The morning news. [volume] (Savannah, Ga.) 1887-1900, 1899-08-17
BEARS STILL AT WORK.
stocks Forced Downward Whenever
Chance Was Permitted

CONcIGu contracts on the snort SlQe- L mere
was a fierce contest in. the early dealings
to break prices further, the bears contin-
uing to center their attack on Brooklyn
Transit and the local traction stocks 9th
er members of the group proved more
vulnerable than Brooklyn Transit, in
which powerful support by inside inter
ests was forthcoming. while Metropolitan
Street Railway and Manhattan yielded
easily.
The best efforts Of the bears only car
ried Brooklyn Transit shade below yes
terdays figure, and friends of the stock
were apparently ready to take all offered
The continuance of the aggressive bun
movement in American and Continental
Tobacco and strength in United States
Leather helped to the discontinue OF the
early bear movement.
When appearances began to indicate
that the bear campaign was abortive
there was a movement to cover. The
strength embraced a very limited portion
of the general list, add the high-prlced
railways continued neglected and rather
heavy. Railroads in the Southern region
were generally strong on the generally
good business conditions and industrial
expansion in that region. Louisville led
on account Of the reports of large earn
ings for that road and rose an extreme
rs. the declaration OF a ! per cent diVi-
dend on Chesapeake and Ohio stock, the
first in the history of the present COM
pany, helped the movement. AtchisOh
preferred was strong on the reports of
continued large cutting down of operating
expenses.
The condition of the money market here
showed an easier tendency again, and
some New York banks were reported TO
be bidding for commercial paper for the
first time in several weeks. Sterling eX-
change rose in sympathy in spite OF the
continued hardening tendency of money in
London.
The late raid by the bears to-day came
! with the appearance of realizing sales in
! the tobacco stocks. They attacked those
/ stocks. wiping out the earlier gains, and
| forced Sugar down TO Isl and other In
! dustrials less amount Meantime South
ern Pacific continued its advance to g.
7 This made the close active and very ir-
regular, the railroad stocks which have
| advanced yielding only a small fraction.
| The majority Of stocks, however, are low
! er.
| lar.
Total sales, $2,159oOO. United states new
! As advanced 4 and the old As registered
| Is bid per cent. The total sales of stocks
| were SIS 600 shares, including AtchisOn
| preferred IS $50; Central Pacific. ii $50;
! Chesa pealSe and Ohio, 6,575; Chicago Great
/ Western. 5.400; Burlington 1880 Rock
| Island, $3.50; Louisville and Nashville. TO-
! 40; Manhattan, 6S6S; Missouri Pacific,
| $50; Missouri, Kansas and Texas pre-
/ ferred 800; Northern Pacific $3.50; St.
/ Paul. $3.50; Southern Pacific, Ga, 07O South
/ ern Railway, 13,1OO do preferred, 24,S7G;
! American Steel and Wire. $3.50: American
! Tobacco, So 475; Brooklyn Rapid Transit,
I So GS5; Continental Tobacco, 0.240: do pre-
/ ferred 1865; Sugar $3.50; L. S. Leather,
I 2G, SEQ; do preferred, 1870.
/ New York Stock List.
] aph l. 4 ROT
do pref ........ 644lT. & Pacific. POS
| B. & Ohio ..... 40 L. Pacific ana. 44i4
! Can. Pacific 90. 9jl5' do do pref Gee. Il
/ Can. South So. 50 Wabash ........ "a
! Cen. Pacific zee. 56l4l do pref ........ 223s
! c. & Ohio ...... Nls Wheel & J.. E.. 1914
/ Chi. CT. West. 15hl do do End pr. "a
/ c., B. & @ ....136is Wis. Central 16
/ Chi, Ind. & L.. 9l2 Adams Elk ......1lJ
do do pref go. Al American FIX .1H
| Chi. & E. III. 1872 L. 5. Elk ....... 81
| Chi. & Northw 1907 WE. Elk ......128
| G., r. I. & P....1177s Am. Cotton Oil. Az
| c. c. C. & st. L. 56Izl do do pHef zee. %
| Col. South ..... Am. Mailing 1874
! do do LIST pr. 453i do do pref zee. 66}.
do do End pr. 17i2I Am. S. e. r.. 4iA
! Del. & Hudson 123l5i do do REF .... 9lA
| d, L. & W.....H5lz Am. Spirits .... SO
! Den. & X. G.. zig do do pref .... 3
do do pref zee. 76 Am. Steel Hoop. 37i2
| Erie ............. 1872 do do pref .... s2i2
do LIST pref .... 36A Am. S. & Wire. JSal
| Ct. North. pref 1867 do do pref .... %
Hook. Coal -. 1871 Am. Tin Plate. 424
/ Hook Valley O.. a do do pref .... 50
/ H. Central ....114lz Am. Tobacco ...122sl
! Iva. Central e. 4IaI do do pref III
do do pref 571a Ana Min. Co.. 5Gii
/ X. c., F. & G. y Brook. r. ..1O94s
l.. Erie & W. q Col. +. & Iron. 523i
do do pref zee. 50 Con. Tobacco o. 4SH
/ L. Shore ...... 20lL do do pref 3D.. 97i2
/. & n ........ TIA Federal Steel e. 53j2
! Man l. .. liz do do Dref g .