Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-03-30
GRADUALLY GROWING LESS.
THE STOCK MARKET HAS LITTLE OF
INTEREST TO BUYERS.

| Speculative Spirit in Wall street at Very
Low Ebb-Holdrrs Think There Is No
Inducement Sufaclent to Make Them
| Part With Their Shares.
NEW YORK. March 29-The tendency in the
| stock market is still toward a smaller vol
| ume Of business The speculative spirit in
| Wall street has arrived at a very low ebb,
and something of positive nature must
occur to revive 1t. There is no inducement
to part with stocks. and holders are believed
to be fully able to protect their interests. or,
strong hands,. The market to-day was
nothing more than the remnants OF
last weeks trading, and presented an
the M transactions after the forenoon being
restricted to hand to mouth business, while
fluctuations throughout the day were con-
fined to the narrowest limit except in four
or five stocks. Rock Island was again under
the hammer and the marketing OF small
lot of Lake Shore in the absence OF support
was sufficient to knock it down l per cent,
but Sugar was the only weak SPOT In the
forenoon, and though the market opened at
adyunces OF from u to Il per cent over last
nights figures, the rally toward noon placed
prices. The duilness was most intense until
toward 9 P. NJ, when the pressure to sell be-
came even greater than in the early trading,
and was maintained throughout the rest OF
the session, New England bearing the brunt
of the attack.
The Erie, Northern Pacific preferred and
Rock Islands we're all close followers. The
first named retired ~ per cent and the
others in proportion, SO that the last prices
were generally the lowest of the day.
The close was active and weak, no rally
appearing as is usual in the final dealings.
There was no movement of importance
among the industrials, though Cordage was
advanced in the forenoon, only to fall away
again later in the day. The final changes are
generally small losses, but New England is
down 2 per cent, Erie. u and Rock
Island per cent.
Railway bonds we're still quiet, but the
new inquiry for rbonds over the counters OF
the dealers is stimulating f1rmer temper in
the general market, and while movements
are confined to very small fractions as
rule a slow but steady improvement is to be
noted.
The Richmond and West Point bonds were
again the most prominent in the dealings,
but while the IS scored a gain the 6s sympa-
thized with the weakness in the share list
late in the day, being subjected to the same
bear pressure. Other changes, without ex-
ception, were for insignificant fractions.
The sales were 81 0ss. .000
Government bonds have been dull and
firm States have been entirely neglected.
The total sales of stocks to-day were 25S.- |
635 shares, including Atchison, H,667; Chi |
cago Gas, 5000: Erie, "a. 900; Louisville and |
Nashville, 94s0: Manhattan. {, 196: Missouri |
Pacific, $500; Northern Pacific, 20,S95 New |
England, 49, 800; Reading, %, 900: Richmond |
and West Point, 5,42o; St. Paul, T7,slO; Union |
Pacific. 3674 |
stocks on the New York Stock Exchange yester- |
day. Corrected daily for THE DISPATCH by WHIT |
NEY STEPHENSON, oldest Pittsburg members of |
the New York Stock Exchange. 81 Fourth avenue. |