Pittsburg dispatch. (Pittsburg [Pa.]) 1880-1923, August 25, 1889, SECOND PART, Page 13, Image 13

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GRAND ARMY ECHOES.
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1UTI0NAL OFFICERS.
Tb Candidates nnd Their Qualifications
Pennsylvania's Determining Influence
Grand Army Dny Committee Itesolu
tlona on the Death of William Thnsv.
From present indications the contest for
Commander-in-Chief at Milwaukee this
week will be an earnest one. The candi
dates thus far named are: "Private Dal
11," of Caldwell, O.; "Corporal tTanner,"
Commissioner of Pensions; "Wneelocfc G.
Yeasey, of Vermont; S. H. Burst, of Illi
nois, and General Russell A. Alger, of
Michigan. The "Private" is being most
strongly urged and it is possible the Ohio
delegates will take hold of his cause. Cor
poral Tanner would have no difficulty in be
ing elected if his candidacy should be in
sisted upon. The fact of his holding a pub
lic office will be against' him with some, al
though why cannot be made plain. Polio
may influence his superior officers to suggest
that be keep out 01 me content, judge Yeasey
his lon been active in Grand Army matters.
Be has been Department Commander, and last
Tear was Judge Advocate General. He has in
his favor the fact that the last three Incum
bents have been from the far West, and it is
now the East's turn. Every old soldier knows
of the dashing cavalryman. General Alger, ex
Qovernorof .Michigan. There may be opposi
tion to him on account of his activity in poli
tics, but that is a charge that will be against
nearly every active Grand Army man. General
Alger's prominence as a Fresidental candidate
last .-.ear may influence the friends of other
candidates to believe his election as Commander-in-Chief
would give him an undue advantage
for 1832. Bis selection would be a creditable
one. as be has wealth and leisure, and is a zeal
ous Grand Army man. The candidacy of Mr.
Burst may not be urged on account of the atti
tude of the Department of Illinois toward Mil
waukee and the railroad rate.
There doubtless will be other candidates. It
is possible Major Warner will be asked to
stand for another term, he having done such
good work during the current year. As yet
there has been no intimation that the Depart
ment of Pennsylvania will present a name. A
number of comrades might be suggested who
would worthily fill this important position.
Nor is it known whom the delegates from
Pennsylvania will support. Both Judge Veasey
and General Alzer have warm friends. The
delegation will act as a unit, and it is safe to
say that Pennsylvania's choice will be the
choice of the National Encampment, as has
been the case for a number of 5 ears.
It is understood the Department of Wiscon
sin will ask that Department Commander A
G. Weissert be elected as Senior Vice Commander-in-Chief.
If so his election will be a
matter of form, in accordance with the custom
of giving that place to the department wherein
the sessions of the encampment are held.
Colonel Weissert is serving bis second term as
Department Commander. He has every quali
fication for the place, and is a bright, brainy
fellow. He is Chairman of the Executive
Committee haing in charge the arrangements
for the encampment, and has done good work.
Locality will piobably determine the choice for
Junior Vice.
Grand Army Day.
The Grand Army Day Committee met In
Select Conncil chamber yesterday aiternoon.
The recommendations of the Executive Com
mittee were adopted, as follows: That the
usual parade and campflres be had; that the
invitations be extended to posts and comrades
of Western Pennsjlvanla, Eastern Ohio and
West Virginia, and in favor of a Southwestern
Pennsylvania G. A. R. Association being
formed.
I The committee to draft a resolution on the
Ueath of 'William Thaw submitted the follow
(ins:. a copy of which will be engrossed and sent
to the family of the deceased.
By the death of William Thaw this community
mourns the logs of a Christian gentleman and a
public spirited citizen who stood loremost in the
ranks of this city's business men: a philanthropist
in the true sense, and a humanitarian, to whom
the appeals of the distressed were not made In
Tain. Always ready to assist the deserving and
friendless, his lire was passed In unostentatious
and trne charities.
TheUrand Army of the Republic in general,
and In tills vicinity in particular, has lost a stead
fast friend and supporter, whose liberality made
comfortahlo the Journey of many a worthy and
unfortunate old comrade and brought joy to the
honse of mourning- of the widow and tbe omhan.
Ills c-eneroslty enabled us to practically maintain
the irreat principles of our order, assisted ns ma
terially in the success or our public occasions of
".Memorial" and "Orand Army" Days, and also
or our exhibitions and entertainments for tbe
benent orour charity lund.
Resolved. That we most deeslr denlorehti iV.th
which to us is an Irreparable loss, and to the pun
lie a calamity. To the bereaved lamlly we tender
our sincere sympathy, truslng the Divine .Master
will sustain them In their affliction.
The following sub-committees were an
nounced by tbo Chairman:
Finance Thomas O. Sample. 128. Chairman: W.
sBfASeSttTS11- Laier' "7; T-"
Invitation-.?. 11. Lambert, 3, Chairman; E. B.
Elliott, 41: 1L O. E. Uemler, SS; lienry Hoberg.
157: Ed Abel, 2.V).
lteceplion-W. J. Patterson, 157, Chairman: W.
B. Krueu. 3S; L,evl II. ltlchard, 117: D. JL Mor
rison. 12): B. F. Jennings. 15a. "-" "
Transportation J. L. Kolshouse, 31 Chairman:
A. C. Frank. 151; T. J. Aeely, IK; Henry Jones.
SX: U. M. Head. 259. " ' "ur' lunes,
Mibslstence-Charles F. Sherrlff, 83. Chairman;
AiJ!rK?edAJ: s- M- u"vall. ttl; S. A. Johnston.
206; T. J. sicbrath. MS.
Printing IboinasU. Jones, 38. Chairman; Ed
ward Miner, J: A. H. cltb, 41; Joseph T. Die
bold. 13; J. C. Hill, 648.
The next meeting of the committee will be
held in Select Council chamber on Saturday,
September 7, at 3.33 p. M.
Oa to Milwaukee.
The local delegation, with the Department
Commander, Comrade Thomas J. Stewart, his
staff and delegates from the eastern part of
the State, will leave Pittsburg this morning at
8 o'clock and arrive at Milwaukee at 11 o'clock
to-night in a special train furnished by the
Pennsylvania Company. Post 128. of Alle
gheny. 100 strong, under command of Com
mander Thomas G. Sample, will act as escort
for the Department Commander. The Grand
Army Band of S3 pieces will furnish tbe music,
and as usual on occasions of the kind, Penn
sylvania will be conspicuous In tbe great
parade which takes place on Tuesday.
Owing to the fact that many of
the railroad lines have receded from their first
position of one fare only for tbe round trip,
and accorded a one cent rate, tbe attendance
of comrades at Milwaukee promises to be very
Urge. The action of the National Encampment
on tbo pension question, as well as on other
important matters, will be watched with con
siderable concern by the thousands of comrades
throughout tbe country. Tbe conservative
course of the Department of Pennsylvania in
the past will be maintained upon all matters
that may come up for action, and the force ol
the delegation In the encampment will be as It
has lormerly been, a power in shaping the
course and action of the distinguished repre
sentative body of the veterans of the nation.
Grand Army Xotrs.
PexstsyiVaxia, the Banner department
Tnia is the reunion season, re-echoing the
dark days of 1S61-&
Post B60, Verona, will hold a grand bean
bake on September 5, 6 and 7.
National Headquarters, G. A, B, during
the' present week will be the Plankinton
Hotel. Milwaukee.
The representatives from Pennsylvania at
Milwaukee will-miss the wise counsel of the
late Samuel Harper.
TnE old soldier, tho widow and orphan In
this community lost their best friend by the
death ol William Thaw.
Fotjb hundred and thirteen thousand two
hundred and twenty-eight comrades In good
standing in the G. A R.
Comrade C. C. Tueaker, of the Treasury
Department, Washington D. C, was in the City
last week visiting friends.
New Grand Army posts have recently been
organised at Bradford. Harrison Valley, Potter
county and at Hryn Mawr.
It is safe to assume Quartermaster General
John Taylor will succeed himself until the
final muster-out shall come.
The roost successful reunion tbe old Round
bead (One Hundredth) Regiment has yet held
was held at Rock Point last Wednesday.
ENCAMPMENT No. 1, Union Veteran Legion,
mustered five veterans last Monday evening
and referred the applications of some others.
A JOINT reunion of the Eighty-wreath, One
iv
Hundred and Thirtieth and Two Hundredth
Pennsylvania Volunteers will be held at York
on September 21 next.
As lncre'aso of 0,012 in membership in the
G. A R. during the past year, is a most grat
ifying exhibit In the administration of Commander-in-chief
Warner.
Me. S. D. WaiuTCastle, the collector of In
ternal Revenue, has proven himself a friend
of the old soldiers in filling the various posi
tions in his department,
AM. tbe comrades who were injured in tbe
accident occurring on the West Penn Railroad
while returning from the Butler reunion, are
fortunately on a fair road to recovery.
Comrade W. S. Meek, of Holiday Post,
Wheeling. W. Va., visited Post S8 last Tuesday
evening. Ho says his Post will be here in
strong numbers on Grand Army Day.
Department Cosikandek Stewart
stopped over about an hour in the city on
Wednesday, enroute from Greenville to the
reunion at Fhillipsburg, Center county.
AlIOMO others going to Mil waukeofrom Post
Al will be the following: Post Commander A
J. Reed (delegate), John McAfee, A B. Ross,
D. S. Blackburn. John Gangwiscn, Louis Dlt
trich and Henry Gunt.
Comrade Emil Poeestel, of Post 3, writes
from Switzerland under date of the 11th inst.,
saying he is climbing the Alps and enjoying
Mmselt very much. He sends his regards to
all his old comrades and friends.
Gexekal Pearson, National Commander
of the Union Veteran Legion, has information
that thfee applications for new encampments
are being signed in New York, and one each
in Bethlehem and Mauch Chunk, this State.
Bra recent ruling of Commissioner of Pen
sions Tanner, origin of disability can ba proven
by tbe applicant for pension and one private
soldier, instead of two as formerly, thus placing
the private, in this regard.on the same equality
with the commissioned officer.
COMMANDKE-lN-cniEF Warnxb will leave
Kansas City this afternoon at i o'clock for
Milwaukee, via the Chicago and Alton line.
Be will be accompanied by the Western Mis
souri comrades as a special escort.
The regular monthly meeting of Duquesne
Post. No. 239, will be held on Tuesday evening
next, when two recruits will be mustered and
other important business transacted. Com
mander Head desires afull attendance of mem
bers and extends a cordial welcome to com
rades of other posts to be present.
Comrade C. K. Chamberlain, appointed
to a responsible position in the Internal Rev
enue office, was a member of the Ninth Re
serves, and has an excellent record as a sol
dier. He is a member of Post 259, and has the
ability to fill the position to which he has been
assigned with credit to himself and his com
rades of the old army.
Comrade MichaxxMcMorris died atGal
litzln, Pa., on Friday last. He was a member
of Post 157 up to a short time ago, when he
drew his card for tbe purpose of removing to
Gallltzin. Comrade McMorrls was wounded
very badly and suffered continually from tbe
effects of the same. He will be burled to-day
by Post 311, Gallltzin, with military honors.
Tbe national convention of the Union ex
Prisoners of War will be held at Westslde
Turner Hall, No. 300 Fourth street, Milwaukee,
on the 28th and 29th inst. From here will go
Charles F. Sheriff, President of the Pennsyl
vania association, and James R. Hutchinson,
President of the Allegheny county association.
The representatives will be O. R. McNary, ot
Cannonsburg, ana Harry Palmer, ot New
Brighton.
The appointment of Comrade Edward
Fisher, of Post 3, as. Deputy Collector in the
Internal Revenue Service is exceedingly grati
fying to the comrades, not alone in this county,
but throughout the State. Comrade Fisher is
one of tbe most active workers of the
Grand Army in this department. He is at
present and has been for vears a member of the
Executive Committee of tbe Grand Army in
this county, and has done much by his wiso
counsel and earnest labor to bring forth the
best results for our organization.
MILITAEr NEWS.
Lieutenant John L. Turner, of Com
pany A Sixteenth Regiment, has tendered his
resignation.
Lieutenant James R. Tracet tookja fly
ing trip to Chicago during the past week, re
turning last night.
Major J". C. Kay, of the Eighteenth Regi
ment, who has been spending some little timo
traveling In the West, returned to the city yes
terday. Major Hazlett, Brigade Inspector of Rifle
Practice, sailed from Europe last Wednesday,
and will be home in time to take part in the
contests at Jit, Gretna next week.
Major J. S. Wxtcher, Paymaster United
States Army, who has been absent for some
time on leave, returned to the city a few days
ago and has his office in successful operation.
Two members of the Twelfth New York
Regiment were tried by court martial for run
ning the guard lines durinc a recent encamp
ment. They were found guilty and sentenced
to forfeit their entire camp pay to the State.
The non-cqmmissioned officers of the
Eighteenth Regiment held a meeting last
Wednesday evening for the purpose of mak
Ingarrangements for a series of receptions
and dances during the coming fall and winter.
There were several good scores made at the
range at High Bridge last Wednesday. Colonel
Norman M. Smith qualifying as a sharpshooter
with a score of 13 points. Sergeant A E. Ross,
of Freeport, made a string of 17 out of a possi
ble SO in ten shots at the 500-yard range the
same day.
Company L or McKeesport, has qualified 35
of its members, seven of whom are EharpSboot-
era, inciuuin lyapiam ioon witn vf points.
Lieutenant Lower with IS points, and Sergeant
Garey with 19 point. Th,ese are three as good
scores as can be shown in any one company In
the Etate.
The Duquesne Grays returned from camp
at Erie last Wednesday evening pretty well
tanned, bnt thoroughly satisfied with their two
weeks' outing. They report having a delightful
camp all tbe way through, with just enough
military duty to make things interestinc, and
have been well treated by the citizens in the vi
cinity. A number of large fish stories are also
being placed in circulation.
Mr. Joseph Lange. manager of tho detail
department of the Westragbouse Electric Com
pany, has generously volunteered to give a half
holiday to the members of the guard in his em
ploy, in order that tbey may have the benefit of
the target practice on the range at High Bridge.
Mr. Lange, beside being one of the best elec
tricians in this end or the State.is also a remark
ably fine shot, having received nnmeronx ri.i-nr.
ations and medals for rifle shooting in the Ger
man army.
THE city of Philadelphia is having consider
able trouble in obtaining a detail of one officer
of the navy to take commaud ot her schoolship.
Several have been registered to take the po.i
Hon, but refused on the grounds that the 500
per annum salary was entirely too small, $2,000
at least being the proper figure. The city
thinks that a detail should be made whether
agreeable to the officer or not, but the Secre
tary of War holds a different view, so the new
schoolship Is liable to remain without a com
manding officer.
A number of arguments have been indulged
in lately about the correct position of firing at
600-yard targets. At the present time "Blnnt's
Manual" is the authority in this State, and the
latest edition states: "Practice at 600 and COO
yards permits firing lying down, any variety of
position, either prone or on the side or back,
but with no rest except what can be afforded
by the body. The gun sling may be used in
any manner in steadying the rifle or absorbing
the recoil, but with no extraneous objects."
This sbonld nearly settle the question.
TnE commission of Colonel 'William A
Kreps, of Greenville, commandant of the Fif
teenth Regiment, expired on the 7th of this
month, and an election to fill the vacancy will
be held next Tnesday evening, at the head-
Snartersnf the regiment. It is probable that
olonel Kreps will be re-elected, as the old op
position in favor of Lieutenant Colo
nel Rupert has to a certain ex
tent died out The election will be
conducted by Colonel Hawkins, of the Tenth
Regiment, and most of tho commandants In
the brigade will be present. Colonel Kreps
has been a member of the Fifteenth since 1675
having also served through the late war.
THE attention of the militia, now that the
camps are over, is chiefly devoted to the Mt.
Gretna rifle contests which take place next
week. Tbe matches will run over sixdavs,
from September 2 to 7. On Monday individual
and regimentalmatcbes for the Coleman nurses
will be held; on Tuesday there will be practice;
on Wednesday the regimental match for
trophy; on Thursday brigade practice, and on
Friday the brigade contests. At the conclusion
of the contests on Friday afternoon or evening,
the State team will be picked, and those chosen
will start for Creedmoor on 8aturday. The
inter-State contest will be held there on Sep
tember 0 to 13, there being 16 matches in aft.
and the most valuable prize being the Hilton
trophy, valued at 13.000. The teams from the
Fourteenth and Elebteenth Regiments will
leave next Saturday night in charge ot the In
spectors of Rifle Practice of the respective
regiments.
Attention! Hnmpion's Battery F.Penn. Art'y.
Members are requested to ask for trans
portation to Gettysburg, via. B. & O. E. B.
This will give an opportunity to visit the
battlefields of Antietam, Harper's Ferry,
Hagentown and other historic grounds.
Johh- C. Shalee, Jr., Secretary. '
Qeoeqe V. MiMBnt. Chairman.
THE
FIGUEES WON'T LIE.
They Show a Large Gain in Business
Over Same Time Last Year.
NEW HOUSES FOE 20,000 PEOPLE.
An Aonndance of Cheap Monej Eeady for
Investment in Mortgages.
BIG THINGS PENDING IN EEAL ESTATE
For the dullest part ot the dullest month
of the year when dogs go mad and men
lose their grip the amount of business
transacted in Pittsburg last week was suffi
cient to feel proud over. It was, in round
numbers, 51,600,000 greater than for the cor
responding week last year. There are very
few cities that can show such a record. There
were no special changes in conditions. The
"good time coming" is expected to reach
this part of tbe country some time next month.
Everything is ready and waiting for It.
A good business was transacted in realty last
week, considering tbe season and the absence
of a large number of moneyed men, who take
to land as ducks do to water. There were a
few large deals, but the majority of the trans
actions were small. A number of big things
were commenced, but not completed. Among
these may be mentioned one of $75,000, involv
ing a piece of property in the suburbs. J. H.
Howley is nursing two $20,000 dickers, which
he hopes will come to a head In a few days. An
other Fourth avenue agent stuck on a $50,000
farm in Indiana county, tbe difference between
buyer an d seller being only 500. This informa
tion from the inside is sufficient to show that
there is more going on than tho public Is
aware of.
The introduction of: electricity as a motive
power will never diminish tbe number of
horses and mules in this country. This state
ment is made in anticipation of a "kick" from
the blacksmiths, carriage makers and farriers
against the employment of "new-fangled ma
chines that rob the laborer of his hire."
Speaking of mortgages yesterday, a Fourth
avenue broker said: "I know very little about
the condition of the Eastern money market. If
there Is a pinch there it has so far failed to
affect Pittsburg. Money is abundant here for
all purposes, and there has been no advance in
rates, in proof of which I make this proposi
tion: I wl.l agree to negotiate ten mortgages
for $10,000 each, or 20 mortgages for So, 000 each.
at 1 per cent and tax, within 13 hours after
application, and have the money to hand over
the instant the titles have been examined. You
may give my name to any persons wanting
money on these terms."
One great secret of success In business the
secret, in fact, ot business on a large scale is
to conceive of it as a matter of principle, not
merely as a series of transactions. An emi
nently successful business man said the other
day that the more be understood of life the more
clearly be saw that it was all done on business
principles. By which he meant not only that
tbe universe stands for the dollar, but that the
universe is governed by unvarying laws, that
promptness, exactness, thoroughness and hon
esty are wrought into its very fiber. On these
business principles all life is conducted if not
by men, at least by that power which is behind
man. It ought to be tbe ambition of every
young man to treat his business from this point
of view.
Buyers and sellers of real estate will acquire
many valuable pointers by perusing the adver
tising columns of Tub Dispatch, where will
be found a symposium of the landed inter
ests, embracing business properties, farms,
manufacturing sites, houses and lots, and many
other thincs of vital Interest to investors and
speculators, who, as much as any other class of
business men, should be thoroughly posted be
fore "pitching in." This hint is given gra
tuitously, but it is none the less valuable for
that.
There was Quito a spurt of activity in tbe
building trades last week, 51 permits being
taken out against 11 the previous week. The
estimated cost Is (79,050. Two of the buildings
thus authorized will cost something over 15,000
each, tbe remainder being small or medium In
size and price. Tbe number of permits taken
out since January 1 falls but little short of
3,000. With good weather and other favorable
conditions during the remainder of the season,
which it usually the best of the year for out-of-door
business, there Is scarcely a doubt that
the original estimate of 4,000 will be attained.
Counting five persons to'a house, there will be
offered accommodations for an increase of
20,000 to the population. This should convince
the most inveterate croaker that Pittsburg is
not ready to be fenced In.
There are, it Is claimed, too many bears
among the stock brokers to give business a
chance to boom. Here is what a bull says:
"My opinion is that those who are holding
back orders expecting lower prices are making
a mistake. Undera longsiege of dullness values
have shown no disposition to let go, and it is
hardly reasonable to suppose that they will
w eaken now, on the eve of the fall trade. Give
our securities a chance and tbey will quickly
show that there is more in them than can be
seen on the surface."
The work on the branch of the Baltimore and
Ohio Railroad which is to give that road an
entrance to New York through Staten Island
is being pushed very rapidly. All the tracks
have been laid on the Kill von Kull Bridge, the
Staten Island Shore is ready for Baltimore and
Ohio trains, and only about six miles of track
remains to be laid on Jersey soil. The branch
leaves the Jersey Central tracks at Roselle and
runs from there to the bridge, a little below
Elixabethport. It Is expected that it will be
open for traffic within two months. It is hoped
that trains maybe running over it by Octo
ber!. LOCAL SECURITIES.
A Dull Market With a Stronsr Undertones
Which Is Encouraging.
Yesterday brought to a close a dull and un
eventful week In the stock market. It was
barren ot surprises either way. There were no
important declines or advances. Steadiness
was the rule throughout. Seme things closed
higher than the opening figures, and a few were
lower, but the changes were, for the most part,
for fractions, and threw very little light
ahead for the guidance of brokers and in
vestors. (
That there were no disasters under peculiarly
discouraging circumstances tho absence of a
large number of speculators, rnmors of tight
money in the East, the chronic apathy inci
dent to tbe season and a disposition on the part
of investors to bear the market was regarded
as a favorable indication of the stability of tbe
market and encouraged tho hope that stocks
would share In tbe seneral revival of business
which September will usherln,
TIi fialns VMt.rda7rjimnrlsAi1 9JR 1,q
which 200 were contributed by La Norla. The
advances included Fourth National Bank,
Monongahela National Bank, Washington Oil,
Natural Gas of West Virginia and Forest Oil.
Philadelphia Gas was fractionally lower. The
other eaa stocks showed no Dartlcnlar rhinr.
The tractions about held their own, except
i iiuu wuiui uui)ieu vui ui signi, xnere
was the usual Saturday demand for bank and
Insurance stocks, but it resulted in nothing but
flgutes. Bids, offers and sales follow:
EXCHANGE STOCK.
Pitts. Pet., S. and M. Exchange 452 600
BANE STOCKS.
Hid. Asked.
Arsenal 65 ....
AIlefrhenyNatlonal Bank (git
UanEoPlttsburir........ i& '."
Citizens national Bank eyl '"'
City Deposit ... so ""
Duquesne National Hans 155
Exchange National Bank 81
Jfarroers' Deposit National Bank 400
Konrt,h National Bank lXX
Fifth Avenue
Freehold Bank u
Fidelity Title and Trust CX "' iS 156
Uerman National Bank " " " . 5
Iron Clrr National Bank m
AlArlnn S'ntlnnftt Hank- . "" . ""
h Merchants AManuracturers'NaVii'in'k.' 61K "."
Mptrnnolltan Ntlnnl Kiiir "" Xy
Mononirahela National Bank iosk
People's National Bank JS
Third National Bank ; Js!
Union National Bank. 4X3
Merman National, Allegheny. ""
Real Estate Loan and Trust Co..... m
Third National, Allegheny ...""iS I'.'.'.
UtSUBAHCI STOCKS. '"
Bid. Asksd.
at ....
Allegheny Insurance Co.,
PITTSBUKG DISPATCH,
Allemannta ,,
Ben Franklin -;
Citizens " VX
German J' ....
Tentonla &?
Union "
Western w M
NATUEAL OAS STOCKS.
Bid. Asked.
Bridgewatcr ,
Chartlers Valley Gas Co f.
Manufacturers Gas Co ?
.Natural Gas Co. or W. Va
Ohio Valley
People's Natural Gas Co ""
People's Nat. Gasand Plpeage Co i
Pennsylvania Gas Co "
Philadelphia Co
Union Gas Co J
Wheeling Gas Co 30
40
51
SO
36
CO
MISCELLANEOUS STOCKS.
Bid. Asked
Columbia Oil Co ..........,
Forest Oil Co !??? "
Central Traction j"
CttUens' Traction
Pleasant Valley
Pittshnrg, Allegheny and Manchester. ....
Chartlers Eallway J
Pitts., Youngstown & Ashtabula K. K.. so
Plttsburz Junction K. K. Co
210
2C0
a"
13
Pitts., Cln. a St. Louis K. It
1'ltts. A Western K. R. Co
Pitts. A Western B. R. Co. pref..
Monongahela Bridge.
Point Brldgo
Union Bridge
Union Switch and Signal Co
Pittsburg Cyclorama Co
UK
"
3
IS
2l)j
7
s
MISIKQ STOCKS.
Bid. Asked.
La Norla Mining Co IK IX
The sales were 15 shares of Central Tration at
lJi. 200 La Noria at 1J and 1 Switch and Signal
' K- ,
The total sales of stocks at New York yester
day were 51,053 shares, including: Atchison,
2.100: Delaware. Lackawanna and Western.
1.550; Erie. 1,800: Missouri, 2,100: Northern
Pacific preferred, 3,000: Reading, 1,800: Rich
mond and West Point, 1,010; St, Paul, 11,535.
STILL LEADING.
Local Business Contlnncs Well Ahead of
Angnst Last Year.
Business in Pittsburg keeps ahead of that of
the same time last year, the week's earnings
being about 11,500.000 greater than they were
in the corresponding week of 1SKS. There was
nothing new at the banks yesterday, but every
thing moved along in a quiet, satisfactory man
ner. Manager Chaplin's report for the day,
week and year is interesting, as usual. It is as
iouows:
Exchanges f J,7t5,602 99
Balances 299.711
Exchanges for the week 10.277,777 M
Balances for tbe week. 2.132,806 65
Exchanges week of 188s 8,812,742 45
Balances week of 1888 2,178,33 29
.Exchanges last week. 10,761.36163
Balances last week 1,771, met
Total exchanges. 1889 112,184.951:8
Total exchanges. 18S3 370,118,934 69
Gain, 189 over 1831 42.016,01869
The Daily Invest! gator says of the money
scare: "Of the money scare it may be said that
we fear the things' we think instead of the
things that are. and there is no good reason
why stocks should decline as tbey did yester
day urnier tbe apprehension of merely possible
stringency. It is true, as Mr. S. V. White re
marked to us, that the banks of this city have
little more than $3,000,000 above their legal
amount of reserve, and tbey had 21,000.000 of
excess last year, and that more than this $3,000,
000 will have to be sent West and South, bat
tbe Treasury is a great safety valve, and so is
foreign capital when rates ot interest become
attractively high. Sufficient for tbe day Is the
evil thereof, and men should never allow them
selves to be governed by their fears. Money is
moderately easy at 5 per cent now, and the
Treasury has brought about a million and half
of bonds since Tuesday.
Money on call at New York yesterday was easy
at 2 per cent. Prime mercantile paper, 6
7X- Sterling exchange doll but steady at ti SH
for 60-day bills and f 1 87 for demand.
The weekly statement of the New York
banks, issued yesterday, shows the following
changes: Reserve, derrease,$l,2S6,S75; loans, de
crease, $3,191,100; Bpecie, decrease, 12,116,100;
legal tenders, decrease, 752,000; deposits, de
crease, $7,529,000; circulation, decrease, $3,500.
The banks now hold 3,066,000 in excess of the 25
per cent rule.
Closing; Bond Quotations.
U. S. ls,reg 123
U. b. 4a. couo 123
M. K.4T. Gen. Bl . S3
Mutual Union 6s... ,102
N. J. C. Int. Cert...lL!X
Northern Pac. lsu.,117
Northern Pac. 2ds..llSX
N orthw't'n consols. 147
U. 8.4Xs,reg lOoX
U. H. 4iS, coup.... VUaii
racmcosoi 'Do -113
Loulslanastamned Is 90
Missouri 6s...... 100
Northw'n deben's.JUU
Oregon A Trans. 6s.l05)l
St. Ij. AI.M-Gen. 5a 8S
lenn. new set, 6S....11&
Tenn. new set. fis,...102
Tenn. newset.3s,. 73
Canada 80. 2ds 99
M. 1..&S.K. Oen.JL.118
at. Paul consols ....175
St. PL Chi 41'c.lsts.m
Cen. Pacificists 1I4M
Den. & K. (i., lsts.122J
IX., rfcL. G.TT Ks. DO
l-x.,FcK.G.Tr.Kcts 37)f
Union Pac. lsts...lli
West Shore MWi
Den. u. u. 43 78
D.AK.O. West, lata. 105
Erie. 2ds 7. 103
U. K. AT. Q en. 6s.. 63K
Bid. "
Yesterday's bond offerings aggregated H55,
850, as follows: Registered Is. $219,100, $130,000,
$100,000 at 128; coupon Is, $6,350 at 128. Gov
ernment andState bonds continue firm and dull.
New Torn Clearings, $118,559,563: balances,
Si.861.0S9. For tbe week Clearings, $623,785,781;
balances, J3l.051.17L
Boston Clearings, $12,371,913: balances,
$1,105,968. For the week-Clearings, $71,096,562;
balances, $7,958,338. For tbe corresponding
week In 1888-CIearlngs, $69,321,811; balances,
$9,075,757.
Philadelphia Clearings, $10,621,318; bal
ances. $1,118,001. For the week Clearings, $62,
207,695; balances, $9,222,853.
Baltimore Clearings. $1,957,100; balances,
$256,716.
Paris Three per cent rentes, 85f 90c for the
account.
OBTCAQO Bank clearings, $9,936,671. Money
in fair demand at lK5 per cent for call and
67 per cent tor time loans.
ST. Loms-Bank clearings, $3,008,162; bal
ances, $619,338. For the week Clearings, $18,
167,011; balances. $3,992,788. For last week
Clearings, $18,971,598; balances. $2,786,195. For
same week last year Clearings, $17,078,898; bal
ances, $2,923,981.
A DK0P IN OIL.
An Explanation Whlchlnvolvea tbe Standard
In a Game of Twist.
The petroleum market yesterday developed
considerable animation at times, but was not
particularly fruitful of business, trading being
moderate and confined to the room operators.
The market opened at 93 and closed at 96K,
showing a drop of . This was accounted for
by the absence of shorts and a desire on the
part of the longs to get out, to a continuation
of bearish field news and a further decline of
refined at Antwerp Influences which the bulls
could not overcome, and so they retired as
gracefully as possible to devise measures for a
reaction.
All in all, it was a weak market, with nothing
on the surface to indicate anything materially
better this week. A broker had this to say: !
am in receipt of a letter from New York which
states that the Standard has just closed a large
contract in Europe for refined, and. as it wants
crude as cheaply as possible, it has put the
screws on the exchanges. This is a very good
explanation of tbo slnmp, which certainly is
not justified by tbe statistical situation."
Fcntnrei of the Market.
Corrected dally by John M. Oaxiey & Co., 15
Sixth street, members of the Pittsburg Petro
leum Exchange.
Opened SSHILowest 9f
Highest 9SJilUosed 96
Barrels.
Average runs 50,22s
Average shipments 78,811
Average charters 11,633
Jterlned, New York, 7.20c.
Keltnei. London. iJid.
Refined, Antwerp, l"J(r.
lteUned. Liverpool, 6Xd.
A B. McGrew & Co. auote: Puts, 95Vc:
calls, 9SJ98Xc quow- " 7
Other Oil markets.
OH Crrr.August 24. National transit certifi
cates opened at 98Wc; highest. 98c; lowest,
9GJc: closed, 96Kc; charters, 10.912 barrels;
shipments. 93,925 barrels; rnns, 63,978 barrels.
-'..' '..uKus. it national wuoii,
certificates opened at 98c: closed at 06c:
highest, 98Xc; lowest, 96Jc; clearances, 160,000
barrels.
TrrcsviLXE, August 21. National transit
certificates opened at 98ic; hicbest. 985c;
lowest, 96c; closed, 98c.
New York, August 21 Petroleum opened
steady at 98c, and after some slight fluctua
tions In the early trading; became weak and de
clined to 97c. A rally then followed in which
the market closed steady at ViiCc Stock JEpx
changeOpenlne. 9SMc; highest, 98Kc: lowest,
97c; closing. 97Kc, Consolidated Exchange
Opening. SSJbC: highest, 98c: lowest, 96c;
closing, 06JbC Total sales, sXSofo barrels.
THEY WILL HATE THEM.
A Few Good Dickers In City and Saburban
Real Estnte.
O.Beringer fc Son, 103 Fourth avenue, sold
for John Musgrave to John T. McShane. the
brick dwelling No. 10 Col well street, for $1,200.
They also sold for James McGlnnls to Mrs. Rose
Sudlnger, about five acres of land with a frame
house, at Stoop's Ferry, for $1,500.
Alles & Bailey. 164 Fourth avenue, sold for
Elizabeth Scholpbruck a frame dwelling of
four rooms, etc!, lot 20x00 feet, situated on
Nineteenth street, Southslde, to William
Jobnes, for $1,300 cash.
Ewing dc Dyers, No. 107 Federal street, placed
a mortgage of $1,700 for two years at 0 per cent
on property In SpringJQarden borough.
Black & Balrd, 95 Fourth avenue, sold to J.
M.MLUIgan one lot 25x100 feet to an 18-foot
SUNDAY. AUGUST 25,
alley. In the 3. 8. Willock estate plan, on Ha
zel wood avenue, Hazelwood. for SSOU.
John F. Baxter, 512 Smlthfield street, sold to
A L. Matthews lot No. 185, Baum Grove plan,
Roup station, frontage of 10 feet on St. Clair
street by 103 feet to 20-foot alley, for $2,000.
Li O. Frazier, corner Forty-fifth and Butler
streets, sold for the Gross estate lot 60x118 feet
to a 20-foot alley, situated on" the east side of
Mathilda street, near Penn avenue. Twentieth
ward, to Jacob Wochley for $2,100.
GeorgeS. Martin, 603 Liberty street, sold in
the Maplewood Park plan. Wilkinshurg, lots
Nos.26and 27, having a frontage ot 10 feet
each on Coal street by 120 feet to Washington
lane, for $150 each. The names of the pur
chasers are withheld by request.
ENLAfiGING THE CITI.
A Good Week Amons the BuIIdem Busi
ness Picking Up.
Fifty-one permits were taken out last week
for buildings all small or medium-sized the
estimated cost of which Is $79,050. This is a
good record for what is usually the dullest part
of tbe dullest month of the year. A steady
growth of this industry is expected from now
on until the snow flies. The following is the
list:
H. Bramfield, frame one-story, 10x10 feet, on
Duquesne way, First ward.
James McCabe, frame two-story, 21x10 feet,
on No. 2612 Penn avenue. Twelfth ward.
Mrs. S. bniller, frame two-story. 18x32 feet,
on Snnnyside street. Twenty-third ward.
Gustave Henke, frame two-story, 17x31 feet,
on Spruce street. Twenty-seventh ward.
J. Sarwiskl, frame one-story, 17x31 feet, on
Hemlock street. Twenty-seventh ward.
James Sullivan, frame two-story addition,
16x30 feet, on 228 Brownsville avenue, Thirtieth
ward.
Henry Woelver, brick two-story and man
sard. 25x50 feet, on Main street, Seventeenth
ward.
A. L. Warner, frame two-story, 17x32 feet,
on Wyckllff street, between Fifty-second and
McCandless, Eighteenth ward.
John Kerney, frame two-story, 20x32 feet, on
Stanton avenue, Eighteenth ward.
Jennie Ralston, frame two-story, 20x16 feet,
on Road avenue. Nineteenth ward.
May E. Ellis, brick two-story, 32x36 feet, on
Merchant street, near Shady lane, Twentieth
ward.
J. F. Ganter, frame two-story, 21x12 feet, on
Carver street. Twenty-first ward.
J.P.Fleming, six brick two-story, 78x29
feet, on Long alley, Seventeenth ward.
Mrs. William Martin, frame one-story. 20x10
feet, on Hiland avenue. Nineteenth ward.
J. P. Gilson, frame one-story, 12x22 feet, on
Atwell street, near Lincoln avenue. Twenty
brat ward.
J. H. Steffler, frame two-story, 18x32 feet, on
corner of Reynolds and Hastings streets, Twenty-second
ward.
Henry Flock, frame two-story, 20x32 feet, on
Magee street. Twenty-third ward.
C. F. Vallowe, brick two-story. 20x50 feet, on
Sidney street, between Twenty-fifth and Twenty-sixth
streets. Twenty-fifth ward.
I. Morris, two frame two-story, 32x31 feet, on
Sedgwick street, corner of Oakley alley, Twen
ty seventh ward.
John W. Keetlnc. frame two-storv. 36x56 feet.
on Monastery avenue. Twenty-seventh ward.
May Tyrell, frame two-story, 16x32 feet, on
Arlington avenue. Twenty-seventh ward.
Fred Fugman, frame one-story, 20x21 feet, on
Salisbury street. Twenty-seventh ward.
D. B. Morris, brick two-stnry, 36x37 feet, on
Forbes avenue. Twenty-second ward.
Fred Lynch, two frame two-story, 31x30 feet,
on Second avenue. Twenty-third ward.
Emil P. Pifelfer, frame one-story, 7x11 feet,
on rearot 1732 Carson street. Twenty-sixth
ward.
W. R. Armstrong, stone two-story, 28x13 feet,
on Woodwortn street. Sixteenth ward.
Joseph Howard, frame one-story, ht-19 feet,
on Butler street. Eighteenth ward.
C. Elsbotz, frame two-story, 18x30 feet, on
Jancuf street. Eighteenth ward.
Mrs. Sarah Colstor. frame two-story, 17x32
feet, on Gem alley, near Gross street, Nine
teenth ward.
Thomas Jackson, frame two-story, 21x18 feet,
on Broad street. Nineteenth ward.
Mrs. Mary Elder, brick two-story, 20x17 feet,
on Penn avenue, between Forty-ninth and Fif
tieth streets. Eighteenth ward.
W. J. Baucker, brick two-story, 30x10 feet, on
Center avenue, between Aiken and Graham
streets. Twentieth ward.
J. W. Thompson, brick twd-story. 27x36 feet,
on Frankstown avenue, near Long street.
Twenty-first ward.
David Shearing, brick two-story, 16x31 feet,
on Twenty-third street, between Jane and Mary
streets. Twenty-fifth ward.
Albert Rose, frame one-story, 12x16 feet, on
rear of 716 West Carson stteet. Thirty-fourth
ward.
George Schnidehutte, frame two-story, 16x32
auci, uu dbwwu street, aniriy-uim wara.
John Kloman, frame two-story, 16x16 feet, on
Horner street, near Wayne, Thirteenth ward.
Jacob Graboski. frame two-story, 17x32 feet,
on Thirtieth street, near Arch street. Thir
teenth ward.
J. Shaffer, two brick two-story, 31x17 feet, ou
Trent street. Eleventh ward.
J. F.& H. Hamilton, brick one-story. 22x23
feet, on Mulberry alley, between Twenty-fifth
and Twenty-sixth streets. Twelfth warrl.
W. C. George, frame two-story, 17xlS feet, on
Liberty avenue. Sixteenth ward, between
Thirty-ninth and Fortieth streets.
Tim McKiem, frame two-Story, 20x32 feet, on
corner of Thirty-third and Dickson streets.
Sixteenth ward.
John Horsfall, three frame two-story. 17x18
feet each, on Liberty avenue, between Thirty
ninth and Fortieth street. Sixteenth ward.
Watson Whitfield, two two-story frame, 17x
36 feet each, on Scioto street. Sixteenth ward.
Thomas McGowan, one two-story frame, 17x
IS feet, on Ella street. Sixteenth ward.
M. Donaly. frame two-story addition. 13x16
feet, on Carson street, between Thirty-fifth and
Thirty-sixth streets, Twenty-fourth ward.
Peter Miller, frame two-story addition, 12x20
feet, on Brownsville avenue, near Hill street.
Twenty-seventh ward.
C. Orsterle. frame l-story, 17x32 feet, on
Grant street. Twenty-seventh ward.
John Keyser, frame two-story, 17x31 feet, on
Somers street. Twenty-seventh ward.
Jos. Wagner, frame two-story, 22x16 feet, on
Hackstown road. Twenty-seventh ward.
1 Henry Bowers,frame two-story, 20x34 feet,
on Manton alley. Thirty-first ward.
EAILE0AD STATISTICS.
Progress of the Work ofGIrdllnsr the Earth
Income and Expenditures.
Mr. Henry C. Adams, the statistician of the
Inter-State Commerce Commission, in his first
annual report on the statistics of railways in
the United States for the fiscal year ended June
SO, 1SSS, states that 119,901 miles of railway ara
now in operation, which is one mile of road to
every 20.11 square miles of country, exclusive
ot Alaska. A summary of railway capital, rep
resenting 136,883 miles of line, shows the total
amount of stocks, bonds and other debt out
standing to be $8,129,787,731. or $C9,392 per mile
of road. Tbe total income from the same num
ber of miles of road is shown to be Sl.009,211,
691; the total expenditures, excluding better
ments, $SS7,1S9,C89.
