The evening world. [volume] (New York, N.Y.) 1887-1931, 1900-04-04
Sharp Advance In Prices
and Heavy Trad
ing.
SUGAR Was A LEADER.
LARGE Blocks Changed Hands
In Early Hours-The
Quotations.

Trading was active and prices moved
strongly upward a, the opening OF the
stock market to-day. Federal Steel re-
bounded l.: and the Reading and Erie
etocks we're prominent on published re-
ports OF sympathetic control Lake Erie
4 Western Joined the movement. with
rise Of point.
Baltimore 4 Ohio had a wide opening.
the decline running from SIS TO is ON
the opening transaction. The preferred
stock showed q fractional decline, which
Was more than recovered at once.
The common then rapidly advanced TO
81. which was Us above yesterday, and
the preferred jumped above ~ soon
after.
American Sugar was strong and active
In the early hours OF trading. Tremen.
dous blocks OF stock were traded In at
On advance Of more than points, being
above ~.
Railway shares were quite active, and
ether strong features were Pennsyl.
vanis, New York Central. Burlington
0Ho Iouts'Hic - HstH'H' sa'H ss"'he
substantially.
The local traction stocks were again
moderately transacted, with the initial
prices In all the shares showing ad-
vances. Metropolitan was up point, n,
10 -: Manhattan ~. at Is -. aud
Brooklyn Rapid Transit. after opening
6zt at q: climbed TO - l.. and later re-
eeded below last nights close.
During the first half OF the second
hour sharp advances were the rule on
. large demand for both accounts Me
dtum and low priced railroad stocks
were absorbed heavily. Northern Pacific.
O.. Louis Southwestern preferred Erie
afst preferred ana Southern ?sc.ee
WakinG good strides upward. Chicago.
indianapolis Il Louisville preferred ad-
vanced IS and the common 81
4 concerted drive against the high
priced industrtz,s and Federal steel
ioseeed them ! 10 2 points. Business
iosaes In the standard railroad Issues
we're slight. Bonds were moderately
active and Irregular.
An upward movement In Pennsylvania.
which carried II TO III - was attended
BY enormous transactions IN the stock.
Blocks Of from 90 to i0S shares we're
. frequent as hundred share lots or
d;Barsiy.
Sugar moved up to 100 ;-s but the gen
efnl list. while frmer. did moi syTnps-
ebise much outside of New York Gem
tfzi, which rose to lsg i-.. The move
u<nf IN Pennsylvsnia was unexplained
~ any news development
The New York pubic utilities. sugar
and Peoples Gas rose together IN the
ofterDoOn. advances from the low point
ranging from ! 10 : 81 The market
ecneraIly was quiet and rather heavy.
TIE vigorous sustaining power Of the
movement IN Pennsylvania vas taken
advantage OF for large f.sii' ng In Rsi.
fillmore and ohio. the New York stocks
and the speeialiies. Baltimore and Ohio
fell 20 . ieve., si-' below the high level
81 the morning ana the speclatlcs ten
from TO ? 5-s. the latter Federal Steel
When Pennsylvania Yielded nesr,y
point and removed the prom from the
market the realizing ceased and the De.
Cline was checked. Metropolitan West
8de Elevator rose an extreme : points
the rally was feeble and the market
0o-ei barely steady and dul, Al net
gains for most stocks
The total sales - stock. to-day set.
uN6 shares, and OF bonds. sisi." p.
ar value.