Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-03-04

are now brought down to near the gold I'M
porting point. The agitation of the question
of postal telegraph induced an attack upon
western Union and a decline of per cent was
at ons time established, but a portion OF 1t was
afterward recovered. st. Paul also came In
for some pressure Tennessee Coal was un-
usually strong in the early dealings, put iost
all OF the improvement later in the day, Wnlie
sugar was sold down at first but rallied Sharply
toward the close and stands alone this evening
IN showing marked improvement over Satur-
The rest of the market were generally dull
and steady, though Rock Island, Union Paclnc
and Louisville and Nashville were compare
partment the deal in Freeland Mining marked
further progress and on large transactions it
rose from 20 to 125, closing 10 cents lower.
Sugar shows gain of per cent, but the ,as other
changes, while generally in the upward direc-
tion, are all for Insignificant fractions.
Railroad bonds have been little more ac-
tive to-day, but the character of the dealings
underwent no change, and prices, while show
ing general droOping tendency changed little
and the important changes of the day are very
few. The sales of all issues reached sl,0SOO0,
which was widely and evenly distributed.
Minneapolis and st. Louis firsts rose S to LOG.
The Post says: st Paul was the most per-
sistently sold. and therefore, the most active.
Other stocks, however, were comparatively
firm, and none of the active stocks touched as
low prices up to IL o'clock as they did on Sat
urday, except New England, Northern Pacific
preferred. St. Paul and Western Union. The
last mentioned was per cent lower to-day. ",
tnan its lowest price of Saturday. presumably
in consequence of the dispatches from Wash
:ngton to the effect that the members of the
Senate committee who have charge of the
postal telegraph bill are believed to be very
favorable to it, and will so report to the House
and also that in case it becomes a law and the
Western Union should refuse to lease wires to
the Government on the terms offered, a lot of
Philadelphia capitalists stand ready to con-
struct new lines for lease to the Government.
The colder weather was, of course, Slightly
favorable to better prices for the coal stocks,
though the winters business is gone now, and
even If the winter should be cold through this
month it would not help the general aspect of
the coal trade much for this year. Lackawanna
was strong all last week, owing to investment
buying that was induced by It's rapidly increas-
ing traffic. But. with the higher rates for
money on Friday, it was affected because it was
a high-priced stock and therefore more costly
for spectators to carry. But the reduction in
the rates of foreign exchange this forenoon
puts it down to the gold importing point and it
is to be expected that this will bring gold some
time before long and so relieve the money mar
ket
The following table shows the prices OF active
stocks on the New York Stock EIcnange yester-
day. Corrected daily for THE DISPATCH by
WHITNEY 4 STEPHENSON Oldest Pittsburg mem
bers Of New YORK Stock Exchange. 81 Fourth ave-
nue.: