Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-02-28
CALLED A HALT.
Stock Brokers Awaiting Pointers From
Washington Before Making important
Moves-The Bears in Control of
the Market-Ronda Quiaf.

NEW YORK, February 1.-THE stock market
was a little more active to-day, though the in
creased business was almost entirely owing to
the heavier operations upon the bear side,
which also had the effect of sagging the gen.
eral list of, while some shares showed marked
declines for the day, and prices at the close
were about equal to those of Monday There
was very little news of a character to affect the
market and operators are still in the waiting
humor, the acceptance of the office rendered
him by Mr.. Walker, and the desire to know
something of the policy Of the incoming admin
istration, causing holding off, which gives for
the time being the making of quotations over
to the bears and traders. There was more
general distribution of fayors by the bears to-
day, and the Grangers. New England, Atchison,
Missouri Pacific and the Coal stocks all felt
the pressure at times.
London was again lower, and was apparently
a seller in the early dealings, but there was q
good demand at the figures, and for time the
market had strong look. but the pressure
became too strong when the first demand had
been satisfied, and the downward movement
became general though slow. Chicago was the
head center for bearish rumors, however and
reports of discouraging nature from that
region we're numerous, and offset to marked
degree such tendency to advance as was shown
in the forenoon. Protests by shippers in
Illinois, Wisconsin and Minnesota against the
high through charges. the consideration of a
new railroad law in Wisconsin and cutting of
rates by several of the most influential lines
were the principal burden of these reports.
A few strong spots were developed, and the
Oregon shares showed marked disposition to
rally. though improvement, after reaching its
best figures of yesterday, los. all the advance
Manhattan continued its upward movement
and scored handsome gain on large bust
ness for that stock. The movements in the
rest of the list. however, were small and unim.
portant. Dizziness became the most prominent
after 2 o'clock, and Manhattan made sharp
advance while the others sagged off slowly
until the close of business, though Richmond
and West Point was strong in the last hour.
The close was quiet and heavy at the lowest
prices of the day in many instances Almost
the entire active list is lower. Oregon Improve
ment lost per cent; Denver, Texas and Ft.
Worth, ~; Atchison and New England, lL
haitian showed gain at the close of 1% per
cent.
There was moderate degree of animation
in railroad bonds, but the same lack of special
feature marked the trading, and no decided
tendency of prices in either direction could be
seen. The sales of all issues reached ST. 4s7 600
but the only bond showing any special activity
was Atlantic and Pacific IS, which contributed
SA5, 900. The most conspicuous advances were
Jersey Central lists ~ to 1867; Illinois Central
As of 1851 3 to 109 and Louisville, New Albany
and Chicago lists ~ to II.
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: