Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-04-26
NEW YORK STOCKS.
Some Shares Reach the Highest Figures Of
the Week-Panhandle Stocks Shoot
Upward, but Northern Pacific

the Week-Panhandle Stocks Shoot
Upward, but Northern Pacific
the Feature of the Day.
NEW YORK, April 25-The stock market con-
tinues to develop favorably, and to-day for
time displayed the greatest strength. with good
buying for both sides of the account; and later,
despite heavy realization, maintained most Of
the advances made during the early trading
and finally closed with many stocks at the
highest points reached during the week.
The bank statement was Unexpectedly favor
able. and where there had been disposition to
discount another loss IN reserve there was
some hustling to get back the stocks sold. The
strongest stocks of the day were Northern Pa
cihc preferred, Union Pacific, Rock Island and
st. Paul among the leaders, and among the
usually inactive list Wheeling and Lake Erie.
Louisville. New Albany, Chicago and Pitts
burg, Cincinnati, Chicago and st. Louis. An
other advance of nearly per cent In Louis
ville New Albany and Chicago to-day was
made on the announcement that the floating
debt OF the company had been paid, and that
new traffic arrangements have been made with
the East Tennessee and Lake Erie and West
roads which will have most favorable
effect on earnings of the first named road. The
payment of the dividend of the preferred stock
of Pittsburg Cincinnati, Chicago and ST. Louis,
together with the excellent statement, had the
effect of making sharp squirt in that stock,
and it shot up to Is, retaining most OF the gain
at the close.
The buying of Northern Pacific preferred
however, was the great feature Of the market.
The demand for stocks after strong opening.
which was made at advances over last evenings
figures of from H to q per cent, and a most ur.
gent and: we'll distributed business, resulted
in uniform advances of large fractions in all the
leading shares. Reallzations then set In, how
ever and some stocks we're brought down be-
low the opening prices; but the bank statement
rallied the list again, and despite the continued
selling for long account, maintained most of
the early gains to the end. The 1ndustrials
were not prominent at any time. The market
closed active and steady to firm, generally at
fractions above first figures.
Railroad bonds were inactive on all issues,
but the respectable figure of 81, ,236 600 for the
two hours, out of which amount Atchison in
comes furnished sl35 900. was reached. The
tone of the market, however, was not very pro-
nourced though firm in the main, and the final
changes, while generally advances, are slight.
The exports of specie from the port of New
York amounted 20 1850. .88S, of which So 896, ,98S
was in gold and S253, S95 silver. OF the total
exports, So 332. 730 in gold and S4l, ,245 silver
went to Europe. and S64 $50 in gold and Sl2. $50
silver went to South America and West Indian
ports. The imports OF specie during the week
amounted to S25, 909 of which Sll, ,U6 was in gold
and ST., 1888 silver.
The following table shows the prices OF active
stocks on the New York Stock Exchange yester-
day. Corrected daily for THE DISPATCH by
WHITNEY STEPHENSON, Oldest Pittsburg MEM
bers OF the New Y ork stock Exchange, Fourth
avenue: