The morning news. [volume] (Savannah, Ga.) 1887-1900, 1897-07-14

firm. with actual business in bankers bills
AT &.S7Q4.S7A for demand and at StS6gi
1854 for sixty days Posted rates S4S7m
4s1is and AsSd4SSie. Commercial bills
S4.S5l4. Silver certificates 60Isc. Govern
ment bonds firm; state bonds we're dun;
railroad bonds were strong.
New York JaIy lS.-The healthy condi-
ton OF the security market to-day ,fas
due To various favorable influences of gen
erat effect. The ccalers easily responded
with rise extending to per cent to the
Lehighs election of Officers and to the
Harmony in operation extended to re-
sub. The judicial interruption OF the
proposed inquiry into the anthracite trade
under tn antitrust law enacted by the
last New York legislature not only had
Sood erect on the coalers, but strength
ened the whole industrial group. To-
days Washington rumoTS continued favor
aDIs 10 the refining interes, and 70 the ct
fect that compromise in the Sugar sched-
ule would likely be agreed upon The
suspension OF a house supposed 60 be
short ia carrying a large account for an
operator on the wrong side of a rising
market only temporarily depressed So
Sar. II is now supposed that yesterdays
sharp jump IN Sugar was partly due to
The knowledge OF this operators position
The announcement Of the failure caused
reaction in the market which carried
prices generally a fraction below last
nights close. The tiuctuati tons in sugar
were most erratic and wide, attended by
heavy covering of shorts. Hesitation en-
sued and then there was increased activity
and strength, The transaction in the
stock comprised total transaction IN a
stock over 5000 shares being sold. After
momentary decline at the opening the
stock sold up rs above yesterdays close
reacted 2ls, and then partly recovered.
closing al point advance over Yesterday
le47 CT 4
weather advices bettered the Changers a
sharp fraction. Susquehanna and Western
preferred, gained rs. Northwestern pre-
ferred, and Delaware and Hudson each.
Other stocks not hitherto mentioned
which recorded gains of a point or more,
were Tobacco, Canada Pacific New Jer-
sey Central, Minnesota and ST. Louis sec
ond preferred, Pullman, Rio Grande.
Western preferred. Leather preferred and
Oregon Short Line.
The closing was strong and generally at
the best prices which were a fraction
above yesterdays close. Marked excep--
tons were Brooklyn, Rapid Transit and
Des Moines and Fort Dodge, which closed
q to IA respectively below yesterday.
The total sales to-day were 3O2, e5S shares
including Chicago, Burlington and Quincy,
1852; Delaware and Hudson, sos; New
York, Susquehanna and Western pre-
ferred, 7,7l5; New Jersey Central 1913;
INSdulHS, GoiooVs tNIOQe lSldnQ, (sl4U, 81.
Paul, S4,56S; American Tobacco, L, 1856;
Chicago Gas, 1896; Sugar. 79,OS7; United
States Leather preferred, 1884.
Considerable strength was displayed
among a few of the industrial, but the
general market also displayed an improv-
ed tone on moderate purchases Business
was somewhat more general in the low
priced securities with lines of some recent
ly reorganized properties assuming promi-
hence. The aggregate sales were $1,170,000.
Government bonds were particularly neg
lected, but steady at yesterdays closing
prices.