THE PITTSBURG- DISPATCH. FRIDAY, APRIL 18, 1890.
11
AN UNEASY MARKET.
- "Eeports From Agents as to the Con
dition of the Pis Iron Trade
, SHOW SOME DECIDED VARIATIONS.
- Shaded Prices on Steel Kails for ConTenient
Delivery.
A SIHIMK FEELIXG OYEK THE OCEAN
trzci-H- TKLionxv to tub dispatch.;
New Yokk, April 17. The Iron Age re
port ol tbe market is as follows:
American Pig Reports from agents differ
within pretty wide limits. Some report
pretty large sales in round blocks, others
quite a run of only moderate-sized orders.
Sales have been made of Virginia ana Ala
bama iron during the week on the basis ol
$17 for No. 1 and f 16.50 lor No. 2. Sellers
generally deny that the prices named could
be shaded materially. A determined effort
is made to represent this market as being
relatively higher than those of the West.
Considering that lreight rates to "West
ern points are well known, and
that in this manner tbe net price
at furnace can be easily figured
out by anybody interested, the equivalent
prices for the Eastern markets are very, easily
established, borne sellers have long aban
doned the idea that tbe Eastern markets can
bebeldabote the parity of those in the West,
in Southern ironv ana with the sharp competi
tion for business those who bavo not already
done so are likely soon to recede from snch a
position. It is trne. however, that for the
lower trades of iron there is practically no
market, either in New England or in New
York and vicinity. Northern irons are quiet
at $18 Uel9 00 for No. 1, and $17 OOfilS 00 for
No. 2, according to brand.
Spiegeleisen and Ferro-Manganese The mar
ket is very dull, with 20 oer cent spiegeleisen
quoted nominally at S32 5033 50, and spot
lerro-manganos-e at SbO OOQiZ 50.
Billet The market i very quiet at $30 50
31 50, delivered, for ordinary sizes and specifica
tions Wire Rods We hear of no business of con
sequence, and quote Ju Millii .0 at sellers'
mill, east of the Allegheines.
Steel rails The only transacti -n of any con
sequence was the sale of 5,000 tons to a (south
western road by a Pittsburg null at private
terms. It is estimated that business aggre
eating about 40.000 tons is pending, including
nne lot of 20.000 tons Tbe bulk of this busi
ness, how ever, is m territory tributary to the
Chicago milK The market is weak, with quo
tations at $33 50&31 for fair-sized orders. It is
probable, howetr. nor is this denied bysome
of tbe mills, that for good orders for convenient
deliver $33 cnuld be done at the Eastern mills.
Tbe mills in the association, which includes all
with the exception of the Allegheny Bessemer
and the Colorado, report sites up to April I of
831,173 gros tons, heavv sections out of an
allotment of 1,310,000 tons. The deliveries up
to be same date aggregate 33.889 ton".
Fastening Tho market is very dull with
splice bart, steel selling at SI 7531 00 deliv
ered. Spikes are quoted $2 lu2 15 delivered.
Old Rail' Very little business has been dune
and tneinaiket continues nominal at $23 59024
for tees. A round lot is offering in this
market.
Stroud fc Co. have issued circulars quoting
"Irondale" pig iron at furnace $18 for No. 2
and $17 for gray lorge. the freight to Hoboken
being $1 45:Chikies. $19 for No. 1 and $18 for
No. and $17 for gray forge, on cars at fur
nace, freight to Jersey City $1 50, mid Muirkirk
charcoal, No. 1 to B, $2S at furnace, freight to
Jersey City Jl 95.
PRICES LOWER ABROAD.
Nearly Ercry Drpnrunent of 31etnl Industry
Aflrcied bx the Decline.
SrrCIAL TELEOKAM TO THK DISPATCH.!
London', April 17. fliere has been a further
serious decline in prices of warrants due to
heavy realizations on the part of holders.
Scotch sold down Tuesday 45s 7d and closed 45s
lid. Middlcsborough dropped to 45s 7d and
Hematites to 54s Id. To-day there were sales
at 48s for Scotch, 45s for Mlddlesborougb and
54s 6d for Hematites. Cleveland brought a
heavy premium over Scotch lor a time, owing
to a temporary scarcity of warrants for prompt
delivery, but subsequent sales afforded an
abundant supply. Makers' irons are very
unsettled all through. Scotch brands are quoted
down 10d: Middlesboroogli, 50d; Bessemer
about the same, and Spiegelisen fid Irom last
week's figures. In tin plates there has been a
small business, and prices are still very weak.
Ordinary cokes have been sold as low as 13s 9d,
or within Is of the lowet price on record. The
trade seems to bo in a bad state at tbe present
time. Copper has been affected by the depres
sion prevailing in the general metal trade, and
the buslnc s in merchant bars is slow. Con
sumers are buvmg other sorts than Chili bars,
owing to slack deliveries of tbe latter. The
large quantities held oy outside French finan
ciers i being absorbed. .Large holders will not
sell below 50 pounds.
1 he Ibarsi Copper Company has declared a
diriuend of 20 per cent. Tlio prohts for the
year were stated as 249.000 At tbe meeting ot
tbe Libiola Company poor results were shown
for tbe last year, and a dividend of onl 1 6 per
cent per sharo was declared. The directors ex
pressed hope in the future. 1'ig tin has had
slow sale for consumption wmg to the inactiv
ity in the tiu plate trade. The dullness in that
department has led to rpecu.atlvo liquidation,
which, with "bear" pressure, has caused a shirp
decline in prices All descriptions of steel rails
are again quoted lower, llillet-, blooms and
slabs are ollered .5 dow n, and wire rods at 2.0
decline. Old material has moved in sympathy
with other articles, and are offered about 7.6
cheaper to-day than a week ago.
American Manufacturer's Cable Quotations.
Scotch Pig Heavy realizations by outside
speculators iauseafall of nearly 4s. in warrarts.
business having been done at 45s. 8iL From
this, a reaction to 46s. has taken place, bnt the
market is etill unsettled and prices 'or makers'
iron are difficult to quote with accuracy. The
figures given to-day are as follows:
No. 1 Coltness 70s. 6d. f. o. b. Glasgow
No. lSummerlee 70s. UL f. o. b. Glasgow
No. 1 Gartsbeme 65s. Od. f. o. b. Glasgow
No. 1 Langloan 70s. Od. f. o. b. Glasgow
No. 1 Canibroc 49s. Od. f. o. b. Glasgow
No. 1 fehotts.... 71s. Od. f. o. b. Glasgow
No. 1 Glengarnock 70s. Od. atArdrossan.
No. 1 Dalmellington ...60s. Od. atArdrossan.
No. 1 Ejrlinton 49s. 6L atArdrossan.
lie-seiner Pic iStisiucss in warrants fcas been
done at as low as 54s, or over 5s decline, and the
market has ruled very weak, but sbons some
improvement to-da. Business in makers' iron
has been slow andpnees arp verv unsettled.
Sellers quote West Coast brands Nos. 1, 2, 3 at
64s 6d f. o. n. shipping point.
Middlesbrough Pir Warrants have dropped
to 45s 7d. a decline of 6s Fd during the week,
and tbe market Is still in a disturbed condition.
Sales to day at 46s. Trade in makers' iron has
been almost at a standstill and prices are very
irregular, with 47s, quoted to-day for No. 3
l.o.b-
Spiegeleisen There has been a further de
cline in prices and a fair business done. En
glish 20 per cent quoted at 05s I. o. b. at orks.
Steel Wire Rod Sellers' figures are 2s 6d
lower but nominal, thero being but little busi
ness. MildsteclNo. 6 quoted at 95s0df.o.b.
shipping port.
STEEL BAILS STILL DULL.
Steel Rails Demand has not improved,
although makers offer at a further decline.
Heavy sections quoted at 5 is. f. o. b. shipping
point.
Steel Blooms A dull market with prices
weak. Bessemer 7x7 quoted j 5s. f. o. b. ship
ping point.
.- Steel Billets Sales moderate and prices
again lower with the market weak at the de
-. dine. Bessemer (size 2Jx2K) quoted at 5 5s.
t f.o.b shipping point.
' Steel Slabs lo unslness doing and makers'
prices again loner. Ordinary sizes quoted at
5 5s. L o. b. shipping point.
Crop Ends The market very unsettled and
weak with little doing. Run of the mill quoted
at 3 Is. 3d. f. o. b. ftbipmng point
Old Iron Rails Holders offer freely at lower
prices. Demand does not improve. Tees
quoted at 3 7s. d. and double heads at 3 10s.
f. o. b.
Scrap Iron A weak market with light sales
and small demand. Heavy wrought quoted at
2 19s. 3d. f. o. b. shipping points.
Manufactured Iron 1 hero is no Improve
ment in tbe demand. Prices are weak and
nominal as quoted.
Stafford orrt. marked bars.
(f. o. b. L'pool) 0 OsOd 910s0d
" common bars 0 Os 0d(? 7 17s M
" black sheet singles 0 Os 0df$ 9 15s Od
Welsh bare, f. o. b. Wales... 0 0s Odfs 7 2s 6d
"'Steamer Freights Glasgow to New York,
2s. Od. Liverpool to New York. 10s. Od.
TIN ON THE DECLINE.
Pig Tin Prices have undergone a further
sharp decline, due to anxiety on the part of
speculators to sell, but the mhrket Is now show
mg rather better tone. Straits quoted 88 for
spot, futures (3 months), 88 15s.
Copper Tbe depression lu other departments
caused a further slight fall in copper prices, but
.latest business shows improvement and the
market closes firmer. Chili bars quoted 47 os.
for spot, 47 10s. for future delivery. Best
selected English, 54.
Lead Tbe demand better and prices firmer.
1 Soft Spanish quoted at 12 12s. 60.
Spelter Still lower prJces qnotcd with sales
slow. Ordinary Sileian quoted at 20 7s,6.
Tin Plate Tbe fall In pig Iron and tin prices
has affected the plate market and business has
been done as low as las. 9d. for ordinarj cokes.
Prices are still very unsettled, with the follow
ing quoted: .'.
f. ol b. Liverpool ....
Bessemer steel, coke finish
Siemens steel, coke finish
B. V. grade coke. 11x20.
Dean grade ternes......,......".
0s. 0d.16s. Od.
Os. 0d.14s. Oil.
0s. Od.fi 15s. Od.
Os. 0d.14s.0d.
0s.0d.14s.0d.
KEEPING UP FRIGES.
Coke Operators Contlnne to Restrict Pro
duction The Switchmen's Strike Favor
ably Afl'ecllne the Trade Decrense In
Shipments Rntei Nominally Unchanged.
(SPECIAL, TKLEORAH TO THE DISTATCIM
Scottdale, April 17. The coke trade is
traveling along in about tbe same channel as
when last reported. No Increase in orders is
noted, and operators bat e made good use of
tbe restriction policy. The operators will make
an effort to maintain existing prices throngbout
the year and their employes have co-operated
In this aim. If tbe switchmen's strike is not
averted it will certainly have a damaging effect
on trade, but just at present it is a factor to aid
it. Inasmuch as many of tho consumers are in
creasing their orders in .anticipation of the
strike. , .,
Tbe operators are of the oolnlon that tbe ap
parent dullness In the iron-trade will soon be
overcome and the coke trade again enlivened.
At present it is stated that there is no competi
tion worth mentioning to injure trade. Of over
11600 ovens in the region, about 2,000 are idle,
and present indications point to the suspension
of over 300 more if there is no immediate im
provement in orders.
MORE OVENS TO BE SHUT DOWN.
The Frick Company will -close down next
week, unless orders increase in tbe meantime.
the ovens at the following plants : Twenty-two
at Henry Clay, 30 at Oliphant, 200 at No. 2
Leisenring, 90 at Mammoth, 44 at Valley
Works, and 44 at Foundry. No.other operators
have as yet signified their intentions to close
more ovens The McClure. Frick. Schoon
maker and Hecla in all banked 1,215 ovens the
former part of this week. ..
As long as the coke trade does not fall below
6.000 cars or 10S.OU0 tons, it is considered verv
fair, and last week 6.175 cars were sent out.
There is a great contrast bet-reen these figures
and those of the preceding week. Shlnments
aggregating 6,175 cars, or 111,150 tons, were con
signed to tbe various points of consumption as
follows: To points west of Pittsburg. 3;200 cars;
to Pittsburg and river points, 1,550 cars; to
points east of Pittsburg, 1,425. The pre
ceding week's shipments gave a total of
6.F30 cars and were consigned as follows- To
points west of Pittsburg. 3.320 cars; to Pitts
burc and river point.", 1,600 cars; to points east
of Pittsburg, 1,910 cars. Shipments last week
compared with the previous week decreased to
Western points 120 ear; to 'Pittsburg, 150 cars;
to Eastern points, 535 cars.
Rainej's works are yet all operating in full.
The strike has not yet bciui declared.
II.QUIKING FOR WOEK.
The coke superintendents are badly bothered
bv anxious inquiries for work since the shut
ting down of so manv ovens. An operator
stated that there bad been enongb men at his
works yesterday to operate three plants of his
size.
Part oflthe Mahoning plaut'is still idle.
The Jackson works aro in operation again,
after a couple weeks' Idleness, ou account of a
land slide.
Five dajs will likely tie the rnle in the
region next week.
The Pennsvillc Coke Works were idle yes
terday, because of the death of one of the em
ployes. Work is progressing on new ovens In course
of erection.
Prices are nominally the same: Furnace coke,
$1 75; foundry. $2 45; crushed, $2 65. Freight
rates from ovens to points of consumption,
are also the same, and are thus:
loIMttsburjr S0T0
To .Mahoulnc and bhenango Valleys 1 34
ToClcTcland 0 1 TO
To Buffalo. X. Y 2 IS
To Detroit, Mich .... 2 35
To Cincinnati, O .,. :...,r 2 6.5
To Louisville. Kt -. 3 31
To Chicago. Ill ,.... 175
To .Milwaukee. Wis ..., 2 S3
lost. Louis, Mo .- 3 35
loEas.bl. Louis t : 320
Prices at main points are;
l'olut. Furnace. Foundry. Crushed.
I'lttsbure its 3 is rtsj
Jl. and b. Valleys... .. 3 51 3 SO 4 00
CleTtland .. 3 S5 4 IS 4 35
BufflU 4 40' 4 70 4 W
Detroit 40 ' 480 5 00
Cincinnati 4 80 5 10 5 30
Louisville S 5 65 5 85
Chicago 4 90 5 20 5 10
Milwaukee 500 530 5 50
New York Figures.
New York April 17. Pig iron easv. Lead
quiet: domestic, $3 65. Tin -steady and dull;
Straits, $19 SO.
LIVE STUCK1UKKET&
The Condition of But'lncis at the East Liberty
Stock Yards.
OFFICE OF PlTTSBUBO JJrtPATCH, I
THUKSDAT, April 17, 189a (
cattle Receipts, 220 head: shipments, 180
head; market nothing doing; all through con
signments. No cattle shipped to New York
to-day.
Hoaa Receipts. 1.300 head: shipments. 900
head: market steady: medium and selected, $4 50
4 55. common to best Yorkers, $4 304 40: pics,
$4 104 25; 2 cars hogs shipped to New 1 ork to
day. Sheep Receipts. 1,200 head: shipments, 1,100
head: market dull at yesterday's prices.
Followfnsis tbe report of the week's trans
actions at the East Libei ty Stock Yards:
llECEtPTS.
HOGS. I SHEEP
Thro'.
Thursday
tridav
bataruay
Sunday
Monday
Tuesday
Wednesday
Total
I.sstweek
Previous week
810
420
140
540
4
68J
3. GOO
3,975
1.875
6.525
2,100
l.IU
2,475
fiCO
1,760
1.9S0
2,310
410
4,400
1,33)
10
180
73)
J30
110
110
3.0-IO,
21.075!
12,870
1,9U
3.040
1.VK,
1,320,
24, 150 1
19.8001
10,670
10.S90
Thnrsday 1 J,i79 234
Friday 568 m
S-aturdnj- 3 Ml 566
Monday 929 4,589 1.107
Tuesday 184 666 3,464
'Wednesday 141 o6S aSO
Total , ," l.aW 8,121 6,529
Last week 1,509; 6.936 (.MG
Previous week.. .... L331 7,291 4,865
By TclrersDh.
NEW YORK Beeves Recelots. 357 head:
all direct to slaughterers) no trading; feeling
steady; dresse beef firm at 67c per ft; ship
ments, 1,504 beeves, l.SOSqnarlrrs of beet, and
43 sheep. Calves Receipts, 2,193 head: market
lower; veals. $4 00g6 00 per twt. Sheep Re
ceipts, 3 133 head; market firm; unshorn sheco,
$6 2o7 00 per cwt; clipped do, $5 505 75:
unshorn, yearlings. $7 125?SS DO; clipped do,
$6 256 60; lambs. $8 506)12 Ot); dressed mutton
firm at 9f$10c; dressed yearlings steadv at 10
HKc- Hogs Receipts, 2,514 bead; all direct to
slaughterers: nominally steady at $4 404 90.
CHICAGO Cattle Receipts.ll.000head; ship
ments, 4 000 head: market stronger; beeves,
$5 005 35; steers, $3 3031 80; stockers and
feeders. $2 403 90; cows, bulls and mixed,
$1 50g3 30; Texas enrnfed steers, $.1 003 so;
grass Texans, $2 003 20. Hogs Receipts,
20.000 bead; shipments, 7,000 head: market
strom: and 5c hicber: mixed. $4.104 40: heavv,
$4 104 42)r: light, S4;i04.35; skips, $34.
Sheep-Rcteipts, 10.000 bead: shipments. LOJ0
bead; market slow and weaker; Texans, $3 50
5 30; lamb!, $5 OOfiG 50.
ST.LOUIS Cattle Receipts. 1.200 bead; ship
ments, none; market steady: good to fancv
native steers. $4 3504 90; fair to good tin. $3 30
1 40; stockers and feeders. $2 403 60: Tex
ans and Indians, $2 5034 90.,. Hogs Re
ceipts. 6.000 head; shipments,, none: market
steady; fair to choice -heavy.- 64 1504 27K;
parking grades. $4 104 25; light, fair to best,
$4 1004 2a Sheep Recaipta. 1,000 bead; mar
ket strong: fair to choice, $4-O0ffi6 00.
CINCINNATI Hogs steadv: common and light
to b04 25; packing and butchers. $4 154 35;
receipts, 2,970 head; shipments, 1,850 head.
Dry roods.
New York. April 17. -Trade in dry goods
continued moderate at first hands ana fair with
jobbers. Wash goods were more active with
the latter and tbe distribution of sample goods
was steadv. There was bnt a light request for
spot goods at tbe hands nf agents, but a lair
movement in tho way of orders 'for a few fall
specialties.
-peclnl Dm Sale This" Week Only.
Oar stylish new shapes and colors of hats.
The Leader, 89c up, the Henrietta, $1 21
up, tbe Guffy, 49c up, and the Jerome, jl 49
up, at Jackson's Star Corner, 954 and 956
Liberty.
Spfcial sale oi bestsateens, 11 cts.
Knable & Shu-StebTss TTifth ave.
600 new cloth and beaded capes just opened
at Eosenbaum & Co, 'a. - - ""
OUT OF THE MARKET.
Growinji Business llequiresEetention
of the County ISuildings.
WILL BE LEASED AND ItOT SOLD.
Two Financial Palaces Slowly bnt Surely
Approaching- Completion.
A FEW FIGURES F0K TIIE OUTSIDERS
The County Commissioners having so fax
failed to redeive a satisfactory offer for the
county buildings, recently offered at auction,
have about made up their minds to lease
them for a series of years instead of selling
them. They say business is increasing so
fast that the new building will in a few
years be inadequate to public requirements,
and additional room will have to be secured.
To meet this exigency tbey think tho buildings
in question should be retained by the county,
and have so advised.
. .
The big bank building at the corner of Wood
street and Seventh avenue is slowly nearlng
completion, but there Is a great deal of work to
do on it before it will be ready for occupancy.
Cashier Wade said yesterday they expected to
move into it about August 1. It will be as
nearly Are proof as possible. Tho vault will be
very strong. It will have a lining of nine inches
of steel, inside of which the safe proper will bo
placed. One would suppose from a casual
glance at the building that a very small torco
of workmen was employed on it; but it was full
of people yesterday afternoon electricians,
plumbers, carpenters and others, and all mak
ing as rapid progress as could be expected from
the nature of the work.
The German National Bank, near-by. Is not
so far advanced as Its neighbor. It is not so
large a building, but will cost about $100,000
more. The work is both heavy and intricate,
making progress very slow. It will not be com
pleted until some time in the winter.
Outsiders are beginning to realize tbe magni
tude of the trade of Pittsburg, but, as a general
thing, their conception of It is still under the
mark. A few figures may set them right. The
number of industrial establishments in tbe city
and immediate vicinity is. in round numbers,
4,000. The capital invested in these various en
terprises approximates $150,000,000, and the
number of persons employed in them exceed
110,000. The output of iron and steel last J ear
was nearly one-Hfth of that of the whole coun
try. The amount of railroad tonnage origi
nating and passing through Pittsburg in 18S9
exceeded that of any other city in the Union
excent New York.
Great as it is. the bnsirtess of Pittsburg is
capable of almost Indefinite expansion. With
boundless resources of natural gas, coal oil and
other products of nature, it is impossible to set
a limit to her possibilities. Tbe field of opera
tions is a broad one, and Is open to all who de
sire to take advantage of it. Men of capital
and enterprise will alwajs And a cordial wel
come availing them.
In this connection it may be of importance to
state that first-class manufacturing sites
abound both in tbe city and immediate vicinity,
and can be purchased at very reasonable prices
from $500 an acre up,
HITCHES AMi AROUND.
Stock TrndlnR Below Zero, With Gains and
Losses About Even.
Considerable effort was made to market local
stocks yesterday, and bids and offers for tho
most part were reasonably close together, but
thero was a hitch in almost everything, which
curtailed business to 20 shares, 10 each of
Pleasant Valley and Citizens' Insurance. There
were no special features, and gains and losses
In all cases small fractions were about evenly
divided.
The report that the Duquesne Traction Com
pany had sold out body and breeches to the
Pittsburg Traction Company was tho occasion
of some talk on 'Change, where it was declared
the biggest canard ot tbo season, there being
no fouudation whatever for tbe story.
MOUSING. .ATTEBHOOX.
Hid. Asked. Hid. AaKed.
KldelltyTltleiT. Co 160
Citizens Insurance .... 3o
Humboldt Ins. Co 60
Allegheny Oas Co.. Ill 40J
Allegheny Heatlnr Co. lot ....
Urldcewater. 5 40 i5' ....
ChartlersV. Gas Co.... 42 44& 4: 43
i'eople's Iat. Gas. 40
People's .U. ft l'.Co. 15 ... 15f KM
Pennsylvania Gas Co.. -14H 15 U UX
I'hlladelpbla Co 3oi 31 30)4 31
Wheeling lias Co 10 zl SO 21
orestOilCo SS 100 .... 100
VashlnirtonOiICo SO .... o0
Central Traction !7 28 27Jf 27
Citizens' rraotlon ( .... 6 ....
l'lttsburc Traction.... 38K K .... XlH
Pleasant Valley 26 a 27)4 26i" 27
Pitts.. A. ft JUn ZH7 307
l'ltts. Junction K. It Co .... 30 .... 30
Pitts. & U.K. Co. w 32
Pltts.ft est. U.K pf. 1S
S. .AC1. G. C. Co K 30J4; 32,
Ewalt(4Jdst.) Pridge. 58
La orla Mining -o...
' M H ....
LnsterMinlug Co...
14t 15 14 143
E.it End tlcctrlc ... . wi ....
Westlnghouse Electric 4Vi ....
II. S. ft SIg. Co 14
42f 43
U. S. ft big. Co. prer. 44
WestlnghouscAirb'ke. llljf 112K
Wtl'ghousclI.Co.Lm. CG
Sales were: First call, 10 shares Citizens' In
surance 35U; last call, 10 shares Pleasant Val
lev s. o. 60. 20
W. F. Maxon sold 15 shares Luster at 15.
Andrew Caster sold $1,000 St Clair Incline
Plane 6s at 105 and interest.
The total sales of stocks at New York yestcr
day were 194,073 shares, including Delaware,
Lackawanni and Western. 42,149: Missouri Pa
cific 5 335; Iioni&ville and Nashville, 3,150; Ore
gon Transcontinental, 4,230; Pacific Mail. 5,775;
Reading, S.800; Richmond and West Point,5,78S;
fat Paul, 7,560; Union PaciHc, 5,710.
A GOOD SHOWING.
Money in Fnir Supply nnd Demand Bank
Exclmnces Crnivliuc Dp.
Bank exchanges are bolding up to the high
level of tbe year, and at tbe Same time showing
steady gains over those of the same time in
1SS9. Of course, if business were not good all
round this conld not be. In this view of tbe
case tbe Clearing House reports are of interest
to all classes of people, as they afford an accu
rate diagnosis of tbe state of tbe business
pulse. The exchanges vesterdav were $2,890,
8C5 09, and the balances S465,b37 63.
bank officers reported an ample supply of
money to carry the spring trade through. Con
siderable paper was offered for discount by
regular customers, and there was some outside
borrowing. Rates were steady at 67 per cent
It is expected tho demand will be sufficient to
maintain these figures throughout tbe season.
Money on call at New York yesterday was
easy, ranging at 35 per cent; last loan, 3;
closed offered at 3. Prune mercantile paper,
57f. Sterling exrhanee quiet and steady at
$4 85 for 60-day bills and $4 87 for demand.
Closing Ilond Qnolntloni.
U.S.
U.S.
4s. reg 122
4s, coup 122
4Ss, reg 103S
4Ks. COUD 103H
M.K. ftT. Gen. 5s.. 64
Mutual Union 6s. ...102
.N.J. (J. Int Cert.. .112
Northern Pac. lsts..H6(;
Northern Pac. Ids. .ink
Northw't'n consols 141!$
Iorthw'ndeben'3Ssll0
Oregon ft Tr-ins 6s.l07l4
bt.Lftl.M. Gen. 5s. 8SH
bt.L. JtS.F. Gen.M.llt
at Haul consols ....127M
-!t. P. ClilftPc. lsts.116
lx Pc L.G.Tr.lts. 92S
Tx.. Pc. K C.Tr.Ks. 3X
Union Pacificists ..1I1H
West snore 105 H
U.S.
U.S.
I'acinctlsoi 'ao no
Loulsianastauiped4s 9oli
Missouri 6s 100
lenn. new set 6s... .118
lenn. new set. 5s....I04
Tenn. newsct. 3s.... 75
Canada So. Ms 98
Central Pacific Ists.lll)i
Den. ft It G. lsts...llb,S
Den. ft K. G. 4. 60
D.&K.G. Westlsts.
Erlc2ds 100V
4LK.ftT. Gen. 6s.. 74)f
NEW YORK Clearings, $118,151,428; balances,
$5.636 693.
Boston Clearings, $17.610.6iJl; balances,
$2,338,303. Money. 4 per cent
Philadelphia Clearings, $13,407,919; bal
ances, J2.116.564.
Baltimore Clearings, $2,539,939; balances,
$315,704.
London The amount of bullion withdrawn
from tl e Bank of England on balance to-day is
011,000 The bullion in tho Bank of England
incre iscd 42,000 during tho past week. Tho
proportion of the Bank of England's reserve
to liability Is now 35.4 per cent.
Paris Three per ceut rentes, 89f 15c for the
account
New York Government bonds have been
dnll and steadv. State bonds have been dull
and steady to firm.
Philadelphia Stocks.
Closing quotations of Philadelphia stocks, fur
nished by Whitney ft Stephenson, brokers, No. 57
Fourth avenue. Members Jew York Stock Ex-
"""- Bid.
Pennsylvania Uatlroad i... Wi
Hearting - 20j
Buffalo, Pittsburg ft Western 10
Lehigh Valley 52
Lehigh Navigation - 5!
orthern Pacific J1K
northern Pacific preferred 74H
SCORED A GUN.
Oil Closes Hnlf n Cent Better Than the
Opening-.
The oil market was firm on its feet yester
day in spite of a report that a 300-barrel gusher
on the Hartley farm in tbe Chartiers Valley
had been brought in dnrlng the previous night.
At 3 o'clock the well was said to be producing
at tho rate of about 60 barrels a day.
Tbe market opened at 83 and gradually crept
uptoS4J,tbe highest point about 2 o'clock,
after which it weakened off and closed at 83.
one-half a cent better than tho opening. The
extreme fluctuations were: Opening 83, high
ost 84& lowest 83, closing 83. The strength
was derived from Now York and OU City,
which did most of-tbe buying. Tradlncwas
fair. ho ever, all round. Wednesday's clear
ances were 60.000 barrels.
F. W. Phillip's No. 4, on the Douthett farm
at Glade Rnn, aqd the Fisher Oil Company's
O'Neil farm well at Millerstown, in tho Hundred-foot
district, are both dry.
The Vandergrlft well at Groveton increased
its output to 70 barrels an hour after being
shot
Both operations and production have fallen
oil greatly In tho Sheffield field. The daily
production is now about 2,200 barrels from 31
wells. Hague & Grandln have completed Nos.
11 and 13 on lot 167, which are making abont 100
barrels a day each. On lot 197 tbe North Penn
Oil Comnany has completed Nos. 1 mid 5, the
former being a dry hole and No. 5 a 250-barreI
producer. Horton. Crary 4 Co. got a duster
on lot 280. close to their No. 1. and I F. Wat
son and Wilbur & Francis likewise on lots 039
and 616.
The North Pehn Oil Comptny has completed
three wells there that are doing 4, 8 and 10 bar
rels a day respectively, while Sheasley Grant
got a 20-barrel well on the Scbnoir farm. Tbe
Nesbit well on the Snyder farm, which started
off at 25 barrels a day, is now doing 20 barrels. 1 1
A rig is being erected br-'J.imes Amm x Co.,
four miles ahead of developments, on the Fer
guson farm, in the direction of Murdochsville.
Their well on the J. Hill farm is dry.
W. P. Black is operating: extensively on the
Schofleld farm, near Warren. He has com
pleted four wells and tbe fifth will be finished
in a day or two. Several more wells will be
drilled by bim, for which tho rigs are under
way.
Uhe Forest Oil Company has purchased a half
interest in the Griffith well at Wildwood. to
gether with four adjoining leases, comprising
600 acres.
Fentnrea of Yesterday' Oil Market
Corrected daily by John M. Oakley & Co.. 45
Sixth street members of the Pittsburg Petro
leum Exchange:
Opeqed S3 I Lowest S3
Highest 84X Closed 8SK
Barrels.
Average charters 44,379
Average shipments 68,631
Average runs 64,4.7
Keflned, New York. 7.10c
Refined, London. 57-16d,
Refined. Antwerp, 1GK1-
Refined, Ltrcrpool. 5 11-lSd.
Keflned. Bremen, C.5.lm.
A. B McQrew quotes: Puts, S2KS2c; calls,
84085c
Other Oil .llnrkets.
OIL Citt. April 17. Petroleum opened at
83c: highest. S4c: lowest b3c; closed it
83c Sales, 89,r00 birrels; clearances not re
ported: charters 90 635 barrels; shipments. 76,
918 barrels: runs, 77,541 barrels.
Bradford. April 17. Petroleum opened at
82c; closed at b3Xc; highest. 81c; lowest,
62c; clearances, 193.000 barrels.
New York, April 17. Petroleum opened
steady at 82c, but quickly became strong.
Spot nil advanced to 84c and closed dull at
that figure, while May option advanced to 84c
then reacted and closed steady at S3. Stock
Exchange: Opening, 82Jc; hlehest, 84Kc;
lowest, 82c; closing. 84c Consolidated Ex
change: Openintr. 82c: Highest, Siic; lowest,
S2cf closing, S3;Sc hales, 465,000 barrels.
MOVEMENTS IN REALTY.
Wllklnsbnrg Methodists Let a Lot Go Other
Importnnt Transactions.
Hamnett & Meredith, 102 Fourth avenue, and
Wilkinsburg, sold for tho Methodist Episcopal
Church of Wilkinsburg a lot 100x110 on Ross
street, Wilkinsburg. for $3,000.
Black & Baird, 95 Fourth avenue, sold to
Thomas W. Aisbitt for J. P. Speer a tract of
vacant land, corner of Cato and Juliet streets,
Oakland, size 192 feet on Juliet street and 165
feet on Cato street to Hardie alley, for $5,750.
They also sold two more lots ic tbe J. Wallace
Hay .plan, of Valley View place, sitnate on
Wirklow street, and being Nos. 40 and 41, each
20x100 feet, for $600. William Manchester was
tbe purchaser.
Reed B. Cojle & Co.. 131 Fonrth avenue, sold
to J. D. Banks lot No. 22 in the plan of lots at
Marion station, Baltimore and Ohio Railroad,
for $350.
Samuel W. Black & Co..'n9 Fourth avenue,
placed a mortgage for tl,200 on property on
Rose street, McKeesport for five years at 6 per
cent
C. Beringer & Son. 156 Fourth avenue, sold a
lot at Woods' Kun. in John A. Eckert's plan, to
Thomas Riley, for $500.
W. A. Herron & Sons sold lots Nos. 287 and
288 in tbe Asplnwall Land Company's plan, at
Aspinwall station, in size 25x100 feet each, for
$650.
Alles A Bailey, 164 Fourth avenue, sold at
public sale No.-ol Page street, Allegheny City,
a two-story brick dwelling. lot 16 feet by 106
feet by 66 feet 3 Inches, for 51,750.
MONEY MAKES BULLS.
Not RIncb Vim In Railroad SibnVe, Bat a
Bettor Tone nnd Some Important Ad
vances Snenr nnd Lackawanna
the Features.
Netv York, April 17. The stock market,
while rather dull to-day, was strong almost all
the way through, and while the movements in
most of the list were confined to insufficient
proportions, a few stocks made large advances,
and the activity in them served to make a
moderate day's business. Sugar Refineries was
the feature of the forenoon, and Lackawanna
of the latter portion of the day, and except In
a few specialties these two stocks monopolized
the attention of the traders and showed the
only wide fluctuations.
The probability of some legislation which
will make silver of more consequence in the
world, and at the same time afford a means of
increasing the amount of available funds for
tbe purposes of speculation, gave the market
an impetus, and with other favorable factors
entirely overrode the effect of the rather dis
couraging items of nevts from Chicago.
Tbe announcement of the intention to at
tempt to use tbe steamers of the Pacific Mail
t ompany in connection with the Northern Pa
cific, despite the relations now existing be
tween the Pacific Mail and the Union Pacific,
and the fnrther reduction of rates by the
Northern are regarded n evidenco that tho
tight between tbe Rock Island, Missouri Pa
cific and tbe Union Pacific is to be even more
hitter than at present The contest is so de
moralizing to business in Wall street that tbe
bulls threaten to cut away from those stocks
altogether. This morning, however, the fur
ther reduction in the minimum rate of discount
of the Bank of England to 3 per cent and tbe
prevailing low rates for money in the open
market there, created a more bullish feeling on
stocks at London and higher prices were made
for American stocks, which gave this market
quite ap impetus at tbe start
The recommendation of tbe Ways and Means
Committee on the sugar tariff made Sugar Re
fineries the princip il feature at tho opening,
and tbe buying on the impression that the new
legislation will increase the consumption of
sugar and so give employment to the idle re
fineries was sufficient to send the certificates up
nearly 3 per cent during I he forenoon, and
though the dealings in them afterward slacked
off materially the price was held up to near tho
best flgure.
Tbe bullish feeling in the general list was
helped further bv the strength in Lackawanna
which was bought openly by its usual sup
porters, and it assumed the first position in the
market The report tnat came from Philadel
phia that the Reading bad advanced coal prices
from 15 to 25 cents per ton al-o helped tbe im
provement in Lackawanna, and also in Jersey
Central. The bidding up of silver certificates
was of marked influence on tbe list, and while
trading and fluctuations wero small the
strength was undoubted, and the upward move
ment only ceased with the close of business.
Among the specialties which showed marked
strength Tennessee Coal, Chesapeake and Ohio,
Wheeling and Lake Erie were prominent The
close was firm at about tbe best prices of the
day. Tennessee Coal is up 2xi Sugar Re
fineries 214, Chesapeake and Ohio first pre
ferred IK. and Rock Island 1 per cent
Railroad bonds were strong all tbe way out,
though few important advances were scored,
and the principal activity was in a few issues.
Texas Pacific contributed $266,000, Rio Grande
Western firsts J2I2.000. and Fort Worth and
Denver firsts $533,000 to the grand total of
$1,834,000. The ii"s from Philadelphia stimu
lated the Reading issues, but most of the other
marked gains were in the inactive bond'. The
most Important gains were in Ceiiar Falls
and Minneapolis UrMs, 4 to 70, and St. Joe and
Grand Island incomes, 3 to 43.
The JPost says ; Thei e was the usual quota of
discouraging reports from tbe West, but the
temper or speculation has become more bullish,
and reports from Chicago are received with
considerable caution. The reduction in tbe
Bank of England rate of discount to 3 per cent
and the higher prices for Americans in London
belped to strengthen the market The ad
vance in Lackawanna was due to buying orders,
partly for the short account and also on the
Improved condition of tbe company's business.
The gross earnings of tbe St Paul per mile for
tbe week were $81, against $76 for the same
week in 18S9. $78 in 1888. $90 40 in 18S7, $S3 60 in
1SS8, $92 In 1885, and $94 70 in 1884.
me following table shows the prices of actlrs
stocks on the New York StocVExchinge yester
day. Corrected dally for THIS DISPATCH by
Whitkky ft Stephknsov, oldest Pittsburg mem
bers orNew York Stock icbange, 57 Fourth ave
nue: Clos-
Opcn- High- Low- ing
lng. est. est Hid.
Am. Cotton Oil MS ?X
Am. Cotton OH pref. .... f
Am. Cotton Oil lrust.. 26 24 26X 263
Atch., lop. 4S. P 28 SSH S7 M
Canadian Pacific 74S 743 7SX 7-IJi
Canada (southern t 55 5 55 54?r,
Central orew Jersey .120 120X 120 1201
Central Pacific "..
Chesapeake ft Ohio.... 23 23M 23 23H
C. Itnr. ft Qulncy... .105 106 105 105V
C, Mil. ft ST. Paul 68$ 69 68 6oJ
C, Mil. ft M. P., pf. 1"
C, Itoctl. ft P......... 90 SIX S0J4 1S
C. St L. ft Pitts US
C, St. L. ft Pitts., pf. - 46
('., St. P.. M. ft O S2
C, St. P.. M. O. pt S5
C. ft Northwestern. ...Ill lli 111 lit
C. &.W.,pf 142
C. C, C. ft I. 72 72 72M 114
C. C..C&L, pr. ViH
Col. Coat ft Iron 52 52 51M 524
Col. ft Hocking Val 2H
Del., Lack ft West 138 139J4 137H 130
Del. ft Hudson 11214 152J lo2M 152M
Den. ft ltlo Grande.... 14)4 l6'-4 "'i 10
Pen. ft Ulo Grande, pf 48.S 48 43,'4 UH
E. T., Va. ft Ga 8H
E.T.,Va. ftGa., lstpr 72S
E. T., Va. ft Ga , 2d pr 22
Illinois Central 115
LnKeKrle Attest Wi 17) 17X I7S
Lake Erie ft est pf. 63 6IS 63S 646
Lake Shore ft M. S 107! 107X 1"7H Ki7$
Louisville ft ashrllle. So.'j 83H 85 So!4
Michigan Central 08
Mobile ft Ohio . . !-,
Missouri Pacific 7IX 7: 71 71H
New York Central 107S
N. Y L. E. A W 24S 24H 24 24H
N.Y..L.E. ft W.prer. 60
N. Y., C. ft St. L 1CX
J. Y li ft St. L. pr. 70
N. Y.,C. ftbt.X.. 2dpf 39V4
N.Y. &H. E 45'S 6H 4S7i 4M
N. Y.. o. ft W 1SH leH 18 JS!4
Norrolk ft Western 19
Jiorfolk ft Western pf. .... 59
Northern Pacific 30M
horthern Pacific pf... i 1M 73 7I!4
Ohio ft Mississippi is
Oregon Improvement. 451 4S)i 45S 4S
Oregon Transcon 37J 37 S7U 37V
PacinoMall 4t 41 41 4P
Peo.. Dec. ft Evsns.... 21 2l"g 21 20
Phlladel. ft Heading... 41 414 40 l
Pullman Palace Car 189),
Richmond ft V. P. T . 21 f 2I 21ft 21)
Richmond ft W.P.T pt " 798
St. P., Minn, ft Man 111$
St. L. ft San Fran jo-
St. L. ft Kan Kran pr.. 37 37 37 37
St. L. ftSan F. lstpt ,. SSX
Jevas Pacific 19 19 19H MX
Union Pacific 63)4 64 63it StH
Wsbash I2H V. 12 12
Wabash preferred 26Ji 26V 26 26H
Western union 82 82! 82 Sl'i
Wheeling ft L. E. 73 73. 71 73
Sugarlrust 65 Cfi's 65 CKSi
National I.csd Trust. .. 17 18 17S 173q
Chicago Gas Irust 46J 47i 48)4 47)
Boston
Atch. ft Ton 3sy
lioston ft Albany.. ..218)4
Ttoiton Maine 35
Stock.
Boston A Mont 4i3ji
Calumet ft Hecla. ...270
Catalpa 24
ranklln WA
Kearsarge HH
Osceola 24
Pewablc (new) 0
Qulncy 8f,
Santa Fe Conner eu
', U. &Q 105JJ
tjinn., ssn. s liev.. M
Eastern It K 169
FisternU. li. 6 .... ZV.
Flint ft PereM. prer 99
K. C.,st. ft C. B. 78.121)4
Mass. Central 17
Mcv. Central com. . 1934
N. I.ft .V. Eng... 46)4
N. Y. ft N. Eng. 7s.12-.J4.
Old Colony 17754
Wis. Central com... 29)4
Wis. Central pt 61
Allouez Mg. Co 4
Atlantic 15)4
Tamarack G?)
Annlston Land Co.. 59
lioston Land Co 64
San Diego Land Co. 244
nest tnn Lana uo.. 24j
ISell Telephone 215
Lamson stores 30V
Water Power 6)4
Mining Stock.
New York, April 17. Mining quotations:
Alice. 125: Caledonia B. H., 225: Chollar, 330:
Crown Point, 250; Consolidated California and
Virclnia. 475, Commonwealth. 250; Deadwood
T.. 125: El Cristo, 140: Eureka Consolidated, 250;
Gould & Curry, 165; Hale it Norcross, 26M;
Homestake, 850; Horn Silver. 240; Iron Silver.
195: Mount Diablo, 200: Ontario. 4000; Ophlr, 425:
Savage, 200; Plvmoutb. 350; Sierra Nevada, 250;
Sutter Creek, 150; Union Consolidated, 28a
Buslnrss Notes.
Forty-two mortgages were recorded on
Wednesday. The two largest were for $5,000
each.
Several handsome stone dwellings will be
erected in the lower part of Allegheny this
season.
All roads will meet the cut of the Missouri
Pacific on passenger rates to Pueblo and will
extend it to all Colorado points.
The railroad trouble had a depressing effect
od Fourth avenue yesterday. Beal estate men
were the principal complainants.
The directors of the Baltimore and Ohio
road declared a dividend of 5 per cent on the
stock of tbe Washington branch of tbe business
for six months ended March 31.
Prominent New York commission houses,
which have been doing nothing for six months,
have commenced to buy stock, and are advis
ing their customers that a change for the bet
ter is imminent ,
The leading executive officers of one of tho
big Missouri river roads says that the refusal of
tbe Atchison to pro-rate on grain will force
down grain rates east of tbe Missouri river. A
storm is brewing which will involve many rail
roads. There was considerable tilk on Fourth ave
nue yesterday anent the double sale of tbe
Blackmore property. Henry A. Weaver fc Co.
entered suit for their commission, and De Roys
wilt sue Mr. Blackmore for damages if the
property shall be awarded to Mr. Lang.
MABKETSJ3Y WIEE.
A Largo Business In Wheat, Willi Prices
Irregnlnr nnd Erratic Corn nnd Oats
Gain n Little Pork Nerv
ous nnd Siendy.
