The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1899-03-30
EASTERN MARKETS.
NEW YORK STOCK. MARKET.

NEW YORK, March 29.-The bull movement
q stocks. which started Saturday, received its
first material check shortly before noon to-day.
The dealings were considerably above the mil
lion mark with nearly q quarter of q million
OF the transactions in Brooklyn Transit. The
sensational advance in the forenoon brought
about realizing sales on an enormous scale in
the late session toreign exchange was strong
and higher especially on short bills. There was
lao satisfactory supply of commercial bills, and
the April settlements were given as the reason
for The increased RENTING demand which was
SCI said t. be unconnected with any anticipation
Of the settlement of the Philippine indemnity
money. There was furry in call money, which
went high as per cent and closed. at 3ia
These circumstances together with the early
declines. which embraced even more stocks than
were prominent in the rise Brooklyn Tran
sit made an extreme advance of nine points,
dropped over eight and closed with a net ad-
vance OF five points from the top. Sales in
above figures prevailing last April.
were in large blocks of stocks thrown
porting purchases by the parties identified
with the property resulted in a rally. AS in
are used, 1t is difficult 10 say whether the de-
cline genuine realizing to shake OFF
an understandable following Although North
west closed with a gain of less than two points,
II had at one time risen the extreme of seven.
New York Central, which at one time was up
bss retained less than three of the rise. These
stocks were unusually active and revived talk
OF the possibility of q consolidation. 1t was
said that there had been enormous realizing by
interests active in manipulating the rise in
several stocks, which were usually taken be-
cause OF the purchasing demand aroused by
their recent strength. This, however, Is a
matter Of pure conjecture. Reports of a hitch
in the delivery Of certain properties to the
Continental Tobacco Company and talk of the
stocks weak most of the day American To-
possibility of a trade fight kept the tobacco
mental 25s. Federal Steel and similar properties
Suffered on realizations Weakness also de-
reioped in General Electric, Rubber Atchison
preferred and the coalers. The granger stocks
showed good gains III the early period Of
strength and receded with the rest of the mar
het in the early afternoon. The market closed
weak and active, with many sharp losses.
- Railroad bonds participated fully in the va
carries OF stocks to-day, but the range was
well within the point OF the most active issues.
Total sales, 81 345 coo.
United States bonds were unchanged in bid
quotations
Total sales of stocks to-day were liz 600
shares, including: Atchison, $685. Atchson pre-
ferred, Sc. 800 Central Pacific $3.50: Burlington.
80. $40; (. c. c. and St. Louis TO- 400: Illinois
Central. 1920; Manhattan, q. 365; Metropolitan
Il, us; Mexican Central, 3400; Missouri Pacific,
&515; New York Central, "a, 320; Northern Pa
cifc. il, 200; Northern Pacific preferred, $500;
Northwestern, 1859; Rock Island 20;S3o; Union
Pacific, $500; st. Paul, q $50; Southern Pa
CihC. 1850: southern Railway preferred. Il, $50
ferred, 1913 American Steel and Wire q 945
Paper. 5000; American Tobacco, 13, 1856: Federal
Steel, 1920; Federal Steel preferred, rs. 900 :
Peoples Gas, IS. 000, Brooklyn Transit, 259 $50;
Continental Tobacco, 80, ESQ; Pacific Mail, 1870;
Sugar, 10000; Tennessee Coal and Iron. 10, 500;
Rubber 44o5; Continental Tobacco preferred,
1910; Chicago Great Western. L. $50.