New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-05-06
COURSE OF PRICES UPWARD.
act or.T-roSs THE HIGHEST OF THE DAY


TIL. stock market opened yesterday with most OF
the active Issues ruling on an average nan pom.
higher than at Tuesdays close and with occasional
u,,rnortsnt recess,ons due 70 proht-taking tho
general course o. prices steadily upward. .ast
quotations being the highest OF the day London
which on Wednesday was lower than on the pFeceh-
Ing day. rallied yesterday, "American' opening
there AT nearly Tuesdays closing parity ana the
mnrkr, continuing active and buoyant As no
,.vs Z. good news" the lack o, any advices tend
,ry 70 diminish tho magnitude ~ Commodore
D.ue,'s triumph AZ Manila was probably one ele-
mont IN tho strength % tho local marker YESTERDAY!
o,her and more significant factors we're the news
OF the UPRISING In Porto Rico the Widespread rio'-
Ing I'm spain ihe heavy runs on the banks theFe
ort ~, rerna-kahl~ rise IN the premium on sod IN
Madrid 4 big days business was done. tho total
.ales being nearly 1000 shares Extensive pur-
chas~- were made by operators for bo'h inc 'o"s
md shor, accounts. The arbltrage houses. too.
bought laree.y and there Wero significantly IN
creased purchases by the commission houses ''-'-
eating that outside investors are coming mo tho
market which 'or A good while has been almost
entirely professional The transactions 100 en-
hraecd a much wider variety OF issues than have
been I'm demand ot late The sales OF Sugar were
80 o.5 shares. tho close at lS2i. net advance
for the day % 81. per cent. Other large dealings
were Burlington sales 80 sS3 shares. asst price ~
net gain ~. Tobacco. sales sl%o shares c'o@e
1921. gain - Aichson preferred. sales lao shares
close 81. gain - Brooklyn Rapid Transit. sales
II 20 shares close n. gain ~ Louisville and Nash
Vile sales $3.50 shares. close 52h. advance Is;
Manhattan sales o S1 shares. close lo2'9 advance
g.. York central. sales l299o shares. close
49,, advance IL. Baltimore and OHIO sales iS-
shares close IN. gain !, Peoples Gas, sales s39i
shares close 9i7~. advance IL. Rock Island. sales
81 40 shares close o. gain @s, ST Faul. "a rs -
so shares close a. gain -. Union Paciac pre-
ferrcd sales 1870 shares. closing quotation '6. net
advance ~ per cent.
Government bends dull and Arm. Tn"
fours registered OF 1875 advanced y. and IN"
,o,rs coupon OK 1925. d. The asking rat" FOR time
loans declined per cent from - 3. Win larS"
ororlnes and his was taken by Wall street as a
highly encouraging symptom. indicating b"ief
among conservative nuanciers that the war Will
soon he over
Iazard Frare. announced yesterday tho purchase
hy thorn I'm tho London market OF 81 -p"D gold for
in, mort I'm addition to tho f2"@tr" engaged by them
a dav or TWO ago ~ this total sum OF 81 5000" the
Majestic r. TO bring 81 coon. the tam9ania Srn)"tl
and me Auguste Victoria sL~ooI0 The National
CIV Bank also announced the engagement Of S9n"H
god FOR import and Muller Schall e 60. $1,000"
Jhe Kaiser Wilhelm der Crosse brought gold con
signed az follows j. & W Sclisman & Co: 3eo'9
marks. Kuhn Loeb & Co. 5000 marks; National
City bank 1920. and TO order tl23" The
Werkondam brought 5000. consigned to The Ma
tiOnal Clty Bank.