The morning news. [volume] (Savannah, Ga.) 1887-1900, 1897-09-18

4S2h for sixty days. Posted rates, 81 SSib
| Qis4 and $i.S5G4.S6 Commercial bills
| SLelhQ4.S2. Silver certificates 57G5Sc
Bar silver, 56S4c. Mexican dollars, 43hc.
government bonds firm; state bonds were
dull Railroad bonds were steady.
New York, Sept 1.-THE total bank
ciearings in the United States for the week
| were Sl,3S6, Sd,2i2; percentage Increase.
! 536. Exclusive of New York $5t4 7SS O32;
percentage increase, 2S.1
New York, Sept. 17.-Evening POSTS
| London financial cablegram: "The stock
markets were better here to-day, as oper-
ators are returning from their holidays,
ana the autumn season is beginning
| Americans opened uncertain on New York
| prices, but soon rallied, and when IL was
! round that New York was buying again.
prices bounded up at the close. Louisville
| and Nashville, which touched 6l1h this
morning, closed at Ga bid.
There are indications of an easier
money market at the moment Two and
one-half million pounds has to be paid to
the india government tomorrow for treas
ury bills recently sold. Until to-day IL
was thought that this amount might be
rocked up at the Bank of England for a
time, but II is now known that the great
er part will be re-lent to the market un-
til next month.
the best informed people still consider
tnat gold shipments will be first made to
=, Aoih from farlS nut inquiries show
that no such shipments have vet been
arranged / am told further that large
amount OF gold is going from Sydney to
New York.
The Paris bourse was better, but the
beIlln market was dull, and somewhat
disturbed by the Venezuelan default.
New York, Sept. N.-To-day's market
was strong and the average level of prices
was considerably raised as a result of the
Gays trading. 1t was noticeable fact
however, that the greatest activity was
confined to spots. The gains also were
spasmodic in character and 1t could not
De SAID that there was any simultaneous
advance through the whole list. During
the periods while any individual stock or
group OF stocks was being advanced the
| general list showed a disposition to fall
| into neglect and to halt the advance. II
must be said, however that the spasms
| OF activity to-day went the round of
pretty much the whole market. The
| Changers, the Trunk Lines, the Wander
| bits and the Southwesterns, all of which
| have recently been checked on realizing
sales invited by previous sharp gains
showed recoveries to-day.
The most conspicuous feature of the
market, however, was the lively demand
for the Coalers New Jersey Central was
carried up an extreme 3% to 101%. crossing
par for the first time since Feb 3, of this
year. The decline which preceded the
| reduction of the dividend, dated from that
Tune, and eliminated on May a. when
the stock touched 6SA. 1t was one of the
last stocks TO feel the impulse of the re-
covery of prices. The Reading stocks all
advanced point or over during the day
but fell back sharply just at the close.
Lackawanna rose "a and Delaware and
Hudson IA.
There was some stirring up of the dead
cats and dogs on the list also, and some
sharp advances were recorded In stocks
so low in price that il is only a little wav
to go to double it. The southern railroads
seemed TO have the incubus of the yellow
fever scare lifted, and Louisville South
ern preferred and Mobile and Ohio all
gained considerably over a point. The
Increase in gross earnings of Missouri Pa
cific of $4,000 for the second week in
September and for Wabash of $28715. turn
ed attention to the Southwestern and
Missouri Pacific, Atchison preferred and
Wabash preferred all gained a point or
over net. The solution of the troubles of
the soft coal industry which is being
worked out, was reflected in sharp adj
vances in Toledo and Ohio Central and
Hooking Valley preferred. Union Pacific
was another conspicuous figure in the
trading, being heavily bought by London
and closing with q net gain of nearly two
points.
Manhattan, which sold to-day ex-divi-
dend of l per cent, recovered the dividend
and another point besides. The Changers
were less active than of late but mani
tested strength, Chicago Great Western
leading In the Industrial list the spirits
stocks. which have advanced much less
than others in the current movement
showed sharp gains, the preferred rising
a point The other leading industrials. in
Guiding Sugar, Tobacco, Leather prefer
red. Lead and Rubber, showed a some
what hpaVV oil II
changes, except Tobacco, which lost over
a point. Western Union gained over a
point ana the common and preferred
stock Of Pttsburg, Cincinnati, Chicago
and ST. Louis over two points.
me exchange market was weak and
duI. especially that for continental ex-
change. and il rs evident that any mate
rial hardening of the local money rate will
result in prompt imports of gold
Inc total sales of stocks to-day were
60l,Sl8 shares, including Atchison. %. 800
90 preferred, H,750; Chesapeake and Ohio
26,225; Chicago, Burlington and Quincy
z, 25o; Louisville and Nashville. I6350
Manhattan L., ex-dividend, $3.50; New
York Central. 6,025; Northern Pacific &
6l5; do preferred 1920; Ontario ana West
ern, 1859; Reading p, 100; Rock Island
l,420; st. Paul, 25,165; ST. Paul and
omaha, 5,2S5; Southern railway, 5,295: do
preferred $3.50; Texas and Pacific 5g5
Union Pacific, $3.50; Union Pacific. Den
yer and Gulf, 15S15; Wabash preferred
1920; American Spirits S,735; American
Tobacco, l79O; Bay State Gas. 10. $50; Chi
cago Gas. $3.50; Consolidated Gas 5.7l5;
Sugar. $40; Western Union. 10 .6e8. on.
cago Great Western, "a. 800 To-day's mar
ket for railroad bonds was less active ana
only steady. Total sales. S26OOO00. Uni
ted States IS, coupons. sold al ii4sl.
New York Closing Stocks.
Atehison .'''.'.. l6h do do pref. 1874
DO pref ...,..-. % st. Paul ..... .1Oih
B. O......... 1874 do pref . 145iZ
Can. Pacific 49,. "A list. p. g. Ono. 88-
Can. Southern. 81 do do pref In
Central Pacific. 1917 St. j. M. a. M 123
Ches d Ohio. &sSo. Pacific ..... 2lM
Chi. & Alton ....16l SO. Railway 12iS
Chi, B. & Q. .10lIkl do pref afM