Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-01-21
BUT ONE WEAK POINT.
DISTHLERs ALMOST ALONE IN THE
SHARE MARKET.

The General List Receivers From the Mis-
A Period OF Hes,eancy Checks the Ad-
vancex in the Afternoon.
NEW YORK, Jan. 2O.-Wau street to-day
showed every indication OF having recovered
from both the Chilean war scare and the
Missouri Pacific war. The tone of to-day's
market was therefore, the exact reverse Of
that Of yesterday, and from the opening
there was an excellent demand for stocks,
while offerings were comparatively light
The break undoubtedly forced some stocks
out of the hands of the weak holders into
those OF fstronger holders
The market rose right from the opening
sales, which were generally from "a 20 4 per
cent better than last nights figures. while a
few shares showed gains of per cent. The
Coal socks were one of the NEST prominent
features of the day. The very liberal buying
by the West, however, made Changers the
leaders of the movement, and the advances
were very large all through the active list,
and even the Industrials. which have Of late
been the weak points in the market, fol-
lowed the railroad list up even though
bad break in Disttllers In the early dealings
occurred.
The strength of the general market was
such that no stock had power to affect
the remainder. Disrillers' later rallied and
priced shares were not prominent features
in the trading, but Wheeling and Lake Erie
and Louisville, New Albany and Chicago
we're active and strong with the rest of tie
list.
The buying continued unabated until we'll
in the afternoon, when prices among the
active shares were from to per cent bet
ter than those OF last night; but n this juno
ture the buyers of yesterday sold out and
fractional reaction occurred, led by Dis
tillers', which dropped away per cent from
its figure. The general list yielded slowly
and stubbornly, and new buying appeared
in the final dealings, with the effect OF bring
ing most stock up toFtheir previous best
prices. while some attained even higher
figures.
the highest prices of the day All the lead
ing shares are materially higher tonight,
and the most important gains comprise St.
cific, Reading and Omaha, each 2%: New
England and Northern Pacific preierrpd
each ~: Union Pacific, 1s1: Burlington and
Louisville, each lss; Chicago Gas, Lacka-
smaller amounts.
The total sales Of stocks to-day were 49,
329 shares, including Atchison, 26l1O; Chi
Western, 800: Erie, q. .43O: Kansas and Texas
3,4OO; Louisville and Nashville Il, ,5e5; Missouri
Pacific, 7,945: Northwestern, $3.50; North
American, S.74o; New England. 1880; Read
ing, 81, $40; Richmond and West Point. 6,s2s;
St Paul, $3.50: st. Paul and Omaha, $500;
Union Pacific, 6,525
Railroad bonds were quiet, but shared in
the general Improvement in temper dis
played by stocks, though there were few
marked advances, and some declines are
noticeable in the final changes The total
sales were g, ,425 900, Of which Reading Sec
onds contributed $4,000 and Kansas and
Texas seconds 1884, 900. The rest of the busi-
ness was we'll distributed. The speculative
issues were generally strong, and Reading
seconds rose ~ to 57155; Richmond and West
Point ~ to o.
The following table shows the prices of active
stocks on the New York Stock Exchange yester-
day. Corrected daily for THE D1sPATcH by
WHITNEY & STEPHENSON, Oldest Pittsburg mem
bers of the New York Stock Exchange. 81 Fourth
avenue.