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-iMEY AND STOCKS.
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iUUUb lieilllillllg riuui tuo julguuj,
to the Metropolis.
ilOCAL SECURITIES CLOSE DULL
W. Weei of Weaknes in Airbrake and tha
Street railways.
'FINAhCIAL SEWS FROSI ALL POINTS
Saturday, Oct 29i
The K"ew York bank statement, issued to
day, was a favorable one, showing an in
crease in reserves of more than a million
and a half ot dollars and indicating that the
return flow of money to the metropolis has
already set in. Comparcd with the state
ment ot a week ago the following changes
arc shown:
KcEcrve. tncreise t I,SU,S0
Loans, decrease.. 3,221,100
Mieclc Increase -.'01,600
Lcr1 lenders, decrease 1.59S.I0O
Deposits, decrease S.835,000
Circulation. Increase 4.900
Amount Above requirements..... 3.SS3.67S
bamctlmc last year 13,338,100
In reviewing the stock market and
Monetary sitnation, Henry Clews & Co.
say: The hardening tendency of the
money markets here and in Europe
naturally hold. speculative trans
actions in check, the more so as the drift
has run farther than has been generally ex
pected. "We have been assured by Chicago
banking authorities that that money center
has so far gained control ot interior finances
that the great grain States would no longer
be dependent on ITew York fands tor mov
ing the crops. Some people believed
this beast, and are consequently
taken by surprise at the present
condition of our banks; bnt the fact has been
that, since the end of July, the surplus re
serves of the Clearing House banks have
fallen from 521,000,000 to zero, and that?20,
000,000 of money has been sent lrom JJew
York to the interior. This is a change $o
Ewecpirg and so unexpected that it neces.
aarilv becomes a serious clement in Wall
street opemtion?. as its effects arc apparent
In stringency and unusually high rates for
loans and discounts. It must
be remembered, however, tliat we are now
in a stage o' the year when the piessuro on
the money market Is usually ut its maxi
mum. Tuo Western demand for currency
rnav be expected to decline from tins time
forward, and in another month we shall
probably see the leserves steadily re
cot ering.
Growth of Our National Bank.
The follow ins table, furnished by It. J.
Stoney, Jr.. -hows the frron th of Pittsburg
National banks dining the past 22 years:
i?Cn.j SLrplus I Loans
of Capital. and Deposits.! and
llks! rroflts. jDlsc'nts.
1S70.I 16 SS.000,100 J2.SC2,S95SB.T60,6!!2tl3.7.ST9
1S7T. 22 10.3Sti.tOC 3.5si.2rt 14. 442.618 18.159.360
U7S. 22 J0.S30.fO0 3.268,93 13. 141.778 16 670.939
1679 22 Il.S50.O00, 7.!3.773 16.015. 455 17.460,915
ltSO. 22 O.MUOj 3.5--l.3t 15,C8.631 1U.6u3.S46
Jll. 22 ' 9.8-0 Ul.0 3.DH.722 24.(S.(60 22.643.091
t. 23 I 10. 021.41.,' 3.1V0.0 8 26,463,613 3 947.810
1(84. S3 1U.1M.00 4.319.:28 :4.1. 615 25.&J0.038
1M3. 23 I 10 150.XO 4.3.3.5f2 23.656.169 24,871.132
168. 23 I 10.1KI.O)Oi 4 UJS.M7 2772.639 S7.8rO.OM
I8b7. 13 I 10.IS0.100 5.292.703 1N.TK.M? 3t.9S9.8-6
ISA's. 24 10.4 0.000 5.S4210 3i502.S42 31.6 S.0CS
ItSA. 2S MS I.7U) 6.442.7C8 3S..432.522 37.530.725
1890. 27 10.S6i.S70l 7.117,491 40.279.2.S 40,4.3 911
1891. 27 ll.Mdirol 7,3S.253 39,042,357 3S.MI.552
1832. " 11. O0U.10UI S. 110.711 45 095,790 40.993.575
In tho last ten ycais tho earnings of the
btnks ranged lrom 5 por cent lo 47 per cent,
and duiing the same period the gain in sui-
Elus and undivided profits has run ud as
igh as 1C0 per cent.
Local Securities.
Transactions on 'Change this week wero
8.1(1 shares of stock and ;4H worth of scrip,
against 2.753 shares of stock, 62,000 bonds and
(408 scrip tor the four business days of last
week. The largely increa-ed inteiest in
politics was a restricting liictor, but forall
that trading was fair and several important
features were ae eloped, the most notable
ones being the declines in tno street railway
shaies, the break in -Airbrake, the advance
in Union Switch and Signal, anil Electric,
and the iccovervin Philadelphia Company.
Tlie closing bids to-day,, compared with
those of lust eek Thursday, show the fol
lowing changes:
Advances Philadelphia Company, J: Cen
tral traction, J: Union Switch ami igual,
lli; Standard bnderground Cable. i. United
States Gl:i-s common, : Electric second
preierred, J do umisseiitt-d, 4.
Dc lines Ui.irtieiH Valley Gas, JJ: rco
p'e's Pipeae, ,; Pleasant Valley
railway, li: Duqne-ne traction, 1. & it
traction, JjJ; P., A. & M. ti action, ; Luster
Mining Company, ; Westiughouso Ail
brake, 8.
The Street Railways,
There has been a constant dribbling of
street railway shares during the week, and
coming on the market at a timo when many
ot those presumably most interested in
keeping up theirniarkct value were engaged
in other directions, the natural result en
sued. No support whatever was offered,
and the w onder is that the declines have not
been greater. In tho main the stock sold
lias been lor the account of tired longs,
weary of waiting for "tho pool" to take hold.
It is piobahlcnlso that some of the shrewd
traders seized the opportunity piesented to
put out a lew sl.oit lines. The shares uhich
suffered most were those oiithe Duquestu)
and Pittsbura and Birmingham Traction
compames.the extent to which they suffered
being given in the changes noted above.
Oidinaiily the changes in the market
value ot any security reflect the sentiment
ol the public regarding such value; but it
cannot uc said that anything has developed
of late in the financial or physical condition
of either the Duquesne or II A B. to cause
the changes tuat tue operations of the past
week or so have established. According to
current talk among street lailttuy
people Duquesne uevor did belter
in tho way of earnings than it
is doing now and its equipment and toadbed
were never in such excellent shape as now.
1. & 11. and its branches arc in good shape
physically, they are earning handsomely
and the rloatin debt of the system amounts,
prac.icallj, to nothing. Accettlng these
statements as lact, therefore, the causes
of the declines are undoubtedly correctly
set loitli above. It is cei tain, at least, that
nono ot the buyeis lor u long pull have let
go of any ot their Loldings.
lhere has been considerable doing In the
shares of the Northside lines, but no special
significance is attache! to the dealings, and
no mocmentof consequence is looked for
until the tno roads are finally merged into
oue system and are being operated under
one management, which, it is expected, will
occur by tlie fit st or the ear at the farthest.
Tiien, ii the programme formulated some
time since is carried out, tho stock of tho
consolidated s steins will bo boosted a little.
Citizens' traction continued to show a
drooping tendency. Pittsburg traction was
steady and Central was tho only really
strong member of the group. The general
opiuion regarding the latter is that it should
not only sell higher on its merits, but on the
prospects of being benefited in some way
by some sort or a deal with the Pittsburg
Duquesne sj stein.
Gas Shares.
Philadelphia Company recovered some of
Its loss and closed in good demand, with in
dications pointing to a lurther recovery dur.
ing tho coming week. Confidence in tho
supply of gas increased somewhat, as no re
ports of a scarcity lollowed the increased
consumption necessitated by a lower tm
poiKturo. The advance in rates also lost its
liuzbejrishness. The demand would un
doubtedly have bcon broader but for the
J act o: a disposition in some quarters to bold
off until the condition ot the supply becomes
clt arly defined through the medium of a
genuine Dakota blizzard. Wheeling Gas
continued weak, mainly because of the low
price ot pen oleum, aud the others were
about steady.
Industrials.
Under this head the conspicnons features
were the dcclino in Airbrake and the ad
vance in Union Switch and Signal, The
movement in tke latter was soundly based,
as was shown in The Dispatch this morn
ing, but so far as could be learned there was
no rcaBiin in the movement of the
lormer. It was simply the result of a scare
that induced realizing sales. Airbrake is
worth Just as much to-day as it was two
weeks agi1, but those who acre eager to buy
then will not touch it now, and there will
probably be a general holding off until tho
pending litigation is disposed of. As stated
belore. the stock, in view of the litigation.
la u very pretty gamble. If the New York
Brake Company wins the suit, lower prices
for the tt estlnghouse stock are sure to be
established; but if it loses, the advance In
Westinghouse will be something little short
of marvelous.
Strength characterized the remainder of
the croup. Electric showing np prominently
in this respect, but thore were no move
ments worthy of special or extended com
ment. In the mining list Luster about held Its
own, but continence in the others, especially
Enterprise and Red Cloud, was shaken some
what by the news and gossip anent them
presented in these columns.
Opinions of a Broker.
A. J. Lawrence & Co. write to the clientele
of their honse as follows:
"Our market was all askew the past week
and furnished a number of surprises. The
most prominent of these was the decline of
about $S a share in Westinghouse Airbrake
on very small salos. Ten days ago it was
selling at 136, and yesterday it was oleicd
at KS), and was nominally 128 bid. We
trnst that nono of onr friends who bought
for an Investment were scared into selling
on the break. Intrinsically tho stock is
worth as much to-day as it was two weeks
or a month ago. 1 1 will pay its regular divi
dends In the tnture Just as promptly. As
to those who bought lor a 'turn, all we can
say is that thoy have had nmple oppoitn
nlties to take handsome profits, and it they
have not done so they havo nobody to blame
but themselves. Tho break was caused by
n misapprehension of action taken br the
New Yoik Central Kallroad relating to the
treatment of cars equipped ith apparatus
other than tho Westingliouso. Heietofore
such cars woto not mixed in trains havinir
the Westinghouse brake. Under the action
referred to, trains on that road will be made
up and forwnrdrd irrespective or the char
acter of their brake apparatus. That's the
whole story in a nutshell, although a report
was first circulated evidently for stock
Jobbing nurpoes that the Ceirral had dis
carded tho Westinghouse brako for that
made by the ew Yoik company. The inci
dent may forco out some margined stock,
but we do not apprehend any further seri
ous decline.
"Westinghouse Electric second preferred
advanced irom 57 to 33 and Union Switch
and SUnai also pained a dollar a siiai e, sell
ing closo to 20. There have been rumors re
lating to both stocks to account for the
rally, but we have beon unable to learn any
thing of a tellable nature that wo care to re
neat. Tl-e Electric market is made in the
East and traders there may or may not he
well informed of official movements In this
somewhat complicated situation. The
course ot the stock has pretty well demon
stiated the rule that hen it looks its
weakest it Is a purchase for a quick turn or
$2, and when it is strongest it i a sale. We
have previously expressed our views on
Switch and Signal and see no reason to
change them. Philadelphia Company has"
recovered about halt its recent decline nrd
is really as Arm at 21K and -lYU as anything
on the list.
The tractions have been a source of sur
prise and disappointment. Central has been
the onlv firm one o the lot, and it has mere
ly held'lts own, instead of advancing, as Its
condition warrants. All the others hao
ruled weak and Duquesne, Birmingham and
Manchester are loner. We have not enough
confidenco In our opinion to express any
views as to the immediate luture, Dut wo
would like to make this suggestion: That
stockholders in Citizens and Pittsburg
make a special eflbit to be present at the
annual meetings of these tuo companies,
which will bo held the coming month. They
are Doth representative street railways:
they are pioneers in the rapid transit busi
ness in this end of tlie State; they are ably
and conservatively managed, and their
financial showing should trive the cue to the
value of the other lines. The meetings will
occur after the election excitement is past,
and they will likely have an important
effect upon the future or their class of se
curities." Specials Trora "Wall Street,
J. S. Bache & Co to Oakley & Co.: "Onr
market opened lower with a sharp decline
In D. C F., bus rallied on the bank state
ment showing an inctease of one
and one-half millions in surplus reserve and
closed at the highest prices or the session.
The fire. in Milwaukee was used by the
traders to depress 'values, but had less ef
lect than we should have expected or it. It
will probably be found when the full details
are known that the losses are less than the
figure at which they are now placed, and as
a depressing influence it need hardly be
reckoned upon.
"Tho decline in D. a F. was
accompanied by lenewed rumors that mem
bers or the pool had sold out on their col
leagues, but the sharp rally late in the ses
sion has given the bulls renewed confidence
audhigher prices for it. are again talked of.
'The principal advances to-u.iy are almost
entirely in the lower-piiced lnncies, and the
genei-U list closes no Higher than last ntrht.
except in very few instances; hence we do
not believe that we have seen the lowest
prices of this movement, and advise onr
iriends to hold offbeloro making purchases.
" t best, the situation is somewhat In
volved for the present, as the prospects of
the election nre daily becoming less easy to
Judge, and much liquidation is probable be
tween this and election day by timid traders
who dread a depression in values if there
should be a change. in. tlie administration."
We prefer to advise our clients to go slow
until politics aie removed from tho situa
tion.' FromSproul & Co.'s market letter: "The
Beading Htnteuicnt for September was a
good one. The gain in net for tho month
was $83,000 against a decrease ot $403,000 in
gross, whilo lor 10 months of the fiscal jear
the companies ate over $1,000,000 better off
as respects net earnings than they wero a
jeurugo. The prevalent dullness, however,
prevented this from having much effect.
New England was quiet but sternly, and a
little boom was started in NewYoik and
Northern preferred on the theory that the
road would be benefited, by the deal. A rise
in Ontario completed the bullish leatures,
the real interest of the hair holiday market
being supplied by turthcr evidences or
weakness in whisky and similar tendencies
in Sugar and Chicago Gas.
'Tho bank statement was favorable, an
increase of ?1,50U,OOJ in the surplus bearing
ont the idea that money is moving in this
direction. A steadier tone without much
positive improvement marked the dos.e,
though apart Irom the increase ot the short
interest there is little to .Justify bullish
feeling about next week's market."
Financial Notesr
It was Intimated to-day in a pretty good
quarter that some pretty good blocks of
street railway bonds were likely to come on
the market pretty soon. It is possible that
some of the banks are abont to take the
selling side, having a fair profit in sight.
Unlisted 8treet railway securities closed
as lollons: Duquesne traction, 2727J P.,
A. &M. traction. 4644 P. & B. traction,
22i& Pleasant Valley Hallway 5s, 102J
biu.
The Anchor Savings Bank has declared an
annnal dividend oi 6 per cent, being an in-'
crease oil per .cent over tho rale paid last
a car. The surplus fund now amounts to
$24,000
It is said that McEeesport is to have a
new bank, to be known as the Second Na
tional. According to current reports the factories
or tho United States Glass Company are
pretty well employed. All their lactones in
this city, as well as those of Tarentinand
Urcensburg, nro in full blast. The new .ac
tory at Gas City, Ind., upon which they nre
no w diking, will have three IB-pot fur
nnces, instead of lS-pot, as belore reported.
Tho company w ill start factory "T,"" their
new acquisition at 1 ostorla, O., ar once on
blown tumbierg.
Westinghon-o Electric second preferred
closed at 3 asked. The previous close
was Z'j askeudnstcad of bid, as reported.
Itegarding tho next dividend to be de
clared by the road, President Koberts says:
"It is not our practice to discuss these
things in advance of tho directors'
meeting, and the gossip which has
been going around is not bused at all on
tellable inionnation. Shall we divide our
$100 000.000 surplus? WeII,"withaslightsmlle,
"I should think nor. A parr, perhaps, but I
cannot sav so authoritatively. The stock
holders will settle that among themselves
and to thcirown satisfaction." As to the re
port that changes in the Pennsylvania's
management were contemplated, he says:
"There is no truth in it. Even if there was
I would not discuss it. There was never a
timo in the history or the load hca things
were goiug smoother."
Close of the Market.
The last call cf local securities of the week
was unmarked by anything of moment
save further weakness In Duquesne and P.
& B. tractions. The sales were as follows:
JO shares Duquesne traction 57J(
3D shares Duquesne traction 27
10 shares Uulun Switch and bit-nab. 19
S shares Pleasant Vailev Kadway.....v... 25K
Total rales, 53 shares. Closing bids and
offers:
BiNE stocks. rar. Bia". Asked,
Allegheny National Bank CO 67 ....
First National liacilt.... 100 .... J80
Freehold to .... 107
Llbertv National j)anx 100 110
Masonic Bank so 65 70
Mrr. A Manufacturers' N. Blc Go 74U 73
Mononjtauela National Bank... rro 145 ....
OM Fellows' bavlncs Bank.... So .... fi
Second National Bank 100 265 ....
JXLECI1ENT BAKE STOCKS.
Enterprise Savings 50 go ....
IICSDEAXCI STOCKS.
Humboldt u .... 85
Western Insurance Co so .... 40
-ATCBAL GAS STOCKS.,
Chsrr.rti Valley Gas Co.. 100 11 II
People's Natural Gas and P.Oo 25 14V KM
Philadelphia Co H UK 2
Wheeling Gas Co 51
rASSKXGEft B'a" STOCKS. ' '
Central Traction 50
Citizens Traction 0
Pleasant Valley. a
HAILROAD STOCKS.
Pittsburg, Yonngst'n an A... SO
Pltuborg and CasUe Sh'n SO
Pitts., Wheeling & Ey. 0
COAL STOCKS. .
K. Y.AC. Gas Coal Co SO
BRIDGE STOCKS.
Northslde Bridge Co B0
Union s
MIXING STOCKS.
La Norla Mining Co SS
Luster MlnlneCo 10
Bed Cloud Mlulng Co 5
ELECTnlC LIGHT STOCKS.
Westinghouse SO
MISCELLANEOUS STOCKS.
Monongahcla Nav'n Co SO
Monongaliela Water Co JS
Union bwltch and Signal Co... SO
Westinghouse Airbrake Co.... 50
Standard Underground C. Co.. 100
U, S. Glass Comp.inv, com .... 100
U. S. Glass Company, pfd 100
ItH
29K 1SH
S2X (3
49
11
53
BO ....
.... ms
.... lo
120 15o
m ox
50a
3SH 24
TOM
s:(
it
13
76
'bS
115K
1
i:s
7S4
OS
MONETARY.
Bates for money in PIttsbnft were quoted
steady to firm all week at 58 per cent, with
the market' fairly active on mercantile and
manufacturing account. Eastern exchange
and currency generally traded even, but
the former medium was in aotive demand
and at times quite scarce
New York, Oct. 29. Money on call easv
atlkGS percent: last loan 2. closed offered
nt2X percent. Prime mercantile paper,5?
6 per cent Sterling exchange quiet at fl&i
for C0-day. bankers' bills and H SSi for de
mand. Clearing House Figures.
Flttsburg-
Exclianges to-day 12,408.500 53
Balances to-day. S9.401 81
tame day last week:
Exchanges S3, in, 638 54
Balances 4C4.SS4 81
The returns of the past two weeks compare
as follows:
Exchanges this week "tin, 426,61 It 82
Balances tills week 2,4fi6.913 41
Exchanges last oecV (5 days) 14,650,0,1 97
Balances last Week (5 days) 2.380,843 21
I'or the week of 1891 corresponding with
this week the exchanges were $11,622,315 31.
Total exchanges to date. 1892. $fi30,!SJ,03C 32;
same tim last vear, $563,548,123 57; tain this
year, $66,531,912 75.
New York, Oct. 29. Clearings, $136,238,
734: balanei-s, $6,469,803. For tho week
Clearings, $760,fc8,112: balances, 536 319 350.
Boston. Oct. 29. Clearing. $17,521,764: bal
ances, $1839350. Monev. 45 per cent. Ex
change on New York, 17lc discount. For
the week Clearings, $107,521,050: balances,
$11,394,G60. For the same time last vear
Clearings. $06,413,333; balances, $11 514,410.
Philadelphia. Oct. 29 Bank clearings to
day were $1S24S, 750; balances, $1,433,254. For
tho week Cle irincs. $86,S62,561: balances,
$11.20,663. Money 4K per cent.
Baltimore, Oct, 19. Clearings, $2,027,127:
balances, $300,195. Hate, 6 per cent.
Chicago, Oct. 29. Bank clearings to-day,
$10,503,913; for the week, $66,075,508: tor the
corresponding week last year, $50,092,167.
New York exchange quiet but firm at 15c
Sremlum. Sterling exchan?o very slow;
i-day bills, $1 S3: demand. $1 86.
Memphis, Oct, 29. Clearings, $171,855: bal
ances, $76,b87. New York exchange selling
at par.
St. Louts, Oct. 29 Clearings to-day, $583,
272: lvilances, $431,063: den rings -this week,
$25,236,256; balances, $2,460,275.
Foreign Financial.
LoxDoir, Oct, 29. Amount or bullion with
drawn from the Bank of England on bal
ance to day, .6 000.
Paris, Oct. 29. Three per cent rentes 08',
92 centimes tor the account.
Losdon. Oct- 292 r. m. Close Consols
.for money. 96: do lor the account,
9Ji; New York, Pennsylvania and Ohio
fir-ts, 23; Canadian Pacific, &H; Erie.
27J; do seconds, 109J(: Illinois Central, 102J
Mexican ordinary, 22; St. Paul common,
S: New York Central, 113J: Pennsylvania,
57: Reading, 30; Mexican Cential, new 4s,
71K- Bar silver, 39 1-16J. Money, llJi per
cent. Bats or discount in the open market
for short bills. 2X-X per cent; three
months' bills, 2K2J.
TWO GOOD ACREAGE DEALS
And a Number of Transactions in Kesldenco
and Unimproved Properties Wind Up a
ITetty Brisk Week in Bealry Circles
Gossip, Permits, Etc
Saturday, Oct 29.
An important deal which has been pend
ing for some time was finally consummated
to-day. Baxter, Thompson & Co. sold for
the Fercbment 'estate part of the property,
known as the Perchment farm, situated in
Sterritt township, adjoining the borough of
Brushton. The tract contains 35 acres and
was purchased br Jl E. 'Glass, the real
esate agenr. for $38,000. Tho property has
frontage or 1,200 feet on Franks town avenue,
and is situated near Wood street and Brush
ton "avenue. The laud will be plotted at
once.
Another Salo of Acreage.
Black & Bali d have Just sold for D. W. C.
Bidwella tract of land in the Twenty-third
ward, containing 16 acres, for $35,000. This
property is situated at Four Mile Bun and
has a lrontage on Forward avenue of 2.000
fee i.
This land has been in the hands of the
Dupnnt Powder Company for 30 years, hav
ing been pnrchased by this firm from the
People's Insurance Company for $5,003.
Building Permits.
The following permits were issued to-day:
J. E. Glass and E. T. Wright, 10 two-story
frame dwellings. Hill Side street, near Wal
lace street; cost $6 500 for all. S. W. Brown,
a two-story biick dwelling, Bebecca street,
near Friendship street; cost $5,000. Michael
Ilersiaks, a two-story brieK dwelling, Mc
Candlcss avenue: cost $2,000. John Brown,
a two-storv brick dwelling, Wvlie avenue,
between Francis and Wandless streets: cost
$3,000. Christopher Fink, a tno-stoiy fiame
duelling, Ilnnton alley, between Ex
celsior and Washington streets; cost 5930.
S.J. little, a two-story caipenter shop,
No. 1 Fourth avenue; cost, $600 S. S. Palmer,
a two-story frnme duelling, Kcllv street, be
tneen Munland and Dallas avenues: cost,
$E00. David Danklief, a two-storv frame
duelling, Uuieka street, near Excelsior
street: cost, $1,000. E. P. Wright, two two
story frame dwellings, Carrie street, near
Robinson street; cost, $1C 0 'or both. J. Ii.
Glass, two tuc-story Ir.uiio dwellings, Carrie
street, near Robinson street; cost, $1,000 for
both.
Reports I"rom the Agents.
J. H. Coleman & Co. report the sale of the
property known as the Keystone Color
Works, situated in the Twenty-first ward,
having a frontage on tlie Pennsylvania Rail
road ot 1C8 feet and extending through to
new Hamilton uvenuo. '
J. C. Dick sold to S. J. Fleming the prop
erty on northeast corner or Broad and
Euclid avenues, Nlnettenth ward, consist
ing of a frame house or six rooms and a lot
28x62 reet, for $4,ora
M. F. Hippie & Co. sold for the Hon. David
Kirk to James A. Twitcholl, a prominent oil
producer, lor $10,000 cash, a handsome 10
rr.om and reception , hall brick residence,
with a lot 10x129 feet, situated on the cast
sido or Darrah street, Fourteenth ward.
Skivlngton. Pcdder & Co. sold for H. S. A.
Stewart to Miss Margaret E. Maginn a new
brick house of 12 rooms, with a lot 10x132
feet, on the western side of Hays street,
Nineteenth ward, lor $9,E00. Also sold for
II. E. DuBarry lots Nos. 72 and 73, in his
Eighteenth ward plan, for SL.VO.
John F. Sweeney sold for William R. and
Edwaid G. Mooney, or tho Enst End, to Mrs.
Catharine Frej'voile, or No.2S4 Fifth avenue,
a fine ten-room, Queen Anne, modern brick
dwelling, on tlie corner of College avenne
nnd Iloldun street, East End, sltcatcd on a
lotiionting or College avenue 10 icet and
extendlii" back 110 feet to an alley, on which
it abuts 47 feet. The terras of he sale are
not given, but lrom a prettv good source It
Is learned that the price paid approximated
$8,000.
Moore & Kelly sold for Henry Loxtcrman
to P. J. Sloan, of Greensbnrg, an eight
roomed frame house with all modern con
veniences, located on tho westerly side of
Achilles street, lor $3,600: also sold lots Nos.
61, 71 and 71 in Albert 11. Wilson's Crecdmore
Place plan, tor $3,600r'also sold for Howard
Brown to James G. Hoke, of Mt. Fltasant,
two lots on Kelly street, Brushton. for
$LS0P; also sold ior"W. II. Saltsman to Fred
erick Schneider a modern six-roomed frame
house located on the easterly side or Euclid
avenue, near Rural avenue, tor $3,000 cash.
Reed B. Coyle & Co. sold for the Bellevue
Land Company four lots, Nos. 152, 153, 151
and 155, in the plan of sunnyside, Bellovue,
corner of Bodgers and Orchard avenues,
50x159 feet, tor $3,000.
6. J. Fleming sold a lot 50x110 foet, at Ben
Tenue, Twentieth ward, to J. C. Dick for
41,500.
A. Z. Byers ft Co. sold for the Btdgoviow
Lund Company to.Joseph M. Aiken, lots
Nos. 21 and 25 in their Grande Pointe plan,
Eleventh ward, Allegheny, fronting 100 feet
on California avenue and extending through
110 leet to a 20-root alley, for $3,100." The
purchaser will erect. a flno brick residence
in the spring.
John IC Ewlng 4 Co. sold to Mrs. Harriet
Caldwell tor Frederick Q. Bohrkaste, of
Central City, W. V., a lot front tnf foot
on Virginia avenue and extending through
2S0 feet to Sheridan avenue, being lot No. 36
in Rohrkaste's plan, Tenth ward, Alle
gheny, for $623.
D. Behen A Son sold to L. Altenbangh, Jr.,
for P. M. Cushiug and wite a ,neat three
room bouse aud a lot 20x120 feet on Ella
street, Sixteenth ward, for $1,800.
At J. Pentecost sold lot No. 1, in his plan,
on Marshall avenue, Allegheny, to John
Erhenshmid, for $750.
H. S. Hays sold to Mrs. C. Hill a lot on
Maple avenne. Twelfth ward, Allegheny, 70r
18 ieet, tor $950.
Samuel W. Black & Co. sold lot No 10, 50x
115 ieet on the west side of Wlnterton street,
in their Highland Park plan, to E. Kerr, for
$2,000. Also sold a lot, 24x120 leet, on Eliza
beth street, Hazelwood, Twenty-third ward,
for $700 cash.
Messrs. Piper 4 Clark sold for W. H. Will
iams to Mr. Frnzicr, two lots, Nos. 13 and 11,
in the Williams plan. Nineteenth ward, each
fronting 10 feet on Chislett street by 100 feet
in dentil, lor $2,800.
Charles F. and George P. Goettman, the
well-known restaurateurs, to-day purchased
2 acres of land situated in BrusutoU, from
jucllon Brothers,. for $15,000.
The Barrell and Kensington Improvement
companies report the following sale of lots
at Kensington: Enos S. Baitholomew, Coal-
orr, Pa., lot 359, block 25, for $1,105; Mrs.
tararet Casey, Pittsburg, lot 882, bloc 25,
lor $1,105; Charles Schmitt and Charles
Pagot, Bennett station. Pa., lots 868 and 869.
block 23, for $583 75; Michael Ulavac, New
Kensington, Pa west half or lot 22, block 12,
lor $325: Amanda Turner, New Kensington,
lot 890, block 23, for $375 cash; John C. Christ,
man, New Kensington, lot 63. block 5, for
$S92 50: William W. Barton, New Kensing
ton, south 5 feet of lot 56,'and north 15 reet of
lot 55, block, for $937 53; Mrs. Eva re Miller,
Pittsburg, lot 110. block 5, for $787 60; John
McGoveru, New Kensington, lot 1578, bloek
2S, lor $467 30 cash: J. M. Kritschgan, Bradt 's
Bond, lot 377, block 25. for $1,103; Ephram F.
Camp, Tarcntum, lot 771, block 23, for $646 75
cash.
' Tho Week's Record.
The record for the week shows a large In
crease in real estate transfers, both in num
ber and amount of money involved. An in
ci ease is also shown in the number of build
ing permits issued, but the estimated cost
decreased somewhat. Mortgages and pur
chase money mortgages increased oonsid
cinbly both in number nnd amount of
money represented. B. 4 L. A. mortgages
incteascd in number but decreased in value.
Mortgage payments head tho previous week
both in number and amount or money In
volved. Judgments increased in the num
ber entered, bnt show a falling off in money
value, aud executions decreased in each
respect. Details lollow:
Week end'g Week end'g
ITEMS. Oct. 29. Oct. 22.
Heal estite transfers.... 2M $820,579 199 $840,793
Building permits 47 H1.4B '26 231,830
Mortgages 1.6 273,813 101 267,730
Purciia&e money mort
gages 76 213,575 63 123,570
B. & L. A mortgages.. 54 CJ.524 43 78,550
Mortgage payments 176 2-21,389 123 214,783
Judgments 128 133,51-1 118 160,724
Executions 31 34.681 32 63,338
' STOCKS CLOSE STRONG
Mainly Because of a Better Bank Statement
Than Expected-Grangers and Some of
the Specialties Rally Sharply Manhat
tan Firm.
New York, Oct. 18. The opening of tl)0
stock market this morning was awaited
with no little anxiety by the bulls as it was
feared that the great fire in Milwaukee
would have a bear influence on prices. The
unexpected, however, haptsened again and
outside of St. Paul, which fell off to 79
on a report thnt the company had sustained
damages by the fire, the marko: was tolor
ably steady, while New'England was excep
tionally strong. It was subsequently stated
by Vice President Band, or the St. Paul
road, that his company had not lost a dollar,
as its propn ty is not situated in the
burnt district. After the opening Distilling
(and Cattle Feeding was subjected to a severe
raid and there was a break from 61 to 61.
The old reports about a fresh issue, of stnee
to' nay tor new property were revived and
again denied. One per cent was bid ror the
next quarterly dividend. It was noticed
that the demand for the stock in the loan
ciowd was deoidedly better than for some
days past, which indicates an oversold con
dition of the market. Chicago Gas was also
hammered down from 2i to 92i- The gen
eral list weakened rympatneticuily.
A conspicuous icature of the late trading
was tho activity m the specialties. New
Toikand Northern proleired was the first
to start, and, on large transactions lor that
stock, advanced fioin 20 to 23. The rise
was attributed to statements that the road
wilt be taken into the latest Reading deal,
because of its connection at Brewsters in
this State with the New York and New
England, linn hat tan was firmer at 131. It is
stated that Mr. William a Whitney, who is
also largely interested in the New York and
Northern and Metropolitan traction com
panies, will be given a place in
the Manhattan directory at tho an
nual election on November . 9.
Ontario and Western rose fi om 10 to 20 on
vague rumors that the Vandei bilts had ac
quired a block of the stock. New York, Sus
quehanna and Western common moved np
to 19, nnd the preierred Jumped irom 68$
to 7T. It is currently reported that this roau
is also to figure shortly in an important rail
load deal. General Electric advanced to
115J. The market closed strong.
Government bonds closed as follows:
U. S. 4sreg 114Mutual Union 6s 111
I), b. 4s coup H44fN. J. C. Int. Cert.. .111
U. S. ii nwiiftoriiiern rac. isu,.ii7
Pacific 6s or '95 107
Northern Pac. 2ds...lllK
Northw'n Consols.. .1381
Lotils'iia stamped 4S 94
Missouri G3 ll
lean, new sftOs 101U
lenn. ncwset5? 10l
Tenn. uewset3s 70
Canada So. 2ds I01M
(en. Pacificists 'Mh
Den. 4 It. G. lsts.. .118)6
lien. 4 R. O. is 85)5
Erie ids WMl
M. K. &T. Gen. 6s.. 80
JI. K. 4 T. Gen. 5s.. 48
Northw'n Deb. 5S...106V
M. L. 4 1. M. gen. 5s MH
St. L.. 4 S.F.gen.M..m
St. rani Consols 128
bt. p. C. A P. 1SU...117
T. P. L. G. Tr. Kcts. 84JV
T. P. R. G. Tr. Kcts. 30
Union Pacific lsts...lv74
West Shore 103!4
R.G. W.. lsts. 78
Bid.
Mining shares closed as follows:
Crown Point U5!Plrmoutli ...
eo
12S
Con. Cal. and Va 2Su sierra Nevada.,
Dcadnood 100,
Gould and Curry 00
Standard 125
Union Con 115
Yellow Jacket ItO
Iron Silver 4)
Quicksilver 300
Quicksilver pid 1600
Burner 25
Hale andNorcross... 115
liomestale MiO
Mexican...... 135
North Star t0
Ontario W00
Opliir 241.
TAsKea.
Th total sale3 ol stocks to-day were 161,090
shares, including Atcuison, 2,700: Burling
ton and Qnlncv, 2,300: Chicago Gas, u,C0J;
Distillers, 47.8C0; Now England. 1S,5'0: On
tario and Western. 16,200; Reading, 6,100; 86,
Paul, 7,000.
The following tthle shows the prices of active
itncts on the New York Mock Exchanee. corrected
tiallvforlnc Pirrs-BUnG Dispatch dy Mliltnev
Ablephenson. o dvst Pittsburg i
York stock Exchange, 57 Fourth
m mners ot iew
avenue:
Clos-
Open High Low Ing. Cose
ing. est. est. bid. Oc.18
Am. Cotton Oil 4i!H 46!, 46J4 46!4- 4S
Am. Cotton Oil. prd. S4,f 84'4 S4"$ 84 84
Am. bug Kefin. Co. Huh IK 1093, llu?j U0)i
Am.Bup.R.fo.. prd. 1H2 102 lo: i 102
Alch.T. &S. V 2)X 39X 3D 39 39)
Canadian Pacific 85's SV
C'atMd.i Southern.... 57X 57)a &7) Slit 67)4
Central of N. J 1 V.SH
( eniral l'acllc 28W 29
Chesapeake Ohio.. 22 22 22), 2 22J,
C. .tO.lstnld 60!4
(J. A, O. 2'i pM 41
Chicago-Gas Trust.. 934 93 S2!i 923 92
C. B. A Quilicr 102 103 102)2 103 102K
C, Mil. t. Paul. 79H 79!4 79 7i 79H
C.! M. & ft. P.. pfd. 122H 1224 122 122V 123
ci Rock LAP 82 823 S2J, 61 S1H
C. St. P.. 51. & O... 52 52 52 tVA 52
C, bt.P..M.40..pfd ? 118M 118
C. & Northwestern.. 115)$ 115)S HIM 115)$ 1I5)S
C.&2ortliwcst prd 1424 141
C. C. C. & 1 04)4 6iH
Col. Coal is Iron i 41 40
Col. & Hock. Val.... 30 30 80 30H 29X
Del., Lack. &TV 153)i 153), 1525i 153)4 153
Del. A. Hudson 1331i ISi'i
Den. A Rio Grande 10 18
lien. &U10-. pfd.. 51 SIM 61K C1H 5!
Dls. A C, F. Trust... 61 64! 6Ifc M 631$
Illinois Central 09M 89,
Lake Erie AW 25 25 25 25 25 4
I,aHcErleAW..pid 76)$ 77 73) 77' 77'4
LaKcbhore&'M. S U3i I32K
I mitsTillo A Nash 69 mX
Michigan Central 107 106
Missouri Pacific..'... tin Cljj 41)4 UV 61
Manhattan 134 134 134 1S.T, 1S3
Nat. Cordage Co..., 1335, 1344 133), 1344 133),
:Nat. Cor Co., prd 116) 116
Nat. Lead Co 47X 47V 47 175 47
Nat. Lead Co.. pfd.. 0314 C6X S5X MJi 034
New York Central Ho 109)
N.Y.,C.ASt. I. 16 16
N.Y.,J.ASt.L.,lTJl 72 72
N.Y.,C.ASt.L .Ipd 354 354 SH 34 33','
N.Y..L.E.AW 28,4 2SJ, XH 26 26J$
N.Y..L.E.AW.,pfd -62 61S
N.Y.AN.E 45), 464 45)4 45V 454
N.Y..O.AW 19 20K 19' 204 19H
Norfotk A Western.. 10)$ 10,4 10J 1"), 10),
NorrolK A Wesu.pfd 394 39
North Amer. Io..... 12X is K IV. Oi
Northern Pacific... 184 184 -184 -Ws ISVa
Northern Pac. prd.. 50)4 WH 50), Kh , BOX
Ohio A Mississippi... .; 22 204
Pacific Mall 31,4 31 JIM ZlH 31
Pea., Dec. A Evans.. 16 16 154 15"4 K
Phlla. A Beading.... 58H 5S3 L&H 584 61
Pullman Paiace Car. 199 199
RIch.AW.P. T. 8H 8)4
hlch. A W. P. T.pfd 87 37
St. Paul A Duluth 43K 44K
M. Paul AD. pid... 109 105 100 105 105
St. P.. SI. AM 112), 1124
Texas Pacific 104 log
Union Pacific 404 10M 10 40J4 ' 40i
Wabash. 11 lift UK 11 UK
Wabash pfd 3sfi 26K 26 264 204
Western Union osk 984 OS), 98M Of
WheellogAL. E;... 24 244 24 26 23
W. AL.E. pfd 63 634 M S2X Cz4
Baltimore ft Ohio... 95M UH MM H
W. r. a M. Oo. Ai ....". T7H :
Ex-dividend.
WHEAT FINALLY BALLIES v
After Having Touched the Lowest Point
Iteached in Five Tears Corn and Oats
Generally Easy and Provisions Slake
Substantial Gains. '
Chicago, Oct. 29. Wheat rallied at last
to-day, but- only after haying touched the
lowest point reached in five yers. Heavy
exports acting as a warning signal to shorts
produced the upward change. .On the final
break the price went Jo under 72o a bushel
for December delivery, a drop of ljc in an
hour. Compared with yesterday's closing
figures wheat to-night shows i to s gain,
while corn is off JJc Provisions
generally exhibit a substantial advance,
particularly October ribs.
Wheat lor a time seemed utterly demoral
ized. Cables were generally lowor, the re
ceipts heavy everywhere and holders were
discouraged, with general liquidation the
rule. Numorons stop-loss orders became
operative, and country seller orders were
numerous. Pardndge sold May vigorously,
and the crowd was generally on the selling
side. During the first hour it looked almcst
friendless, and the market made the lowest
record on the crop. But on the break the
demand began to improve, and shorts cov
ered quite generously. About the same
time, too, the news began to take on a more
encouiaging aspect. New York reported
960,000 iWhels had been taken this morning
for export, 500,000 bushels or Ivnnsas.wneat
was said to have been sold at Kansas City
lor expert by thb way or New Orleans, nnd
4,w,wu ousneis more. was saiu to u uuuor
contract to go out as soon as transporta
tion could be secured.
Bradstrcei's also reported the exports from
tho coasts lor the week at 1,078,000 bushels,
against 3,270,000 bushels tho week previous.
Cash quotations were as follows: Flour
dull and unchanged; No. 2 soring wheat,
60Jic; No. S spring wheat, 586.!Kc; No. 2
red, SKio. No. 2 corn, Vilic. No. 2 oats,
29c: No. 1 white, f. o. b..34i35e; No. 3 white,
3132c. No. 2 rye, 18c No. 2 barley.
65c; No. S, r. o. b., HQ&Sc: No. i, f. o. b.. 38
60c No. 1 flaxseed, si 'H. Prime timothy
seed. $1 65. Mess pork, per bbl, $11 87K
I2 00. Lard, per 100 lbs, $3 60. Short rib
sides, (loose), $7 c5ll 75. Dry salted
shoulders, (boxed), $7 157 59. Short clear
sides, (boxed), $8 703 75. Whisky, dis
tillers' finished goods, per gal, $1 15.
Sugars Cut loaf, unchanged; No. 3 com,
3?.
Range orthe leading futures, furnished by John
M. Oakley A Co., bankers and brokers. No. 45
Sixth street:
Open- High- Low- Clos- Close
ABT1CT.es. lug. est. est. Ing. Oct. 23
WHEAT.
October i 60X t 69 f 69) 8 691, 60)$
November. 694
liecember. 7l)t 72 70K 7I5( 7
May 77X 78 77M 71H 77K
Cottx.
October 404 40H 404 404 40H
November. W-i 41 4u4 40 40
December. 414 41 404 4" 414
May 45)i 45 444 45)4 4oM
OATS.
October 2SZS Z
November. 29 294 284 294 '04
December. 304 304 29' SOX 30H
May 34H 34ft 34,4 3U- 3D,
Pork. ,
October II 85 11 90 n 85 It 90 II 82
November. 11 87 11 92 11 85 11 90 11 81
January 13 07 13 15 13 07 13 20 13 12
Labu.
October 8 40 8 40 8 40 8 40 8 17
November 7 70 7 87 7 70 7 82 7 70
January 737 750 737 7 50 735
Shout IUbs.
October 11 25 11 75 II 00 II n 11 CO
November. 7 CO 725 70J 725 725
January 6 72 6 8J 6 72 6 75 6 72
Car receipts for to-day Wheat, 369; corn. 442;
oats. 185, Estimates for to-morrow heat, 453:
corn, 650; oats, 235.
Closing Philadelphia Quotations.
Pid.
,...MX
...29X
'.""574
...54
...32
. ..181,
...50
Asked.
i-Vi
295-16
7'4
674
55
iSH
50,4
Pennsylvania
Reading
Buffalo. N. Y. & Philadelphia..
Lehigh Valley
Lehigh Navigation
Philadelphia, and Erie
Northern Pacific, common
Northern Pacific, preferred
Boston Stocks
Closing Prices.
Atchison A To peka.. 39)
Catalps,
Kearsarge
Osceola
Tamarack
Annlston Land Co..
Koston Land Co.....
17
. II
, 33
155
. 25
:.
, 17
207),
16
. Ki
7,4
, 61
9
jiosion & Ainany....2uo
Itoston A Maine 181
Chi.. Bur. A Qulncy.103
FitchbureR. R 8
Little Iiocc A Fl.S.. 92'
Mass. Central 184
Mex. Cen. com 15)$
San Diego band Co,
west tnu L,ana uo.
I'ell Telephone
Lumson store 3
Water Power
n. Y. 8. x. .England. 41
N. Y. AN. Eng.7s..ll9
Wis. Central com... 16
AllonezM. Co.(new) 1
Atlantic 104
Boston A Mont 31ft
Calumet A Hecla....2S7
Cent. Kilning
N.CTel. A Tel. Co,
B. A-B. Copper
s u
-r
SOME SMALL OIL WELLS.
Three of Them IJeportcd in the McDonald
rield A Dnster Between McDonald
and North Star, and One at Whitmlre
Station West Virginia Wildcats.
There were three light wells and some dry
holes reported in the local oil fields yester
day. There was no change in the estimated
production of the McDonald field, but the
runs from Sistersville went no from 11,887
barrels on Thursday to 11,931 yesterday.
The Forest Oil Company's No6 Clever, in
the extreme northwestern part of the Mc
Cnrdy field, was reported to bo making 52
Darreis an hour.
Two of the light wells were in tbe vicinity
of Greggs station, on the Panhandle, a mile
east of Oakdaio.
The Forest Oil Company's No. 5 on the Mc
Clelland heirs' farm was almost through the
sand and showing for only 15 or20bariels a
day, and the People's Gas Company's No.
157 on McMnrrny property, in the same
neighborhood, is of abont the same caliber.
The Wheeling Gas Company's No. L, on
the N. G. Cook farm, a mile and a half sonth
of east irom McDonald is good for 100 bar
rels a day.
Richards & Co., who have been drilling a
test well about halfway Detwcenthe town of
McDonald and North Star, were reported
yestoiday to be thiough all sands, and in
po-sesslon ofartry hole.
Robison & Co.'s well on the Miller farm, at
'Whitniiie station, on the Pittsburg and
Western Railroad, was also reported to be
through the third sand and dry. It is neatly
a mile southeast or Patterson & Co.'s well
on the Kessler farm.
Some of the Drilling Wells.
The Woodland OH Company's No. 3 on tho
Crawford farm, two miles southwest of Mc
Donald, wis in the Gordon sand yestorday.
They aie looking for oil in the fifth.
Greenlee & Forst's No. I on the Noble
farm and No. 3 on the Kirk are due this
week. The Noble is In the old Fife district,
on the west, which lms been turning up
only dusters recently, and the Kirk is in tho
Gordon sand region south of Willow Grove.
They have Just put the 6V casing In their
Nos. 9 and 10 Marshall, rit Noblestown, nnd
in No. 1 Woods, which adjoins their Oak
Eirtge property east or Oakdale.
The Philadelphia Company has made a lo
cation in Northeastern McCurdv on tho
Mai tin Clever farm, and within 250 feet of
the Forest Oil Company's big well on tho
Clever.
Tho Wheeling Gns Companv's No. 1 May,
at Venice, is drilling in tho 100-root.
The Forest Oil Company has started to
drill at its No. 3 on the Sam Sturgeon farm,
east of Oakdale, and at No. 10 on the Her
ron property ncrth of Noblestown.
Important Wildcats Drilling.
SiSTnnsviLLE. J. M. Gnffey & Co. are down
1,100 feet In a very important test well on the
Johnson farm, at 'Middle Island, six miles
south and west of this place, and four miles
southeast of the river.
Poole, O'Donnell, TJhlman & Lewis are
starting a test well near Waverly, Similes
below Sistersville and one mile from the
river, on the West Virginia side. It Is on
the Corbett I arm and seven miles above Ma
rietta. The Gauges Friday.
The production of McDonald iras 18,009
yesterday, the -same as the "day berore;
stock in field, 13 500. .
Tho runs rrom tho Sistersville field were
11,931 barrels on Friday.
Buns and Shipments Friday.
The Friday runs 'of the National Tran
sit Company were 85,221; shipments, 18,907;
Southwest runs from McDonald were 11,107;
outside of' McDonald, 8,801; total, 22,908.
Buckoye Pipe Line runs from the, Macks
burg field, 6,893; shipments. vot in; Buckeye
runs of Lima oil, not in; shipments, not in; ,
Eureka Pipe Line 'runs, 15,810;- shlmnonis,
,1,215; Southern Pipe Line shipments, 19,336;
New York Transit shipments, 24,430.
The runs of the W. L. Mellon Pipe Lines on
Friday were 8,521: shipments, 289.
The Oil Markot
Bange of tbe November option: Opening,
60Hc;. highest, 60Kc; lowest, ECc; closing,
OOKc.
Seflned oil New York, C; London, 1
d; Antwerp, ISJf.
New York, Oct. 29. Petroleum opened
Suietand continued so throughout theues
on. Pennsylvania oil, spot sales, none:
November option, sales, 9,000 barrels at SOJc.
Lima oil, sales none; 17c bid.
OIL CRT, Oet. 29. National Transit Certifl
entat opened at 80ci highest, DOWoi lowest,
fiOVfot closed, BOX01 Mies, 8,000 barrU olsar
aaoes, 158,000 barrel,
';sff ' n
Consolidation of posts is now the topic of
much discussion among the local comrades.
The time is" not very fan distant when it will
ba necessary for a great many of the weaker
posts to surrender their charters and for the
members to go into a larger post. Even'now
cases aro citedTvhero it would be wise for
certain small posts to Join issues with a
stronger one. It is held that small posts in
which It Is difficult to get a quorum, and in
which tho interest lags, area drawback to
the organization instead of being a help.
Then it is held that questions offlnauca
should dictate a consolidation.
One comrade is in favor or all the posts in
the city combining and lorming. one big
post, and he thinks it would b? a good
thing also roc the three Alleghenv posts to
unite as ono organization. Tho advantages
and disadvantages or such a move are
fruitful subjects for debate.
TV. K. c. No. 23's Entertainment.
The literary and dramatio entertainment
to be given under the auspices of Colonel
William H. Moody, W. E. C. No. 22, in Grand
Army Hall, Grandview avenne. Thirty
second ward, Thursday and Friday even
ings, will likely be an excellent one. The
drama "Ben Bolt" will be produced with a
good cast or local talent, led by Comrade C.
It. Sheplerln the title rolo. Those who will
participate are Mrs. Dr. Simpson, Miss Edith
rmithson. Miss, Julia Gardner, Mlssv. Alice
Kober.and Mr. George W.Johnson and his
Jubilee singers. All will bo uudcr the man
agement ot Mr. J. C. Kober.
Post Nominations.
Nominations for post officers will be in
order the last two weeks in November. The
different posts are now looking around ror
good material, which will not be found
lacking in any quarter. The elections in
several posts promise to be lively as usual.
Grand Army Jottings.
Tnic picture of Post 157, taken In Washing,
ton, has arrived.
Comrade 3 oris Grat, of Post 88, is mend
ing. He has been quite ill.
CoHr.ADE X. S'. Rezs, of Post 157, was re
ported not so well last week.
Comrade Charles IIoltland, of Post 162, Is
out after a few days' illness caused by the
grip.
Cohrade W. A. Campbxix, of Post 83, was
reported in a precarious condition at the
last meeting.
Comrade Ricnsr, formerly of the Depart
ment of Nebraska, was taken into Post 88 on
card Tuesday night.
Comrade S. A. Bars, of Post 157, was pres
ent at tho meeting Thursday night altera
three months' absence.
TnoirAS Cole, the ionner Pittsburg oil
broker who. was lonnd dead in a Chicago
hotel, was onco a membor of Post 259.
The Fair Committee of Post 157 made its
'report at Thursday night's meeting. Twelve
hundred dollars was uecteu tue reiieriunu.
, Comrade D. J. Davis, a rormer member of
Tost 151, late of Company G, First New York
, Cavalry, died and was buried by tho'pos t
last week.
Shall an effort be made to bring the Nati
onal encampment hore in 1S917 It will take
lots of hustling, bnt the Grand Army will do
its part if tho citizens give the word.
Commander is Chiet Weissert will meot
with the National Executive Committee iu
Indianapolis after the Presidental election
to decide when the National Enc.unpment
will be held in that city next year.
COMBADE II. Ii. BeNOOUOH, Of PoSt 157, has
resigned as tieasurer of the Grand Army
Control Relief Committee on account of the
work of the office greatly interfering with
his public duty us Pension agent.
Post 88 turned out in largo numbers at the
services at tho ladie3 of the G. A. R. Home
at Hawkins' station last Snnday. Post 8s'3
choir participated. The ceremonies were
conducted by Commander J. P. Stewart, as
sisted by other comiades of Post 88.
Mrs. SAr.AH Bunss, a past president of
Captain Chapman Circle No. 00, Ladies of
tbe G. A. R., n us snrpriscdat her home on
Avrv ftrrnf. All.!nn- lnsfc TlinpjrtQv
evening, by a visit irom about 10 members
oi the ciicle accompanied by their hus
bands. General J. B. Sweitzeii Post No. 180 will
go to the Ladies or the G. A. R. Home this
alternoon to attend the religious exercises
and to take a look around. The train will
leave Union station at 1:30 r. ii. All tlie
ladies or the different circles are invited to
accompany the post nnd to help make it
pleasant for the ladles in the home.
Colosel F. IL Collier Cajip No. 139, Sons
of Veterans, of Shurpsbnrg, initiated five
new members Friday evening, among whom
wore two sons of a Son of Veteran, the only
instance in this county where a candidate
was mustered into the order, in which he
derived his membership through the con
nection or his lather in the order.
Post 157 will ruffle four valuable articles
leftover from the recent lair, viz: a gentle
man's flno gold w.itch, a lady's gold breast
pin and earrings', a gold badge and high silk
hut. The tickets will bo 50 cents, and the
articles will be milled togethor, one ticket
having a chance ior alL The drawing will
occur at the meeting Thursday oveniug, No
vember 17.
A triple anniversary under tho auspices
of Custer Post 33,Custer Circle No. U, Ladies
of the G. A. R. and Colonel F. Ji. Collier
Camp No. 139, Sons of Veterans, was held at
the Public School Hall, Etna, Thursday
evening. At the close of an excellent pro
gramme a superb lunch was served by the
ladies of the G. A. it.' About 500 persons
wero present.
This Ladies of the G. A. R. are making ar
rangements for a lecture to be given at Post
3'shalt Thursday, November 17. It will be
on "Prison Lile in the South." Comrade G.
Reed, of Hanisburg, who per forco had con
siderable experience in rebel hosteliie:, will
be the lectuier. The proceeds or the enter
tuiument are to be devoted to tho purchase
or winter Bupplies for the home at Hawkins
station.
Comrade D. A. Jokes, of Post 151, Chairman
of the Headstones Committee, is now mak
ing up another list of those deceased com
rades over whoso graves no Government
headstones have ct been erected. He re
quests the relatives of smelt comrades to
send to him immediately the name, com
punv, regimont, ditu of death and piaceof
burial of deceased that headstones may be
provided.
Ladies' Circle No. 1, of Major A. M. Har
per Post No. 181. G. A. 11., of Braddock, had
an interesting time Thursday. It was the
annual inspection or the circle, Mrs. Smeigh
of Lylo Circle, being tho Inspecting officer.
The entire membership of Ciicle 1 was pres
ent, abont. 60 in number, wlm numerous
others from other circles ii: this city, Alle
gheny City, Port Perry and McICeespurt.
Tliccirclo was lonnd to he in excellent con
dition, second to none in this part ir the
State. Tho yearly reports wero very grati
jyln'. Although Circle No. 1 continues to
voik as hard as nny other lor tho mainten
ance of tlloSolrtic-ia' Widows and Mothers'
.Home at Iinwkius station, they get but
uttie ii any creait at an now mrnrsc sug
gesting and working fur the establishment
of such a home.
Union Veteran Legion.
At its last meeting No. 6 mastered In two'
new recruits.
No. 6 will at Its next mooting fix an even
ing for a first-class musical and llteraryen
tertainment. Comrade James Taylor, of No. 6, and a
resident of Bellevue, has gone to the Dayton
Soldiers' Home.
The following list of lucky applicants for
pension are reported by J. II. Stevenson &
Co. for last week: Josephine Lemon, Pitts
burg; Mary Hogan, Pittsbnrg; Aunle N.
Tyler, New Castle, Pa.; Katherine Miller,
Pittsburg, Pa.; Rachel Oox, Pl:tsbarg; Cath
erine WintorhHUsen, Allegheny, Pa.; Mary
Jane Russell, Beaver Falls: Thnmits l.an.'
fert, Mansfield, Pa.; Jacob J. Soles, Tnrtle
.Creek, Fa.; John D. Morrison, Flnloyville;
Josenh Harvester, Pittsbnrg: Harrison Mil
ler, Pittsbnrg: C. B. White. Pittsburg: Lor
enza Shrimp, Pittsburg; Charles J. Lewis,
Allegheny; Andrew J. Bell, Rural Bldge; C.
R. Churoii, Turtle Creek, guardUn of uiiaor
euudrea uf H. B. Amend) John Nightengale,
Alleghany.
- n 'f?r t"s-
SOME OTBURIED LIES.
Beverend George Hodges Points Out
a Few Popular Mistaken.
THE EXPERIENCE Iff INIQUITT
Expressions of Doubt in Religion Itarelj
Eased on Hard Study.
BENEFIT OP JJlWIXG. THE CHUKCn
iivuiiTzx tor the dispatch. I
And the young men arose, wound him
up, and carried him out and buried him.
This is the record of the funeral of Ana
nias. This is what the young men of that
time did with a liar. And it is what tbe
young men or this present time ought to do
with lies. They ought to wind them up
and carry them out and bury them.
There are a great many unburied lies.
One of them is this: That it is a good
thing for a young man to have a little expe
rience of iniquity. We will do well if we
can begin by burying that,
No one. holds, I think, that a little ac
quaintance with sin is a good thing for a
young woman. "We are all at one in the
sincere desire that young women should be
not only innocent but ignorant of sin. A
young man, however, some people say,
ought to be wiser than' that. He ought to
"see life." I believe that. E7ery yonng
man ought to see life. Only I contend
that no man can see life who blinds his
eyes to all that is best iu it, and turns his
back upon it, 'For they who desire that
our "young men shouId."see life" do not
mean at all what Matthew Arnold meant In
his fine verse on Sophocles.
Who saw Hfo steadily, and saw It whole.
That would be, indeed, a sight worth
seeing. The young man who is getting his
experience of iniquity catches no glimpse
of that celestial vision. He sees life un
steadily, aud sees only the meanest and
most miserable part ot it. And yet some
men account this as a valuable lesson in a
young man's education! Even they, how
ever, do not recommend it as a suitable
study for a young woman.
But why not? Why permit a diflcrence?
Is it possible that sin is dependent upon
sex? Is an action right or wrong according
as it is committed by a woman or a man?
Thif, I hold, is one of the unburied lies.
Kigbt is right eternally; and wrong is of tflb
devil, always, and everywhere and in every
body's heart. The ten commandments, and
the sermon on the mount, and all the ethical
truths of the two Testaments, are of uni
versal application. They are meant to touch
the life ot every son and daughter of God.
This, I am airaid, is not the conventional
standard of morality. A great many men
are not willing to accept it; even women
are found who disagree with it 3Ien are
received in Christian society who are known
to be guilty of sins for the "least ot which a
woman would be made a social outlaw. And
women themselves are contented with such
a code of ethics, which cares more for a
decent coat than for a decent character, and
is An impudent contradiction to all justice,
and a defiai.ee of religion, and a mockery ot
God, It ought to b: wound up, and carried
out, and burned.
The Ideal Life to Lead.
"Whatever is sinful in a woman is equallv
sinful in a man. That is the doctrine of the
Lord Jesus Christ. That nil! be the meas
ure of God's judgment upon human life.
No matter what society may think, that is
what God thinks. No young man has any
right to go where he would not like to take
his sister with him: unless he goes by
reason of plain duty. Noyoungman 'lasanv
right to listen patiently to any talk, still
less to be a partaker in it, in which he would
not like to have his sister ioic Unless the
young man has abandoned all endeavor
after a high ideal, and has given up all in
tention of making a man of himselC Ideal
manhood does not lie along that way.
As for the notion that men are made
manly by adventuring into temptation and
by making friends with evil it is neither
good religion nor good sense. It is true
that strength increases in a man by stress of
conflict with the powers of sin. And to live
'apart from human life, to try to evade the
inevitable temptations ot the race, to build
a wall between us and the wicked world,
and to take no share in the' great fight with
the devil is neither wise, nor manly, nor
Christian. That is not', the way to grow.
"We must of necessity come iu contact with
sin. "We are in the world that we may make
it better, and that can only be by transfor
mation of the worse, and we must know what
the plague is oefore we can begin to find a
cure.
Strength Comes by Mastery.
But all this is very different from that
sort of life which a good many young men
take to be the vestibule of manhood. This
is quite a different thing from making ac
quaintance with sin for the pleasure of the
acquaintance. Let a young man seek intro
ductions to the society of temptation and
make friends with the devil tor the delight
of the devil's company will he gain
strength of character by that? Strength
comes by mastery; by brave, firm and de
termined resistance; by victories won
against contending odds, and this youn
man has made no fight at all he has sur
rendered. He has shown himself weak and
a coward. He has missed of manhood.
I'or see now what will follow. These
two tragic consequences overtake this man:
He has- poisoned his mind and lie has
weakened his wilL To have a clear mind
and a strong will is to be n man. To see what
ought to be done, and to have the strength
to do it, is the glory of manhood. Hut the
young man who begins life by trying to
walk along the path of temptation into the
kingdom of heaven linds that that mis
guided journey leaves J.im lame.
Seeing AVitli the Animal Eye.
Think of it! How many people know by
experience tl.e bitter truth of it! A mind
poisoned, and a sight dimmed and distorted.
This man looks out into the world, and
everything he sees is written over with the
sentences of sin. He has lost the sense of
appreciation of the highest pleasures which
God givesto men. He has made himself so
much of an animal, that he thinks like an
animal, and enjoys most what animals en
joy. And every book, and every picture,
and every delight ot music, and.every har
mony ol color on the land or sea, or in the
sky, anil all that is fairest and most blessed,
has a curse upon it. The devil stands close
by to be interpreter of all. And the man
looks up into the face of God, and there is
nothing but black sky above him. For He
who knew men snid that the pure in heart
should see God, and the pnre alone. Aud
this young man has missed tbe supreme
benediction.
And. with all this, a weakened will, un
trained, undisciplined nnd oat of exercise;
so that he tries to amend his ways, and to
get back where he was, and he makes reso
lution after resolution, and breaks them all;
for he has got so used to saying "yes" to the
invitations of the tempter that he has lost
his, speech for saving "no." That is what
that life mn't lead ta Xt is a path into the
pit. "Keep innocency, and take heed unto
the thing that is right; for that" and that
alouc "shall bring a mau peace at last." '
Having Doubts About Religion.
Another lie is this: That it is a fine
thing for a young man to have his doubts
about religion. Let us try to bury that. I
must confess that one of" the moat encour
aging things in the world is doubt if it Is
the right kind of doubt. It is significant
that the Age of Faith, for whose return
SICK nEADACHE-Carter, s Lm,e UTer mj
SICK HEAUACHE-,,,, Lulc L,Ter p,Uj
HICK H2ADACnE-Clrt(,r,, utUc ur r,uu
SICK HKAUACHfi-t.,, ume UTirPUU.
4-toocwm
some peopIeTiigh, was an age of error, of
superstition, and of ignorance. Hen be
lieved lies, and even seemed to have s pref
erence for lies. They feared and hated and
persecuted everybody who tried to tell
them any truth. That is an illustration of
the kind of blind fog that would settle
down upon the world were it not for tbe
salutary blowing of the fresh breezes of
doubt
I would not do anything to hinder any
body's honest donbt. "We cannot get along
without doubt. It is a good thing both for
the truth that is questioned,and for the man
who questions it.
It is a good thing for the truth. It is a
misfortune to have even the truth taken too
much for granted. Truth, when there is no
opposition to it, is in danger of being for
gotten, cr, at least, of being under-cstrV
mated. Truth needs light. If it is set
away in the dark it grows encrusted with
the rust of error. Ann tnere are always
people who cannot tell tbe difference be
tween rust and iron, between the error and
the truth. It is doubt which brings truth
forth, and scours off all the rust, and
and brightens it until it shines,
Doubts Bring Ont the Trnth.
It is a good thing that there are so many
honest doubters who want to ask their ques
tions and to get them answered. "We know
more about the truths ot religion to-day
than has been known since the days when
St. Peter and St. Paul were teaching men
by word of mouth, at first hand, what the
Master had taught them. And we owe a
great'deal of this knowledge to the investi
gations of the doubters. Doubt is always
on the side of truth. It must be on the side
of truth. No kind of doubt can ever under
mine or overthrow the truth. "Whatever
doubt can conquer is not true. "We need
not be afraid ior truths Truth is long-lived;
if will live on forever.
And then, too, doubt, when it is of the
right kind, is a good thing for the doubter.
It means that a man has begun to think.
And that is the most useful occupation
with which anybody can busy himselL
Unmanly to Be in the Church.
Let the young men arise, as in the days of
Ananias, and wind up these old lies and car
ry them out and bury them; thalltisa good
thing for o young man to have a little ac
quaintance with sin, and that it Is a Una
thing for a young man to have his doubts
about religion. And with them thi3 third
invention oi the adversary, that it is a
manly thing for a young man to keep nim-
sen outside the cnribtian unurcn.
I am afraid that we must bear somo of tha
blame of this. Wo cannot lay It nil on the
devil. Tlfo Christian Church we may as
well confess it has not always tanht re
ligion in a manly way. Christianity has
been identified with metaphysical theology,
and that, to most men, is tue most blank and
barren of ail topic of ditcussfon. Or, Chris
tianity has been identified with ecclcsias- .
tical organization, or with the ritual of afer
service or a sacrament, with mere externals'
ot religion. And whether thn church has
debated one or the other of these matters,
the debate has too often run along tbe nar
rowest Hues. The questions cousidered
have again and ajain been pitifully rjetty,
and the spirit which has prevailed in the
debate has been the spirit uf dogmatism, of
bitterness, ot prejudice, of persecution, of
all that is meanest In the mind of man. The
controversies of Christians have more than
once been a disgrace to the name of Chris
tianity. Iteiiion has been made synono
mous with bigotry, with isnorance, with
littleness, with superstition. Christian
ministers have contended for wha: 'they
conceived to be the cause ot Christ in tbe
very temper wlrich Christ-came to banish
out of the liear:s of men. The Christian
Church has broken all the commandments.
The Shortcomings of the Chnrch.
And manly men, looking on at all this mis
erable wrangling, noting our unhappy di
visions, observing tho endeavors of tbe or
thodox to punish their brethren for tbe
crime of thinking, marking with keen sight
the difference between tbe Christian Sun
day aud the Christian Monday, between the
shop and the snnctnary, between the creed
and the deed, have held themselves apart,
and stayed outside. We may as well con
fess it. It is true. And it is better that we "
should say It Irunkly than leavo the accusa
tion to our adversaties. We are ourselves
to blame.
Nevertheless, after all the hard things
have been said, it remains true, and is em
phatically true to-day, that the Christian
Church is tho most hopeful and tho most
help. ul institution in tlie world. Think of
tho relation which the Chnrcn holds to tho
present and to the intnre, to the individual
and to scciety.
The church is tbe fortress of hope. The
rood that the chnrch has done, isdoing, and
will do, cannot be measured, .The cbnrau-. j
has saved society a hundred times." Ire
we are in the season of a great anniverf.ry.
Wo look back over 400 crowded years. What
wonders hath God wrought since nrst that
adventurous mariner set the sign of tha
cross noon this Western land! And then wa
lookahead into anutner century. And wno '
will prophesy? The lutnru is black with,
thunder-clonds. Great storms seem sweep
ing down upon us. In tbo State and in
society, in tue field ot politics and in the
Held of industry, who dares predict what
the new age has in store?
The Fart of Life That Lasts.
Certain it is that if events march on In
the near futnre, keeping step with tbe near
past.we will be hurried into fearful dangers,
andour-pathis to tbe pit. Where shall wo
look for help and hope? Shall we make
now laws? Shall we enlist new armies?
Shall wo build new walls? Xo; we muse
have new hearts. We must set a diflereni;
estimate upon the value of money, and a
different estimate upon the value of men.
We innst exalt the worth of character. Wo
must teach by our example that there Is
something more in lire tliau waes and pro
fits, something better than lands and housed
We must set duty above dollars, and broth
erhood above gain. We must emphasize
the side of life that will la3t on into the li.a
to come. Wo tnnst leant the Christian lesson
of tbe supreme nre-eminence ot Iovb.
And who spall be the tuacher? Who but
theChrlstinnChurcti? Who else is qualified
to teach ? Where Is there any other candi
date lor the hard post of master In this
turbnlent school? 'i he future or the repub
lic, tbe futnre of sociuty, depends upon this
vencrublo and sacred- institution, arainss
which tho plans and plots of hell nevur havo
pievalled, and never will prevail. A wise
and ;;ood man will do his best by voice and.
by example, by his heartiest service, to
strengthen" thii ono bnlunrkof all that Is
worthiest in lite, Tnainanliest thin tuat a
man can do is to give his best help to tha
church.
And tbe chnrch, in return, will help tha
man. He who comes into the church, come?,
alter all, into the best company of eood peo-
Iile thj t can bo found upon thi planet, and
irings himself into range witn the most up
HItiii4 influences. For tho heart of tha
church is Christ. With all her failures, this
has always been at the center of the church's
purpose to persuado men into the service
of the Lord Jesus Clirist. For this, nnd this
alone, tho church oxits. To be a Christian
id to follow Christ, to leant tho truth lie
taught, and to Uveas close as a man can live
to that ideal lifn lie lived, lobe a man as Ha
was. The church is tho company of Christ.
Here men como into the presence of Chris:,
who Is tho Light of men, the Ideal of tha
manlie3t manhood. Tlie riht place for the
ouns man who cesires to be a man is in tha
Christian Church. GEonau Homes.
When Baby was sick, we gave her Castorfa.
When sho was a. Child, she cried for Castoria.
When she became 3Iiss, she clung to Castoria.
When tho bad Children, sho gave them Castoria
UEOKEBS FIHAA'CrAL.
ESTABLISHED 1831.
John M. Oakley & Co., ' 4
BAXKSnS AXO BUOKEUS,
45 SIXTH ST.
Direct private wire to New Tork and CM
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burg Exchanges.
Local securitiot bought and sold for casi
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Investments made at our discretion and
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Interest paid on balance (since 1S3A)
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Information books on all markets mallei
onauplication. lo7
Whitney & Stephenson;
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