Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-11-05
A GAIN IN AIRBRAKE,
One in Switch and Signal and One in
Lustre Mining Company.
PHILLIE A FRACTION LOWER,
And Duquesne Traction Steady and in De-
mand at light Loss.
LOCAL AND GENERAL FINANCIAL NEW S
FRIDAY, Nov. 4

FRIDAY, n N0V. &.
In the course OF special market letter to
a local house, the financial writer of New
York firm says: Betting engrossed the at
tention of the brokers more than business,
and is likely to remain so until the result
of the election is known. The bull leaders
promise a lively market in case of Mr..
Harrison's election, and think that the
election of Mr.. Cleveland would not mate
rally reduce the success of their plans. The
only severe setback that this market might
receive would be in case the result would
not be known on Wednesday and the same
should have to be given over to the House
of Representatives to settle" To certain
extent these remarks were applicable to the
local situation. More attention was paid to
betting than to business TODAY
1n Soora Change gsn up psrs until the sncisSs sss
to a :air total. Features were lucking, as n
rule, but Airbrake was materially higher,
Philadelphia company was slightly weaker,
Switch and Signal was strong, and Duquesne
fractional decline
The market opened with sale of Lustre
Mining Company at s5s At the second call
the stock sold at 81; alter call it sold ut s7S,
and then it was bid up to 9, with none Of
fered. Philadelphia Company opened at %
sales. sold down to 2lH and closed Mt q bid
for 10 shares and 100 offered at the same
price. Two or three odd lots of Pleasant
Valley Railway sold at 2513, and the close
was at 2614@s5A. Duquesne traction sold at
Is and closed at the same price bid. Union
closing at l9l1@l934, and the preferred he'd
strong at 3s@40L. Peoples Pipeage sold at
Il, closing az l4%@l55s; and p, A. & NJ trac-
airbUaIs 90. bid nnso 100 offared al 1a,i<.
Electric second preferred was quoted ut $50
80 and the first preferred at 5OH asked.
Others were without noteworthy change.
Allegheny Valley Railway I30s wore
qnoted at llo1a bid, Junction Railroad IS at
III bid, Citizens traction IS at LOG bid, and
Pittsburg traction 5s at 104 bid.
Unlisted street railway securities closed
as follows: Duquesne traction, 9s02s1s: do
5s, fiat, 102 asked; z. s. b, traction, 231 bid;
do 5s, ex-interest, 100 asked; p, A. l. NJ.
traction, 1904; do 5s, 1929 bid; Central
traction 5s, lOi15 bid.
Financial Notes.
There was sale OF Philadelphia Company
after the close at 221S.
Lawrence & Co. sold P, A. & NJ. IS to W. r.
Thompson Co.
Hill & Co. and W. r. Thompson & Co.
bought Duquesne traction and J. B. Barbour
and Lawrence & Co. sold.
Morris & Brown and J. ]. Campbell were
the sellers OF Phillie and Hill 6 Co. were the
Rinehart sold Lustre to Kuhn Bros.
II. NJ. Long sold Pipeage to H. E. Wilson
and Pleasant Valley to Messrs Eaton and
Bailey.
1t is learned that President Parsons has
not decided TO resign the New York and New
England Presidency, and it is now doubtful
if he will do SO, although it is understood
that the Reading interests would like him
to accept the Craftsmanship of the board and
admit Mr.. Mcleod to the Presidency.
Twenty-si1 Philadelphia banks, with an
TO n,Nft = nntn NJ
vember semi-annual. dividends footing up
S553, 700. The additions TO surplus made by
these banks range from 500, 600 to s., 600. or
the Philadelphia banks not making divi-
dends the additions to surplus range from
SIS 600 to S., GOO.
The Baltimore and Ohio and the Reading
have for some years been working in har-
mony as to traffic and extensions, and there
is talk now that the two companies are to
enter into most intimate relations with one
another.
Sales and Closing Quotations.
Transactions on the Exchange to-day were
as follows:
FIRST CALL.
Is shares Lustre Mining Company.."..... sx
AFTER CALL. ...-
1oshares Philadelphia Company .
SECOND CALL.
5shares Pleasant Valley Raiway 25H
I3 shares Lustre Mining Company........ Sa
THIRD CALL.
share Pleasant Valley Railway, go. ..... e5l,
100 shares Philadelphia Company ............ 2lA
leo shares Philadelphia Com pany. y........... alA
sl0 nU0 P, A. & NJ. SIS ......................l lC2Y
rs shares Duquesne traction. ........,....... g
IDS shares Duq1esne traction. ................. Is
10 shares Duquesne traction. ................ Is
5 shares Union Switch and Signal ......... I94
10 shares Union Sw tch and Signal ......... i9x
10 shares People Pipeage ................. 10
AFTER CALL.
IS shares Lustre Mining Company ......... sH
Total Gales, 5ls shares stock and sl0,0
bonds. Closing bids and offers: