Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-09-09
STOCKS RATHER FEVERISH.
NO MATERIAL CHANGE IN THE SIT
UATION YESTERDAY.

Few Marked Changes, But a Majority of
Losses at the Close-The vanderbilts
Stronger Features Than the GouIds-
Stock and Bond Sales.
NEW YORK, Sept. S-The outlook in the
stock market remains the same, and the
course of the London market yesterday
gave assurance that the bullish feeling upon
American securities remained unimpaired
there. The trading and professional ele-
ments on the street are still working for a
reaction, as the greater portion of them
was left in the rise, being caught short, and
have never been able to square their ac-
counts as yet.
The influence of Union Pacific was not ap-
parent in the market this morning, but the
Wizards, Atchison and the Vanderbilts
were the leading shares. The Nickel Plate
stocks Canada Southern and q few other
specialties made the most pronounced gains,
but the majority of the active stocks were
rather sluggish under the pressure of the
bear element aided by some selling of the
London favorites for foreign account, but q
more decided strong tone was shown later
in the day when the pressure to sell was
abated somewhat.
The opening was at irregular but generally
higher figures, but the early trading devel-
oped great feverishness under the pressure
OF the interests selling certain stocks. The
Changers and GouIds made no material
progress. but the low priced Vanderb:its
soon became the strong features of ths
trading, while in a few shares like Missouri
Pacific, which had opened up materially,
positive weakness was seen. Union Pacific
opened down ~ per cent Mt 41A and recov-
cred portion of the loss during the day as
did almost all the weak stocks. The Chesa-
peake and Ohio shares were subjected to
considerable realizing and consequently
they oil retired, and the first preferred lost
over per cent, being the only material loss
of the day.
The market continued to show the greatest
irregularity throughout the movements of
the different stocks, but prices were kept
within narrow limits on the whole, while a
heavy tone prevailed in general until the
strength under some new buying, and the
market closed active and firm, generally at
insignificant changes for the day. Losses
were the more numerous, however while
the loss of per cent of Ohio first preferred
was the only one OF note. On the other
hand, Canada Southern is up l7Sc and
Nickel Plate second preferred 215c.
The total sales of stocks to-day were 403,-
925 shares, including: Atchison, 6,665; Canada
Southern, l5,2O5; Chicago Gas, 5,ll0; Della
ware, Lackawanna and Western, T. 1913: Della
ware and Hudson, 4,230; Erie, 1l,745; Louis
vile and Nashville $3.50; Michigan Central,
1855; Missouri Pacific, TO- 100: North western,
1910; North America, 25,s33 New York Cen
tral, 8 955: Northern Pacific preferred, S,760;
Richmond and West Point, 6 $50: ST. Paul,
"a, 1888; Union Pacific, 1850; Western Union,
324.
The following table shows the prices of active
stocks in 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: