Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-11-23
?. & B. TRACTION LEADS
The List in Point of Strength and Is
in Excellent Demand.
GAS SHARES BARELY STEADY.
Citizens Traction Opens Rather Weak and
Closes Quite Firm.
ALL THE LATEST FINANCIAL NEWS


Trading in local securities was again
moderately active on 'Ch ange to-day, but
the market was quite narrow and developed
few features OF real Importance. P. & B.
traction was stronger under a continued
| good demand; Citizens traction was weak
early and fractionally stronger later and
Luster and Union Switch and Signal gained
small fractions United States Glass COM
mon was bid up to 66A; Airbrake was
steady to firm at 1872 bid; Underground
Cable was held at the usual range, 75(976;
gas shares were barely steady and others
were featureless. The ch haracter of the
buying of P. & B. traction was
quite encouraging to those who are work
ing for higher prices. Considerable of the
stock was picked up at 24A@247a regular
| and IS buyer-9O, and there was market for
| several hundred shares at 2411. At least one
| broker had an order for 00O shares at that
price. good deal of gossip was INDUCED
| In ABOUT the showing made at the annual
meeting OF the Citizens Traction Company,
and the tenor of it all indicated that the fig
ures presented had made very good Inn
preston indeed, particularly those with
reference to the cost of operating the road.
A number OF little things. and one or
two pretty big ones, of which some
| of the street people were cognizant, were
not brought out by such figures as were OBJ.
tainable for publication; but the report read
will soon be sent out to stockholders in
pamphlet form. and it may be that the few
points on which some appear to be belonged
will then be satisfactorily explained. There
| was also a little gossip relative to short
age OF gas in certain portions of the city, but
it was lacking in def1niteness and was ap-
parently without effect.
Philadelphia Company sold at 2lsS closing
at 2l1S92ls4: Pa B. traction sold ut q. buyer
so and at 2455s@ais1 regular. closing offered at
2454: Lustre sold at ~, closing at 9ssGsA;
| 2454@251s: Citizens traction sold at 6l1, clos
ing at 6l5s bid: Exchange National Bank sold
| at S5l5. and New York and Cleveland Gas
Coal Company at 81.
The unlisted street railway securities were
quoted at the last call as follows: p. b.
traction, 245s024s4; do 5s, 99H@lOO Duquesne
traction. s755g27Sl; p, A. & II. traction, "A
asked.
Electric was neglected. The only quota
tion on the local floor during the last call
was an offer to sell the second preferred at
571a.
Foreign Commerce of October.
The exports of merchandise from the
United States in October last were: $s7, ,493,-
296 against exports in october, 1891, of slO2,-
SIT 243. The total for the ten months ending
October 81 has been S752, sos, 252. against
total for the same period in 1891 of $74O,-
40, 2l3. The figures for the four months OF
the present fiscal year, however, show a
smaller export trade than in any year since
1888, the total for the four months of 1892
being s2I3 652 299 against S32l 0s5 762 for 1881,
S277 655 $50 for 1890, and $274 S07. 1923 for 1853
The imports into the United States during
october were s79 09s, 49, against $66 s36. e59 Tor
October 1891. The total imports tor ten
months ending October 81 we're 1872. 467, 462
in 1892. against S693. 9s24 Alb Tor 1891. The
figures for four months beginning July
were $500 739 sS5 for 1892. against $751; 336, ,39l
for he m iCr dnrinU October
was Is 42s, making the total immigration Of
the ten months of the calendar year 493, ,275.
Financial Notes.
For the second week in November the
earnings of the Buffalo, Rochester and Pitts
burg were se4, ,63s. against .72s for the same
week last year, an increase of $ll,909
Morris & Brown and McCutcheon were the
sellers of Luster to-day and Messrs. Watt
and Rinehart were the buyers. Messrs.
Morris & Brown also sold P. & B. traction
and W. R. Thompson Co., Kuhn Bros. and
Hill & Co. bought.
Ramsey and II. NJ. Long bought Pleasant
Valley from Hill & Co: and sproul & Co.
Hill Co. were the sellers of Citizens
traction and Messrs. Pinkerton, Eaton and
Adams were the buyers.
Whitney & stephenson and j. S. Mokelvy
sold Phfllte and Hill & Co. and j. j. Camp
bell bought.
Excelsior Express and Standard Cab Com
pany was offered at 81 on Change. Its par
is so and 1t pays per cent.
On December l the Baltimore and Ohio
Railroad will take charge Of the entire
cham of railroads extending through Gen.
tral West Virginia, known as the Camden
system. 1t comprises nearly 300 miles OF
line, and will give the Baltimore and Ohio
complete control OF Central West Virginia.
to-day was Sl23, ,60l, ,457, a decrease of more
than a million dollars since the 10th inst.
and of slightly less than million dollars
Unitad States Judpe Rond hos sioned an
order authorizing MIR. Walter G. Oaknan,
Receiver of the Rich mond and West Point
Terminal Company, to institute proceedings
to secure the cancellation OF q contract by
which the Terminal Company purchased
$l2 C000 600 OF the capital stock and s. $50 600 of
the collateral trust bonds of the Georgia
Company. Mr.. Oakman is also authorized
to institute suits to recover money the Ter
minal Company is alleged to have lost in the
transaction.
Ohio for October increased $62, 1000.
8 Sales and Final Quotations.
Following were the transactions recorded
on the exchange sales board to-day'
FIRST CALL.
l5 shares Exchange National Bank ............ s5H
q shares New York and Cleveland Gas Coal. 81
10J shares Philadelphia Company 2iS
Is shares P. & B. traction, buyer-e0......... Is
AFTER CALL.
20 shares Luster Mining Company. y............ s1S
SECOND CALL.
50 shares P. & B. traction 1900. .............. s4s
100 shares P & B. traction buyer-6o........... IS
25 shares Pleasant Valley Railway. IS
Is shares Pleasant Valley Railway ..,..,....., rs
is shares Pleasant Valley Railway ............ Is
100 shares Citizens traction. n................ 6lH
90 shares Citizens traction. on-................ 61x
30 shares Citizens traction on-..--............ 6lx
200 shares Philadelphia mpany............... 2lh
THIRD CALL.
20 shares T. B. traction. on.................. 24%
100 shares Luster Mining Company. 9H
AFTER CALL.
20 shares Luster Mining Company. eS
Total sales, 932 shares. Closing bids and
offers: