Pittsburg dispatch. (Pittsburg [Pa.]) 1880-1923, June 23, 1889, SECOND PART, Page 13, Image 13

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    ) . ' THE PITTSBUKG- DISPATCH, . SUNDAY, JUNE 23, 1889. . ' '
'Jfc3r kit . "" I ' - r
u-
AHEWBONDOFUMION
The English Capital That is Being
Poured Into the Country
IS A SURE GUARANTEE OP PEACE.
Larje Investments Already Made and
More Are Contemplated.
CAUTIOUS AS WELL AS BKTEEPEISIXG
icoBRisrovi'r'rc" or tot nrerxTCH.!
1TEW Yor.v, June 21. Mr. Erastus
Winian, the Canadian-American financier,
and head of the commercial rating firm ot
B. G. Don & Co-. said to the -writer: "En
glish capitalist! are investing heavily iu
American industries. They have put at
least $100,000,000 in them within a year and
if they continue they will soon control many
of them." Mr. Wiman smiled as he spoke,
tut he was nevertheless in earnest, and he
confirmed it by further remarks of a like
tenor. Mr. Witnan is interested in many
of the schemes in which English capital is
concerned, and is therefore in a position to
speak with, authority. He sails on June 27
to confer with English capitalists in regard
to new investments of an important nature.
"The steady trend in the direction of the
United States of British capital is unmis
takable," says Mr. "Wiman. "Every mail
brings indications of this character, a fact
which is testified to by almost every man at
all prominently connected with business and
financial matters on the other side. There
is I "ast accumulation of money in Great
Britain which above all things in the worli
needs an interest-earning power. Years of
successful accumulations, to which all the
civilized world has been contributory in the
unceasing payment of interest, has resulted
in
A PLETHORA. OF FUNDS.
" ""While the accumulation has been steadily
increasing the opportunities for its employ
ment have been diminishing. European
national loans have hitherto absorbed large
ly, but France, Germany. Austria and
Belgium have become very rich and are
now competitors in lending money, while
investments in Russia, Turkey. Egypt and
other countries have reached the limits of
safety. Land in former days absorbed
largely and paid liberally for borrowed
money, but competition from Russia, India,
Austria and America in grain and cattle
have destroyed the profits of the English
'farmer, so that the employment of money on
interest is out of the question.
"The consequence of the foregoing is that
there is a necessity for an investment outlet
which most naturally and profitably turns
in the direction of the United States. The
spectacle here presented is of a government
reducing its indebtedness with a rapidity
unequaled in the world's historv, at the
same time possessing a surplus in its treas
ury beyond any parallel. Further, in spite
of taxation necessary to achieve such a re
sult, the country is in the highest degree
prosperous. It is true that comDetition in
railroads and industrial enterprises is a
luxury so expensive as to threaten to
ANNIHILATE THE PEOFITS,
but it is in just this condition that English
capital comes to the rescue and by co-operation
and combination, rendered possible by
large amounts of money, makes the oppor
tunity for large returns. The result of
econo'mies, abandonment of wasteful meth
ods and curtailment of production is the
possibility of profits which, to the average
English investor, are almost beyond the
dreams of avarice. The purchase of numer
ous breweries and combinations of various
industrial establishments now in process of
purchase are indications in this direction.
"Fully 50,000,000 have sought invest
ment in breweries alone within a year.
Steady streams of money pour into farm
lands in the Sonth and Southwest and into
. mortgage companies, and the .encourage
ment which has been given in England tor
the supply of all the money necessary for
the unification of the salt interests, even up
to 525,000,000, is a sign of" the growing ten
dency of money in this direction. Mr.
Blaine's statement that England is plas
tered over with trusts is literally true.
Combinations of this character are by no
means so unpopular there as here, owing to
the meagerness of the market and excessive
competition. They arc therefore quick to
take advantage of the opportunities pre
sented here for safety, profit and perma
nency of investment in industrial combina
tions. THE QUESTION AS TO "WAR
between the United States and Great Brit
ain never enters the mind of the British in
vestor, and it would be well for the United
. States as for Great Britain if by some legis
lative arrangement the relations between
Canada and the United States could be so
adjusted that pending difficulties could be
put forever out of sight and thus prevent
the possibility of conflict between tie En
glish speaking nations of the earth.
"In view ot all the foregoing it woutd not
be surprising if British money to the extent
of hundreds of millions were diverted in
this direction; and, fnrther, if a most im
portant industrial revolution regarding
combinations and competition should im
pend in this country. As to whether the
control ot great industial establishments
would of necessity pass into English hands
because of their large investments nothing
has yet transpired to indicate a decided
tendency. Hitherto purchases of breweries
on this side have mainly assumed shape in
England through English incorporated
companies.
"This transfer of property in the United
States to English corporations has been
somehow achieved without reference to the
fact that aliens cannot hold or convey real
property in various States, notably New
York. A change, however, impends in the
form of Englssh proprietorship by the
venders of property availing themselves of
the general laws in the different States.
One of the benefits of this will be that
stock of English holders can be trusted in
the hands of American representatives, who
will thus hold a perpetual proxy."
A "WELL-KNOWK PACT.
The fact that English capital is invested
in many ways in the United States is known
to other men besides Mr. "Wiman. A
wealthy merchant said: "English money
is not bnly a factor in our industries, but
also in our politics. "While I am not in a
position to furnish legal proof, and, there
fore, do not dare to have my name men
tioned, lam morally certain that England's
agents are to be found in the lobbies of our
Congress and many of the Legislatures.
These agents are not Englishmen, but
Americans paid by English gold. I could
name some of them, and if I did it would
vmake a most tremendous sensation. They
are nearly all prominent, with reputations
for patriotism. The English capitalists con
trol the new Salt Trust and some of our best
tin mines, they are interested in our rail
roads and they own large quantities of val
uable lands, and lately they have mani
fested a desire to branch out into many
other investments.
"While the Salt Trust is nominally partly
American it is really under British control,
and no one knows this better than Mr.
Wiman, who is himself a holder of the
stock. English capital is even going into
our factories and stores. Do you think that
Englishmen would invest in manufacturing
enterprises in direct competition with their
borne industries unless they had an object?
I don't. It is my firm belief that they will
shape things to the detriment of American
Industries, and will make up for their losses
by increased returns on home invest
ments." XS INTENSE PATEIOT.
This gentleman became somewhat excited
in his remarks, and thereby showed that bis
feelings were influencing his ideas to some
m extent. He is an intensely patriotic old
fashioned American, with very little love
for England. Other Americans talked with
do not share his opinions. Stephen B.
Walker, United States District Attorney
for this district, has quite a contrary im
pression. "In my opinion," said Mr. Walker, "the
English investments are made solely with a
business-like view to profit. A verv im
portant consideration in this connection is
the effect that these relations between the
mercantile classes of the two countries will
have upon their political attitude toward
each other. In spite of all the belligerent
talk at time, I am convinced that the re
lations of the two countries willalways con
tinue to be friendly. This Is a commercial
age, and no country will take a step that
will work incalculable injury to its mer
chants without serious reflection.
"In fact, it would require most outrage
ous conduct on the part of our Government
before, in my opinion, England would ap
peal toarms. You may lay it down'as a
pretty sure thing that vour grandchildrens'
grandchildren will be dead before England
and the Uuited States will indulge in war.
The English investments may be termed
hostages of peace."
"What is the spirit of our national laws
upon the subject of aliens holding property
in our country?" was asked.
ONE FEATUEE.
"The spirit of our laws," replied Mr.
Walker, "is against the holding of property
by aliens. So it is, too, against the hold
ing of such property by corporations. Both
are contrary to the spirit of democracy. But
there is no statute in our national laws
which prevents either. There is a statute
in this State and some others which forbids
the holding of real estate by foreigners, but
only the State can intervene. The State
alone can make complaint, and it never
does except in one emergency. If a foreign
holder ot our real estate dies intestate then
the real estate is forfeited to the State, and
his heirs cannot prove title. No action
could be taken under the United States
statutes to confiscate rear estate held by an
alien, nor would there be any relief if the
English investors should gain control of
any of our industries. There is no law, as a
matter of fact, which affects the holding of
petsonal property. My own opinion is that
America will always be glad to secure
English capital, and that there is no such
danger as you suggest."
Samuel Untermeyer has 'been one of the
most important agents in bringing about in
vestments of English capital in the United
States. He has been the American agent
in the sale ot the leading breweries of which
there has been so much talk, and he has had
his finger in many other pies. He is a very
shrewd lawyer and a born promoter of
schemes.
"I have secured," said Mr. Untermeyer,
"the investment of something, like 511,000,
000 of English money in America in the
past years. Part of this went into breweries
and part into tin mines iu Dakota. The
Harney tin mine, which is located in the
Black Hills of Dakota, is worked entirely
by English capital in competition with tin
mines of England. It is owned by English
men and run by Englishmen. Of the brew
eries into which
ENGLISH CAPITAIi
has been put, I can name the New York
Brewery Company, the Frank Jones Brew
ing Company, the Bartholomay Brewing
Company, which comprises all the Roches
ter breweries, the Chicago Brewing Com
pany, which consists of McEvoy's and
Wacker's breweries, and the United States
Brewing Company. The Bartholomay and
Chicago companies are organized under the
English law, are under English control,
and their stock is altogether in English
hands. The others are partly English and
partly American. The stock of most of
thesecompanies is a mixture partly of En
glish and partly of American corporations.
The English investments were secured by
getting options on the breweries and offer
ing them for sale to English capitalists.
"The Englishman is not coming over here
with a bag of money looking for some spot
.to dump it into. That isn't the sort of bus
iness man he is. He doesn't buy any grab
bigs, at least those I have met don't. The
English capitalist is always ready to invest
in an enterprise which has an established
reputation that is in itself a guarantee of
security. A big drygoods house which has
nn established reputation, like Stewart's or
Lord & Taylor, in New York; Jordon,
Marsh, in Boston; Wanamaker's, in Phila
delphia, and similar houses in the West,
would find no difficulty in securing all the
English capital it wanted. That is because
these stores are known and people flock to
them naturally. Enterprises with a large
quantity of risk: in them are not likely,how
ever, to find favor across the pond.
John Hoe.
LATE KEWS IK BRIEF.
Nicholas Foley, who murdered Mrs.Pomeroy
Clark at Elgin, Neb., was jesterdaj taken from
the deputy Sheriff, who had captured him. and
hanged to a bridge near the scene of his crime.
Testerday'sjbond offerings agcregated S430,
400, as follows: Registered 4s, $2,700 at 129 ex
interest; registered 4s, 5427,700 at lOGJjj.
All the offers were accepted, except the i,7l0
registered 4s.
The Controller of the Currency has auth
orized the First National Bmk of Sabullsburg.
Wis., and the Bloomfield National Bank of
Woomneld, N. J to begin business, each with
a capital of SoO.OOQ.
William C. Lilly, who was alleged to have
stolen a package containing 83 registered let
ters from the Chicago postofflce a few weeks
ago, was this morning found guilty of having
stolen property in his possession, knowing the
same to be stolen.
A two-story wooden house on Fifth street
place. South Boston, Mass., collapsed yesterday
morning, burying several peoplo in the ruins.
Annie Mullen, aged 10, and Thomas Flaherty,
aged 13, were taken out dead. Mrs. Hannah
Mullen, aged 32, had a leg broken, and Edward
Nolan, aged 13, was severely injured.
At Gainesville, Tex,, as Jailer Klebber and
Conslablo Auglin were passing an alley jester
day with two prisoners, John Wilson and Qus
Dobbs, Wilson threw a handful of pepper in
the jailer's eyes and attempted to escape. KleV
ber, though partly blinded by the pepper, drew
bis pistol and fired twice, 6hootlng Wilson
dead.
A very heavy storm visited central Illinois
Thursday night, and the streams are again
overflowed. The Sangamon river has snread
all over the bottom, and hundreds of acres of
farm lands are under water. Much corn is ru
ined, while many fields are covered with weeds,
the long-continued ram having prevented
plowing. Considerable damage was done by
the lightning and high wind.
Considerable anxiety is felt by the people
of Stanhope. Boonton and Dover, N. J., about
the condition of the dam at the outlet of Lake
Hopatcong. Since the heavy rains of a few
days ago experts have been examining the dam.
Lake Hopatcong is over three times as largo as
Conemaugh Lake, being nearly 10 miles long,
with an average width of three-quarters of a
mile, while in some places it has been sounded
to the depth of 150 feet. Tho water has been
raised by the dam 26 feet above its natural
level and the lake contains over 20.000,000,000
gallons of water. The dam is abont GO feet high
and about 900 feet above tide water. It is ell
built and has always been considered safe. It
is said a new dam is to be built.
The rumored indictment of the "Soo" Rail
road officials for an alleged violation of section
2 of the inter-State commerce law seems thus
far to be confined to a letter that United States
District Attorney Baxter, of Minneapolis, re-
vuivcu j.iutii .IUUUI4.9 u. wuuiej, vuainnan OI
tho Inter-State Commerce Commission. The
section referred to prohibits and discrimina
tion in making rates for one shipper over an
other. Judge Cooler's letter contained a copy
of the "Soo" rate sheet, together -with a way
bill of tho Kansas City road, which indicates
that the "Soo" took a consignment of alcohol
originating at some point not stated on the
Kansas City road, from St. Paul to New York
for fjyi cents per hundred, a cut under the
published tariff rate for that class of goods.
It was ascertained at the Pension Bureau
yesterday that the commissioner had already
reoelved telegrams from tho iTnitert States
Pension Agents at Augusta, Me.,Topcka,Kan
Detroit, Mich., Boston, Mass., and New York
City, that the funds with whlch'to pay army
pensions were exhausted and that no further
payments of pensions conld be made nntil after
Julyl. Mr. Bell, the chief ol tho acent's divi
sion, said that all ot the other 12 agents would
probably be out of money by the middle of
next week, but that the soldiers and their de
pendents would only have to wait for a few
days for their money, as it was the intention of
the Commissioner to have ample funds with
which to pay all outstanding vouchers tele
graphed to each ot the agents not later than
July 2.
BeechaM's Pills cure sick headache.
Peaks' boap, the purest and best ever made.
I AM selling a fine Havana Key West
cigar 5 for 25c WirxiAM J. Feidat,
YTTSvl 633 Smithfield street
TEMPER OF TRADE.
A Good Movement With a Rosy Pros
pect for the Coming Antnmn.
FIVE YOUNGSTERS MAKE A STRIKE.
A local Building Contractor Hauls the
Weather Clerk Over the Coals.
WHIANALLEGHENIMANCHANGEDBASE
Business last week was largely of the kind
described as "average." There was a fair
movement of the leading staples, but new
features were conspicuously scarce. All
agreed that the prospects for the fall trade
were as good as could be desired. Stocks
and oil were in the rut all week, but both
were remarkably well sustained under the
circumstances. Sales of stocks on call and
otherwise were 5,812 shares. Coke was better
and iron firmer.
Business in mortgages was lighter than usual,
the number recorded being 1S6, of a value of
S291.606. The largest was for $18,000, A num
ber were placed but not settled. Of these one
was S2S,U00. Ileal estate began to pick up on
Monday and was active all week. The transac
tions so far as obtainable havo been reported
from day to day in this department of The
Dispatch. The number of deeds filed for
record was 229, representing 8370,837.
Said a prominent merchant of whom I re
quested an opinion: "With the assurance of
good crops, and with stocks of all the leading
commodities very low or completely exhausted,
the fall trade cannot be otherwise than active.
In fact, the conditions favor a boom."
Building operations fell off somewhat last
week in consequence of bad weather. The
number of permits issued was S3, all for small
and medium-sized honsesthe estimated value
of which is $95,455. The largest permit was
taken out by Casper Balstensperger for eight
brick two-story buildings on Ann street. Tenth
ward. The next largest was taken out by Mar
garet Wilkinson for four brick two-story houses
on Main street. Seventeenth ward.
A contractor vented his feelings thus: "The
beastly weather ot the past two or three weeks
has almost knocked me out I have a number
of houses under contract to be finished by Sep
tember L but haven't been able to do a thing
on them. Other contractors are in the same
predicament If the rain doesn't let up pretty
soon we will have to throw up the sponge."
I overheard the following conversation on
Fifth avenue yesterday. It was between two
friends, who had not net for some time:
Mr. A "Where are yon living, JohnT I heard
you had moved from Allegheny.
Mr. B My home is near the mute school at
Edgewood. I left Allegheny several months
ago.
Mr. A 'What Induced you to move to Edge
wood? Mr. B. I bought an acre lot there last fall on
easy terms, and soon sold enough of it to-almost
pay for the lot and house I occupy. It was
the best speculation of my life. The place is
delightful, and is fast filling up Kith good peo
ple. Mr. A Well, you were lucky, or sensible.
Are there any more such chances out there T
Mr. B. Plenty of them; not only there, but
all around the city.
Abont 18 months ago five young people,
among them being a lady, having $10,000 be
tween them, and who were personal friends of
Messrs. Black 4 Balrd, made application to
that firm to invest their money in real estate.
The trust was assumed, and the investment
made in vacant land at Roup station. It turned
out better than expected, the profit to date be
ing almost 100 per cent- This was considered
good enough, and the youngsters ordered the
transaction to be closed up, which was being
done yesterday.
The fortunate speculators have so good an
opinion of real estate that they propose to re
Invest in It through the same firm. They will
probably choose the Squirrel Hill district for
their second venture.
In the course of a talk yesterday, a gentle
man who handles a great deal of real estate
said:
"For several days the demand for business
houses has been unusually large. Some want
to purchase and others to rent When so many
of the saloons were shut up by the decision of
Judge White, I thought that business property
would be a drng on the market But such is
not the case. Many of the buildings thus va
cated were suitable for other business, were in
good neighborhoods and were soon rented. A
few good ones are still empty, but I look for all
of them to be occupied before the summer is
over."
The demand for this description of property
is an encouraging indication of a revival of
business and of confidence in the future.
The following item appears in the Scotch'
supplement of the Timber Trades Journal:
"The standing wood on St Arnold's Hill, Glen
Ogil, Kirriemuir, the property of Mr. Stephen
Williamson, 31. PM has been sold to Mr. Henry
Young, wood merchant. The trees, numbering
8,680. in three lots, consist of full-grown larch
of excellent quality, upward of 70 years old.
The exact price has not transpired, but it is re
ported to be a little under 2.000." Here is
nearly $10,000 for 70 years' growth of a timber
not valuable for lumber. Growing trees for
profit is an industry that ought to thrive in
Western Pennsylvania.
A need of better facilities for the handling
of supplies and products in large manufactur
ing establishments has led to the adoption in
New York of tramway cars propelled by elec
tric motors. Agieaterpart of the large mills
being supplied with electric light systems
renders this an easy matter, and it is safe to
predict that before long the electric tramway
will come to be considered a necessary feature
In mill equipment
t
The Southern lumberman of June 15 con
tains a portrait of Dr. Charles L. Goehring, of
this city, and a sketch of his geometrical wood
carving machine, which was noticed at length
in The Dispatch some months ago.
BDLLISH YIEWS.
The Friends of Favorite Stocks Discern a
Uoj Future.
Captain Barbour labored hard and earnestly
to excite at least a show of interest in stocks
yesterday, but the effort was in vain, SO shares
of Electric at 50 being the only transaction.
There was a scramble for bank, bridge and
railroad stocks, bnt the only result of it was
the placing of along array of figures on the
board. Bids and offers were far apart in most
ases, and as there were no imperative orders
no attempt was made to bridge the chasm, and
the result was one of the tamest markets of a
very tame week. There was no change in
prices worth mentioning.
Gossip was generally bullish. Electric, it was
held by some, would soon emerge from under
the dona tnai nas nosoarea it ior some time,
and, like truth, rise again. Its firmness under
peculiarly depressing circumstances wnspolnted
to as evidence of inherent strength. Fiiendsof
thoas stocks were also sanguine of an im
provement, as a result of larger earning and
smaller expenditures, when the reforms in
management projected and in contemplation
shall have been perfected.
The weakness of the tractions was attributed
to several causes. The fixed charges were said
to be heavy, absorbing nearly all the earnings
and leaving very little for dividends. It was
stated, however, as an offset to this, that traffic
was increasing at a rate that would soon lift
the earnings far above expenses and make the
stock one of the most valuable on the list The
firmness with which it is held, and tho indispo
sition to part w lth it at the enrrent quotations,
faiorcondencein this view. Bids and offers
were:
BANK STOCKS.
JHd. Asked
Arsenal 65 ....
Allegheny National Bank 62 ....
Bankof Pittsburg.- 74
Citizens' National Bank 60 ....
City Savings .'. 60 ....
Diamond .National Bank 160 ....
Duquesne National Bank. 145
Kxchanjre National Bank SI
Farmers' Deposit National Bank 400 ....
Kirst National Hank, Pittsburg 170
Kourth.Natlousll.ank IU 130
Kittti Avenue .....39 ....
Freehold liank S3
German National Bank 220 ....
Germanla havings Bank 750 ....
Iron City National Bank 91
Keystone Bank or Pittsburg. 60J
Masonic Bank ...v 59 ....
Mechanics' National Bank 105 ....
119 and Manufacturers' Nat. Bank... 60 ...j
PITTSBUKQ- DISPATCH,.
Metropolitan National Bank 00 "
Odd lellows' Savings Bank .65 70
nttsDurrJational Bank Commerce...!
Pittsburg Banc forSavlngs 210
1'eople'sTfatlonal Bank 1"0
Third National Bank 1G0
Tradesmen's National Bank 225
DnfonNatlonal Bank 300
Mononcancla Bank 105 ....
Enterprise Savings, Allegheny 50 ....
German National Bank,AlleKheny.....l4
Second National Dank, Allegheny ISO
Third National Bank, Allegheny. 134
Worklngmans Savings, Allegheny.... 5 ....
IKSUKAJtCE STOCKS.
Bid. Asked.
Allegheny Insurance Co .... S3
Boatman's 27 ....
City ..... fS
Citizens 3j 40
German 5v .
Monongahela 33
Peoples i j
Western Insurance Co
GAS STOCKS.
Bid. Asked.
37
SB
...... .... -Vs
Allegheny Gas Co. (Ilium.)
Pittsburg Uas Co. (Ilium.)
boutbslde Gas Co. (Ilium.)
NATOIUA OAS STOCKS.
Bid. Asked,
Bridgcwatcr 51M 65
Cb&rtlcrs Valley Gas Co 49
Natural Gas Co. or W.Va Sl ....
Ohio Valley. J5
Peoples Natural Gas Co SO
Peoples Nat. Gas and Pipeage Co 17 ....
Pennsylvania Gas Co 14 15s
Philadelphia Co S6H XJ
Pine l'.un. 90
Westmoreland and Cambria 23)j 3d
Wheeling lias Co 29 30
FASSKSOEB BAILWAT STOCKS.
Bid. Asked.
Central Traction SIX iS-M
Citizens' Traction 69 69
Pittsburg and Birmingham 100 -..
Pittsburg Traction BIH 52
Pleasant Valley 195
Pittsburg, Allegheny and Manchester.230 250
BAU.BOAD STOCKS.
Bid. Asked.
Allegheny Valley 2 -
Plttsburgand ConnellsvJIIc -5
Pittsburg Junction K. K. Co 27 "SO
PlUs., McK. & Yough. it. if. Co 56
Pitts., Cin. &bt. lonls 19
Pitts., Va. Jfc Charleston B. It Co S3
Pitts. S. Western It K, Co IS 13
Pitts. & Western B. It Co. pref. 20 '&X
BRIDGE STOCKS.
Bid. Asked,
Ewalt(d street) 53
NorthsldeBrldgo Co 53 ....
Monongahela 20 ....
MIKISG STOCKS.
Bid. Asked.
La Norla Mining Co 1,H IX
SUverton Alining Co 1
Yankee Girl Mining Co 1 ....
ELECTEIC LIGHT STOCKS.
Bid. Asked.
Westlughouse 50)4 50X
MISCELLANEOUS STOCKS.
Bid. Asked.
Union Switch and Signal Co 23? 23g
V estlnghouse Air Brake Co 115 117H
"Westlnghonse Brake Co.. Lim 64 70
The total sales of stocks at New York yes
terday were 72,415 shares, including: Atchison,
7,200; Delaware, Lackawanna and Western,
8,600: North-western. 3,000; Northern Pacific
preferred, 1,230; Oregon Transcontinental. 1,105;
Reading, 5,100; St Paul, 8,700; Union Pacific,
1,000.
A GOOD KEC0ED.
Bank Clenrinca Last Week Abend of Cor-
responding Time Last Year.
The local money market was reported in
good condition yesterday, with a larger vol
ume of discounts than for some time, and the
routine departments well up. There was no
scarcity of money to supply all demands, but
if present expectations be realized, the surplus
will not be burdensome by the time the fall
trade sets in. In the meantime rates are
steady, with a disposition to brace up.
The bank clearings were not quite up to the
Satnrday level, but they were large enough to
indicate a free movement in general trade, and
show a gain of nearly 400.000 over the corre
spanding week of last year, when there was no
special cause for depression, as now, and when
the weather was more propltions. The figures
for the day, week and year are instructive to
all classes who pay attention to such things,
and are appended:
Exchanges ? 1,833,435 18
Balances 295,OT3 06
Exchanges for the week 11,369,27a 16
Balances lor the neck 1,63j,7iO 30
Exchanges, dally average 1,894 87919
Ex changes week of 188S 11,017,93212
Balances week of 18b3 1,432,723 19
Exchanges last week 11,973.537 18
Balances last week 2.463,120 00
Total exchanges, 1839 303, 8St 668 75
lolil exchanges. lfcSS 272.679 963 20
Gain 1889 over 183S to dat 31,134,705 55
Money on call at New York yesterday was
easy, with no loans: closed offered at 2K per
cent Prime mercantile paper; S5K. Ster
ling exchange dull but steady at S4 87 for 60
day bills, and 4 i$i for demand.
The weekly statement of the New York
banks, issued yesterday, shows the following
changes: Reserve, decrease, $1,382,725, loans,
increase, 615,000; specie, decrease, $1,153,200;
legal tenders, decrease, $343,900; deposits, de
crease, $455,100; circulation, decrease, $23,500.
The banks now hold $9,220,600 in excess of the
25 per cent rule.
Government Bonds.
Government bonds were dull and steady,
closing as follows:
IT. 8.new4Msrcg...l065
O. S. cur. h'ds, '96i.l21
U. S. cur. b'ds, '97S.124
If. S. cur. h'ds, '9Ss.ia
U. b. cur. b'ds, 'Ws.130
u. a. newjjj coup.ivoH
U. 8. new 4i reg 12H
U.S. new 4s coup. ...129)s
U. S. cur. b'ds, 'KSs IIS
New York Clearings, $13271,626; balances,
$7,706,430. Fortbe week-Clearings, $728,762,836;
balances, $36,76.2,503.
Boston Clearings, $15,881,357; balances,
81.815,316. For the week Clearings, $97,
708,612: balances, $11,631,485. For the corre
sponding week last year Clearings, $70,823,485;
balances, $7,(61,042.
Philadelphia Clearings, $13,812,455;
balances. S1,4S6,1C9. For the -neek Clearings,
$77,558,285; balances, 510,491,311.
BALTIMOBE-Clearings, $2.159,59S: balances,
S346.829. 1 '
CHICAGO Money firm and unchanged. Bank
clearings, $10,002,000.
St. Louis Clearings, $3,703,694; balances,
A FAMILIAR STOEI.
Petroleum Still Lingering Among the Low
ElUtic-Tlie Outlook.
The oil market yesterday was stagnant and
disappointing to many, who bad predicted a
break of some kind. The opening was S3c the
highest 83c. and the lowest and closing 63c,
showing a fluctuation of only a for the day.
Thiswas too narrow for the scalpers, and the
professionals did very little. There was no out-
siae interest.
Tho Indications at the close were for a con
tinuance of the present Condition until Jnly 1,
when something will be done with the produc
ers' reserve, after which, accoidlng to one au
thority, there will be a radical slump, followed
by a reaction early in the fall. But the adop
tion of the system of trading in futures, which
now seems assured, may change all this,
A. B. McGrew & Co., quote: Puts, 83Kc;
calls, S3&
New York, June 22. The volume of trading
in petroleum continues insignificant, and tho
fluctuations are extremely narrow. Tho mar
ket opened steady at 83c, became dull, as
usual, and closed dull at 83c Consolidated
Exchange: Opening, E3c; highest 83c; low
est, 83c: closed, 83Kc Stock Exchange:
Opening, 81c; highest, 8icj lowest, 83c; closed,
mi
Features of the Market.
Corrected daily by John M. OaKiey A Co., 45
Sixth street, members of the Pittsburg Petro
leum Exchange. "
Opened 8.- I Lowest B3H
Highest 837a Loosed sl
Barrels.
Average runs , 51,080
Average shipments 73,105
Average cnaners ou,ooo
Kenned, New York, 6.90c.
Henne., London, 5Kd.
Beflned, Antwerp, Wit.
Beflned, Liverpool, S5-16d.
Carrying, New York, flat: Oil City, flat: Brad
ford, flat; Pittsburg, 25c premium.
Other Oil Markets.
Oil. Citt, June 22. National transit cer
tificates opened at83Jc; highest, S3c; lowest,
83c;cloiedat83c.
Bradford, June 22. National transit cer
tificates opened at 83Kc; highest 83Jc: lowest
83c; closed at 83c. Clearances, 52,000 barrels.
TrrusvrLLE, June 22. National transit cer
tificates opened at 64c; highest, 83c; lowest,
83JSc; closed, eC;
THE LAND WJ3 LOVE
Continues to Change Ownership nt a Rapid
Unto Luteal Deals.
Alfes & Bailey, No. 161 Fourth avenue, sold
to W. H. Wilson, for James Hunter, the prop
erty situated on Huron avenue at the intersec
tion of Wylle avenue, lot bOxSOO, and frame
dwelling of 6 rooms, for $3,100 .cash.
Black & Balrd, No. 95 Fourth avenue, sold for
"W. H. H. Piper, guardian for Sarah Lloyd, a
lot 29x55 fcot, with three small brick houses
thereon, situate on Scott alley, near Penn ave
nue, for $6,500. This ii a remarkably good
price, considering the location and size of the
lot
fieed R Coyle &. Co., 131 Fourth avenue, sold
lot No. C6 in Marion place plan, for $250 cash
They also placed a mortgage of $3,600 at 6 per
cent on property in WllKinsburp.
Samuel "W. Black Co., 99 Fourth avenue,
SUNDAY, JUNE 23,
sold to William Brey, lor.SSOO, lot 25x120 feet
being No. 10 in block No. 1, Danny plan,
Twenty-eighth street. Thirteenth Vard.
George 8. Martin, 503 Liberty street, sold in
the Maplewood Park plan, Wilkinsburg, lots
Nos. 99 and 100. having a frontage of 80 feet on
Maplewood aVcnue, by 120 feet to Fahnestock
lane, for $1,000. to Martin Klohe; also lots Nos.
168 and 169, fronting 80 feet on Mill street by
204 feet to Fahnestock lane, for $990 cash, to
Sarah Skelly.
John F. Baxter, 512 Smithfield street sold lot
No. 256, Bank of Commerce Addition, Brushton
station, frontace of 40 feet on Bennett street
by 139 to a 20-foot allev. to J. B. Greer for $800.
J. R. Cooper it Co.. 107 Fourth avenue, sold
for Mrs. Louise Jones to J. E. Williams one
lot In the Thirteenth ward for $2,800 cash, and
placed a mortgage on Eighth ward property fox
$2,000 at 6 per cent
A SLIGHT SHRINKAGE.
Building Operations Hampered by the Ef
forts of Japlter Pluvias.
Thirty-two building permits were Issued last
week against 40 the week before. All were for
small and medium-sized houses. Rainy
weather must be held responsible for the drop.
The following is the list:
W. J. Carson, one brick two-story, 16x30 feet
on Thirty-third street Thirteenth ward.
Jane Laughlin. one frame one-story, 16x18
feet on Howards' lane, Fourteenth ward.
George Gejer, one frame two-story addition',
10x14 feet on Jane street between Twenty
eighth and Twenty-ninth streets. Twenty-fourth
ward.
Patrick McMlIlln. one frame one-story addi
tion, 10x12 feet on Brownsville avenue, be
tween Williams and Roanoke streets. Thirtieth
ward.
John Crone, one frame two-story addition,
12x19 feet, on Brownsville avenue, between
Williams and Roanoke streets, Thirtieth w ard.
Peter Laraneck, one frame two-story, 22x30
feet on Kramer way, near Boggs avenue,
Thirty-second ward.
' Michael Gleeson, one frame two-story, 16x30
feet, on Williams street Thirtieth ward.
T. C. Lazear, two brick two-story, 32x44 feet,
on Alder street between Hiland avenue and
Spahr street Twentieth ward.
George Wolfram, one frame two-story, 18x34
feet, on Albert street near Boges avenue,
Ihirty second ward.
William Lenz, two brick two-story, 22 feet
6 inches by T2 feet 4 inches, on Meyran avenue,
near Louise street. Fourteenth ward.
John Lowery, two brick two-story and man
sard, 40x50 feet on Cable place, Fourteenth
ward.
William Lowery, one frame two-story, 16x18
feet on Yew street near Edmond street, Six
teenth ward.
W.T. Wood, one brick three-story,2Gx20 feet
on Meyran, near Forbes avenue, Fourteenth
ward,
Fred Frefflnger, one frame two-story. 22x16
feet on Braddock avenue, Twenty-second
ward.
Mrs. Barbara Jacob, two brick two-story, 20x
46 feet on 6425 Anrellia street Eighteenth
ward.
Annie Smith, one brick two-story, 17x52 feet
on Fisk street near Geneva,Seventeenth ward.
J. H. Nobbs, one brick two-story, 17x52 feet,
on Fisk street near Geneva,Seventeenth ward
A. M. Murphy, one brick two-story, I9x52
feet, on Fisk street, near Geneva.
J. H. Nobbs, one brick two-story and man
sard, 19x52 feet on Fisk street near Geneva, .
Margaret Wilkinson, four brick two-story, 18
x52 feet each, on Mam street.near Butler street,
Seventeenth ward.
Pittsburg and Buffalo Railroad Company.one
frame one-story shop. 18x30 feet, on South
Thirtieth street, Twenty-fourth ward.
Annie Davis, one frame second story addi
tion, 16x16 feet on Walhers' alley, between
Carson and river, Twenty-fourth ward.
Matthew Rogan, one frame one-story addi
tion, 14x14 feet ou Tioga street Twenty-first
ward.
Phillip RIeman, one frame two-story, 16x32
feet, on Wabash avenue. Thirty-sixth ward.
Mrs. Anna Steinert one brick four-story, ISx
103 feet on Sweeny alley, near Enoch street
Thirteenth ward.
Casper Balstensperger, eight brick two-story,
14x30 feet each, on Arch street Tenth ward.
E. Cox, one frame two-story, 16x32 feet, on
Mohawk street Fourteenth ward.
Miss Nellie Card, one brick two-story, 40x40
feet on DIthridge street, between Fifth ave
nue and Center avenue, Fourteenth ward.
John Lowery, one brick two-story, 22x59 feet
on Fifth avenue, near Hallet streetFourteenth
ward.
Samuel McGlumphy, one frame two-story, 17
x32 feet, on Wickcllff street between Fifty
second and Fifty-third, Eighteenth ward.
Wm. Waller, one frame two story, 21x14 feet,
on Mohawk street Fourteenth ward.
M. C. Kan, six nrick two story, 100x43 feet, on
Forty-eighth street, corner of Hatfield street,
Seventeenth ward.
Business Notes.
The national bank depositories now hold
$42,270,977 ot Government deposit.
Henry M. Long sold yesterday 11 shares ot
Tuna Oil Companyat 60. This is the first move
ment in this stock for some time.
The Westlnghouse Air-brake Company's
books are closed for the regular quarterly divi
dend, and the usual percentage is looked for.
The Committee of Arrangements of the
New York Exchange is maturing a plan which
will, it is said, when completed revolutionize
the ticker service.
Extensive iron and steel works are to be
erected at Vallejo, Cal. It is stated that $10,
000,000 have been subscribed for this purpose
by a syndicate of English capitalists.
The new Executive Committee of the Dollar
Savings Bank is composed of the following
gentlemen: Thomas H. Lane, William Speer,
C. A. Dravo. The Auditing Committee con
sists of James W. Brown and Edwin Bindley.
At the last meeting a semiannual dividend of
2 per cent was declared.
During the last 15 years the postal revenues
of the Goverment have just about doubIed,or in
one-half the time in which population has
doubled. For the current fiscal year they are
estimated at $55,000; in 1885, when tho popula
tion of the United Sta'es was 56,900,C00 the
postal revenues were S42,5W,C0O. Now the pop
ulation is estimated at 62,900,000.
The Michigan Senate has passed the bill
regulating passenger fares on radraads at the
rate of 2 cents per mile where the gross passen
ger earnings of the road are $3,000 a mile or
over, 2 cents where the earnings are between
$2,000 and $3,000 a mile, and 3 cents for roads
whero annual earnings are less than $2,000 a
mile. The railroads in the upper peninsula are
permitted to charge 5 cents a mile.
PACTIONAL ADVANCES
Scored by tho Leading Stocks In Splto of a
Light Demand and Bearish In
flnence" -r Railroad Bonds
Qnlct and Firm.
New YoBK,Juno 22. The stock market to
day was again dull and uninteresting except
for two or three stocks, and while there was
great Indisposition to trade the market ex
hibited a strong tone throughout and most of
the leading snares show fractional advances
this evening. The opening was fairly steady,
but Atchison was per cent higher than last
ovening. There was some buying orders from
London in tho market and commission houses
did the remainder, and while the bears were
talking lower figures there was little done
against tho list New England and St Paul
were the only stocks in the regular list show
ing any animation and moved up a fraction in
the first hour, uhilo the rest were simply stag
nant, although a firm tone marked tho limited
dealings.
The trnsts were specially active, however,
but none of them showed any movement but
sugar, which rose over 1 per cent during tho
lirt hour and afterward shot up to Ub a rise
of i per cent from last night's figures. Lack
awanna became conspicnous for activity to
ward the close, but Us movements were mado
within the narrowest limits, while Wabash pre
ferred became strong, though it gained only a
small fraction. Cotton Oil weakened toward tne
close, but the rest of the list were entirely de
void of feature and tho market finally closed
quiet, though firm generally at the best figures
of the session. The final changes are quite Ir
regular and in tho regular list for small frac
tions only.
Railroad bonds were qnlot and generally
nrm, out wituout any special icature. xue
sales reached 676,000 for all issues, of which the
CUesapeake and Ohio contributed $106,000.
Denver and South Park rose 2 to 23. The sales
of bonds for the week aggregated $9,100,000,
against $9,877,000 for last week.
The following table snows tne prices of active
stocks on the New York Stock Exchange.
Corrected flail for The Dispatch by Whit
ney & Stephenson, members of iNew York
BtocK jxcuangc, o r ourtn avenue:
Open- High- liow
lur. csu est
Am. Cottort Oil 5S$
Atcn., lop. X b. V.... 4S K 46
Canadian Pacific
Canada Southern
Central ofNew.ierier.ll2M 112!4 112M
nos
lnc-
Jlltls-
as
50
54
112
34U
20H
102
71
HIM
II
?3
1C9X
inirai raeinc
Chesapeake A Ohio ... 20
U., Bur.&Ouii.cr.....i02
20
20
101
71X
C, alii. St, St. Paul..., 7ift
C, aiu.A St. P., pr.
C, Koctl. Jfcl' KH
C, St L. & Pitts
C, St L. 4 Pitts, pf.
(i. St.P..M.&0
C, bt.F..M.&0.. pr. ....
C & Northwestern.... I093f
C& Northwestern, pf. ....
C C C 1 '-'i
Col. Coal A lroi 29
Col. & Hocking Yal
Del., L. &V. 148
Del. Hudson
Denver illloG ....
Denver & Bio G.. nr.
E.T., Va.AOa
E.TVa, AGs lit pf.. ....
t)67i SOU
BOX kOM
"i
UH ;vi
30 28$ 2'J
U
MH W'A 147)4
1(75,
17
4SK
fl&
, .., va
Illinois Central U4
Lko Erie ft Western 18X
Lake Erie & West pr,. 8H4 BO'A G0i eo'A
Lake Shore &. At S HbH IKJTj Va'A 1?
LoulsvllleA Nashville. ;oj 70 7094 7034
Michigan Central S9s
Mobile Ohio 12J4
alo., b.. ftTexas I1,,
Missouri Pacific 74k 744 74M 4K
N. V.. L. E. & W 27JJ W
N.Y.. L. E.4W., pref 6S J'
N. .. C. &StL.... I7tf 17 17K "X
N, X.. C. & St L. nr. Jj
N.Y.. C. 4St.L.2dnf W4
N.T4N. E HH 62 BIX 618
N.Y.. O. AW i;a 17 17X 17
Norfolk a; Western '?
Norfolk Western, pf CITS
Northern Pacific 28i 28 28)4 S"5"
Nortnern Pacific nref. 67U ei'4 67 67)4
Ohio & Mississippi ,23
Oregon ImproTemcut &!
Pacific Mall 34 33 UH 34k
Peo. lee. Evans 21)4
Phlladet. &. Heading.. 4S! 43H 4S 48)4
Pullman Palace Car.. .186 ISO 186 18-i
Richmond & W. P. T.. 2394 4 23J4 2SI4
Kichmond & W.P.T.pf 84 84 84 84
St. Paul & Dulnth
St Paul & Dulnth pr. 85
St r., Minn. iUn 102
Sti.&SanFran 2854 2W4 M? 2SM
St. L. & San Pran pf.. 2U 60 M M
St. L.. A San P.lst pf. 112)4
Texas Pacific 21J4
UnlonPacinc 61K Cl)4 Sl'4 61M
Wabasn..... 151 16 KH 16
Wabash preferred ZH 30 24 23M
Western Onion S6J4 S6)4 W4 S6)4
Wheeling A L. E 69)4
Sugar Trust 114 US
National Lead Trust. 3U) 2SWS
Chicago Gas Trnst SSK S9M Ss)4 Wi
Philadelphia Stocks.
Bid. Asked.
Pennsylvania Kallroad. 51K ....
Reading Railroad 24 1-1S
Lehlarh Valley -. 638
Lehigh Navigation MX .
U. Co. 'sNew Jersey 2324 ....
Boston
Atch.AToc..lst7s. 117S
Atch.LandGrant "S1074
Atch.i1op.it It.. 4694
Boston A Albany.. .212
Boston A Maine 200
C. 11. AU 102)4
Clun. San. A Cleve. 24)
Eastern R. if. S3
Eastern R. K. 6s ....125
Little R. & Ft. S. 7.106)4
Mexican 'en. com.. 16)
Mex.C 1st mtg. bds. eSH
N. Y. ANewEne... 6I9
N.Y. &N.E. 7s... .123)4
Old Colony 175
Stocks.
Rutland, com
U Is. Central, com,
Wis. Central pt,
A
22H
6
MlouezMgCo(new)
. 85
lainmes x uecia...
Catalna
tranklln
Huron
Osceola.
fewablo (new)....
Uaincy
Bell Telephone
Boston Land
Water Power
Tamarack
209
12)4
8)4
, 1H
:S
51
.243)4
6
. eC
103)4
MAEKETS BY TOE.
A Quiet Day In Wheat, With a Slight Break
Iu Fricci Corn Boomed by the
Weather Imrd Makes
a Spurr.
Chicago Early in the session to-day a good
business was transacted in wheat but during
the most of the , time interest was lacking, and
an unusually quiet day was passed. A promi
nent local trader was ostensibly buying, at the
same time there was good selling by prominent
commission houses. July opened JiK higher,
bnt the advance was not sustained. Bather
free selling caused gradual easing np of prices,
and a decline of c was established.
The early firmness was due to the strong
tenor of cable advices, and the improved
weather in the Southwest bad a tendency to
create weakness and the subsequent decline.
Fluctuations were slight, and operators mani
fested but little interest in the market The
volume of specnlation was quite liberal dnring
the first two hours, but toward the latter part
of the session trading decreased perceptibly
and dullness prevailed.
The weather, although clearer thronghont
the corn belt was regarded as too cool to cause
the crop to grow rapidly, and, as cables were
firmer and shipping demand1 good, a flrmerf eel
lngprevalled,butprices only fluctuated. The
opening was" firmer and HHc better tor July
and steady on the longer futures. There was
fair selling on the appreciation, and. as buyers
did not take hold with a vim, slight recessions
were recorded, but closing sales showed a frac
tional gam over yesterday's last transactions.
Oats were quiet and steady and without in
teresting features.
In mess pork trading was only fairly active
and prices ruled irregular within a small range.
Early sales were made at 23C advance, but
the market soon weakened and prices receded
l012c. Toward tho closo more steadiness pre
vailed and prices rallied again and closed
steady.
A decidedly stronger feeling prevailed in
lard. While the advance in prices was small,
there was less pressure to sell and the demand
was fairly active. Prices were advanced 2
5c and the market closed steady.
A moderate trade was reported in short-rib
sides. Prices ruled rather firm attheadvace
gained yesterday.
The leading futures ranged as follows:
Wheat No. 2 Jnly. 7Si7oK77K77e;
Angust, 7o7S!i757o)ic; September, 7 M
f757o7dc; December, 77JT7JC6!77
77C
Corn No. 2 July. 3435K3435c;
August 353533iS3c; September, 35J4
35K353.c. '
Oats No. 2 J
gust, 2222c
Mess Pore, per bbl.-July, $11 7011 75
11 tll 72: August Sll 7511 feOigll 72X
11 SO; feeptemuer, Sll 9011 9511 82XQ11 87k.
Lard, per 100 Bs. July. $6 558 5o
6 oogO 55; August, S6 6J6 62Io 50
C 02K: September, 56 7C6 726 700 70.
&UORT Ribs, per 1U0 lb!. July, Jo82K5 85
5 82i:5 8o: August 85 90(fi5 92go 90
5 92,September, 6 00 005 97K06 00.
Cash quotations were as follows: Flour firm
and unchanged. No. 2 spring wheat, 79c;
No. 8 spring wheat, 7077c: No. 2 red, 79c. No.
2 corn. 85c. Ao. 2oats,22'4c. No. 2 rye, 40Uc
No.2 barley, nominal. No. 1 flaxseed, $1 50.
Prime timothy seed, ?1 3C1 S3. Mess pork, per
barrel, $11 7011 75. Lard, per 100 pounds,S6 52.
Short ribs sides (loose), E5S05 8a Dry salted
shoulders (boxed). So 25. Short clear sides
(boxed), SG 12Kb 2& Sugars cut loaf, un
changed. Receipts Flour.10,000 barrels; wheat
15,000 bushels: com, 120000 bushels: oats.
117,000 bushels; rye, 2,000 bushels; barley, 2,000
bushels. Shipments FIonr,19,000harrels:wheat
39,000 busnels: com. 605,000 bushels; oats, 44,000
bushels; rye, 41,000 bushels; barley. 6.000 bushels.
On the Produce Exchange to-day the butter
market was firm and unchanged. Eggs firm
atl2Kc.
LITE STOCK MARKETS.
Condition of the Market nt the East Liberty
btock Yard.
OFFICE PITTSBURG DISPATCH. J
East Liberty, June 22, 18S9. (
CATTLE Receipts. CbO head; shipment, 520
head; market, nothing doing; all through con
signments; no cattle shipped to New York to
day. Hogs Receipts. 1,000 head; shipments, 800
bead; market firm: all grades 4 S0 60;
no hogs shipped to Now York to-day.
Sheep Receipt'. 400 head; shipments, 800
head: market nothing doing here.
6. F. O. E. NOTES.
Brother Garvey, of Lima Lodge, was in
tho city last week.
The Finance Committee on the reunion met
on last Thursday evening.
Brother Tom Gazolle is out again, and
we hope be will not be laid up again.
Brother James Moore, of Pittsburg
Lodge, arrived in Liverpool last Wednesday.
Brother Frank McDonald leaves to
night for New York and sails on Thursday for
Europe.
Brother McIlwaine was in New Castle
last week and was treated royally by the mem
bers of that lodge.
Brother Mcinttre, of Pittsburg Lodge,
did some noble -work at Johnstown with tho
Pittsburg firemen. '
Brother Kelly, of Boston Lodge, Brown,
of Indianapolis, and Fessenden. of Paterson,
were in the city last week.
Brother Handback, of New Castle Lodge
No. C9, who moved to Allegheny recently,
buried one of bis children last week.
Brother C. B. Powers, tho ex-Leagne in
pire; J. O. Sutherland. J. L. Holloway, J. O.
McCready and W. J. Harlan, of New Castle
Lodge, spent a few days in the city last week
attending the ball games. They spoke very
highly of the coming reunion. New Castle
Lodge will be here in full force.
Brother Baker, who was formerly a mem
ber of Pittsburg Lodge but now a member of
Dayton Lodge was in the city a few days last
week. He attended a, special meeting on last
Thursday ovenlneand said Dayton would turn
out a large delegation lor the reunion. Brother
Baker will spend tho fall here attending the
Exposition.
Over 200 varieties of Imported Key "West
and Domestic Cigars from 2 to $40 per 100.
G. "W. Schmidt,
Nos. 95 and 97 Filth ave.
When baby was sick, wo gave her Castorla,
When she was a Child, slice led for Castorla,
When she became Miss, she clung to Castorla,
When she bad Children,she gaje thorn Cast oria
ap9-77.jnrrsu
SEOEET SOCIETIES.
I. O. G. T.
Tarentum Lodge No. 121. L O. Q.T.,on
June 12 and 13, held a festival, the net proceeds
$71 being for the benefit of the Johnstown
sufferers.
Danzlitcrso! UcbeUnb.
The ladles of Alice Carey Lodge, No. 120,
Laura Vane Lodce. No. 138. Ida May and Ade
laide Nicholson Lodges D. of K.. have secured
Mendel's Hall, 102 and 104 Ohio street, com
mencing next Tuesday at 9 A. it. for the pur
pose of making clothes, bedding, under clothes
and all necessary articles for housekeeping for
the relief of their I. O. O. F. members at
Johnstown.
Royal Arcnnnm.
The boat excursion to Economy of Everett
Conncil.Royal Arcanum, which will take place
next Wednesday, promises to be one of the
most enjoyable of the secret society events of
the season. The excursionists will leave tor
Economy from the foot of Wood street on tho
steamer Mayflower at 2 p. 11., and return to the
wharl at 111-, jr. The feature' of the day will
be a tour among the quaint Economites. an
excellent supper on board the boat and some
fine music by Stelzner's Orchestra.
Order of United Friends.
At a meeting held the other evening at
August P. Mueller's.cornerFortj-second street
and Penn avenue, ladies and gentlemen banded
their names in for the purpose of organizing a
new Council of the Order of United Friends.
Any person desinug to become a charter
member will please hand bis name to Grand
Deputy Organizer August F. Mueller. Forty
second and Penn avenue, or B. F. Leech, 4915
Dearborn street
Jr O. V. A. M.
South Side Council No. 133, win hold ita
third annual picnic at Linden Grove, on the
Castle bhannon Railroad, , July 4. Dancing
from 11 A. 11. to 11 F. M.
Garfield Council No. 0 will give their sixth
annual basket picnic at Hulton Grove, Alle
gheny Valley Railroad, on Saturday, July 13.
The Committee of Arrangements is composed
of the following members: John M. Prescott,
Jr., Hugh Wilson, J. Reed. W. J. Thomas. J.
M. Gould, J. Pressler, F. V. Humes.
C. 31. B. A.
The committee on holding a reunion will
meet this evening at 720 at 4211 Penn avenue.
Grand President J. B. Fox instituted
Branch No. 61 at Ridgeway, Elk county, last
week.
On next Thursday evening Branch No. 63
will be instituted at St George's schoolbouse,
at Allentown, by Deputy JSL H. Hagar.
The examinations of charter members at
Braddock will close to-morrow evening. This
branch will be instituted on Wednesday.July 3.
On the SOth inst Branch No. 41 will hold a
special open meeting at Foley's Hall, West
End. The meeting will be addressed by Revs.
Coserove and Keenoy. and also by Grand First
Vice President J. W. Sullivan and others.
The Equitable Aid Union.
The supreme and grand union sessions of
this order have recently been held, and the re
ports show a satisfactory condition of the or
ganization. The Grand Lodze was held Hst
week in Oil City with about 250 representatives
in attendance. This order now has an entire
raemhersMp of nearly 30,000. extending over 14
States and Territories, from Boston to San
Francisco. This order is open to both sexes on
eqnal terms. There are but two unions of the
order in Pittsburg: No. 102 meets in Frekers
Hall. Butler andTblrty-eighth street, on Wed
nesday; John C. Ort Secretary; T. R. Evans,
Medical Examiner, and W. J. Starr, Represen
tative. No. 2S4 meets at Twenty-sixth and
Penn on the first and third Tuesdays of each
month: Frank Stanick. Secretary; J. J. Green,
Medical Examiner, and John Hedrlcks. Repre
sentative. Through the exertion of represen
tatives, the next session of the Grand Union
will be held in Pittsburg, and an organized ef
fort is being made to largely increase the mem
bership in this vicinity before that time.
Ilcptasopln.
Pittsburg Conclave No. 89 will have over
300 members after its next meeting.
Braddock Conclave No. 78 will show a hand
some gain at the close of the present term.
S. L. Goldman, Supreme Sentinel, reports
the conclaves in the Monongahela Valley are
in excellent condition.
"All conclaves elect delegates at their last
meeting this month to the district conventions,
which elect supreme representatives. These
conventions meet the first week in July.
The Execntlve Committee having in charge
the L O. H. relief f nnd, will send several of its
members to Johnston n the coming week and
arrange some basis to distribute additional re
lief now in its hands. It has expended abont
f 1,000 already iu food, clothing, cash, etc
Friendship Conclave No. 3 proposes to go
to work in earnest and become a supreme rep
resentative of its own, the same as Pittsburg
Conclave No. 89. It has many prominent men
in its ranks, and should be able to recruit its
membership to 300 without much effort
WiiataComiort!
RcDirt! NoFuss! Flo Sack Ache!
LASTS LONGER,
LOOKS BRIGHTER,
and makes tlic Shoes WEAR BETTER.
Don't let the women have all the best things, but uss
t'sIOIflBlaoking
ONCE A WEEK ?OR MEM.
ONCE A MONTH FOR WOMEN.:
I find ita tip top Harness Dressing.
WOLFF & RANDOl' 'PH.Philadelphi
snvrsu
DESKS
A. SPECIALTY.
Tho SfosT Complete
Stock: in the city.
BED ROCK PRICES.
We also manufacture this
wonderful combination.
Easy CTUnlr.
STEVENS CHAIR CO.
No. 3 SIXTH ST,
ml2-Wsu PITTSBURO.PA
liUOKEIW-FINANCUL.
TTTH1TNEY & STEPHENSON,
7 FOURTH AVENUE.
Issue travelers' credits through Me.-srs.L'rcxel,
Morgan & Co , New York. Passports procured,
apas-i
,co.issio.m, 2
Railroad JUinfn?ni II ?
Stoolfs. Stocks. I UIL. I I
OUGHT MD SOLD
an Francisco, Philadc
For cash or on margin,
either on New York;
an Francisco, Philadelphia or Boston ex
changes. Loans mado at low rates of interest.
Established 187(1. 3- Weekly Circular FREE.
. R. CHISHOLM & CO.. 61 Broadway, N. Y.
mlll3-97-SU
JOHN M. OAKLEY & CO.,
BANKERS AND BROKERS.
Members Chicago Board of Trade and
Pittsburg Petroleum Exchange.
45 SIXTH ST., Pittsburg.
BIALTO BUILDING, Chicago.
mjlss-a-TTSU
Jmh
mm
hbL
'7 1
rt TlJH''I'rrnVi'fl''vM rc
ZT32y
13
M IMPORTANT CASK
Mr. Charles A. Millerfcngly Ap
pears as a Witness.
A PART OF HIS TESTIMONY.
"I will tell you the story just as it is,
then you can judge of its importance your
self. It seemed very important to me, bo
cause I felt, as my friends did, that my
trouble could not help but end in my being
obliged to give np work and everything else.
I was failing so steadily and surely."
It was Jlr. Charles A. Miller who was
speaking. He has been engaged for a long
time at A. Speer & Son's Globe Works, on
Duquesne way, below Sixth street.
'It seemed to begin," he continued, "with
a cold and cough. My nose would run
freely. Then, after a time, it seemed to
clog up so, that I was hardly able to breaths
through it There would be a dull pain in.
my forehead, over my eyes, and ringing and
buzzing noise in my ears. My eyes would
fill with water, and were so weak and in
flamed that I could hardly see to read. I
bad to be always hemming and hawking,
and raising phlegm, especially after my
meals.
"It was not long, however, before what I
supposed to be a cold, or a succession of
colds, became more serious. There were in
tense pains in my head, and a clogging up
of my throat which made my breathing very
difficult I hadvsharp, shooting pains in my
chest, running through to the shoulder
blades. Dizzy spells would come over me,
accompanied by frequent palpitation of the)
heart, which, made me miserable all the)
time.
Mr. Charles A. Jliller.
"I lost steadily in flesh. My sleep didn't
seem to do me any good. I would get up in
the morning feeling as tired as when I went
to bed. My Appetite failed. N ight sweats
weakened me terribly. I had feverish spells,
followed bv a cold, chilly feeling, which
made me unfit for business. Whatever I
would take on my stomach seemed to rest
like a heavy load there. I would have a
feeling of discomfort and nausea after eat
ing. I would sit down to the table with a
hearty appetite, and would only eat a few
mouthfnls.
I tried everything and everybody, but
grew steadily weiker and worse. My head
and throat became almost unbearable. The
pains in my chest and nigh't sweats in
creased. At "last I read in a newspaper ot a
case similar to my own which had been
treated and cured by Drs. Copeland &
Blair. I went to see them myself, and
found their charges verv reasonable and
within my means, though. I am not a rich
man. Although they did not promise much,
I felt that they could help me.
They did, indeed. I improved steadily
from the start under their treatment My
head and throat became clear. The night
sweats disappeared. I gained in weight,
and bad no more pains in my chest or pal
pitation of the heart My friends noticed my
improvement and congratulated me on it I
feel well and strong now; quite like another
man.
It was not by any means a temporary im-
Erovement I continued to get stronger and
etter, until the last trace of my trouble passed
away. There is not a sum of it left now. lam
a well and hearty man, and feel very grateful
to Drs. Copeland & Blair for my complete
and entire recovery."
Mr. Charles A. Miller, who makes this state
ment, is engiced, as stated, at A. Speer &
Son's Globe Works, on Duquesne way, below
Sixth street. He lives in Ohio township, eizbt
miles out on the Fort Wayne road, and hit
statement can be easily verified.
THE FRAZIER CASE.
A Remarkable Statement Made by an Arehiisel
Well Known in Both Cities,
Mr. John G. Frazier, the architect, well
known in Pittsburg and Allegheny, for
merly a resident of the latter city, at "pres
ent livinjc at 5710 Kirkwood street, said:
"I was steadily and constantly losing in
flesh and strength. In a few months I had
fallen away over 25 pounds. My appetita
failed me. I conld get no sleep. I was un
fit for work, unfit for everything. I dreaded
tne slightest exertion;
didn't feel like see
ing or talking to any.
body. I was nervous,
weak, irritable and
despondent- just man
aged to drag; myself
through my work
that was all. It seemed
as if I did nothava
strength or ambition
enough to lire. My
head got to be con
tinually affected. My
eyes began to troubla
me. At last I real,
ized that I was get
over three months
Mr. Frazier.
tine deaf. For
1 could hardly hear anything at all,
My eyes became aim and watery. They
grew so weak that I could hardly see torea'd
and had to wear glasses. For two yean
or more I realized that this catarrhal
trouble was extending, and it has
been within the last two years that I be
gun to experience its constitutional
effect and conld see, as my friends conld, thai X
was fast going down. There was difficulty ia
breathing, and a sense of weight and oppress
ion on my chest What little I did eat did not
seem to agree with mo. My stomach nould
feci as if it was overloaded as if there was a
weight on it. The sense of taste and smell
seemea to pe Rone. j. wa bu weujt coaiu
hardly get around. My muscles felt as if they
bad wasted away. I bad read in the papers, of
the work that was being done by Drs. Copeland
t Blair. I went to see them. Their charge!
seemed to me to be merely nominal, they wera
so low. I placed myself nnder their care.
"Well, in the luit three weeks I gained six
pounds in flesh. I improved steadilv. My ap
petite returned. I got sound, refreshing nights
of sleep, and woke up in the morning f eelins
rested and strong. Mr hearing was entirely
restored. My ejes became strong
again and I have laid away my glasses, bavin?
no further use for tbem. I feel now strong
and well, like another man, and am vet
grateful to the doctors .for my restoration.'
DOCTORS
PSLIlffll
Are located permanently at
66 SIXTH AYE.,
Wbei 0 they treatwlth success all curable oases.
OfSAohours OtollX. il.:2 to5 P. K.;7to9
V. St fVlunday included).
Speckilties-CATARBH, and ALL DIS
EASES of the EYE, EAR, THROAT and,
LUNGS.
Consultation. SL Address all mall to
DBS. COPELAND 4I3LAIK, ,
jell 63 Blxth ave., Pittsburg, Pa,
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