The Savannah morning news. (Savannah, Ga.) 1900-current, 1900-09-12
STOCKS AND BONDS.
No Important Renewal Of Interest 1,
Securities

New York. Sept. il.-There was isrr,l
change at the opening OF the board n
morning than for several months pav
This was partly due 10 the returning i8al
from summer vacations. but there seouell
TO be an expectation among brokers anil
operators. which was not realized ,hs,|
some renewal Of Interest lu securities vi
about to be shown. London bought on 4
moderate scale here. that market bs.ss|
encouraged by continued euse OF mousvl
and this helped the recovery from Asl
opening decline here
The enthusiasm OF the professional
traders was short lived however Thssl
created slight furry iu the calers
marking M New Jersey Central "a anl|
Reading LIST preferred "a point on 'hsl
prevalent belief that way will be fons,I|
TO adjust differences OF the miners arl|
coal operators. There was some short 90.
ering In Sugar. Peoples Gas and Brook
Ign Transit. these three stocks MAINTAIN
ed their conspicuous position 10 h.|
trading. Later there was some demanl|
for Southern Railway preferred anfl
Louisville and Nashville. seemingly hasoil
or the immunity of their cotton terrlio-
from damage by the hurricane Thenl
were Isolated movements IN United stated
Leather preferred. General Electne. Coo
RADIO Fuel preferred. Chicago ana Eastea
Illinois. Cleveland. Cincinnati and 81
Louis preferred, and Chicago Great IVES \
ern preferred. These Were az gains ~.
cept for Chicago and Eastern Illinois
The better comprehension OF the extentI
OF the Texas disaster and ST. Paurs d.
creased earnings proved depressing "a
tors and helped to overcome the early 40.
vance. Missouri Pacific. Missouri Kansa
and Texas preferred and Kansas Ciiyl
Southwestern were an weak Otherwlss|
the railroads affected IN that terriiorrl
moved narrowly. This was true. IN God
Of the whole list and the nnal mle.s|
showed very few important net changes
A stiffening of the rate for coll l0a,s!
to per cent attracted attention 70 II
possibilities Of q money squeeze during Il
autumn. The rate fell back 20 ~ 81
cent. when the banks came into the siosS
Exchange with their unplaced hslancsl
late IN the day. The prevaien, case n
money Is evidently due to the exeeefinglr
scanty demand and any active speclll
ton will probably make rapid luroads uF-
on the resources Of the hanks IL Is polni-
ed out that the surplus OF the associated
n'hAN - N1fttutEalet IN very rev re-
stitutions. While the total surplus ~
serves of the sixty-three clearing hous
banks on Saturday amounted 20 over S.
eo.o0 more than 100000 % surplus casa
over the legal requirement was he'd b.
single Institution There was rather
sharp recovery in sterling exchange r.
day, which gave point to the suDpl.iflos
that yesterdays decline was partly dee
10 short selling and to-1av'e supply =
cotton bills was inadequate to cover ths
shorts
Kansas City Southern threes rallied 2.
Otherwise the bond market was wiihog.
any feature. Total sales, par value Ni4-
O00
United States old fours advanced s. aoi
the threes registered. y and do coupon :
In the bid price.
The total soles OF stocks were iAsa
shares. including Louisville and Nasavillh
e,e9s Reading. first preferred. 1859.
Union Pacific. $3.50: BROOKLYN Rspai
Transit, i2.iso; Peoples Gas. i26o sugar
1900