The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1899-03-26
EASTERN MARKETS.
NEW YORK STOCK MARKET

NEW YORK. March 25.-Stocks were very
strong to-day and with the transactions of over
half million shares in the two hours session
material gains were quite general and quota
lions closed at about the best. Expectation that
the bank statement would be favorable was an
early incentive for purchases and when it
appeared. although showing an increase OF
about s., 500 900 in the discount, the decrease
only $500, 900 in the surplus reserve received a
favorable Interpretation aud most stocks con-
tinued their progress upward. The frmness for
American securities in London in anticipation
Of the fortnightly settlement the temperance
of large factors in the market less apprehen-
sion to the monetary situation and the
hearness Of the close of certain State Legis-
latures were all assigned reasons for conf
dence in market operations. The announcement
of the formal transfer Of the Brooklyn Union
Elevated to the Brooklyn Rapid Transit Com
panys stock was made, and rose AZ points on
large dealings.
There jump of points In Long Island
Railroad, which is understood to have work
ing arrangement Of the Brooklyn Rapid Tran
sit. There sympathetic advances with
Transit IN other local transportation shares,
Metropolitan figuring for 31, Third Avenue
and Manhattan fraction. Among the indus
trials Continental Tobacco preferred got up 2h,
Gas and Consolidated Gas e. Among the
Yanderbilts there were advances Of III IN New
6orh Gentr IRA ana &c TOT Csnadian Central.
ferred. Southern Railway preferred and st.
Louis and San Francisco. Although most loans
day the fact that call rates ruled to-day at
pea ceilS was aaSortDIy coiiii t. upon ana
OF the stock dealt in on the Exchange advanced
this week. The dealings. which about
half q million larger than the week previous,
were mostly influenced by the monetary situa-
tion and the Interest attached to the bank
statement was largely to whether II fore
oasted easier or tighter money. Judging from
appearance spectators seemed TO incline to the
view that for the present call money would
y
was reached on Monday. Subsequently the
rate gradually eased of and closed at 4 per
cent. only slightly above the lowest figure.
prevailing through the week exchange ruled
firm. showing that imports of gold were n
The vanderbilts were strong New York Cen
points. Atchison preferred and Union Pacific
preferred were bettered to the extent of about
J. Among the specialties there were Irregular
ties. Brooklyn Transit, on fresh acquisitions OF
contiguous lines. rose II points.
The transactions in Brooklyn Transit were
activity aud interest in this stock was spread
over nenrly the whole week. Sugar was second
in activity. nearly half million shares being
Dart Of the week. 200, COO Changing hands on
Monday at the highest quotation in the stock
history: 1872 was reached. The stock huctuated
wildly down and up, 154 being the lowest, and
closing with net loss OF IL points.
The weeks bond market showed generally
healthy tone, with notable improvements in
many securities
United states new fours regular advanced u.
do coupon q the hges, the threes and the old
tours coupon n, and do regular a in the bid
price.
shares including: Atchison 35S9, Atchison pre-
ferred IS 1885, Burlington q, 4S5. L. and N. 1850,
Manhattan 1870. METROPOLITAN 1903. Missouri
PACING 3iO0 Northern Pacific 577o st. Paul TO-
707 Southern Pacific $3.50. Southern preferred
LISP Tn Tid Pa add e6ers Steel F5rs
Steel preferred 1850. Consolidated Gas 1890.
Brooklyn Transit lls; ego. Sugar e7s5 H. Tennessee
Coal and Iron 1900. Chicago Gas 1900.
CLOSING STOCKS.