The morning news. [volume] (Savannah, Ga.) 1887-1900, 1897-06-12

Whether the public will come in soon re-
mains to be seem Prices tonight closed
under the best Mines were strong. The
announcement Of the committee headed by
MIR. Falrchild, representing Central Pacific
bonds and shares. has created surprise in
view of the existence of the Banbury
shareholders committee and the recent no.
tice that Speyer Brothers will soon call
for a deposit of bonds In business cir
cles the new committee is scarcely taken
seriously. The Paris and Berlin markets
were firm"
New York, June 1.-THE price of securi-
ties to-day scored further step in the
progress toward a higher plane which
mas continued the dominant tendency OF
the market now for over two weeks
There was a large amount of selling to
realize profits from time to time by hold
ers satisfied with their gains and scepti-
cal of the stability of the higher range
prevailing The offerings to realize were
quickly absorbed, with only a temporary
setback to prices. Closing prices to-day
were generally below the best OF the day.
owing to profit taking as was the case
yesterday, net gains being considerably
less than the extreme advance. The ag-
gregate sales being about 100000 The list
OF transactions also shows many addi-
tional stocks awakened from a dormant
state into active trading. This was, in
tact, so markedly the case as to suggest
manipulation, with the purpose of bring
ing inactive stocks up to the level OF the
recently advancing and active securities
IL is familiar device in bull market
to realize in one group of securities while
sustaining the market by purchases in
another. The favorites in to-day's ad-
vance were the low-priced shares of re-
organized companies. There were over 2S.-
eco shares of Northern Pacific sold. ex-
oeeded only by Sugar. with LOCO. North
.1.ta ~.
of over 1900. or Union Pacific 22.O0O
shares were sold. This group of stocks
had been favorite with London for some
time, and the range attained invited some
selling by London to realize London was
also buyer. Reports from exchanges in
other cities of revived interest and actiy-
lly IN speculation helped to sustain the
market. The advance in the Anthracite
Coalers wasf accelerated by the dificur-
ties OF the short interest whose needs
were aggravated by the increase of the
loan rates on the stocks of this group
The prices of many stocks were carried
back to last nights close by realizing AZ
one time or another during the day but
practically all show net gains. The stocks
OF the IRON companies were notably strong
ON the trade outlook. The total sales of
stocks to-day were 295. 9O3 shares, includ-
ing American Tobacco 10000; American
sugar, $780, Burlington and Quincy, H.
Hudson, $780, Louisville and Nashville
5l00; New York Central. $500; Northern
Pacific, 1920; Northern Pacific preferred
1880; Reading 1900; Rock Island. ~. 900.
ST, Paul, 1890; Tennessee Coal and Iron
$500; Union Pacific. q 800; New Jersey
Central. $780,
The bond market continues to broaden
from DAY to day. with increasing strength
IN the usually dominant mortgages The
inquiry for these securities is quite good
with wide variations between bid and
asked prices Transactions noted are sew
eral points above previous sales, with
some issues recording exceptional changes
trailing In the speculative issues auleted
down somewhat with fluctuations narrow.
Inc aggregate sales were 81, S6i 900. Gov
ernments continued to trend upward with
business confined TO counter dealings
Closing Stocks.
! Atchlson ........ 12A n. Y e N. E.37
ADAMS FIX. ....149 ont. & Western. Az
Alton, 7. II. g. 60 Oregon Nav. ~ ~
american Tx. III o. g. l.. & ". N. 1917
6aIt' y ONO -. lOa Pacific Mall 80. 29h
Can. Pacific 49, G2 p ID & II -
Ian. southern 0% Pittsburg ........164
| Central Pacific 10 Pullman Palace fe9ih
| ches. e. Ohio 90. 17I5i Reading Siz1
Shlcago Alton .lB Rio G. Western. 1874
- r. " O.. 79H do do pref . 36h
S Cnl' S Gas ''.. We Rock Island go. 69%
= ~ =. ."o ..',.'.iWH 81. Faul ......... Is
49,. a St.L.. % do pref .... 1875
C C =. q l..'... y st. +. & Omaha. 5sh
Del, Hudson ..1Os3s so Pacific isiL
Del, T. x W.. .l5Oh Sugar Ref .....125
D. e. r. q. pref. 1914 Tenn. c. & L.. nv
Erie .............. 14hl Texac Pacific 49, glS
90 ISL pref go. S3l5 II. e. o. c. pref 40
do "a pref ..... 1874 Union Pacific -. 7%
Fort wayne liza y. s. Express q. 38
VI. Northern PILED w, ST. L. a. p. 81
G. g. T.. /. pref. % DO do do pref t4Z
Hooking valley "a Wells Fargo Ex lOi
III. Central ...... "a Western Union sou
st. T. & D.. 20 Wheel. a H. 10 Y
Kan. g. Y. pref. 3O9s do do pref 49,. 2I
Lake p. q W.. Hh MINI. & 81. L.. 1917
90 90 PREF .... 63h Den. a. II. Ga. 1917
Lake shore '...lO Gen. Electric -. 33M
Lead Trust &lzNat. Linseed -. y
j.. q N. ....,.... 1874 Col r. e. I...... 1871
T. a n. a. ...., a do do pref eco. 81
Man. Console. 81 r., st. l.. exc 5h
Mem. e. Char 90. Is do do pref 49, 49,
Men central 80 Southern ........ 9ik
Mo. Pacific zee. III do pref ........ 2gM
Mobile a. Ohio. % Am. Tobacco -. 72z
Nash Chat..... @ DO pref ........iOi
n. J. Central 79A Am. r. g. @. Co. SO
Nor & w. pref. 30 Com Gable Co. 10,
n. Amer. Co... MIAm. S. r. pref i07
NORM. Paclhc... HHIU. 8. Rubber 90. III
do do pref 42h DO do pref .. bgh
Y. j., ID. & c.. ~ Cot. S. OH pref 81
Y. ,. Leath. pt. o. Am. Spirits 900. 1914
Northwestern ..l0eA do DO pref ..... 20
DO pref ........ld o. r. & y. pref. "a
". Y Central ..1Oi iP.C.C.& stL.pf.. "A
Bond List.
US. As rcg(ncw)12ik DO "a AZ ....... Coz
do As cou(now)i2lMl Mutual Tn. Ga i07
DO o., reg ....li3N y. J. G. gen. 5s.1iiM
do 5s, cou..,..ll5t North. Pa. fsts. ii9
do A., reg.....ll0Al do do DDS ..... 65H
do As, cou ..112A Northw. cons. .fft
do p, req. - do =. F.dcb.5siisZ
Paeihe 81, s1...l0lM r. q. West. lists. 7lM
Ala, class A.."i06i4 st. Paul cons 7si35M
do do B......l05 do C.& P.W.5s M
do do C..."...lOo S.L.& ST. GEMS n
DO Currency 100 S,L& ST. ger. a fftik