The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1899-04-02
EASTERN MARKETS.
NEW YORK STOCK MARKET.

NEW YORK. April MANY advances were
recorded on the stock market to-day in very
large dealings. for the two hours nearly $50. 900
shares changing hands. The Easter HOLIDAYS
in England rendered London no factor here
but the accumulation OF a very large volume
OF purchasing orders over the Good Friday
holidays brought forth much higher quota
tons at the opening. Subsequently heavy real
izing caused sharp setback to prices but
with the appearance OF the bank statement
which the speculative element viewed as more
favorable than expected there was material
rally and the final prices were at or near the
best The dealings were much Influenced by
the buoyancy OF Manhattan, which made
gain OF 10 points. Of which it held. The
statement by large holder Of Manhattan that
he had been offered 10 per cent above Thrls-
day s price for the stock indicative that
the Metropolitan Street Railroad people sought
control OF the stock. The announcement that
q per cent dividend per annum had been de-
quarterly dividend payable in July brought
forth enormous purchases and a very wide
opening, the extreme rise being over points
Among the specialties. Third Avenue rose
10 points and there were advances OF I9. TO
81 points in American Tin Plate Peoples Gas
American Steel. Union Paper and National
steel. the latter recording the extreme gain
There was comparatively narrow movement
in american Tobacco on the announcement of
q 100 per cent common stock dividend, the stock
retaining l point Of the 3la points advance
The railroads averaged fractional advances
The extreme nigh prices in many stocks par
ticularly the specialties, were accompanied by
lively bullish bidding up by brokers'
The operations OF the week were generally
of q professional character, but genuine in
vestment demand also appeared in number
of standard stocks.
There was a rise Of II points net in North
western, with lesser appreciation in the other
Nanderbilts on renewed talk OF some anna lge-
nations. Pennsylvania and Rock Island were
strong, with the movement strong in the rest
OF the railways, the Pacifics being up and the
Coalers tagging. There were many sensational
advances among the specialties BROOKLYN
Transit sold over 100 points above the current
quotations of year back, the stock showing
a net advance of over le points for the week
Federal Steel rose 1871 on dividend prospects:
Third Avenue. 10; Tobacco, Il; Manhattan
15ls Metropolitan, 1893 Sugar, y, and People s
Gas, j%s. Manhattan's rise was associated with
the belief that the Metropolitan Company
sought control
The bond market generally exhibited a good
tone, with active leins showing the most
strength in the movement
United States old As registered advanced Il
in the bid price. -
The total sales of stocks to-day were GAO 700
shares, including: Atchison preferred 26 $40:
Burlington, 11.T0 Manhattan III 595; Reading
first preferred, sc 10; Missouri Pacific 69Oo.
NJ. x. and T. preferred, 1900; Rock Island 4520.
Union Pacific, $3.50; do preferred 700; st Paul
1850; American steel and Wire, 81 275; Federal
Steel, AL lS0; do preferred IS $50; People 3
Gas. $4,000, Brooklyn Transit. 40, 500 Continen-
tai Tobacco. 6665; Sugar, 1900; Tennessee Coal
and Iron, $40: Leather preferred 1850 Rio
-Grande Western $40; Chicago Great Western.
$500