Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-12-10
ALMOST A WHITEWASH
No Business at the Stock Calls and
Only One Sale on Change.
GAS SHARES HOLD THEIR OWN
And Some Of the Street Railways Show an
q. Improving Tendency.
GOSSIP OF THE DAY AND FINAL PRICES
FRIDAY, Dec. 9.

| FRIDAY, Dec. 9.
The regular stock calls to-day were water
hauls so far as sales were concerned, but
Immediately after the last board block of
Duquesne traction changed hands at 26aI,
which was all that business on Change
amounted to. In the bidding and offering
Philadelphia Company was steady to strong
at 20E@2U7S; Pleasant Valley and Pitts
burg traction were somewhat stronger, and
nearly everything else on the list was feat
ureless, the bids and offers being little
changed from the ones that have been re-
corded for some time past.
In the gossip bearing on the market
there was considerable discussion relative
to the delay in closing up the NorthSde
street railway deal, but it developed moth
ing really new worthy of repetition. The
latest is, however, that the hitch Is over the
terms on which the Transverse line shall be
incorporated into the system and not over
the terms of agreement between the two
main lines. This is probably as good an ex-
cuse as could be advanced in order to keep
the real one in the background, but there is
pretty good ground Tor the assertion that
unless there is q change of front on the part
OF some of the P, A. & NJ. people pretty
soon, and some definite action taken in
the way of concluding the deal one way or
the other. the real reason for the
delay will be trotted out 1t is pretty good
story, with political phase to it, and, ii it is
told, will make a very interesting chapter in
the history of the street railway develop
ment of the two cities.
There was also more or less comment on
the management of the DuQuesne traction
company in taking number of cars out of
active service. 1t had been the Judgment of
close observers that the company
did not have a sufficient number Of
cars on the line to properly care for its
traffic, and the reduction in the number
therefore come as big surprise. None of
the officials of the company have been
talked with on the matter, but some of
their friends say that they presume the
action was taken in the interest of economy.
Ihere. must be some other reason, as the
cars now are greatly overcrowded during
the busiest portion of the day, and the
patrons of the line are complaining bitterly
showing, apparently, that there was no ne
cessiiy for reducing the number of cars in
service.
A little favorable talk was current on
Philadelphia Company, Union Switch and
Signal and United States Glass, but there
was no reflection of it in the market, partic-
ularly Tor the two latter stocks. A revival
OF the story of a dividend on P. & B. traction
in January was also part OF the gossip of
the day.
Citizens traction IS were quoted at hog bid
and Pittsburg traction IS at I04 bid.
The unlisted street railway securities
closed as follows: Duquesne traction, 26569
e67S do 5s. 100 and interest asked; p. 4 B.
traction, 2354@4; do 5s, l0l asked: Central
traction 5s, l041a bid; T., A. & NJ. traction, A
asked.
A, ter the close "a was bid for P. & B. trac-
ton, 92L for Westinghouse Electric scrip,
and 81 snares of Standard Plate Glass were
offered at IS.
Sales and Closing Quotations.
The only transaction on Change to-day
occurred just after the third call, when Nor
q SnId 7 n phn c6oro
DuQuesne traction at 263z Closing bids and
offers: