Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-04-16
GOULD'S HAND
Again Seen and Felt in Wall Street, Result
ing in Some Weakness Pittsburg
and Western Scores n Gain
of Two Pofufa

Oh Two Points,.
NEW YORK, April 15-The stock market
was feverish and weak during the most of the
time to-day, and while some stocks show ad-
vances the great majority are fractionally
lower than on Saturday. The market was
quiet all the way out as there was little dispo-
sitlon to buy stocks. The dealings for the most
part were in the hands Of the professionals and
traders and outside interests were very quiet
London doing little and Chicago almost moth
ing. The news of the day was very meager, and
commission people, while doing some buying,
were not factor in the course of prices
The opening prices we're somewhat irregular
but generally lower. Atchison was down "a
and Rock Island Il, though Louisville and
Nashville, which had the support of London,
was up half per cent Considerable pressure
was brought against Atchison again, and the
trouble between the Union and Northern Pa
cifc over the Oregon business. resulted IN the
marked weakness of the Oregon stocks, all of
which made material declines, though the
larger lines were well held throughout
After some feverish movements the market
settled down to dullness before noon, but it
was generally kept on level with the opening
prices until well into the afternoon, when the
attack was made upon Burlington and the
grangers led the downward movement among
the active shares, st. Paul being affected by
the report of its business for the calendar year
of 1887. The general uncertainty over the
position of Mr.. Gould upon the market re-
haitian, Missouri Pacific and Western Union
all retired more than the general list
A few Of the specialties showed considerable
strength. Pittsburg and Western was espe-
cially prominent, rising about two points to-
ward delivery hour, when the market received
some support. Short Line recovered a portion
of its sharp loss of the forenoon Sharp pres
sure was brought upon Reading also, and after
it had sold higher than at any time last week.
it was sagged on slowly though its loss was
confined to small fraction, and the other
Coalers, with the exception of Jersey Central
sympathized in the movement. Consolidated
Gas made sharp squirt up in the last hour and
everything else moved up slightly and the close
was comparatively firm, though dull at the fig
ures.
Large amounts of Reading were called in and
the stock commanded premium for use Of
l-64th. but the operation seemed to have no ef-
feet upon the stock. The final changes are
generally fractional losses. Oregon Navigation
lost 8 Manitoba "a, Short Line 2 Manhattan 2
and Burlington 1S, while Consolidated Gas
rose lN. 49,
Railroad bonds were quiet, but there was a
fair business done, as usual distributed over q
large number of issues, and although the Den
yer and Rio Grande assented bonds Ft Worth
and Denver firsts and Canada Southern seconds
we're more active than the rest, their sales
were not specially large The total was 81. .6l2
The market was in close sympathy with stocks
throughout and most issues traded in are lower
this evening. The principal losses include
Chicago, Santa Fe and California lists 21< to
971l and Hooking Valley IS 2lS at 70.
The following table SHOWS the prices OF active
stocks on the New York Stock Exchange.
Corrected daily for THE DISPATCH by Whit
ney & stephenson, members of New York
Stock Exchange, 81 Fourth avenue: