Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-06-19
HOME SECURITIES.
THREE ELOQUENT CALLS WITHOUT a
SALE PUT ON RECORD.

Despite the Dizziness Prices Well MAIN
tanned, Showing Inherent strength-oeo-
ond Avenue Railway Scores the oniy
. Important Advance-Other Features
The local stock market yesterday was tne
tamest of the month, not q single transaU h,,
tion taking place when the tnlro cal,
opened. There were five reporters anu
three brokers present The usual NUMBER
of the latter strolled in afterward, but as
their orders and the market did noC cor
respond, they did nothing but 1an theni-
selves. In the language of Capt. baroour'
there was vacancy on the board
New York was steady and dull, the primer
pal bull factor being a report OF the seIVie-
ment between the Chicago Gas Company
and the city. The settlement is salo 10 DC
favorable to the company. No reduction
will be made in the price to consumers uhtl
1893 By 1898 the company contracts 10 re-
duce the price of gas to$l. The city IS To get
81 per cent of the gross receipts, Slooooo per
year at the very least. The city is to wlth-
draw all litigation. London was weaker.
The Bank of England rate of discount was
reduced to per cent The Paris MARKERS
were down. Portuguese stocks were aHecVeu
by rumor of revolution.
Locally the market had no special features
beyond dullness, and changes were with one
exception confined to fractions. Gas went
off trifie. Philadelphia Gas moved up
fraction at second call, but lost the improve
ment. Wheeling was wanted at n conces-
sion. OF the fractions Second avenue was
the only one that scored materia! adyance:
1t was bid up 50 share at second call, pug
the offer was not repeated at the th1To, ana
the boom was left suspended in m1d-alr; Inc
rest of this group was about steady: Ihere
was bid of 15H for Duquesne, OF ~ 1or
Birmingham, and of 2sA for Manchester.
Electric fell off little at second call, put
reacted at the close. Switch ana Slgnal
braced up good fraction but no one let go.
Gossip was almost as scarce as business,
even street railway consolidation fa1llng 10
attract and interest the gossips; but one
broker could not forbear remarking: only
insiders know whether the Manchester ana
good sources of information, but confess
am in the dark. There is probably something
in the wind, but think it will turn out to be
a treaty of neutrality in regard to each
others territory, and not consolidation
About a year ago an attenp pit was made to
unite these roads, but the proposition was
rejected by the Pleasant Valley on the
ground that it had nothing to gain by the
change. On the other hand, Commodore
Kountz's declaration that the Manchester
ought to go for something"
Rumors have been freely circulated that
a group of French gamblers undeterred by
the disastrous collapse of the Societe des
more entered into a combination to force up
the price of copper, and to keep it at about
ESQ ton. May exports of copper from
Chile are said to have been about 800 tons,
against average shipments of 1000 tons from
January l. May 81 Chile exports were $50
TONS against II, $50 tons in like months of the
previous year. To this fact is due in part
the decrease in the stock of copper abroad.
Bids and asking prices at each call are ap-
pended: