Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-10-15
WALL STREETS REVIEW.
THE BEAR ELEMENT IN COMPLETE
CONTROL OF STOCKS.

Coalers and Reading Buoyant for q Time,
But Soon Join the Downward Process
sion-No Exceptions to the Rule of
Declines-Bonds Active.
NEW YORK, Oct. I4.-The stock market was
again completely under the control of the
bearish trading element to-day, and with
the exception of few outside buying Or
ders and some trading by London on both
sides of the account there was nothing but
professional transactions throughout the
entire day, and while there were few
Lackawanna. Louisville, Union Pacific and
Atchison, the dealings were on a small
scale, the general market being narrower
than for some time past. The short in terest
creased by the days operations and is
growing into very large proportions.
The opening of the market was steady and
quiet, but while the Coalers resumed their
upward movement of yesterday, and Lack
awanna rose per cent. and Reading a. the
rest Of the list dropped from the outset, and
the first drive was made at Louisville, which
was depressed u per cent, Northern Pa
cific preferred following. Later in the day
the Coalers received attention and lost not
only their early advance but fractions in ad-
dition, and later Union Pacific was knocked
down to 39L.
Considerable pressure was directed against
Atchison, but little impression was made
upon it, and Missouri Pacific also resisted
all effort to get 1t down. The general list
was dull and as rule featureless but SYM
pathized with the leaders and prices slowly
but steadily melted away throughout the
day. One of the most important declines
was in Lake Shore, which was driven down
1L per cent in the last hour, on COMPARE
lively high transactions.
The market reached the lowest point In
the last hour and covering again caused q
rally toward the close, but while Lake Shore
rose to 123 the general list finally closed
quiet and heavy to weak at or near the
A. A. MI
are all declines, and Union Pacific lost II,
Louisville and Nashville 11s. and c., c., C.
st. L. per cent.
Railroad bonds were more animated and
showed none of the weakness existing in
stocks except in the Atchison incomes late
in the day. The dealings were 81, ,O39, 900. The
final changes are generally advances
fdS4s k5S9ison Inc ss@ @ 81 81 Ps; @ s@S s s
eR eqa Isl: 5sS s. s!s9ts9f NSa Sc X s5
Cons;.......... 90 q 90 NJ C5s cs. ,lOsj1 j1S@l0s2
Seb SET, g St Sis SIS
Iowa. $50 So Cen ex S. iossSiS22
est L & P lst.1Ol @IOO{ n. n deb new .IOi 59loix
Cen. Ohio 41ss. l00 @l0o Ont &W Is. .1l1A@1lI1
lists %S g ore T@p ist @s 90
6. stI&N i.1os gl6s Penn 45s..::.:iO5 giS5
Col Mid 4s..... 20 q 6919tR IS cpn. LOO @l00
&PsF .:..l2 @l2 Reading 49,. slA9 81
u & II G 4S... IS5ttdl iV71 SecOnus 4y1etU 4SS<
ID LIZ W 1907s .13O @13O W Pt 6s... $3.50 IS
Erie I'd cons. los @10o ITr IS. ......... 55 "a SIS
& Erie lists. 94119 e4Al 6 w 1s..-... 76Af0 76k
EAT THMtV .1G9 6l109 st NAM Eds. .11311(G1l34
Eliz., Lex. Ist 81 "a 81 st L 1st... 69At9 SO
Big Sandy lists 81 a 81 $ V Is. 75s6(1 754
FtW D lists 1ol4a10l14 st Paul p IS. .1l41t(9114R
H'g Val 5s..... 8S a 8s Pt .10l1 1e010116
Internal 2ds.. 7S a 70 Mimi: lib @113
! G 1sts....... 564(0 S54 81 G LIST s649 S6x
( kno1 Il lists lGs s'g g1o2 q seconds 8 8
Ky Cen 4s..... $3.50 8O4 & Cen lists. .104 0le4
J., st L & Is $500 S5 Union P s +. los H9lC5h
l. & n G NJ 6s. .11341113a Va Mid& NJ. 81 a 80
NJ G Cons.....122 6b122 Wabash lists. .l0l1 1xGlOlH
NILS & W ex1O0 6l100 Debentures A. a AZ
Mo. .Pac. colt. 20 a 70 do DDS ...... rs a 78x
Mil & 1910. .110 d110 W s coup. .lOIS S@lOl@
NJ 661s@ 66& Reg. .1015s1l014
The total sales of stocks to-day were $685.
923 shares including Atchison, 2, ,652: Della
ware, Lacka wanna and Western, L. $50; Chi,
Nashville, a4,sSO; Missouri Pacific, s,69S;
Northern Pacific preferred, 1855; Reading,
II 800; St. Paul, Is 525; Union Pacific, $4,000.
The following table shows the prices of active
stocks on the New York Exchange yesterday.
Corrected daily for THE DISPATCH by WHITNEY g |
Oldest Pittsburg members of New
of