The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1899-02-25
EASTERN MARKETS.
NEW YORK STOCK MARKET.

NEW YORK, Feb. A.-Stock quotations to-
day were decidedly irregular, and the move
ment was in some respects a counterpart OF
yesterday. Prices opened favorably for the bulls
IN a number of stocks, the industrials and the
specialties being prominent Subsequently
values moved alternately down and up, and
leaving net changes mixed with losses averag
ing point in prominent railways, accompanied
by sensational advances among the specialties.
The dispatch from the American naval COM
ence Of a battleship for political reasons was
considered possible of an unfavorable inter
probation, but the rout of a body of Filipinos
by the American army in measure Offset the
adyices. London, after some frnness, was a
generally fractionally higher in the early
dealings, while the advance in burlington, To-
DoSSo anu tAAo StSSl o'ONnS S0'S - No-iy
pearance OF strength The smart recoveries
from yesterdays close failed to hold in the
case of the railways. Realizings in St Paul on
Its favorable showing for the third week In
February left It below yesterday, and Burlfng
ton lost its early advance and declined further,
ending with loss Of Il on the reported aban-
Comment of a general refunding plan There
was considerable professional selling, as well
as some realizings and stop-loss orders were
reached. Traders were induced to sell on the
idea that there would be another substantial
decrease in the bank reserves tomorrow. The
market displayed feYerishneSS 8 the contend
ing interests succeeded in either lifting de-
pressing prices, and then dealing contracted.
the afternoons trading. Tobacco made max
imum rise of six points the rumor that
large operator was short and refused to cover
ana the circulation OF stories as to the COM
panys earning power. Subsequently the price
off and closed with a net gain of ~
There were some very violent advances among
the local specialties, the extreme rise in the
case OF Third Avenue being IA. Consolidated
Gas 1212 Brooklyn Union Gas 81 and points
in Metropolitan. The advance in the gas stocks
was on the expectation of securing the passage
of the law allowing the convenient manufac-
ture of gas in contiguous territory which would
permit the disposal of valuable real estate
the discovery OF an unsupported short interest
existing. The highly favorable condition re-
ported in the iron and steel Industries and in
tinations that the relations of the leading in
terests would be closer led to an extreme ad-
vance of 512 in American Steel, with which
Federal Steel sympathized TO the extent Of 3%
its extreme rise. American Tin and New York
Air Brake rose points at jump. Sugar was
somewhat weak at one time on the continuance
OF dividend rumors, and International Paper
shares receded on realizing following the decIa-
ration of dividends of IL on the preferred and
i On the common. The selling of the active list
began with heavy realizing in Burlington and
Sugar.
The feature of to-day's bond trading was the
active inquiry for San Antonio and Arkansas
Pass Is, which improved points The general
market very irregular, weakness and
strength developing in many issues. Total
sales, s., 900, 600
Government bonds were unchanged in bid
price.
shares. including 1920 Atchison: 81 800 do pre-
ferred: IA, $50 Central Pacific, IS 220 Burlington
300 Denver and Rio Grande preferred; IL no
Manhattan; $50 Metropolitan; go 720 Reading;
1870 Missouri Pacific; 1850 NJ X and r pre-,
ferred $500 Northern Pacific; % $50 Ontario ana
Western: $50 Rock Island; 1880 Union Pa
cifc; 102s0 do preferred; 80, 920 st. Paul; 1850
Southern Pacific; 1860 Texas and Pacific: 23n0
Paper So 120 Tobacco; 46, 70G Steel: 9S40 Steel
preferred; $500 People, Gas; q. 500 Consolidated
1880 Sugar; II. 070 Tennessee Coal and Iron
4O0SO Leather preferred; 6279 Rubber.