The morning news. [volume] (Savannah, Ga.) 1887-1900, 1897-06-22
PAGES 8 TO 10

Z
can dollars l7asc. Government bonds
were firm; state bonds were dun; railroad
bonds were firm
New York. June 2i.-The Evening Posts
| financial cablegram says: The stock
markets We're idle to-day. the singing of
the national anthem taking the place of
! business Americans We're steady and
closed a the best There was less de-
mand for gold ard the price is rs 1i4d.
Paris and Berlin markets were feature
| less.
New York June 2t-The efforts of pro-
fessional traders to work reaction In the
| buIl stock market again proved abortive
to-day aud the result of the days trading
shows net gains in the majority Of stand
ara shares. The recent order of things
was somewhat reversed when the sagging
tendency of prices which came early in the
| day, and IL was overcome later by the
rally Perhaps the most omnous circum-
stances OF the day was the fact that deal
ings sunk into a condition of almost
apathy with prices tending upwards. Dull
ness on decline Is the technical evidence
OF an undertoie Of strength. Dizziness on
a rise Is the evidence that prices have
reached a stage where dealers do not care
to put money into them as a speculation.
There was, however, no pressure to sell
| stocks. The lower prices at the opening
came in face OF some slight improvements
in London, where, however the dealings
were almost stagnant. Later IN the day
London was buyer and was a factor In
ralyng the market The effective instru-
ment Ia effecting the early decline was the
talk Of large gold shipments later in the
week. To-morrOWs shipments were not in
creased over the 81, $4,000 announced last
! week. The tone Of exchange was firm,
but the market was 50 exceedingly quiet
that apprehensons as to the volume OF
exports subsided to a large extent. The
quletness Of exchange was attributed part
~ to the jubilee holiday in London. II Is
believed that a shipment Of gold quite
large dimensions will be made be-
fore the end of the week. The immediate
impetus to the rally in the market came
from the strength in the VanderbiIts This
commenced IN Northwest on the talk
OF the progress being made In the plan to
refund the bonds Of this road in a way to
benefit the stock. The Improvement in
Omaha was due 60 sympathy with North
west. The favorable showing OF New York
Cehtral Tor the quarter with a surplus
earned OF $236O00 against deficit for the
same period last year of $l07,O02 broadened
the demand for the Vanderbilts and prac-
tically al the members OF the group ad
Vanced, and the whole market was synpa-
theucaliy affected. The rise from the ear
~ low point In Omaha was az: Northwest.
~ new YORK Central, Ia; Canada South
efn a point, and Burlington, ST Paul and
Rock Island a Large fraction. New York.
New Haven and Hartford gained
over the lower point. Northern Pacific
preferred was largely dealt in and after a
decline OF x, rallied above Saturdays close
on the belief that the election Of Daniel
Lamont representing the Hin interest 10
succeed President Winter had been deeId-
ed upon. Sugar lost 4 on the day after
huctuating over a frac tlonaI range ouita
erratica.ly. Chicago Gas also recovered
practically all Of an early decline of III.
Rubber preferred dropped "a and Consoli-
dated Gas "a The total sales Of stocLa
to-day were l74.576 shares including Amer
lean Sugar Refining q 800; Burlington. ia
800 Chicago Gas 1890: Northwest 5000.
Northern Pacific preferred 1900; st. PAM
lZSV' western Union 5000. Trading in
bonds was quiet but values steady. The
aggregate sales were $i,2S40OO. Govern
ment bonds continued 20 move up on light
purchases. The transactions were 50 COO
Closing Stocks.
Atchison ........ II ont. & West 14tk
ADAMS ok ......l5O Ore Nav ...... "a
Alton, T. H.. go 10. s. l.. e. n NJ 17y
american lex IN Pacific Mail -. 29K
Baltimore a. o. 1OhiP Dec e. ~
Canada Pac 81 iPittsburg -, ia
Can. south ..... 5Oh Pull Palace 80. 1917
Cen. Pacific ... 10 iReadinQ sfI
Ches. Ohio. l7kl Rio G. West T9it
Chicago Alton 1is do do pref aeiz
G., B. & o.. SLY Rock Island 80. 7O6s
Chicago Gas -. 500. list. Paul ...... 7sal
Noi. Gas .......l6Bhl do pref ........l3s&
- " ~ A'' - u. =. ~ O..-..... 81
Col G. I...... 1 do do pref .....142
Cot. oil Cer.... llh South. Paeiic, *
Del. Hudson ..iO7h Sug. REF 49,. tosik
Del, l.. & W...f52 Tenn. q e ~
Den. e. Il. @ pr. Al Texas Pac -. 10
Erie ............. IA T. q .. Cen pf 10
10 Isl pref. 32iz Union Pacific . 6iL
do End pref 80. 1872 u. g. Express "a
TT. wayne .....1G5 W., ST. L. d p gik
~ ~, Sorth, pr I'D DO do pref..... 1854
| Chl. q y. ILL., pr. 50 Wells +. Ex..,1O4
Iioon' Naliey - z12I west. Union -. S2H
H. central zee. @lz Wheel l.. E.. u
81 +. q Do. Pa do do pref......
K. a. T. pref. 3lhi NJ & st. L.. "a
L. Erie a W.. liA Den. a. r. ca. 1857
DO DO pref. 66 Gen Electric - 227s
take shore LII Natl IAnseed =. 12is
Naa trust '''.' zslel Col. Fuel a. L.. 1917
Z. a. " ......... 4y5sl do do pref ~ ~
!. q \. Ann. AT. 81. l.. a X. c. 81
Man. Con ...... H3kl do do pref teiZ
Mem. q Char. Is Southern ~
Mich. Central q. 99A do pref -. 2sx
NO racine 80. lsA Am. Tobacco -. 1914
~. ~ Cnio .'''''' ~ 40 pref ........10lil
Nash Chat ..... 6g Am. 7. a. c. Co. 70
~ J. Central. - Com. c. Co....17O
" q west pref = Am. Sug. +. pf. 1864
y. Am No,,'''' - y. >. RUBBER. 1874
North. Pacific iilk do do pref 49,. 80
do do pref ... ii9s Cot. s. on pref. eln
q. r. ID. q O.. lM Am. Spirits io7z
II. $. l.. pref. $50 do DO pref. 8oH
Southwestern III ore. X. a n. pr 50
do pref .......i58 lP. G. G. q ST. L.
N. Y. Central. .i0iia' pref ......... "A
n. Y. q y. E.. 81
Bond List.
U.s4s,regCnew) l2iA.B. &. o. s. w.
do is,cou(new)i25 inc. secries A IL
do 5s, reg ...".lh lB. q O. s. w.
90 o. cou .....,ll4 inc, series B !. n
do As, reg ....lllh Erie ends ....... e6K
do a.. cou ....1i3 %. H. g. 8. A. Ga iOtiL
do %. reg ..... 1854 do IN ............ e7iI
Pac. 6s. '95 ....i0iiA n. a. r. c. Is fiiZ
Ala, class A ...i07izl do IS ..........10i
do i .........l01alM. X. 7. LIST Is D.. sex
DO ...........lOO do End a. ...... 81
do currency ..l02 Nut. Union IS .. 107
La new cons.,ls s5ialN. j. G. gen. 5s III
Missouri o. .....10O NO pac. lists =. 1874
". G. 0s ........l25 do ends ........ SEX
do Is .,........i0f ~ W. Consols d. li5
,. G. Non-fund Ell do $. II. deb IS ilB
Tenn. new set O. 50 Rio q. West lists 7Gn
DO o. ..........l05 81. r. Cons, a 1851
do old 6s ...... 60 do C.& p.W. IS III
va. Centuries 6ihstL.& I-M.G.5s 50