Department Communications Mail Instructions
All communications for this department must be mailed to reach THE DistPatch no later than Saturday morning. Reasonable space will be freely given to all organizations classified under this heading.
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Newspaper
Pittsburgh Dispatch
Location
Pittsburgh, Pennsylvania, United States of America
Date
Dec 14, 1890
Page
5
All communications for this department must be mailed to reach THE DistPatch no later than Saturday morning. Reasonable space will be freely given to all organizations classified under this heading.
The Knights of America announce the election of officers on New Year’s Eve. Grand Commander W B Kirker and Grand Vice Commander J C Dann plan visits to Spartan Legion No 7 of Allegheny tomorrow evening. Colonel C V Lows issues a warform price catalogue, with printed copies to be distributed. A board meeting instructs a grand commander call to gather comrades in Pittsburgh and Allegheny for demonstrations of new work. A social session is set for January 8 at Grand Army Hall with free tickets for members and their families, featuring Miss Edith Atkinson and Miss Cora Trenter among local talents.
Several fraternal councils report growth with four new state units forming this week bringing the total to 553. Notables include William Thaw Council events in Masonic Hall and the Laurel Council tenth anniversary at Turner Hall. Plans feature music for parades by Altoona and Canton bands and a December 27 hall dedication at Sterrtt building Allegheny. Fundraising for the Washington monument parade continues with $2000 needed and Eli Perkins to speak at Carnegie Hall to aid the fund.
Several new councils are planned for the locality with Banks ville set to institute a new council this week. The Pride of the West Council plans a bean avetian on New Year's night and a box social under the Officers' Association achieved big success on Tuesday evening.
Goatwill Council No 12 plans officer elections next Friday and an anniversary event at Masonic Hall Allegheny with Rev William Best to speak on William and Washington at Carnegie Hall. Fort Pitt Lodge No 888 will host multiple initiations Tuesday as the order grows rapidly with several notable members invited.
The city shows a confident 1891 outlook with rising property holders, strong real estate demand, and a thriving lumber trade. Allegheny City sees million-dollar sales. Northside and McKain plan districts grow with new dwellings. Permits total 60 buildings valued around 100,078 dollars as market activity accelerates.
Encampments report missed lecture on Navy actions in war and reveal a Gettysburg engraving gift from Col J A Joel. A mysterious secret surprise for Encampment No 1 is planned for December 18. Auxiliary No 1 elects new officers led by President Mrs Wheeler and Secretary Mrs Foulk. Encampment No 6 hosts German army lecture by Rev M B Riddle with J H Stevenson master of ceremonies and Rosebud Mandolin Club performances. NATIONAL COMMANDER MILDER visits Wilmington with multiple encampment delegations amid fireworks and red, white and blue decor. Guides note public relic displays and a planned open hall for relic department.
The river fell to 4 feet 5 inches. The Keystone State will arrive from Cincinnati this evening and depart tomorrow. Only towboats Dauntless and Frank Gilmore were down yesterday with light tows. The Congo arrived late last night and left for Cincinnati this morning. Her upriver cargo included 1,700 barrels of molasses.
Office of Pittsburg Dispatcher reports December 13 1880 stock yard activity Cattle receipts 1065 head shipments 1875 head market quiet all through consignments 16 cattle cars sent to New York Hogs receipts 4500 head shipments 100 head market dull Philadelphia prices 3 4 5 mixed light workers etc 7 horses shipped to New Haven 1200 head shipments 1100 head Lead market quiet no sale noted
A Boston meeting opened with assignee Charlies HL Allen detailing liabilities of 1 077 249 dollars and contingent liabilities of 441 000. Assets were listed at 1 091 768 dollars. A committee was appointed to negotiate with the firm for the best offer.
A vintage ad line traces Castoria usage from infancy to motherhood, noting its claim to soothe a sick baby, cry during childhood, comfort a young miss, and ease care for children across generations. The jingle emphasizes the product as a constant remedy in family life.
An uncertain week in the market ends with gains as some weak holders sell off and buyers step in. Traders note closing strength driven by short covering and renewed appetite for cyclicals.
Investors shifted from scare over Electric to relief as reports showed no real crisis in the firm, sparking a late rally. The day and week saw modest gains across gas, electric, and coal stocks with Philadelphia Gas rebounding and major exchanges reporting total weekly sales near 2,952 shares, led by utility and rail listings.
Bankers report improving finances with easier loan access and steady clearinghouse activity. New York weekly bank statement shows reserve gains and loan declines, while bond quotes and city clearings reflect a stabilizing money market across major centers.
The oil market rose 2 cents last week marking a rare gain as six day clearances totaled 178 000 barrels. The advance followed reduced field output and prospects of cutting ties with Standard via an open market, with refined prices up. Local traders, including McGrew Wilson & Co, remained optimistic at closing.
Dec 13 dispatch notes National Transit Certificates opened at high and low marks with about 248 000 barrels traded. Prices showed 6 1/4 to 6 1/2 cents per barrel with notable activity on delivery dates and volumes across the market.
The New York stock market opens with irregular movement as heavy selling by arbitrage brokers pushes prices down from initial declines. A favorable bank statement later steadies the market and leaves overall levels only slightly changed from last night. The early decline is linked to rumors of a London operator's failure with large American interests.
Trading opened with losses but recovered as bank statement showed a surplus reserve strengthening banks against the 25 percent rule. Gains faded as bears pressed and a large short interest limited further advance. The market closed firm with a modest overall decline. a notable rise in specie and gold certificates boosted confidence despite later selling.
Henry Clews & Co notes no major weekly change but signals a shift toward recovery with room traders active and outside buyers modestly investing. Banks show improved tone yet commercial failures linger, while money supply relief remains tied to lawful gold reserves and gold transfers from Europe.
The piece notes liberal cash inflows from the West and anticipated bank reserve reinforcement signaling a potential recovery in money and stock markets. It mentions some leading commission houses resuming stock purchases on margins and hints at railroad merger talks may lift prices. Bank flows show a net cash gain domestically with losses abroad, and next week gold inflows from incoming steamers are expected to bolster reserves.
Telegraphic market note from John M. Oakley & Co. reports a cautious Wall Street mood as London rails faltered and buyers stayed scarce. It notes holidays approaching, doubt over immediate gains, and money loosening while bank statements look decent though not as strong as hoped.
Wheat showed early strength before easing to a small Friday gain of 4c, with May futures moving from 1.0084 to 1.0054 and final sale near 1.0144. Corn and oats weakened, with May corn about 37 1/2c and oats trading weakly, while pork and ribs traded with modest declines and overall easy tone.
Discussion in the Central Board on admitting six year olds to public schools in September January and April as in other cities. Educators cite legal age limits and potential bias while teachers weigh better grading against crowding. Christmas gift customs among pupils prompt concern over equity and teacher reciprocity. A large high school intake is anticipated at the end of December with several named speakers and local school events noted.
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