Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-07-26
TWO BOOMS LET GO.
Petroleum and La Noria Getting Down
From Their High Altitude.
THE BIG FIDELITY BUILDING.
Destruction of Rural Hostelry That Was
Famous in Days Of Old.
FATALITIES IN TIE HARVEST FIELDS

Two booms In the local speculative mar
ket came to a halt yesterday-those in De
troleum and La Noria mining stock. The
first was started, accorking to good authori-
ty, by the Standard Oil Company to squeeze
the shorts, and the latter to enable few
who bought at " and n to unload at ~
and 2lS. Both deals were we'll managed
and entirely successful. These interests are
feyerish and unsettled, with a retiring dis
position, and their course for few days
will be carefully watched by investors.
The finishing touches are being given to
the magnificent building Of the Fidelity
Title and Trust Company. on Fourth ave-
nue.. 1t stands on lot 45x120 feet, the site
of wilkins Hall, of hallowed memory. The
board of construction, believing in protect
ing home industries, have had all the work
done by Pittsburgers, so far aspossible. The
building was designed by Mr.. james T. Steen.
A. & S. Wilson were the builders. It is
seven stories high. of granite front, and pos
sesses all the requisites to make it thoroughly
hre-proof
The company occupies all of the first floor,
large part of the second and the basement for
its own use. The quarters of the executive
officers are conveniently placed in the main
room. together with the financial department,
with a separate window for ladies. The rear
portion is occupied by m asslve vault comfort
able and convenient parlors, and toilet rooms
for ladies and gentlemen. Persons who have
not remarked the attention paid to this branch
of the business will be surprised to see how
every want has been studied and met
80
It Ia already evident that great many records
are to be broken in railroad trafhc this year.
The earnings of the roads for the first six
months Of the year have been larger than ever
before, but the business Of the last half of the
year promises to be still larger. Northwestern
roads will be severely taxed to carry the enor-
nous crops of grain to market, and they are
pretty sure to get good prices for 1t. This aug
mentation of business should give the stock of
the so-called Changers big boost
Western Pennsylvania is famous for whortle-
berries, commonly called hnckleberries. The
crop this year is unusually large and the quail
ity excellent Ninety cents a bucket is the
ruling price. but they will sell lower before the
season is over. Blackberries are also abundant.
They are selling at 90 cents bucket in the
country towns.
A citizen of westmoreland county, who was
in Pittsburg yesterday. stated as one item Of
news which may interest many readers of THE
DISPATCH that the old Bunker Hill House, in
Greensburg. was being torn down, This land
mark was in the days of Conestoga wagoning
known as the Green Tree stand. 1t was built
between the years l798 and 1901, by Alexander
Mckinney. ST., grandfather of Alexander Nc
Kinney, Esq, who was for years prominent
attorney of the Westmoreland County Bar
and now dead 30 years or more. The old hos
telry was famous for Irish stews and Irish
whisky.
In the days of the sickle, the scythe and the
cradle accidents in the harvest field we're of
very rare occurrence, but since the introduc-
tion of machinery in gathering and storing
away the hay and the golden grain, they are
more numerous than railway casualties. A
day or two ago a small boy named Brown had a
foot cut off in Butler county by a reaper with
which his father was working, In Fayette county
a team of horses ran away with binder and
were badly injured. Improved agricultural i'm
plements are great labor savers, but they should
be handled with the utmost care. Time and
money are scarcely fair equivalents to human
life.
Interviews with number of business men
yesterday were to the effect that the volume of
trade in progress is at least 25 per cent larger
than at the corresponding time last year. Bank
clearings, railroad earnings and the foreign
trade all tell the same story. From present ap-
pearances, too, this activity promises to con-
tInue through the fall and winter.
According to all accounts the wheat crop of
Dakota is as badly off as the peach crop in
Delaware; and it Is susceptible of complete
and absolute ruin with equal frequency. Only
a week ago a shortage of 30 900, ,O00 bushels was
prophesied. and yet the Northern Pacific has
advices direct from the field that wheat in
Northern Dakota and the Devils Lake region
will be 25 to 80 per cent greater than ever be-
fore. The latter estimate is borne out by other
information of a reliable character and is no
doubt Correct.
The iron market continues to improve. There
is better feeling than week ago predicated
upon inquiries, and these are reasonably likely
to result in large orders at an early date.
Prices are firm throughout, with indications of
an advance early in the fall. All the mills that
have completed repairs and started up are run
ming full.
Information comes from New York that c. P.
Huntington has turned over to Drexel, Morgan
d Co. 100000 shares of Chesapeake and Ohio
common stock for 81, go, 900. 1t is thought this
is the completion of a new trunk line for the
Vanderbilts which puts them in a better posi-
tion by owning the shortest line to the seaboard.