The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-01-03

with the bearish feeling in the ascendant.
EnGagements OF S1,2N.uoJ in gold for eN-
serve down 10 the sSs.o00.o 90 marx. with
the chances favoring further reduction.
accounts IN measure for the weakness
OF the market The abandonment Of the
Earle-Olcott plan for the reorganization
OF the Reading. coupled with the fact
that the holders of the senior mortgages
oearish feeling The selling. however.
was chiefly for the account Of the profess
sional besrs. although new houses Were
employed 70 do the bulk Of the manipu-
lation. A nrrn. credited with close con
nections with the sugar people. were
large sellers Of the Changers. and Il
create the impression that the sugar
crowd were liquidating in the railway
group The sales OF the firm in question
We're accompanied by Washington ru-
matter as soon as il conVenes. The ma
nlpuiaUon in jersey Central continued
and the stock closed 5 lower at SSa4. It
Is again asserted that some OF the insid-
ers have reduced their holdings and the
dividend will be cut at the coming meeting
Rrs eT anS sGld Chissgo S Gas SRsnes
brought out long stock. and a decline to
US followed. The Changers were heavy
throughout, losing AdlSs per cent, North
west leading. The stocks were sold on the
general belief that these roads have en-
tered upon a period of lean earnings.
sugar, on the Washin gton rumors referred
a.
TO S3i2; Tobacco, 1As TO IS; Manhattan, Ia
10 Jos; Erie = TO 9i2; and Western Union q
10 SOS. Baltimore and Ohio was in de-
mand. and advanced on light trading to
OLE The market closed weak and Il to
"a per cent. lower on the day. Bay State
Las gained 3. Lake Shore y and New
England y per cent.
Railway bonds were quiet and lower
sales OF listed stocks aggregated 10000
shares; unlisted 5000.
The quotations at the cosing were as
follows:
American Cotton oil, 28is. do preferred.
6t46Sia Sugar Refinery, 81; do preferred,
51i American Tobacco, 81; do preferred,
l0i; Atchison, Topeka and Sante Fe. ~ ;
Baltimore and Ohio. 62ls; Canada Pacific
5Sl4' Chesapeake and Ohio. Il; Chicago
ana Alton, 146; Chicago, Burlington and
Quincy, 69% Chicago Gas. 72lz; Delaware,
Lackawanna and Western, 160%; Distil-
lers and Cattle Feeders, 97s: Erie 9ss; do
preferred, 20St Edison General Electric
SIS; Illinois Central. S2ss; Lake Erie ana
w, l6; do preferred. Il; Lake Shore. 1919 (;
Louisville and Nashville 5S1s: Louisville
ana n A. 6s2; Manhattan, l0iis; Mem
PMS and Charleston, 10; Michigan Cen
trail, 80; Missouri Pacific, 26ia; Mobile and
Ohio, Il; Nashville, Chattanooga and St
Louis, 50; United States Cordage. Z; do
preferred. II; New Jersey Central, ssh ;
New York Central, 91si New York and
y e, 32is Norfolk and Western pre-
ferred, 1853: Northwestern, 9594; do pre-
Ierred' l42 Pacific Mail. p; Reading. 1874;
Rock Island. 6lis; St. Paul. sos; DO pre-
ferred, ll67s; Silver Certificates, 5934; Ten
nessee Coal and Iron, l5l4; DO preferred,
40 asked; Texas Pacific. 81; Union Pacific.
II; Wabash, St L. and r.. SIS; do pre-
ferred, 1875 Western Union, S6l4; Wheel
ing and l.. e, 97s; DO preferred. 40; South
ern RailW ay 5s, Ssls En-. Div; do common,
l0i2; do preferred, 80.
State Bonds-Alabama A, 102 Tx. Div.
do 3, 100 Elk. Div; do G, 50 bid, EX Div.
Louisiana Stamped As, 10U North Caro-
lima As, l06, Elk Div; do 6s, 124; Tennessee,
new set IS, 50 Elk. Div; Virginia is pre-
ferred 81; do Trust Receipts, 12lt do
Funding Debt, 5Sa FIX. Div.
Government Bonds-United States As
registered, 1l3; do is, coupons, 1874; do Is,
registered, "a.