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title: 'Pittsburg dispatch. (Pittsburg [Pa.]) 1880-1923, October 08, 1892, Page 11, Image 11',
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GHICAGO GAS BOOMS.
he Stock Sells at the Highest Price
Ever Eecorded for It.
DISTILLERS ALSO ADVANCES,
Followed Closely tj General Electric nd
SLIGHT GAINS IN THE EAILEOAD LIST
Sew Tobk, Oct 7. The stock market
was less active to-day and the falling ofi in
the volume of business is generally attrib
uted to the near approach of the Colambns
celebration. There were nevertheless
several movements of importance, particu
larly in the industrial group, in which
"Wall street is now taking an active inter
est. Chicago Gas advanced to 85, the
highest price ever recorded, and the shorts
found difficulty in covering their
lines. Distilling and Cattle Feeding was
also prominent, rising to 60), the best
price since the present upward movement
set in. In explanation of the continued ad
vance in the stock, an official of the com
pany states that the company had over
5600,000 cash on hand after the payment of
the last demand, and in addition, the vari
ous distilleries owned by the company had
. in cash and products 52,500,000; that the
company, in view of these matters and the
promising outlook of business, will raise
the nezt quarterly dividend to 1 or 1 per
cent. General Electric was another stock
that sold at the highest price yet reached.
It advanced to $1 19 on unlimited dealings
for that stock. Euison Illuminating ad
vanced $1 00 to $1 CTjgand latedropped to
The general railroad list improved to the
extent of K Pcr cent In the early trading,
but later i lelded ViSlK ner cent, the latter
lor Xew England and Heading- There was
more or less realizing, but the effect upon
prices was slight until inoney hardened. On
tho8trengtliortliis tho bears made an at
tack upon the list, but tho losses, as already
noted, were small and in tho final transac
tions n rallv or HH ensued.
.Among the specialties American tobacco
Jumped from $1 13'f to $1 18, reacted to $1 16
and closed at $1 lb-?- Tho preferred was 1
point higher. National Cordage shares de
clined J for tho common nnd J for tho pre
ferred, but subsequently rose & when it
became known that tho directors had de
clated the regular quarterly dividend, or 2
pcr cent on tlio preferred stock and had
raised the rate on the common to 3 per cent
or to the basis of 12 pcr cent per annum.
The market left off quiet and weak for the
rallwav and firm lor the industrials.
Railroad bonds were generally firm. Head
ing convertible thirds Jumped , to 64J4;
Union Pacific, Denver and Guir firsts ro-e
2K. to 7 and receded to 71J; Toledo, St.
Louis ana Kansas City firsts broke lit, to
Government bonds were strong. Close
of the list:
but a loss of a like amount In January.
Lard and ribs are 2c off.
Cash quotations were as follows:
Flour steady and unchanged; No. 9
spring wheat, 74c; No. S spring
wheat, KS5c; No. 2 red, 7Jic; No. 3
corn, Mc: No. 2 oats. Sl&c; No. 2 white,
nd sales; No.3 white. Sl&32e; No. 2 rve. WVfc;
No. 2 barley, 68S60c;No. 3, f. a b., 886ic;No.
4. f. a b., S2S7c; No. I flaxsoed, (1 10;
prime timothy sc ed, $1 6C1 67; mess pork,
per barrel, til 4011 IS; larO,per 100 lbs,S 60;
short ribs sides (loose), $770010 40; dry,
salted shoulders (boxed), J7 207 25; short
clear sides (boxed), $8 158 20; wnisky, dis
tillers' finished goods, per gallon, $1 19;
Receipts Floor, 13,000 barrels; wheat,
460,000 bushels; corn. 512,000 bushels; oats,
361.000 bushels; rye, 30,000 bushels; barley,
Shipments Flour, 17,000 barrels; wheat,
330,000 bushels; corn, 469,000 bushels: oat9,
2S7.000 bushels; rye, 42,000 bushels; barley,
On the Produce Exchange to-day the but
ter market -was steady and unchanged.
CALL MONET HIGHER.
Bates Ban Up to Ten Per Cent on the
Kew York Stock Exchange.
LOCALS DULL AUD FEATURELESS.
Gains and Losses Fractional and About
LOCAL AND GENERAL FINANCIAL NEW8
Range of the leading futures, famished by John
M. Oakley & Co., bankers and brokers. No. 43
6 65 I 6 57
Car receipts for to-day Wheat. 43: corn. 659:
oats, 258. Estimates for to-morrbw Wheat, 530;
corn, 770; oats, 3
U.S. 4srtg IMS Mutual Union Cs.... 1103
do. 4s coup IMS X. J. C. Int 1I1H
do. 2s iooJ4 Northern Pac. lsts. I16)a
Pacl3c6sof'a5 107 do. do. 2nds 111
l.oulsianasl,p1d4s.. 94 Nortliw't'nConso'.s 139
Missouri 6s 10! do. dcb't'sSsltS
Uenn. new set. 6s.. 101 st.L.i I.M.Gen. 5s 81
do. do. Ss.. lulj, bt. I,. JtS. F. O.M. 107
do. do. o... 75 tit. Taul Consols... 125
Canada So. 2nds... 101 s. I, C. & Pac. lsts 119
On. 1'aclflc lsts... 106 T. P. L.G.TT. Rets S)H
Den. & It. G. lsts... 15u T. P. K-G.Tr. Kcts 3I
do. do 4s .... 81 Union l'ac lsts.... 10t?
Erie Inds 1IC14 West Shore. 10
M. K. & T. Geo. Cs. 78!, !:. G. W. lsts 7bfc
31. K. i T. Uen.5s.. 76
Mining shares closed as follows:
Cliolor lOO'Ophlr. 315
Crown Point 125 t'lymonth 50
Con. Cal. and Va 420 skrra Nevada 115
Dcartwoodt 20 btandard 120
Gould and Curry 130 Uklon Con 169
Haioand Norcross... 210 Yellow Jacket 130
Ilomestake 1400 Iron Silver CO
Mexican 210 Qnicksllver 3 0
North start 600 tjnlcksllrer pfd 17O0
Ontario 39O0&ulwcr 0
Total sales or stocks to-day were 236,400
shares including: Atchison, 12,500; Chi car o
Gas, 21.000; Erie, 6,000; Louisville and Nash
ville, 3,500; Northern Pncilic prelerred, 3,300;
New Ensland, 33,900; lieadlutr. 33.3:0: Kicli
mond nnu West Point, 7,800; St. Paul, 9,003;
Union Pacific, 13,250; Union Pacific, 3,500.
The following table 6liows the prices of active
stocks on the New York stock Kxcbacre. cor-
n-cieu canr lor -jjie j-jTTFBUltG uiSPATcn by
Wbltnevi Stephenson, oldest PittsburE-niembers
orNew York block Exchange. 57 fourth avenue:
Am. Cotton OH
Am. Cotton Oil. pfd.
Am. sugar R. Co
Atch.. Top. & s. P..
Central of ew J
Chesa;eake & Ohio..
UAM, Jbl JUU.......
C. A O. 2d prd
Chicaro Gas Trust ..
ti.Bur. A Qnii.cy...
C, Mil. JLst. Paul,.
C, Jl & St. P.. pld.
C, Pock. 1. P
C.St. P.. M. iO-
CS. P.. 31. .tO.pfd
Chi. & Northwestern
CM. &. North.pTO....
c. c, r, & I
Col. Coat A Iron
Col. 4 Hocklnir Val.
Del.. Lack. & West.
Del. & Hudson
I.'en. A KIo Grande.
J. i. It. U. pld
DIs. &i F. Trust...
11. T., Va. Jt Ga. ....
Lake Erie & W. pf J.
I.. S. &M.& ....
Louisville & Nash...
Mobile Jt Ohio
Ivationnl Cordc Co.
Nat. edge Co. prcf.
National Lead Co...
Nat. Lead Co. pref.
N. Y C.-4 r-t. L...
XI. 1., Ij. t. & ...
N. Y.JtN. E
. V.. O. & W
Norfolk .t Western.
Nor. & West, prerd
North American Co.
North. Pac prerd.
Ohio & Mississippi..
Peo.. Drc & Evans.
Phila. & Iteadins....
P.. C. C ASt.L....
i uiiiuan i aiace jar.
Well. A- W. P. T...
St. I'aulA Dulutll....
St. P. A Dululh. pfd.
WheelluR 4L. E..
W. L. E., pfd
it. a i ..:.
Open High Low lne.
ing. est. est. bid,
45X 45 45 45
10'4 H0H 110H iio
102S 102H 102! 102t
39 39 CS), K3
58 5S 57 5Ti
23," 23M 23! M',
84 STIi HH 8314
99S tfTv SSM VSH
7s) 7S 78 78J
81S 81?) 80V
53 53X S2V 52J4
l 115 115 11434 H4K
& a.( cfi 6tH
42H A1H W- 41H
29' 191 214 29W
i&3) IMS 153M 153
50V 50Vi 50V 50.
59! 60i MJ 59H
4V 411 i 44
24 24 24 239
77'4 77! 7754 77M
132J 13JW 131 m)
fSS C& 6314 686
lOa&l 1,8 10S5( 107i
(2ii 62H 61S 61H
1341, Wi 1341l 134Jj
113 12014 119 12U
Ui 4IH 4IU 44,
SIM 041, 94.S
110i 110 109l( lOSH
"si" 'iY "spi 33
2014 2ST4 VW Sol,
44H 45H 4414 41i
isx I :s i8S
41 40f 40 39J4
13 13 121. i:
1SX 1SH JIJ4 18
Uii 50 50M 50V
" 3i.s "siv "iili
58r, 53 57S 5S
Mit lf 22VJ 21,
6: 1 62 61.H 61)4
91 illj 85 9
47 48 47 47
10J 1IW 103 1C7K
UK 11V im 11U
iOH 4USi 39 39
S'JK 96V PSH 96
26)4 26 20)5 25'
C9S 70X 69.H 6iS
Everytlilns Starts Off Strons bnt Closing
Prices Are Below the Highest.
Chicago, Oct. 7. A strong feeling per
vaded the wheat market during the early
part of the session to-day, ana prices for the
lirst hoar or so were about Jie.above yester
day's close. Later tliero was a general so'.l
ine. tinder winch all tho advance was gradually-lost.
The principal factors of sttength
were tho dry weathorin tho winter wheat
sections, and tho confirmatory re
ports of damage to the crop. This
was supplemented by strong and
higher cables nnd -some improvement in
the seaboard markets. Clearances irom tho
seaboard wero also larger than usual, the
reported moven.cnt in wnoat and flour loot
ing up over S'JO.OJO bu, thoiiirh there were not
a lew who questioned the accuracy of there
port from .Baltimore which showed exports
or 87,000 barrels of flour equal to nearly 400 -000
bu or wheat. The selling was attributed
to the cloudy n eat nor with promise ot rain.
Later there was good buying at the reduol
tion and a rally ot about 5ic, closing flrra
Corn wa quiet, but stronger early in the
session, influenced clilefiv by the firmness
In wheat and provisions, but as bothof these
weakened later, corn also lost some or its
Oats were steady with the close at top
llguics.Jcabovo yesterday's closing price.
Jlog products started higher on good buy
ing by the local bulls and sotno advance in
live lio;s at tho yards; but on tho advance
n. good many longs be-un to realize, and
the early advance in hosrs beta? lost thn-
was a. considerable drop in products. Later
there was a slight reaction in sympathy
.vim mo BLrciixbii iu Kniiii?, anu me close
New York Flour Receipts. 34,200 pack
aces; exports. 9.i00 barrels, 34,400 sacks; mar
ket more active and steadier; sales, 14,700
Cons Meal steady and in moderate de
mand. Wheat Keeeipts, S63.000 bushels; exports,
8,000 bushels: sales, L250.O00 bushels futures,
100,000 bushels spot; spot fairly active for
exports and firmer; No. 2 red, 79JS0e in
store and elevator. 80S0?c afloat, 80
80Vo f. o. b.; No. 3 red, 7474ic; unirrailcd
reu, 707SKe; No. 1 Northern, 8484c;
No. 2 ortnern, 79ic; No. 2 Milwaukee,
79c; options wero more active and 5clo
higher on foreign buying, late cables higher,
bullish West and free covering, closing
firm; No. 2 led October, 79K80c, closing,
80K: November. 80Q81Kc, closing. 81c;
December, 82823c, closing, 82Jic; May, bSJ
8!c, closing, 83ic
Kye firmer and quiet; Western, 6666;c
Haklev auiet and uteadv.
Eaiilzv Malt quiet and steady.
Cork Keeeipts, 22,000 bushels: exports,
44.000 bushels; sales, 565,000 bushels futures,
79,000 bushels spot; spot firmer and moder
ntelv active; No. 2, 5151e in elevator,
SiMfSSic afloat: ungraded mixed. SOKfilolc:
options were dull, opening at yb3iia up with
wheat, declined fls on expected largo
receipts, reacted J4Jsc on covering, closing
firm at JsKo over vesterday: October, 51
51Jc, closing at BIc; November. 5IJg52?aC,
closing at 52c; Dec-ember, 5253c, clos
ing nt 53Xc; May, N554Jic. closing at 51Ve.
Oats Uccelpts,172.uuu bushels: exports, 6,i4X)
bushels; sales, 205,000 bushels lutures, 104.00
bushels spot; snot firmer and quiet:
options firmer and fairlv active; October. 36
GSCc, doling at 36c: November, 3737Jgc,
closing at 37c: December, 38J3Sc. clos
ing at SSJgc; No. 2 spot, white, 3S39Uc;
mixed Western, C6J8c: white do, 3947Hc;
No. 2 Chicago, Z7H&J1HQ.
Hat quiet ami easy.
llors quiet and firm.
GaocEnits Coffee Options opened Arm, 10
(J20 points up; closed barely steady 610
up: sales, 40,230 bags, including October,
14.75H.S0c: November, 14.75I4.bO: Decem
ber, 14 75I4.80c: Januarv, 14.7014.73c; Feb
ruary, 14 15; ilarch, 14.65ll.75c: April, 14.65;
May. 14.C0i4.65c Spot Bio firmer and quiet;
No. 7, 15Ji15Kc Sugar, raw qnietand firm:
lcflned quiet ana steady. Molasses, New
Orleans dull and steady. Kico fairly active
Cottonseed Oil quiet and steady.
Kosin qnietand steady.
TnttPEATisE fi rmer anil quiet at 29T30c.
Haas in fair demand: fancy, firm; (V estern
prime, 21c: receipts, 7,531 packages.
Hides lau-Iy active and steady.
Hoo Peoddcts Pork dull: steady. Cnt
meats firm; wanted; pickled bellies, 89Vj;c;
middles quiet. Lard easier and dull;
Western steam closed at $8 75 asked; sale,
230 tierces on P. T.; option sales, 500 tierces;
October, $3 75 asked; November, 7 90, clos
ing at $7 95; January, $7 55.
Dairy Products Butter in fair demand
and steady: Western dairy. 1519c; Elgin,
24c. Cheese firm; fairly active.
Philadelphia Flour quiet. Wheat qniet
and a shudo Hi mot: No. 2 rod. October,
"6J7G4c; XovemLcr. 77J775gc: December,
"9Jfe79c; January, 8IKSi5bC. Corn options
firm: local catlots quiet; No. 2 white in ele
vator, 53c;No. 2 mixed in grain depot, 52c; do
spot in exnort elevator, 51c: No. 2 mixed
October, 503r.e: November, 50-JJ51c;
Decembor, 5u50c;- January, 5050Jc.
Oats firm; No. 3 white, 3737c; No. 2 whiie,
40Jc; do choice, 4141'.je; do old, 42c: No. 2
white. October, 3914c; do December, 392cj
No. 2 white October, 3939c; November, 39
39c; December, C9J$10c; January, 40
40c Butter quiet anu nrm for fine goods;
Pennsylvania creamery extra. 2425c;
Pennsylvania print extra, 2S33c Jiggs
firm and in fair demand; Pennsylvania
St, Louis Flour firm but no higher.
Wheat opened steady and advanced right
along, closing active at top prices lo
above the close Wednesday: cash, 70c: Oc
tober finished at 71c; December, 73c; Mav,
S0-c. Corn followed wheat but din not ad
vance so much, closing Jo higher than
Wednesday; cash, 43Jc; October, closed 42c;
November nnd December, 41Jc; year, 41c;
May, 44c. Oats hisher, but trailing was very
Mow: cash and October, SoVc; November,
31c: May, SSJic Kye firm at 55f 51a Barley
steady: sample lots Iowa, b065c" Bran
firm: COe east track. Hav quiet; prairie'
17 009 50; timothy. $9 00:3 50. Cornmoal,
$J 10i 15. Bagglngquiot at 56 257 75.
Toledo Wheat active and firm; cash and
October, 75?e: November, 70JJc; December,
76Kc; May, 84c Corn dull and steady;
cash, 45c; No. 3, 44c. Oats quiet; cash, 32Vc
Kye dull; cash. 57c. Cloverseed active and
steady: cash and October, $055; November,
40 Co; December, 56 75: January, $6 75:- Fob
luary, $6 E2& March, SO 91 Receipts Flour,
167 barrels: wheat, 10-2.165 bushels: com.
17,403 bushels; oats, 2,503 bushels: rye 3,159
bushels; cloverseed, 540 bushel's. Shipments
Flour. 7,850 ban els; wheat, 113,200 bushels;
com, 37,450 bushels; oats, 4W bushels; rve,
7,817 bushels: clovotseod, 575 bushels.
Minneapolis There was an old time ring
to the wheat market to-day that pleased tho
bulls greatlr. There was an advance at tho
close without long waits between the ad
vances, and this was so unusual that it bad
an exhilarating effect on the crowd. There
was mote firmness in the cash market. No.
1 Northern was a free seller at 71Kc, and a
good deal ot that grade sold at 7j?c Ke
eeipts 01 wheat hero were 515 Virginia and
Duluth and Superior 51 cars. Close: Mav
.8c: October, 71Jc; December, 72&C. Orl
iECv-: ?v- 1hara'52e: No- 1 Northern,
72c: No. 2 Northern. Mff?,t4 '
3IUwankec Flour steady. Wheat firm;
Decern uerJsC; No.2spring,70c: No. 1 North
cm, 76c Corn quiet: No. 3, 4343Kc Oats
FErDAT, Oct. 7.
Bneculation East and "West was moder
ately active to-day, but sentiment was less
bullish. 'Prices, however, were about
maintained on the Chicago Board of Trade,
and the upward tendency on the New York
Stock Exchange carried very little signifi
cance with it The money market became
quite stringent at the latter point this
afternoon according to a special to a
local house, and from 1 o'clock
until the close of the board
no loans were made at less than 6 per cent,
while 7 per cent was made at times and 8
10 per cent in exceptional cases. This ad
vance in money was caused by the shifting
of the Georgia Central loan of about
53,275,000 s;frora Spryor & Co..
to H. H. Holllns & Co., but it must
not be forgotten that money is steadily go
ing West, the shipments yesterdav being
over hair a million. The movement or grain
has begun but that of cotton is still very
small. There was some unusual activity in
silver certificates at the Stock Exchange,
over 100,000 ounces changing hands at 84Ji
85. The purchases wore duo to the hopetul
views expiessed by Mr. Jesse Sollgman, tho
American commissioner, who lias Just re
turned from Em ope, Iu regard t tho inter
national monetary conference.
Begardlng the flurry in money an Asso
ciated Press telegram says: The reasons for
the advance in call money to 10 per cent late
to-day in addition to the ract that funds are
always in better request on Friday when
brokers, agreeable to a stock exchange cus
tom, provide themselves with funds for the
threo days to Mondav, wero the disturbance
of loans incident to the liquidation of the
Spryor Georgia Central loan and large pay
ments into the New York city treasury lor
taxes. At the close money mis offered at fl.
The higher late for money it eakened sterl
ing exchange nnd alter the close hankers'
60-day bills were quoted at $4 S54 85 and
demand $4 86-
On the Local Board.
Home securities were like balky horses
they could not bo moved in either direction.
As a forcible Illustration of the condition of
tho market, it may be stated that a broker
offered to trade either way in P. & B. trac
tion at 25, and, after offering Wheeling Gas
at 19. bid 19 for it without be:ng ablo to,
do any business in either instance. Orders
anywhere near tho current quotations wore
very evidently lacking, and the interest
manifested was meager. The day was "stale,
flat anil unprofitable" by a larse majority.
The items traded in on 'Change were Phil
adelphia Company, La Noria Mining Com
pany, Westinghouse Electric scrip, Pleasant
Valley Railway, Duquesno traction and
First national Bank, tho total business bo
lng only 225 shates of stock and $20 worth of
scrip. Philadelphia Company fold at 22 in
a retail way, closing stoauy at 2222. La
Nor I a Mining Company sold at lie, closing
at 1214c. The most important deal at the
calls as the sale of 100 shares ot Pleasant
Valley Railway at 25. the stock closing
strong at 2525. Duquesne traction sold
to the extent; t 10 shares at 23, closing
weak at 2SJ28Ji, and a small lot of First
National Bank changod hands at 177.
Electric "second preferred -was a little
firmer at 37 bid here, and 37 bid on the
Boston and New York Exchanges. On the
latter board the first preferred was quoted
at 49 bid at the close. The firmness was
probably duo to the statements of Mr. West
inghouse and other officials of the company,
that the decision in tho lamp case ttould
not seriously offset the company's Interests:
also to the talk about a new and wonderful
lamp ana to a little manipulation.
In the remainder or tho list tho features
were another fractional advance in People's
Natural Gas, stiength in United States Glass
and Monongahela Navigation Company and
apparent weakness in Citizens' traction, P.
& B. traction, Monongahela Water and Un
derground uauie. xue others were steady
Durlug tho last call 22 was bid for 600
shares of Philadelphia Company.
More Talk on the Decision.
Woerishoffer & Co. say: "The Incandes
cent lamp decision Is of vast importance,
and of great money value to the General,
Electric Company and its licensee. The
only party who doesn't think it amounts to
much is Westinghouse, who is the chief in
fringer. The decision Is broad and sweep
ing, and when the order is entered enjoin
ing the Westinghouse Company from the use
and calling for accounting, perhaps matters
will apnear more erlons. We should not bo
surprised to bee General Electric sell up to
The Westinghouse electric people on the
other hand say that tho decision just given
by tho New York Court or Appeals in rela
tion to the incandescent lamp cannot
seriously affect them. In the first place they
claim that. they will still have the right to
use the lamp, under an agreement made with
the Thomson-Houston peoplo lonz ago, but
as a matter of fact thev will not want to use
it, as their new inventions will enable them
to place on the markot a better light for
about one-half the cost. Somo of these lamps
are already manufactured, and the company
will soon be ready to' introduce them gen
erally. Sales and Closing Quotations.
Transactions on 'Change were as follows:
10 shares Philadelphia Company 22K
100 shares La Norla Mining Company. 13c
20 Westlsghonso Llectrlc scrip,.
100 shares Pleasant Valley railway ...
10 shares Duqnesne traction
AFTER C ILL.
5 shares First National Banc
Total sales, 225 shares stock
scrip. Closing bids and offers:
Allegheny Heating Company for the past
fiscal year were $116,000 larger than for any
J. 8. McKel vy sold La Noria to J. J. Camp
bell. Bill -& Co, sold Philadelphia Company, to
Kuhn Bros., and First National Bank to R.
J. fitoney, Jr.
McCutclieon sold Pleasant Valley to W. J.
Roblnsou and Duquesne Traction to J. B.
Insiders say General Electric Is good for
150 at least.
The Widener-Elkins Traction Railway
syndicate is considering plans for a pro
jected boulevard and electric railway line
between Baltimore and Waihlngton. The
right of way hasboen secured.
One of the Boston directors of the West
inghouse Company is known, to have in
creased his holdings of tho stock very con
siderably during the past two weeks.
Vague rumors are current of pending im-
Sortant changes in the management of the
encral Electric Company.
A Chicago authority says that during the
last year the number of electric railways
has increased from 385 to 469, tbe capital
stock from $155,037,973 to $205,870,000, and the
mileage from 3,916 to 5,410 miles.
The earnings of Buffalo, Rochester and
Pittsburg for the fourth week in September
were $90,457, an increase of $26,788.
The Reading Company is said to have
sold $2,000,000 4 por cent bonds on private
Discount rates are quoted unchanged at 5
6 per cent, with fnnds in good supply and
tbe demand active. Eastern exchange and
currency trade at par.
New York, Oct. 7. Money on call was
stringent at 410 per cent; last loan at 6, clos
ing offered at 6. Prime mercantile Tinner.
46 percent. Sterling exchange was strong
at $4 85 lor bankers' 60-day bills and $4 6
As compared with the statements of the
looal national banks at the call of July 12,
those at the recent call show the following
changes, according to the figures of Mr. E.
Reserve, decrease... I, 721,811
Loans, increase , 460.4J)
Suede, increase , 403,117
Deposits, decrease 83 029
Legal tenders. Increase 4.13,016
Circulation, increase 33,630
Due from legal reserve agents, decrease.. 1,559,643
Tbe banks now bld $1,973,949 In excess of
the 25 per cent as required by law, or 29.95
per cent of net deposits.
, Clearing Bouse Figurei.
Exchanges to-day a 2,404.503 69
balances to-day ......: 643,006 89
Same day last week:
Exchanges $ 1,913,245 05
Balances 359.060 00
New York, Oct. 7. Bank clearings, $113,
593,956: balances, $0 980,788.
Boston, Oct. 7. Bank: clearlntrs, $15,676,796;
balances, $1,718,361. Money 45 per cent.
Philadelphia, Oct. 7. Bank clearings, $11,
347,795; balances, $1,231,914. Money, 1 per
Chicago, Oct. 7. Bank clearings to-dav,
$10,342,695. New Yoik exchange soldat70o
discount. Money firm nnd unchanged.
Sterling exchange slow at $1 S5 for 60-day
bills and $4 86J lor demand.
jiALTiuoRE, ucc. 7. uanir clearings to-day
$2,880,879; balances, $393,633. Money, 6 per
St. Louis, Oct. 7. Bank clearings, $5,779,270;
balances. $104,722. Money quiet at 67 per
cent. Excbango on New York, 75o discount.
New Obleass, Oct. 7. Clearings, $1,687,790.
Now York exchange Commeioial, $1 50 per
$1,0C0 disconnt; bank, 50o discount to par.
A BIG DEAL IN ACREAGE
Being Pushed in the Interests of a Local
Jlanufac raring Concern A Well-Known
Broker Buys a Home Out Perrysville
Avenue-Other Iate Transactions.
FllIDAY, Oct. 7.
A large acreage deal is in hand, and the
result of a conference between the owners
and intending purchasers held to-day indi
cates an early settlement The tract con
tains 180 acres, and is situated abont 20
miles from the city, being in close proxim
ity to Kensington. Mr. J. C. Dick is ne
gotiating for the purchase of the ground for
a local manufacturing concern, and the
amount involved Is $00,000.
George B. Hill, tho well-known broker, has
Jnst purchased Irom Commodore Kodgers 14
acres of land situated on Perrysville ave
nue, a short distance beyond Heating's, for
$21,000, or $1,500 an acre. Mr. Hill bought the
property for homo purposes and will shortly
occupy the large dwelling on the premises.
Items of Gossip. '
The sales recently'made of properties
fronting on the Baltimore and Ohio Railroad
In Hazelwood, Twenty-third ward, have re
sulted In making that neighborhood quite a
manufacturing district. There are now
elected and in full working order two tin
plate factories, namely, that or John Hamil
ton, Esq., who supplies tho local trade,
and Messrs. Griffith & Caldtt alder, whoie
goods aro shipped to distant places; also, tho
Arm of Oliver P. Scalfe & Co., Limited.whoso
juuiory is almost ready lor the mnnufucturo
miiK.3, receivers, etc., lor gas, oil and
And Likely to Be Very Active From Noir
on TJnUI After the Winter Holidays
Trade Booming Out "West No Import-
ant Price Changes Collections Easy.
Friday, Oct. 7.
General business is steadily improving,
and from now on' until the approaching
holiday trade is over merchants expect to
have alj. they can very -well attend to.
Further West trade is fairly booming.
"Business in nearly all lines of- merchan
dise is ruuping ahead of expectations," says
a Chicago paper, "shipments to all
points being on a very liberal
scale. It is learned that many woolen nnd
worsted, cotton and silk mills, hoot and shoe
and rubber shops, are crowded to the ut
most and yot cannot c itch up with their
orders, and the consumption of materials in
these industries is unprecedented. Tho
markets havo hardly over been so bare of
cotton goods, and tho supply falls so far
short of tho demand that prices of print
cloths and many kinds of prints and other
goods havo been advanced." Regarding
prices, the situation here remains practi
cally unchanged. No complaints about
collections are beard. Corn, feed and bay
continue weak; groceries aro strong with
tho exception of suzar, which is tending
downward; dairy products are easier; egg
and poultry aio steady: fruits and vege
tables are firm; hog products are compara
tively slow and barely steady; wheat, oats
and flour aro strong, and fish und some
descriptions of canned goodd are tending
Grain, Floor and Feed.
Sales on call at the Grain and Flonr Ex
change to-day: One car high mixed shelled
corn, five days, 50c; one car No. 1 timothy
hay, Ave days, $13 00: two cars No. 2 timothy
hay, five days $12 25; one car oat straw,
five days, $6 00. Bids and offers:
hows an advance of 7c lnNovemberpork, JVheat, 81,000 buihels; corn, 1S5.000 BMheU,
PorK.$1140 Lard. October. S8 45 ,.'int.
Flour, 5,500 barrels; wheat, 85.800 bushels;
barley, 50,500 bushels. Shipments Flour L
800 barrels; wheat, 3,900 bushels; barlev 1 500
bushels. ' '
Kansas City Wheat half a cent higher
than yesterday; No. 2 hard, old. 61c; new 61
01?c; No. 2 red. C46C5C Corn Mrregular;
No. 2 mixed. 37iSc: No. 2 white. 39c!
Oats in better demand and firmer- No 2
mixed, 2627c; No. 2 white, 2931c. E-zs firm
at 1GJi,ece,,Ptf-Wheat' lw.00 busnels;
corn, 2,000 bushels; oats, 21.000 bushels. Shlr
men ts Wheat, 40,000 bushels; corn. 15 000
bushels; oats none. '
uEcmmm-tionr steady. Wheat In fair
demand at 734c; receipts, " 5,400 bushels
shipments LWW Dushels. Corn lieavv Nn. 2
mixed. 4646c. Oats firm: No. 2 mixed!
S3S4c. Kye easy: No. 2. E9c Porkqulex
nt ill 75. Lard easy at $8 50. Bulk rnpata
quiet at $7 757 87. Bacon iu light demand
at $9 609 6: tthiifcy in good demand;
sales, 997 oairoisat $115. Butter firm. Su"ar
easier. Eggs dull and heavy at 16a.
Baltimore Wheat firm; No. 2 red soot
76c; October. 76c; DecemberV 78?ic. Corn
dufi; mixed spot, 52c; Octofier. B0el
Oats steady: No. 2 white Western 38G2SUcl
Kye steady; Na 2. 65c. Hay s "advfo1?in
tre gbts dull. Cotton dull. Provisions Ann
nnd.quiet. Batter firm und steady; cream
?iIJan5yi.25c' E"8 steady; Western.
1820c Coffee firm; Rio, No.7,15c.
Buflalo-Whnt-No. 1 hard. 86e; Na 1
Northern, 7SiT3e; No. 2 red. 7JO. Na 3
corn. 49Jfc. Itecelnt Wh.. 'viv..i.
els; corn, 163.000 bushels.' Shinmenti-.
1st call. M call. 3d call.
STOCKS. . , , , , ,
Bla Ask Bid Ask Bid Ask
Allegheny Nat. Bk 66 ....
Citizen' Nat. Ilk 66M ....
T. N. Bank. Pitts 1S0J4 ....
Freehold Bk 107
Fidelity T. AT. Co. ISO 120 130
German Nat. Bank .... 3 .... ja .... ss
Iron Cliv Nit. Bank 80
Liberty Nat. Bank.. 109 H9 ....
51. &M. N. Bank... 71 .... 71 .... 71
Monon. Nat. Bank. 144 141 ....
Odd Fellows' S. Bk 72Vj
Third Nat. Bank... 126 .... 128 , ....
Ben Franklin 40 ....
Ultlzeni1 lus.Co 32 82
Humboldt 65 .... 65 .... 65
Teuton la Ins. Co 60 62 60
Union Ins. Co 47 ....
Western In?. Co 40 .... 40
ChartlersV. G.Co.. ljtf .... 12
Nat.llaa Co.. W.Va 50
People's N. G -is Co VSii .... 29W .... 29
Peon's N.G.JtP.Co. 15 151$ 15" 15X 15 J5
Philadelphia Co.... SX 22H 22M 22 ISM 22H
Wheeling Gas Co 10 .... 20 19 191?
Central Traction 20)4 '.. 2954
Citizens' Traction.. 63 63ft 63 63tt .... 63M
Plttsburtr Traction. S3 .... 58H 6u 58!4 ....
Pleasant Valley..... 25J4 15H 25)4 .... 2) V5H
P.. Y.&A.B.E... .. 49 .. 49 .. 49
Pitts. A Cas. Shan 12 .... 12 .... 12
Pitts. & V.'. pfd 20
P..VheellngiKy 55 C3 SS 53 M
N.T. & C. G. C Co 50 52
Hand Street..., 44
North. 8. Bridge so
Pitts. ,t Birmingham $0
Point Bridge 12
Union Bridge 14 15
La Noria Mln. Co .... 12c 14c
Luster Mining Co.. 854 8X .... IX
Enterprise M. Co... 4 4if
Westinghouse 22 24)4 22K
Monongahela N. Co 69M 73
Monon. Water Co 30 " 31
Union Mor.Co M ....
Union S. AS. Co... 18 lew
Un. S.AS Co. pfd. S5 40
West. Airbrake Co. Mi .... 135 .... S3 138
West. Brake Co. It 90 1C0
Stand'd U.CableCo 77H 7? 77 77X
U.S.Glas$Co.,com K.w 70 65K ..
U. S. Glass Co.. pfd 1143,' 116 1114 116 I14)j 116
Financial Notes. ,
A. J. Lawrence & Co. sold 10 shares United
States Glass preferred at 115.
Chartered to-day: The Snowden Manu
facturing Company, of Brownsville, l&tyette
county; capital, $15,000. The Everet Crystal
Water Company, of Bedford county; capital.
$5,000. 0 '
Prom Sproul& Ca's market letter: "The
bank statement can hardly fall, according
to common belief, to show a further reduc
tion In tbe item or- dnpo'lts, and this cir
cumstance was not without influence tipon
speculative sentiment. The New England
'deal' does not materialize, and .the ac
tivity in tho stook to-dny was inoro patently
manipulative than has been the caso hereto
fore, 'i ho prospect Is for a narrow trading
marset, in whicn the absence or public in
terest will serve the purpose of positive
1 It a stated, that thtgroM arnlngi.of .h L.rreUdeng,
John K. Ewing, Esq., the real estato
broker, is still confined to his home, boing
seriously ill, the result of an accident re
ceived this summer while en route to the
bloycle meet at Washington. D. C.
Perrysville avenue, it is reported, will be
widened and improved in general from the
Cityline to Perrysville. a distance of five
miles, in the spring. The Idea, suid an Alle
gheny official, is to havo a driveway equal
to the finest In this section of the coun
try. The two old brick buildings which have
occupied the southwestern corner of Vine
street and Fifth avenue for many years,
and which had virtually become un eyo
sore, bave been razed and two fine stone
fiont buildings aie being erected in their
sto'id by J. C Dick. The buildings are of a
new design and are attracting a great deal
Rumor still has it that the Watson prop
erty, in the Tenth ward, Allegheny, will be
jjuiuiiuacu ujf ALiuBuy Kjiiy ior paru pur
poses. ,. Building Permits.
The following permits were lssned to-day:
The Denny estate, a four-story trick busi
ness and apartment building, cornor Seventh
street and Bedford avenue; cost, $12,000. J.
H. Brunlng, a two-story brick dwelling,
Rural street, near Negley avenue; cost,
$7,000. E. G. Moon, two two-story frame
dwellings, Spahr street, between Alder
street and College avenue; cost, $3,000 for
both. Sadler, Evans & Co., six two-story
frame dwellings, Kelly street, between Lin
coln and Fifth avenues; cost, $1,600 each.
George Iluth, a two-story frame dwelling,
Boquet street, near Bates street; cost, $2,500.
The MoKeesport and Wilmerdinz Land
Company has just purchased 250 ncres of
land lying between AIcKeesport and Wilmer
ding. The price paid was $100,000, and the
lnnd will be traversed by the AIcKeesport
and Wllmerdlng Electric Railway. The
Greensbnrg pike also runs through the prop
erty. The McKeesport and Wilineidiu
Laud Company ws organized with a capital
stock or $200,000, and the lollowing officers:
President, B. W. Carskaddon. of the Penn
sylvania Railroad; Vice President, D. V. 51.
laylor, McKeesport; Keoretary, J. C. De
venny, McKeesport; Treasurer, Dr. C. B
Stuckslager, President of the People's Bank;
S. A. Dickie & Co. sold for F. P. Boll to J.
A. Murphy a lot in the Fahucstook Place
plan, 43xl40 feet, fronting on llomowood
avenue, ior $2,050.
Black & Baird sold to II. K. Shopard lots
Nos. 3 and t In the Eureka Land Companv's
plan, fronting 24 feet on Frazier street, near
Wilmotstieet, by 100 feet in depth to an
alley, for $1,600.
George Schmidt sold a lot on Alleqnlppa
street, 23x100 feet to an alley, and belug lot
No. 116 in his Eureka Place plan, Oakland,
iu o. i . iiiairuj, 111 ?wv, uu easy terms.
D. Bcliou & Son sold to Mrs. Annie Con
nors tor P. Shields, a four-room name honse
and a lot 20x100 feet, on Forty-flith street,
nearCalvan'street, Seventeenth ward, for
.John K. Ewing & Co. sold for Mrs. Rebecca
Hunter a houo and lot, being No. 67 South
Diamond street, Allegheny, tor $i,250 cash.
Tho purchaser, Mr. Adam Bepler, Jr., will
improve the property with a new building
in the spring.
James V. Drapo & Co. roport tho follow
ing sales: A lot and a small building on
Syracuse street for $700; a house and grounds
in the suburbs for$7,t00; a collateral interest
In two bouses and lots of $3,200, mid a lot in
the Keystone plan, Crafton, ior $110.
A. Z. Byers & Ca told lor tho RIdgeview
Land Company to Harry Hughes another
lot in their plan, being No. 6, fronting 25 leet
on Fleming avenue and extending through
120 leet to a 20-foot alley, for $725.
Scott & McMillen sold for Harry Brooks to
H. W. Gralt tne property on the cornor of
Sweeney and Overkill streets. Sixth ward,
Allegheny, being a lot 22x103 teet.
W. A. Herron & Sons mako the following
renort, which probably refers to the above:
Sold on tbe Perrysville road, near the end
of the eieotric railroad, 14 acres or ground,
with a lame frame Ihouia. rnrriiwinm
Jirominent business man. wuo pareuased it
1 white oats f
No. 2 red wheat
No. 2 yellow shelled corn
High mixed shelled corn
No. 1 white oats
No. 2whlte oats
Winter wheat bran-
Wlnterwheat bran, sacked 15 00
No. 1 timothy hay 13 00
No. 2llinotliyhay 12 00
Iowa upland prairie bay, 13 25
No. 2 yellow shelled corn BOM 52
High mixed shelled corn 49 51
No. 2ycllow carcorn 66
No. 2 white oats 38)4"
No. 1 timothy hay 12 75 13 25
No. 2 timothy hav. 12 25
Oat straw 6 00 6 50
Packing hay 7 25 7 50
Receipts bulletined: Via the B. & O. 2
cars corn, 1 car middlings, 1 car bran, 1 car
hay; via the P., C, C. & St. L. 1 car bay; via
the P., Ft.' W. & C 11 cars oats, 6 cars hay,
5 cars flour. Total, 27 cars.
KANOE OF THE MAnitET.
CTI10 following quotations for grain, feed, bay
ana straw are for car lots on track. Dealers charge
a small advance from store.?
Wheat No. 2rcd 75)a 76
Coaif No. 2 yellow ear 63 54
High mixed ear. 61 (3 3)4
Mixed ear SI 52
No. 2 yellow shelled St a 51K
High mixed shelled SO & 53)4
Mixed shelled 4 49
Oats No. l white sa.w 39
No. 2 white 37,(3 38
Extra No. 3 white 37 S 3;)4
No. 3 35)4 36
Mixed 34 (8 3
Bye-No. 1 Western OS a 67
No. 2 Western 65 61 .
Floor (Jobbers' nnces)-Fancv brands, fi7S
5 00; standard winter patents, $4 7S5 CO: spring
patents. $1 sSJ 00: straight winter, $4 25 I 60:
clear winter. S4 O04 25: XXX bakers, fi 754 00;
rye. 3 503 75.
The Exchange Price Current quotes flour in car
lots on track as follows:
Patent winter...'. $4 15(5)1 25
Patentsprlng 4 40(&1 SO
btraight winter 3 Ti4 00
Clear 3 25(33 SO
Low grades 2 (X&2 75
It J-e flour 3 5033 75
Spring baiters 3 4003 50
MlLLFEED-No. 1 white middling. 318 C020 00:
No. 2 white middlings, $13 5017 50; winter wheat
bran, $15 25(315 50; brown middlings, $16 0016 SO;
chop. $:s (xxaa 00.
HAT-Cholce timothy. $13 S0U 75; Nofl tim
othy. $13 00I3 26: No. 2 timothv. $12 O0I2 2S;
mixed clover and timothy, $12 50I3 00; packing.
$7 508 CO: feeding prairie, j S09 09; wagon hay,
sis uiais 00.
STKAW-Wbeat, $5 756 00; oat, $6 C06 S3; rye,
$7 508 00.
SUGARS Patent cnt-loaf, 6)4c: cubes, 5?tfc; pow
dered. S)aC; grauulated (standard), 5)4c; con
fectioners A. tc: soft A, H&7ic: fancy yellow.
4c: fair yellow. 47fe4,12C; common yellow, 4
Coffee Roasted. In packages Standard brands,
21 3-20c; ereond grades, 2021c; fancy grades, 24)4
9c. Loose Java, 33c: ftioclia. 313J)c: Santos.
50M)c; Maracalbo. 23c: Peaberry. 826)Sc;
Caracas, 23SC: Rio. 13ZSHc.
Molasses Choice, 35(3,33,0; fancy, 4041c;
Sybup Corn svrup. 26ac; sugar syrup, 3C3le;
fancy flavors, 3235c.
Fruits London layer raisins, $2 60; California
London layers. $1 SC2 10; California muscatels,
bags. 55Hc; boxed, 1 15(31 25; Valencia, 6451ct
Ondara Valencia. 7&ffi7Kc; California sultams.
10)llc: currants. 4M4)tc: Collfornla primes. 9)j
12c: French prunes, 8ll0)4c: California seedless
raisins, 1-lb cartons, $3 75: citron, 20ilc: lemon
RICE Fancy head Carolina. 6J6Ks: prime to
choice. 5Cc; Louisiana, S)6c; Java, 5)i5,Vc:
SI 1 SO:
i-lh. ft 00; 1
nalr for small to medli
larjrc; old chickens, 70S0c:
CANNED Goons Standard neaches. S2 0.VM 10;
extra peaches, $2 352 50: seconds, fl 952 00: pto
peaches, $1 C01 35: finest corn. $1 401 SO; Har
ford county corn. ?l 05I 10; lima beans, $1 20
tl 2: soaked. 8035c: early June pea $1 151 25:
marrowfat peas. 51 05 1 10; soaked. 753300! French
peas. $11 50Q20 to j? 100 cans or $1 4(J 5J dozen ;
pineapples. Jl 231 30: extra do. .! 40; Bahama
do, 13 CO; Damson plums. Eastern. $1 25; Cali
fornia pears. $2 25; 35; do green gages. 11 75;
do egg plums, M 75: do apricots. Jt 002 10; do
extra white cherries. $2 752 5; do white cherries,
2-llicans. $165; raspberries. $1 2SG3I SO: strawber
ries. $1 15l Si; gooseberries. ?l 1055)1 25; tomatoes,
1Jb;)4C: salmon. 1-lb. (1 251 80: blackberries. 70
S0c: suceoush. t-lb cans. sojkmI. 95c; do stand
ard, 2-Ib cans. SI 25(31 60: corned beef. 2-lb cans.
$175180: do 14-lb, st3 00: roast beef. 2-lb. 5173;
chipped beef, 1-lb cans, $1 95(312 00; baked beans.
lobsters. 1-lb. 82 M? mackerel, fresh.
broiled. 31 50: sardine?, domestic in
ci uu; ;tt. tu .o; (3, musiaro, ?3 .a; imponea. 4S,
110 S012 50: imported, fit, $13 oo2300; canned
apples, 3-lb, 7580c; gallons, $2953 00.
BCTTEH-Elgln creamery. 272SXc: other
brands 25C6c: choice to fancy country roll, 22(3
24c: fair to medium grades, lftf&lCc; low grades, 12
15c: cooking, 10llc: grease. 8a9c.
CriEESE-Olilo. l0)10Mc: New York. Ull)4c:
fancy Wisconsin Swiss, blocks, 1415e ; do bricks,
llX12c: Wisconsin sweilzcr, in tubs. 1313)iC:
limburger, llQllfec; Ohio Swiss, 13l3)$c.
Eggs and Poultry.
EGOS-Strlctly fresh Pennsylvania and Ohio, 20
2lc: storage stock, I8:9c.
1-oui.Tiir Live spring cnicRens. 4dc$55c per
.luin sized and 6u65c tor extra
ni ducks. MKrate: eppfuv
75cal 00. Dressed-Uhlckens, 1415c per lb;
UUl.no, ivyilMj lUIKCS, J,)10C
Berries, Fruits and Vegetables.
Cranberries are moving slowly, but prices
remain unchanged at $2 252 50 per box for
Jersey and J2 502 75 for Capo Cods; latter
in bbls, $8 00S 50.
Apples continue in good supply and fair
demand at $1 504B2 00 tier bbl for common to
fair nnd $2 503 00 for choice ti fancy;
qttinces, $3 50a 00 per bbl and 50c 00 per
basket. Peaches contlnne scarco and firm at
$2 5D3 50 per crato and $1 002 00 por basket,
according to quality or fruit tpcars. $3 G06 5J
per bbl, $1 5C2 CO per keg and 75cfi$l to por
basket. Grape continue In abundant sap
ply and are a trifle easier, as follows: Con
cords, In 45-lb bnskef, 10llc: in fQlO-Ib
baskets, 2022c; white grapes, 1415o ior ZUj
4-lb baskets. Lemons aro quoteu at $4 50
6 60 per box, Jamaica oranges at $8 per bbl.
and bananas at $1 001 75 pcr bunch.
The demand for vegetables is improving,
Dut prices remain unchanged us follows:
Cabbage, $1 25 1 75 per bbl and $57 per
100; onions, $2 502 75 por bbl for led and
yellow, and $1 251 35 per box for Spanish;
carrots, $2 252 50; turnlps,$i 002 23; celery,
iouu per uuzen.
Potatoes are selling from storo at 7080e
por bu and $2 I52 51 per bbl; on track, 55
b5o per bu and $2 C01 25 per bbl; Jcney
sweetB, $2 50J 75 per bbl; Baltimore do,
$1 752 25.
BccKwnKAT Flour New. -354310 per ft.
Seeds Cliofcu rec.emieu Western tlinoiny, ?l 95
pcr bushel: choice rcclcancd U estern clover. $7 00;
white clover, J12 00; orchard grass. Si 90;-mlilct,
$1 50t CO. ."'.
1IUANR New York and Michigan pea beans, J2 10
2 15 perl'Ushel: hand-plrkvd n:cilliiui. $2 oc2 8
per bushel: Lima. i4K: leunsjlvanU aud Ohio
beans, St xS.l 95 per DUsUel.
BKJtswAX-Ciiou-c yellow, CQ03JC: dark. 23!3c.
Hoxey New cron wlnta clorer. 2U7,2!c per
-lb: buckwheat, 12S)15c: strained hoiiev, lI0c.
TALiow-Country, 3)4lc per pound; ilty, 4(3
1'EATIIERR-Extr.i llvo geese, 6S60c per ft;
No. 1 do. 48gi0e: mixed. 30ioc.
NUTS-Chestuuts. Ofaioc per ft: 55 503 CO
pcr bushel: peanuts, green, 4ajc pcr pound; co
roasted. (1 15(cOI 30 per bushel.
,iutM 2 aim reuueu, !i miisg 7., ncr barrel: i-cnn-
BILLETS ARE LOWER,
But ITcarly Everythins: Else Shows
a Strong Upward Tendency.
SCRAP FIRM 1ND ADVANCING.
Structural Iron in ictire Demand and
Father Firmlj Held.
FOUNDIEY IRON' IN BETTEE REQUEST
Feiday, Ocx. 7.
Trade in raw iron and steel has been rea
sonably active this week, and for certain
descriptions the demand has been especially
good. The improved outlook in the iron
and steel industry continues to be fairly
maintained, although the change is not so
much oi a quotable character. Consumers
of the raw material are making more inquir
ies and are watching the market closer.
For certain brands of mill iron there is an
improved demand, holders being disposed
to ask an advance, and it is predicted that
the present month will see higher prices.
At present makers are very careful about
accepting contraots for future delivery. On
the whole, producers find much that is en
couraging in the present tone of tbe market
and the general feeling is ono of confidence.
Indications of Higher Prices.
Tbe action of tbe leading Southern fur
nace companies in advancing their quota
tions 25 cents per ton Is looked upon as an
evidence of the Improved condition of the
market, and ono likely to be followed by
other sections. Under ordinary circum
stances the heavy consumption of pig iron
throughout the country, the decreaso in tbe
output to a point at least equnl if not below
tho amount consumed, the gradual melting
away of tho unsold stocks on the furnace
banks, and the fact that the various mills
and foundries have only sufficient material
on band to meet their immediate wants are
all factors that would indicate higher prices
for crude iron. If the furnaces now In blast
wero onlv to be considered, urosnects would
be brighter, as tbe consumption appears to
be taking caro of the output on the present
basis, and in addition, reducing the accu
An Opinion 2Trom the Hast.
An Eastern dealer remarks: "Although
the markot retains some of tbe unsatisfac
tory features recently noted, thero is much
that Is encouraging and points that denots
marked improvement. But tho situation is
not sufficiently settled to wurrant very posi
tive expressions in regard to the mattor be
yond saying that there are more strong
features than weak ones. General business
among consumers of iron is good, and so far
as can be seen is likely to remain so lor
some time to come. Many laige concerns
have a full 'tno months' work in hand, so
that to complete this year's business ac
tivity it onlv requires orders for about four
weeks more work. Hence," it mav be re
garded as settled that price are absolutely
safe for the remainder of 1S92 for most de
scriptions." Current Temper of the market.
In structural materiel the markot is firm
with an active demand. Tbe new buildings
under contract and projected will require
an immense amount of raw material before
the buildings are completed. Holders are
firm at last week's prices. Bessomer is
steady, with current sales $13 "Ojjli 00. In
gray forgo the bulk of the sales are under
$12 SO: somo dealers are holding out for $12 73.
Steel billets continue to bo disposed of at
various nriccs, the illlTorence in values
reaching $1 per ton. Billets for future de
livery sold at $22 per ton, the lowest prices
ever reached In Pittsburg. 'Muck bar is
steady with demand light nnd holdings Arm.
Scrap material is firm with tbe demand
active and prices advancing. Old iron and
steel rails are scarce and prices are firm.
Skelp iron and steel find ready bnyers.
COKE-SMELTED LAKE AITD NATIVE ORES.
3,000 tons Bessemer, city furnace 14 00 cash
2,500 tons llessemer. Dec, Jan 13 83 cash
2,000 tons llessemer. Oct.. Nov 13 80 cash
Z.C00 tons .No. 1 lounfln-. next 3 montus 14 su casu
Hogs Active at tho Central Yards and
Nothing Doing In Cattle and Sheep.
East Libeett, Pa., Oct 7.
Cattle Receipts, 860 head; shipments,
620 bead; nothing doing; all through con
slgnments; no cattle shipped to New York
IIogs Receipts, 3,800 head: shipments. 3,600
head; market active; Philadelpblas, $S OM
C 10; best Yorkers and mixed, $5 906 Ou.
Eleven car hogs shipped to New York to
day. Sheep Receipts, 200 head: shipments. 400
head. Nothing doing; nothing on sale.
1 By Associated Press. 1
New York Beeves Receipts, 2,073 head,
including SS cars for sale; market tlow bus
stendy; native steers, $3 605 15 per 100 lbs;
Texans and Colorados. $2 80Q3 60: bulls and
cows, $1 502 15; dressed beef steady at 79
SKC per lb; uhlpments to-morrow, 1.SQH
beeves and 4,760 quarters of beef. Calves
Receipt, 245 head; market shade firmer;
veal. -$5 008 25 per 100 lbs: Western calves,
(j uuus ' Sheep and lambs Keeeipts, o,6
bead: market firm; sheep, $4 005 50 per
100 lbs; lambs, $5 506 M; dressed mutton,
steady, 78c per lb; dressed lambs firm,
810c. Hogs Receipts, 3,153 head, con
signed direct: nominally nrm at$5C0JG29
per 100 lbs.
Chicago The Evening Jbumcit reportsl
Cattle Receipts, 12.000 bead; market steady
to strong; natives, $3 C05 60; Texana. $1 Xf$
3 00; cows, $1 15SJ2 25. Hogs Receipts, 20,100
head; mnrket510o higher; commem pack
ers, $5 255 35; good packers, $5 405 60;
prime shinplng,$5 655 80: butchers' weights,
$5 7005 75; mixed, $5 505 65; sorted light,
$5 55 50. Sheep .Receipts, 6,000 head;
market weak to lowir; native. $4 235 00;
Westerns, $1 251 50;'lamb3, $3 40g6 00.
Buffalo Cattle Receipts, 127 loads
through, 7 sale; common slow. Hogs Ke
ceiDts, 65 loads through, 32 sale; slow and 10
Q 15c lower. Sheep and lambs Receipts, 9
loads through, 25 sale; steady to sbade firmer
for good stock: fair wethers, $1 75; fair to
good sheep, l 2501 C5.
Cincinnati Hogs active and strong at $1 75
5 85; receipts, 2,600 head; shipments, 2,400
head. Cattle steady at $1 504i C0-, receipts,'
670 head; shipments, 460 head. Sheep
weaker at $2 505 00; receipts, COO head; ship,
ments, 500 head. Xambs dull at $3 03 23.
2.000 tons llessemer. Nov,
z,tw tons llessemer
1,000 tons Bessemer, Nov., Dec
1.C00 tons gray forge, Nov., Dec
J.OCU tons mill Iron
600 tons gr-iy forge, November
600 tons gray forge, Oct., Nov., Dec,
500 tons gray forge. Oet., Nov., Dec.
00 tons Bessemer
330 tons So.'l foundry. .
100 tons No. 1 foundry
103 tons white Iron
100 tons No. 2 silvery
60 tons No. 1 silvery
40 tons No. 2 foundry
23 tons No. 1 foundry. 13 00
23 tons No. 2 foundry 14 (w
25 tons gray forge 12 75
STEEL SLABS AND BILLETS.
6.000 tons billets, December toJIarcb...t22 00 cash
2,000 tons billets, October. November.. 23 encash
z,uuu tons nuieis, uctooer. i uu casn
1,000 tons billets, November. December 23 00 cash
New Yobk, Oct. 7. Tbe drygoods market
disclosed further quietness as to the volnma
of new business, which condition is expected
to continue through the coining week, be
cause of the excitement and diversions ot
the celebrations. Sheetings were firm and
there was an advanco of Kc a yard lu Amos
PmLADELTniA, Oct. 7. Wool in Improved
demand; price steady and unchanged.
IySDorr, Oct. 7. At the wool sales to-dav
8,397 bales of good quality were offered.
There was a very large attondanco and tba
competition was animated ior finest grades
of merinos and cros3 breds.
New York, Oct. 7. Wool in good demand
an d firm; domestic fleece, 2535c; pulled, 200
32c; Texas, 1521c.
New 0M.EA38, La., Oct. 7. Cotton quiet;
middling, 7Jfc; low middling, 75c; good
ordinary. 6c; net receipts, 7,3bj bales;
gross, S.S46 bales: exports to Great Britain.
4,243 bales; to France, 403 bales; sales, 2,650
bales; stock. 90,285 bales. Weekly net re
ceipts, 31,062 bales; grn. 40,619 bales; ex
ports to Great Britain,13.659 bales; to France,
0,793 bales; to tbe continent, 2,758 bales;
coastwise, 2,621 bales; sales, 20,350 bales;
spinners, 928 bales.
Galveston, Oct. 7. Cotton firm; mid
dling, 7 13-16C. low middling, 7 5-16c; good
ordinary. 6 13-lBc; net receipts, 8,105 bales;
gros, 8,015 bales: exports to Great Britain,
10,002 bales: to the continent, 4,798 bales;
coastwise, 3,93 bales; sales, 549 Dales; stock,
88,678 bales. Weekly net and gross receipt.
67,008 bales: exports to Great Britain, 32,846
bales; to France, 4.700 bales; to the conti
nent, 4.793 bales; coastwise, 11,299 hales;
sales, 9,183 bales.
New Yoke, Oct. 7. BpeciaL Bar sHver-ln
London CL higher at sii& per ounce. New
York dealers' price for silver c higher at
85c per ounce.
Lojtxkt, Oct. 7. Amount of bullion with,
drawn from the Bank of England on bal
ance to-day. 40,000.
Loudon, Oct. 7. 4 p. jr. Close Consols,
Money 97 3-16; do account, 973-16: New York,
Pennsylvania and Ohio lsts, 32: Canadian
Pacific, SS: Erie, 26K: do 2ds, lu6; Illinois
Central, I00K: Mexican ordinary,21: St-Faul
common, 80: New York Central, lliV: Mexi
can Central, 1U4: Pennsylvania, 67; Read
ing, S0J4: bar stiver, 3Sd: money, per
cent. Rate of discount in the open market;
for both short and three months' bills,
Closing Philadelphia Quotations.
603 tons steel slabs. November..
600 tons billets, Drompt ,
300 tons billets, prompt
I, COO tons neutral, Oct., Nov ,
500 tons neutral. Oct ,
6CO tons neutral
COO tons neutral :
500 tons narrow grooved
SCO tons sheared iron
350 tons wide grooved
600 tons wide grooved
22 75 cash
, 23 00 cash
, 22 60 cash
, 24 0
, 24 75
.$160 4 El
STEEL WIBE BODS 5 GAUGE AMERICAN.
..$30 50 cash
..$29 SO cash
16 00 cash
.$23 DO cash
tod tons at mill, November.
SCO tons sheet tars. Nov., Dec
FEBRO HAXOAXESZ. .
250 tons, 80 per cent, dcllveied $62 00
BLOOMS AND BEAM: ENDS.
600 tons beam ends
600 tons bloom and beam ends....
600 tons hammered Iron axles, net.
sou ions iron axies, net
20 tons mixed heivy steel, gross
200 tons No. 1 R. R. W. scrap, net....
20OtonsNo. 1B.R. -YV. scrap, net....
200 tons open hearth steel valley del,
gross 16 00
VO tons cast scrap, gross 12 00
200 tons mixed turnings and borings,
ISO tons No. 1 R. R. W. scrap, net.
100 Ions hammered Iron axlci. net.
loi tons No. 1 R. R. W. scrap, net,,
100 tons Iron axles, net
100 tons pipe and lank, net ,
100 tons wrought turntngs.net
100 tons cast borings, gross
OLD lnO.V AND STEEL RAILS, ETC,
1.C01 tons American Ts, October. $21 10
bnuions American is, uct., iov...,
600 tons American Ts
275 tons short pieces steel rails
275 tons American Ts
200 tons steel street rails. Valley del
200 tons American T
150 tons American Ts
CHARCOAL IRONS, ETC-
1C0 tons No. 2 foundry 13 90
HO tons No. 2 foundry 19 00
50 tons No. 2 fonndrr IS 90
COtonswarm blast 19 00 cash
SOtonscold blast 29 00 cash
SO tons No. 2foundry 19 0J cash
Buffalo. N. Y. & Philadelphia... IK
Lebigh Valley ISH
j.cnign navigation &J?
Philadelphia St Eric 20
Northern Paciflc. common 13!
Northern 1'aclflc, preferred 50X
Boston, Oct. 7. 6'pecfat The latest-quo
rations of electric stocks to-day were:
V. E.. pfd
Det. E. Wks ,
Fort Wayne Electric -
Ft. W. Trust (A)
T. II. Trust (C)
T. H. Trust (D)
JL Xm lYa
Boston Stocks Closing; Prices.
10 SO cash
.7 60 cash
. 13 50
. 25 00
, 15 80
, 23 00
, 14 00
21 00 cash
20 50 cash
. 16 OJ
. 13 10
, 21 ro
Atch Top 873
Boston & Albany ....2u5
jioston Jdlamc isi;4
Chi. Bur. & Uulncy.
Eastern R. R. 6s 122
Fitchburg R. R S3S$
Mas3. Central 154
Mex. Cen. com 1516
N. Y. & N.Eng MH
N. Y.4S. Eng. 7S..1C0
Old Colony. 180
Wis. Cen. com. li
Ailouez M.Co. (new) 60
Boston A Mont. ZiJi
Calumet & Hecla. ....233
Catalpa. ..... 15
r rauaiin ........... is
Santa Fe Copper.. -Tamarack....
Anniston Land Co.
Boston Land Co...,
West End Land Co
Lamson store 3
Water Power. 2
Centennial Mining.. tH
u. i. copper... . y;t
Small Orders Numerous.
Chicago, Oct. 7. Special. Rosers, Brown,
& Merwin say: Tho general sitnation in
this market continues healthy, with addi
tional signs o'f Improvement. Both the
Northern and Southern coko manufacturers
are maintaining the firmness reported a
week ago and are selling freelv nt current
quotations, which range 25a to '50u ncr ton
higher than thoso which ruled a month ago.
The Southern furnaces in particular ronorc
that they are well sold ahead, somo of them
on certain grades being unable to tako any
additional contracts for delivory this year.
Consumers aie now conceding ttiat the mar
ket has turned, and small and modlum-sized
orders are numerous lu consequence.
the best remedy is
bronchitis, la grippe,
and croup, it is
Prompt to Act
sure to cure.
lllDES-Uruen steer hides, trimmed. 73 lbs and
up. He; green sb-cr hide, trimmed. 00 to 73 lbs. 6c:
green steer hides, trimmed, under 60 lb. 3)$c:
green cow hides, trimmed, all weights, 3c: green
bull hides, trimmed, all weights, 4c; green calf
skins. No. L 5c: green calf skins. No. 2, 2c: green
steer hides, trimmed, side branded. 4c: green salt
sU'crl, No. 1. to lbs and up. 7l37Mc: green salt
steers. .No. 1, 00 lbs and less. 44c: grien alt
vun, no, j, au weifuus, 1C! green salt can, ,o.
Firmness at Philadelphia.
PHiLADiLpniA, Oct. 7. Special-. Rogers
Blown & Co. say (ho market shows decided
blgns of firmness this week. Cheap orofi
grades of iron have been nobbled un with
f sm prising rapidity. W reler to white and
moctieu anu ts suieious closo foundry
grade. Thpro i' no reason why prices
should not advanco to n point where fnr-nnt-us
can lcUizo the cost ot production.
Steel billets and slabs are still in short
The Advance None Too Much.
Cincinnati. Oct. 7. Specia'. -Rogers,
Brown & Merwin report as follows: While
the maikut has 110: shown unusual activity
the past week, it Inn been demonstrated
that tho advance of 25; per ton, now gon
emllr adopted by Southern fnrnaces,isnono
too much. Sales mado at tliuudvnnca will
more than taku the total product of tho
furnaces since las; report.
I, 8 to is lbs, I,SOoai rrten salt kip, No. I, 16 to 23
lbs. 4050! runuvr ip N. l, 10 to a lbs, s$ici So. 3
aides, 10 off; No, t out, 2c oft
New York Metal Market.
New Yor.n; Oct. 7. Pig iron quiot and
stead; Amorlcan, SI! WQ15 5J. Copper firm;
lakr, U 25011 50. Laatl qulati domestic,
M bO&l 03. Tin dnlli trait a. aio ilflIM 50?
jj?latw quiet and stMdr.
CHOICE TIMOTHY HAY.
Car Lots a Specialty.
238 AND 240 FIFTH AVENUE,
ESTABLISHED 1SS4. .
John M. Oakley & Co.,
BANKERS AND BROKERS,
45 SIXTH ST.
Direct privato wire to New York and CM
cago. Member New York, Chicago and Pitts
Local securities bought and sold for cash,
or carried on liberal margins.
Investments made at onr discretion and
dividends paid quarterly.
Interest paid on balance (since ISSi)
Money to loan on call.
Information books on all markets mailed
on application. ie7
Whitney & Stephensos,
57 Fourth Avenua