davidaulloa/AmericanStories huggingface dataset:
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-02-27
Groceries.

We note some Improvement in demand,
but prices are practically the same as they
have been this past week. Coffees are firm,
and sugars quiet. Canned goods give signs
of an advance.
GREEN CoFFEE-Fancy, 22@23c: choice Rio 211x
@22kc; prime. 20c; low grade Rio Is@lsc; old
Government Java, T@29c; 'Maracaibo. 2i@22xc;
Mocha, 2s@29c: Santos. 2I4@221ec: Caracas, 23J6
@g1zc; La Guayra. 2ilfS22Jfc.
ROASTED Gin papsTsJ-sta9d ard brands. 10. g.s5c;
SaE assaic; Msfssal6e %sass SANTOS. is9e 80
&c: peaberry; 26sc; choice Rio, 2llsc; prime Rio
sPIcEs twholeJ1Cioves. iOSlae: aiispice, 1Oc:
cassa Paa,S &C. PePpe5 he; nutmeg 7ossoc
Ohio i2oo. 7ibc: headlight i5oo test. SIC; water
white. 710sc: globe. 149l4ltc: elaine i3c: carna-
dine he: royaiine, 14c: red oil, 1O49nc; purity.
MINERS OII-No 1 winter, strained, saq4Oc per
ssTap aeS SCI eSiss svrup
sagsSc; prime sugar syrup oo@32c; strictly prime.
Il; o. MoLAssEs-Fancy new crop. 4o@42c;
choice. 4o@4lc: old crop. 3e@asc; N. o. syrup.
,sopA-Bi-carb. in kegs. s4@ssc: bi-carb. in Us,
SIC; bi-carb. assorted packages, 5A96c; sal soda,
in kegs, &c; do granTlaIed anu e
set, SIC; paraf1ne. Il@l2c.
RICE-Head Carolina. sjs@sac; choice 54@G1ac:
sTARcH.Peari. 4c; corn starch. 5A@s4c: gloss
LAYERS: = s5; Muscatels. q 75; California Muscates
y 4o91 so; Valencia. 54@6c; Ondara Valencia 81
@7c; Sultana. S013c: currants. 3H@414c: Turkey
primes 419@5kc; French prunes. s9S19c; cocoanuts,
r 100 $6 90; almonds. Ian, 2 b, ac; do IvIca. Ec:
do shelled, S0c: walnuts; Nap, 1a9l4c Sicily i'll
berts, lie; Smyrna figs, 12Q13c; new dates. 5G54c:
Brazil nuts, 7c pecans 1a0l4c; citron. p a. 2@22c;
lemon peel, 10c p fb; orange peel, 12c.
DRIED FRUITS-Apples, Sliced 614(1S1sc; apples,
evaporated, 61@Sc: peaches, evaporated, pared,
1S920c: peaches, California. evaporated, impaired,
SteG9Hc: cherries. pitted, 12c; cherries. unptted
&c: raspherries. evaporated, fG1Sc: blackDerries,
4@4Hc: huckleberries, &c.
SUGARS-Cubes. 45Sc; powdered. 4Nc; granulated
sc: confectioners', 4Kc; soft white, 3x64c; vel
low. fair, 37693xc.
PIcELEs@Medium. bbls Il. 2oo>. a25: medium.
half bbls (600). 81 65
sALT-No. j . bbi. 81 %; No. 1. extra, 2 bbl,
q 10; dairy p bbl, 81 20: coarse crystal per bbl
81 20; Higgins Eureka 4-bu sacks % SO; Higgins
Eureka, is H-lb packets, 50 90.
CANNED GooDs-Standard peaches. 81 75l91 90:
2ds. 81 3091 40; extra peaches, s. o0Gs2 10; pie
peaches; sS@soc: finest corn, 81 25SI 80: HID. Co.
corn, 81 00lgl 10: red cherries, 81 6O1l 10; Lima
beans, 81 IS: soaked do, Sc: stringed do, SG@s5c:
ptneapples. 81 O@1 30: Bahama do s. o.; dainson
plums. 81 90; greengages. 81 s5 egg plums. 81 90:
California apricots. 81 s5G2 90: California pears,
81 l002 30; do greengages, 81 IS: do egg plums,
u IS: extra white cherries, 81 752 S5; raspberries
81 159l Is; Strawberries, 95c@I 10; gooseberries,
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-02-27
THE HOME MARKETS.
Eggs Still Firm, and Choice Dairy
Products Tending Higher.
TROPICAL FRUITS A SHADE FIRMER
Receipts in Cereal Lines Exceed Demand
and Markets Slow.
PROVISIONS PROMISE TO ADVANCE
OFFICE OF THE DISPATCH,
PIrTSBURG, FRIDAY, February &c.

COUNTRY PRODUCE (Jobbing Prices)-
and prices are now &c per dozen above the
lowest price reached in the early part of the
week. At the advance prices are not above
one-half what they were at the beginning of
the month Dairy products of choice grades
are still firm and active. Fancy creamery
butter is in good demand at the recent ad-
vance, and high grade cheese is firm enough
to 60 higher Tropical fruits are in i'm
proved demand, and prices are shade bet
ter than they were at the beginning of the
week. Vegetables are still quiet, and
though prices are nominally the same as for
some weeks past markets are favorable to
buyer and the cash will, no doubt, bring
concessions.
APPLEs-H 7a@2 so per barrel.
BUTTER, Creamery Elgin. 33c: Ohio brands.
2S0Scc; common com ns country butter. h@lSc; choice
BEANs.New Yo5k:and Michigan pea: 81 oo9; oo:.
marrowfat. e 1902 Is: Lima beans, 4@44c p b;
hand picked medium, 81 s5C1l 90.
BEEswAx-Cholce. so9s2c p lb; low grades, 209
BUcKwHEAT FLoUR-New. 24@2Kc u Ib.
CHEEssa0hio ,.9 choice Ilh@sIl2c; IsI ,s> New York
sseitser fa sWeff1er
2G@311c.
y
CRANBERRIEs-Per box, ssG092 30; per barrel.
81 000S 90.
EGGs-Strictly fresh nearby stock. I79isc.
FEATHERS-Extra live geese, 57(d5Sc; No. ], 480
soc 2 10: mixed lots. 39a4Oc.
DRIED FRUITs-Peaches. halves. SIC: evapo-
rated apples, sa9c: aprcots, 90llc; blackberrfes,
566c raspberries. 1s1lSsc; huckleberries, &c; Cal
tfornia peaches, 7H(0919c.
HoNEY-New crop white clover, 16917c; Cali
fornia honey. 119l5c p ID.
MAPLE SYRUP-75(0s0c p gallon.
MAPLE SUGAR-10c p 10.
POULTRY = Alive - Chickens, 70t6S0c n pair,
large. 65670c medium; live turkeys. l1@12c p 10;
ducks, s00Soc pair: live geese, 81 25 a pair:
dressed chickens 121l3c Q fb: dressed turkeys; H9
18c y ID: dressed ducks, 15Gl6c p ID.
POTAroES-Carloadl lots. on track. 35(d40c: from
store 40945c bushel: Southern sweets, 81 5O01 70
a barrel; Jerseys, So 0O93 25.
SEEDS-Western recleaned medium clover Job
bling at IS ; mammoth at IS 40: Timothy. 81 50 for
prime and 81 S. for choices blue grass. 81 6592 80:
orchard grass. 81 rs; millet. 81 OF: German 81 25:
Hungarian. 81 10: fine lawn, 25c . 10; seed buck
wheat. 81 40d1 50.
TALLow-Country. &c; city rendered, SC.
TROPICAL FRUITS-Lemons, fancy. Messina,
% 1904 90; Florida oranges. & ZS92 75 a box:
Valencia oranges. "a 00d4 80 a box. bananas. 81 50
al 20, frsts, 81 COAL 25 good seconds. per bunch;
Malaga grapes IS 0O@O 90 a half ba rrel; pneappIes
I6020c apiece: Persian dates, 4z@5c per pound;
layer figs. 12914c per pound.
VEGETABLES Cabbage. g 00G5 90 a hundred;
yellow Danver onions. 81 25@2 50 a barrel: toma-
toes, 50 00G3 25 crate; celery. 2G30c per dozen;
turnips. 90c9$1 90 4 barrel; new Bermuda potatoes
Is co barrel.
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-02-27
The Wool Markets,

PH1LADELPHIA-Wool market dull and
nominal.
ST. s-Wool-Recefpts, 1000 pounds;
shipments. $1,000 pounds; market quiet and
unchanged.
NEW YoRK-Wool steady and in moderate
demand; domestic fleece, s0@36c; pulled, 26@
33c; Texas, 16@Ac.
BoSToN-The demand for wool has been
quite active and the sales are quite large,
amounting to 900 pounds of all kinds
The tone of the market is weak and prices
favor buyers. Ohio and Pennsylvania heeces
have been selling at 2702Sc for Y and and
above and 2S1S@29c for Xxx and Xxx and
above, and 34035c for No. !. Michigan X
quoted at 26@265Ic, with sales in that range,
but the principal business was at &C., No.
combing woods steady at 3603Sc; Ohio fine
delaine, 331a934c; Michigan fine delaine, 3I@
&c. Unwashed combing woods in good de-
mand at 24G26c for one-Quarter and 26I2Sc
for three-eighths blood. Some good lots of
Territory woods are being moved on the
basis of 5Sc clean for fine, 55@56c for ine me-
dunn and 53c for medium. Texas woods have
been quiet, with small sales of spring ut 170
19c and fall at 16@20c. A large sale,
2s5 600 pounds of Oregon, was made
at l6@19c, or about SIC clean. Cali
fornia woods are in good request. spring
selling at l5@2oc and fall at 1s@19c, as to
quality. Pulled woods are in steady demand,
supets selling mostly at 32@40c and extras at
22@2Sc. Ohio and Michigan unwashed and
merchantable feeces sell well at lsN22c.
Australian woods are active, with sales OF
650,00 pounds at 4G42c, and large receipts
from the Soudan. Foreign carpet woods are
fairly active
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-02-27
Grain, Flour and Feed.

There were no sales on call at the Grain
Exchange to-day. Receipts as bulletined, 81
cars, of which 21 cars were by Pittsburg Ft.
Wayne and Chicago Railway, as follows: 1
car of corn, 3 of oats. of hay. of bran. /
of barley, 9 of flour. By Pittsburg, Cincin-
nati and st. Louis-5 cars of corn, of oats,
2 OF flour. By Baltimore and Ohio-l car Of
middlings of hay. BY Pittsburg and West
ern-1 car of wheat. By Pittsburg and Lake
Erie-1 car of flour. There are no signs of
revival in cereal lines. Markets favor buy
ers and sales are made only at concessions
by the seller. Rye is the exception to the
rule, and prices in this line are a shade
higher, as our quotations will reveal.
Following quotations are for carload lots on
track. Dealers charge an advance on these prices
from store:
WHEAT-No 2red. soc to 81 90; No. sred, SIC to
95e.
CoRN-No. 2 yellow ear: 473@4sc; high mixed
shell. Ax(945c; high mixed shelled, 431z9Hc;
mixed shelled, 4S94315c.
extra No. 3 oats, 359359c: mixed oats. 3A5344c.
RYE-No. Pennsylvania and Ohio, 9SS94c; No.
Western, 91992c.
FLoUR-Jo6bing prices-Fancy spring patents,
jSGS@5 50: fancy winter patents. s. SOS 50: fancy
s Las 40; clear winter. 81 SOS 90: Straight
XXXX bakers. 81 50de4 IS. Rye flour. ~ 75Ga5 co.
MILLFEED-No. white middlings. SO 0002D 90
per ton: No. white middlings, ~ 5091s 90; brown
II 50; chop feed. 81 0O9a0 90.
HAY-Baled timothy. choice. s13 00913 25: No. ],
sl2 00l2 25: No. $40 50@11 on: clover hay. sl 50
@12 90: loose from wagon. sl3 Goals 90. according
q qualify: packing hay IS 75aS 60
SRA x-Oats. ~ Oo97 80; wheat. s3 COOS so; rye.
81 0097 25.
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-02-27
NO EXCITEMENT IN CINCINNATI
Competition So Sharp That Surprisingly
Low Figures Rule.

CINCISNATI, Feb. 2G-[Special.l - Rogers,
Brown Co, say: The only exciting fea-
lures OF the past week have been the placing
OF a few large orders for the lower grades of
Southern coke irons. Competition was very
sharp, and some surprisingly low figures are
mentioned. 1t would seem that the raDid
decline must soon make prices reach the
bottom, and the earlier bedrock is touched
the better it will probably be for all con-
cerued Poorly located furnaces must then
stop, and thus help decrease production-
The total tonnage sold since our last report
is large in the aggregate, made up of small
orders, widely scattered. This is rerarded
as a favorable sign, proving that foundries
are not carrying large stocks, but are melt
ing quite freely. Many are only waiting for
q slight advance and show of strength in the
market to place liberal orders
No changes worthy of note are recorded
in any kind Of charcoal iron or Ohio SOFTEN
ers A steady consumptive demand exists
at previous prices. There is q better outlook
for the pipe works, so far as an increased
inquiry goes. Large orders are to be placed
soon. and higher prices are expected. The
Vanderbilt furnace is now running on a
selected lot of low PHOSPHORUS ore, and in
tends to furnish a special iron to those need
ing quality not usually made in the South.
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-02-27

common to good common. 21S@25sc: centrif
uyals. of white 8 1S-l6G37Sc: choice yellow
clarified. 35k@S ll16c; prime do, 311@3 9l6c
off do. sssGS7 7-l6c: seconds. 2l40S1sc. Molasses
strictly prime, l9c; good prime, l5@l7c; fair
to prime, lo@lSc; common to good common,
6@9c.
CINCINNATI-FIouri in modera demand.
Wheat easier; No. 2 red, 97@971ac. Corn
higher No .oss miSsd 4l@.sc Ga Oats easier;
No. 2. 92c. Pork quiet ut sll 90 Lard dull
at Sc 25@6 80. Bulk meats neglected at $5 IS.
Bacon steady at Sc S71z. Butter quiet. Eggs
easier at l314@l4c. Cheese firm.
MILws sUKEE-Flourq quiet. Wheat lower
May, ss@ss}fe; No spring; S@s72sc; No !
Northern, 92c. Corn steadily neld: No. 3,
3719@3Sc. Oats dull; No. 2 white, 3l@32c: No.
do 29631c. Barley dull; No. >. 5i13c; sam
pies. 3s@5sc. Rye steadily held; No. l. $50
S51@c. Provisions dropping. Pork, $ll 40.
Lard, Sc 40.
KANSAS ClTY-wheat steady; No. hard
cash, 7S15c; No. 2 red, cash. SAC bid Corn
lower No. 2 cash, S3c bid; 331sc asked; Feb
ruary, S27Sc bid: 33lsc asked Oats steady:
No. casn. 2s3<c bid; February, 291zc bid.
Butter scarce and firm; creamery, 2s@2Sc;
roll, 14@sOc. Eggs unchanged.
-wheat-No.- hard. cash, s51Sc;
ern, cash, s5c: February. s5Ac; May. 9oc;
No. 2 Northern, cash. 7sc: No. B. 73c; rejected,
60c; on track, No. hard, SSc; No. North
ern, SIC.
-Wheat-February, clos
ing at S5%c: May, opening at SIC: highest,
SIC; lowest, s61sc: closing, s71sc; on track,
No. hard, size; No. l Northern, S6114c; No. 9
Northern, sl@S3c.
TOLEDO Wheat steady: No. cash, &c.,
February, s61Ic; May, 971sc; July, 92c. Corn
dull and steady; No. 2 cash, 4014c; No. 8. 40c.
Oats quiet: cash. s3c. Rye dun; cash SIC.
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-02-27
By telegraph.

New Tork-Beeves-Receip 3127 head,
including "a for sale: market dull; native
S. 7sG 80 per 100 pounds bulls and
6@s19c per ID: shipments to-day. ssl beeves;
tomorrow, LOST beeves and 400 quarters
of beef. Calves-Receipts, 239 head; mar
barnyard bar % calves, ss oo@s 50. g. E sheep-Re.
ceipts, SEAS head; market steady: lambs Ic
per ID lower; sheep, $4 1896 SI1a: lambs,
Sc 75@7 40 dressed mutton steady at s@l0c
per lb; dressed lambs dull at 9@llc. Hogs
Receipts, 4,2O6 head, consigned direct; nomi-
nally steady at 81 9O@5 49,
Chicago-Cattle Receipts, 5000 head;
shipments, 1000 head: market steady; prime
to extra steers, 81 so@5 90: good to choice.
@6 so; cows, ST 50@2 so. .Hogs-Receipts, "a
600 head; shipments, 1900 head; market
lower; rough and common, 81 55@4 so: mixed,
Weights, ign s' 81 s5@a IS; light a 4oa4 So % sheep
Receipts. 1000 head; shipments, 1000 head:
market active and steady to strong: ewes,
g 5o@4 40: mixed, s. 6o@t 80; wethers: S. %
6 so.
Buffalo - Cattle - Receipts, I59 loads
through, sale. dull for Shipping steers,
steady for good butchers; light to good
s. s@s g. HOGS % su e0 g u'G losds
through, is sale: dull and lower; heavy
grades, s5 05G5 10; packers and medium,
SIS 0095 05. Sheep and lambs-Receipts, 8
bHtOuSu, ~ Sdlc, OpouCo StIOnS stuu
firm for good grades but Weakened: sheep,
extra fancy, S5 1895 40; lambs, good to extra,
81 00@7 %; fair to good do, S6 5006 90.
Cincinnati-Hogs in light demands; COM
mon and light. 50 50@4 rs; packing and
butchers, 81 60@5 co. receipts, $500 head;
shipments, l.1O0 head. Cattle heavy; fair TO
choice butcher grades, So 50@4 90: prime to
choice shippers, s3 5O@4 25 receipts, 46o head;
shipments, 150 head. Sheep steady; COM
mon to choice, So 5O@5 20: extra fat weJhers
and yearlings, Sc 90; receipts, $50 head: ship
ments, none. Lambs strong at S. o0@6 Is per
100 pounds.
st. Observation-Disclosures, 45o head: ship
ments, 800 head: market steady; fair to
good native steers, So O0@4 40: fair to good
Texan and Indian steers, 3 1894 90. Hogs
Receipts, 5000 head: shipments, 1900 head
market SC higher: fair to prime heavy, 81 20
a. s5; mixed, ordinary, TO good, "a 20@4 IS;
light, fair to best, 81 6o@4 IS. Sheep-Re-
ceipts, 400 head; shipments, 100 head; market
strong; fair to desirable muttons, 50 00@6 0U.
Kansas City-Cattle-Receipts 200 head;
shipments, $40 head: market generally
strong; steers, S. 30@4 90: cows, 81 5OG3 25;
stockers and feeders, So e564 90. Hogs-Re
ceipts, $500 head; shipments. 240O head: mar
ket opened steady, closed 5@l0c lower: ex
tremc range, IS Sd@4 60; bulk, 81 5064 So.
Sheep-Receipts, 200 head: shipments, 500
head; market strong, 10c higher.
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-02-27
A REARISH GRAIN DAY.

Corn News Is Rather Bullisf, but tlls Pro-
nounced Weakness in Wheat Bears
Everything Down Oats Quiet With
Narrow Fluctuations - sse-Sawing In
Provisions.
CHICAGO-Wheat was quiet and weak to-
day. There was dearth of news of q char
acter to stimulate values. Many longs con-
cluded to get rid of their loads and stop-loss
sales and some raiding by bears assisted to
weaken prices. Cables were generally lower
and domestic markets dull and easy. Re-
ports from New York said that foreigners
had turned sellers and were trying to relet
the freight room contracted for during the
past week or two Reports from Kansas in
dicated that the winter has been favorable
for wheat and that there were indications of
an unusually early spring, in fact, that the
seeding of oats and barley had already CON-
menced. A cold wave was reported in the
Northwest, but the indications were said to
be that it would move eastward instead Of
southwark. Another weak feature was the
heavy receipts in the Northwest, over 200
cars being reported at Minneapolis and Du.
luth.
Later some over-zealous bears found they
had oversold and proceeded to cover. This,
with reported good export buying here and at
the seaboard caused a rally, but the strength
was only temporary. Late cables were weak
and the market being dull, eased OFF. May
opened at 9l7z6921Ec against 921ac at the
close yesterday, broke to 9l5sc, reacted to
921<c, weakened 20 92c, fuctuated narrowly
anu closed at 9l1zc.
Corn WAS quiet and nearly featureless, but
tine general tendency was to weakness.
There was nothing especially weak in the
situation as receipts were smaller than ex-
pected, and not a single car of the contract
grade went into store: but the market was
influenced some by the weakness in wheat,
and the shipping demand was rather slack.
May opened &c off at 421sc receded to 42c,
rallied TO 425sc, eased Off and closed at 42ISc.
Oats quiet and weak, fluctuating within
range of sc during the entire session, and
closing llc lower than the close yesterday.
The receipts Of hogs were heavier than
had been estimated and prices were lower
This, with the weakness in grain, scared the
longs and made the market for products
weak in the early trading as it couldn't
stand up under the full selling orders. Hold
ers became afraid of severe break, and put
in sustaining orders, causing a rally. This
was followed by another break and free
selling, but good buying rallied it again, and
the close was at insignificant changes from
those OF yesterday.
rected by John NJ. Oakley & Co.. 45 Sixth street,
of the Chicago Board of Trade:
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-02-27
<Ex-dividend.
DULLEST OF THE SEASON.
STOCK DEALERS WAITING FOR SOME
THING TO TURN UP.

A Bearish Movement, but ths Important
Changes Are Advances-Cordage, Chi
cago Gas and New England Up-The
Latter Influenced by the New Plan
NEW YORK, Feb 2S-The stock market re-
mains almost utterly barren of feature To
this end the beginning of the outward move.
ment of gold contributed not q little, and
even the traders, until the full effect of the
movement is developed or some new excite
ment arises, are unwilling to make an i'm
portant venture on either side of the ac-
count. Outsiders seem for the time being to
have entirely withdrawn from the market,
and once again the professional element Is
in control, and being bearishly inclined
during the dull period, are only prevented
from ma king vigorously raids by the un-
stubborn way in which securities are held.
The stagnation to-day surpassed that of any
day since last summer.
The few stocks in which there was specu-
lative trading such as Chicago Gas Read
ing, New En- gland, st. Paul, Louisville and
Nashville, Atchison and Cordage, could
scarcely be called active. Liquidation in
apparent at times must be attributed to
bearish operations on the part of the traders
lected.
After a firm opening to-day prices in some
stocks were further advanced a small frac-
tfon; but even among the specialties there
was no material cnange in quotations during
the forenoon. Later in the day prices sagged
in the dullness. but the announcement of The
New England financial plan helped to place
that stock on n somewhat higher plane,
which received no response from the general
market until the last hour, when some COW
ering OF shorts infused a momentary anima-
tion into the market and led to slightly
higher figures all around.
After New England Reading showed the
most strength. but the only sharp gain for the
day was in Cordage which was suddenly
moved up from 93l< to 94Z most of which
was retained at the close. Chicago Cas-
however, was both active and strong
throughou@ @the day, and while its movement
was slow it reached material proportions
before the end of the session. The close was
dull but firm. with most stocks at insignifl-
cant changes from the opening prices. The
only changes of note were advances, Cord
age and CHICAGO Gas rising " each, and
New England "a.
The total sales of stocks to-day were 1885,
40 shares, including Atchison, l,3l0; Chicago
Gas, q, ,3l6; Delaware, Lackawanna and West
ern, $500; Erie, 10, l45 Louisville and Nash |
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-02-27

proach of spring. Bank clearngS were
s., los, 040 90 and balances s4IO,645 OS.
The Financial Chronicle of New York OBJ
serves; "The deposits of the banks continue
to increase and now far overreach any limit
previously attained. 1t is an abnormal con-
dition. But this may not be i'll the least sig
nificant of alarm. It unquestionably repre-
sents in part an increase in collections made
more easy by reason of the prosperity Of the
year that has passed. 1t may be awaiting
the opening of q new Industrial movement.
II this is the case, then the wheels of in
dustry, once put in motion, will receive an
accelerated impetus from the idle capital
seeking the opportunity of usefulness"
The plethora of money is indicated by the
fact that the state OF Massachusetts, has re-
duced the rate which banks must pay for
money borrowed from the State from per
cent to ~ per cent This action Is to take
effect March !.
At New York yesterday money on call was
easy at ~ to 2 per cent, last loan 2. closing
offered at 2. Prime mercantile paper $40
5?ac. Sterling exchange quiet but easy at
81 Solt for 60-day bills, and "a Ss for demand.
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-02-27
HOME SECURITIES.
THE RESULT OF HEAVY TRADING IN
EXCHANGE STOCK.

Whitney & Stephenson Secure the Mckee
Block, Giving Them a Majority-Switch
and Signal Continues Its Upward Move
ment-Prospects of a Fight.
Proceedings at the Stock Exchange yester
day were characterized by several interest.
ing features. Memberships were brisk.
Thirteen changed hands in a regular way,
Whitney & =. Stephenson being the Dur
chasers at $500. They also bought the Nc
kee. block of 104 at the same price, or $52, 900
for the whole. This firm now owns the ma :
jority of the stock.
With this fact in mind broker remarked
"It looks as if Whitney & Stephenson expect
to gobble the Exchange building when put
ur at public sale. Should this be the out
come, the disposition they will make of it
will be an interesting matter. 1t is conject-
ured by some that they will utilize it for
offices for the street railways with which
they are identified, concentrating these in
terests under one roof, or as headquarters
for the Hostetter Coke Company, in which
they are largely interested. There may be
room for all of these, to accommodate
which very little change would be neces-
sary."
Switch and Signal sold up to 2O14. and fin
ished at 20ss bid, Notwithstanding, the
appearance of a sharp contest for control of
the company at the meeting to be held
March s. According to circular of the
present management, business has not only
largely increased since they took hold, but
the debt and operating expenses have been
materially reduced. The unlisted fractions
were fractionally higher. Pittsburg Trac tion
finished point better than the opening, and
Pniladelpfia Gas put fraction to its credit.
Luster and Monongahela Weter developed
additional strength. The tone of the market
WAS strong throughput, and final figures
Sales at first call were 40 Duquesne at
22A, $1,000 Manchester bond at los, 5
Pleasant Valley at2 8 Citizens Traction
at 81, 80 birmingham at 2477s, 10 member
ships ut $500, los Switch at Signal at 20.
Second call, l membership at $500 80
Switch and Signal at 20H Third call, three
mem berships at $500, U. S. Glass
ut 24sss, so Airbrake at log, 81 Pleasant Valley
at "a Bids and offers were: