New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-04-12
IMPROVED TONE IN STOCKS.
HROKERs APPARENTLY BELIEVE THERE WILL BE
NO OUTBREAK OF HOsTrLIT1Es-GoLD
TNGAGCMENTS.

Tho nuhl,c galleries OF the Stock Exchange were
thronged yesterday afternoon and Interested spec
tntors were present IN the seldom-occupied mem
berg gallery IN ~ an exciting scene on
the floor OF the Exchange following tho announce
ment OF the message from the President 10 Con
gross and tho Offices OF well-known brokerage
firms were r. ed with clients and curiosity seekers
ut the message. the outlines OF which were hastily
gathered by tho brokers from extras and special
dispatches which were brought to the floor. did
not cause the expected sensation. and. indeed. was
tho occasion ~ only temporary furry. which. OF
course Interested the galleries while It lasted. Tho
Stock Exchange. at the close OF tho day, was In
clined 10 believe II hns believed all along. that
ihcrc would not be outbreak OF hos'ilites. The
market yesterday opened strong. on the favorable
impression created by tho announcement OF SPANS
desire FOR an armistce Tho trading throughout
tho day professional. "a I, was last week. and
the same disposition to risk little and TO go slow
In the present foggy condition OF tho speculative
noted. the caution. investors remaining
at their snchOrages OF inact!On. Prices advanced
after the opening on inconsderable buying orders
Tho receipt OF tho message caused temporary
decline. the nrst impression being that Congress-
take decisive action. But tho decline speedily
checked. and the covering Of shorts. with some
W again the improved tone continuing to tho end
OF the day. Prices AT tho lose showed material
a general advance along The whole list, Sugar Of
which o'"s shares were sod, c.osed at 1907. a net
largely dealt IN brooklyn Rapid Transit saos
- g." shares. crs.f at So. net advance .. per
burlington, sai"s ~ iul shares Closed a. si's.
advance y. Metropolitan. sales iosl7 shares clos
ing price Nlis. net n!vance -. 81 Paul. sales
$50 shares closed at 81. net advance ~ and I'nlon
Pacific preieirca sHes s. %, shares closing pric.
~. net advance OF ~.
Tho bond markc, vrs nrrn. Government a. cou-
Pon OF igI, adyamcins ~ on SAILS and closing bids
Increased hfmness. opening ar per con, and
going AZ high ~ Per cent with tho closing rate
Tho sub Treasury received from the banks g.. 90
IN gold. aralnst shipments Of currency. 70 the in
terror Practically tho whole demand FOR the day
from tho West. as no currency shipped
TO points south OF Louisville, except n small s.m
needed IN tho regulnr oouysc OF business TO New
Orleans The WestSrn bankers. Il would s~enl. un-
Ike thoir Wall Street brethren as a rule bcliev.
so engagements ~ gold FOR importation were
announced yesterday the chief reason prOba bly,
being mat tho foreign financial markets were sii!l
closed. The Etru;ia. from LIVERPOOL the Paris
the orzaha. from Havana. which arrived at his
port on sunday. brought tho following conslgn-
menis OF gold. Etruria-For Kuhn, Loeb r Co
ITO thars and coinl. J. g ". Sclgman &c 90
E+c' Rank OF Montreal, 1000. Ii"id"hach, Ickel-
f72c'. Bank of British North America. f25o0o coin
and f7o"j In bars TO order" flathp in bars
Iaris-on" box. containing 81 oo0 consigned 20
Barring, Maroun & co Oriznhn-For Muller. Schall
CO. SocH La Gascognc-For the National
other importers
\ press dispatch from Havana yesterday said
that Ipmanu Co. of that city. had on Saturday
forwarded another 600" In gold 20 Muller. Schall
the shipment. Private advices from sydney, y. s
W said TINT the Mariposa, ~ the Oceanic Steam
ship Line. would bring $500 COO In gold &c San Fran
cisco