Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-08-05
STOCKS STILL STRONG
And the Volume of Trading Keeps
Up to Good Proportions.
MORE GAINS ARE ESTABLISHED.
i Sharp Advance in Airbrake in the Final
Dealings.
LOCAL AND GENERAL FINANCIAL GOSSIP
THURSDAY, August 4.

4hOfSSOAx, Aukust L
The boomlet in local securities that ma
terialized during the closing days of July
seems to be developing into full-grown
boom. There is no lack of orders in the
hands Of the brokers. and they are steadily
coming in from day to day in all sizes, de-
spite the continued upward tendency Of
values. The trading on Change to-day ov-
cred Duquesne Traction stock and bonds, P.
& B. Traction stock and bonds, Philadelphia
Company, Central Traction, o. s. Glass,
Luster Mining Company, Westinghouse
Airbrake and Westinghouse Electric pre-
ferred. Duquesne Traction bonds sold at
100H, and P. & B. Traction bonds
at 1011S, and the demand was ap-
parently undiminished at the close.
Duquesne Traction firmly maintained
its hold around 2s55, and P. & B. Trac-
tion was a shade firmer at 26s< sales and bid,
though 100 shares were offered at 265< after
the close. Central Traction sold up to 30,
but it was not maintained at that notch,
closing ao 29X@30H, with indications OF soon
being fixed firmly above the paid-in line.
In the other fractions very few note worthy
features developed, though the entire group
may be said to have presented strong
front.
The demand for street railway securities
ment conservatively bullish. Philadelphia
Company sold at isA@l9H closing at l9ss@2o
which figures show u sItg htly advanced posi-
ton as compared with the previous close.
DSsS Ys1esd 1snra' uIl point s' in assia sne bid @
ding, Peoples Pipeage was fractionally
higher and Manufacturers' Gas moved up q
feoting the opinion entertained of the gas
group by the general public. They are un.
doubleday gaining little all the time, and
1t is possible that, one Of these days,
SO many have been SO long and anx-
iously awaiting. 1t sometimes happens,
however, that what nearly everybody is
held its own. selling at II and closing slightly
below. The demand has subsidized some-
what, but very lew expect to see much of a
reaction, If any.
just after the last call there was a little
trading in Airbrnke, Pittsburg and Birming-
ham traction and Westinghouse Electric
preferred, the first and last named selling
above recent quotations. Airbrake, whicn
had been steadily gaining strength during
the past week, showed symptoms OF advanc-
ing during the last call, and they broke
out Immediately after in sale at 27H and
a good bid thereafter for a round lot. P. &
B. traction sold at the same price as on call,
263z, and 25 shares OF Electric preferred
changed hands at 46H.
trading, Westinghouse Electric (old) was
lower at 1711@l734; but Switch and Signal,
Luster and one or two others sympathiZed
more or less with the leading active and
strong shares.
The close of the market was strong at
about the best prices of the day, and the
tone was unmistakably bullish. Nearly
trinsically to go higher, but it will do no
one any harm to keep an eye out for natural
reactions.
MonongaheIa Water Registered.
The Board Of Directors of the above COM
pany have appointed the Safe Deposit and
Trust Company, Of Pittsburg, to act as regis
trar and transfer agent Of the stock of this
company. On and after this date all certif1-
Gates will be issued by said company, signed
by the President and Secretary Of this COM
papy, as heretofore; also, countersigned and
registered by The Safe Deposit and
Trust Company. Stockholders should
send their names and address to the Safe
Deposit and Trust Company, stating the
number of shares owned and also the num-
Der of shares for which certificates or
memorandum are held. On September l
next. Oh as soon thereafter as possible, GER
ttfcates or other evidence of other owner
new certificates may be issued for the same.
1t is the desire of the board of directors
that all outstanding receipts and memoir
andums for stock shall be surrendered and
cancelled, and that the regular certificate of
the company be issued in lieu thereof
CHARTERS Valley Gas.
The statement of the CHARTERS Valley Gas
Company for the quarter ending June 30
1892, compared with the statement OF the
like quarter last year, follows: