davidaulloa/AmericanStories huggingface dataset:
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-06-25
By Telegraph,

New k-Beeves-Receipts,2,7 2, ,7ss head, in
Guiding "a cars for sale; market slow and 10c
per 0pounds lower; native steers, $3 55D4 20:
Texans. IS 5O@3 So; bulls and cows, 81 5o@
8 90. Dresse beef steady at 6lz@TlSc per
pound. Shipments to-day, $50 beeves; to-
morrow, l,325 beeves and s.39s quarters of
beef. Calves-Receipts, S3s head: market
Nc per pound higher; veals. S5 00@5 IS per
cwt; buttermilk calves, 50 60@3 so; " esterns,
S3 25. Sheep-Receipts, 4, Isl head; market
very dull; sheep, s3 65@5 90 per cwt: lambs,
S5 75G7 50 dressed mutton steady at 10G1l15c
per pound; dressed lambs weak at u@
13]Sc. Hogs-Receipts, 1856 head. consigned
direct; nominally steady at $5 l0@5 6219 per
cwt
st. -Cattle-Receipts, ], 7s5 head: ship
ments. 1855 head; market 20@40c higher
tnan last Wednesday on Texas steers and
l0@30c higher on native cattle; fair to choice
native steers, quotable at s. 1904 So;
81 3o@2 so; no good cattle of any kind on
sale to-day. Hogs-Recefpts, 3,440 head;
shipments, 1878 head: market &c higher:
Joy a5: miRed d ordinary AZ % to good, 81 7sSs "a 70 s0
light, fair to best, 81 so@5 Is. Sheep-Re-
ceipts, 500 head; shipments, 500 head; mar
llet strong; fair to desirable native muttons,
s4 0005 90; fair to desirable Texan muttons,
So 5Ol4 IS.
Chicago - Cattle - Receipts, 1000 head;
shipments, 800 head: market strong; natives,
SO 35@4 20; Texans, 81 35@3 O5; stockers. 50 90
GS 50; COWS 81 2o@2 y; 90 hogs,Receipts, ls, 900
higher; rough and common, 81 7565 TO-
mixed and packers, S. 1905 25: packing and
shipping, S5 20@5 30; prime heavy and butch
ers', IS 35@5 10; light, 81 30@4 3-h. Sheep
Receipts, l,O00 head; shipments, LS00 head:
market steady; natives. 81 5065 80; West
erns, 81 logs so; Texans, sS 65G4 40; lambs,
81 0O@7 90.
Buffalo - Cattle - Receipts, 1I loads
througa, 4 sale; very slow; coarse steers, So 90
as 90; grass bulls, s. C0@2 10: mixed butch
ers', S. l5@3 40. Hogs-Receipts, 3S loads
through, - sale; market strong and higher
for all GRADES: heavy, S5 so; packers and me-
dium, S. 55@5 go. Sheep and lambs-Re-
ceipts, 29 loads through, 10 sale; market
dull and lower for all kinds; choice to fancy
wethers, S. O0@5 40: fair to good sheep, 81 90
"a IS; clipped lambs, choice to fancy year.
lings, S. 00Q5 40; fair to good, 81 50@4 90;
spring lambs, "A 0O@6 so.
Kansas Cattle-Receipts, g. 100 head;
shipments, 900 head; dressed beef and ship
ping steers steady to 50l0c higher at So 3ON
4 so: cows weak at 81 6U@3 20; feeders irm a
So 00@3 Is: Texans, ,5Ql0c higher at 81 l0@S 30.
Hogs-Receipts, / ,0OO head; shipments, 1900
head. The market for good hogs was strong:
butchers common steady; alI grades 81 256
%; bulk, s. S565 05 Sheep-Receipts, 200
head; shipments 200; market steady.
Cincinnati = Hogs higher; common and
light, 81 50@5 10: packers and butchers,
S. 00@5 30; receipts, l,730 head: shipments,
800 mead. Cattle weak at 81 006I 25; re-
ceipts, $40 head: shipments $50 head sheep
strong at So G0@5 %; receipts TO- 900 head;
shipments, I10J head. Lambs steady; COM
mon to steady spring, So 25@17 OO per 100
pounds.
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-06-25
HOME SECURITIES.
AFAIRLY ACTIVE BUT UNPLEAsANTLY
NARROW MARKET.

The fractions Absorb Attention and Are
the Only Stocks Handled-Pleasant VAL
ley Regains Lost Ground-Manchester
and Duquesne Marked Up-Birminsham
Drops.
Trading in stocks was fair in the aggregate
yesterday, but the range was narrow, being
confined to single group. As on the previ'
Gus day, the street railways absorbed atten-
tion. They are again leaders of the market.
Pleasant Valley was in demand and there
was no trace of the weakness which charac-
terized it at the close on Thursday. 1t I'm
ished the day at the highest point. As pos
sible, or probable, consolidation with Man
chester has been largely discounted; the rise
must be attributed to the inherent merit Of
the stock. Manchester and Duquesne held
their ground and more, but Birmingham
rectors in deciding against dividend in
July.
The natural gassers were steady, as were
Switch and Luster, but U. s. Glass common
was marked down point. Underground
Cable and Airbrake were offered down at
the last call.
mingham at 26, 900 Manchester at 49, Before
call, 100 Pleasant Valley at g. Second call.
90 Birmingham at 25E 90 at 26, 205 Pleasant
Valley at 27L. 100 Manchester at 46]4. Third
call, 160 Pleasant Valley at 273s, 30 Peoples
Gas at 10, 25 Birmingham at 26
Final figures on the unlisted fractions
were: birmingham. 25h bid, offered 26;
offered 2s. Bids and offers at each call fol-
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-06-25
Groceries.


CofTees are weak and likely to decline un-
der the influence of heavy receipts and the
promise of a great incoming crop. Sugars
are steady. The Louisiana rice crop is re-
ported to be unusually large, and in this
prospect markets are weak. Foreign rice
is still firm. Canned and dried fruits are
active and show an upward tendency.
2o@aIc: prime. BOISE low grade, l6@l7c: old Gov.
2sSssc: santos; S5sSss5so Caracas S4SssSss, La
ROASTED 1n papers)-- Standard brands. 10. 15c:
higher grades e21f@2sc: old Government Java, bulk.
good kio, lskc; ordinary. i7Slsc; ~ a
PETRoLEUM 0obbers' pricesJ-1fO test. ec;ohio.
7lt@sc: globe A9I4Jkc: elaine. 1sc. carnadine lie:
royalire, lac: red OIL lot@1lc: purity, lac; oleine,
MINERS OIL-No. !. winter. strained. ss@4oc per
gallon: summer. 35@Sc; lard. 62@55c.
2 syrup sssy pye pyrn
n: o: MoLAssEs-Tasey. new crop, ss@s9c;
,sopA-Bl,carb. in kegs. sh@sse; si,carb, in as,
CASDLEs-stsr full weight. SIC; stearine. per
RI!cE-Read Carolina. 65s@sNc; choice. 5s@sAc;
sTARcH.PsarI. Pear; ssc; corn starch, 5A@sxc; gloss
ToREIsX FRUIT LAYER ratsins, e 90: London
LAYERS g p; Mqscatels. q IS; California Musca-
cia 61s@7c; SuItana, S@13c: currants, 3493Ao:
Turkey prunes. 4!s@5fc; French prunes, s@l2c;
eocoanuts: 100. g %; almonds. Lam, p ID. soc;
do 1yica, lie: do shelled, soc; walnuts Nap, 100
lac: Sicily filberts. lie; Smyrna figs. 129l3c new
figs, 595hc Brazil nuts. &c: pecans, 13@l4c; citron,
p 10, 2l@Z2c Iemon peel. 10c 10; orange peel. Ec.
4s 81 & sC &C., ye
low, choice. K94'sc; yellow, good. sSs@4c; yell
PIcKLEs~MediHm. bbls u.eoo). y Is; medium.
sALTDNo. Der Dbl, 81 90: No. extra. per half
SS aias geF Fl Rs
CANNED Crops Standard peaches, 81 7s@1 90:
peaches. ssssoc: finest corn 81 a5Sl SOL 5S HID CO. e.
corn, 81 coal 10: red cherries, 81 COOL 10; lima
beans. o. IS: soaked do. ssc stringed do. so@s5c;
pineappies. 2aa1 50: BaI.ms do. Il %; da@son
plIms. q 90; green cages. q 60; egg pums. 81 60;
California apricots: q 1902 60; California pears
50: extra white cherries s. s5@s s.: rsspberries.
81 Ia@l 25: Strawberries. 95c@sl 10. gooseberries,
g @ so Sc: saecotash a cams, cams
soaked. SOC; do green. 2-b cans, 81 25@1 5O corn
beef bee s,iS cans. 81 sS@i 7o l-IS cans 2 baked
'f SoeS ssTnes
SGs 90 ss5ainss pST'eda 90; sardinss'
FIsH-Ex:ra No. | bloater nackereL s24 90 per
Dbl; extra No. do mess. $50 oo No. 2shore mack:
ereL s7 %; No. large mackerel G6 80: No. 3
White dsh 50 per iOo- ID half bbi. Lake trout 6 50
per half barrel: Finnan asddies, ioc per o. Ice.
quarter beis. u q. Holland Serrins, 75c. Walk:
oATMEAL-N so0S 90.
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-06-25
1T is EASIER TO SELL
THAN TO BUY STOCKS ON WALL
STREET AT PRESENT.
The Market Back In Professionals Hands
Only q Few Features Relieve the Dull
ness-Nothing to Keep Back Better

The Market Back in Professionally Hands
Only q Few Features Relieve tho Dull
ness-Norhing to Keep Back Better
Prices-RaiIroad Bonds Heavy.
NEW YORK, June 24.-The stock market Of
late seems to have again gone completely
back into the hands OF the professionals,
and, possessing this character, 1t remains
narrow, with dullness the feature of the
trading in the great bulk of the list, while
one or two stocks are pushed up or down
over a comparatively wide range, and by
reason of their comparative activity save
the market from utter stagnation.
The market opening was tame at practi-
cally last nights prices, and the movements
in the leaders being so we'll balanced during
the early trading, no apparent tendency in
either direction was to be noticed in the
general list, and in the great bulk of the
stocks dealt in the extreme fluctuation for
the day was within u per cent. The market
continued extremely dull, and, While there
ton it afterward recovered.
The selling is easier than buying, and
while the market continues narrow there is
nothing to operate against better prices.
The earnings of the railroads continue salts
factory. The anthracite coal companies are
getting better results, and the bituminous
the investment demand for both stocks and
bonds continues steady. The later deal
ings saw a drive OF Louisville and Nashville,
by which that stock was depressed over /
per cent, but the advance in New England
was partly lost and some of the leading
shares displayed a reactfonary temper.
There were no other movements of note
and the market~anally closed very dull and
steady generally at insignificant changes
for the day. A drop in Manhattan occurred
late in the day, and it scored n net loss of 1L
per cent, but the only other decline of note
was per cent i'll louisville and Nashville,
while New England is up a like amount.
Total sales of stocks to-day. eli ,5l9 shares,
including: Atchison, 1880: Louisville and
Nashville $500: Northern Pacific preferred,
1865; New England, 1900; Reading, $780, St.
Paul, e, 800
Railroad bonds were very uninteresting
to-day and while in the main steady few
issues settled downward and gave a rather
heavy appearance to the list, the Richmond
and West Point issues being positively weak
again. The 6s dropped 6N to TX, but the
other changes were unimportant The
trading reached s10I6000. of which the
Atchison incomes on very small fuctua-
tions furnished Sl44. 600.
The following table shows the prices of active
stocks on the New York Stock Exchange yester-
day. Corrected daily for THE DISPATCH by WHIT
NEY L STEPHENSON, oldest Pittsburg members Of
the New York stock Exchange, 81 Fourth avenue,
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-06-25

that the present season of discouragement
and dlstrust is pretty sure sign that reao'
tion is near. 1t is pretty certain things can
not go on indefinitely as they are, for it Is
well known that stocks are being reduced,
that many furnaces cannot realize cost on
the present market even after the most rigid
economy and reduction of cost have been
put into effect. This general view of the
situation has led to some inquiry from in
vestment quarters and some sales OF size
have been coDsummated, taking the iron OF
the market until better times. 1t is rumored
that 80, 600 tons of furnace iron Will also be
put into storage to await an Improvement
in the market The wage matter being un-
settled lends uncertainty to the operation
of rolling mills and adds weakness to the
market for gray forge irons. In car wheel
irons there is more than the usual quiet but
with palleable works there is general &C
tivity, resulting in the closing of large trans
actions each week. 1t is understood that
most of the malleable Iron concerns have
pretty fully covered their wants for the
coming season.
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-06-25
Wool Markets

