The age-herald. [volume] (Birmingham, Ala.) 1897-1902, 1899-04-12
STOCK PRICES
ALL ADVANCED
Good Report on Wheat an Ally
10 Higher Prices.
BULL CoNFlDENCERREVAILED
Things Ran Easy on Account of Presi-
dents Proclamation That We
Were At Peace With Spain
London Market Quiet.

New York, April 11.-Bullish confidence
prevailed in Influencing stock prices today,
which advanced almost continuously, slight
setbaeks regularly bringing new buyers.
The 6RM dealings were in large volume,
bringing the total to nearly three-quarters
of million shares. There was continuous
by optimistic utterances.
Potent allies OF higher prices were the
showing of the government crop report on
winter wheat. which was better than ex-
pected, spring weather in the west, abund-
ance of money at easier rates and Washing
ton advices that a sudden call on the de-
pository banks for the funds to pay the
Spanish indemnity was not contemplated,
but that the government funds would be a
general decrease as hitherto.
A sentimental influence was taken owing
to the presidential proclamation that we
are at peace with Spain, and things ran
easily.
Vanderbilt issues continued in active re-
quest. Local transportation shares, ex-
cepting Metropolitan, were strong, Brook
Ign Transit making an extreme gain Of al
most points The Flower specialtes were
likewise heavily purchased, Peoples Gas
moving up over points. Continental To-
bacco's rise OF CTS was IN part associated
with todays meeting relative to new
stock issue.
The southwestern group was active and
strong as We're the iron and steel shares.
In fact before the day was ended practical
ly everything was higher the larger gains
being among the specialties. Commission
house purchases increased with the
strength of the market. London was but Il
small factor, selling about half much as
it purchased
Call money began with large loans at G
per cent, and gradually eased off at EOS
cents. The ease of money was reflected in
an appearance of more strength in the
sterling exchange market part of which
was possibly due to anticipatory purchases
in connection with payment OF the Spanish
indemnity :
Several foreign exchange authorities
claimed to have noted no such buying
hitherto, which leads to the belief that the
settlement was due.
The bond market followed stocks, but to
only a narrow extent. Total sales, $685.
000. United States SIS and the old As cou-
pom advanced Z in the bid price.
The total sales of stocks today were I'll
905 shares, including 5000 Steel and Wire
10000 Sugar; 5000 Tobacco; 5000 Tin Plate;
$500 Atchison; $1,000 do preferred; 68,fcO
Brooklyn Transit; 1890 Burlington; LOO
c. G. W.; $500 C. C. c. & SIT. L.; ll,4g
Cont Tobacco; 6.500 do preferred; 21,9o0
Federal Steel; S,109 do preferred; AGO Gen
era Electric. now; 5000 international
Paper; 5000 Kansas and Texas preferred;
AGO Louisville and Nashville; 4,SOO Metro
politan; 5,i00 Mexican Central; 81 200 MIS-
souri, Pacific; $500 National Steel; 22,lOO
New York Central; $500 Northern Pacific;
800 Northwest 600 Ontario and western;
$500 Pacific Mail; 300 Pennsylvania 23o9O
Topples Cas- % 800 Reading first prefer
red; 1900 do second preferred; 1880 Rock
Island As, 100 ST. L. s. W.; 1920 ST. Paul;
500 Southern Pacific; 74QO Il. c. & l.; l9,200
Union Pacific; 10100 do preferred; 500 U.
S. Leather preferred.
Money on call easier at 2d6 per cent; last
lean at 2
Prime mercantile paper, 3k@4& per cent
Sterling exchange strong, with actual
business in bankers bills at $4.S6m4.S6h for
demand and at $4.SS%d4.S4 for sixty days
Posted rates, stSiA@iS5 and $i.S7QAS7h.
Commercial bills, $4.S21aG14.SS
Silver certificates, G04G0h
Bar silver, 595s.
Mexican dollars, Az II
Government bonds, hrmer.
State bonds, weak.
Railroad bonds, firm.
(Ry Private Wire to Paine Murphy & Coz