The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1899-04-04
EASTERN MARKETS.
NEW YORK STOCK MARKET.

NEW YORK, April 3-The usual accumu-
lation over Sunday Of buy at the market or
ders caused buOyant opening in many stocks
Tho dealings were on a tremendous scale. par
tculary in the morning, and the total trans
actions We're over a million and a quarter
shares The most sensational advances were
among the specialties. many of which main
tanned gains TO the close, although the rail-
ways eased of. The legal rate. 6 per cent,
was the prevailing ngure for call money on
good collateral but the range for the day was
from TO s. with the closing at the lower fig
ure. Although the London market was closed
because Of the Easter holidays. arbitrage
brokers put out some lines of stock in the ex-
pectaton of getting them back cheaper in
London tomorrow. The market throughout
was highly speculative, with rapid advances
and declines. Manhattan on tremendous deal
ings maintained advance of ; points. The
stock was apparently controlled by pool oper-
atoms, supports being extending on declines
ana Ingch realizing appearing at the high fig
ures. Federal steel on transactions second
only 70 those OF Manhattan, sold early at the
highest figures yet reached and then receded
Sharply leaving a net loss OF ~. The pre-
ferred advanced about much. American
Steel was pushed up three points. Missouri Pa
cine, on trading OF over 100, 900 shares, ad-
vanced three points on buying by a pool sup
posed to include some of the Insiders Kansas
and Texas preferred at the same time was
marked W over a point
The announcement of the privilege TO sub
scribe for new stock in Brooklyn Transit to-
gether with an erroneous report of a cash dfyi-
dend declaration, caused the stock 10 sell up
70 l36, but IL receded sharply, leaving a net
decline of over two points at the close. The
trading IN some half dozen specialties nearly
equaled the dealings IN all the rest Of the list
The most conspicuous advances We're: Third
Avenue g. North American 5a4, International
Paper ~. Tin Plate a., Tennessee Coal AZ.
and Sugar 2. Pacific Mail, Delaware and
LackaWanna, Mexican Central and Western
Union We're spots of strength Burlington
Pennsylvania, New York Central and North
eTn Pacific suffered declines of a point and
over. Kansas city Pittsburg and Gulf and
Metropolitan were weak.
The closing Of the general market was weak
1t developed after the close OF business that a
deal had been effected between Manhattan and
Third avenue railway companies.
Considerable irregularity prevailed in to-
day bond market with the more prominent
issues saggng Total sales. 1885, 400 United
States fives advanced 4, but the threes lost
Is in the bid price.
The total sales OF stocks to-day were 1 272 .
zoo shares, Including: Atchison. $40; Atchison
preferred. 6o.2@5, Central Pacific. 1890, Bur
lington. T.llo; Manhattan, 1876 95l; Metropoli-
tan, 1910; Mexican Central $780, Missouri Pa
cifc u3,2S5; NJ, X. and 7. preferred 14,475;
New York Central. 1920; North American,
p, 12O; Northern Pacific. %, 1SS, Northern Pa
cifc preferred, 1888; Rock Island. 10,012 Union
Pacific, lZ.2lO; Rock Island preferred, Il. 80:
St Paul. SIS; Southern Pacific. 800: Texas
and Pacific, 400. American Steel and Wire
IS. 800; Paper. p 2l5; Peoples Gas 30 295: Colo
rado Fuel and Iron. 1850; Brooklyn Transit
62245; Continental Tobacco Company. IS 705:
Pacific Mail. 10 49,; Sugar. a. 145: Tennessee
Coal and Iron. %, 700; Leather preferred. $3.50:
Rubber 1920 Western Union. Il 100. ST. Louis
and Southwestern preferred, Is $50, Chicago
Great Western. l.145.