THE PITTSBURG DISPATCH, SUNDAY, MAT 22. . 1892,
fflkOCitfiET
Contilbntions for thin department should
reach The Pisr-ATcn offlccby noon Saturday.
These columns ate open to all secret organ
izations but news, and news only, will be
printed. Space Is too valuable to be given,
up to the discipline or delinquent members,
notice of meeting praise of Individual
lodges, adveitlscment of orders or mere
personal puffs.
The Knights Templar.
The committee to arrange the pilgrimage
or rittsburg Commandery No. 1, K. T., and
fraters of Pennsylvania to the thirty-ninth
annual conclave of the Grand Commandcry
or Pennsylvania at Philadelphia. May Stand
S5, and In connection therewith a complete
Southern tour, has reported n. very prom
ising itinerarj". covering a period of eight
day. The s-pecial train or parlor cars and
dav coaches leaves Pittsburg to-morrow at
"15 a. m.. teaching Phlladclnhia the same
dav. Tuesday and part of Wednesday will
be'spent there attending the conclave. At
2:02 r. M. Wednesday the special train starts
lor Washington. The excursionists will
take a roi al boat i ide from that ctty and ar
rive at Xorfolk at 7:30 A.M. Thursday. The
time to Saturday morning will be spent in
visiting the points of interest about
Norfolk. From there the commandery
will go to Richmond, visiting there
until Monday evening (Decoration Pav) at
7:05 o'clock, when it will leave for Washing
ton. The party will separate at the Capital
Citv, member returning bv the regular
trains, the tickets being good up to and in
cluding -Tune 7. Itiagieat trip and the
gallant Templars are anticipating n splendid
tin-e. Theitmeraiv committee, consisting
or L Sir James S. McKeau. Chairman; E.
Sir James B. Toungson, Sir Herman Junkor,
Sir Jo?eph G. Mori is and E. Sir W. C.
AViiirht, secretary, his gotten out a neatly
printed programme for the trip.
B"low are the names ot those who will
make up the p.irtv. Those who will be ac
companied bv their w lves are: fames Dick
son. James ". Carnahan, F. J. Slildle, V.
C. Wright, E. F. Austin, George T. Hamilton,
M. C. Watson. William F. Aull, M. A. Koss,
D. Gale Ironcli. C. X. Stolzenhach, Samuel
A. Steele, samuel J. Greor, A. B. Stevenson,
Fred Fichtcl, John Diinling.W. E. McCarthy,
W. D. Frew. C. A. Weaver, Joenh S. Smith,
Chailes C. llaer. D. W. C. Carroll, D. K. Tor
rence, John lluiford. John Burlord. Jr., A.
Belsfar. II. Junker, II. F.Olnhausen, Thomas
J. Hamilton. Albert Hamilton, Charles
Shcrnff, Charles Havis. Edwai-d A. Turkey,
Tliomas A. Ilannarnd Dr. George Gladder.
Others of the party are: Richard Arthur,
wile and daughter. James B. Toungson and
dnughtci, George Fry, wife and daughter, S.
S. Zoch. w e and sister, Mrs. R. Il.it rows
and daughter, Andiew CMcKean and sister,
William Chatland and dauzhtcr, Mrs. C.
Weil, Mis. James II. Horner, J. II. Rochester,
W. s. Donghertv. William M. Granger,
William Hill, William H. Devore, John P.
McClearv, W. W. Colville, IL D. tellers, C. F.
Stolzenbich, W. H. Barne-, Georgo F. Mac
Donald, Ralph W. Allison, George A. White
ell, Edward Kenvon, Dr. McGiew,
John D. I.ittell, Louis T. Brown,
W. A. Stewart. George R, McAber,
L. P. Chester, W. C Soles, C A. Rankin, John
A. Pierce, B. A. Hosslcr, John n. Armstiong,
Mrs. Bulgei, :Mr. Pope, Mrs. Dr. Christie,
Mrs. Sargcant. Miss Ulain, Misses Smith,
Mis.-c Bell. Miss Arnholt, Misses Bur:ord,
M. A. Arnholt, D. M. Kir.zer, J. G. Morris,
John Beavan, W. II. Kammerer, Cvrus
"lOungs-on. IV m. M. Bell, II. II. Smith, Thos.
M. Ulan;, E. C Pope, Isaac R. Bens"I, John
McKam, James Y. Boun, W. H. Walker,
Hugh M. Bell, A. M. Kepple. A. M. Kepile,
Jr.. James A. Sievenson, Frank J. Dickson,
tiniles& Curry, Dr. 31. H. West, Wm. T.
Fairman, Charles T. Speerand John Henry,
Jr.
n. C r. Kulghti of St. John.
Last Sunday at2:30 r. x. the, various com
mandenes of Pittsburg and Allegheny met
In the hall of Duquesne Commandcry lor t lie
purpose ot forming a battalion. The Com
manderies repiesentcd wore: Duquesna
( omniandery 142, Wilklnsburg Commandery
153, St. Mary's Commandery 154, Columbus
omniandery 172, of Allegheny, St. Benedick
lomnianderyltSand St. John Commandery
503. The officers elected were: Colonel, Al
Uerrn.in. Ju-eph A. skell.v, ot" McKeesport;
Lieutenant Golonel.Thomas JIurray.of Pitts
burg: senior Jlajov, H. L. Aland, Pittsburg;
Junior Major, II. J. CrcUhton, ot rittsburg.
The Colonel mil appoint tho statTduring the
coming week. The name is the First Bat
talion of Pennsylvania. Colonel Skelly is
one of the most prominent business men of
McKeesport and the President and Captain
of Duquesne Commanderv. which is the
p.irent one In Western Pennsylvania. He is
also a meinher or the Supicmo Board of
Ti ustees ot tne supreme Council of the order.
Lieutenant Colonel Murray is an experienced
military man, n ho lor many years has been
ldentilicd with semi militurr organizations
He sailed Wednesday, tlie IS h inst, for a
tnpihiouh Iielandand Great Britain. He
Is a meuihci or st. Mary's Commandery.
Senioi Major H. L. Aland is a business man
on Filth ai enue and a resident of Allegheny.
He has been tne First Lieutenant of Du
quesne Commandery since its organization,
and w. is fur some time a member of the Na
tional Guards. Junior Major IL J. Creigh
tou is the 4. iptain oi St. John Commandery.
Tli" battalion appointed a committee to
ruakeMiitabie at rangements with the rail
road companies for going to Toronto, Can
ada, to attend the meeting of tlie supremo
Council June 21.
At tlie meeting or Duquesne Commandory
142 last Monunv evening, tho Second Lleu
lonant, P. J. Uragnn, was promoted to the
position of CaMain, vice Jaseph A. Skelly,
now the Co'.ond ot the battalion. Brothers
John J. Gallagher and Chailes W. Bradley
-side elected to the positions of First and
fcecond Lieutenants lespectively.
C. 31. B. A.
Branch 60, of Mansfield, will hold a picnic
Decoration Day at llnyce Grove. Excursion
rates have been secured.
Deputy M. J. Clark and wife have the
sympathy ot their irieiids In the loss of
Itieir youngest child b death.
Bmt'.ier Gorman, if Branch S3, has re
turned ironi his ten days' vacation to the
lakes, much improved in health.
Branch 51 had nine applications at Its
meeting last Tuesday evening. The Or
ganization Committee of the Advisory Coun
cil paid i: ;i visit.
Branch 110 ofVeioni. will hold an open
meeting nidav. May 23, at 2 r. M. It will be
jiddms-ed bv ISi-olIicis Lnnis, Maxwell, Mc
lieeverund Clark.
La-t Wcliicsdav evening a portion of the
Organization Committee visited Branch 26.
of JicKecspott. This branch has an elegant
Hireling hall, and is making good progress,
liaving nc.irlj 153 members.
Branch No. 10, of Clarion county, will hold
fin open meeting Saturday, May 2i Branch
C of Clation, will hold an open meeting
Monday, Ma v SO. Both meetings will be ad
lie6sett by Jl. W. Dearo and the Grand
Deputy.
The Advisory Council held a very Inter
esting mcetm. last Sunday evening. Branch
S3, if u a-hinztnn. Fa., was admitted to
membership. It was resolved to hold the
annual icuuion and picnic the first week in
Auiust. It was referied to the Ways and
Means Committee with power to act
Grimm Beneficial Union.
National District, organized last month
by Supieme Manager A. Wcdeineyer, re
ports an increase oMour new members.
Ditnct No. 3, organized by Supreme
Treasuiei 11. otaf and Supieme Deputy K.
Alike May 10 with 32 members, reports an
inciease of 11 nen members May 17.
Pittsbutg Distnct wrs organized by Su
preme Kcputi -am C. Bt-atty and District
Deputy A Lidmann with 4J mcmbeis. The
tupivine Manaser, with ihe assistance of
the Supreme Piesidcntand Mipremu officers.
Instituted tins di-trict May 17. The officers
nie: President, C schlegel; Vico President,
U Bergniani:: Secietary, C. Keiser: Tieas
nrcr. C unsthel: Trustees, W. Ender, G. C.
Grat and C Clark.
District No. 4 organized by the Supremo
Trustee. J llicnei. was Instituted at his resi
dence, il Boile stroet, Allegheny, May 12,
tinder the din'ctiouol the Supreme Manager
by Supiein" 1 .i-a-mer II. Grar with 33 mem-liui-s.
supreme Deputy F. Dillemuth. who
has been placed In cti-inreorthis district, re-
K
uii-'i" inc-i ii six new memuers since
HSt meeting. In this district: th T-nt-n.ii
.......... .. .ii i. ..... a
illli4a i "c uicu.
District No. 2 was organized by Supreme
Manager A. i edemeyer. Supreme President
1 Volz and Supreme Deputy F. Schilling
Jlay with 32 charter members at the resi
dence or the Supreme Manager. After ex
cellent speeches a collation was served. The
Allentown Quintet cuteitiined the party
until lute in tho night, supieiuo Deputy F.
schilling leports an increase of 21 new mem
bers at the last meeting.
I. o. o. r.
Canton Allegheny ITo. 32 will meet next
Tuesday night for drill in tho hall at 2S
Federal street, Allegheny. This will be an
open meeting and all brothers of the order
ate cordially invited.
R. A. Lambertnn Encampment No. 125 held
a verv interesting session last Tuesday
night and conferred tho G. R. degree lu that
style lor which it is famou-. Stevens was
there and in his part he cannot be excelled.
The representatives are returning from the
grand lodge se-sion at Snnbnry, the home or
P. G. M. Bayer anil his -bar'l of cider." The
lodges will, of course, all be treated to vari
ous reports from their delegates. Cut It
short, boys.
P. G. Charles E. Means arrived home from
ti.o Grand Lodge Friday morning, and was
at his lodge that night. He made a very in
erestingand Instructive report of the Grand
Lodge proceedings. The boys say it was
verv hot at the session, but P. G. M. Bayer s
cider cooled them off, and everything
worked like clock -wot k, smooth and easy.
Pittsburg LodU:e held a very large meet
ing last Friday nkht when It conferred the
second degree on thtee brothers in its nstial
able inannor. There was quite an influx or
visitors who hlghlv enjoved the work, and
promised to attend again next Friday night
when there will be three brothers to receive
the third degree. This lodge is becoming
lamous for its n ork, and In consequence it
has a huge delegation or visitors every meet
ing night.
Hazel Rebekah Lodge No. 240, nt Mount
Washington, is very nrosperous. It is plan
ning to get np a team or 25 ladies to conler
the lleuekah degree in Its beautiful form. At
their last meeting they elected Mrs. Isabella
Smith as Noble Granu and Mis. M. l entsch,
Mrs. L Harper and Miss E. Brethauer to the
other positions or trust. By special request
Mrs. Marv Phillips, Mrs. Brobeck and tho
other officers of Theodora Lodge will, on
the first Wednesday In June, install tho now
officers.
Schenley Park Lodge 1037 held a very well
attended meeting last Friday night, and Its
representative to the Grand Lodge, Past
Giand Cnpps, in his report showed that
Odd Fellowship was never as prosperous as
present. To make use of a portion pf their
surplus wealth the Odd Fellows will build a
temple costing about 1400,000. the rents from
which which will be a constant source of
revenue. This lodge has about 200 membors.
Coroner Heber McDowell is the Noble
Grand, and with the assistance or Past
Grands Huish, Sussman, Jackson and J.
Thresher conferred the second degree upon
23 of the new members.
Martha Rebekah Lodge No. 237 at Allen
town was visited last Monday by a large
number of the metnbeis tiom Theodora
Lodge. PastGiandsIIuish, Phillirs. Snyder,
Haney and J. Thresher made some good
speeches based on the Uebekah degree. Past
Grand William snow den has been of great
service in building up the new lodge. He
will retire liotn his position in Juno, alter
w hich the ladies will take entire charge, and
fill all the leading positions. By special in
vition Mrs. Mary Phillips, Mrs. Mary Haney
and a full staff of officers from Theodora
Lodge will install the new Noble Grand,
Martha Barnes, and all tho other officers on
the first Monday in June.
Jr. O. U. A. M.
Shiloh Council initiated a new member
last Wednesday eveuing and has another on
the list for next Wednesday.
JIcKcesport Council No. 109 and Tube City
Council No. 378 ate ill training for tho initia
tory contest to take place June 13.
Duquesno Council No. 110 will attend
divine service at the Cumberland Preshv
terlan Church Sunday evening, the 29th
inst.
The councils of the Sonthglde, accompa
nied by the uniformed rank, will attend di
vine services at the South Fourteenth Street
U. P. Church next Sunday evening.
Wednesday evening of next week a flag
will be presented to tlie Westview school,
Ross township, near Keating's Hotel, by Mr.
J. W. Halstead and other citizens.
Invitations are out for tho first annual
picnic orstarortho West Council No. 4G5. to
fie held Saturday afternoon and evening,
July 23, at Windsor Park, Bellevue.
Clarendon Council No. 813 was institnted
April 22, by D. S. C. Bruner, with 13 mem
bers. Since that time 14 applications for
membership have been received, and the
council will flourish.
At the invitation of Banner Council No.
310, of Cokeville. Westmoreland conntv.
Brother W. T. Kerr will visit tho council
next Thursday evening, the 26th, and ad
dress tho members.
A circular has been issued by the general
committee, arranging for lire Fourth of July
parade at Grcensburg. extending to all
councils In tho Western district an invita
tion to participate. It is expected that tlie
event will be of great magnitude.
The indications are that the Atlantic City
trip will be taken in by at least 1,000 Juniors.
The consent of President Harrison to re
view the bovs in Washington has proved a
strong inducement. The commandery will
take a large number and tho uniforms will
be made to look the prettiest.
John Grey Council 249 will present the
Fourteenth ward (Solio) public school with
a flag on Friday. Mav 27. a' the school hall.
Mavor H. 1. Gtmrlev, of Vine Cliff Council,
will present the flag on behalf of the coun
cil and Dr. Georgo T. MacCord, of Sherwood,
100, will receive it on behalf of the school.
At the meeting or Washington Command
eiy No. 1 Monday evening, the committee
appointed by tho'Supreme Commandery to
revise the ritual will exemplify the new
work. Members of nearly all command
rries will be present. It is expected that
National Vice Councilor Cranston will be
one of those initiated, as well as Rev. M. D.
Lichliter, of McKeesport.
The tenth anniversary of McKeesport
Council 109 was celebrated Friday evening
In tlie Coliseum of McKeesport bv a grand
banquet. Plates were Ihid lor 250 couples.
Among those who responded to toasts w ere
W. T. Kerr, of Pittsburg, "The Jr. O. U. A.
M.," and Prof. P. A. Shaner, of McKeespit,
"The Ladies." It was the most brilliant affair
McKeespoit has had for years. Alter the
banquet a reception was held until 3 o'clock,
with Hartley's Otcliestr.i furnishing the
music. The decorations were magnificent.
About 40 councils of this vicinity were rep
resented at the meeting of Sous of Liberty
Council No. 452, Wednesday evening, by well
known workers, who wero there to assist
Sons of Liberty celebrate the second anni
versary of its institution. When the routine
work hart been completed. Brother C A.
Ricuardson, on behalf of tho council, wel
comed the 'visitors. Following this was a
mock trial, in which Brother Fred J. Shaler
appeared as defendant against the chaige of
willfully and maliciously performing
manual labor." Halter Lindsay, Esq.,
presided as Judge; W. T Kerr was District
Attorney: A. D. Wiluin, Esq., represented
the defendant, and James Whitesulcs was
Cleikot Comts. Tho jury was made up of
well-known members of the order, P. S. C,
Harry A. Kell. being lorcinan. A iiumberor
w Itnesafs were examined and cross-exam-amined
in a manner that provoked continu
ous laughter. Both attorneys made stliring
appalls to the jury lor a verdict favorable
to their respective sides. Altera few mo
ments' consultation the jury acquitted tho
defendant, and found the prosecuting and
detending attorneys guilty, recommending
that they each be fined $1, to bo divided
among tho Jury. A recess was then de
clared and refreshments served, Dr. Die hi
having charge of this portion of the enter
tainment. The entertainment was the most
novel one given by any council In this vi
cinity. Improved Order Heptasophs.
Summit Conclave Initiated five candidates
last Wednesday evening.
McKeesport Conclave intends to pay
Moorhead a visit in a few weeks.
J. K. Mporhead Conclave received Are ap
plications on Us last meeting night.
Organizer S. I. Osmond Is at work In Ohio.
Look out for some large conclaves In that
State.
Joseph B. Eaton, Secretary of Mononga
hela conclave 139, Is now at the Centtal
Hotel.
I. A. Justice, of Toungstown, O., Chair
man of tho supremo Committee on Laws,
was in the city yesterday.
Tho Heptasoph Celebration Committee
will meet Wednesday eveningat Fulton law
building, Fourth avenne and Grant street.
There will bo an open meeting and mock
convention held byJoannette Conclave May
3L The supreme officers and other promi
nent members of the order will be present.
District No. 19. of which Brother J. C.
Highiiter is Deputy Supreme Atchon, held
Its annual banquet at "the Westminster
'Hotel, Scranton, Pa., Wednesday evening.
The affair was most enjoyable. Addresses
were made by many prominent Heptasophs.
Braddpck Conclave No. "$ held an open
meeting and banquet in its conclave room'
last Wednesday night. Addresses were
made bv BtotherMcKelvy, Supremo Archon
S. A. Will and Supreme Piovost M. G.
Cohen. Music, singing and elocution wore
provided lor the enjoyment of the lurge
number of ladles and gentlemen who at
tended. Order Sons of St. George.
Brother Tliomas Nealo, of Earl Shartes
burv Lod je, will run against Edward Gould,
of Mt. Washington, tor tlie district deputy
ship. There will likely bo quite a fight, as
both have a large following.
The Picnic Committee met at 12a Liberty
street last Wednesday and arranged a pro
gramme with prizes attached. A silver cup
and cricket bat will be given to the winner
ot the cricket match, and $'5 will go to the
winners of the football match. No. 31 sent a
challenge to No. 43 for tho cilcket comes",
and No. 42 challenges No. 152. Mansfield Vio
tory would like to measure bats with Wel
come Stranger, of MoKeesport. Brother
Winters will rnrnlsh refreshments, solid
and liquid. Football is open to all. No
match has been made yet. Programmes will
bo ready at the next meeting of the commit
ter Wednesday, May 25. Brother Richard
Mouse, of Lincoln Standard, will act as
referee.
Daughters of Liberty.
Are you going to Philadelphia in August!
A new council is almost ready to bo insti
tnted in this city.
Lady Harrison Council will hold a plcnlo
at Castle Shannon on June 14.
Unity Council- Is making preparations to
hold a picnic in the near future.
The Entertainment Committee of Pitts-burg-Couucil
No. 34 has decidod to hold its
picnic Tusday, June 14, at Windsor Paik.
Sherwood, the council on the hilUis prov
ing to be filled with enterprise and push. It
is lapidly building up a large membership.
The Dnion Association meets next
Wednesday evening at Hazelwood Council.
There should be a full attendance, as the re
port of the Committee on Revision of Con
stitution and By Laws will make its final re
port. The objects of the organization have
been materially changed and aio to' be sub
mitted to the National Board or officers for
approval.
O. TJ. A. ST.
Thomas A. Armstrong'Councll No. 291 will
receive ii fraternal vlilt Irom delegations
from Beaver Falls and Falls City next
Wednesday evening. An invitation is ex
tended to members of all sister councils to
be present. The hall is at Lacock and Fed
eral streets, Allegheny. No. 291 will deco
rate the Armstrong monument In West
Park at 3:30 p. x. Memorial Day. There will
be addresses and singing appropriate to the
occasion.
Knights of Pythias.
Banner Lodge had three esquires Thurs
day evening.
The Grand Lodge Reception Committee
meets Thursday.
Larena Lodge worked the amplified rank
Wednesday evening.
Alfarretta- Lodge created three knights
Wednesday evening.
A uniformed division was instituted at
Beaver Falls last week.
Mt. Sinai Lodge had one page and two
eiquires on Thursday evening.
It has been decided to hold the services or
the Grand Lodge in the Opera House.
Mb Washington Lodge conferred the
esquire and knight ranks Thursday even
ing.
Rip Van Winkle Lodge was Institnted Fri
day evening by D. D. Deaken, with 35 char
ter members.
Smoky City Uniform Division was perma
nently organized Thursday evening, slmon
Lingle Division was present in a body.
P. D. D. G. C. Joseph Jackson is absent at
Sunbury In tho interest of his .lodge at tho
Grand Lodge session of I. O. O. F.
P. D. D. G. a William Sellers was a wel
come -visitor at Grant Lodget. It lias
been a long tlmo since the members saw his
smiling countenance.
Leader Lodge had work In the knight
rank Monday evening. An Important
change in the constitution will be an inter
esting subject for debate to-morrow even
ing. "Old Dad" Mercer was with his lodge
brothers last Wednesday night. Ho does
not get around as often as lie used to, but it
is not his fault, as tho years aio beginning to
tell on him and he "don't like to climb them
stairs."
GrintLodge No. 25S Wad ano'her rousing
meeting last Wednesday night which made
it appear like old times. The Iodgo added
two more members and there are plonty
more applicants. The two who went
through last Wednesday received the knight
rank in elegant style and all the members
as well as the visitors highly appreciated ic
General Lodge Notes.
At the last regular meetinff of theDnncan
L O. G. T., Miss E. Green, Miss A. Cuthbert,
Miss. F. Wood, Mr. J. Turner and Mr- J.
Slanier were elected delegates, and Mi-s E.
Bright. Mrs. E. Bourne and Mr. F. Onicl
were elocted alternates to attend the Dis- A
trict Lodge to be held May 27, at Tarentum,
Pa.
Albert Morgan, recently elected Supremo
President of the Equitable Aid Union, will
be welcomed to Pittsburg, and especially to
Luwrenceville, at a public meeting which
has been announced at Patterson's Hall, No.
4011 Butler street, Tuesday evening next.
Brother Morgan will make an address, and
the veteran organizer, G. W. Brown, and
others will also speak. It is expected that
there will be a large attendance of the mem
bership in this vicinityahd their friends.
CORN LEAPS 11 CENTS.
A. Deal In Slay Cansfs tho Scare Not
Much !old at the High Figures Ru
mors That Armour ami 1'ardrldgo
Were Caught Wheat Lower.
CHIC.T GO Corn sold to-day at 71c a bushel
for May delivery, making one of tho greatest
Jumps ever known in the history of the
Chicago Board of Trade. At one time 72c
wn's bid, a leap of exactly lie since last
night. The price did not go up by fraotions,
but by cents at a time, Jumping from 63c to,
70c at one bound. Tho bulk of tho trading,
however, was in July. The fluctuations in
that option were not of a startling character.
In w heat the feojing was unsettled and
nervous, and most of the advance or yester
day was lost. The opening was l17gC
lower than the closing figures of yesterday;
became stronger and rallied c; then de
clined irregularly lc: ruled steadier, and the
closing was about lc lower than yester
day. Cables were higher, but did not have
any direct effect on the maiket. There was
a good deal of realizing, and considerable
long wheat was closed out. At the decline
shorts sqemed to bo disposed to cover, and
there were quite a lew buying orders on
country account, nnd the demand proved
sufficient to advance pi ices a fraction: but a
renewed pressure to sell azain caused prices
to decline to the inside point of the day.
Oats wore fairly active but unsettled, and
prices had a liberal range. Tho market
opened weaker and KK lowot: declined
ic more: then advanced v. reacted c, but
rallied Jfc, and closed easy with a net ioss or
iiHc- There was fair realizing on the
Liiiiues and good buying on the breaks.
The prevision maiket suffered in svmpa
thy with the decline in July corn. Those who
had bought on yesterday's bulge had their
holdings to dispose or this moininz. They
w ere in haste to sell, nnd quickly knocked
oft a large chunk fiom yesterday' advance.
Having gotten rid of a great deal of the
high-priced stuff, tho pre-sure to soil was
relaxed and the market became dull. Tho
subsequent fluctuations wore comparatively
nanow. July pork opened nt $10 33, do
clined to $10 05. mid closed at 10 07, or 30c
lower than it did yesterday. Laid and ribs
closed nt a decline of 12r.
Tlie leading futures ranged as follows, as cor
rected by John M Oakley Co, 4"i Sixth street,
members of the Chlcigo Board of Trade:
Open- High- Low- Clos-
Aiiticx.es. lug. est. est. ng.
WHEAT, No. 2
May t 4 MV I f3S t 83X
June t3i S3H 83 83
July 83J4 US em 83
COKIf, No. 2.
May 82 71 61J4 70
June H Ji ii ISH'
July 47 43 UH 47
Oats. No. 2.
May 3114 315( MX 8i
June 31 H 311. 31 K 3IK
July 31)4 31 11H 31)4
Mess Poke.
MaT 10 75 10 75 10 00 10 02K
July 10,30 10 30 10 05 10 07.S
beptcmber 10 35 10 40 10 3) 10 20
Lakd.
Mar 6 tV,i 6 35 6 27)4 8 30
July 6 42'i C45 G37.H G 40
September 6 57Js 6 60 t ion 6 S2f
SHORT Idas.
Miy 6 00 6 00 B95 6 S7Sj
July 6 10 t tO 5 95 0 97S,
September. 6 10 6 lt'i 6 IS C 07,"!
Cash quotations were as follows: Flour Ann;
winter piitents. S4 20:514 40: winter straights. S3 o
4 "Ji: fprlng pitents. Jl 1V3M CO: spring straights
3 50ii 70: bakers". 3 0l3 15; No. 2 sprllllf whcit,
83Hc: No. 3 spring wheal, 5c: No.Srecl.ssgWc: No.
2 corn, iWoGfic: No. 2 oat. 31c: No. 2 while. 35-(3
30c: o.3 wiiitc 34'35l4c: No. 2 rve. 78c: No. 2
barley, 60g6:c: No. 3. f. o. b.. 5ti57o: No. 4. no
tales: No. 1 flaxseed. (I 0210t: prime ilmotuy
seed, 1 291 31: iless pork, jier bbl.,$10 0"10 02H:
lard, per 1U) lbs., fi 27ij0 30: short ribs sides,
(loose). (5 f.V5 97H: drv salted shoulders (boxed).
f Sxa 37'4: short clear sides (boxed). (6 17,6 30;
whisky, disiillers' finished good, per gal., 1 14;
sugars unchanged; No. 3 new cum. 4SJtc
un the Produce Exchange to-day the butter
market was dull; fancy creamery. IDc: one West
ern, ISc: ordinary, 16317c: fine dairies, liS17c;
ordinary, 13Hc. Eggs steady at 14c.
LIVE STOCK MARKETS.
Kecelpts, Shipments and Prioes at East
Xlberty and All Other Tarda.
Orrici or The Dispatch, )
PiTTSBCRo, Satubdat, May 21. 5
Cattle Receipts, SHI head; shipments, 441
head; market nothing doing; all through
consignments; 8 cars cattle shipped to New
Yoik to-day.
Uo.;3-Ueceipt,3,0001iead; shipments, 2 6"0
head; market active: all grade-, $4 6535 05;
6 cars of hogs shipped to New Tork to-uay.
Sheep Receipts, LOOJhead; shipments, S00
head; market firm and unchanged.
TRADE OF THE-WEEK.
The Situation Shows Little Departure
From Former Conditions.
LATEST EVENTS -IN REAL ESTATE.
Knmler of Good-Sized Deris Consum
mated, Some in ew QnaTters.
THE DRIFT OP MONET AND SPECULATION
From a local standpoint, business the past
week was in good shape, as shoisn by the
Clearing House report; but taking the
country through, it was unsatisfactory, be
ing depressed by storms and floods. The
best feature was the statement that the iron
trade was on the mend. Judging irom
Clearing House statistics, the volume of
current trade is larger than is generally
I supposed. The situation is sound and con
servative.
A Deal In Aeres.
The only acreage deal during the week, so
far as reported, was closed yesterday on
Lincoln avenue, a short distance east of
Lemington. A transaction of this kind is
so rare in this locality that it attracted con
siderable attention, and its possible bearing
on the future was discussed at some length.
It was accepted as additional proof of con
fidence on the part of investors that the
prosperity and material progress of thecity
are on too solid a basiB to be materially
interrupted. The land in question is known
as thi Ifahle tract, containing 20 acres.
The consideration was ?18,000, certainly not
a fancy price for such a locality, and the
purchaser Sir. "W. C Lyne. C. H. Love
was mentioned as the agent in the sale, but
he had nothing to add additional to the
above.
Movements on Brquet Street.
James C. Diek purchased duringthe week
a piece of ground fronting 150 feet on
Boquet street, 50 on Frazier and 250 on
Wilraot, for 525,000.. This is the third im
portant deal on Boquet street within a week
or 1U days, showing that it sianas wen m
the estimation of home-seekers.
nought by ulr. Uooth.
The sale in the Oakland district by J. H.
Coleman & Co., referred to in this colnmn a
short time ago, was that of 180 feet of
ground on Boquet street, corner of Wilmot,
the purchaser being James Booth, of Booth
& Flinn. The consideration was 522,000.
The purchaser expects to erect several good
houses on the lot during the summer. In
this connection it seems proper to state
that Senator Flinn, Mr. Booth's partner,
has, according to reporr, made an invest
ment in the Highland Park district amount
ing to nearly S200.000.
Forbrs Street Value Elevated.
Colonel E. J. Allen yesterday closed the
sale of a residential propertv on Chestnut
street, near Forbes, for 56,500. The lot is
27x47, upon which there is a stibsiantial
pressed brick dwelling. In the same locality
Peter Shields sold 60 feet on Forbes street
by 47 in depth, for 56,000, or 5100 a loot
front the best price so far realized on the
street indicated. It is worthy ot note that
nearly all sales of importance show that
values have an upward inclination. Bayers
have faith in the future of the city. They
know what it has been and is. and. see good
reason ior expecting better things to come.
Progress at B'alr.
Blair is keeping pace with other enter
prising colonies and dependencies of Pitts
burg. The O'Leary Glass Company broke
ground there during the week for their new
plant, and have had three car leads of struc
tural iron delivered. The new hotel is
finished and full of people. The T. Camp
bell Company have expended 530,000 on
their glass plant, and it will require 615,000
more to complete it. Xaturalgas prospects
are excellent.
llonglit for a Church.
It transpired yesterday that the Evangel
ical Lutheran church people were the pur
chasers of the piece of" property on Colwell
and Price streets. Eighth ward. The "old
buildings are being torn down preparatory
to the erection of a handsome house of wor
ship. '
Special Features ot Trade.
The Sixth U. P. Church people will soon
break ground for their building, corner of
Highland avenue and S'atlon street.
ThoTiumber of building permits takon out
last week was 53, representing 67 improve
ments, ail estimated to cost $101,9J3.
James C. Dick yesterday closed a deal for
a pie3scd brick dwelling on Atwood street.
The consideration was $ 0,000.
tt'otk on the Granuview traction road,
running along Mt. Washington and Du
quesne Heights, will begin within two
w eeks.
Walsh Bios, have commenced tho erection
of eight buildings on West Carson street,
Southslde The iraines aio up.
Some o Pittsburg's idlo monoy could be
made useful in supplying tho wants ot tlie
flood sufferers.
A. W. McGahnn & Co. aro putting the
finishing touel-os to five houses on Albert
street, Mt. Washington.
The Fourth National Bank announces a
semi-annual dividend of 3 percent, payable
on demand.
John K. Ewmg ,t Co. will open tho Mc
Nnugher plan of lot-. No. 2, Linden avenue,
Allegheny, with a public sale 011 May 25.
Manslleld will have a national bank before
long. Preliminaries have been nrramred.
Messts. Speycr & Co., and Kulin, Loeb &
Co.j announce that they will receive sub
scupttonsat 102 and ncciued interest lor
510,000,000 Pitt?buig, Cincinnati, Chicago &
M. Louis Railway Company i per cent con
solidated mortgage gold bonus, being part
ofun issue limited to $75,0(0,000: principal
payable October 1, 1910; interest April 1 and
Ociobar 1, payable in New York; principal
and interest unconditionally guaranteed by
the Peniisilvania Company by indorsement
on each bond. The piopertv covored by
the mortgage consists of 1.0S2.09 miles of
railway equipment and terminals in Chi
cago, Indianapolis and Columbus, as well as
ot all tho lailroad nioperties and equipment
acquiied or to be acquired and of the com
pany's irauchi-es.
Additional Points In Itealtj.
Baxter, Thompson & Co. sold a residence
property in tho Nineteenth ward, on St.
Clair stroet, near Rural avenue, a two-tory
frame hou-e of nine rooms, with lot 30x100
feet, for $4,750 cash.
J. II. Coleman & Co. sold for Henry Wot
tcn, a frame house on Larimer avenue, with
lot21xlo:, for $5 009.
Tho Burrcjl Improvement Company re
port tho following sale of lots at Kensing
ton: Jacob Wagner, rittsburg, lots 03 and
94, block 6, for $1,730; David D. De.Mott,
Brookville, Pa., lots 65 and 06. block 8, ior
$1,200: William Stovenson, Braddock, Pa.,
cast half lot 25, block 12, for $276 23; Joseph
P. Hnber, Vennlngton, Pa., lot 62, block 6,
for $S92 50.
A. Z. Byers & Co., sold for tho Ridgevlew
Land Cotnnany to Charles Preston, lot No.
OS. in thelrplnn. Eleventh ward, Allcghenv
City, fronting 43 feot on Calilomla avenue
and extending through 160 feet to Massa
chusetts avenue, for$i,10D.
J. E. Glass sold lor J. C. Dick, the prop
erty No. 30 Inwood street, being a two-story
frame house, with lot33Ieet I mm, for $4,000.
Black & Baird sold tliroughV.it Gorder &
Lloyd lots Nos. 21, 22, 37 andS8 inFinley
Toiions plan, ot Torrens place, running
fiom Hamilton avenue to Kelly street, w itn
a seven-roomed brick dwelling, for $3,509.
Tlie purchaser was Orton Work. Over two
thiidsorthc lots on this plan have been sold
within two months.
W. A. Pmcoln fold for Bell A Cald
well, the new stone residence comer Howo
and OTIani street, to a prominent South
bide business man.
John K. Ewing & Co. sold for D. B. Crart to
John K. Ewlnga new brick house of flvo
100ms, with lot 25x106, on Patton Btreot WU
merding. for $2,400.
A. M. Trcssel & Co. sold to the Fort Pitt
Laud Co. for William Jackman a tract of
land situated in West Bellevue borough,
Avalon station, Pittsburg, Ft. Wavne and
Chicago Railway; which will bo subdivided
into 4loot lots and put on the market at
once through the s.imo n 'ency.
Reed B. Coyle & Co. sold lots Nos. 339 and
340 In the Sunnyslde plan at Bellevue, Pitts
burg, Ft. Wayne and Chicago Railway, each
fronting 60 Icet on Rodgors avenue by 150
feet In depth to an alley, for $1 200. Thoy
also sold lot on June street, Fourteenth
w.uid, lacing Schenley Park, size 09x180 feet,
for $125 cash.
J. C. Reilly sold two lots In tho City Sav
ings B.mk plan. Tenth ward, Allegheny, to
William Dick for $990 on easy payments.
M. F. Hippie & Co. report 'tho sale lor tho
Junior Order of American Mechanics of a
piece of ground, 83x200 feet,on the south side
of Penn avenue, near Highland, ronins
through to Mignonette street: consideration
$25,600; sold to D: E. Park. This property is
west of Highland, and shows the trend of
trade and 'business to be in that direction,
and values have been rapidly enhancing.
W. M. Pollock, 150 Fourth avenue, sold a
property on Firth avenue consisting of a
Buostiintial briefc storeroom and dwelling,
with lot 25x140, for $10,5'J cash.
Peter Shields reports the sale of a lot on
Forbes stroet, between Boyd and Chestnut
streets, havinsr 60 feet frou tage on Forbes
street, for $6,003; also a lot on Gladstone
street, Twent v-third win d, 25xl3S to a 20-foot
alley, for tho Schenley Tark Land Company,
consideration, $650.
M. F. HIpDlo & Co, sold for Margaret Wil
kinson, for $3,759, a lot 50x160 feet, on tho
east side ot Pacific avenue. Twentieth ward,
to Jacob Lauer,
HOME SECURITIES.
FEATURES OF THE WEEK ON THE
LOCAL STOCK EXCHANGE.
Trading of Moderate Proportions Invest
ors Cautious and Sellers Not Urgent
Only Three Changes for as Much as a
Point Sales and Fluctuations.
With one exception tho stock market was
uneventful throughout the week. Boston
made a little laid on Philadelphia Gns on
Tuesday, and succeeded in forcing it down
in the absence of two of Its' strongest sup
porters. Thore was a rally next day and
nearly all tho lost ground was recovered. It
closed with a fractional loss for the -week,
but about a point hotter than the lowest
quotation.
Central Traction was probably tho most
erratio stock on tho list. There was no
special pressure against it, but it had no
pronounced support. It was strong and
weak by turns, finishing a full point lower
than a weik ago. All bi ake advanced to the
highest point for several months, and closed
strong, with none offered. There was con
siders Die fishing for bank shares, but noqe
wete caught.
Stocks making trains for the week are:
Chartiers Gas f. Citizens' Traction K.
Switch and Signal 1. The unlisted tractions
were perhaps a trifle weaker. Stocks show
ing losses lor the week: Plpeage K- Phila
delphia Gas . Central Traction I, Pleasant
Valley i New York and Cleveland Gas Coal
i. Luster , Underground Cable 1, U. S.
Oln-s, common 1.
It will be noticed that only threo of the
changes were for as much as a point. There
wore no leverses in conditions to shake the
confidence of investors. They were cautious
on general principles, and concluded to test
the inherent strength of tho market by hold
ing aloof. The result should convince them
that thore is nothing wrong with Pittsburg
securities.
Sales vesterdav wero 20 shares of Pennsyl
vania Gas at 9. 20 Birmingham Traction at
2 and 50 Philadelphia Gas at 16. Sales
lor the week wore 2,942 shares and $25,000
bonds. Birmingham Traction led with 1,140
shares, followed by Philadelphia Gas with
690. Final bids and offers for the week are
appended:
BANK STOCKS.
Bid. Asked.
Allegheny National Bank 05
Commercial National Bank 109
Exchange National lijuk S5
First National bank. Pittsburg 175
Fourth National Bank" 123
Freeholil ft'.
German National Bank 31S
Liberty National Bank lMK
Masonic Bank fO ....
Slonongahel&NationalBank 131 ....
Second National Bank 203 323
INSL'KANCE STOCKS.
Bid. Asked.
Cltliens ; 28 :s
Peoples .- Wi
GAS STOCKS.
Bid. Asked.
Allegheny Gas Co. (Ilium.) 44
XATUBJlL GAS STOCKS.
rild. AskM.
Charf.rts Valley Gai Co n)i 1!!
People's Natural GasandP. Co 11 ....
Pennsylvania Gas Co 8 ....
Philadelphia Co lstf 1S
WuecllngGas Co MJf
rASSE.NGEIt KAIL WAT STOCKS.
Bid. Askert.
Central Traction 29 2954
Cltliens Traction 62
Pittsburg Traction 57 63$
Pleasant Valley 24V 25 .
Second Avenue 59
COAL STOCKS.
Bid. Asked.
N. T. A C. Gas Coal Co SO
BRIDGE STOCKS.
Bid. Asked.
Wi
.. 10 14
Northslde Bridge Co.,
Point... .
MININO STOCKS.
Bid. Asked.
Luster Mining Co 9K Wi
KLICTR1C Licnr 'STOCKS.
Bid. Asked.
East End 30
Westlnghouse I'M W.i
MISCELLANEOUS STOCKS.
BM. Asked.
Union Switch anil Signal Co
Union Switch and Signal Co. prcr.
Westlnghouse Airbrake Co
Standard Undererounrt Cable Co..
U. S. Glass Company, comnon...
U. S. Glass Company, pfd
"ix. olr.
. 17!4 IS
. SO 33
,116
73 75
, 61 S' 02
,1104
THE SUN SHINES AGAIN.
ITS WESrERHIHYS REVIVES PRICES
OF RAILROAD SHARES.
The Gains Only Fractional The Better
Feeling Comes Too Late to Save Reck
Is'and Plenty of ltnth Haying an I
Selling Bond Active.
New TonK, Mav 2L The stock market to
day was more actlvo than ot late, and wliilo
the transactions were, as usual, mostly pro
fessional, thore wasa better feeling in the
room, and prices, after some wild fluctua
tions, ended gcneially fractions higher than
last evening. The change in temper was,
undoubtedly, due primaiilv to tlie tact that
tho short interest was getting altogotlicr too
unwieldy, and it wns discovered early this
morning that the sun actually did shine in
portions of the Western territoi v.whicli has
been visited by excessive rainfall during the
last week. Tho cry went up that some
thing would be saved fiom the wreck,
and buying became the lashion as selling has
been for the few days pist: and wliilo thoie
was no lack of selling, especially in the early
dealings, tho preponderance of buyers final
ly carriod the day, and the firstdrivematked
the limit of the dcclino for the timo being.
The buying did not begin eailv rnoug'i to
save Hock Island from 11 material decline,
its loss on tho drive being 1 per cent, but
other stocks, such as.Union Pacific, Missouri
Pacific nnd Reading, with a few of tho in
active shares, like Hocking Valley and
Oinahii preferred, suffered severely at tho
time. The downward movement, w Iiich h.id
every-appearance of being brought about to
buy stocks upon, suddenly ceased and tho
recovery began and ceased only with the
close of business. The close was active and
firm to strong at or near Ihe highest prices.
The dealings lor tho two hours' session
reached 13,314 listed and 10,151 unlisted.
Tho total sales o: stocks to-dav were 193,465
shales, iucludinz: Atchison, 2,969; Chicago
Gas, 5.675: Erie, 13.3C0; Louisville and Nash
ville, 4.700: Manhattan, 4,175; Missouri Pa
cific. 4510; Northern Paelflc piofoncd,'8,161;
Bending, 16,000; St. Paul, 22,735; Union Pa
cific, 11.100.
Railroad bonds wero also active, but dis
played still an lrrogular temper, though tho
important changes are all advances. The
dealings reached $932,000.
A Lively Saturday.
John M. Oakley & Co. received the follow
ing from Watson A Gibson: "It was tho
most active markot that Wall street has
seen for Saturday In many a long day.
Dealings were well distributed, and under
covor of powerful bear fusillading in special
directions the shorts took back some thou
sands of shares of active issues that they put
out on the announcement of tho passing of
the Northern Pacific dividend. Chicago,
Burlington and Qutncy, Rock Island, St.
Paul, Missouri Pacific and Reading were sold
in wholesale lots nt the opening of tho mar
ket, and these offerings completely over
whelmed the small array of bulls that hoped
that tho higher quotations from Loudon
would at least cause a temporary stampede
among the bears.
"Calculations proved faulty, howover.and
for an hour or more tho maikot's tendency
was donnwaid, and at one time it lookod as
if prices generallv would tall with a dull,
sickening thud. Observant brokers noticed
that London wasa big buyer of stocks on
the downward grado. The solution of theto
purchases may do found in the f.ict that the
now lortnightly settlements begin Monday
and there is an exoessivo short interest
abioadin some American stocks, and it is
not beyond the realms of probability that
England will turn up as a buyer if tor no
other reason than to cover outstanding con
tracts. "The bank statement was fully as favora
ble as was expeoted. Tbero was an actual
increase In money of $4,700,0.0. Tills was
caused by tho Increase of reserves or $3,783,
850 and an Inciease or deposits of $3,759,000.
The decrease in loans showed time some
liquidation had taken place for long ac
counts, but the falling off of but $1,107,000 in.
the loan Item was proof conclusive that
such liquidation was not of large propor
tions. "The market is still a trading one and will.
In ourjudsmsnt, ha nnsattlod for somtgfew'
days; consequently should be a purchase on
the declines and a sale for a point ot soon
Quick advances. The situation can best be
summed tip by noting what the commercial
agencies say that there is nothing to war
rant apprehension that tho year's crop will
be deficient or that the year trade will fall
bplow expectations. Trade has been active
in the East with a better feellne: it has been
fair in the West, irregular at tho South and
fair, except In tho flooded districts. Cotton
industries aro doing well on account of the
low price 01 the stock and the large demand
for goods. The iron business is more active,
but without improvement in prices.
"The labot troubles in the building trades
alone prevent a very large demand for
bnilding material. Thero are nbout 45,000
men on strike as against 4(,O0O a year ago.
Money is casv.it all points, with the rates
about 1 percent lower thanayearago. Theie
is eveiywheio a demand lor commercial
paper and an increased inquiry for invest
ments." The Finish In Stocks.
The following table shows the prices 01 actlre
stocks on the New YorkTstock Exchange Tester
day. Corrected daily for TlTE DisrATCH by WHIT
NtT & STEPHENSON", oldest Pittsburg members of
the New York Stock Exchange, 57 Fourth avenue.
Clos-
Opcn Hlgb Low- lug
ing. ttt. est. bid.
Am. Cotton Oil 37H 37J4 33. 37
Am. Cotton Oil pfd , 74
Am. sugar Ifcfliilng Co.... 93V 1M 93Si MH
Am.Sug.tr IiennlngCe.. pfd 95 ! 9I 9H,
Atch.. Top. &. F X4 TZH, 31h 3S'
Baltimore A Ohio 973j 977a 07i 97"
Baltimore A Ohio Trust 94
Canadian Pacific 8Ji
CanaJa southern 59 51'( 53 59
Central or New Jersey WS PW 133 UVi
Central Pacific 30 S 3.U4 30S
Chesapeake and Ohio VS. Zi'i 22.'i S!4
C. & ().. li.t pfd 61 61H 61 61Vt
C. & O.. M pfd 41'4
Chicago Gas Trust 781f Wi 78 79H
C. Bur. & Oulncy 103 103ii IMS MP
C, Sill. ASt. Paul 7l4 77$ 7GH i
C, Mil. iSt. Paul, pfd 123
C, Bockl. &P 788 79 77H 78'
C.. St. P., M. 0 4fl!4 49'i 4S 49X
C St. P.. M. & O., pfd... llO 13) 119 120
C. & Northwestern 119'ji 119l 118!,' Ill
C. C.. C. & I eHi C7J4 685 C7"i
Col. Coal Iron 281.
Col. & Hocking Val 37 37H XH 37)
Del., Laci. & Western 1W
Del. & Hudson 1421i 1CM 142 141V
Den. Rio Grande a 16V
Den. A Rio Grande, pfd... 50;i M' ma 50V
Distillers' ft C. P. Trust... 47 47 47 "i
E. T. Va. & Ga., new 4(2
Illinois Central. 102 103 lOZ'i 103
Like Erie. t West 24!i Wi 24 2UJ
Lake Eric & West, pfd 7i
Lake Snore ,t M. S 13V 13! 131V4 WH
Louisville A Nashville 73.', 76M 75Ji 78
.Michigan Central 108
Missouri Pacific 56 Sl'-i m SY
National Cordage Co lli, lio'j 110 100V
National Cordage Co., pfd. 103 105 104 1014
National Lead Co 32S 31H 32 -TO4
National Lead Co., pfd.... 84Ji 81V 844 H'i
New York Central 113.S
N. Y C. A St. L 16
N. Y C. A St. L., 1st ptd 72
N. Y.. C. ASt. L.. Mpfd S!4
N. Y., L. K. AW 28 21 27 MM
N. Y.. L. C. A W., pra.... 6.T4 (i7 6.'. IH
K.Y.iS. B 38V SV 38 3itH
N.Y.. O. AW HV 1S.' lSJi HT
Norrolk A Western 12'i
Norfolk A Western, pfd 4SH
North American Co 13 1SV M 13
Northern Pacific Wi 19Wi Wi 18V
Northern Pacific, pfd 63a 51', KH 5JV
Oregon Improicment 23
PaclflcMall 3P 3t'i 3t!a 3114
Pco.. Dec. A Evans 18 " 18 18 IS
Philadelphia A Reading... 59 53i 59 S9X
P'g..Cln., Chi. A St. L 22
P'g.. Cin.. C. A St. L., pfd 62
Pullman Palace Car 196 191 196 195
Klclimiind A W. P. T. Tr. 7V 1H K 7V
Richm'dA P.T.Tr. pfd 48K
St. Paul A Duluth 44
St. Paul A Diiluth. pfd 105
St. Paul. Minn. AJlan V,i
Texas P.icitic 914 94 SV '
Union PjcIHc 59' 40!i SS5 40Ji
Wabash lij
Wabash, pfd 24 23!, 24H 25"i
lstern Union ffi', 92 92, 92i
Wheeling A Lake Erie 3i! 31S 30h 30",
Wheeling A L. E pfd 747, 74, 74) 744
Boston Stocks
Atch. A Topcka 33J4
lioston A Ai)Mnr....205
Boston A Maine 179
Chi.. Hnr. A QulncvioiJi
1'itcllburgltlt .". fcllj
FlInt.APercM 24
Flint PcreM pfd. 84
Mass. Central I6J2
Mex. Cell., com 17
N. Y. A N. Kng 33'i
N. Y. A N. Eng. 7S.118
Old Colonr 182
Rutland pfd OV
Closing Prices.
Boston A Mont...
Calumet A Hecla.
Franklin :..
Kexrsarge
Oaceoli
Santa Fe Copper..
Tamarack
Boston Land Co..
. 43
.207
. U4
. K'4
. 32W
. .25
.1CI
.5
West End Land Co,
l'j'4
Hell Tclenliona IBS
I.amson Store S 18V
Water Power 3
Centennial Mln. Co.. 11H'
11 Is. Cent., com.
15Vf '. E. Tel 52
fc. rei.
Alloiiez Mln.C, new .90 Butte A B. Cop 12
Atlantic njil'riw.mson-IIoustonEl C5K
Philadelphia Stocks.
Closing quotations of Philadelphia- stocks, fur
nished by Wliltnev A Stephenson, brokers. No. 57
Fourth avenue, members of New York stock Ex
change: Bid. Asked.
Pennsylvania Railroad 54 55
Reidlng Railroad 2)13-18 Z'Ti
Buffalo, N en-York A Philadelphia... SH 8'4
Lehigh Valley 58V 59
Lehigh Navigation 51i4 52S'
Northern Pacific, com .....18 19V
Northern Pacific, prcf. 03 " 54
Mlnlnc; Stock Quotations.
New Yontt, May "2L Bst & Belcher, 220;
Crown Point, 103: Consolidated California
nnd Virginia. 420; Deadwood, 210: Gnnld. 110;
Hale & Norcros,, 125: Jlomestaku. 1400; Horn
Silver. .115; Mexican. 190; Ophir, 291: Savage,
123: Siena Nevada, 125; Standard, 135; Union
Consolidated, 125.
Bar Silver Quotations.
New Touk, May 21.. Snecini. Bir silver
lu London at 40)d peroz. New York deal
ers' price lor silver, 88Jic per or.
THE M0HETAEY SITUATION.
A Bank Officer Takes a Favorable View of
the Outlook.
The local monetary movement during the
week, while not characterized by any
special change in conditions, showed some
Improvement in tho loan department nnd
lather moie than unusal activity in routino
lines, depositing being liberal. Tho
surplus was probably as large at the end of
tho week as at the beginning. Hates at bank
held around 56 per cent. These were
shaded somen nat by individual capitalists.
As to the outlook, a prominent casluor
said ycsloiday. "1 think we have pnssed the
dullest pai t of tho year. Business is picking
up. The volume of trade is enormous, but
as it is nccotnpanied by no friction or
tioublo of any kind, it attracts little atten
tion. Building denotes prospeiity. Pitts
burg never was buslor in this line. Agie.it
deiuof money is boing invested in homes.
There will soon be 11 demand for funds to re
pair damages caused by tho floods, and tho
siiiplus o much complained ol mav be a
blessing after all. There are no threatening
influences abroad inxhis country to disturb
confidence or repress enterprise."
The local bunk statement shows a gain of
nearlv $2,000,009 in clearings over tho previ
ous week, and of upward of $1,000,009 over
the corresponding week last year. The flg
utesarc: S.-itiirdav's exchanges s 2. 539. 769 92
Saturday's balances 191.414 51
Wi'eU's'exchanges 11,277,(05 18
Week's nil lllCM 3.487.2;6 35
Previous week's exchanges 13.827,311 27
Same week 1811 14,039,02109
The New York bank statement, showing
accumulation of piled-up wealth, was nn
lavotable fiom a business poin ot view.
Changes for the week arc: Reserve, in
crease, $3,783,850; loans, decrease, $I,107,1W:
specie, increa-e. $2,0C6 000; legal tenders, in
crease. $2,037,000; deposits, increase, $3,759,
CO0; circulation, increase, $49,100: amount
above legal requirement, $19 555,975.
At New York yesterdni- money ou call was
easy with no loans, closing offered at 1 per
cent. Primo mercantile paperSs per cont.
Sterling exchange quiet but steadv nt $1 SGX
tor 60 day bills and $4 87?i for demand.
Closing Bond Quotations.
TJ. 8. 4sreg
U. S.4s coup....
U.S. 2s
lHt!ns nf 'Ol
11714 Mutual Union 6s 107K
117J4 N. J. C. Int. Cert. ,111'J
10O Northern Par. lsts.,118
,li9 Northern Pac. 2ds .llt'i
l.ouisana 6tamp. 4s
Tcliu.new sct.G-. ...
Tcnn new set. 5s...
Tcun. new set. 3s...
88; Northwestern const. uev
108 "iNorth'n debent.5i" 105
.102'S. J,. A I. M.Oen.is. 8P
. 72aiSt.l..AS.F.G'n.M..!09V
Canada so. zas
Central Pac. lsts
Dun AR. G. lsls...
Den. Ait. G 4s ...
l.riclds
1 IT T lion R
10J
St Paul consols 12)
St. P. C. A l'.lsts....lls
.107
.1151,
.84),
.108j
. S3
T. P. E.G. Tr. Rets. 87
T. 1. R.G. Tr. Rets. 30V
union racists. lCSfs
West Shore 105
R. G. V. lsts 81V
tl. K. ST. Gen. os.
. MX
Bid
tAsked.
Bank Clearings.
New Or.LEAA8-B.ink clearings, $1,239,520.
Mr.Mrnis-CIeaiings, $402,363: balances,
$1SG,75J. New York exchange selling at $1 50.
Ntw York F,ank clearings, $120,839,019;
balances. $3,59),5Sl. For the week, clearings,
$721,3C9 979; balance, $32,87?,90(i.
Boston Hank clearing-, $17,439,178; bal
ances, $2,201,515 Money 1)4 per tent. Ex
change on New York par, lus discount. For
the week Clearings, $98,906,783; balances,
$11,213,819. For tho same week last vear
dealing, S9l.8-'9,lf,2; balances, $9,681,399.
PllILADELVItiA Bank clearing-, $13,393,164;
balance-, $1 994.629. For tuo cek clenringt
were $74.09.', i77, and balances $11,607,903.
Monev, 3 per cent.
Baltimore Bank clearings, $2,21C.546; bal
ances, $323,9 0. Rate 6 p-r cent.
Chicago Money in lair demand; discount
rates generally 45 per cent. New York ex
change firm at 7jc premium. Bank clear
ings, $11,898,220; for tho week, $97,015,972,
against $86 663,020 for the corresponding
week last year.
Tiro greatest spring and summer beverags
is the Iron CUy Brswlng Company's lagar
beer.
UNOTHEEBIGOILWELL
BroTTTi Bros., Robison , & Co. Get a
Gusher on the HcM array Lease.
INCREASE IN THE PRODUCTION.
Forest Oil Company's Well on Top of tlie
Fifth t and Yesterday.
OIL IN A NEW SISTERSTILLE WELL
One big well was brought in the McDon
ald field yesterday, which helped to swell
the production. Itbelongs to Brown Bros.,
Bobison & Co., and is their No. 3 on the
McSIurray lease.
Yesterday morning at an early hour it
reached the sand, and immediately started
off at the rate of 125 barrels an hour. For
some time it kept this up anil then
gradually declined to abont 100 barrels an
hour, which it was doing according to the
last reports". It is located between Brown
Bros, and Robison's No. L on the McMurray
lease, which was the first well drilled In this
pool, and which virtually opened up tho
producing sand rock in that region, and
Greenlee & Forst's No. 1, on tho National
Coal Company's lease.
Greenlee & Forst's No. 1. on the National
Coal Company's lease, started off at 150 bar
rels an hour and kept this gait for several
days, but tapldlv declined. Whether tho
new well Just brought in will hold up for
any length of time to its initial output is a
matter which time alone will.telL
The Forest Oil Company had two wells
due in the filth sand yesterday afternoon.
Neither of these were deep enough in the
sand at a late hour last evening to determine
their value. No. L on the Nancy Scott
property, located about tivo miles north of
Oakdale, was in tbesand.but had not struck
the pay streak at 4 o'clock yesterday after
noon. It is doubtful whether this well will
bo a producer on account of its location.
Locattd for a Good Well.
Their No. 2 on the Jane Stewart farm is
located a few hundred feet northeast of
their No. 1 on the same farm, which is one
of tho best in the field, it v. as due to reach i
the fifth sum last night, and from its loca
tion should be one of the best in the field.
The same company's No. 2 on the J. M.
Neeley farm was also due in the fifth Inst
evening, but may not bo in before Monday.
The chances are against it lor being a good
producer.
The Uakdalo Oil Company's well, on the
Mclvee farm, was drilled Into the fifth sand
vesterday, and will not be better than a 75
barrel a dav well. It had been spraying con
siderable oil for some time, and this led to
the belief that it would be a good producer.
IIusMer. Davis A Bntt are down 1,090 feet
In thcii'No.4. 011 the Boyco farm.
Malaikey & MeMillen's well, on the Free
man property, located Just south of J. M.
Guffev, Rns-ell, 3IcMulIen A Co.'s No. 3, on
tne Wettengel, was on top of tho fllth sand
yesterday morning, but for some reason had
not been drilled to the pay. Judging from
its location it should be a good well.
Were In tho Gordon Sand.
Greenleo & Forst's No. 5 on the Marshall
farm No. 2 was tli rough the Gordon sand
vesterday aflernoon without a showing of
oil. Their No. 1 on tho McMurray lease N.o.
2 wns also throngh the Gordon and did not
have n shoningo' petrolonm.
Sistzksville R. G. Gillespie A Co. have
drilled their well on the river lot in the town
into tho sand, and it is showing for a good
wi-U.
Tho ame parties are also drilling three
other wells on farms to the east of town.
Thefnt thest Is about a mile and a half from
tho rivpr.
The Kanawha Oil Company has the tools
stnek in their No. 2 on the Rudolph farm.
BFLLAinK, O. A well on Paw-Paw creek,
near Salem, 15 miles south of Summerfield.
Noble count-, is attiucting a great deal of
attention iii this rejion. Nineteen voars ago
It uns drilled 1,400 feet. Nothing as found.
Several years later oil and cas commenced J
to come irom tne 11010. which inrew one mo
tubing. A cavity 40 feet in diameter was
washed out. Six or seven years ago it
ceased to flow. Tho hole was filled witn
logs and a barn built over it. Recently
gnsbuist out of the hole, overturning the
barn, and since then oil and gas have flowed
fiom the well continuously. Thousands of
people havo visited and aro going daily to
sen the well.
Richmosd, Isn. A syndicate of Eietern
'capitalists, supposed to be heided by Patch
ell, tho Pennsylvania oil operator, has com
pleted a contract by which thoy become the
possessors of ahont 10,000 acres of oil land in
Jay and Adams counties this State, and in
tho center or the Indiana oil fields. Thcy
havealrendv made arranjements for tho
drilling of 100 wells.
Personal.
Captain J. T. Jones, who was the largest
individual producer in the world a Tew
years ago, came up from Sistersvillo last
evening, whore he is largely interested.
Theo. Bamsdall, who Is probably better
known than any other man in the oil coun
try, was in Pittsburg yoslerday.
The McDonald Ginges.
Tno following estimates were submitted
by the gaugers of the Southwestern Penn
sylvania Pipe Line Company:
Tho production of tho field was 24,000, or
1.500 moio than the day before. The hourly
gauces wero as tollows: Matthews' No. 3,
20; Forest Oil Company's No. 1 Jane Stewart,
25: J. M. Guffey & Co.'s No. 2 McMichaet, 25;
Lynch & Co.'s No. 1 Meise. 30: Morgan No. 2,
45: People's Gas Company's No. 12J McMur
ray, SO: Forst A Greenlees's No. 2 McMurray.
25 No. 1 Coal Company, 20. Blown,
Robison & Co.'s No. 3 McMurray, 89. Pro
duction. 22,500. Stock in field, 53,000.
Tho runs of tho Southwestern Pennsyl
vania Pipe Line Company from McDonald
Friday were 25,025; outside of McDonald,
13 13L Tho National Transit runs were 38.691;
shipments, 10 314 New York Transit ship
ments were 3035L Macksburg division of
the Buckei e Pipe Line Comp inv,2,290: Buck
eve runs 43.9SD; shipment", 04,441. Southern
PipoLine shipments, 14,700. .Eureka runs,
1,019.
THE WEEK IN OIL.
Business Slow, but a Steady Close at the
Highest Point.
The market, as a rule, was weak on a dis
position to realize and a decline in refined.
Tho finish, however, was steady, with a
sharp recovery from tho lowest point, The
reaction was duo to a decrease in production
and the appearance of a few buying oiderc.
The close was Ho hotter than tho opening 011
Monday. Fluctuations are shown in tho fol
lowing tabic:
Xt "eft'.'- 'csT CIO.
Monday.
Tuesday
Wednesday..
Thursday....
Friday
Jfia
66)4
57
57
SSIS
6S
SSK
57
Saturday..
.... (ha. ao. a a IftrlA linf. atitnmnnts fnll
off slightly. The only change In refined
during the week was a decline of X at Ant
werp, to 13Ji, about the lowest price on
record.
On. Citt, May 21. National Transit Certifi
cates: opened at 56c; highest, 57c; lowest,
S 37
S7 57H
UW Wi'4
S57, .75
MX 6b
$10,000,000
PITTSBURG, CINCINNATI, CHIMED i'SL
LOUIS RAILWAY COMPANY
4 1-2 PER CEXT CONSOLIDATE
MORTGAGE GOED BOXDS.
Fixrt or an Inae Limited to S1S,OOOtOOO.
PRINCIPAL PAYABLE OCT. 1, lOlOl
INTEREST APRIL IS T AND OCTOBER
1ST IN NETY YORK.
Principal and Interest Uncondition
ally Guaranteed by the Pennsyl
vania Company by Endorse
ment on Each Bond.
Coupon Bond In Denominations of 81,000
.Each, "With Ecglstratlon Provision.
The following statements are made on the snthor
lty of a communication from the President of tho
Pennsylvania Company and of the Pittsbnrg. Cin
cinnati. Chicago & tt. Louis Railway Company,
which can be nad upon application to us.
The profit of the Pennsylvania Company, tho
guarantors of the above bonds, for the year 1391.
after paying all expenses. Interest on bonded debt,
rentals, advances. Ac., amounted to JI. 725.933 33.
out of which a dividend ot 4 per cent was paid on
the capital stock of the Pennsylvania Company,
amounting to S21.0CO.00O and entirely owned by the
Pennsylvania Hallroad Company.
The Pennsylvania Railroad Company and the
Pennsylvania Company together own 83,697,900 of
the outstanding capital stock of 43.3S0.339 23 of the
Pittsburg. Cincinnati. Chicago and St. LonU Rail
way Company, and through such ownership tho
latter company Is absolutely controlled by them.
The operations of the Pittsburg, Cincinnati, Chi
cago and St. Louis Railway Company for the year
ending Dec. 31, 1S91, resulted In a net surplnsover
all filed charges and taxes of S937.C31 80. and divi
dends have been paid on Its preferred stock as fol
lows: 1 per cent In May. 1331; 2 per cent In No
vember. 1891. and 2 per cent in May. 1892.
Tlie total Funded Debt of the company is as fol
lows: Underlying Sectional Bonds 121.001,000
y, per cent Consolidated Mortgage
Bonds 29.393, 0CO
JII.KH.000
These Consolidated Mortgage Bonds are iosurd in
accordance with the terms of a mortgage dated Oct.
I. 1S90, limited in amount to $75,000,000. to the
Farmers' Loan and Trust Company of New York
and W. N. Jackson, as Trustees.
Tlie property covered by the mortgage consists of
1.08i09 miles of railway (including an undivided
one half interest ln33miles.) equipment, and ter
minals in Chicago. Indianapolis, and Columbus, as
well as all the railroad properties and equipment
acquired ur to be acquired, and the company's
franchises.
Consolidated Bonds equal to the amount of ths
Sectional Bonds still outstanding hare been re
t erved for the lattcr's retirement, and the Railway
Company has agreed that it will, at the time of the
maturity of the sectional Bonds, pay them off. so
that the Consolidated Mortgage may become the first
lien upon tho whole property. The remainder of the
Consolidated Mortgage Bonds mav be issued from
time to time for Improvement of the Company's
property, the purchase and construction of addi
tional ra'lway, and for other lawfjl purposes.
The Bonds now offered are designated as series A.
dated Oct. 1. 1SC0. bearing 4,$ per cent interest tree
of taxes and maturing Oct. 1, 1940. Principal and
interest Is payable in gold coin of the United States
In New York.
The undersigned will receive subscrip
tion for the above bonds at 103 and ac
crned Interest to date of delivery.
Subscription open at IO o'clock on Toes.
day morning;. May 24, and will be closed at
S o'clock P. 31., or earlier on the same day,
the right being; reserved to reject any ap
plications and to award smaller amounts
than applied for.
Bonds alloted upon subscriptions are to be paid
for June 6.
A simultaneous Issue -will he made la
London by Mcssrs.Speyer Brothers,and
In Amsterdam by Messrs. Xelxelra do
Mattos Erothers.
SPEYER i CO.,
, LOEO & CO.,
MILLS BUILDIXO.
J.EW YonK. Mara). 1892.
30 NASSAU ST.
mT2.MCT
Uf.OKEKS FINANCIAL.
ESTABLISHED I3S4.
John M. Oakley & Co.,
BANKERS AND BUOKEUi
4ESIXTII ST.
Direct private wire to New Tork and Chi
cago. Meinher New York, Chicago and Pitts
burg Exchanges.
Local teciirities bnnghtand sold for cm
or carried on liberal margins.
Investments made at our di3cretloa and
dividends paid quarterly.
Intorest paid on balanoa (since 1333).
Money to loan on call.
Information books on all markots mallei
on application. le7
Whitney & Stephenson,
57 Fourth Avenue,
apSu-35
Sfic: clos-d. 57c Sales, 60,000 barrels; clear
ances, 202.000 b'lrrcls.
New York, Jlay 2L Petroleum was utterly
abandoned, and there was not a single
transaction throughout the day in citner of
the exchange". The only quotation obtain
able at tho close was n bid of 550 tor Jnna
option. Although this wns lc above last
nisht's close there was no response from
sellers.
Excursion to Ohio 1'vle
On Decoration Day, Monday. May 30. Special
train will leave B. 4 O. B- R. depot at 8:10 A.
31. Rate $1 10 the round trip.
Zlzoaht 50c brnssels carpet for 39c: 63o
brussels for 50c: $1 brusseU for 73s: $1 50 Mo
quettes for $1 20 are only a few of the price
we quote. There will be many more bar
gains. J. IL KnsKEt, & Bro.,
1317-1349 Penn avenue.
Snlts for tho G. A. K.
Comrades, hero is your chance. We will
sell men's true bine suits, regulation style,
sizes 24 to 42, for $8 40eacb. Two sets of but
tons with every suit.
P. C. C. C, Clothiers,
Cor. Grant and Diamond streets.
Excursion to Ohio Pjlo
On Decoration Dav, Monday. May 831 Special
train will leave B. & O. R. K. depot at 8:10 a.
3f. Rate $1 50 the round trip.
HYArarrn Awsixos at Mamaux A 8on'
39 Penn avenue. Tel. 1972. Thsu
1
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