The Pittsburgh gazette. (Pittsburgh, Pa.) 1866-1877, March 08, 1869, Image 6

Below is the OCR text representation for this newspapers page. It is also available as plain text as well as XML.

    t
DUQUESNE WORKS,
COLEMAN, RAM & CO,,
IttIIIIIfa,CLUrtTII of
IRON, :NXT.V4, STEEL,
AXLES,AND SPRINGS,
ltncineame Iron, Sheet and Tank Iron, Juniata
Iron, Wagon Box Iron. Charcoal Iron, Cytinder
Iron, XL Iron, Flanged Cutter Bars, Guard Iron.
Drag and Dropper Bars, T Rail for Coal Roads,
Iron Wedges, Plat Ball for Coal Roads, Boiler
„Iron, Crow Bars, .Chaln Links; Boiler Heins,
Itteel and Iron Harrow Teeth. Carriage, 'Wagon,
Beat and Coach "tprlngs, and Axles all styles:
Blab Steel for Flows. Cultivator Steel , Wings
and Moulds cut to pstteru. FsAing_ steel all
*Res, A. B. Steel and SteelTlre Steel Crow Bars,
,
Steel Shafting:lce-- . •
ALL GOODS FIRST CLASA AND WANRAN
- 43r011ees. and Works 16th street and Alle.
Mheny river and 17' WATER STREET. Pitts.
'burgh
___
GOEVFROY DBMCIM & CO.,
42 Exchange Place, New York,
. Are prepared, as Sole Agents in the United
States for the Prnsdan 'alining and Iron Com• ..
Dairy of Duisburg, 'Westphalia, to contract or•
tell in quantities to suit purchasers, t delivered in
ither New York Or Philadelphia') the celebrated
N r . G. SPIEG-ELEISEN
•
- a se d so extensively for the manufacturing of
BEISSEDIEU ' STEEL.
)This Iron 15 free from dtdpnr and Phosphorus,
I •
and contains a heavy per cen' age of 3I an ganesb.
gull particolas, samples, prices or chemical
' analysis will be promptly forwarded on apolica
, ation. jta):(178
SHEFFIELD STEEL WORKS.
MGM, mmicK & col
_PITTSBURGH. PA.;
Manufacturers of; every description of
CAST AND GEB3LiN STEEL,
B AnAt armies, -
ELIA: c
A N PARFELMIREP,RING%
U. ita
Warehouse, 88 Water AM IN First Fits.
ISiTLLER, BAER & PARKIIy.
GYNSIEULTA vavrarzas:
METCALY. GEIIBEN MILLER,
GEO. W. BARR, ICHAS. PARKIN.
BPBC!AL e#11757.11-9. M. KIEL
CRESCENT STEEL :WORKS,
=WA BARR & PARSEC . ,
Office, No. 339 Liberty St, -
PITTBBTTBSI;f, PA.
ftl4:d4B
BLAeK DIAMOND
STEEL WORKS•
PARK, BROTHER_ & CO.,
ltanntazturers of all descriptions of
gErriNEElLaa,'.
Deice and Warehiiase, 1221. 124511C0ND
and /19 and 121 STBICISTS.
IRON WORKS.
- -
JAS. VISITSR, Preet W. P. POUTIS, Sinn.
PITTSBURGH FORGE
AND IRON CO.,
ILA strracTiumsus or
Bar Iron;
Railroad Fish Bars scut Bolts;
Railroad Car Axles Rolled;
Railroad Car Axles Hammered;
Locomotive Frames;
Locomotive Frame Shapes;
Side Rods:
Yokes, Straps;
ristoh Reads;
Steamhost Shafts;
Steamboat Cranks;
piston Bodo, Wrists;
lEltntan Jalis, Collars, ate. II
OSlce, No, 177 PENN STREET,
ALLERSIIRSEN PROMS.
The Trustees are now orepared to grant licen
ses for the use of the ELLERSILA.USEN PRO.
OESS.
The superior quality Imparted to good iron,
the great improvement in inferior iron. and the
reduced cost. commend it to all manufacturers of
iron.
Parties wishing to nselt can obtain licenses by
applying to '
JAMES P. SPEER,
Attorney for the Trustees,
• OFFICE, 860 PENN STREET.
Pa:riles interested - are • Invited to visit the
BuozNßEßG.tit 'WORM. where the process is
now in successful operation. feBidt.7
EVERSON, PRESTON & CO.,
Pennsylvania Iron Works,.
Warehouse,- Nos.. 106 asio67 TIMM
ISTREICT. oopoate Monongaaela - Hronse ,
GH..
1024:0 PITTSBUR
NOVELTY WORKS,
pnTSBUBGS
1410V-KIATY WORKS.
Founded A. D. 1833.
ADAMS, /11'11.2E & CO:
sErsistrirs EITATip gr
ARD.ilailiANK PAT
. -
BST) PLAS 0101 A.ND ct/UNTER
SCALES.
Janus laced Patent Dow Lc)clos and Latches,
Pa nt and Cone Atilt% an. y
PBIES OP FIRST AVENOZ_eflliAla 871,
pittsbilialsoirellh4;
GAS AND STEW FITTING.
• -
iosx Y. coorxe atom ILATII....IISIOIT Bna.
joie( N. COOPER & CO.
BRASS rot=f23) 3 ,,
GAS OD STEAM FITTERS,'
Nanifieinfall Mtn
of eve
T 4: UN 3 °" 1/IserliattoglN ; gaii i ir d vn OAS Maw uP
AND %
ferief Pike and Walnut Strada,
NTrTSBURGIT.
FOUNDERS, MA 6
......, 12:___::
KNAP FORT prrr
FOUNDRY COMPANY.
t
TWELFTH STREET,
' PirrSl3l:lltGß, PA.
lorprgines, Rolling Mill Ma
citinery, Nail Machines, Be
torts, and Castings generalt.
mom=
NATIONAL FOL7IIIIIE
ARO PIPE WORKS.
Corner Carroll and Smallman Streets,
WILLIAM SMITH,
OAST IRON BOWL PIPE
My rives axe all east invarlablyln rho, 1n dry
sand . , and 12 feet lengths. Also, fp assortment
of general . •
Castings for Gas and Water Works.
'would also Superintend
cll the attention of
ents of Gas Wo rke to my make of RETORTS
ATLAS WORKS, _
MORTON STREET, Ninth Ward,
THOMAS N. MILLED, President.
These Works are among the largest and most
complete establishments In the West, and are
now prepared to tarnish
PITTSBIIRGII.
171t0g. PA
wriliscringss, Or
(NINTH WARD,)
•,
PIT'TS33"CrIteB. PA.
Dlatrafooturer of
YOB GAB AND wl,Tzx WdBXS.
prr.rsmivuon.
Engines, of ever? deseriPitinn
Boilers. Oil Tanks.
Sheet Iron Work.
Railroad Castings.
Rollins' lin] Casting".
Engine Castings•
Machine CastiniCs.
General Csstini[s•
• ORDERf3 SOLICITIED
n09:n69
ROBINSON, BEA bf. CO.;
Successors to BOBISSOS: MINIS i mnaxas ,
WASHINGTON WORKS
FOUNDERS AND MACHINISTS, PITTSBURGH,
Manntiettirer. of Boat and Stationary Steam En
gines, Blast Engines, Mill Machinery, Gearing,
Shafting, Castings of all descriptions: CU Tanks
and Stills. Boiler and Sheet Iron Work.
Office, No. IS, comer lint and Smithfield
Streets.
Agents Boi I sFAMD'S PATENT ENJECTOB
fbr reedingrs. jall:rs3l
IVrONT BLANC FOUNDRY.
"Putter Street, Ninth Ward,
(Opposite Union IronsXllls,
PIYIEBURGH.
Rolling Bill and Bridge Castings,
THIMBLE SKEINS AND PIPE BOXES ;
MACHINERY AND °Armes GENERALLT.
Orders promptly and carefully executed.
Charges reasonable.
EBBEIff Nana%
oets:l23
THOMAS CARLIN & CO.,
Fourth Ward Foundry and Machine Works,
BANDCBEY BT., ALLEGHENY CITY, PA.,
Mantdiseturers of Steam 'Engines, 011 Presses,
Pulleys, Shafting, Grist and Saw Mill Work.
Bolling Mill and Machine Castings, Grate Bars,
Weights, Wagon Boxes, Etc. Blind to order and
have on hand Engines of all sizes. mvlAnti
CENTRAL FOIO3!DR
AND ROLL. WORKS
sso perm Street.
BOLLXAN, BOYD & BAGAIEL
ChM Bolls, 11111 Castings. Roll Lathes. &c.
'LUMBER.
