Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-09-04
STOCKS STRONGER.
Wall Street Makes a spurt-Good Trading
All Along the Line-Rumors Affect-
ing Both sides-strong and
Weak Spots, and
Good Wind.un.

Good Wind.Up.
NEW YORK, September S.-The stock market
to-day was more active than any day during
the past three months and the strength in the
leading stocks was very pronounced, approach
ing buoyancy at times though the general list
was more quiet and moved over a compare
lively narrow range. The buying. especially
! In the forenoon, was very marked for both
sides Of the account. The Chicago party was
very prominent, making the Changers. and Of
course the Northern Pacifcs, the leading
strong features. The Northern Pacifics were
again the leading features. and in the early
trading made most marked advances. Oregon
Iranscontinental was carried up in sympathy
and on an official statement of the plans of the
company. A rumor that Chicago. Burlington
and Northern would be finally absorbed by the
Burlington and Quincy this week caused
smart upward movement in the last named
STOCK, and while there was no confirmation of
the story in any way the greater portion of the
Improvement was retained at the close.
Rock Island was also favorite, and jumped
z per cent while ST. Paul and Northwestern
were comparatively sluggish. the former being
tnat gains in net earnings tor July were smaller
than expected. The Gould stocks were in good
request, and Missouri Pacific became active
and strong, followed by Wabash. AtchIson
weakness seemed to have little or no effect
upon the remainder of the list. and it is the
only stock showing any material loss as result
OF the days business. The news was not of a
character to have much effect upon prices
Lnongh 1t was rather of an unfavorable tenor.
Inc attendance at the board was larger than
usual of late and the feeling decidedly bullish.
AT the opening there was great eagerness to
Duy and first prices were materially higher
than Saturdays closing figures, the advances
extending to per cent.
The most marked upward movement was
started Immediately in the Northern Pacifics,
Burlington and Quincy and Hooking Valley,
with Oregon Transcontinental, Missouri Pacific,
ROCK Island and specialities following. Wis
consin Central and Michigan Central also be-
ment among the stronger stocks became less
pronounced A reaction was had in the after
noon, though in nothing but Atchison and st.
Paul was there any real weakness. A move
ment In Union Pacific, accompanied by a de-
cided increase in amount of business done, was
the special feature. Several specialities were
strong and scored material advances. The ex-
citement In the market died away completely
in last hour and the close was quiet but firm.
The entire active list, with few unmportanr
exceptions is higher tonight. Northern
Pacific preferred is up 31s. the common /,
gon Transcontinental lss, Rock Island and
Hooking Valley ~. Union Pacific 1T. Atchi-
son is IL per cent lower.
The railroad bond market was quiet, the
sales reaching 81, ,057, 900. of which the Hooking
Valley 5s contributed 100000. The tone of the
STOCKS and remained strong throughout. The
hooking Valley issues were the only marked
feature, and the SKIES scored another hand
some gain. rising 5 per cent, to 81.
Tns table sRSws ns
WHITNEY & STEPHENSON. oldest Plttsburg mem
bers of New York Stock Exchange, 81 Fourth ave-