The times. [volume] (Richmond, Va.) 1890-1903, 1899-04-04
STOCKS GO UP
WITH A RUSH.
Sunday Accommodations Cause a Bouy-
ant Opening in Many.
DEALINGS ON A LARGE SCALE.
Transactions Covered over "a Million
and a Quarter Shares The Bnll<
fthc Dealings Were in Half
a Dozen S~pccialtics.

NEW YORK. April 2.-The usual accu-
mutation over sunday OF "buy-at-the-
market orders caused a buoyant OPEN
Ing IN many stocks. Tho dealings were
on a tremendous scale. particularly In tho
morning. and the transactions were over
a million and "a quarter shares. The most
sensational advances were among inc
tpecialt.cs. many OF which maintained
gains 90 the close. although the rise eased
on. The legal rate. e per cent. was the
prevailing figure for call money ON good
collateral. bat the range for the day was
from % 90 =. with the closing az the lower
figure. although the LOndon market was
closed because of the Easter holiday.
ArhitraEe brokers put out some lines or
stock ln the expectation of getting thcm
back cheaper iu london tomorrow. The
market throughout was highly fpccula~
tive. with rapid advances and declines.
Manhattan ON tremendous dealings MAIN
tanned an advance of . points. The stock
was apparently controlled by pool opera
lions. support being extended ON Declines
and much realizing appearing az the hlsh
figures. Federal Steel on transactions
second only Co Manhattan sold easy at
the highest figures yet reached, ana thcn
rccolcd sharply. leaving a net loss OF lll.
The preferred advanced about as much.
American steel WAS pushed upH points.
Missouri Pacific. ON trading OF over l'N-
90 shares. advanced % points ON buying
hv a pool supposed 10 include some of the
insiders. Kansas and Texas preferred az
the same time was marked zap over "a
point. The announcement Of tho privilege
20 subscribe for new stock in brooklyn
Transit. together with an enormous re-
port of 60 cash dividend declaration,
caused the stock 90 sell mp 10 1876. bat %
rocsdcd sharply. leaving a net decline OF
over 2 points 40 the close. The trading
in some half dozen spccialtics nearly
elualied the dealings in all the rest OF the
list. The most conspicuous ADVANCE Ws&e
Third-Avcuue. .. North American. Jai;
international Paper. jh. Tin Plate. 4's;
Tennessee Coal. a.. and Sugar. . Pacihc
Mail, Delaware and Lackawanna, McNi-
can Central and Western Union were
sp.ts OF strength. crop advices were as
sighed as the reason for realizing IN the
standard western railroad stocks Bur
ingtOn. Pennsylvania. New York Central
aud Northern Pacihcs suffered declines
Of n point and over. Kansas City l1tls-
burg ad Gulf. and metropolitan were
weak. The closing of the general market
was weak. II developed after the close OF
business that "a deal had been effected be-
tween Manhattan and Inird-Avenue rail-
way companies.
Considerable irregularity prevailed in
to-day's bond market. Total sales. Sa4S,-
40. United States 5s advanced "a, but
the 3s lost * in ne bid price.
The total sales OF stocks were 1.2IZ. 700
shares. including CO.'S AtGhisQn pre-
ferred. 17.11o Chicago. Burlington and
Quincy. GOj5 Delaware and Hudson;
1880 Louisville and Nashville; lGotol
Manhattan; 500 Mexican Central $500
Reading first preferred; 1l3 50 Missouri
Pacific: 1910 Missouri. Kansas and Texas
preferred. pro North American Com
ganv. 2312g Northern Pacific. 1923 New
york Central. 1901 RoH"k Island 12@l9
farred. 14SgS st. Paul. $40 southern
railway preferred: -. go American Steel
and Wire. 22.I1j international Paper;
1880 Federal Steel. 1910 do. preferred.
IA. gi5 Peoples Gas. t2.2,H BROOKLYN Rapid
Transit. 1S.7OJ Continental Tobacco TO-
40 Pacific Mail. a. 40 Sugar: 800 Ten
pessee Coal and Ir-n. $3.50 Leather pre-
forred; 1870 Western Union, l@l9O
Sd. Louis and Southwestern; 11,ljO Chi
C4go Great Western.
MONEY AND ENCHANGE-Aioney on
call firm az JuS per cent; last loan at >
per cent. Prime mercantile paper, 81. u4i4
per cent. Sterling exchange steady. with
actual business in bankers bills at Sf.S6is
M4Sp2 for demand and at N~.btlfn4Sil2
Tor sixty days. posted rates, A.NJu4.N'i2
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