The morning news. [volume] (Savannah, Ga.) 1887-1900, 1899-11-30

numerous published reports and rumora
of consolidation of the control of tho
great trunk lines. Those favored with adj
vance Information of such project would
naturally be sellers, when the news be-
came public property and brought in out-
side buyers.
A good proportion Of to-day's outside
buyers thus lnvited operated by cabled
orders from London. Americans shared
In the general strength on that market
on account Of reports of British military
successes against the Beers. London
buying was also attracted by the publi-
cation Of the current reform measure to-
be pursued by the dominant party at the
coming session Of Congress- This buy
ing for London account was the MAIN
stay of the market and spotty strength
displayed here and there by individual
stocks, many of them very obscure kept
the market firm in face of uneasinsss
over The money outlook
To-morrow's holiday also prompted
some closing up of short accounts, wh.le
I4ondons buying was the main support
ing factor, the hardening of the London
money rate and the fears OF an advances
in the Bank of England rate tomorrow
discouraged operations for the long ac-
count. The demand for money kept the
rate at per cent and above until IL he'd
been mostly satisfied. when II fell below
4 per cent in the last dealings and the
sub-treasury's disbursements on account
of the bond redemptions were consider
ably below s2,00000 and the treasury
statement from Washington showed the
days revenue receipts nearly S.700001 In
excess Of expenditures.
AS this Is the last day for which the
treasury department offer to redeem
bonds holds good, the total disburse-
ments for redemption are but little over
half the amount Of the total offered. tl1e
feeling Is general in Wall street, however,
that the period of the offer viii be ex-
tended and a safety valve against PRES
sure OF money rates thus supplied. Al
further decrease in New York exchanges
at Chicago to thirty cents discount
against twenty cents yesterday was a
downward movement In New York ex-
change at other domestic centers. were
against the supposition that New York;
is gaining this week ON the interior cur
rency movement as was the case last
week. Fractional net gains are the rule
in stocks and they rise to a point or over
only in a few exceptional cases.
The bond market was quiet AMI prices
showed some Improvement as the day
progressed. Total sales par value $685.
900.
u. s. 3s advanced X on the bid price.
Total sales or stocks were 589,5O0 shares,
including Atchison 1900; do preferred 15,-
10: Baltimore & Ohio 7.477; Chesapeake a.
Nashville, $40; Manhattan, l7,1E0; New
York Central 6.17S; Northern Pacific, 49,
$50: do preferred, 17.257 Pennsylvania,
p $50: Southern Pacific, u. 100; Southern
Railway, preferred, $3.50; Union Pacific.
1900; Federal Steel, 1A762; North Ameri-
can, 6,i0; Sugar, 1900; Leather, 22,4SO.
New York Closing Stocks.
Atchison ....... 2sh Texas & Pacific. 1874
do pref ....... 663s Union Pacific =. 50l4
Bait. & Ohio $50 do pref. ........ TN
Can Pacific -. 9i15 Wabash .........
Can. So ........ 81 do pref. ........ 22az
Ches & Ohio :. 30sslWheeL & L. E.... 11as
Chi G. W. .... 14%l do End pref. -. 30
Chi b. & o.. 1885 Wis. Cent. 80. 20z
Chi Ind. & LILO Adams Express .1l2
do PREF - 81 Am Elk. ex-div145
Chi & =. H. 96M United States =. 4SM
Chi & NV . 1851 Wells Fargo ....1H
C. r. l. & p. .1iSIa Am Cot. on -. S7M
! G. &C. & ST. l.. 633t do pref. ........ 81
Col. so. ......... 6iAAm. Mailing -. 10
do let pref j.. As do pref. ....... 40
! do 2nd pref . 1874 Am s. & Refng. 4oiG
ID. Il II. ex-diy.120h do pref. ....... 9lM