Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-09-10
STOCKS ARE ACTIVE
And Continued Buoyancy Is Shown
by the Leaders of the List.
GOOD GAINS ARE ESTABLISHED
In Electric, Airbrake and Union Switch
and Signal.
THE FRACTIONS GENERALLY STRONG

FRIDAY, Sept. g.
Trading at the local stock calls was much
more active to-day, the transactions aggre-
eating 795 shares, against 250 yesterday. 1t
was also better distributed, covering nearly
all the usually active shares and the gen.
eral tone of the. market was
stronger and more buoyant, though
in only two or three stocks was
any gain of consequence established. The
movement embraced Philadelphia Com
pany, Central Traction, Pleasant Valley
Railway, Luster Mining Company, Du-
quesne Traction, Westinghouse Airbrake,
Westinghouse Electric second preferred,
Union Switch and Signal and
p. s. B. Traction The specially
strong points were Airbrake, Electric sec
ond preferred and Union Switch and Sig
nal, which gained 1 u, and u respectively
over yesterdays closing bids. The sympa-
thy with these stocks, however, was gen.
eral and slight gains were scored BY Du-
Quesne Traction, Central Traction, Pleas
ant Valley Railway, Electric Unasscnted and
Luster and La Noria The inquiry all around
was better and foreshadowed better prices.
bullish, which may have had some influence
here and as no gold was engaged to-day for
shipment Saturday a continuance OF this
tone during the closing sessions OF the week
is probable.
Course of the Market.
Philadelphia Company sold at 23@23H,
closing firm at 2s14@2SH; Central Traction
sold ut 29, closing steady at 2sI@29: small
lot of Pleasant Valley sold at 2515, and the
stock closed at 25sS@251S; Luster Mining
Company sold at 9G91s, the last call being
10j shares at 8, and the close was
at 9@ass; Duquesne Traction sold at 29M,
sosng sosE at at seid sleossS e.
second preferred was higher at 37H sales
and 37's bid; Union Switch and Signal sold
at 1sss, seller-30-days, closing at 1s5s9l9 regu-
at aat; a5sl@a5 saS S. " D. a''''n ''iN 81 1879 '''S
In the inactive shares few features de-
veloped. Electric unassented was higher in
Traction was irmer without being any
higher; La Noria was higher; CHARTERS Val
ley Gas was firmer. and the other minor
gassers were generally steady to strong %
at 3S sales and bid.
The inquiry for Philadelphia Company
and Duquesne at the close was exception
ally good.
Financial Notes.
P & B. Traction closed at 25A@26.
Duquesne Traction at 2s1l@29H and P, A. &
NJ. Traction at 43A bid
Kuhn Bros sold Luster to Hill & Co. and
Rinehart.
Rea Bros. Co. sold Electric second pre-
ferred to Morris s Brown and A. J. Law
renee & Co.
Morris & Brown sold Airbrake to Caroth-
ers.
At the last call l071l was bid for Citizens
Traction 5s and los tor Pittsburg Tractio BE-.
The gross earnings of the Pittsburg-
Duquesne system for the month Of August
were $63, ,9b2
The amount ofsilver offered for sale to the
Treasury Department to-day was $685. 900
ounces and the amount purchased lOO, 600
ounces at so. 1854 to .s35s.
B. F. Arensberg was the chief buyer of
DuQuesne Traction and Lawrence & Co. the
principal sellers.
Carothers sold Central Traction to Ramsey
and Rinehart and. Lawrence & Co. sold Air.
brake to Carothers.
Lawrence & Co. and Ramsey sold Phiadel-
phia Company and Long and Caster bought.
Chicago street railway shares are booming
again. AS a result of yesterdays operations
the shares of the West Side made net gain
OF 16 points, closing at 206 bid, against 100 at
the close the previous day, and North side
closed at 255 bid, against 246 at the close of
the previous day. The gross earnings OF the
North Chicago Traction Company for Au.
gust we're $246 1872, a gain of $25 1888 over the
month last year.
The Westview Land Company, of West
moreland county, capital $1,000, was char
tered to-day.
At auction in Philadelphia yesterday 5000
Panhandle Is sold at n57s.
Sales and Final Prices.
Transactions on Change were as follows: