Pittsburg dispatch. (Pittsburg [Pa.]) 1880-1923, August 30, 1889, Image 7

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    5 THE TREND OF TRADE.
- live Stock al Liberty-Big Receipts
of Low Grade Cattle.
f;
t
MARKETS DRAG IN ALL BDT PRIMES
Active Demand and Strong Prices for
Heavr Steer Hides.
GOOD EXPORT DEMAND FOE LEATHER.
Office of Pittsburg Dispatch, 1
Thursday, August 29, 1889. f
The run at Liberty this weei was the
largest of the season and quality the
poorest. The total was about 168 car loads
or upward of 3,000 head. Receipts last
week were unusually large, but this week's
record is fully 500 head larger. In the
entire lot received this week there were not
above 150 head of beeres wanted by ex
porters, and there were no strictly primes.
Chicago furnished 55 to 0 car leads ot stock
which were no donbt the cullmgs after ex
porters bad gathered in all cattle suitable for
tbeir purposes. To the discomfiture of drovers,
there were, in addition to the large quantity of
low grade stock from Chicago, an unusual
number of the same grade from Ohio and Indi
ana on the market. This combination of evil
influences had a demoralizing influence on
trade, and markets were the meanest of the
season. Notwithstanding drovers bought in
Chicago lower than for some time past the
majority must have suffered loss on this
week's operations. Sales were only made by
liberal concessions, and at noon to-day, there
were a goodly number of poor cattle on hand
waiting for buyers. Only the best butcher
grades neld their own, and this becanse of their
scarcity. The run of sheep and lambs was
light and markets slow at a reduction of 25 to
40 per cent.
The bogs on market this week were, in the
main, grass and stubble fed, and for this grade,
trade was slow. The best bogs on the market
are from the far West where corn is abundant
and cheap. Buyers give the preference to
hogs that are far traveled or those from conntles
where corn abonnds. Stubbles and grassers
are slow sale.
Sales of bogs for the week at the East Liber
ty yards were as follows:
Thursday '376 head
frlday 874 head
Saturday tM head
Mounay 2,SC head
Tuesday 6 head
ednesday 1,462 bead
Total 6,501 bead
l.ast week's total 7,871 bead
l'revlous week's total 7,6X3 head
SALES OF SHEEP FOR THIS WEEK.
Thursday...... head
Irlday 550 head
Saturday 1,139 head
Monday 4,278 head
Tuesday 1.W4 head
Yi eduesday 93 head
Total 7,794 head
Last week 12,33 head
Previous week 8,182 head
Owing to the absence of Weighmaster Dun
keld, the receipts of cattle, sheep and bogs
nere not obtainable this week at the East Lib
erty yards. Hence the figures we give are only
proxlmatcexcept as to sales of sheep and bogs.
Through shipments of cattle are necessarily
omitted from onr report, as are also local re
ceipts and sales.
Hides Leather.
Demand is active and prices are firm for
heavy steer bides. Country stock enred moves
freely at 8c packers at Sc per pound. Buffs
are quiet at 5c, and calf skins at 6c The
July and August trade has held up fairly well,
and as regards amount of goods bandied has
lwen larger than for the corresponding months
of last) ear in this market. Prices, lion ever,
have been lower and margins of profit closer
than for many Tears past. The low prices of
American sole and finished leather have stimu
lated export demand in the past f e w w eeks.
Advices from Boston, which is the headquar
ters for this line of leather, show that unusual
ly large quantities of stock have been b tught
there of lata on English account.
Two English buyers are estimated to have
bought 10,009 sides of glote grain leather in
Boston last week, and 60,000 sides of sole
leather were sold in the same city for export to
.England within a couple of weeks.
Domestic demand has improved slightly since
foreign exportations became active. One of
our leading dealers in bides received from a
. BostvJ'K'de firm within a day or two the fol-Ioivinj-Zement
or the situation: "Hides fair
ly fin? Tanners are buying m in limited
quantity. Buff bides quiet Heavy cows dull.
Seasonable goods good." As to seasonable
goods t'.'e explanation given was that season
able goods arc such hides as are taken off at
this season.
Boston banks have been fighting shy of tan
ners' paper of late on account of heavy failures
in this department of trade.
A leading commercial bulletin of that citv
sai s in substance: Banks are cautious about
taking this class of paper, but, as dealers will
be getting returns for goods in the next SO or
GO days, the situation will improve.
The New England hide and leather interest
for the past year has found ba.d roads to
travel, and some apparently strong firms nave
gone to the walL In this city there are no
signs of a collapse. Though margins are closer
than for many years, the bide and leather
industries of Pittsburg are on a solid bais,
and can withstand many such storms as those
which have overwhelmed Eastern manufacturers.
LIVE STOCK MARKETS.
The Condition of Easiness nt the East Libera
titock Vnrda.
Office of Pittsburg Dispatch,!
THURSDAY. August 29, lSSi J"
CATTLE Receipts, C20 head; shipments,
.TOO head; market, nothing doing; prices un--changed;
no cattle shipped to New York
to-day.
Hoos Receipts. 2,000 nead; shipments, 1,800
bead: market fair; best light Yorkers, J4 70
1 80; light Yorkers. H 604 65; grassers, S4 50
tit 00; medium and light Philadelphia. 14 CO
1 C5; heavy hogs, H 40g4 50; four cars of
bogs shipped to New York to-dav.
sheep Receipt". 1,000 head; shipments, LOOO
head; market fair and prices unchanged.
By Telegraph.
New York Beeves Receipts. 160 head,
mainly for exportation: no trading in beef
cattle: market steady for dressed beef at 6Ji
7i c per pound for native sides, and 4JS5Vc for
Texas stock: exports 570 beeves and 70 sheen.
To-day's Liverpool cable quotes American re
frigerator beef dull at scant SWc per pound.
Calves Receipts, 670 head; market hrm for
veals, barelv steady lor other sorts; veals sola
at 5 007 25 per 100 pounds, grassers and but
termilk calves at $2 503 25, western calves at
00l 25. Sheep Receipts. 5.100 Jiead. and
1,500 were carried over yescerday: market firm
and steady for good offerings, weak for com
mon; sheep sold for S3 755 25 per 100 ponnds:
lambsattf 0006 70. with a few choice lambs at
S7 00. Hogs Receipt". 1.300 head; market dull
for live bogs at S3 604 75.
Chicago Cattle Receipts. 16,500 headship
menu. 4,000 bead; market active, but weak
and 10c lower; beeves, tl 404 87U; steers,
$2 8j4 35: Blockers and leeders. tl 002 00:
cows, bulls and mixed. $1 002 85; Texas cattle.
1 252 50; nith es and half breeds, $3 00
o on. iiup xicceijiia, ii,uaj neaa: snipments,
6,000; market slow; shipping demand good;
mixed. S3 754 30: heavy. S3 554 10; light.
S3 854 65: skins, $3 4u4 35. Sheep Re
ceipts. 3,000 head; shipments, 2.000 head: mar
ket slow and weaker; natives. S3 404 40;
western. S3 354 00; Texans, S3 404 00; lambs.
405 60.
Kansas Crrr Cattle Receipts, 6.342 head;
shipments, 4,490 bead; market badly demor
alized, tendency downward and quotations
difBcult to give correctly; good to choice corn
fed steers. S3 o54 15: common to medium, 3 00
3 75: stockers and feeders. Si 6003 10: cows,
113562 55; gras range steers, Jl 602 6a Hogs
Receipts. 2,702 head; shipments, 826 head:
firm to 5c higher; good to choice light. 54 20
4 32H; beaw and mixed, S3 50Q4 13. Sheep
Receipts, 105 head; shipments, none; market
steady; good to choice muttons, S3 003 90:
common to medium, S2 253 40.
ST. Louis Cattle Receipts, 3.100 head;
shipments. 3,900 head; market demoralized;
choice heavy native steers, $3 90S4 20; fair to
good do. S3 6004 00; stockers and feeders. S2 00
2 80; range steers, 12 102 5a Hoes Re
ceipts. 2,500 head: shipments, LlOO head: mar
ket slow; fair to choice heavy, S3 804 10:
packing grades. S3 G03 90; light grades, fair
to best, 4 104 35. Sheep Receipts. 3,200
head; shipments. 1.800 head; market steady:
fair to choice, S3 304 25. '
Buffalo Cattle nothing doing; receipts, 40
loads through; 6 loads sale. Sheep and lambs
active and higher; receipts, 7 loads through;
6 loads sale; sheep, good to best, $5 85; Canada
lambs, good to best, te 2a. Hogs Receipts, 11
loads throngh;20 loads sale; market fairly active
at 610c lower on Yorkers; steady on other
grades; mediums and beaw, S4 204 60; com
Yorkers, S4 D04 75; grass to good l'orkers,
1 2ol 60.
ClNCECMATl Hogs easier; common and
light, S3 5004 60: packing and butchers. S4 10
u; receipts, j,vuu neaa; shipments, 660 bead.
MABKETSJY WIRE.
Nervous Feeling In the Wheat Pit A Home
Estimate of the World's Supply
Slight Fluctuations and a
Weak Wlnd-Up.
Chicago The wheat market was active,
but nervous to-day and fluctuations in prices
were frequent, though the extreme range was
not as wide as yesterday. The opening for
futures was easy, as early cables were c lower
and the market here was weaker in sympathy.
It was reported that a private cable had been
received In New York saying that the Vienna
Seed Congress was made up ot wheat owners
and that their report was prejudiced and
colored to suit their personal views. The most
potent factor in the way of news was the esti
mate of the Cincinnati Price Current, placing
the European crop shortage at 40,000,000 bush
els and making the world's wheat supply equal
to that of last year.
The bulls were encouraged by the continued
excellent demand.here for round lots of both
No. 2 and No. 3 wheat for export. It is safe to
say that about 500.000 bushels have been ar
ranged for during the past two days. A big
lot of wheat was reported to have been taken
for export at Duluth by Chicago parties. This
anxiety on the part of foreigners to get hold of
cash property is regarded as a strong feature
in the market, despite the fact that public
cables continue indifferent and weak. Fluc
tuations here were within a little less than. 1
cent range and final closings for futures were
Kc lower than yesterday.
Corn was active and unsettled. Tbe market
was Arm early, but weaker later. The early
strength was due to rnmored cold wave from
the Northwest, which started local shorts to
covering, and prices were advanced in conse
quence. Tbe fine weather and large receipts,
however, continue to bo tbe chief bearish
factor, but there is less disposition on the part
of the local crowd to sell short. Tbe market
opened at yesterday's closing prices; was firm
for a time, and sold up y,c out ruled easier
and declined 'AQfic; became firmer and closed
a shade higher than yesterday.
Oats were weak and lie lower for the near
futures, owing to liberal selling by longs, con
tinued tine weather and liberal receipts. Way
was traded in freely and prices receded Yac, but
later reacted and closed steady.
Trading was active in n-ess pork, tho market
being unsettled. Tbe market was strong early
and prices were advanced 20c; followed by a re
action of 510c Later prices advanced 15Q20C,
but liberal offerings caused a reduction ot 254
30c. At tbe close prices rallied 2025c; closing
steady.
A fairly active trade reported in lard market.
and tbe feeling was steadier; prices exhibited
no change.
Trading was active in short ribs, and the feel
ing was strong. Prices were well supported at 5
10c advance.
The leading futures ranged as follows-
Wheat No. 2. September. 77K67877J
77c: December, 78K79K7979VJc: year,
77$ 77K67777Xc; Slav. Bb&82&3Kc.
Corn No, 2, September, 33K33633
t?33Jc; October, 3333c; December, S3Ji
33K33K33Kc
Oats No. 2, September. 19Ji19?sC October,
19JK201820c; December. 2U20Uc.
Mess Pork, per bbk September. 59 80010 15
9 h010 05: October,S9 8210 209 82X610 15;
January, w uatro ua.
Lard, per 100 0s September. $5 975 97X;
October. S5 975 975 955 95; January,
S5 77J5 80.
Short Ribs, per 100 Bs. September. Si 80
4 95, 804 95: October, SI 854 954 S54 95:
January. $4 604 6a
Cash quotations were as follows: Flour
quiet and unchanged. N o. 2 spring wheat,77Jc:
No. 3 spring wheat 7072c; No. 2
red, 77c No. 2 corn. 33Xc Ino. 2 oats, 19c.
No. 2 rye.42Xc. No. 2 barley. 63667c; No. 1
flaxseed. SI 26V. Prime timothy seed, SI 34.
Mess pork, per bM. S10 1012 5a Lard, per 100
pounds. S6 02X6 05. Short rib sides (loose),
l 95. Receipts FlouV.13.000 barrels; wbeaLHO.
000 bushels; corn. 620,000 bushels; oats, 287,000
bushels; rye, 18.000 bushes; barley. 6,000 bushels.
Shipments Flour, 10 000 barrels: wheat, 47.
000 (bushels: corn. 596,000 bushels: oats. 317,000
bushels; rye. 19,000busbels; barley.1,000 bushels.
On the Produce Exchange to-day the butter
market was fairly active and unchanged.
r.ggs, HBUJiC
New York Flour fairly active and steady.
Cornmeal dull. Wheat Spot dull and irregu
lar, closing steady; options moderately active
and irregular, closing steady. Corn Spot
steady and qulet;options quiet and iie lower
on early months, steady on late month. Oats
Spot moderately active and firm; options
stronger and fairly active. Hops quiet and
weak. Coffee Options opened steady. Feb
ruary up, others unchanged, closed from 510
Eolnts up: sales, 56,000 bags. Including Septem
er, 15.25015.40c: October, 15.3515.45c:Novem-
Der. is 33&i;xouc; Decern uer, ia.40lo.aoc; May,
15.5515.6oc: spot Rio firm and active
at lSXc Sugar Raw dull and nominally
lower; refined steady and in fair
demand. Molasses Foreign nominal.
Rice In moderate demand and steady. Cotton
seed oil duIL Tallow stronger; city. 413-16
4Kc Rosin steady and quiet. Turpentine dull
at 4J4lc. Ecgs firm; western, 1719c: re
ceipts. 3,678 packages." Pork"stronger; mess,
inspected, Sll S711 S7Xl do, uninspected,
Sll 0011 12. Cuimeats quiet. Lard easier,
sales western steam. S6 4U6 45. closing at
S6 406 42X; sales September. S6 366 37, clos
ing at S6 37; October. 863566 36. closing at S6 34
bid; Novetaber, S6 21 asked; December, S6 20
asked; January, S6 176 18, closing at S6 18
asked. Butter quiet .tnd steady for extra;
western dairy. 912c: do creamery, lllSXc
Cheese weak; western. 67c.
St. Louis Flonr quiet and easy, but un
changed. Wheit Dnll cables. favnriWn
weather, large receipts and r aak markets at
other points gave lower opening. Buying was
good and there was a slight reaction which -nas
aftern ard lost. The sharp advance at Chicago
stirred up and sent the price up stiffly, then
followed another relapse, but close was Vic
aove yesti-rday; No. 2 red, cash. 76c; August.
76076XC, closed at76c asked: September. 76
76Xc, closed at 76c asked: December. 77k
78Xc closed at 7SJ; May. 82X83c closed at
o.K uia. worn weaker; no. mixed, cash. 30
30ic; Angnst, 30c bid; September. 80X31c
closed at.31Xc bid; October, 30Ji31c, closed at
30Jic bid; December. 30X30?b. closed at30ife:
ve ir, 30K6.tfJ-4c. closed at J$yii: May. 32)
32Jc, closed at 32Jc bid. Oats quiet: No. 2
cash. 18C: May. 22cbid: September. 18c Md.
Rye dull and lower to sell; No. 2.38VC39c
Flaxseed higher with sales at SI 231 24. Pro
visions firm, hut quiet.
Philadelphia Klour Demand very slow
and market weak. Wheat weak; steamer No. 2
red in export elevator. 81c; steamer No. 2 red,
SOJic: No. 2 red, 83c: No. 2 red, August, WA
83c: September. 8282Kc; October. 8283Kc;
November. 8ia84Xc torn Car lots Ua lower;
futures dull and weak; No. 2 mixed, in
rwenuetn street elevator, 43c; No. 2 vellow,
A Mnlr iln. V tt t 1 a . Illnun r
September.
vember. 42?i4iM'c
nnSif.lil. K!n 9.vf,ffa An 1 OC..!.... ,
in grain depot, 2oc; choice No. 2 white, in grain
depot. 2S2c; f mures weak and lower; No. 2
wmie, Aupusr. ziispic; septemner. Z7ecZ7Kc:
October. 27JiWc; November, 2929Kc. Pro
visions quiet and prices ruled in buyers' favor.
Pork Mes, new. S13 0013 60; do prime mess,
new, $12 00; do family, S14 0ft Eggs Arm; Penn
sylvania firsts, 19c
Cincinnati Flour steady. Wheat in good
demand, firm: No.. 2 red. 76c: receipts, 6 000
busbels; shipments, 2.000 bushels. Corn
steady, firm: No. 2 mixed, 35c Oats firm; No.
2 mixed, 21c Rve quiet and firm; No. 2, 42c
Pork quiet at S10 62X. Lard stronger at S6.
Bulkmeatsflrm; shortribs,S5 ia Bacon stronger:
short clear. $6 12W. Butter steady. Sugar
quiet. Eggs steady at 14c Cheese firm.
Milwaukee Flour unchanged. Wheat
steady; cash. 74c: September. 74Jc Corn
quiet; No. 3. 32Kc Oats dull: No. 2 white. 22
22Xc Barley quiet; September, 59jc Rye
steadv: No. J, 42Jic Provisions firm. Pork,
cash. S10: September. S10. Lard, $5 97X: Sep
tember. So 97X. Cheese unchanged;cheddara,
8KSJic
Baltimore Provisions unchanged. Butter
firm; western packed, 1013c: creamery, 1718c.
Eggi strong at 18c Coffee haaa higher ten
dency; Rio fair. 18l?c
Toledo Cloverseed quiet; September,
S4 5.
WANTS TO' INVEST.'
The Beginning of a Dicker for a $50,
000 Business Stand.
PRESIDENT HERBST TALKS BACK.
How
an Ancestor of a Local Financier
Hissed a Colossal Fortune.
EFFECT OF THE COKE DEALS ON IRON
The Drycoods Market,
New York, August 29. There was a steady
trade in drygoods at both first and second
hands; tbe latter being quite active with a very
even distribution of demand. There was no
change in the market and no special Incident.
Prices continued firm as a rule, print cloths
alone showing any tendency to lower figures.
The tone of the market :s cheerful. Tbe man
ufacturing trade is beginning to operatejmore
freely, especially the white shirt trade All
kinds of bleached goods are in light snpply. The
demand for clothing woolens is moderate.
Dress goods continue in good request, and
flannels have more attention.
Negotiations were begun yesterday for the
purchase of a business stand on one of the
principal streets which will involve about
$50,000 for ground, building and stock.
The gentleman proposing to buy said: "I
have been in Pittsburg only a few weeks,
but I like the place. It has a busy,
bustling air that pleases me. I am a wall
paper manufacturer and think there is a
good opening here for that business. I am
looking at a stand and may buy it The
only trouble is the price, which is, I think, a
little too stpep. If 1 purchase I will start up
this fall."
The following communication, answering tho
criticisms of "Fair Play" on tho management
of the Independent Natural Gas Company, of
Sewickley, which appeared In this department
of The Dispatch yesterday, needs no further
explanation than to say that The Disfatch is
always willing, and even anxious, to give both
sides of all questions which come up for dis
cussion through its columns. Tbe more light
thrown on the management of corporations
the better for them and for the people.
Sewickley, Aug. 29.
To the Financial Editor of The Dispatch:
"Fair play" in a communication published
in the financial colnmn of your paper of this
date, reflecting upon the management of tbe
Independent Natural Gas Company of Sewick
ley, clearly shows by his misstatements that he
has been imposed upon. All the books and
papers of the Independent Natural Gas Com
pany are at all times open for examination of
any stockholder. Ift"Falr Play" will avail him
self of this privilege, be will no doubt gladly
correct every statement of his communication.
Tbe Independent Natural Gas Company has
been supplying gas scarcely four months, and
tbe present management has had bold only
about six months. Is it in the nature of things
to expect a dividend so soonf And then does
not every consumer of natural gas In Sewickley
get an equivalent to a big dividend by tbe ex
istence of tbe Independent Natural Gas Com
pany? Mr. "Fair Play," your wonderful per
sonal allusions are not in good taste
D. U. Hebbst, President
As quite a number of Pittsburgers have large
financial interests in Mexico, the following
summary of tbe situation there may be of con
siderable Importance to them and others. It
is copied from tbe Mexican Financier, a well
conducted and influential publication:
"Business is improving; planters have taken
new heart, and are introducing new methods of
cultivation, and new mills and factories are in
process of construction In almost every State
and Territory of the Republic Keeping pace
with this onward march of the country, the
banks are extending their branches and giving
more liberal aid to the commercial community,
and thus tor the first time in the business his
tory of Mexico there is a free movement , of
money and a legitimate expansion ot trade.
Tbe most powerful cause of this condition of
affairs is the firmness and proven stability of
the government, which gif es to all honest, law
abiding citizens protection and encouragement.
The credit ot the government is well estab
lished at home and abroad, and this fact ex
plains why capital is flowing into the country
from Europe, especially from England, in ever
increasing amounts."
m
There are few men gifted with mental
vision sufficiently penetrating to clearly dis
cern tho trend of coming events. In other
words, the nnmber of persons who can see
through a millstone, or round a corner is very
limited. An instance ot this was related by a
prominent local 'financier yesterday. Ho said:
"My great-grandfather came to Pittsburg from
Scotland in 1793, with 500 guineas in his pocket.
This made him very wealthy for that time,
when the purchasing power of money was prob
ably 500 times greater than it Is now. He conld
have bought all tbe land from the present
Bmitnueid street to the Point for 100 guineas,
and he was urged by his friends to do so, but
be refused, saying: Land is plenty, but gon d
(gold) is scarce, and allowed the golden oppor
tunity to pass unimproved.' If his foresight
had been as good as his hindsight, for a com
parative trifle he conld have laid the founda
tion of a stupendous fortune"
Commodore Batetnan, who returned from
Europe the other day, said in an interview
about business across the water: "There is
very little going on In London; the season there
is practically over, and most people are away.
Speculation is confined within very narrow
limits, and for the time being people are gamb
ling In trust shares. They capitalize everything
over there at an enormous valuation. A pea
nut stand issues one debenture bond, and a
couple of thousand shares of stock to run a
penny business on. This will give a fair idea
of the present markets abroad. The craze for
trnsts is not likely to continue, however. As
soon as the American market is made active,
plenty of people there, who believe with good
reason in onr securities, will not be slow in tak
ing a hand. I am doing very little myself, bnt
I feel hopeful, and while I look for the market
to be nnsettled for the next few days, I think
that its future Is pretty well assured."
Tbe Iron market continues strong and active.
with no material change in quotations. Orders
are coming in quite freely, and nearly all the
mills are running at their full capacity. It is
difficult to make contracts for f utnre deliver
ies. A Smithfield street broker said: "It is
too early to predict what effect the recent coke
deal will have on the iron market. I think
coke will be raised by degrees to tl SO a ton.
This will necessarily cause- an advance In iron."
Official cognizance was taken of 27 mortgages
yesterday, but thev were all for small amounts,
the largest being $4,000. There is a good inqui
ry for this species of investment, and it is ex
pected that within i. week or two business will
show a decided improvement. Nearly all tbe
4K per cent money that is floating around has
been sent here from tbe East Philadelphia,
New York and Boston,
WesttnchonseA.15.Co 117
At the morning call 1,300 shares of LaNoria
brought IK. and 120 Philadelphia Gas37. In ha
afternoon 150 LaNoria sold at . John D.
Bailey sold 200 shares of La Noiia at SI CO.
The total sales of stocks at New York yester
day were 241,690 shares, including: Atchison,
26.900: Delaware Lackawanna and Western,
8.100; Louisville and Nashville 3,560; Northern
Pacifle 18,275: Northern Pacific preferred, 44,.
495; Missouri Pacific, 4,900: Oregon Transconti
nental, 16,705; Reading, 17,220; fat. Paul, 23,200;
Union Pacific, 5,000.
A MOUNTAIN OF MONET.
The Work of Redaction Making Slow Prog.
, ress Routine Bnslness Fair.
Unemployed capital in Pittsburg is decreas
ing very slowly. The amount of paper offered
L for discount yesterday was small. Checking
and depositing were fair. Currency and ex
change were abont even. The clearings were
S1.S14.417 11 and the balances $540, 9S2 84.
A gentleman who handles a great deal of the
"filthy lucre" said: "I thought there was more
smoke than fire in the flurry over tight money
in the East. It ended about as soon as it be
gan. This is a bad time to successfully work a
scheme of that kind there is too much money
in tbe country, to say nothing about the vast
sums hoarded up In England and Canada.
About the only effect the flurry had was to un
settle the stock market, which was probably all
that was intended. It made no Impression at
all In Pittsburg. I look for money to be easy
the rest of the year. There is nothing insight
to disturb ir."
Money on call at New York yesterday was easy
at 24 per cent,last loans 2K closed offered at
2& Prime mercantile paper, oK7K. Sterling
exchange qnlet and firm at $4 63 for 60-day
bills and S4 87 for demand.
Closing Bond Quotations.
M. K. T. Gen. 5s .SIX
Mutual Union 6s.... 101)4
V. J. (J. Int. Cert...m
Northern Fac. lsts.,118
Northern Fae. 2d..H5
Nonhw't'n consols. 148
Northw'n denen's..H5K
Oregon & Trans. 6s 104;s
St. J,. A 1. SI. Uen. Ss 864
St. L.4b.l''.Gen.J1.117'i
fbl. Caul consols ....IIS
St-FL .Tll Jt Pc.lsU.ll7K
Tx., PcU O.TT Ks.SOH
iit,(b nu.i,nciB '7
union rac. ists...uoH
West Shore 106
U. 8. J,rer..'. 1S73(
U ? IS). WUUnMllniiMl
U. s.4Xi,rejr KM,
U. 8. 4HS. coup.... 10ttf
Paclflcfaof'So. lis
Loulslanastampedls SiH
Missouri 6s ..10o
Tenn. new set. 6s. ...106
lenn. new set. 5s. ...104
Tenn. new set. 3s.... 73
Canada So. Ids 99
Ccn. raclflcists 114
Den. & K. O., Ists.122X
Den. & R. (1. 4s 78K
D.4.K.U.West,lsts. 105
Eriezds 103
11. K. JkT. Oen. 6a.. 63H
The bond offerings yesterday aggregated
$634,150, as follows: Four per cents, registered.
S621.050atl28;4Kper cenu, registered. $12,500
at 106.
New YonK Clearings, $117,157,568; balances,
SS.819.S05.
Boston Clearings, $11,922,005; balances,
$1,467,988. Money at 2K per cent.
Phii.vdei.phia Clearings, $11,193,955; bal
ances. $1,347,682.
Baltiuore Clearings. $1,7S7,832; balances.
S19S.227.
London The bullion in the Bank of England
decreased 206,000 during the past week. The
proportion of tbe Bank of England's reserve to
liability is now 40.72 per cent.
Paris Three per cent rentes. 85f 42Kc for the
account. The weekly statement ot the Bank
of France shows an increase of 4,225,000 francs
gold and a decrease of 130,000 francs silver.
CHICAGO Money unchanged. Bank clear
ings, $9,424,000.
THC DAI IN OIL.
Some Activity In tbe Market With Small
Fluctuations In Prices.
The bulk of tbe trading in oil yesterday was
done in the first and last hours. The opening
was steady to firm at 9S from which point
under moderate local buying it advanced to
98K- Selling at Oil City and NewYork, and
news of a further decline In refined at Antwerp,
caused a drop to 98. from which there was a
rally in the last few minutes to 98 at which
figure several sales were made.
Tbe strong closing was the result of informa
tion that recent strikes in the Butler field and
elsewhere have no special significance as bear
ish factors. All efforts to interest tbe outside
interest have failed so far. It remains freez
ingly indifferent. Wednesday's clearings were
491.000 barrels.
Features of the Marker.
Corrected dally by John M. Oasiey & Co., 45
Sixth street, members of the Pittsburg Petro
leum Exchange.
Opened 93KLowest..
uijti
lcuest..
, 98 I Closed..
8SM
.... 98X
Barrels.
&A612
75,935
4J.425
Average runs ..........,
Average shipments
Average charters
Kenned, New York. 7.!0c
ttellnerf, lxmdon. SJSd.
itefined, Antwerp, 17'4r.
Kenned. Liverpool, SSd.
A. B. McGrew fc- Co. quote: Puts, 97'
"ai MW, .VV.
SEVEN STOCKS
monopolize Oyer Two-Thirds of tbe Specu
lative Business In Wall Street A
Batch of Disturbing Rumors
The Standard's Hand
Seen Bends Qalet.
New York. August 29. The stock market
to-day was quiet and stagnant outside of a few
leading shares, and while the volume of busi
ness done was moderate, over two-thirds of the
entire amount was in seven stocks. These
gave what tone the market possessed, and in
them and a few specialties all the movement
in the market was made. The advance in the
rate of discount by the Bank of England,'
though it was fully expected, caused consider
able nervousness in London and some stocks
were sold for foreign account, and a bearish
feeling prevailed among tbe traders here,
which had the effect of opening this market
generally slight fractions lower than last even
ing's price. Tbe declining tendency in the
general list, however, was met by tbe renewal
of the activity and strength In the Northern
Pacifies, and the early losses were generally
quickly recovered.
Ihe upward movement in the Northern
Pacifies was very pronounced, and was accom
panied by several rumors, none of which, how
ever, were susceptible of corroboration.
Among those whlcb found currency were one
that tbe preferred stocks was to be made a 4
per cent stock, and that the holdings of the
Oregon Transcontinental had been contracted
for. and one that Sir. Vlllard had the capital
ists of the Standard Oil at his back, and that
he would be able to name the next board of
directors. The heaviest buyers of the stocks
to-day were brokers who usually act for the
Standard Oil people, and this gave some ap-
Searance of trnth to tbe latter rumor. Tbe
'ortbern Pacifies were supplanted in the
afternoon by the' Southwestern stocks, and
Atchison and Missouri Pacific made marked
gains on large business.
The movement was also the occasion of cir
culation of numerous rumors, and it was said
Mr. Gould and Mr. Huntington will, between
tbem, own and operate Atchison by tbe first of
the coming year, but when this met with denial
it was stated that Mr. Gould was to go into tho
Atchison directory, and that closer relations
were to be established between tbe Atchison and
the Missouri Pacific. After these movements
had expended their force there was a reaction,
but the heavy further acceptance of bonds by
the treasury stiffened tbe market up again in
the last hour, and the close was quiet and
steady to firm generally at slightly better
flgnres than those of tbe opening. Tbe trnsts,
with the exception of Cotton Oil, were dull,
and. moved within narrow limits. The final
changes were evenly divided between gains and
losses, tbongh all the important ones are in the
direction of higher figures. St. Paul preferred
and Oregon Navigation rose 2 per cent. North
ern Pacific preferred 1. Missouri Pacific 1,
and Atchison and Manitoba 1 per cent each.
There was the usual quiet buiness In railroad
bonds, tbe sales aggregatlngS994,000. Tbe Rock
Island 5s were again active, specially contribut
ing $180,000 to the total. The market was
steady to firm. Tbe important advances were
St. Paul and La Crosse 7s IK. to 112; Northwest
ern consols 1. to 143: Evansville and Indianapo
lis consols 2f, to 115; Ohio, Indiana and West
em lsts IK. to 80K.
The following table snows the prices oractlve
stocks on the New York Stock Exchange yester
day. Corrected dally for Tnx Dispatch by
UITMKY & STEPHEN SOM. oldest 1'lttsbnrr mem
bers of .New York Stock Exchange, 57 Fourth aye-
DOMESTIC. MARKETS.
Eggs Finn Dairy Products Steady
Peaches Too Plenty.
LEMONS HIGHEE-BANANASLOWEE
Cereal Situation is Unchanged Catting on
Flonr Bates.
GENERAL GROCERIES IN OLD EUT3
A BA1D ON LA NOKIA.
Metal Market.
Nkw Yobe Pic Iron steady. Conner dull
rand unchanged. Lead steadier; domestic, $3 85.
' Tin firmer and quiet; straits, S3) 50.
FOB THE PROTECTION OF AUTHORS.
The American Copyright Lenrue Will
Again Appeal to Congress.
rSrECIAL TELXQRAU TO TUX DISFATCB.1
"Washington, August 29. George
Haven Putnam, Secretary of the American
Copyright League, has just written a
leading printer of this city:
Our Copyright League committees will he
shortly called together for tbe purpose of plan
ning farther operations before the coming ses
sion of Congress. This woik will, as before,
require the co-operation of our typographical
friends, and we shall doubtless be glad when
again called to submit evidence before tho Con
gressional committees to make use of their
knowledge and experience in the relations of
copyright to typographical interests.
Call and Exnmlm
The men's suits we are sellinat $8 and flO.
Ihey are of the newest patterns. '
P. C. C. C, cor. Grant and -JMamond
its., opp. we uourt House,
It Holds Its Own Under Heavy Selllnc
Friends Stand by It.
The feature of the stock market yesterday
was an onslaught on La Norla, F. D. Morns &
Co. offering large blocks of it at IX, with a
view, probably, of pulling the price down to
about i, bat John D. Bailey and J. A. McKelry
were on hand and promptly blocked the little
game by taking all that was offered. It was
stronger in the afternoon, selling at 1.
Philadelphia Gas was nrm at 87 and 37, and
Electric at 5H bid and 62 asked. Monongabela
.National Bank advanced to 108. The tractions
maneuvered around the old figures, with little
disposition to buy or sell. There was some in
quiry for Switch and Signal, but it failed to
materialize. Chartiers Gas was weaker. The
rest of tbe list developed nothing new either In
fact or fancy. Bids, offers and sales were :
Other Oil Markets.
TZTUSVIUX. August 20 National tranrtt
certificates opened at 9SJc; highest. 99c:
lowest, 9Sc; closed, 8S?a
Bradford, August" 29. National transit
certificates; opened at, 9SJc: closed at 9$c
hlghest,S8Jc; lowest, OSKc; clearances, 434,000
barrels.
New York. Augnst 29. Petroleum opened
strong at 980 and advanced to 98Jc. A re
action followed, after which the market rallied
on light trading, and closed steady at SSiic
Total sales, 496,000 barrels. '
On. ClTT.August 29. National transit certifi
cates opened at 98c: highest, B9c: lowest,
9&Kc; closed. 98Jjc; sales. 227,000 barrels; clear
ances, 332,000 barrels; charters. 29.722 barrels;
shipments, 79,338 barrels: runs, 50,872 barrels.
CHANGED, OWNERS.
The Demand for Realty Has Something; to
Show for Ir.
Reed B. Coyle fc Co.. 131 Fourth avense, sold
for J. 8. Turner to C. G. Clayland a house and
lot on Parle a venue, East Cnd, city, for $3,000
cash.
W. A. Herron & Sons sold lot on the corner
of Roup street and Wllklns avenue, Twenty-
secona ward, city, having a frontago on Roup
street of abont 400 feet and in depth 160 feet,
for $750 cash.
L O. Frailer, corner Forty-fltth and Butler
streets, sold for John Dans and James Y.
Campbell lot 24x11250 feet to a 20-foot alley,
situated on the east side of Fortieth street,
near Davison street. Seventeenth ward, to Mrs.
Margaret B. Hamilton for $1,740, or $72 CO per
foot front.
James E. Creighton t Co., No. 12 Federal
street. Allegheny, sold for Mary E. Park to J.
T. Brittain fivo acres situate on Evergreen
Samuel W. Black t Co., 99 Fourth avenue,
sold lot No. 7, S. L.Boggs plan, Allentown sta
tion, Pittsburg, Cincinnati and St. Louis Rail
road. 25x183 feet, for $250.
George T. McConnell sold for James Chad
wick to Charles Nonnveiler lot 20x100 on Key
stone street. Eighteenth ward, for $583 33.
Black & Balrd, 95.FouUh avenue, sold lor J.
Dnnlevy, Jr., to J. H. Stefler lot No. 50 In tbe
Dunlevy plan. In Linden place, corner of Hast
ings and Reynolds streets. Twenty-second ward.
25x120 feet to an alley, for $500 cash.
Philadelphia Stocks.
Closing quotations of Philadelphia orvt, n,r.
nlshed by Whitney & Stephenson, brokers. No 57
Fourth avenue. '.Members New York stock Ex-
cnange.
Pennsylvania Ballroad
Heading
Lchlch Valley
Lehigh Navigation
Northern I'aclno
Northern Pacific preferred..
nue:
Open- Hlgh
lnjr. est.
Am. Cotton Oil SIM 52K
Atcn.. Top. A a. F...'. S7H
Canadian Pacific 62)4 ei
Canada Southern 53 S3
Central orNew Jersey.ll6i 116K
UcntraiFaelni
Chesapeake & Oblo.. Ui US
C Bur. A Quti.y. ....105 I0S
a. Mil. Jt St. Paul.... 71K T2S
C M11.& St. P.. pf....lI4j 115ft
C KockL, P. 9 1O0K
C St. K & Pitts
C, St. U. A Pitts. Df.
C. St. P., JL A O Uli Wi
C St. 1,M. O., pr. 99 99S
CJ -Northwestern. ...1UH lllfe
C. A Northwestern, pr.
C, C, C. A 1 75i 75H
c, c u. a i., pf ioiw iom
Col. Coal A iron SIX Z7&
Col. A Hocking Vai .. H1 14 S
Del.. L. AW H7 147H
Del. A Hudson' ISO - 1S04
E. T.. Va. AGs -
E. 1.. Va. A Oa. 2d pr. V. 23K
Illinois Central
Lake Krlo A Western.. J9! 19V(
Lake Krle A West. Dr.. 64 64!4
Lake Shore A M. S 103V 104
Louisville A Nashville. 70 '-C 70H
Michigan (antral Ks SbX
Mobile Ohio
Mo Kan. A Texas.... 12 . 12
Missouri Pacific Tl'i 74!j
New Kork Central
N. V.. L. . A W 2S
M. X.. C, A St. Li
N. I.. O. A St. l. pr.
N.X.. U. A St. L,. 24 pf
N. YAN. E St SIX
N. IT.. O. A W., 17 1T
Norfolk X Western.... UH 16
Norfolk A Western.cf.
Northern Pacific K! MJ,"
Nortnern Pacific oref. 72 714
Ohio A Mississippi...- 22 22
Oregon Improvement, tt 54
Oregon Transcon WH 35
Pacific MaU 304 S4"3
Phlladel. A Keadlng.. h 15
Pullman Palace Car
Blchmono A W. P. T 23tf 23
Klchmond A W.P.T.pf ..
St. P., Minn. A Man.. 1MH 108
St. L. A San Fran Ml. 26V
St. L. A San Iran pf.. S9H saH
St. L,. A San r. 1st pf.. 109 109
Texas Pacific 20X 20V
Union faclflc tan SUi
Wabasn 17J4 17J
Wabash preferred S2S 323
Western Union SIS stA,
Wheeling A L. , 70 71?,
bugar Trust IDS! 108M
National Lead Trust.. 23 23),'
Chicago Gas Trust 69 7i 53,',
'Ex.-dlvldend.
Low
est. SI
J7
62H
S2V
lis
24 '4
104 K
71 H
1H
ma
an
S9
1HK
74V
101
27H
MX
144
H9H
2&
19"
63V
103!4
70)4
8V
ii"
71
IS.S 28
50
17 S
16H
32"
72(4
22V
S3
34
.
44X
23"
10i"
29V
SP
109
20K
62
32),
MS
70H
una
23
MX,
Clos
ing. Hid.
S2
JSV
61
S2S
115V
34
24H
104H
72
IIS
if
34
WM
IV
USX
MIX
9
ni
1111
19!
63
70
88V
13
llV
73V
J 06 Si
KS
IS
68
SOV
X
1SV
52V
33
74
223
53-4
U
33K
44V
179V
23
79
10S
109
20 t
62V
17
xtX
8
108
23V
50)4
OFFICE OF THE PlTTSBUEO DISPATCH,
Thursday. Augnst 29, 1889. 5
Country Produce Jobbing Prices.
Fresh arrivals of eggs readily bring outside
quotations. Dairy products are steady. Peaches
touched the lowest point of the season yester
day. Owing to excessive supply, large quanti
ties of ripe peaches were closed out at 40c to 50c
per basket, which at the beginning of tbe week
were worth $1 50 to $1 75. Bananas are slow
on account of large supplies of home fruit.
Watermelons are in light supply, but demand
Is light. All along produce lines trade is slow.
A leading Liberty street commission merchant
said to-day: "We have bad no quieter, week
this season, and, unless there is a revival in the
latter part of the week, we will have to put
this week's trade as one of the poorest on
record." Stuff in all produce lines is in supply
above demand.' Peaches, pears, plums. Denies
and sweet potatoes are all easier. Orapes be
gin to come in freely and demand is light.
Lemons are a shade higher than they were last
week.
Buttee Creamery, Elgin, 22c; Ohio do,
2021c; fresh dairy packed, 1517c; country
rolls, 14iSc
BEANS-i-Navy hand-picked beans, 2 4002 60;
medium, $2 302 40.
Beeswax 2S30c W tt for choice; low grade,
1820c
Cidkb Sand refined, $6 507 50; common.
S3 504 00: crab elder. $8 008 50 9 barrel;
cider vinegar. 1012c f) gallon.
Cheese Ohio, 88Kc; New York, 10c; Lim
hurger, 89c: domestic Sweitzer, 9k12kc:
Imported Sweitzer. 22Kc
CAUFOBNIA Feuits Bartlett pears, $3 00
3 50 box; plums. $1 752 00 a 4-baoket case.
Egos 16l7c ?) dozen for strictly fresh.
Feuits Apples, $1 502 00 V barrel; pine
apples. $1 0001 25 3 dozen: whortleber
ries, 75c$l 00 1 pall; watermelons, $20 00025 00
ft hundred: peaches, $1 5C2 25 fl bushel box.
Feathehs Extra live geese. 6060c; No. 1.
do, 4045c; mixed lots, 3035c V 2.
Poultby Live spring chickens, 40015c W
pair; old, 6570c $ pair.
Seeds Clover.-choice, 62 Its to bushel, $5 60
V bushel: clover, large English, 62 Iks, $d 00;
clover. Alslke. $8 50; clover, white, $9 00; timo
thy, choice, 45 as, $1 65; blue grass, extra
clean, 14 tts, 90c; blue grass, fancy, 14 tts, $1 00;
orchard grass, 14 tts, $1 65; red top, 14 tts. $1 25;
millet, 60 tts, SI 00; German millet. 50 tts,
SI SO: Hungarian grass, 60 tts. $1 00; lawn
grass, mixture of fine grasses, $2 50 fl bushel of
14 tts. .
TALLOW-Counlry, 4c; city rendered, 4&
5c.
Teopicai, Fruits Lemons, common, $4 50
5 00; fancy. S6 006 60; rodl oranges, $5 00
5 60; bananas, SI 75 firsts, $1 25 good seconds,
ft bunch; cocoanuts,S4 004 60 $) hundred; figs.
8K9e Id tt; dates. 5H0Kc V &-
Vegetables Potatoes, SI 2501 40 yt battel;
tomatoes, home-grown, $1 2o01 50 g) bushel;
wax beans, $1 'f bushel; green beans, 60075c 1
bnsbel; cucumbers borne-raised, $1 50 ft bushel;
radishes. 2540c fl dozen; home-grown, cab
bages, 60c ft bushel; new celery, home-crown,
40c ft dozen; Southern sweet potatoes, $3 75
3 00, Jerseys, $4 0001 5a
$10 00012 00, according to quality: No. 1 up
land prairie. $8 6009 00; No. 2. $7 0007 60; pack
ing do, $8 7507 00.
Straw Oats, f8 60; wheat and rye straw
$5 6006 00. ' v
ProVlsIons.
Sugar-cured hams, large, HKc; sugar-cured
hams, medium, 12c, sugar-cured bams, small,
12Xc; sugar-cured breakfast bacon, 10Jc; sugar
cured shoulders, 6e; sugar-cured boneless
shoulders. 9c; 'sugar-cured California hams.
8c: sugar-cured dried beef flats, 10c; sugar
cured dried beef sets, lie: sugar-cured dried
beef rounds, 13c; bacon shoulders, 6Kc; bacon
clear sides, 7e; bacon clear bellies, "TJic; dry
salt shoulders, 5c: dry salt clear, sides, 7c
Mess pork, heavy, $12 60; mess pork, family,
$13 Oa Lard Refined In tierces. 6Kc: half
barrels, 6Jc; 60-ft tubs, 6Jc: 20-tt pails, 7c: 50-ft
tin cans, 6c: 3-tt tin pails: 7c; 5-tt tin pails,
7c; 10-tt tin pails, 6c; 5-tt tin pails. 7c; 10-tt
tin pails. 7c. Smoked sausage, long. 5c: large,
5c. Fresh pork links, 9c. Boneless hams. 10a
Pigs feet, half barrel, S3 60; quarter barrel,
$2 00.
Dressed Meat.
Armour & Co. furnished the following prices
on dressed meats: Beef carcasses, 450 to 550
tts, 6Uc; 550 to 650 tts,6c; 650 to 750 tts.60
7c. Sheep, 8c ft B. Lambs, 9c ft B. Hogs, 6c.
Fresh pork loins. 8a
NEW
FAILUBE OF A BANK.
Speculation Caused Disaster to a Private
Savings Concern at West Union,
O. The Residents of the Town
Nearly Wild Over It.
West TJnion, O., August 29. The fail
ure of the old banking firm of J. B. Grimes
& Co., after an existence of 30 years, has set
ADVERTISEMENTS, j ,
jbfeJLEADSTHE-RACE..
The old worn out Potath, Mercury and Sar
taparilla mixtures all left far behind.
a S. a NEVER FAILS TO CURE BLOOD &
"3
POISON.
I have seen Swift's Specific used, and knots'
of many cases of the worst form of blood dit-j
eases which have been cured by ic I know tho i
proprietors to be gentlemen of the highest typo
and utmost reliability. I recommend Has!
great blood remedy, unequaledbyanythingXi
know of. M. B. WHARTON. fcV
Pastor First Baptist Church, Montgomery, Alajw
Treatise on Blood and Skin Diseases malledfc
free. Swift Specific Compant, Drawer 3JC
Atlanta. Ga.
anl2-55-Mwr
UUOKERS FINANCIAL.
TTTHITNEY & STEPHENSON,
n FOURTH AVENTJEL
Issue travelers' credits through Messrs. Drexel,
Morgan A Co., New York. Passports procured.
apSs-1
section
farmers,
children
many of
economy
half I
were
them
have
S6c; gloss
fork stock Ex
EM. Asked.
.- MX KV
.. 22V 22 7-16
.. 33 63V
.. S3V 54
.. 32 33X
.. 1X 74
Atch. ATop. B. K... S8S
Boston A Albany. .. 218)4
dosiou a Juauie.....uu
C. D. AU. 103
Clnn. San. A Cleve. 23
Eastern R. K 98
Eastern It. B. 6s ....1S)
ci.uia rere .31....... a
lilntAPereM. nrd. 92
Little 11 A Ft. S. 7S.101 X
Mexican Oen. com.. IS
Mex.C.lstmtg. bda, C7V
J. X. A Ne-n-Enz... 31 X
Ugd.AL.Cham.com. 6
Old Colony 177
Doatxn Stocks.
Kntiand preferred.,
Wis. central, com. ..
Wis. Central p...
MlouezMjCo(new)
Calumet A Hecla....
t ran tun
Huron ,
Osceola. ,
l'ewable (new)
Qulncy
nen xeiepnone
Boston Land...,
U ater Power...
Tamarack ,
43
25
63
... 9V
... V
... 10),
'.'.'. 54
..234J4
... 6
... 6
...103
Wool Market.
St. Louis Wool receipts, 9,122 pounds,
Market quiet and unchanged.
Pitts. Pet. S. AM. Ex..
Pennsylvania Ins
Allegheny Oas Co.. Ill
Consolidated U.C0.,1U
Pitts. Uas Co.. Ill
Houthilde Gas Co.. 111..
Chartiers Vat: bas Co.
Nat. Gas Co. of W. Va.
People's X. G. A P. Co
Pennsylvania Uas
Philadelphia Co
Wheellnr Gas Co
Forest oil Co
Tuna OH Co
Washington Oil Co....
Central Traction.. ....
Citizens' Traction......
Pittsburg Traction....
Pleasant Valley p. By.
Pitts., Alle. A Man....
Pitta. Jnnc. K. K. Co..
Pitts A Western K. H.
P. AW.lt. B. Co. prof
Point Bridge
Point Bridie, pref....
Union tirldre
Charlotte Slicing Co...
La Norla Mining Co...
Hllverton Mining Co..
Westinchouse Electric
U. 8. ABU. Co -
MOItNISO. ATTXEVOOX.
Bid. Asked. Bid. Asked.
49
7
I7K
IS
37
30
M2tf
6flV
47
J
ux
'"ix
"ii
22
25 ....
X ....
78
17X 17K
8
32X
219
250
2)
111
23
36
30
81
1X
H
SIX
7),
30),
85
48X
62
Mining Stocks.
New Yobe. August 29 Caledonia B. H..
suu; Colorado central. lOO; Consolidated Call-i
lorma ana Virginia, vou; Commonwealth. 200;
Deadwood Ten, 125: Eureka Consoli
dated, 250; El Cristo, 100; Gould & Curry, 200;
Hale t.Norcross, ,300; HorntSilypr. 120: Iron
Silver. 205: Mt. 'Diablo. 200; Mutual. 0;
Ontario. 3100: Ophlr, 500; Occidental, 170
Plymouth, 250; Savage, 150: sierra Nevada,
810; Standard. 100: Union Consolidated. 380:
Ward Consolidated. 170; Yellow Jacket. 320.
Business Notes.
liA Nokia was shaky on its pins yesterday
morning, hut steadied up in the afternoon.
The consumers of natural gas at Youngs
town, O , have sned tbe Bridgewater Gas Com
pany for $150,000 damages for cutting off their
supply of tbe fuel.
A bkokeb said yesterday: "I don't know
when the La Nona statement will be given out,
or what it will be, but I do know that the prop
erty is making money."
The Northern Pacific books will close Sep
tember 16 and reopen October 18. The annual
meeting occurs on October 17. It was a matter
of rumor yesterday that tbe Standard Oil Com
pany, represented by Rookefellar, is behind
Vlllard in his $160,000,000 blanket mortgage
scheme.
Tbe statement of the business of all lines of
tbe Pennsylvania Railroad Company east of
Pittsburg and Erie for July, 1889, as compared
with tbe same month In 1883, shows an Increase
In gross earnings of $419,202, an Increase In ex-
Senses of $162,016 and an increase1 in net earn
igs of $257,246.
McKeespobt capitalist have applied for a
charter to construct an incline up Neel's Hill,
across the river from McKeesport, to a fine
stretch of tableland suitable for building sites.
The plot is about 600 feet above the Mononga
bela river, and -is a healthy and beautiful re
sort. Toe incline will cost about $300,060.,
LATE JEWS IN BRIEF.
Aeronaut O. E. Stocum; of Prospect, N.
Y., fell from his balloon yesterday at Antwerp,
Jefferson county, 150 feet v to the ground,
breaking no bones, but receiving a concussion
of the Drain that may prove fatal. The
balloon was unmanageable and be attempted
to leave it by a parachute, but the latter
failed to work.
.The business portion of the historic village
ot Sackett Harbor. N. Y was destroyed by
fire Wednesday night involving a loss of about
$10,000. There was no organ'zed fire depart
ment and the efforts of the United States reirn.
lars at Madison Barracks, with an old fashioned
hand pnmp engine, alone saved the village
from entire destruction.
The Britiih tank steamship Russian Prince
has arrived at Baltimore to load refined petro
leum in bulk for a Continental port of Europe.
Tbe Russian Prince Is a monster steel vessel of
2.102 tons register. 310 feet long, 40 feet beam
and 28 feet depth of hold. She bas three
masts ana ner hull is divided into 14 tanks, the
total capacity ot which is 20,000 barrels or 1.300,
000 gallons of oil. The vessel was built at New
castle. England, in 18S8. by SirWilliamG.Arm
Strong. Ayhen the Russian Prinrn retnrns tn
Europe she will, enter upon a three years'
charter with the Rothschilds to carry oil from
Batoum, Turkey, to Continental ports.
A man whose appearance indicates a sub
stantial German farmer is conducting a clever
swindling scneme among tbe livery men of
Northern Iowa. He gives the name of Berger
and claims to be an extensive dairy farmer of
Orange county. New York, out West purchas
ing cows. Arrived in a city, be makes bis
headquarters at the leading livery barn and
makes daily trips into the country, returning
every evening and reporting large purcbases
from well-known farmers. After a week's
campaigning be annonnces that he must await
the arrival of his son, wbo will bring money.
He tells plausible stories and usually succeeds
in borrowing money from the liveryman to con
duct his work. He often gets sums varying
from $100 to $500 from each victim. Officers
are after him.
The Federation of Republican Clubs of the
Third Maryland district has adopted the fol
lowing resolution: "That we, as Republicans,
pledge ourselves not to support anyone for
office, either national. State or city, who is in
favor of the present odious civil service, or its
application in the distribution of public pat
ronage whereby the majority of appointments
are awarded to young men fresh from schools
ana colleges, wnue active, intelligent, educated
and deserving men of our own party are barred
ont on account of age. ur bare failed to answer
fooljsh auestions not pertinent to the service in
which they are seeking employment. We be
lieve that the present civil service law is a relic
of European Governments, is injurious to
party success, and not at all appropriate to a
repuoiican torrn 01 government, ana tnerefore
should fc repealed.,r
Entitled to Ihe Best.
All are entitled to tbe best that their money
will buy, so every family should have, at once,
a bottle ot the best family remedy. Syrup of
Figs, to cleanse tbe system when costive or
bilious. For sale In 50c and $1.00 bottles by all
imuutjt uruspeisfc f ,
Groceries.
Green Coffee Fancy Rio, 21X22Xc;
choice Rio. 1920Kc; prime Rio, 19c: fair Rio,
18J19c; old Government Java, 26c: Mara
caibo, 2223c; Mocha. 27628c; Santos, 1922Kc;
Caracas. 20022c; peaberry, Rio, 2224c; La
Guayra, 2122a
Roastep (in papers) Standard brands,
22Xc; high grades,.24$26c; old Government
Java, bulk, 3131fc; Maracaibo. 2627c;
Santos, 2022Jc: peaberry. 25c: peaberry,
choice Rio, 23c; prime Rio, 21c; good Rio,
21c; ordinary, 2oc.
Spices (whole) Cloves, a25c: allspice, 8c;
cassia, 8c: pepper, 18c; nutmeg, 7080a
Peteoleum (jobbers' prices) 110 test. 7c:
Ohio. 120. 8Kc; headlight, 150, Xc; water
white, 10c; globe, 12c; elaine, 15c; camadine,
HKc: rovaline, 11a
syrups Corn syrups, 2629c: choice sugar
syrups, 33a38c: prime sugar syrup. 30Q33c;
strictly prime. 33,235c; new maple syrup. 90a
N. O. Molasses Fancy, 48c: choice, 46c; me
dium. 43c; mixed, 40&12a
Soda Bl-carb in kegs, 9Xlc; bi-carb in Js,
5c; bi-carb, assorted packages, 56c; sal
soda in kegs, lc;do granulated, 2a
Candles Star, lull weight, 9c; stearine, ft
set. 8Kc;paraffine. ll12a
RICE Hend. Carolina, 77c; choice, 6fc
1e: nnmi &.&&.? I.tmklmi i&KUn
Staecii Pearl, S; cornstarch,'
starch. 507a .
Fobeion Fruits Layer raisins, $2 65: Lon
don layers, $3 10; California London layers,
$2 50; Muscatels, $2 25; California Muscatels,
SI 85; Valencia. 7Jic; Ondara Valencia.OJiglOc';
sultana, 8Xc: currants, 4X5c: Turkey prunes,
4JJ5c; French prunes. 8i13c: Salonica
prunes, in 2-ft packages, be; cocoanuts, ft 10tX
$6 00; almonds, Lan., per tt, 20c: do Ivica, 19c;
do shelled, 40c: walnuts, nan , 12K15c; Sicily
filberts, 12c: Smyrna figs, 12316c: new dates,
6K66c; Brazil nuts, 10c; pecans, ll15c; citron,
per tt. 2122c; lemon peel, ft tt, 1314c; orange
peel. 12Xa
Dried Fbutts Apples, sliced, per tt 6c
apples, evaporated, 6V6Xc: apricots, Califor
ma, evaporated, 12Keloc; peaches,;evaporated,
pared, 2223c: peaches, California evaporated,
unpared, 1012Uc; cherries, pitted, 2122c;
cherries, unpiitcd. 56c: raspberries, evapor
ated, 2424Uc; blackberries, 7K8c; huckle
berries. 10012c. ,
hUOARS Cubes, 9c; powdered, 9c: granu
lated, 8c; confectioners' A, 8c; standard
A. 8c; soft whites. 8gSKc: yellow, choice,
TKc; yellow, good, 7XSc; yellow, fair, 7Kc;
yellow, dark. 7a
Pickles Medium, bbls (1,200), $4 50; medi
um, half bbls (600), $2 75.
Salt No. 1. ft bbL 95c: No. 1 ex,B bbl, Jl 05,
dairy, ft bbl. $1 JO; coarse crystal, ft bbl, $1 20;
Higgins' Eureka, 4-bu sacks, $2 80, Hlggins'
xurcika. 10-11 jd pocKeis, 9d uu.
Canned Goods Standard peaches $1 60
1 90; 2ds $1 301 35; extra peaches, $1 902 00;
pie peaches, 90c; finest corn, $11 60; Hid. Co.
corn, 7090c: red cherries, 90cSl; Lima beans,
$1 10: soaked do, 85c; string do do, 75S5c: mar
rowfat pea. $1 101 15: soaked neaa. 7075c;
pineapples, $1 40SS1 60; Bahama do, $275, dam
son Plums. 95c: frreencaf-e. 91 25. pm- nlnmi
$2: California pears, $2 60; do gruengages, $2; do!
egg plums, $2; extra white cherries, $2 90: red
cnernes. z vs. wo raspuernes. 31
the people of this
wild. Business men,
chanics, widows and
caught in the crash apd
after years of pinching
learned the fact that their self-denial but
furnished means for gamblers' margins and
dissipations. In 1859 J. B. Grimes, a thrifty
farmer, established a bank in West Union.
with his son Smith, a young man oi 24, as'
manager. Smith tra', shrewd and thrifty
and during the war and for years thereafter
conducted the business conservatively and
profitably. Tbe deposits-last year amounted
to about $150,000.
A syndicate of persons in West Union
and Cincinnati, a conple of years ago, made
a big deal in tobacco and cleared about
$40,000. Intoxicated with success, they en
gaged in wheat speculation, and Mr. Grimes,
knowing of their success in the tobacco deal,
readily loaned the money of the bank on note
indorsed by individual members of the syn
dicate. The operations in wheat proved a
failure, and to make good tbe losses more
money was borrowed from the Grmies Bank,
and wilder and more extensive deals
we made. Finally the elder Grimes re
alized that the bank was out $25,000 to $30.
000 and refused to discount any more notes.
The members of the syndicate convinced
him that the only way to get back the lost
money was to advance more. Then Grimes
entered the syndicate, and the bank was
drained.
Last week a run was made on the bank,
owing to a hint of the truth gaining circu
lation. By night $16,000 had been paid out
to people who are now hugging themselves
to think how lucky they were. Next morn
ing the bank closed.
The assignees say that the syndicate got
about $70,000, which was sunk in specula
tion. They hope to pay 60 cents on the dol
lar to depositors.
Q J. PECK,
AN HONEST ALDERMAN.
He Condemns His Brethren for Accepting
. Railroad Passes.
rSFXCIAL TXLXOBAK TO TBZ DISPATCH.l
New York, August 29. Alderman
Patrick Napoleon Oakley stirred up a little
row in the Board to-day by the-introduction
of a resolution asking the New York Central
and Hudson Biver Railroad to refuse all
requests of the members of the Board of
Aldermen of 1889 for passes over the road,
or any part of it.
The smile with which many of the Alder
men greeted the reading of tbe resolution
faded away when Napoleon rose and said:
It appears to be a common thing for citizens
to ask the members of this board to get passes
for tbem from this company. 1 hold, and I
state here emphatically, that Aldermen who
thus receive passes cannot sit here and do
justice to the city and tbeir constituents. Yon
can look around up town and see the streets
and the water front that this railroad bas grab
bed or encroached upon, and it is by issuing
free passes to members of this board that they
KUb mo luuuouue vviiiuu cuauies mem 10 ao It.
1 want to put on record those who are in favor
of this free-pass system, these bribes, as I call
them.
The vote on the passage of the resolution
was 12 to 8 in the affirmative. All but some
of the ayes were very faintly and sadly
spoken.
52 Broadwar. New York.
Member of the Consolidated Exchange.
Stocks bought for cash or on moderate mar
gin. Options. 10 shares upwards, 30 to 60 days.
These cost only $5 to $100 and often give larga
profits. List of options sent free. Correspond
ence invited. au25-S5-D-
JOHN M, OAKLEY & CO,,
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.
aulS-65-WFSu
$225,000.
F
OR SALE $225,000 GENERAL MORT
GAGE BONDS 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, including
all its consolidated lines, $75,000 being retained
by the Fidelity Tile and Trust Company, of
Pittsburg, trustee, with which to pay $75,000 ot
a prior issue at maturity. Bonds are for $1,000
each, payable in 30 years, free of all taxes.
Interest at 5 per cent, payable semi-annually,
beginning July 1, 18S9, Proposals f orall or any
part of these bonds will be received by the
Treasurer of tbe companvup to and including
the 31st day of August, and allotments mads
thereunder accrued interest must be added to
tbe price of bonds. At from $113 68 to $105
these bonds will yield from to 4 6-10 per cent.
The company reserves the right to reject any
and aU bids.
For further information address the Treas
urer. - R. F. RAMSEY.
95 Fifth Ave., Pittsburg, Pa. t
ann-37.1UU6.18.20,22.25.28.30
MEDICAL.
When baby was sick, we gave her Castorla,
When she was a Child, she cried for Castorla.
, When she became Miss, she clung to Castorla,
w nen sne naa cnuaren.3Ue gave them castorla
ap9-77-invTSn
strawberries, $1 10; gooseberries. $1
150:
1 40;
blackberries, 60c: succotash, 2-I cans, soaked,
99c; do green, 2 tts, $1 251 50; corn beef, 2-ft
cans. $2 05; 11 ft cans, $14 00: baked beans. $1 45
1 60; lobster. 1-ft. $1 761 80; mackerel, 1-ft
cans, broiled. $1 50: sardines, domestic, Vs.
$4 504 60; sardines, domestic, Ks, :$8 258 50;
etuiucs, luiiiutteu. jao, ii (A(i ou, saraines,
imported, s. $18; sardines, mustard, $4 50; sar-
Fish Extra No. 1 bloater mackerel, $36
bbL; extra No. 1 do. mess, $40; extra No. 1
mackerel, shore, $32; extra No. 1 do. messed,
$36: No. 2 shore mackerel, $21. Codfish Whole
pollock, 4)c y a: ,j0 medium, George's cod.
6c; do large, 7c; boneless hake, in strips, 6c; do
George's cod in blocks, 6$7kc Herring
Ronnd chore, $5 00 B bbl; split. $7 00; lake.
$2 00 ffl 100-ft.balf bbl. White fish. $7 00 W 100
& half bbl. Lake trout. $5 50 bait bbL
Finnan haddock, 10c W Iceland halibut, 13c
ft. Pickerel. X barrel, $2 00: barrel, $1 10;
Potomao herring, $5 00 barrel. $2 50 ii
barrel.
UATJf EAL K 30G 60 W bl.
Minebs' Oil No. 1 winter strained, 55057c
? gallon. Lard oil, 75c. '
WHOLESALE HOUSE.
JOSEPH HORNE & CO.,
Cor. Wood and Liberty Sts.,
Importers and Jobbers of
DOCTOR
WHITTIER
814 PENS AVENUE, PITTSBURG, PA
As old residents know ana back files of Pitts
burg papers prove. Is tbe oldest established
and most prominent physician in tbe city, de
voting special attention to all chronic diseases.
emponns-N0FEEUNTILCURED
MCDni IQ and mental diseases, physical
liLilV UUO decay.nervous debility, lack of
energy, ambition and hope, impaired mem
ory, disordered sight, self distrusbashf ulness,
dizziness, sleeplessness, pimples, emotions, im
poverished blood, falling powers,organlc weak
ness, dyspepsia, constipation, consumption, un
fitting the person for business.soclety and mar
riage, permanently, safely and privately cured."
BLOOD AND SKIN
blotches, falling hair, bones pains, glandular
swellings, ulcerations of tongue, month, throat.
ulcers, old sores, are cured for life, and blood
tarrhal discbarges. Inflammation and other
painful symptoms receive searching treatment,
prompt relief and real cures.
Dr. Wblttier's life-lore, extensive experi
ence. Insures scientific ana reliable treatment
on common-sense principles. Consultation
free. Patients at a distance as carefully treated
as if here. Office hours 9 A. M. to 8 p. K. Sun
day, 10 A. K. to 1 p. jr. only. DR. WHITTIER,
814Penn avenue. Pittsburg, Pa.
auS-16-Tjsuwk
Special offerings this week in
SILKS, FLUSHES,
DRESS GOODS,
SATEENS,
SEERSUCKER,
GINGHAMS, PRINTS,
and OHEVlOTa
For largest assortment and lowest prices call
and see us.
wholesaleIxclusively
fe22-rKt-D
Grain, Flour and Feed.
Receipts as bulletined at the Grain Ex
change. 49 cars. By Pittsburg. Cincinnati and
St. Louis, 10 cars of corn. 9 of oats, 2 of wheat,
2 of hay. By Pittsburg, Fort Wayne and Chi
cago, 2 cars of feed, 5 of hay, 1 of bran, 4 of
corn, 5 of flour. By Pittsburg and Western, 5
cars of hay, 1 of flour. By Pittsburg and Lako
Erie, 1 car of bran, 1 of hay, I of feed. Sales on
call, 1 car sample oats, 2c spot, P. R. R; 1
car loose pressed hay. $12 60. 5 days. P. & W.
Tbe cereal situation is unchanged. Flonr job
bers report active trade, but rcollectioos are
none the best. The cash buyer will find, by
diligent effort, opportunities to purchase flour
at prices a shade under quotations There is
not a little cutting on new wheat flour going on
at the present time. Prices below are for car-
ioaa lots.
Wheat New No. 2 red, 82c: No. S. 777c
Coen No. 2 yellow, ear, 45K46c; bigh mixed
ear, 43Q44c; No. 2 yellow, shelled, 4041c;
high mixed, shelled, 4040Kc; mixed, shelled,
39k40c -.-
Oats No, 2 white, 27V28c; extra No. 8,
25c: mixed. 2122c.
Rye No. 1 Pennsylvania and Ohio, 50351c;
No. 1 Western, 4950c; new rye No. 2 Ohio,
4647c;
1 lour Jobbing prices Fancy winter and
spring patents, $5 609 00; winter straight,
$4 7505 00; clear winter. $4 604 76: straight
XXXX bakers', J4 t 28; Rye flour, $3 60S
MXX.UEXS-Middlings, One white. $13 509
15 00 ton; brown middlings, $11 5012 00; win
ter wheat bran, $11 0011 25; chop feed, $lo 60
IB oa
HAT-Balod timothy, choice, $13 08813 GO;
No-ldo, $125091800; No. 2 do, $11 00ll2 00;
loose xroa wsgos, i wsjia w; aew say crop,
ARMOUR'S
EXTRACT OF BEEF.
ARMOUR & CO,, CHICAGO,
SOLE MANUFACTURERS.
This is now conceded to be tho best, in tbe
market, as witnessed by tbe fact that we have
inst secured the DIPLOMA FOR EXCEL
LENCE at tbe Pure Food Exposition, now be
ing held in Philadelphia.
CLEANLY IN MANUFACTURE,
SUPERIOR IN QUALITY,
And with the bright appetizing flavor of fresh
ly roasted beef.
. REMEMBER.
AEMOTJE,'S.
Iy5-19-MWF
khow thyself; jnv
1 1'B-r m a--Ti..nm ?t.i OT T. 1 Sj am
StCTXTff31 OF
A Scientific and Standard Popular Medical Treatise oa
tneiirrorsoi xoutn, irrematureuecuse.jNervoua
and Physical Debility, Impurities of the Blood,
i mum mi
512 AND 514 SMITHFIELD STREET.
PITTSBURG, PA.
Transact' a General BanMi Business.
Accounts solicited. Issue Circular Letters
of Credit, for use of travelers, and Commer
cial Credits,
IN STERLING,
Available in all paits of the world. Also issne
Credits
IN DOLLARS
For use In this country, Canada, Mexico, West
Indies, South and Central America.
au7-91-MiTT
Resulting from Folly, Vice, Ignorance, Ex
cesses or Overtaxation, Enervating and unfit
ting the victim for Work, Business, the Mar
riage or Social Relations.
Avoid unskillful pretenders. Possess this
Seat work. It contains 300 pages, royal 8ro.
eautiful binding, embossed, full gilt. Price,
only $1 by mall, postpaid, concealed in plain
wrapper. Illustrative Prospectus Free, If you.
apply now. The distinguished author. Wm. H.
Parker. M. D , received tbe GOLD AND JEW.
ELED MEDAL from Ihe National Medical As
socittion, for this PRIZE ESSAY on NERVOUS
and PHYSICAL DEBILITY. Dr. Parker and a
corps of Assistant Physicians may be con
sulted, confidentially, by maif or In person, at
the office of THE PEABODY MEDICALMN
STITUTE, No. 4 Bulfinch SL, Boston, Mass., to
whom all orders for books or letters for advics
should be directed as above. aulS-CT-Tursu-wk
GRAY'S SPECIFIC MEDICINE
CURES
NERVOUS DEBILITY,
LOST VIGOR.
LOSS OF MEMORY.
roll particulars la pamphlet
sent free. The aenalne Gray's -tpeclHc
sold by drnggists only In ,
yellow wrapper. Price, fl per 1
package, or six for S3, or br mall
-V w on receipt of price, by addreas-
ng THE GHAT MED1C1NK CO- Buffalo, H. Y
bold in Pittsburg by 3. 3. HOLLAND, corner
Smlthflelfl and Liberty sts. apC-U
Jm?
0k
sCi-A
ftlchMterCki
CHICHESTER'S ENGLISH
PENNYROYAL PILLS.
Ked Cross Diamond Brand.
Tha Anlr rell&Ma nfil fhr Hie. Rn. ad
are. lmAitm. ak ifrmmztat for l&i Dla.
Saaadii rndlar4 mttalUeboxef,feEll
mtaBincnwoa. iailHVUiin ccnaw.
(tamps) Sir panlcalan aad MKllef for
LavcUa.''Itr,lrjauH. "tArT,
wtoslOo, HaiHi m, PkHaaa. Pa.
Jjl-frl-ltT
MM
DOCTORS LAKE
SPECIALISTS in all cases re- ,
quiring scientific and conflden-
tial treatment! Dr. S. K. Lake, -
m. tt. u. r. o is tne oldest ana
most experienced specialist in
the city. Consultation free and
strictly confidential. Offlca -"
hours to 4 and 7 to 8P. M.; Sundajs, 2to4P. .
X. Consult them personally, or write. D0CT0B3
Lake. 90S Penn ave., Pittsburg, Pa. ,
Jel245-DWk
"
a flnllnn "Rnn
COMPOUND
noted of Cotton Boot. Tasar aad
Pennyroyal a recent discovery br an
'old physician. 1m tueeess'uBtf mer
morUAlyBafe, Effectual. Price $L by mfcL
sealed. Ladles, ask your' druggist for Cook's
Cotton Root Compound and take so sabstttata.
or Isoldes 2 stamps for sealed partloalSH. Ad-
onm rosu tu.riri, no, 3 n
Hook, 131 Woodwyd T8w, 1
s