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THE PIITSBTJEG DISPATCH, SATURDAY, JULY 18, 1891.
11
IN TRADE REVIEW
Business Holding Up Well for the
Season of Shutdowns and
Repairs.
BESSEMER TIG GOES STILL LOWER,
Surface Signs That Are Considered Hopeful
hj
Dealers Who Watch the
Market
SOME DTTERESTLN'G COMPARISON'S MADE.
Drift of Opinion and Fluctuations at All leading
Outers.
OrriCK of tub riTTSismto Dispatch, )
Friday, July 17. '
Eaw Inos akd Steel We hare reached
llie middle of July and trade shows up re
markably -well, so lar as volume Is con
cerned, l'riccs of Be-semer, gray forge and
foundry iron rule low, compared with same
timo last year, as w ill be been by the follow
ing: .. 1990. JulT 17. I 1891. July 17.
1 Bessemer $19 3mVi 50,Bessemer. ...JIG 2316 30
JGrsv forge... 15 sowis, 73 Orav rorgc .. 14 onR-14 25
No. "l foundry 17 50M7 60'No. 1 foundry 1 OCKgilS SO
lXo.2fi.undrj- 16 5U&16 60 No. 2 foundry 15 00(0,15 25
JMot. A ti hlte. 15 3gl5 S0Mot. & white. IS 50i$13 75
V TUo above figures tell the story. Prices at
present, as shown by comparison, are re
1 markably low, which may account.for sales
bcing so liberal. Just think of It. Bessemer
i pig being sold at $3 10 per ton decline com
jpared with Julj", 190; gray forge, $1 50; bll
jlets and slabs, $4 OOgi 50; muck bar, $2 50;
jforro manganece, $3 50 lower, and steel wlie
yrods at a $7 00 decline.
i The stock of standard Irons is by no means
Uarge; city furnaces are well sold up and are
showing no particular anxiety to ell. Com
'pared with previous years the July sales are
far in excess of any previous year, notwlth
jstanding the fact that a large number of
vmills are taking stock and making repairs.
Ono fact seems evident: buyers would
(Scarcely make such liberal purchases unless
'their minds were made up that the present
"was the most de-lrablo time to purchase for
the lall and winter trade. Our iron men are
".credited with being pretty wide awake, and
'this may have something to do with the
large amount of iron and steel that has been
disponed of during the past two months.
"Prices Firm and the Dullness Temporary.
1 A well-informed Eastern iron man had
this to say: 'Trices are generally Ann, not-
,-viiths.ianding the limited volume of busi
ness, as the dullness is but temporary and
usual at this time of year. Consumers of
Tjotli crude and finished irons are buying
only in a small way, and there is no
disposition on the part of lur
nace and mill operators to force business.
The trade is gcuerallyinaheaithycondition;
and is not suffering from the present dull
liess. A few of the Pennsylvania mills, cast
of the Alleghenieshave signed the new scale
mid have resumed operations, but the
majority of manutacturers are still opposed
to Mich a course."
There is nothing to show that stocks aro
c-peclally burdensome as yet, but if the de
mand should start up, as many prediot, it
should prettv well aDsorb the present oat
put. This seems to be in conformity with
tellers' ideas, as they have made no im
portant concessions thus far and are not
likelv to do so until the outlook is of a more
decided character than ut present. The next
two w eeks are expected to develop some
thing definite.
Southern iron lias been neglected for some
time past. In order to effect sales, prices
have to be materially shaded. Shcnango and
Mahoning Vallej iron is held firmly, prices
being w ell maintained.
An Old Firm Winding Up.
The iron firm of Nimick & Co. have de
cided to wind up their affairs and quit busi
ness. This firm was the succeBSorto Michnel
Allen, the first pig iron merchant that oper
ated in Pittsburg. He was a commission
merchant on Water street and was agent for
all the Hanging Bock furnaces, which iron
was brought to PittsDurg by water. Atone
time their iron business annually exceeded
!f 1.000,000. The Meuongahola wharf often con
tained many thousand tons of iron from
lat district.
The Latest Bessemer Die off 25 cents tier
in with fair demand. Gray forge, sales lair
It last week's figures. Blooms and billets
how up fairly well. Muck bar, no falling
tin in aemanu. jiu sieei rnus. long jengins
In fair demand and prices maintained,
hkelp iron, sales liberal. Ferro manganese.
ilnnifistic steady at last week's flirures.
feerap material Weaker, and buyers otlering
iowerngures.
COKE. SMELTED LAKE AXD XATIVE ORE.
8.500 tons Besbemer Aug., Sept. $16 45
8. 000 tons Bessemer. 16 25
2.500 tons Bessemer pig, July, August.. 16 20
2.500 tons graylorge 14 00
2,000 tons Bessemer, Julv, Aug 16 25
1.500 tons gray forge, Aug., r-ept 14 25
1, 5oo tons gra v forge at Valley Furnace
August, feptember 14 00
1.200 tons graj forge, .Aug., Sept., Oct. 14 25
1,000 tons Beemer. July. 16 DO
1.0U) tous gray forsrc, Aug., Sept 14 15
1,000 tons grav forge at Valley Furnace
Jul, August 13 80
l,Ono ions grav forge 14 00
buotons Bessemer 16 25
oOOtous Bessemer 16 25
500 tons grav forge, July and Septem
ber 14 10
Jill tons grar forge, all ore 15 0Q
600 ton grav forge. Valley Furnace,
Jul and Augu-t 13 TO
SootonFgra forge 14 00
."410 tons Beseme............. ..... 16 H0
cash
cash
cash
cash
cash
cash
cash
cash
cash
cash
cash
cash
cash
cash
cah
cash
cash
cash
cash
200 tons gray forge, all ore 15 25 4mos
100 tons No. 1 foundry- 16.10 cash
SO tons No. 2 foundry, extra 15 85 cash
SO tons Ko. 2 foundry 15 25 cash
25 tons No. 2 foundry. 15 25 cash
25 tonsaUore, mill..................... 14 25 cash
25 tons No. 3 foundry 14 SO cash
STEEL SLABS AXD BILLETS.
2,000 tons billets, July, Aug.. Sept $3G 25 cash
1.500 tons billets and labs, Aug., -eot.. 26 40 cash
1.000 tons billets. Aug..
. 26 25 cash
, 26 75 cash
750 tons billets, Aug., Sept
000 tons billets, Aug., bept.
500 tuns billets, at makers' mill..
5t tons billets
200 tons billets, at makers' mill..,
MUCK BAR.
2.000 tons neutral, Aug., Sept
1.500 tons neutral, Jul, Aug
1.000 tons neutral
1.OJ0 tons neutral, Aug., sept
1,000 tons neutral, Aug., Sept
S00 tons neutral, bept.
5(0 tons neutral, Aug., bept
SOU tous neutral.
. 26 SO cash
. 25 SO cash
. 25 75 cash
, 25 50 cash
...?27 25 cash
... 27 00 cash
... 26 75 cash
.. 27 00 cash
... 27 00 cash
.. 27 00 casli
.. 26 75 cash
... 20 75 cash
SKELP IROX.
l,200tons wide grooved (1 65 4 mos
soo tons sheared Iron 1 g; 4 mos
bOO tons narrow grooved 1 62s 4 mos
TERKO MAXGAJiEKK.
175tons80percent,domcstlc,I,IttsburgG8 SO cash
75tons(0 percent, seaboard 04 no cash
50tonsS0iiercent,Baltimore G3, 40 cash
40 tous 80 per cent New York 64 00 cash
BLOOM, BEAM, RAIL AX"D CROP EXDS.
2.800 tons bloom ana beuni ends .....J1S 12s$ cash
651) tons rail ends 17 50
cash
500 tons billet ends 18 to
STEEL WIRE RODS.
cash
730 tons American tires....
$38 35
. 30 60
cash
cash
600 tons American Ores........
SCRAP MATERIAL.
500 tons Xo. 1 r. r. w. scrap to Valley
31111, net $19 85
200 tons No. 1 w scrap, net. 18 50
IV) tons No. 1 vr. scrap, net 18 00
150 tous steel rails, short, gross 18 00
100 tons o. h. steel, gross 17 00
joo tons old iron rails, gross 22 50
200 tons w. 1. turnings, net 15 00
l(i) tons cast scrap, gross 13 75
10) tons No. lw. scrap, net 19 00
75 tons extra hammered iron axles,
net 23 00
5 tons extra hammered iron axles,
net 23 25
cash
cash
cash
cash
cash
cash
cash
cash
cash
cash
cash
OLD IRON AXD STEEL RAILS.
1,000 tons steel rails, long lengths $1875
CHARCOAL.
125 tons Xo. 2 foundry $21 00
75 tons cold blast 23 00
cash
cash
cash
The Market Ten Years Ago.
The follow ing report of tho iron market is
takci. from our files of July 17, 1SS1 exactly
ten years ago. It shows tho difference in
business and prices then and now: The tone
or the pig metal market has improved con
siderably since our last, and holders are
very firm at last week's prices, while some
are asking an advance of50e to $1 00 per ton.
Tho sales reported are not very large, but
we hear of negotiations pending that are
likely to lead to large sales In the near
future. AVe report the following sales:
COKE AJCD COAL SMELTED FROM L. S. ORE.
200 tons grav forge, red short
jlo tons gray forge
S00 tons gray forge
165 tons lnotlled and white
100 tons gray lorge
25 tons loundry
COKE FROM NATIVE ORE.
500 tons gray forge
0 tons grav forge
Iffl tmic srlilte .....
.$25 09 cash
. 22 25 4 mos
. 21 25 4 lnos
. 21 SO 4 lnos
. 22 U0 4 mos
. 24 00 4 mos
, 20 SO cash
. 21 SO 4 mos
. 20 50 4 moi
CO tons fray forge a SO 4 mos
23 SO 4 mos
. 25 00 6 mos
. 21 SO 5 mns
. a 00 cash
. 36 50
. 36 SO
cali
cull
AIL AEE AT SEA.
None Care to Venture a Prediction on the
Philadelphia Markers Future.
fSrECIAL TELEGRAM TO TIIE DISPATCH.
Philadelphia, July 17. Those who early in
the season predicted that the iron market
would become excessively dull before activ
ity was resumed can congratulate them
selves upon their prophetic powers. We are
now, passing through that period, but its
duration is Just now the puzzling point. No
one cares to venture au opinion as to the im
mediate future of the maiket, but if appear
ances count for aught, the outlook is far
from encouraging; indeed, it may be said to
bo discouraging. The pig iron market con
tinues dull and far from satisfactory. The
inquiry for future deliveries has lallcn off to
a very marked extent, and, while prices are
nominally unchanged, there is a perceptible
weakness in certain directions. The follow
ing prices are quoted, principally for smnll
lots, as large orders refuse to be placed only
at a concession of from 25c to 60c; Standard
Pennsylvania Xo. 1 X. $17 7518 00; do Xo. 2
X. $16 50: medium Pennsylvania Xo. 1 X,
$17 2517 50: do Xo. 2 X, $16 0010 25. Busi
ness in structural material is also dull, only
small order, being placed. We quote:
Angles, 2.052.10c: sheared plates. 2.00g2.10e,
lOgilScmore for steel; tees, 2.52.6c, beams
and channels, 3.1c for eitheriron or steel.
Steel rails still hold steady at the old
price, $30, but there is very little in sight be
yond September. The market for steel bil
lets is in much the same condition as re
ported a week ago. At the figures quoted,
$27 502S 00, buyers seem totally indifferent,
and no recent sales have been announced.
A small lot of muck bars was taken at $27 25
dolivcred. It was probably an Imperative
order, however, as buyers are as disinclined
to pay that price as sellers are to go below it.
There is a better demand for bar Iron, but
not sufficient to designate tho market as ac
tive. MPBOVEMENT AT ST. LOTOS.
AU Indications There Sow Seem to Point to
a Larger Volume of Business.
rSPXCIAL TELEGRAM TO TOE DISPATCH 1
St. Louis, July 17. Rogers, Brown and
Mcacham say: There has been somo im
provement in inquiries for pig iron during
the past week. One of the large car works
in this territory bought several round lots
of car wheel and coke iron. General foundry
trade is improving, and indications point to
a larger volume of business. Stove works
arc most all running full and report good
prospect for fall business. We quote for
cash f. o. b. St. Louis:
Hot blast coke and charcoal:
Southern coke, Xo. 1
Southern coke. No. 2
Southern coke, Xo. 3
...$15 50313 75
... 14 50(JH 75
... 13 75(Sl4 00
... 13 25l3 SO
... 17 2.V&17 75
Southern ffrav forre.
Southern charcoal. No. 1
southern charcoal. No 2 16 7.VS17 25
Missouri charcoal. No. 1 15 SaSlG 00
Missouri charcoal, Xo. 2 15 00315 50
Ohio softeners 18 0019 00
Car-wheel and malleable Irons:
Lake Superior $19 50S20 00
Southern 19 613.20 00
oonnellsTillc foundry coket
St. Louis S 05
THE CHICAGO OUTLOOK.
For the Balance of the Tear It Is Considered
of a Healthy Nature.
rSPECIAL TELEGRAM TO THE DISPATCn.
Chicago, July 17. Rogers, Brown and
Merwin say: The usual midsummer quiet
characterizes the Chicago market. Carload
orders are numerous, but few contracts of
any size are being made. Prices on Xorthem
and Southern iron, both coke and charcoal,
remain unchanged It Is now conceded that
the low-priced skiers of Lake Superior.chnr
coal, have nearly, If not quite all, withdrew.
The outlook for the remainder of the year
is generally healthy; the largo croos, which
are now nearly assured, are certain to result
in giving a general impetus to business,
starting first with the railroad lines, and
then extending to all branches. Buying on
the part of railroads, however, has not yet
begun, and when these companies come into
the market it is certain that work in many
lines will be crowded far beyond their ca
pacity, DULL DOWN IK DIXIE.
Iron Selling Lower Than Ever Before at the
Alabama Furnaces.
SPECIAL TELEGRAM TO TILE DISPATCrf.3
Birmingham, Ala, July 17. The iron mar
ket remains without change. Furnaces are
making considerable concessions to get rid
of their product, and iron is selling at the
lowest price which has ever prevailed In the
dlstriot. The quotations t. o. b. at the fur
nace are: Xo. 1 foundry, $12 2512 75; Xo. 2
foundry, $11 5012 25: Xo. 3 foundry, $10 50
11 50; gray forge, $9 2511 10.
There is a general effort all over the State
to resume operations in the car works, roll
ing mills and other iron-consuming indus
tries that have been idle for months. The
encouraging feature of the situation Is the
confidence inspired bv the continued Must
of more furnaces than were ever before in
blast in the State at one time. Conserva
tive men do not expect anv change for the
better or worse before fall.
Metal Markets,
New York, July 17. Pig iron unchanged.
Copper hoavy Lake, July, $12 60. Lead dull;
domestic, $145. Tin quiet and easy; straights,
$20 40.
RAPID TKAXSIT Electric railroads in
tunnels is the rapid transit of the future.
See THE DISPATCH to-morrow.
THE 8UHDAY DINNER.
Garden Products at Their Best, and Prices
Tending Lower.
Market basket filling is practically the
same in prico as it was a week ago. The
w eok has been characterized by an exhuber
ance of garden stuff. It is a rare season
when fruits are offered in such quantities
and with prices as low as they are at tho
present time. Watermelons have been ar
riving in such quantities of late that mar
ket have been steadily seeking a lower
level, and shippers are mourning over their
losses. The numberof melons received here
in the week past would require not less
than ten first-class locomotives to bring
them to the market, and when it is consid
ered that Georgia is now our chief source of
supply, it is evident that a large amount of
caloric has been consumed in oringing this
fruit to our tables.
In fruit lines we note the name of rasp
berries and large receipts of blackberries
the past few days. The housewife who
failed to lay up raspberry jam a week ago
has missed her opportunity for this season.
Dairy products, poultry and vegetables are
the same in price as they were a week ago.
At the fish stalls a quiet week's trade is re
ported, as is to be expected at this time of
the your. Frogs are in short supply and
firm. Florists report the usual midsummer
dullness, with prices unchanged.
Following are latest retail prices of mar
ket basket filling:
MEATSBedt cutu of tenderloin steaks, 25c per
R.; sirloin. 1820c; standing rib roast. 181320c;
chuck roasts, 12c; corned beef, 810c per lb. : spring
lamb. 25c; leg of mutton, 12sc for hind quarter and
oc lor lore quarter: loin 01 luuxton. l.ic;iainDcliops.
jjci stewing pieces, oc per id.; veal roasts, 1:
IScnerlb.. and cutlets. 20c. Porkchons. i2Keaiv
ami
steaks loe, an advance of 2c per lb. on rates which
uaTtj prevaneu ior some mourns past.
Vegetables AXD FRC1T New home-grown
cabbage, loffll;; potatoes, 20c per halt peck;
Bermuda onions, 15c a quart; jellow bean, 20c;
wax 1 icans. 25c a quarter peck; squash, Sffilocaplece;
bananas. 20oC5c a dozen; carrots, 5c a bunch; toma
toes, 10c a quart: home-grown peas, 20e ier half
peck: lemons, 30r40c per dozen; oranges. 25i0c- let
tuce. Scjier hunch; beets, 10c a bum h; raaishes.Sc a
bun ch:cucumbcrs,5c apiece ;eherries,10i2ca quart
green gooseberries and currants, loc a quart egg
plants, 15Q20C; new home-grown celery, 10c a
bunch, 3 for 25c; raspberries, lSjslSc a box: water
melons, 15F330C apiece: cantaloupes, 3Q10c apiece
home-grown cauliflower. 10315c apiece; blackber
ries, 1012c a box: huckleberries, 15c a quart ap
ples. 20c a half peck: hlackl-erries. 10 to lie a box.
ButterandKggs Ciood creamery, 30e per lb
fancy brands, Sc; choice country rolls. 15c good
cooking butter. 12c; tresh eggs, 20c per dozen.
Pol'ltrv Dressed chickens, 12 to 13c per lb
ducks. 13c to 15c cr lb: turkevs, 16c.
Fish Following arc the articles In this line on
the stalls, with prices: Lake salmon, 10 to 15c Cal
lfornia salmon, 35 toJOcperpound; white fl-.fi I2s
fn 1k linrrtni, A vu...,..!.. ... ". .....! ,. . .
... .-, ....., -, iw.iuuj ...I .,v, iuiiisii mackerel.
20c per pound ;lilueflsh, 15c; halibut, 20c; rock bass
25c; lake trout, 12c: lobsters, 20c: green sea turtle'
20to25c. Ojstcrs: New York counts !1 75pcrgal
lon;suiclts, 20c a ound: shad, $1 ootoSl 25 each
scallops, 20c a pound. Mackinaw trout, 12sc ncr
pound; sott shell crabs, $1 00 to $1 25 a dozen-lrors
2 00 a dozen. " '
FLOWERS-La France $ 1 25 per dozen; Mermets.
81 2 per dozen; Brides, 1 25 per dozen; jello-rami
white roses, $1 00 per dozen: Bennetts fi 00 ncr
dozen: carnations, jr.cper dozen; Duchess of Al
Vj"' -l11" "-""P heliotrope, 50c per dozen:
Jlarrisil, 25c each: hostes, 1 2 a dozen; panslcs.
iK-; water lilies, S-c a dozen; sweet peas. 10c a
dozen; benator oottcn roses, i 25 a dozen.
Price of Bar SUcr.
SPECIAL TELEGRAM TO TIIE DISPATCH.
Sew York, July 17. Bar silver in London.
46id per ounce; Xew York dealers' price
lor silver, $1 OIJi per ounce.
23 tons foundry
ANTHRACITE.
(500 tons gray forge
500 tons grav forge, neutral.. ..
200 tons gray forge
CHARCOAL.
CO tons cold blast
13 tons cold blast
THE TEEM) OF TRADE.
Xo Bad Features hut Business Mov
ing on a Midsummer Basis.
THINGS IN GOOD SHAPE FOR A TURN,
Which Is Sure to Come When Foreign Gold
Comes Over for Breadstuffs.
OFFICE AND STREET M!WS AND GOSSIP
Thirty large lots, Just above Sharpsburg,
changed ownership yesterday, the consider
ation being $6,250. The purchaser, a business
man, will begin improvements at once.
James W. Drape & Co. were the agents em
ployed. Prospect of quick locomotion is
bringing that locality into considerable
prominence.
Papers have been executed confirming the
sale by .Tonkin Jones, as trustee, to James
Evans, of a block on Mary street. Twenty
sixth ward, for $30,000. This is the glass
factory referred to in this column some
days ago.
Absorbing the Snburbs.
Pittburg is pushing into the outskirts with
such rapid strides that there is not much
dangor of gotting beyond the reach of busl
noss or work, since both follow closely upon
the advance of population. Thogrowthofthe
East Liberty district is a good illustration of
this ruralizing tendency. In tho last few
years hundreds of acres have been plotted,
soiu ana covered witn nanasome nouses.
The impulse Is still forward, and it will not
bo long before the boroughs of Brushton,
Wilklnsburg and Edgewood will be things of
the past. In other directions the encroach
ments of the city are not so pronounced, but
now that rapid transit has set tho ball roll
ing ueveiopment win De accelerated.
Loans on Leaseholds.
While the practice of loaning money on.
leaseholds is quite common in Eastern cities,
it is difficult to secure such a loun in Pitts
burg except from the owner of the land. Xo
satisfactory explanation of this state of af
fairs is given. When property has reached
such a point that long term leaseholds are
considered valuable holdings it Is somewhat
strange that loans are not readily advanced
upon them. A loan on a leasehold is usually
a building loan and, of course, is based on a
second mortgage as security. These circum
stance and conditions have caused investors
to bo reluctant in placing loans on lease
holds. A safe loan may be made on a build
ing on leased ground, but there seems to be
a prejudice against it. The fact that in many
cases leaseholds have no actual present
value may have some effect on money
lenders. The Boom at Blaine.
Thursday was a great day at Blaine, the
occasion being the opening sale of lots by
Charles Somcrs & Co. Steamboats and trains
arrived loaded, and there was a large turn
out from tho country. The crowd was esti
mated at 6,000 to 8,000. Upwards of 150 lots
were sold at tho average price of about $100.
Sales aggregated between $60,000 and $70,000.
The corner stone of the American Vault,
Safe and Lock Manufacturing Company was
laid with appropriate ceremonies.
Business Xews and Gossip.
Building operations have been resumed
witX such vigor as to warrant the belief that
most of the lost ground will be recovered be
fore cold weather.
The directors of the Baltimore and Ohio
have practically decided to issue a stock
dividend out of the surplus earnings for the
fiscal year ending September SO.
The annual meeting of the stockholders of
the Xorthern Liberties Bridge Company will
bo held August 11.
The Citizens Insurance Company has de
clared a dividend of $1 per share.
The Watch Trust has gone to pieces. The
Illinois anti-trust law knocked It out.
The fire losses of the United States for the
month of Juno are estimated at $S,587,625.
Stockholders of the Lake Street Elevated
Railroad of Chicago have voted to increase
the capital stock from $3,000,000 to $5,000,000.
The directors of the Pennsylvania Water
Company have declared the regular semi
annual dividend of 3 per cent on it preferred
stock for tho six months ending July L
The bond market is looking up, and ex
perts say it is now easier to sell first-class
bonds than to buy them.
A farm of 60 acres in Pine township is
about changing ownership at $70 an acre.
Ten years ago it sold at $50.
The 2 per cent Just declared by the direc
tors of the Huntington and Broad Top Rail
road Is tho first dividend ever paid the com
mon shareholders, although the road was
opened 35 years ago.
For Electric Scrip 7 was bid yesterday,
offered at 80.
There were 50 mortgages on the Recorder's
file yesterday, involving $57,3S1 The largest
was for $4,000. Twenty-two were for
purchaso money. The small number of
forced sales shows that mortgages are being
let off satisfactorily.
Tho Trow Directory, Printing and Book
binding Company offers a portion of Its
securities, $750,000 of 8 per cent preferred
and $250,000 of common stock, for public sub
scription. It has no bonded debt, and its
assets consist of real ostate and tangible
property in the city of Xew York.
London advices are to the effect that the
British hop crop will bo large ana that
? Towers expect good prices owing to the un
avorable prospects for the American crop.
Owing to the lack of rain the distress m
India is increasing. Tho Russian Govern
ment has been petitioned for grain to relieve
111c U1911TS U.UU lUllllllt.
One ot the largest stock houses In Chicago
claims to be getting call money in that city
at 1 per cent.
The Building Kocord.
Permits for the erection of the following
buildings were issued yesterday:
Richard R. Baum, brick two-story and at
tic dwelling, 30x140 feet, on Rebecca street,
Twentieth ward. Cost, $6,000.
George R. Baum, brick two-story and attic
dwelling, 30x10 feet, on Center avenue,
Twentieth ward. Cost, $6,000.
Jndge S. Klinefelter, brick two-story and
attic dwelling, 31x35 feet, Rebecca street,
Twentieth ward. Cost, $5,000.
George Schenkel, frame two-storv dwell
ing, 20x32 feet, on Orphan stredt. Twenty
first ward. Cost, $1,000.
John D. Banks, frame two-story dwelling,
16x32 feet, on Gladstone street, Twenty-third
wu.ru. isusi, ?i,w.
Samuel Jones, addition basement to dwell
ing, 11x18 feet, on Mohawk street. Four
teenth ward. Cost, $100.
Movements In Realty.
S. A, Dickie & Co. sold for Mawhtnney &
Dick to H. L. Benner a piece of ground on
tho corner of Broad and Euclid streets. East
End, 95x93 feet, for $5,500.
George Schmidt sold six lots having a
frontage of 120 feet on Miama avenue and
extending back 100 feet to an nlloy, and be
ing Xos. 62, 63, 61, 65, 66 and 67 in his Eureka
Place plan, Oakland, to Henry Kroiling for
$3,500.
James W. Drape & Co. sold a property on
Liberty avenue, near Mary street, tor $3,300.
John K. Ewlng & Co. sold for Mrs. E. Knll-
bach, to Daniel Thomas, a four-roomed stone
house, with one acre of ground, in West Lib
erty borough, for a prico approximating
$1000.
Black & Baird sold to Paul Frenzel lot Xo.
1 in Kenllworth plan, on Herron Hill, for
$511,50 cash.
Reed B. Coyle & Co. sold to D. J. O'Brien
lot Xo. 210, in the Marion Place addition, 25x
136 feot on Parnell street, for $350.
HOME SECURITIES.
AN APATHETIC FEELTXG THAT
EASILY ACCOUNTED FOR.
IS
Brokers and Investors Taking Things Easy
Midsummer Dullness Chicago the
Only Active Market A Good Prospect
Ahead--Prico Changes Few and Unim
portant. Midsummer dullness has settled down
upon the local stock market. Buyers and
sellers are alike indifferent whether "school
keeps" or not. Sales yesterday were only
79 shares. Chicago was the only market that
did anything.
The foil to this apathy this dolce far
niente spirit that pervades speculative cir
clesis the certainty of better times in tho
fall when famlno-threatonod Europe sends
back all tho gold drawn from this side to
pay for breadstuffs.
But there Is nothing surprising in tho con
dition of tho market. It is not the result of
apprehension of impending calamity,
scarcity of money, nor of lack of enterprise.
It is always tho case at this season of the
year. Xincty degrees in the shade and a
bulge in busiucss at the same time aro in
compatible, j
Besides, many of the people who make the
market'nre either out of the city, or soon
will be. One of the leading brokers, who will
shortly leave for a two months' trip to
Europe, has instructed his office force to do
as little as possible during his absence
merely to fill orders as they come in. 11ns
illustrates the prevailing sentiment.
Yesterday's proceedings on call were feat
ureless as well as narrow. Price changes
were hardly worth noting. Bank and inst
ance stocks received no attention. "e
natural gas group maintained its position.
There was a moderate demand for the trac
tions, and Central added a fraction to its
credit. The others were steady. Electric
closed U better than the opening. Airbrake
dropped a point at the last cnll. Luster was
firm. It was the only active stock. Sales
were:
First call 11 Luster at 13.
Second call-10 Luster at 13, 25 Pleasant
Valley at 23.
Third call 3 Luster at IS.
Bids and asking prices at each call are appended:
FIRST SECOND THIRD
EXCHANGE CALL CALL CALL
STOCK. B A B A B A
F. T. A T. Co... .... 170
SafeDeposltCo Wi .... 04
Boatman's Ins... 31
Xatlonal Ins CO
Ch't's V. Gas Co .... M ., :,,::,.
PhlladelphtaCo.. 11H HH 11M HH K 11?
'Wheeling Gas Co .... 21 .... 21 ........
Central Traction. 16 13 16H 18 16?S 13
Citizens' Tract'n .... 65
l'lttsby Tract'n . j
Pleasant Valley.. 23 1Xi 23 23Vj 23 ....
Second Aenue 55 w
N. Y.AC'.G.CCo .... S3
Ewalt Bridge 00
Hand St. Bridge. 43i
Xorthslde Bridge 52
La Xoria Min. Co 30 60 Si .... 25 .
Luster Mln. Co.. 1? 13 U4 13 ........
'Westlnglionsc E. lift IVi H?4 1 1-Jf
II. S.-. Co 3 9
West. A. B. Co.. 95 90 95 96 94?
8. U. Cable Co "
AtVntrVnp't VAfltfirrtflvthft total Sales Of
stocks were 76,710 shares, including Atchi
son, 11,670; Louisville and Nashville, 1,100;
Chicago Gas, 3,000; St. Paul, 22,920.
WEARY OF WAITING.
WALL STREET BULLS ARE BEGINNING
TO GET ANXIOUS.
The Stock Exchange Duller Than for a
Long Time Fresh Exports of Gold
Somewhat Enlivens Matters, but Unfa
vorablyOnly Two Moderate Features.
New York, July 17. Tho stagnation in the
stock market continues to increase, and
those interested in the present and prospec
tive values of securities are beginning to ask
anxiously how long it will last. The sit
uation contains only this one discouraging
condition, for, while holders and would-be
buyers are confident of Improvement in
both activity and range of prices in the
future, the possibility of becoming tired out
waiting for the advance, deters buyers and
renuers uoiaors uneasy, xne waning is
now caused principally by the uncertainty
as to whether the gold sent abroad will re
turn or not, and the still undetermined
extent of the crops, although that both
wheat and corn will be large no one doubts.
Tho dullness in the market to-day was
greater than on any day so far. The com
parative activity iu St. Paul, and the weak
ness doveloped in North American, were tho
only features of any kind shown during the
entire day. The opening was fairly steady,
but intensely dull, and a heavy tone was
soon doveloped: but the downward tendency
in prices was not of long duration, absolute
stagnation soon settling down on e very thing
in the market. The changes in the mean
time were insignificant in "all cases, and it
was not until after noon that the pressure
upon North American was brouaht to bear,
and it was not till toward 2 r. M., after the
taking of $300,000 in gold for export-was an
nounced, that the best work of the bears
was done.
The announcement was the signal for a
vigorous attack all along the line, but the
foice was felt most severely in Missouri
Pacific, which dropped 1 per cent. All the
leading shares lost large tractions, though
the pressure was maintained for n short
time only. Tho late trading showed a lack
of reouperative power in. the market, and
the close was heavy, practically at the low
est prices of the day. The drive was accom
panied by a marked lucrense in activity
among tho stocks attacked. Missouri Pacific
to-night is down li per cent, and North
American 1 per cent, while all the rest of the
list shows fractional losses, large and small.
The dullness In railroad bonds was, to a
certain extent, relieved to-day by a spurt in
the Northern Pacific fives, which con
tributed $207,000 to the day's total of $672,000,
tho only other active Issue being Atchison
incomes, in which $97,000 changed hands.
The tone of the market was not pronounced,
and the final changes are, as usual, insignifi
cant, even in the issues named.
The following table shows the prices of active
stocks on the Sew York Stock Exchange yester
day. Corrected dally for THE DisrATCilby Wmit
hby & Stephenson, oldest l'lttsbnrg members of
the Xew York Stock Exchange, 57 Fourth avenue:
ts3
H
American Cotton Oil
21
22
215s 1
2IK
American Cotton Oil pfd.. I
40
82
' 83
32H
82,-j
48)4
ma
3014
I6J4
46
27
4!J
85
64
HUf
721,
?
80
mi
132
32Jf-
24
134
U
43
5sj
OT).,
13
57
100s
73 )
37 H
66V
SIX
93
17X
100
12
65
25
Am. bugar Kenning uo....
Am.S. Refining Co.. pfd..
Atch.. T. AS. F
Canadian Pacific
Canada Southern
Central of New Jersey
Central Pacific
Chesapeake and Ohio
C. AO., lstpref
C. A O., 2d pref.
Chicago Gas Trust
C, Bur, AQuincy
C, Mil, ASt. Paul
C, Mil. A St. Paul, pref, ..
C, St. P., M. AO
C. St. P.. SI. A O., pref..
C, Bock I. AP
C. A Northwestern
C. A Northwestern, pref...
Col. Coal A Iron
Col. A Hocking Val
Del., Lack. A West
Den. A Rio Grande
Den. & Rio Grande, pref..
E. T.. Va. AGa
Illinois Central
Lake Erie A Western
Lake Erie A Western pfd..
Lake Shore AM. S
LoulsvlUeA NasliTllIe
Mobile A Ohio
33J
824.
33'4l MS
82,
48K
82)4
434
48
112
112
112
49
49
86
64K
11H4
73J4
49
80 -a
64K
111k
85
HIM
72JS
73M
104
isi
104H
104M
134
ii!4
44sj
94
1SK
iod
37H,
94'
13)
9.1
ivi
109Ji
73J
37)4
67
88M
10B
.34
30
Missouri Paciflo
Xatlonal Cordage Co
Nat. Cordage Co., pfd
National Lead Trust
New York Central
N. Y..C. ASt.L
N. Y., C. ASt. L,, 1st pfd.
N. Y., C A St. L., 2d prd.
N. Y., L. E. A W
X. Y. AN. E
tn
66S
83
'
17
'il!
17.
lalf
S
15
13
48
133
22 If
64 H
26
34!i
16
23M
14
ISO
13K
60)4
31
95
13
43
10
22)i
7H
31
73i
331,
33
33)4
N.Y., O. &W
Xorfolk A Western
Xorfolk A Western, pfd...
Xorth American Co
Xorthern Pacific,
Northern Pacific, pref,....
Oregon Improvement
Pacific Mail
Peo., Dec. A Evans
Philadelphia A Reading...
P.. C. C. A St. L
Pullman Palace Car
Richmond AW. P. T
Richmond A W. P. T.. pre
St. Paul A Duluth
bt. Paul A Duluth, pfd....
Toas Pacific
Union Pacific
43V
4SV1
48H
13
15
15
65
4
23?
28.4s
28i
13H
13X
13K
ISH
13
43S
M
H abash
Wabash, pref.
Western Union
Wheeling A L. E
Wheeling A L. E., pref..
22JS
22
22J
32i
74M
MS
73-il
741.
FAITH UNSHAKEN
In a Heavy Fall Trade Bringing Money Into
Active Demand.
Bankers spoken to yesterday said there
was no change in the local money market.
The call for accommodations was liberal,
and rates were steady at E6 per cent. Ex
changes were $2,719,814 34, and balances $570,
530 53 both items showing improvement
over the previous day, being about tho best
of the month and considerably in excess of
the same day last year. Faith is unshaken
in a heavy fall business.
All tho leading financial authorities
abroad, says the Wall Street JVetro, agree
that gold to a more or less extent will have
to be exported to this country early in tho
fall, and with unusual frankness they admit
that they have paid a high percentage for
the use of goldT during the summer with
which to recuperate their own resources. A
new crop of wheat has begun to move with
unusual force; It will swell our exports very
soon. Our imports of foreign goods have be
gun to dwindle, and bills of exchange on ac
count of American travelers in Europe have
been fully protected.
At Now ork yesterday money on call was
easy, ranging from 2 per cent, last loan
2 per cent, closed offered at 2 per cent.
Primo mercantile paper, 5J7. Sterling ex
change quiet and heavy at $1 Ciji for 60-day
bills and$l 86 for demand.
Closing Bond Quotations.
U. S. 4s reg mm
N. J. C. Int. Cert...l03
Xorthern Pac Isls...ll5
do do 2uds...H2
Northw'st'n Cons'lsl35
do DebenturesSslOl
Oregon A Trans 6s...
St. L. A Iron M. tien
5s... 89
St. L. A San Fran
Gen. M 102
St. Paul Consols 121
uv -mo buuu ili(74
do 4sjs reg 10O,S
do 4)4 coup 100
Pacific 6s of '95 110
Louisiana stamped 4s 85
Missouri 6s
Tenn. new set, 6s. ...101
do do 5s.... Wi
do do 3s.... 67?.,
Canada So. 2nds 97);
Cen. Pacific lsts.... 10
Den. AR. G. Ists... 115
do do 4s ?J
D. A R. G. West 1st.
Eiie2nds , 97
M.. K. AT, Gen. Is. 764
do do 2s, 39
Mutual Union 0.... 101,'s
it. Paul, Chic. A Pac
lsts ..
.HDa
rex. Pac. Is
Tex. Pac. 2s
Union Pac. lsts..
il'cst Shore
.t. G, W. lsts....
,. 31
.106V
.100)5
.. 74;,
Bank Clearings.
New York Clearings, $88,161,999; balances,
$4(539,171. , ,
Bostox Clearings. $11,738,123; balances,
$1,657,071 Monev, 21 per cent. Exchange
on Now York, 1718c discount.
1'HiLADELrniA Clearings, $10,537,410; bal
ances, $1,623,378. Monoy, 4 per cent.
Baltimore Clearings, $2,873,197; balances,
$002,223.- Monoy, 6 per cent.
St. Louis Clearings. $3,671,032; balances,
$159,200. Money 78 per cent. Exchange on
Xew York, 25c premium.
Memphis Xew York exchange selling at $1
premium. Clearings, $190,977; balances,
$50,101.
Xew Obleanb Clearings $955,012. New
York sight bank par: commercial 75c per
$1,000 discount.
Chicaoo Xew York exchange par to 12c
premium. Monev steady and unchanged.
Clearings, $11,357,000.
Boston Stocks.
Ateh. 4Top MJf
Boston & Albany.... 201
Boston A Maine 167
Chi., Bur. A Qulncy 86
Eastern I. K. 6s 121
KltchhurgR. i 76
Mass. Central 17
Mcx. Cen. com lK
X. Y. A X. England 33
Old Colony...... 161
Rutland prer. 65
AVls. Cen com 18
AlloueiM. Co. (new) 2W
Atlantic 16
Boston A Mont 45tf
Calumet A Hccla.... 257
Franklin...
Huron
Kearsarire.
... 1SH
... Da
... 12
... 37
...107
Osceola....
sjulnqy
Santa Fe Co
Conner.... 45
Tamarack 154
Annlslon i.ana jo.. i
San Diego Land Co.. 18
West F.nd Land Co.. 1M
Bell Telephone 183
I.amson Store S 13
Water Power 2.'a
Cen. Jllnlng 14H
Butte A Boston Cop. 15
Philadelphia Stocks.
Closing qnotitlons or Philadelphia stooks, fur
nished by Whitney A Stephenson, brokers. No. 57
Fourth avenue, members Xew York Stock Ex
change.
Pennsylvania Railroad
Beading
Buffalo, Xew York AM 11a,.
Lehigh Valley
Xorthern Pacific
Xorthern Pacific, preferred.,
Lehigh Navigation
Bid.
... BOH
... 14 3-16
... 0
... 47
... 23V
.. 64J
... 46
Asked,
50i
U'A
7
47;a
65"
Electric Stocks.
Boston, July 17. Eleotric stock quotations here
to day were:
Bid. Asked.
Easlern Electric Cable Co. pfd 50 75
Thomson-Houston Electric Co 39 62K 30 87M
Thomson-Houston Electric Co. pfd.. 21 60 25 00
Ft. Wayne Electric Co 1150 12 75
Westlnghouse Trust Receipts 12 00 13 00
Electric Welding Co 5000
Mining Stock Quotations.
New York, July 17. Alice. 160: Adams Con
solidated, ISO; Aspen, 200; Deadwood, 100;
Homcstake, 1100: Horn Sliver, 330: Mexican,
160: Plymouth, 175; Ontario, 3300; Union Con
solidated, 150; Yellow Jacket, 135.
WATERMELONS A DRUG.
SOUTHERN SHIPPERS OF THE FRUIT
ARE PLAYING A LOSING GAME.
Dalry Products Fly Upward The Cereal
Situation Is' Still on the Sldo of the
Purchaser Sugar Is Strong and Coffee
Steady.
Office of PnTSBirRO Dispatch, )
Friday, July 17. (
Country Produce (Jobbing Prices) Farm
and gnrden produots of the season were in
bountiful supply to-day, and demand was
fairly good. Produce commission men re
port a good Friday's trade. Watermelons
and peaches are a drug, the latter because
of poor quality of offerings. Large quanti
ties of peaches wore sold at what they would
bring because of overripeness and low qual
ity. Watermelons from the South have come
to this port in tho past week to the extent of
not less than 200 carloads, and the shipper
who succeeds in gotting enough from his
melons to pay freight bills will be better off
than the majority. Home-raised garden
stuff is now taking the precedence of South
ern products, and the latter goes begging
for customers. Raspberries aro near thoir
end for this season, and supply is scarcely
up to demand. Blackberries are In good
supply, and demand is good for good stock.
Tropical fruits aro slow for tho reason that
home-raised fruits are so plentiful. Bananas
are particularly dull. Dairy products of
hieh grade are gaining day by day, and it is
only a question of short time when cheese
must go up higher. Said n leading jobber:
"I would have been glad to accept orders
lor cheese at prices which I would not think
of accepting to-day. Shippers of Xew York
cheese demand ic per pound more than
asked a week ago."
Apples 75c a bushel, $2 002 50 a barrel.
Bctter Creamery, Elgin, 2021c; Ohio brands,
1819c; common country butter, 12c; choice coun
trv rolls. 15c.
Beans XaTy, $2 S02 35; marrow, $2 S02 60;
Lima beahs, fts6c.
BtRBIcs Cherries, $1 801 75 a bushel; goose
berries, 7(&3c a quart; raspberries, 10llc a box;
red raspberries. ll12c a box: huckleberries, 10
llc:urrants, SwlOc; blackberries, 89c-.
Beeswax 30S2c lb for choice; low grade, 22
25c.
Cider Sand refined, $9 5010 00; common, $5 50
6 00: crab cider, $12 0ol3 001 barrel; cider vine
gar, 1415c per gallon.
Cheese Ohio cheese, new, 7K7)c; Xew York
cheese, new. 984c: LI in burger, 99$c; new Wis
consin Sweitzer, full cream, 14c; old, 16 17c; im
ported Sweitzer, 27X2sc.
Eggs lsS(SU9c for strictlr fresh nearbr stock:
Southern annWestern eggs, 17Kffll8c.
Feathers Extra live geese. 5738c;No. 1, 18
50c t lb : ml xCd lots, 3340c ft).
Honev New crop white clover, 1820c; Cali
fornia honey, lia)15c V, lb.
Maple Syrup 7590c gallon.
Melons Cantaloupes, $2 503 00 a crate; water
melons, 15 00(320 00 a hundred.
Peaches $1 00 a basket, $1 50 a box; wild
plums, $1 0 per box
Maple sugar-10, c 1
Poultry Alive Chickens, 7075c a pair; spring
chickens. SOtacOc a Dair. Live turkevs. 8c Vi lb.
Dressed Turkeys. 16c ? Jb; ducks. 12rffiI3c lb;
chickens, 1USU3C ) lb; spring chickens, 1516c lb.
Tallow Country, 4c; city rendered, 5c.
Tropical Fruits Lemons, 84 5oa4 75; fancy,
$500550; Messina oranges, f450500 a box;
Jamaica oranges, $8 009 00 per Darrel; Rod!
oranges, $5 00ffi 50; California oranges, $4 00 1 50
a box; apricots, $1 60 a box. California peaches,
fl50175 a box: California plums, 200225a box;
bananas, t20022i firsts, $175 good seconds $
bunch; sugar-loaf pineapples, $15 00O20 00 t 100.
Vegetables Cabbage. $1 25S1 50 large crate;
beets, 2535c a dozen ; bouthern onions, 84 254 50 per
dozen; bouthern potatoes, $275300 per barrel;
tomatoes. $2 502 75 for bushel box: lettuce, 50c a
dozen; radishes, 1520c a dozen; encumbers, 75c
w a crate; greeu uniuus, lotgtajc a uozen; peas,
c i w ner nau-u
100 per half-barrel basket; wax beans, $12.V5)l 50:
irrcen beans.
luoto'ii&a dox; ccicry, zxgsttc per
nts. l 001 25 a dozen.
dozen; egg plants,
Groceries.
Tho advance of l-16c on sugars at the re
finers noted In this column yesterday is
fully sustained. Soft whites are scarce and
very firm. Piospects are for higher prices.
Spot coffee is firm, but the now crop begins
to come in freely, and no permanent bull
movement is possible.
Green Coffee Fancy, 24i!525c: choice Bio, 22K
Sl.sic; prime Klq, 22c; low grade Rio, 20)421Hc;
Old Government Java, 29J0c: Maracalbo, io27c:
Mocha. 2931c; Santos. 2l.H25jc; Caracas, 24X
26jc; La tJuayra, 25;&23c.
auABTfu tin oaners) pianuaru Dranas, -Die;
Rio. 23c: ordinary. 2uma2lkc.
bPICES (whole) Cloves, li16c; allspice, 10o; cas
sia. 8c; pepper, 12c; nutmeg, 7580c.
Petroleum (Jobbers' prices) 110 test. 6'(c:
Ohio, 120. 7)fc; headlight, 150, 7'ic; water white,
99Kc; globe, 14(314!c, elaine, 15c; carnadlne, lie;
royaliue, 14c; red oil, 10)illc purity, lie; oleine,
14c.
Miners' Oil No. 1 water strained, 4244c per
gallon; summer, 3537c; lard oil, 5558c.
Syrup Corn syrup, 2332c: choice sugar syrnp,
S7($:tsic; prime sugar syrup, 3435c; strictly prime,
S5M37C.
N. o. Molasses Fancy, new crop, 45c; choice,
4243c; medium, 3840c: mixed, 35.13c.
bou v Bi-carh., in kegs. 3'ii(a3.c: bi-carb., in
Hs. 5c; bi-carb., assorted packages, 5X60:sal
soda, in kegs, l&c; do granulated, 2c.
Candles Star, full weight, 9c;stearine, per set,
8.V.C, paraffluc, ll12c.
Rice Head Carolina. 7M7,c; choice, 6K8Jc:
prime. 65,'c; Louisiana, 5j)tic.
STARcii-i-earl, 4c; corn starch, 66)c; gloss
starch, 07c.
Foreign Fruits Layer raisins. $2 25: London
layers. 82 50; Muscatels, $1 75; California Muscatels,
$1 60(51 75; Valencia. 55Wc; Ondara Valencia,
t)47c; sultana, 1015c -'currants. 5X5)ac; Turkey
prunes, 7XSc; French prunes, 910)Sc; Salonlca
prunes, in 2-ib packages, 9c: cocoanuts, t 100. -8;
almonds, Lan., H lb, 21c; dolvlca, 17c; do shelled,
40c: walnuts, nap., 13Hc; Mcily filberts, 12c;
Smyrna-Oars. iar3ii4e new dates. 5(6c: Brazil nuts.
10c: pecans, I4(5)16c; citron, 9 lb, 1718c; lemon
peel, 12c lb; orange peel, 12c.
Dried Fruits Apples, sliced, ? lb, lie: apples,
evaporated, 1314c: peaches, evaporated, pared,
20(rWlc: peaches, California, evaporated, unuarea,
1381c; cherries, pitted, 25c; cherries, unpltted. 8c;
raspberries, evaporated, 231824c: blackberries, 6,sj
7c;hucklcberries, 8c. -
Sugars Cubes, 4't.c; iniwdered, 5c: granulated'
4'c; confectioners' A, 4c; soft white. 4)(a4'4c;
yellow, choice. SKffiHc; yellow, good, Jk&hv. yel
low, fair, 33c.
Pickles Medium, bbls (1,200), $0 00; medium,
half bbls fnoni. t -r.v
3ali o. 1. oni. 51 00: Ao. 1 exira, iiui,
2nds, $2 102 25; extra peaches, $2 602 70; pie
peaches. 31 50l GO; finest corn, $1 275il 50; Hid.
Co. corn, $1 owgl 15; redcherries. ?1 201 30; Lima
beans, fl 35; soaked do, 80c; string do, 70SOc;
marrowfat peas, Jl 101 25; soaked peas, 6575c;
pineapples. $1 501 60; Bahama do, $2 55: damson
plums. $110, greengages, $150; egg plufcis. $190;
California apricots, $2 002 50: California,
pears, r 25j 40; do greengages, $1 90; do egg
plums, $1 90; extra white cherries, 82 83: raspber
ries, $1 ioi so: strawberries, $1 151 25; goose
berries, si loigii 15; tomatoes, 93c?f 00; salmon.
1-tb, $1 301 80; blackberries, 80c; succotash. 2-lb
cans, soaked. 99c; do, green, 2-Ib cans, $1 231 50;
corn beef, 2-ib cans, $2 2(X3S Si; 1-tb cans, f I 30;
baked beans, 1 40(31 50; lobsters. 1-lb cans, $2 25;
mackerel. 1-tb cans, boiled, $1 50, sardines, do
mestic, Ut. 84 40(514 50: )-,s. $7 00; 6ardlnes, im
ported, )4s, $11 50G212 50: sardines, imported. H.
$18 00; sardines, mustard. $1 5o; sardines, spiced,
JI 25.
Fisa-Extra No. 1 bloaler mackerel, $20 00? bbl;
81 10; dairy. bbl, $1 20: coarse crystal, bbl,
$1 20; Hlgglus' Eureka, 4-bu sacks, $1 80: Hlggius'
Eureka, lb 14-lb packets, $3 OO.
CAWrn i:nnns stunilnrd iwnrhM. S2 402)2 50:
extra Xo. 1 do mess. $23 50; extra It o. 1 mackerel,
shore. $24 00: Xo. 2 shore mackerel, $22 00; large
3s, a 00. Codfish Whole pollock, 5n $ lb; do
medium, George's cod, Sc; do large, 7c; boneless,
hakes. In strips, 5c: George's cod. In blocks, 6K
7Hc. Herring-Round shore, 85 50$ bbl; spllf,
$6 an; lake, 83 23 10O-Ib bbl. White fish. $7 00 W
100-tb half bbl. Lake trout. $5 50 half bbl. Fin
nan haddles, 10c r lb. Iceland halibut, 13c 9 lb.
Pickerel, half bbl, 4 00; quarter bbl, fl 60. Hol
land herring, 75c. Walk-off herring, 90c.
Oatmeal-p 507 75 $ bbl.
Grain, Flonr and Feed.
There was but one sale on call at the
Grain Exchange to-day, namely, a car of
sample shell corn, 65c, 5 days. Receipts as
bulletined, 33 cars, of -which 23 cars were by
Pittsburg, Ft. Wayne and Chicago Railway,
as follows: 1 car of feed, 10 of oats, 7 of hay,
1 of flour, 1 of excelsior, 5 of corn. By Pitts
burg, Cincinnati and St. Louis,! cars of corn,
1 of oats. Cereal markets give little signs of
animation. Wheat and flour are weak. Xew
wheat Is coming in freely, and was offered
to day at 93c. with 90c bid- Old wheat is
fairly steady at quotations. On the call $1 01
was bid. Ear corn is firm at quotations.
There is very little stock on hand in this
line. Daniel McCaffrey reports receipt of
the first carload of new loose pressed bale
hay of the season from Washington county.
1 ollowing are quotations for carload lots
on track. An advance On these prices is
charged from store:
WHEAT Xo. 2 red, 81 001 01; Xo. 3, 0301c;
new No. 2 red. 9192o.
Corn No. 1 yellow shell. 67iao7Kc; Xo. 2 yellow
shell. 66M6;c: high mixed. eSSehc: mixed shell,
6S5c; Xo. 2yellowejr, 7172c; high mixed ear,
7071c; mlede.ir. 03ffl9e.
Oats No. 1 oats, 45&lc; No. 2 white. -15ty,c;
extra No. 3 oats, 4444Hc; mixed oats. 4.T4-!c.
RYE No. 1 Pennsylvania and Michigan, 8OB0c;
Xo. 1 Western, SSSSOc.
Flour Jobbing prices Fancy spring and winter
patent flour, 85 5J0 00; fancy straight winter, $3 25
5 30; fancy straight spring. 81 505 75; clear win
ter, 85 005 25: straight XXXX bakers', $5 005 25.
Rye flour, $4 755 00.
MILLFEED No. 1 white middlings, $26 0026 50 p
ton; No. 2 white middlings, $23 0023 50; brown
middlings, $20 0021 00; winter wheat bran, $15 50
16 00.
Hay Baled timothy, choice, $11 00U 50; Xo. 1.
$10 50011 00; Xo. 2 do, $8 505$9 00: clover hay, $3 00
8 SO; loose from wagon; $11 00(312 00, according to
quality: No. 2 packing do, $7 508 00.
STRAW Oats, $0 506 75; wheat and rye, $S 25
6 50.
Provisions.
Sugar cured hams, large
Sugar cured hams, medium
Sugar cured hams, small
Sugar cured California hams
: l
9
. HV
114
6
8)f
. 6)1
6
11
. 12
. 11
. 7V
w
7H
7J4
. 13 00
. 13 00
64jf
6
bX
6
7S
7
6?4
sugar cure! d. nacon .
Sugar cured skinned hams, large
Sugar cured skinned lums, medium
bugar cured shoulders
Sugar cured boneless shoulders
Sugar cured bacon shoulders
bugar cured dry salt shoulders
Sugarcuredd. beef, rounds
Sugar cured d. beef, sets
Sugarcuredd. beef, flats ,
Bacon, clear sides ,
Bacon, clear bellies
pry salt clear sides, 10-R) average
Dry salt clear sides, 20-Ib average
Mess pork, heavy
Mess pork, family
Lard, refined. In tierces
Lard, refined, in half barrels
Lard, refined, 60-Ib tubs
Lard, refined, 20-Ib nails
Lard, refined, 50-lb tin cans
Lard, refined, 3-fb tin palls
Lard, refined, 5-tb tin palls
Lard, refllneil, 10-lb tin palls
MARKETS RATHER MIXED.
Wheat and Oats Weak, but Corn and Pro
visions Strong Almost a Panic In the
Oats Pit No Apparent Sympathy Be
tween the Cereals.
CHICAGO Wheat opened lower, and the
news was generally unfavorable for holders.
Offerings were free, and about the only de
mand was from shorts who wanted to cover
their sales made at higher figures and tnke
their profits. This they were enabled to do
advanta'goously, as their takings were on a
market the tendency of which was down
ward.
The opening sales were about c decline
from last night, and finally lost about as
much more, but reaoted later. The situa
tion, both at home and abroad, seomed un
mistakably bearish. Liverpool cables
quoted a decline of d on spot wheat and
Id on future, while private advices from
Paris reported a decline of franc in that
market, with weather brilliant and crop
prospects improving. The weather in this
country was favorable for harvesting, and
the receipts at the winter wheat markets
were large. About the only comfort tho
bulls got was that Portugal had reduced its
tariff on wheat one-half.
A reported failure in the grain trade In
London, reports ot big yields from thresh
ings, and weakness in nearly all markets at
home and abroad, were denressimr factors.
December opened at 88Ji86Wc, fluctuated
downward to 86c, rallied to 86c, and weak
ened to SSMc. Later the market was
strengthened some by the liberal export
purchases at New York and the sharp ad
vance reported in Berlin, and December sold
at 96c. Later cables, however, showed
weak and declining markets at Paris, Liver
pool and London, the last mentioned show
ing a break of Is ld, equal to over 3 cents a
bushel. December weakened on this to
86Vc, at which it closed.
Corn showed much strength on the smaller
receipts than expected, firmer prices in
New York, an active demand for cash and
light offerings, and was also helped by the
advance in provisions, snorts snowed a
good deal of alarm and covei ed freely. Sep
tember sold around tho opening at E2
531ic, and went up quickly to 53Jgc; but at
thisspoint the selling became free and there
was a drop to 52c, but this was followed by
a reaction to 53c, but broke again with tho
late weakness in wheat and closed at 52c.
Oats were weak, and one time rather
panicky, and especially for August, dne
chiefly to a rumor of large receipts or new
oats to-morrow. July was steady at 34'
31c. August opened at 2SKc, but soon be
came slumpy on the free selling and fell to
27c, but reacted to 28c. September sold from
27VC to 26VJC but recovered to 27!c.
Provisions started in excited and higher,
especially pork. Receipts of hogs fell below
estimates, and prices at tho stock yards were
higher. Then ft was reported that France
was about to reduce tho duty, and shorts got
excited and began to cover. The whole
crowd seemed to be bullishly inclined. This
feeling was assisted by an article in the Cin
cinnati Price Current, which, taking the
stocks in hand and tho probable packing,
estimated that the entire product would bo
taken for consumption. September pork,
which closed at $10 97K yesterday, opened at
$11 05, advanced irregularly to $11 50, broke
to $11 25, advanced again to $11 35: thon, the
shorts having covered, weakened to $11 10,
advanced to $11 20, and closed at $11 15. Lard
was less irregular, opening at $6 SiZ, ad
vancing to $6 62U, nnd closing at $6 Eo, the
bottom figure of the day. Ribs opened at
$C 72, advanced to $6 80, reacted to $6 67K,
and closed at $6 80.
The lending futures ranged as follows, as
corrected by John M. Oakley & Co.. 15 Sixth
street, members of Chicago Board Trade:
Open- High- Low- Clos-
articles. fng. est. est. Ing.
Wheat, Xo. 2.
July 8(1 86 85U Si
August 8.1)1 83-ii 82Ti 83W
September ifH-, sah, 8.1H 8.r-
December frSH MH W MX
CORN NO. 2.
July 59)f 50H 58 58V
August 54VJ 53 55'5 55'
September 534 Mft 52Ji 62J
Oats Xo. 2.
July 3I SIS' 34X 34S'
August 28S 2S)i 27 27f.
September 27H 27)$ 26) 27J
Mess Pork.
September 11 05 11 50 11 00 11 15
October 11 12) 11 52 1110 -1120
Lard.
September. SSUj 6 62! 6 65 6 55
October 6 70 6 72)i 6 65 6 65
Short ribs.
September 6 72S 6 80 6 S7H 6 70
October 0 82,'-j 6 90 6 80 0 to
Cash quotations were as follows:
Flour quiet and unchanged; Xo, 2 spring
wheat, 8HJ85C; No. 3 spring wheat, 8283c;
No. 2 red, fOIc. No. 2 corn, 61c; Xo. 2
oats, 36c: Xo. 2 white, 3940Jc: Xo. 3
White, 3'j39Kc Xo. 2 rye, 76Kc; Xo.
2 barlev no sales ; No. I flaxseed,
$1 01. Prime timothv seed, $1 231 25.
Mess pork, per barrel, $11 10. Lard, per
100 pounds, $6 37. Short ribs sides
(loose), $6 50iSS 60. Dry-salted shoulders
(boxed), $5 60Q5 63; short clear sides (boxed),
$6 90(87 00. Whisky Distillers' finished
goods, per gallon. $1 16. Sugars unchanged.
On the Produce Exchange to-day the butter
market was steady and unchnnged. Eggs,
15K16c.
NEW YORK Flour dull and irregular.
Cornmeal quiet and steady. Wheat Spot
market active for oxport and stronger; Xo. 2
red, 91295Wc, store and elevator: 9.'"497c,
afloat; WL&nUe, f. o. b.; ungraded red,
!Hc$l 01; Xo. i Xorthern, to arrive, $1 01;
Xo. 1 hard, to nrrivc, $1 06: No. 2 Chicago,
99cjl 00. Options declined early lj
3io on easier cables, largo receipts and
lino weather, becamo stronger and
advanced lc 011 more nrgent ex
port orders, and closed steady at about
yesterday prices; No. 2 red July, 9334c,
closing at 91c; August. 92J93c, closing at
93c; September, 9293'4c, closing at 83!4c;'
Octobor, 9394Vic, closing at 9t!c: Decem
ber, 95!)6-c, closing at 90c; Mav, $1 0I
1 01, closing at $1 Olji. Rye dull and easier;
Western, September delivery, 7!76o. Corn
Spot market dull and easier; Xo. 2, 7172c
elevator, 731473c afloat; unj-raded mixed,
7173c; options advanced Kf.c on covering
and light receipts, fell 54?c on realizing
and closod wcalf: July, 68jid9fc, closing at
68Je; August, fAibic, closing at 6lkc;
September, effete-closing ot 61c; October,
5960c, closing at 59c: December, 52$J53c,
closing ut 52Jic- Oats Spot market dull
and unchanged; options dull, lower and
weak; July, closing at 43Kc; August, SS.
Sic, closing at 33c: September, 326325JC,
closing at 32c: No.2 white. July. 17K-; No. 2
white, 53c; mixed Western, ll17c; white do,
l?62c:No. 2 Chicago, Kc. Hay steady and
quiet. Hops quiet and weak. Tallow quiet
and steady. Eggs dull ank weak: W estera,
1617c. Hides stendynnd dull. Pork quiet
and firmer; old mess, $11 0011 75; new mess,
$12 9013 00. Cut 'meats In fair demand
and firm. Middles firm. Lard firm and In
fair demand; Western steam. $6 636 67K:
July closed at $6 63; August closed at $6 66
6 69; September, $6 82ff 6 81; closing at $6 7f
6 80: October. SR 9Sfi!B 91. closing nt $6 88
6 90; December, $7 07, closing at $7 067 08.
Butter in light demand and weak; Western
dairy, llHc: do creamery, H18c; do fac
tory, llllc; Elgin, 18c. Cheese in good de
mand and firm; part skims, 36c.
PHILADELPHIA Flour weak. Wheat
opened lower, but subsequently recovered
and closed firm; old No. 2 rod, $1 03 f. o. b.;
new No. 2 red on track, 98c; No. 2 red in ele
vator, D2Uc: steamer Xo. 2 red, spot, 91Jc;
Xo. 2 red, Julv, 9393Kc: Augnst, 9293c;
Septembor, 92k93f4c; October, 93Ji91Kc
Corn Options firm; prices largely nominal;
car lots scarce and wanted; Xo. 2 mixed in
Twentieth street elevator, 73c; do in grain
depot, 71c; Xo 2, mixed, July. 6970c: Au-
fust. 66c: September, 02E63KC October,
l62c. Oats strong and higher; futures be
yond this month wholly nominal: Western
No. 3 white, 18c; No. 2, white, 50c; No. 2
white, July, 1818Kc; August. 33k36Kc;
September, S233c: October, 3333c. Pro
visions strong and trade active: hams,
smoked, ll12c Butter dull and weak;
Pennsylvania creamery, extra, 18c: do prints,
exti-ar21c. Eggs dull and weak; Pennsylva
nia firsts. 17c.
ST. LOUIS Flour dull. Wheat Xo. 2 red,
cash, 83Co'5.c: Julv, SVARSXlic, closing nt
8314c: August, 81KiS)82J, closing nt81J82c;
September, 82J82c, closing at 82c bid;
December, 85J4S6Sc, closing at 86c. Corn
was steady attlie opening, advnnced io im
mediately, then lost the advance, rallied c,
and closed Kc above yesterday. Xo. 2 cash,
K39c; July, 56jj7c, closing at 57c;
September, 5051Xc closing at 50K50Tc:
vear, 3910c, closing at 39JJc asked. Oats
lower; Xo. 2 cash, Sic: July, 30g30c, clos
ing at 30c: August closing at 20c; Septem
ber, 2627c, closing at 28c. Rye firmer and
in demand at 62c for No.2. Butter firm and
unchanged Eggs unchnnged. Provisions
higher nnd strong. Pork, $11 2511 37K
Lard, $6 15.
oai.iijiur.r, u nenc irregniar; sput, ny
095Jc;the month, 9393Kc; August, 91JJI
92c: September. 9192c; October, 92$
93J-Jc. Corn firmer: spot, 68c; the month,
6sc; August, GlJc; September, 62c; spot
No. 2 white, 75c. Oats firm; No. 2 white
Western, 17K18c; No. 2 mixed Western, 16
17c. Bye easy; No. '2 6573c. Hay stcadv;
good to choice timothy, $11 0015 00;
Provislons better. Barley unchanged. Eggs
weak at lSc.
MILWAUKEE Flourquiet. Wheat easier;
No.2 spring, on track, cash, 88c; September,
81Jc; Xo. 1 Northern, 96c. Corn quiet: No.
3, on track, cash, 60jc. Oats easier: Xo. 2
white, on track, lie. Barley nominal: Sep
tember, 69r;69c. Rye firm; Xo.l, in store,
83c. Provisions irregular. Pork September,
$ir 12)4. Lard September, $6 55.
CINCINNATI Flour easy. Wheat easy;
No. 2 red, 8383c. Corn strong: No. 2 mixed,
62fc. Oats easier; No. 2 mixed, lie. Ryo ir
regular; No. 2, 65c. Pork strong at $10 75.
Lard strong at $6 20. Bulk meats firm at
$6 62f. Bacon firm at $7 623,f. Butter easier.
Eggs heavy at 12i3c. Cheese barely
Steady.
DULUTH Wheat was steady on July but
lower on December. Receipts, 8 cars. Clos
ing prloes were: No. 1 hard. 97K"; No. 1
Northern, cash, 95c: No. 2 Northern, cash,
88c; July, 96c; September, 83K--
KANSAS CITY Wheat lower; No. 2 hard,
cash, 75c; July, 71c; No. 2 red, cash, 76c bid.
Corn stronger; No. 2. cash, 51c bid:July, 5c
bid. Oats steady: No. 2, cash, 33c bid; July,
30;fc. Eggs weak at 10c.
MINNEAPOLIS Wheat No. 1 hnrd, July,
97Jc: on track, 9s; Xo. 1 northern, July,
9(ic; September, 81c: December, 83Xc; on
track, 90-Kc; Xo. 2 Xorthern, July, 93c; on
track, 9397c.
TOLEDO Wheat active; cash, 86c; July,
86lsic; August, 8614c; September, 86JJc; De
cember, 89-Jfc. Corn dull and steady: cash,
62c. Oats quiet; Xo 2 white, 12c; No.2 August,
2SKC .
Additional markets on tenth page.
Messrs. John H. Davis & Co., New York;
S. V. White & Co., New York;
Connor & Co., New York,
Are authorized to offer the securities mentioned below.
TKOW MECTOET, PEDJTE AI B00OMG CO., I
Subscription for
$750,000, 8 Per Cent Cumulative Preferred Stock,
$250,000, General (Common) Stock,
AT PAR, SHARES $100 EACH.
SUBSCRIPTION LIST WILL BE OPEN TUESDAY, JULT 31, AT 10 A.M., AND
CLOSE ON OR BEFORE THURSDAY, JULY 23. AT 3 P. M.
This company Is organized under the laws of Xew
Jersey with a capital stock of $1,500,000, in shares
of$100each, consisting of $750,000of 0 percent cu
mulative preferred stock, and $750,000 general
(common) stock, to take over and carry on the
business, KSTAPLISHED IX 1788, of the TROW
CITY DIRECTtY COMPANY, and that ES
TABL1SIIE1)!X 18H. of TKOW'S PBIXTING
AXD BOOKBINDING COMPANY, heretofore
two separate corporations.
The former managers continue with the new
company, and, with their associates, retain $500,
000 of the common stock.
AU shares issued will be full paid stock.
Stockholders will have no personal Uablllty.
There will be no mortgage upon any of
the property of the company.
The company begins business without any
debt or liabilities whatever.
The by-laws provide that no bond or mort
gage can bo created without the consent of
ninety per cent of the preferred stockhold
ers ; also that this provision cannot be al
tered except by the like affirmative vote.
The Preferred Stock will be entitled, from and
after July 15, 1891 to cumulative preferential divi
dends of EIGHT PEE CENT. PER ANNUM, pay
able out of the carn'ngs of the corporation, before
any payment is made upon the General Stock. In
cases of the non-payment of the Preferred Stock
Dividend, it will remain, nntll paid, a charge'
against the net earnings of the Company prior to
all rights of the General Stock. The Preferred
Stock will also be entitled to rank against the
property and assets of the Company in preference
to the General Stock.
The General Stock will be entitled to the surplus
earnings when declared in dividends, after eight
percent, per annum upon the Preferred stock shall
nave been paid.
Dividends on the Preferred Stock will be payabla
quarterly.
Dividends on the General (Common) Stock will be
declared and paid at the end of each fiscal year,
and may be nald more often provided the full divi
dend for the current year upon the preferred shares
shall be first set apart.
DIRECTOR.
ROBERT W. SMITH. President. Xew York;
EDWARD LAXGE, Vice President and Treasurer,
Xew York:
FRANCIS B. THURBER, President Thurber,
Whyland Co.. Xew York;
ALFREDO. CHF.NEY.PresldentGartleldXatlonal
Bank, Xew York;
ROBERT J. DEAX or R. J. Dean & Co., Bankers,
Xew York:
FRAXKLIX W. HOPKIXS of S. V. White Jfc Co.,
Banksrs. Xew York;
WILLIAM II. BATES. Superintendent Trow City
Directory, Xew York.
Application will be made to list the securities of
this company upon the Xew York Stock Exchange.
EXTRACTS FROM STATEMENT OF THE
VENDORS.
The business of the TROW CITY DIRECTORY
COMPANY, now carried on In Its building corner
of University place and Eighth street waa estab
lished In 1786, one hundred and five years ago.
It has published the Xew York City Directory
annually ever since, with a continuous profit.
The business of TKOW'S PRINTING AND
BOOKBINDING COMPANY was established In
the year 1623, and its capacity as a printing and
bookbinding establishment Is the largest, and 1U
plant one or the most perfect In the United States.
The property conveyed to the TROW DIRECTO
RY. PRINTING AXD BOOKBINDING COMPA
NY Is described In the prospectus to which reference
Is Invited for the details of Jljj description and
Advance applications can be made to any of the'
hankers prior to the formal opening of the hooks
Wool Markets.
New York Wool quiet and steady: do
mestic fleece, 3037c; pulled; 2S31c; Texas,
172ic.
St. Louis Wool Receipts, 126,235 pounds.
Offerings of bright wools are moderate, but
Texas and Territory, especially the latter,
continue in liberal offering. The domand
for the former Is fairly steady, but there is
an easier tendencv on tho latter. Unwashed
bright medium. 1022Kc; coarse braid, ll21c:
low sandy. ll17c: line light, 1821c: fine
heavy, 134J1SC; tub washed, choice, 31c; in
ferior, 2229c.
Philadelphia Wool in improved demand
and'prices steady at quotations. Ohio. Penn
sylvania and West Virginia XX nnd above,
2932c; X, 2830c; medium, aR37c; coarse.
3331c. New York, 3Iichigan. Indiana and
Western fine or X and XX, 262cc; medium,
3536c; coarse, 333ic. Fine washed delaine
X and XX, S3f?36c: medium washed combing
and delaine, 3S10ci coarse do, 3335c: Can
ada washed combing, .23ic. Tub washed,
choice, 37fi3Sc; fair, 3Vg3Sc: coarse do do do,
2526c. Montana, fine, lg22c; Territorial,
fine, 15g20c.
Boston The demand for wool has been
more active and the sales have been large,
amounting for the week to about 3,100,000
pounds of all kinds. Some large sales of
one-quarter and three-eighths blood have
been made at 2528c, and of one-half blood
at 2729c. In Territory wool there have
been free sales of fine at GOQCUc
clean; of fine medium at 58at0c,
and of medium at 5557c Texas,
California and Oregon have been
in fair demand at 1725c, as to quality: Ore
gon has been quiet at 1720c; Ohio and. Penn
sylvania fleeces have been selling mere
frcelv, tho sales including considerable No.
lat35.iJS6c, withX at 2030c, and XX nt 31
32c; Michigan X has been quiet at 2717c;
Xo. 1, 3t35c: Xo. 1 combing wools have been
selling at 3010c; Ohio fine delaine at 3135c,
and Michigan fine delaine at 3331c; pulled
wools have been quiet but steady: Austra
lian wool has been firm and in good demand
at 33124c; foreign carpet wools have been
quiet. .
Turpentine Markets.
New York Rosin quiet and weak. Tur
pentine dull and easy at 3637c.
Wilmington, N. C. Spirits of tnrpontlne
quiet at 31c. Rosin firm; strained, $1 20
good strained, $1 25. Tar firm at $2 CO.
Crude turpentine firm; hard, $1 25; yellow
dip, $2 30; virgin, $2 SO.
Charleston, S. C Turpentine steady at
ZVic Rosin firm; good strained, $1 27K-
Savannah, Ga. Turpentine firm at 35c.
Rosin firm at $1 25 1 30.
Jt
The Drygoods Market.
New York, July 17. The drygoods market
presented no new feature to-day.
BROKERS-FINANCIAL.
Whitney & Stephenson,
57 Fourth Avenue.
apSOSJ
OrnDIC'C SAVINGS BANK,
itU lit D SI FOURTH AVEXUE. '
Capital, $300,000. Surplus $51,670 29.
D. McK. LLOYD. EDWARD E. DUFF.
I President. Asst, Sec. Treas.
t per cent interest, allowed on timo de
Bosits. OC1540-S
JohnM. Oakley & Co.,
BANKERS AND BROKERS.
Stocks, Bonds, Grain, Petroleum.
Private wire to Xew York and Chicago. .
15 SIXTH ST., Pittsburg.
value. It embraces the real estate. Nos. 3)5, 25
209, 211, and 21! East 12th St. Xew York, the lease
hold property at University Place and 3th St.. and
the presses, type, machinery, tools, fixtures, and
other plant of both the old companies. This prop
erty, together with the working capital, which the
vendors undertake to contribute. Is valued at
'$1,432,740.35.
The books and accounts of both the retiring com
panies have been examined by the wen-known pub
lic accountants. Messrs. YALDEX. BROOKS h
DONNELLY, who certify as follows, viz:
Xo. 11 Pine St.. Xew York, March 27. 189L
We have examined the books and ac
counts of TKOW'S PRINTING AND
BOOKBINDING COMPANY for the
period of five year ending Dec. 31.
1890, and aUo for the same period the
accounts of the TKOW CITY DIRECT
ORY COMPANY, and we flint the
net pronts of the two concerns, after
providing for the coat of all materials,
labor, wages, and expenses, aud cost of
renewals and repairs to plant and ma
chinery, to be .$"61,411.30
Or au average of $132,282.26 xearly.
The profits for the year 1800 amounted to. JI13, 735.71
(Signed)
YALDEX. BROOKS A DONNELLY.
THE RESULT LAST STATED 1SEQUITA
LEST TO 8 PER CENT UPON TIIE PRE
FERRED STOCK AXD 11.10 PER CENT
UPON THE COMMOX STOCK.
7,800 shares of 8 per cent cumulative pre
ferred stock, and 2,500 shares off general
(common) stock of this company are now
offered for public subscription at par.
Subscriptions will be payable as follows:'
10 per cent on application.
30 per cent on allotment.
30 Per Cent in 15 Days ) . n ,,,
30 Per Cent In 30 Days' A"" Allotment.
The subscription lists will be opened at 10
o'clock A. M., on Tuesday, July 21, and will
close at or before 3 o'clock P. M., ou Thurs- -day,
July 23, 1891, at the offices of Messrs.
JOHN H. DAVIS & CO., 10 Wall St., New
Tork; S. V. TVIim: CO., 3G Wall St., New
York, and 4 Sherman St., Chicago, and CON
NOR Jt CO., 71 Broadway, Xew York.
Subscriptions will also be received by
IMPORTERS' AND TRADERS" NATIONAL
BANK, New York.
CENTRAL TRUST COMPANY OF NEW YORK.
CHACE NATIONAL BANK. New York.
GARFIELD NATIONAL BANK. Xew York.
MERCHANTS'' NATIONAL BANK, Albapy,
X. Y.
WASHINGTON LOAN AND TRUST COMPANY.
Washington, D. C.
CITY NATIONAL BANK, Springfield. Mass.
WILBOUR. JACKSON & CO., Bankers, Provi
dence. R. I.
R. J. DEAN Jt CO., Bankers, New York.
Allotments will be made as soon as practicable.
The right Is reserved to reject or reduce any sub
scription. PROSPECTUSES, CONTAINING FULL
INFORMATION, AND BLANK FORMS OF
APPLICATION FOR STOCK CAN BE OB
TAINED FROM EITHEK OF THE BANKS
OR BANKERS ABOVE NAMED.
1
4
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