II
II
6 -
STOVES, -CASTINGS,
THE BEST STOVES.
A. BRADLEY & CO.
or the greatest variety of •
Cook, Parlor and Heating Stoves ,
TO BE POUND Ilf THE STATE.
Bole Agents for the celbrated Base Burning Ori
ental Stoves and Furnaces for Hard Coal or Coke.
Best in the World for Parlor, - Dflice. store or Church.
re needs no rekindling_—burns all winter. Do nct
buy until yow. see or send for Circular.
No. 30 WOOD STREET
Our Agents for Orlentals—DEMMLEß BROS.,
entithleld lit.; GEO. HUBLEIi, Allegheny City.
GRAFT, 1111611 S CO.,
MA2fETACTIIII.EIiB OP,EVERY VARIETY Or
taircrinots,
BOSTON' •C00K12113 RANGE,
THE FEU FURNACE," •
, nit WARMING Btritmoros.
TICK• NEW ANTI-DUST COOKING STOVE,
E f
"BEGULATOTL I, ' C LIIMBIA. COOK STOVE,
VAN'S ',Cincinnati P ttern) PORTABLE RANGE,
- lan IRON' MAIN I,ES, WELLMAX , S RE-
A
EcTOIL. GRAN , free trom gat and dust;
1 1 4/Wr ir o TAWNTEs. MOM. lac..- 1 •
1 : and 8 Liberty Street,
,• PITIVICURGII•fA•
OK STOVES.
CET THE
'MSS Efl4. ..kr, CO.'S
TRIUMPH,
FOR BITTML72I OUS COAL.
Warranted to Cook, Bake or Boast,aa
Will as any other Stove in the Union.
BISSELL .& CO.,
No.. 285 Liberty Street
— also on hand and for side s
PARLOR tai)Vra
TIT G il
t ; ; TriIitZAPIIENDEItak ,
NOM. La.
IRON 'WORKS.
---
NoTicE.we have this day as
.
sochsted with us in co-partnership, EDWIN
biLLES and JOHN S. SLAGLE. The business will be
ontintletfal tieretoloie under the name and style of
('OLEDIALN -its:br. ;CO.
rlttsburgh, January Ist, 1860.
DUQUESNE WORKS,
''• COLEMAN,. ‘RA.II3I . Br, CO,.
Manufacturers of
IRON, NAILS. STEEL,
AXLES AND SPRINGS,
Duquesne Doi, Sheet and Tank Iron. Juniata Iron.
Wagon Box Iron. Charcoal Iron, cyilnder Iron, X
"L Iron, Flanged Cutter Bars Guard Iron, Drag and
Dropper Bars, T Rail for Coal Ronda, Iron Wedges,
lit Ball for Coal Roads, Bolter Iron Crow Bars,
tiL
Challngs..BolleYlie-sns. p
eel, and Iron Harrow
_Xeethi , lfterlage, Whop, Sett and Coach S_prlngs,-.
• and Like, a ll styles: also Steel fur Plows, Cnltiva
-"tor Steel, Steel Wino and Moulds cut to petters.
BDring ttet-1 all sizes: A. B. :•teel and Steel Tire,
; -Steel Crow. Bars Steel r.iliattlng, &c. .
ALL GOODS FIRST CLAS A.ND WARRANTED.
isrOftices and Work , 16th street slid Allegheny
river and TT WATER STREET, Pittsburgh.
t JILL Preen......... P 7. P. PonTin. Sup.t.
FITTSBIPARGII FORGE .
AND IRON CO.,
a=..t.ses or
Bar Iran;
Plki'road Fish Bars and Bolts;
Railroad Car •siesllse%
1110).iiiad car Aviles ilaramered;
Zr easiaisti,vri Prowess .
Ifuseespiefire Frans(' Shapes;
AMP *4141.), :
Yokes, Straps;
Piston Heads;
Illteatnboat Shafts;
Steamboat Cranks;
Piston Bodo, wrists;
Pltlaan iewb, collars, 4te.
oMosi.No. 177 PENN STREET.
i'lTTBßtriP6li. • P
EVERIRON, PRESTON Is CO.,
Pennsylvania. Iron 1)V orks.
"Waxebanee, Nos. 166 and 167 FnesT 61:61LET
opposite idanoninuela Rouse,
a D 24163, _ - PlTTWasuitovi.'
STEEL WORKS.
D IKIVESNE
IRON ANO STEEL WORKS.
RAHN '& CO.,
xintrAcniuqui or
111.0114 Nails and Steel. Carriage and
Wagon Springaand Axles.
ant Bar, Bound
vil ' aersexL: , and J uniataMerlll .
d Are Iron ; Band, Hoop, Sheet atid.Plate Iron;
ig4h.alf Oval and Half Bound Iron; Cylinder an d .
V' on Box Iron; Drag and Dropper Bare; T and
Mat Ball for void Roads; Cut Nana and. Spikes;
Platy, Spring and A B Steel' Laminated Steel; Cut =
Ser Bars, Crow Bare, de., ie.
oe
015 and Warehouseld WATIZII STREET,
Pittabargh . , .
HEFFIELD STEEL WORKS
S .'"
S ,; ADMICKTIC
PITTSBURGEL
XsOfibituors Of everi deooripti of
CAST AND cgirtmAN,STEEL,
r EtZlii 4 , 7c, 9 3' D S LATPORM SPEINGI
• • dIELF24, STEEL TIRE,
WatehOWS4 SS Water and 100-Firat St&
.
'llAtia'&VOtiahT.
AzA•
• -
GZETEAL PASTIMES: -
'WM.•lacwrcer.v,BSTlTElf MILLZB,
I
COW. W. BARR, CHAO. PARKIN.
• EPECIAL PeaTzras-8.
CRESCENT STEELNVORESI
3°l"‘Eity.lWlll4XP
Office, 339 Ltberty,St,
PITTBBIIEfiII, PA.
fel4:d4B
B LACK DIAMOND
STEEL WWW,EL.
BROTHER &CO..
anufactorera of all descriptions of
• )11:
st raita a l ta l Va i r i atioda AN I MA% 'IS 15XIXIND,
POI lid e. - 14:1`
7 - if,
FOUNDERS, MACHINISTS.
DAP FORT, PITT
FOUNDRY COMPANY.:
OFFICE Jen) WORKS,
TWELFTH STREET,
----PITTSBURGH, Pik,
car Engines, Rolling Mill Ma
chinery, Nail Machines, Retorts,
and Castings generally.
IVATIONAL FOUNDIIT
; C
AND PIPE WORKS.
ai - rner Carrell and limallman litaneta,
. . 01.14Td WanD,) . _
Pir119331311131 - 13.. PA.
St/ TH
MaauYaotiirer of
• /
OAST• TELON- BOWL PIPE,
a i r Jos DAgl AND WATEDWORDB.
My Pines are a eut,invariably in Pita, in dry
sand, and 12 feet lengths. Also, fall assortment of
lieneraleastings for Gas and Water Works.
I would also call the attention of Superintendents
of Oaa Works to my make of RETORTS.
WORKS,
. .
THOMAS N. MILLER. Preddent.
=use Works, are among the largess and moat
complete establishments la the West. and are now
Ip:upend furnish -
L. 0. LIV/IffiliTON.W. 11. BUUT.W. A. aonDreOlt, nt,
LIVING STON Si, CO.,
IRON FOUNDERS,
HANIIPACTIIIDLBS 01,
FINE LIGHT CASTINGS,
a gg a lV a 6 p itfttat reri ands t
n g tctono
ch h el i r aWorh promptly attended to. -
Mee and Worke—WASHINGITON AVENUE.
near Outer Depot, Allegheny City, Pa.
ME
2.
MOR'T'ON .TREEM, Ninth Ward
PITTSBV I W I L
Snainesoilt every deserlptiezt.
Batters, OH Total's.
Sheet Iron Work.
Railroad Castings.
11111 Castings.
Iltngiue Castings.
as Mae :Castings.
general Castings.
ORDERS SOLIOITZD
nog:ll6A
ROBINSON, REA & CO.,
successors to ROBorgOw, linos & lart.larts,
WASHINGTON WORKS.
FOUNDERS AND MACHINISTS, PITTSBURGH.
Manufacturers of Boat and Stationary Steam En
gines, Blast Engines, MS Machinery, Gearing,
niautn.g. Outings of all dascrlptions; Oil Faults an d
Sti l ls: nailer and Sheet Iron Work.
IS, corner ta
Firstandilmithfteldilttee.
s for GIFFARDIVPATENT INJECTOR for
feedlug Boilers. jalirrtd
IV[ONT BLANC FOCWDRY.
Butler' fitr ee - 4, fi r .OW l Ward,
;(oppoatte Union Iron NEU.)
: ! t ' PMEIBUIVap.
itm.
Belling Mill and Bridge Castings;
THIMBLE SKEINS AND PIPE BOXES,
MACHINERY AND CASTINGS GENE T.
Orders promptly and earefally executed.
01:110es reasonable: • ,
EBBERT &
oeLS:I23
T IIOIIIAS CALII.I.IIII & CO., \ s
Fourth Ward Foundry and Machine Works
.. BANTOUSEY BY, ALLEGHENY CITY. PA..
-Manufacturers of Steam Bugines6 011 Presses, Pul
leys, Shafting, Grist and Saw 31111_Work,_Moliing
Mill and Machlise Castings, Orate -Ears, Weights,
Wagon Boxes, ie. Build to order and have on
band. Engines of all elms. my14:01
CENTRAL FOUNDRY
AND ROLL WORKS
880 Penn Street. '
BOWIAN ) BOYD & BAGALEL
chm Molls, mu Castings, Sold ae.
IRON BROKERS.
scortrEL ai. WICHERSILM
7 7:
IRON BROKER,
124 ,, First .Street, Pittsburgh. Pa.
se' A pg n i: . , f trmit e , mifLo.r.m_ 2 ,_ang he e
end
arm ot h er Immo. of Anthracite. xonahloaneny
Ooke and O. B. Oklitneld: -
IRONS.
ininienta are seost,resweetintiv aeiieltne.
PAPER.
PIT'rSBERGIL PAPER MANE.
PACTUWINEPCOMPANT, Wallußletureru of
PRINTING AND WRAPPING . PAPERS,
CLINTQN MILL—STEUBENVILLE. 01Ito..
BRIGHTON MILL-NEW BRIGHTON, PA.
• . .
WIFICE AND WAREHOUSE, •
1i0.82 Third Street, Pittsburgh
Orricsas , -ADTIBT BABTIZ, Preitliant. 4
JNO. B. LIVINGSTON, Treasurer.
SAMUEL uIDpIA Becretary.
DIRSCTOBEI—Angr at Hartje, .To'm Atwell, B
Hartman, John B. Lt-ington.
Cash paid for Paner Stock.
FLOUR.
PEEL MILL PftMS PUB.
PEARL KILL Three Stai r Gnien Brandi equal to
FRENCit:' FAMILY • FLOUR.
Thu Moor will only oil tent out when monolith,
FEAni- - t
. , to best Hi.Loma.
B M irtelltaitio
• WarrE,COM ?O g.4 1 .4• 21 D. VOW'
PIITSBU AGlll' 1,14 ZETTP : jAIiTA.RY. 22. I.Ap9
BOILERS; - acc;
.
Cor. Point Alley and .Diquesne St.,
(NEAP. TIM goinT,)
Engi, neßuilders, Founders &31aehinists,
Manufacture STEAMBOAT ENGINES and STA
TIONARY ENGINES,"of all sizes.
Special attention invited to our. now STATION
ARY; OIL WELL ENGINE AND PORTABLE
BOILER, of 15-horse power.
'CABTINGS, of evepd_ - Mide -to order at our
Ponndri , , on THIRD% ET,
_below Market.'
BIG& for Oil We i.SHAPTING, PULLEU,
' HANGERS, HOUSE and TOBACCO SCREWS and,
IRON TOBACCO pannens, on band and made to
order, at the
- -
INDUSTRIAL WORKS,
Printing on the Allegheny River, near the roan,
..PITTSBURGH, PA.
. .
XT All orders promptly filled.' Tar 178.,
FORT PITT -
B OILER, S TILL AN D TANK
WORKS:
CARROLL'4" SNYDER,
ata.woraortraxas or
ivßErwat, DOUBLE-Fiant , D TUBULAR, MLR
BOX AND OYLINDER STEAM BOILERS.
OIL STILLS:ND OIL TANKS,
CHIMNEYS, BREECHING AND AM PANS,
SETTLING! ANS, BALT PANS AND: CON
DENSERS;
STEAM PIPES, GASOMETERS AND IRON
BRIDGES;
PRISON DOORS AND COAL 14ln:rills • •
Office and Warehouse, earner Seeond,
Third. Short and 'Abort, Streets,
MiTTSBIIRGIA. Pa.
Aar Order's sent to the above address will be
promptly attended to. tah7:l99
WM. BARNHILL & CO.,
BOILER MAKERS
AND SHEET IRON WORKERS,
NOB. AO, AA, WS AND 116 PENN 6.
Having secured a large yard and. furnished it with
the most approved machinery, we are prepared to
manufacture every description of BOILERS in the
best manner, and warranted equal to any made in
the cquntry. Chimneys, Breeching, Fire Bed.,
Steam Pipes, Locomotive Boiler., Condensers, Sal t
Pans. Tanks, Oil Stills, Nritathet,:aettling rani,
Boiler Iron Bridges , Sagas Pans, and raole mann •
fiteturers of Barnhill 's Patent Boilers.
Repairing done on the shortest notice.
palms I,K.RITER,
Noe. 55 and 56 Water Street,
PPITSIIIIBOH, PA.,
ar4rnXrAcronss or
IRON AIL ''° TANKS'
SZTTLINES PANG. COPPER STEAM PIPE,
BOLLING MILL WEACEB,
AndilMT IRON
For Steamboats.
JAE= 111. BRUSH IDDLIIND D. BRUSH.
JARED BE 1311U811 & SON,
iILA.ZIRMACTI7IIAVLEI Or
Steam Boilers, Oil Stills, Tanks.
BURET WON WORK. &0..
61 Penn Street, Pittsburgh, Pa.
NEW HARDWARE HOME.
LINDSEY, STERRIT & EUWER,
Manuterturers and Importers o
I W ALELIE,
887 LIBERTY STREET,
One Square Below .Enloe Depot,
&mats for TAilllti24l6 4 80ALM
LAKE SUPERIOR
OOPPER MISWRITING WOIXB
PITTSZIU1101:1.
PARK, IsAcCURDY & CO.,
iSanutictitrers of Sheathing. Brasiers , and Bolt
Copper, Presied Copper Bodoni*, Babied Still Bot
toms, SpelrSolder.„ Also, Impo. - *_-rs an Dealers
M 'Metal, Tilt Plate,' Sheet Iron, Wire, * c. Con-
Moistly on hand 'Firmer' . Machines aid Tbols.
Warehouse, 110. 140 FIRST STREAT and 130
STREET, Pittsburgh.
Special orders of Copper out to any desired nit
tesis•oss.,l see
LUMBER! LUMBER! LENDER.
ALEXANDER PATTERSON.
Dealer is all Rinds of Lumber.
ON RANDAND TOR !SALE
I.ooocry feet D Pine Boards;
150.0 feet 1,4 and H lnch Clear Plank;
30,00 feet Dry ISt Inca Common Plank; ,
30,000 feet Dry 1 and A lads Oak:
115,000 feet Dry 0,114 sad 3 Inch Ash,
5,000 feet Dry %; 0 %, 3 In. Cherry Rapid
' 30,000 feet Dry L lyt, Si and 3 Inch Poplar;
10,000 feet Dry Poplar klaunllnkt ..-
050,000 feet Ken:deck Jolts and Mantras:
7s 00 No. 1 18-inch Mill:isles, sawed; •
Hee 000 NO: 1111-Ineh Shingles, sawedt
40,000 1 No. 1 104ank Shingles , .eare d;
. 40,000 Tire Brick;
1,000 Tire Tile.
LOU Tons Ptre Clay;
YARD4 I -SO. 66 TREBLE STREET. fbrmer •
Manchester. and 15T REBECCA STREET, ep
siteMlO OP Work.ll.:Allekheny - 1 1110/2'po,
GALAN3:I 4 _ : STEAD:I FITTING.
Join/ ■. worts JOs. RATS: .. . . .gsggr salt.
JOHN 131. COOPER. & CO.,
BRASS FOLDERS ,
GAS AND STEAM FITTERS,
mintmettiiir. of ktrlIPS AND Blass mroftx,___o
ezeo mex i to t
i le i s k it z f u l s. m GAS FlXTUhr.gg
Cerner,of Pike and Walnut Streets,
PITT23EitiRaN
mrimrs'
F RENCH BURR MILL STONES.
French Barr Smut Machines,
THE BEST WHEAT CLEANERS IN lISE.
Ja21n06 4
Portable Ftour l\ and Feed Milts,
All numbers had beet quality. Yor sale at
319 'and 321 Liberty St., Pittabiirgh, Pa.
V
„ItEEI OIL CLOTH FOR w(N•
, VOW' HADES ,-,Wet ezepeertoituunwiertad
this - 'article . f a onautr aucertor In 9nt4b. an•l •i
4
prlcesiower than'can be had CI an _Eaiti.r. , menu
nictaterif, '.peiders,will.l%l , l4 , t,io 'At 101creat to
exaMtneolo6dd Deidtt o na b Lbierttre., „
I ' 320 ''44inarai ersitasi a
tbriin iu t '42li'
~, t i et T s t.OXu..'
.
,•:.., 7,:i r .'..1 ,<.l ts
HARDWARE.
CUTLERY, &C.
_mama orwAiliz.
PITTSBURGH.
COPPER
LUMBER.
BOLTING OLOTUS,
W. W. ''WALLAWN.
PINA2IOIAIa.
1/MNVW//nfl /1/Wll/VJ///INI~NIJJ
FORT PITT .B4NKING COMPAN',
No. 169 Wood , street.
.CAPITAL,.: : $2OOOOO.
STOCKHOLDERS' INDIVIDUALLY LIABLE.
DNA twig 7.N
GOVERNMINT SECIJIUTIES,
_ AND-"COLD. ,,
lITEREST MOWED ON lIINE 'DEPOSITS:
United Collec States and tion' saade o ana n
da.all acessalble Po)llitil %he
C.
DIRECTORS•
Hestetter, , Jae. 43 Mslutr,
James Gordon. Robt. H. E.ing,
D. Wallnce. . Andrew Miller,
Z. PlWeett,.. James M. Bailey.
SAIPL. fl
ILSON. Cashier,
D. LEFT
NATIONAL BANK 01 COBEICE,
Cor. of Wood and Sixth Sta.
A. PATTER5021..........,:. President.
JOS. IL HILL
OAPITA.L, : $500,000.
DIII3ICTORS:
George W. CUB.
James McCand/ess,
WWm. m: Douglas,
MW.
A. Patterson,
Wm. H. Brown,
Chas. Lokb art,
Allen Ktatrich.
W.B. Haven,
Bacot - mu; DAIL
11ART, CAUGHEIf be C0.,-
BANKERS AND BROKERS,
Corner Third and Woad Streets,
. .
• -
031:10CEMOR 8 TO HANNA, HARTS CO ? )
DZILI3IB Ix
Exchange, Coin, Coupons,
And particalar attention' paid to he Datchase and
wile of
COVERNMENT BONDS,
•
SightDrarts on London.m ,
y1:02
HOSAIES Ss SONS,
33242 4 . 14 73 2 E—1MELEg0,
• . .
57 Market Street,
1nri"ra1f333 , 1111.43 1 1 - 1. PA. .
. , .
Collections made on all the principal points of the
United ntates and Canadas.
Stocks, Bonds and other Securities
BOUGHT AND BOLD ON 003INDMION.
Particular attention paid to the purchase sad
sale of
United States Securities..
ja3o:al
pirrs BURGH V •
BANK FGR SAVINGS,
FORMERLY TUT DIME SAVINGS INSTITUTION
No. 67 Fourth Street.
NZAILLT OPPOSITE THE SAXE°, PITTSBURGH.
.
CHARTERED IN 1862.
OPEN DAILY from 9 to 4 Welock, and on WED
NESDAY and SA'ILTBDAY EVENINGS, from May
Ist to November let: from T' to 9 o'clock, and from
November Ist to May let, 6 to 8 o'clock.
Books of By-Laws, &c. furnished at the office. -
This institution especially offer to those whose
earnings are limited, the opportunity to accumulate,
by small deposits, easily saved, a sum which will be
a
stead resoure
of reemainilthenng un n eeded, anve
d bearing interest In.
producti.
BOARD OF MANAGERS:
• -
PRESIDENT.
. GEORGE, A. BERRY.
VICE PRESIDENTR.
S. H. HARTMAN, JAMES PARE, JR.
SECRETARY LED TREASURER,
D. E. McKIN_LEY.
BRADLEY, . • INLMICE.
A. 8. BELL, RAHN,
_-
JOHN S. DILWORTH. JOSHUA RHODES,
G. FOLLANSBEE, 7.OIIN.SD_OTT•
JAB. L. GICAFIAM; ' It. C. SCHMERTZ,
CHRIOTOPIIER ZUG.
SoLiciTons — D. W. A A. - S. BELL. mhl4:vllp
OILS.
ECLIPSE PETROLEUM REFINERY
HERBERT Wi C. TVI'EDDLE,
MANI3PACTUREtt OP
Lubricating and High Test Burning Oils.
lipte Railroad Axle Oil. -
• Stands great heat w Ithow. change; remains
limpid at lowest temperature s. special UU for
tropical climates or hot weather.
m o n o '. Loco Engine, Macbine Shop,
Screws.
Saw Milled for and
high s Plani
peed.ng Mill 011 s,
Adapt
Spindle 011, WeoliileMl4.lltht Oil,
00, Tanners' StniVittenaole ,
11
inparinishingo„ emsoline,
Beefless Olt - Portalnike.
AUDIOS VASNISS. -,Pttserve - . - 13t1vbf Ir9l
Wert and Machinery from Russ.
. These pro ;sets are manufactured ender-Dr. ?wed
die's ptlent tur +superheats. Steam In Vsecuo. The
Lubricating Oils are islinost odorlese,. perfectly purr,
uniform, and, mostly; lutltt colored. -stand, a high
temperature unchanged. and remain limpid during
extreme cold. The Itabroad 01. s are unequalled '
,
and are 1U constant use on asavy of the principal
Railroads. Sarantes can be examined and orders
left at 124
:WOOD_' STEET, Works at Sharps—
burg Bridge R
WARIND AND KING,
CoapasAtop Xtrelyiatt and Brokers to
PetrfdeAniiiiid itfiPl'o4ll : o.
DALZELL'S BUILDING, DUQUESNE WAY,
prrrpsusear; P4l .
runammitiiptimus ,
' T
"'{HARING, KING & CO., •
' 127 Wituoit
TACK BROTHERS,
.COMML.ssION. MgIiCHANTS
ANp DILALIERS IN
Petroleum and its Products.
Plitaburith Uffloe—D.A.L 7 ALL' SUXRPtie , ear
ner of Ituijuisne Wiy suit - Irwin itrbeti.
PlitUidelpfds Office-151 WALNUT tvr. • '
• • uwio
LONG & 4COe, ' •
" 1 " 611 ktANIITACTIMERIS or
PURE WHIG BURNING . on,
Brand— , i.L'UtATlPEß.P°
Once, Re. 2 Duquesne Way, Plitsburgb.
WINES. LIQUORS, &O
JOSEPH S. FINCH a; • z
,t .1
Nos. 185. 147, IMO; 791; I$S 'and ,195. •
FiSNT laTitirV4
MAXIIT.A CTU VIGILS GIP
.mapper' instilled Pcrt Byt Whthkey.`
£l3O, desiefoltl4liEgililtatigliiio l4l3oll3,
HOPS. *a ailmals
.t 4.; 1 , 1;•:1 ; ! It=
CENTRAL -AND ENION
PACIFIC RAILWAY BONDS,,
The cheapest inve s tment now In the-market for
sale by
IE 3 9E3E. r.IVILIFARLICZ9
Corner FIFTH AVENTIE ft WOOD STREETS.
Also, dealer In Government Bonds. Gold and
Coupons and European Exchange.at market rates.
deal
lA/lit - 8 T. BRAikirti . Coy
(Bneeemors to B. JONES'S C 0..)
Corner Fourth and Wood Sts.,
Xit lE. 3M 3EL.tak 7
BUY AND SELL ALL KINDS OP
. _
GOVERNMENT SECURITIES,
UOLD, SILVER AND COUPONS,
ON. MOST FAVORABLE TEEMS.
1 Merest Allowed on Deposits.
W Money loaned on Government Bonds at low
est market rates.
Orders executed for the Purchase and
Salle of STOOKS• BONDS and GOLD.
JAMES T. BRADY .& CO.
LVBRAN. Frain.
T. AT U A. M .
_ ar9:013
rgr PARTIES DESIRING-TO IN.
CIVIC BONDS
lug before DI c i a n n tl sa N v l e O S i ne A :e p riT C ..lV A pil ' re=
JANVARY let.
Bonds on hand for delivery.
JAMES T. BRADY & CO.,
Agents Central and Unlan Pacific Railroad corn.
nice, corner Fourth and. Wood streets. dtB:bl3-
;tit IMsbutdc Gairtts.
FINANCE AND TRADE,
•
Qi xcm or Tria.Pirrssurtin GazErrs, t
Tsußsnex,i January 2 1 , 18 6 8 . S
The gold market has been quiet and
dull with a limitedlitesitiesiehe boll party
in stocks made an i attempt to bid up the
market but failed. Money being more
active speculators ale afraid to buy at piles.:
ent for higher quotations. It is even as
serted that an attempt will be to depress
the market belOw what it ranged at the
beginning of the month, and operators for
a deeline in stocks favor the scheme.
Government b(Mds, although a friction'
lower early in the day, are firm, and have
advanced about 54 per cent. at the close.
The investment demand is light and con
fined to small parcels, but large speculators
keek aloof, the market being too high to
leave any margin for a profitable turn, the
more so as we may any day except a panic
In stocks, which wotild carry down bonds
and gold alike.
Railroad shares are more dealt in for
the clique stocks, especially Cleveland and
Fort Wayne, in which the Erie party has
the controlling interest, and is likely to
run up the stock much higher to suit their
favorite scheme of declaring stock divi
dends. The balance of the list is dull and
somewhat lower. Local stocks are more
freely offered at concessions.
Money frOm 8 'to 12 per cent 4 with a dull
business.
- -
Quotations as received by Ph. R. Mertz;
Gold, 13565; Silver, 130; Eighty-one's,
112%; Five Twenties, 1882, 113; do 1864,
109%; do 1865, 110; do 1883, Consols, 108%;
do 1867, 108%; do 18/38, 103%; Ten Forties,
107%; New York Central, 164%; Erie, 28gi
Reading; 95g: Pittsburgh, Fort Wayne &
Chicago Railroad, 123%; Ohio. tt
Missis
sippi, 33%; Michigan Southern, 92%;
Cleveland ez Pittsburgh, 92;5a Chicago. &
Rock Island, 130%; Chicago & Norti West
ern, 813,; do Preferred, 86; Western
Union Telegraph Company, 36%; Pacific
Mail,. 118%;, Adam!' Rzpress, 49g: Mer
chants, 1735; Gregory, 3,65; Quartz Hill, 68;
Smith and Parmele, 2,65.
-The Chicago Tribune, of Wednesday,
says: The demand for moneyin the local
market continues active, but is 'freely met
by the banks who are accommodating
their regular customers with pretty much
all they ask for. There is considerable
"one name paper" afloat, the holders of
which—having no claims on any bank—
are selling thrOugb brokers at from 13% to
0 2 per cent. per month discount. These,
however, are not a lair index of .the mar
, ket which seems to be gradually growing
easier. Merchants seem to he getting into
easier 'circumstances for money from im
proved' collections in the country, and de
posits to mercantile account!' are now occur
ring. • •
•-Cloeing quotations reed:fed:by, James
T. Brady tt. Co.: Gold, 13535; United
Mato!! Sizes, 1881's, 112%; 5-20's; 1862,
113; 6-20's, 1864, 109 1 4; - 8.20'5; 1865,
110; 10-40's, 107%; &Ws, January and
July, 1 65,408%; 5-20's, January and July,
'67 108%; '6B, 108%; Juno 7-30's ' par less %;
July 7-30's, do % ; .7-30's, due Compounds,
119.
PITTSBURGH PETROLEUM MARKET.
OPTICS OP THE PITTBURGH GAZETTE,
THURSDAY, January 21 18E9., ,
Thre are some - very important points
connec t ed with the oil business, which it is
well not to lose sight of, as on these, to a
great exti3iiti hinge The filture Of the Mar
ket. Among the most prominent may be
noted pmdaction, stoCks, and demand. In
regard to production it is•generally conce
ded that it is , holding its own remarkably
well, is thrrabience of any of those "big
strikes" which used to be of so common, oc
nurrende;,- and particularly at this season of
the year. According 'to the , latest and
most reliable advices, the average produc
tion of all the wells in the Venango regions
is about ten thousand barrels per day,
which,, we believe, is fully hp to the pro-
duction at the same time in, 1888. And more
than this the comparatively , high prices
which have prevailed for some time past
have resuscitated and stimulated develop
ment, so that the number of new wells be
ing put, down, it is said, is almost unprece
dented in the history of the trade. 'Further
thin this; the old,terrltOrY:Will not only be
more fully and completely , developed, but
the spirit of . speculation will bring new
terriMrrinto market; and who inutile - Oat
what a'second "Pit Hole," "Siamhtirg,"
"Pleasantville,'" or "bherry. Rim" - may be.
ffitilioVeredi , It lipost4bl4 , lll47Wollo
the fametta "blaplePhade," "Sherman" or
or "'Grant, * producing their 800 to 1,500 bbls
per day, may be tapped. though it must be
confessed that we have not had any strikes • .
like these for some time.
In regard to stocks there is a great diver- -
sity of opinion, and while it is said that
figures won't Me, we have, seen enough of
them on this point to satisfy almost any
one that if they won't lie, they at least don't
hang together. for instance, it has been
stated recently that the stocks in the world, -
on the first of 1869, were one million barrels. i .
less than at the first of 1868, while, on the ,
other hand, it has been figured, up that the
stock on hand now is fully up to what it I
was at this tinie last year; Here is a dis
crepancy
of a million of barrels, nearly
equal to one third of the year's production,
and haw be it to be - reconciled? There Is
evidently an error here, one of pretty re
sPectable dimensions, and the question is, j •
who is at fault,' 'and how is it to be ex
plained? It has been figured up; one stn- •
tistician makes out a deficiency ofa million
of barrels, while another brings about
quite a different result, We not claim to
De sufficiently postecito correct the error,
or to explain the why or wherefore, but it
does strike us that' a million of barrels of
oil short is almpit to big a thing to be passed I ' 1
by quietly, and be accepted as a fact and I
this is the view taken of the matter by he
trade here generally. N . the same time,
we do not wish to be understood as endors
ing the statement that tue stocks now are
as large as they,, were one year ago; as on
the contrail it is generally Conceded, that
such is not the.case. The great difiluity in
getting at the point in 'question, lies in the
fact that there are no full, satisfactory and
reliable statistics, by which to determine,
with any degree of accuracy, the, stocks on •
hand; and while we admit that there are,
some places *here the records of receipts
and shipments can and have been kept cor
rectly, there are 'others, where they have
not, so that In order to make out a full
statement, the statistician in coMpiling his
figures has, in many cases, to estimate or
guess at it astbest he can., It is an old say
ing that extremes generally meet, and in
no case has this been more fully proven
than in the wild figuring _that has been
done in regard to the, stock Of oil.
Now, in regard. to the _ demand, there is •
not much diversity opinion, as it is uni
versally
conceded that it is constantly in
creasing, ; The shipments to foreign mar- :
kets in 1888 Were 'unprecedented in the his- •
tory of-the trade, being nearly double, ave
believe,-Whatthey were in 1867;aind if the
present can be, taken as a criterion of the
future, it is probable that the consumption
of oil in 1869r - rill:be much lamer than it
was in 1868: New markets are being opened
up every year, and, in consegnence, of its
cheapness; there is no Other article that :
can successfully compete with it. Of :
course, if the price becomes too much in
flated,
so that it will cost 'more than other
articles of a kindred use, the-slemand will
diminish, and then, as a cmsequence, ,
prices will go back. And right here comes
another very important point, and, that is
whether there will-be a corresponding'in
crease in theprodintion to keep pace with
the increasing demand. While it is prob
able that there will be an increased pro- ,
duction in the spring 'and summer, it is
as certain, as anything- cn be that there :
will be an increased demand, and this one
1
thing tends very much t stiffen the mar
ket andatimulate prices. --- '
All of the operations f the past two
months have been made 'with an expects-
tion of higher prices this year than last,
and the latf months are now worth con-
1
siderably twee than the arlier ones. IsTot-
withstanding oil is comps atively fear it is
i
still cheap, and• at pre.sen prices, there is
nothing that can succeasfu ly compete with :
it. It may go
,still
,high r,. as likely it 1
vrill,'ltuleas there is a- very Material in
creased production. As already intimated, . •
it is generally _expected that there will be "..
an increased production In the spine and
summer, but it is not believed that the-in-
crease in this.particular will come up to the
increase in the demand. •
—lt was believed ramie time since that the
aborts were pretty well I rovered pp and'
had quit buying. It no appears, lbor-
ever, that such is not the case. The great
bulk of the oil sold- within the last few
days, it is alleged, haa b4n taker4 - by the rf
"shorts." It vrould appear. also that spec
ulators
were not the °nil parties short, as
exporters, too, have been ,rying their hand
at it, but with no better at ci i.;
, :eas. They sold
short some two or three months since for
January delivery, and a consequence
are obliged to go on the larket sow and
buy iu order to fill the; maturing con-
l
i
tracts, and the •diffartnce between what
they sold at and What thy will now have .:
to buy at, is considerable. Heretofore. ex
porters, it was supposed, d not speculate,
but did a legitimate business, but they, too,
it would seem to have been indulging a lit
tie,
and thus far. their experience, if re-
ports are true, has neither been pleasantt or
profitable. - The great trouble with he
oshorta" is that they over done it—sold too
e i s
much of what they did n t have, calcula-
tins that the market wo Id re-act in their
favor. They placed th elves in such a
position, that the “balls" were able to take ..:
advantage of them, and t us far they have
done it and that, too, pretty effectually. '
There was again a very strong and , ex
cited market - to-dayi . nudovbkie compared
with yesterday, there 'has been no very
marked change in prices, the tendency la
still upward. aid buyers are , still found,
notwithstanding the steady advance, : The
sales reported were as tbllows:
1000 bbls, all year, seller, (40 to 46)... 15140
/000 " next 30 days, seller 17c
2000 " February, seller 17c
1000 " first 4 months, seller 17c _
2000 " first 6 months, seller 163ic
REFINED
The market for Refined, also, continues
strong and tending upward, with Consider
able inquiry, both for present and future
delivery. The first six months, however,
seem to be the most inquired for, though :
there is but little difficulty experienced
in finding buyers for any:month, and that,
too, et full prices. In addition to the sales
reported, there were offers to buy February
at 35 1 %,c, and February to June at 35 0 .
bb
500 ls, first half May, seller.37c
600 " first - half of June,
seller 37c
500 "' each January to March 350 , 1
1 . 500 41 eacn April to December 383
1000 " each Biarch anffApril 36X'c
swarms or coitus oil..
LoOltbart&:FT.:ii o7 1 .I.l4.l.leiFuTcheon 160
W. MoCutcheon 100 Fisher ,t Bro 60 1 )
P.Weisenberger 80 •
Total , ' 1 .,, . . -....
OIL SHIPPED HA ST Et A. V. S. R.
Barbour & McElwain, 50 bbls refined to
W. King, Philadelphia. '
__
Braun & Wagner, 100 do do to Waring.
King & Co., Philadelphia.
Nat. Ref. Co., 50 do do to F. A. Dilworth
& Co., Philadelphia. _
• , McKee; Hackett &Co., 448 do do to W. P.
Logan & Bro.; Philadelphia. i ' •
n's P. Weisenberger & Co., 48 do dri to Wax
den. Frew44.,Co.4RllllsdelpbLa. ,
Total thiPinente Relined ........... 691
.
.1, .
Il
.1420