Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-04-02
'Ex.-div.
MORE GOLD SHIPMENTS
STRIKE THE ENTIRE SHARE MARKET
IN A VERY WEAK SPOT.
Lake Shore and Missouri Pacific Show
Most Weakpess-New England and

Stocks Fail to Recover From the Blow
Lake Shore and Missouri Pacific Show
Most Weak1ess-New England and
Sugar Also Heavy Losers.
New YORK, April 1.-The stock market to.
day was treated to another depressing in
f1uence in the shape of the renewal of the
outward movement of gold: but the narrow
ness of the speculation and the remarkable
tenacity with which stocks are held pre-
vented any material decline outside of the
few stocks which are still subject to specu-
lative influences. The announcements, while
not unreasonable, was. at least. unexpected,
and rumor that shipment of gold was
likely tomorrow was quickly followed by
the announcement that the coin had actu-
ally been engaged. The effect was to check
the general list and to intensity the weak
ness of the two weakest stocks, New Eng
land and Sugar. Losses among the other
prominent stocks, however, extended to
per cent and over, the temper Of the deal
ings being for sumo time decidedly weak.
The most discouraging thing to the bulls
was the utter failure Of the market to rally
are known be subject Il. to bear sras attacks
New England, there was no news of char
them. Among the rest of the list. Lake
Shore aud Missouri Pacific showed most
weakness, though Reading came again to
the front and scored decline on a large
and dividends during the day, which
amounted to some s45, ,0O0, OOO were no set-off
to the shipment of gold, and while there
were some efforts to cover shorts in the
afternoon they were of little effect, and even
Manhattan lost portion of its late substan-
tial advance.
The trading in the late dealings was light,
but no material recovery took place, ana the
market finally closed dull but heavy ut or
near the lowest prices of the day. The gen-
eral market throughout was dull and f1uc-
tuated within the usual narrow limits; and
while inclined to advance just after the
opening yielded to the influence of the gold
shipments and fell away below the opening
prices. The final changes are invariably
losses. The most important changes were
New England, 31s; Sugar, 21Ss: Lake Shore and
Reading, each ~; Lackawanna and Missouri
Pacific, each u and Union Pacific, Atchison
and Manhattan, each per cent.
The total sales of stocks to-day were $751;
O96 shares, including Atchison, 1878: Erie,
"a, 1876; Lake Shore, s, ,795: Louisville and Nash
vile. 1885: Manhattan, $3.50; Missouri
Pacific, 1885; Northern Pacific preferred,
Richmond and West Point, Abs; st. Paul,
Il, $50: Union Pacific, 4.o95.
Railway bonds were more quiet than usual
of late and the firm temper which has
marked the dealings for the last few days
outside OF the speculative issues to be seen.
Among these the Reading and the Richmond
and West Point issues were naturally most
prominent and all were inclined to weak
ness The rest of the market continued
pra ractically unchanged. The sales reached
!, 10000
The following table shows the prices of active
on te New o k h1
STEPHENSON, Oldest Pittshurg members of the New
York stock Exchange, 81 Fourth avenue.