The evening world., 1892-02-12
WALL. |. ST.
STOCK REPORTS.
Nearly q Million Shares Changed
Hands To-Day.
Realizations Forced Prices Down at
the Close.
Reading and Now England tho Fea-
turcG of the Days Trading.

Remarkable activity continues to-day In
the stock market. The great Reading deal
has not spent It's force, and the boom OF the
coalcrs, which began several days ago, l.
gradually lifting UP the entire list
The coalGrS were the most active stocks III
the list at to.day's opening. Reading leading
with sales almost equal to those OF yesterday
forenoon. Lackawanna was more largely
dealt In, as was New York and New England
while the Central OF New Jersey was very
strong.
Reading opened at ca. last nights closing
price, but dropped to G2t9 under heavy oiler-
ings. but recovered during first hour to G3as
There was also an active demand Tor all Read.
ing bonds. Lackawanna, which closed yes.
tcrGay at 1Gi, opened at 10l, advanced tC
lG3 and Tell back to l62.
New Jersey Central opened at 1873. an adj
vance OF point over last nights closing
jumped to 1904, reacted to 1874 and ad
yanCCd again to 1i0.
New York and New England WAS higher
and very active, advancing At the opening t'
DALI. Il gain OF ! point, ana then rCacLiLs
slightly.
% 10 noon about 100000 shares had
changed hands, Reading figuring in the tota
Tor 100000.
Many operators still profess to have doubt
about the cnicacy Of The consolidation plan
and persist in selling tho market short
Every now and then they become frightened
ana II their anxiety TO cover bid prices UP on
themselves.
The banEiug interests represented by
DrcNel, Morgan & Co, however, are steadily
strong probability that Wall street Is about
10 witness One OF the greatest speculative
movements In its history.
eltcr O'Clock the whole inarl;ct developed
~ tla.n nI tpt t,,t.
incnt OF the Louisville 4 Nashville FOR the
first week OI February. which showed an III.
crease in earnings OF &55.99O.
There is talk OF an unintcntional corner ,
In Lackawanna, Tor the reason that the bears
have been stubbUrAiy nghting the rise, while
| old owners have been addiag to their held
ings. When the books close lor the dividend
holders viii call In their took ana the shorts
viii have to deliver the certificates.
This afternoon there We're enormous reaii.
cations, and the traders fought the selling
movement. but finally had TO take water and
rush pcll neil to get out
The result was a sharn break In several
stocks which have been prominent IL the late
rise. Jersey central dropped = to l35, Read.
lag. 30, - 5Sas: Lackawanna, AZ to 1904:
Delaware Hudson, 4 10 Ssh; chicago Gas,
20, to 7gls. and New England, 3SA 10 3Uaj.
Ihc rest oi The lis; yielded about point. In
the closing sales Jersey Central rallied to
l31.
Ii Is stated that anthracite coal prices Will
not be raised, and sales agents viii be In
structed To vote against an advance ut their
meeting to-day. This comes from the people
identified with the coal combination.
Iowa central preferred. a Russell Sage
property, Jumped from 4S 10 %.
\ suit has been brought against the Kansas
& Texas CO., by the M,rcGnilic Trust Com
pany at the request OF the md mortgage bond
holders TO secure an accounting since June,
1880.
The Treasury Department to-day purchased
$4,000 ounces GI silver at $3.50 4 oO.GO.
The tenders We're 1000 ounces.
sterling Exchange Is strong AT yesterday )
rates. Bills are In limited supply, While the
acmnnd from bankers for reinittauccS con-
tinucs
StOcN Exchange seats are in demand at
$42 900. y. 5. Taller has sold his seat u
Charles Hayden. or Boston, and W. Il. Kit
chen TO 4. A. watson.
The total sales NJ the New York stock TX
change to-day were pIj, 500 shares II listed
stocks, Of which 3S3.O0u SHARES We're uf Read
iuG. There were sold 10000 ounces of silver
and 10000 barrels OF rcnnsylyania oil.