Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-05-25

money yesterday the banks are in . stronger
position than for some weeks. This caused a
lively covering OF shorts, and In the last half
hour of business prices advanced sharply, es-
pecially In few of the leading shares which
have been sold short to q largely Of late.
The opening was rather heavy under the
sales OF the professional element, but tne regu-
lar list immediately developed . rrm tone, not
withstanding the fact that there was great ex-
citement in Sugar Rehneries and sharp and
material decline in its price from 9O1 last even
ing to 81. The stock was very feverish through
out, but participated in the later revival and
recovered almost all of its early loss. Lead
was inclined to follow, but its movements. as
well as its animation, were on much smaller
scale. Distillers' Trust however, was marked
exception, being advanced on the reported alb.
sorption Of opposition concerns and promised
increase in the rate of dividend. In the regu-
lar list the only stocks showing any important
movement was step which was steadily appre-
ctated even when the rest of the list were sag
Rtng. A few specialtles showed wide huctua-
tions, but the rest Of the list were traded in
over narrow range. The close was active aud
strong at about the best prices of the day.
Most stocks show slight gains for the day. but
Distillers' Trust is up 81 and st. Paul IL, while
Sugar is down ~.
Railroad bonds were quiet and displayed a
heavy tone throughout the session. with the
result of leaving most of the list only slightly
changed from last evening. while the few i'm
portant changes were about equally divided.
The sales reached $651, 900, the business being
unusually evenly distributed. Among those
which are higher are Richmond and West
Point trust 5s, u at 50Z.
The sales of bonds for the week aggregated
s1l. SIS, 600
Governments bonds have been dull and steady.
state ponds have been dull and featureless.
The Post says; The market was feyerIsh and
unsettled during the week, and the net result
OF all changes was to leave the majority of
stocks from u to per cent lower than a week
ago The bank statement was more favorable
than expected, and prices advanced IN conse-
quence. The announcement that the Atchson
had acquired San Francisco and full possession
of the Atlantic and Pacific was reflected in
higher prices for the San Francisco, while
Atchison was only firm. The Coal stocks were
lower. Reading, Lackawanna. and Delaware
and Hudson having been down to per cent
for the week. The Changers and Southwest
erns were only fractionally lower, but the mis-
cellaneous stocks generally were higher. Rail-
road earnings continue heavy Notwithstanding
the war in rates among the Western roads, and
there Is reason to believe that the reports from
the West are considerably exaggerated. The
money market, while firm. has been well sup
piled with funds and the general temper of
speculation is strongly bullish.
The following table SHOWS the prices or active
stocks on the New York Stock Exchange yester-
day. Corrected daily for The DISPATCH by
WHITNEY & STEPHENSON. oldest Pittsburg mem
bers Of New York Stock Exchange, 81 Fourth ave-
nue.;