The Savannah morning news. (Savannah, Ga.) 1900-current, 1900-12-23
STOCKS AMI BONDs.
The Closing Was Animated and Ir-
regular.

New York. Dec. 22-To-day's specula-
ton In stocks took something OF the sa-
journalism spirit that attaches 20 the
Christmas holiday celebration by Inherit
auce from ancient pagan customs. The
days performance Ia the stock market
duunot be adequately described otherwise
than as speculative orgies
iii,s;,..,,..;:..! c;ssis,ief lions that might at
tach TO special stocks and affect their
value were apparently taken no account
Of ana there was wild scramble 70 buy
an sorts and conditions OF stocks. as
though an future hopes Of wealth aud
prosperity depended on an ownership Of
stocks before Christmas. There was no
news OF importance 90 put any new phase
on the question OF values, present or
prospective. The buying seemed 10 rep
resent the cumulative erect upon nnan.
cial sentiment OF the imposing rise IA
prices DURING the week and the apparent
~ undiminished confidence manifested by
large capitalists by their continued large
absorption OF securities.
Al the fall OF the hammer on the chair
mans desk this morning 1890 shares Of
Northern Pacific were instantly bought IN
a single block. First transactions in
number OF other important stocks RANGED
from Loo shares up 10 7.ao shares. With
gigantic Christmas. decked out with
giittering ornaments ana festoons Of
Christmas greens and bunting waving
over the floor OF the exchange. che brok-
ors bought stocks with az much abandon
as though Il were a part OF tho Christmas
celebration and the gaicty Of the occa-
sion depended upon II. The market APP
parcutly ran villa and was only quietcd by
an accession OF selling orders Invited By
the extreme advances attained by some
stocks Blu, the buying was resumed IN
the last hour after the bank statement
appeared and a number OF stocks were
rushed to the top level OF the day.
The closing was animated and Irregular
some OF the extreme advances were Su-
gar. So. Brooklyn. ~. General Electric,
Ia. 81 Paul. g7s Peoples Gas. rs, aud a
very extended list OF stocks from to 2
points.
The railroad bond market has been ac-
tuatod by sympathy with the stock mar
kot The lower grade issues have been
the fnvoritcs and have moved strongly
upwards with occasional reactions from
speculative proat-taking United States
refundlug g advanced p. Old O. and g.
a. and 81. registered. = par cent The
new iH declined q below the ruling cali
prices Of a week ago.
The total sales of stocks to-day were -
ObAa0o including the following: Atchinson.
5ogo: Atchison preferred, i2.to. Chesa-
peako 4 Ohio. 1880. Burlington N.lvl.
Rock Island. $500. Denver and Rio
Grandc. ESQ., Erie 25.lo0. Erie first pre-
ferred. 1900. Louisville. $500 Manhattan.
Is 100: Minneapolis and ST. Louis. s.2io,
Missouri Pacific $500. Missouri Kansas
and Texas preferred. 1900. Norfolk and
Western. $3.50. Northern Pacific. S0.s0.
Northern Pacific preferred. 500: ontario
ana Western. $40. Pennsylvania. 1900.
Reading FIRST. 7sO ST. Louis
Southwestern preferred. 1880. -. Paul
O. SO. Southern Pacific. 500; Southern
Railway aIo0. Southern Railway pre-
ferred. 1890: Texas and Pacific. - TOO
Union Pacific z2.l0I. Copper, 6.ioo; smeit-
ing. 3. 900: Steel and Wire. 500. Tobacco
i8s0; Brooklyn. ai5e0, Colorado Fuel
700: Federal Steel. 5000; Peoples Gas
tse50; sugar. i0s80. Tennessee, 6.slo.
New York Stock List.