Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-03-08
MODERATE MOVEMENTS.
STOCKS ACT IRREGULARLY BUT THEY
RETAIN A FIRM TEMPER.
Very Little Doing for Foreign Account, but
the Improved Tone-Richmond Securi-

sery Autle DOing tOr tOr01Gn Account, Dub
Support in Coal Stock Proves . Factor in
the Improved Tone-Richmond Securi-
ties Comparatively Quiet.
NEW YORK. March THE stock market to-
day was not so active as on Saturday, nor
were the movements on so large scale,
even though there were five hours of busi-
ness in place of two. There was on the
whole firm temper to the~dealings, but
considerable irregularity existed, and while
the Vanderbilts displayed the most pro-
nounced strength, the Coalers, Industrials
and New England we're specially weak at
times. especially during the forenoon. A
further engagement of gold for export had
some influence in creating bearish temper
but there was no renewal of the trade of
Saturday and prices were left more to their
natural bent and with the removal Of the
pressure a frmer tone was developed. There
was very little doing for foreign account
but better support in the coal stock was a
factor in the improved tone while the posi-
tive strength shown by Lake Shore and later
by Northwestern brought the whole list
along in the afternoon. The Richmond and
West Point securities were comparatively
quiet during the forenoon but the stocks
rallied sharply and the bonds later in the
day more than recovered the loss of the last
few days. The Grangers in general were
well supported though St. Paul on a large
business fuctuated within the narrowest
limits and remained during the entire
day in the neighborhood of 30,
but as the day wore along the entire list
showed less feverishness and prices rose
slowly in response to the more settled feel
ing in the morning. Reading and New
England were again the features, but while
the latter rose slowly with the general list
failed to regain its early loss. Among the
specialties The New York, Susquehanna and
Western stocks were again strong and COM
paratiyely active; the preferred making
dropped 81 per cent, only small portion Of
which was regained during the afternoon.
The stocks, however, remained feverish and
there was the most determined raid OF the
day made on the list when Reading, Lake
Shore, Northwestern and New England were
Lake shore sS Losing al
The opening of the general. list was in
most cases fractiona1ly better than Satur-
days final figures, while Missouri Pacific,
for no apparent reason, was up " per cent
and Omaha and Delaware and Hudson per
cent. There was no settled tendency in
prices during the entire session and periods
strength isr throughout the entire md day. The
raid In the last hour, however, brought
almost everything traded in down to the
lowest points Of the day, but especially in
the market closing active and unset.
tied generally at fractional losses for the
day. Reading, however, is down ~. Jersey
ScutTdl anu NOW GuSldhu4 poi CCHt, Wuu0
the low priced specialties retained most OF
their gains, and the Richmond and West
Point preferred closed at 671, the highest
price Of the day and IN better than Saturday.
Railway bonds were rather quiet until the
afternoon when the number Of issues traded
in became larger and increased activity in
the Richmond and West Point issues added
character to q market which had lacked
features. These bonds were again strong
and while reacting in the last hour under
pressure still stood the important gains of
the day, IS being up 80 and the IS, at 6SLz,
and 96 respectively.
The Government bonds have been dull and
steady. States have been dull and steady.
At New York yesterday the total sales of
stocks were $50 ,6s5 shares. including Atchison,
$3.50; Del, Lack. W., $500; Erie, i. 800; Lake
Michigan Central. 8 $50; Northwestern, s2,56l;
New Jersey Central, 8. 100; New York Central,
1, 1874; Northern Pacific preferred, 4.693; New
England, ~ ,Oe5 Reading, 113.SOo; Richmond
and West Point, 5000; st. Paul, 400; st. Paul
and Omaha, 4.455; Western Union, 100.
The following table shows the price Of active
stocks on the New York Stock Exchange yesterday.
oldest Pttsburg members Of the
New York Stock Exchange. 81 Fourth avenue: