The times. [volume] (Richmond, Va.) 1890-1903, 1899-03-28
GENERAL RISE
IN STOCK MARKET.
The Recent Steady Advance Has
Aroused Outside Interest.
SOME NOTABLE ADVANCES MADE
Tobacco Conspicuous Among the Spc'
ciaItics Bonds a. Usual, Followed
Suit with an Aggressive show
OF Strength.
SOME NOTABLE ADVANCES MADE

NEW YORK. March 27.-NcarW on
stocks made advances to-day anu epiHo
OF Thorn were OF material U"t"t u"it'
Various reasons might Doe assigned TOT inc
rno,crnert in individual stocks. but the
principai motive for the general rise appa-
rentv was that the steady advance OH
prices OF late had agoin aroused inc ou'-
side ufhiic tp huV. The dealings rehche4
ucarlv one and quarter million shares.
Aggressive bull manipulation ny the lcau-
CTS of speculation had seemingly caused
the public 90 cease wanting lot an Iiillll.
diafc oucuuE to- secure stocks az a lower
level The market opened under an im-
pctns OF higher quotations from LONDON,
and though largo realizing, coulHu'i
pretty steadily until near the cio-e' MHDn
tho rate for call money rfAchtd . Itl
cent leaving the range for the daN from
90 g per cent. with the last loan nj
per cont .,
records for stocks were made To-Day.
Tho strength displayed on Saturday
brought Cd large number or couWiSs loh-
house orders to purchase stock. hla
caused o. pronounced rise no the openihs.
and induced the elimination OF many
short contracts. The principal ACTIVITY
was the flower stocks. there uelnS, lot ll-
stance. 5000 shares of Federal Steel sold
at tho opening over range of Z points,
and tho stock made % net advance OF US
ON reports that The earnings We're large
BROOKLYN Transit rose % points on rumofs
that tho Brooklyn Union Elevated was
said 90 have had 0no-half million dollars
in cash when taken into control uy tho
Transit Company. The continued talk OF
negotiation Tor combination OF the gas
ana electric Light interests of Chicago WAS
used 90 Dee benefit of Peoples Gas tO the
extent of over a point. Among the other
spoCiaIucs to make large improvements
were American Tobacco, 10. Continental
Tobacco. 4. Metropolitan. 4tt. INird-ANc-
uuo. 4 and Consolidated Gas. a's. The
largest improvements among the leading
railways was Pa ON the Northwest. +tu-
ruary traffic returns attracted muth az
tcuIOn. ass they covered the period eui-
ing which traffic was somewhat inter-
rupted because of the storms ST. Paul
decrease uf something over $1,000 On the
net receipts was due 90 the increased
operating expenses, thc gross earnings
having shown am increase. In the case
OF AtrhI-On the road again reported
net increase this time over SleNc1. a'-
Though the gross earnings decreased
about $1 900. Among the southwestern
railways Wabash showed 90 net increase
ln February. earning of S~~eNn The mar
kct closed with no decided tone and heavy
trading.
The bond market to-day made am ag-
pres-lVe show OF strength. heavy pure
chases OF the active issues being made
80 substantial Improvements. Total sales,
changed on bid quotations.
The total sales OF stocks were l.-l3.lNO
shares, including 600 AtChis0n, A. 80
DO. preferred -i--1 chicago. burlington
776J Illinois Central, 800 Manhattan,
1S.I90 metropolitan street railway. GOO
Pacific. ll.tao New York Central, 100
Northern Pacific. 1000 Rock Island. H.
1tI Union Pacific. ll1lp do. preferred.
$3.50 ST. Paul. 12 $50 Southern railway
American Steel and Wire. lG 900 Amor-
can Tobacco. CJ1aO Federal Steel. "a 31J
do. preferred, -b.JlO Consolidated Gas,
HH. .r.r. .r..H f|Hr d. on a..