NEW YoRK-Wool steady and quiet: do
mestic fieece, 2615 935c: pulled ,2O@S2c; Texas,
7@22c.
ST. LoUIs-Wool-Receip 81, 900 pounds:
shipments, 21,oOO pounds: medium and
mer ranging 7@2215c, and the latter l56 l9c;
for Northern and Texas, Colorado and New
Mexico medium sells at 7@2lc; low and
coarse, H@l6c; light fine, l5@l7c; heavy do,
l3@Ac.
PHILADELPHIA-Wool quiet; prices steady:
Ohio, Pennsylvania and West Virginia Xxx
and above, 2s@30c: x, 26G2sc; medium, S36
Indiana and Western fine or Y and Xxx, 256
26c; medium. 32@3ic; coarse. 83ls034c
washed combing and delaine, fine washed
comDing and delaine S4@36c; coarse do do
do, 3f@3515c., Canada washed combing 326
Sac: tup washed. choice 36@3sc; fair, 35636c;
coarse, 3SG34c; medium unwas he'd comDing
tana, l6@22c: Territory, l3620c
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-06-25
Provisions,
CHlMERAS ON CHANGE,

Spectators Think Because It's Raining in
Chicago It's Raining Everywhere-The
Anti-Option Rogie Won't Down-Prioes
Unsettled-Lower for Wheat and Oats.
CHlCAGO-The deluge in Chicago was so
heavy that speculators found it hard to un-
derstand how the growing crops could have
escaped. That appeared to be the main
cause of the advance in prices at the OPEN
ing. As u result of better Information by
telegraph the close tonight compared with
last night, showed a net decline of Ec for
wheat and oats with corn unchanged. The
provision list was 714@1oc up.
Only light business was transacted in
yanced 1sc or more: then Became weak and
declined 15@Ac for various futures; ruled
steadier closing .H@Ac from the bottom.
The anti-optfon bogie poked its head into
but the opinion gained in force that the bill
will be shelved i'll the Senate.
The feeling in corn was unsettled. Initial
transactions were at A@lc advance. The
shorts in covering bid the price up on each
other. At the advance the offerings
became large. good deal OF long
son sSat he local out tine p6sd
sold out their holdings causing room traders
to sell freely, and the price declined 1@lLc
in short order. but rallied ssc later. Tie
cash market opened stronger. The market
ruled easy, closing steady at last nights
figures.
Oats were traded in literally, and q
stronger feeling prevailed, due chiefly to
tatr demand from outsiders, and also to
rather uniavorable crop reports.
The provision traders showed little inter-
est in the market after the first hour, with a
lighter run of hogs and higher prices at the
yards, and corn 1c up from the close Thurs
day. All products started strong and higher.
the advance was met by free offerings from
scalpers and holders with profits. The grain
ma rk al uva a IQn nj Uiain Uc,,fr off
with them. Later there was little life in
ribs because of free changing from July to
September, mostly at &c difference, while
lard and pork were mostly neglected.
The leading futures ranged as follows, as cor
rected by John NJ. Oakley & Co.. 45 sixth street.
members of the Chicago Board of Trade:
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-06-25
MONETARY xovEMEsTa
Tho Local Situation Unchanged - The
Wealth Of the World.

Tho Local Situation Unchanged - Tho
Wealth Of the World.
Apathy in the loan department., plenty of
funds and good counter business were the
only features Of the local money market
yesterday. A cashier remarked: Business
is good but profits are small. The crop
prospect is SO good think we will have an
active fall" Rates were on the usual 5@6
per cent basis Bank clearings were 81, 450, :
823 80 and balances s345, 1853 o.
Mr.. Leech, the Director Of the Mint, has
just issued statement of the amount OF
money in the principal countries Of the
world. The totals are: Gold, $685. 935. 600;
silver 81, ,94. 200. 000 uncovered paper, 81, ISL
1893. France Is first in the list and the United
States next. The figures given a year and
half ago were: Gold, $3.727,0l .s69; silver,
$3.50, ,57l 246 uncovered paper, s2,44S 900, ,oO0;
total, SO, ,995, $50 2l5.
A New York authority says: "The money
situation has undergone slight change
during the past rev days, owing to the effect
produced by the large shipments of gold
last week, which has made borrowers a lit
tie less disposed to rely upon the long con-
tinued ease of the money market, and has
created the desire to arrange somewhat for
the future by time contracts"
At New York yesterday money on call WAS
easy at NJ to 2 per cent; last loan ~ closed
offered at " per cent. Prime mercantile
paper 2I@4%c. Sterling exchange quiet but
steady at 81 81 for 60-day bills and 81 $50 for
demand.
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-06-25
Awaiting a Settlement of Wages.

PHILADELPHIA, June "a - [Specidl. j The
labor question must be settled before any
large buying movement can set In. Al
though the mill men are the only strictly in
terested parties, vet it seems to affect the
buyers OF foundry irons, particularly in the
vicinity of t,ittsburE. If an amicable ar
rangement is made on June 80 we may ex-
pect TO see quite an Improvement in the
volume of business in iron and steel of
every description. There is a marked scare
ity of steel for early delivery, and nothing
under s23 at Pfttsburg or Wheeling would be
considered.
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-06-25

Pork firm at SO 75 Lard steady at s6 3711.
Bulk meats strong at 81 00Q7 l2H Bacon IN
moderate demand at at % eo@s lsH. H Butter
PhILADELPHIA-Flou dull, but steady.
Wheat dull No. red, in export elevator,
size; No. red, june. s7A@s1zc; July, Au-
gust and September, 65A@S6c. Corn-Op-
tions steady but quiet; local car lots quiet
but advanced 10 under small supplies; No.
yellow, in grain depot, SIC; No. mixed. June,
6i15@55c: July, 1@514c: August and Septem-
ber SS9osc oatsnCarlots hia dnli; aan ru1Hres Na
white, Ale; No. Q white, June. 4o@41c: Jnly,
40@4011c; August, 3s14@3sc; September, S11a@
Sac Butter firm anu in fair demand; PENN
vania print extra, 22@25c. Eggs quiet and
easy; Pennsylvania f1rsts, lie.
Observation-Disclosures closed at
1910; July opened ut 1910: highest, 1910;
opened s; az sssse; highest. 75ac: lowest. 7ssso;
December closed at T3sc: on track, No:
hard, soc; No. Northern 79c; No. North
ern, 67@72c; old August quoted at TIC.
MILWAUKEE = Flour quiet. Wheat
l Northern, s3@s4c. Corn steady; No. 8. 46@
47c Oats steady: No. white, 344@35l4c.
Barley firm; No 2. 57e; sample on track. 40
80c. Rye steady: No. l. 7Sc. Provisions
quiet. Pork, $40 10. Lard, s6 S.
NEW ORLEANs-sugar quiet but steady;
open kettle choice, SIC; fully fair to prime,
33Sc; good common TO good fair 13- 3-l6@3c:
@2 llsG sTog ssi rs eeRsrl% m
do, 3A@31ac. do seconds, 9-l6@2Ac- Mo-
lasseS nominal.
DULUTH-Wheat-No.1 hard, cash, Sic;
June, size; July, size; September, soc; No.
Northern, 79c: June 79c: July. 79Hc; Sep
tember. 7s1ac: No. Northern cash, lie: No. 8.
63c; rejected, 53c; on track, No. hard, Sic;
No. Northern, 79c.
TOLEDO-wheat dull and lower; No.
cash and june, s5Nc; July. ss14c: August,
June, Soc. Oats dull; No. cash, 35c. Rye
quiet; cash, Tic.
KANSAS CITY-Wheat lower; No.2 hard,
65@65lc: No. red. 69@7Oc. Corn lower;
Oats steady; No. 2 mixed 29c; No. 2 hiGe,
3G@30Lc.
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-06-25
No New Features at St. Louis

ST. LOUIS, June 24.-ISpectdiI - Rogers,
Brown & Meacham say: The past week has
developed no new feature in our local mar
ket Purchases for current requirements
continue on a moderate scale at previous
prices, but consumers appear Indifferent to
offers for later deliveries, arguing that they
will do better by waiting. Most OF the fur
naces are indisposed to make any conces-
sions below present prices, consequently
parties are only buying as their needs
actually require. They then want it shipped
by fast freight, and delivered ct the earliest
possible moment,
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-06-25
ClosinD Bond Ouotafions.
bid.
Bank Clearings.

NEwORLEANs-Bank clearings. 1915, OIL New
York exchange-Commercial, SOC; bank, 81 30
per 81 900 premium.
CHIoAGo-Bank olearings, $l3 03e, 900. Money
steady at 4@5 per cent. New York exchange,
25c premium.
ST. LoUIs-Bank clearfngs, So ST.; bal
ances, 1854 Money quiet at 4@6 pcr cent.
Exchange on New York, soc premium.
PHILADELPH1A-Bank clearings. $l2 229l, ,074;
balances, 81 1886. 12s. Money, 215 per cent.
BALTIMoRE-Bank clearings, 81, ,732, $40; bal
ances, $328, l62. Rate per cent.
NEW YoRK-Bank clearings, S102, ,449. OPS; bal
ances, $7,692 lSS.
BosToN-Bank clearings, $A, ,6l3; bal
ances, s., ,562 BAL Money at 2 per cent. Ex-
change on New York 1O@l216c discount.
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-06-25
One Officer Retired With Honor and An
other Under Disgrace

WASHINGTON, June 24-By direction
of the President the retirement from active
service on this date, by operation of law, of
Brigadier General John C. Kelton, Adju-
tant General of the army under the pro
visions of the act of June 80, 1882. is an
nounced- The Secretary of War, in trans
mitting the order, speaks in glowing terms
Major Lewis c. Overman, Corps of En-
gineers, q. s. A. who was recently tried
by court martial at Cleveland, O., for al
legged irregularities in his accounts has
rendered his resignation, and it has been
accepted by the President, to take effect
September 20 next.
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-06-25
The Coffee Markets.

NEW YORK, June A.-Coffee-Optfons
steady and unchanged to 10 points up; closed
firm at 5@ll5 up; sales, II, 900 bags, including
June, 1l.SOc; Juiv Il. zoe; August, IL l606ll. zoe;
Scptember, lL65@ll70c; December, 1850
lL7oc. Spot Rio dull and steady; No. Z, lsssc.
BALTIMORE, June M.-Coffee dull; Rio
cargoes fair at l613c; No. Z, l3@lSs4c
NEW ORLEANS, June 24.-Cotfee-Rio ordi-
nary to lair at 14@lI7c.
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-06-25
MORE BUYING AT CINCINNATI
Than Has Been Going on for a Great Many
Weeks Past.

CINCINNATI June 24.-TSpecidl l-Iiogers,
Brown u Co say: The buying for the uast
week has been on n larger scale than for
lnany weeks previous. The orders taken in
this market SINCE the 18th will aggregate
something over 10000 tons. This has come
largely from leading agricultural implc-
meEt makers, and has been distributed
generally through Southern coke irons,
Ohio brands aud Lake Superior charcoal.
southern coke irons, however took the
buik OF the tonnage. Deliveries in most
cases run to the end of the year. The COM
petition of the larger business was very
close, and quoted prices were shaded some
what. Some surprise is expressed that in
the .ace OF favorable underlying conditions
all along tie line, the market for pig iron
srin remains weak and unsettled While an
ad dvauce is fully expected by most furnaces
before the end Of the year, nevertheless
there is great competition Tor orders run
Ming six months ahead, and at present
prices
IL has been noted that changes in the
market usually come ut unexpected times.
On this ground there are those who tsfnk