The morning news. [volume] (Savannah, Ga.) 1887-1900, 1899-08-09
STOCKS DULL
Speculation Was Lively i'm "A Few
stocks, hut the General Marke e
Was Quiet.

Speculation Was Lively in "A Few
stocks, hut the General Mark ct
Was Quiet.
New York, Aug. S.-The stock market
was duh affair for the greater part of
the DAY, drifting aimlossly within mar
row range. Some strength was shown by
a few isolated stocks throughout the day
under the influence which was not disclos-
ed by any published news. This persist.
cnt strength in some spots seemed to
arouse the apprehension of the bears in
the last hour OF the market. The manner
IN which prices were marked up in the
late dealings indicated a good deal of d
scramble by the shorts 10 cover their
contracts and awakened more appearance
of animation ana strength than has been
seen n the market for some time.
The higher prices for Americans made in
London We're without much effect and
they were for the most part nominal. and
London sold from 1900 to 5000 shares
here after The opening Strength kept
cropping out at new points as the day pro-
dressed.
There was early strength in Anaconda
and few of the speclalies. but a period
of reaction followed under realizing in the
Tobacco and Kansas City. Pittsburg and
Gulf Then the Minneapolis and St. Louis
stocks rose as and 81 IL pecUvelY. There
was late movement in the coalers which
lifted them from l to 2i2. with notable
effect on the whole list
Other stocks showing notable gains were
Consolidated Gas 4a4, and Pacific coast
second preferred 25s; Tennessee Coal, col
orado Fuel, Peoples Gas. Brooklyn tran
sit, Steel and Wire, Linseed OIL preferred,
and few less prominent stocks advanced
a point. very strong upward movement
IN sugar. from l59ls TO 1924, was the de
csiVe influence in the late strength of the
market, which closed active ana strong at
net gains in nearly all cases. The tone
OF the money market was called rather
easier, the rates Were moi quotably chang
ed. The hardening tendency of London
discount stu continued, but the money
rate at Berlin was a fraction lower and
STERLING exchange there adVanc-
ed, showing relaxation of the
tension at that point, not
outstanding that the Bank of England
continues TO make demands upon Berlin
for gold.
Sterling exchange here continued its
downward course and confidence grows
that gold VIII come from abroad if an
emergency here demands ILL., The free Of
fernss of funds from outside sources in
the New York money market Increases the
belief that small demands will be made
upon New York for money to move the
crops. There were tate reports of weak
ness in the London market for silver on
account of the importatious from Chill.
Kansas City, Pittsburg and Gulf hrsts
reacted in sympathy with the stock. 9th
erwise changes were small and mixed.
Total sales bonds 81, 800 900. United States
bonds unchanged on bid quotations
The total sales of stocks to-day We're 2S7. -
100 shares including Atchison preferred.
1886; Chicago Burlington and Quincy
1850; Kansas City, Pittsburg and
Gulf, 1,510; Minneapolis and St
Louis, $3.50; Northern Pacific
1920; Minneapolis and st. Louis
preferred, $3.50; Reading first preferred,
1860; St Paul. $3.50: Union Pacific pre-
ferred, CO.'S; American Tobacco, % .231; ;
Continental Tobacco 1885; Northern
American 1000; Sugar, 1850; Tennessee
Coal and Iron. 6735.