CHICAGO Quite a large business was trans
acted in wbeat to-day. and the feeling was un
settled. The course of prices was Irregular
and tho erratic naturo of the market was due
largely to speculative influences. Outside busi
ness continues good. There was considerable
interest among local dealers to decipher the
movement of a certain operator here. The
opinionseemed to prevail that thepartyin ques
tion was trying to sustain tbe market and get
rid or some line of long wheat, and as soon as
traders discovered an attempt to unload, tbo
market quickly weakened and some rapid and
sharp changes occurred.
The market opened c higher, and ad
vanced c more, then became weak and de
clined l2c for May and J nne, and 2c for
July, rallied some and fluctuated frequently,
closing about lc lower for May, and lc higher
for July, than closing figures on 'Change yes
terday. Trading centered mainly in July, most
of the transactions being to effect settlements.
Corn was fairly active and a little unsettled,
prices fluctuating frequently within :,
but the market on the whole was firmer. The
bulk of the trading was local, and prices were
governnd largely by tho changes in wheat. The
market opened firm at an advance of He over
closing prices yesterday, and under a good de
mand cradually sold up JSJic, reacted on in
creased offerings, rallied a little and ruled
easier, closing 'AlA better than yesterday.
Oats were active, stronger and higher. There
was no pressure to sell and a good demand.
The advance in wheat also had a good effect on
values and assisted in advancing prices c
On the appreciation offerings increased and
slight recessions followed, bnt the market
closed steady at a net gain of Kc
Tbe mess pork market was unsettled and
nervous, with frequent fluctuations in prices.
Opening sales of July were made at 10c ad
vance and followed by a further improvement
of 10c. Later a weaker feeling set in, offerings
were lamer and prices declined t0S65c. to
ward the close they tallied S0j$35c, but settled
back 740c. closing rather steady.
Considerable interest was manifested in lard.
Prices were irregular, advancing 57Xe early,
then settled back 7K10c Later they rallied
517c and tbe appreciation was moderately
well sustained.
Quite an activo business was done in ribs,
but the feeling was unsettled and prices irregu
lar. Opening sales Here at 510c advance, but
with more pleasure to sell a reduction of 15s
was submitted to. Later tbe market showed a
little more strength with fair buying by local
operators, and prices rallied 710c closing
easv.
Tho leadine futures ranged as follows:
Wheat No. 2, April, 89Kk987S7c; May.
89ig90SS8Sc: June. Sa0S838Kc;
Jul. 87S7K85KS5Kc
Corn No- i April. 32Vf32?j;32a32c:
May, 3232Ki2K32Kc; July. 33S3
33K33Mc
Oats-No. 2, May. 232ik2323c;
June. 2324Q23H235c; July, 2324Ji23
23Jfc.
Mess Pork, per bbl. May. $13 0013 350
13 0013 30: June. $13 4513 454? 13 10913 4.
July. $13 7513 50I3 15013 55.
Lard, per 100 lbs. Mav. $6 52J$6 60
6 50iR0 55; June. 50 a56 boG 558 bU; July,
$0 OOrvH 726 656 67.
Short Kibs. per 100 as. Mav. $5 7005 70a
5 051 J 5 t-0. Jiine.-S3 7IHi 7Jo 62$5 (,,;
July. S5 8005 855 7Uo 7JK-
Cash quotations were as tallows: Flour dull
and unchanged. No. 2 spring wheat 87c; No.
3 3prltig wheat. 779c: No. 2 red. 88c.
No. 2 corn. 3232JJc. No. 2 oats, 23?i23c.
No. 2 rye, 48c No. 2 barley, nominal. No. 1
flaxseed, $1 49. Prime timothy seed, $1 25.
Mess pork, per bbL $13 2513 80. Lard, per
100 lbs. $6 55. Short ribs sides (loose), $5 60;
dry salted shoulders (boxed), $4 804 00;
short clear sides (boxed). $4 804 85. Sugars
Unchanged. On the Produce Exchange to-dav tbe butter
market was weak: fancv Elgin. 17018c: finest
Western, 15017c; fine, 1415c Eggs. 10llc
NEW YORK Floor moderately active.
. Corn I
options I
edtoloj
meal quiet Wheat active, closing easy) oi
tuny active, closing weax ana uneaangu
off. Rye strong: Western. 6758Kc. Barley
strong. Barley malt firm. Corn fairly active,
closing firm: options moderately active, H14.:
higher and firm. Oats Spot stronger and ac
tive; options fairly active and firmer. Hay
qnlet and steady. Hops easy and quiet. Coffee
Options opened barely steady, 1025 points
down; closed steady and unchanged to 10 points
down; sales, 51.250 bags. Including April. 17.05
17.1c; Mav, 16.95c; September. 16.1516.30c;
October, 15.95c: November. 15.7515.80c: De
cember. 15.8015.85e; January. 15.6515.70c:
February, 15.6015.65c; spot Rio dull and
nominal; fair cargoes, 9J$c; No. 7 flat
bean nominally 1818c. Sugar Raw firm and
quiet; sales, 1,000 bigs; molasses suzar, 89 test
at 2 21-32c; refined again firmer and active
C. 4J5c: extra C. 55 7-16c; white extra C.
56-lb5 916: yellow. 4XQ5 M6c: off A.5K
5 13-16c; mold A. 0 5-1 6i: standard "A," 6 1 !6c
confectioners' A, 55 l-16c; powdered, 6 7-16c;
granulated, 6 3-16c; cubes. 6 7-16c Molasses
Foreign firm: 50 test, 21Jc bid; New Orleans,
steady. Rice firm and f-iirlvactivp. Cottonseed
oil strong: crude. 2S29c Tallow firm.
Rosin Arm; common to tood. $1 301 32.
Turpentine dull; offered at 40c- Ecxs firm
and In Mir demand: Western, 123i13c; re
ceipts, 6.781 packages. Pork strong. Cut
meits firm. Middles strong; sales sbort clear.
$6 20. Lard higher; No. 2 quiet: sales 1,250
tierces Western steam. $6 80b 92, closing at
$6 87; options, sales 3,250 tierces; April, $6 87;
May, 96 776 SS, closing at f6 87; June, $6 95;
Jnly, 57 007 03, closing at $7 00: August $7 08.
Butter Choice fairly active anil firm; Western
diiry, 713c; do creamery. lOJSlSc; do held,
510c: factory. 410c; Elgin, 1920c Cheese
steady and In moderate demand; western, 9
10c.
PHILADELPHIA Flour Firm but quiet
Wheat strong and advanced 22c In sym
pathy with otbei grain centers, but little or no
demand from any source, and local prices were
to a great extent nominal. Rejected. 7278c:
fair to good milling wheat 8692r: prime to
fancv, 9I9Sc; No. 2 red. April. 9292c: May,
924 c; June, 9192c: July. 8890c.
Corn, firm and closed Kc higher, in sym
pathy with tbo West Carlots, for local trade,
qniet; No.4 mixed, in irrain depot, 35c: No. 3
mixed. In crain depot. 37c: do on track. 38c;
No. 2 yellow, on trirlc. 4lc: No. 2 mixed. April,
3939Vic; Mav. 393!Kc: June. 39Ji39c; July.
394uc. Oats Carlots, strong with an up
ward tendency; lair local trade demand. No. 1
mixed, 33c; -No. 3 white. 3ic: So.Z white.
35c: futures. In fair request and firm; No. 2
white. April, 333iS3lc:Miy, 31Jj;32c; June,
31K32c; July. 32J4g32Jc Eees meady and
in fair demand; Pennsylvania firstsl2c
ST. LOUIS Wheat opened sharply higher;
the first sale of May being lc above yesterday's
close and Julyjfe up. Advances of c
were then made, afterwhlcb there was aslump
and May closed the same, while Jnly went c
below vesterdav; No. 2 red casb. 86c nominal;
.May closed S6c; July, 82c; August Wic
Corn higher anclstrnng; No. 1 cash, 2930c;
May closed 2929 asked; Jnly, 30c; Sep
tember, 32c asked. Oats hizher and firm;
No. 2 cash 242oc: May, 2424c; Jnly, 235i
24c, closed, 2424c Rye very quiet; 44c
bid. Barlev weak and nothing done. Flaxseed
salable at $145 Iron cotton ties. $1300135.
Provisions tinner. Pork, job lots, $13 75. Lard
nominally" $6 25.
MINNEAPOLIS Receipts of wheat for the
day 164 cars, with 47 shipped out The demand
for cash wheat was very poor, and the market
dragged along slowlv f the close. Holders
held out for pretty full prices at the stirt, but
were obliged to accent some concessions in
order to affect sales. Closing quotations: No.
1 hard April and May, f&Kc: July, 87;c; on
track, 8788c: No. 1 Northern. April and
Mav, 85c; July, 86c;on track, 86S6c;No.
2 If orthern, April and May, 82c; July, 83c; on
track, 8284c
BALTIMORE Wheat Western steady; No.
2 winter red, spot and April, 87(gS75ic; May,
8883ic; Jnlv, 86S6Kc Corn Western
strone; mixed, spot and April. 39Ji39c:
May. 39ii39c; June. 3939c: JuTv.
4O40Kc; Angust, 4040Jic; steamer, 37c
bid. Oats fairly active and uncbinged. Rye
firm, prime to choice. 5758c. Hay steady;
prime to choice timoth. $13 O0Q14 00. Provis
ions steady and unchanged. Butter firmer but
unchanged. Eggs active, 12c Coffee dnll;
Rio fair. 20c
MILWAUKEE Flour steidy. Wheat-No. 2
spring on track, cash. 8283c; May. 82c: No. 1,
Northern, S8c Corn steady: No. 3, on track,
34c. Oats steady; No. 2 white, on track, 16c
Rye firm; No. 1, in store, 49Jfc Barley steady;
No. 2. 4SVc Provisions eaMer. Pork, $13 00.
Lard, $6 50, Cheese unchanged; Cheddars, 10
10c
TOLEDO Wheat active: cash. 88c; May.
87c; J uly. 86c: August, 84Jc. Corn dull and
firm; cash, 35c; May, 34c. Oats quiet: cash, 25c
Cloversecd steady; cash and April, $3 40; Octo
ber, 3 55.
THE TANNERS REJOICING.
Delighted That Hide Are to Continue on the
Free l.isr.
Tbe Allegheny tanners are happy over the
success of the movement to keep hides on tbe
free list so far as tariff is concerned. A prom
inent dealer in hides said to-day: "I was agree
ably disappointed at the action of the Ways
and Means Committee in tbe report which
placed bides on the free list While the pro
posed tax would have been an immediate ben
efit to my trade, it would have been a disad
vantage in tbe long- run. We have had bides
free of duty for tbe past 20 years and have
fairly prospered under the old system. I feared
that the pressure from the farmers of the West
would overbalance the protests of the New
England tanners and shoe manufacturers, nut
am glad to learn that my fears were groundless.
"The Yankees, backed by tanners all over
the country, have gained their point, and we
are to have hides free ot duty in the future as
in the past" ...
A leading Allegheny tanner talked In the
same strain. Said he: "Our industry has
been on a healthy basis for the past year or
two. To be sure, profits have not been big. and
it requires close watching and a largo volume
of trade to bring margins en to the right side of
tbe ledger. Bat this is better than the big
profits of former years, which stimulated trade
beyond that which was healthy and legitimate,
to be followed by reactions and depression.
"1 am glad that the powers that be have con
cluded to let well enough alone, and feel confi
dent that our trade has a fair f utnre before us
since we are to be let alone by Congress. Hides
and leather are lower than they have been in
my memory, but with improved machinery and
close watching there is a reasonable profit to
the trade, and I prefer this to the booms which
are inevitably followed by reactions."
When baby was sick, we gave her Castorla,
When she was a Child, she cried for Castorla,
When she became Miss, she clung to Castona,
When she had Children.she gave them Castorla
an9-77-3tWFSu
vZ CT Xl s3 iii 11 -1 1 1 if ? ' a ili T" ""
STANLEY HEARD FROM!
Swift's Specific Cures People of all Nations
and in all Climes !
The white, the black, the red, and all who have blood
diseases or malaria, will be benefited by its use. Mr.
Stanley seems to be civilizing the blacks of Africa
with it. Send for Treatise on Blood and Skin Diseases.'
mailed free. THE SWIFT SPECIFIC CO.,
Snwir 3j Atlanta, CH,
A SIMPLE SERVICE,
But a Host of Olournlnir Friends Mark the)
Funeral of tbe Dead Statesman
UandnlPa Remains Corried to
Their Resting PIner.
trnoM A STArr connESPoxDSXT.l
"Washington, April 17. The funeral oi
the late Representative Randall was eon
ducted with the same simplicity as usually
attends that of the obscurest citizen, and
was far more solemn for that reason than a
State funeral would have been, but no de
sire for qu iet and unobtrusiveness could keep
away the crowds who revered tha
name of tbe dead statesman. Prac
tically all Congress and the officials
of the administration, as well as all
citizens who could gain entrance to the
church, assembled to pay their last respect
to the remains of one whose proudest epi
taph will be, "He was an honest man."
Hardly a Pennsylvanian in the city but
was there, and many citizens came from the
nearer counties of the State to take a last
look at the face which has for long years
been more sought than any other in the
ball of Representatives by every visitor to
the Natioual Capitol. All the Pennsylva
nia members of Congress were present at the
church, and all accompanied the remains to
Philadelphia, with the exception of Senator
Cameron and Bepresentative Bayne, who
were detained for good reasons.
The services wre opened with the hymn,
"Lead, Kindly Litrht," by the Schubert
Quartet of male singers. Prof. BiscnoflT
presided at the organ. Prayer was then
offered by Chaplain Milburn. after which
the pastor ol the church, Rev. Dr. Chester,
delivered the funeral sermon. An anthem
followed the sermon, and then Chaplain
Milburn pronounced the benediction. The
ceremonies were concluded about 11 A. M.,
when the procession formed and moved to
tbe Pennsylvania Railroad station, through
tbe Capitol grounds and Pennsylvania ave
nue, which was lined with sympathetic
spectators. Arriving at tbe depot there
mains were placed aboard a train, which
soon after started for Philadelphia.
A dispatch from Philadelphia says; The
train bearing the remainsof the late Samuel
J. Randall, arrived at Ridge avenne station
on the New York division of the Pennsyl
vania road, a few minutes after 3 o'clock,
and the cortege proceeded out Ridge avenue
to Laurel Hill Cemetery. A large crowd of
sympathetic spectators had gathered at the
station and hundreds followed the funeral
procession to the cemetery.
Foh a disordered liver try Beecham's Pills.
Pears' Soap tbe purest and best ever made
Special sale of best sateens, 11 cts,
Knable & Shuster, 35 Fifth ave.
T.
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Accounts solicited. Issue Circular Letters;
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direct importation from the best manufac
turers of bt GalL in Swiss and Cambric Edg
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ap28-l
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