The daily morning Astorian. [volume] (Astoria, Oregon) 1883-1899, 1895-04-18
AFTERNOON
The Associated Press News Contained
in the Afternoon Dispatches.

III lliI
Pittsburg. April ,l7.-oil has now
reached that dizzy height where spec
ulaltors are afraid to deal in 1t, and
was not on sale in the Pittsburg
EXCHANGE during the first half-hour
today. while the sales on the OIL CIty
exchange during the same period az
gresated only 1000 barrels. The stand
ard again put up ITS price % cents to
$3.50 and May option was offered at
the opening at 1910. Cash oil was of.
fered at S2.66. There were no buyers,
and the price gradually dropped 10
$3.50; then to $2.67, and ait 1890 $2.65
was hid. While many brokers are pre-
dieting $500 oil this week, few have
sufficient faith in 1t TO invest. David
Kirk. one Of the best posted men IN the
oil business, in discussing the present
boom in oil, said: Petroleum will be
the means of bringing the country
out of a period Of depression that has
prevailed for the past two Years. The
most important effect Of the increased
price on the finances of the country
will be am increase in the amount of
gold brought into the country in pay
ment for petroleum. We export some
thing like 2O,OOO,O 900 barrels annually;
with oil at the present rate we would
receive something like $35, OOO,O 900 for
,ur exports. But that is not the only
Influence ait work. Our manufacturers
are already feeling a BOOM"
Washington, April 17.-There was
much complaint during the past year
If the abuse of Americans in Guatema-
Ia. The department of state has called
FOR explanations from the Guatemalan
government and directed Investigations
through the consular officers upon
which to base THE demands for indem-
lity. officers here profess to have no
Information yet as to the instructions
jcnt the British war vessels for the
enforcement of the ultimatum against
Nicaragua. Those in a position to un-
ielstand THE Status of affairs however,
express a belief that the British instruc-
ions are on the following lines: First,
bere shall he no exercise of force
which Shall effect THE commerce of
he United States or her citizens or
If any other foreign countries. Second,
he exercise of force shall be confined
o a passive blockade of the Nicara-
suan ports.
Yokohama, April 17.--A Fiji newspa'
oer states that the terms of peace
,oncluded between China and Japan
include Che cession or THE territory
from THE Yalu river to THE Liao river
IN the southern portion Of the L|aio
Tung peninsula, on which Port Arthur
md Regents Sword are situated, and
including Yin Kow, Han Chen and
Chu Lien Cheng, also the island of For
mosa, and the P~escadores Islands,
an indemnity of 200, 900, 900 taels pay
able in six years, the abolition Of the
Chinese extra terrltorlality, the pre-
servation of Japan's extra territoriality
and certain commercial privileges for
Japan.
London, April 1.-THE st. James Ga
sette this afternoon, commenting on tn?
latest development in the dispute be-
tween Great Britain and Nicaragua,
says: There is a wonderful ignorance
IF diplomacy on the part Of the Amer
lean Journalists. The Monroe doctrine
has been a doctrine for sixty-two years
md has not been acted upon yet. When
Great Britain has serious difficulties to
settle with South American Republics
It will not be prevented from doing
70 by anything but settled internation-
IL laws.
Bradford, April 1.-THE oil excite
nent continues. The speculation ele-
TENT is plunging heavier than ever.
'ipe lines are paying $3.50 on the re
Jort Of refined oil being advanced in
europe.
Tien Tsln, April 17.-Japan's occupa-
ion Of Port Arthur is temporary, thus
nsurlng China's integrity on the main
and of Asia after a term of years, and
l%verting a possibility Of European in
difference.
Glasgow, April 1.-THE Scotch OIL
Company, at a meeting here today
'aised the prices of petroleum Cd. per
%7allon, making an advance of Sd. in the
past week.