The morning news. [volume] (Savannah, Ga.) 1887-1900, 1897-05-16


tai trading at the stock exchange to-day.
| The dealings We're about equally divided
between them. There was so little to en-
courage selling in Chicago Gas that the
motive for il must be attributed to doubts
of the value of the stock being equal TO the
price. There were evidences of heavy Ii
quotation based on apprehension that the
consolidation measure will fail in the IL
linois legislature and with it the arrange
ment for division of territory with rival
company. Stop orders were reached on the
way down bringing large blocks of stock
| on the sagging market. Sugar also showed
weakness through pending proceedings
against members of the company for con-
| tempt of the Senate, but recovered the
loss. The Changers also were subjected to
| special attacks by the bears on account of
| the weakness OF the wheat market. There
was little encouragement to buy in the
course of the London market, where Amer
leans were largely neglected and prices
were weak There was manifest apprehen-
sion, also, as to what phase the Cuban
question may have taken on by the time
trading is resumed on Monday. The i'm
| preston prevailed that the intentions of
| the administration towards Cuba were in
| formative state, with possibility of TAX
| ing on an aggressive tone. The Anthra-
cite Coalers displayed firmness, due to
covering of shorts over Sunday, and only
| trivial changes occurred in their prices.
The Gould shares also manifested a con-
tinuance of the strength they displayed
| yesterday, but it did not outlast the day
| and their prices declined in the latter
dealings involving them In net losses.
There was a general covering movement
at the close of the session which rallied
prices slightly, nearly all through the last
from * to y per cent. from the lowest.
Prices generally of securities are substan-
| TALLY lower than a week ago, but there
have not been lacking encouraging fea-
lures in the trading. The subsistence of the
| fears engendered by the war between
Turkey and Greece led to a notable re-
vival of activity in the foreign markets for
| securities and although Americans were
given less attention than other securities,
their prices in London improved and there
were many thousand shares bought in the
New York market for foreign account.
The subsistence of the buying from this
quarter was apparently due to New York
persistent failure to reflect the confidence
| manifested by foreigners in American Sc
curities.
Commission brokers lay stress upon the
dealings in bucket shops to account for
the loss of interest by the outside public
and the stock exchange is trying to stamp
out bucket shops by legal proceedings, and
to withhold the quotations from them and
from the public at large.
That she balance of international mer-
chandise credits was affected by the re-
cent heavy import movement is shown by
the April trade statement which reports
an excess of imports of merchandise
over exports of $25, 12S, 1874 But this sun
left, for the ten months of the fiscal year,
an excess of merchandise exported over
imports. of $299,S11 1884, with net gold inn
ports for the same period of $61. COS 751. The
enormous import movement seemed to be
in full force still, last week. but the weeks
imports of dry goods and merchandise at
| kfraHnv .arly cstaf Fa1 tr.tn al &c
This is still abnormally large, but is $2,-
623, 325 less than last weeks total. Net de-
clines of the week are general. The early
strength in the market resulted in gains
of over point in the Changers, Cotton Oil
preferred, Chicago Gas, Tobacco, Tobacco
scrip, Louisville and Nashville, and Leath-
er preferred Fractional gains being gener-
al subsequent declines established net
losses in most of these except Tobacco
scrip, which maintained its gain. Norfolk,
and Western preferred gained 3%; Street
Railroads broke u points on the reduc-
ton of the dividend rates.
The bond market was quiet during the
week and suffered some sharp declines
The undertone of the general market was
firm with purchases for foreign account
exciting quite a sustaining influence. The
dealings include large number of issues,
but the variations in the speculative liens
were trivial.
in and displayed general firmness with the
new tours gaining slightly. The total sales
of stocks were n, $40 shares including the
following: Tobacco LOO; Sugar 140OO Bur
lington, $500; Chicago Gas. 1900; st. Paul
$500; Southern preferred 1,100.
Bond List.
u. S. As, reg new 1925 Rich. & d. IS 81
do As, cou new 1913 Rich. & d. 6s .. 122lk
do 5s, reg ......113 s. & W. 1st mtg IS
do IS, cou 800. 1131s c. Pa. lists IS .1O21s
do As, reg ....110lA Den. & r. G. Is 40
do As, cou 49,. 1l21s do As ............ S7I5
do Is, reg ...... SO Erie ends ...... 62lb
Pacific IS, of '95 104I5G. II. & s. A. 6s 102
Ala, Class A ..1O7 do Is ............1lO
do ..........l06 II. & T. Cen. SIS 10
DO Z ...,.,...-..lOl12l do 6s .lW
do Currency 100 NJ. X. Il. 1st As =. "a
La. new con-, As 50 do Ends As 56
Mo. 6s ...........l00 Mutual Union 6s 1H
N. c. 6s ........l24 N. ]. Cen. gen IS 11Ok
do As ..........103 No. Pac. lists LII
5. c. Non-Fund " do ends ........ 52h
Tenn. new set IS 81 N. w. Consols ..1Ah
do IS 100 do S. f. deb IS 113
do old 6s ...... go Rio G. West lists 1874
Va Centuries -. 64J5 st. p. Con. Is .132
do pref ........ GA do CO P.W. SIS 116
Atchison As S0lz St.L.& I'M. G. IS 671k
do End A ....... 44s ST. L. &S. r. G. IS 111K
Canada Sounds l061sl Tex. Pac. lists ... 50
L. & N. Unhd As 1919 do ends ........ 20h
Pacific 6s '99 .lW3sl Union p lists '96 1929
District 6s '99 ..l09h West Shore As .109
S. c. 4Ias .......105 Pacific 6's '9s 81. 1914
Va. IS .......... IS ~ j. Cent con.
c. & Ohio As =. 1912 reg .............. 1O8sl
Mobile g. o. As o.. 661sI Chic. North.Pac.
3. o. 5. W. LIST IS, T. r. ........42
con. AIS .......iOO ". w. Gen 6s q. 100
y. g. o. S. w. N. W. Gen. 100
inc, series A i. 18 guar. IS ....... 6sIs
b. e. O. S. w. Phi.a. & Reading
inc. series y IL gen, mortg As. 500
Closing Stocks.
Atehlson ...... 1875 ont & West .13A
Adams Tx Ills lOregon Nav .... 10
Alton 4. H. ... so ore. ST.. & U.N 1874
Am. Express lib Pacific Mail ... q
Balt & Ohio .. 11i4l PEG. Dec. g. Eg u
Can. Pacific zee. "a lPittsburg ........1G0
Can. Southern. iGh Pullman Palace l57
Cen Pacific zee. s Reading ......... rs
Ches. & ...... 1875 Rio 9. West -. 1919
Chic. Alton Gee. 100 do pref .........30
c., y. a. Q. 80. 72h Rock Island ... 62ls
Chic. Gas ...... 79MISt Paul ...........72k
Consol Gas o.. l59 do pref ..........13ilk
{. G. G. &st. l.. 27at 81. +. & Omaha. 1914
Col. Coal & Iron Is do pref ........i8s
Cot. Oh Certih. 10 80. Pacific ..... 1lh
a