The age-herald., 1899-03-29
STOCK MARKET ,: ,: 5: SHOWED STRENGTH Total Dealings Were Over a,Mil-
 lion Shares. THE EFFECT OF REALIZING Was Not Felt Until Near the Close, When the Tone Was Easy-The
 Bond Market Moved
 Strongly.
THE EFFECT OF REALIZING

New York, March 2S.-Strength prevailed nearly all day in the stock market, with total dealings of over million shares.
 The effect of extensive realizing was not felt until near the close, when the tone was easy, but the recessions still left material advances in many stocks. London, after some early purchases, sold freely on the advance here, but the stock was well ta- ken.
 Sterling exchange was strong and time money easier. Call money which had touched per cent, was loaned at the close at Az. An incident bringing forth favora- ble comment was the weeks increase of over a million in exports of merchandise Practically the only laggards in the list were the Morgan stocks, including the coalers. Louisville, Atchison preferred and Manhattan. The latter was weak on threatened increased competition by the underground road which the Metropolitan company offered to construct. Metropoli- tan jumped to 2.69 at the opening on the assumption that it would profit by an un- derground railroad, being thus relieved of the long haul on it's surface cars.
 The stock later lost 2 points of it's ad- vance. The conspicuous strength of North west, which made a net advance of 7A af- ter an extreme advance of points more, had good effect on other railways, par tculary the Vanderbilts and Paciics, Omaha rising points.
 The decrease of February surplus earn inss for Burlington had a monentary de- pressing effect on the stock, but it closed at about the best. Sugar. on comparative ly moderate dealings, rose 71s, retaining more than half of it's advance. Tobacco stocks were sharply advanced in anticipa- tion of the increased capitalization of the American Tobacco company at the stock holders meeting today. Brooklyn Transit advanced points and Consolidated Gas 4, while American Tin Plate and Peoples Gas also showed strength. One reason ias- signed for the strength in number of the standard railways was the reinvestment of money received by the sale of Chicago and Alton stock to the purchasing syndicate. The advance in Northwest, Union Pacific, New York Central, coupled in some quar- ters with expressions of confidence that the roads would be amalgamated, although this story recently met emphatic denials from the Vanderbilt interest
 The bond market moved strongly upward today in sympathy with the stock markets.
 Total sales, $4 ,430000. fr
 Total sales of stocks today, 1,0SS,2 200 shares, including 46,990 Atchison preferred; 312O Burlington; 21,525 Manhattan; 4aSO Reading first preferred: 16,925 New York central: i,33o ROCK lSlanu. zo,ou ol. rdu , 5000 Southern preferred; D,472. Sugar. IL : S10 T. c. & I. s-
 Money on call firm at 406 per cent. last loan, AZ per cent. Prime mercantile pa- per, 314m4H per cent. Sterling. exchange strong, actual business in bankers bills at 4S614@p4 .S6ia for demand, and 4.S4Gt4 .S4h for sixty days; posted rates, 4.S31a@4.S5 and 4.S612@4.S7; commercial bills, 4.S312. Silver certificates nominally 60@60hc; bar silver, 59lAc; Mexican dollars, 47Ac.
 Government bonds strong; state bonds strong; railroad bonds strong.
 (By Private Wire to Paine Murphy & Col