1-
'SV
rTEADE IS FKEAKISH.
A Condition of Business That Experts
Find Hard to Explain.
FKAES OF A STEIKE ON MAY 1
Already the Cause of Some Uneasiness in
the Industrial World.
HOXEI EAST AND STOCKS ACTIVE.
nrzctAZ. TELroiun to tex dispatch, i
NEtv Yobk, February 7. Special tele
grams to Braditreel't indicate a moderate
improvement in the movement of general
merchandise east of the Rocky Mountains,
with more seasonable weather, and conse
quently a more active demand for staple
goods. Prices of cattle and bogs generally
tend lower on a free movement. Wheat is
depressed on the Pacific coast by free offer
ings and large interior stocks. Groceries,
drygoods and drugs are fairly active. Iron
prices are fairly steady, on the belief that
the demand will increase at an early date,
but anthracite coal is barely steady, with
no improvement in demand for domestic
purposes.
The industrial situation is attracting at
tention, with an increasing number of em
ployes on strike and an outlook for a strike
of considerable proportions May 1, in case
a general concession is not made that eight
hours shall constitute a day's work. The
price movement continues quite as irregular
a? for several months past.
ACTIVTTT XS RAILROAD STOCKS.
"Wall street has been abandoned to pro
fessional operators during the week. The
bears have been most active with Bock
Island and Chicago and Eastern Illinois.
Heading and Chicago, Burlington and
Quincy were supported and recorded sub
stantial advances. Money has been quite
easy, notwithstanding the decrease in the
New Tork bank surplus reserves and high
rates of discount at London. The brigbt
spot in the street has been the active de
mand for railway bonds, one or two new
loans having been subscribed for twice over.
Tee bank clearings at 35 cities for Jannary
aggregated $5,139;o,941, or 7J per cent
more than in January. 1889, 10 per cent
more than in December last, and are ex
ceeded only by montblv totals in October,
1889, and December, 1886.
The movement of flour has been dull, and
prices have been shaded. Stocks at New
Tork are officially reported at about 282,900
barrels, though it is notorious that the total
on dock and in store here exceeds that ag
gregate. Beports to Bradstreet's show
1,781,707 barrels in stock, first and second
hands, at 63 cities February 1, an increase
of 17,931 barrels since January 1.
A DIMINISHING flTHEAT SUPPLY.
Wheat reacted some after advancing 1
cent on heavy sales, depressing cables and
indifference of exporters, closing cent
upon the week. JSradstreet' reports of
available stocks of wheat east of Rocky
Mountains. United States and Canada,
show 49.691,349 bushels on February 1, or
4,535,827 bushels less than on January 1.
The month's decrease for both roasts is
5,985.761 bushels. Compared with a year
ago Eastern btocks are 2,276,737 bushels
larger, and for both coasts 3,977,169 bushels
larger. Bradstreet's total, with Beer
bohm's report of stocks in Europe and afloat
therefor, February 1, show a decrease of
9,558,585 bushels during January, or 8.3 per
cent, and a decrease of 13,925585 bushels
compared with February 1, 1889, or 11.6 per
cent.
Export purchases of corn have been free
at Atlantic ports, but free offerings and
large supplies depressed prices. Exports of
wheat are larger because of a larger move
ment from the Pacific coast. Exports of
wheat (and flour as wheat) this week from
both coasts cquai 2,214,917 bushels, against
1,613,854 bushels last week. The total
shipped from July 1 to date, is 64,032,698
bushels, against 59,455,509 bushels in like
portion of 18S8-"89.
TRADE SOMEWHAT DEPRESSED.
Sugar is depressed and weaker for both
raw and refined on moderate dealings and
discouraging cables, the latter declining 1-16
and 3-16 cent. Sugar has been firmer spec
ulatively at New York, and later in distrib
utive lines advanced and J cent.
Drygoods are more active at Boston and
- to a lesser degree at New York, but trade as
a whole does not equal expectations. Ging
hams, prints and wool dress goods are most
active. Prices are steady Cotton goods
are strong, some wide brown and bleached
sheetings having advanced. Print cloths
are very firm at late "advance.
Wooi is inactive, prices favoring buyers,
particularly on pulled and Territory grades.
Larger port receipts and weaker cables have
depressed cotton prices at all markets ex
cept New York, where strong speculative
buying has advanced prices Jc.
Business failures reported to Bradstreet's
are declining in number, amounting to 259
in the United States this week, against 286
last week, and 265 the corresponding week
last year. Canada had 57 this week, against
50 last week. The total number of failures
in the United Statessince January 1 is 1,887
against 1,871 in 1889.
A PERPLEXING SITUATION.
K. G. Dun & Co.'sweekly review of trade
says: It rarely happens that the situation
in business is as perplexing as it now ap
pears. The general tenor of reports is less
encouraging. Yet, in everv quarter there is
seen strong confidence in the future of busi
ness, and snch reaction as appears is gener
ally believed to be temporary. The mone
tary prospect has clearly improved. While
the bank rate in England has not been re
duced, the gains of $1,810,000 by the Bank
of England, and $400,000 by the Bank of
France, in gold reserve, lessen the chance
of a disturbing drain from that side.
Domestic money matters are generally
growing easier, with moderate or fair de
mand, collections also are average or fair
at nearly al! points, and definitely improved
at several; good at Chicago in drygoods and
hoots and shoes; more satisfactory at St.
Louis; mentioned as slow in few linen at
Philadelphia, bnt still below expectations
at Milwaukee. Money accumulates here,
notwithstanding the Treasury has taken in
51,000,000 during the week more than it has
paid out.
BAD WEATHER AFFECTS TRADE.
At almost all interior cities the unseason
able weather still retards many kinds of
trade, though Philadelphia reports more
activity in drygoods, in lumber and in other
building materials; Chicago a large increase
over last year in grain and provisions, but
a decrease of 80 per cent in wool receipts,
owing to the snow blockade, smaller sales of
drygoods and about equal siles of boots and
shoes. Cleveland reports a larger trade on
the whole than a year ago, but at St, Louis
trade is slightly restricted, at Kansas City
only average, at St Paul and Minneapolis
somewhat improved, but most other points
onlv fair for the season.
The larger branches of industry do not,
for the moment, show entirely energetic re
sults. Iron is unmistakably weaker at Pitts
burg and here, and while the steadiness at
Philadelphia is considered hopeful,"the busi
ness in bar iron is pronounced "extremely
dull;" in plates, Tery dull; in structural
iron, new business comes very steadily; in
nails there is not much doing at present,
and in steel rails only two or three moderate
tales are reported. The decline in England
is from 65 shillings 7 pence to 54 shillings 9
pence for Scotch pig.
OIL AND STOCK MARKETS.
Wheat has declined , corn and oats
of a cent, with moderate trading. Oil
has risen 2 cents, and hog products are a
shade stronger, but sales of sugar by
Spreckles" agent price here has dropped J?
lor raw and refined. Coffee is steady and
the minor metals all lower abroad and
weaker here.
Little depression has appeared in the
stock market, which is held Tery stub
bornly, the average of -prices being scarcely
a quarter of 1 per cent lower than a week
ago. The reported earnings of companies
are heavy, averaging for January a gain of
12 per cent over last year, when rates were
more demoralized. The foreign trade of
the country seems to shrink a little, as is
natural, alter the enormous business of last
vear, and exports and imports at New York
both show some decline in comparison with
a year ago, the returns, as usual, including
no specie, but merchandise only.
Business failures number 22L
A SPUBT IN EEADING.
The Big Conler Orernfaadoim In Interest
Everything Else In Wall Street The
ories Accounting- for the Rise
Other Strong Points.
New York, February 7. The stock market
was dnll to-day outside of Reading, which fur
nished nearly one-half of the transactions in
listed stocks for the day, and tally that pro
portion daring the morning hoars. The inter
est in Reading overshadowed completely the
remainder of the list, and while there was a
firm tone prevalent daring most of the day. It
was not until the last hour that any animation
was shown, and all the advances were made at
that time. The trading In Reading, especially
during the forenoon, was enormous, and the
price was rapidly advanced from 41$i to 4
without a break. The movement culminated
at that figure, and a reaction occurred.
There were several opinions as to the cause of
the rise, and one theory was that both the sup
porters and the opponents of the company were
baying, which squeezed the shorts, bnt the
general impression was that the bull clique in
the stock was forcing the shorts to cover. The
traders, of course, helped along the rise, and
rutuois of the existence of large stop orders at
42 helped the first advance. When the move
ment culminated the traders quickly realized,
and the price went back to 42. At 43J the
stock was for some time above the third in
comes, hut the latter soon roso to 4 while
the stock afterward went hack. The theory
that some large operators had been caught
short obtained many believers, and the name
of Mr. Cammack, Mr. White and Mr. Gould
were mentionodas the unfortunate ones, but it
was conjecture only.
In the last hour Lackawanna, helped by the
colder weather and rumors or the prosperity
among its Western lines, with Missouri Pacific
and Lake Shore, moved up sharply, the move
ment being accompanied by a marked increase
in the activity. The upward movement at this
time, however, extended to all the list and the
close was strong.
Among the specialties which showed marked
strength was Wheeling and Lake Erie pre
ferred, which upon advices of the successful
placing of extension bonds of the company in
London soon recovered the dividend. These
bonds, like those of the Norfolk and Western,
were subscribed twice over. Outside of tho
extraordinary strength In Colorado Coal the
general list presented absolutely no feature of
interest, and the trusts were quiet and stag
nant. The final changes are almost entirely in
the upward direction. Colorado is up 2, Lack
awanna 1, and others fractions.
