The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-01-15
Telephone 10. SO

Michigan Central. sS7s: New York Cen
tral. Sliz, Delaware and Hudson. rs.
New York, Jan. 1f.-Higher prices were
the rule al the Stock Exchange during
the early trading. The Improvement was
due TO the better political outlook abroad
ana the advance in American railway Sc
curities in London. which followed the
limitations that the Venezuelan dispute
Is likely TO be settled by arbitration after
AL London houses were the principal
buyers at the opening and il was stated
that the fortnightly settlement there had
developed the existence of a heavy short
interest in Americans. The early advance
was equal to 1tG17s per cent in the gen
eral run of stocks, while Metropolitan
Traction jumped from 1O2is to IO5. An un-
expected engagement of 81. 100000 gold for
export 10 Europe tomorrow by Lazard
treres rather upset the calculations Of
the bulls, and not only induced realiza-
tons, but led to sales for the short &C
count. Muller. Schnan x Co. engaged
$4,000 for shipment to South America.
The pressure to sell. however, was of in
slgmhcant proportions and the losses
which followed were confined to fractions,
except in a few cases. Chicago Gas was
depressed at one time and fell from 66i2
10 biSs on reports from Chicago that the
common council intended making a fresh
attack on the property. There was an I'M
rounded rumor to the effect that AttOr-
ney General Moloney intended to decide
against the reorganization plan. Leather
preferred ran of about point to SIS, on
the failure of the directors to declare the
dividend on the stock to-day. 1t is under
the matter at all and that the meeting
was held simply for the purpose of MAX
ing certain changes in the bylaws of the
company. The executive committee will
be reduced from seven to five members
In the last hour the market was dull and
about steady in tone. Net changes show
cago Gas, Rock Island Jersey Central,
and Baltimorefand Ohio, which gained AM
IA per cent. In the inactive shares,
Cleveland, Lorrain and Wheeling pre-
. he 10 Ct
NlouSly reported sale. Total sales were
only 153,G4 shares, including 10000 St
Paul, 1880 Louisville and Nashville. r.
goo sugar and 1900 Leather preferred.
Railway and miscellaneous bonds were
higher. Sales were l,33S.000. The sales
OF iisted stocks aggregated 1856 shares,
and of unlisted stocks, 3S,55S shares.
New York Stock List Closing Bids
stocks and Bonds-American Cotton Oil
n; do preferred, 6iA; Sugar Refinery,
1914 do preferred, 963.: American Tobac-
co, 80; do preferred. 102; Atchison, T. and
5. F., IN; Baltimore and Ohio. ~: Can
ada Pacific, 81; Chesapeake and Ohio ISIS;
Chicago aid Alton, 1884, Chicago. b. and
O., 1512; Chicago Gas 65; Delaware, Lack
awanna and Western, 1914; Distillers and
Cattle Feeders l6i2; Erie, rs; do preferred
2312; Edison General Electric 26. Illinois
Central So; Lake Erie and Western, 1919 /;
do preferred, 701s; Lake Shore 143; Louis
vile and Nashville, AIS; Louisville and
n A, So; Manhattan. 97% Memphis and
Charleston, Is asked; Michigan Central
9512; Missouri Pacific. 25k Mobile and
Ohio, "a; Nashville, Chattanooga and St
Louis, 60; United States COrdage, 5ss; do
preferred, l0M: New Jersey Central 1917 !;
New York Central, %: New York and New
England, 45h Norfolk and Western. pre-
ferred, 6h; Northern Pacific, 3; do pre-
ferred, liz; Northwestern, 9S3s do pre-
ferred, i42i3; Pacific Mail, %. Reading s.;
ROCK Island, COS; st. Paul, SO; do pre-
ferred, 1885,; Silver Certificates, GA; Ten
nessee Coal and Iron. q; do preferred, 100 /;
Texas Pacific, rs; Union Pacific, 80: Wa
bash, 81. L. and p, 6zs; do preferred, 1914 /;
. Western Union, S31s; Wheeling and l.. e.
II; do preferred, 1875; Southern Railway
5s, 81; southern Railway, common, 9ls /;
Southern Railway, preferred, 27Ib
State Bonds--Alabama A, lO9. Alabama
b, lOS12; Alabama G, 1914 asked Louisiana
stamped is, 80; North Carolina As. 1903;
North Carolina 6s, 100; Tennessee new
set. Ss, so; Virginia IS. PREFER, :, So; Vir-
g GIN a III. Trust Receipts; ~; Virginia Fund
Government Bonds-United States As.
registered. 10Sls: United States As, cou-
pons, 1O9; United States Is, registered 90