Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-02-06
NEW YORK STOCKS.
Shares Dull but Strong - Pacific Mail the
Only Important Loser-A Vanderbilt
Rumor Causes a Rise In Edison
Electric-Bouds Active.

Electric-Bonds Active.
NEW YORK, Feb 5.-The trading in the
stock market was dull again to-day, but the
market showed a contin uation of the late
strength, and especially in the forenoon, and
with slight setback caused by weakness in a
few stocks there was a strong undertone dis.
played throughout the session. Among those
which showed most strength at times may be
mentioned Missouri Pacific Wheeling and
Lake Erie. Union Pacific and Lake Shore
with special advances in many of the inactive
shares. The room was inclined to be bullish in
the early trading one of the features being the
buying of the recognized leaders of the bear
party and their outspOken utterances in favor
OF rise.
London was buyer to limited extent, and
the Gould brokers. as well as the bears, were
bidding for stocks. This buying was specially
prominent In ST. Paul, and. together with sew
eral others of the leading shares, it was run up
a large fraction. when the movement culmi-
mated and dullness again became the leading
feature of the market, and outside of certain
specialties prices dropped all along the line.
Chicago Gas was prominent leader in this de-
cline, though it afterward recovered the greater
portion of the loss The Northern Pacifics,
however, were heavy all the way out the opln-
ion being that there has been large line mar
keted on the strength of the general market.
Union Pacific. however. became strong in the
afternoon. and the upward movement, which
lasted until AZ had been touched, was accom-
panied by the statement that the report for De-
cember would be better than generally ex-
pected.
The Grangers, even after the collapse of the
movement in st. Paul. were quite firm, and on
slight fluctuations generally scored small gains.
The lndustrials were quiet to dull again, and
while the Sugar stocks were strong, their i'm
provemeut was SMALL and Lead. while more
active than the rest. failed to move outside of
extremely narrow limits and the explanation
by the insiders that the dividend is equal to 10
per cent 1t the present price of the Stock. has
1,oI ,,,a- IL
sirable.
The general list showed little movement or
featute after the first hour. but Pacific Mail re-
fiected the disappointment of holders over
the prospects of the slowness of the
subsidy bill by decline Of 2 per cent,
and is tonight the one stock among the
leaders which shows any material loss for
the day. On the other hand. Edison
General Electric, on the circulation of the
directory. opened up "a at No. and after SELL
ing at Ill retired to log at the close. Great
Northern also showed a marked advance, buJ
lost portion later in the day. The market
finally closed dull and steady at insignificant
changes for the day. The loss on Pacific Mail
was per cent.
Railroad bonds we're again more active than
stocks. bat sympathiZed closely with the latter
in their narrowness OF fluctuations. and the
final changes are generally insignificant. while
the important changes are remarkably few FOR
the volume OF business transacted. The sales
of all issues reached SlS7S. COO
The following table shows tine prices OF active
stocks on the New York Stock Exchange yester-
day. Corrected daily for THE DIsPAICH by
bers of the New York Stock Exchange, 81 Fourth
avenue: