mmasmmmKxxm
THE PITTSBURG DISPATCH, SATURDAY, OCTOBER 29, 1892.
11
-WHISKY IS WEAKENED
By the Report of New York Stock to
Pay ior Western Concerns.
" OFFICIALS DENY THE ED1I0ES
And Fay That Any rurchasts Will Be
raid for in Cash.
.. THE OPENING FIRM AND CLOSE STEADY
New York, Oct. 28. The overshadowing
feature of the speculation at the Stock Ex
change to-day was Distilling and Cattle
Feeding. The stock, alter advancing from
65 to 66, declined to 63; and closed at 63
In addition to sales on stop orders, the
decline was caused by reports that a new
issue of stock, would be made to pay for op
position distilleries in the West said to
have been purchased by the company.
"While officials were reticent about the
alleged absorpf ion of these distilleries, they
stated to-day in most emphatic terms that
if the opposition concerns have been, or are
to be acquii ed, thoy will be paid for in cash
out of the company's treasury and not with
new stock. -Tlicy also assert that tho divi
dend rate will be advanced.
The general market, contrary to the ex
pectation or the room traders, opened firm
and advanced Jtoljf per cent, with Chi
cago Gas and New England in the lead.
Burins the atternoon St. Paul was pressed
for sale. The stock fell off from 80 to 79.
and the remainder of the list, outside of
Distilling and Cattle Fooding. yielded to 1
per cent. In the final transactions there
was a fractional rally, duo partly to an
official statement that the Increase in the
operating expenses of the St. Paul road lor
September was due to the fact that the com
pany made large expenditures for repairs,
maintenance and new steel rails, which
were charged to expense account.
In a majority of iustanccs the net changes
for tho day were only Yt to cither way.
Neither Sow England nor Heading were as
Sronilnent in the trading as heretofore,
he market closed steady in tone.
Railroad bonds were quiet and generally
firm, the transactions amounting to $1,
081.000. Goi ernment bonds closed as follows:
U. S. 4sreg....
V. i. 4s coup..
TT. s. a.
.....UIVCIMntnal Union Cs II1X
....J14Y J. C. Int. Cert...lll
ltum Northern l'ac. UU..1I7
Pacific 03 or 93 lOTH
I.ouis'iis stamped 4s 91
Missouri Cs 103
Tcnn. new set 6s 101j
Teun. new setSs.... .1015
Tcnn. neivset3& 76
Canada bo. Ms 1014
Cen. Pacific lsts 1035.
Den. It. G. UttllS
Den. 4 It. O. 4a MS
Erie Ids 107
M. K. AT. Gen. 6s.. 80
Jl. K.3.T. Gen. 5s.. 4S
.vortnem l'ac. :as...uiM
North 'n Consols.. .ISSK
Northw'u Deb. 5s... 10C1,
St. L. A I. M. ten. 5s SIX
St.L.AS.F.iren.Jl.112
St. Paul Consols 128
St. P. C. A P. lsts. ..117
T. 1". I.,, G. Tr. Rets. S4V
t. p. re o. Tr. Rets, ma
Union Pacific lsts...ll7S
West Shore 103H
R.G. W., lsts, 79
Hid.
Mining shares closed as follows:
Crown Point 120'Onhlr
.. 235
,. 60
. US
i. i:s
. 105
.. 100
. 2s
.. 300
.1700
Con. Cal. and Va 275 Plymouth
Deadwood
Gould and Curry...
Hale and Norcross.
HvmestaLc
lOOiMerra Nevada...
. 1C0 Standard
. 131 Union Cou
HM Yellow Jacket....
. LI Iron Silver.
Mexican
North star 6T.0 OulCk6lUcr
Ontario 3900tJuicksllTcr p-d. .
The total sales ot stocks to-day wore 290,000
shares including Atchison, 5.021; Chicago
Gas 22,26: Erie. 12,900. Northern Pacific, pre
ferred. 5,500; Xew England, 21,740; Beading,
24,000; St. Paul, 20,000.
The following table shows the prices of active
stocks ou the ew York Mock Exchange, corrected
nailv Tor The Pittsburg Dispatch oy V hltnev
AMcplenson, oldest Pittsburgh! mbers of New
X Vit. ClWtt X.JIVHV, VI A' VU, .U 1TCUUK.
Clos-
Open High Low Ing. Close
lug. est. est. bid. Oc.2S
Am. Cotton Oil 45 46X 46Vj 46 40
Am. Cotton Oil. prd M 84
Am. bug. ReOn. Co. Ill WJi 110.i 1I0K IN
Am Sup. It. Co.. pfd 102 10214
AlCh.T AS. K... S) 3X &X &'A 39V
Canadian Pacllic Kh S
Callida Soulhiru.... 57 Ziii 57)4 57 57
Central or N.J 13 129 129 U8 1 8i
temralPacilc. 29 2SS
Chesapeake A Ohio.. 22S 22Sj 22H I2S 22!4
Chicago Gas Trust.. 93 93i 92?j 92 92V
C It. A Qulucr 103'i 103 102H 102S 102V
C. Sill. A&t- l-aul. S0J 6e? 7Jr 79H 71
C. 31. AM. P.. prd. 123 122V
C Kock 1. A P SJ'i 83H 82J S2 8i
a. St. P.. M. AO... 52H 52& 51 52 iZ!i
c. st.p..ii.Ao..prd 118S jis
a A Northwestern.. 11535 116 115H H5H H55
CA Northwest pld 141 141
C. C. C A 1 65 65 64H 614 641
ol. Coat A Iron 414 41S 40J 4054 403,
CoL A Hock. Val.... V3H 29 SU 29 SO
Del. Lack. AAV. ... 153 153
Del. A Hudson :33li I3W I33H 133V
Den. A Rio Grande.. ICt, If,?, icH 16 16
J nil. AltlnG.. pld.. 5ls 52 5tS 51 51
D.s. A C, F. Trust... CJ C6 63J 63 65i
E. T V. A Ga 5M &)i &A 5 AH
Illinois Centrvl 99VJ 99
Lake Erie A W 25 25V 25 VZ UH
Lake Erie A . prd 78 7S 77!i 77V 77V
LakeMioreA M. a.. 132i 132V 13iV 1MV 13.1S
I..ulrille A Nash... 69 C9 69 69H 685,
Michigan Central.... 107S 107H 107H 100 10!!4
.Missouri Pacific 131S 134V 133 133i 1S3K
Manhattan 613j 62 61K Cl Hl
Nal. Cordace Co.... 134 134 133H 13.1S' 13V4
Nat. Cor. Co., pfd 116 1IG
Nat. Lead Co 43 48 47H 47? 475f
Nat. Lead Co.. prd.. 9C 96i 9.! 95S 91
Ni Ytirk Central.. 1PV 110 li-9i 1U9S 109V
N.Y..(lASt. f 16! WA I6J4 16 16
N.Y..C AM.L..lp-I 72 72
N.Y.,C.ASt.L.2pd Sbi S5K
X.T.,I.fcM' 26V 26 26S 20H
N.Y..L.E AW..prd 6JI1 62M 6tS 61S 60V
N.Y.AN. E 44V t45V 5S 41S'
N.Y.O.AW m, 19i 19J4 11
Norfclk A Western IWj lu4
NorMkAWesu.pid 39 39
Ni.rtU Ainer. Co..... 12 I2s 11JJ 12 2i
Noitluru Pacific... la 1SV 16H 16V, 18
Northern Pac.prd.. 50S 50V 50 tOV Stfi
Ohio A -Mississippi... 22 22
orejron Improem't 204 21S
Pacific Mail 32 32 32 31Ji 3i;
l'1-o..Dec. A Evans.. 164 164 1CV4 I6J4 11
Phlla. A ReaUinjc.... 53V 59 58V 5SK
p.. c.. c A "-t. C as a
I.. CC. ASt.L.prd 61, 61 617 61' C04
Pullman I'aiace Car. 199 199
Rich. A V. P. T. ... SV 8V 84 8V 84
hich. A U . P. T. prd 37 " 3;
St. 1'auIA Duluth 44V 3V
St. Paul A D. nld 105 105
M. P.. M. A3I H2 1124
Texas Piclllc II SI 11 luS n
Unian Pacific 40! 4 V 40 4M 40
Waliash 12 12i 12 UV 12
Walwish pfd 27 27 26!4 VS 26V
rstern llnlou SS B84 84 8V 93 ,
WheellnpAL. E. 23, 24 23,a 23 231,
W. AL. E. pfd'....? ...... ." 6:2 63)
Baltimore A Ohio... 914 J5 94J 94 "
Ex-divldend.
MOTHER LOW MARK
Made byAYlieat Corn, Oats, Lard and Pork
Also Kulo Lower.
Chicago. Oct. 23. The way the market
bloke to-day was simply Tennysonian.
After the record-smashing almost dally dur
ing the past week in the line of low prices,
wheat this evening, compared with 34 hours
ago, bhows a decline of le for December
and lIc for Slay. Corn is c lower for
November nnd from to z lower for the
later deliveries. Provisions, with the ex
ception or October ribs are also in tho
slousb. October pork is 17c lower, Novem
ber 22c and May 30o lower. Lard for Octo
ber dropped 17Jc, ior November 12Kc and
lor January 15c October ribs are 2ic up,
November 50c off and January 15c off.
Tne wheat trade seemed to have come to
a full realization or the bearish conditions
which have been steadily on the increase for
some time and'lonirs who have been holding
on in hope of somo improvement in the out
look seemed to have lost all courage and be
gan to drop their loads. Short sellers also
shoned more boldness and the offerings
were urgent, while the demand was slug
gish and shorts who took profits weie about
the only buyers. Cables were lower, domes
tic markets hoavy, the receipts everywhere
laro and the trucks crowded with curs
waiting to'go to ttore. Vazno rumors of a
local lailure wcro In circulation and lor a
short time increaed the weakness. Though
they were not confirmed, tbo market was so
heavy tlieto was little recovery.
Corn was lower In sympathy with wheat
and free liquidation by the longs. The clear
and tnvorable weather all over the West in
duced a good deal of selling as favoring an
increased movement.
Oats held up better than any other, as the
receipts were only 150 cars, whero 210 cars
bad been expected. The big stocks in local
elevators serve to depress near months,
while support is shown May on tho part
of investors. Opening firm the market neld
about steady for a time, but alter the break
in wheat and corn declined Kc under
lather free speculative selling.
In provisions offerings wore liberal, both
from the "loim" aud munfaeturlng interest?,
. and the demand from nil sources was only
fair, w ith the bulk of the purchases credited
to "shorts." Prices 1 tiled materially lower
on all tho leading articles, nnd the market
closed at about the inside figures.
Freights were slow. Shippers are trying
to toice a decline In rates, but did notrsuc
cced, as vessel men preferred carrying ore.
Kates were unchanged at 2c for wheat and
5c for corn to Buffalo.
, Cash quotations were a follows: Flour
weak; buyers holding off. No. 2 stfring
wheat, 69JkJc; No. S spring wheat, S7K
62c; No. 3 red, 69c. No. 2 corn, 4(rVc.
So. 3 oats. 29Kc; No. 2 white, f. o. X.$'
S5; No. S white. 3131Hc No. 2 rve. 47&C.
No. 2 barley. 64c; No. 3. 1, o. b., 4065c: No.
4, f.o.b.. 35G0c No. 1 flaxseed, $1 10K1 U
Prlmo titmahv seed. $1 65. Mess poik. per
bbl, 111 8011 85. Lard, per 100 lbs, $3 15S 20.
Miort rib sides, (loose), $7 80ll CO. Dry
salted shoulders, (boxen), $7 457 50. Short
clear sides, (boxed), $9 10Q8 15. WUiskv,
distillers' finished Roods, per gal, $1 15.
Sugars Cut loaf. 55 Jic; granulated,'
5c; standard A,5c; No. 3 corn, 39c
itecelpts Flour. 22,000 barrels; wheat. 322,
000 l)Uhels; corn. 402,000 bushels; oats, 193,000
bushels; rve, 23,000 bushels; barley, 107,000
bushels. Shipments Flour, 12.000 barrels;
wheat, 378.0C0 bushels: corn, 561,003 bushels,
oats, 160,000 bushels; rye, 4,000 bushels; bar
ley, 128,000 bushels.
On the Produce Exchange to-day thn but
ter market was firm; creamery. 2028c;
dairy.l82ic. Eggs steady; strictly fresh.20
lie
1
Ranfreofthc leading futures, furnished or John
31. Oakley A Co., bankers and brokers. No. 45
Sixth street:
Open- High- Low- Clos- Ciose
ARTICLES. lug. est. est. lng. Oct.27
Wheat.
October 694 t 894 t 694 694 t 7I)
l'ecembcr. 72S 72V 7!H 7IH 723
May 78 78,4 77i 77X H
Corn.
October 40X 4l?a
November. 41K 414 4CK 40ft 41V
December. 414. 41)4 4i 414 4rv
May 455 45 45) 45J 45
OATS.
October 2) 29
November. 21s. 294 294 'O'i 29K
December. 50H 30V 3'4 9h 30h
May 34't IVi 34.4 S4.'i 3i
TORK.
Octolier 1195 1195 1183 1182 12 05
November. 1197 12 00 11 S3 1182 12 05
January 13 35 13 40 13 07 13 I J 13 42
LAUU.
October 8 S5 8 35 8 17 8 17 8 35
November. 7 77 7 77 7 70 7 70 8 82
January 7 45 7 47 7 35 7 35 7 46
Siiokt RIBS.
October I0 7S 11 00 10 75 11 CO 10 7S
November 7 75 7 75 7 25 7 25 7 75
January 685 685 670 6 72 687
Car receipts for to-day TYheat, SSO; corn, S92;
oats, 1W. Estimates for to-morrow Wheat, 37U;
corn, 430; oats, 190.
GENERAL MARKETS.
New fork Flour receipts, 2S.600 pack
ages: exports, 2,100 barrels, 15,300 sacks;
dull at 10 15c; lower and weak; sales, 9,500
barrelstLow extras, $2 002 75; winter wheat,
low grades, $2 00S2 75; fair to fancy, $2 75
3 75; patents, $4 004 25: Minnesota clear,
$3. 003 25; straights, $3 451 15; patents, $4 25
64 SO; rye mixtures, $3 003 40,
Corxmeal quiet and steady.
YHKAT Receipts, 213,000 bushels; exports,
8,000 bushels; sales, 10,505,000 bushels futures,
240,000 bushels spot; snot fairly active and
weaKer: No. 2 red, 7373Jc store and ele
vator. 7474Jo afloat, 7475c f. o. b.: No.
3 red, 67c: ungraded red, 6774c; No. 1
Northern, 80S0c; No. 2 Northern, 7
74c; No. 1 Milwaukee, none; options were ac
tive and excited with prices l?ic lower,
wltli longs unloading, easier cables, large
receipts, small clearances and favorable
crop reports, with notico from the Certral
Railroad to remove 112,000 bushels immedi
ately, closing weak: No. 2 red, December,
7576c, closing at 75Jc; Jnuary,7778c,
closing at 77Vc: May, 82884c, closing at
82c
ItTE Steady and quiet.
Barley dull.
lUitLEV Malt dull.
Cors Ueceipts, 73,f00 bushels; exports,
164,000 bushels; sales, 915,000 bushels futures,
9,000 bushels spot; spot dull and weaker;
No. 2, 1049Jie elevator, 49c afloat; un
graded mixen, 4S)51c; options were fairly
50c: Mav. SlMfi)515ic. cloin.'at51!ic,
f . n l)...li.. 3rk At t lionhnla. n.A.n
UA1D UCUCIJJLI1, JCV,Vk.U UU3UD10, VAfJUIfcS,
100 bushels: sales. bU5,O0O bushels futures,
87,000 bushels spot: spot dull nnd lower; op
tions less active and weaker: Dt-ceinber, 36
Sfi5ic,closingat 36ic; May,C9Hl9-Xc,closliig
at S9xe: No. 2 spot white, 39c: mixed West
ern, M4QZ6a; wlilto do. 3715c; No. 2 Chi
caso, S5xc
Hat hi cood demand and firm.
llors quiet and steady; State, common to
choice, 1825c
GRocrniES Coffee Options opened barely
steady 10 to 20 points down, closed steady 5
points down to 5 up: snteo, 39,000 bags, "in
cluding October, 16 10c; November, 15.50
15.65c; December, 15 20(15 35c; January, 15 05
15.20c; Febfuarv. 1 4. 90 15. 10c; March, 14.90
!5.10c: Mav, 14.7014.90c: spot Hfo firm
and-quiet; No. 7. lbK16c- Sugar, raw,
quiet and steady; sales, 91 baas molasses
sucra", $9 test, at 2 ll-16c; refined fairly
active and steady. Molasses Foi eign nomi
nal; New Orleans qniot aud steady. Bice In
good demand and firm.
Cottonseed Oil. quiet aud steady.
Tallow firm and quiet.
"Rosix dull and stcadv.
Tcrpestike qu,T3t and Arm.
Egos quiet and unsettled; receipts, 4,123
package-.
Hides in fair demand and firm.
Dairy Pboducts Butter quiet and firm;
Western dairv, 1522c; Western creamery,
22029c. Cheese in lair demand and firm.
Philadelphia Flour slow and weak.
Wheat weak nnd unsettled; No. 2 red, Octo
ber, 7I371Jc: November, 71J?71Jgc: De
cember. 72K73c: January. 74Jfc75Kc.
Corn Options declined K5-4C- closed weak;
lAcal carlots dull; No. 4 yellow in grain
depot, 49c; No. 2 mixed lor local trade, Blc;
No. 2 mixed. Oetober, November and De
cember, 4S48Je: January, 47K48c. Oats
Cailots ruled steady but firm and quiet;
futui es a shade firmer but quiet; No. 3 white,
37r:No.2 white 39c: No. 2 white, on track,
39Kc: No. 2 white, October and November,
3Sk31c: December, 38JJ039c; January,
39S39fc. Ejr steady aud quiet; Pennsyl
vania firsts, 2324c
St. Louis Flourlower to sell and very little
demand. Wheat opened lower and continued
to decline throughout tho day and closed at
lKi?ic below yesterday, the lowest point
ever reached in this market; cash finished at
G5c; November, 65c; December, 6G67cJ
May, 74c Corn sympathized with and fol
lowed wtieat and closed Jcunderyesterdav;
cash Zla: November, 37c: December, 37Jc;
year, S6jc; May, 41Jc. Oats ateo went olfc;
cash, 27o bid; May, 33Jc. Rye dull at5Jc
nked. Barley slow; smail sales of Iowa at
57c. Bran dull: offered at 54c east track.
Ilav dull and unchanged. Flaxseed quiet at
$1 05. Corn meal quiet at $1 851 90.
Minneapolis The bottom went whirling
out of the wheat 'market to-day. The cash
maiket broke considerably in sympnthy
with lutures and lower prices are promised
to-morrow. Receipts of wheat here were 604
cars and. it Sulntii and Superior 421 cars.
Closing: October, C6V4C, yesterday 74c: De
cember, CSKc, yeterday, 6Sic; Mav, 73Jc,
esterdav, 74c. On track: No. 1 hard. CBJic;
No 1 Northern, 67c; No. 2 Northern, 6364e.
Mil waukee Flour dull and drooping.
Wlmat weak aud lower; December, b6c;
No. 1 Northern, 70c Coin steady: No. 3, 4u)
41c. Oats Mc higher: No. 2 white, 3J.!4c:
Na 3 do, 31i33c. Barley No. 2, 69e; sjim
ple. 67c. Itye slow; No.l, 50Kc. Receipts
Flour, 9,000 barrels; wheat, 69,300 bushels;
bHrlcy, 63,100 bushels, shipments Flour,
8 900 barrels; wheat, 7,200 bushels; barley,
77,300 bushels.
Cincinnati Flour quiet. Wheat dull and
lpwei: No. 2 red, C3c; receipts, 2,000 bnsheis;
shipment", 5,000 bushels. Coin nominal:
No. 2 mixed, 32c Oats, No. 2 mixed, 32c.
Rye dull, 57c Pork quiet at $12 50. Lard
$3 00. Lullc meats steady at $7 75S 00. Bacon
firm at $9 37k9 50. Whisky qniet; sales,
515 barrels, flutter firm. Sugar firm. Eggs
strong and higher at 18c. Cheese strong.
Baltimore Wheat weafe: No. 2 red, spot
and October, 70c; December, 72c; May,
80Jic Corn stendy; mixed spot, dofijc; Octo
ei. 4Sc. Oats steady: No. 2 white western,
3S39c Rve dull; No. 2, 63c nominal. Hay
steady. Grain freights quiet. Provisions
unchanged. Butter firm, active: creamery
fancy, 25J0c Eggs active. 2J25c Cofiee
firm; Rio fair, 18: Na 7, 16KSKc
BuffaloWheat Na 1 hard dull at 78Jc;
No. 1 Northern, 75c; No. 2 red, 75c Corn
No. 2, none oltered. Receipts Wheat,
210,000 bushels; corn. 120,000 bnsheis. Ship
ments Wheat, 250,000 bushels; corn, 100
bushels.
Cotton.
Galvestoit, Oct. 28. Cotton steady; mid
dling, 7 13-16c: low middling, 77-16c:good
ordinaiy, 6 15-16c; net and gross receipts,
7,835 bales: exports to Great Biltain, 5,2Pj
bales; coastwise, 136 bales; sales, 633 bales;
stock, 131,518 bales. Weekly net and gioss
recelnts. 53,732 bales; exports to Great Brit
nin, 37,331 bales; to tbe continent. 9.816 bales;
coastw ise, 8,610 Dales: tales, 8,817 bales.
New Orlzabs. Oot. 28. Cotton steady; mid
dling, 7 IS-iec: low middling, 75-16c; good or
dinary,6 13-1 6c: net receipts, 10,006 bales: gross
receipts, 12 861 bales; (exports to Great
Britain, 4,809 bales; to (the continent, 3,776
bales; coastwise, 5.55s bales; sales, 7,750 bales;
stock, 174,940 bales. Weekly net receipts,
72,215 bale; gross reeeldts. 78,608 bales; ex
poitsto Great Britain J6.3S9 bales: to the
continent, 17J91' bales; coastwise, 16,603
bales; sales, 82,600 bales. (
Foreign FlnanclaL
L02IDOX, Oct, 28. Amoujnt of bullion with
drawn frefci the Bank or England to-day,
JE17.000. 1
Paris, Oct. 28. Three per cent rentes 98f,
92Kceutinie8 tor the account.
Lohdos. Oct. 28. Ciosrf Consols, 96Ji for
the account New York.lPennsvlvmita and
Ohio firsts. 3SU; Cf.nadiai Puciflc. 88Ji; Erie,
27: do seconds, 110: Illinois Central. 102J(;
Mexican ordinary, 22X. gt. Paul common,
82; New Tork Central, 11 Pennsylvania,
57; Reading. SOii: Mexican Central, new 4s,
7 Bar silver, 39 l-16d. Money, IfllK per
cent, "
SWITCH MD SIGNAL
Leads tbe Shares That Continue to
Show an Upward Drift
DUQUESNE AND P. & B. TRACTIONS
Continue to Be Most Prominent With
Kespect to Weakness.
PHILADELPHIA CO. SOMEWHAT HIGHER
Fr-IBAT, Oct. 28.
No change occurred in the general lone
of the local stock market to-day the shares
that have been strong of late'eontinuing to
show strength and the ones that have been
weak continuing to show weakness. , Of the
latter class Duquesne traction was most
prominent, and of the former'TJnion Switch
aud Signal was the leader, with the follow
in; of each about equal numerically.
Union Switch and Signal opened with
sales at 19, sold up as high- as 19,
reacted to IlHi sales aud closed strong at
1919Z.
Duquesne was without movement until
the last call though a disposition to sell
was noticeaule at tho preceding boards
when it sold down from 28 to 28 and
clo-ed with several lots ranging from 10 to
ICO shares offered at 28. P. & B. ti action was
nlo weak, selling at iiill and closing
offered at the latter flgu 1 e. 'I ne other trac
tions sympathized with Duquesne and P. &
I!., but they sustninod no quotable change.
Philadelphia Companv was in better de
mand and higher: People's Plpeage sold nt
15, clostntg at 14JI5, and the other mem5
bets of the gioup weie neglected, though 12
wns bid for Chartiors and Wheeling was
offeroil at 19.
jvirnnike closed at 12C12S. There are
undoubtedly a aood many buying orders in
within tho quoted range, but there is un
questionably more or less uneasiness preva
lent about tho outcome of tho pending liti
gation. Westinghouse Electric was stronger. Thn
second preferred sold at 38 closing at 39
bid: thu unassisted wai bid up to 23, thu
scrip wns quoted at 9195 and tne first pie
fei red w as v anted nt 41.
Underground Cable, U. S. Glass nnd Luster
weie steady to strong; La Noria was higher
,nnd others weto unchanged.
Union Switch and Signal.
Through the courtesy of an official of tho
Union Switch and Signal Company The Dis
patch is enabled to lay before its readers
this morning something regarding 'the
company's earnings and prospects wliich
may account for the upward drift or the
stock: lor tho first eight months or this
year the net earnings, above all expertses
and fixed charges, were $93,500. During this
peilod $800,000 north of worlc was finished,
and contracts lor fully $S00,000 worth more
were still on the books, so that without
securing another' contract ' this year the
company would be able to run its works to
their full capacity for the remainder of the
year and the first four months or 1893. But,
in addition to the contracts then In hand,
more have since been secured, and there is
good reason to expect a big coutract . il.1 bo
placed with tbe company Dy the Read
ing Railroad Comp.iny, a hint of
which was given in these columns yes
terday. Taking the net of the first eight
montns ($9S,500) ns a basis, it is-reckoned
the net lor the vear will be anywheie from
$150,000 to $160,000. Tho entire capital stock
Issued, both common and preferred, is
$1,400,000, so that the estimated net earnings
tepresent about 10 or 11 percentron the
par value of the capital stock, or about 28 or'
3 J per cent ou the current market' price
The bonds outstanding amount to $296,000,
due next April, but, as there will probably
bo a dividend on the preferred noxt
January, a portion of tho bonds will'probv
bly be extended. "You may say to the read
ers of Tub Dispatch," said tho gentleman
who furnished the above lniormatiou, "that
tho company was never in bettor condition
than now, and that its prospects were never
quite so bright. The intention or the direc
tors is to pay a dividend as soon as'ltis
earned, and the flgiues show that one is be
ing earned."
Low-Priced Petroleum.
Oil sold ou the Exchange to-day nt 50o per
barrel, the first time that such a low point
has been touched legitimately since 1S8Z.
In August, 1832, the market fell to 49,
mainly as the result of overproduction. In
1884, when the Penn Bank collapsed, oil
dropped to 50 as the result of the panic
the lailure of tue "Penn Bank deal started."
August 8, 1891. when the premium wns so
suddenly taken off the white sand oil, the
market 'broke to 50, but reacted to 60, tho
following morning. The causes of tbo pres
ent Ion price are said to ho the battle be
tueenthe Standard and the Russians for
supremacy abroad and the stagnant condi
tion of speculation.
Beading's Earnings.
The statement of the Philadelphia and
Reading Railroad Company for the month of
September, 1S92, shows; Gross traffic re
ceipts, $2,164,922 56; traffic expenses, $1,073,
440 22; profit in operating, $1,091,482 34; re
ceipts trom other sources, $20,859 13, making
tbe total profit for the month $1,112,332 52.
Against this is charged $9,617 57 expendi
tures for permanent impiovements and
$623,000 as one-twelith of the current year's
fixed charges leaving n surplus for the
month or $477,714 95 against $423,887 96 ior
September, 1891. The surplus for ten months
ot the current fiscal year is $2,584,803 93, an
Increase of $776,478 62, compared with the
coriespondlng period. of the last fiscal year.
The statement of the Philadelphia, and
Reading Coal and Iron Company for Septem
ber, 1E92, shows: Gross receipts, $1,902,648 56:
gross expenses, $1,689,701 20, leaving a profit
from mining 01 $212 847 36. From this Is de
ducted $68,000 as one-twelfth of the current
year's fixed charges, thus showing a surplus
ior the month of $144 917 36 an increase of
$69,672 compated with September, 189L The
deficit for ten months of the current fiscal
year is $125,870 63. The deficit for the cor
responding period of the last fiscal year was
$651,631.
Tue result of the operation of the Phila
delphia nnd Reading Railroad Company,'
lessee of the Lehigh Valley Railroad, for the
month of August, 1892, shows: Receipts,
$Lo4S,769 77; expenses, $1,100,146 49, leaving
etuniugsor $448,623 28, an inctease or $41,
147 49, compated with the month or August,
1S9L For the nine months ending August 31,
1892, the earnings were $3,200,210 58, an ln
creasn of $839,479 25, compared with the same
period of the preceding fiscal year.
Financial Notes.
At auction In New Tork yesterday 6 shares
Westinghouse Electtic second prefetred
sold 'ut3S and 3 shaies of the first pre
ferred at 49; $7,000 Wheeling, Lake Erie and
Pittsburg Coal Company first mortgages
per cent bonds, due July 1, 1919, also sold at
90.
For the third week of October the earn
ings or tbe Buffalo, Rochester and Pittsburg
Railroad were $64,766, nn Increase ol $1,327.
The Beaver Falls Hotel Company, capital
$35,000, was chartetcd to-day. The ditectors
are Alexander Graham and Joseph Manna,
or Beaver Falls, nnd A. M. Johnston,
Rochester. A charter was also issued to the
Ferrous Chemical Company, of Pittsburg,
capital $30,000. The dirertors are E. A.
Stiaefer, C. E. Succop, George Looderman,
Joseph B. Hunter and G. N. Stengel, Pitts
burg. The Boston News Bureau states authori
tatively that the Chicago, Burlington, and
Quincy Railroad Company has madea'con
ti act with tbe Adams Express Company by
which the latter will occupy nil tho lines in
the Chicago, Builiugton and Quincy syBtem
on and after January 1 next. The Burling
ton lines have been occupied heretoloro by
the American Express Company east of the
Missouri river and the, Welts Fargo Com
pany west of tho Missouri river.
Tho action or prominent New York trust
companies in Increasing tho rate or Interest
on deposits is an indication of the growing
belle! that the advance In rates for money
is tho result of conditions that are likely to
bo more permanent than tho mere require
ments incidental to the oroo movements of
tbe season. There are no fears of tight
money nor doubts as to tbe adequacy or tue
provision made by the banks and tho
Treasury for the currency requirements,
but it is recognized that the better demand
ior money is based on better business and
better crops than bad been expected, aud
may therefore continue longer than seemed
probable when the trade and crop condi
tions were less clearly doveloped.
The Rochester Street Railway' Company
shows a .gain of $3,421 in its September net
earnings, which were $29,008.
' The lollowing application for authority to
organize a national bank has been filed with
the Comptroller: "The Franklin National
Bank of tne city of New York" N. Y., by
Chatles F. James, New York, N. Y., and his
associates '
The coupons due on the 1st prox. on the
Pittxlmrg and Western Sper cent gold bonds
of 1891 will be paid on and after that date
at the office of Drexel, Morgan & Co., New
York;
Morris & Brown were the chief sellers of
Dnquosne traction and Hill & Co. and J. B.
Barbour he buyers.
Rlnehart, Kuhn Bros., Long & MoKelvey
old Switch and Signal and Sproul & Co.
nd Hill & Co. bought. Tbe Utter also
operated on the selling sldo. Long started
the bidding. .
Sproul & Co. nnd Kuhn Bros, sold P. & B.
traction to Hill & Co.
J. B. Barbour sold Electrlo second pre
ferred to Morris & Brown. N
Hill A Co. sold FrltzlO Phillieat21 and
took.100 rrom TVattat the same price.
The First National -Bank of Wilkinsburg,
which began business last April showed
loans and discounts at tbe nnd or last month
of $162,542, aenoslts or $180,222 and undivided
profits of $4,638.
Sales and Closing Quotations.
Following were tho transactions to-day
on 'Change:
first call. ' ,
10 shares Union Switch and Slznsl 19&
10 shares Union Switch ana Signal MM
10O shares Westinghouse Electric 2d pfd..., 38M
SECOND CALL.
10 shares P. All. traction...
10 shares P. & U. traction ,
MX
21
TIUED CALL.
5 shares Pleasant Valley Railway 25S
10 shares Union Switch and 8l(tntl 19Js
60 shares Union Switch and Msriwl .-.. !H'
10 shares Union bwltrh au I Signal 19
10 shares Union Switch and Signal ID'S
2 shares Union Switch aud,SIgnal 10H
If) shares 1". .t IS. traction ii'i
10 shares Philadelphia Company 21ft
100 shares Philadelphia Company ZH
20 shares People's Plpeage 1"
10 Stares Duquesne traction 28!j
JO Shares Duqueine traction 2B'4
0 shares Duquesne traction 23j
10sliaresDuquesuu traction., 28H
Total sales, 410 shares. Closing bids and
offers:
1st call, id call. Sd cat.
STOCKS. . " . .
Bid Ask Bid Asl Bid Ask
First Nat. B'k Pitts ISO
Masonic Bank 85 70
M. & M. N. Bank.. 74 "Hi 7iH T 71 75
Odd Fellows S. Bk 72 ..., 7J
Citizens' Ins. Co 32
Humboldt Ins & .... 65
Western Ins. Co 40 .... 40 .... to
Chartler. V. G. Co. 12 13; 12 .... II ....
People's N. Gas Co .57
Peop'sN.G.iP.Co. 14V W HH 15'S 14 15
Philadelphia Co.... 21.!$ 21 21Ji 2W( 21JS 2W
Wheeling Gas Co. l"i 19)
Central 'friclioo.... 23 205i 29
Citizens' Traction.. 6214 M ta'4 63 I2M 63
Pleasant Va'lev..... 25 255$ 25, 254 25A, 25
P. Y. 4 A. R."R 49 .... 49
Pitts. A Cas. Sban 11 .... II
Pitts. June. R. It Z7H .... 37H
N.Y.&C. G. CCo SO .... M
North, a. Bridge 50 .... 50
La Noria Mln. Co.. lKc 18c 16c 19c
Luster Mining Co.. 8 ,' SU 9h Sh Hi
Knterprlse Mln. Co 4j
Westltighousc 2!
Unions. S. Co.... 19K 11 19! 19M V)H 19
Tin. S. A S. Co. prd M
West. Airbrake Co. 125 129 ... 12) IK V&
Stand'dU. Cable Co 75K 76 7511 70 V4 76
U. 8. GIa5s(,'o.,com 66 68 68 08 CO 63
U.S. Glass Co.. pfd. I14'4 II4X ....
Electrio Stocks.
Bostox, Oct.28 Special.) Following were
tho closing Quotations to-day:
Bid.
General Electric 1I5S
General Electric, pfd 117H
Westinghouse Mectric 33
Westinghouse Electric pfd 49)i
IJetroltElectrlc Works 5
Fort Wanie Electric 12
Fort Wayne Electric (A) 1
Thomson-Houston Trust (I') 9
Thomson-Houston Trust (D) 7K
T. E. E. W 10
Asked.
II5
Ho,1
"50 i
i'i
. 12
Boston Stocks 1
Closing Prices.
Calumet & llecla...,
Franklin
Kearsarge
Osceola
lamarack
Annlston Land Co..,
Boston Land Co
Atchison ATopeka.. 31K
287
14
UK
3
155
, 25
,4
17K
207K
16
Vi
7
GO
uosion s. Aioanr....AH;4
iloston & Maine 133
Chi.. Bur. & Quincy. 102H
KltchburgK. R 84
Flint 4 Pere M.pfd.. 10
Mass. Central l&H
'.Mex. Cen. com 15
X. Y. & N. England. U
N. Y. AN. Ene.7s..ll9
San liicgu Land Co.
west lwi Lana CO..
Bell Telephone
Lamson btorcS
Water Power
Old Colony. ISO
is. central com... is
AllouezM. Co. (new) 1
Atlantic 1VH
Boston Mont 31H
Cent. Mining
N. E. Tel. & Tel. Co.
B. A B. Copper.
MONETARY.
Rates for money continue to do quoted nt
5S per cent in Pittsburg, with the market
firm. There is plenty of money and no dan
ger of stringency. Eastern exchange and
currency are trading even, but te demand
for tue former has made it rather scarce.
New Yomr. Oct. 28. Money on call easier
at 2g6 per cent; last loan 2. closed offered
at 2 Der cent. Prime mercantile paper, 5
6 per cent. Sterling exchange steadier,' with
actual business at $4 83 for 60-day bankers'
bills and $1 85 for demand.
Boston, Oct. 28. Balances, $1,S32,724: rate
for money. 5 per cent; call loans, 56 per
cent; time loans, 56 per cent.
Clearing House Figures.
Pittsburg- , '
Exchanges to-day......... $2,432,962 69
Balances to-day. C91,595 37
tame day last week was a holiday.
New York. Oct. 28. Clearings, $120,916,970;
balances, $4,954,417. .
Boston. Ocr. 28. Clearings, 517,622.923; bal
ances, $1,682,721. Money, 5 per ceut. Ex
change on New York, 12c discount.
Philadelphia, Oct. 28. Clearings, $13,037,
551: balances, $1,711,222. Money, 4 per
cent.
Baltihobe. Oct. 28. Clearings, $2,113,224:
balances, $405,733. Rate, 6 per cent.
Chicago, Oct. 2a Bank clearings to-day,
$17,986,143. New York exchange sold trom
par to 10c discount. Sterling exchange easy:
60-day bills. $4 834: demand, $4 86. Money
steady nt .'6 per cent.
Mexfiiis, Oct. 28. New York exchange
selling ut par. Clearings, $381,959; balancesf
$81,016.
New Orleans, Oct. 28. Clearings, $1,482,761,
New York exchange Commercial, $1 per
$1,000 discount: bank, par.
Cincinnati, Oct. 28. Money, 46 per cent.
New York exchange par to 26s premium.
Clearings, $2,284,700.
G0.0D PRICE PAID
For a Tract Just Off Penn Avenue In the
Twenty-Second Ward 140x150 for 830,
000 The Building -Permit Record and
Reports of Other Transactions.
"" Friday, Oct 28.
The most important feature in realty
circles to-day was the consummation of the
lollowing sale: TV. A. Herron & Sons sold
about 440 feet of frontage by 150 feet deep,
on one of the desifable residence streets
leading off Penn avenue, Twenty-second
ward,, for $30,000. The pqrehaser intends
to have the property platted at once. It is
but a few squares 'from Penn avenue, and Is
very desirable.
Building Permits.
The following pcrmlti were issned to-dav:
Conrad Depple, a two-story framo dwelling,
Arabella stt eot between South. Negley ave
nue and O'Uara stteet; cost $1,209. George
W. Caldwell, a two-story frame dwelling,
Dauphin street near Wineblddle avenue:
cost $1,600. George Rober, a two-story brick
dwellin?. Junilla street near Jolm street;
cost $3,700. Michael M. McGenn, a two-story
frame dwelling, Breieton avenue near
Thirty-third street: cost $400. -Edwaid Paw,
lrame addition, llnno sti eot .near Flity
second street: cost $250. Gustavo Enrharot,
flume addition. Ivy street near Ellsworth
avenue; cost $J50. Gustavo Ehrhaidt,
a one-story frame dwclllng,l7y street,
near Lincoln avenue, cost $350. William
llavls, a. one-story frame stable, Shaler
stieet;cost, $70.
Latest Sales Reported.
B. A. Dickie & Co. sold for II. S. A. Stewart
to Mis. A. M. Newmyer a two-story and
mansaid brick residence with u lot 40x156
feet, on Hays street, for $7,800.
Liggett Bros, sold to Mrs. L. C. Dravo a lot
47xl20 feet on Howe street, near College
avenne, for $5,110. A lino residence will bo
elected at once.
Messrs. Piper & Clark sold for W. II. Will
iams, lots Nos. 10 and 12 in tho Williams
plan, Nineteenth ward, each fronting 40 feet
on Chislett street by 100 lectin depth, or
$' 800.
C. K. Chambeilain sold 13 lots in tho Nim
mick Terrace Blan, Wilkinsburg, each front
ing 30 icet 011 Afrh stteet by 120 leut in dunth,
to Mr. Frank Edwards for $9,100: nUosoIda
lot In the- samo plan to Mr. M. Hall, 30x120
leet, lor $750.
Black & Baird sold to Charles Ebrhardt
for Mr. Eliza Ittel, -lot No. 9 in the Ittel
plan. Eleventh ward, Allegheny, fronting 40
jew in Wylle avenue corner of Massachu
setts avenue, by 120 feet in depth, tor $1,300.
Howard Brown sold two lots on Ku!lv
street, JSrnshton, for, $4,800, to James E.
Hoke, of Latrobo, for Georje W. Krats.
J. E. Glass sold for A. c. W.itkliis lots Nos.
S4 and Stl in tho Allequlppa place plan No. 2
lor $500 each. The purchaser 'will improve
tbe property at once.
Johu K. Ewlng & Co. sold for A. P. Leon
ard to Charles S. Tonlu, the property No. 7
Leland avenue, Allegheny, consisting of
new frame house pf three rooms and a lot 25
xioo leet, tor 800.
Reed B.-Xole & Co. sold fo the Squirrel
Hill Land Company, lots Nos. 25 nnd 26, situ
ate on llaldauo street, Twenty-third ward,
for $900
The Barrell and Kensington Improvement
Companies report the lollowing sale of lots
at Kensington: John C. Christm&n. New
Kensington, lot 63, block 6, $892 50; William
W. Barton, New Kensington, soatn five feet
of lot 56, and uortu 15 leet or lot 55, blcckt,
$937 60: Mrs. Era B Miller, Pittsburg, lot 110,
block 6, $787 50.
A BRISK FRIDAY TRADE.
Operations Bather Active .In mercantile
Lines, Most Noticeable Among the Pro
dace Commission Men-Cost Shaded a
little dn Nuts and Vegetables Poultry
Easier.
FRIDAY Oct. 28.
A brisk trade was in progress along the
wholesale mercantile line, to-day, especially
among the produce commission men, but it
was mainly the usual Friday preparations
for the Saturday demand made by city and
nearby retailers. Business is much better"
than a fortnight ago, however, and in a
general way is fully up to expectations. As
aiule prices showed no change of conse
quence to-day in any line, though here and
there cost was slightly lednced. this state
ment being particularly applicable to nuts,
which wero In excessive supply, poultry
and some descriptions of vegetables.
Grain, Flour and Feed.
Sales on call at the Grain and Flour Ex
change to-day: Ono car No. 1 timothy hay,
five days, $13 OOj two cars No. 2 timothy, five
days, $11 00; one car No. 2 white oats, ton
days, S7e; ono car sample, -oats, ten days,
36c Bids aud offers:
spot.
Bid.
? 30K
. 13 50
Asked.
t 37
14 50
53
13 51
47.'
45
50
43
SIM
14 50
13 25
12 OJ
No. 2 white oats :
Winter wheat bran
No. 2 vellow ear corn
Sl.'i
No. 1 timothy hay 13 15
FIVE DAYS
No. 2yellow shelled corn 4V
New ho. 2yelIow shelled corn.... 42
Mixed car corn 45
New No. 2 yellow car corn 44
No. 2wlilte oats ZCi
Extra No. 3 white oats 35
Winter wheat bran 14 00
No. 1 timothy bay 13 03
No. 2 timothy hay 11 CO
TEN DAYS.
No. 2 red wheat .'.... 74 78
No. 2 yellow shelled corn 45 43
No. 2 ycllon earcorn 52 50
r. o, 2 yellow ear corn, new 41 4S
No. 2 white oats '"V Z1'4
Extra No. 3 white oats 35 '4 36
Wlnterwheat bran 14 OU 14 0
No. 1 "'lute middlings 18 00 18 50
No. 1 timothy hay 13 00 13 50
Receipts bulletined: Via the P. & L. E. 2
cars oats, 1 car bran, 1 car corn, 3 cars hay,
3 cars flour, 1 cars rye, 2 cars barley; via the
P. & W. I car oats, 1 car hay; via the P.,
C. C. & St. L. 5 cars hay, 0 cars corn, 2 cars
oats, 2 cars straw, 1 c.ir feed; via the P., Ft.
W. & C.-ll cars hay, 3 cars oats, 1 car flour,
1 car barley, 2 cars corn. Total, 52 cars.
ItANOE OP THE MAEKET.
The following quotations for grain, feed, hay
and s'raw are for car lots on track. Dealers charge
a small advance irom stores
Wheat-No. 2 red
Cobn No. 2 jellowear
High mixed ear.
, Mixed ear
.No. 2 yellow shelled ,
High mlxpd shelled.....'....
Mixed shelled
Oats-No. 1 white
No. 2 white ,
Extra lo. 3 white
37!(a 33
36 S6K
No. 3 35 13) 3H
Mixed 33
3-1
63
Rye No. 1 Western el
"N'o. 5 Western 61
62
FLOUK (Jobbers' prices) Fancy brands, H 75Q
5 CO: standard winter patents. $1 504 75: soring
patents. $4 BUSH 85: straight winter. $4 0f4 25;
clear winter. $3 754 10; XXX bakers, S3 753 85;
ry . 3 50Q.1 75.
Tho Exchango Price Current quotes flour
in cailots ou tract as lollons:
Patent winter...,
Patent spring....
btralght winter..
Clear
Low jrrades
live flour ,
Spring baker 3 43 W
MILFKED No. 1 white middlings. t17 5013 5:
No. white middlings, $16 CO IS t0; winter wheat
bran, $14 torau 75; brown middlings, f .5 00I6 00;
chop. (IS C02I ou.
IlAY-Choice timothy, $13 50013 75; No. 1 tim
othy. $12 75SI3 00; No. 2 timothy. 110 7511 00;
mixed clovi rand timothy, $12 C012 .0: Peking,
$7 0008 00: feeding prairie. $3 509 ou; wagon hay,
$15 UJ17 00.
bTRAW Wheat, $3 750 CO; oat, $6 C03 23: rye,
$7 5l800.
Groceries
SuoAn-Patent cnt-loaf, 6Mc: enbes. SJiJc: pow
dered, 5Hc: granulated (standard). 5c: confec
tioners A. 5c: soft A. 4K4?c; fancy yellow, 4Hc;
fair yellow, 4!-4lJkc: common yellow. 34)Sc
Coffee Koasted.in packages btandard brands.
223-20C; second grades. 21(S22c; fancy grades. 26(9
.".the. i.oose Java. SHi3R'4c: santos, 2727$c:
Maracaibo, 2Sc: Fcaberry, 2727Jic; Caracas, 19
29c; Kio. 22iaMc.
MOLASSES-t holce, 3S33!c; fancy, 39.40c;
centrifugals. 3031c
bYItnr Corn svrnp, 2127c:.sugarsvrop, 283Ic;
fancv flavors, 3235ctblac strap. ISft&lfic.
Fruits London layer raisins, $2 50: California
London la) ers, tl 0C2 10: California mnscatels,
bags. 5tc; boxed. $1 151 25: Valencia, 5H5c:
Undara Valencia, 7X7c: California sultanas. 11
!lKc: currants. 44Xc: California prunes, 9jtH
Uc: French prunes, 7J4IO,Sc: California seedless
raisins. I-lb cartons, Sj 75; citron. 2021c; lemon
peel. wyMUc.
Kick fancy head Carolina, 6'46Mc: prime to
choice, SHtaJc; Louisiana, 56c; Java, 5,'SiJic;
Japan. 5K&BC.
Canited GOODS-Standard peaches, $2 102 20;
extra peaches. $2 452 60; seconds. $1 92 00: pie
.peaches. $1 251 30: finest corn. $1 40 1 50: Har
ford county corn. $1 05l 10: lima beans, SI 20
1 25; soaked, 8TS3c: early June peas. $1 151 25;
marrowfat peas. 51 0SfH 10: soaked, 7580c: I rench
peas. $11 5020 00UOU c-insorSl402 50$dozen;
pineapples. $1 2jl 30: extra do. $2 40: Bahama
do, $3 00; Damson plums. Eastern, fl 25; Cali
fornia pears. $2 2iu)2 35; do green gages, $1 75:
do egg plums. $1 75; do apricots. $1 80(3: 10; do
extra white cherries. $2 752 85; do white cherries.
2-lb cans. $1 65; raspDerries. $1 251 50; strawber
ries. $1 I5l 25: gooseberries. $1 11X91 25: tomatoes,
D5cll CO; salmon, 1-lb. $1 39(91 35; blackberries. 70
80c: succotash, 2-lb cans, soaked. 95c: do, stand
ard. 2-lb cans. $1 25I 60: corned beef. 2-lb cans,
$1 75l 80; do, 14-lb. 113 00: roist beef. 2-lb, $1 75;
chipped beef. 1-lb cans. $1 952 00; baked beans,
$1 15(31 35; lobsters, 1-lb. 2 ti: macKereL fresh.
1-lb. l 00: broiled. (1 50: sardines, domestic Ms.
$4 (10: Hs. $6 25; hs, mustard, 13 25: Imported. Ms.
$10 5f(ai2 50; Imported. Hs, S.8 0fl23 00; canned
apples, 3-1 b. 75&S0c: gallons. $2 Bu3 00.
OILS Carbon. 110, 6c: headlight, 8Kc; water
white. 7c: Elaine, I3e: Ohio legal test. 6Mc;
miners winter white, 3440c; summer, 3233c.
Dairy Products.
ItrTTETt Elgin creamery. 3233e; other brands.
2X3)31 c: choice to fancy dairy and country roll. 25
27c: falrto medium grades. lSa22c: low grades, 12(3)
15c; cooking. 9Ilc: grease, 57c.
CniESE-'Ohlo, 105illc: lew York, HMIHic;
fancy Wisconsin wiss Blocks. I415c: do .bricks.
HK12c: Wisconsin sweltzer. in tabs, lUc;
limburger, lOQUc; Ohio Swiss. 1213c.
1'ggs and Poultry.
EGOS strictly fresh Pennsylvania and Ohio, 21
22c: special marks, 5c: storage stock. 19(320c.
Poultry Live Spring chickens. 4045c per
pair for small to medium sized and 50355c forextra
large; old chickens, 601370c: ducks, 5ot0c; geese.
75cal 00: turkcs. r.)l4c per lb. Dressed-t hick
ens, 13I5cper lb: ducks. 15!!lc; turkeys. 16 17c.
Berries, Fruits and Vegetables.
Quotations on cranberries were unchanged
to-day nt $2 252 50 per box and $6 507 50
per bbl.
Fruit": Apples, $2 25Jt 00 per bbl; quinces,
$2 253 50; peirs, $3 G36 50; Jamaica oranges,
$6 007 00 and $3 503 75 per box; Malaga
1 grapes, $5 256 50 per keg of 5j lb: Persian
dates, $1 25 per box; lemons, $1 5Dj 00 per
box; bananas, $1 252 25 per bunch; pine
apples, 1215c each by the bbl: Concord
grapes, 20o par 8-lb box; Niagaras and
Catawbas, 3035c.
Vegetables: Cabbage, $1 251 50 per bbl
and $6 007 00 per 100; onlon, $2 25g2 50 per
bbl for 1 01 nnd yellow and $1 25 pel Uox lor
Spnislsh: turnips, $2 002 25 per bbl; ruto
baca, $1 25: carrots, $1 7.102 00: pat snips,
$2 252 50: cauliflower, $2 002 25 per dozen:
celeiy, 2540c. ,
Potiitoi-.: Irish, 7380o per bu from store
and 6570c on track. Jersey sweets, $2 50
3 00; Baltimore do, $1 752 25.
Miscellaneous.
Buckwheat Flour New. 2';'(33c per lb.
bEEUS Choice recleaned Western timothy, $1 90
195 perbu; choice recleaned Western clover,
$7 50: white clover. $11 50: orchard grass. $1 35;
millet. $1 4531 W; bine grass, p 03(32 25.
Beas Ivew'Vork and Michigan pea beans. $2 15
fi20 per bu: hand-nicked medium. 32 05.: 10:
Ima, 4'-tc per lb: l'enns) Ivanla aud Ohio
beans, $1 7it 90 per bu. -
BhfSWAX-Cholcc. yellow, 30(333c: dirk. 2523c.
IION'EY New crop white clover. 2l2Jc H.rlb;
buckwheat. 14:6c; strained honey 8f3Jc.
TLLOW Country rough, 3'4(34c per lb; city ren
dered, iWHc.
Featii frs Extra live geisc, 3SG0c per lb: Jo.
1 d 4S'.0c: mixed. axSluc. -
Nuts Chestnuts. $4 5135 0) per bushel: pea
nuts, green, 4f3Ucper poumi: do roasted, fl liD
125 per bn-hei: hickory nuts. 1 -Wai 73: shell;
narks. $1 M1 75: new walnuts. Toioc: old do.
C570c: butternut". 6737uc for old and 758ic
for new; Alberts. Ocperlb: almonds, 'larragona.
18c; do vica,16c: do paper shell, 2u: sliel'u.1
almonde. 3ic: Brazil nuts. 8(33c; French wal
nuts, 9c;prcans, ltc; Naples walnuts, 13c; Grenoble
walnuts, 13!c.
PjcKLEt 1 503 50 per barrel.
ropooits 45c per lb.
Bar Silver.
Newt Tork, Oct. 28. Special. Bar silver
in London, 30Jd per ounte. New York
dealers' price lor silver, SSJc per ounce.
Closing Philadelphia Quotations.
Bid. Asked.
Pennsylvania v
Reading .....2KJ4
Buffalo, N. T. & Philadelphia ZK
Lehigh- Valley.. .... : 57J4
Lehigh Navigation 54
Philadelphia and Erie 3i
2iortliernl'aclflc.com,inon ..18
N.orthern Pacific, preferred. 50
w
29 H
55
33
19H
50j
Wool.
New York, Oct; 28. Wool quiet and Arm:
domestic fleece, 2535c pulled, 2032c;
Texas, 1521c. .
PHiLADtLFHiA, Oct. 23. Coarso wools con
tinue in good demand) prices firm ana un
changed. '.l. "
74 m 75
S3 (S 53M
Wi 52
49 50
43 & 4SK
47 47 H,
45 (3 4S
fl 153)1 15
4 4O3H50
2 7t?MoO
3 25.150
2 252 75
3 5MS.I 75
BESSEMER IS HIGHER
And Advancing, and Soft Steel
Billets Are M ovine:, Upward.
A SHARP ADVANCE THIS WEEK
In the latter Owing to Light Etoccs and
an Increased Demand.
8TEDC1UEAL IKON AXD SCRAP FIRM
Fbidav, Oct 2a
For certain descriptions of raw material
activity was the rule this week. The heavy
advance in soft steel caused considerable ex
citement amon; dealers. Spot billets were
out of the question, while nearby deliveries
were eagerly sought ior. Sales books and
contracts were carefully examined in order
to take in the situation; those who sold
large blocks short were far from, bein
pleased with the outlook. During the past
six weeks a large amount of billets was dis
posed of at prices ranging from $21 752 75
up to $23 25 per ton according to time of de
livery: these prices being the lowest that
steel billets ever touched. In conversation
with a leading steel manufacturer, one who
was raised in the business, he said: "I am
satisfied that good steel billets can't be
made at a profit below $23, nnd in
many cues they cost more. O. course, sell
ing material below tho actual cost of pro
duction can't holdout long, hence, the sales
of cheap billets aro a thing of the past."
The Improved Tone Maintained.
It can safely be said that the Improved
tone of the steel trade has been fully main
tained the past week and the impression is
becoming stronger that tbe .improvement
will be permanent. Sinco tbe financial
panic of 1690 but few new development
schemes requiring iron have been launched,
because of the difficulty of enlisting capital,
but now th.it the monetary situation is
favorable and confidence, has returned new
projects are being taken in band. A con
siderable amount of work is in sight already
and the prospects are such that activity for
a long timo would not be surprising. The
situation has not vet developed sufficiently
to warrant conffdent predictions on this
score, bnt ic Is regarded as a very hopeful
one. Ic is certain that consumption is now
very large and steadily inci easing, the low
prices ruling, no doubt, stimulating the de
mand. The inquiry for pig iron is improv
ing, but buyers are not quite convinced that
prices are likely to advance mucli very soon.
They are still taking iron in comparatively
moderate quantities, but would make long
contracts at present prices ir the producer
would agree. This cannot be effected, how
ever, as the sellers seem perfectly satisfied
with the situation.
Eastern Views.
An Eastern iron dealer has tbo following
to say about billets: "In some specialties
there is a good deal of nervousnesses shown
by the recent erratic quotations In steel
billets in Pittsburg. Not mora than a couple
of weeks ago prices In that market were con
siderably less tlian $22, but a few days la tor,
without any perceptible change in tho gen
eral situation, $23 anil upward was asked.
The only way to account for such a sudden
chango is that the trade there is governed
by notion: if there is a large inquiry one day
thoy appear to get the idea that prices ought
to bo higher; then, if they lose an orUer,
prices are soon back to the old figures."
The Temper at the Close. .
Bessemer pig is held at an advance to-day;
tbe stock In first hands ls'reported smatU
Gray forgo is steady, but not very active.
In steel billets the excitement continues,
the advance has been maintained and a
further one demanded; spot and early deliv
eries aro held at $25 2525 50: in fact, the de
mand exceeds tho present supply, nnd tbe
outlook, therefore, for steel makers is a
favorable one. Muck bar is steady. New
steel rails have sold on cars at mill at $30.
Scrap matetial is firm, with an active de
mand. Structural material Is very active
and firm. Sales reported this week:
COKE-SMELTED LAKE A3TD ITATIVI OHES.
3,000 tons Bessemer. Dec. Jan $13 33 cash
3,000 tons Bessemer. Jan., Feb., March. 14 00 cash
2.50U tons Bessemer. Jan. ITeb 13 90 cash
2.0UO tons gray forge, Nov., Dec 1Z SO cash
2.U00 tons gray forge, Dec 1:50 cash
1.000 tons Bessemer, Dec 13 90 cash
l,0u0 tons gray forge 12 50 cash
1.ID0 tons gray forge, allore 127a cash
1,000 tons mill Iron 12 50 cash
750 tons gray forge, Nov.. Sec 12 50 cash
700 tons mill Iron 12 50 cash
500 tons Bessemer 14 00 cusn
500 tons gray forge. Nor., Dec 12 50 cash
500 tons gray forge 12 50 cash
500 tons gray forge 12 50 cash
200 tons No. 1 foundry 14 50 cash
200 tons No. 2 foundrr. 13 50 cash
200 tons No. 1 foundry 14 50 rash
150 tons N'o 3 foundry 13 00 cash
150 tons white and mottled 12 Ou cash
50 tons No. 1 silvery 16 50 cash
50 tons open mill 12 73 cash
25 tons No. 2 foundry;....; 13 50 cash
25tonsNo. 2fonndry 13 73 each
25 tons A 0.2 foundry 13 75 cash
STEEL BILLETS. SLABS AND BLOOMS.
3,000 tons steel blooms, billets and slabs.
January, February and' March$2i CO cash
1,500 tons blooms and billets, tvovem-
her, Decemberand January 24 50 casli
1,000 tons steel blooms and billets, No
vember. December 25 00 cash
1,000 tons blooms and billets S50 cash
i,U)0 tons billets and slabs 24 75 castt
500 tons steel blooms. November 2i 50 cash
500 tons steel billets, December 25 25 cash
100 tons steel billets ; 25 50 cash
EKELF IUOX.
1,000 tons sheared iron S 1 S3 4 m
'50 tons wiue grooved 105 4m'
boo tons narrow grooved 1 bz;i 4 m
SKELP STEEL.
550 tons wide grooved 1 52 4 m
250 tons wide grooved 1523 4 m
MUCK BAB.
1,000 tons neutral, Nov., Dec $24 05 cash
500 tons neutral, Nov 24 50 casn
250 tons neutral 25 00 cash
BILLET AND BLOOM ENDS.
1,000 tons billet and bloom ends $16 25 4 m
STEEL WISE BODS.
830 tons 5 gauge American at mill $32 00 cash
SUEET BARS.
600 tons sheet bars, at mill $31 CO cash
FEIIRO MANGANESE.
ICO tons 80 per cent. Imported $62 50 cash
CHARCOAL.
200 tons cold blast S26 50 cash
iOO tons cold blast 2150 cash
I0O tons cold blast v 25 50 cash
J0U tons Lake Superior 19 CO cash
50 tons No. 1 fouudrv 10 50 cash
50 tons No. 4 foundry. 18 SO cash
50 tons cold blast 20 CO cash
OLD IKON" AND STEEL BAILS.
500 tons American T6
50i tuns steel, mixed lengths....
123 tons American Ts
$3)50 cash
13 5J cash
. 20 50 cash
ECRAP MATERIAL.
SOO tons railway spring steel, gross. ...$20 50 cash
jxi tons cast borlnis, gros 800 cash
200 tons mixed steel scrap, gross 15 50 cash
150 tons K. It. W. scrap, net 16 25 ra.h
CO tons soft steel scrap, gross 12 75 cash
50 tons iron axles, net a 00 cash
Active nt Chicago.
Chicago, Oct. 23. Special. An active
market is still the ruling condition. The
demand continues good for all kinds of
foundry iron, the call on the Southern fur
naces beihg especially for soft grades. Since
th' last report several companies have ad
vanced gray force to $9 00, Birmingham, and
No. 1 Bolt and 2 foundry to $10 00, which is a
ltirtherstltrening or 23c per ton. Stocks at
the furnaces aro being matfrlallyreducod,
nnd rcnorts for November 1 are certain to
phow a large reduction.
Firm at Philadelphia.
Philadelphia, Oct. -IS. S lecia!. Rogers,
Brown & Co. say: Prices remain firm and
unchanged. Consumers of iron are using it
faster than they expected to when contracts
were made, and consequently everyone is
in a hnrry anil furn.ices simply find it im
possible to ship iion fist enough to meet thn
wants of their customers. Ten, orevenflve
years ago the same conditions thnexlt to
day would have moved the price of Iron up
from $5 to $7 per ton.
New Tork Metal Market.
New York. Oct. 58. Pig iron fairly active;
American, $13 U015 60. Copper easier; lake,
$11051175.- Lead dull: domestic, $3 80Q3 93.
Tin steady: straits, $20 5020 60.
LIVE STOCK.
Bogs and Cattlo Steady to Firm and Sheep
Very DnU,
East I.ibertt, Pa., Oct. 28.
Cattle Receipts, J.120 head: shipments,
030 Head; market steady and unchanged; 1
car cntt'o shipped to New York to-day.
Hoos Becelnts, 2,700 head; shipments,
2,200 head; market steady; Philadelphia,
IS 0096 10; mixed, IB 89f 3 83; Yorker,, 16 70
3 83; 13 cars hogs shipped to New York to
day. Sheet Receipts, none; shipments none;
market slow at about unchanged prices.
By Associated Press.;
Chicago The JTrenino-.TbvnKrfreports: Cat
tle Itecelpts, 11,000 head; smpments, 4,000
head: market active and steady to firm: no
extra steers on the market: choice to rjrlme,
$5 005 45; others, $3 50 75; Tezans, $2 509
3 03; rangers, $3 3304 09. Hogs Receipts,
28,000 head; shipments, 10,000 head; mark'ec
active and strong: rnngh and common, $5 35
3 40; mixed, $55005 65; prime heavv anil
butchers' weights', $5 705 95; light. $5 3B
5 SO Sheep Receipts, 6.000 head; shipments,
1,200 head; market slow and weak to 15o
lower; ewes, 13 504 23; mixed, $4 254 65;
we'hers, $5 005 25; Tezans, $4 30; lambs,
$3 735 50.
New York Beeves Receipts, 1,753 bead,
including Si cars for sale; market steady;
native steers. $2 255 15 per 100 pounds: Col
orados, $3 804 00: bulls and cows, $1 503 00;
dressed beei steady at 7Sc per pound.
Shipments to-morrow, 690 ueeves and 10,733
quarters ot beer. Calves Receipts. 115 head;
market steady; veals, $5 C07 50 per 100
fiunnds. Sheep and lambs itecetnis. 5,458
lead; market steady; sheep. $3 404 75 per
100 potmds; lamh, $4 75G 15: dressed mat
ton steady at 78c per pound; dressed
lambs dull at 79Kc Hogs Recelpts.'S
head, consigned direct: market nominally
steady at $5 60S 15 per '100 pounds.
Buffalo Cattle Receipts, 2 loads sale:
slow and weak for common grades; good cat
tle firm. Hogs Receipts. 54 loads through,
35 sale; slow and lower for light; good me
diums and heavy steady; heavy cornfed $6 10
6 15. Sheep Ueceipts, 6 loads through, 28
sale; very dull and slow, with prices 10a
lower: choice to fancy wethor, it 504 73;
lambs, native choice to fancy, $5 25.
Cincinnati Hogs stronger at $4 735 75; re
ceipts, 6,000 head: shipments, 5,boo head.
Cattle firm at $1 75Q5 CO; recoipts, 675 head;
shipment', COO head. Sheep steady at S2 50
5 00; receipts, 1.UC0 head; shipments, 450
head. Lambs strong at $3 503 25.
OIL SLIDING DOWNWARD.
McDonald and Slstersville Both Showing
Light - Tho Forest's Clever Doing CO
Barrels an Hour Three Wells on Top of
the Shnd Itcports From "West Virginia.
There was another dropping off yesterday
in the production of the McDonald field,
and tbe run3 irom Sistersville were only
11,887 barrels, or 1,320 less than the day
before.
The estimated production of McDonald
went down from 18,500 barrels to 18,000 bar
sels, and there were no wells reported by
the Pipe Line people as making 20 barrels an
hour or more.
The People's Gas Company's No. 157 on tho
McMurr.iy farm, near Gregg station, on tha
Panhandle, was in the top of the fifth sand.
Both of these wells will be drilled in this
morning.
The People's Gas Company is startinz to
build rig3 for their No. 2 and 3 on tho Dixon
larin. in the aleiso Gordon sand pool, south
of Willow Grove. They have completed tho
rig at their No. 156 on tho McMurray farm at
Gregg's, to take the place of the one de
stroyed by fire the first of the week. Tnern
is a shot in the hole and a bridge about 80
feet abovo the shot which they are trying to
break up without exploding the nitro
glvccrine below.
There was a fourth sand well reported
near Venice ns making from 100 to 150 bar
rels a day. It Is Owned by Eachel & Ritchie.
Richards & Co. are drilling a well a
couple of miles north or McDonald, which
is within a short distance of the Gordon
sand.
Sand In the Martin Well.
The well of J. M. Guffey & Co. on the Mar
tin farm, at Killwell postofllce, eight miles
due east of Slstersville, was reported In
Sistersville yesterday morning to have
reached the Big Injun sand. This venture
has caused much speculation, and what the
final outcome will bo is still a mystery. On
account of its distance from other wells, and
tbo uncertainty as to the dip of the rock,
the owners and contractors don't know
where they are at, and nre practically feel
ing their way. They struck a good gas vein
In what they now believe was a break in tho
limestone, and after drilling through the
limestone and a layer of slate they got what
they assert to-be the regular Big Injun.
Four miles east of .north of the Martin
faryi well Tom Mills is down 1.S00 feet on a
farm at the head or Fishing creek. He has
been delayed by a fishing Job, but succeeded
a few days ago in getting the tools out.
Undercliff Patterson & Sohn's well on
the Erhrnentrout lanniscood for probably
40 barrels a day from the 30-foot
The Gauges.
Tbe production or McDonald wag 18,000
yesterday, 500 loss than the day before. Tha
estimated production was 13,000; stock In
field, 44,000.
The runs from the Sistersville field wera
11,887 barrels on Thursday.
Itunsyand Shipments Thursday.
The Thursday runs of the National Tran
sit Company were 32,215; shipments, 32,214;
Soutnw est runs from McDonald were 14.827;
outside of McDonald, 9,127; total, 23,954.
Buckeyo Pipe Line runs from the Macks
burg field, 4.9C9; shipments, 750; Buckeye
runs of Lima oil, 52,847; shipments, 40,476;
Enreka Pipe Line runs, 17,014; sblDmems,
1,744; Southern Pipe Line shipments, 20,834;
New York Transit shipments, 32,719.
The Western and Atlantic lines ran 3,198
barrels Thursday: shipments, 2 374.
The runs of the W.L. Mellon Pine Lines on
Thursday were 6,439; shipments, 2,090.
The runs of the Tidewater Pipe Line Com
panv w ere 5,015. Total for the month, 54,78 J;
average, 3,140. Tbe shipments on Thursday
were 23,307: total for the month, 203,669;
average dally shipments, 7,513.
The Oil Market.
Ranee of the November option: Opening,
50lc; highest, 50c; lowest, 50c; closing,
60!c.
Refined oil New Tork, Cc; London, 4J
4Kd; Antwerp,'13Jf-
Oil City, Oct. 28. National Transit Certifi
cates opened at 50v; highest, 50c; lowest,
50c; closed, 50Jc: sales, 43,000 barrels: clear
ances, 160.0M) .uarrels: shipments, 99,208 bar
rels; rnns, 86,021 barrels.
New York, Oct. 28. Petroleum opened
dull and was practically unchanged all day.
Pennsylvania oil, spot sales, none: Novem
ber option, sales, 2,000 barrels at5050o(
Lima oil, sales none.
The Superior
MEDICINE
for all forms of
blood disease,
AVER'S t
Sarsaparilla
the health
restorer, and health
maintainer.
Cures Others
will cure you.
DANIEL M'CAFFREY.
CHOICE TIMOTHY HAY.
Car Lots a Specialty.
238 AND 240 FIFTH AVENUE,
se9-D PITTSBURG-.
UIIOKEIIS FINANCIAL.
ESTABLISHED 1SS1.
John M. Oakley & Co.,
BANKERS AND BROKERS,
" 45 SIXTH ST.
Direct privato wire to New Tork and Chi
cago. Member New York, CUicag and Pitts
burg Exchanges.
Local securitie bought and sold for caja
or carried on liberal margins.
Investments made at oar discretion and
dividends paid quarterly.
Interest paid on balance (since 1835.)
Money to lean nn calL
Intormation books on all markets mallei
on application. - ie7
Whitney & Stephenson,
57 Fourth AvenusHi-
apjo-34
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