Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-06-06
SHIPMENTS OF GOLD
is THE GHOST THAT WILL NOT DOWN
ON WALL STREET.
1t Prevents the Expected Advance in
Stocks-The Market Professional Again
"A Boom in the Newly Enlarged
Whisky Trust HELMS the General List

| 1t Prevents the Expected Advance in
stocks-The Market Professional Again
| "A Boom in the Newly Enlarged
| Whisky Trust Helps the General List.
NEW YORK, June 5.-The stock market to-
| day seemed to have fully digested the Rock
| Island dividend affair, but renewed gold en-
| gagements were against it, and the promise
of an advance shown last evening and dur
| ing the early trading this morning was not
| fulfilled. The influence, however, was, as
| usual of late, exerted in the direction of q
| depression of trading, rather than depres-
| sion of prices, though the resultant dullness
| offered the usual opportunity of profess
sionals hammering q few leading stocks and
| specialties.
There was apparently no effort to hold
| Rock Island up, and with Burlington in
! close attendance it settled away to about
the lowest figure of yesterday though the
rest of the railroad list, including st. Paul
and Louisville, which were active, were
| kept within narrow limits throughout the
| day, and presented no feature whatever>in-
| dicating the prevailing apathy among ec-
| ulators.
In the market to-day, the Industrials at
| tracted as much attention as the railroad
list, with one or two exceptions, and while
the expected dividend in Sugar had no
tion on yesterdays Improvement sent it
down again nearly to its late level. The abb
sorption of the rival disti1leries in Chicago
by the Whisky Trust helped that up little,
but the realiZations were afterward as
marked as in the other case, and little was
gained during the day.
The opening of the market showed a con-
tinuance of the covering operations of yes
terday, but the movement went no further
and q general decline was made in the early
trading, in which both railroad stocks and
Industrials shared, although, except in
Sugar, there was no material loss incurred.
The West then began to buy its favorite
Industrial, and Chicago Gas started upon
an upwar rd movement, which lasted through
out the remainder of the day. and which in
the late trading succeeded in bringing to a
limited extent the general list along with it.
Rock Island was weak fea ture throughout,
though the concession from the best
price was no more than the rally from
realizations lost about per cent, which was
not made up during the day, although the
strength of the last hour did much to re-
cover the loss. Chicago Gas was carried
from 51% to 55, and it closed only slight
fraction below the best figure. The general
level of the opening figures, with the single
exception of Wabash preferred, which was
exceptionally strong throughout. The close
was fairly active for the leading shares and
firm to strong at the most insignificant
changes. Chicago Gas is up ~ per cent, and
Wabash preferred per cent, but the other
final changes are OF no Importance.
Railroad bonds were dull and showed, in
the main, a weak tone, though final losses
are generally on the same scale as those in
the share list. The business of the day
reached only $467, 900, and no special aninla-
tion was to be noted in any portion of the
list. Duluth and Iron Range firSts lost 2, at
81, and Norfolk and Western IS 2, at ia.
The following table shows the prices of active
stocks on the New York Stock Exchange yesterday.
Corrected daily for THE pIsrATcM by WHIrN,Ef{r "a
New York Stock Exchange, 81 Fourth avenue: