The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1899-04-05

Specialties. which of Late have attained
the largest advances. The traffic
agreement between Third Avenue and
Manhattan produced a large advance
in both of those properties at the open
ing. Third Avenue rising six and Man
haitian three points. This brought about
extensive realizing, and the stocks grad
ually receded, Third Avenue losing
eight on the day and Manhattan half
as much. Metropolitan lost three and a
half, although at one time it was down
90 on liquidation induced by the comb,
nation of the rival companies. Talk of
brisker hostilities in the trade war left
Sugar six points down. The suit to
restrain the Brooklyn Transit from leas-
ing a former rival traction company,
together with realizing ON Brooklyn
Transit large advance caused the stock
to ease off points. The iron and steel
shares ended irregularly changed, with
Federal Steel and American Wire down
sharply
International Paper lost 4 and Chi
cago Gas 3. Excepting the Coalers,
which rose in some cases materially, the
general railway list showed little change,
the Changers being fractionally off.
strength were Rubber, Tin Plate Leath-
err preferred, Continental Tobacco and
Long Island, the last two named rising
3 and respectively. An advance in
plug tobacco prices was said to be 4
reason for the rise in Continental Tobac-
co There was a confusion of views on
the stock exchange. Traders were in
clined to make much of crop prospects,
the advices from the grain regions be-
ing mixed as usual at this season of
the year The impression was rather
general that much liquidation had come
from active interests but there was no
certainty but that part of their former
holdings had been repurchased at a lower
level. Uncertainty as to the immediate
position of large speculative interests
was a cause of some of the commission
house selling. In some quarters. how
ever, stocks were still tenaciously held.
CAN money continued firm and ranged
from ; TO 6 per cent, with most of the
business at the higher figures. The
dealings for the day exceeded a million
shares and the market left off weak not
far from the lowest.
General improvements resulted from
to-day's bond operations. Total sales
S41S5,000.
United States old As, coupons, ad-
vanced ", the new As q, and the SIS
and old As registered "A in the bid price.
The total sales of stocks were 1870
400 shares, including; II, $50, Burlington;
25,747, Atkinson preferred; 146,S60,
Manhattan: 13,100, Metropolitan Street
Railway; 10000, Reading first preferred:
466T0, Missouri Pacific; 1850, Missouri,
Kansas and Texas preferred; 9,078 Jer-
sey Central 9,J5J, New York Central;
1886. North American Company: $3.50,
Northern Pacific: 22,S07. Ontario and
Western; $3.50, Rock Island; 1865
Union Pacific; 1929, Union Pacific
preferred; 14,420, st. Paul; 9915. Wa
bash preferred; 25,GJ5, American Steel
and Wire; 1868, International Paper;
59.4S0, Federal Steel; 34,225. Federal
Steel preferred; 12,905, Peoples Gas;
$500, Colorado Fuel and Iron; 57,490
Brooklyn Rapid Transit; $3.50, Conti-
mental Tobacco; $3.50, Pacific Mail;
1880, American Sugar; 30645. Tennes-
see Coal and Iron; $3.50, United States
Leather; 36,153. Leather preferred; 81
21S, United States Rubber; 6,220, ST.
Louis and Southwestern preferred; r.
900, Chicago Great Western.