Railroad bonds again showed a moderate
volume of business, but there were not so many
traded in to-day, and several issues figured for
large amounts. The Kansas and Texas 6s con
tributed $153,000; the Reading 4s $143,000, and
the Reading firsts $101,000 to the day's total of
Sl.780.OOa The feature of the dav were the
activity and strength in the Kansas and Texas
issues, but in tho general list, while a firm tone
prevailed, it was less pronounced than usual of
late.
The following taoie shows the pnees or active
stocks on the ew York Stock Exchange yester
day. Corrected dally ror The Dispatch by
Whitket & STxrnxKSOif. oldest Plttebnrg mem
bers ofew York btocE Exchange. 57 Fourth ave
nue: CIos-
Open- HUH- Low. lnr
In. hl est. hid.
Am. Cotton Oil Trust.. 27K I7X 27
Am. Cotton Oil S3
AtCD.. lop.S 3. r V.H Z3K 32K f
Canadian l'aclflc 75 "S - UH
Canada Southern -MS Wi 54, MH
Central orNewJrrsey.lSO 13) 119 119X
Central faelnt 334
Chesapeake a, Ohio .... Z5H
C Bur. A UuUict.....10SH :rH JIB 103
O. MIL, St- Paul.... 9 69f S9H 6K
C .siu.a at. .r.. pi....ns lisH iis4 j,i.h
U.. Koct L. 4 I" 93S S3 S3 83 H
C BU U 4 fltts 16 SH 16M 76)4
C St, U 4 Fltts. D 47
c. at. p.. m. & u as 33X n mk
C. 4 Northwestern 1WK 110i 110 110M
Cft Hortnwestern. nf. HI
C C C. A 1 72J4 72M 72 72
C. U. U.&L. or VIM
CoU Coal ft iron 9M Bl) 49 H
Col. A Hocking val ..22 22 21 H Ml,
Deu. L. A W... 136X 137k' J36X li'H
Del. A Hudson. 151
Denver&ltloU 16
Denver A KioU.. nt... 50H SOS 60S SOX
K.T.. Va.AUa - 91 9 M 9
fc. T.. Va. A Ga. 1st Df. 73
ft.. Va. &Ua.2dpr. 28! 24 2JX 231,
Illinois Central. 31S
Lite Eric Yestcrn.."18K 1SH 1?H 1SX
Lakefcnes West Dr.. 66K SDH 64J G6M
LateStiore AM. 3.....10G loct( 103 106
LoulBYilleANaiavllle. 90 MX 88 89
Michigan Orair 945 95 9i 95-
MobUe Ohio 16S
Mo.. Kan. A Texas.... 10 KK 10 10
Missouri paclflc 74H 753 H KH
S. X.. L.. C A VY ... 27S 27H 27 27
N.Y..L.E.V.pref. 81
It. X.. ti Abt, t, 17K
N. It., C A St. L. of. 70t
N.Y.. U AHt.li.24sr 3Mi
N. It A.N. E ASH 4Sit 4SJ, 4S!
t. If.. O. A W 19 19 19 19
.Norfolk a Western UH
Norrolfc Western, pr. K4
Northern Pacine X:
Nortnern facinc pre& 75
Ohio A Mississippi..... 71H
Oregon ImDroremest. . ... .... 47
Oreeon Transcon 17 27 3G ItX
hacincala.il 29K 39X SH SlU
Peo. Dec A Evans 20
PMladct. A Heading. 4IH 43 41M 42
Pullman Palace Car 1S3
Richmond X W. p. T.. 22 3 22 I2
lUchmond A W.F.T.nr 79 794 79 79Ji
St. P.. Minn. A Man..li:X ltt 112 J12)i
St. 1 A San Fran 17
St. L. A San fran or.. Si'A 23X 33 23
St.lv. A San K. 1st pi. 84
Texas Pacific 2IK 21 21 S 21t
Union I'aclnc i7H K! C7!j 67'i
Wabasn 13H I'M 13W x
Wabash nrererred 23t 29 28S 23 S
Western Union 84 Wi 8l'a 84
Whrelinir A L. ..... 6 C3Ji ess C9
Suirar Trust. 59 59 58X 69H
National Lead Trust.. 19 lt'4 19 19
Chicago Gas Trust.... 47K ISX iH UH
Ex-aiYldend.
LIVE STOCK MARKETS.
The Condition of Baslnesa at the East Llbcrtr
Stock Tarda.
OFFICE OF PlTTSBtntO DISPATCH, I
FbIDAT, February 7, 1S90. ?
CATTLE Receipts, 756 head: shipments, 7S4
head: nothing doing; all through consignments;
no cattle shipped to New York trday.
Bogs Receipts. 1,500 head: shipments, 2,500
bead; market acttve: medium and tops H 20
4 23; pics and extreme light, S3 804 00; 5 cars
of hogs shipped to New York to-day.
Sheep Receipts. 1.000 head: shipments,2,40O
bead: market slow and unchanged prices.
Br Telegraph.
Nkw York Beeves Receipt?. 2,400 head,
mainly ior slanghterers ant? exporters direct;
trading was dnll and limited: nrdlnarv tn good
steers sold at $3 8o4 70; balls at J2 S03 25:
exports, to-day and to-morrow. 430 beeves and
3.200 quarters of beef. Calves Receipts, 100
head: dull at 5 007 50 for veals, and at S2 00
3 75 for graders and western calves. Bheen
Receipts. 2.500 head; slow at former prices and
not all sold; sheep ranged from S4 50 to $8 37
per 100 lbs, lambs from t6 00 to f7 25. Hogs
Receipts, 4.700 head; all for slaughterers
direct: none offered alive; nominal value,
S4 00140.
CHICAGO Cattle Receipts. 7.000 bead: ship
ments. 3.000 head; market stronger;
beeves, $4 605 00: steers, S3 003 75; stackers
and feeders, 2 203 50: Texas steers, $3 00
3 50. Hogs Receipts. 27.000 bead; shipments,
10,000 heaa; market 6c lower, closing steady;
mixed, S3 75i 95; heavy, 3 754 00; light, $3 75
1 05: skips. $3 0023 65. Sheep Receipts, 7,000
head: shiuments, 2,000 head: market steady;
natives. $3 5066 00: western cornfed. $1 50
5 80; Texans, $3 505 00; lambs, So 00S 4a
BT.Louis-Cattle Receipts. 900 bead; ship
ments, 800 head; market steady: good to fancv
native steers, (4 204 90; fair to good do, 3 20
4 30: Blockers and feeders, f 1 S03'20; range
steers, $2 003 50. Hogs Receipts, 4,100
head; shipments, 1,100 head; market slow;
fair to choice heavy, 73 904 00; pack
ing grades, $3 753 90: light, fair to best,
t3 70385. Sheep Receipts. 1,800 head; ship
ments 500 head; market strong; fair to choice,
S4 403 43; lambs, $5 006 SO.
KAX8A Cmr Cattle Receipts 3,800 head
shipments, 2,400 head: market steady;
steers, $3 254 75: cows. 1 7502 70: stockers
and feeders S2 S03 2a Hogs Receipts,
700 head: shipments, 100 head; market weak but
active; all grades. 703 SO; bulk, $3 75.
Sheep Receipts 1.400 head; shipments, 1,100
head: market steadr; good to choice mut
tons and lambs, 3 505 40; stockers and feed
ers. 8505 25.
Buffalo Cattle steady and unchanged; re
ceipts. 127 loads through, 6 sale. Bheep and
lambs Good grades steady: common Inactive:
prices irregular: receipts, 5 loads through, 22
sale. Hog4 steady; receipts, 28 loads through,
30s!e;roedtnms and heavy, 4 204 25: mixed
and Yorkers, J4 204 25; pig. 4; roughs, S3 25
3 5a
Entire satisfaction can come only when
the best is used. In making beer the Iron
City BrewingCompsny employ the choicest
ingredients and their patrons are always
pleased. All dealers keen their celebrated
Iron City, Pittsburg and Pilsner brands.
IROJf TRADE REYIEW.
Some Lines Softening, bat Standard
Brands Are Strong in Tone.
STORIES OP CDTTIKG MAGNIFIED.
Ho Eeal Changs in the Situation at St.
Lonis and Cincinnati.
THE PEATDKES OP THE OTHER MAEKETS
The transactions oi the past week: have
been light, and if there has been any change
in prices it has been toward a lower level.
Gray forge and Bessemer irons show soften
ing tendencies and there is some shading on
quotations by holders anxious to realize.
Holders of standard brands are, however,
firm in their views, and while trade is light,
as it always is at this season of the year,
there are no signs in sight of a reaction to
the recent boom. Consumers stocked up
well in the latter part of last year and there
is no necessity as yet to buy heavily. The
present policy of consumers is the hand-to-mouth
policv, and until the large stocks
laid up in December aro used up there is no
probability of any change for the better.
There has been a slight decline of neutral
mill iron and Bessemer since the beginning of
the year. On the other hand, foundry irons are
a shade higher.
Nails are dull but unchanged. There is a
strong undertone of confidence in the markets
on the part of dealers, but so far results fail to
furnish anything comforting In the situation.
