The Pittsburgh gazette. (Pittsburgh, Pa.) 1866-1877, February 26, 1869, Image 6

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    12
STEEL 'WOMB.
DUQUESNE WORKS, 1
.. . ..,
_ . .
COLEMAN RAIIM &£0
P - IS
i Manufacturers of
. _
IRON, NAILS, STEEL,
AXLEAND SPRINCS,
Duquesne Ir , Sheet and Tank Iron, Juniata
"Iron, Wagon bx. Iron, Charcoal Iron , Cylinder
Iron; %Lir° . Flanged Cutter Bars, Guard Iron.
Drag and .Dr Doer Bars, T Rail for Coal Ronde,
Iron Wedges Flat Rail for Coal Roads. Boiler
Iron, Crow a re , Chain Links. Boller Heads.
Steel, and Iro Barrow Teeth, Carriage, Wagon,
Seat and Cos Springs, and Axles, a ll styles:
udSteel forTiows, Cultivator Steel. Steel Wings
Moulds cut to psttern. fi,.ring • steel all
&dem A. B. Steel and Steel Tire, Steel Cro wßars ,
Steel Shafting. JR. " •
ALL. GOODS FIRSTTED. CLAtill AND WARMAN.
• •
inrOflices and Works 10th street and Alle
gheny river and 71 WATER STREET. PM:eV uts
burgh.
GODELFROY BRANCKER & CO.,
42 Exchange Place, New York,
•
Are prepared, as Sole Agents in the United
States for the Prussian Mining and Iron Com
' ' Daily of Duisburg, Westphalia, to contract or
sell in quantities to snit purchasers, (delivered in
ither New York or rhiladel olds, ) the celebrated
•
V. G. SPIEGELEISEN
Used so extensively for the manufacturing of
BESSEMER STEEL:
This Iron is free from Sulpur and PhOsphorns,
and contains a heavy per ten , age of Manganese.
Full particulars, samples, prices or chemical
analysis will be promptly forwarded on apnlica
salon. laSO:dit
SHEFFIFJA) STEEL WORKS.
SINGER, .NIMICK. & C 0.,.
- PITTSBURGH. PA..
spatortotorere or every description or
CAST .ANI) GERMAN STEEL,
SPJINGS,
BLLL, • •.{ ANT/PLATFORM SPRINGS, •
AXLES, STEEL TIRE, ft., AO
Warehouse, 83 Water and 100 Brit Rs.
ht . MILLER, BARR & PARKIN•
GRIMMAL PA8.M.1113:
WA. METCALF, REUBEN MILLER,
GEO. W. BARR, I CHAS• pARRIN.
BPS.CLILL PAHrSZE - 8. M. KIER.
CICESCENT STEEL WORKS,
JUILER, BARR & PARKLN,
pace, No.-339 Liberty St,
PITTSBURGH, PA.
bii4:s4B
BLACK DIAMOND
STEEL WORKS.
PARK, BROTHER & CO.,
Mannfacturers of all descriptions of
ssrr3o3=c.i..
On d
ad
a W ndl h % n FLß S I%O TR 2 E%E.TISSI,4BECOND
' IRON WORKS.
IA S. V TP.NXII, Preet
pITTSBIIIIGH ;FORGE
AND IRON
Id.e.:rue.scTirazas 07
Bar Iron;
Railroad Fish Bars and Bolts;
Railroad Car Axles Rolled;
Railroad Car Axles BEamnlefpd;
Locomotive Frames;
locomotive Frame Shapes;
Side Rods:
Yokes, Straps;
Piston Reads;
Steamboat Shafts;
Steamboat Cranks;
• IPlston Rods, Wrists;
Pitman Jaws, Collars, dte. 1
02b)e, Ed; 177 PENN STREET,
PITTSBURGH, PA
IILEESESEN L PROCESS.
The Trustees ate now 'prepared to gratitlicen
ses for the use of the ELLER/MAUS/a{ FRO'
OESB. •
The superior quality . imparted to good Iron,
the great improvement In inferior iron. and the
reduced cost, commend It to als manufacturers of
Parties wtshtng to use it can obtain Ilee;nses by
al/Miring _
JAMES P. SPEER-,
Attorney for the trustees,
OFFICE, 860
..Parties Interested ire invited to That the
oguirattEßGElt WORKS. where the process Is
now laraccesstul operation. fe8:411.7
EPSON, PRESTON & CO.,
POnsvlvania Iron W 01103:
Nos.- 166 - 1110167
ST'S"t. o r ,sotae Blot:tongaims ,
11,DZEd6 t; PlTTSBujunt.
WORKS.
pITTSBIIIIGH
NOVELTY WORKS.
Founded A. D. 1833 1
ADAMS, M'ICEE di CO.
.4AsurAcitraze.s 07
KEYSTONE ST - ANDARD.)SLAIREANE 8 PAT
ENT) PLATFORM AND tiOURTER
SCALES.
Janis Paced Patent-Door Locks and Lattacii•
Paint and Conte its, .Ac, •
(lOU= OF ESSTAVIiiing!& GFAST ST&
Pittsburg , * Penn*
te rT:JEVp 4.10 rfre 6 taligialeil
JOHN N. 000P1II JOS. ISMIII....11:1004 BIZ&
JOUN M. COOPER
.& QO., _
BRASS romsrimm
fin AND STEAM 'FITTERS,
zanntacturers of PUMPS AND BRASSWOES. caggyr i miptt:nf i e t t in terLin E!AN irgalikum
,
Cer. of Tike and Wand Streets,
PITTSBURGU.
FOUNDERS, MACEMISTS.
KNAP FORT PITT
FOUNDRY COMPANY.
OFFICE AND WORKS,
TWELFTH STREET,
PITTSBURGH, PA.
Ir'Engines, Rolling inn m a .,
chinery, Nail Machines, Re
torts, and Castings generally.
NATIONAL FOUNDRY
AND PIPE WORKS.
Corner Carroll and Smallman Streets,
(NINTH WARD,)
vrialsituniart. PA.
WILLIAM SMITH,
Manufacturer of
•
OAST IRON BOWL PIPE
FOR 01613 AND WATER WORKS.
)
My Pines are all cast invariablyin Pits, in dry
sand. and 151 feet lengths. Also, full assortment
of general
- Castings for Gas and Water l Works.
I would also call the attention all Superintend •
ents of Gas Worts to my . make of RETORTS. .
ATLAS WORKS, , !
MORTON STREET, Ninth Ward,
THOMAS N. MILLER.
•
These Works are amonit the
complete establishments In th e
now preparld to furnish,
Engines, of even des
Boilers, Oil Taitku.
Sheet Iron Work.
Railroad Castings.
Boning Kill Castingsl"
general Castings.
ORDERS SOLICIT
n09:1319
ROBEIifiON, REA tit CO.,
Successors to Itosmsov, Ms & Moans,
WASHINGTON WORKS,'
FOUNDERS AND MACHINISTS, PITTSBURGH,
Manufacturers of Boat and Stationary Steam
En
let f ngin l n3l % 7,6 Shafting taeings:Paldes Oil
and Mt .. t . -
Boller and Sheet Iron Work.
Office, No. la, corner First and Smithfield
Streets.
Agents for OIFFARD'S PATENT INJECTOR
for seeding Boilers. jail :r52
PlTTSlttllgli.
MO NT BLANC FOUNDRY.
Butler Strad, Ninth Ward,
W. P. rotaxn, Sup't.
Bolling Mill and Bridge Castings,
THIMBLE SKEINS AND PIPE BOXES,
kr/Loammix AND CASTINGS GENERALLY.
Orders promptly and carefully executed.
Charges reasonable.
ERNEST it ILCHLIND.
oc15:128
THOMAS CABLIN dt, CO.
Fourth Ward Foundry and Machine Works,
SANDI:MKT ST., ALLEGHENY CITY, Pg.,
lanufactnrers ()f Steam Engines, Oil Presses,
Ptuleya, Shafting, Grist and Saw Mill Work,
Bolling Mill and Machine Cnatings, Orate Ban,
Weights, Wagon Boxes, &e. Bulld to order and
have on hand Engines of all sizes. myl4:qs
CENTRAL FOUNDRY •
AND ROLL WORKS
SSO Perm Street.
BOLLIAN, BOYD & BACIALLFL
NM Castings, 801 l Lathes, Esc.
Lum" Eli! LUMBER!!
ALEILANEER PATTERSON.
Dealetto alll - Kinds of Lumber.
- - ON HAND AND FOR SALE :
1 000,000 feet Dry rune Boards;
150,000 feet 1% and 0 inch Clear Flank;
30,000 feet Dry 1) Inc* Common Flank;
30,000 feet Dry 1 and 51 limn Oak;
145,000 feetllry 2,03 i and 3 Inch Ash,
. • 5,000 ft. Dry 2,•4%, a in. Cherry /Maple,
30,000 ft. Dry 1, Ih, Si and 3 inch Poplar:
10,000 feet Dry Poplar Scantling;
250,000 feet Hemlock Joists and Scanting!
'150,000 N. 1 18-Inch Shingles, sawed;
050.0• No. 110-Inch Shingles, sawed;
40,000 o 110 - inch Shingles, sassed;
40,000 Fire Brick;
1,000 Fire Tile.
y YAIDe—N O 50F1BBE ;
S .
TREET. formerly
Manchester nd 157 REBECCA STREET appp
aite the bas - orke, Allegheny City. • 'non
PrrTfS33
Engine Castings*
Iffaehine Castings.
(Opposite Vision Iron little.
LUMBER.
'ON atOKERS.
SAItIII
M. WICIMUSUAIII)
N BROKER,
I=
Street, Pittabli, Pa.
e Bale of Cornwall, Deughaniore
al
ahella,Duncannontanholie, Glen
r branda of Anthracite, Xonshio
nd 0. B. Charcoal.
Agent for t
Josephine, I
don, and oth
gheny (Joke
PIG IRONS.
to ate moat reenentfttly Noltiluvi
COPPER.
LAKE z: I • ElllOll. _
tOPPEIL II AND SIDILTEITG VORIS
P SElVlCalealt.
VAR ; McCURDY & CO.,
inanity:nun of Sheathing, Brasiers* and Bolt
00PPeriPree ed Copper Bollol3lll,ltaised Still Bot
toms, fip_elte Bolder. Also, Impoe,ors and Deal
-en atMetal; Tin Plate, sheet Iron, Wire to.
Con itantly orihand Tinnere , Machines and Tool..
Warehouses No. 140 FIRST EiTILEsT and DAY
ISCOND STBEET,_ Pittsburgh. •
Breda! orders or Copper cut to any desired pg.
ten:. msli•e34:ditT
PITTSBURGH GAZETTE : FRIDA FEBRUARY 26, 1:669.
ENGINES, BOILERS, &o.
HUGH L BOLE & CO.,
Cor. Point Alley and Duquesne St.,
(NELE THE rorvT,)
Engine Builders, _Founders and
Machinists.
Manufacture STEAMBOAT ENGINES and STA
TIONARY ENQIINES, of all sizes.
Special attention Invited to our new STATION
ARY OIL WELL ENGINE AND PORTABLE
BOILER, of 15-horseipower.
CASTINGS, of every Irlnd, made to orderatour
Foundry, on THIRD STREET, below Market.
RIGS for Oil Wells, SHAFTING, PULLEYS,
HANGERS) HOUSE and TOBACCO SCREWS and,
IRON TOBACCO FREEZES, on hand and made to
order, at the
INDUSTRIAL WORKS,
Fronting on the Allegheny River, near the Point s
PITTIIiMpaH, PA. •
air All orders promptly tilled. 'TRY nett
FORT PITT
BOILER, STILL AND TANK
CARROLL & SNYDER,
TUBULAR, DOUBLE-FLUED TUBULAR,
FIRE-BOX AND CYLINDER STEAM BOIL
ERS. -
OIL STILLS AND OIL TANKS,
CHIMNEYS, BREECHING AND ASH PANS,
SETTLING PANS, SALT PANS AND CON
DENSERS;
STEAM PIPES, ,GASOMETERS AND IRON
BRIDGES; '
BISON DOOBS AND COAL SHIITES
01114 e and Warehouse; corner Second,
Third. Short and Liberty Streets,
PITTSBURGH, -Pa.
zar Orders sent to the above address will be
promptly attended to. mh7189
WM. & CO.,
_
BOILER MAKERS
AND SHEET IRON WORKERS,
NOB. 19, MI; 514 AND Sle PENN ST.
Having secured a large yard and furnished It
wius the most approved machinery we are pre
pared to manufleture every description of BOIL
ERS In the best manlier, and warranted equal to
any made in the country. Chimneys Breeching,
Fire Beds, Steam Pipes, Locomotive -Boilers,
Condensers, Salt Fans, Tanks, 011 -Stills, Agita
tors, Settling Pans, Boiler Iron, Bridges, Sugar
Pans, and sole mann fs.cturtrs of Barnhill , s Pat
ent Boilers.
Belittling done on shortest notice. 115:c2I
etident.
gest and most
West. and are
JAMES 11. RITER,
Ziot. 55 and 56 Water Street,
enTssußon, PA.,
YA-MVPACTIThiIi 07
IRON OIL TANKS,
EXTTLD7O PANES, COPPRRSTRAII ME,
ROLLING MILL STACKS,
And SHEET IRON WORE,
For Steamboats.
piitm
7.1.11ZD 14 BRUSH-, • ....ZDMTIND D. BRUSH
JARED M. BRUSH bz SON,
YANC7ACTVIIZIIB
Steam Boilers, Oil Stills, Tanks
SECRET IRON WORE, &O.
61 Penn Street, _Pittsburgh, Pa.
STOVES, CASTINGS, &o
THE BEST STOVES.
A. BRADLEY & CO.
klanalhetarers of the greatest'variety of
Cook, Parlor and Heating Staves,
TO BE POUND. IN TEE STATE.
Sole Agents forihe celebrated Muse Burning
Oriental Stes and Furnaces for Hard Coal or
Coke. Best I nthe World for Yarlor.Offices Store or
Church. Fire needs no rekludllng—burns all whi
te!. Do not b ty until you see or send for Circular.
PITTI3.I3IJBOR.
No. 30 WOOD STREET.
Oar Agents for Orientals—DE SAILER BROS.,
Smithfield St.; GEO. HURLEY( Allegheny City.
, , n CO,,
GRAFF 11,111110
5
ICANBFACTUBIMS or rrzur VeitisTY OP
ES I T I CrinneV
BOSTON- COOKING RANGE,
"THE FIERY FURNACE,"
FOR WArimING BuILDINGI,
THE NEW ANTI-DUST COOKING STOVE,
''REOULATOB.." COLUMBIA COOK swig,
AVM
REFbECTOB., GRATES, free from Wind dust;
GRATE FRO NTS. FENDERS, ie.
206 and 208 Liberty Street,
i1e25717 riTTSBURGH, PA.
•
0001 i STOVES.
CET THE BEST.
BISSELL! , dit c 0 . 98
TRIUMPH,
FOR BITUMINO US COAL.
Warranted to Cook Bake or Boast as
well as any other Stove in the Union.
BISSELL &
No. 235 'Libertv'Street.
£.1.0 on kand and for sale,
PLELOR STOVES, 6 • -
IIEATIoNAtraIiTBA VENDERS.
00011.110+ RANO ICS.
cm!: co i tuts
DICKSON, STEWART & CO.,
Having removed their °Moe to
NO. 567 LIBERTY A3TREET,
i th owat om me e r rs ket ie p ft ri x .
'Lately City Flour mui.)BEcorm ELo9B
kre new Prepared to furnish good YOUGHIO
GHENY LUraP, NUT 00AI4 OBBIAAOKI at the
their °Mae, or attended to
ete thronti the mail, will be attended to
Promptly. • •
WEST COMMON •
Machine Stone Work's,
Northwest corner of West Common, Alleg az4.
PURIM VP VATIZR &:00r
Have on hand Or prepare ou short notice Hearth
and Btep Stones,-Flags ter Sidewalks, Brewer?
Veldts, am. Head and Tomb [Stones, its.
Orders Promptly executed. Prices reasonable
WORKS•
ItANITTACTI7II3II.B Ot
COAL` AND coKE.
STONE.
FINANCL&L.
'ORT PITT RANKIN
N 0.169 Wood Street.
CAPITAL, : : : : : $200,000.
STOCKHOLDERS INDIVIDUALLY LIABLE.
DZA-1,1038 IN
GOVERNMF;NT SECURITIES
AND COLD. .
INTEREST ALLOWED OM TIAIE.DEPOSITS.
the United Collectio States and Canadas.ns made on all accessible points in
DIRECTORS: .
Jno. 0 Risher,
Robt. H. E:ng,
• Andrew Miller.
Je.mes M. Bade/.
1). Hostetter,
James Gordon,
D. WaDuce,
Z. Fawcett,
, LiBECA.N. Pses't.
BAWL. No
ILSON. Cashier.
D. LEI= W
NATIONAL BANk COMMERCE,
Cor. of WoOd and Sixth Sta.
A. PATTERSON •....
JOB. H. HILL
CAPITAL; : :: $500,000.
DIRECTORS:
tieorge W. Om,
It H. Palmer.
Wm. Douglas,"
Wm. Seed.
A. 'Patterson, .
Wm. H. Brown,
Chas. Lockhart, '
Dan. R. Davidson,
W. B. Haven.
AT 11 A. M.
DISCOUNTS DAIL
aVino22
HART, CsaasEY &
BANKERS AND BROKERS, -
Corner Third and Woad Street',
• Pri-rsiiimiGaz,
usucopsoas TO HANNA, HART $ C 0..)
DMSLXIII3
Exchange, Ckin, Coupons,
And particular atten a tion e paid to the purchase
sae slol
GOVERNMENT BONDS.
Sight Drafts on LOndon.
mpalsr.
HOLMES & SONS,
N.
MBALM.33G-IMFLeS,
57 Market Street,
rkr•r-rs - 3vitoix, .PEL
Collections made on all the principal pointa of
the United Litates and Canadas.
Stocks,Bonds and other Securities
BOUGHT AND t3OLD ON 001iimPB1024.
Particular attention paid to the pnrchaia and
sale of
'United States Securities.
Ja3o:sl
SIVINGS BANK,
After the First of March Neal,
mill be closed on
WEDNESDAY EVENINGS,
And open daily from 9 o'clock A. NT. to 3 o'clock
P. at., and on
Saturday Evenings.
fel9:e6s .
OILS.
ECLIPSE PETROLEUM REFINERY.
HERBERT W. C. TWEDDLE,
MANZFACT OMER Or
Lubricating 8c High Test Burning Oils.
Eclipse Raileoad Axle 011.
Stands greet beat without change; remains
limpid at lowest temperatures. Special Oil for
tropical climates or hot weather.
Locomotive, Engine, Machine Shop,
IVI.I cut Screws.
Sew Mill and Planing Mill 01ls,
Adapted for high speed.
Spindle 011, Wool 'llead.Llght 011,
Oil, Ihinnecie‘ Stuff.; lieloole,
ins. de
'Lerner& Oil 'Parrett/no.
ARMOR VARNISH, to preserve Bright Iron
Work and Machinery from snot.
These products are manufactured under Dr.
Tweddlese !latent by !Superheated Steam In Vac
cno. The Lubricating 011 s are almost odorless,
perfectly pure. uniform, and mostly light col
ored, stapd *high ternperature unchange(L an d .
remain limpid during extreme cold. TbeallrOact
Otis are 'unequalled, and are In constant use on
many of the principal Railroads. Samples can
bT R e E x EamTi n W o-
reknsd
aor S d h r rpsbu rgBrMidgWOOD
WAG AND NANG,
(Jouandeidon Merchants and Broken In
Petroleum and its Products,
DALZELL'S BUILDING, DUQUESNE WAY,
PITTSMNIGII, PA.
PHILADELPHIA ADDRESS,
WARING, KING & CO.,
TAGS BROTHERS,
COMMISSION MERCHANTS,
AND DEALIIBB
Petroleum and Its Products,
00 / At b 0111411.V. A ;1 1 War i tir ie
Phlladelphls office—lSM WALNUT BT.
api:w9o
DIAMOND OIL WORKS,
H. M. I.ON - C & CO.,
coca, raLzzu. BUILDING,
f e n , :Daquatte Wan Pittsburgh, Pa.
a !Ugii&A_s\J s 11
TSpL___ HELL & COy
ANCHOR COTTON MILLS.
PMTSIE3MR4II3. -
Stinv hattuers of FIZAVI MIDDIUM and LIOET
ANCHOR AND DAGNOLLI
SITILICTINGS AND BATTING.
CENTRAL AND UNION -
PACIFIC RAILWAY BONDS,
The cheapest Investment now is the market for
sale by
Pile R. IWIEIR r TZ,
Corner FIFTH AVENUE & WOOD STREETS.
Also, dealer In Government Bonds. Gold and
Coupons and European Exchange at market
rates. den
COMPANY.
JAMES T. BRADT Bc Co.,
'
(Pccessors to B. JONES & CO—) -
Coiner Fourth and Wood Sts.,
3131 , 41L.D1 73. 3M SE3 9
BUY AND BELL ALL KINDS OE
GOTERNRENT SECURITIES,
WILD, SILVER AND COUPONS,
ON MOST FAVORABLE TERMS.
Intirest Allowed on Deposita.
zap Money loaned on Government Bonds at
lowest market rates.
Orders executed for the Purchase
and Sale of STOCKS, BONDS and
GOLD.
JAMES T. BRADY db CO.
tts Eittsturgij Gaitttt.
OFFICE OP PITTSBURGH GAZETTE,
THURSDAY, February 25, 1869.
Large purchases by importers and
speculators have advanced the price of
gold from 132 to 133 1 8 ; but at the close
of the day the demand for bonds to be
shipped to Europe had the effect of
checking the rising tendency, and the
closing quotations settled down at 132.;;
market strong. Some parties are very
sanguine about the future price of gold,
but the' shrewd business men are, a
present, 'among those who cover while
the market is low. The late excitement
in bonds must have overstocked the
markets - of Europe, to such an extent
that a reaction may set in there at any
moment, which would immediately ad
vance gold here and depress bonds cor
respondingly. Little is doing in bonds
here. When the market was declining,
those ready to purchase awaited lower
quotations, and, to-day; when the mar-
ket had suddenly adyaneed, they were
unwilling to . pay the quotations,
and a further advance will bring
out large sellers to realize. Any material
advance will be checked in this way,
until we hear of a change la the market
in favor of Europe, when tranfers will be
made from Europe, and a considerable
decline will ensue. •
Stocks were better to-day, especially
Express shares, American Merchants
Union, which sold a few days ago at
49;5 and 50, soldd, down to 39; but recov 7
ered to 41. The rest of the list was irreg
ular but firm. It is reported that a
clique is formed to advance gold and
stocks, and that the late decline was noth
ing but a snare to entrap weak holders.
The share holders of the Pennsylvania
Railroad looked upon the extension of
the connecting links with the Pacific
Roads with disfavor, and some got
frightened and sold their stocks, which
was rapidly picked up and advanced
again to 544. The proposition of she
Directory to issue 25 per cent: of new
stock at par to the old share solders will
be rather an inducement to buy the
stock than sell it below present quota
tions.
127 Walnut Street.
FINANCE AND TRADE,
For Valley bonds the opinions :ftridi
vided, and some are Ilisposed.,rather to
sell at present prices than to hold flir
any advance, in case new bonds will be
Issued. The 7 3-10 per cent. interest,
howev",* Is an inducement for investors
to buy.
In Insurance stocks; the market, is
dull, but a better demand is shown
for bank stocks declaring dividends In
May.
Business dull and depressed, mone,)
leas stringent.
Closing quotations as received by Ph,
R. Mertzr Gold, 182%; Eighty-one's,
114%; Five Twenties, 1862, 116; do,
1864, 112%; do, 1866, . 113%; do, 1865, new.
111%; do, 1867, 111%; do, 1868, 111%;
Ten Forties, 110; Railroads Cleve
land & Pittsburg:l, •90%; Pittsburgh,
Fort Wayne t Chicago, 123; Chicago
& Rock Island,,_ 127; Chicago dr Nortn-;
Western, 82%; do Preferred. 91%; Erie,
—; New - York Central, 64%; Michi
gan Southern, 96%; Reading, 92%; Ohio
& Mississippi' Certificates, 84%: West
ern Union Telegraph Company, 37%;
Merchants Union Express Company,
17; • Pacific Mail, 103%; Adams, 59%;
Mning shares—Gregory, . : 1,90; Quartz
Hill, 70; Smith & Parmele, .Cory
don, 10; Am. M. Express, 41.
—The failure of the Fourth National
Bank, Philadelphia, occasions consider
able surprise and commotion in that
city, especially in interested circles. The
Cashier, it is reported, is a defaulter. to
the amount of about 160,000, and noth
ing has been paid by the delinquent
since the discovery. If all the statements
are true, the conduct of the officers of
this institution discloses more of imbe
cility and unfitness for their position
than anything we have met with. in a
long while. It is declared that the cash
in the vault of the bank is over five
hundred thousand dollars, and that it is
amply sufficient to pay every dollar of
the deposits. and why, under such cir
cumstances the institution should have .
been permitted to stumble and come to a
discreditable halt is both a mystery and
a marvel. The capital of the bank is
two hundred and twenty:five thousand
dollars, and if the defalcation were even
a hundred thousand dollars instead of
sixty, as now stated, the most ordinary
business capacity would have been suffi
cient to sustain it -and shield it from se-
rious embarrassment.
No reasons are given for the 'default of
the late cashier, and it is not, publicly
at least, known to what his losses are
attributable. He has lived in a very
modest and unostentious manner, indi
cating, on the face of this domestic life, •
strict economy, But a day or two will
probably suffice to solve the mystery
connected with the affair.
—Closing quotations received by James
T. Brady at Co.: Gold, 132%; United
States Sixes, 1881's, 114%; 640% 1862,
111; r*-2013, 1834, 112%; 5.20'5, 1865,
113%; 10-40's, 110; 5-20's Jan'y and July,
1865, 1111.<, ao. 1867, 111%; do. 1868, 1113 t,;
Seven Thirties, par less y.; Due Com
pounds, 119; Ten Forties,llo; Union
Pacific Railroad, par; Central, 103; Cy.
Pacifies, 101%.
jßy Telegraph to the Pitts torgh Gazette.)
NEW YORK, February 25;.1869.
• Money market without new featdres;
offerings liberal; demand not excessive.
-Call loans, 5@7; prime paper, 7@B.
The Treasury, is, largely supplied with
currency; its balance is about twenty
million dollars. The . Erie railway an
nounces that it will do its own express
business on and after March first. Cus-,
toms receipts for three days, $328,800.
Sterling steady but quiet at 9@,9;;,.
Gold irregular; opened at 132%, advanced
to 133%, and under the rise of bonds in
London, fell to 132%®13234. At the close
loans were made at 2 1 404 per cent.
Exports to-day, $6,000, aad clearances,
$82,000,000.
The great feature of Wall street to-day
was Government bonds, which were a
source of great excitement and buoy
ancy. The advance in London, conse
quent on the passage of Schenck's bill
by the House, and the probability of
concurrence by the Senate, stimulated
the demand here, and prices, are fully 1'
®134 per cent. higher than yesterday,
closing strong and excited. Private dis
patches quote Five-Twenties at 841 in
London, and say they closed at 81.
Coupons of 'Bl, 115®115.4; do. '62, 1163 x,
(4)117; do. 64, 11234®112%. '
do. '65, 111 N
®112; do. '67, 111%4'112; do. '68,1113,(
112; Ten-Forties, 11* B .
State bonds firm and 'slightly higher
in some cases; Missouris, 8734@87%; new
Tennessee% 6536 ®65 3 / 4 ; old do, 604 ®67%;
North Carolinas, 60viji,603/ . Virginias, 62
G623‘; Louisiana 6s, 72; 1/ 2 o"tdaiana Levee
bonds,
69.
The Stock market was firm during the
morning* but not especially active, ex
cept on Pacific Mail, which rose from
100% Ito 103% on heavy purchases by a
leading broker to cover speculative short
sales on account of customers. The'
Company are about to reduce their trips
to three a month, viz. on the Ist, 11th and
21st, from. New. York-,
In. the Railway list the principal deal
ings were in Michigan Southern, Wa
bash, New York Central, Northwestern
and Rock Island. ' Miscellaneous shares
are steady. Express shares are unset
tled but rather higher. On favorable re-
ixorts in the afternoon the Railway mar-,
ket was more steady, with Wabash,
Michigan Southern and Pittsburgh as
the features. Miscellsneons shares are
higher; except Pacific Mail, which
closed at 102. Express shares are steady.
Five-thirtyPrices:—Cumberland, 373,1®
39; Wells Express, 30; American, 410
403(; Adams, 5914@59%: Merchants, 17
®173; United State:, —; Quicksilver,
204(925; Canton, 60@60%; Pacific Mail,
102®102 1 :‘; Western Union Telegraph,
37•%®37; Mariposa, 9%(4)9%; do. pre
ferred,3l; New York Central, 16434®
164%; Erie, 363,;e36, 1 4 Hudson, 136
®1363137; Reading. 92%@9234; Terre
Haute, 383, , ,(4)39; pref., 66®67; Wabash,
6734 ®67%; pref. 77®78; St. Paul, 66%
®66%; preferred, .78%®789 , '• Ft. Wayne,
122%®123; Ohio and Mississippi, 3438
®343 , ,,'; Michigan Central, 118(4)118 1 4:
Michigan Southern, 97®973; Illinois
Central, 141®143; Pittsburgh, 923 4 ®923;;
Toledo, 10534(4)105%; Rock Island, 126 N
®126%; Northwestern, 823,®82; do.
preferred, 91®9134,
Mining Shares weak; Gregory, 205;
Smith dr. Parmelee, 155.
Copper Stocks at Boston—Calumet,
50; Copper Falls, 17 ' • Franklin, 24;
3•;
Hecht, 75; Hancock, 4Minnesota, 33%;
Quincy, 33. ••
Receipts at the" Sub-Treasury, $1,304,-
949; payments, $994,205; balance,. V2,-
191,548.
PETROLEUM MARKET.
OFFICE OF PITTSBURGH GAZETTE,
THURtDAYi Feb. 25, 1869.
The market was considerably mud
dled to-day, andlt was difficlut for even
operators to uhderstand or get the hang
of it. In the morning there was, consid
erable excitement, and for a time it
looked as if prices were destined •to go
way up again; but in the afternoon
there was a regular old fashioned break,.
particularly in Refined , for February de
livery, which declined a. fall Cent. It
was thought by some that this was occa
sioned by the manipulations of a precon
certed movement to, break the market--
by partlesin the East who want , to buy
but not at present pricbs- Be 'this as it
may, there is no disguising the fact that
the market was decidedly list, late in the
day, arid `that spot oil was decidedly
I weak and lower. Crude was firmer•
than,on,Wednesday, at least, this seem
ed to be thegeneral feeling and holders
generally were a little stiffer in their
views. The shipments continue to. in
crease slightly, and this explains the
'slight- accumulation of refined in the
east.
CRUDE--The sales reported were as
follows: 2,500 bbls till July Ist, seller; at
16;4; 2,000 same delivery and option at
1634; and 500 spot at ]6X. Salei were
reported as having been made at Oil City
at 86,75, and on the Creek at 16,50.
REFINED—SaIes early in the day of 500
each March and April at 37: and 500 for
last half March at 37g. February,
which early in the day was quoted at
3634©36},f, , it - is said could have been
bot}ght4.lals - ciVening at 3534.: The later
months, although a little weak, too, are
nominally 'unchanged. Buyers option,
all the year, would bring 40, but, we
heard ef but one offer to sell, and it was
In 41. ,
LUBRICATING OILS.
Eclipse Winter Lubricating oil 400
Eclipse Railroad Azle 350
Eclipse Machinery....-... 750
Eclipse Spiddle , • 1300
Eclipse Tanners' Stuffing 400
'Eclipse Tannerto Fiuishum 650
OIL SHIPPED EAST BY A. V. B. -B.
McKee, Hackett & C0.:250 bbla refined
W. P. Logan ft Bro., Philadelphia.
Fawcett, L. &S. 250 bbia relined to W.
P. Logan & Bro., Philadelphia.
McKelvy Bros. et Co., 235 bbla refined
W. P. Logan-de Bro., Philadelphia.
B. W. Morgan & Co., 150 bbls =ref to .
Warden, Frew & Co., Philadelphia.
Total shipments' Refined" •
OIL !MUFFED BART FROM DUQUE:VS
DEPOT.
8. M.. Long & Co., 97 bbls refined to
Warden, Wew & Co., Phila.
Returner ft
_Rogere, 10 bbls ,refined to
Pheppa & Thayer, Phil.
ST. Louis; ehruary2s—catue Market.
—Cattleln moderate demand and a trifle
lower; 153@110 for common 'to prime, and
1. 6 . 50 @7,23 for choice Indiana extra.
Hogs unchanged at Byi©lo gross•