From tables it is shown that the revenue per
passenger per mile is 2.319c.; average cost of
carrying one passenger one mile, 2.012c.: reve
nue per ton of ireight per mile. 1.001c.; average
cost of carrying one ton of freight one mile,
0.630c; revenue per train-mile, passenger
trains, $1,139; average cost of running a passen
ger train one mile, 81.691c.; revenue per train
mile, freight trains, $1,657; average cost of run
ning a freight train one mile, $1,038; average
ccst per train-mile of all trains earning reve
nue, VU.VUW-, pviLcjiuiiffl ui uperaung expenses
to operating Income, 65.31c. In a table classi
fying the stock and bonded debt according to
revenue paid It is shown that $24171.200,906, or
61.11 per cent of the total stock, and $827,551,319,
or 2LC9 per cent of the total bonded debt, pays
no revenue.
For a first volume of the kind this is a very
creditable performance, and as subsequent
volumes will have the advantage off nrtber ex
perience in this field of statistics to draw upon
they are likely to increase in value from year
to year.
A BETTER FEELING.
Steps Taken by the Cbtcaco Roads to Sleet
Canadian Competition Brace Up the
Stock Market Tbe Bank
Statement Another Good
Feature Best Prices
nt the Close.
New York, August 21. The action of the
Chicago roads to cancel all proportional tariffs
and to endeavor to find some other way to meet
Canadian competition, which places matters
back to where they were before tbe late sensa
tional cut by the Chicago, Burlington and
Northern, was the occasion of a somewhat bet
ter feeling in tbe stock market this morning,
and as London figures were again higher the
opening prices in this market was generally
from H to per cent higher than last even
ing's closing figures. The temper of the pro
fessionals, however, was still conservatively
bearish, and tbe buying orders from the
foreigners were met by further pressure from
the traders which made for a short time a little
animation in the market. This soon died away,
however, and after slight farther gains the
market reacted and most of tbe gains brought
down to a shade below tbe opening prices.
Richmond and West Point was only really
weak point, though It "Was followed later by
Cleveland, Columbus, Cincinnati and St, Louis,
the latter losing and the former percent.
This weakness was partially In anticipation of
another bad bank statement, but after the issue
of that document a better tone was apparent,
and in most cases the slight fractional losses
were recovered. The fluctuations were entirely
without significance, and tbe operations of the
day reflected only the whims ot tbe boardroom
traders, of which there was a slim attendance.
The close was very dull and steady at about
" 1889.
opening prices. The final changes were in no
case for more than a small fraction, and al
most invariably In the direction of higher
prices.
There was tbe usual dullness in railroad
bonds, the sales reaching only $303,000, and the
trading was as usual devoid of feature of any
kind. There was no perceptible movement
among the active issues, and tbe few important
changes were confined to the bonds which are
onlv traded in from time to time. Gulf, Colo
rado and Santa Fe firsts lost 2 at 10 The
sales of bonds for tbe week aggregated only
$4,036,000. aealnst $1,009,000 for last week.
The following table snows tne prices or active
stocks on the New York Stock Exchange yester
day. Corrected dally for THX DISPATCH by
WHiTifiT&STXrniMSON. oldest Pittsburg mem
bers of New York Stock Exchange, 57 Fourth ave
nue: Clos-Open-
High- Low- lng.
lor- est. est. Bid.
Am. Cotton on 49K S0! 50X
AtCU., lop. & .".... 3534 36 35K X5)i
Central of New Jersey H2K
Central Pacini 34ft ZiH Wi 3
Chesaneake ft Ohio.... 23 3'4 23 23
OBur.A OuH.er.....l03! 103M 103 103K
C, Mil. a St, Paul.... 70? 7l)K 89 7u?J
C Kockl. AP 97i 97jJ 97 97),
C St. L. ft Pitta 12
c. at. l. ft puts. pf. J4K
C. St. P..M. ftO KH
c. st. psi. fto.. pr. 95
C. ft Northwestern.. ..109 109K lC9'i 109K
Cft Northwestern. pf.l43ji 1UK 113K 143JJ
C, C, C. si.. 74Ji mi 7 74
0.. c. c. a I., pr 100 100 100 993
Col. Coal A Iron 27
Col. ft nocking Vai is .... U!l
Dei.. L. A VV. UiH 1UX WH 145
Del. ft Hudson 1WH
E.T.. Va. 40a 9H
E.T..Va. 4Ga. 1st pf. 70
E. T.. Va. Ga.2dpf. 21i
Illinois Central, 11SK
Lake Erin ft Western ISli
Lake Erie ft West. pr.. KH 63! tzi 63
Lake Snore ft M. a 102 102 102K K2K
LoulsvllleftNashvUle. 6S 69 68X 69
Mobile ft Ohio 13 13 13 13
Mo., Kan. ft Texas HV
Missouri Pacific 63 69X 6911 C3h
New xork Central 106
A. V.. L.E-ftW .27)1 MJ 27 H
N. XAN. E 134 19H 19X 49
ti. r.. O. ft V 17H
K or folk a Western H
Norfolk Western. Df. S2
northern Pacific 30H 30)1 SO
.Nortnern Pacific nref. tlji 68)2 67H 67K
Ohio ft Mississippi..... 2J
Oregon Improvement. S0) SI S0)j SI
Oregon Transcon...... 33 ESH 31 S3)
Pacific Mall 33Vt
Peo. Dec ft Evan 21X S 2lk 21
Phlladel. ft Heading.. 43J H 43)1 11
Pullman palace Car 178K
St. P., Minn, ft Man I01W
Texas Paclfle 20 20 19 19Ji
Union Pacific 61 mi 61 61
Wabasn 16X
Wabash preferred UK 31 31 3lh
Western Union S3tf 83k $3 S3
Wheeling ft L. . 69JJ 69)1 69)2 68)1
Sugar Trust 10S 109H K 14
National Lead Trust.. 23 23)1 22 23)4,
Chicago Gas Trust SStf tg 8) 68
Philadelphia Stocks.
Closing quotations of Philadelphia stocks, fur
nished by Whitney ft Stephenson, brokers. No. 57
Fourth avenue. Members New York Stock Ex
change. BM.
Pennsylvania Ballroad 62V
Keadlng 21
Buflalo. Pittsburg and Western 9
Lehigh Valley S3
Lehigh .Navigation 62
Northern Pacific SO
Northern Paclfio preferred 67)4
Asked.
62
2113-16
63H
80)1
67
Boston Stock.
Atch.ftTop..lst7s. lOlii
A.ftT. LandGrt7s.lOS
Atch. ATop.lt. K... UK
Wis. Central, com..,
Wis. Central pf...
AltnnaiAf vf-nrnawl
23X
. 60
.50
227
9.1-
:S.
, 2
63
230
S
105
.Boston a JUQany...zi7)f
Boston ft Maine. ....200)4
C. B. ftQ. 103H
K.CSt. J. ft C.B. 7S.122)!
Mexican Cen. com.. 11
Mex.C.lstmtg.bds. 67)4
-N. Y. AJiewEng... 43H
K. Y. ft N.E.7S.... 2SM
Old Colony 17
Uutland preferred.. 11
Calumet ft Hecla...
rranxun.
Huron
Osceola.
Pewable (new) ,
Qulney
Hen Telepnone.....
1 Tamarack
Bnslnesa Notes.
Henkt SL Lono unloaded SO shares of
Electric
Sfboul & LAwxxircz sold Central Traction
and bought La Norla.
A. G. Byebs, of Ewing & Byei3, real estate,
has returned from bis vacation.
Tsz oil market responds more Quickly to
bearish news than to that of the other kind.
Now that Mr. Mustin is back, look out for a
boom in Central Traction. Forty is his figure.
The sales of stocks last week, so 'far as re
ported, were 2,535 shares. La Norla led, with
Cattaix Baetjotjk thinks something will
happen to the stock market In about two
weeks.
Gbouxd was broken at Edgewood last week
for several dwelling houses. There are very
few vacant lots left there.
The roof is being put on the new Catholic
church at Wilkinsburg. It will be the largest
church edifice In the borough. '
One hundred xsn sevejttt-itcke real
estate transfers and 112 mortgages were record
ed last week, representing JUS.USJ.
At a meeting on 'Change at noon yesterday
the proposition to use the surplus funds to buy
up Exchange stock was laid on the table. For
quick meetings Pittsburg brokers take the
cake.
Chicago market.
Cnicxao There was a tame closing to as
dull and uninteresting a week In the wheat
market as has been witnessed since the new
crop began to move. Fluctuations in specula
tive values were narrow in the extreme, as news
was so scarce that there were no disturbing In
fluences. Local operators were again more
Inclined to even up their trades than to pnt out
fresh lines, both sides being quite willing,
apparently, to await developments in tbe
Northwest. The near future of the market
will undoubtedly hinge 'on the character of
movement of the new spring crop out of first
hands.
The bears are counting with great assurance
on a general let down In markets as soon as the
weight of Northwestern wheat is f el t. August
wheat was fully as weak as the more distant
futures. Speculative trading was almost en
tirely local and largely in December, which
firmed up KKc, then broke Kc, and closed
practically at bottom, or at TlQTiiic, which was
c below yesterday's closing prices.
LITE STOCK MARKETS.
The Condition of Business at the East Liberty
Stock Yards.
OJTICE orPlTTSBOTtO Dispatch, 1
SATUBDAT, August 21, 1889.
Cattle Receipts, ISO head; shipments,
2S0 head: market prospects dull; nothing do
ing; all through consignments; no cattle ship
ped to New York to-day.
Hoos Receipts. 1,300 nead: shipments. 1,100
head; market slow on heavy; fair on lights;
light Yorkers, $1 00i 65: grassers, $1 35
1 10; medium and light Phlladelpbias, f 1 10
1 50; heavy hogs, $1 30Q1 S3; one car of hogs
shipped to New York to-day.
Sheep Receipts, 1,000 head; shipments, 1,200
head; market dull.
ART MATTERS AT HOME.
The sixth year ot the Pittsburg Art School
opens September 23.
Mb. H. S. Stevenson has quite a clever
little water color in Mayer's window. The sub
ject is a landscape of a quiet and subdued tone
ot color, and the work is carried to a higher de
gree of finish than has lately beeu customary
with this artist,
Mb. Potter P aimer, of Chicago, offers
two prizes of $500 each for the best landscape or
marine, and tbe best figure picture. The works
must be by citizens of the United States, and
must have been painted during the past live
years. The prizes will be awarded at the sev
enteenth annual Inter-State Industrial exhibi
tion, wnlch opens at Chicago on September 1.
Miss Masoe Isvnr has secured a prize in
the shape of a fine specimen of the St. Bernard
dog, which she chanced to notice passing in
front of ber father's residence. The dog is a
particularly fine one, and Miss Irvln's desire to
haVe him for a model having become known to
the owner, he promptly placed tbe animal at
ber disposal for that purpose, and she has gone
to work enthusiastically to transfer his likeness
to canvas.
There Is something particularly striking
about the picture "Diana," by Sydney W. Ches
ton, a fine photogravure or which Is shown at
Young's. In the pose of the figure and In tbe
arrangement of light and shade there is mani
fest an unusual degree of originality and artis
tic skill. At the same place Is shown a very
clever etching by Thomas R. Manlej entitled
The Golden Gate of Eventide." In tb mat
ter of composition this etching bears a decided
resemblance to tbe work of Corot,
During the past week, there has been ex
hibited at Young's a portrait by Mr. Charles
Walz of Captain Ford, a gentleman who is well
known in this city through bis large interests
in the plate glass manufacturing business. The
Captain is an excellent subject for artistlo
portraiture, being a large, fine-looking man
with a bead and face of strongly marked and
individual character. Mr. Walt is evidently of
this opinion, and In the portrait mentioned he
has conscientiously endeavored to do justice to
his subject, and has sneceeded in producing
one of tbe best works that he has yet shown In
the line of portraits In OIL Tbe coloring and
modeling of tho flesh tints have been very
cleverly managed, and for that matter, the
same may bo said of the balance of tho picture,
though of course In the drapery and ba s
ground it is a matter of less Importance. Ic
usually extremely difficult to paint portrcs
either to the satisfaction of tbe artist oa"
those for whom the work Is executed, r t
this instance it would seem that Mr. Wai. '?
surely have succeeded fairly weU in pleasing
bn?SZpictttT" bJr ench artists have
ertvof "TOUl'spIe's. They, re the prop
nnmh ! "ma eontlemanwho H" bad a
taL?t f .7rkS 0f a MmUar character
f.ui v eht P'c'h" noticed a few weeks
naint. painUnB5onTlew at Present were
i5 - 4 "S6. br Sim"" and the other by
.iaC" pIctnra the first mentioned
oelnl a von67 ord,nary production, the subject
andwlthiWoman "work in a barnyard.
o?exeentfn5ll,JF.a.b,nt.lt e"hrin conception
Ska It wh Sh 1 di3!ii:nlsh it from many others
ent nar?, , ? . h Pr?dncd every year in dlffer
f ??of the worla- Tbe Painting by Selguac
work .nhimZOCOm?le.t0 nS carefully finished
wmnA'&ZF'"??0 "fflcient merit to have
sa?or? T .nMab.10. meotln" in tne Paris
hn,i JH. ,nbJec J a cene of borne life.
flVnriSl tbe ,lnterir of a dwelling with several
SSeriJf5fsht Plnt ot ln,ere9t- ne s
holdinV I? So.th. aUDS around a flowerpot,
never foi,rt?s? bef though she meant
sun ImJiriZi1 ,a.Plni beside b tands a
nartn?ifLClliIdi0ldinafew loose flowers.
bv-oartaJCbwbichJiseen on the fl0r close
d?en jVfr?line8ndbendlnETer tne CII
bw th.il f 5?re of a Jrounr woman presuma-4nI..Se.-Inotber'and
who ls apparently ad
tlii?fCinf.ma,tterindisPat8 tween them.
lUverAW.e,liaIaned.co.,nPositlon. and w'"
lSno-HJi? foJK eflect, of color and careful
picture!, sa:Jsractory a effective
.1U ex,sts at Present a rapidly Increasing
school of painters who strongly favor a style of
p cture which may be begun and finished
directly from nature, which is perf-ctly proper,
and. as a class of painters, they are of the ut
most importance to the progress of art, and
they exercise therein an almost Incalculable
Influence for good, but this fact does not jus
tify them in a ssumine that theirs ls the only
way of doing excellent work and decrying all
othe.- methods of procedure as false and wrong:
In the practice of art every method ls right by
which a noble end ls attained, and the purpose
sought to be accomplished and tho truths to
which an artist desires to give expression in a
..uio f.uiieu vrnony or in part in the studio.
are frequently quite different from those In
works painted altogether from nature. Of
course. It is only the branch of art which deals
with landscape and marine painting to which
reference Is being made the value ot purely
Ideal pictures of every other kind and character
is not often disputed but even here, restricted
to a single field of work, the purposes of art are
practically illimitable, and call for the employ
ment of every possible method. "Art is long
and time ls fleeting" ls a truth that applies to
the production of a single picture, no less than
to the subject in general, and there are many
ends to be attained In landscape painting
which cannot be accomplished directly from
nature, but for which the artist must have
recourse to the storehouse of knowledee and
memory. If a picture be of such character
and proportions that its production involves
the labor of six months, or for that matter,
even- a much shorter period of time, it is quite
evident that it cannot be completed from
nature. Again, if the subject represented be
a bucuo ujr uiuuuiJKut, a sunset or a storm,
what becomes of the artist who works only
from nature! An artist cannot paint by moon
light; if be would depict a sunset the effect
which he desires to reproduce will be before
him for the space of five minutes at the
utmost, and then disappear to be seen,
in all probability. never again; If
be paints a storm, the mists and
clouds roll and change with every
momentCvtime, and colors used underacloudy,
stormy sky are apt to appear all wrong to
gether when seen by the light of an ordinary
sunny day. Moreover, there are other things
beside simple truth which are at times desir
able. An artist must invest his work with some
of his own individuality; he must sometimes
give it a style and dignity of composition that
can only be evolved out of his own innate sense
of the beautiful and the true, and which is ar
rived at only as the resnlt ot long continued
labor and thought. In all the foregoing there
is no intention of decrying the growine retrard
for work done out of doors. No artist ever yet
Btudled natnre too closely or too devotedly for
his own good, and many of them attach alto
gether too little importance to ber teachings.
Everything In art must be founded upon nature
and nature's trutb, but tbegrandest effects of
workings of natural laws are entirely too fleet
ing for the artist to grasp them otherwise than
by tne exercise of bis memory. The scope ot art
is very vast: the ends to be obtained are many
and diversified, and he who would speak the lan
guage of art with any degree of fluency must
call to his aid every means which leads to the
acquirement ot knowledge and power of ex
pression. M. G. Cohen-, diamond expert-and Jevri
eler, lormerly corner Fifth ave. and Mar
ket st, now at 633 Smithfleld st,
Babgaxxs in Linen Department this
week; 100 dozen Napkins at $1.35 a dozen,
good value at $2.60. Huous & Hacks.
When baby was sick, we gave her Castorla,
When she was a Child, she cried for Castoria,
When she became Miss, she clung to Castorla,
When she had Children,she gave them Castorla
aD9-77-anvTSU
BROKERS FINANCIAL.
-TTTHITNEY 4 STEPHENSON,
a FOURTH AVENUE.
Issue travelers' credits through Messrs. DrexeL
Morgan Sc Co., New York. Passports procured.
ap2S-l
COMMISSION,
Railroad I Mining
Stocks, Stocks.
oil I6
WndM flWTl SnTTlF.?.roashor on margin,
either an New York.
San Francisco, Philadelphia jr Boston Ex
changes. Loans made at low rates of interest.
Established 1876. -Weekly Circular FREE,
A. R. CHISHOLM & CO., SI Broadway, N. Y.
mhl3-97-8U
M OAKLEY & CO
'J
BANKERS AND BROKERS,
4.5 SIXTH ST.
Private wire to New York Stock
Exchange, New York Petroleum
Exchange, New York Coffee Ex
change, Chicago Board of Trade.
aul8-65--WTSa
$225,000.
P
OR SALE-$225.000 GENERAL MORT
GAGE LONDS OF THE
FEDERAL ST. AND PLEASANT VALLEY
PASSENGER RAILWAY CO.
The entire issue being 300,000 on the prop
erty and franchises of the company, iaclnding
all Its consolidated lines, 575,000 being retained
by tho Fidelity Tile and Trust Company, or
Pittsburg, trustee, with which to pay $75,000 of
a prior issue at maturity. Bonds are for 51,000
each, payable in 30 years, free of all taxes.
Interest at 5 per cent, payable semi-annually,
beginning July 1, 1SS9, Proposals for all or any
part of these bonds will be received by tbe
Treasurer of the company up to and including
the 31st day ot August, and allotments made
thereunder accrued interest must be added to
tbe price of bonds. At from $113 63 to SI05
these bonds will yield from 4 to 4 6-10 per cent.
The company reserves the right to reject any
and all bids.
For further information address the Treas
urer. R. F. RAMSEY.
85 Fifth Ave., Pittsburg, Pa,
aull-37.11,ll,llU8,20,22,25.2a.30
JOHN M. OAKLEY & C0.(
BANKERS AND BROKERS.
Members Chicago Board of7 Trade and
Pittsburg Petroleum Exchange.
45 SIXTH ST, Pittsburg.
RIALTO BUILDING, Chicago.
nu29lrrsa ,
TS.
A EST END STOEY.j
j
4
Mrs. Zimmerman Graphically Telisj
Her Experience.
A CAN0NSBURG REMINISCENCE.
Directly across what is known as tho
Point bridge, which spans the Monongaheiaj
river at its intersection with the Allegheny,!
is situated a suburb of Pittsburg called the
"West End. This extends far back into the !;
hills and valleys, and to the old citizen it is '
familiarly known as Temperance ville. It
is notable for the 'number of iron works
which line the river bank for several squares.
Leaving the busy portion, the visitor soon
enters the pretty part of the suburb. Hand
some residences can be seen on all sides.
with lawns in front, decorated with flowers
and here and there a fountain.
It was in a residence on Catherine street ,
in this suburb, directly back of the "West-'
lake school house, that the writer met Mrs.
Caroline Zimmerman, a lady who has lived
in the West End for a long time, and is
well known throughout the community. In
an interview she said:
"I have been troubled with colds and
headache for over twelve years. In all that
time I did not know what it was to enjoy ,
what I call a well day. My head was .
stopped up and felt dry and leverish. I
had a severe pain in it continually. At first
it was a dull, heavy feeling over the eyes, 1
but gradually it extended entirely around
my head. My nose was clogged up so that .
I could scarcely breathe through it. My v
eyes became inflamed and watery, and my ;
sight was seriously impaired.
"I had a hard cough and raised dark,?
yeuow mucus, wbicn was alterwara inter
mingled with blood.
Mrs. Carolina Zimmerman, Calheriuc Street.
"After a time I began to grow worse rap
idly. I would have severe pains in my
breast. They would come on me suddenly.
Sometimes they would be so severe as to al
most take mybreath away. There was a
twitching sensation about my heart. Some
times my heart would palpitate rapidly,
and then beat slow and irregularly! This
would be followed by a feeling of dizziness,
as though I was going to faint.
"My throat was sore and inflamed. At
times my neck would feel lame and swollen.
Sometimes I would become so hoarse that I
could not speak above a whisper. There
seemed to be a lump in my throat which I '
could not get up or down. I could feel the '
mucus dropping back into my throat, and "
when I would lay down it almost stran
gled me.
My whole system at length became affected,
and Ilost rapidly in flesh and strength. I
had night sweats. My sleep was broken. I
would get up in the morning feeling more
tired than when I went to bed at night, 1
"I could not eat at all in the morning,and '
very little at any other time. Alter eating' i
x wuuiu leei inclined to vomit, and It was
only by an effort that I could retain any
food on tay stomach. I
"I became alarmed at mv condition and
tried various medicines and different physi
cians, spending large sums of money with
out obtaining any relief.
"It was when I was feelin? the verrwont.
and had about given up all hopes of getting' 1
cured, that I noticed a case in the newspapers J
which was similar to m ine that Doctor Cnnc-.
land and Blair had treated successfully. X)1
wiieu uu ,uciu, duu uuiwn taeir cnarges reason
able. Dlaced mvself under thalrnr.
"I began to notice an improvement in mr3
condition in a very short time. First my head '3
am luiva, vciAuio viear. a ssa no morog
trouble with mv eyes. The night sweats7
ceased. My cough left me. Tbe pain in myl
breast gradually disappeared, and my heart beat
reirularlr. In fact. I am entlrelr cnr.il nil . :
as well to-dav as 1 was 12 years ago. I owe myii
icwicij .v iwwn vujwuuu ana xjair, anuu
mm. 1. uu uiura uiau rigu& mat x snouio. make
mis statement.
LOOKING BACKWARD.
Preliminary Training st Bellevue Hospital
Noting Credentials.
An article in one of the Pittsburg daily.
papers some time. ago gave something of a
personal nature regarding Drs. Copeland
Blair, which may be not entirely withon
interest at this time. It contained the fol
lowing:
''Graduated at Bellevue Hospital Medical
College, New Xork, after years devoted to
hospital and infirmary practice in the spe
cial lines mentioned below, Dr. "W. HV
Copeland has been for some time located in,
Pittsburg.
"Passed through a similar course, and1
niter years 01 post graduate study in the
New York Polyclinic. New York Eve and
Eas Infirmary, Manhattan, Bellevue and
other large hospitals, Dr. Blair also devoted
himself entirely to treatment of troubles
the eye, ear, throat and lungs, and the re-'
suits of their work In this city in tha
specialties mentioned have been indicated,
from time to time in the dallvDaners.and h.i
how complete and painstaking was their prep-f.
aratiuu.
"Their credentials and indorsements are in
deed noteworthy. In ceneral. there is no hli-hr
collegiate medical authority in the country;1
man tust reieireu. to neiievue jiospitai;
locally, no higher than that ot tbe Western.'
Pennsylvania Medical College of Plttsburg.
whlcb, April 8, 1SS9, through Its' dean ano
lacuitr. anu. alter a searcamir examination.
placed its formal written Indorsement upon tha
ujpiouiaa 111 uuui xt. .opeianu, ana ut. Diaix.
Treated by Mail.
Some time ago Mr. M. C. "Wilson, otl
Canonsburg, Pa., .placed himself under!
treatment, by mail, with Drs. Copeland &1
Blair. His catarrhal trouble had extended!
until it had involved his whole system. Ial
stating his case by letter early in' July hs
complained of a full, heavy feeling in his
head over the eyes, a bad taste in themout
couching and raising phlegm, dimness of
siirht. sharp pains in the chest with a tichtl
pinched feelln.T and soreness In the lungs, aad.1
a weait anu euuay conuition 01 tne limos.
July 25 he wrote: "I am improving steadily;
feel ever so much better than I have In years.''
Ant 8 he wrote: "Mv bead and throat ft
clear. I sleep well and eat well, and feel bsttarj
in every way." Aug. 16 be wrote: "I feel like a,
different being from the one I was when I cotsw
menced your treatment, and I am quite wilMajc
taa suuit iMieiucuh u& wuti,juur treatment,
I,-. Ann fn. n,A amn1rl I.A mmilm !,.& ...
UA0 UWUW . M.V ....., vw H.HMV M. Ill, 1
pers."
DOCTORS
II MAI!
Are located permanently at
66 SIXTH AVENUE.
Offica fmnrw-C in 11 a v Q K r w
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jr. ju ouuujr luciaaeaj.
opecuuuM UAiAHKU, ha -AT.T. J)J
fAgw oi-xbo 15 Xi EAR,. 2ZK0.4T
AJWMVOsj
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