Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-12-10
A MUCH BETTER BUSINESS.
BOTH STOCKS And BONDS ARE LIVE
LIER AND BROADER.
Wider Transactions in Bonds Than for
Many Weeks-some Early Pressure
With Later Recoveries and Advances

| Wider Transactions in Bonds Than for
Many Weeks-Some Early Pressure
With Later Recoveries and Advances
"A Back Seat for Industriais
NEW YORK, Dec. 9.-The stock market to-
day was again more active and strong, the
movement showing q decided widening of
speculation. while one of the most en-
couraging signs of the day was that the
stocks which are considered to have future
attracted large portion of the attention
and scored the largest gains.
There was no lack Of opposition to the ad-
vancing tendency, however, and some of the
leading shares were subjected to pressure
which, while it failed to cause any material
decline, served to prevent any upward move
mont in those stocks The demand, es-
pecially in the first and last hours, was
urgent, however, and stocks which were
forced off in the forenoon generally recov-
cred their losses before the close.
The opening was firm, and the strength of
the Vanderbilts was again prominent
While that group became the special feature
of the day, all the low-priced members max
ing marked gains before the end of the day.
The rest of the list followed at distance un-
der the pressure, and Rock Island gave way
large fraction. The market then developed
dullneSs and stagnation for time, but the
demand again Decime so heavy that the
shorts were frightened into covering some
of the contracts made during the earlier pOr-
tiOn of the day. ana the upward movement
in the late dealings became most pro-
nounced.
The Chesapeake and Ohios, the Nickel
Plates, the Omahas and Milwaukee, Lake
Shore and Western were all specially active
and scored heavy gains, and were followed
by Pittsburg and Western preferred, Iowa
Central and some others, while in the usual
ly active list the Erie stocks were the special
feature. The activity was regarded as an
indication that London was disposed to take
back some OF the stock sold lately. Tpe In
dustrials were inclined to droop. and occu-
pied much less prominent position than
they have of late, which may also be said of
the Gould shares. The trunk line shares
were the leaders and the Grangers followed.
The market finally closed, active and
strong with most stocks at or about the best
prices of the day, and Notwithstanding the
reaction in the late forenoon, the final
changes are in most of the active stocks
Lake Shore and Western preferred, 2A;
Chesapeake and Ohio. 1ss: the first preferred,
2 per cent, and the second preferred, ~ per
cent.
shares, including: Atchison, q, 200: Canada
Southern. 1920; Chicago Gas, 9.09l; Della
ware, Lackawanna and Western, 1885, Ere,
81 ,4eO Louisville and Nashville, 10000;
Missouri Pacific. 6,195: New York Cen.
tral, 3,72O: Northern Pacific, preferred, D.
$780, Reading, $500; ST. Paul IA 600.
Railroad bonds were more heavily dealt in
than for many weeks, and the unusually
wide distribution of the business was again
one of the features of the market. At the
same time the strength of the dealings re-
mained unimpaired, and among the more in
active issues marked advances were scored
in several instances. The transactions
reached So, 2s6, COO, of which Atchison in
comes contributed $306,000.
The following table shows the prices of active
stocks on the New York Stock Exchange yesterday.
Corrected daily for THE DtsPArcH by MHIrME{ ~
New York Stock Exchange 81 Fourth avenue.