Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-06-12
ACTIVE IN SPOTS.
Good News Saves Western stocks-Conlers
Bought on Large Scale-NO Encour.
aEement From London Some
NotohIa Advuucas G.o,oI

NEW YORK, June 1.-THE stock market to-
day was quiet and firmer for most of the list
but in spots it was decidedly active and very
strong, and among such shares marked ad-
vances we're scored as the result of the days
operations. The status of affairs in the West
showed no change; the interest in the granger
stocks was small, and they became compare
lively quiet, with small fluctuations Then
of the day from the West was rather of an en-
couIaging tenor and there was no inducement
to attack the Western stocks The bullish feel
ing upon the Vanderbilt stocks continued and
those shares, while not so prominent as yester-
day, were more active than usual and strong
all the way, though their movements were on a
small scale.
The trusts were less active but exhibited the
same buoyancy, and sugar reached the highest
point yet attained in the rise, the rumors in
gard to 1t taking the shape that there is large
amount of undivided cash in the treasury of the
company. London prices this morning were
slightly lower than figures of last evening, and
this market got no encouragement during the
day from that center, showing that the specu-
lators on the other side are not in sympathy
with the present movement. Notwithstanding
this fact, first prices here were generally from
e to a per cent above our last
evenings figures, and while the interest in
the trading was confined to few shares, such
as the Coalers. St Paul, New England and the
trusts, further advances were scored in the
early dealings, which, however, outside of the
trusts were fractional only.
IOWdTQ HOOu LIE lndIkeL uElII6Q 1nLO DULL
ness and some recessions from the prices of
the first hour were made, but after that time
there was renewed buying on a large scale in
the Coalers and Jersey Central rapidly ad-
vanced to liz, the highest price known in the
stock for years. Delaware and Hudson fol-
lowed closely, and at last crossed Lackawanna,
reaching l471%, while Lackawanna was not
sluggish, especially toward the close. Even
New York, Susquehanna and Western be-
came active and advanced materially The
movement in Reading was smaller but the
transactions in the stock during the last
two hours were on large scale There
were the usual reasons in the last
hour but the strength of the market
was removed and the close. was active and
strongest at about the highest prices of the
day. Among the low priced shares there were
marked movements in Southern Pacific and
Colorado Coal. In the unlisted department
there was little doing outside of the trusts, and
while the Phoenix was higher Brunswick was
dull and slightly lower. Everything is higher
Delaware and Hudson rose 336 Jersey Central
81, Lackawanna 2 Colorado Coal TX. Susdue-
hanna preferred ". Reading and New En-
gland II each, and Big Four per cent.
Outside of few issues such as Reading A.
which contributed S14l, 600 and Richmond and
West Point trust 6s, which contributed sIl2O00
to the,days total of 81. 900 there was little
animation or feature to the dealings in railroad
bonds to-day. and though there was firm tone
throughout the movements as a rule were
Insignificant
The following table shows the prices OF active