Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-11-18

AlleghenyValleyR Railroad 7-30s were quoted
ll01S bid on change to-day: junction Rail-
way 6s at III bid; Citizens traction 5s at 1867
bid and Pittsburg traction IS at 1041a bid.
Hill & Co. sold Electric second preferred
to Carothers, Electric scrip to Morris &
Brown and bought Lustre from Kuhn
Bros.
sproul & Co. bought Wheeling Gas from
A syndicate OF London bankers and
financiers yesterday bought all the Urugu-
ayan bonds obtainable. The purchases ad-
cate offered 40 for all these bonds held by
the Bank OF England on account of the
Barring estate but the bank declined to sell.
The syndicate intends to force the price to
The Calumet and HecIa Mining Company
has declared dividend of S5 per share, pay
able December Is. This makes s2,0OO.000
paid and declared this year and $3s, $50, 600 to
date.
The New York Evening Post says: 1t will
be observed that the Bank OF England
gained heavily this week, both on gold bal
ance and in surplus reserves, and that it is
now much stronger than 1t was year ago.
But the banks strength has clearly been
obtained at the expense of the outside mar
ket, the very heavy gold shipments of the
Rothschilds to Russia having been carefully
arranged SO as to avoid recourse to the
bank. Meantime continental exchange is
still against london, and next month Aus
tria begins in earnest its work OF specie ac-
cumulation, an event for which the London
bank is doubtless preparing.
Gas Company, of Beaver county: capital,
St, 900. The Mahoning Railway Company, to
run from Liberty street, in Mahonington,
New Castle: capital, sl5O,0oo. The President
is George B. McLane, OF Alexandria. Va.
The Homestake Mining Company has
l72, of 10 cents per share, ST., 5OO making
81 9lS, $50 paid to date.
The National Lead Company declared the
regular ~ per cent dividend on the pre-
ferred stock to-day. As anticipated, moth
ing was paid on the common. The books
close on the 2sth and checks will be sent out
December 16.
An evening paper quotes Mr.. George 1.
Whitney, of the Central Traction Company,
as denying that the papers in d suit against
the Duquesne Company are in course of
preparation or that a legal battle to recover
that right of way is contemplated.
At the annual meeting Of the Pittsburg
Traction Company, next Monday, there will
be submitted to a vote OF the stockholders
the question of amending the bylaws by
changing the time Tor holding the annual
meeting from the third Monday in Novem-
ber to the fourth Monday OF January in each
year.
Connellsville Railroad will be held Monday,
December 5.
The talk on Western Union is not as bullish
as it was, and now that the "bloom is off the
rye" the Gould following is inclined to look
for somewhat lower prices. The street is
inclined to believe that Mr.. Gould and his
sons are not as bullish as they were, and
inasmuch as there is to be a new administra-
tion, what little hope existed that the West
ern Union Telegraph Company could be sad
died upon the Government has disappeared.
Sales and Closing Quotations.
The transactions recorded on the Exchange
sales board to-day we're as follows:
FIRST CALL.
so shares Wheeling Gas.......................1 174
30 shares Westinghouse Electric I'd pfd...... 81
AFTER CALL.
40 shares Lustre Mining Company. .......... 9A
80 Westinghouse Electric Scrip. ..-......... %
SECOND CALL.
10 shares P. & B. traction .................. 24x
10 shares P. & b. traction ................... 244
20 shares 2. & Is. traction. seller 30........ 24A
THIRD CALL.
10 shares P. B. traction ................... 244
Total sales, ITO shares stock and $40 scrip.
Closing bids and offers: