week. This has been largely for South
ern coke irons, and it is needless ts> say that
prices have been lower than befors c,stie.
Buyers for the most part. however, take
nothing except what is actually needed for
early consumption. One large consumer en-
tered the market for II. 600 tons, late deliver
les but concluded not to buy. 1t is a sinpu-
lar Characteristic OF the pig iron trade tliat
when prices are at the lowest buyers, as a
rule keep their yards as near empty
as possible, and only take hold freely
for future wants when prices are well ro
The very general talk of over-productica
naturally excites fears among ali classes OF
buyers and the general belief is that there
is n o bottom to the market. Here and there
3 furnace or other holder of iron throws
some special lot on the market for what il
will bring and adds to this feeling. All ex-
perienced observers know that the farther
tins decentralization extends the quicker
and more extreme will be the reaction. At
present there is unquestionable over-pro-
tiuction. From this time on, however, fur
naces North and South will 20 out of blast
and production will be materially cut
down. TEis is inevitable, because 70
per cent OF the active furnaces arc making
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-03-05

s171c: No. do. 301S031<c. Barley NEGLECT
ed; 3D. NO. 2 5sS@5sc: sample on track. %@osc-
Fork, Sn co. Lard, So 80
DULUTH-wheat-No hard, cash, s511c;
March, s515c: Nav. 905Sc; No. l Northern,
cash, SAC; March. s4c; May, ssssc; No:
Northern, cash, Tic: No. Northern, 7sc;
rejected, 6Oc; on track-No. ! hard, 567fc;
No. i Northern, S51lc.
TOLEDO-Wheat dull and lower; cash and
March, 954c: May, 9615c; July. sI11c. Corn
dull and hrm; No. cash. 42c; No 2 yellow,
as1sc; NO 9. Ale; No. 4. 3911c. Oats quiet; cash,
32c. Rye dull; cash, s71Sc.
NEAPOLIS-Wheat-No / Northern,
March. closed, sac: May. opened, SEC: high
est, s67sc, lowest, s5zac: closed, S57zc: on
track-No hard. s613c; No. Northern, S511c;
No. 2 Northern sO@S3c.
KANSAS CITY-Wheat-Lower: No. 3
hard cash. 1714c bid: No. 2 red cash, s4c. Corn
higher; No. cash, 3314cbid. Oats steady;
NO. ., cash, sc bid Eggs active, lower at