The Saint Paul globe., 1899-03-28
NEARLY ALL PROMINENT SECUR-
ITIEs SCORED MATERIAL
ADVANCES
OUTSIDE PUBLIC INTERESTED
Dealings for the Day Reached Near
ly One Million and a Quarter
Shares - Market Opened with
the Added Strength of Higher
Prices In London - Brooklyn
Union Elevated a Leader.

NEW YORK, March e. = Nearly all
stocks made advances today and some
OF them were of material proportions.
Various reasons might be assigned for
the movement in individual stocks, but
the principal motive for the general rise
was apparently that steady advance Of
price of late had again aroused the out
side public to buy. The dealings reached
nearly 1,125,000 shares. Aggressive bull
manipulation by the leaders of specula-
ton had seemingly caused the public to
cease waiting for an immediate oppor-
tun1ty to secure stocks at a lower level.
The market opened under an impetus of
higher quotations from London, and,
though large realizing on paper profits
was apparent from time to time, the ad-
vance continued pretty steadily until
near the close, when the rate for call
money reached per cent; leaving the
range for the day from to 6, with the
last loan at s. Quite a number Of new
hish-price records for stocks were
made today. The strength displayed on
Saturday brought large number of
commission house orders to purchase
stocks This caused a pronounced rise
at the opening and induced the elimina-
ton OF many short contracts.
The principal activity was In the Flow
er stocks, there being, for instance, 25-
0oe shares Of Federal Steel sold at the
opening over a range of 4 points and
the stock made net advance of 6M on
reports that the earnings were large
Brooklyn Transit rose points on ru-
mors that the Brooklyn Union Elevated
was said to have $1.5O0,00O in cash when
taken In control by the Transit COM
pany. The continued talk of negotia-
lions for combination of the gas and
electric light interests of Chicago was
used to the benefit of Peoples Gas to
the extent of over a point.
among the other speciaIties to make
large improvements were American To-
bacco, 10; Continental Tobacco. 4: Met
fopohtan, 6%; Third Avenue L. and Con-
soiidated Gas, 35s. The largest improve
ment among the leading RAILWAYS was
~ In Northwest.
reofuafy traffic returns attracted
mnch attention, as they covered the ne
rlod curing which traffic was somewhat
interrupted because of the storms. st
fauis decrease of something over 50 600
III tne net was due to the increased op-
eratihg expenses, the gross earnings
having shown an increase In the case
y, A.cnison gain reported over s1SS, 900,
aithough the gross earnings had de-
creased about $97, 900.
among the Southwestern RAILWAYS
"apash showed a net increase in Feb
ruary earnings of nearly sSSOOO. The
market closed with no decided tone ana
heavy trading '-Ao
me pond market today made an ae-
sIessive show of strength, heavy pur-
chases OF the active issues being made
at substantial improvements. Total
sales, $5.150,000
United States bonds were unchanged
on bid quotations. ~
STOCK QUOTATIONS.
urnlshed by Charles H. f. Smith Z.
~, ~, members of the New York stock e,.
snanse' snsnisse' % pioneer Press building, who have
Geint GIosine. wlres n, TO Chicago and New York.