davidaulloa/AmericanStories huggingface dataset:
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-02-22
IRON TRADE REVIEW.
A Slight Falling Off in Prices Noted
in Some Lines at Home,
no CHANGE NOTED IN THE WEST.
The Feeling is Conservative, but Healthy
and Hopeful.
STOCKS on HAND ARE GETTING LOW
OFFICE OF PTTTsBURG DISPATCH,
THURSDAY, February q, 1890.


THURSDAY, February q, 1890.
Trade has now been quiet for fully 90
days and in that time the cost of production
has been increased materially by the ad-
vance in coke and the stronger prices Of
ores. The looked-for revival in trade has
so far failed TO put in an appearance. On
the contrary prices are slightly off from a
week ago in some lines Mill iron is fairly
steady at last weeks prices Bessemer is,
however, lower, and prices are fully 81 per
ton below the highest point reached few
weeks ago. The fact is that during the
boom in December Bessemer irons advanced
relatively more than mill irons, and was
bound to have fall.
Said leading dealer to-day: "The differ
ence between BeSsemer and mill iron the
past few months has been greater than have
ever known it to be. Even at the drop of 81
per ton on the former the gap between the two
classes of iron is wider than usual"
T..ere are rumors of sales of Bessemer iron
at So per ton, but, so far as could be traced,
there were no bona hde sales under 81 5O
Steel mails are lower and markets are weak.
Wire nails are fairy steady at last weeks
prices.
Transactions in all iron and steel products
have been light the past week. There is how
ever, still general feeling of confidence that
there is to be no reaction to the recent activity
this year.
The fact that the British iron markets have
recently taken an upward turn has served to
give new strength to this feeling of confidence.
Manufacturers of standard brands show no
disposition to concede. The heavy stocks laid
in at the close of last year by consumers are
fast melting away and the time for replenlsh-
ing cannot much longer be delayed. Only
those whose necessities force them to it are
willing to make concessions.
Following are latest quotations as furnished
by leading operators in iron and steel:
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-02-22
IT MOVED A CENT.
FIrmness and DulIness characteristics Of the
nil MarLet-F;al6 No,e.

FIFmness and Dullness characteristics Of the
Oil Market-Field Notes.
The oil market moved on a slightly higher
level of values yesterday, but there was no
improvement in the way Of business. There
was nothing done for quite while after the
opening, then on little buying squirt frac-
tional advance was scored, after which the mar
ket dropped into an apathetic condition,
which lasted until well along in the afternoon,
when an attempt was made to build it up, but
met with such opposition that the effort was
soon abandoned The market then sagged, but
later on near the close rallied somewhat and
finished steadyat next to the highest point OF
the day. The range was: Opening, 81 OH;
highest, 81 051%; lowest 81 0415; closed. 81 o.
Thursdays clearances were $50 600 barrels
In the Warrington, w. Va, field operations
are impeded by bad ROADS, but leasing is active
and big bonuses are being paid. The Burt well
due in about 81 days, is expected to be a
gusher.
Robinson & Co.'s Beck farm well. in the Char.
tiers Valley field, was shot and after clearing
itself out sprayed pretty strongly. 1t will make
In the Eureka field. Borchero & Co.'s McCul-
Tough well is producing 225 barrels day. Nc
CullOugh & Co.. well On the Noland farm at
Northern Run Is Completed and doing 25 barrels
aay. Long GO. have completed TWO 20bar-
rel producers in their Nos. and on the Atkins
farm. Their No. 3 on the same farm is a
duster.
The test well drilled on the Rapp farm at In
dustry mas come in as dry hole, the sand being
struck at about LOCO feet. A second one will
probably De drilled.
Grace Co.'s No. 8. on the Ferguson farm, in
[he Snannopln field. struck the sand and started
moving at the rate of 35 barrels an hour. 1t is
being drilled deeper.
The McCalmont Oil Company's well on the
Swint farm in Allegheny county. on the exten-
sion of the Duff City field, has been shut down
for tankage.
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-02-22

DIX. SdAhEh. 10 1OE udyo. <A4
my disease further advanced had to void my
urine very often, which was attended with
great pain, and also had much pain about the
bladder. My appetite left me- had belching
OF gas, and bad taste in my mouth. My mouth
and threat would fill with Shiny mucus, and
tight hacking cough set in. with an aching and
burning sensation in my breast, night sweats
further reduced me, and became very weak.
was compelled to break several engagements,
my health not allowing me 70 follow my usual
business ! had received treatment from sew
eral prominent physicians. but received no
benefit. Being advised to consult DR.. Shafer,
Of the POlypathic Medical Institute, in regard
to my case, 1 did so and, finding their charges
very reasonable, l began treatment, and am
glad to say that have been entirely cured OF
my disease. &C. SCOTT CHAMBERS"
Mr.. Chambers is prominent actor and musi-
clan, and is well known in Allegheny and Pitts
burg, and will verify his statement to any one
who will write him or call at his home at No. q
st. Clair street, Allegheny.
FREE TREATMENT will be given the
worthy poor on every Friday afternoon.
All forms Of kidney and urinary diseases,
chronic diseases and surgery successfully
treated.
Office hours. 10 A. NJ. to P. NJ, and to 8 p.
N. Sundays, l to Pm. Consultation free
and strictly confidential. Patients at distance
treated with success by letter. Send two
2cent stamps for a question blank The Poly
patbic Medical Institute, 40 Penn ave. Pitts
burg, Pa. fe13TTs
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-02-22
AFFIRMATIVsLY RECOMMENDED.
A Number of Ordinances Meet With the
Proper Approval.

A Number of Ordinances Meet With the
Proper Approval.
The Committee on Public Works met yes
terday afternoon and affirmatively recon-
mended the following ordinances:
Grading, paving and curbing Arlington ave-
nue. from Washington avenue to South Eight
eenth street; Boquet street from Atwood to
Bates; York alley from Bates to Louisa street:
Park avenue from Frankstown avenue to Shet-
land avenue; Luna street from Park avenue to
Everett street; Mckee place from Fifth avenue
TO Frazier street; Braddock avenue from Penn
avenue TO the city line; Breed alley from
South Fourteenth street to Union alley;
Mif1in alley from Thirtv-eighth street to
Denny alley. Defeating Calvin and Keller
streets from Forty-second to Forty-fourth
streets Grading Yew street from Matilda
street 250 feet eastwardly. Lowry street from
Second avenue to Shippen street. Paving and
curbing HaZelwoOd avenue from Second ave-
nue. to Shippen street. Opening Fifth avenue
from Frankstown avenue to Shetland avenue,
Cicero alley from Maple to Emerald streets,
Rebecca street from Run avenue to Black
street, Gloster street from Remove TO Allie
gheny streets, Cypress street from Edmond
TO Matilda streets, Sharp alley from Euclid
to Beatty streets. Sewer on Walnut street
from Aiken avenue to Ivy street, Grazier
street from Homewood avenue to Long street.
Margaretta street from Euclid to Highland
avenues. --...i .,.,ss e..
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-02-22
Grain, Flour and Feed.

There were no sales on call at the Grain Ex-
change. Receipts as bulletined. 26 cars. By
Pittsburg, Cincinnati and st. Louis. cars Of
corn, 5of oats. 1 of wheat, of hay. By Pitts
burg, Ft Wayne and Chicago, 8 cars Of -four.
BY Baltimore and Ohio. l car of corn, 8 Of hay
By Pittsburg and Western, cars Of hay, of
corn. By Pittsburg and Lake Erie, 8 cars Of
corn. 5 of oats of hay. Cereal markets have
developed no new features since our last re-
ports The situation continues in favor Of the
buyer all along the line. While our quotations
still hold good, there is little doubt that some
shading Is done. The -four market is particu-
larly SLOW and slight concessions are no doubt
made on prices below.
Prices below are for carload lots on track.
WHEAT-New No. red o2GS3c; No. 3, 100
S0c.
CoRN-No. yellow, ear, new, 35@S6c; high
mixed. new, 3314Q3415c; No. yellow, shelled,
old 36140S7c: new, 33034c. Rejected shelled
oATseNo. white. 2S@2S1Ic; extra, No. 8. q
@2711c; mixed. 25@2Sc.
RYE-No. Pennsy ylVania and Ohio, 53954c;
No. Western, 5l@52c.
FLoUR-JoDbing prices-Fancy winter and
spring patents IS 0005 50; winter straight,
81 25@4 50; clear winter, 81 00G4 25; straight
xxx bakers, So 5OQ3 70. Rye -four, 50 5O@
475. .,
Observation-Disclosures, fine white. SIS 5O@
16 % y ton; brown middlings, Sl2 OO9l4 0O,
winter wheat bran, sl2 5O0l2 IS: chop feed,
SIS 50@16 o.
HAY-Baled timothy, No. l, sll OO@I1 50; No.
according to quality; No. 2 prairie hay, 81 OO0
> %: packing do, S6 50G6 IS.
STRAw-Oat. Sc 1897 90; wheat and rye
straw, So 00G6 25
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-02-22

Of, colder wave and bidding by insiders. They
held firm until late in the afternoon, when
Lackawanna and Reading broke about point,
while Jersey Central closed at the top notch.
The fact that the coal stocks do not follow
the general list is doubtless agreeable to the
few outside holders, but it plainly shows that
they are cliqued.. As they are manlfestly held
In the hollow of the hand of the persons con-
trolling them, no outsiders will come in to buy
the shares. 1t then becomes a question OF
patience on the part of the cliques who cannot
sell without seriously breaking prices but who
appear to be reluctant TO accept this result.
Cotton oil broke ~ points under heavy sell
ing but 1t recovered most of the loss before he
close. We think it will go lower because we do
not believe that there is any profit in the busi-
ness in view OF the low present and prospective
price Of lard.
Tennessee Coal and Iron got another bad
break, opening at 70 selling down to % and
rallying to IS. Such breaks as this and those
that preceded it i'll Reading incomes, in Chesa-
peake and Ohio, in Chicago and Eastern Hill
nois in. Cleveland, Cincinnati. Chicago and
81. Louis are SO sudden and decisive that
holders OF other shares ask themselves what
stock will go nextA The market is nervous and
shadows hover over il that are not likely to be
dispelled until further liquiGations occur.
The bank statement intensified the bearish
feeling as to ultimate results. though shorts
rushed in as they usually do to cover on bad
news The banks lost S2S00 600 in reserves, but
as Ine deposits were on SZ,OUO,UUO lne acLudl
cash reserves were nearly 81 500, 900 below last
week. The loans were a trIfle larger, and are
up to the maximum figures.
Money is easy enough now. but since the
interior has again begun to draw from us and
the treasury is pulling cash from the CONNER
cial system the reserves promise to run down
to the point where money will suddenly be-
come dear again. People are not in a humOr
to buy stocks, and arguments about big crops.
increasing tonnage, improving earnings. ETC.,
will not persuade them. There are a lot of
room traders who cover their shorts or Dlong
sell out at the end of the week, and as the
former interest predominated this week there
was little rally in the latter dealing, but we
believe it will give way to lower prices next
week.
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-02-22
DOMESTIC MARKETS.
Eggs and Cheese Show an Upward
Drift Since Lent is Here.
POULTRY QUIET-BUTTER STEADY.
The Cereal Situation Continues in Favor Of
the Buyer.
ACTIVE MOVEMENT In GROCERIES
OUIET-BUTTER STEADY.
ACTIVE MOVEMENT IN GROCERIES
OFFICE OF PITTSBURG DISPATCH,
FRIDAY, February q, 1880.
Country Producs-Jobbinr Prices.

Country Produce-JObbing Prices.
The arrival of the cold wave and Lent has
stiffened prices of eggs. There is an active
movement in the past day or two, and single
cases are selling at l7c per dozen. Poultry is in
better supply and markets are easier than for
a week or two past There has been a slight
advance Of creamery butter at Elgin, but not
sufficient to advance prices in this market.
Cheese is very firm and an early rise is antioi-
pated by jobbers. The general produce trade
continues uncomfortably quiet
BUTTsR-Creamery, Elgin, SO@31c; Ohio do,
T@2Sc: fresh dairy packed, 22Q23c; country
rolls, l9Gl20c.
BEANs-Navy hand-picked beans, g OO@2 25:
medium, 81 1892 co.
BEEswAx-502Sc p b tor choice; low grade.
1S@2Oc.
@5 90; crab cider, SS OO@s so q barrel; cider
vinegar. 10@l2c p gallon.
CHEsTNUTs-s5 OOQ5 so p bushel; walnuts.
60G70c p bushel.
CBEEsE-Ohio. n@1l%c; New York. 11Sc;
Limburger, 916@1lc; domestic Sweitzer. 1IQ
1870; imported Sweltzer. 2314c.
EGGs-l5Q16c y dozen for strictly fresh.
FRUITs-Apples, fancy SO OO@3 Is q barrel;
cranberries, 81 00@4 % a crate; strawberries,
35640c box.
FEATHERs-Extra live geese, 5O@6Oc; No. /,
do, 40045c; mixed lots, 30@35c p h.
PoULTRY-LiVe chickens, 75@SOe a pair;
live turkeys, 13@l4c y b; dressed turkeys, l70
l8c p b.
SEEDs-Clover, choice, 50 rs to bushel, 81 2O0
40 p busbel; clover, large English, 50 lbs,
81 3594 so; clover, Alsike, IS 90: clover. white,
SO 90; timothy choice. 45 Bs, 81 6OQl 20; blue
grass, extra clean, IA rs, 81 25@l 30; blue grass,
fancy, IA Ms, 81 30; orchard grass, Il n, 81 40;
red top, IA rs. 81 90; millet so Bs, 81 10; Hun
garian grass, 50 Bs. 81 90; lawn grass, mixture
of fine grasses, 81 so y bushel of IA Bs.
TALLow-Country, 324c; city rendered, 474c.
TROPICAL FRUTTS-Lemons common, So 10
@3 50; fancy, 81 00G14 so: Florida oranges 81 80
@3 so; bananas. 81 1872 90 firsts, 81 00@l %
good seconds, p bunch: cocOanuts, 81 00@4 30
p hundred; figs, S1599c p d; dates. 614G711c p
b; new layer figs, l214Ql511c; pine apples. 81 50
p dozen.
observation-disclosures, from store, 55@60c;
on track, 45@50c: cabbages, 81 OO@2 so barrel:
Dutch cabbage, sI6 10 q hundred; celery 40c p
dozen; Jersey sweet potatoes, "a 25Q4 SO a bar
rel; turnips, 81 00@1 25 barrel; onions, 81 50Q
5 20 barrel. 81 5O0l IS p bushel.
BUCKWHEAT FLoUR-2Q21zc p pound.
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-02-22

lemons, Is to S5c per dozen; oranges, 25 to 4Oci
lettuce, to l0c per bunch; beets. new, l0c, old,
&c; string beans, Sc a quarter peck; onions,
40c a half peck: Spanish onions. 5 to lOc each;
turnips, zoe per half peck; cranberries, loc
quart; cucumbers, Is to zoe apiece; mushrooms,
81 pound; radishes. Sc: asparagus,zOc bunchi
strawberries. SOC quart
Choice creamery butter, CSC. Good country
butter, SOC. Fancy pound rolls, 35c.
The retail price for fresh country eggs is ZVc:
The range for dressed chickens is 75c TO Il 70
per pair: Turkeys. 20 to 25c per pound. Ducks
81 % to 81 90 per PAIR.
Ocean Products.
Following are the articles in this line on
the stalls, with prices Lake salmon, l21fc; CALI
fornia salmon. 4Oc per pound white hsn,
l216ci herring, 4 pounds for 25c; red snap
pers, Is to Zoe per pound; Spanish mackerel, SOc
to S5c pound; sea salmon, 4Oc q pound;
blue hsh, 25 to 30c; perch, l0c; halibut, Zoc;
rock bass SOC; black bass, Zoe; lake trout lz1Sc;
Holsters, 26c: green sea turtle, &c; mackerel
2Oc small, 40c large. Oysters: n. 7. counts
81 70 per gallon; clans, 81 % per gallon; scol-
loDs 5Oc a quart; frogs, 81 90. per dozen;
soft shell crabs, IS per dozen; devil CRABS, Soc
per dozen.
Flowers.
La France roses. SS per dozen; Mermets, 81 so
per dozen; Brides, 81 so per dozen; yellow and
white. 81 50 per dozen; American Beauties, 81
TO 81 so apiece; Magma Charta 81 TO s. 50 apiece;
lilies, IS bunch; tulips, 76c per dozen Vlolets,
50 so hundred.
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-02-22
FOUNDRY IRON In DEMAND.
Transactions Are Limited to Small Orders,
but the Feeling is Encouraging.

but the Feeling is Encouraging.
ESPECIAL TELEGRAM TO THE DIsPATCH.I
PHILADELPHIA, February 2l-Foundry iron
Is in better demand, with sales of ordinary at
rates quoted below, and from SOC to 75c extra
for fancy. The transactions were limited to
small orders, but furnace men are encouraged
by the new business. There is no material ac-
cumulation in the hands Of producers, while
the stocks Of consumers of pig iron are reported
as becoming depleted. The sheet iron mills are
closely sold up, but business in other lines is
reported quiet and in some instances quotations
are nominal Furnacemen are still quoting SO
for No. ! pig, SIG for No. 2 and SIS per ton for
gray forge delivered at Tidewater with SOC
extra for fancy brands. Bessemer pig is nomi-
nal at 81 at the furnace. Steel rails are quiet
at SIS at the MILL but old rails are moving more
freely at S27 so to SIS delivered at mills. Billets
are unsettled at S36 50G37 90 delivered Blooms
are steady at S52Q5S for hot blast charcoal and
S5z655 for cold blast delivered while run-out
anthracite brings S44@45 per ton. Muck bars
are dull at s3l 1882 at the mill.
Mills are very busy turning out bar iron, but
new orders are few. The top price on best re-
fined bars is 295c per pound. Skelp is steady
at L95d200c for groOved, and 210G2l5c for
sheared. Plates are quiet and steady, the
prices for iron and steel being respectively as
1OlleWs: Tank. 225I250c and 26562 75c; shell,
265c and SO0GS. l0c; fange S25c and 225Q3 35c;
frebox. 275c and 375G425c. Bridge plates are
quoted at 230Q2S5c; angles, 225G2.30c Tees,
2S0G2s0c; beams and channels at &c, lc for iron
or steel Scrap iron is irregular, with sales of
wrought at S24 O0@25 90, and the best machinery
scrap at SIC O0Ql5 90 per ton.
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-02-22

cured shoulders, SIC; sugar-cured. boneless
shoulders. nc; sugar-cured California hams.
SIC; sugar-cured dried beef fats, &c; sugar-cursd
rounds. 12c; bacon, shoulders, SIC; bacon. clear
sides. TIC; bacon, clear bellies. 71<c: dry sais
shoulders, &c; dry salt clear sides, &c. Mess
pork, heavy. Sll 90; mess pork. family, tl2 00
COD tubs, 8c; 2O-b pals 6<e; 50 D tin cans 5zci
S-b tin pails SIC; 5B tIn pals, SIC; 1O-D tin
pals. &c; 5b tin pals sc. Smoked sausage,
long, &c; large, SC. Fresh pork links, SC. Bone
less hams l01le. Pigs feet. half-barrels. - 90;
quarter-barrel 50 l5
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-02-22
fraction at 50; 50 Pleasant valley at 251l. and

Traction at 80; 50 Pleasant Valley at 251z. and
10 Luster at 20.
At the afternoon call shares Luster brought
20, IS Pleasant Valley 2511S 100 Central Traction
30. IS Philadelphia Gas $50. and 10 Pennsyl-
vania Gas 131< Before call 200 shares of Pitts
burg Traction went at 393z,
]. F. Stark sold 100 shares OF Pleasant Valley
ut 25l<, and 81 Pipeage at l515. Andrew Caster
sold so shares of Pleasant Valley at 25H. w.
r. MaxOn sold ITO shares Central Traction at
301S, so at S05s; 100 shares Pleasant Valley at
25z, and 10 shares Luster at 2lL
Rea Bros. & Co. sold 10 shares Westinghouse
Airbrake at l09, 10 Philadelphia Gas at $50
and Is Pleasant Valley at 25
The total sales of stocks at New York yester-
day were 369, 023 shares, including Atchison,
1900; Delaware, Lackawanna ana Western,
17.709; Denver, Texas and Fit. Worth. S,42O;
Louisville and Nashville, 25,S63; Missouri
Pacific, $3.50; Northwestern, 7,l8O; Reading 70
500; Richmond and West Point, u,546; st.
Paul, 2SSl5; Union Pacific. l21435; Western
Union. go
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-02-22
HAD TO BE CUT OFF.
Why All the Library Opening Speeches
We're Not Made.

Why All the Library Opening Speeches
We're Not Made.
The fact that the President and Mr. Car
negie were obliged to leave before the exer-
cises at the Carnegie Music Hall were COM
pleted last evening was manifest to all the
audience from the movements of the party.
Rather than permit the guests of the even
ing to leave in the middle of the exercises,
Mr.. Scott correctly judged it best to wind
up the exercises, as was done.
This necessltated the omission of four
speeches which were on the programme
The omitted speakers were Judge Ewing
on 1.-THE Judiciary;" S. Sehoyer, ESQ.,, on
1.-THE Bari" G. D. Brigham on "The Press"
and as the closing speech. Hon, Thomas NJ.
Bayne, as the especial representative Of
Allegheny in Congress, on "The Ways and
Means" The failure to call on these gen.
tlemen was regretable; but as everyone
recognized, was also unavoidable.
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-02-22

NEW YoRK-Clearlngs, s1l9, ,175, ,66S; balances,
S696, 434. For the week-Clearings, $685. $40, ,S53;
balances, SSl, ,925, 334
Observation-Disclosures, SIS 261, 1885, balances. ST.
4S4 504 For the week-Clearings, S6 726. .4o4;
balances, SS.970,310 For the corresponding
week last year-Clearings, $Sl, ,l94, 1855; balances
S.972, 100.
PHILADELPHIA Clearings, 81, 947; bal
ances, s., ,S9l 173. For the week five days)-
Clearings, $50, 1853 354; balances, So 124779.
BALTIAoRE-Clearings, 81 22O9,574; balances,
S2Sl, ,004.
LoNDoN-The amount of bullion gone into
the Bank of England on balance to-day is
sl23.000.
PARIs-Three per cent rentes, ssf for the ac-
count.
CHICAGo-Clearings. S9, ,7760 900; for the week,
$50. SIS, ,646. Money steady at 57506 per cent on
call, and 614071< per cent on time loans. New
York exchange was Soc discount.
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-02-22

TkFECINL IE4ll1S5lI1A1l 10 TIE UIsFAIOHss
CINCINNATI, February 2L-Rogers, Brown
& Co. say: This week has been rather quiet in
all directions. Foundries and mills needing to
replenish stocks for current needs are buying
only what they require for a month or two
ahead. Some large contracts that have been
placed have stimulated activity in that branch
of trade, West leading. Southern furnace
companies have not yet conceded a cent in
their prices, and the result is that such busi-
ness as has been current has gone mostly to
those having odd lots to sell, or to the few fur
naces that are not acting in harmony with
their associates. Most of the iron in second
hands is unquestionably disposed of, but there
is enough left to give buyers a formidable club
to work with whenever they have occasion to
test the market Shipments are going forward
rapidly on all orders.
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-02-22
Other OIL Market.

OIL CrrY. February 2L-Petroleum opened
at 81 047s highest 81 05ss lowest, 81 04sS; closed
at 81 041s.
BRADFORD, February 2l.-Petroleum opened
az 81 04S; closed, 81 05s highest, 81 05ss lowest,
81 04k
NEW YORK, February 2l.-Petroeum opened
irregular spot being steady at 81 04&, while
March was firm at 81 O51I. A slight advance
in the early trading was followed by reaction,
after which the market became quiet and closed
at 81 O5Z Stock Exchanges: Opening, 81 OH;
highest, 81 051f; lowest 81 045S; closing 81 051z.
Consolidated Exchange: Opening 81 051z; high
est 81 0516: lowest, 81 043<; closing, 81 051S
Total sales, 397, 900 barrels.
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-02-22
COu,eryarive. but Healthy and BOpefuI,

ESPECIAL TELhGhAh ~ Ihk DlSPATCH.l
CHICAGO February H.-Rogers Brown &
Co. say: Stocks in consumers hands are in
many cases running close, and new buying is
made necessary. This has yielded fair ton
mage in new orders the past week Beyond this
buyers are not yet ready to go, believing that
they will gain advantage by waiting still longer.
Some lots of iron have been bought at absurdly
low prices in the last few days from parties who
had bought some time back and were not in DO
sltion TO receive shipments on arrival. Lake
Superior charcoal iron continues very firm, and
the demand springing from late large car con-
tracts. coming on a market bare of stock, may
carry prices still higher. The general feeling is
conservative, but healthy and hopeful.
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-02-22
watching a wild Cat Wen.
SPECIAL TELEGRAM TO THE prsPArcH.

WASHINGTON, Pa, February 2I-The Zedi-
ker wildcat WELLS drilling in the sand but so far
has no oil. The sand is reported to be of good
quality. The drill is not far enough in the
sand to reach the pay streak but it will proba-
bly, be struck within the next IL hours. This
well, if good, will open up avast amount of un-
deYeloped territory.