The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1899-02-21
EASTERN MARKETS.
NEW YORK STOCK MARKET.

NEW YORK. Feb. 20.-The active stock spe-
tcialties generally made large advances to-day.
while the railways gained from one TO three
p0ints. A strong tone prevailed practically all
day; with the strength radiatlng from one
group of stocks to another. The movement
started in the Changers and standard stocks
and next the Pacific advanced Interest then
switched into the Flower group and the South
westerns successfully and then into the indus
trials; with sugar and tobacco leading the rise
Central and Southern Pacific were weak IN
@ the forenoon prior TO the publication Of the
REORGANIZATION plan of the former road, and
subsequently rallied but feebly London op-
ened slightly below parity and on the rise
here sold above IS, 600 shares and subsequently,
reached about S. 600 shares Among the
Changers. ST. Paul made an extreme gain OF
152, being sold by London and purchased by
MesteTn houses Burlington rose point and
then dropped "a, closing about the lowest.
Inc news that the syndicate had secured a
majority o. the chicago and Alton stock bene-
fitted the Southwestern group, Including 1Iaxas
Pacific. Missouri Pacific and Kansas and Texas
preferred over points each. Union Pacific
followed with a rise of over "a point. Atchison
preferred was about the strongest stock among
the railways, making an extreme rise OF 3I4
on favorable forecasts OF earnings. Metropoli-
tan made an extreme advance OF 5A Brooklyn
Transit 37g and Manhattan go Tobacco UJas
a sensational feature among the industriaIs
conflicting rurnors, all lacking confirn,ation'
were disseminated concerning the continued
rise in Tobacco. There are In the street
who appear to believe that a movement
formed on the breaking up of the pool in the
stock some time ago. and another short inter
est more recently formed in expectation of a
violent trade war to follow the organization
of the Union Tobacco Company. Sugar be-
came active again and rose 81. points to 14O11
the top price recorded for the day This move
was in spite OF rival company making a cut
in their price of the refined article.
III the final hour realzations appeared in
many stocks, which caused some decline of
note but the general market displayed q rally
ing tendency at the end.
The bond market shared in a general show
of strength to-day, but the rises were gen.
tfvity was noted in the semi-speculative grades
Total sales, s., 800 900.
Government bonds were unchanged in the bid
quotations
Total sales Of stocks to-day were l. 15S 400
shares. including 40 2S0 Atchison l44 22O Atchi-
SON preferred, ~, $50 Central Pacific, $3.50 c. &
o. 49, 500 Burlington, 1925 Illinois Central % so
Louisville x Nashville, AZ $50 Manhattan 49, 1876
Metropolitan, 1900 Reading preferred. 36IiO
Missouri Pacific. 1872 NJ h. * T.. % 695 do
preferred, 1850 New York Central To- 22O North
.ern Pacific. 547J do preferred 80 $50 Rock ISL
A. $50 Union Pacific, IA. 800 do preferred &C. 500
1910 Southern preferred, %, $40 Texas and Pa
do. preferred, 81, 020 Peoples Gas 32I5 Console
dated Gas IS. O20 Brooklyn Transit 1908 Pacific
Mail 90. 800 Sugar $3.50 Tennessee Coal and
St:.Louls and Southwestern.