Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-02-26
ONLY ONE WEAK POINT.
NEW ENGLAND ALONE DECLINES IN A
DULL LSHAREMARKET.

New Stock OF the b. 8 O. Appears on the
Lackawanna Score Advances-Edison
Electric and Erie Up.
NEW YORK, Feb 25.-There was very little
in the stock market to-day, and with the
trading almost entirely professional and no
news ofa character to influence prices in
either way, the list, as a rule, was dull. The
traders were more bullishly inclined, but no
buying of Importance appeared. and while
arbitrage brokers were again buyers, it is
well understood that their purchases or
sales at present have no significance.
The traders paid special attention to Dis
tillers' for time, and it advanced ma
terialy, Lackawanna on very limited offer
ings following. Among the specialties Lake
while Iowa preferred spurred up 81 per cent
on very limited dealings
The stock of the Baltimore & Ohio just
admitted to dealings on the Board, was
traded in for the first time to-day, and after
q sharp rise of n per cent to 97]5, lost large
portion of the Improvement. Among the
1ndustrials, Chicago Gas was still under the
hammer this morning, but it yielded only
fraction, and afterward regained the loss,
though its price is now on a materially lower
plane than n week ago.
St. Paul, Northern Pacific preferred and
Louisville and Nashville of the usually
active list, with the addition of New Eng
land, which proved to be the one weak
point in the market, declining steadily, and
scoring a loss of over per cent. The
Vanderbilt stocks were remarkable. as of
late, for their dullness which was specially
marked in Lake Shore.
The general list opened with small gains,
and during the greater part of the day ad-
vanced slowly without material change, and
late in the day, after the announcements of
another engagement of gold for export, the
bears succeeded in raiding some stocks to
below the opening prices. In this decline,
New England, Northern Pacific preferred
and Reading were the most prominent, but
no material concessions were seen, and no
long stocks coming out, the raid came to a
sudden end, and the animation induced by
it quickly subsidized while prices again rose,
the market resuming its firm temper.
The market closed quiet to dull and firm,
generally at small fractional advances over
last nights prices. The only changes of
note were advances of N in Edison and l
per cent in Lake Erie and Western, while
New England lost per cent.
The total sales OF stocks to-day were 279,-
034 shares, including Atchison, $3.50; Chicago
Cas- 35 030: Delaware, Lackawanna and West
ern, $500; Erie, IL, 100; Louisville and Nash
vile, $50; Northern Pacific preferred, T. lis;
New England 1882; Reading, 1920; Rich
mond and West Point, COS; st. Paul, 20673;
Union Pacific, 1H2
Railroad bonds were quiet, as usual, but
and West Point bonds swelled the total to a
respecta BILE figure and gave tone to the rest
of the list. Small appreciatons were the
result throughout the day, but important
changes are few. The, total transactions
reached S., ,953, ,GO0 of which Richmond and
West Point IS contributed S433, 900.
The following table shows the prices of active
stocks on the New York Stock Exchange yesterday.
Corrected daily for THE DISPATCH by WHITNEY &
New York Stock Exchange, 81 Fourth avenue: