Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-09-22
WALL STREETS REVIEW.
ANOTHER BURST OF ACTIVITY IN THE
STOCK MARKET.
Made and Rake in their Profits-A
Steady Upward Movement-AG Good Busi-

Bulls Satisfied With the Advance Already
Made and Rake in their Profits-A
Steady Upward Movement-A Good Busi-
ness Also in Bonds.
NEW YORK, Sept. 21.-The stock market
opened the new week this morning with an
other burst of activity, which bid fair to
eclipse the record of last Friday, but the
trading in the afternoon fell away materi-
ally, and while the sales of the day were
extra ordinarily heavy, they were within the
sum of the other day.
The feature of the dealings to-day, how
ever, was the unusually large number of
stocks dealt in, together with the unusually
even distribution of the business. The up
ward movement, also, made a steady pro-
gress notwithstanding the continued efforts
of operators who have been left out in the
cold on the present rise to force a reaction
by which they may either recuperate on
short contracts at something like a nominal
loss, or to enable them to get in on the next
advance at figures likely to net them O pro-
fit within a reasonable time.
There was continued heavy realizations of
profits accrued by the bulls, who are salts
fed with the advance as it is, and also by
tinued withdrawal of gold for export to this
port from the Bank of England with q con-
stant tendency of money at that center to
become dearer. The demand, however,
which was almost entirely from outsiders,
completely swamped the forces working for
a reaction. For once the public is in Wall
street with power to do as 1t pleases.
The opening was at figures fractionally
higher than those of Saturday, and further
Improvement was made right from the
start and as the Chicago people were heavy
sellers on the rise the Western stocks were
almost all sluggish, while most of the
specialties were still very strong. Among the
stocks the Vfllards led the advance with
some of their old vim. The Vanderbilts
olc for- l,air ct.
and Lake Shore was one of the few stocks
which succeeded in scoring material final
gain. Atchisbn, Reading, ST. Paul and other
late unusually prominent stocks for activity
were still leaders in-the dealings, but the
totals of their transactions did not foot up
so high figures as of late, while the business
done was more than usual among the low
priced shares.
The upward movement, with frequent
halts and much excitement, made steady
progress until the last hour, when the real
iZations became more numerous and became
sufficient to overbalance the demand, heavy
as it still remained. Prices, therefore, re-
ceded fractionally, but several stocks, in
Guiding Burlington and Rock Island, were
opening figures. The market finally closed
active active.and steady after the decline
had halted. The list is almost invariably
fractionally higher, but North American is
up 15s; Southern Pacific preferred and Ten
nessee Coal, each ~: Sugar, 11s, and Lake
Shore, Lead Trust, Union Pacific and Wheel
ing and Lake Erie preferred each per cent.
The total sales of stock to-day were $50 O9O
shares. including: Atchison, 5O,fO5: Canada
Southern, 1900; Chicago Gas, is, $50; Delaware,
Lackawana and Western, 1880; Erie, A. $685.
Hooking Valley, 1858; Louisville and Nash
vile. 16, 561; Missouri Pacific, 2S,010: North
western, 7,430: North American, 1,020.North
American preferred, 2.307: Reading, 36. 9s4; st.
Paul, 53, $685. Union Pacific, p, 760; Western
Union, L, 535; Wabash, 3,40.
The following table shows the prices of active
stocks on the New York Stock Exchange Yesterday
Corrected daily for THE DISPATCH by WHITNEY, &
STEPHENSON, Oldest Pittsburg members of the
New York Stock Exchange, 81 Fourth avenue: