The Savannah morning news., 1900-12-27

On extreme so. and the preferred nearly
Q points
The call money rate emphasized the
callous feeling, and the relapse go per
cent later ia THE day was an important
element in che rally The substantial
character % the buying orders encounter
~ At the decline discouraged the bears
and their buying to cover heiped fhc ral-
d. 4, had its inception ia the local trac-
ton stocks. which were all very strong
with accompanying rumors o. corsolidat-
cd control Missouri Pacific. Reading nrst
preferred. People 0as ana Sugar wcrr
also conspicuous features Of the hate TEE
covery The closing was very irregular
but with tho uudertoue strong
The opening 0uthurst was palpahly duc
in large part 20 manipulation. AMI was
eNplainablc by the busy operations OF
.peculative cliQues dut-ng che holiday in
ttrval IN makirg defnonstntiNe bds Tor
almost any amount Of The stocks affected
without any actual transactions being in-
volNod as q restraining influence The
opening OF prices Ia BROOKLYN Trausl, vac
ed nearly 3 points on an extreme add
vance Of 81. ana there were wide open
lngs on running sales in Tennessee Coal.
Sugar So Paul. Erie nrst preferred and
Atchison The extreme gains ia these
stocks ran from 2 20 over points except
fafAt NtNt NNfAffNFAs Mflfn WNN AT no
time more than fraction over Satur-
day.
There seemed 90 be- plenty Of funds
available for BORROWERS. aud lenders show
ti,efnsclves auklous 60 put ont money on
z me. having M mind the coming disbursc-
nient 81 the yearly dividends and inter
est and the promise Of lower rates. while
borrowers show a preference Tor call
loans. Tho turn Of the interior currency
movement la favor OF New York and con-
tnued gains by the New York banks
from the suh-treusury on account OF
lnrge premiums on government bonds ana
ansicipatory payments % government In
terest. give a feeling Of assurance that
the year Will boz turned without trouble
ln the money market
The Uilroad bond market was active
and showed only few weak spots Total
sales par value tili0op Al United
States bonds advanced = PER cent on the
last call
The total sales OF stocks to-day We're D.
az go shares. including Atchison. 81, 100
Baltimore and Ohio 9no. Chesapeake and
Ohio. 3.SO. Burlington. $50. Rock ISL
aui. 1850: Denver and Rio Grandc s.Sao;
Erie. $500. Erie first preferred. 1870,
Iowa Central. 500, Louisville j,No. Man
haitian IS 40. metropolitan. ioe0o. Mis-
souri, Pacific - 80. Missouri. Kansas and
Topeka preferred. ls.spo. New York Cen
trail, s.eo0. Norfolk ana Western. s.oW,
Northern Pacific. sl.loo. Northern Pacific
preferred. "a. 80. Ontario and Western. 10 10
100. Pennsylvania. 20. 81: Reading t.so.
Reading first preferred. 237o. Reading
second preferred. G.01o. St Louis South
western. 100. ST Io~iIs Southwestern
preferred. 2L@o. St Paul. Hlm. southern
Pacific. $3.50. Southern Railway ~ 80,
southern Railway preferred l2spl, Texas
aud Pacific. . s0o Union pacinc a.. 40
Union Pacific preferred. $50 Wheeling
1900. National Tube 900: Copper 1850
Steel and Wire. 1900. Tin Plate 4.'e;
Tobacco, g.. soo. Brooklyn. N,Wo, Colorado
Fuel. 10 40. Continental Tobacco i2.lpl
Federal Steel 6t.TQ0 International Paper
100. National Steel. 1900. Peoples Gas.
lu2 100. Sugar - NO. Tennessee Coal and
Iron Il 90. United states Leather. 500