The Savannah morning news., 1900-09-06
STOCKS AND BONDS.
Considerable AnimRtIos Apparent In
Days Trading.


New York. Sept 5.-By eontras, with
the recent dead level OF apathy to-day'e
trading IN stocks seemed like positive
animation. The aggregate OF dealings
was considerably larger than for some
time past. and the total was no, made up
with an overwhelming preponderancs 81
trading in one or two stocks. Sugar,
Peoples Gas and Brooklyn Rapid Transi,
all continued fairly prominent. but there
was marked increase OF interest In rail-
road stocks.
There was a peculiar irregularity Of
movement In she specialiies. Sugar as a
rule moving up while Peoples Gas wac
going down. and Sugar reactiug as Peo-
ple's Gas recovered. Both stocks were
largely dealt in both above and below
last nights level. There was early
strength IN some OF the iron and steel
stocks, but they sagged away In the lace
dealings. seemingly under apprehension
that to-morrow's trade reviews might
have something unfavorable 90 say.
The cause Of the rise In the railroad
stocks was not very clear but shere was
q manifest accession Of confidence on The
part Of the bulls. Dealings were largely
professional but there was buying on n
large scale IN "a number OF stocks. individ-
ual transactions running up to 1000 shares
in some cases. st. Paul. Union Pacific
Chesapeake and Ohio. on talk Of a divi-
deud Southern Pacific and Louisville were
notably in demand This strength had
us inception IN London. which center
bought quite freely of various internal
tionais Buying by local operators wac
based In part on the expectation that the
demand from London would continue.
Sentiment az that center f. clearly much
more cheerful. and uneasiness over the
money market seems to be much abated
The settlement Of threatened English rail-
road strikes, the belief that the war IN
South Africa r. nearing lite termination.
and a hopeful view Of the Chinese situa-
ton. all helped tho English market. and
operators there interpreted the election
In Vermont as favorable 20 higher prices.
81. Pauls nosabie increase In earnings
for tho fourth week m August attracted
buying here. and there was a large de-
mand for the other Granger stocks from
Western sources. said 20 be from the short
account. and 40 be Induced by the fav-
orable weekly crop summary OF the
Weather Bureau.
The strength in London was said 10 be
due In part 20 the expectation Of receipts
Of gold from New York. but this did not
hurt che New York market. with the
surplus reserves Of New York hanks al
over s270o0.o00. with gold being constant
~ received from Australia and from the
Klondlke. and with the demand for money
from the interior continuing unusually
light for the season. there is no imme-
diate apprehension over che local money
market. Best prices were not maintained,
and the market closed heavy az only a
fractional net gain.
Business WIS better In bonds but some
irregularly continued. Total sales par
value s9350p0.
United States old g. and SIS coupon I'D
vauced y ~ the bid price
The total sales OF stocks to-day were
$3.50 shares. including the following: At
Gibson. $50; Atchison preferred $50:
Baltimore and Ohio. 5.2so. Chesapeake ana
Ohio. 1910; ST. Paul. 1881: Southern Pa
ciiic, 1855; Union Pacific. 1895. Steel and
Wire, s,2s5; American Tobacco 10. 500;
Brooklyn, 1860. Peoples Gas. a ,9s4. su-
gar. 6695. Leather. 1895.