Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-03-23
MANIPULATION OF SUGAR
HELPS THE GENERAL TONE OF THE
SHARE MARKET ALSO.
Lively Bidding for Reading-Pullman end
Ohio Southern Active in the Afternoon
Good Trading on Both Sides Of the Ac-
count-ROndg Active.

Lively Bidding for Reading-Pullman and
Ohio Southern Active in the Afternoon
Good Trading on Both Sides Of the Ac-
count-Bonds Active.
New YORK, March 22.-The transactions in
| the stock market to-day, so far as the gen.
| eral list is concerned, were still of the same
professional character and OF the same hand
to-mouth order, but the operations were en-
livened by few moro features than usual
for the past few days and the business done
was more evenly distributed. The manipu-
lation of Sugar still continued. The upward
movement in the common stock continued
until it had actually crossed the preferred,
but the latter afterward moved forward and
remained slightly above the common.
This movement was not without its influ-
ence on railway stocks. For a time there
was lively bidding for Reading. and in the
resultant rise Jersey Central and Delaware
and Hudson fully sympathized, though the
transactions in each of them were extremely
small. simultaneously with this latter ad-
vance, the execution of few buying rders
in Lake Shore caused sharp upward move
ment in that stock. which extended nearly
to per cent, while Michigan Central rose to
1l3 from no. and Canada Southern rose over
per cent. These advances called out stock
and caused material reaction from the
best figures in those stocks.
The GrangerS were rather more promine ent
in the afternoon, but their movements were
not so marked as those in the stocks men,
toned and few Of the specialties. among
which Pullman and Ohio Southern were the
more marked. The reactions from the best
figures were generally made up again in the
afternoon, except in Michigan Central, the
buying being for both sides of the account
and the movement general.
The opening of the market was made at
insignificant changes from last nights fig
ures, and the upward movement met with
no check except in the partial reactions
noted among the leading shares. The gen.
eral list, as rule, closed at the highest
the Improvement. The material advances
comprise Ohio Southern, 5; Sugar, 81; the
preferred, ": Pullman, ~: Jersey Central,
.; Delaware and Hudson, ~, and Burlington,
Lake Shore, Reading and Michigan Central,
each per cent.
The total sales of stocks to-day were 295,-
90s shares, including: Atchison, 100; Can
ada Southern, s, 130 Chicago Gas, 13 $50; Erie
LILO: Lake Shore, p, 600; Louisville and NASH
Vile, $500; Northwestern, 16,455: Northern
mond and West Point, $500; ST. Paul, 300;
Union Pacific, 8, 156; Western Union, 5000.
Railway bonds were also a little MORE ami
mated to-day, and while only the Richmond
and West Point Trust IS and the Reading
the total dealings were $l.4s5, 600, the two
issues mentioned supplying $35S, 900 and $685.
600, respectively. The temper of the market
was again firm, however without any
marked, movements, even among the lead
ing bonds; and while prices are generally
higher this evening, the gains are, as rule,
insignificant.
The following table shows the prices of active
STOCKS on the New YORK stock Exchange ysstsr-
NEY 4 STEPHENSON. oldest Pittsburg members Of
the New York Stock Exchange. 81 Fourth avenue.