davidaulloa/AmericanStories huggingface dataset:
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-08-03
STOCKS UP, BONDS DOWN.
MANY SHARES AT THE HIGHESTN NOTCH
FOR THE WEEK.

Only Moderate Activity Prevails-The Bank
Statement Not SO Favorable as Was Ex-
pected, but the Prices Are Held-Rail-
road Bonds Very Dull.
NEW York, Aug. 1.-The stock market to-
day was only moderately active, but it dis
played q decidedly strong tone on the whole
and enjoyed q substantial rally, many stocks
closing at the best prices of the week. There
were some buying orders for the active mar
ket though disposition was shown to con-
tinue the covering of shorts. To this de-
mand the bears opposed further drive at
the market, but it was directed at Sugar, in
al probability to mask the coverings IN tne
regular list.
First prices were generally from a to 4
per cent better than last evenings figures,
but the pressure brought to bear in the
early trading knocked sugar on per cent,
and others fractional amounts. The pressure
was withdrawn before the expiration OF the
1r5t hour, when disposition to discount
favorable bank statement appeared, and
prices shot up rapidly all along the line;
figures, and the rest of the list followed
closely.
The bank statement proved to be not so
favorable rs expected, the surplus reserve
showing a small decrease. while deposits
were materially smaller than last week. The
upward movement was checked at this
point, but the best prices were well held,
marked movements among the inactive
stocks, and Evansville and Terre Haute,
after rising from ll4]a to liz, reacted to ia
while Cordage preferred rose from s71a to
100, and Tennessee Coal rose per cent
The market closed dull but firm at about
the top figures. The final changes show
material advances in many cases, and Bur
Hngton is up 1ss: Western Union, ~. Atchi-
son, Cleveland, Cincinnati Chicago and st.
Louis, Chicago Gas and Louisville and Nash
vile. each ~, and Northwestern, Cordage,
Northern Pacific preferred and Tennessee
Coal, l per cent each The transactions
reached 6s,17l listed and IL 1G0 unlisted
shares, only st. Paul, with 1l,O5O, reaching
five figures.
Railroad bonds were again very dull,
but while an irregular temper was shown in
general the active stocks were strong. The
final changes, however, are in most cases de-
clines. and Lehigh and Wilkesbarre 5s lost
at 90, and st. Louis, Yandalia and Terre
Haute frsts, ~ at 1074. Cleveland and
Pittsburg 7s rose to 120. The trading ex-
tended to only $297, 600
The following table shows the prices of
active stocks on the New York Stock E1-
change yesterday. Corrected daily for THE
DISPATCH by WHITNEY & STEPHENSON, oldest
Pittsburg members of the New York Stock
Exchange, 81 Fourth avenue: --a.
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-08-03
Harness Leather.

Allegheny tanners report free move.
ment OF goods. The majority are sold
ahead. Prices are unchanged, but with a
continuance of the present active move
ment an advance in rates can hardly fail TO
come in the near fnture. The great crops OF
the country must bring strong demand for
horse equipments. All signs point to good
fall trade. Sole leather is not so active and
prices are weaker
Following are the prices of harness
leather, as established by the Allegheny
tanners:
No trace, SIC y IL: B trace, s5c p n; No. l
extra heavy, 100 fbs and over, 35c q h; 3
extra heavy. SOC - fb: No. 2 extra heavy, 2Sc
p n; No. l heavy, $50 to 160 lbs. Bic y II; B
heavy, 29c y ID: No.2 heavy, &c q u; black
line, 2Sc q b.
The Shoe Trade.
The effect Of the bankrupt sales Of Boston
shoe merchants is still felt injuriously. The
situation is, however, not so bad as it was a
week ago.
The following from the Boston Herald
gives the latest in the shoe and leather line
at the great center of the trade:
About the best feature that can be noted
in the boot and shoe market is the fact of
rather more duplicate orders for goods, with
some new orders for heavy goods. But
after ALL these orders are not nearly up to
where they should have been by the last of
July, and the only indication that the rather
better orders show is that it is possible that
the worst of the recent depression is over.
Still, the heavy bankrupt stocks of goods
are not yet out of the way, and these stocks
are having peculiar effect upon the job
pers in the West and South, and are pre-
venting them from buying goods direct from
the manufacturers, as they now would have
been doing. The idea with the jobbers is
that the bankrupt goods are to be sold low,
and each one hopes to get a share in the
cheap goods.
at is true that there is something of an in
crease in the number of boot and shoe buyers
here in person, and that these buyers are
leaving some new orders and also duplica-
tions of former orders. But it is pretty well
understood, also, that they are interested in
the goods belonging to the bankrupt stocks,
and that some of them would doubtless be
were they offered for sale. The condition of
the West was never better for a good trade
in all sorts of goods, and boots and shoes are
not likely to be any exception. The South
is also in fair condition, and there is sure to
be great many goods wanted in the country
during the coming II months. 1t will only
require restoration of confidence in the
stability of the boot and shoe market TO
cause much better trade and q much
flrner market Perhaps the time for this
sort of market is not yet, but it is coming
some time.
The Leather Market
continues very quiet. 1t is possible there is
a slightly better demand, in cases where
manufacturers have orders for goods and
must have the leather. There are also buy
ers in the leather market who have been SO
fortunate as to have obtained duplicate or
ders on goods, and hence they want the
leather. Everything points to the idea that
are running very closely, and
that the slightest coming in of orders makes
them DuyerS of leather.
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-08-03
HOME SECURITIES AND MONEY.
Features of the Week as Developed in
Local Speculative Circles.

A few good buying orders for Philadelphia
Gas, Luster and Duquesne Traction i'm
parted some animation to the stock market
during the week. Total sales we're L. l22
shares, against IS the previous week. The
only transaction yesterday was IS shares of
Philadelphia Gas at 1lM. E
Closing prices, as compared with those of
the previous Saturday, show the following
changes in the active list: Airbrake gained
2, Underground Cable II, CHARTERS Railway
l, Pipeage u, Philadelphia Gas e. Central
Traction lost 4, Luster l, Electric n, Switch
and Signal "a.
The week in financial circles showed a
loss In bank exchanges us compared with the
previous week. The month, however, scored
a handsome gain over June Bankers are
not frightened. They consider business good
enough for the season.. Midsummer is al
ways dull. The outlook for the fall is re-
garded on all sidns rs of the most encourag-
ing character. There is plenty of money
and no fears of stringency. The Clearing
House report follows:
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-08-03
The Turpentine Market.

WnMINeToN-Spirits of turpentine firm at
&c. Rosin steady; strained, 81 20; good
strained, 81 2j. Tar firm at 81 65. Crude tur-
pentlne firm; bard, 81 25; yellow dip 81 15
virgin, g l5
ACKNOWLEDGEMENTS steady at 32Zc.
hosin firm; good strained, 81 271.
SAvANNAH-Turpentine firm at s3c. Rosin
6rm at 81 20@1 Is.
NEW YoRK-Rosin dull and weak; strained,
common to good, 81 3j@l 40. Turpentine
dull and easy at 35A@3oc.
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-08-03
SATURDAYS PRODUCE MARKETS

CHICAGO-Talk of great crops of cereals
on the floor Saturday caused quite luxuriant
growth to the local bear crop, but when
prices had declined under the weight OF the
conjectured years yield it was found that
= was not all for sale. A short session here
and holiday iE Liverpool predisposed the
spectators to go slow. Trading was very
light but there was nervous, unsettled
feeling, which kept the crowd close TO the
trading pits while the session lasted.
The leading futures ranged ms follows, as
corrected by John NJ. Oakley & Co., As Sixth
street, members of Chicago Board of Trade:
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-08-03

mehts, l,si0: market quiet. about steady;
steers, s. 0O@5 75: cows 81 5O@3 co; stockers
and feeders 81 75l4 %. Hogs-Receipts,
$3.50; shipments, 1880; active, &c higher;
bulk, s. 4O@5 80; all grades, 81 1893 lo'
Sheep-Receipts, 120; market steady.
Indianapolis-Cattle-Re Receipts, 300 head:
market steady; quotations same. Hogs-fe-
ceipts, 1900 head: market slow but STEADY;
choice heavy. S. 50635 G715; choice light, 70 ~
as go: mixed, SIS 25@15 60; pigs, So 50@f TO-
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-08-03
COhRa MarEefs

NEW York, Aug. L-Coffee options steady
and unchanged to 10 points up: sales, 10 OH
Bags, including: August, 1856; September,
l5.559l5.G0c October, A.55c; December, Isl 556
1900; January, l33oc. Spot Rio quiet and
easier; fair cargoes. l9c; No. Z, 1715@I76Sc.
BALTIMoRE, Aug. I.-Coffee quiet; Kio cnr-
goes, fair, i9c; No. z, I715c.
NEW ORLEANS. AuE. l.-COffee rncbonoad
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-08-03
LIVE STOCK MARKET.
Receipts, Shipments and Prices at East Lib
erty and All Other Yards.
OFFICE OF PITrsBURG DISPATCH,
ShTTRDAN Anu

OFFICE OF PITTSBURG DISPATCH,
SATURDAY, Aug. l.
Cattle-Receipts, 65l head: shipments, 65l
head. Nothing doing in the market; all
through consignments. Thirty cars cattle
shipped to New York to-day.
Hogs-Receipts, $500 head; shipments, 1900
head. Market steady. Philadelphias So 700
5 70: best Workers and mixed. So SOFAS 65;
common to fair Workers, IS 03@5 40; fair to
best pigs, 81 0O@4 70. Nine cars of hogs
shipped TO New York to-day.
Sheep-Receipts, 1000 head: shipments, /, 900
head. Market very dull at unchanged prices.
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-08-03
The Drygoods Market,

NEW York, Aug. 1.-Business i'll drypoods
was restricted by early closing and the usual
Saturday half holiday feeling There were
however, more doing than usual on the last
day of the week, some of the leading houses
having very fair morning trade. There was
no new Developments OF other special fea-
tures. The market was steady on the basis
of supply and demand.
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-08-03
Mining Stock Quotations.

NEW YORK. Aug I.-Alice. Loo: Aspen, 200;
Chollar, 2l0; Deadwood, 100: Eureka Consoli-
dated, 230 Hale & Norcross, J75: Homestake,
HOO: Horn Silver, 320 Ontario, $500; Ply
mouth, 100; Savage. 10; Sierra Nevada, 2S5;
Yellow Jacket, no.
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-08-03
Provisions.

A few changes were made in quotations at
the regular weekly meeting of the dealers
to-day, all in the upward direction. The
market was quoted active and strong at the
following
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-08-03

ST. LouIs-Wool receipts, 1900 mounds:
shipments 50 0o0 pounds. The market was
fairly active, but no tendency toward higher
prices was manifested.
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-08-03
s98O,O72 23

SSoO,O1S 23
In addition thereto the company acquires six
acres of land near the city of Wiliamsport a gift
from its citizens, upon part of which its factory
buildings located. which the time of its con-
veyance was valued at $50. 900 and Is much more
valuable now.
books have been examined by Messrs. Bergthen,
HOrley Co., Public Accountants, of IS Pine
street, New York;
I'VE have examined the books of the Demorest
Fashion and Sewing Machine Company for the
months ending the Both day Of April, 1891, during
which period The company manufactured and sold
Its sewing machines, and after making due pro-
vision for depreciation of machinery and plant,
and charging off all expenses including the ex-
penses Of management find the net earnings
for that period to have been slOi. 7S2 q.
BERGTHEIL. HORLEY & CO.,
Public Accountants and Auditors"
1t Is now earning annual net profit of over
slOO, cooper annum, and, 1t is believed. that with
the advantages obtained from this Incorporation it
will be able so to increase its business as nearly IL
not quite, to double the amount of its net profits
No greater proof OF confidence in the profits
of the business could be shown by the pres
ent owners than the fact that their interest
will be represented entirely by common
stock, which under no circumstances can receive
a dividend until after the dividend upon the pre-
ferred stock has been paid. pr
The present management and Its able staff Of en-
ployes will continue with the new Company to con-
duct the business under Board of Directors 10 be
chosen from among the stockholders.
Registrar of Stock.
CENTRAL TRUST CO., NEW YORK.
TERMS OF PAYMENT,
10 PER CENT TO ACCOMPANY APPLI-
CATION,
BALANCE IODAYs AFTER ALLOTMENT.
SUBSCRIPTIONS WILL BE RECEIVED
UNTIL 12 O'CLOCK NOON MONDAY,
AUG. 10, 1891, BY
THE CENTRAL TRUST CO., NEW YORK,
"a WALL STREET,
and
THE FRANKLIN TRUST CO., BROOKLYN,
1S6 Remsen St.,
and at the
Offices of the Company,
II East 14th ST., New York,
from all of whom prospectuses and forms
of application can be obtained.
Advance applications may be made to
either of the above named Trust Companies
or at the office of the Company by letter or
personal call Forms of application and
prospectuses may also be had from the
Company's agents,
STRAWBRIDGE E. CLOTHIER,
Sth and Market sts., Philadelphia
jy30-73-Mrh
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-08-03
Boston Stocks.
Electric Stocks.

ESPECIAL TELEGRAM TO THE DIsPArcHl
BOSTON,, Aug. 1.-The latest electric stock
quotations to-day were:
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-08-03
Philadelphia Stocks,

nished by Whitney 4 Stephenson, brokers. No. 81
Fourth avenue, members New York Stock Ex-
change:
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-08-03
Hides and Calf Skins.

The situation in this line is practically as
it was q week ago. Latest advices from Chi
cago indicate weakness, and buyers are not
so eager as they were a few days ago. Here
there is feeling that prices are down to bed
rock and at our quotations dealers are ready
to take all that is offered Receipts of
heavy steer hides are unusually small, as is
the rule in the summer months.
Following are prices paid by tanners and
hide dealers for stock delivered here:
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-08-03

Metal Markets.
changed.
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-08-03

Il took the stormy sea, and the December
blast, and the desoiate New England coast,
and the war-whoop OF savages to show forth
the prowess of the Pilgrim Fathers
When amid the storms they sang,
And the stars heard, and the sea;
And the sounding aisles of the dim wood
Rang to tie anthem of the free.
Il took all our past national distresses,
and Il tU:es all our present national SORROWS,
10 lift up our nation on that high career
where i. viii march along after the foreign
despotisms that have Knocked and the
tyrannies that have jeered shall be swept
down Under the omnipotent wrath of God,
who hates oppression and who. bv the
strength of his own right arm, will make all
men free. And so it is individually, and in
tie family, and in the church, aud in the
world, that through darkness and storm and
trouble men, women, churches nations are
developed
Again, 1 See in my text the beauty of un-
fa!:cring friendship. I suppose there were
plenty of friends for Naomi while size was
in prosperity; but of all her acquaintances,
hcw many were willing 20 trudge off with
her toward .Iudtea, when she had to make
that lonely journey? 0ne-thc heroine of
NV text. One-absolTtely one. / suppose
when Naomi's husband was living, and fhcv
The advocate., 1891-11-11

regulators, and sffording such privi-
leges as the people have q right to
provide for their own convenience,
accommodation and safety, offers a
remedy for the evil consequences OF
bank failures and money panics with
all their resultant losses and disasters
10 trade and commerce. Such q sYs-
tenn has been adopted and is now in
successful operation in many Of the
other civilized nations, and il has re-
Ceived the approval Of many Of the
prominent patriots Of our own coun-
try. It's adoption is opposed, and
will continue to be opposed by all
who are profting from the special
privileges now enjoyed by corpora
tions. It will depend upon the masses
of the people whether its benefits are
ever made available to them. It is
one of the necessary reforms which
can only be secured by the intelli-
gent exercise Of the elective franchise.
AS the people SOW they will likewise
reap. How long ere they will de-
termine to transact their own bust
ness in their own way and in their own
interest? How long ere this will be-
come a government Of the people, by
the people, for the people7 1t is for
the people to determine.
The advocate., 1891-11-11

regular editorial staff Of the KGns0s Farmer.
Mr.. Cowgirl Is well known throughout Kansas
and the west as an able writer, q splendid busl-
ness man. and clean and honorable gentleman
personally, and In every respect Is valuable
acquisition to this journal.
MIR. Cowgirl Is o native Of Ohio. and Ii now
forty.slx years Of age. He was raised on farm
In Iowa and graduated at the Iowa State UNI
Versly In 1862 where he gave special attention to
science as applied to industry. he settled on q
claim In Kansas In 1871. Since coming to the
state he has had q number Of years experience
In newspaper work, besides his connection with
the Kansas State Agricultural college for some
time as one of the faculty, and his numerous con-
tributions OF important papers to reports Of the
State Board Of Agriculture and other industrial
publications, well fit him for his present work.
Mr.. Cowgirl was state sugar inspector under
Governor Martin and has also made special In
vsstlgatiOns and reports for the United States
department Of agriculture during the past eight
years. His past experience, observation and
study, together with his natural inclination and
special training for I. agricultural journalism,
make him desirable and valuable member OF
the Kansas Farmer company.
The advocate., 1891-11-11

II, sir, leave the Senate Of the United States
with one single regretit is that thls measure,
called for by humanity, by Christianity, by civil
ZatiOn, and by justice, may not be matured Into
your statute book and become 3 law, chat / may
be permitted 20 record my name In favor Of lE
DO you want TO keep the public lands and make
them mere bonuses to large, sNulless corpora
tlons? Do you want to take them from the
many that you may give them &c the few? DO
you want to keep the landless, ,landless the home
less, homeless, the poor, poor, and the wTetched
more wretched still, chat you may bestOw In i'm
mense largesses ON o corporation this poor boon
Of land which belongs Of right to the children
that God has planted upon ltP
What Is the government Of this country
Where does it liveP Have any OF you aver seen
the government? The government Of this coun-
try Is the people. Those are the people upon
whom It 10 proposed to best0w the largess which
win benefit all branches OF industry, commerce,
manufactures, agriculture, by spreading abroad,
wide cast over the land, the means Of happiness,
the means Of comfort, the means Of pr0gress,the
means Of wealth. It TO increase them by TAX
Ing the poor man, the homeless man, and con-
verting him into householder. landh0Idcr,
and q man OF substance. comfort and wealth.
Now, after the lapse Of all these
years, with the Republican party, Gre
sted since those days, achieving ma
tional victories from 1860 down
through the following years most Of
the time the positions occupied by
Senators Dodge and Hale in 1863,
how well would they be literally
agreed to by the present national ad-
mlnistration and it's immediate, most
special friendsi 1t might be proper
for Republican champions to thinkon
these things.
The advocate., 1891-11-11
SUGGESTION TO CORRESPONDENTS.

Not week passes that we do not
receive letters of inquiry in relation
to some of the questions involved in
the ST. Louis, Ocsla and Cincinnati
platforms. Most Of these letters re-
quest personal replies, and yet very
few of them enclose return postage
They also involve the necessary search
for facts and figures which consumes
q great amount of valuable time if
we undertake to give accurate in
formation. While we are willing at
all times to comply with such requests
whenever it is possible to do so, still
we desire TO suggest that the files cf
TBE ADVOCATE will supply the desired
information in almost every case.
The subscription price is only one
dollar a year. Subscribe for it and
preserve it and you will have the
facts you need just when you want
them.
The advocate., 1891-11-11

How SOON can j. X. Hudson find
time to look over the series of ques-
tions we asked him some time ago in
relation to certain statements made by
him IN his speech at Erie, Kan, in
1873. Now that the election is over
we hope hemsy have leisure to attend
to this matter.
The advocate., 1891-11-11
ABOUT PRESIDENTIAL CANDIDATES.

ABOUT PRESIDENTIAL CANDIDATES. +
Now that the campaign OF 1891 is
closed, Demo Republican editors are
confronted with anew problem which
is giving them a heap of trouble and
solicitude. 1t has become necessary
for them to find a presidential csndi-
date for the Peoples party in 1892,
who will be satisfactory to them. It
is not considered particularly import
ant that he shall be satisfactory to
the Peoples party. Indeed, it seems
we are to have nothing to say in the
matter. It will hardly be necessary
for us to call a convention. Senator
Stanford, of California, seems to be
in the lead at present, and it is said
he is willing to put up handsomely
for campaign purposes, should he be
the coming man. How much are the
Kansas City Star and Journal and
other old party papers getting from
the Senator for the little boom they
are giving him? They indicate that
his campaign is to be one of Doodle,
and they of course would not speak
unsdvisedly. They must know, of
course, whereof they speak, and If SO
they must have the means Of know
ing. What was their price?
The advocate., 1891-11-11
CONVICT MINERS IN TENNESSEE.

|he employment of convict labor
in the mines of Tennessee, whereby
resident miners were thrown out Of
employment, has resulted in the lib
Grafton of the prisoners by the labor
ing men. The ADVOCATE is opposed
as a rule to mobs, and to violence in
any form, except under the most sg-
grsvating circumstances; but this case
in Tennessee seems to be one where
mob law is justified if it can ever be
justified under any circumstances.
When wealthy mine owners displsce
honest labor with convicts, in order to
enhance their own profits, while the
families of former employees are left
to stsrve, or compelled to become sub.
jects Of charity, and when law fails to
afford relief from such abuses, there
is a higher law to which an appeal
may be justly taken. How this diff
Guilty will terminate is yet question,
but as honest labor is usually defeat
ed in it's contests with cspitalistic
greed, it is hardly to be hoped that
this case Of the Tennessee miners will
be an exception to the rule. There is
but one remedy for all Of these evils,
and that is a change in our entire So
cial system. This can be accomplished
whenever the prejudices now existing
between the various departments of
labor are removed, and when lsboring
men in all productive industries can
agree to unite for the enforcement of
the demands Of justice at the ballot
box. To this end must our labors be
directed, and in this educational work
we must be prepared for the bitterest
warfare in which the hosts Of labor
ever engaged