The demand for steel rails is still strong, and
at the Edgar Thomson Works, notwithstand
ing increased capacity, orders are in sufficient
to absorb all the output for the first half of the
year. Following aro tho latest prices as fur
nished by leading dealers:
JSentralmlll
All-ore mill
o. 1 foundry, native ore .
No. 1 foundry, laVeore....
,..17 73518 00 cash
.. 18 K18 50cash
.. 19 50(320 00 cash
.. 20 1C2) ii cash
uessemer .
, zs w(t23 59-casn
Spiegel 37 00GW3 00
.aiucKnar
SU-cl blooms
Meelslins
Steel hllletl
Meet K.U. ends
feteel bloom ends
Old Iron rails, American Ts..
Old steel rails, short pieces..,
No. 1 W. scrap
Mo. 2 W. scrap
bteel rails, new
htfst H. llrhtBec
liar Iron 1 95 I 00
bteel nails, per ke;, nsnal dls.... 2 50
'Wire nails, per kee 2 80 2 95
Ferro manganese 103 00
More Strong Than Wrnk Features.
rSFECIAI. TELEOEAM TO Tn DISPATCH.
Cinctknatt, February 7. Rogers. Brown 4
Co, say : While the iron market continncs dull
and lethargic, there are more strong than weak
features apparent. It is asserted positively by
those in the best position to judge that current
consumption is keeping fnll pace with produc
tion. This seems to bo proved by the fact that
foundry and forge irons are nowhere accu
mulating, and that furnaces are pressed to get
forward deliveries on contracts. Although
buyers have persistently held aloof for six
weeks, and active bear influences have been at
work, prices have been firmly held. The avoid
ance of a strike in the Connellsville coke dis
trict, with the probable advance in price of
coke, will remove another element of uncer
tainty and further enhance the cost of pig. It
is thought that another buyingmovemept mast
set in soon; and if tne demand iswhat many ex
pect, there will be another upward turn in
values. Southern makers hold firm to their
schedule and decline to make concessions.
There is not much speculative iron offering.
IRON FIKM AND QUIET.
Tbnt Is the SItnnllon Generally Observed In
the Philadelphia Market.
SrZCIAL TELEGRAM TO Till DISPATCII.
Philadelphia, February 7. The pig iron
market remains firm and quiet. There Is a
disposition on the part of producers in the
West, South and East tn hold up tba market,
and the furnace men in each district are sus
taining prices in their respective localities
withont seriously encroaching on each
other's territory, transactions are generally
confined to small lots. Pretty much the
same condition prevails throughout the
iron market and the undertone appears to
be firm. The furnaces In blast and mills in
operation continue to produce a large output,
hut there is no heavy accnmulation of stock.
Furnacemen say that the small furnaces which
arc about to be put into blast will not affect the
market
No. 1 foundry is quoted at $20 per ton. No. 2
foundry at $19, and gray forge at 118, delivered
at tidewater, with 50c to $1 extra fur exceptional
lots. Bessemer Iron is worth S21 6022 at the
furnace, billets 3738 delivered; steel rails
$36, old rails S2S 50, with some exceptional lots
held at 30. Bridge plates are firm at 2.8502.4c;
ancles. 2.32.35c;ties, 2.82.9c;beams and chan
nels, 3.1c; muck bars, $33 f. o. b. at the mill;
skelp, L952c for grooved and 2J02.15c for
sheared. The sale to a Cleveland syndicate of
valuable Lake Superior ore property awakens
much interest in the trade. Iron manufactur
ers have no fear that the ore market will be
cornered or exorbitant prices exacted, as mill
ions of tons of good iron ore are yet unmined
in Virginia.
THE CUTTING MAGNIFIED.
There Is Really No Change In the Situation
at St. Lonis.
rSFKCIAt. TELEGRAM TO THE DISPATCII. 1
St. Louis. February 7. Rogers, Brown A
Meachara say: Inquiries during the past week
have been somewhat larger than In January,
but there continues to be a gap between the
demands of Southern furnaces and the figures
that consumers seem willing to pay. A few so
called outside lots, on which cut prices have
been made, are magnified and reported over
and over again, causing consumers to think the
market weaker than the facts justify. Most of
the Southern furnaces are holding up prices
firmly and decline to make concessions. Makers
of Ohio softeners are fairly well sold, and their
quotations in this market show no signs of
weakening. Pending the settlement of wages
at Connellsville. no quotations are made on
foundry coke. We qnotefor cash, f. o. b., St.
Lonis hot blast coke and charcoal:
Southern Coke No. 1
Southern Coke No. 2
Southern Cote No. 3
Southern (jray Korge
Southern Charcoal No. 1
Southern Charcoal No. 2
Missouri Charcoal No. 1
Missouri Charcoal No. 2
Ohio Softeners
Car whel and malleable Irons:
Lake Superior
Southern
, tie srgra oo
19 01(319 SO
18 50319(0
18 OMjIS SO
20SO&21S0
2oaa2C50
, 2100(32150
,.f24J
,. 22 (
3C5 00
5:150
Some Bnyern Disappointed.
SPZC1AX, TELKOKAM TO THIS DISPATOH.1
Chicago, February 7. Rogers, Brown fe
Co. say: Borne of the buyer who have been
looking for a break in prices as the resnlt of
the quiet market since Christmas, are disap
pointed. Values In the main have held up
well. Foundries are taking iron rapidly on old
contracts, and will shortly have need to re
plenish stocks. Here and there a speculator
or weak-kneed furaaceman has been running
around with small lots at cut prices, bnt the
effect, while disquieting, has not been marked.
Lake Snperlor charcoal furnaces were perhaps
never sold so extensively ahead as at this time.
Good Ohio softeners are in steady demand.
Current business continues in small lots and at
practically unchanged prices.
Keiv Tork Quotations.
NEWYonit, February 7. Pig Iron steady;
Copper quiet; lake. February, 114 20. Lead
dull; domestic, 3 82 Tin closed steady at a
decline; Straits, 20 to.
BUSINESS NOTES.
A local capitalist is negotiating for 11 acres
of land near Braddoclc
It is hinted, bnt not believed, that the Penn
sylvania Railroad is buying control of the
Reading.
Sfbottl & Lawrence expect to have their
private wire in operation by Monday, connect
ing them directly with New York.
Alexander Dempstee has been elected a
director of the M onongabela National Bank, in
place of Mr. James McCandless, of Philadel
phia. J. W. Abbott proposes to Insure rents
against loss by fire. Be Is the first to introduce
this novelty in Pittsburg. It is an English
Idea,
The City Savings Bank reports that the
Second Avenue Passenger Railway Company 6
per cent bonds are bolng taken with fair rap
idity, ana that the whole issue will soon be
sold.
George B.Hxll returned yesterday from
New York, where he attended the meeting of
the National Lead Trust He is well pleased
with the report, and also with the action taken.
The organization controls SI of the lead con
cerns of the country and Is reaching out for the
rest of them.
KI UUKO.U UJ
35 .iG W
.11 SC.tS 00
35 5a3(I60
it KGoM 50
22 0C22S0
woor&soo
22 50a V)
3 5C:4 00
2000
15 00(3)38 00
35 0U(37 0t
THE PITTSBTJIIG- DISPATCH,
' A GOOD BUSINESS
In a Speculative Way la the Chicago
Wheat Market The Bavins and Sell
ing Pretty Evenly Divided
The .Features.
Chicago, February 7. A good business was
transacted in a speculative way in the wheat
market to-day, but the volume was not as large
as yesterday. The buying and selling seemed
pretty evenly divided. A considerable portion
of the business was on outside account. The
opening was KKo lower than yesterday, off Jo
more, recovered attain, selling to outside points
and closed about He lower than yesterday. The
decline here yesterday had a tendency to
change the feeling abroad and foreign advices
generally noted a quiet and easier tone. The
principal weakening feature was the snow
storm, which it is claimed was quite general
over the winter wheat belt.
A moderate business was transacted in corn,
the volume of business being very fair consider
ing the narrow range. The feeling was rather
easier on" the general features, while the dis
tant deliveries ruled rather firm. The market
opened a little weaker, a shade under yester
day's closing prices, receivers selling quite
freely, which was quickly taken by local opera
tors. The market closed a trifle lower than
yesterday. The cut in rates from Nebraska
points was hardly as much as was generally
anticipated. The cnt is equivalent to abont
l2Kc, and to 5c, the outside figure being
tor Western points.
Oats were weaker and a shade lower. Trad
ing was considerably lighter, but a fair busi
ness transpired. Parties who bought May
yesterday were again moderate purchasers.
One of the leading sellers of yesterday also
bought fairly. A mbderately active trade was
reported in mess pork, and the feeling was un
settled. Prices ruled 710c lower, and the
market closed quiet at medium figures. Trad
ing in lard was light and the feeling dull.
Prices inclined in favor of buyers. Only a
moderate trade was reported in short ribs, and
the feeling was weak. Prices ruled 2K5c
lower ana closed tame.
The leading futures ranged as follows:
Wheat-No. 2, May. 7e7978)78Kc:
June, 7aii7S7878Jgc; July, 777i7f
77Kc
corn jno. i March, zaxo2XHrjaneia?Bc;
June. 22Kffi22K21&22Kc
Mess Pork, perbbU March. J977K982K
9 77K9 77K; May. S10 12V10 U)k) 9509 95;
June, 510 1010 1110 02K10 02.
Lard, per 100 Sis. March, 15 855 85;
May. 5 97K5 97H5 97J405 97& June, J8 05
6 02;.
Short Ribs, per 100 Bs. March. S4 72K
4 754 724 75: May, H 84 Sl)i 8o
4 85: June, SI 954 92&
Cash quotations were as follows: Flour
unchanged. No. 2 spring wheat, 75c; No. 3
spring wheat, 676Sc: No. 2 red, 75c No. 2
corn. 2Sc No. 2 oats 2021c No. 2 rye.
43c. No. 2 barley, 5557c No. 1 flaxseed.
tl 38. Prime timothy seed. SI 20. Mesa
pork, per bbU 9 65 70. Lard, per 100 lbs.
So 8a Short ribs sides (loose), 4 701 80.
Dry salted shoulders (boxed), unchanged: short
clear sides (boxed), S5 005 05. Sugars un
changed. Receipts Flour, 9.000 barrels:
wheat, 14.000 bushels: corn, 115,000 bushels;
oits, 118,000 bushels; rye, 6,000 bushels; barley,
49.000 bushels. Shipments Flour. 12,000 Darrels;
wheat, 7,000 bushels: corn, 231,000 bushels; oats,
201,000 bushels; rye, 6,000 bushels; barley, 49.000
bushels.
On the Produce Exchange to-day the butter
market was unchanged. Eggs, 13c.
Philadelphia Flour dull and weak.
Whe-U dull; options a shade lower in sympathy
with the West, but no change in values of de
sirable milling grades; ungraded, In grain de
pot, 83c; rejected, 6070c; fair to good milling
wheat, 78084c; prime to fancy western, SiU'icc:
No. 2 red. February. 80UffiS0?c: March. 81li
81JJC; April, 82K82Jc; May, 83K84c Corn
Options H&o lower; car lots dull and in
buyer's favor; No. 4 high mixed, on track, 32c;
No. 3 quoted at 34034; Steamer quoted at
85c. in export elevator. S837c. For local
trade: No. 2 mixed, in grain depot, 37c; No. 2
high mixed, on track, 38c: No. 2 in
export elevator quoted 3636c; No. 2 mixed,
February. 36X3c; March, S6)i36Kc; April.
3636Jgc; May, 87K375c. Oats Car lots
lino: ungraded white. 29Kc; do fancy clipped,
33c; No. 3 white, 29c; No. 2 white, 30c: futures
quiet: No. 2 white. February, 2929fc: March,
2SK29Kc; April. 229c; May, 2929c
Batter firm; good demand for fine goods: Penn
sylvania creamery, extra, 2829c; do prints,
extra. 3336& Eggs firmer; Pennsylvania
firsts, 13KHc Receipts Flour, 600 barrels;
wheat, 4,500 bushels; corn, 143.300 bushels; oats,
6,500 buibels. Shipments Wheat, 2,000 bush
els; corn, 110,100 bushels; oats, 12,000 bushels.
St. Louis Flour very quiet bnt values
steady. Wheat lower: the May option touched
the lowest point to-day yet reached; the close
was weak with MayJc June about the same
and July 1-lGc below yestprday; No. 2 red. cash,
75c: March closed at 76c hid; ilav. TP.z
asked: Jane, TtliQTftic asked; July, 74i74jc
asked; Augusr, 74MC. Corn lower; No. 2
mixed, cash, 24c; February closed at 26c
bid: March, 26K: bid: April, 26c bid: May.
27Kc bid; July, 2SV2SJc asked; August, 28J$c
bid. Oats closed firm; No. 2, cash, 21c bid;
May, 21Jc Rye No. 2, 42c asked, with no
bids. Barley dull; Minnesota, 63c; Wisconsin,
51c; Iowa, 35c Flaxseed quiet at SI 251 30.
Provisions dull and generally easier.
Minneapolis Wheat Receipts fortbepast
24 hours, 290 cars. The demand for spot wheat
was slow, and to sell anything short of the
finest selections considerable concessions had
to be made Some local millers wanting wheat
declined to buy it even at the small concessions
made. Closing quotations: No. 1 hard, Febru
ary, 76Kc; March, 76; May, 78c: on track,
77c:No. 1 Northern, February, 75; March,
70c; May, 77c; on track. 76K77c: No. 2 North
ern. TSJic; March, 74c; May, vdjc; on track, 73
Kc
POULTRY YEEI SCARCE.
One nf the Commodities of the Market
Basket Comes Higher.
The principal change in market basket mate
rials the past week has been in poultry, which
is scarce and blgbor. Tropical fruits are drift
ing downward. Florida strawberries are in
bountiful supply at lower rates than last Satur
day. At the Diamond market fruit and vegetable
stalls a quiet week's trade was reported. But
ter and eggs are both weak, and, while jobbers
report a shade lower prices, the difference
makes little impression on the retail trade.
Ocean products are in good demand at old
prices. One of our leading dealers reports im
provement on last week's trade and more life
to markets.
JUore Like Fancy Goods.
In floral lines prices are unchanged, and a
good volume of trade is reported for the week.
Batchers change not in their rates for staple
meats, whatever the fluctuations in live stock.
At present prices of cattle, hogs and sheep the
butcher who has a good trade should realize
handsome profits. Following are retail prices
of market basket materials as furnished by
leading dealers:
Staple Meats.
The best cuts of tenderloin steak range
from 20 to 25c, with last figure for very
fancy; sirloin, best cuts, from 15 to 18c;
standing rib roast, from 15 to 20c; chuck
roast. 10 to 12c; best round steaks, 15c; boiling
beef, 6 to 8c; sweet breads, 20 to 50c per pair;
beef kidneys. 10c apiece; beef liver. 6c a pound;
calf livers, 25e apiece; corned beef from 5 to 10c
per pound. Veal for stewing commanas 10c;
roast, 12 to 15c; cuilets, 20c per pound; spring
lamDS, fore quarter, 10 to 12c; hind quarters,
13c A leg of mutton, bind quarter, of prime
qpality, brings 12c; fore quarter, 8c; loin of
mutton, 15c; giblets, 5c per pound.
Garden StufK
Potatoes, 15c per half peck; Jersey sweet pota
toes, 25c per half peck; cabbage, 5 to 10c;
cauliflower, 75c to SI each; tomatoes, S5c
a quart; celery, 6c a bunch; bananas,
15 to 20o a dozen: carrots, 6c a bunch; lemons, 25
to 35c per dozen; oranges, 25 to 40c; lettuce,
6c per bunch, 6 for 25c; beets, 3 for 10c;
string beans, 35c a quarter peck; onions, 20
to 35c a half peck: Spanish onions, 5 to
lUc each; pie pumpkins, 10 to 85c, according
to size; Malaga grapes, 20 to S5c per pound;
turnips, 20c per half peck; cranberries, 15c a
quart; cucumbers, 15 to 35c apiece: mushrooms,
SI a pound; Bermuda onions, 3514c per peck;
Key West tomatoes. 60c a quart: radishes. 7c a
buuch; beets, 15c a bunch; asparagus, 35c a
bunch; strawberries, 60c a quart.
Choice creamery butter, 85c Good country
butter. 30c Fancy pound rolls, 35c
The retail price for fresh country eggs Is 20c
The range for dressed chickens is 75c to $1 25
per pair. Turkeys, 20 to 25c per pound. Sucks,
SI 2S to SI 60 per pair.
Ocean Product.
Following are the articles In this line on
the stalls, with prices: Lake salmon, 12$c; Cali
fornia salmon, 40c per pound; white fish,
12c; herring, 4 ponnds for 25c; red snap
pers, 15 to 20c per pound; Spanish mackerel, SOo
to 35c a pound; sea salmon, 40o a pound;
blue fish, 25 to 80c; perch, 10c; halibut, 25c;
rock bass. 30c; black bass,lc; lake trout, J2Kc;
lobsters, 26c: green sea turtle, 23c; mackerel,
20c small, 40c large. Oysters: .N. Y. counts,
SI 75 per gallon; clams, SI 25 per gallon; scol
lops, 60c a quart; frogs, ft 00 per dozen;
soft shell crabs, 75 per dozen; devil crabs, 85c
per dozen.
Flowrrs.
La France roses, S3 per dozen; Mermets, 82 60
per dozen; Brides, 82 60 per dozen; yellow and
white. SI 60 per dozen; American Beauties, SI
to SI 60 apiece; Magna Charts, SI to SI 60 apiece;
line's 3 a bunch; tulips, 76o per dozen; violets,
12 SO a hundred.
T ft VPS of Statesmen Is the subject of Miss
liU l.IJO Grundy, Jr.'s Washington letter for
to-morrow's mammoth issue of the people's
paper.
SATURDAY, FEBRUARY
DOWN-TOWN DICKER.
A Choice Bit of Business' Property on
Third Avenue Picked Up.
ANOTHER EIGHT-STORY BDILDIBG.
A Hanufactnrer Points Oat the Danger
Lurking in dears and Pipes.
DIRECTORS OF THE CHARTIERS G1S CO.
Another downtown business property
changed owners yesterday. C. H. Love, 93
Fourth avenue, sold for Charles Reno to
Kaskel Solomon, of the J. M. Gnsky cloth
ing house, Nos. 72 and 74 Third avenue, two
brick-homes, one five and the other four
stories high, built by the late Benjamin
Sineerly, with lot 40x80 feet, for ?22,500. It
was offered something over a year ago lor
?20,000.
It is the purposeof the purchaser, at the
expiration of the present lease, to trar down
the ola buildings and erect a fine eight-story
business block on the lot.
I
To the Financial Editor of The Dispatch':
Will yon please publish, for the Information
of many stockholders, the enclosed list of
names of directors of the Chartiers Natural
Gas Company: James A. Chambers, James
Laughlln. Jr., H. Sellers McKee, Adam Clark
Dravo, William H. Singer. William E.
Schmertz, Duncan C. Phillips, Calvin Wells,
John H. Dalzell, MarkW. Watson, James M.
Bailey, Daniel C. Ripley and Edward E. Den
niston. Nemo.
A well known manufacturer remarked yes.
terday: "Ihe sign, 'No Smoking Allowed,'
should be posted in every mill, factory and
store, and not only posted, bat Its meaning
should be strictly enforced. A man with a pipe
or cigar in such an establishment is as danger
ous as an infuriated bull or a drunken man
with a pistol. Many mills, factories and public
places have such a sign, but in many cases it is
a dead letter. A distinguished visitor is some
times allowed to go through with a cigar in bis
fingers. Poprietors often forget their own In
structions and smoke. Many fires which seem
mysteries to most people are caused by hot
ashes from a cigar or pipe. Insurance com
panies should insist on abstinence from smok
ing in buildings fall of inflammable material."
Homer City, Indiana county, bids fair to be
come the center of an important coke region.
Some time ago Mr. J. M. Guthrie purchased 00
acres of laud underlaid with coal. His plant
now consists of 26 ovens, built as an experi
ment, and the output from these ovens has
from the first found ready sale fie has now in
course of construction a large number, which
are being finished and utilized as fast as possi
ble. Mr. Guthrie is now negotiating for what
is known as the Mikesel plant, and. should be
succeed in getting it, will commence at once
the erection of 200 ovens. Quite a number of
other capitalists are looking over the field,
from Philadelphia, Pittsburg and other places.
The coal is said to make better coke than is
made at either the Milwood, St. Clair or
Latrobe mines, and as good as that produced in
the great Connellsville district.
w
An electrician has just patented something
as new as It is unique in the wav of a clock.
Aside from being a regular time piece and
calendar, it is also provided with a system of
keys, making a double circuit around the ont
side of the clock, the first one to denote the
hour and the minnte, and the oth er the day of
the month. The object is to furnish thereby a
regulator for business appointments. For
insunce, if a man bad an appointment at 9:10
o'clock one morning, he wonld turn the indi
cator to that time At the minnte exactly that
morning an alarm would be turned in, and
would continue to ring until stopped.
Joseph Van Ormer, of Cambria county, Pa.,
report:! tho finding of a new coal vein at Van
Ormer station, half a mile above Fallen Tim
ber, on tho Cresson and Clearfield Railroad.
This new find is a matter of great interest to
' people inhabiting that vast area of coal terri
tory in Cambria connty, and also to parties in
Edensburg, who have money Invested in that
section. Mr. Van Ormer has already leased
his coal property to parties in Hollidaysburg,
who propose to commence mining operations
in the near future. Many years ago search
was commenced for this vein of coal, which was
known to exist, according to the geological
structure of the formations, in' that section of
the country, and thousands of dollars have
been expended in making developments.
The following is taken from a Philadelphia
letter in the jimerican Manufacturer: "The
activity in building operations is the most en
couraging feature at present. Last month 402
two, three and four-story dwellings were
started. The bricklayers have decided to ask
for a 20 per cent, advance in wages. The other
branches of the building trades have as yet
taken no definite action, but agitations are in
progress. The builders and the promoters of
various kinds of new enterprises are somewhat
concerned at the possibility of an interruption
to their operations through strikes. In several
places in Eastern Pennsylvania large sums of
money are to be Invested in bouse, mill and
shop building, and the managers of these en
terprises are extremely anxious to make their
contracts now."
The statistics of coal mining in Pennsylvania
during the year 1833, as presented in the report
issued by the Bureau of Industrial Statistics,
shows that there were mined in Pennsylvania in
1883,75,410.711 tons of coal, of which 41.638,420
tons were anthracite, and 33,772,285 'tons were
bituminous. This includes the coal shipped to
market and used in and about the collieries.
There are 1.002 collieries, 3S9 anthracite and 613
bituminous. There are 18,623 coke ovens, and
the production of coke was 6,217,729 tons. The
number of persons employed in mining coal
was 178,855, of which 123,984 were employed in
side and 54,871 outside. The number of tons
mined in the anthracite m!ne3 for each em
ploye was 343 tons, and in the bituminous mines
636 tons. The average in all the miues of the
State for each employe was 439 tons.
A few days ago T. N. Barnsdall, of Bradford,
sold to 0. P. Weston, G. H. Preston, of Kane;
C. H. Noyes. L. G. Koyes, O. F. Hoffman,
Francis Henry, Myron Waters, George SHI and
A. D. Wood, of Warren, bis entire interests in
Elk county, consisting of 900 acres, on which
there are a number of producing oil wells,yield
ing about 275 barrels per day. The sum paid
was 325,000.
LOCAL SECURITIES.
Slow Movement, bnt Some of Ihe Specialties
Show a Firmer Front.
There was very little vitality in the stock
market yesterday, sales being only 110 shares,
but there was a better feeling and several of
the specialties scored handsome advances,
Conspicuons among the properties showing an
improvement were Chartiers Railway, which,
was bid up to 60 without sellers, and Switch and
Signal, which closed strong at 17 bid.
Natural Gas stocks were firmer, but the
Tractions were quoted at concessions, and bad
a weary look. It was said that Central would
start cars Monday or yesterday. Pleasant Val
ley was held at 23, with 2 bid.
MOUSING. XTTIEKOON.
Hid. Asked. Jlld. Asked.
Allegheny Nat. Bank.. 62
Uuquesnc Nat. Hank 165
Fidelity T. & T. Co 151 .... Ml
Iron & Glass Doll.Sav. 90
Keystone li'k or Pitts 71
Masonic Bank 81,S
Third Mat, Bank 170
Allegheny Gas Co.. ill &H ....
DOUII1S1U UIB WJ., Ill, ... 29 ...
Chartiers VallevU. Co. .... 40
People's H. (i. & l'.Co. 14 ltli 14
S9
Pennsylvania Gas Co.. 13tf ....
Philadelphia Co 31tf SIX K "Jf
Fine Kun Gas 7s .... 78
Westm'el'd & CamhrU .... 22
Wheetlnar Gas Co...... UK 'SH
Central Traction 31V Zli UK
Citizens' Traction. C3V(
Pitts. Traction 40 43 41H 44
Pleasant Valley 22J( 23 2:jj Wi
Chartiers Railway 50
Pitts. Junction It. 11. Co 3214:
P. C. ASt. L, 24 27
N.Y. & CGas Coal Co 343f
La Moria Mining Co... M H it
Lnster Mining Co mi .... 24 H)?
Allegheny Co. Electric .... 98
Westlnghonse Electric 47J1 43 47K ....
Granite Hooting Co 30
MongahelaNav. Co tSH WJj
Mon'gahela Water Co. .... 35 .... 33
D..8Ig. Co 17H H MX WX
WesUnghonseAlrb'ke. 109 .... 1CSX 110
Sales at the first call included 60 ahare of
8, 1890.
Allegheny Heating Company at 100. $2,000 Pitt
burg Traction bonds at 107& flat. 10 New York
and Cleveland Gas Coal at 35, and 40 Wheeling
Gas at 18, In tho afternoon 10 shares of Air
brake brougb 1C9',
Sprout & rence sold 100 shares of Pitts
burg Plate Glass at 200, and bought 600 shares
Pittsburg Traction at 42, buyer March L W.
H. Watt sold 60 shares Pleasant Valley at 2
Andrew Caster sold 10 shares Commercial
National Bank at 96. and 10 shares New York
and Cleveland Gas Coal at 36. M. L. Jenkins &
Co. sold 60 shares of Central Traction at 31,
and 40 Wheeling Gas at 18.
The total sales of stocks at New York yester
day were 270,713 shares. Including Atchison,
3.270; Delaware, Lackawanna and Western 30,
465: Lake Shore, fi.450; Louisville and Nash,
vllle 6,609; Missouri Pacific, 10,200; Reading, 112,.
890; St, Paul, 6,300.
FDNDS ACCUMULATING.
Banks Piling Up Cash Agnlnst the Antici
pated Big Spring Traiir.
While there was no particular change in any
direction in local monetary matters yesterday,
the situation was represented to be entirely
satisfactory and the outlook encouraging. With
only a fair demand for discounts and heavy de
positing fnnds accumulate, and the regular
rate is 6 per cent., although in some cases 7 is
exacted. The latter, however, is exceptional.
Bank clearings keep above the two-million
mark. Exchanges yesterday were $2,061,78823
and balances $387,185 44.
Money on call at Nnw York yesterday was
easy, ranging from 24 per cent; last loan,
2: closed offered at 2. Prime mercantile
paper, 66 Sterling exchange qniet and
weaker at 34 tfyi for 60-day biUs and 84 87 for
demand.
Closing; Bond
Quotations.
M.K. AT. Gen. 39 . 63
Mutnal Union 6s.... 102
N. J. C. Int. Cert...lll
Northern Pae. liU.AHH
Northern Pac.:ds..tl4
Northw't'n consots.142
Northw'n deben's.,110
Oregon A Trans. 6s.lt5K
St. Ij. AI.M. Gen. 3s 91S
St. L.4 8.1'. Gen. M. 110
tit. Paul consols ....IZ6J(
St.FI. CMil'c.UU.118
U. 8. 4s, re ran
U. B. 4s. coup 123!4
U.S. 48, reft 103;
U. S. 4Hs, coup.... 104K
Paclflcte ofU. lis
Lonlslanastampedta Vlii
Missouri Ss 100
Tenn. new set. Ss... 107M
Tenn. new set. 5a. ...102)4
Tenn. newset.3s.. 74
Canada Bo. zds 100
Cen. raclSclsts.....lllM
Ken. A K. G 1SU...118X
Den. & K. G. 4 78
l).4R.G.Weot,l3ts.
Brie, SU 102
U.K. AT. Gen. Ss.. 73
Tx., Pc.UO.Tr.Ks. 2S
Tx.,Pe.K.G.Tr.EcW 40
union rac. isu..... iu;s
West tihore IO0J4
New Yobk Clearings, 8106,631,581; balances,
$4,900,989.
Boston Clearings, 815.411,607; balances. 81.
971.053. Money, 67 per cent.
'Baltimore Clearings, 83,183,275; balances.
8422.725. ...-..
Phtladexphia Clearings. 8U.717.702; bal
ances, 81,627,739.
London The amount of bnlllou gone into
the Bank of England on balance to-day is
90,000. Bar silver, 44d per ounce.
Pams Three per cent rentes, 87f 67Kc for
the account.
St. Louis Clearings. 83,760,428; balances,
8937,692.
AN OPT TOLD TALE.
Very Little Doing In Petroleum, bnt the
Market Stendy.
The on market was dull, but fairly steady,
yesterday. Opening, $1 06; highest, $1 0
lowest, $1 0B; closing, $1 07. There was very
little trading at any point. All the strength
came from Now York, but even there the buy
in g was light and fitful. Here there was no de
cided expression either way, but the feeling
was bearish until near the close, when there
was a change to the other side. The close was
steady and within Kc of the highest point nf
the day. Thursday's clearances were 116,000
barrels.
McCalmont Oil Company's No. 3 Ferguson
farm, Sbanopin. was reported flowing at the
rate of 600 barrels per day. This is the fourth
big strike on that farm. The Westview Oil
Company's well on the Perrysvllle road, four
miles from Allegheny, reported as a 250 bar
reler, was spraying at the rate of abont ten
barrels a day, and was shut down for tankage.
It is thonght to bo good for 25 barrels when
drilled in. The reported coming in of a 100
barrel well for T. B. Simpson & Co., on lot 169
at Sheffield, lacks confirmation.
Features of the Market.
Corrected dally by John M. Oaxiey & Co., 45
Sixth street, members of the Pittsburg Petro
leum Exchange.
Opened 1MXI lowest icen
Highest 107i4Closed 10T
Barrels.
Average charters 33,297
Average shipments 72,371
Average runs 33.239
Kenned, New York. 7.50c
Kenne, London. 5 13-lGt.
Refined, Antwerp, 17..
Kenned. Liverpool. t.
Kenned, Bremen. 6.30m.
A. B. McGrew quotes: Puts, 81 061 06;
calls, 81 07. J- n
Other Oil Markets.
OIL CtTT. February 7. Petroleum opened
at 81 06: highest, 81 07: lowest, $1 06;
closed at iu. oaies, iw.uw Darreis:nociear
rtnees; charters, 23,809 birrels; shipments, 111,
909 barrels; runs, 61,600 barrels.
Bradford, February 7. Petrolenm opened
at $106; closed, SI 07; highest, 510 lowest,
$1 06 Clearances, 346,000 barrels.
New York. February 7. Petroleum opened
steady at 81 06, and after a slight decline in
the early trading became strong and advanced
to $1 07. The market then reacted and closed
firm at 81 06. Stock Exchange: Opening.
$1 06; highest, $1 07; lowest, 81 064; closing,
81 O6J4. Consolidated Exchange: Opening.
81 06: highest, 81 07: lowest. 81 06:, closing
1 07. Total sales, 382.000 barrels.
LANDS AND HOUSES.
Latest Reported Transactions in Real Es
tate in City and Sabarbs.
James W. Drape & Co. closed a transaction
on a piece of Eist End property, residence and
grounds, for 830,000: also two residences and
lots, one in the city and one in the suburbs, at
$6,000. They also placed a mortgage on a prop
erty at Turtle Creeic of 82,000 at 6 per cent; also
a mortgage of 85,000 at 6 per cent on an East
End residence; also six mortgages of 811.000 at
6 per cent on properties in McKeesport and in
the city.
W. A. Herron & Sons sold No. 217 Coltart
square, Oakland, consisting of a complete nine
roomed brick residence, finished in every detail,
and within three minutes of the Fifth avenue
cable line. There are only a few of these de
sirable residences left.
Black & Balrd, 95 Fourth avenue, sold to I.
A. Forner for John Rodgers lot No. 9 in Girty's
plan at Oakland, being 25x100 feet, situate on
Craft avenue, between Ward and Boauet
streets, 875a
Jamison & Dickie sold for Thomas P. Mar
shall a lot on Broad street. East End, size
66x187 feet, to F. Householder and Thomas H.
Groat for 83.900; also for George Reese a lot
24x187 feet on Broad street. East End, to F. J.
Thomer for $1,300 cash. Tbey also sold a mort
gage on Oakland property for 86.000, three
vears, at 4 per cent, free of State Ux; also a
82,000 mortgago on East End property, three
vears. at 6 Der cent.
Alles & Bailey, 161 Fonrth avenue, sold for M.
Wnclan a frame dwelling of seven rooms and
attic vestihnle, ball, eta, lot 24x98 feet, on Pier
street, near Oakland avenue, Oakland; also lot
ad jolnine. 24x98 feet, to J. M. Flick for $3,700.
Baltenspergcr& Williams, 154 Fourth avenue,
sold for Augustus Barton to Mrs. Julia EbeTle
two lots, each 20x124, on Gallagher street. Sec
ond ward, Allegheny, Tor 51,120 cash. The pur
chaser will erect two frame dwellings on the
same at once.
Samuel W: Black & Co., 99 Fourth avenue,
sold lots Nos. 77and 78 in S. L. Boggs' plan of
lots. West Liberty borough, Allentown station,
Pittsburg and Castle Shannon Railroad, for
$450. Ihey also placed a mortgage for 8500 on
Brushton station property for three years at 6
per cent.
Boston fltocks.
Atch. &TOP.R.K. .. 33H
Boston &lbany...217M
Kantnn A JUAlne.....203
Wis. Central pt
AtlouezMirCo
63
X
Calumet A Heel.
rranklin. ,
Huron
Osceola.
l'ewablc
Quincy ,
Bell Teiepnone...
Boston Land ,
ft aver Power ,
Tamarack ,
San Diego
Santa lTe copper..,
...233
c. B. &. losK
.. 14
... 3?
... 27
... 8
0
..El
... SS
.. 8X
..130
.. mi
.1-27 J
Eastern a. a hj
Eastern K. K. s ....124
Flints PereM 22
Mexican Cen. com.. 173
31ex.Clstmtg.bds. 70
.N. If. aiiewcne... 483,
x.x. & n. i 7....izo)j
Old Colony. 176
Butland preferred.. 73
Wls.CentrM.com... 33
Philadelphia rttocka.
Closing quotations of Philadelphia stocks, fur.
nlshed by Whitney & Stephenson, brokers. No. 37
Fonrth avenue. Members .New JCork Stock Ex-
chanre.
Pennsylvania Kaiiroaa. 55
Heading 215-16
Buffalo, Pittsburg A Western.. 9S
LenUh Valley an
Lehigh Navigation I2m
Allegheny Valley bonds liojj
Nortnern Pacific preierred T&
Drrcood.
New York, February 7. There was a fair
business In drygoods at tint hanaVum morn
ing, improving trade with jobbers. Tno mar
ket was uncnanu any wr demand and
tone being steady, v,.th price iHlng upward
on sheetings and heavy yarn fabrics.
Mining Stocks.
Nkw Yobs. February 7. Mining quotations:
Alice, 100; Amador. 100; Aspen.' 760; Caledonia.
B. H., 145; Comstock Ter., td.. 3,000; Comstock
Ter., Bcrx, 8.000; Deadwood Ter., 140: El Cristo.
160; Homestake. 700; Horn Silver. 235; Ontario,
8,750; Savage, 186; Sutter Creek, 15a
DOMESTIC MARKETS.
The Situation in General Produce
Lines is Unchanged.
HIGH GEADB STDFP SCAECE, FIRM.
Receipt ol Cereals Still Too Liberal for
Wants of Trade,
SUGARS WEAKER COFFEE STEADY
Office or Pittsburg Dispatch,
Fbidat. February 7. 1890. (
Country Prodnes Jobbing Prices.
The situation varies very little since our last
reports. Poultry of all descriptions is scarce
and firm. Onions and cabbage are also very
firm. There is a scarcity of choice stock in
both lines. The chief trouble in all produce
lines all this season of soft weather has been to
secure good goods. Anything of high quality
that shows up has little trouble finding custom
ers. But this grade of stuff is in small propor
tion to the aggregate of stnff coming to our
markets of late. The weather has all this win
ter been not only adverse to human health, but
also to the quality of produce showing up for
market.
Butter Creamery, Elgin, 3031c; Ohio do,
2627c: fresh dairy packed, 2223c; country
rolls, 1920c.
Beaks Navy hand-picked beans, $2 002 25;
medium, $1 752 00.
Beeswax 2528e fl fiforchoice; low grade,
1820c
Cideb Sand refined. $7 GO; common, S4 50
5 00: crab cider, JS 008 GO V barrel; cider
vinegar. 1012c fl gallon.
Chestnuts So 005 50 $ bushel; walnuts,
6070c H bushel.
CHEESE Ohio. HQllKc; New York, UKc;
Limburger, 0Kllc; domestic Sweitzer, lf
13Kc: Imported Sweitzer, ZiKc
Eoas 1415o straight fl dozen for strictly
fresh.
Fbutts Apples, fancy, $3 004 00 f) barrel;
cranberries, $4 0004 25 a crate; strawberries,
350140c a box.
Feathers Extra live geese. 6060c; No. L,
do4045c: mixed lots. 30.i5c V B.
Poultrt Live chickens, 7SS0c a pair;
dressed. 11014c a pound; ducks 75c!l fl pair:
live turkeys, lagiic ?1 tt; dressed turkeys, 17
lScftft.
Seeds Clover, choice, 62Isto bushel, S4 20
4 40 ft bushel; clover, large English, 62 Bs. S4 35
4 60; clover, Allke, tSUO: clover, white. $9; timo
thy, choice, 45 ft", $1 601 70; blue grass, extra
clean, 14 As, $1 251 30: blue grass, fancy, 14 fits,
$1 30; orchard grass. 14 s. $1 40; red top' 14 As.
SI 00; millet. 50 As. $1 00; Hungarian grass, 50
lbs, $1 00: lawn grass, mixture of fine grasses,
$2 GO ft bushel of 14 Bs.
Tallow Country, 4c; city rendered, 4
5c
Tbofical Fbutts Lemons, common, $3 00
350: fancy, $4 005 00; Florida oranges. $3 00
i 00; bananas, $1 752 00 firsts. $1 001 25 good
seconds, f) bunch: cocoanuts, 34 004 50 f) hun
dred; figs, 8K9c ft lb; dates, e7Kc fl ft; new
layer figs, 12K15kc; new dates, 7&c ft B:ptne
apples, $2 50 fl dozen.
vegetables Potatoes, from store. 5560e;
on track, 4550c; cabbages. $2 002 50 a bar
rel: Dutch cabbage. 815 00 fl hundred: celery,
40c fl dozen; Jersey sweet notatoes, $4 504 75
a barrel; turnips, 81 001 25 a barrel; onions,
$4 G05 25 a barrel. $1 501 75 per bushel.
Buckwheat Floor 22c fl pound.
Groceries.
Sugars are still weak, and a further drop is
ameng the probabilities at an early day. Cof
fees are steady, notwithstanding the fluctua
tions of options. General groceries move along
in the same old ruts, with scarcely a percepti
ble change in the past month or two.
Greek Coffee Fancy Rio, 2324c; choice
Rio, 2122c; prime Rio, 20c; low grade Rio,
1819Kc; old Government Java. 2728c: Mar
acaibo, 2324c: Mocha, 2829c; Santos,
2024c; Caracas, 2224c: peaberry, Rio, 23K
24c; La Guayra, 2324c.
Roasted (in papers) Standard brands, 24c;
high grades, 2529c; old Government Java,
bulk, 31H33c; Maracalbo, 2728c; Santos, 24J
2SKc; peaberry, 28c; choice Rio. 25c; prime
Rio, 23c; good Rio, 22c; ordinary, 21c.
Spices (whole) Cloves, 1920c; allspice, 10c;
cassia, 8c; pepper, 17c; nutmeg, 7080&
Petroleum (jobbers' pricesl 110 test. TJic;
Ohio, 120, 8c: headlight, 10, 8c; water
white, 10Kc; globe, 1414c; elaine, 14c; car
nadine, llc; royaline, 14c; globe red oil, 11
HKc: purity 14c.
Misers' Oil Np.l winter strained. 46047c
fl gallon; summer, 4043c Lard oil, 70c
SYRUPS Corn syrup, 2830c; choice sngar
syrup, 333Sc: prime sugar syrup, 30333c;
strictly prime, 3335c; new maple syrup. 90c.
N. O. Molasses Fancy, newcrop, 4850c;
choice, 47c; medium, S843c; mixed, 404Jc
SODA Bi-carb in kegs. 3.c; bi-carb in K',
5c; bl-earb, assorted packages, 56c; sal
soda in kegs, ljc; do granulated. 2c
Caicdles htar, full weight, 9c; stearine. fl
set. SKc; jparafflne, 11012c.
Rice Head, Carolina, 67c; choice, 6
6c; prime, 5W6c: Louisiana, 56c
Starch Pearl, 2JJc; cornstarch. 56c; gloss
starch, 407c
Foreign Fruits Layer raisins, $2 65; Lon
don layers. $2 90; California London layers,
S2 75; Muscatels, $2 40: California Muscatels.
$2 25; Valencia. 7Jc; Ondara Valencia, S
8Jc; sultana, 9kc; currants, 5ic: Turkey
prunes, 45c; French prunes. 69c: Salon
ica prunes, in 2-fc packages, 8c; cocoanuts. fl
100. $6 00: almonds, Lan., fl ft, 20c: do, Ivica,19c;
do, shelled, 40c: walnuts, nap., 1415c; Sicily
filberts. 12c: Smyrna figs. IS 13c: new dates. 643
6c: Brazil nuts, 10c; pecan 11015c; citron, fl
ft, 1920c; lemon peel, 18c ft ft; orange peel, 17c
Dried Fruits Apples, sliced, per ft, 6c; ap
ples, evaporated, 9c: apricots, California, evap
orated. 14K16c; peaches, evaporated, pared,
2628c; peaches, California, evaporated, on
pared, 192lc; cherries, pitted.l3I4Kc; cher
ries, nnpitted, 56c; raspberries, evaporated,
25K26Kc; blackberries, 8c; huckleberries,
10611ZC.
Sugars Cubes, 7c; powdered, 76c: granu
lated. 6c; confectioners' A, 6c; standard A,
6cfsoft white, 66c; yellow, choice, 6?
o;ic; yeiiow. gooa. Dyi'eoc: yeuow, lair, ojj
5jc; yellow, dark, 6c
Pickles Medium, bbls (1,200), $5 SO; medi
um, hall bbls (600), $3 25.
Salt-No. L a bbl. 95c; No. 1 ex.fi bbl, $10;
dairy, fl bbl, $1 20; coarse crystal, fl bbl, $120:
Hlggms' Eureka, 4-0u sacks, $2 80; Higgins'
Eureka, 16-14 ft pockets. $3 00.
Canned Goods Standard peaches, $3 00
225: 2ds, $1 61 80; extra peaches, $2 402 60;
pie peaches, 95c; finest corn, $1 001 50; Hid Co.
..Wilt. lUUfflWi 1CU UUG111E3, 0Algfl, IJiUlA UM1U,
$1 20; soaked do, 80c; string do. 6065c; mar
rowfat peas, $1 1031 15; soaked peas, 7US0c;
Sineapples, $1 301 40; Bahama do, $2 75;
amson plums, 95c; Greengage?, $1 25; egg
plums. $2 00; California pears. $2 50; do -greengages,
$1 85; do egg plums, $1 85: extra white
cherries, $2 40; raspberries, 95c$l 10; straw
berries. $1 10; gooseberries, 81 30)1 40; toma
toes, 8590c: salmon. 1-ft, $1 651 90; black
berries, 65c; succotash, 2-ft cans, soaked. 90c;
do green, 2-ft, $1 25 1 50; Lorn beef, 2-ft cans,
$2 05; 14-ft cans, $14 00; baked beans, $1 451 50;
lobiter, 1-ft, $1 752)1 80; mackerel, 1-ft cans,
broiled, $1 50: sardines, domestic lAs. U 25
4 60; sardines, domestic Ks $3 757 00; sar
Qinea. imported ls, $11 5012 50; sardines. Im
ported, s, $18 So; sardines, mustard, $3 30;
sardines, spiced, $3 50.
Fisn Extra No. 1 bloater mackerel, $36 ft
bbl.; extra No. 1 do, mess. $40: extra No. 1
mackerel, shore, $32: extra No. 1 do, mess, $36;
No. 2 shore mackerel, $24. Codfish Whole
pollock, 4c fl ft; do medium. George's cod.
be; do large, 7c: boneless hake, in strips, 6c; do
George's cod in blocks, 667Kc Herring
Round shore, 84 50 t? bbl.; split. $6 60; lake,
S2 75 ft 100-ft half bbl. White fish. $6 00 f 100
ft half bbl. Lake trout, $5 50 fl half bbl. Fin
nan haddock, 10c fl ft. Iceland bailout, 13c fl
ft. Pickerel, K bbl.. $2 00; ! bbl.. $110: Poto
mac herring, $5 00 fl bbl., $2 oO per M bbl.
Oatmeal S6 00$6 2i fl bbl.
Grain. Flour and Feed.
There was a single sale on call at the Grain
Exchange, namely, a car of bran at $12. lOdays,
P.R.R. Total receipts as bulletined, 51 "cars,
of which 38 were by the Pittsburg, Cincinnati
and St. Louis, as follows: 5 cars of hay, 20 of
corn, G of bran, 2 of wheat, 5 of oats, 1 of oats
and rye. By Pittsburg, Fort Wayne and Chi
cago, 9 cars in all, as follows: 2 cars of hay, lof
feed, 1 of flour, 1 of barley, 2 of corn. 2 of oats.
