The San Francisco call., 1899-04-12
EASTERN MARKETS.
NEW YORK STOCK MARKET.

NEW YORK, April u-Bullish confidence
prevailed in influencing stock prices to-day,
which advanced almost continuously, slight set
backs regularly bringing new buyers. The
final dealings were in large volume, bringing
the total to nearly three-Quarters of million
shares. There was continuous support by large
operators, accompanied by optimistic utter
ances. Potent allies Of higher prices were the
showing Of the Government crop report in win
ter wheat, which was better than expected,
spring weather in the West abundance of
money at easier rates and Washington advices
that sudden call on the depository banks for
the funds TO pay the Spanish indemnity was
rot contemplated, but that the withdrawal of
Government funds would be gradual as hith-
erto. sentimental influence was the knowl-
edge that Presidential proclamation that we
are at peace with Spain would be issued to-
day. The grangers We're uberally purchased
for Western account. The Vanderbilt Issues
continued in active request. Local transporta-
ton lines continued strong, Brooklyn Rapid
Transit making an extreme gain of almost
points. The other Flower specialties were like
up over 1 points Continental Tobacco;s rise
OF ga was in part associated with to-day's
meeting relative to a stock issue. The
Southwestern group was active and strong, as
were the iron and steel shares. In fact before
the day was ended practically everything was
higher, the larger gains being among the spe-
cialties. Commission house purchases increased
with the strength of the market London was
but small factor, selling about half as much
loans at per cent and gradually easing of
TO 2lJ3 per cent. The ease Of money was re-
nected In an appearance OF more strength in
the sterling exchange market, part of which
was possibly due TO anticipatory purchases in
connection with the payment of the Spanish
indemnity. Several foreign exchange authori-
ties claimed to have noted no such buying
hitherto which leads 10 the belief that the
settlement was yet to be arranged The mar
ket closed strong at about the best prices
The bond market followed stocks but TO only
g narrow extent. Total sales, 81, ,055, 0OO
United States old As and coupons advanced
Is in the bid price.
The total sales of stocks to-day were 721, sO5
shares. including: American Steel 16 600; Su-
gar, 1000 American Ans Tobacco. 5000; American
4s 600; Brooklyn Rapid Transit g. Zoo Bur,
lington, 1880; Chicago Great Western, IL 700;
G. c. c. and St Louis, 1900; Continental To-
bacco u7,4O0; do preferred. $500; Federal Steel
L.9C0; do preferred, 800; General Electric new
1900; International Paper. 5000: Kansas and
Texas preferred, 5000; L. and N. 400: Manhat-
tan 81 900; Metropolitan, 4sOo; Mexican Central
5000; New York Central, 20, 100: Northern pa.
cific, 63oOi Northwest, BOO; Ontario and Vest
ern, $500; Pacific Mail, $500; Pennsylvania 500
Peoples Cas-, $500 Reading first preferred
2So0; Rock Island. 1880: st. Louis South
western, As, 100; St Paul. 46 200; Southern Pa
cifc, 57o0: Southern Railway preferred 2s00
Tehnessee Coal and Iron. 1900: Union Pacific
1920; do preferred, 10,1OO; United States
Leather preferred, 5l00