The San Francisco call., 1898-04-30
EASTERN MARKETS.
NEW YORK STOCK MARKEr.

NEW YORK, April 29-The bull campaign inaugurated yesterday was continued with az gressive vigor to-day in the stock market. and prices were lifted from l to nearly points throughout the active list. The sharp advance did not bring out any large amount of offer ngs to realize, but there was some profit taking, apparently by small traders, In the last dealings, which clipped off the extreme gains for the day. It was noticeable, however, throughout the day that any marked reaction in prices immediately led to 8 cessation of offerings and the market fell into intense dull ness. The rather hesitating and unsettled tone of Americans in London was ignored and prices were confidently advanced here from the opening. There was no important opposition to the bull campaign and prices moved quite easily, the supply of stocks continuing rather limited. The volume of business showed fur ther increase over yesterday and further addi- tons to the list of active stocks.
 The speculative leaders, which were bought by the bull coterie, followed by other stocks whose friends desired to see them keep pace with the rest of the market. There were no new developments during the day beyond the continued confidence in the general situa- ton. The declaration of neutrality by Portu- gal may possibly have had some slight infiu- ence The main consideration was the satis- faction felt over the excellent gunnery of the United States ships at Matanzas and in pur- suit of prizes and the ineffective efforts of the spanish sunners: The skill thus dsmonstrated imparts strong conviction as to the su- periority of the United States forces. Early intelligence Is also confident of a naval vic tory over the Spaniards off the Philippines The strength of the market quite general but of the specialties, notably Sugar. Manhattan and Metropolitan Street Railway moved more orderly than the general list The Grangers, usual, led the railroad list. For eign exchange was lower, demand sterling breaking sharply 15c to $4 4. The discount rate in London also declined. This led to re- newed talk of gold imports, and the stifening of the call loan rate a further factor toward this end. The abundant supply of money which has been available for call loans has been based, however on the disnclination of lenders to put their funds into time loans and commercial paper. Accommodations in and the outlook is believed to favor easier money conditions
 There Is increased inquiry for railroad bonds with the promise of easier conditions in the money market. Prices moved upward to-day on an increased volume of business. Total sales, S,450,oc0.
 Government bonds were strong. The new 4s coupon and the seconds advanced l per cent, the new 4s registered and the old As 5s coupon A per cent in the bid price. There were sales of the new 4s. both coupon and registered. at an advance of F the last sale price, but the old As registered showed a decline of 1s actual sales from the last price.
 Total sales of stocks to-day were 2s7, 500 shares including: Atchison preferred 6317; Burlington. 1892 Louisville and Nashville, 5075; Manhattan. 2,232; Metropolitan Street Railway, 9e25; Northern Pacific, 1865; do pre- ferred. 12sO2; Rock Island 12, 125; St. Paul. ican Tobacco, r, 755; Peoples Gas, 55Se; Sugar, 9q orr