The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1899-02-17
EASTERN MARKETS.
NEW YORK STOCK MARKET.

NEW YORK, Feb. 16.-Practically all the
prominent stocks advanced to-day. with gains
in many cases material and trading left of
with the tone strong and prices at the best.
, Traders from time to time sought to bring
about a reaction, but were dislodged from one
position after another and the movement be-
came general. In fact the active stocks of
IMPORTANCE that were exceptions to the rule
were Tobacco and Northern Pacific the former
suffering loss Of 81 on the prospect of in
creased competition and the latter with a de-
second week in February, which decrease was
said 20 be due to storms: London bears re-
Eersed their policies Northern Pacific and
bought more than they sold of 1t and other
stocks. Burlington, which was ex-dividend to-
volume of trading approximating 200 600 shares
Tie buying of this stock was largely by
was stimulated by the statement of a profni-
: hent operator that he had purchased largely
announced in a few days The influence of
'BurlingtOn's strength permeated The whole list,
grangers, which were benefited TO the extent of
q: point and over Union Pacific was. lifted
point while Central Pacific advanced per
cent on the report that agreement had been
-: States: Metropolitan Street Railway and
Third Avenue were very strong. rising AIS and
: 8: respectively. Federal Steel was in the van
of the Flower stocks in the rise which began.
as the day drew 70 a close. The common ad-
the eoalers Reading first preferred and Jersey
Central rose IL each. International Paper and
Sugar advanced over points each. New York
Central and Northwest among the Vanderbilts
were benefited about point in the rise, while
:. c. G. c. and St Louis left off with a gain
Of is. The traders thought that the fractional
: advance in London before the opening had
been manipulated from this side. They sold
freely on the idea that the effects of the storm
would result in lower prices at the East tenn
VOrarfly. Subsequently they covered from time
10 time pronounced strength appeared in
the various stocks. In the final dealings some
stocks were taken in expectation that the
. days advance would bring the public into the
market in day two. :.
: The excess of exports over imports for Janu-
sry approximatinG S57. 000. 000. was something
Of q sustaining factor. inasmuch 1t was
taken. to. be an easy means of settling for the
large sales of American stocks for foreign ao-
count in the past three weeks. The healthfui
tone in stock speculation received considerable
backing from the confident purchases In the
bond market. Central Georgia .consols and
Wisconsin Central firsts led in point of activ-
ity and strength. and important gains were
also chronicled elsewhere. Total sales, So. 900,-
and the fves declined Il in the bid price.
The total sales of stocks to-day were ST.
400 shares, including: Atchison. 5175; do pre-
ferred, 26,320; Central Pacific. 80 9S5: Burling-
ton, l98,920; Manhattan. 90o0 Metropolitan
u,900; Reading, 1870; Missouri Pacific 41S0;
New York Central. q, 200; Northern Pacific
1880; do preferred. 1880; Ontario and West
ern 10. 400; Pittsburg, $4,000; Union Pacific,
$500 St Paul, q 920; Southern Pacific 49, 400:
1920; Paper, 1850; Tobacco. 90 800; Federal Steel
e 1000; do preferred, 1880; Peoples Gas, $500;
Consolidated Gas, $3.50; Brooklyn Transit 321O;
Sugar, p, l50; Rubber 1880.