The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1899-02-03
EASTERN MARKETS.
NEW YORK STOCK MARKET.

NEW YORK, Feb. 2.-Prices made fraction
al net declines on the stock exchange to-day,
with dealings in about 800 900 shares Influ-
enced by London quotations and the reductions
in the Bank Of England's rate of discount.
stocks opened strong, with advances Of about
half point in the active list There was
disposition both here and abroad toward In
creased interests in low priced shares Pur-
ckascs for Lcudon account on balance reached
about D. ono Ghares, but 1t was estimated that
about 600 shares of stock shipped from Lon
don would reach New York this week AdvIces
indicating that the ratification of the peace
treaty was likely had some influence IN spec
I!atlve sentiment, and prices continued to rise
most Of the forenoon. Chesapeake and Ohio
International Silver, Louisville and Nashville
and Denver and Rio Grande moved up smartly
There was a sympathetic advar7e among the
high priced stocks, but it was of only mod
crate proportions Central Pacific, Southern
Pacific, Atchison preferred, Tennessee Coal and
Iron, c. c. c. and st. Louis and Norfolk and
Western preferred were strong. Periodc Of
strength were displayed by Manhattan Brook
lyn Transit and Sugar. In the afternoon the
buying demand slackened and the apparen. in
clinations of commission house customers to
take profits induced traders to offer stocks
downward which in turn brought about some
liquidation of weak holdings. There were sharp
recessons in number Of specialties including
Peoples Gas. Sugar, Tobacco. Twin City, Rapid
Transit, Metropolitan Traction and Consolidat-
in measure attributed to measures introduced
in the New York Legislature for the reduction
in the price of gas. The Changers and a num-
Der of other stocks receded a point and over
from the best. The selling for time was on
moderate dealings but before the movement
was over the volume increased considerably
and prices got well below yesterdays closing
In the late dealings there were slight rallies
led by Sugar, and the market closed firm The
announcement that the proposed issuance OF
Manhattan stocks for electrical equipment had
been underwritten benefited Manhattan in the
early dealings. but it failed to hold the ad-
vance.
The bond market showed more stability than
stocks, the undertone being one of undoubted
strength In the final operations however,
profit taking in the active issues impaired an
Irregular close. Total sales, a. 500, COO
Government bonds were unchanged in bid
prices
Total sales of stocks to-day were ITO 900
shares, including Il 02O Atchison S. 500 do pre-
ferred. 1900 Central Pacific, CO. $50 Chesapeake
and Ohio, %, 40 Burlington 10, 500 c. c. c. and
st. Louis, II, $50 Denver and Rio Grande 10 S25
do preferred, IA. $50 Louisville and Nashville
o. $50 Manhattan, 1000 Metropolitan S4O0 Mis-
souri, Pacific, $500 NJ X. and T. preferred 49, $50
Northern Pacific. 1926 do preferred. 5000 Ontario
and Western, 1855 Rock Island, 1870 ST. Louis
and San Francisco second preferred, IA, $50 Union
Pacific, 19 $50 do preferred, 1875 ST. Paul 49, $50
Sos Texas and Pacific 4sO0 Paper 49, $50 Tobac-
CO. $40 Steel 10 AS Steel preferred, 1920 Peo-
pies Gas. 41s0 Consolidated Gas, .040 General
Electric % 455 Brooklyn Transit, 1000 Pacific
Mail. 49, 50 Sugar 1850 Leather preferred, $3.50
Rubber 1887 st. Louis and Southwestern pre-
ferred, II, 500 Chicago and Great Western.
The directors Of the Chicago, Burlington and