The morning news. [volume] (Savannah, Ga.) 1887-1900, 1900-03-27
STOCKS AND bonds.

New York. March 26.-To-day's stock
market made O remarka BILE demonstration
of strength in the prices OF securities, and
of absorptive power in the face OF the
enormous liquidation of profits. Sharp
reactions from best prices were made in
many stocks and others which have been
the recent favorites among Spectators
for a rise were heavy on realizing OF prof
its throughout the day, but the general
level of prices were decidedly higher on
the day, and a very heavy aggregate
of stocks were marketed.
Dealings We're more or less congested
in the usual leaders of Stock Exchange
movements but there was very broad
market for usually dormant stocks, some
of which have not made their appear
ance in the records of transactions for
many weeks past. London was an eager
buyer in this market, and while there
were sales for that account to take
profits where recent advances have been
considerable, che disposition of the for
eigners seemed to be to roinVest their
profits in other stocks. They We're free
sellers of Norfolk and Western and of
Baltimore and Ohio, but the purchases on
London account of fully 10000 shares far
unbalanced the sales.
The commission houses had large orders
TO buy which had accumulated over sun
day. and the professionals took adVan-
tage of this demand TO market their hold
ings. This coupled with the weakness Of
the local traction stocks, Sugar and Peo-
pies Gas turned prices back before the
end of the first hour, but the buying con-
tinued in uuaba ted volume and carried
the market upward again. Later in the
day when the buying orders had been
executed and realizing developed in the
trunk lines, the market went off again.
The final rally did not bring prices back
to the best, but 1t made the closing firm.
DOL III
reme 5sI. and at one time crossed the
preferred There was very heavy realiz-
ing in the other trunk lines under cover
of the rise in Baltimore and Ohio. Spe-
cial strength and activity was shown by
a number of the low priced Southern and
Southwesterns the Pacifics. some of the
coalers, both anthracite and bitumnous.
The movement apparently was based on
confidence in the general outlook. A
marked falling off was reported in the
quantity of cotton bills offered In the ex-
change market
The bond market continued broad and
active and higher, prices we're made for
most bonds traded in. Total sales, par
value, 100000.
United States S's coupon advanced y.
do registered Il, and the refunding rs,
when issued, declined p in the bid price
The total sales of stocks to-day were
1.02S.500 shares. including Atchson, TOTO;
90 preferred $500; Baltimore and Ohio,
$50; Chesapeake and Ohio, 1850; Chi
cago Great Western, 1870; Burlington
and Quincy. $3.50; Rhode Island, 90. 1893;
Denver and Rio Grande, 1850; Kansas
City. Pittsburg and Gulf, 500; Louisville
and Nashville, 1865; Manhattan. II. $50;
Metropolitan, $3.50; Missouri Pacific, AZ
80; Missouri, Kansas and Texas prefer
red. 1l,450; New York Central i, $780, Nor
folk and Western, 1910; Northern Pa
cific, 29150; do preferred. TO- 400 Ontario
and Western. 1897 Pennsylvania, 5O,695;
Reading, 500; do first preferred, 1850;
do second preferred 6.O00 st. Louis and
Southwestern preferred, 1920; St. Paul,
n,O35 Southern Pacific. 113, 40; Southern
Railway, 1890; do preferred 9035; Texas
PACING, 500; Union Pacific. 60, $50: do pre-
ferred, 1880; American Sugar and Refin-
Ing, 500; American Tobacco 1O. 900: Brook
lyn Rapid Transit, 20, 40; Colorado Fuel
and Iron. 6,675; Peoples Gas, 13,725; Sugar,
2S $40