r rmTP
pnvsaF
' . -T
BEARS liffllTBOla
Present and Prospective En;
gagements of Gold to
Go Abroad.
AND A FLUBRY IN MONEY
The Chief Clubs With Which They.
Knock Down Prices.
GOULDS AND THE INDUSTRIALS
ire
Host Active and Sustain the Host
Important Losses.
READING STRONG ON LIGHT TRADING
EPXCXXX. TELEGRAM TO THE DISPATCH. 1
New Xobk, Dec. 13. The stock market
has not often presented a more fertile field
forconjecture than it did to-day. Auniver
sal.and in many cases, a material decline in
prices may be briefly and comprehensively
explained by a sudden burst of activity in
the call money market, which was naturally
attributed to the heaw exports of specie
and prospects of even larger shipments next
week.
Perhaps the most interesting theory adj
vanced in part explanation of to-day's
movement ot the stock market is that the
most intimate associates and the successors
of the late Mr. Gould embraced an opportu
nity to make a retort in the market to those
vi ho have argued that his death removed a
weight from the prices of securities and who
have operated accordingly. In support of
this theory, attention is called to the fact
that "Western Union and Missouri Pacific
w.ere pronounced fetaures, both in respcot
to activitv and the net" losses
thev sustained. They were surpassed
In both respects only for the industrial
croup. This diagnosis of the speculation,
tnouihintetcsting and toan extent plausi
Vle, is of coarse not susceptible of proof.
The calling of loans wn reflected in tne
money market before midday, but not until
tne last hour did rates exceed the statutory
limit. They ran up to 15 per cent, and the
final quotations nero considerably above C
jer cent. Hie important thing to be de
termined to-morrow is whether the higher
rates tor money will be maintained and
also their effect upon the foieign exchange
niaiket. That market camo to a standstill
to-day as soon as the rates for call loans ad
vanced beyond G per cent.
Tlio heaviest dealings were in Distilling
and Cattle Feeding, and they resulted in a
net decline of 3 per cent. Sugar Reflning
was second in respect to activity, bnt the
loss it sustained was onlv a third as large as
that in Distilling. Of the other industrials
Chicago Gas closed 2 per cent lower than
vesterday, National Load, on large transac
tions, l?i per cent, ana the less active mem
bers of tne croup IQlJi! per cent,wlth the ex
ception of United states Rubber, which
appeared on tho regular list for tho first
time, and closed only half a point lower
than yesterday.
In the rallwav list the greatest activity
was in Missouri Pacific and the net loss sus
tained by it was IJj per cent, which was
twice as great as that sustained by ny
other stock. Heading was exceptionally
firm on light transactions and closed only &
per cent lower.
Until the last hour the market was in the
main dull and sluggish, but after the money
market developed activity the street as
usual ceased to reason clearly. If it all, and
in consequence there was a tendency
toward demoralization. The closing, how-,
ever, was at a slight recovery from the low
est prices except for stocks that appeared to
suffer from special pressure.
Special From Dow, Jones X Co.J
New York, D,ec 15. The market has
to-day, for the first time, shown direct evi
dence of alarm on the part of tho holders of
stocks, and about an hour before the clos
ing there was quite a panicky feeling. This
was due to cumulative causes. The first
thing to unsettle the market was a sharp
break in Distillers' in the first half hour,
the advance in spirits inducing very heavy
realizations, which were attributed to in
sideis. Henry Clews A Co. were especially
heavy sellers, it is said, for the West. A
good many stop orders were struck. Lead
then showed weakness, and the bulls did
not attempt to suDpott it after it was found
that stock was to be had freely. It was un
" dci-stood that the advantages of consolida
tion will be on the side of Linseed OH rather
than Lead. I nc, Sugar and New England
weic exceptions without any ostensible
reason.
The continued discussion oT the position,
nitb special leference to sold shipments
and fears of a very large gold export move
ment next week, depressed the general list
steadllv and at aoout 2 o'clock there was
quite a rush to sell stocks, accompanied by
report- of extensive calling in of loans in
rjrepaiation1 tor shipments of gold. This
caued money to be bid up to 11 per cent and
Bcaied the loom pretty considerably. On
the idea that an advance in money would
stop exports or gold thero was n slight rally
in the last hour, but just at the close the
market weakened again and the feeling of
tne traders was uniform! v one of alarm.
It was felt that the key to the position
was the market for exchange. Sterling
clo-el strong to-niglit, nlthousli sellers of
bills for ca-.li hud to make a slight conces
sion. The most reliable authorities agree
in saying that there will probably be heavy
expoits or cold next week and possibly
some on Saturday. Rankers again speak
with oine concern of the position ofafiairs.
The Heading income interest will be de
cided on the morning of the aunual election
of diiectors.
tBT ASSOCIATED rnLSS.
New York. Dec 15. Speculation at the
Stock Exchange to-day turned upon the
strengt.i of the market for sterling ex
change, the continued exports of gold to
Europe and the flurry in the money market.
Tho shipments of $50'J,000 gold to-day by the
steamship Russia, which is a slow boat, at
tracted attention, as it was looked upon as
additional evidence that the foreign de
mand for the j ellow motal was more urgent
tliau bad been generally supposed. On
the top of this shipment came
the repoits that $2,000,000 wonld be
shipped by Saturdav's steamers, and that
any w here Horn S5.COD, 030 to $10,000,000 would
go foiwaid next week. Tho sterling ex
change market is unusually bare of bills,
and rates ai e rbrlit up to the shipping poin fc.
These matters undoubtedly made an im
pression UDon money lendeis, who began to
cill in loans, and by their action caused the
rite- for call monoy to jump suddenly from
1 to 15 per cent. Many firms had loans
cuiled, and they had to make other arrange
ments, thus precipitating a stringency for
v liicli brokers, in some instances at least,
weie quite unprepared.
Tho talk of heavy gold shipments directed
attention afiesh to the compulsory silver
coinage law, anu even muuceu speculators
to make bids for calls on gold to run during
JS98. So Turns activity and advance in the
roonov market Is concerned, it is said that
w lule" it may have an adverse Influence on
the stock market, it will also tend to a freer
movement of cereals and cotton held on
speculation.
The only rally of importance occurred foe;
tween 11 and 12 o'clock, when, under tho
le.idcrship of New England, the whole list
inipiovedI percent. The lowest quota
tions were toucned shortly before tne clo-e.
Then Distilllntr and Cattle Feeding showed
n decline of 3,: Missouri raciflc, Manhat
tan mid Lead common, 2; American Cot
ton Oil, -i: Lead preferred, 2: Chicago Gas
and General Electric, 2: American Sugar,
l'i and Western Union, li. Tho remainder
ot the active list yielded 1 per cent.
Among the specialties Iticlniioud Terminal
l.iefeired broke 6 ri-om the Inst previously
jcported taletoS2- United States Rubber
common roll off2 anA ouio Southern .
Fiual lcs were at a merely fractional re
covery, outside of Manhattan and Lead com
mon, w hich wero 1 per cent above tho low
est. Heading wns conspicuous for firmness
t hroiix nout, and shows a net loss lor tho day
of only i per cent.
H.iilwny bonds opened firm, but closed
weakei. Tho sales were $1,610,000. Houston
ami 1'exas Central flr-t rose 3 to 108.
The total t-alcs of stocks to-day wero 427,237
hare including: Atchison, 15,000; Burllns
tiu, 9.000, Chicago Gas. 19.300; Distillers, 59,
V). Erie, 9,900; General Electric, 0,900; Loii-l-villo
and Nan ville, 3.700; Manhattan, 3,400;
Missouri Pacific, I6.8J0: National Lead, 30,
CO. National Lln-oed. 1,000; .New England, 8,
890; Northern. 7.3C0; Beading. 23,000; Hock Is
land. 16,900; St. Paul, .17,300; Snjar, 31,000;
k4
Union Pacific, 11,000; Western Union, SO,,
oca
Government bonds closed as follows:,
V. S. 4$ re? WJ
II. S. 4s coup 1HX
U. b. Is 1W
Pacific 6s or '95 105
Louis, stumped 4s... 9!X
Missouri 6s 103
Tea ii. new set. 6s.. ..10)
Tenn. new set. 5s.... 101
Tcnn, new set. 3s.... 76
Canadi So las 1U2
Cen. Pacific lsts 107)$
Den. A R. G. lsts....HS
Deu. 4, It. G. 4s 864
Eric Ms lom
M. K. T. Gen. 6s.. 80
M. K. AT. Gen. 5s.. 19
Mutual Union 6s 113
S. J. C. Int. Cert...lll?
Northern l'ac 1st. .118V
Northern Pac 2dj..lISS
North. Consols 117
North. Debentures 5104
M.U A I. M. Gen.5s SI
St. L. A S. F. U. M.liS
St. Paul Consols UN
St. P.. C. Pac. 1SU117
T. P. L. G. Tr. Kcts 7S!
T. P. R. G. Tr. Rets 28
Union Pacific lsts...l07
West Shore 103
1C G. W 79H
Ccloso in mining shares :
Crown Point 70
Con. Cat. & Va 140
Dead wood 110
Gould Curry 110
Plymouth
Merra Nevada ,
Standard
Union Con
Yellow Jacket
Iron Sllrer
. CO
. 1M
..ISO
. HO
. 40
. 40
. S10
.1800
. IS
Horacstake. 1SO0
Mexican 115
ort!i Star. 65U0
Quicksllrer
Qucksllvor, prer..
Bulwcr..,
untarlo 130.:
Ophlr 110
The following tsule shows the prices of active
stocks on the N ew York Stock Exchange, corrected
dally for THE DisrATClI by Whitney ft Stephen
son, oldest Pittsburg members of X ew York S.oct
Exchange, 57 Fourth avenue:
Close
Dec.
14.
Open
High
Low
est. Clos.
lug.
ing.
est
Atnerie&n Cotton OH
KH
43 "i
41
43S,!
435i
81
109H'
99,4
Wi
95 A
934
ISH
564
125!,
27
Am. Cotton Oil pref
BOM
109
7U
60V
so
AmugarKei'i u.
A. fcurar R. Co. prer.
A., T. & S. F
Baltimore Ohio....
Bait, ft Onto Trust..
Canadian Pacific
Canada Southern
109
107H
1074
99V
B3ii
99
334
S4'i
334
94 H
H4
S3
"is'li
83.S
"H'h
93,4
93
89',
554
IK
574
22 1
Central of N. Jersey
12)
i'jj
t eniral i'acine.... .
Chesapeake ft Ohio,
C ftu.. 1st pfl
Chicago Gas Trust.
C B. ft (J
C. M. ft, t. P.
SH
EH
224
619k
KH
974
77
121
S2h
43)1
Glij
94S
99
78!
13Mi
MS
48,4
61 i.
944
94V
98
78M
122
81W
K
119
112K
141H
en
42H'
29
152
132
15
524
70
34
991
23K
75
131
70
13S,4
107
53
14i)s
113
5U
941,
110V
2)11
sa
39
23
54
42V
184
iw
97V
77.H
78X
1214
C, M. ft St. l p-cf
121
83
C. K. I. ft 1'
C St. P.. M. A O,
47,4
C-,fet.P..M.&0.pref
IIS
Chicago ft Northw'n
n:!4
Ul'A
58
1111
j., u., u. i
CC..C. ft. I. pfd...
CoL Coal and Iron.
Col. ftllocklncVal.
60
94X
m
30
1W',
60
4
424
30
152U
133
16
58
"iiji
41)j
294
2iu
Del., Lack ft West..
I5IH
131?,
1514
13U4
Del. ft Hudson. ....
Den. ft Rio Grande.
132
IS
is
51
15-y
Den. ftKloG'e.pref
Sl
ol'J
71k
""99i
3
7oM
51H
in', ft u. t. iniit..
71
67H
65
E. T. Va. ft G.i ...
Illinois Central. ..
Lake Eric ft West
34
99
JZ'4
75
22,4
Lake Lrle ft W.. pref
,5K
U1H
70
lrSH
106 H
59
14IU
llij
74M
j.ak.e snore ft J)i. s..
Louisville ft Nasu'e
131 M
TOM
13S4
106'4
594
1114
1394
I,J.
la
130
I06V
564
HOV
1115.'
48
S3
J095,
70
Manhattan. ...
Mlclncan Central...
Missouri Pacific. ...
National Cord. Co..
Nat. Cord. CM., pref.
National Lead Co ..
Nat. Lead Co., pref.
New York Central.
N. Y..C. ft St. L.
N.Y..C.4bt.L .lpf.
136,4
105
S,4
i4U
int
1134
49
60 ,
91'n
III
945,
11 l'l
93i
110
ISM
74
sm
i-u?s;
18,4
37M
-I-
N.Y.,Cftbt.L..2pf.
N. Y L. E. ft W. ..
S7!
24
374
214
35
2Hi
23V
N. Y.. L. li ft W..p
554
M
54 Vj
4:4
18)1
634
.a. 1. & .-, E.
V. Y-. (). A W
KH
43V
4
l&X
iSH
184
304
Norfolk ft Western .
N. ft West' n. nrefd.
3, u
38
1I'4
16
48
5iy
274
16
5114
19)4
60
1979
84
3Z
43,4
106
111?,'
10
S9X
11
24K
95
20
62
North Alucr can Co.
H!l
11
Northern Pacific...
N. Pacific, prefd...,
Ohio ft Miss ,
Pacific Mail
Peo. Dec. ft. Evans.
Phllada. ft Reading
P . C. C. ft St. L .,
1
17
48
27V
16
5i
it
47
'27"
16
51
ll)X
47
26
icy
MS
19
CO
196
7J
P. C C ft St L. pfd.
i'nllman Palace Car.
K. ft W P. 1 ufa..
8
33
ios"
"ios
S&H
II
:i4
Soli
:o'4
634
7
32
Richmond ft W.P.T
St. I'aulft llulutn..
&CP. ft D.. prerd.
St. P., 51. &M
Tcvas Pacific
Union Pacific
Wabash
W abash, prerd
Western Union
Wheeling &L. E....
404
106
1114
9
38H
II
21
SIX
20
62
106
"io'4
11
24V
951.
103
"9
3SX
11
24
WM
20-s
4
C3!,
W. AL. E.. prefd...
A BULGE IN PROVISIONS.
The Bull Clique Give the Shorts Another
Severe Squeezing.
Chicago, Dec. 15. Tho pi o vision market
was the center of attraction to-day. The
hull clique had evidently some obstinate
shorts to doal tritti and they slowly but
remorscly twisted the thumb screws of
higher prices upon them. The continued
small rocelpts of hogs put the shorts com
pletely at the mercy of the longs. The mar
ket jvas active, excited nd unsettled. Hog
receipts were not as large as anticipated,
and prices were blither, while the domestic
markets were stronger and Liverpool ad
vices showed considerable firmness In that
auartcr, 'nith lard and bacon quoted Gel
higher. The receipts of pi oducts were some
what larger, and tho shipments only mod
crate. While prices fluctuated considera
bly, the extreme figures were folly main,
mined to the' dose. The greut bulk of the
business was In May contract1". Comoared
with last night, pork is up ic, lard 32Kc
and ribs 22ic
Wheat, corn and onts were firmer and
rented with the following gains since then:
Wheat, Kic; corn, z, and oats, Jfc
Instead of an expected break in wheat
there was a good line of investment fouying,
and tho report was started that the clique
brokers were picking np large blocks of
wheat. The crowd cot a little infusion of
butl enthusiasm and bid pi ices up sonic It
was certain that Egleston bought consider
able wheat. Later a rumor started that Eg
clcston had been out forward as a scare
crow to frighten the crowd and strengthen
tho market so sumu of tho big houses could
sell mote generon-ly and at better prices.
Attention sas called to the fact that nearly
two months ago May wheat sold 11s low as
77c. and though In the meantime stocks have
greatly incroaed, It is now Jc higher than
then. A heavy Increase in tne visible sup
ply is indicated for next Monday from the
tact that primary market receipts so far this
week have exceeded tho shipments by 3,183,
000 bnshels.
Corn was spasmodic, there being brief pe
riods of acti ity. An improved.feellng was
due mainly to the purchases of certain
booses supposed to be acting for parties
now "long" a considerable line.
Cats closed a shade firmer, after expert,
enciug abont the dullest session of an unu
sually dull week.
Cash quotations were as follows: Flour
slow; no special change. Xo. 2 spring wheat,
715c; N'o. 3 spring wheat, 63g6Gc: Xo. 2 re'l,
71?c; No. 2 corn, 42c; No. 2 oats, 30i
iit: Xo. 3 whue, 32K33c; Xo.
2 re, 18c: Xo. 2 barlej, 6c; No.
3, f. 6. b.,l!65c: No. ,31c: Xo.lflaxseed,$109;
prime timothy seed,..! 00: mess pork.per bbl,
111 87K; lard.per 100 lbs,J9 90: short ribs sides
(loose), $8 45S Z0; dry salted shoulders
(boxeu), $7 757 Si; short clear sides
(boxed), $8 75!i 83. U'hlsky, distillers' fin
ished goods, per gallon, $1 SO. Sugars, cut
loaf, unchanged: granulated unchanged;
standard "A" unchanged. Xo. 3 corn, 3SKc.
Receipts Plour, 2 000 barrels; wheat, !&,
000 bushels; corn, 15L0ip0 bushels; oats, 194.000
bushels; rye,8, 000 bushels; barloy,lll,00J bush
els. Ship-ncnts Flour. 16.000 barrels: wheat,
20,000 bushels; corn. 43,000 bushels; oats,
121,000 bushels; rye, 2,000 bushels; barley, 50,
CM) bushels.
On tho Produce Exchange to-day the butter
market was dull: creamery, 202SJc: dairy,
19:6c, Eges firm: strictly fresh, 23?2c
Range or tne leading features, furnished by John
M. Oaklcr ft Co., bankers and brokers. No. 45
Sixth street:
Open- Ulgn- Low- Clos- Close.
Articles. lug. est. est. lug. Dec.11
Wheat.
December 71 71 71 71 riK
January 72 7:!l 72 ' 72!l 7.'
May 774 77S 774 775 77,4
July 76X 76M 76), 7X 76)1
coax.
December 42M 42 42H 12H CA
January 434 u 43 43's 4.14
Mar 47 47! 475 47' 47
July 47)1 47.H 47)1 47,4 7
OATS.
December. HX SOV
January....i 3I4 3H
Mar 35 33M rS 25 U
pock.
December. 14 80 1145
January 15 77 16 10 15 77 16 10 15 67
May 16 00 16 49 16 10 16 40 15 92
I.ARD.
Decenilwr. - 9 90 9 52
January. 9 62 9 92 9 62 9 92 9 57
May 9 50 980 950 9 fcC 947
kuoiit nms.
Ja-iuarr S27 850 827 847 822
May 6 37 8 6'J 8 37 C 57 8 35
Car receipts for 10-1ay: Wheat, 246: corn. 218;
oats. 219. Estimates lor to-morrow: Wheat, 220;
cure, 256; oats. 140.
GENERAL MARKETS.
Xew York Floue Receipts, 23,000 pack
ages; exports, 4,700 barrels, 9,900 sacks;
stronger; sales, 19,000 barrels.
Cornjieal quiet and steady; yellow West
ern, $2 7302 80.
WnEvr Receipts, 118,000 bushels: exports',
3S,S00 bushels: sales, 1,380,000 bushels futures,
200,000 bushels spot: spot more active
and firm; Xo. 2 red, 77775ic in store and
elevator, "EtjiSJiP afloat, 76Q79c I. o. o.;
Xo. 3 red, 73)73Jc: ungraded 1 ed, 7179c:
Xo. 1 Xortherii, 81SlVc; Xo. 1 liard,865ic;
Xo. 3 Northern, 76763c: Xo. 2 Mil
waukee, 7G7CJc; Xo. S spring, 71)c: options
wero mode raieiy active and lrre.nlar; tho
opening wns steady and unchanged, ad-vai-clngKQ5icon
clinrtn covering through
flnncr H est, reactlnc HQa on weaker late
cables nnd local realizing, closing weak at
unchanged prices to Ho advance: Na 2 red,
December. 76)-; January, 76977c, closing
JL
' j.
"hVrirtir: iihr -
THE
at 76c: Miirch. 79 S-lC79kc. closing at 79Jic;
May, SOKSSic, closing at Syec
Ute dull and nominal.
Barley dnll.
Barlet malt quiet.
Cors Receipts, 12,000 bnshels; exports,
188,000 bnsbels; sales, 150 000 bushels futures,
38,000 bushels spot; spot dull hud firmer: Xo.
2, 31X51Je elnvaror. E2V52K ""':
unxraued mixed, Sl53c: steamer mixed,
BlJic; options were dnu at Uc higher and
firm: trading local, switching; December,
51KC closlne at 51Vp: Jannary, 5l5i352c,
closing at Slo; May, 52K53c, closing at
Oats Receipts, 13.500 bnsbels; exports, 293
bushels; sales, 120,t00 bushels Tntiires: 172,000
bnshels spot: spot fairly active; white firm
er; options dnll and firmer; December, 36Jc;
January, 37i37c, closing at 87Jic: March,
S9Mc: Xo, 2 aunt wulie, lljic: mixed Western,
SS)$3Sc; white do, .017c; No. 2 Chicago,
87KC
Hat moderately active and firm.
Hops aniet and steady: State, good to
.choice, 1823c; Pacific coast, 1823c.
GROCERlks Coffee Options opened steady,
10 points lower: closed weak 10S20 points
decline; sales, 26.000 bags, including Decem
ber.15.8016.10c; Janunrr, 15.W15.70c: March.
15.1015 40c; May,11.8015.10c; September. 11.75
eitlOo; spot Bio dull, weak; No. 7, 1616Kc
Su;ar Kaw dnll; refined qntet and steady.
Molasses-Xcw Orleans quiet and steady.
Bice In fair demand and steady.
Cottonseed Oit easier; crude, 3636c;
yellow. 39c
Tallow easv and oulet: city ($2 for pack
ages) 1 15-16C
Bosix dull.
Tuupkktixe dnll and steady at 3131c.
Hoo PnoDUOTS Pork quiet and firmer,
sales, 300 barrels: .other mess, $1 7515 00;
new mess, $15 75ffll6 25; extra prime nominal.
Cut meats quiet and steady; plekled
bellies, 8Jc: do. shoulders, 8K8Kc:
do. hams, 10XHc: middles dull. Lai d quiet
and firmer; Western steam closed at $10 20,
sales, COO tierces at $10 05: options
sales 1,000 tiercef; December, $10 05010 20;
closing at $10 20 bid; January closed at $10 20
asked: March closed at $10 10 bid; May closed
at ilO 10 bid.
Dairy Products Bn tier quiet, unsettled
and weak: Elgin, 29Jf30c. Cheese lalrly ac
tive and firm.
Philadelphia Flour qnlet. Wheat firm
and advanced Jc under light local offerings
and stronger reports from other grain
centers; steamer Na 2 red, in export
elevator, 71c: Xo. 2 red. 75c; No. 2 red,
December, 7575yic; Janunrr. 75K'55c;
February, 7777c; March, 7879e. Rye
No. 2 Pennsylvania, 53c Corn quiet: prices
firm; .No. 2 yellow in erain depot. 50c; Xo. 2
mixed, December. 1950c; Jannary and
iooruary, 19-XS50C Oats Cariota weac;
No. 3 white, 39c: do, lOffc: No. 2 white, lljc:
No. 2 white, December. 4W41c: January,
IOJic; February, lO&SU&c. E-'gs Penn
sylvania firsts, 21c Butter firm: Pennsyl
vania creamery, extra, 303lc
Toledo Wheat dull and steadv; No. 2 cash
and December, 7SKc: May, 7857Sc Corn
dull: Xo. 2 cash. 43c; January, Ur: May.
12c; Xo. 3. 12c Onts steadv; cash, 35c. Bye
quiet: No. 2 casb, 51c; No. 3. 15c Cloverseel
steady; prime, cash and December, $8 00;
January and February, $8 05; March, $3 12K
Receipts Flour, 1C9 barrels: wheat, 24,557
busfoels; corn, 32,060 bnshels; oats, 1,021 bush
els; rye, go bushels: cloverseed, GO bags.
Shipments Flour, 1,702 barrels; w heat, 6,000
bushels: corn, 1,700 bushels; rye, 1,000 bush
els; cloverseed, 310 bags.
St. Louis Flour easv, butnotlower. Wheat
opened Jjjc loner, creaking all previous
records. Later the loss wns regained, and
the close was a fraction above yesterday;
cash, 66c; December, 66Jc: January. 67M
67Kc; February, 69c;May, 71Kc; July, 73K
?3jc Corn was ilrui, but slow, nnd closed
JiKp np; cash, 3SJc: December, 38c: Janu
ary. 3Sc; February. 39Jc: May, iSli4Sc
Oats slow; cash, 32c; May. 3ljo. Bye
scarce and held higher at fiOc nske. Barley
steady: sales, Minnesota, 62G3c Bran quiet
at 53c Hay unchanged. Flaxseed steady.
Cornineal quiet at $1 80.
Minneapolis May opened at 70o and
closed at 71c. It sold K higher than the
close not long after tne opening. There
was quite an active business on 'the floor,
mostly of a scalping order. There was an
active eash market. No. 1 Northern sold at
63c There was light trading in No. 2 North
ern, the leading price being 5s59e.
Receipts, 170 cars hereand 333 cars at Duluth
and SupeiioR close: May, 71c: December,
65c: on track: No. 1 hard. G6c:No. 1 North
ern, 65c; No. 2 Notthern, G860o.
Cincinnati Flour in light demand. Wheat
in fair demand; Na 2 red, 70c; receipts,
10,500 bushels; shipments, 2,000 bushels.
Corn firm: No. 2 mixed, lie Oats easy: Xa
2 mixed. 31K35c Bye In fair demand; Xo.
2, 51c Fork quiet and 'strong at $11 C,14.
Lard in good demand and stronger at $9 75.
Bulkmcats quiet and firm at $3 50. Bacon
firm at $10 00. Whisky active and strong;
sales, 1,011 li arrets at $1 3a Butter easy.
Sugar steady. Eggs steady at 23c Cheese
quieu
Milwaukee Flour quiet. Wheat firm: No.
2 spring, 66 No. 1 Northern, 72Jc: May,
71c. Corn qnlet: Na 3, 38c. Oats 'lull; No. 2
white. 33X31c: No. 3 do, 32Lj33Kc Par
ley quiet; Na 2, 65c: sample, 1060c. Rye
firm; No. I. "CSc Provision flnm Pork
January. $16 10. Lard January, $9 90. Re
ceipts Flonr, 70O0 barrels: wheat, 10,000
bushels: barley, 27 000 bushels. Shipments
Flour, 9.0C0 barrels; wheat, 12,000 bushels;
barley, 27,000 bnshels.
Baltimore Wheat dull; Na2 rod. spot and
December, 71Vc; February. 70c; May, SOJc.
Corn dull; mixed spot, ISjijc; January, 18Jic:
February, l?c. Oats quiet; Xo. 2 wnfie
Western, 12c; No. 2 mixed Western, 3SJc
Hay steady. Grain ireights quiet and un
changed. Provisions higher: mess pork,
$16 00. Butter stendy; creamery. 31c Exps
steady at 28c Coffee firm; Rio fair; No. 7,
I7c
Kansas City Wheat was dull and lower;
No. 2 hard, 6565c; Xa 2 red, 69c Corn
wenk: xo. 2 mixed. S3XSle: Na 2 white.
31X35c. Oats barely ji'eady: No 2 mixed.
303lc; No. 2 white, 3132c E-rgs firm at 38
22Kc Receipts AVheaf. 15.000 bushels:
corn, 6,000 bushels: oat, 1,000 bushels. Ship
ments Wheat, 27,000 bushels; corn, 11,000
bushels; oats, 1,000 bushels.
Duluth There wns an easv opening, but it
was followed by active trading afcadvauclng
prices up to noon; there wai a big demand
tor May wheat. Close: No. 1 hard, cash and
December, 63c; May, 754: No. 1 Northern,
cash, C6ic: December. C6c: May, 72c; Xo. 2
Xortherii, .ish and December, COMc: Xo. 3.
54Jc: rejected, 16Kc
Buffalo Wheat Xa 1 hard dull at 81Jc;
Xo. 1 Northern. TeJic: Na 2 red, 75)c. Corn
Na 2, no offerings. Receipts Corn, IS
000 bushels. Shipments Wheat, 4,000 bush
els. FIG IE0N STATISTICS.
Production Increased and Stocks Decreased
During November.
New York, Dec. 15. Special. The Jron
Age says: Our monthly blast furnace le
ports shows that wbllepioductlon Increased
during November at the rate of about 22,000
tons a month, there lias been a. reduction of
stocks, so far as our reports go, of about 6L
009 tons. This Indicates that statistically
the position has been improving. While
consumption has therefore been at the rate
of about 800,000 tons in Novomber, thero is
little doubt that the amount of iron melted
will fall off very materially during the next
four weeks.
The situation In the structural and plate
trades is somen hat peculiar. A very lirgo
amount of business is in sltcht. Our Phila
delphia correspondent estimates the quan
tity In the Eastern territory outside of cur
rent requirements at 10.000 tons, which In
cludes the Cramp ship work and 8,00d tons of
liirht steel plates for a pipe line. Thero is
evidence that a nnmberot largo office build
ings will be put up in our leading cities, so
that the future seems to hold out cood
prfimlse. In bars, wire nails and fencing the
reports are not generally encouraging. The
pipe trade is growing dull, and with It skelp
is suffering east and west. Tin has had a
spasmodic speculative movement upward
relapsing later In the week.
No Radical Change Abroad.
New York, Dec 15. A special cable to the
Iron Age says: The situation in the Iron
trade is without radical change Somewhat
more cheerful reports come from the Cleve
land district, owing to numerous inquiries
for iron for lorward delivery, but in other
quarters thero has been no appreciable turn
for the better. In prices of warrants there
has been very little movement. Late deal
ings were at lis. 8d. for Scotch, 37s. 3 J. for
Cleveland and IG-i. for tleinatlte. Latest ro
Portsshow7i Scotch lurnaces blowing and
31 03 tons scotch unil 17,000 tons Cleveland
pU lu the public stores.
P.g tin was depressed early in tho week
by lrce selling but recovered on more favor
aolo American advices and subsequently
weakened for want of support and lack of
ontsldo intorest. The tin pinto market has
been very quiet; rrices have remained al
most stationary. Mocks at shipping porta
have Increased to 112,000 boxes.
New York Metal Slarket,
New Yomt, Deo. 15. Pig Iron qnlet, bnt
steady: American, $13 O03 63. Copper
In moderate demand and tiriii; lake, $12 25.
Lead quiet: domestic, $3 75. Tin flrnien
straits, f 19 70.
For a sore throat there is nothing better
than a flannel bandage damnened with Cham
berlain's Pain, Balm. It will nearly always
effect a cure in one night's time. This reme
dy is also a favorite for rheumatism and has
cured many Tery severe cases. 0 cent, bot
Ues, wHi&. ..
1 1 Blif 1 tlifliiBtiffi riirTLBlMgff. inMTiiiiTnlni'niT i .i i ii Miffli m ' 1 T 11 1 1 1 Til in j-'jLS&L gar.-.' Sis. ... . Jtvifearg&At ai,S.,U.C ,- . .-fcar-
PITTSBTJKG DISPATCH.
GAS SHARES HIGHER
And Airbrake and Underground Cable
Look Up a Little.
DCQOESNE AND P. & H. DROOPY.
The Airbrake Directors reclare
rouble Dividend.
Another
CABLE TO GET TITAT "MONEY AT LAST
Thuesday, Dec 15. .
The volume of trading in 'local securities
on 'Change to-day was light as compared
with that of yesterday, but it was fair
withal, and the interest in the list showed
something of an increase. A broadening
tendency was distinctly noticeable, and,
with the exception of those shares which
have advanced sharply ot late, the drilt of
prices was in the upward direction. Ihe re
actionary movement in Duquesns traction
which set in at the close of "Wednesday's
business was continued to-day, the stock
selling down to 2S and closing barely
stea-ly at 28 bid. The company's re
port to the State, which was
presented in these columns, was regarded
as lairly satisiactory In unpiejntliced quar
ters, but it admittedly contained no sugges
tion of the company's ability to commenco
dividend payments at ns early a date as that
set by the street gossip or the past few days.
According to the report the company bad a
floating debt ot 571,129 71 on June 30 and cash
nnd bills ieo3lvahle - f $28,116 76, or a net
floating debt or $16,312 98. The company's
nronortion of the net reccints of the com
bine since that date, however, payable on
the first of next month, are estimated to be
more than sufficient to wipe this debt out
entirely, which lact is recited with consid
erable unction by the companv's friends.
Like Duquesno, P. & B. traction showed a
reactionary tendency, but It was less pro
nounced than that of its running mate. It
sold at 26 at tho first call, at 25 at tho last
and closed looking a trifle heavy at 25 bid.
In commenting on the company's issuo of 6
per cent gold debenture bonds, to which a
briof allusion was made in yesterday's re
port, the Telegra h says: "As is known, the
traction company wns compelled to widen
the bridge at its own expense. It was gen
erally supposed tint the cost wns met nut
of tho original Issue of $1,500.0000 bonds,
but such was no: the case. The arrange
ment with the bridge company provided for
the payment of tolls at the rate or 7 cents
per car, approximating bout $13,000 a year,
and this amnunfwns to be credited to the
traction company until the entire cost of
the improvement was returned. Under the
arrangement for taking care of the new de
bentuies, it is provided that the traction
company shall py the brldae company $3,000
ficr ear cash as tolls, and shall deposit with
ts trustee a certain amount per annum to
meet interest on ana cancel matuung Donus.
At stated periods the company will adver
tise for the surrender of bonds, for redemp
tion, and tho lowest offer shall bo accepted;
or, should there be no offers, the bonds to be
redeemed will be selected by drawing lots."
llarring Duquesno and P. & B. tho features
of the day were furnished by the Philadel
phia Company, Siandard Underground
Cable Company and Westinghouse Airbrake
Company. The announcement or the in
crease in the Philadelphia Company's divi
dend was a stimulating factor, the stock ad
vancing to 21J4 sales nnd bin underits influ
ence and closing strong. Underground
Cable was firm and higher on a report that
the money duo tho Company from the
United State' Light, Heat and Power Com
pany of New York ($150,000) was ready to be
turned over, but the advanced bidding failed
to bring out much of the stock. In
Airbrake tho bidding price was advanced
toward the close on the probability that the
directors of the company would meet late
in tho afternoon and declare tho regular
quarterly dividend of 5 per cent. This they
did, and which will doubtless be a pleas
ant surprise to many they also declared an
extra dividend of 5 per cent.
The only other shares traded in were
Pleasant Valley Railway at 24 and P., A.
& M. traction at 13K- Ihe strength In Phil
adelphia Company extended to the other
gassers, and tne tractions which did not
figure In the trading were steady to strong.
Electric was neglected here and moder
ately active and weaker in Boston. A deci
sion was lendered ttwlny by the Uulted
States Court of Appeals ot New York, in the
suit of the Edison Electrlo Company against
the Sawver-Mann Company, asking for an
Injunction, the Court granting the Injunc
tion with the proviso that the Edison Com
pany must supplv lamps on reasonable
terms to all Westinghouse plants installed
before the decision of the court below sus
tains the patent, and giving the Sawyer
Mann Company leave to apply to the Court
to vacate or modify the Injunction In case of
refusal on the part of the Edison Company
to comply with the proviso in any specific
case. The weakness of the stock In Boston
was probably due totthls decision.
Following were the bond quotations on
'Change: Citizens traction 5s 107 bid; Pltts
bnrg traction 5s. 104 bid; P. & B. traction 5s,
100 asked; Dtiquesnn traction 6s, par nnd In
terest (about 103) asked; Central traction 5s,
101 bid.
Airbrake's Doublo Dividend.
The directors of the Westinghouse Air
brake Company met at 1 o'clock this after
noon and declared the rognlar quarterly
dividend of 5 per cent and an extra of 5 per
cent, botb payable to stockholders of record
Jannary 10. Tne transfer books will close
December 31 and reopen January 11.
"What the Bank Statements Show.
The statements of the local national banks,
in response to the Comptroller's call as of
date December 9, compared with the state
ments made at the call of September 30,
show the following changes:
Reserves, decrease t 2,456,140
Loans, Increase 2CG.643
hnecle. decrease 371.512
Deposits, decrease 3.674.803
Legal tenders, decrease 641,250
Circulation, increase 7. .'CO
Due from legal reserve agents, decrease . . 1, 513, 778
The banksJiold $170,961 In excess of tho 25
per cent as required by law, or 25.41 percent
of net deposits.
Compared with tho statements of Decem
ber 2. 1S91, the following changes are shown:
Reserve, decrease S 08,837
Loans, increase 2,852,139
Specie, increase Ki,uy;
Deposits. Increase 3,251,033
Legal tenders, decrease 159,021
Circulation. Increase 290.53O
Due from legal reserve agents, decrease.. 64iti7:
For these figures we are indebted to Mr.
E. J. Stoney, Jr.
P., C, C. & St. L.'s November Business.
The statement of the business of the Pitts
burg, Cincinnati, Chicago and St. Louis Itail
wav Company, including the Little Miami
Railroad, for November. 1S92, as compared
with the same month in 1891, shows:
Increase In gross earnings f 136,23! 96
Increase In expenses 139,766 01
Increase In net earnings i 2,460 93
Tho 11 months of 1892, as compared with
the same period of 1891, show:
Increase In gross earnings
Increase lu expenses
..$1,297,171 81
.. 1,202.318 79
Increase la net earnings t $ 91,856 15
Financial Notes.
H. M. Long sold 12 shares Pleasant Valley
Railway outside the Exchange and 100 shares
P., A. & M. traction at 43.
There was evidently no advance informa
tion furnished on either the Philadelphia
Company's dividend Increase or the Air
brake extra. This is as It should bo.
Lawrence & Co. sold Pleasant Valley to
Long, and Messrs. Long nnd Carotbers sold
P. & B. to Hill & Co. and Bamsey.
Sproul & Co. and Long sold Philadelphia
Company to J. U. Barbonts and Hill & Co.
The latter sold Underground Cable to Kulin
Bros.
W. K. Thompson & Co. bought P., A. 4 M.
from Sproul & Co.
It is stated that the Illinois Central Kail
way Company will soon control the Little
Kock and Memphis Railroad. The transfer,
lc is said, will bo made before January. The
authority for tho statement Is H. W. Morri
son, General Passenger and Ticket Agent of
the Little Kock and Memphis. The price
paid for the vionerty is not known.
From Sproul & Co.'s market letter: The
money market has at last res'pontled to tho
influence of tho gold situation. The rise of
call loan rates to 10Q1S per cent this after
noon may bave been assisted by manipula
tion, but tbougli tlio eztrome rates did not
hold tho hardening price Is natural nnd
healthy. Tho surplus reserves of the New
York banks are down to about $3,000,000, and
nearly that amount of gold lias gone to
Europe this week while indications point to
an outflow of doublo the sum next eek.
There U a little talk current to the effect
that the Underground Cable Company will
cut a cantaloupe next rnontb.
Comparative statement of the Buffalo
Street Railway lor the month of November:
Gross earnings. 1S3J, $103 502; 1891, $79,661; in
crease, 36 3 per cunt, $18,933
J. S. BaeheACo. to Oakley 4 Co,: Whisky
began tlio duj's weakness, but the other
stock followed closclv and the decllne.con
slderlng the volnmo of business, wai .heavier
than It ought to bo. Th market lias boen
artificial of lata and tut pools bar by ma
nipulation tria to keep tne market active
y x-
-
,' - 1
FRIDAY, DECEMBER 16,
font to-day it showed its Inherent weakness.
The sterling exchange market remains very
strong nnd it islikely that moregold will go
out. foy Saturday's steamer. We prophesy
that the shipments of this week and next
will amount to fully $10,000,000.
Sales and Closing Oaotatlons.
The transactions recorded on the Ex
change sales board to-day were as follows:
FIBST CALL.
