New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-02-21
BONDS
r4r DAYS OPERATIONS IN STOCKS

Decided progress toward higher marker
level was made In almost every s'o0N vi ~
lisf In Yesterdays transactions. Inc Puo''
I'm The market and so were the sunS'a''"' OP0
tors. who apparently find pleasure IN hdi "'''
The traders who. i'm defiance or recent eNp''
,nce and sound advice from men VINO N"""
ra.re than hey know continue TO sell me Hl@i
kct short The bears were punisheo ." SAUL
A., 10 American Tobacco while yesterday they
r. eived a mild drubbing in sugar NeiN''e'
ponies Gas. Manhattan. Atchson preferred
ara wherever else they had lines OUTSTANDING
Short covering. public buying and active work
bv prominen, bulls caused strength ana nuoS
a,cy throughout the day and permitted marked
net gains as compared with Saturday closing
IN many Of the more important active issues
Total Gales were above one million shares
Tammanv's efforts 10 get justice for the peo-
nile from the trusts and corporations 90 not
nror,ise rich results FOR the Tammahy III
vestors" who are selling corporation s'"0NS
short out in Illinois the same virtuous at
tempts 10 get jus CO for the people are oelhe
made against the Peoples Gas Company ou'
The urice Of the stock stubhornly refuses 10 ue
cline and ii is not unlikely that II VIII sell a'
125 before IL goes materially lower wall street
is the home Of some very able men IL WILL
therefore be wise for Tammany in It's campaign
against monopolies. and, incidentally values 10
selact those generations IN which the most able
men in Wall Street not represented. Per
hans II Tammany knew that two Of the power
full banking houses in the Street were acuVey
interested in providing future" for the Man
haitian company It would postpone its attacks
unon the property or transfer its short account
~ more vulnerable institution. Manhattan
advanced points yesterday on buying oy
banking interests, and Peoples Gas MADE
maximum gain of over = points on the same
character Of buying, while American Tobacco a
racan. favorite of the bears added Il points
more 10 its price making net gain since Thurs
day Of 80 points.
Renewed activity in Atchison preferred, which
gained 27s points on the best kind OF buying
attracted attention 10 the actual merit or the
stock and the company's prospects Tor IN
creased dividends The December statement.
which will be issued this week will. 1t is be
uevea. make the best December exhibit in the
history of the road Atchison preferred at its
present price is not dear. and the fact that 1t
has been bought by some Of the more important
interests in the Street to hold for a figure well
above its current quotation reflects the high
esteem IN which il is held by people who are
well nosted on railway stocks and bonds And
Of the prospective dividend payers United States
Rubber common is not dear The company has
entoyed a wonderfully good business in the last
year and In April the common stock VIII, II is
understood he placed upon regular per cent
basis There were sharp advances in the Union
Pacific issues Missouri Pacific Kansas and
Texas preferred. Metropolitan Street Railway
Brooklyn Rapid Transit. Texas and Pacihc.
panhandle" and some Of the specialtes Buy
Ing Of Panhandle" good. and the Street
was bullish on the stock. owing to the general
belief that the minority stockholders VIII win
their point in regard to dividend distribution
The stocks that were chosen as speculative
leaders attracted heavy buying at their highest
level and at the close sentiment was favorable
10 further advances in the rest Of the week. Big
fluctuations are probable, and big margins
should be provided.