Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-12-07
l........s94 IFS. s45 1924, 1so, $50
The Anthra cite Trade.

The anthracite coal trade is reported to
have been benefited materially by the colder
weather of the past two weeks, and inform
alton regarding the condition Of the coal
business from all quarters, both East and
West, is of satisfactory character, says the
Philadelphia Ledger. There has been an i'm
proved demand for the prepared sizes OF
anthracite, and the small steam Goals are in
short supply, the market requirements
being largely in excess OF the supply at
present. The prices for anthracite have also
stiffened, even for the inferior grades OF
coal, and there is now heard less talk OF
shading from the circular figures. The out
put of anthracite is being we'll held in han
by the producing interests, and all Of the
carrying companies are said to be now
working into closer harmony.
Financial Notes.
Kuhn Bros. and II. NJ. Long sold Duquesne
traction to-day, and j. B. Barbour, Law
renee & Co. and Hill & Co. bought
Morris Brown sold Philadelphis Com
pany to Hill & Co.
Kuhn Bros. sold Luster to Hill & Co.
The following gentlemen were to-day
elected directors of the Monongahela In
surance Company: William A. Caldwell,
George A. Berry, George w. Dilworsh,
II. Spang, j. W. Dalzell, John G. Stephen
son, Charles H. Shinkle. A. D. Smith,
Nathaniel Holmes, H. l.. Mason, John Cald-
III, H.. .. ~.
Secretary george II. Thurston gives notice
to stockholders OF the Pittsburg and Mexi-
can Tin Mining Company that the certif-
Gates of Pittsburg Gold Company stock,
from which a dividend was declared to the
stockholders of the Pittsburg and Mexican
Tin Mining Company, are now ready for de-
livery. 1t Is necessary that the stockhold-
ers should come to the office of the company
certificates they are entitled to, and Sign
the receipt for the dividend.
1t is stated that the lnte Joseph Walton
carried $780, 900 life insurance in two COM
panies, 100000 each in the Equitable and
New York Life.
Nominations for officers and directors of
the Exchange will be made on the goth in
stant Messrs. Whitney and Stephenson
control u big majority of the memberships,
and it is thought they will have something
to do with the makeup of the ticket.
The Philadelphia Company has brought in
another good gas we'll on the Howe farm in
the West Elizabeth field.
From Sproul & Co.'s market letter: The
news from Brussels to-day was exceedingly
discouraging. II current reports are to be
accepted, the end OF the conference cannot
be long delayed, and its conclusion, it
furthermore seems, will be without result.
A sharp drop in silver was the natural
sequence OF this, and though silver itself has
no real bearing upon the general market, the
latter was weak and declined readily. The
TACT of the matter seems to be that Wall
street regards an agitation for the repeal of
the Sherman act as inevitable and is dis
posed to leel dubious, not only about the
result but regarding the time which may
be required to accomplish 1t. Rumors of q
renewal of gold shipments added to the un-
settled feeling, while the assembIage of
Congress is believed to furnish opportunity
ior attacks upon the industrial organiza-
tions.
j. S. Bache & Co. 60 Oakley Co.: The
Presidents message was an unimportant
document 1t touched upon all questions,
but il Goes not bring forward any new
ideas. The President thinks that nothing
ought to be done with silver Until our repre-
sentatives arc heard from at Brussels, and
this part OF the message was favorably COM
mented upon. 1t is to be hoped that the
conference will get over their labors soon,
so that u repeal OF the 1880 law can be
brought forward. The price of silver was
notably weak, and 1t declined on small
sales. Some people say that the miners ut
Creede are so rich with ore that they can
afford to sell it at 80 and still nuke profit
out of it.
An authority on the matter says It will not
make particle of difference to the Union
Switch and Signal Company If the Johnson
Company wins in the litigation. as, of the
two patents litigated, one has already e1-
pired and the other expires within two
years.
The London Times, speaking editorially OF
the Monetary conference. says: 1T is not
ference has already resulted in failure"
The earnings of the Buffalo, Rochester
and Pittsburg for the fourth week Of No
The earnings of the Wabash Tor the fourth
week of November increased ST, 900; for the
month they show decrease OF SIS. 500.
The st. Paul's earnings for the fourth week
OF November increased $S9, ,325; for the month
of November the increase was $I26, lis
The Board of Directors OF the Commercial
Cable Company have declared n quarterly
dividend Of ~ per cent, payable January 3,
1898. They have also resolved to redeem
$500, 900 of the outstanding deDentures OF the
company January 10. 1898.
For the mon til of November the Pittshurg
and Westerns earnings were $l9s, ,6sl, an in
crease of So, 172.
The directors of the American Sugar Re-
nning Company have declared the usual
quarterly dividend of ~ per cent on the
common and 81 per cent semiannual on the
preferred, both payable January g. 1898.
Sales and Closing Quotations.
$50 far as transactions were concerned the
stock calls to-day resulted as follows:
FIRST CALL-No SALES.
AFTER CALL.
Bshares Lustre Mining Company