The Savannah morning news. (Savannah, Ga.) 1900-current, 1900-11-25
STOCKS AND BONDS.
The Closing Active aud weak Near
the Lowest for the Day.

The Closing Active aud weak Near
the Lowest for the Day.
New York. Nov A-rhe most striking
poin; In ,o-days market was It's dullness
compared with tho recent level OF Ac-
tvity. Neither the public nor the large
operators seemed TO be taking any part
In tho market. ana prices drifted rather
almlessly and hcsi,atingly.
Tho continued weakness in some stocks
especially Steel ana Wire az the opening
was onset by the aggressive strength q
others. Northern Pacific opened over a
point higher, and extended the ADVANCE
later 20 over points There was indie
pendent strength shown al different times
by Union Pacific and by the Southern
Railway stocks. which lifted them 70
lla points each. There seemed to be some
mixing Of the favorable character OF tho
bank statement before SIS appearance on
Tho tape, The bear traders have circu-
lated rumors since yesterday that some
mysterious influence was at work which
would epoll tho good features of the
statement Shorts covered heavily in
advance OF the statement. and a general
rally occurred which lifted the whole mar
kct well over last night. many stocks ris-
inE point or more. The bears we're
much struck by the failure Of any large
buying demand to develop with the easy
money conditions indicated. and they put
out fresh short lines IN the las, few min
utes OF the trading. making the closing
active and weak near the lowest. except
tor the stocks where particular strength
had been shown.
The market az no time showed the mr..
gent liquidation which was the feature
Yesterday but now buying was equally
lacking. even when the technical question
became distinctly favorable SO far a.
the known movements OF money show.
the banks received lees than 5000 90 this
week. The increase OF s. SIS so shown hv
The statement IL supposed to be- due 70
some special movement OF cash from
nearby cities In WHOM . single bank has
been concerned. THIS item figured more
largely Ia the deposit increase than dtl
ne loan expansion OF s4S74 0o0 Therefor.
ln spite Of the swelling OF reserve require
ment ~ nearly 5000 90 tho actual sur
plus il increased BY s4.e1ss 500
An active business has been done IN
bonds but q has at no time approached
the high record volume OF the market -
January. 1879. Prices are generally high-
er on the week. United States new a.
advanced =. the refundlng a. when IS
sued ana Old 4s ~ and o. 4 over the
ruhng call price Of a week ago
Inc total sales OF stocks today wero
go" shares. Including Atchison. r. b..
q" preferred - ooo; Chesapeake and Ohio
go, Rock Island $50. Louisville ana
NashFl"e. 900. Manhattan 1880: Metro
Pohtan. 80" Missouri Pacific. 900. New
orN central 1910 Norfolk and Western
oto' Northern Pacific. Al ~: Penusyiv,-
MA SEQ; -. Paul It.4o0: Southern p
cine. 1000; Southern Railway. 90 100. do
preferred 1900. Union Pacific q TO-. 40
preferred. 500. Steel ana Wire N iso.
hrooklyn 1880. Federal Steel. Is 600. N..
uonal Steel. $500. Peoples Gas. 6 SO su
gar 800; Tennessee Coal and Iron ses,
a-., ',so' Unitef States Rubber. To-
"N' anna isamatsd Copper 1900.
Now York Stock List