Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-04-09
SAVED BY A SCRATCH.
Unlisted Shares Prevent Total stagnatiop
in Wall Street-A Few Good Fen.
lures md Many Bad Oues-No
TmDorfauf Chnn0es

lures md Many Bad Oues-No
Important Changes.
NEW YORK, April S-The stock market to-
day was intensely dull in the regular list but
showed some animation in the unlisted depart
ment, with few wide changes in the special
ties to save the dealings from utter stagnation.
Not one of the usually active stocks fuctuated
over a range of more than "a per cent and
while Union Pacific, Atchison, Lackawanna
Chicago Gas and st. Paul were more active
than the rest of the list, there was no interest
in either of them.
The news of the day, especially that from
the West, was rather discouraging, and the gen.
eral disposition was to await further develop
ments in regard to the Western railroad sItua-
tion. This only restricted trading an failed
to cause any weakness in the market anywhere
The bears were afraid to hammer the list after
their experience with Union Pacific, Missouri
Pacific and Reading yesterday, and the last
stock was very active to-day.
The unlisted department was unusually
prominent to-day. and some buying of Sugar
by the traders upon the discovery that there
were more buying orders than selling orders in
the market material rise was brought about
in the stock. The, buying in of moderate
amount of Cohorn silver mining stock for the
account of the Sistares served to increase the
total details, but had no effect upon the mar
ket.
The great feature of the day was the unusual
activity and strength in Manhattan, which not
only had the advantage of large earnings of
late, but also reports OF the advantageous SET
tlemept of largo number of damage suits
against the company
Among the low-priced shares Wheeling and
Lake Erie was again prominent. The Rio
Grande Western stocks spurted up sharply but
Evansville and Terre Haute of which the last
sale was at le0 dropped back to Ill to-day. The
market presented no further feature of inter-
est, and at the closing. was intensely dull and
steady at about first prices. Sugar rose 1H and
Manhattan u.
Railroad bonds continued uninfiuenced by
the forces at work upon the share list. and
moderate business with little positive character
was transacted. The sales reached Sl447 900.
out of which $l5S 900 were Atchison incomes,
Sis, 900 Atchison As and Slo20O0 Duluth, South
Shore and Atlantic. There were very few
prices in either direction.
The Post says one of the features about the
present condition of the stock market is the
disposition on the part of newsmongers to "stir
exaggerations about such events in connection
with stocks. An instance of the latter was in
the reports of the Sistare failure yesterday,
which were exaggerated in some of the city
papers until their accounts Of it early elected
laughs of ridicule from the best informed
Stock Exchange men. The financial weakness
of the Sistares has been so well known in the
Stock Exchange for some months that it is
absurd to think that they could have made any
sudden or unexpected disbursement of
s25O,O0O or even 100000 by a defal-
cation or otherwise. Their capital
had been too much reduced two years ago and
by various events and complications, some of
them dating back as far as the famous Han
nibal and st. Joe corner, to make it possible for
them to lose any large sums very recently
There was unquestionable sympathy on the
part Of every right-minded man on the Stock
Exchange for an old house compelled to sus