Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-05-10
A SWEET DAY
FOR THE SUGAR STOCKS ON WALL
STREET YESTERDAY.
A Boom Along That Line-New York's
Stock Feature-More Animation Than
Usual Throughout - Liquidation of
Longs in q Few Cases.

A Boom Along That Line-New Yorh's
Stock Feature-More Animation Than
Usual Throughout - Liquidation of
Longs in a Few Cases.
NEW YORK, May 9.-The stock market to-
day exhibited in the main rather more ami.
nation than usual of late, and while prices
were not advanced. except in Il few cases,
there was a much better feeling in the room
which was reflected in decreased sales for
the short account. and rather more buying
on limited scale. There was considerable
liquidation of long accounts in a few stocks,
notably, Omaha and Rock Island, but the in
fluence of these declines was Offset by more
encouraging advicas from London, where
more interest was manifested in American
stocks and higher prices established.
The Industrials, however, occupied q more
commanding position in the market than
they have for some time, and the strength
in those properties gave the list stronger
appearance than the course of prices among
railroad stocks entitled it to. The strength
in the Industrials was manifested principal
ly in Sugar and Chicago Gas. The manlpula-
tion of Sugar took the upward turn to-day,
and portion of its late material losses was
recovered, while the advance in Chicago
Gas was based on more substantial basis.
The general list remained quiet and f1uctu
ated within the usual narrow limits, exhib.
iting after a strong opening rather q re-
ing n flrmer tone in response to the move
ment among the leaders. The strength in
Hooking Valley and Wheeling and Lake
Erie was due in large measure to the rumor
noted, but the others failed to score any
marked change. The market steadily appre-
ciated in the afternoon, and the close was
fairly active and firm to strong ut about the
best prices of the day, though in most cases
only slightly changed from the opening.
Sugar, however is up ~, Hooking Valley
21a, Chicago Gas "a, Lackawanna and Louis
vile and Nashville each ~, and other
leaders fractional amounts.
Railroad bonds displayed the usual amount
of activity with a continued steady demand
for mortgages but without material ad-
vance in the majority of the list. Among
the newly active bonds the Chicago and In
diana Coal lists were prominent, and Chesa-
peake and Ohioup " but the usual leaders
were rather quiet ana no movement of i'm
portance took place amohg them. The total
transactions were $l795.000 with the bonds
mentioned leading i'll the dealings.
The total sales of stocks to-day we're $780,
S34 shares, including Atchison, 623O; Della
ware, Lackawanna and Western, 800; Della
ware and Hudson, 1899; Erie. 1l,Sl5; Hook
ing Valley, l6, ,432: Louisville and Nashville
9,4o0; Northwestern, 4,150: Northern Pacific
pfd, 12Sl0: New England, T,045; Reading 75,-
10O:; st. Paul. 10 500: St. Paul and Omaha,
lO3SO; Union Pacific, A, 100; Western Union,
1886.
The following table shows the prices of active
stocks on the New York Stock Exchange yestpr-
day. Corrected daily for THE DISPATCH by WHIT
NEY & STEPHENSON. Oldest Pittsburg members of
the New York Stock Exchange, 81 Fourth avenue.