The San Francisco call., 1898-08-17
EASTERN MARKETS.
NEW YORK STOCK MARKET.

NEW YORK, Aug. 16.-There was a still fur ther advance in the price of stocks all along the line to-day. and a still further increase In the number of shares sold during the day. The number of different stocks traded In was also larger, reiecting the broadening interest in the market Buying orders from outside sources placed with commission houses more extensively to-day than on any day since the movement began. AS the case yester day this outside demand was taken advantage or to realize profits by the combination oi large speculative interests which Is all the time op- eratng enormous scale, shifting its ac- tIvities from stock group of stocks to another. The Changers showed the effect of realizing to-day and did not rise materially above yesterdays closing price at any time. So large were the offerings of these stocks dur ing the first hour of trading that the heavy outside demand proved insufficient to absorb them. and sharp decline was the result Bur lington dropped over point. Offerings on large scale theTeupon withheld, and the group maintained firm tone at lower level except at intervals of profit taking. The bears endeavored to take advantage of this move ment by an onslaught upon Manhattan and persistent weakness of these two stocks would make them vulnerable in breaking prices. But the bulls at the same time lifted the Northern Pacific stocks a point each at the opening. and marked up Rubber preferred A. points. The outside demand for stocks all through the list active and varied to lend ample support for continued profit taAing by the bull clique. The bears were soon routed and Man shattan and Sugar moved upward along with the general list. Northern Pacific and the Union Pacific stocks sagged at intervals. but the former returned persistently to the open ing high level. An incident of the day was notice on the tape of the loss of 1000 shares of Union Pacific preferred in the name of Will liam Rockefeller. Southern railroads and some of the Western roads showed notable strength and there also marked activity and strength in a long list Of industrlals- The close firm and active.
 The demand for securities has apparently been largely diverted to the stock market. and bonds were comparatively dull to-day, but prices were very well held. Total sales. 8, 575 : 0O0 United States threes when issued were 1sc lower bid. Government bonds were otherwise unchanged.
 Total sales of stocks to-day were 7o6, 900 shares including 3295 Atchison: Is 625 do pre- fsrred; 11.15o c. and O.; 1899 Burlington; Il, preferred: 1,15O L. and N; 23.3co Manhattan; f420 Missouri Pacific: 34o0 M. K. and T. pre- ferred; HIPPO Northern Pacific; 39, 750 do pre- ferred; 46l5 Ontario and Western; ,22O Rock Island; 3725 St. Louis and San Francisco sec ond preferred; 1592O Union Pacific; S3.12O St. Paul; 4495 St. Paul and Omaha 3200 Southern; = 40 do preferred; S320 Texas and Pacific; 15 s2o Union Pacific preferred 47Oo Cotton oil; 3300 Spirits 21.320 Tobacco; 6115 Chicago Great Western: 59.070 Peonle's Gas: 15. 050 Lead 327S Pacific Mail; 16.520 Sugar; 26.3 320 T. c. and L. 3o4o Leather preferred: 12.850 Rubber; 6267 do preferred; 11,1S0 Western Union.