The age-herald., 1899-03-04
STOCK DEALINGS
 WERE MODERATE
Which Induced Sharp Net Gains
 Generally.
FIRM TONE AT THE CLOSE
The Realizing Which Appeared Thurs day Continued But Short Time Yes terday Morning, Market Quieting
 With Hardening Tendency.

New York, March S.-Stock dealings were sharp net gains generally, with a firm tone prevailing at the close The realizing which appeared yesterday continued but a short time this morning, and the market quieted down with appearance in many stocks of hardening tendency.
 The traders were inclined to cover to some extent on the appearance of some so- called good buying, which encouraged en- deavors for the long account. Burlington Atchison preferred, Sugar and the Steel stocks, with the cessation of long stock coming out, became decidedly firmer Brooklyn Transit was strong because of the announcement that the stock issued to acquire another company had been ab- sorbed by a syndicate.
 St. Louis Southwest preferred was decid- edly strong and there were number of advances among the specialties, including Consolidated Gas, Metropolitan Street Rail- way, General Electric, American Tin Plate and Tobacco The upward manipulation of the latter stock, which reacned 197, was on the theory that it would have a monop- oly of the trade by it's acquisition of the Union Tobacco company. The success of the Chicago and Alton deal was the sub ject of favorable comment because of the beneficial effect on the general railroad situation, which, 1t was assumed, would result from the deal. Out-of- town houses were purchasers, except those in the vest which bought and sold Arbitrage houses disposed of some 10000 shares, portion of which they re-purchased.
 A delay in cable service had a restricting effect upon the arbitrage business While there q commission houses, the bulk of the days operations appeared to be professional. Some room traders fancied that from the nature of the dealings, interests which had recently marked large lines of Burlington and Atchison preferred, re-purchased some of their former holdings The sudden call of $l0,OO0,0O0 from subscribers to the new baking powder combination carried the loaning rate of call money sharply up- wards, a small amount being loaned as high as Az per cent This circumstance was reflected in the very weak sterling market.
 Some irregularity occurred in todays bond market. which, however did not inn pair the general undertone of firmness. Louisville, Evansville and St. Louis 5s were again the feature, rising points and practically losing the advance. Total sales, s3,375 900.
 United States new 4s and the old 4s
 
 The total sales of stocks today were 640, 300 shares, including 79,331 Atchison prefer red, S,511 Central Pacific, 65,210 Chesapeake and Ohio, IS ,930 Burlington, 5575 Louisville and Nashville, $500 Manhattan, 10 200 Read ing 3100 Kansas and Texas preferred, Il ITO Northern Pacific, 15S55 Ontario and Vest ern. $500 Rock Island l5,598 Union Pacific, 25,170 St. Paul, 10S00 Suthern Pacific, .5,GS5 Southern railway preferred, 6,142 Texas and Pacific, Il ,315 Union Pacific preferred, 4S,220 Tobacco 2f, 100 Steel, 1S,920 do. preferred, 6,4OO General Electric, 23,6S5 Brooklyn Tran sit, 24, 52O Sugar, 3,750 Tennessee Coal and Iron 16,925 St. Louis and Southwestern,
 Money on call was firm at 21s@412 per cent; last loan at 315.
 Prime mercantile paper 3931s per cent
 Sterling exchange was weak, with actual business in bankers bills at $4.S415d4S5% for demand and at siS31s6e4,S42 for sixty days; posted rates. $4 S41ad4.S5 and s4.S6iA@4S7
 Commercial bills $4S3.-
 Silver certificates nominally 591s@601sc; bar silver 599sc; Mexican dollars 471ac.
 Government bonds strong.
 State bonds inactive.
 Railroad bonds irregular.