Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-03-31
FIhsT SECOND THIRD
CALL. CALL. CALL.
B. A. B. A. b. A.
EXCHANGE
STOCKS,
WALL STREET DIVIDED.
THE BULLS HAVE SLIGHTLY TIE BEST
OF THE ARGUMENT. .-.

Market Feverish, Unsettled and Still Pro-
fessional-sharp Drives on the Coalers-
Boom In NJ Manhattan just Before the
Close-Railrosd Bonds Active.
NEW YORK. March 3O.-The operations in
| the stock market to-day showed proof that
there are two parties In the speculation, and
that they are at present quite evenly di-
vided. Under the influences of these con-
tending forces the market was. during most
of the day, feverish and unsettled; but the
bulls had the aid of free covering of yester-
days shorts. and prices. IS rule, were well
market. however, was again demon strated
by the utter stagnation which followed the
completion of the ventures entered into yes
tcrday, accompanied by almost entire cessa-
tion OF trading.
Northern Pacific was more animated than
usual of late. while, despite the attacks upon
it, there was demand enough from the
shorts to keep it moving upward after the
opening decline of n per cent. Sharp and
short drives were made at the Coalers, and
all except Reading yielded materially 'on
light trading, Lackawanna, Jersey Central
and Delaware and Hudson reaching lower
prices than have been seen for some time:
but the recovery was equally If not moro
rapid than the drop, and intense dullness
marked the further dealings in those shares.
In the rally that followed the drive Reading
received a substantial gain in company with
q few other stocks which have of late been
the objects of special bear pressure.
The Grangers were given more promi-
nence to-day, and ST. Paul again assumed its
activity, and in 1t, as in the otner prominent
shares, the efforts at depression were fol-
lowed by full recovery and gains of small
fractions in addition. TIE industrials were
comparatively neglected, and the low-priced
shares were barren of feature.
The opening Of the general list was made
at fractionaily lower figures than those of
last evening. but the covering of shorts was
on SO large a scale that prices rose from the
first sales The continued sales for the
short account. however, aided by some
keE throushous a Tie o forenoon Afps IL 'hs Sishiy
feverish and unsettled state, though prices
advanced in the main. The afternoon was
marked ma by further improvement, though
limit at one time, while in Reading. the
Coalers, Sugar and some others material
gains were scored on a very moderate trad
Ing. There wns no setback, and the market
finally closed quiet to dull but firm, gener-
ally at about the best prices of the day.
One of the most prominent features of the
in in Manhattan, Which. after selling down IL
to ll5A, rose rapidly to ll9A and closed with
a reaction Of only "a per cent. The final
chi; changes are almost invaEaGiy 3. small gains,
Delaware and Hudson, l per cent.
The total sales Of stocks to-day were 2s0 2s4
shares. including Atchison, q: :45s Erie % 245;
Louisville and Nashville. $780, Missouri Pa
cific, 1920: Northwestern, 3,s40; North Pa
cific preferred. 2Oee5: New England, 1895;
Reading, 95 500: Richmond and W est Point,
Is, 145; st. Paul, $4,000
Sales OF bonds were more active and trad
ing extended to a still larger number of is
sues, while the feature of the dealings was
the return of the Atchison incomes to popu-
larity. Richmond d and West Point 6's retired,
but no other material changes in the promi-
nent issues occurred. The market was in
the main firm throughout.
The following table shows the prices of active
stocks on the New York Stock Exchange Yesterday.
Corrected d6lly for THE DISPATCH by WHITNEY &
STEPHENSON. oldest Pittsburg members Of the New
York Stock Exchange. 81 Fourth avenue.