Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-05-06
UP TO STAY.
Railroad Earnings and Prospective Silver
Legislation Give Railroad Shares
Big Boost--Gains All Along

the Line.
NEW YORK. May5-Tbe large earnings of
oil tb ro,Iroodo &c rooo,-Ir rano,+.d &c ro,D
-. - - =. 81
having tnelr ieg'timate enect III tne sIocK mar
ket, ana they, together with the prospects of
the Massage of silver bill, are the principal
sustaining elamants in tho sitnotion Tbe ,nar
To- is rns, oir,os. o,.;-oI, ;n,or;, r. ss,,;n,
IIo- ~ ".noss isnoius '.o "
western roads, anu tne recently puDlsheo In
terv1ew with several OF the Western railroad
managers have not had an encouraging effect
unon the stocks of the var;ons nronert,es
L;L g., .-o. ,.:
erect on the rest OF the stock list The market
to-day was unusually active the entire session,
and the commission bouses ranort that ont.
siJers arc t.Iinn 80 irtar.st ~ ~. snao1Ia
80 "to 'AAs Anoie in'eie GOV Al 'ne 'peouiH-
tion-
The recent predictions that signs of returning
strength indicated that revival was at hand
that would hiring hack business enonoh in the
60. - oaeA BUSINESS snousn IN 'no
etieet 70 make II equai 70 tnat OF ten years ago
"ere Eerlneo. Not"ltnstandlngt the continuous
talk OF reaction indulged in last week, and the
besitating nature of the market on the last two
davs of the veal to-doy,s r,or1,a. ,zos st,onr,
80 onon huoro,,4 1;tn , was ssions
bnS;nsss y, tS din mitm very iargS soiums Oh
sto,o s,, ~ o ~ lS eeooAs' w, ne leauing
9.lons ssocAs u tne uay were Wheellng and
Ian TT Eiie common, Mannattan. Atchlson, Ore-
sUd Np;Ii TLi & eAas aGlnc LoulsVllle
anu anu ~ asMfhie, CniGaso Gas, anu even Mlssour1
%aoaTna to,,a th. ~ :. .ne ,,,e Ias. nour when IL
paai, peeao AIomn tnaI ~ was represented at tne
fIesIuentS neetIhe al CnlcaSo. Inc Duylng
!or o1Isiue centers was larger tnan Tor some
1l tine. onlcagp puying the w Westefn STOCKS while
e. puic5@seu 5 tS @ a.cison anu o!1els OF lts
A. Sr0i''e'' anu 'no o"ino may oe eaiu oi Aon'
uon.
Inc operations OF several new cllques and
Poois, formed lately, were very active IN giving
tne Onoyant Tone TO Ihe TRANSACTIONS. while the
s were i iebs t rapiay IN sne rear everything
sharea SHARED, III tne lnprovenent, Ven ana tne trusts
Showeu hucu lnore Hie IMAM usual Oh late,
lead ana COTTON OIL especially. Inc market con-
tinued TO advance throughout the day. with
nttle Dut sllght set PACKS, ana the close was
very act5ve anu strong at the Top ngures. ST.
Faui, oregon, iranscontInental Atchison,
t1se acaaManna' ' Onicaso Tas; nicnmonu and
west folnt, sugar and lead were the most
prominent active features. Chicago Gas led
tne upwaFu on noYement % anu SHOWS gain thls
evening VI oIs per cent VIII AtChlsoh, !rans-
continental, lead and several other specialties
1olloWlng.
Ine rallroad Dond market was also more ac-
1--WE, and the sales reacned S2-6OoOO0, with the
same issues That nave led the dealings of late
most prominent, sncn as Atchlson incomes,
ana the Reading SECONDS. Inc market was
strong all through the list, but the feature of
the dealings was the strength shown by the
Kansas ana Iexas issues, the advance IN the
os recelpts running up 10 ~ per cent, while the
other changes were generally tor fractional
amounts.
The Post says: As there is considerable
speculative talk about Oregon Transit, it may
be SAID that at the present prices of the securi-
.ies WHICH III nolus, Inc oniy opslacle TO the
seduent realization of this amount was the ont
standing So, ,554, OO0 of per cent bonds. for the
snonsib,e Nov that a synSic.te hasdaS ~ re- h,,
nrayal Moroap A 10 baS haan or1,n;.oL -