Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-10-30
GOOD IN SPOTS.
Railroad Shares More Feverish Than Ac.
tive-The Conl Stocks and Sugar
Trust Conspicuously wenk-Early
Loaaea Partly RccOvered.

Losses Partly kccovereds
NEW YORK October 29-The stock market
to-day was active in spots, but the general list
was quiet to dull, and feverishness marked the
dealings from opening to close, while the coal
stocks and trusts were weak and the Wander
oilts, Union Pacific and specialties were strong,
all within narrow limits The news Of the day
was not important, and while there seemed to
be great indIsposition to buy the selling was
done principally by the traders, though the few
weak stocks were the objects Of bear attacks.
There was considerable support to the market
from the covering of shorts, aided by some lit
tie purchasing by commission houses. The
market was narrow and uninteresting through
out. Is-
Sugar took up the greatest amount of atten-
tion. and the selling of that stock at the open
ing was very heavy, supposed Ly some to be in
side offerings, but which had the appearance
Of another bear drive to others. The stock,
after opening only H lower at 691z, rapidly re-
ceded to 673z and. after material recovery,
dropped to 673z. There were undoubtedly
large covering orders executed at the decline.
and the recovery from the lowest prices extend
ed to per cent, and it closed strong at 70N,
Cotton Oil was strong when Sugar was weak.
and weak when Sugar was strong, and in the
last hour it was sold down to Al, against 42,s at
the opening.
The Coal stocks were the weak spot in the
regular list, and persistent efforts were made to
get Reading and Lackawanna down, with con-
siderable success in the latter. though the final
decline was not important There was notable
support of Reading by the interest which has
stoed behind it for a long time. The Wander
bilts were strong, but moved within narrow
limits, and failed to make any material i'm
provement, while among the specalties Den
yer, Texas and Fort Worth and Colorado coal
were conspicuous. the latter after a material
decline at the opening. The dealings were
marked by great irregularity and fever
ishness from the opening, which showed differ
ences from last evenings figures of from 70 to
4 per cent and while the early tendency in the
regular list was to advance, the changes from
strength to weakness were frequent and rapid.
The general result of the mornings business
was to leave the active stocks at a shade under
first prices, the only really weak spot being the
Coal stocks and Sugar. There was more
settled tone to the market after noon, and the
early losses were generally recovered with
something in addition, but the pressure upon
the list in the last hour accompanying the de-
cided weakness in Cotton Oil made rather
heavy close The final changes are Irregular,
but in most cases in the direction OF higher
prices, though while Sugar rose ~ and Denver,
Texas and Fort Worth per cent Cotton Oil is
down " and Northern Pacific per cent.
Railroad bonds were again comparatively
dull. the sales reaching only 81, ,050, ,00O and no
active feature was to be noticed.
The following table SHOWS the prices or active
stocks on the New York Stock Exchange yester-
day. Corrected daily for THE DISPATCH by
WHITNEY STEPHRFsON, Oldest Pittsburg mem
bers Of New YORK Stock Exchange, 81 Fourth ave-
nue.: