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Pittsburgh Dispatch in Pittsburgh, Pennsylvania

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Newspaper

Pittsburgh Dispatch

Location

Pittsburgh, Pennsylvania, United States of America

Date

Feb 12, 1892

Page

7

Oil Field Activity Boom near McDonald and Willow Grove

Drilling intensifies across McDonald field with dozens of rigs visible from the railroad as new wells come in. Operators report varied production from several firms including Brown Robinson Copwell, Jolly Oil, and Forest Oil Company, with barrels per hour ranging from single digits to over 100 at some sites. Pooled lines report January shipments and stock totals, while land purchases and new leases advance as companies push for gushers amid ongoing rigging and sand oil prospects.

McDonald Eld Wicht Americas Oa Er McDonkin Field Overson Brown, Robinson & Coswell McMurray Noblestown Jolly Ofl Company Jennings, Guffey & Co Matthews Susan Herron Bell Greenlee & Forst Wade Gladden Devonian Ol Company Moran Bilott Learn & Burson Willow Grove Ceuckert & Learn W Ilow Grove Fife Forest Oil Company Martha Wricht Etta Glenn Coaten E. W. Glenn Woodland Oil Hollman & Co Moore Farm Forest OF Company E. Wright John Glenn Gonien Malarkey & Powbles Willow Grorr Gotfer, Murphy & Galey Cornell JM. Gattey WS. Guifer E. H. Jenkiss BO Scres P. Rend Rend Mead J. D. Santers Puseibbone & Co Kennedy Oakdale Theo Oakdale Oil Company John Wetmore Guttey & Queens Wetmore

Petroleum market moves and option activity report

The report notes March option activity in petroleum markets with Safe and Yoonlight Duying advancing early, then easing at the openings. overall prices firmed slightly before settling near steady. In New York on February 11, spot sales and futures opened higher, then declined, with total trading around 25,000 barrels and notable activity in March option openings.

Feo Sage Barreta

New Year Weather Affects Drygoods Trade In Woolens

Inclement weather limited activity in drygoods shops, with woolens especially sluggish. Demand for cottons showed improvement as brown goods and Dienchet lines moved in reasonable round lots, while colored cottons were requested in moderate quantities. Overall market tone unchanged.

Coffee market notes amid fluctuating futures

New York reports mixed coffee quotes with gains and declines across futures. Prices show variations from spot markets, with No 7 Rio and other grades moving inconsistently amid quiet trading and steady conditions in some futures contracts.

Wool Markets Receipts and Shipments Report

The wool market shows 12 000 pounds in receipts and 27 000 pounds in shipments as market remains quiet and unchanged.

Sr. Loris

Metal Markets Report Shows Mixed Copper and Tin Activity

In New York, copper trades steady and quiet at around 4.50 per pound while tin remains dull and steady near 19. No strong moves observed in other base metals as markets digest global demand signals.

Turpentine Markets Steady and Quiet in New York

Turpentine markets remain steady and quiet in New York with firm tones noted. Trading messages indicate subdued activity and firm prices as buyers and sellers hold positions amid thin spot activity and cautious market sentiment.

Grains Show Nervous Trading Amid Anti-Option Fears

Chicago wheat edged higher early then weakened with volatile moves and a close unchanged from yesterday as antioption fears lingered though influence eased. Corn, oats, and hogs showed mixed, firmer start then softening. prices steadied by close amid reduced momentum and dull market tone across futures and cash markets.

Chicago Paris Abraham May Spage Bolge SOQ Sye Anot

Building Schemes Rise From Paper to Plan in Pittsburg

A New Enterprise forms as McFarland and Mercur buy the bolt and nut works property between Forty-sixth and Forty-seventh streets for about $20,000. They will remodel to supply street railway wheels and axles. Local real estate activity follows with Maeder, Schmidt, Lenning and others planning multiple dwellings and business blocks in Alliquippa, Center avenue, Eureka place, Copeland and Oakland as Copeland grows from a brickyard town to a 2,000-population suburb.

George L. McFarland Duquesne Traction Road E .S. Mercur New York Car Wheel Works Buffalo Bolt and Not Works Forty-sixth Forty-seventh Streets Eighteenth Ward Pittsburg Carl Maeder Alliquippa Street Burcks Place George Schmidt Center Avenue Aiken Schmidt Eureka Place Fourteenth Ward Oakland Alfred Lenning Copeland Henry Smith Penn Avenue Lawrenceville St. John’s R. C Eeven Twenty-Eighth Street

Wall Street Surges as Major Stocks Rebound Strongly

The market closed vibrant with leaders like Jersey Central and Ontario and Western rising sharply. Reading jumped over 24 percent before a late rally. total NYSE volume reached 1,437,442 shares as broad activity faded toward a strong finish.

Jersey Central Ontario and Western New Yor Reading Exchange Delaware and Hudson Erie St. Paul Northern Pacific Atchison Chicago Gas Eeperms Rock Island Chicago East Illinois Delaware and Western Louisville and Nashville Missouri Northwestern North American New Jersey Central New England Richmond West Point Omaha Union Pacific Western Union New York WHITI

Home Securities Mixed as Downward Bias Favors Sellers

Stock market reports a fair day with overall value declines and profit taking ahead of a bulge. Birmingham, Pleasant Valley move up modestly while Central Traction rallies briefly then retreats. Trades include Manchester Traction, Philadelphia Gas, and Birmingham listed with varied quotes and bonds changing hands.

Keallee Birmingham Pienasant Valley The Stock Exchange Philadelphia New York Cleveland Central Traction Pleasant Valley Manchester Traction Philadelphia Gas Ars Pleasant Vane S Central Central Manchester Duquesne

Electric Stock Quotes From Boston Special Report

The latest Electric Stock quotations in Boston on February 11 show bids and asks for several firms. Fasten Electric Light Co and Thomson-Houston are listed with prices, along with European and Philadelphia stocks, reflecting market activity and bid ask ranges.

Boston Fasten Electric Light Co Thomson-Houston Ande Electric Co European 2 Co

Mining Stock Quotations of New York on Feb 1

A list of mining stock prices with issuers such as Adams Consolidated, Chollar, Crown Point, Consolidated California and Virginia, Homestake, Ontario, Ophir, Savage, Sierra Nevada, and Union Consolidated. Bar silver quotations show London at 414d per ounce and New York dealers at 9 1 2d per ounce.

New York Alice Adams Consolidated Rest & Belcher Chollar Crown Point California Virginia Deadwood Eureka Consolidated Gould & Curry Hale & Norcross Homestake Home Silver Lion Silver Mexican Ontario Ophir Savage Sierram Nevada Standard Small Hopes Union Consolidated London

Market Shows No Change In Money Features

The Market Presents the Usual Features Selling for Cash. There was about the usual movement at the city banks yesterday. Demand was below supply, but in view of better times coming lenders were not discouraged. A cashier said: One reason for the big ear plus we hear so much abonut is that merchants are a little busier. Then to be boring for cash and ee for cash. The 6 percent rate war attained. Bank clearings were 6!

Financial market snapshot shows modest gains and steady rates

The daily balance rose to 349,067 from the prior level but stayed under the yearly peak. On the New York money market, call money was easy at the day’s end. Industrial loans closed at 3 percent. Prime mercantile paper quoted at 3 percent. Sterling exchange remained quiet yet firm at 8.534 for 60 day bills and 4.814 for demand, reflecting orderly conditions.

New York Prime Mercantile Sterling Exchange

Financial notices and bank clearings across cities

The report lists Cuba A Bank clearings at 14,016,290 and New York exchange quiet at 85 and 60 day bills. It records federal bank clearings in St Louis and Chicago, totals for New York and Boston clearings, and varied money exchanges with rates around 6 to 7 percent.

CubaAco New York Exchange Sisa Louis Exchange Onew York Gia Vice Gine York Exchange Pnew York Hauk Clearings Bostos Exchange New York Pantaperenta Bank c Earings Mowery Battivone

The Home Markets Prices and Cereal Situation

The dairy and produce markets show higher egg prices stimulating demand while butter cheese and vegetables vary. Eggs from Tennessee rise, prices in other lines ease or steady. canned goods firm, coffee and tea hold steady with signs of advance. Grain receipts list multiple cars and the cereal situation remains favorable to buyers with limited price changes across the week.

Orror Tur Distatron Prrranvus Tovaspar Tennessee Grain Exchange Pittsburg Ft. Wayne Chicago Cincinnati St. Louis Lake Erie Western Doug Pei

Grain and feed prices and listings from a rural trades column

A fragmented display of prices and items for sale including meat and mixed feed, white middlings and bran, wheat straw and hay, farm staples, and terms like winter and spring varieties. The list references Pennsylvania and Ohio sources and several commodity categories with per unit pricing.

Aly Arena Pennsylvania Ohio Frocy Stralght Jean

Leather Market Report Shows Slow Movement and Steady Tanners Prices

The week saw slow movement in hides and leather with unchanged overall prices. Calfskins and sheenskins show light to moderate demand. No 1 green salted hides and calfskins quoted with reductions for No 1 stock while harness leather supply exceeds demand and prices hold barely.

Allegheny

Live Stock Markets Across Cities Reflect Mixed Runs

Receipts and shipments vary by city with cattle markets firm or steady in Philadelphia and Chicago, hogs mixed to lower in several towns, and sheep showing brisk or weaker activity.Kansas City and St Louis report steady to higher hogs, cattle steady, and grazing stockers stable amid overall fluctuating demand and prices.

Chicago New York Reeves Sheen Cincinnati St. Louis Eale Kansas City

Dull Iron Market Keeps Founders From Taking Contracted Iron

Eastern Founders report very dull business with traders not taking iron as contracted, signaling weaker consumption. West reports 10 000 tons sold by Louisville and Nashville Railroad while Eastern mills ignore 10 dollars. Beams market unsettled with 240 600 open for moderate lots, and a large 5 000 ton contract placed with major architectural works.

Eastern New Yorke Eastern Mills Louisville and Nashville Railroad Eastern Mill Brooklyn Ace Pittsboro Mill Boston

SICK HEADACHE remedies in old patent medicine ad

An OCR fragment shows an advertisement promoting Carter's Little Liver Pills as a cure for sick headache. The copy repeats phrases with varied capitalization, reflecting a historical patent medicine pitch.

Carter

Market notes and mining speculations from London to Cleveland

Leading Western market dispatches report speculative activity in stock and warrants steady at 436. Production remains heavy with furnaces up to 77. Scottish brands reduced shipping prices by about 9s yet demand stays sluggish. Pig iron exports for last month reach 40,000 tons vs 31,000 in January. Cleve land warrants firm at 366 109d due to freer speculative buys. Hematite warrants improve to 45s 7 1/2d with limited dealing.

London Onnal Cleveland Sremot

Accidents at Oakdale Oil Yard Injure Two Men

An incident at Oakdale Oil Company's No yard on the Sturgeon farm yesterday left contractor Alex McDonald and driller James Eisenburr injured. A joakee job in the Gordon sand and a mishap with tubing caused severe bruising to McDonald's left foot while Lund Rifenburg suffered a crushed finger, requiring amputation of one finger and fractures to two others. McDonald, of Lima Maine, is confined to his room for several weeks.

Oakdale Oil Company Sturgeon Heirs Alex McDonald James Eisenburr Pleasantville McDonald Lund Rifenburg

Dr. Fisher Endorses Remedy For Nervous Debility

Dr W H Fisher of Le Sueur Minnesota says the remedy is very serviceable for nervous debility sexual weakness brain fag excessive tobacco use ass drink in fevers and in some urinary troubles It is a grand good remedy in all cases where I have used it.

W. H. Fisher le Sueur, Minn

Also Mentioned on This Page

YEW Rigs Gordon Sands Ostvania Loah Gulley & Co Herron Keron Gulley & Queen's Samwel Wetmore Boyce Gakdale Nes Tisidwin Wallace Peninsylvania Southern Pine Line New York Transit Company Eureka Prygoods the. Cojnicer Larree Sanpis Kio Turpentine Markets Parnell F.c Mic Western M Philadfelysria Duluth Sige Northern Ste Kansas Minneapolis Mar Hace Highest Toledo Dull Liye Culloman, Sc Seaeaes Castoria Miss Big Eastern Values In West Third Street Renal Estate Exchange West Third and Greene Streets Avenue A Seventy-first Street West Thirtythird Street Business News and Gonsalp Sixth Avenue Black & Baird E. M. Gardner Edison General Thomson-Houston Electric Company Apollo Canton Sewickley National Hank Illinois Steel Company Wall Street M. Starling & Co Messrs W. A. Herron & Sons Aiken Avenue Shadyside Canada New Jerary Ico St. P.M Valley Litihy . & Hudson Den Wo Grande Illinois Central Lake Frie West Lake Shore Loulaville & Nashville Mychigan Centra Issourt Parisie Gontsge Bneal Saates National Lead Eee New York Central St. Lhoose el C Weneele Ma N.Y N.i Ee W Pti O. Saesen Norfolk & Wes Norfolk & Western Pfs Orego Pacific Philadelph Tavanssseeee Bleveteeleesees Pullman Palace Ovens Macnal Richmond St. Pan St. Pan Phalath Minn Pian Pacific Cattle Fd. Trust Boston Storks Oursarge Tentral Annual Co Central. Com Boston Land West End Land Co West End Land Co, 17 Ooo Te NF Yey Ona’ Colony Weeks Aan Lamson Store Co Atlantic Weses Goi Boston & Mon Homson-To Home Securities Pittsburg Tract Pathenett Valler Boston Electric Whitney & Ert EAI Asetsbia Fourth Avenue Stoc No Pennsylvania Railroad Ae Lehigee Pacific Pre Navigation Philphia & Eric Bae Angie K Lie Nod C. Int Es Coun Northern Pac Tm Louisians Orshwin d New Wet Tenn Bos Ste Yy den R.G Ericssen Sy Pacific P.o.kx Tata Miets Wisconsin Illreis Tacalas Tive Mammoth Pitig Brass al Aren Mene Anton Pines Shane Ingrid Jane OG Rio Java Maracaibo Santos Diese Caracas la Guayra Sitoasten Old Government N. O Tad Cain Qlee Carolina Muscatels Valencia Sultana Turkey Brazil Fureke Mac le Heheiy Lake Tront Holland Herring Zic Walkert Hans East Liberty Tae Distatos Prrrencne Tacnapar Philadelphias Yorkarn Suerxe Beecham New York Depot Canal St Scott Ily the Mercantile Agency R. G. Dun & Co Westinghouse Building Corner Penn Ave Ninth St North America Eme G. Stucky Penn Ave Felten St Brokers—Financial Peoples Su Edward E. Duff Sec Treas John M. Oakley & Co Bankers and Brokers Pierce Whittier Pattsburg Pittsburs R.m Peon Avenue Wadrio Chemical CO U. 5 Dearborn Street Ill Pittsburgh Fleming & Son Gto Ine Pugeoy Smithfield St A. J. Kaerchor Feder! St Allegheny Cit Gray Per Daress Gray Medicine CO Buttale UsIsa Nates Piteeburg Jos. Fleming & Bon, Druggista Angelos Medical Institute Co. Canton Wood Addoes Wood Chemicat Woodward Avenue Detroit Mich Pittisburg Jos. Flewing & Son Market Street HL Lake M. BR. CP. S Eele Medical Co Suterteg Sas Mate EK Louls
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