The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-04-08
PAGES o 10 10.


and there is a fair sprinkling Of gains
among leading stock Only small proper
ton of the sharp advance which came with
yesterdays news that the message was 20
be delayed until Monday was wiped out.
The professional bears showned no dispo-
sifion to renew their short contracts.
Neither was there any sign of liquidation
of long holdings.
The only buying demand was caused by
some slight covering of shorts and a very
limited amount of commission house buy
ing. The result was an almost stagnant
market. There was no development In the
day which awakened it from its lethargic
condition. That this dullness Is due 10 an
attitude of waiting was evident from the
sudden activity when II became known
yesterday that the Presidents message
was delayed, and when IL was supposed
that the delay Indicated concessions had
been made by the Madrid government. The
public impression in Wall street Is that
the undertoEe of firmness in the market Is
due TO some hidden motive generally sup
posed to be the expectation that Spain Will
yield 10 pressure from the European pow
ers, and from tho Pope and win concede
the demands OF the United States.
,To-day's small losses in the face of the
generally threatening aspect of the situa-
ton can only be explained on the hypothe-
SIS that a peaceful solution Is still hoped
for.
The situation in the money market Is felt
to be one fortified against even a severe
shock. Bank reserves all over the coun-
Try have been greatly strengthened. The
gold reserve both OF the government and
the New York banks Is large. unprece-
dentedly so in the case of the latter, and
Is constantly growing. large proper
ton of the payments at the custom house
are made In gold and the clearing house
balances are in great part settled in the
same metal. There is no immediate pros
poet of International exchanges turning
against the United States and until this
occurs there viii be gold imports to re.
plenish the money market. To-day's ad-
vance in the Bank OF England rate did
not check the engagements of gold, but
served to shift the demand somewhat from
London 10 Berlin. The rise in money IN
London resulted in a rise in the Berlin
and Paris rate of exchange on London.
The bond market was almost wholly neg
lected, but prices were firm. Total sales,
Si,050,000. United States new As advanced
/ per cent: the old Is registered u and
the IS q per cent. in the bid price to
day and the 2s declined Il per cent
There were sales Of the new As coupon
aq l22h, an advance of q over yesterdays
sale price. To-days last price was 122.
The total sales of stocks to-day were
800 shares. including Burlington, o..
us; Louisville and Nashville, 6,975: North
ern Pacific preferred, 9135; ST Paul. 2s,-
795; Union Pacific preferred, II, 955; Amerl-
can Spirits, $780, Sugar. 1913.
New York Closing Stocks.
Atehfson ....... 11sslSt Paul ......... s95k
do pref ...... 25% do pref ........143
BALTIC. Ohio. 16ihlSt. p. e. Omaha 70
Canada Pac -. 81 do do pref....145
Canada Sou 49,. 47MlSt. p. M e. M. 100
central Pac -. u So. Pacific ....... 1874
Ches. a. Ohio. 1885 So. Railway 49,. 7A
Chi. & Alton ...15 do pref ..... 2sA
Chi, b. & o.. $685. Texas & Pacific 10
Chi. & e. M. 50is Union Pacific :. 52zs
&C. c. & st. L. % u. p. ID. & Co.. 6as
DO DO pref. 78M Wabash ......... 81
Del. & Hudson 106 do pref ...... 15N
Del. l.. & Wis Wheel. & l.. E.. ia
Den. & Rio c.. 10 do do pref -. OK
do pref ....... a Adams Exp lido
Erie new $50. 1855 American EXP 12O
do LIST pref. 80 United States :. 3S
Fl Wayne .....1 6S Wells Fargo ....115
Ct Nor. pref LAB Am. Cot. Oh. -. 17l4
Hooking Val. :. 5isI do pref ....... 60
Illinois Cent -. 90 Amer Spirits .
l.. II. & West. 1871 do pref ........ 201a
do do pref..... SO Amer. Tobacco. 1914
Lake shore LIS do pref ....... lis
Louis. & Nash. 50 Chicago Gas 80. 80
Manhattan l. 98 Cons. Gas ....... l7h
Met Traction .140 Com. Gable Co. .150
Mich. Central .102 Col. f. & IRON. IS
MINI. & St. L.. 23i3l do do pref. 50
do do LIST pref. 80 Gen. Electric -. 32ik
Mo. Pacific ..... 2G9s Illinois Steel 80. 45
MOBILE q Ohi.. q laaClede Gas 42ls
M, n. q I..... lOt2Lead ............. 3OA
do pref ........ 32la do pref ........102
Chi, Ind, & l.. z Nat. Lin. On..,. IA
do do pref -. % Ore Imp. Co... 27h
N. j. Central. 81 Pacific Mail -. 2i34
". Y Central. lily Pullman Pal liz
N.Y.C & ST. l.. 70 Silver Cert 800. S.
do do list pref. GO Stand r. & t. 81
90 DO "a pref 70 sugar ........... .ll9A
Nor e. West. 1234 do pref .fOS
do pref ........ 45h Tenn. c. & Iron. 20ik
No. Amer. Co... 5hIU. $. LEATHER. 59s
| NO. Pacinc 2S4s do pref STA
do pref ....... 62l5lU U. S. RUBBER. II
Ont. & West. 14ls do pref ....... 66
Ore. X. & Nav. IS West. Union -. ssA
Ore. Short Line 27klNorthwest. ......11y
flttsDurg .....-.lbS do. pref .......1722
Reading ........ 165sst. L. & s. w.. AZ
do LIST pref S9A do pref ........ 97s
Rock Island -. sJ%R. @. W.. %
| ST. l.. & s. r.. ga do pref .. 81
do do 1st pref. So Chi CT. West. 10ss
do do I'd pref. 25l4 Hawaii c. C. Co. "a
Bonds
u.Ssnew 4s,reg.. .12llsNo Pac. 1sts....11
| do coup .......122 do 3s ........ 5sZ
=, .. IS ...'.'.'...'lVS do Is ............ 1914
10 coup ...''..liV12i N. 4 ~. * StL.4S.101
do Ends ........ 81 Nor. & w 6s.-J
u. s. IS, reg. ..11i% Northw. cons ...142
do 5s coup ..1llAI do deb. IS lis
District 65s....1l5 20. Nav. lists ..1l5
Ala. class Az. lOS1@lO Nav. Is .. 80
do y ...........18 o. S. l.. IS, [. r. .120
do G ........... 30 10. $. l.. IS, I. r. 100
do Currency 80 20. Imp. lists, {. rios
Atchison As ..... S7i4ll 90 .....,1 =, Sc on
! do adj. As 49,. 50 Pacific SIS Of 49, 100
I Can. SO. ends. 106 Reading As 49,. S0ik
Chi Term. 4s.... 50 r. G. w. 1sts... siIz
| c. & Ohio IS. 1l3iASt. L. & Ir. NJ
| c. II. & D. 4iAs con- IS ........ s7is
old. 10i9slSt l.. & San F.
| ID. & r. G. lists. tOS Gen. 6s ......116
ID. g. r. G. As. 9OlslSt. p. Con. ......1iO
Il. Tenn. lsts ..1Os St.P.C. & p. 1sts.11
! Erie Gen. As 80. 70 do IS ....... .1l4lh
+. w. & ID. lists, So. Ry. IS ..... S9ia
I. r. ...s........ 81 s. Rope & T. 6s... "a
Gen Electric $500 7. new set IS 81
G. II. & $. A. 6s.102 n. p L. G. lists. 80
do ends ,......iO3 do Rg. ends =. 81
II. & T. G. 5s....1l0 lUP.D. & G. lists. 53ik
do Con. IS ....10S lWab. LIST IS .107A
Iowa c. lists 49,. Fll do ends ....... 77ll
| La new con. As 97iklW Shore 4s 106