W0 shares pleasant Valley nilway Wi
zoantresp. & is. traction
ICO snare. Duquesne traction
20 .bares P., A. AM. traction
23
29
43
AFTEK CALL.
10 shares Philadelphia Company 21
SECOND CALL.
100 shares Dnquesne traction
THIRD CALL.
28
60 shares P. & B. traction
15 .bares Underground Cable
100 shares Philadelphia Company..
25
77
2IK
2SJ4
iu snares .uuquesne traction.
Total sales, 525 shares,
offers:
Closing bids and
Ill call.
id call.
Meaii.'
STOCKS.
Bid
Ask
Bid
Ask
Bid Alt
75J '.'.'.'.
'.'.'.'. io"
10), U'A
28 29
23X ....
.... 10K
21 k 21H
23H ....
em ....
to ei
21 .24
50 65
... 65
17 ....
.... 10
.... 5S
50" 6i"
15c 20e
H
.... 31
1:9" iso"
77 78
BANK STOCKS.
Allegheny Nat Bnk
KldelltyT. AT. Co..
M. A. 51. NaUBanE
Mercantile Trust Co
68
1M
78
jus
insurance.
Teutonla Ids. Co...,
Western Insurance.
NATURAL GAS.
ChartlersVal.Gas.,
Manufac Gas. Co..
Ohio Valley
Penna. Gas Co
Philadelphia Co...,
Wheeling Uas Co...
TIIACTIOKS.
Central ractlon
10
10X
20
20V
1734
2V,i
23),
21
S3W
B2?J
CO
24
Cltlrens Traction...
6ZS
60
ntisDurg Traction.
neasant valley...
Second Avenne...,
RAILROADS.
Chartlers Railway.
Pitts.. Y.A Ash...
21K
SO
17
60
P1IU.& Castle 3....
i-itts. w. s it 3......
COAL.
Mansfield C'.&CCo.
N. Y. 4C. G. C.Co
BRIDGE.
Union Bridge.
MINING.
k La Noria MlnincCo
:oo
Sl4
is ji
15c
muster Mining Co..
MISCELLANEOUS.
Monongahela Wat.
U.S. AS. Co
U. S. AS. Co..pM..
West. Airbrake Co.
Standard V. C. Co.
W
18
.17K
I2S
130
I28K
Closing Philadelphia Quotations.
Bid. Asked.
Pennsvlvanla 54V 54K
Reading 27H 27 3-16
Buffalo. N. Y. and Philadelphia.. 6H 7
Lehigh Valley 57 57H
Lehigh Navigation SXi ....
Philadelphia and Erie 33
Aorthern Pacific common HH 16'
N orthern Pacific preferred 17 48
Electric Stocks.
Boston, Dec 15. fpecfof. Closing quota
tions of electric stocks to-day were:
EM.
Edison Electric 111 .. 13"
Bid. Asked.
13 140
115 Hit
32 IX
41 SO
IS U
in 'ri
10
tieneral tlectrlc
Westinghouse, second preferred .. .
Westlnghonse. first preferred
Ft. Wayne Electric
Ft. Wayne Electric (A)
Thomson-Houston Tr. D
Thomson-Houston En. Elec. Weld .
Boston Stocks Closing Prices.
Ateh. & Top SOK
Iioston A Albany.. ..IttKi
Boston A Milne 174
Chi.. Bar. & Qulncy. 97ft
F. AP.5I. K?K.pfd. 75
K.C.,St.J.AC.B.7s..l21j
Mass. Central 18
Mex. Cen.. com 1CH
it. Y. & N. England. 42K
old Colony 179Jf
Rutland com 2
Wis. Cen. common.. 15J
Allouez JI. Co. (new) 90
Boston A Mont. 33
Calumet & Ilecla ..S90
Franklin 14M
Kearsarjre..
.... 12
Osceola 35!
Qulncy 114
Tamarack 156
Annlston Land Co... a
Iioston Land Co . ...
Sin Plcfto Land Co.
West End Land Co.
Bell Telephone ,
Lamson Store S....,
Water Power
5!i
. 13
17!
209)4
15 M
21-16
Centennial Mining..
7
. JU -Lei. & J.. .... ou
B. S. B. Copper 11'4
Thompson-IIous.EL113?4
MONETARY.
The local money market is fairly activo
and firm at 6 per cent, but a season of ease
is expected after tho turn of the year.
Eastern oxcliango and currency are trading
even.
New York, Dec. 15 Money on cill strin
gent, ransins from IK to 15 per cent; last
loan, 8; closed offered at 14. Prime mercan
tile paper, CQ0. htcrlinc exchange stronsr,
with notual business at $1 fcl S6 lor 60
day bills, and $1 8cl SSk lor demand.
Clearing Uonso Figures.
Pittsburg
Exchanges to-day
Balances to-day .,
Same day last week:
Exchanges ;
Balances
, $2,3:3.128 61
. 20O.C43 77
$2,521,039 69
531,770 13
New York, Dec. 15. Clearings, $139,017,803:
balances, $5,565,037.
Boston, Dec. 15. Clearinc, $15,720,0o0; bal
ances. $1,751,869. Money 5 cer cent. Ex
change on New York par to 8c discount.
Philadelphia, Dec. 15. Clcarlmrs, $13,483,
151; balances, $1,818,503. Monev 1J4 per cent.
Baltimore, Dec 15. Clearings, $2,556,330;
balances, $382,012. Rare G per cenr.
St. Louis. Dec. 15. Clearings, $4,347,077; bal
ances; $166,286. Money quiet at 67 Dor cent.
Exchange on New York, 25c discount.
Chicago, Dec. 15. Clearings to-dav, S18.3S2,
021. New York exchange, 30c premium.
Steillng exchanze strong; 60-day bills, $1 SO;
demand, $1 S8. Money easy at 6 per
cent.
New Orleans, La., Dec. 15. Clearings,
$2,167,8S3. New York sight, 50o promium;
bank. $1 00 premium.
Cincinnati, Dec. 15. Money !J6 per cent.
New Yotk exchange 10c discount. Clearings,
$2,281,150.
Boston, Doc 15. Clearing house balances,
$L751,8o9; rales 5 per cent: call loans, 56 per
cent; time loans, 56 per cent.
Foreign Financial.
Londow, Dec. 15. The bullion in the Bank
of England increased .65,000 duilng tho
Sast week. The proportion of the Bank of
nglanrt'n reserve to liability which last
week was 47.97 per oont is now 13.09 per cent.
Amount of bullion withdrawn from the
Bank of England on balance to-day, X 12,000.
Turpentine spirits, 22i ld per cwt. Cal
cutta linseed, 3Sj 6 1 per quarter.
Paris, Dec. 15 The weekly statement of
the Bank of France shows an Increase of
8,100,000 franc 1 gold and a decrease of 150,000
francs silver. Three per cent rentes, 99f
57o for tho nccnunt.
Londou. Dec. 15-1 p. jr. Closing: Consols,
money, 97 3-16; do acconnt. 97 5-16; New York,
Pennsylvania and Ohio firsts, 30& Canadian
Paclflo, 92: Erie, 25; Erie seconds, IMJi: Illi
nois Central, 1MJ: Mexican ordinary, 21;
St. Paul common, 80K: New York Central,
113; Pennsylvania, 55 Beading, 27; Mex
ican Central, new 1 66J. Bar sliver, 8Sd.
Money I per cent. Kate of discount in the
open market for .both short and three
months' bills, 1 per cent.
Bar Silver.
New York. Dee. 15. Special Bar silver.
In London 3Sd per ounce. New Yotk
dealers' prlco ior assay bars, 81o per ounce.
"Wool.
St. Louis, Dec. J5. Wool Receipts. 2.000
pounds; shipments, 415,000 pounds. Market
active; sales 350,000 pounds of Texas and Ter
ritory stock, but all on private terms. Quo
tations for choice Texas medium aro.22tc:
fine to fair medium. 1821c; light fine, 17
18c: heaw fine, ll15c; Territory bright me
dium. 18ft20c: fine to fair do. 17019c: light
.fine, 1517c; heavy do, 1215c.
Drygoods.
New Yonir, Dec. 15. Business activity in
drvgoods has passed from demand to deliv
ery, an Interval of quiet being natural nt
this time as well as from the scarcity of
goous. xnere was a lair iraao in oieacnea
and colored cottons, with cutters, and In
brown goods with converters. More busi
ness would be done all around if tho goods
could be had. There were no new develop
ments in this direction and few are now ex
pected. Business was fair In prints. Cloth
ing woolens were under a strong movement.
Flour In tho Northwest.
MmiTEAPOLis, Mmx., Dec. 15. The JVorfft
western Miller says: Tho mills. mudo another
big run last week, the output being the
heaviest in three weeks. Certain mills did
the best they bavo on this crop, a very lair
water power aiding them considerably. The
aggregate production for the week was 101,
600 barrels averaging 32,131 barrels daily
nuainst 180.5(5 barrels the previous week.
182,191 barrels for the corresponding time in
lb9l, and 135.6S3 barrels in 1890. The
flour market lemalns dull, and prices,
in sympathy with those of wheat, are
gradually settling down. For a week back
there was quite an excess of flour uronnd
over the volume of orders received. Tho
firms making a reduced amount or flonr
were tho only ones that made equivalent
sales The trade In flour the past weok has
been largely In carlot ordors. coming from
borne markets Patents can oe sold if low
enough pricos are made, but little can be
done with elthor bakers' or lowgrades For
that reason stocks of the latter two kinds
are accumulating. They cannot bo sold lor
export, and domestic dealer will not pay
any mora for a Bond quality of low grau
thnu'for shorts Very little la now hoard
from foreigners.
1892.
RAPID INCREASE IN VALUE.
Fourteen Acres of Land on Jlornlngslde
Avenne Sold for $42,000 An Increase ot
8500 Per Acre 'Within Five Months
Other Sales, Permits and Gossip.
Thursday, Dee. 15.
Another sale of acreage in the Morning
side district which shows a large and rapid
increase in value has just been closed. M.F.
Hippie & Co. sold for W. C. Lyne to Mr.
John Gangwisch et al the piece of land
known as the "Wainwright'property, situ
ated on Momingside' avenue, in the Eight
eenth ward, containing 14 acres, for$42,00d,
or $3,000 per acre. This proporty has a
tromase of about 800 feet on Mornlngslda
avenue and extends through to Stanton av
enue, and has a total frontage of about 5,000
feet on various thorough lares. This tract
was purchased the latter part of last July by
Mr. Lyne lor $35,000, or $2 500 per .acre,
showing an Increase of $500 per acre within
five months. ,
A Little Gossip.
Henry Clews, in an article on "How to In
vest Mpney," says: "Heal estate Is usually
a good Investment; more money has been
made in real estate than yon can estimate
in a day. The rjublic are leaving Wall street
alone, and aie putting their spare money In
land. This country has Just begun to be de
veloped. What has occurred in the past
will be repeated in the future. Towns will
grow rapidly into cities, and these cities
will attract tne attention of tho world. Tho
population of this country ii now 05,000,000.
Fifty years from now the copulation will bo
200,000,000, and its growth each year will be
in proportion to attain tnat ugurov vv uat
win ue tne price 01 land tnonr'
A tract of land in the Squirrel Hilt district
changed hands to-day at the rate of $8,000
per acre.
James H. Chambers & Co. have succeeded
the firm of James G. Barbonr Co., the real
estate brokers at 107 Fourth avenue. Mr.
'Barbour Intends locating in the West.
Building Permits.
The following permits were issued to-day:
Mrs. C. J. Elliot, a two-story brick dwell
ing, Heath street, near Stanton avenue;
cost, $1,500. Mrs. Elizabeth Hershey, a two
story frame dwelling, Ella street, between
Liberty and Wlneuiddle avonucs; cost,
$1,900.
Late Sales.
W. A. Lincoln sold for John C. Day a resi
dence on Woodworth street, Sbadyslde, to
George F..MacDonaId, for $6,000 casb.
Keed B. Coyle & Co sold for the Fidelity
Title and Trust Company two lots, Nos. 280
and2S0Ji, in the Watson Place plan, Tenth
ward, Allegheny, fronting 100 feet on Per
rysvllle avenue by 150 feet to Orleans street,
ior $itiw.
D. Beben & Son sold for E. II. Palmer a lot
21x78 leor, No. 109 Clifl street. Eleventh
ward, with a four-room frarao house and a
brick stoic, for $2,225.
John K. Ewing & Co. sold to Harry H.
Short for B. A. Elliott a lot, 21x115, on Floral
aenue, Tentn ward, Allegheny, being lot
No. 37 In the Elliott plan, for H50 cash.
Black & Balrd sold for Mrs. E. M. Wright,
of Washington, la., to tho Pennsylvania
Bailroad Company a lot on tho Panhandle
mad, Sontbslde, adjoining the Panhandle
depot, for $100 cash.
STAPLES FAIRLY ACTIVE
And the Movement In Holidav Specialties
Unusually Large Prices Generally Well
Maintained Late Crop and Business
Gossip.
Thtjesday, Dec. 15.
Trade in staple merchandise was fair to
day, but prices, as a rale, were unchanged
and features of any character were lacking.
Among the produce commission men busi
ness was reported quiet, as nsual to Thurs
day, with everything in their line firmly
held. The movement in specialties for the
holiday trade continues heavy, completely
overshadowing all other movements.
There is no letup in the wheat receipts.
Advices from the Northwest say farmers
have been compelled to take their wheat
back home after waiting all day at their
market towns lor a chanoe to unload. Ac
tions have been begun against tho railways
for failuro to provide cars.
Tho Chicago stock of contract wheat stead
ily increases and is now almost 5,000,000
bnsbels. There is little commercial demand
for this grade, as the lower grades aro rela
tively so mucn cheaper. Hence the specu
lative grade accumulates. The -stock of
o ntract corn now in store in Chicago I re
ported at 4,117533 onsbrls. asralnst 1,508,800
bnshels one week ago and SOO'Jbushcls ono
vear ago this time. Stocks or contract oats
are 1,783.633 bushels, against 2,023,271 bushels
the provlons week.
Tho Trade Bulletin, ot Chicago, make tho
world's visible supply of wheat nnd flour
December 1 amount to 231,000,000 bushels,
against 196,000,000 bnsbels a month earlier.
It reports an increase during Nbveraber of
23,000,000 bushels on this side and an increase
abroad of 12,000,000 bushels.
The feeling in the provision crowd is be
coming more bullish on lng to the light sup
ply of hogs. The farmers have been report
ing the hog supplv of the West as 25 per cent
short, but the deficit Is much greater than
that. .The Western packing since November
lis 50 per cent less than ior the same time
last year, and the hog receipts continue to
fall off.
People who bave recently returned from
the West report the sentiment among tho
masses ns very hopeful regarding the out
look for business. People ni e busy in all the
different lines of trade, too busy In fact to
give to the currency question that serious
thought which Is the cause of so much con
servatism In the East.
The demand for fruits nnts, candles and
table delicacies for the holiday season is
said to be unprecodentedly active.
Poultry and egsaie holding firmly np to
quotations, the market still being compara
tively bare of lresh stocks.
Dairy products are somewhat easier un
der rather heavy supplies.
Winter vegetables aro in good demand
and gradually stiffening in price.
Grain, Flour and Feed.
No sales occurred on call at the Grain
and Flour Exchange to-day. Sales after call:
One car No. 2 white oats, spot, P. 4 L. E.,
3ec; one car sample oats, spot, P., Ft. W. &
C, 10c. Bids and offers on call:
6POT.
No. 1 white oats
No. 2 white oats
Extra No. 3 white oats
M. 2 yellow shelled corn
High mixed shelled corn
TIVE DAYS.
No. 2 yellow shelled corn
No. 2yellowear corn
High mixed ear corn
o. 2 white oats
Extra No, 3 white oats
Winter wlif at bran, sacked
Bid. Asked.
3S'4
41 ,
39S
38,
48
47
46
45
43
51
50
39
38S
16 50
15 00
11 CO
13 00
13 50
12 50
SO
471
37H
37
15 00
Winter wheat bran, bulk
No. 1 tlmotbv liar 13 25
X 1 tlmnthT hav -
Yi. Ml
12 50
Jo. 1 clover liar
Clover and timothy hayinlxed.,
TEX DAIS.
No. 2 yellow shelled corn 46 47J
No. 2 ellow ear corn 43 ,S 61
No. 2 white oats 37h 33X
Winter wheat bran, sacked IS 00
Winter wheat bran, bulk 15 00
Wheat straw. 6 75
Kecelpts bulletined: Via tho B. & O. 1 car
flour; via the P. A L. E. I car hay, 1 car ryet
1 car flour: via the P., Ft. . & C 12 cars
oats, 7 cars hay, 1 car bran. 2 cars barley, 1
car flour, via the P., C, C. & St. L. 9 cars
hay, 5 cars corn, 2 cars bran, I car oats.
Total, 44 cars.
UANOK OP TIIE MARKET.
(The following quotations for grain, feed, hay
a small advance from store.
and straw are ior canois on trace, ueaiers cnarge
Wheat-No. 2rea TSKO
jno. srea 73
corn rio. zyeiiowear
High mixed ear.
Mixed ear
No. 2yellow shelled ,
High mixed shelled
Mixed shell ed
New No. 2 shelled
Jc high mixed thellcd corn.
Oats No. 1 white
No. 2wnltc
Extra No. 3 white
.Ni,3
Mixed
BYE No. 1 Western
Jvo. 2 Western
40
3D
w
37-i
36
m
& 57
Floor (Joblwrs' prices) Fancy brands. $4 75
85: sta nuaril winter patents, $4 504 75: spring
patents HlWMMl straight winter. ( al S:
clear wlnlcr. i 75Q4 Otf; XXX bakers S3 75(0)3 85;
rye, 3 SOgl 75.
The Exchange Pries Current quotes flour in car
lots on track as follows:
Patent winter $3 750100
Patent spring -..vat v,
Straight winter. 3 jjaj 60
Clear winter 3 0003 25
Lowgrades 2 0032 50
Kye Hour Zumsn
Spring bikers i 3 353 50
Mii.lfied-No. I white middlings $18 001 U0:
No. 2whlte middlings, $16 50(317 00: winter wheat
bran, H4 50315 00: uruwn middlings, t:6 00316 50:
chot), $13 $.3 00.
Hay Choice timothy, $11 KX3H 25: No. 1 tim
othy. $13 25I3 75; Np. 2 tlnsothv. $12 00I2 50:
mixed clover and timothy. $12 Soffits ou: pocking.
$7 00i i: No. 1 feeding prarle. $10 COaiO 50; No.
2 do. 9 xa'J Sj: wagon hay. $15 C0I8 Ou.
Straw- Wheat, ifi 0036 59; oai, (s 5t7 00; rye,
$7 007 50.
Grocer!,
WBAB-ratest estteaf, M mOm, Mi ftw-,1
76W
H 14
9ra so
48't 49
46 (3 47
434 41
47SW 43
45H 48i
4! 47
4.Wu 46
.raws
335
37t
37 (a)
r. ra
50 i-i
56
dered, 5c; granulated (standard), 4Jc: confection
ers' A. 18-lOc; sort A. 4K4c: fancy yellow, 4Hc:
fair yellow. 4J$4Hc: common yellow. aXaie.
COFFEE Koaated.1n mttim-Standard hranilK.
--;, Becunu graoes. zm
2732c. Loose Java. 36J43I7
Maracilbo. 2h" 1'v.ttrrr. a
28Kc: Caracas. aOKiMIXC! Rio. UlZniic.
MOLASSES-Cholee. 233c: fancy. HHfAVie:
centrifugals. 2S3c; new crop New orleann, 43
lie.
Strop Corn 121110: si25c: sugar syrup, 26ac:
fancy flavors. 3:433c; black strap, 1C017C. "
FlIUlTS-Loudou layer raisins. 2 50; California
London layers $2 io2 15; California museitel.
nags. 66)ic: boxeit. SI 15l 25: Valencia. 7S47Vc:
nndara Valencia, tSUmHa: California sultanas. 11
Qll.Sc: currants. IKl&lc: California prunes, ll'i
150: French prunes. S'-Qlic: California seedless
nlslns. 1-lti cartons, $3 90; citron, 20c; lemon
pcet. loaioc
Rice-Fancy head Carolina. MilSaHc; prime to
choice, 51,(a6c; Louisiana. 5c; Java. 5)$.c:
Japan. 8Xgec.
Canned GOODS Standard peaches. $2 2002 35;
extra peaches.. 12 4j2 50: seconds. $1 851 95: pie
reaches; SI :01 25: finest com. $1 3j1 40: Har
ford county corn. $1 05(3)1 10: lima neans. 1 20
1 23: soaked, soattc: early Jane peas. $1 I5l a:
marrowfat peas. $1 OSi 11: soaked. 7aaSoc: 1- rench
peas. $11 5050 u 9 100 cans, or 1140(31 30?! dozen:
Jilneapnlei. f I 35SI 50; extra do, 12 4U: Bahama do.
2 90: Damson plums. Eastern. $1 25; California
pears, 12 2S2 35; do 'greeu gage1, 1173: do egg
plums. $1 Tit do aprlcett. $1 831 00: do extra
white cherries. $2 752 81:00 while cherries. 2-lb
cans, tl 63: raspberries, fl 30(31 50: strawberries.
$1 1531 25: gooseberries. $1 IC1 25: tomatoes. 95c
(I 00; salmon. I-Ib. I 2V31 35: blackberries. 7ote;
succotash. 2-lb cans, so.iced. 95c: do standard. 2-Ib
can'. I 2J3.1 50; corned beef, 2-lb cans. $1 75(31 DO:
do 1Mb. $13 50: roan beef. 2-lb. $1 C5: chipped
beef. 1-lh cans, ft 83(32 00; baked beans, 11 iS(SH Si;
lobsters. I-lb, a: mackerel, fresh, 1-lb, fl 00:
broiled. $1 50; sardines, domestic Hs. (3 85: H".
$5 25; Ms. mustard. $3 fO: Imported, H, $10 S0
12 50: Imported. 14s, f 18 ffiSKn 00: canned apples,
3-Ib. 80ai5c: gallons. $2 50J 75.
OILS-Carhon. 110. 6c: headlight, filfc; water
white. 7c: Elaine. 13c; Ohio legal test. 6!4c; miners
winter white. SJg34c; do summer. 323Cc
Provisions.
Large hams
Medium ,
Simll
Trimmed
California
Shonloers, sugar-cured
Bacon shoulders
Dry salt shoulders
Breakfast bacon
Extra do
Clear bellies, smoked
Clear bellies, drr salt
Dried bce knnckles
...f
12
12K
12'
irt
9
9V
8
t'4
12
13
10
9
131
13
10
9
11
UK
"
8
8S
I54
814
-Hounds
Flats
I.ard (refined) tierces
Tubs
Two 50-lb cases
Lard (compound), tierces
Half barrels
Tubs
Pails
Two 50-lb cases ,
Three-tb cases
Flve-Ib cases
Ten-lb cases
Hess pork, heavy ,
Mess port, light ,
Butter and Cheese.
8
. 16 50
.17 50
BOTTrn Elgin creamery. 32'43IKc: other
brands, 21 3!c: choice to fancv dairy and country
roll. 2bZSc: fair to medium grades. ISOIlc; low
grades. l-.-16c; cooking, ollc; grease, 68c.
ciiKisi-umo. rail made. lKdll'jc: sum
mer made, 10J(gHOJc: New York, i:(3i:jc;
fancy Wisconsin Swiss blocks. ll15c: do bricks.
1213c: Wisconsin sweltzer. In labs. I313c;
Umberger, 10llc; Ohio Swiss, 12j13c.
Eggs and Poultry.
EGGS Strlctlv fresh Pennsylvania and Ohio, 2G
27c: sneclal marks 2Sci cold storage. 222Tie.
PODLTRT Lire Sprlrg chickens. 4o55c per
pair: old chickens. Cl70c: ducks. 6070c: geese.
51 2V3I 35; tnrkers. 11(31 per lb Dressed
Chickens, 1S3I1C per lb; turkeys, Hl6c; ducks. 11
15c; geese. lCllc
Berries, Fruit and Vegetables.
Cranberries aro steadily increasing in
price, the quotations to-day being $3 00
3 23 per box.
Apples aro holding np well at $2 253 50
per bbl, while grapes aro somewhat easier
at $25 OC27 00 per 100 810-lb baskets, and
$11 CCI5 00 for small baskets: Florida or
anges, $2 5063 25 per box; lemons. $3 50125;
binanas, $1 001 50 per imncn; pineapples. 10
(315c by tho bbl: ilo. extra larce, 2025c?
Malaga grapes, $6 00S 00 per keg; Persian
dates, 6c per lb bv the case.
Cabbage, $2 533 00 per barrel; onion".
$2 752 85 per barrel ror nativo and $1 35
1 10 per box for Spanish; turnips. $1 50
2 00 rer barrel: rutabagas. $1 151 25; beet".
$2 002 23; parsnips. $2 25J 50: carrots, $1 50
1 75; celery, 2535e rer dozen bunches;
Horida cucumbers. $2 CO per dozen.
Potatoes are firm at 8593c per bushel
from store and 70iffS0o on track. Jersey
sweats. flrts, $4 00Q1 25 per barrel: do. sec
onds, $3 003 25; Baltimore, firsts, $3 253 60;
do, seconds, $2 502 75.
Game.
Quail, $2 002 25 per dozen; pheasants.
$6 607 00: prairie chickens, $0 C0Q6 50: Mnl
lard ducks $1 O0Q1 50; squirrels, $1 251 50;
rnbDlt", 3510c per nir: venison, carcass,
1212c; do venison, 16018c.
Dried and Evaporated Fruits.
Apple", evaporated, 5Mb boxes, 9o per
lb: nprlcots, 1518e; pitted cherries, 17c;
California peaches U17c; do pears ISc:
do plnms, pitted, 13c: ra-pDerries, 2122c;
Leghorn citron, il15c; dates, 5c: fig;, 9llc;
nectarines, 10c; orange peal, 130 He
miscellaneous.
Seed Choice mammoth rlover. $3 50 per bn;
choice Western timothy, S2 C02 10.
Buckwheat Flouu 2aic per 10.
Beans New York and Michigan pea beans $210
(3)2 13 per bit. : hand-picked medium, 12 0002(3:
Lima, 4S(94Vc per lb: Pennsylvania and "onto
beins. $1 7V5I OOperbu.
BEESWAX-Cholce vellow. rXHYie; dark. lOS-re.
Cider .New country. $4 0Q5 50: crab. (8 t04 X
per bbl.
Hoxei New crop white clover, 20321c per lb:
bnekwheaf. Halite: strained honey, 89c.
Tallow Country rough, S.KSlc per lb; city rcn
aered. 4634!c.
rEATIIEKS Extra live geese, 536Cc per lb; No
do 48S5ec:mlxcd.30(&l0.
NUTS-Peanuii. green, 3340 per lb; do
roasted. $1 Iol 25 per husticl: hickory nuts
$1 001 25: shellbarks tl 25 1 50: new wal
nuts, iiuG5c: oM do. .Vi55c: butternuts 5Ctc5
55c for old and 6 G3c ror new; filberts.
9c per lb: almonds Tarragon. 18c: do Ivlca. IBe:
do paper shell, ?5c: shelled almonds. 3iC: Brazil
nuts 8(38Sc: French walnuts. 8c: pecans 10c;
Naples walnnfs. 13r; Grenoble walnuts 13'4c.
Pickles $4 J0S5 50 per barrel.
FoPCORX-3,ig4Hc per lb.
HIDES Green steer hide", trimmed. 75 lbs and
np. 7c: green steer hides trimmed. 63 to 75 lbs. 7c:
green steer hides trimmed, under CO Ibi. fie: green
cow hides trimmed, all weights, 4c; green bull
hides, trimmed, all weights 4c: gren calf skins
o. I, 6c: green calf skins o. 2, 4c: green steer
hides trimmed, side branded. 4c: green fait
steers. No. 1. 60 lbs and un. 77jc: green silt
cows. No. 1. all wclchts 434Kc; green salt calf.
No. 1. 6 to 15 lbs 5H6c: green salt CI p. No. 1, 15
to 25 lbs 405e: runner ski 11. No. I, 10 to 15 lbs, 3
'c: Ho. 2 bides, l.Scoff; No. 2 cair. 2c off.
LIVE STOCK.
Cattle Firmer and Hogs Higher at the
Central Drnve Tards.
East Liberty, Dec. 13.
Cattle Receipt", 1.2S0 head; shipments,
1,200: market firm at yesterday's prices; no
cattle shipped to New York to-day.
Hoos Eecoipts, 2,100 bead; shlpment",2,O00;
market steady; PhtladelphiaB, $5 S0G 63;
mixed, $6 1566 fO: Yorkers, $6 255 10; 5 cars
liozs shlppeu to Now York to-day.
Sheef Kecelpts, 00 head: shipments,
l,2u0; market lair and unchanged.
dy associated rnsss.
Chicago Tho Evening Journal reports: Cat
tle Receipts, 11,000 ncad; shipments. 1500
head: marketxsteady to strong; Chriitmas
beeves,5 S07 0J; good to choicn. $1 305 id;
others, $2 O-'fel 00: stockers, $i 0003 25: cows
$1 203 60. Hogs Receipts. 29.00U head; ship
ments, 0,000 head; market 5c to 10c higher;
rough and common, $G 00QC 10: packing and
mixed. $6 1008 35; good to prlmo heavy.
$6 3536 62: butchers' $8 308 15; light, $5 O0
6 30: skins and pigs, $5 OOQB 00. Sheep Kb
celpts, 7,000 head; shipments, 1,-00 bead:
market dull and lower: Christmas wethers,
$5 105 50; natives, $3 8005 25: Westerns
$1 331 SO; Texans, $1 151 70; lambs, $3 75
5 60.
Buffalo Cattle Receipts, 106 loads
through, 3 sale; market opened steady: sales,
Kansas cows and heifers, $3 10; light steers.
$J 40. Hogs Receipts, 23 loads througb, 13
sale; market oponed strong and higher;
heavy cornfed, $6 60. Sheep nnd lambs Re
ceipts, 10 loads through, 17 sale; market
opened steady for Bheep nnd tronjer for
lambs; cholco wethers $3 255 50; fair sheep.
Si 50: Canada do, $5 50. Lambs Native choice,
$6 00; Canada, common, $6 00.
Now York Beeves Receipts, 233 head,
nil lor exporters and slangliierors; no trade;
feeling firm: droseU beef steady at 79o
pr pound.; shipment's to-morrow, 73 beeves,
GO sheep, 10 hogs and 60 quarters or beer.
Calves Receipts. lC6hiuid: 110 trade.. Sheep
and lambs Receipts, 1,688 head: market
firm; shrep, $3 003 23 pr 1(X) pounds: lambs,
$3 256C0. llojs Receipts, 1,850 head, con
signed direct; market nominally steady at
$3 70S 30 per 100 pounds
lncln-ari Hogs strong at, $5 5C6 50; re
ceipts 4.730 head; shipments 1,330 bead.
Cattle steady at $1 50QJ 00; receipts, C50
head; shlpmonts, 760 nctd. Sheep In good
demand and lteady at $J 758 CO; receipts,
649 head: shipments 200 head. Lambs strong
at $1 0085 73.
BICK HEADACHE-,.,,, , ,tae Um pmjL
SICK HEALACHE-Cart(,r,5 LmIe L,Ter j.m
HICK HEADACni''-Cartcr,1 UMIo Uya puu
SICK "ACHE-VmRcr,lIJtUeL,Ttrtlllfc
ItHWnR.
11
TWO GORDON SAND WELLS.
They Were Developed Yesterday South of
"Willow Orove-Fertig Sc Co.' "Well,
South or Oakdale, Is Slaking 400 Bor
'rel a Day 'Producers Companies to
Consolidate.
Two nice Gordon sand wells were reported
yesterday in the lower end ot the Meiie
pool; which lies south of Willow Grove
about a mile and a half, and two more are
expoctcd to 1 each the pay to-day.
J. M. Gufloy & Co.'s No. 6, on the SJiane
property, was one of tho wells developed
yesterday. It was drilled only a short dis
tance into the Gordon when it began to pat
out 13 barrels nn hour, and according tcrlato
reports last evening it was holding up to
that gals
The other well was Greenlee 4 Hartman'a
No. 3. on the Potter farm, which has been in
the Gordon sand for several days. It was
drilled through that formation yesterday,
and Is making 16 barrels an hour.
The Sinclair OU Company's No. 3. on the
Kirk farm, in the same locality, was drilling
on top of the Gordon yesterday, and should
reach the -av to-day. They have bad
streak of bad lnck nt this well, as one rbj
was burned owing to a pocket of gas being
struck In the salt "and. and a few days arter
they started to drill in the new rU the bull
wheels went up through the derrick, rip
ping it into kindling wood.
The Belmont Oil Companv's Na 2, on the
Morgan farm, which is located lor a good
well, is due in the Gordon sand to-day.
Frnnk Fcrtlg & Co.'s No. 1. on the GIbon
property, near tbo cemetery, half a mile
south or Oakdale, has been shot In tbo firth
sand and has been making 100 barrels a day
since last Saturday. They started to spud
in No. 2 on the same property yesterday.
Robisnn & Brown Bros arr starting a well
on the Jarvl larm, near the Gibson, and ths
Forott Oil Company has located No. I, on
the Waters, in the s-tmc locality.
The Forest OU Company is starting Nos J
and 1 on tho Sterling farm, and their Na 10
on the W. C. Herron farm, north of Nobles
town, Is due the first of next week. They
expect to start Na on tho Devinefarmin
the eastern McCnrdy field next week.
Gas From the Gordon Sand.
The Oakdale Gas Company's well on the
Lutz farm, which was dry in the fifth sand,
Is a good gnsser In the Gortlon.
The Peeple's Gas Company lias a well on
tho Wallace farm, south of WUIow Grove,
which is due in the Gordon sand this week,
and one on the Dixou is due the first of next
week.
Jennings, Guffey & Co.'s No. 10, on the Bell
fnrm, north of Noblestown, is through tba
Gordon sand and should get the filth to.
morrow. ThelrNo.ll Bell is down 1,000 feet,
and they are starting No. 6 on the Matthews
heirs' farm.
The Forest Oil Company's well, on the
Dnncan 'arm, near Hendorionvllle, in But
ler county, is showing up light in the 100
foot. Milltoww Carnegie & Co. are down 1 903
feet In No. 2 on the llnffey farm, and No. 3 Is
drilling at 1,100 feet.
Slaking Thirty Barrels an Hour.
Lato last evening information was re
ceived In Pittsburg that tho No. 4 McCoy of
J. M. Guffey, Stewart &Robison,was making
30 barrels from the fourth rand. This well
is located in the eastern McCnrdy dixtriot,
and is the biggest, lonrtli sander which baa
been struck in that field.
They Will Probably ConsoUdate.
The Producers ami Refiners' Pipe Line
Company, which will commence Monday
to pump oil from CorapolU to TitusvUle,
will have four pump stations Each station
is a fao simile of the others, fitted with
double-compound, hi:h and low pressure
puuips, capable or forcing 5.000 barrels a day
through tbetour-lnch line. The lower atation
will be nt Cornpolis the next will be known
r.s the Jefferson station, near Herman, in
Butler county: the third will ne nt Dotters,
two miles above Emlenton, and the fourth
at Oil City. OU will be delivered to the
Producers' Refinery at Emlonton, to S. Y.
Ramage at Reno; tr tho Independent Re
finery at Oil Cliy, and to over half a dozen
individual refineries around Titusville. It
is the intention of the directors in
the two companies to consolidate
the Producer-'' Oil Company and the Pro
ducers' and Refiners' Pipe Line Company, as
tho same people practically control both.
The charter office of tho tormer is at War
ren, while the headquarters or the latter are
nt Titusvillo. Harry Breckinridge, who is
the general superintendent of tho Pro
ducers and Refiners Company, will probably
have cbanzH of both lines, and Thomas
Lowry, who now has charge of tho fuel de
partment of the Producers' Oil Company,
will have the samo position in ths consoli
dated companies.
The Gauges Yesterday.
The estimated production of th McDonald
field yesterday was 19,500 barrels, 500 less than
the day before. The. Woodland Oil Com
pany's Na 2 Scott was making 10 barrels an
hour; Knox Bros. & Ca" Na 2 Scott. 20 an
hour. The stock lit tlio field was 13.500 bar
rels The runs from the SlstersvUle field were
16,563 barrels
Runs and Shipments Wednesday.
The National Transit runs were 30,361; ship
ments, 11.E03. Runs of Southwest Pennsyl
vania from McDonald, 11,331; outside of Mo
Donald, 9,673; total runs H.SSL Buckeye
rnnsot Macks bury oil, 7,328; "h!puients,iione.
Buokcye runn or Limn oil. 17.2S5; shipments,
53.163. Eureka runs, 16,109; shipment", 2,523.
New York Transit shipments, 35,831, South
ern Pip LtirB shipments, 33,597.
The Western and Atlantic Plpo Line runs
for Wednesday were 3,50.) barrels and tho
shipments wero 3,027 barrels
The rnna of the W. L. Mellon Pipe Lines
wore 8,211: receipts from other lines none;
total receipts. 8,211; shipments 7.581.
The runs of the Tidewater Pipe Line Com
pany on Wednesday were 1,658; total, 60.513;
average, 1,322: shipments, none; total, 113,330;
average, 10,239 barrels
The Oil Slarket.
Range of the Jannary option: Opening,
53c: highest, B3a": lowest, 53c; closing
33c
i.etlncd oil New York, 5.15c; London, 1
4J: Antwerp, 12i.
Oil City, Pa Dee. IS. Opened. 53c; high
est, 53JIc; lowest, 53C: closed, 53c; sales
20,000 barrels; shipments, 78,003 barrels; runs
13.018 bnrrels.
New Yore, Dec. 15. Petroleum neglected;
no sale reported: Pennsylvania oil, Janu
ary option, 53c bid, 55c asked. Lima oU,
17c bid.
Cotton.
Galvestos; Dea J3. Cotton steady: mid
dling, 9c: low middling. 9c; good ordi
nary, 8jc: net and gross receipts 5 981 bales,
exports to Great Britain. 1,492 bales; sales.
888 bales; stork. 161,137 baled.
New Orleans, Dec. 13. Cotton Arm;
middling, 9 11-IKc; low middling, 9 516c; good
ordinary, 8 13-1 Cc: net receipts, 12,121 bales;
gross 13,250 bales; exports coastwise, 1,330
bales:snles, 10,000 bales: stock, 283,198 bale-.
New Yore, Dec-15 Cotton lutures closed
firm; sales. 307,103 bales; December, 9.67c;
January, 9.75c: February, 9.81c: March,
9 9lc: ,prll. 10.Mc; Jlay, lu.llc; June, 10.21c;
July, la&c: August, 10.33c.
Liverpool. Dec. 15. Cotton steady, with
fair demand: middling, 5 3-16d; sales 10.000
bales, of which 1000 were for speculation
and export, and included 8,900 American.
It pays to advertise for a situation In THE
DISPATCH. One cent a word Is the cost,
When Baby was sick, we gave her Castoria.
When she was a Child, she cried for Castoria.
When she became Miss, she clung to Castoria.
When ihe had Children, she gave them Casteri
DANIEL M'CAFFREY.
CHOICE TIMOTHY HAY.
Car Lots a Specialty.
23S AND 210 FIFTH AVENUE,
S63-D riTTSBTJRO.
UEOKEBS FlNANOiAU
L&TAlLlSilD 1SH.
John M. Oakley & Co.,
bankers and brokers.
15 SIXTH ST.
Direct private wlro to New York and CM
caga Member New York, Chicago and Pitli
burg Exohanges
Local securities bought and sold for owl
or carried on liberal margins.
Investments made at our discretion and
dividends paid quarterly.
Interest paid on balance (since 1S83.1
Money to lean on call.
Information book on all markets mallei
on application. iel
Whitney & Stephenson;
57 Fourth Avcnu
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