Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-11-07
WALL STREETS REVIEW.
STOCKS STRONG IN THE FORENOON.
WEAK IN THE AFTERNOON.

| Many Disquieting Rumors, But the Real
News Favors the Bulls-The Late Selling
Entirely for the Short Account-Many
Material Losses.
New YORK, Nov. 6.-The stock market to-
day was quiet and strong during the fore
| noon, but the bears we're active sellers of
| the whole market in the afternoon and
weakness took the place of the former
| strength, and material losses were sustained
| among the few shares which received the
| most severe pounding.
Various rumors of a disquieting nature
| were set afioat. The actual news of the day
was almost entirely of a favorable nature,
| but London was both a seller and buyer,
while foreign houses are inclined to believe
that the selling orders were sent from this
| side of the ocean for effect upon prices here.
| The onslaught in the afternoon was very
vigorous, and again the Coalstocks, Changers
| and Vanderbits felt the force of the pres
| sure. The selling was undoubtedly entirely
| for the short account, and while few stop
orders were uncovered, there was O marked
| lack of stocks for sale, and the strength of
| the general situation was shown in the re-
| luctance of the rest of the list to follow the
weak stocks
had been subjected to the pressure were
especially strong and the advances approx
mated per cent after Delaware and Hudson
heavy covering OF shorts but the lack of
stocks for sale discouraged the shorts and
| hampering operations were renewed, p, c.,
c. & st. L.. being first paid attention to and
depressed per cent. Later the Changers,
CoaIers ana some specialties were attacked
and general decline followed, most of the
active shares losing over one per cent.
There was no cessation of the pressure until
the close of business, the market closing
fairly active and weak at about the lowest
point of the day. The losses of note in
clude Reading and Lackawanna, TX: Erie
and P, c., C. & St. L., 1sss; Wheeling and Lake
Erie preferred, II, and Northwestern and
Louisville and Nashville, / per cent each.
The railroad bond market was very dull
except for the Texas Pacific issues and
there was little movement or feature to the
dealings outside of these bonds. Total sales
1914 900. Other issues, however, showed no
movement of importance, while generally
heavy tone prevailed throughout the greater
portion of the session. The highest and
closing quotations were:
Atchson In. 63sh9 63as Gent. Ohio AVS .1ol0 1o1
do 4s........ s34(0 s24 Col Mid 1st... Ill 0110
A. s P Inc. lsl6@ lsH 4s....;..... e9k@ ss2k
A. c. & P. lists 50 q 50 F III Cons. lls;e@1lss
BtsGsi BS Uses as5s:: o5s 4s Jus S1@ 7ss
Burlington C.lCs @l0s do lists. :.....1l5 OILS
Erie I'd cons. .106 @iu6 Seconds 80. a @ ~
East Tenn 5s.. % a "a Ran Pac con. Io4lzG1ols
lists lst M III @iI7 G Mich Cen
Fw &P G lst; 721s9721l Min in. & St L l.. o q q
Iron @s @iGs NJ f. ex: sssS ss ss ss
Ms Cen 1851 ;..lo5 @la n Ne Pac p Tr S.. 5s;2@ 59S
Mp 5s........ S2l46 81 Omaha Cons. I19lS(dl19&
CS P.... 7Sl4(@ 75J4 Oregon I'm 5s.. 641at@ 64I
lists .16ss61l6s Oregon Nav 6s1o6le 61106l5
St 5s:lsssSlsss g g g y ls1s
MICS or....110 @l091 Wa Cons. .109is(11O914
n W gold reg. 10 0124 Reading 4s.-.. So a s2Z
NYC& StL Is "a a "a do 1st ........ 6S7sG9 67a
NYO&W 1st111 lS@1l0 do ends. 4Sl20 4Sk
Oregon st 5s.. 1890 73l1l do 3rd 36 "a Sc
St P& Is. .10l s90lss Tex Pac ID. 29l49 2Sh
Valley 1st.... rs a rs II a c 1st $500 s0A
St south 1st 66I4d@ 66 4 P & W 1st... % a rs
do 2ds ....... 29ls@ s9hl Y P Sss .llos59l1oS
StPH& ID 7s.1l9l3@19S U PD& G 80. a "a
I& NJ .l1s oils Wis Cen 1st... 90 "a 90
As ............ s4A@ o4a w 5s.......10o a 99s
G & P IS l07 607 Wabash 1st. .100leC6l0Ok
SiI A st H I'd l0Sl4gIo51s do 2d........ 70 a 70
Tex Pac 1st.... S2A(6 80 Nv s CP. .1018@1014
The total sales Of stocks today were s27,
Os4 shares, including Atchison, 36, leo; Chicago
Gas, 1852; Delaware, Lackawanna and
Western o. 2950; Erie, "a, 7Oo Louisville and
Nashville, O. 400; Missouri Pacific, 3,620 North
western, 8. l3O; Northern Pacific preferred
i6,9l7; Reading, 37940: Richmond and West
Point, 1895; St. Paul. 29,3Ss; Union Pacific,
$3.50.
The following table shows the prices of active
stocks on the New York Exchange yesterday.
Corrected daily for THE DISPATCH by WHITNEY L
STEPHENSON, Oldest Pittsburg members of New
L,,cba