THE PITTSBTra& DISPATCH. " SUNDAX ' IPTBMBBR 4," 1892. to , -s:i fi t i MONET AND STOCKS. 1 Few Indications tut No Actual Fears of Stringency. ANOTHER BAD BANK STATEHE5T. Count of the Hnrtet for Local Eicvrltlei and the Outlook. LOCAL AND GENERAL FINANCIAL HEWS Saturday, Sept 3. Money has hardened at lome pointi dar ing the past week, and the conrse of specu lation and investment has been changed somewhat by the ravages ot the cholera in Europe, but there does not appear to be any fear in well-informed circles of strin gency in money, of this country being afflicted with the Asiatic plague, or of any serious decline in securities or commodities backed by merit or a strong statistical po sition. The continued movement of cold abroad and the condition of the New York banks excite considerable comment and tome apprehension, but Eastern financiers agree that America will soon be importing in stead of exporting gold; that the movement of currency to the interior will cease sooner than usual this year, and that changes in the condition of the 2few York banks will soon be favorable. To-day's statement showed a decrease in reserve of 52,257,375, a decrease in loans of $3,566,000, a decrease in specie of $2,212,200, a decrease in. legal tenders of $2,061,200, a decrease In deposits or $8,078 100, mid an increase In circulation of $7i00. Tills showing does not include the $2,600,000 cold shipped to-day, and as more cold, probably $2,000,0j0, will be shipped the middle ot next -week, the statement next Saturday will also bo unfavorable. Existing conditions, how ever, are such that it will have but little ef fect, particularly since it is known that a change in the course of cold and currency Is likely to occur at any time. Another thing: The volume of general business is almost phenomenally large and the amount of money in actual circulation is greater by ll0O,Oub,COO than it was a year ago. Still an other thing: Money is so abundant abroad that the rate of discount in the open London market Is only 1 per cent. One of the best informed authorities (n Sew York says the supply of cotton bills will be so laige in a very short time that all fears of gold exports will cease. So Ion;;, of course, as weaie able to send commercial bill's no gold w ill go unless under specula tive or other unusual Inducements; and It is more than doubtrul if any better prices for our cold in Euiodc than have already been made there will be offered as an lnducoment to shippers. Money Etst and West. September is at hand with its disburse ments, remarks the Boston Tj arrffer, and is also the revival of trade, and this will re quire a considerable amount ot lands. No stringency Is looked for, however, the coming autumn, for past seasons have taught hanks that a shortness of funds is Usually felt then, and they hae fortified themselves more fully thanever to meet the demand, and in consequence have a goodly sum Jorany legitmate call on hand. Tue Chase National Bank has raised its ca.l loan mtciest rate to3per cent, tollow lng the example or the Park .National. The strengthening of interest rates in New Tork will be directly communicated to Chicago, and theie is already talk o: a resumption of the old basis of rates, with 6 per cent for time money and 5 per cent lor money on call. A nnmber of the local banks have al jeady notiflod their customers or an inten tion to advance rates, and it is rumored that the banks of the city will to a certain extent co-operate in making the advance. The in quiry for loans is said to be good, especially among the banks which cater to the Board of Trade business. Local Securities. Transactions on 'Change for the week end ing to-day were 3,293 shales of stock ana $30, 000 bonds. The rise in prices, which had been in progress for several weeks, was checked by the cholera scare, but only those shares In which Boston and New Tork are inter ested Westlnghouse Electrlo and Philadel phia Company suffered much of a decline, and even tbe?e closed on a rally from the lo' points, the former making the most pronounced recovery. Street railway shares declined somewhat, but the de clines were lor fractional amounts only and the steadying and recovering process was quite as noticeable as in Electrlo alio Philadelphia Company. Airbrake and Switch and Signal sympathized with the general weakness, and Underground Cable and United states Glass also softened some w hat. As stated, the arrival of plague ships oft Xew York was the principal cause of the lower prices, the market here sympathizing with the weakness in the East; but a re action was due in all the active bhares, and it would probably have materialized a little later cholera or no cholera. The appearanco of the plague off the; coast merely precipitated the le oction, w Inch was helped along by short sales under c ver of the ceneral scare. The piompt action of the Government with re spect to quarantine meauies restored con fidence in a measure, and until the dreaded Asiatic -courgo actually lands and gets a firm tootholrt there is not likely to be any panicky movements in stocks and bonds or any ot the commodities traded in on the produce exchanges. At this writing the outlot k 1 against a visitation, and buyers or securities, grain and provisions at the cuneut comparatively low prices will un doubtedly find themselves in the possession or handsome profits when a normal condi tion of affairs again prevails. This is a time for cool heads. A sacrifice of sound securi ties now will be regiotted later on. The woods are fu.l oi baigains, and It the scare revives they will be as numerous as colonels in Kci.trcky. "Uuy on tho breaks" was never better advice than now. Changes olth Week. The closing bids, compared with those of last week, show the following changes in the leading shares: jidvancta Airbrake, 1J.J. Decmts PbiHdelphia'Company, Cen tral Traction, J Pleasant Valley, Union Switch and signal, : Duquesne 'Iraction, j-: P. & 11. Traction, We&tinghouse elec tric scconu preferred, 2JJ. Underground Oiblo also aeclined about 1 points and United states Glass common about 2. 31io I'rofp-cls. There seems to be little room for doubt abiiut the luturc If we are afflicted with rholcrawe will havo dullness and lower prices, but, as stated, indications do not point that way. Stocks that have been sold of late have dropped into strong hands, and other' are known to be in the bands of powerful cliques, whose interests will be tubserted only by a material advance from the U'csent range of price. There are still indications that P. & B. Traction is to be taken hold of Eooner or later and iriven an upward whirl, and the Pittsburg-Duqnesne Cloud are only waiting lortho propci opportunity to give Duquesne a boost. P.. A. & M. and l V. are compara tiely quiet and weak, but they are sure to be cor olidatcd, and then the stock of the consol'dated roads will be boomed. 'Central Traction U weak, hut it is orth at least the prico p.iid in (30), and there nre schemes COOkilii.. it is stated liv those, vhn nnih to know, that will tend to greatly enhanco its price. Citizons Ti action is steady at about 62. it is worth moie money. Tno statement that its dividend rate will bo increased to 7 per cent next year comes from an excellent source, which will make it worth about 73 cuuMiucnuz iis pies-nt price nt C per cent. The industrials can hardly fall to be high er. Airbrjke ought to go to 150, Under ground Cable to 9j and Electric, both first and second preiorred, oughtto be purchases for inatori.iltidynce, consolidation or no consolidation. Snitch and Signal and United States Glass aie not in very groat favor at the moment, hut their friends are confident tliey will see much higher prices. Gas shares are amoug tho best things on tho list. The public does not yet Irully understand the changed conditions of the gas companies, and when tha m-e i,.i- demonstrated, as they will be before long.i ......v.-. ,,, Junius tivectjr uuuiuroi to them. i'Jip Philadelphia Company is undoubtedly Ina very ttrong position. It is out of debt It has p.enty or money and is making plentyj Its rcci-ipt- this year will very largely ex ceed those o: last j ear. It is paying i per cent per annum, and is able to pay 8 per cent and lay by a handsome surp.ns. The Pinhook field is more prolific than generally known, the Comnaliy'S lless well ni-nrlnn' rim flelrt be one ot tho greatest ever struck. In other dl.cc'ions operations show that gas is about as nearly pla od out as oil was 20 years ao. . . i":v'"" " ' results recent! ODtained will snfilre to prove this. The Sneo well in the Elizabeth field, struck a short time since, has shown remarkable power. When the well was turned intp the 12-inch line to the Carnegie mills tho pressure ran up so rapid ly it was lound necessary to turn other wells off. This was done until every one of the 11 other producing wells In the West Elizabeth field was cut out of the line. Still the press ure was found to bo increasing at a rate that threatened danger to the line, and the 22 wells in Washington connty, the product of which had been turned Into the same main, were also abut off. Then the big roarer was given a ohance to show what it could ao, and the astonishing fact was revealed that this one well was pro ducing more gas than the other 36 com bined. The Philadelphia Company owns the farm adjoining the one ou which the big Bnee well is located, and are putting down a well within to yards of it. There seems to be little danger of a short age of gas this winter or for several winters to come. The People's Natural Gas Com pany, and all the other producers of gas, are in excellent condition, and there is no doubt that tnose who know most about the gas companies are quietly picking up their stocks. Treasurer Caldwell, or the Philadelphia Company, who has been away on an ex tended vacation, was seen this afternoon and talked as follows: "I am glad to get home, particularly since I find tho com pany out of debt, with a good bank account and an abundance of gas and good gas terri tory." Asked about the dividend, he re plied: "I am not able to say whether the rate will be increased or not. That will be determined at the mcetlngof the Board of Directors on Wednesday, September It." , A Brokerage Firm's Views. In their regular weekly letter A J. Law rence & Co. say: "Our market had Ju9t got into shape to respond to Improved indns trial conditions and the return of Influential traders who have been absent dnring the summer, when the oholera scare struck Wall street and sent a tremor throughout all speculative and Investment oircles. Our securities sympathized with the general weakness, although there wore but two of them that suffered materially. These were Philadelphia Gas and Westinghouse Eleo tric, both of which and especially the lat ter are largely held in Boston and New York. The gas stock steadied at 21f and Electrlo, after dropping to St, rallied to 35 and 38. "To our minds the most serious conse quences that might come of the cholera scare would be the postponement of the World's Fair. We cannot feel that In the present advanced stage of scientific knowl edge there is much ground for apprehension as to the probable mortality that would at tend the disease even If It should get a foot hold in this country. And we do not be lieve that international commerce will be greatly interrupted on account of the strin gent measures adopted to guard ports of en try. It might be lound expedient, however, to postpone the fair one year lu order that ovep the appearance of danger may be avoided. Suppose the Fair is postponed, what will be the probable effects? The im mediate effect would likely be the further depression ofralltoad stocks. The more remote effect in Pittsburg would be to with draw one stimulating factor from the iron trade. Railroads and builders would proceed more leisurely in making projected improvements. Hence the de mand for materials would be less urgent and we might have a dull period in the iron market. This condition makes a dull money market, and when money ac cumulates there Is usually an enhancement In stock and bond valuos. When money is tight manufacturers and merchants sell stocks to get funds for their regular busi ness, and when the latter is dull they em ploy tneir surplus in other investments. Then there is another consideration: If the Fair is postponed people will stay at home, and the money that would have Deen spent in Chicago and Europe will be spent at home some of it, for instance, in street c.ir fares. We prefer to look on the bright side always, especially when there is no danger of becoming blinded to the real situation, and we see nothing alarming in the past week's declines nor in future prospects. "What of the market for t$ coming weeM We do not care to express a decided opinion. There will be no business on the exchanges until Tuesday morning, and in the meantime opportunity will be given every one interested to " look over the ground. There is one suggestion we will make: For some time past there have been rumors In the street regarding the probabil ity of an increased rate of dividend on Bhll adelpbia Company. At present it pays t per cent a year, or $2 a share on par. It lias declined Just $2a share, and itis worth as much to-day at 21 as it was a few days ago at 23, because, cholera or no cholera, the company will be able to sell all the gas it may produce. Therefore, buyers now have the advantage of a clear i per cent over buyers of a week ago." Wall Street Straws. J. S. Bache & Co. to Oakley 4 Co.: "It was known before the opening that the steamers Normania and Bugia from Hamburg bad ar rived in this port this morning with cholera aboard of both vessels and some little stock was sold at the opening on this news; still London was again disposed to buy, and -this helped to produce a steady market. The bulls engineered a rally on the shorts and and made them cover and we think the short interest in tho room is pretty well covered up. The large traders are of course short of a line or stock and It remains to bo seen what they will do Bext week. "The bank statement showed about what was expected, and the banks now hold be low $3,000,000 above the legal reserve. This decrease does not include the $2,600,000 shipped to Europe, so that the real reserves in the bank at the present time will hardly figure out $6,000,000. There is no doubt in our minds that the Gould interest is short or stocks and is waiting for a chance to get even with some of the people that made him contribute to their wealth a little less than a yearaeo. It Is known that the money market hns always been his pet way of operating and it would not surprise ns to see the rates lor money harden considerably next week and thereby shake out holders of stocks. "Slilpmonts thfs week or $2,600,000 gold to Europe was a sunrise to Wall street, but the Austi Ian Government Is in need of this gold andmust bny atany co't. Theie was more gold ordered by Europe, but the bankers thought it wise not to ship any more a s it might add materially to the uneasy feeling. Itis, there Tore, more than likely that a couple of millions more gold will go out next week. The cholera is still a menace to the market and as trade with Europe will be seriously interfered with it will retard the shipment of grain nnd therefore keep ox change firm. At $t 87 it is cheaper to buy golJsovetcigns from the Bank or England than to import gold from this side. Any thing that affects general trade is a bad thing for. commerce, and must in time be re flected In the price of stocks. We therefore advise our friends to be conservative and make use of the rallies to sell out their hold ings, fully believing that we will see lower prices ere long." Financial Notes. Duquesne traction closed at 28J29, P.iB traction at 25J2G and P, A 4 M. traction at tt asked. Hill & Co. sold $20,000 Duquesne 5s to H. M. Long at 100 and interest. Caster and W. J. Boblnson were the prin cipal bidders for Switch and Signal and Cas ter bought 15 shares Horn A. J. Lawrence & Co. at 17K- Morris & Brown sold Duquesne traction to Long. The latter was the chief bidder. Electric second preferred closed at 35 bid. Itea Bros. A Co. sold 50 shares Airbrake Company, Limited, at to. This is the first quotation on this stock established by a sale in a long time. U-iclfa Bufus Hatch is quoted as saying that he can't bull stocks while we are im porting cholera and exporting gold. Theie is authority for the statement that a dividend, of 2 per cent upon American Sugar common will be declared about the middle of September unless the directors have obanged their policy within the last day or two, and subsequent dividends will be declared quartei ly at that rate. Clone or the Mnrkrt. A steadier tone was apparent on 'Change to-day and some of the shares, notably Phila delphia Company, Electric second preferred, Duquesne traction and Union Switch and Signal, exhibited a strong recovering ten dency. The general inquiry was good but trading was light. Sales: I20.C00 Duquesne traction 5s .. lOOX 50 shares Duquesne traction 2 15 shares Union switch and signal 17S 10 tliares P. A B. traction 25 6 shares Citizens' traction 62 10 shares Philadelphia Company. a And Interest. Total sale?, 90 shares stock and $20,000 bonds. Closing bids and offers: AXK STOCKS. Bid. Asked. First National Bank. Plttiburg Second National Bank Tradesmen's National Bank ikscra,ce stocks. Armenia.. ........ .................... Peoples.. , Western Insurance Co 1SZ .283 250 75 3 40 NATURAL GAS STOCKS. Charters Valley Gas Co . Manufacturers Gas Co Philadelphia Co 15H 23X 22H 20 , 26 Wheeling uas uo PASSENQEB EAILWAT STOCE3. Central Traction Citizens' Traction.. . 239s 29 C2 60 25,s 43 MX Pittsburg Traction Pleasantvallcy. 25 BAILhOAD STOCKS. Pittsburg, Toungst'n and Ashtabula . 44 i'ltu.. Wheeling Ey MINI-fa STOCKS. La Norla Mining Co 12c ELECTRIC LIGHT STOCKS. Wetting-house 1$ JIISCELLANEOUS STOCKS. Union Switch and Signal Co.. ...... VH 14c mi t isWiitiTwMnteMlsMMMBmiJMMrt 1 if Tii J TMJTMitftwTBMMs1MlsilMlTtftiTC!) wifts ' iwKsBmmHtBmMmr n irf'tufwmtk ii itti iMfilB ii1TfflswTfrfcaJiMiiMim1iWlTaifrrisi Ti nlr1 1 1 iiTsTTnlyrliiiff liirTiflfi nf hi niHiinil ii i'.Jiit't'' ..tAiAiH-i 1t. 2agaKlEJeaBAjJt6fu. .faj sinBKim(HHK Standard TTndercronnd Cable Co....... 7t 7 U. B. Glm Company common. 65 87 U.S. Glass Company, pref. 125 MONETARY. Money ruled ea,sy at 56 per cent all week In Pittsburg despite firmer outside markets and a contlnned gradual Improvement In the demand. Eastern exchange and currency traded even as a rule, though at times the latter medium was in poor shape as to small bills. The exchanges this week show an in crease or S.7 per cent over last week, nnd 16.5 per cent over the like week of 1831. General business improved very materially. New Youk, Sept. 8. Money on call easy at2tpor cent, last loan at 2 percent, olosed offered at 2 per cent. Prime mer cantile paper, 6 per cent. Sterling ex change quiet but steady at $t 86 for 60 day and tt SSJ4 for demand. The exports of speole fr3m the port of New York last week amounted to $3,402,273, of which $2,600,000 was gold and $S52.273 silver. All the gold and $S39,620 silver went to Europe and $12,653 silver went to South America. The Imports of specie for the week amounted to $146,651. of which $132,SSt was gold and $13,777 silver. Bostoh, 'sept. 2. Call loans, ?; time loa .45. Washikotoit, D. C, Sept. 3. A statement prepared at the Treasury Department shows that there was a net deorease of $2,692,711 In circulation during the month ot August aud a net decrease of $5,922,809 in money and bullion in the Treas ury during the same period. The changes in circulation were as follows: Decrease, gold certificates, ,$3t7t,t50: cur rency certificates, act of June, 1872, $4,510,003 and national bank notes. $362,817: increase in gold coin, $707,051; standard silver dollars, $591,024; subsidiary stiver. $250,202; silver, $952 822; Treasury notes, act ol July It, 1690, $2,357,785 and United States notes. $6,596,142. The changes in treasury holdings wore as follows: Decrease In gold coin, $4,099,042: standard silver dollars, $tl,02t; subsidiary silver, $577,209; United States notes, $5,696, 142; gold bullion, $663,483. Increase in treas ury notes, act of July 14, '90, $1,458,652; national bank notes, $691,533; silver bullion, $3,003,957. The circulation per capita Is stated at f2t 31 Clearing House Figure. Pittsburg- Exchangcs to-lay $2,297,837 79 Balances to-day 353,321 44 Same day last week: Exchanges $2,133,8S8 47 Balances .". 679,451 77 The clearings of Hue past two weeks com pare as follows: Exchanges this week 113,895.726 41 Balances, this week 2,70V IM 46 Exchanges last week 13.3fiC.521 03 Balances last week 2.823.163 83 For the week of 1891 corresponding with last week the exchanges aggregated $11,667, 63t 15. Total exchanges to date, 1892. $512,461,754 49; same time last rear, $156,236,077 66; gain to date this year, $56,225,676 83. KewYouk, Sept. 3. Bank clearings to-day, $149,340 932; balances $7,527,586. For the week: Clearings, $6o7.3o0.031; balances, $37,550,559. Boston, Sept. 3. Bank clearings this day, $18,977 30G: balances, $1,708,679. Money, 3 per cent. Exchange on New York, 12c discount to par. For the week: Clearings, $S5,000,722; balances, $9,744,360. For the corresponding week last yean Clearings, $90,414,408; bal ances, $9 425,277. Philadelphia, Sept 8. Bank clearings, $15 325,769; balances, $2,U7,362. For the wiek bank clearings were $66,618,013; balances', 410, 055.596 Money 3 per cent. Baltimore, Sent. S-Bank clearings, $2,301, 188; balances. $374,872. Money, 6 percent. CniCAoo, Sept. 3. Money firm at 44 per cent on call and 57 per cont on tune loans. Bank clearings tor the day, $17,414,694; for the week, $101,267, 909. New York ex change, 70c discount. Sterling exchange steady and unchanged. St. Louis, Sept. 3. Bank clearings, $4 005. 728: balances, $440,953. Clearings this week, $22,846,483: balances, $2 886,323 Clearings last week. $21,514,882; balances, $3,440,520. Clear ings for corresponding week last year, $22, 004,831; balances, $2,232,123. Bar Sliver. New York, Sept. 8. Special. Bar silver in London unchanged at 38d per oz. New York dealers' price for .silver Ho lower at 83c per oz. Foreign Financial. Pints, Sept. 3. Three per cent rentes, lOOf 50c for the account. Aktwehp, Sept. "I. Petroleum, 13f, paid and sellers. Losdos. 2 T. JC, close Consols, money, 96 13-16; do, account, 96: New York, Penn sylvania and Ohio lsts, 32: Canadian Paci fic, wy,: trie. zo: uo Mas, iw$; Illinois cen tral, 100; Mexican ordinary, 25: St. Paul common, 83W: New Tork Central, 113; Penn sylvania, 55: Reading, 27; Mexican Cen tral, new ts, 68; bar silver, S8d; money, per cent. Kate or discount in the open maritot for short and three-months' bills, 15-161 per cent. A GOOD WEEK IN REALTY. A. FalrNnmbcr of Sales Closed Up, Fur ther Progress Made In Deals Long Vending and Now Ones Commenced Operations Cover All Classes of Prop er: y Becord ot the Day and Weelc Satukdat, Sept. S. The realty market has shown an improved undertone during the week ending to-day. Progress was made on a number of big deals in both suburban and city property that have been pending for some time; a number of new deals were com menced; sales ot all classes of property were fair: tho Inquiry gained force: agents talked in a more cheerful strain and all Indications pointed to an In creased volume of business. The rates that were reported, particularly of city residence and business and choice suburban unim proved property, reflected great con fidence in present values and faith in the future, and many of them showed a material incrtjase over prices paid six months or a year ago for kindred proper tie". Building was carried forward on a large scale, especially in the dwelling house line, and preparations to meet the demand for medium-priced lots and houses were commenced in various sections or the two cities nnd outlying boroughs. As a. whole the week was a satisfactory one from every point of observation. Tho fol lowing record for the week, compared with that of last week, tells its own story: Week ending Week ending Sent 3. Am 37. Kcal estate transfers ISO fITl.CT 183 $403.531- Building permits 09 161,403 64 2)1,418 Mortgages' 74 121,345 190 819,726 Purchase money mort gages 64 H2.S7S 48 48,338 B. i, h. A. mortga'CS. 41 61,279 65 75,120 Mortgage payments'.... 141 737.113 308 155,087 Judgments 116 10I.3U 7o 48,133 txecutlons 23 30,579 14 11,807 Exclusive of to-day's record. Items of Gossip, Several fine dwellings are being erected on the Marshall property fronting on Imbrie avenne, Tenth ward, Allegheny. The houses are being built by woll-known Allegheny business men, who will occupy them when completed. Agents report a large Increase in the sale of houses and lots in the vicinity of Scbenley Park. The deal In Point Breeze property. Involv ing about $30,000, re (erred to In this column a few days ago as being under way, was not closed to-day as was expected. At tho con ference held this afternoon the owners re fused to accept a price lower than tho figure mentioned, and the Intending purchasers declined to go above their price, a few thou sand dollars less. Though the deal is off for the present, an early sale Is probable, as the property is in si eat demand. A fale of Smithfleld street realty In close proximity to the Solomon & Bubon block Is very likely to be closed before a great while. Negotiations aro now on and the prlco asked iorii,aoout sizu.uuu, win in an ptoraoility bo paid. II the sale occurs Smithfleld streoi will likely bo graced with another Improve ment in the way of a new business block. Messrs. Lai kin & Eennedy are negotiating for the sale of a valuable piece or property on Fifth avenue east of the Court House and report the deal as likely to be closed in a lew days. Unlldlng Permits. The following permits were issued to-day: Charles Braun, a frame two-story dwelling. No. 53 Bidge street, near South Eighteenth street; cost, $1,1CL Charles Dlttmeyer, a frame three-story dwelling, Brereton ave nue, near Twenty-eighth, street; cost, $2,000. B. Blllingham, a frame two story dwelling. No. CI Wicklow street; cojt, $800. The Latest Transactions. Samuel W. Black & Co. sold lot No. 41, 60vll5 feet, on the west side of Jonette street, in their Highland Park plan to H. H. Clark, Jr., for $2 500. This plan of lots has excited considerable interest among specu lators principally because of Its location, ad joining the park, and the opening and grad ing at Jonette strcot to Stanton avenue, making it the main thoroughlaro into the Eastern side of tho park, and the many iinpiovements now being made in that vicinity. The grading or Stanton and Win terton streets, we are informed by the own ers, will bo prosi cuted without delay. Charles Somer.s A Co. sold to Mrs. Sfary Cayagncro, for ILS00 oath, lott No t tva4 t, J each 25xt0 feet to an alley, in Robert Swan's new plan of lots, sltnated on Perrysvllle avenuo. Tenth ward, Allegheny. This plan is Just being tint on the market, and Is ad vertised for the first time in to-day's issue of The Dispatch. Itis expected to sell rap- M. F. Hippie & Co. sold for John Stippicn to Mrs. C. if. Moore, for $6,750, a two-story nnd mansard eight-room brick dwelling with lot 22x111 feet, ou the West side of Meyran avenue, Fourteenth ward. Peter Shields reports the following sales: ForSchenley Park Land Company, lot No. 8, 25x125 feet to a 15-foot alley, located on Gertrude street, Twenty-third ward, for $550; also, a5-room modern frame dwolling. lot 25x 100 feet to a 20-foot alley, located on Haldana street, Twenty-third ward, for $2,500; also a 5-room frame house, bath and all modern conveniences, lot 30x90 feet, located on Lyd la street, in William Flinn's Greenfield avenue plan, Twentv-thlrd ward, for $2,500. This makes 16 lots'and S houses sold during the past week in this ward. Graebing & Lyon sold for J. C. Dick tho following properties: A brick houso of ten rooms and a lot 10x120 on Second avenue for $6,500 and three frame houses, with a lot 80x 80 reet on Mt. Washington, ror $9,500. A. M. Tressel & Co. sold for the B. A. Elliott Company to Thomas Holster, a lot 21x115 feet; being lot No. S3 in tho Elliott plan. Tenth ward, Allegheny, for $525. Baxter, Thompson & Co. sold for John A. Graver a new two-story mansard brick dwelling ol seven rooms, situate on the cor ner ot Ledlle and Cliff streets. Eleventh ward, wsth a lot igxbz tor $3,000 cash. D. Behcn & Son sold for George McCready and w Ife to Johnston McCroskoy a lot 20x 100 feet on Fenn avenue. Sixteenth ward, fcr $950. John E. Ewlng & Co. sold to Mrs. B. S. Ewing, u lot 50x150 on Cedar street, In the Watson plan. East Bellevne. for $800 cash. Black & Balrd sold to Mis. S. A. Wilkin son property situated corner of Gray and Hall streets, being a two-story frame house with a lot 30x125 toet to an alley, for $3,600. The Bnrrell and Kensington Improvement Companies report the following sale of lots at Kensington, the new manuiacturing city on the Allegheny Valley Bailroad: James M. Bain, Homestead, lot 290, block 26, tor $1,025; Anton Tolksdorf, Creighton, Pa., lot 1112, block SO, for $Sa fcl; Andreas Mnrienreld, Creighton, Pa., lot 1111, block 30, for $325 ft; William L Goldstein, Allegheny, lot e, block 6, lor $787 50: Anton Babln, Pittsburg, lot 63, block 1, ror $488 75; Peter, Charles and George Krummel, Pittsburg, lot 356, block 25, for $877 50; Mrs. Louisa Von Dera, Allegheny, lots 67 and 68, block 5, tor $1,575; Domonico Capitani, McDonald, north half ol lot 17, block 8, for $325; Simon Becker, Pittsburg, lot 11, block 22, ror $566 66: Mummford Bros., Kensington, lot 27, block 15, and lot 25, block 16,for $1,200; John O'Donnell, Pittsburg, lot 85, block 5, lor $787 50; Mrs. Mary Wakefield and Mrs. Marv Strathen. Kensington, lots 71 and 72, block 27,for $1,165 96; James W.antl Minnie Ackman, SoursentP. O., 1'a., lot 1109, block 30, lor $100. E. T. Schaffner, the hill-top real estate agent, sold for the Birmingham Land Im provement Company lots Nos. 19IJi and 192, on Phillips avenue, in their South view plan, to Mrs. William G. White, of tue Southside, for $500. AN UPWARD REACTION Led by the Coalers, Sugar and Soma of the Specialties Fresh Arrivals or Plague Ehlpi and tho Publication of Bad Bank Statement Without Effect. New York, Sept & "With a better understanding of Jthe question at issue be tween the Beading and the Pennsylvania Bailroads over the tolls on coal, there was a disposition on the part of local operators to undo the damage they had done in the prices of the coal snares yesterday, and there was a material rally in all of them. The cholera scare has evidently had its day, as the report that several new cases had been brought Into port failed to create even a ripple of interest in tho board. The manipulators of the industrials were again at work and were prominent buyers of sugar, though the improvement was prob ably legitimate taking into consideration the possible interruption of supplies aoroad. There was an attempt to take advantage of further liquidation at the opening, but, while first prices were all from f to ) per cent lower than those of last evening, offer ings of stocks were limited, and the shorts were compelled to turn their attention to buving to cover immediately. The activity in Beading, Sugar and St. Paul was still marked, but the recoveries In prices were most conspicuous among thoso shares which have been unduly depressed by late drives, and the Coalers, Sugar and several specialties like Pullman, scored handsome gains on a much smaller business than sufficed to depress them. Beading milled to 55, but Jersey Central rose 3 to KSy.; Delaware and Hudson 2 to 131, and Lackawanna 2 to 155. Sugar, in tho mean time, rose lroui 108 to llljj, closing at 110. The unfavorable bank statement had no apparent influence and the market closed quiet but firm, with most stocks at fractions better than last evening. Bailroad bonds were qnlet and few issues were traded In, but the movements In a few bonds gave tho market an animated appear ance. Government bonds were dull and steady. Close of the list: U. S.43 reg 1I4K Mutual Union Cs...110 N. J. C. Int. Ccrt...lll Jortticrn Pac. lsts. .110)4 Northern Pac. 2dMI4 Nonhwfn Consols. 137 No'hw'n Deben.5s..ll0 IT. H. 48 COUp 1 15 '4 U. S. 4s reg' 109 Pacific 6s or '05' 1117 Louls'na stamped 4s 82J Jenn. new set bs. ....jw rfenn. newet5g 95 St.L.Jt I.M.Uen.5s.. 85V St.L.&S F.(ien.M..mi Tenn.new set 3s 75 Canada So. 2d 101 Ccn. Paclfle lsts... .1055 it. Paul Consolst..-.129 st. P.. C. & P. lsts.. 118 T. P. L. G. 1 r. Kcts. S3 Ben. R K. u. lsts. ..119 Den. 1B.I1, 4s..... 83 Erie 2ds 103)4 M K. Jt T. Gen. 6s. so M., K. & T. Gen. 5s. i&X T. P. R. G. Tr. Rets. 29 Union Pac. lsts.... 10G)f West bhoret UBV R.&G. W 783 Bid. tAsked. Mining shares closed as follows: Crown Point.. 60 Con. Cal. Va 822 Dcadwood 214 Gould & furry 00 lialeA Norcross 83 Horn 'stake 1425 Ophlr J20 Plymouth 7s Sierra Nevada 140 Standard 145 Union Con 122 Iron Silver CO Quicksilver 3.10 ulctsllrcr pfd 1700 ulwei zs Mexican 120 North Mart 650 Ontario 3300 1 tAsked. The following table shows the prices of active stocks on the New York Stock Exchange, cor rected dally for Tjie PrrcsBuno DisPATcn by Whltnev& Stephenson, oldest Pittsburg meinberi of New Tork Stock Exchange, 57 Fourth avenue. Clos- Close Open High Low lng Sep. lng. est. est. Bid 2. Am. Cotton Oil 41 41M H)i 4i 4IJ, Am. Cotton Oil, pfd 77 774 Am. Sugar Rer. Co.. 103 MX 10S 110H 10$ Am Sugar R. Co. pfd. I03H 102K Atch..Top. 4S.T.. 86 87 36 as?, 87 Canadian Pacific ...... ...... 87J4 87J Canada Southern.... S&'A 57 SIX 66)4 53)4 Central or N. Jersey 127 129M 127 128S lttx, Chesapeake Ohio.. Kt 22H 22 22H S2tf C. AO., 1st pfd 60 61)4 C.&0..2dpf.l 40 42 Chlcigo Gas Trust.. 80S 81)4 80M 80V 80 C. Bur. & Qulncv .. WX 100 98 9Jj 99H el Mil. & St. Paul.. 81) 81H 80)4 80 81)4 C. Mil. &St. P.,pfd 12H) 121V C.! Rock 1. P 80H 803 80 80 80H C. St P.. M. AO... 49 49)4 49 49 49 c,st.p..Ji.&o..prd 116 1154 C. ANortliwestern.. 1UH 1UH lWi MK 1UH a. a. c. &i 63H 63)4 em 6: a Col. Coal & Iron S7 83 87 37H 3714 Col. & Hock. Val.... S1H )i 3l l 31 Del., Lack. A Y.... 152)4 155M 152)4 1M)S 1H Del. Hudson 130 131 130 130 IMS Den. &KI0G ivt 15)2 Den. A Rio G.. prd 47) Dis. A C. F. Trust. . 47M 47 47 47J, 47M K.T.. Va. A Ga. 4 4 Illinois Central 69 99 99 88 SS'i l.ake Erie A W. 22 22V 22 22)4 22 Lake Erie AW, pfd 7554 75! 75 74X 74 Lake Shore A 51... J31S4 13l, 131 I31H 131 Louisville A Nash... 66X 66J 65 66H 66 Michigan Central... 105 101 105 104 104 MlssoSri Pacific 58H 59-4 US 59)4 63K Nat. Cor. Co 130 1315J 130H 131 131)4 Nat. Cor. Co., ptd.. 116 116 115 117 Nat. Lead Co 40 40T 40 40 40! Nat. Lead Co., pfd. 91)4 92)4 91)4 tlH 91 N. Y. Ccn. UO 110 N.Tt., t. A8t.L 17 17 N.Y.C.ASl.L.lstpfd 72 72 N.Y.C.ASt.L.2d pfd ...... 81 33 N. Y.. L.E.AW... 257 MX 25 X 26 N.Y..L.E.A W..pM 02 62TJ N.Y.AN.E 33 34)4 3335 S4H 34!, N.Y.. O.AW 18)4 18)4 18X ll 18)4 Norfolk A Western 11 11 Nor. A W est., pfd 41 40t( North Amer. Co.... 12J4 12H 12)4 KH Kh Northern Pacific... 19)4 MM 19H 19)4 19)4 Nor. Pac., pfd 51) MS 64)4 64)4 64)4 (II1I0& Mississippi 20)4 20)4 Oregon Improv 20 19 Pacific Mall 80)4 30 30)4 30V 30)4 Peo., Dec. A Evans. 16X 16)4 Phil. A Read 54 55)4 MH 54H 54)4 Pullman Palace Car. 19o'4 195 190H 193 191 Rich. A W. P. T.... Bh S 83 83 8 Rich. AW. P. T.. pfd 37 87 fat. Paul A Dulutil 42 42 St. P. A V.. pfd. 103 103 St. P., M. A 31 113H 11314 Texas Pacific 10 10 10 974 974 Union Pacific S7X 37M 37)4 87)4 37)4 Wabash 10X 1074 Wabash, pfd. 24 24 23V 231) 23. Western Union S4X 95X 9X 94H 4H W. AL.E 25 VK 23 25)4 23M W. AL. E., pfd 65 65 B. AO 93 95;, flotf KM 9634 Itoaton Stocks Cloning Prloea. Atch. ATop 35X Franklin ... UK ... iox iioston A Aimnj....jja Itoaton A Maine 175 nearsaree. Osceola 8a Chi.. Bur. A Qutncy 9-JJ4 Santa he Copper.... 10 eastern t.. k. ( ics i-llctiburg IS. R 87)j Mass. Central IV3 Mex. Cen. common. 14)4 N. Y. A N England 34 N. Y. AN. E. 7....11 iamaraca ,..iaa Annlslon Land Co.. 20 Boston Laml Co 5 West End Land Co. 17X Kc'.l Telephone 202 Latnson Store S 17'4 AllouezM. Co. (new) 90 Atlantic. 10 CcutennUl Mining. T I aier .rower. n AMONG TEE OIL WELLS. The Moore Oil Company's Venture Showing for a Producer. LIGHT WELL WEST OP M'DONALD. Slstenville Extended to the Southwest bj a New WelL A BUTLEK HAN'S DRILLING MACHINE The big wells of the McDonald field have fallen once more, and yesterday the pipe line gangers had only one to report. It was Greenlee & Frost's No. 6 on the Marshall farm, which is located abont half a mile southeast of Noblestown. ' The Boyal Gas Company's No. 1 on the Mark Bobb farm, located a mile north and west of McDonald, was dropped from the list. It has been making 20 barrels an hour for some time, but yesterday it fell be low this amount and wasleftoff the returns. The chances are that it will be given a shot in a day or two, and once more be placed among the few that are now classed as big ones. There were a number of other wells agitated, and from up fiom four and five to 12 and 15 ban els an hour, and on the strength of this the production of the field was estimated at 18,500 barrels, or 500 more than the day before. The Moore Oil Company's well on the Oik Bidge Coal Company's property, half a mile east of Oakdale, was reported late last even ing to be in the top of the flltli and with several hundred reet or oil in the hole. No change was reported yesterday from the Forest OU Company's well on the De vine farm in the northeastern end or the McCurdv pool. They were still drilling nt it, but had not succeeded in bringing the production up to any Btaitling figure. It will probably be shot after they get through the sand. Stewart A, Bohlson aie starting on the McCoy farm which Joins tho Devino on the southwest. W.! P. Rend's No. 2 on the Santera farm, southwest of McDonald, is due in the Gordon sand early this week, and his No. 3 is drilling at 1,100 feet. Will Bo n GO-Cirrel Welt. The Devonian Oil Company has shot its No. 2 on the McDonald Bros.' property, west of McDonald, but it will not be better than a 50-barrel well. This company has Just started to drill eight wells in the McDonald field. Tney are their Nos. 7, 8 and 9 on the Elliott farm, Nos. 3 and 1 on the J. W. Bobb, . No. 5 on the J. H. Bobb farm, No. 2 on the Wettengel and No. 1 on tho Mertz in the Ion er part of the McCurdy pool. J. M. Guffev & Co.'s No. S on the Kate Shane farm is down about 1,500 feet, and their No. i is drilling nt 600 feet. Russell, McMullen & Co.'s No. 5 on the Robb farm will be in early this week. Their No. 6 on the same tarm is down about 1,800 feet and No. 7 Is down 1.5C0 feet. The People's Gas Company's No. 152 on the Kelso (arm will be finished this week, and they are down 400 feot in No. 153 on the same farm. The Oakdale Oil Company Is still pegging away at a number of holes. Its No. 1 on the Kobb is down 1,400 feet, and No. 2 Hutchinson is drilling at 700 feet. The Woodland Oil Company is drilling No. 3 Crawford; No. 1 J. H. Robb, No. 1 John Kobb, No. 1 Gladden, No. 1 E. G. Alexander and No. S on the Scott heirs' farm. The Northfield Oil Company, which is tho producing end of the Royal Gas Company, is drilling Nos. 2 and 3 on the Mark Bobb laini. Neither well ts yet down 1,000. Malarkey & McMillan's No. 3, on the Free man property, half a mile west of Oakdale, is down 1.500 leet. W. C. Kennedy & Co. are down several hundred teet in their No. 3 on tho Kennedy farm in the old Fife pool. Fltzgibbons & Co. expect to drill in their No. 6 on the Walker farm the last of this week. Caldwell & Mays are down 1,500 reet in No. 1 on the Bobb property and No. 3 on the same farm is 1,000 feet deep. Extending the Slstersvllle Flrld. Sistkksvillk The Devonian Oil Com pany's test well on the F. B. Wells farm, located a mile and a half below town, was reported at the office of the company yes terday to be in the top of the sand and making 35 barrels of oil and 1.00J barrels of sale water a day. It advances the territory considerably to the southwest. The same firm Is building two rigs on the Keener heirs' farm, 2)i miles southwest of Slstersvllle. A New Drilling Machinr. The OU City Derrick says: G E. Glenn, of Butler, has been in the city for tho past two months superintending the construction at the OU Well Supply machine shops here, of his newly patented portable drilling machine and traction engine. The machine will be tested at the grounds of the new hospital on Hasson's hill, where it will bo used to drill a water well from 700 to 800 feet deep. The machine is built entirely of Iron and steel and weighs 8,000 pounds. It uses a combina tion of the style of tools now used in drilling oil wells, and those of the diamond drill. TheJnventor claims for it that it will drill a hole from ii inches to 8 inches in diameter to a depth of 1,100 feet. It consists of a trac tion engine, boiler and derrick, the latter mast shaped and built of steel and so arranged as to lay back on the engine when not in use. The machine is equlppod with two walking beams, fitted with coll springs that prevents the strain of the weight of the tools fiom bearing upon tho engine. The regular tools of the driller are used until the hard rock is passed and a sample of the strata is desired when tho dia mond drill is substituted. This drill is a tube of steel 12 feet long, in the lower end of which Is fitted seven diamond', so arranged as to cut ont a section of the desired strata 3 inches in diameter, 12 feot In length. In a prevlons tot a similar machine drilled 12 feet in 2 hours. The time required to change from the bit to the diamond drill Is 30 minutes. Tho inventor claims his machine is especially valuable in piospectlne for mineral, as by the use of the diamond drill a perfect sample of a desired strata can be secured at any depth. The tools are all carried on the engine, every part of which is fitted with powerful brakes. It is guided by a brake beam and it is claimed it can be made to climD any or-i dlnary hill passable for wagons. The Gauges. The production of McDonald was 18,500 yes terday, 5C0 more than the day before. The hourly gauzes of the larger wells at McDon ald yesterday were as follows: Greenlee &Forst'sNo. 6 Marshall, 30. The estimated reduction was 13,500; stock in the field, i.000. Bans and Shipments. National Transit Company runs were 30,634; shipments, not in. SouthwasfPennsylvania runs from Mc Donald wore 16,730. Oatsldo of McDonald, 6.800. Buckeye runs. Macksburg division. 3,962; shipments, none. Sbinments from the Lima division notin;runs,37,539. The Eureka runs were 13,914: shipments, not in. Southern Pipe Line shipments, not in. New York Trnnslt shipments, not in. The Tidewater Pipe Line runs on the 2d were 8,497. Total, 6.459, average, 3,229. Ship ments Friday were, 23,903: total, 23,908; aver age, 11,954. The rnns from the Slstersvllle field Friday were 9,382 barrels. The Oil market. Bange of the October option: Opening, 55c; highest, 55c; lowest, 55c; closing, 55c. Refined oil Now York, 6.10c; London, 4J 4 13-16d; Antwerp lower at 13 f. New York, 8ept. 3. There was no busi ness in petroleum certificates to-day, and the market was utterly neglected from tho opening to the close. A IHK1VING INDUSIBY. The Campaign Will Naturally Increase the Production of Tin Plate. According to B. L. Livingtone, of Cin cinnati, who is specially interested in the tin plate industry, the production of that material in the United States for the last fiscal year was 13,646,719 pounds. This was of tin and that which is termed tin andterne plate proper. In conjunction with this was turned out American sheet iron or steel, tinned-coated, 4,828,228 pounds. The introduction of tin plate helmets and armor for marching clubs during the cam paign justifies the prediction, he said that next year's production will amount to over 200,000,000 pounds. Twenty-nine out of 42 tin plate companies are now in active opera tion, with an annual capacity ot 20,000,000 pounds for tinned or terne coated and loO,. 000,000 pounds of plates of the same. . . , .. .,.., A meeting of tho Grand Army Day Com mittee was held In Municipal Hall yester day afternoon for the purpose of settling up the buslnoss of G. A. E. Day. A check from the Pennsylvania Bailroad Company for $118 05 was presented, being the amonnt of the rebates for tho passengers carried to Bock Point on Grand Army Day. There was somo surprise in the oommitteo that the attendance was not larger, as the gen eral impression was that it was consider ably in excess of whnt thti figure represents. On this account the matter was referred back to tho Transportation Committee, with instructions to inquire it any mistake has been made. Tho fact that tickets were sold to all ap plicants whether they held card orders or not was the subject of remark at yesterday's meeting. However, the opinion was ad vanced by some comrades that the railroad company is obliged by tho law to sell tickets to all applicants. Another meeting of the oommlttee will be called as soon as the Transportation Com mittee Ia ready to report. Attention, Pennsylvania Reserves ! A reunion of the Division of the Pennsyl vania Reserves will be held at Washington on Wednesday, September 21. At noon on that day the Reserves will meet at their headquarters, No. 1333 E street, and move in procession to the White House, where it is expected it will be roviewed by the Presi dent; thence they will proceed to George town. There they will take electrlo cars, to Tennallytown, where will be provided a col lation and the exercises Incident to the oc casion will be held. On September 10 head quarters will be opened at 1333 E street, and every member arriving in the city is re quested to report and register there as soon after his arrival as practicable. Tho Visited Indiana. Senior Vice Department Commander W. O. Bussell, accompanied by Comrades H. H. Bengough, of Post 157, and John C. Slas, of Post 151, officially visited Post 28 at Indiana, Pa., last Thursday evening. The meeting was a large and enjoyablo one and the visit ing comrades were royally received and en tertained. Fine addresses were made nt the meeting by Comiade Judge Harry White, Cantain Nesbir, Senator Sloan and others. Ex-Senator George W. Hood took charge of tue Pittsburg comtades and showed thorn every attention and courtesy. They hopo to reciprocate fo.- their royal entertainment on some future occasion. A New Post Near PIttsburs. A new post Is to be added to the list in Al legheny county. It will be at Natrona and its nnmber will be 405. Comrade J. D. Me Farland has been appointed the special mustering officer. Ho will likely make his details this week and comnlete the arrange ments for the mnster. There will be a large! attendance of Pittsburg and Allegheny com rades at the muster in service. Picket Gossip. Post 155 had one of the most interesting meetings of the ye,ar last Friday night. Comeads Thomas E, Bos, of Post 155, who has Deen very ill, is happily improving. Post 1G2 is increasing in numbers rapidly. Another comrade was mustered in last even ing. Comrades Al Askiss and John McSbane, of Post 157. look natural in the ticket office at the fair. Post 162 will leave for Washington on the I7th Inst, at a o'clock A. M. on the Baltimore and Ohio Bailroad. Tost 151 will meet early next Tnesday evening, adjourn and proceed to Post 157's fair at Turner Hall, Forbes street. Post 157's meetings havo been suspended during the fair. There wis none last week and will be none the next two weeks. Couradx Johit Gray, of Post 83, who has been, lying qulto ill at his home, on Superior avenue, Allegheny, is somewhat improved. Post 83 is getting matters In shape ror Its silver anniversary celebration October 17. The committees aie at work, and they prom ise a successful affair. Comradi L.M. Armor, of Post 162, although not an admirer or slugeers, is delighted in looking at a Hue horse and carries about him pictures of the finest. Comrade A. F. Scott, of Post 163. has just returned from Washington, where he com pleted all arrangements for the accommoda tion of Post 162's members. Coiihade W. T. Powsii, of Post 15L has re turned from a two weeks' vacation spent at Atlantio City. He has entirely recovered his health and is now in flue trim. Post 1C2 had tho pleasure of looking upon the bright countenance of Comrade John M. Brown, or Post 128, last night a week and of a number of other visiting comrades. Comrade Fraxe: Calhocx, of Post 157, is laid up with a very severe cold. He is in hard luck, having only recently recovered from the murderous assault ot a drunken guards man. Comrade S. S. Ferousott, of Post 162, wishes to inform the comrades that ample pro vision has been made for the accommoda tion of thoso comrades and wives who de-. site to attend the encampment. Mrs. Armiqer, wife of Comrade J. B. Ar- miger, of Post 155, is very ill. ner many friends hope for her early recovery. Mrs. Armiger is one of the most active members of W. B, a No. 22, auxiliary to Post 155. Majt rumors are afloat concerning Com rade Thomas Fordlng's gay conduct while at Atlantio City, and ills comrades are anx ious to learn the details. Comrade W. O. Bussell, who was with Fording, refuses to divulge. Chaplain W. G. GnriTiTH, of Post 88, upon the urgent solicitation of his friends, has promised to rush the major part of his bees into the hives, but at the time 01 election would not be responsible if they kept np a continuous buzzing. A kumeer of Post S3s comrades took in tho Roundhead reunion at Now Castle last Wednesday, among them. Comrades Morri son, Griffith, Stevenson, Mcl'onnell and Sheriff. The rennlon was as enjoyable as its predecessors, which issaylng a gicat deal. Umder Commander D. II. Speer's ablo ad ministration, Post 155 is getting along nicely. Last Friday evening there wore six rein statements and one new member elected, besidos two new petitions, for membership. Comrade Hunter delivered an oration. Hereaf tor, at each meeting, thore will be an oration by some comrade. A meetixo or Union ox-prisoners or war will bo held In Union Vctoian Legion nail. No. 77 Sixth avenue, to-moriow at 7:30 r. M. All Union cx-piisoncrs ot war are invited to attend. Tn purpose of the meeting is to trnnsnet business of importance concerning the twentieth annual convention of the Na tional Association to be held in Washington, D. C, during G. A. E. week. Post 157's fair In Tumor nail. Foibes street, is a success in every way. The class of young people who attend tho dances is a superior one, and the enjoyment of this fxscinating pastime until 11 o'clock each evening is unalloyed. There is a quiot nook downstalis wliero the older folks enjoy themselves. The prospects aro that the re lief fund will receive a bamlsomo addition. Elaborate arrangements aro bolng mado in Chattanooga to entertain Pennsylvaniansi who will attend the leunlon of the Socloty of the Army of the Cumberland next weok. Several huiidrod survivors of the Seventy seventh, Soveiity-elghth and 8oventy-ninth Inlantry, Ninth Cavalry and Knapps Bat tery, the nvo commands that participated in tho battle or Chlckatnauga, will bo present. t Cnlon Yctcran Legion. Comrade .Taxis W. Hats, or No. 6, is re- Sorted miSBing from hi place or business. : la investigating the hills and dalis ef lisavar oQuniy for row days. Cuujasucar. Ombcux, stf a U.T.J L. at Bradford, Pa., attended the reunion at New Castle. The boys or his old company, K, did not know him as they had not seen him sinco 1865. Tnx name of Qnartermaster General Blair will likely be presented at Indianapolis for National Commander. There will be no opposition to Chaplaln-in-Chief Danks for re-election. Tiie veteran Commander of Post 88, J. P. Stewart, also a comrade of Encampment No. 1. assisted In captnring Jfew Castle last week. Ho got a square mal. for which he was proporly grateful, as such grub is not eceii every aay. Some of the members or No. 6, through force or habit called at their hall. No. 49 West Diamond street last Monday night bnt there was no meeting. They had lor- Sotten the change to second and fourth onday nights. A yLAQSTArr will likely be erected on the headquarters building of Encampment No. 1 on Sixth avenue. It is proposed to raise the national flag every Monday, indicating the night of meeting, and when a member dies to place the flag at half mast. . Josiph F. Caldwell, of No. 1, the Butler street druggist, presented his six feet of nnatomy to his old comrades of Company K, One Hundredth Pennsylvania VoInnteers,ac New Castle on Wednesday. Joe was so tall and slim when he enlisted in 1861 that the boj s called him the '-Pennsylvania ramrod." The following pension claims allowed dur ing the past week are reported by J. H. Stevenson & Co.: WUIlam V. Austin, Pitts burz; James Bloom, Toronto, O.; Joseph Fisher, Springdalo; Gubrlel Kelley, Pitts burg; Charles F. Sheriff, Allegheny; George Lutes, Venitia, P.i.; Mary McCarnlsh, Pitts burg; Catherine Etzel. Allegheny; Hermon E.zel, Frances Gault, Pittsburg; Leah Dunn, Pittsburg; Martha Morgan, McKeesport; W. C Hunter, Pittsburg. No. 1's meeting last night was the largest held this year. Past National Commanders Chalmers, Pearson and Hay were unani mously elected rerpesentatives to the Na tional Encampment, which was a worthy compliment to them. A friendly and fra ternal feeling was apparent in the selection of all the other delegates and alternates, which Insures unity of action in No. l's rep resentatives in wot King lor tno uest inter ests of the order. Esoampmest No. l's delegates to the Na tional Encampment at Indianapolis were elected at last Monday night's meeting. They nre: Quartermaster General F. L. Blair, Chaplain in Chief John A. Danks, Colonel C. F. McKenna. Captain Georgo B. Chalmers. General A. L. Pearson, Captain A., B. Hay, William Corbel!. Captain F. C Dor rington, Captain W. M. Dalghesh, W. J. Draher. Charles F. Franke, Colonel W. W. Fullwood, General George A. Gallupe, Captain Thomas H. Hunter, Charles Ilolvland, Colonel Willtam Humphreys, J. M. KIser, Hon. L H. Kerr. E. T. Saint. John II. abort. Dr. C. P. Selp and Colonel E. E. Zeigler. The alter nates are: Arthur McFadden, M. J. Hickos, Colonel A. Blakeloy. A. H. Bowand, Jr., H. P. Callo, Colonel S. W. Hill, L X. Eirkpat rick, S. M. Evans. Colonel L. B. Duff, W. N. Haymaker. W. H. Speer, K. W. McKee, Thomas McKee, Matt Sloan, W. IL H. Was son, H. McLaren, L P. McKee, L H. Uoffer and L. B. Bicl.ards. Contributions for this department should reach The Dispatch offlco by noon Satur day. These columns are open to all secret organizations, but nows, and news only, will be printed. Space Is too valuable to be given up to the dlsciplino of delinquent members, notice of moetings, praise of indi vidual lodges, advertisement of orders or mere personal puffs. i. o. o. rr. Pittsburg Encampment No. 2 will confer the patriarchal degree on two candidates Tnesday, September 6, at the hall, 91 Fifth avenne. K. A. Lamberton Encampment No. 125 will mcot next Tuesday night ut its hall, 67 sixth avenue.when it will have work and election. A keg of nails will be opened. Pittsburg Encampment No. 2 will meet at Its hall next Tuesday night for work in all the degress. There will bo election for offi cers also on this night and a large turn-out is expected. Garfield Lodge No. 1010 will confer tho ini tlatoty degreo Monday night, Septembers, at its nail, corner Penn and U'tnebidrtle ave nues. It would like to see all the brothers that take parts In the team present on this night. The staff of J. B. Nicholson Lodge 585, 1. 0. O. F., In addition to conferring the third de- ?ree on two or its own candidates, will con nr the first degree on 21 Initiates of C. D. Freeman Lodge 103S at.their hall, 41 Franks town avenue, Thursday evening. An Invi tation is extended to all to be present. Hazel Glen Lodge No. 1043 will confer the first degree Saturday, September 10, when nil brothers are invited to attend. This is one of the young lodges and Is fast forging to the front. It will soon be numbered with ihe best lodges in tho district. It will give a grand excursion down the Ohio Monday, September 5. All friends are cordially in vited. Aide-de Camp Captain 5. J. Eckstein, of Canton Allegheny No. 32. P. M., hns returned from the State .Encampment which was held at Lake Ariel, near Scranton. As this was the first encampment of tho P. M. the hoys nre highly pleased at Its success and tho Brigadier-General, Ed C. Deans, is very much elated by the mngniflcient success of their first attempt. The chevaliers of Can ton Allegheny No. 31 P. M., are very much pleased at the success of Captain G. J. Eck stein, who received a handsome prize for the best mount. Pittsburg Lodge No. 836, tne old reliable, started work last Friday night by initiating two candidates and it was away up in G. The improvements made dnring tho vaca tion were highly appreciated by the many visitors from McKeesport, Glenwood, East Liberty and two or three were present from Ohio and Kentnoky. The Southside was also well represented and each and everyone commended the lodge highly on its work and membership nnd they all say that they cannot see whore ic can be improved unon. This lodge will confer the first degree next Friday night and would llko to see the hall packed. A very large and enthusiastic meeting was held on Wednesday, August 31, at Odd Fel lows' Hall, East End. in regard to the insti tution of tho new encampment, which wUl take place at an early date. Abont a dozen lodges were represented. A large number of names were secured, Garfield No. 1040, Freeman No. 1031 and W. H. Devora No. 676 contributing the majority. Speeohes from the D. D. G. P. and a number of en campment members were the order of the evening and were well received. The new encampment has secured Mystic Chain Hall foraplaceormeetlng. All are cordial ly invited to be present on next Friday evening, September 9. Jr. O. V. A. 91. The new public school of Brnshton, will receive a fias lrom Wilkinsbnrg Council 92, to-mon ow afternoon. W. T. Kerr will make tho presentation address. Fort Pitt Council Na 220 expects to hold a very Interesting meeting to-morrow even ing Thero will bo some good speakers ptesent and also several visiting councils. All members are requested to be present. W. T.Kerr, nn behalf of Amorlcus Council 218, of Homewood, presented a fl-ig to the new public school of Homewood, on Thurs day evening. Addresses wero also made by City Supt. Geo. J. Luckay and Mayor H. L Gourley. Nelson P. Beed Council, organized by O. P. Cochran, of Ben Franklin Counoil 313, will be instituted next Thursday evening, at 78 Fourth avenue, by n team composed of Will C Evans. C. 01 128: W. T. Kerr. V. a, ot 432; Jas. Whiteside, Jr. P. C, of 452; Frank M. Williams, Captain or Gnard, or 123. Sons or Liberty Council 452 have charge. The "red, whito nnd bluo" reception this year, being the seventeenth anniversary of tho Pride of tho West Council, Jr. O. U. A. M.. will bo held in Cyclorama Auditorium. Allegheny, next Wednesday evening, and elaborate preparations aro being made ac the Auditorium for the accommodation of tho council's many guests on that occasion. It is strictly an invitation affair. The Braddocknnd Monongahola Councils, of Braddoc. have almost completed ar rangements lor the dedication of any school building in this part of the State. One month ago tho two councils began to pre pare for the dedication of the now Hamilton sub-district tchool in tho Third ward. Brad dock. All the councils of tho Jr. and Sr. O. U. A. M., P. O. S. bf A. camps and com mnnUerief, G. A. H. posts and other- patrl- sick nEADAcnE-cmer,, LIte WTer pmj SICK HEADACHE-,, UWe Ut , sick nEADACiin-Cartcr,gLltUc UTermi SICK HEADACUIc,,,,, THE SECRET SOCIETIES, mw,i.mm- ptio orders in this part of the State havw been asked personally by committees ap pointed for the purpose to send their lodge to the pamde that will bo given at Braddock next Saturday in the school dedication pro gramme and In which it Is expected from 3,000 to 4,000 men will take part. Mayor Gourlev, Superintendent Hamilton and Tror. W. S. Haymaker wiU make addresses ' at the dedication. A big mass meeting will tako place in the evening. P. O. S. of A. Speeches were made by District President L. D. Strons; Kov. Long, of Camp 273, of Braddock; Brotho-s McKee, of Camp 3, HalL of 575. Snyder, of 572, ana CamubelL Griffith andZeumer, or Camp 4. Several new mem bers were initiated and six propositions wero roceived. The installation and union meeting of Camp 4, Patriotic Order 60ns or America, held in Wagner's Hall, corner Beaver and Washington avenues, Allegheny, Monday evening last was the grandest affair in tho history or the order In Pennsylvania. Dis trict President L. D. Strous, assisted by Past President S. Klenke, or Camp 4. conducted the Installation in a masterly manner. Every camp of the order in Allegheny county was represented and the hall was filled to Its utmost capacity. The following officers for the ensuing term were installed: Past President, William E. Zeumen President, Harry a Campbell; Vice President, Walter A. Cable: M. of F. and a, George N. Wheeler; Conductor, William Mo Cormick; Inspector, Thomas Rankin: Outer Guard, Charles 11. Miller: Financial and Re cording Secretary, John W. Eider; Trustee. SIg. Klenke: Treasurer. A. Dunbar. Tho brothers present tendered Brother Georgo N. Wheeler their most hearty thanks for tho fine cigars he had procured for them la honor of his installatlun. Improved Order Heptaaophs. Two hundred and fifty-one new member! for August is not a bad record for a vacation month. Lawrence Conclave No. 75 meets next Thursday evening, and will have several initiations. Supreme Provost M. G. Cohen and Organ izer S. L Osmoud, accompanied by other members of the order, wUl visit Lawrenco Conclave Thursday night. - Brother M. P. Schooley, of Amity Con clave, Homestead, Pa., Joined the ranks of the benedicts last week. The Heps all ex tend their congratulations. Brothor Harry Goldman, financier or Zeta No. 6, or Baltimore, was In tho city yester day. He says Zeta Conclave will initiate over 300 members before January L Secretaries and members of the order hav ing items or Interest to the order will pleaso forward the same not later than Friday of each weok to Supreme Provost M. G. Cohen, 3G Filth avenue, city. The brothers who have been enjoying their vacations are now returning homo with new life and vigor for the fall cam- fiaign. A large increase In the membership n Allegheny county is confidently ex pected. General Lodg9 Notes. The sixth annual excursion of the St. Thomas Socioty of the C. T. A. U., of Brad dock, was one of the pleasant events of tho season. About 1,500 people attended. Prido or Allegheny City Lodge No. 14, Or der or St. George, will hold a meeting in Grand Army Hall, Tuesday, Septembers, at 1 o'cluck. Members of sister lodges in vited. Anchor Castle No. 33S. K. G. E., at its last session elected one candidate and conierred the degree of pa-ze upon five. At its next session the knight's degreo will be conferred upon several candidates. Sir Knights from sister castles aro always welcome. General Braddock Comman dery, K. of G. E.. was organized from Independent Castle No. 208, K. of G. E., at Braddock abont seven months ago. with 70 members. There has been an unaccountable delay in the institu tion of the Coramandcry, but it will be in stituted in two weeks from next Monday night, when the charter is to arrive. Thomas N. Armstrong Conncil Nol 291. O. U. A. M., conferred the first degree on two candidates; second dogree on three and the fourth decree on four at the regular meeting last Wednesday evening, making 17 new third degree members for the first two months of the present term. Brother Allen, who lias been laid up sevoral months with a broken arm. was reporlod ready for duty. Social Friends Lodge No. 55, 1. O. G. T., is still in existence and doing good work. It will Initiate five new members at l's next meeting Monday evening, September 5, after which it will entertain its friends with a programme and necktio social. All are in vited to the conierof Sixth avennennd Wal nut street, McKeesport, Pa., to-morrow eve ning. Tuesday aftnrnoon next Dave Webster Council No. 49 O. U. A. M. will present the Twenty-sixth ward school with a flag. Eev F. N. Foster-Will apeak on behalf or councU and Dr. J. Milton uau on behairor the School Board. The brothers will assemble at the school at 3 o'clock sharp, corner of Twentieth nnd Sarah streets. Webster is doing good work at the present time. A special session of the Select Castlo Mystic Chain was held at Monument Castlo Hall, Allegheny City, Tuesday last, when Select Commander Muse and Select Marshal White, assisted by P. C. John T. Byce as Vice Commander; U. P. Pattun, Recording Scribe; H. C. 3IcKee, Treasurer; T. N. Spring, Inside; Edwin Joyce, Outside Guard, and Jacob Matz, Select Chaplain, conferred tha Mark degree on L. B. Evans, B. Jones, J. M. llarman, II. L. Born. Charles W. Staler, Thomas W. Pratt, F. G. Hilliard. Charles W. Kramer, Frank F. CahUl und G. W. McCIeU land. EXPL0EING H0ETHE2N GBEEHLAflTL Great Scientific Results of the Darish Ex pedition In the Land of Snow. Copenhagen', Sept 3. An expedition of nine members of the Danish navy, under command of Lieutenant Ryder, have re turned to Ice'and, after passing the wintor in Scoreiby's Land, Greenland, at a place in latitude 70 27' 2T. The work of the expedition consists of exploring the country and collecting speci mens of everything of value or interest that can be obtained. Great scientific re sults have already been achieved. The ex pedition will return to Greenland at the end of the month. When Baby was sick, wo gave her Csztorla. When she was a Chfld, she cried for Castorla. When she became Miss, she clung to Castorla. When sho bad Children, she gavo them Castori SEYR3DUI. BRDTKEHS &Y0UNB, Members Jfew York Stock Exchange, BANKERS AND BROKERS, 3 Exchange Court. New Torlc TJKANCn orriCESt SH Worth St. and 10 Wrst 20th Sr., New Yorkj 63 Statu St, llnaton, and CO City Square, lannlon, Haas. AU connected by private wires with main office. Also three private wire connections with Chicago. Solicit orders forlnvestmentorspecnlatioa in all securities dealt In at the New York , Stock Exchange.andgraln and provisions on tho Chicago Board of Trade, and will carry the same on reasonable margin. Will furnish upon application, our daily market letter, giving predictions on tbo New Torlc Stock Market, also the grain and pro vision maikets of Chlcngo, all predictions being based upon tile transactions of leading manipulators, of whose operations outsiders) seldom get an Idea. Onr Mr. Young has been a member of tho New York Stock Exchange since 1868, and gives his personal attention to all order lntrnstcd to us. Refer to Bank or the State of New v Now York City: Winthrop National Boston; Bristol County Nations' Tnunton, 3lns. a- liKOKKK! FINANOi ESTABLISHED John M. Oak1 BANKERS A-.- --. 45 SIXTH ST. , ,t. Direct private wire to New York and CM cago. MemberNew York, Chicago andPitta burg Exchanges. Local securltiei bought and sold for cash, or carried on liberal margins. Invrstmcntsmade at our discretion and dividend paid quarterly. Interest paid on balance (since 185). Moi.ev to loan on calL In formation books on all markets mailed on application. fe7 Whitney & Stephenson 57 Fourth Avtauc 38 m 1 ' 1 i , 1 I a 'JiHtHtki. SJtSUSfffffMHSHS(SBfBS
Significant historical Pennsylvania newspapers