By Baltimore and Ohio, 1 car of wheat, 2 of hay.
By Pittsburg and Western, 1 car of flour, 2 of
bay. By Pittsburg and Lake 'Erie, 1 car of
wheat. Receipts are far beyond the wants of
trade, particularly of new corn and bay. The
demand for flour is light. Consumers are evi
dently following the hand to mouth policy of
late. Choice grades of bakers' flour are steady
On patents there is a disposition on the part of
holders to concede a little. Northwestern mil
lers are, however, firm In their ideas ot values
Prices below are for carload lots on track. .
WHKAT-NewNo. 2 red, 8485c; No. 3, 816
82c
Corn No. 2 yellow, ear. new, SS3&c: high
mixed, new, 3435c; No. 2 yellow, shelled, old,
86037c: new, 3334c; old. high mixed, shelled,
35636c Rejected shelled corn, 2SQ30C
Oats-No. 2 white. 28a28c; extra, No. j,
27027Kc: mixed. 24X25c
Rte No. 1 Pennsylvania, and Ohio, G354c;
No. 1 Western, 5152c
Flour Jobbing prices Fancv winter and
spring patents, $5 005 60; winter straight,
$4 254 SO; clear winter, $4 00Q4 25; straight
XXXX bakers', $3 6033 75. Bye flour, S3 50
4 75.
MTXXFSZD Middlings, fine white, S1VOO0
16 00 fl ton; brown middlings, $12 0014 00;
winter wheat bran, $11 7512 25; chop feed,
jissoeuoa
HAT-Baled timothy, No, L $H 26U 75;
11
No. 2 do, $3 50Q10 50; loose from wagon. $U 00,
013 00. according to quality: No. 2 prairie hay,
S7 00Q8 00- packing'do. $0 757 00.
Str. Oats $3 757 00; wheat and rya
straw. $Q 006 25.
Provisions.
Sugar-cured hams, large. 9Jc: sugar-cured
hams, medium, 10c; sugar-cured hamJ,
small, 10Kc; sugar-cured breakfast bacon,
Sc; sugar-cured shoulders, 5c: sugar-cured,
boneless shoulders. TJc; sugar-cured California-bams.6c;sngar-cured
dried beef flats,9c; sugar
cured dried beef sets. 10c; sugar-enred dried
beef rounds. 12c; bacon shoulders, 5c: baconr
clear sides, 7c: bacon clear bellies. 7Kc: dry"
sale shoulders. &c: dry salt clear sides, 7c
Mess pork, heary, $11 00; mess pork, familv,
$11 60. Lard Refined, In tierces. 5c; bal&
barrels, 6e; 60-ft tubs, 6c; 20ft pails. 6c: 50-&
tin cans. 5c;3-B tin pails, 6c; 5 ft tin pailsV
fc:10-fttin palls, 6c; 5-ft tin pails, 6c
moked sausage, long, oc; large. 5c Fresbi
pork links, 9c Boneless hams, 10Kc Pigxf
feet, half-barrels, $4 00; quarter barrel, $2 15.
Wool Market.
Boston Wool There has been a moderate
demand for wool; the sales of the week wera
only 1.709,000 pounds of all kinds. Michigan X
fleeces were inquired for, but were sold only at
some concession: considerable, going to manu
facturers at 2929Kc, while 30c was the extreme;
price for beH wools. In Ohio fleeces there
have been sales at S334c: market was quiet;
the sales were in favor of buyers. Combing ana
delaine selections have been qniet. bnt in small
stock and firm at previous prices. In washed
combing there has been notblngof consequence)
doing. Territory wools have been In fair de
mand; but prices have been weak, with tha
principal sales on a scoured basis of 5557e fox"
fine, and G355c for fine medium. In California
and Texas wools there have been only smalt
sales. Georgia sold at 27KC Ohio and Michigan
nnwashed at 1923c and unmerchantable at 22
25c Pulled wools have been dull and weak,
with supers selling slowly at 2835e and extra
at 2328c Mexican wools have been qniet. with,
sales of New Australian, to arrive, on private)
terms.
Philadelphia. Wool Market quiet,
fine staple fleeces most in demand; Territorial
rather neglected: Ohio, Pennsvlvania and
Wext Virginia XX ana above, 33K35c: X,
3134c: medium. 37K3Sc; coarse. 44K36c;
New York. Michigan. Indiana and western,
fine, or X and XX 2931c; medium 36&37Kct
coarse 3436c; fine washed delaine X and
XX, 3437c; medium washed combing and
delaine, 3941c; coarse, 3637c; Canada
washed combing; 3335c: tub washed, 3241cf
medium unwashed combing and delaine.
2S31c; coarse do, 2723Kc; Montana. 1825c;
Territorial, 1522c
iXHAUSTLESS LUMBER SDPPLT.
Great Quantities of Fine Wood In the Oe
znnlgee Swamps.
Savannah News.
Macon says that most of what is sent there)
as mahogany is the Cuban mahogany, which
is nothing morexthan red bay, which growtr
abundantly in South Georgia and Florida,,
and is far inferior to the wood that is brought
from the island of San Domingo. Cherry
is also scarce, and is a valuable cabinet
wood. The discovery has been made, how-,
ever, that sweet gum wood, when properly
cared, dressed and "'filled," is about equal
to mahogany for panel work in passenger
coaches.
Sweet gum grows in practically inex
haustible quantities in the swamps along
the Ocmnlgee, and many thousands of feet
of the Inmber could be gotten ont within a)
few miles of Macon. Red and white beecb
and dogwood can be found in abundance lit
this swamp, and they are both good car
finishing material. Maple and white oak1
also grow in paying quantities in there, and
also valuable cabinet woods. Sycamore i$
a choice material, bnt is rather scarce Ux
this section.
Corn Cob on Subscription.
Under the caption, "Here's a Big Snap,'1
the following appeared in a recent issue ot
the Sterling (Kan.) Champion: "We want
a load or two of corn cobs, to be applied on
subscription. For three good loads of cobs
we will send the Champion and Topeks,
Capital (12 pages) to any address for ona
year. First come, first served."
FflTnTlI Church Goers, pictured and
vUJjUlllali paragraphed, in To-MORBOW'S
20-Paoe Dispatch. The church customs ot
the Puritans will be graphically described.
5
SICK HEADACH:Carter,J LUUe LlTer
SICK HEADACHE
-Carter's Little Liver Puis.
-Carter's Little Liver Pills,
SICK HEADACHE
SICK HEADACHE
-Carter's Little Liver Pllla,,
nolS-67-TTSsa
JAS. D. CALLER President'
JOHN W. TAYLOR Cashier
CITY SAVINGS BANK,
SIXTH AVE. AND SMITHFIELD ST.
Capital and surplus. $130,000.
Transacts a General Banking Business.
jyS-TTS
WHOLESALE -:- BOUSE,'
Embroidery and White Goods Department-r
direct importation from the best manufac
turers of St. Gall, in Swiss and Cambric Edg
ings, Flouncmgs, Skirt Widths and Allovers,
Hemstitched Edgings and Flouncing. Buyers
will find these goods attractive both in price)
and novelties of design. Fnll lines of New
Laces and White Goods. UPHOLSTERY DE
PARTMENT Best makes Window Shades in
dado and plain or spring fixtures, Lace Cur
tains, Portieres, Chenille Curtains, Poles and
Brass Trimmings; Floor, Table and Stair OH
Cloths in best makes, lowest prices for quality.
WASH DRESS FABRICS.
The largest variety from which to select.
Toll Du Nords, Cbalon Cloths, Bath Seersucb
ers. Imperial Suitings. Heather A Renfrew
Dress Ginghams. Fine Zephyr Ginghams,
Wholesale Exclusively.
Jal3-D
A PERFECT
A purely Vegetable)
Compound that expeU
all bad humors from tba
system. Removes blotch
es and pimples, audi
makes pure, rich blood.
a 1)2-58
SKIN
DISEASES
SWAYNE'S
ABSOLUTELY CUBES. Ulll 1 ITIEI1 I
Simply apply "Swatsi'S Owthxst." No in
ternal medicine required. Cares tetter, eczema,
itch, erysipelas, all nnslghtly eruptions on the
face, hands, nose, etc., leaving the skin clear,
white and healthy. IU great heallngand cnratlra
powers are possessed by no other remedy. Ask
yonr druggist for SWATXX'sOiitTXXST. se24
BROKERS FINANCIAL.
TTTH1TNEY fe STEPHENSON.
a FOURTH AVENUE.
Issue travelers' credits through Messrs. DrexeL.
Morgan fc Co., New York. Passports procured.
THE UNION
TRANSFER AND TRUST GO.,
111 and 123 Fonrth av
FIDELITY BUILOING.
Capital, $250,000.
Acts as Transfer Agent and Registrar fox
Corporations. Correspondence solicited.
A. W.MELLON.
President.
WM.A.CARR.
Secy ana Treas.
jall-H-TTS
JOHN M. OAKLEY & CO.,
BANKERS AND BBOKER&
Stocks, Bonds, Grain, Petroleum.
Private wire to New York and Chicago,
45 SIXTH ST, Pittsburg.
1
JOSEPH BORNE 5 CO.
Blood Purifier.
k5 'iSiarw'y5e.wS'
raw
I
"I
3
i
i
1
1