Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-12-28
DUQUESNE IS ACTIVE
And Rather Weak and P. 4 B. Is
Active and Barely Steady.
PHILADELPHIA COMPANY FIRMER
And Westinghouse Airbrake I1hibits q
Tendency to Advance.
THE GAS SUPPLY GROWING SHORTER

TUESDAY, Dec. q.
The general character of the local stock
market showed little change to-day as the
result of its rest of two days There was
fair trading in Duquesne and Pittsburg and
Birmingham fractions, and one small tran
saction in Central traction and one in
Philadelphia Company, but the movements
occasioned no talk and were not regarded
as significant, particularly since prices were
about the same as those prevalent for some
time past. The only item on the list that
showed any noteworthy changes besides
Duquesne traction was Westinghouse
Airbrake. It was bid up to 131
on call, with intimations that 1872
was bid privately without success. The
only stock Offering at the close was 139.
The opening price of Duquesne was at 27sa e,
but it subsequently sagged under free offer
ings and closed of u from the highest.
Pittsburg and Birmingham sold at 25@24I,
closing at 2476 bid.
and thereafter was neglected. Philadelphia
Company opened at about last Saturdays
closing price. improved 60 1879 sales and
with regard 10 the supply OF gas is growing
worse, IL anything, as the list OF COM
plainants is growing and the period during
the "A hours whom they do have little gas
is steadily growing shorter; and yet there
are those who contend that the company
has plenty of gas, and that the complaints OF
shortage are grossly exaggerated. Such
claims would be ludicrous indeed II the sit
uation was not serious one and they were
not made with so little regard to the facts.
Hundreds and hundreds of good people who
have been suffering during the cold snap
know that the company has not near gas
enough to supply all its patrons, but they
do not Know it any better than
the company officials know it. The public
know the supply is short for all the papers
have been saying so Tor week past, as the
result OF complaints to them by communion
tions and in person, so that opinions OF
those who claim the supply IS ample cannot
In this connection it is we'll to remember
that the Philadelphia Company has not kept
faith with the public. 1t promised to let lJs
Rssr01s Fse prospeess peSS se %ere % for plenty Of
gas this winter, and 1t did not
Keep the promise. 1t promised to give its
household patrons the preference in its sery.
ice, and it has not kept its promise. 1t
promised to cutits manufacturing patronage
If necessary to properly care Tor its other
patrons, but instead OF doing SO it deliber-
facturers. Its operations are characterized
by greed. 1t evidently has not the moral
courage to eQualize supply and demand,
preferring rather to let some suffer in colo
weather and trusting they will stick to the
company and burn what gas they can get
when the mills and manufacturing concerns
are not running full blast. The Philadelphia
Company needs to be awakened to a sense OF
its oblig ations Co the best end of its busi-
ness.
Aside from the stocks mentioned the mar
ket was featureless. The unlisted street
railways closed as follows: P. & b. trac-
tion 241S@25; Duquesne traction, 265s@27; P,
A. & M. traction, 431z bid.
Sales and Closing Quotations.
Tho transactions recorded on the Ex-
change Gales board to-day were as follows:
FIRST CALL.
100 shares P. & B. traction on....................
10 shares DuQuesne traction. IN
AFTER CALL.
is shares Central traction .................... Is
SECOND CALL.
so shares P. B. traction. 2ih
so shares p. Il B. traction AS
s. shares DuQuesne traction ................... q
200 shares Duquesne traction q
shares Duquesne action. 26&
BETWEEN CALLS.
so shares DuqueSne traction. n
THIRD CALL.
10 shares Philadelphia Company.......,....... 1875
Is shares Z. B. traction n................... 24S
Total sales, $50 shares. Closing bids and
off