Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-03-31
HEALTHY FIGURES
Bear Out the Prosperous Condition of Pitts.
burg-Local Securities Fairly Ac-
tive-saturday's Closing Quo.
tations on All Exchanges.

| tations on All Exchanges.
Pittsburg almost held her own, as compared
| with the previous weeks of the year, and as the
bank clearings show came out nearly S2,OOO,OO0
ahead of the corresponding time in 1889. This
| was a great achievement under the circum-
stances, and shows conclusively that her prosper
ity rests on a solid basis and is not easily af-
| fected.
Local securities were fairly active. Liquida-
tion was the rule but in the face of this several
of the specialtes showed gains at the close, and
the feeling throughout was better. Petroleum
was dull and active by spells, according to the
tenor of the news from the various fields, but
was weak throughout, Notwithstanding few
spasmodic rallies, and closed 1Ac lower
than the opening on Monday. Transactions in
| realty were slightly below the average, but
large number of deals were effected some OF
them being important. There was brisk in
quiry for all descriptions of property, showing
that investors are still in the market Agents
have a large number of orders on file, some Of
them from other cities, and with the return of
good weather and settled roads, there will be
revival of activity in this important interest
The money market presented the same con-
trolling features so often referred to during
the month. The supply was abundant, and
rates steady at 697 per cent. There was no
trouble to discount gilt-edged paper at 6. There
was fair demand for Accommodations, but de-
posting was heavy, and the result of the weeks
| operations was a considerable addition to the
| volume of unemployed capital. Indications of
| a brisk spring trade continue encouraging, but
it may be delayed somewhat by storms and bad
roads.
There was nothing in the stock market Sat
| urday to arouse enthusiasm or cause excite
| ment. Sales were rs shares. all In small lots.
Blocks would have brought more. The eau
| tious manner in which things were handled
showed that it would take very little to start
| an upward movement. Investors are not so
heavily loaded as reported, as shown by their
| readiness to pick up bargains.
The changes were few and for fractions in all
| cases, exc cept in that of the Metropolitan Ma
| tional, which moved up point to TO- Other
| advances we're Central Traction, Pleasant Val
| ley and Philadelphia Gas. The other improve
ments were more in feeling than figures:
| Luster weaker. Pittsburg and Citizens
| Traction about held their own. Switch and Sig
nal was trit1e weaker and Electric unchanged.
Sterling Mining Company, just listed, started
| off at 81 bid.
Sales we're 10 shares of Switch and Signal at
a 10 Central Traction at 2Ss4, 10 Pleasant VAL
8ix. >S' '' W
The Clearing House report, which has come
to be accepted as the most reliable business in
dicator, showed gain in the bank clearings
over a million and three-quarters, or, in exact
figures, Sl,74, 4l6 6S. The report follows:
Saturdays exchanges. es...............S2 OS0 796 66
Saturdays balances. es.................. 262 77s 20
Weeks exchanges. II, 523 295 "a
Weeks balances. s.................... 219, 534 20
Previous weeks exchanges. II, 1873, 247 40
Exchanges week of 1889 IL 745, S79 26
Balances week of 1Ss9... ........... 364, 4s9 S4
Gain in exchanges over week 1882 80. IT4, 416 So
]. G. Force bought so shares Pleasant Valley
at 265s.
Henry M Long bought 100 shares Pleasant
Valley at 263s
Rea Bros. & Co. bought 200 shares Pleasant
Valley at 265s
John D. Bailey sold 10 shares Merchants and
Manufacturers National Bank at 70L.
Sproul Lawrence sold 10 shares Central
Traction at %, and 10 shares Union Switch and
Signal at lfl4.
The total sales of stocks at New York yester
day were S7,l2l shares, including Delaware,
Lackawanna and Western, 1850; Erie, 6,400;
Reading, $500; st. Paul, 2 163