Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-12-24
A RAID ON vANDERBILTS.
THEY FULLY RECOVER AFTER A FEW
HOURS DEPRESSION.

| No Abatement in Strength or Activity In
shares-The Gould Element Still Feeii
Its Oats-A Sudden Squirt in LacAa.
! wanna-Chicago Gas Gains.
NEW YORK, Dec. 23-The stock market
abated none of its strength or activity to
| day, but there was rather more manipula
] tion, even creating some concessions in
many of the leading stocks. The Wander
bilt dividends were the pivot upon which
the market turned. The change in the posi-
tion of the foreign element in the market
as indicated by the weakening of the for
eign exchange market, now allows the bull
ish sentiment Of the street to come to the
'front.' and the buying to-day, especially In
the afternoon, had an air of confidence:
London was higher this morning, and for
eign purchasing orders were in the market
at the opening. The Gould stocks were
early in the field, and the strength displayed
by Missouri Pacific and Western Union did
materially the subsequent buoyancy. The
attack was directed against the Vnnderbilts
in particular, and Canada Southern and
Lake Shore were specially weak for time,
fractions only. Their sharp rally after the
action on the dividends became known in
dicated sufficiently the character of the
early selling.
The Grangers were not specially promi-
nent in the market, but the 1ndustrials
were more SO, and Chicago Gas and the Cot
ton Oil shares were strong all the way out.
New England and Lackawanna were special
features i'll the upward movement, the sharp
spurt in the latter during the last few min
utes' trading being one of the notable events
of the day. There was the usual number of
sharp gains among the inactive and low
priced shares, the Iowa Centrals and Colo
RADIO Coal making the most conspicuous
gains.
The general list, after strong opening,
retired slightly in the forenoon, but rallied
fully later in the day, Notwithstanding the
The improvement for the day is small ex-
cept in a few cases. The close was active
and strong at or near the highest figures of
the day. Among the active stocks, how
ever, only Lackawanna, with gain of IL,
and Chicago Gas, with l1s, were OF special
importance.
Railroad bonds were somewhat less ami
mated than of late. the total sales of all is
sues reaching 81, lA, 600, OF which Chicago
and Erie incomes contributed SlS2 900, being
the only spe, tally active issue on the list.
The number of specially strong bonds was
not so large but the entire list is higher.
The total sales of stocks to-day were 375-
236 shares, including: .Atchison, IA Alb; Cam
ada Southern, 5,455; CHICAGO Gas, 20. 600; Della
ware, Lackawanna and Western, is, ,45S Erie,
17420; Lake Shore, g. 100. louisville and
Nashville, $500: Missouri Pacific 2S,775;
North American, LBS: Northwestern, 6,43l;
New York Central, 6,010: Northern Pacific,
preferred, el,6sO; Reading, 22,Sl4; Richmond
and West Point, 1927; St. Paul, l3 $50; st.
Union Pacific, l67 7l6; Western Union, "A, 125
The following table shows the prices of active
stocks on the New York Stock Exchange yesterday.
STEPHENSON, oldest Pittsburg members of the
New York Stock Exchange, 81 Fourth avenue