The morning news. [volume] (Savannah, Ga.) 1887-1900, 1897-01-16

dIls' Jan. lo.-Ihree per cent. rentes,
lo2 francs 90 confines for the account.
New York, Jan, 1E.-Money on call was
easy at l14q2 per cent; the last loan was
at Ia per cent, and at the closing was
ottered at IA per cent. Prime mercantile
paper, SA@S& per cent Bar silver. 64S.c.
Sterling exchange firm with actual BUSH
ness in bankers bills. $LS494G4S5 for sixty
days, and A.@1sG4S724 for demand. Post
ed rates, $4.S5l@G4. SS1a. Commercial bills.
u. sS14q4S4A. Government bonds firm
state bonds were dun; railroad bonds were
stronger. Silver at the board was quiet
New York, Jan. 10. noon.-The specula-
i've market was strong, at the following
quotations.:
Erie .............. 14ssi Bal. & Ohio go. II
northwestern ..103Ss Can. Southern. Az
90 pref ........l5S st. Paul ......... 75Ia
Lake Erie 49,. .1527s Rock Island SEQ. 6S
Nor. q w. pref. 1874 Del. & Hudson. .111it
west. Union -. SS3s Del, l.. & w. 55I5
so. Ky conn.,. 9l5l Manhattan ...... 9Oi5
do pref ........ 2SI4 Mich. Central =. 90
Am. sugar .....1l4A N. Y. Central . 93%
New York, Jan. 15.-The feeling in stock
circles to-day was more confident than
FOR some time past mainly owing to the
remarkably favorable statement of the
foreign commerce of the country for the
month of December and the calendar year
in 1885, the steady increase in the treasury
gold reserve and the superabundance of
money, both here and in London. These
influences have apparently served to slim
ulate interest, not only in investments.
but also in the speculative markets. They
nave induced the recognized bulls to take
a fresh hold and at the same time have
frightened the shorts. The latter made
active efforts to cover and their purchases
together with fair demand for foreign
account, helped along the rising tendency
OF prices. The market was strong from
the opening to the close of the session, the
dealings having been better distributed
than of late and the advances in prices
having been general. No attention was
paid to the Cuban trouble. which for the
moment has been relegated to the back
ground. The upward movement in Sugar
gained additional force from the an
nouncement of further advance in price
or refined, and adVices from Washington
that II any change is made in the tariff
on sugars 1t will not be detrimental to the
interests of the sugar refiners. The con-
test between the American Sugar Com
pany and Arbuckle Bros, in which there
are no signs of a let up, failed to check
the advance. The commission houses re-
ported more numerous orders for stocks
Tor outside account, although 1t is admit
ted that the business is still, to a large
extent, professional. The transactions ag-
gregated 214, 494 shares and the advance in
prices was equal to A@2A per cent, the
latter in Wheeling and Lake Erie, prefer
red, which sold up to 4h on reports of
negotiations for the settlement of the soft
coal rate war. Sugar. the Changers, Lou
isville and Nashville, Manhattan, Tennes-
see Coal and Iron, Western Union and
Chicago Gas We're conspicuous both in
point of activity and advance. The last
named was materially strengthened by a
statement made by ex-Gov. Flower that
the regular quarterly dividend of IL per
cent. will shortly be declared, and also by
growing belief that the Illinois legis-
lature will permit the constituent compa-
MES comprising the so-called trust to con.
solidate. The market closed strong at the
top prices of the day. Net changes show
advances of 1aq2 per cent Manhattan
leading. In the specialties Illinois Stee
jumped to 81. In the total sales Sugar
figured for 1920 shares; st. Paul for 10, 100
Chicago Gas for 1890; Burlington and
Quincy for 1900; Louisville and Nashville
for 1900 and Reading for II 800 shares
Bonds were active and strong. The trans.
actions footed up $2,249.O00.
New York Stock List. Stocks and Bond.
q the CtlOSiup-