Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-02-28
pa.by, and the erangers. while duh. pre-.

pathy. and the Changers, while dull, pre-
sented very hrm front.
The continued evening.up Of short con
eral list. but there was new buying OF
most pronounced sort in the two stocks,
which gave character to the trading. Della
rising from 1888 to 1857 and closing at the top
figure, while Denver and Rio Grande. pre-
ferred, which was bought by interests
Mnich have been ogllmg gn a se to stSek s%
also closing at the best price.
Jersey Central responded to the strength in
Delaware and Hudson by rising again
above H0, and Lackawanna and Reading were
not so strong. Rumors in regard to the re-
organization sent Richmond and West
Point preferred up per cent and affected
Sn wsS she rs;t the hn market
The general list opened with irregular but
slight changes from last nights figures, and
a slow but steady Improvement occurred up
to the time of the publication of the bank
statement, which showed heavy loss IN
specie and the surplus reserve, though its
Influence was momentary. The close was
active and strong at the pest prices OF me a,1
day. The final changes are generally small
fractional gains, but Delaware and Hudson
is up 81, Denver and Rio Grande preferred
~ jersey Central lS and Lackawanna per
cent.
The total sales OF stocks to-day were ILL.,
849 shares, including Atchison, 20lo: Chicago
Gas, 1885: Delaware, Lackawanna and West
ern; g. lso; Delaware and Hudson, $3.50; Erie,
land. 8 800; Reading, 81, 800: Richmond ana
West Point. 2,2l0; St. Paul, 1885.
Railroad bonds were rather moro active
than usual of late, put the temper OF the list
was barely firm. and some Irregular changes
occurred during the session. The total trans
actions were 81. 33s,oo0. out of which the
the aps Re.ss %ss s. gSn S s. snS sss
Chicago and Erie incomes, $l9S S0O0.
Bulls Have Control.
John M. Oakley & 90. received the follow
ing from Watson & Gibson: "The bulls were
in control Of to- days market, but their field
Of operations was small. The Coal stocks
monopolized attention, and Delaware q
Hudson that has been weak on a rather poor
and Delaware, Lackawanna and western
were up point or so. Reading hesitated,
and finally closed jus1Ehere it did yester;
minors Of a ~ per cent dividend on Merch
10, and the Denver and Rio Grande stocks
were up because that road will be benefited
by the silver mining excitement at Crede, in
Colorado
"The coming week will be marked by the
Introduction of Richmond reorganization
plan as some big people are behind it and as
the array OF facts and fancies in the pro-
gramme of reorganization is expected to
create confidence in the undertaking fresh
impetus may be given to the securities Of
that system and to the general market. or
while granting the success Of the plan, fail
to ste why its acceptance should cause
boom since they consider it to be merely q
life saving and not a life creating expedtent.
"The market for New England stock next
week promises to be buoyant on some new
deal that is developing. If the general
market is firm it might be best to sell as fresh
of gold would excite new
doubts"
Gold Exports Again.
Henry Clews & Co. say: "A fruitful source
of uneasiness is the revival Of gold exports.
The present condition of the exchange mar
ket is more favorable to gold shipments, be-
sides which the season for an outward move
ment is close at hand. There is no immediate
danger OF free coinage of silver, and it is
worthy of note that Austria's special de-
mands, which are presumed to have induced
recent shipments, cause no uneasiness
abroad. In spite of these facts, however, the
market, in its present weak, stagnant condi-
tion, is naturally sensitive to any important
demand upon our gold supply.
"In the general situation there is little
change. II general trade would improve
there might be some room for encourage
ment; but this is still wanting. The future
Is promising; only we have been living long
enough upon high and unfulflled expecta-
lions. Aperiod Of disappointment naturally
follows, from which at latter date we shall
of course emerge"