'LUMBER LUMBER!!,
j " .a ALEXANDER PATTERSON.
Dealer in all Rinds of. Lumber.
ON rum) AND POE SALE
1. 000,000 feet Dry Pine Boards;
150.50 0 feet lyi.and 2 inch Clear Plank;
30,000 feet Dry 1% inch Common Plank;
30,000 feet Dry 1 and 2 inch Oak:
25,000 feet Dry 2 SW and 3 inch Ash,
5,000 n. Dry 31 EI•C herr i Ma r e '
50,0 00 ft. Dry 1,18,;51 and. 3 inch Pop ar:
10,000 feet Dry poplin' Santling;
250,000 ftevßeintoo. Joists and Scanting:
150,000 No, 1 184nch Shingles,
sawed;
250,000 No. 110-inch Shingles,
40,000 No.l 154nch Shingles, stayed;
40,000 Fire Brick;
1,000 Fire Tile.
100 Tons Fire Clay;
TARIM—No. 80 PREBLE 'STREET. formerly
Zganchesterosnd 151 REBECCA STREET,eppp
site the Gu Works, Allegheny City. UO2l
IRON BROKERS.
SAMUEL wicsEasuAls -
IRON sacurraz,
124 First Street, Pittsburgh, . Pa.
Agent for the sale of Cornwall, Donghamore,
Josephine, Isabelle,Duncannon,Stanhope, Olen
don. and other brands of Anthracite. Youghio
gheny Coke and 0. B. charcoal.
PIG IRONS.
(Inuit giunente are most resnertfults snttott•d
COPPER:
riAKE 811PEISIOR o
"OPUS MILL AND EINFILTDIG WOMB
. -
- PITTSIFInteII. _
PARK,, & C 0.,.
ganuineturerr of She Brasiers* and Belt
'Jopper,Pressed Copper . Bottoms,Raied Still Dot
tonisl3peiter Solder. , Also, Importers and Deal
ers , At gets', Tin Piste, Sheet Iron, Wire, de.
Con *tautly on Nod Tiunerslidaehlues and Tools.
Warehouse, 140 FIRST STBILAT and 100
SECOND ETNILET, Pittsburgh.
Stssetil orders of Copper out to any desired plkt-
WS. • 1nt*14T34447
I'ITISEUEGH GAZETTE: 11.0NrAY, MARCH 8, 1869,
11110111 BOLE & COI,
Cor. Point Alley and Duquesne St.,
(NAR saa rotar,)
Engine Bui/ders, Founders and
Machinists.
Manufacture STEAMBOAT 'ENGINES and STA
TIONARY YNGINES of all alzes.
fd.
y eclat attention invited to our new STATION
OIL WELL ENGINE AND PORTABLE
BOILER , of 15-homemower.
CASTINGS. of every kind. made toorder Mous
Foundry, on THIRD STREET. below Market.
RIGS for Oil Wells, SHAFTING. PULLEYS,
HANGERS,HOUBE and TOBACGO SCREWS and
IRON TOBACCO PRESSES, on hand and made to
order, at the •
INDUSTRIAL WORKS,
Fronting on the Allegheny Blver, near the Point,
ag- All orders piomptly flied. TRY LIB.
FORT PITT
BOILER, STILL ABB TANK
WORKS.
CARROLL & SNYDER,
ÜBULAR. DOYIBLE-TLUED TIIBIILAB.
lelli& T -801 AND CYLINDER STEAM BOIL
ERS.
VIL STILLS, AND OIL TANK%
CHIMNEYS, BREECHING AND ASH rem,
OTTLING PANS. BALT - PANS AND CON
DENSERS;
STEAM PIPES. GASOMETERS AND IRON
f.. ) th 3RIDGES;
P ON DOORS AND COAL SHIITES
Oinee and Warehouse, corner Second,
Third, Short and Liberty Streets,
PITTSBURGH, Pa.
,per Orders sent to the above address will be
romotly attended to. : -InIi7:1111
'[ATM. BARNHILL & CO.,
BOILER IVIAKERS
A.ND SIiEET IRON WORKERS,
IQO9. 20, 22, 24 AND 26 PRIM 8T
Having secured a large yard and furnished it
with the most approved machinery, we are pre
pared to manufacture every description of BOIL
ERS in the best manner, and warranted equal to
any made in the country. chimneys, Breeching ,
Fire Beds, Steam Pipes. Locomo t ive Boner's
Condensers, Salt Pans, T anks. 011 Stills, Agita
tors, Settling Pane. Boller Iron. Bridge,. Sugar
Pans, and sole manufacturers of Barnktir s Pat
ent Boile. •
Repairi rs ng done on shortest notice. %Cal
JAMES urrEn,
Nos. 55 and . s6 Water Street,
IRON. OIL TANKS,
ESZTTLLNG PANS. corm{ ISTEMI PIPE
B.OLLING MILL !STACKS.
JAZZDA.»..ZDYVND D. BIOME
JAILED M. BRUSH & SON,
ILANTRACTDDISS OD
Steam Boilers, Oil . Stills, Tanks.
SWEET MON WOES, &O.
61 Penn Street, Pittsburgh, Pa.
STOVES, CASTINGS, &43
TILE BEST STOVES.
A. BRADLEY & CO.
Slannfaetoren of the greatest variety of
Cook, Parlor and Heating Staves,
TO BE FOUND IN THE STATE.
Sole Agents for the celebrated Base Bunting
Om ate), droves and rail:Mee, for Hard Coal or
Coke.liest In the World for Yarlor.Oglce, Wore or
Church. Fire needs no rekindling—burns all win
ter. Do not b iy until you scp or send for Circular.
No. 30 WOOD STREET.
Our Agents for Orientals—DEnßlLEß BROS..
Smithfield 131.1 GEO. HUBLF.Y. Allegheny City.
Star RUNS& CO y.
NANl77l.CrattinS 07 XTZAT VARIZTI 07
firrCioiTMOlS
_ .
BOSTON COOKING RANGE,
"THE FIERY 'FURNACE,"
'TES NNW ANTI-DUST COOKING STOVE.
•REGULATOR." COLUMBIA COOK STOVE.
VAN'S tOincinnatt Pattern) PORTABLIE
BINGE 0 %ST IKON MANTLES. WBLLMAN'S
REP LECTOR, GRATEn, tree from dirt sad dut;
GOATS. imam, NENDEKS, de.
206 and 20S Liberty Street,
••• PITTSBURGH. PA:
COOK STOVES.
FOR BITUMINO US 00.4 i.
Warranted to Cook, Bake or Boast as
Nen as any other Store In the Won.
PITTSBURGH, PA.
lICANOTACTIIII3BB 07
PITISEVEGEI, PA..
lILLACIACTUIIiII 01
And SHEET L130:I .WORIL,
For Bteamboata
FOE WARMING BVILDINGO
CET THE. BEST.
BISSELL * CO.'S
TRIUMPH,
BISSELL & CO.,
No. 235 Laibertv Street.
A lin on hand and for sale.
PARLOR STOVES,
To
REATI e N ME frI VI ATZENDKK S .
COOKING NOES. no.
COil AND COKE.
COAL! COAL!! COMAS!
DICKSON, STEWART & CO.,
• Bating removed their OfMoe to
NO. 567 LIBERTY STREET,
(Lately City Flour DOM SECOND ELOOR.
.
Are now emend toforalsb l iood YOUG)3IO.
oktßsy LIIIIWIP, Nl= COAL BLAZE, attic,
lowest morket price. .1
All orders lett at. their Mace, or addressed to
them through the mall, will Do - attended-t 0
,orcmirotiv.
STONE
lIVEST COMMON '
Machine Eitons Works
Northwest corner of West Commen. Allegheny.
maim 4vry At= & CO.
Have on hand or prepare on short notice Hearth
and 13WRI8tones, Triage italldewalks, , Brewere
.Varlts, sc. Head en a Tomb Stones, is,
elders Dmintly executed. Prices reasoltalga
fal PITT BIKING COBOL
No. 169 Wood Street.
CAPITAL, : : : : : 5200,000.
STOCKHOLDERS INDIVIDUALLY LIABLE,
DEALERS IN
GOVERNMENT SECURITIES
AND COLD.
INTEREST ALLOWED ON TINE DEPOSITS.
Collections made on all points in
the United States and Canadas.
DIBSCTCBS •
Jno. C Bieber,
Bobt. B. Bing,
Andrew
J M Bailey.
D. Hostetter.
James Gordon,
D. Wallace,
H. FiIt,CPAS,
,LIJUILAN, Pres't•
SLWL. Me
LsoN. cashier.
D. LET
NATIONAL BANK Of COMMERCE,
Cor. of Wood and Sixth Sta.
A. PATTEASOA•• ...... --President
JOS. U. HILL ,—.......---....—. oashler
CAPITAL, : $500,000.
DIRECTORS:
A. Patterson, • ' George W. Cass,
W oh m . -It o ß th rown iuu ,
Dan. R. Davidson, Iv
8. Haven.
DISICOVNTS DAIL
HART, CAVOIREV & CO., •
BANKERS AND BROKERS,
corner Third and Wood Hireettl,
PFTTSBITP.GIII., PA.,
(BI7CCESSOBB TO HAItSA, BART & C 0.,)
Dzawcas IA
Exchange, Coin, Coupons,
And , particular at i tf u lo a rt e paid to the purchase
GOVERNMENT BONDS.
sista, Drafts on London.
Elyir.bra
N. HOLMES & SONS,
EiUN-ZZ 313.15,
57 Market Street,
PZT 1 Bllh~' PA
Collections made on all the principal points of
the United dieted; and Canadae.
Stochs,Bouds and other Securities
BOUGHT AND BOLD ON COMMISSION
Particular attention paid to the porcine and
We of
United. States Securities.
)133:11
DOLLAR WINGS BANK 9
After 'the First of March Next,
Will beclosed on
WEDNESDAY EVENING'S,
And open daily from 0 o'clock A. 11. to 3 o'clock
P. X., and on
Saturday Evenings.
fel9:eSS
ECLIPSE PETROLEUM REFINERY.
HERBE!IT W. C. TWEDDLE,
Ware ACTUREB OP
Lubricating & High Test Burning Oils.
Eclipse Railroad . Axle OIL,
Stands great heat without change; remains
limpid at lowest temperatures. Special 011 for
tropical climates or hot weather.
Locomotive, Engine, Machine Shop,
Wtir cutScrort.
Saw Mill and Planing Mill Oils,
Adapted for high speed.
Spindle Oil, Woolillead.Light 011,
Oil, Tanners' Stuff- Bensole,
Ing dc Finishing OlLlGasoline
Harness Oil ParralUne.i •
ARMOR. VARNISH, to preserve Bright Iron
Work and Machinery from Sun.
These products are manufactured under Dr.
Tweddle's_patent bv Superheated Steam iirlac
ciao. The Lubricating (1118 are almost odorless,
perfec,tly'pure, uniform, and mostly light col
ored. stand &high temperature unchanrei4 and
remain limpid durinfl extreme cold. TheMallroad
Otis are r unequalled, and are in constant use on
many of the principal Railroads. Samples can
Se examined and orders left at 114 WOOD
STREET. Works at Sharpsburg Bridge.
WARING MID KING,
Connairsion Merelsante and Broken In
Petroleum , and its Products,
DALZELL'S BUILDING, DUQUESNE WAY'
rnirsia;rusai, PA.
111:7LADEL1EUL ADpItES}3,
WARING, SING & CO.,
TACK attowarias,
COMMISSION VaiLIICT:MS,
AND DIALS.=
Petroleum and its Products,
pictourth UMee—DALSSZLL93 BUILDING,
earner at unquesae Way sad Irwin streets.
Philadelphia Offiee—lßl WALNUT BT.
stol:w3o ;
DMIXOND OIL WORKS,
H. M. LONG & co.,
Ogee, DALZELL BUILDING,
felt Duquesne Way, Pittsburgh.
SEINETINGS)M IMTTINCir.
11, 6 :} 13 / 6 ." a1( . 30 1
ANCHOR COTTON 'MILLS.
facturen of HEAVY and LIGHT
MILHON AND MAGNOLIA
orsianws A N D amnia.
CENTBALIAND UNION
PACIFIC BAILWA.Y BONDS,
The cheapest investment now in the market for
sale by ,
3riairrz ,
Corner FIFTH AVENUE & WOOD STREETS
Also, dealer In Government Bonds. Gold and
Coupons and European Exchange at mdmaarket
rates.
JAMES Ti BRADY Str
3E3 11.2 4 7 15. 3S. fa,
GOVERNMENT SECURITIES,
AT 11 A.
•
Money loaned on Government Bonds at
owest market rates, - .
Orders executed for the Purchase
and Sale of :STOCKS,' BONDS and
GOLD.
OILS
127 Walnut Street.
PlTlO3lllTitriEff.
(Successors to S. JONES a C 0..)
Corner Fourth and Wood Sts.,
BUT AND BELL ¢Li. Knam OP
VOLD, SILVER AND CO:IYONS,
ON MOST FAVORABLE TERRE..
CRT' I4terest Allowed on Deposits.
JAMBS T. BRADY.& 00.
LlittslntrO etai
FINANCE AND TRADE,
, ---
Oimineov Pxxxsiranext Gmtszirx, i
SA.TURDAT, March 6, 1869. S
The excitement in the gold, bond and
stock market has surpassed anything
ever before witnessed, not even the peri
od of 1864 excepted, when the aggregate
transactions, were comparatively mmall.
although the price differences , were
greater. The announcement of the new
Cabinet, and especially the appointment
of A. T. Stewart, of New York, the mer
,
chant prince, caused a general desire to
get rid of gold at anything above 130.
His adherence to, the free trade prifici
,
pies, and his known desire to bring about
specie payment in the most direct way,
disregarding the Interests of thusands
t.
of business men, who
cast away one-haH can leas a ord to
or probably two-thirds
• ‘
of their possessions, for whioh they have
worked and toiled a lifetime, are too well
understood. Gold, which remained firm
at 131% on the day of the inauguration
01 President Grant, touched 1301 4 ', on Fri
, •
day evening, and opened of 129 k on Sat
urday, from which point it rapidly rose to
131%,and after again having touched 130%
closed at 131%. The rise is based on the
suppoiition that Mr. Stewart cannot take
the appointment under an old law for
bidding any one to hold that position who
is engaged in mercantile business; and
the decline in bonds in Europe end the
general demand for gold by the import
ing interests also exerted. their influence.
The appointment of Mr. Stewart may be 1
flattering to that gentleman, but if he I
should be enabled to carry out his well I
known principles; it will and must I
bring ruin torthe whole debtor class of
the community,
special
y, which it should be the
special care br the Government at the
present moment to protect. It would
indeed be a carious sight to see five
sixths of our grave Senators who, voted
for the increase of the copper tariff two i
weeks ago, turn a somersault and vote
for free trade. Already the free trade I l
cliques of New York are raising money I
to defray the expense to get matters in i
shape. ' It is very desirable to have a free 1
trade policy established and get rid of an
enormous burden that presses all classes
except the rich manufacturer. But the
time_ will not have i• come until every
dollar of our greenback circulation is
so far redueed that the residue im-con
sidered a benefit to the country. and re
tained only for convenience sake. As
for the Ignited States bonds, tbe tendency
is still upward, and must continue so as
long as the almost worthless securities of
European Governments pass at present
inflated prices. Tne parties who kept
down Government credit here were also,
at work in Europe, and in Frankfort and
Paris cliques were formed, assisted by
the financial editors of the leading
journals, to keep down American bonds
for the sake of introducing the inferior
obligations of other States contracted for
by . the leading bankers; bat the low
price oi - mir securities, the convenience
of getting the interest collected cheaply.
and the confidence of the small investor
in the integrity of this nation, has at last
made them the leading securities for in
vestment with the middle class. It is
predicted, 'and founded on good author
ity, that even at par these bonds would
be considered a better investment than
those of any European government. The
antagonistic position of Prussia - and
France point to an outbreak of hostilities
before long, in which event there would
be a general desire to get rid of any EU 7
ropean State bonds.'. •
The tightness of tho. money market
greatly assisted in keeping down the
prices of governments and stocks, but
on the passage of the bill abolishing the
quarterly bank statements , a better feel
ing; prevailed.= and we may witness a
general advance in prices, although the
bank statement is unfavorable, caused
by large withdrawals of gold to pay
duties; and, as is quite natural, a falling
off in deposits and legal reserve. An
advance in the gold premium. which is
looked for by operators and importers,
would.give newvigor to the bond and
stock market, although a quidkreacticin
o i l"
!nail =Ale looked for, one being de.
pendent on the o er. and by the gradual
reduction of the gold premium the cur
rency prices of ad securities would
also have to decline considerably, being,
even for a forty per cent, gold premium,
'entirely,too high. , , _
Express shares, which were much de
pressed last week, are recovering, and a
firmer feeling lexista, but ev'entually
these companiea will -be superceded by
1
'the railroadcompanies own ! , Arrange-.
ment, and the
B pro ve v ry ed
a r uc ta e l an ar d rali busi ge:
ment. Money
ness very drill. •
Closing quotations as reoeivett.by .lE'h
R. Mertz: ld, 1303;; Eighty-9M)%
1 161 4; . fiVo•Tmientiesi,C 1862,1 .1163 i; do,
1264, 114%; do, 1865, 1123;; do, 1865, new.
1124 v do; 1887 i, 112%; • dO, 1868,' 1.12 X;
Ten . Forties; 105% Rail do- =-- Cleve.
land & Pittsburg:i 89 ; Pittsburgh,
Fort Wayne & Chicago. IN; Chicago
& Rock Island, 2534.; Chimer° & North-
Western, 81 1 4* do Preferred, 893 i; Erie,
--; New 'york e Central, 1,751; Michi
gan Southern, 9534: Reading,, 91 Ohio
& Mississippi Certificat .5. 33: West
ern Union Telegraph Company, St3l;.i;
Merchants Union E.xpress Company,
17; Pacific Mail, 90:3. , ,'; Adams, 62.!‘;
Mning shares—Gregory, , 2,10; Quartz
Hill, 76; Smith & Parmole, 1,50 Cory
don, 10; Am. M. Express, 4t..
My Telegratai to the Pittsburgh tazette.t •
NEw YORK, larch 6, 1869.
Money easy, at 6©7 I. er rent. on call, •
with liberal offerings at the close at 5 per
cent. The change in the tiu eof render-•
ing the national bank statement has cre
ated
some cheerful feature regarding the •
future. Some banks, it islsaid, decline
to recognize the law lo: bidding certifica
tion of cheeks, except as against depos
its. The bank statement is unfavorable,
showing a large decrease in specie, con
sequent on the demand for customs.
There is a large falling off in legal ten
ders from shipments to Philadelphia and
a heavy reduction in deposits. The ex
cess of legal reserve has decreased V.-
389,695. Loans, $262,089,883; 'decrease,
$717,986. Spacie, $9,486,634; decrease,
11,345,967. Circulation, $34,215,855; in
crease, $27,904. Deposits $182,604,437;
decrease, $2,217,738. Legal t Tenders,s4 9 ,. -
135,369; decrease, $1,689.685. Sterling
• quiet and steady, at 8%,t.8 , ;,; for prime
bankers and sixty days,
and 9%@93( for
sight. Gold opened at .129 M, and upon
doubts of Mr. Stewart's eligibility to the
Secretaryship of the Treasury $ and the
rumored falliof bonds in 1...0nd0n to 82'4,
which is not, howskeri authenticated,
advanced to 131 g, 'but subsequently
reached to 130 N; closing, however, at
1311%. Export to-da, $105,554; nearly
half to Havana. Export for the week,
11507,843. Clearances to-day, $132,060,-
000. The market ended \ quietly atter a
day of great excitement. Loans were
made at leus per cent. for `carrying to
1
fiat.
Governments opened 'Strong . , but sub
seqnently became helyV, owing to the
failure of the Public Credit bill to be-
come a law, for the first time telegraphed
to London to-day. This is the reason
why the London quotation of Five-Toren-
ties did not respond to yesterday's de
cline in gold here. The prices of the day
have fallen largely, but closed. firm.
Coupons of 1881, 1160116 M; do. 1862?
118%®1184
4'; do. '64, ,1x1434®1143;: do.
'65, 116%411 6 y; do. new, 112 y, ®113: de.
'67, 1123(05113; do. '6B, 1123i®113; Ten-
Forties, 10534®1053:.
State bonds quiet and steady. Mis-
Rauh+, 8934 ®9O; new Tennessees, 65 30 2.
®66; North Carolinas, 58®®58X; Louisi-
ana Levee Sixes, 71%®71%.
The Stock market during the morpting
was steady, though devoid of special in
terest, though the larger dealings were
in New York Central, Michigan South
ern. Wabash, Pacific Mail and Mariposa
preferred, while Express shares were
exceptionally strong, with Adams as the •
feature. The market ge ro nerally , became
stronger, as the day pgressed, and in
the afternbon there was a general ad
vance, the dosing prices being the high
est of the day. 'Almost cases.
Five -thirty .Fklcav—Cumberland, 36
3734; Wells Express, 3034®31; American,
421‘013; Adanis,! 62%0262%; M ercriants,
17®17',; United States, 54; Quicksilver,
2424y.< ; Canton, '593-.‘®6oy,, ; Pacific
Mail, 100g©100 1 ;4; Western Union Tel
egraph, 36y, ®37; Mariposa, 14!4®143,1;
do. preferred, 33,333 z; New York Cen
tral, 158Wg)158X,; Erie, j 36®36,q; Hudson,
136.40136%; Reading, 91®91X; Harlem,
135®13634; Terre Haute, 366138; pref.,
6534; Wabash, 6.59(®66; do. preferred,
764; St. Paul, 6535®65%; do. preferred,
77;a77 1 ,4; Ft. Wayne,•llB;4®ll9lA; Ohio
and Mississippi, 33%®3314; Michigan
Central, 1173{; Michigan Southern, 9534
®96; Illinois central, 139 (0140; Pitts
burgh, 89%®89% Toledo, 104%®105 ;
Rock Island, 126®126; Northwestern,
81®81.1‘; do. preferred, 8934®895; 3 ; Chica
go ez Alton, 158.
Mining shares dull.
Copper Stocks at Boston--Calumet,
50 ; Copper Falls, 15 ; Franklin, 21;
Hecla. 80; Hancock, 530 Minnesota, 3.
Receipts at" the Sub-Treasury, $823,998;
payments, $1,2,59,474; balance, $86,924,285.
Imports for the week—dry goods, - $3,-
507,848; generatamerchandise, • 63,747,593.
1111
PETROLEUM MARKET.
OFFICE OF PITTSBURGH ' GAZETTE, i 1
SATURDAY, March 6, 1569. s
' WEEKLY • REVIEW—The market -•
during - the early part of •the week was
dull and langiAd, being devoid of that - •
life and buoyancy which so long pre
vailed,
and, fora time, it looked as ifthe
bears were going 'to have it all their •,.
own way. Rumbrs were in circulation •
that the brills had run out of funds, and
had disagreed among themselves, and
that the "ring, was on the point of _.
smashing - '
subsequently, it was discov
ered that these rumors were without ''; _
foundation, having been originated for
effect;' and - right on the heels of this
came the report that the production of ".
February bad decreased between three
and four hundred barrels per day, com
pared with the month preceding. This
being the situation to-day, the general
feeling was al little bullish, and, while
there was nothing done, there were but
few, if any, sellers of either Crude or ,-"
Refined at qbotations. While it was
generally conteded that the Crude mar
ket was firmer than en the day preced
lug,
there was an offer to sell Refined ,
for March, at slight decline, show ing
that of all thi 9, the oil business is the
moSt inconsistent--indeed, there is no
consistency aut it. It would naturally _
be supposed at the one Would sympa- -
tbize with the other, as they are insepa-
I
rably connec ed; but, as the market. ..-.
stood to-day, here seemed to be no sym
pathy. betty n them, for while Crude
was very stro g and generally held at - a.
sharp advanc , Refined, particularly, for
March delive y, was weak and dull.- 'lt •
is alai) a note orthy fact that the former
has been rely ively higher than the lat
ter all winter and this accounts for the -
comparativel_ small amount of oil being
made and ve light shipments.
CRUDE—T e crude market as already
intimated w - considerably stronger to
day, owing m inly, we presume, to the
i t
reported tar g off in the production,
and so far ase could learn, there were
no sellers a yesterday's %notations.
r
Spot may be noted at 1634 to Lc; and the
same figure spill apply to the last half Of
March, as we as to sellers option's from
March to Ju e July,' August or Septem
ber. April tb July, say. 500 per month,
was held at 17 at Oil City, with $6,90 of
fered. ' .
REFINE—The refined market was _
exceedingly- Wet and yesterday's prices
11 1,
were barely stained. March, last half,
was offered at 35c;, March and April to
gether, was quoted at 35%®36c; and
March to July was held at 36x to 37c,
wl ß th E 3 u 6Si nuaii.
bid. r now _
Receipts
for
the week 7,891; last. week 15,839; from
I:: tel424sanetiine
aLyalr 14130.:311pmentsRefined
la ; ; : k:4; : 4; : istkli,337ifrcmt:tate4o6sanatime
Sales 67,-
llswe i B,2oo..-
Ec Een li pse pse
Red Wf ' n 'c l m roa ter il d l L ° ,ma ti A ri e c e at O in l g Ls .
.. 0i1,..... : 4 4 35 00 .3
-
Eclipse Machinery
Eclipse.
__/..piridle%'
filn 750
I Eclipse Tannera' Stn - 800
• g '--- 400
I 'Eclipse Tanners', Finishing oil 650