The morning news. [volume] (Savannah, Ga.) 1887-1900, 1899-01-14
PAGES 8 10 10.

New York. Jan. 13.-Money on call was
steady a 24Q2i5 per cent; the last loan
was at 2le per cent. Prime mercantile pa
per, Sa3A per cent. Sterling exchange
hrmer with actual business an bankers
bills at $LS4aaQ4.S5 for demand, and az
$SSQ4 S3A for sixty days. Posted rates,
A.S&QAS5i4. Commercial bills, A.S7Ql.S7lA.
Silver certificates nominal 59lad60izc Bar
silver, 59i4c. Mexican dollars, 41c. Govern
ment bonds were strong; state bonds were
strong; railroad bonds were strong.
New York, Jan. 13.-Total bank clear
ings for week, 81 O95 620370; per cent, in
crease, 3i.5. Exclusive Of New York, S66l,-
9S2 nj per cent. increase, 1916.
New York. Jan. 13.-Stocks again made
further progress upward to-day and in
some cases the advances were consider
able. Transactions in stocks We're over
100000 making the third 1000 000-share
day this week, while on the other two days
trading was but little short of the 100000
share mark.
Transactions so far this week have ex-
ceeded those Of any similar period in the
exchanges history. London, in
the early trading, was pur-
chaser but subsequently the pre-
ponderance OF the arbtrage deal
ings was sales. There was an hours de-
lay In transmission of cables, and this
largely restricted the foreign transactions.
purchasers i'm the general list.
Interest frequently huctuated from one
stock 10 another, and when any stock
started upward a following continued the
rise. The reduction In the floating supply
IN the prime division paying stocks and
their attendant higher level led to renewed
interest in the lower sriced stocks.
There was a large demand for the STAN
ard stocks. the Changers and New York
Tal
and St Paul made the best prices ia years.
Burlington made an extreme gain of 2ss,
on expectation that the December state-
ment would be very favorable. This state
ment, however, is not due for two weeks
yet
The greatest rise of the day was made
by New York Air Brake, 10 points, while
Rennsslaer and Saratoga was a good sec-
ond, with points advance. The confident
assertion that Brooklyn Transit had ac-
qured control of the Nassau Electric Rail-
way resulted ian an extreme gain of 5A for
Brooklyn Transit, most OF which IL re-
tanned. Manhattan, on further reports re-
garding electric equipment, advanced over
2 points. Sugar rose 3 points on the report
that a new trust was TO be formed. taking
in that company and number of the in
dependent refneries, but a denial of the
rumor as far as it concerned some of the
interests mentioned, resulted in a partial
reaction In the afternoon the speculative
leaders became dun for awhile, but a re-
sumption of enormous purchases in the
Pacihcs was accompanied by an increase
| of business In the rest of the list Profit
taking toward the end rendered some
| stocks decidedly weak, while generally a
good tone prevailed.
Bond prices generally moved upward,
with some usually neglected shares figur-
| ing prominently IN the market. Total
sales were 100000
United States new As coupon advanced
| H. and new As registered the IS and the
old As coupon a in the bid price. The total
sales of stocks were 1033.4 400 shares, in
Guiding $500 Atchlson, p. 100 Atchison pre-
ferred, 36,520 Central Pacific, 1906 Chesa-
peake and Ohio, $3.50 Chicago Burlington
and Quincy, 6.74l Illinois Central. 1880
Louisville and Nashville IS, 020 Manhattan.
81, $50 Reading first preferred, 1900 Mis-
souri, Pacific, $500 Missouri, Kansas and
Texas preferred, 1880 Northern Pacific.
1890 Northern Pacific preferred, 1920
Reading, 1920 Rock Island. 1920 Union
Pacific, 81 ,120 st. Paul 37,400 Southern Pa
clfic, SO. 400 Southern Railway. 25 400 South
ern Railway preferred, $3.50 Union Pa
clfc preferred, 26OS0 American Cotton OIL,
$3.50 Bay State Gas. $500 Federal Steel,
$500 Brooklyn Rapid, $500 Lea A,10O
Pacific Mail. 69250 Sugar 5,42O Leather
preferred $3.50 Chicago Great Western.
NaU Yorlx Closing gfOcks