davidaulloa/AmericanStories huggingface dataset:
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-11-27

= The movement to secure the National En-
campment Of 1894 for Pittsburg was given q
good start at the special meeting of the
Grand Army Day Committee in Municipal
Hall yesterday afternoon. After the roll
call of the posts, which showed large ma
jority in iavor of trying to bring the en-
campment here the comrades discussed the
matter thoroughly. The tenor of the re-
marks was that an earnest effort should be
made to interest the citizens of Pittsburg
and vicinity in he project.
Comrade H. Fl. Bengough moved that q
committee OF five be appointed to draft a
plan OF procedure to secure the interest of
the citizens of Pittsburg in bringing the
encampment of 1894 to this city. The motion
was adopted. Chairman Mcfarland of the
General Committee will be the chairman of
this committee. 1t was shown st the meet
ing that not less than 81 O0O. 900 would De
brought into the city by the host that would
De drawn by the encampment.
The patter will be presented to the
cii1zens in some effective way and the result
Will deter inc whether or not the invitation
will be given to the encampment. Fifteen
posts were represented at yesterdays meet
ing. The committee adjourned to meet at
the call of the chair.
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-11-27
New York Bank Statement,
The Three Davs Grace Question.

The aC.iou taken by the State OF Vermont
IN legally aboIj-hiuC the custom OF "tnree
days ol grace on dra IT'S and time loans has
been matter OF considerable comment
anon. the Boston bankers, says the "News
Bureau" Taey are almost unanimous in
viewing This action as Il good one, and hope
Tor ~fulilar action i'll Massachusetts. Some,
however, thiuk that 70 abolish the three
" ol grace on time loans would be too
III .EeaI change. bu; that it might wei be
.Un!.= at first on sight dra ts. An effort was
made last ear By some of the lnadin bank
a.. TO have DIl! reported ab,lisning the
custom. but 1t did not meet with success.
-5aECycr, the effect NermonJs
u-A law may be conta lous and
there are manv Boston bankers who would
gladly take part IN any movement of this
k.gU. 4 prouli ispnt tank cashier says days
o race are OF no prac ical value to either
borrower or lender, and are hardly in keep
I'm L. with tue-e progressive times. If there
y...c no inte est allowed it might be OF some
i..ne lir 10 J..e borrower, hut such Is not the
case. Wnen TIE law was first passed allow
iaE Ga' o grace IL WAS necessary, because
,lau it sometimes took as mucn as three
days q {. er The maturity OF note to deliver
tI... money 20 tlse borrower, but now in these
advanced me we can pay notes due In San
Ia CISCO in - Gour. Undoubtedly all %
tile = arrs I'll ev, ntualiy follow the action
Ol Vermont
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-11-27
MONEY AND STOCKS.
Revival Of Gold Exports the Finan-
ciSl Feature of the Week.
ANOTHER GOOD BANK STATEMENT.
Course and Features Of the Market for
Local Securities.
ALL THE LATEST FINANCIAL NEWS

SATURDAY, Nov. 26.
Money has ruled fairly easy for the season
at all important points excepting Chicago,
ard the testimony of ali whose opinions are
entitled to consideration is to the eject that
there viii be nothing like tight money dur
ing the remainder ofthe year, and that after
New Years idle funds will begin to pile up.
The most important feature of the past week
has been the revival OF gold exports. The
amount shipped this week was small, but
gold shipments at this season are so unusual
that the movement caused considerable un-
e4siness. In their weekly letter on stocks
and money Henry Clews & Co. say:
''THe one thing about which Wall street is
more sensitive than any other is the export
OF gold, and that movement seems TO be re-
turning uDon u.s. The foreign exchanges
point ominouslv in that direction. The ex-
ports of home prof. are declining: no
important amount OF bills is being made
against exports OF securities; and Russia is
drawing gold IRON London at rate which
inclines the Bank of England TO put the
Ecrews on borrowers and, the paddock on its
vaults. These signs indicate the possible
ity of our being subjected to a moderate
drain of gold The importance of this con-
Jiugencv lies in the fsct that SO many peo-
ple exagCerate ths Importance of gold to
-he extent Of ma ing it the foundation and
support Of everything, whereas it is merely
the tool BIZ which we conduct small
portion Of our business. Not on
5his account, however, is it the less likely
that the export OF a lew millions of gold
nriZh, b-Iu- about a s-lling movement in
stocks. Closely related to this feeling stand
the pr0ccedin-s of the Monetary Con er-
eucC, which nas already opened its proceed
iugs ana Is likely to occupy the Interested
attention OF fuancieTs tile world DVer for
probably six weeks or TWO months. such
CN0re~>ipns OF opinion as have reached US
from Europe within the last few DAYS are
certainly not encouraging TO an expectation
o. any early important advantages to result
from the conference. The only really com
T1p.cnt SC .utiou o the ClesJiOn-free coinage
under an agreement among several OF the
LEADING mat 5Ous-is perhaps nowhere hoped
-or except among a small enthusiastic
minority: but there can be little doubt that,
j rHp con -erence closes Without leaving a
ryue that its work may bring about valua-
y r. I: ieviuti0ns at later Stage, the gatner-
1u- VIII prove t. have only served the pur-
pose OF mere dist inctly revealing the dan
gers that hanI around the derangement be-
tween tue metallic moneys.
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-11-27
SPECIAL MARKET LETTERS.

he Situation in Local Securities Outlined
by Brokerage House, and the Wall
Street Correspondent Of a Pittsburg
Firm Sends in the Usual Grist.
The following is A j. Lawrence & Co. s
regular weekly letter:
The market has fully justified the obserya-
tion made last week, namely: "The indica-
tions at present are that prices may go lower
before they advance" and We are still of the
opinion then expressed that sour friends
will make money by keeping close watch on
the better class of securities and making
purchases on a scale down." During the
week we have been frequently asked
whether, in this view of the situation, it
would not be good policy to sell now and
buy in again at lower level. In a broader
mai ket this course might prove profitable;
but the fact is our market is SO
narrow that it is impossible to execute
orders with any degree of satisfaction. An
example of this was given by Citizens trac-
ton. block of the stock was pressing on
the market, and so long as it remained un-
sold, buyers held alooi. The moment it was
disposed of, however, the TACT was devel-
oped that there were numerous orders to
buy, and there was an immediate and SUBJ
stantial advance. Alrbrake IS anofher eX-
ample. 1t has declined to 133. Two weeks
ago it was in excellent demand at 1874 to I3S
But the street got the impression thar there
mi gltt he a considerable "wad' yet to come
out and is waiting to- see how low it can be
sold. The same thing happened month
ago when the price declined 10 l26 on pres
sure to sell and rallied to l56 on compare
lively Light buying. We cite these two in
stances to snow that while values may 20
lower, thereis no assurance that the seller
will be able to get his STOCK back at such q
concession as will make the operation worth
the trou"le.
The decline Of a dollar per share in Phila-
delphia Gas was one of the prominent feat
ures OF the week. OF itself the decline was
insignificant, but tt excited remurk, first be-
cause the stock is more widely distributed
than any other of our specialties, and Sec
ond, because it's course is supposed to indi-
cate the condition of the natural gas busf-
ness generally. We want to reiterate our
opinion thar Philadelphia Company is
purchase on its present enormous net
earnings, and we venture the prediction
that other dsvelopmcnts in the near future
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-11-27
Post Gossip,

Ppsr ss will nominate officers next Tues
day night.
NOMINATIONS will be in order in Post to-
morrow night
CoMRADE WASHINGTON DowNEY, of Post 9o6,
was laid to rest Friday.
PAST COMMANDER GERwIe was q visitor of
Post So Tuesday evening.
Dr. DAVID b. STURGEON was mustered into
Post 8 last Monday evening.
PosT So had one reinstatement and two
propositions last Tuesday evening.
Posr l57 did not meet last Thursday, the
members being TOO busy eating turkey.
CoMRADE W. A. CAMPBELL, of Post SO, is
quite low, but shows wonderful vitality.
AT Post 3's meeting Monday night, Com
rade Poerstel was reported still confiued to
bed.
Posr 2o6 had an enjoyable time on Thanks
giving Day. The dinner aud entertainment
were grand success.
NOMINATIONS were made last week by Post
Isl Tuesday night. Posts 12s, l6c and 4sO last
might. Post 2O6 FRIDAY night and Post 2l5
Tuesday night.
A MEETING of the Washington Infantry
Veteran Corps will be held at the Washing
ton Infantry Armory next Tuesday evening.
Special business OF importance is on the
tapis.
MEMORIAL services will be held by Post l6a
Satur 'ay evening. December IL. in memory
of the comrades who have died in the past
venr. The exercises will take place in the
post room beginning at 730 o'clock.
THE comrades and friends of General j. B.
Sweitzer Post, No. 4sO may count on n very
ENJOYABLE time at. the frat annual reception
OF the post, in Turner Hall, Butler street,
near Forty-seventh, Thursday evening, De-
cember 15
PosT ss had quite an interesting meeting
Tuesday night. number of the comrades
discussed the question of membership i'll
the G. A. R., quail ficarions necessary to the
privilege and the obligations resting on
members.
THE relief fund of Colonel William II.
Moody w. R. c., No. %, will be netted q
very satisfactory sum by the dramatic, mu-
steal and literary entertainments given in
Grand Army Hall, Mt. Washington, Thurs-
day and Friday evenings. Comrade q. R
shepler as Ben Bolt distinguished himself,
and the balance Of the cast did very well.
Kobsr and M. johnson ana his Jubilee sing
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-11-27
Boston Stocks-Closing Prices.
DROPPING PRICES
Mark the Close, of the Weeks Trading on
the Chicago Board.

Mark the Close of the Weeks Trading on
the Chicago Board.
CHICAGO, ILL, Nov. 26-Drooping prices
marked the close of the week. Tonight,
compared with last, wheat is L@ssc lower
and corn about u c, while provisions within
half an hour of the close dropped gain
they had secured earlier.
There was little firnness in wheat at the
start, due largely to brisk buying, but on,
the advance the selling became liberal, and
there being little bullish news to support
the market, the price gradually fell of. The
receipts in the Northwest were generous,
and Prime reported the condition of the
winter wheat as satisfactory. The offerings
of December were unusually heavy, and did
much to cause the weakness,d Us the discount
on May was at one time nearly cents.
c Angling December to May was carried on
very extensively. The exports from both
coats we're again liberal, amounting to
3, 900 bushels, against 3,944 900 bushels the
previous week and 4,0S2, 900 bushels Tor the
corresponding week last year. The avail
able stocks in the United States and Canada
were reported ut 1ul, 900. 1t was esti-
mated that the visible supply would show
an increase OF about 100000 to 100000
bushels
Initial trades in corn were at about yes
terday final figures, but it soon sold OIL &c
influenced some by the action of wheaG;
At the decline the demand improved and
the car lots for Monday coming in light at
l25 cars prices reacted recovering the early
break. changed but little. ruled easy and
closed about No lower.
In oats there was q little changing from
December to January at 1c and to May at DC.
Prices had Nc range and the close WAS easy
atNQZc decline from yesterday.
Provisions showed decided strength for q
time. A rise of shilling in lard in the
Liverpool market started prices up here for
that staple, and the entire market responded
to local advance of &c per 100 pounds In
hogs. During the latter part of tine session
prices declined on larger offerings and re-
duced demand. The estimated hog supply
for the coming week favor only moderate
offerings, in marked contrast with the
enormous receipts for the corresponding
week of 1891.
Freights were slow with very little vessel
room offered Rates were Arm, 80 being
paid for corn 10 DuffSlo.
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-11-27
The AndersonviIIe stockade.

The proposition for the purchase OF the
Andersonvile stockade was disposed OF by
the Executive Committee Of the National
C0dncil OF Administration in Indianapolis
1t was resolved to not accent the proposf-
tion. The maintenance OF the stockade
would probably have cost the Grand Army
$4,000 per year. This is an indorsement of
the action of the Pennsylvania Department t
at its encampment in Pittsburg last Febru-
ary, when it Was decided to oppose the An
Jacksonville stockade proposition.
Another result of the Indiana meeting,
which will be heard with pleasure by the
comxades, is that the Grant cottage at Mt.
McGregor has been taken off the hands of
the national organization by New York par
ties, and the heavy expense of it's mainte-
nance will no longer fall upon the Grand
Army.
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-11-27
The Orders at Braddock.

Goddess of Liberty Council, Daughters Of
Liberty, of Braddock, held a very interest
ing meeting on Monday evening. Deputy
National Councillor Bell, OF Turtle Creek,
headed q party of 25 members from Maria
Frazier Council, of Turtle Creek, that at
tended. Two candidates were admitted.
Monongahela Council No. 10, Jr o. U. A.
NJ, of BraddOck, the oldest council in the
Monongahela Valley. is beginning to infuso
new life into its meetings and is having q
largely increased attendance each meeting
night. Tuesday evening an initiating corps
was organized in the lodge with the follow
ine officers: Junior Past Councillor, David
McKim: Councillor, W. N. Wilson: Vice
Councillor, II. Z. Guimo; Warden, N. \.
Michael; Conductor, Joe l. CamDbell; Senti-
mel. Cal HutzeR; Captain, W. j. Vance; Cor
poral, Harry H. Bair. The guard is made up
OF John W. Hanna, Joseph Phillips, William
Elkins, John Harrison, Robert G. Hunter,
w. 5. Reed Robert McKim, G. C. Klino, L.
H. Dean, John Thomas, Charles Dousherty,
John F. McCune and Andrew Thomson.
There are but very few regular
q. A. NJ. councils of Western Penn
sylvania, cambridge Council taking the
lead. Monongahela Council expects to have
a team equal to any. On Tuesday ntgh5
next the council will start out with q series
of debates. The first will be on the follow
ing questions: "Resolved, That All Ameri-
can Citizens Should Be Admitted to Our
Order" The affirmative side WILL be Prof.
A III. List, Rev. f. V. Brown and Harry z.
Guimo. The negative will be composed OF
W. j. Vance, John w. aanna and W. N.
Wilson.
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-11-27

The Soldiers Orphans School Commission
OF Pennsylvania will hold an important
meeting in Harrisburg December Is. At
that time a report will be made by the SUBJ
committee sent to visit manual training
schools in Missouri, Indiana, Illinois, Ohio,
Massachusetts and New York. The report
will embody the ideas OF the subcommittee
gained through these visits us they might
be applied to the orphan schools OF Penn
sylvania. 1t is the intention to continue
the soldiers orphans schools for the benefit
o all orphans, whether children of soldiers
or not, the preference being given to those
whose fathers were soldiers.
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-11-27

ers participated in . very enjoysbls musical
and literary programme
THE members of Chapman Circle. Ladies
of G. A. R., held surprise party on their
President, Mrs. NJ. J. Turner, &C her homo.
27I Lacock street, Tuesday evening. Mrs.
Turner had been invited to a neighbor's
house on a pretense of business. In her ab-
sence about go members of her circle took
possession of her home. Mrs. Turner was
presented with a handsome design OF va1
hJwers the shape of q star, with ths insorfp-
tion 81. of G. A. R." in the center. The
large company present had very enJoyabls
evening.
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-11-27
An IMPORTANT New Rule.

An important new rule was adopted at
the meeting of the Executive Committee of
the National Council eff. Administration in
indianapolis. 1t was decided that all appli-
cations for free quarters during the National
Encampment must he made through the
department adjutant' generals. By this
method an official record of the location of
each man will be kept, which will be OF
value in many ways.
National headquarters will be in the Dem
niston House in indianapolis during the
encampment. Pennsylvania's headquarters
will be in the same hotel.
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-11-27

balances, ss,29o,o2l. Money quiet at per
cent. Exchange on NewYo 6o@75c pre-
mium.
PHILApELPHIA, Nov. 26-Bank clearings
TODAY. $40. $50 $50; balances, ST. 8l0 90l For the
week, cIearings, s66 962, 1885, balances, sl0 lS7 :
26s Money, 8 per cent.
BALTIMORE, Nov. 26.-Bank clearings. s2,-
40S. .74l; balances. $l32,Sj9: Rate. per cent:
NEW ORLEANS, Nov. 2a-Clearings, 81,
7O. New York Exchange, commercial, 81 80
per 81 900 discount; bank par.
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-11-27
The Weeks Record.

Tho record for the week, compared with
that of tho preceding week, shows a de.
crease in all the items, both in number and
amount of money involved One very en-
couraging feature. however, is the fact that
mortgage payments are still keeping up, as
only small decline IN humber number and value is
mary:
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-11-27
The Department Encampment.

Expected opposition to the candidacy Of
Comrade Thomas G. Sample, Of Post l2s, for
Department. Commander. has not yet ma
terialized, and there will likely be none.
Colonel Geise, of Lebanon, is prominently
mentioned for Senior Vice Department.
Commander, and Comrade Calvin, OF Hunt
ingdon county, has a f1rst-class chance for
being the next Junior Vice Departments
Commander.
The time of the Department Encampment
has been postponed till February 70 to
March inclusive on account of local reasons
at Lebanon.
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-11-27
Foreign Financial.

PARIS, Nov. 2a-Three per cent rentes. s9f
LONDON. Nov. as.-Amount Of bullion with
drawn from the Bank OF England on balance
to-day, E2l.000.
BERLIN Nov. 26.-The statement of the I'm
perial Bank of Germany shows an increase
in specie of 10, ,040 600 marks.
LONDON, Nov. 26.-2 P. NJ. close-Consols
money, and account. 81 916; New York
Pennsylvania and Ohio 1sts 82L: Canadian
Pacific, 92IS: Erie, 2615; 2nds, 1O51S: Illinois
Central, lO4II; Mexican ordinary, 22ss
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-11-27
MONETARY.

Discount rates have been quoted at 5@6
per cent all week in Pittsburg, with funds
in good supply and the demand somewhat
broader. No discrimination has been re-
ported as yet, W nich is one of the first signs
here that money is tightening.
NEW YORK. Nov. 26-Money on call easy
at per cent. Prime mercantile paper, sac
Sterling exchange firm, with actual busi-
ness at 81 S5L for 60-day bankers bills, and
81 S7h for demand
BosroN. sNov. 26.-Call loans, 405; time
loans, 5@6 ..
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-11-27
bonds closed as follows;
Mining shares closed as followsi

TAsktII.
The total sales of stocks to-day were 49,
900 shares, including: Atchison, s.3l0 Erie,
souri, sour f Pacific. 4coo: New New England. Eng nd 20 2Se
Northern Pacific, preferred, 60l0; Reading,
5l,7Oo: st. Paul, 522O; Union Pacific, $780,
Western Union, 2,272.
The following table shows the prices Of active
stocks on the New York Stock Exchange, cor
rected daily for the THE PITTsBURG DISPATCH by
WHITNEY & STEPHEN ON, oldest Pittsburg MEM
bers OF New York Stock Exchange, 81 Fourth ave-
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-11-27
Post Elections.

Elections will be held this week as follows:
By Post 157, Thursday night: Posts 155. 236
and 2O6 Friday night, and Posts 12s, 1872 and
4sO Saturday night.
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-11-27
The OH Market. =

Range of the December option: Openin G,
52lc; highest, 5214c; lowest, 6l14c; closing,
5l1ac. ~
4zsd: Antwerp, l3f.
on CITY, Nov. 26-National Transit certifi-
Gates opened at 5211c; highest, 5215c; lowest,
arces lS4, u0oba relsshipmeuts lI5, 22s barrels;
runs, S7O69 barrels.
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-11-27
Junior Order of American Mechanics.

During the month of October, State Vfce
Councillor Kerr visited Is councils, presented
two flags to public schools and Travelled AZ
miles in doing the same.
State Vice Councillor W. T. Kerr visited
True American Council. 1876, of Homestead,
on Tuesday evening and was given hearty
reception by the members, who turned ous
out in force.
Wednesday evening State Vice Councillor
W. Il. Kerr visited Valley Forge Council, No.
36l. accom- panied by p members Of Sons or
Liberty Council, No. 452 and Representatives
from several other councils.
The next new State Council viii probably
be or.anized in Missouri There are already
enough councils in that State to form State
body, and the National Organizer 10 now
perlecting The arrangements.
Arlington Council, No. 432, presented
flag to the Twenty-seventh ward public
school THANKSGIVING afternoon. State Vice
Councillor W. T. Kerr made the presenta-
tion address. Previous to the nag presenta-
tion parade was participated in by the
Southside councils.
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-11-27

FoUR-PLY linen collars and cuffs 2l00 fine,
go tomorrow at cents for coll ars, IL Gems
for cuffs. SALLER,
Corner smithfield snd Diamond streets.
Brass 'front.'
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-11-27

PERFECT action and perfect health result
rom the use oi De Wits Little Early Risers
A perfect little pill. Very small; very sure
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-11-27
Signs Of Health.

You don't have to look
twice to detect them-bright
eyes, bright color, bright,
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-11-27

When Baby was SICK, we gave her Castoria.
When she was Child, she cried for CastoriaA
When she became Miss, she chung to CastoriA
When she had Children, she gave them CastorA
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-11-27

RARE old and very fine rye whisky at Max
Klein's.
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-11-27

Car receipts for to-day: Wheat. 239: corn, ESQ
oats, 2T. Estlma tes for tomorrow: Wheat 13o
corn, Us; oats, i30.