The San Francisco call., 1898-12-14
EASTERN MARKETS.
NEW YORK STOCK MARKET.

NEW YORK; Dec. 13-The stock market was irregular to-day during the process of dfgesting large realizing sales during the current move ment. prominent railways closing at about the lowest. The market encountered efforts on the part of sold-out bulls to depress values and was largely affected by the demoralzation In ported and gained a point subsequently, de- clined five points on reported dernoralization in the sugar trade. In the early dealings the moderate fractional advice here followed tho improvement in London where the public were buyers of Americans. Subsequently, stocks be- came quite reactive but sales particularly in the standard stocks. were well taken on actual investment and semi-investment purchases and covering of short contracts
 Rallies ensued. particularly among the earlier sufferers, and around delivery hour gains were brought to the front by prominent interests a sustaining factor The Vulnerability of Sugar was largely responsible for the extreme lrFegulaTlty or the market. The traders ham, mered this speciality industriously and uncov- cred round amounts of stop-loss orders. Con- siderable support was extended to the general market throughout and pool buying was in strumental in lifting into prominence some of the low priced stocks which had not as yet moved in proportion to the rest of the list. Missouri Pacific was the only laggard in this category of shares profit taking conspiring to The Federal Steel stocks. which had been i. ~, l4AS IleeLSeleu were tSken III h5nd Speculation finally betrayed a very good under tone. considering the heavy blocks of realizing
 
 operations were quite extensive, arbitrage deal ings being for both accounts but heavily in favor of the bulls. Omaha took the initiative in the nnal rise in prices and gained three points. Northwest moved up sympathetcally, but the advance Tn the other grangers not signif- cant. Speculation left off heavy in tone with net changes fractonally either way.
 The bond market gave a better illustration of strength than the stock list, although realizing orders were in force in the speculative is sues, final prices recording substantial gains in many cases. Total sales, s. 7l0, GOO.
 United States 3s, the old Is coupon and the 2s registered advanced lA Tn the bid price.
 The total sales Of stocks to-day were BIO 400 shares. including Atchson, S0. .255; Atchison preferred. lS1 800; Baltimore and Ohio 3S4S; Central Pacific. 3900 Chesapeake and Ohio, TAO, Burlington. 7220 Cleveland Columbus. Cincinnati and St. Louis 54S5; Denver and Rio Grande preferred, 3560; Illinois Central SS40; Louisville and Nashville, 14 3S4: Manhattan 11.l90 Metropolitan, 5206; Hawaiian preferred 6660; Missouri Pacific. 2. New York Central 3S4S; Northern Pacific, a, 1I5; Northern Pacific preferred, 5000; Rock Island 15 235; Union Pa cifc. 10935; St Paul 17.930 St. Paul and Omaha. $500; Southern Pacific. 3700 Southern Railway l0.l47; Southern Railway preferred 2LSS7 Texas and Pacific. H,395: Union Pacific preferred, lS2J0; Wabash preferred, 27243; Wheeling and Lake Erie. 4910; American Spirits, S2S9 Tobacco, 19, ,520 Illinois Steel 2S- 199: Illinois Steel preferred. 37115: People $ Gas. 1900: General Electric. 4253: Pacific Mail b320; Pullman, 3375: Sugar, 99, ,020: Tennessee Coal and Iron. I,970; Rubber, 54s0; Western Union, 20 1l5; Chicago Great Western 3320