The Savannah morning news., 1901-11-21
STOCKS AND BONDS.

New York. Nov. 2O.--The principal
Characteristic of o-day's market was
the decreasing interest shown even by
the professional operators who have
had the market practically to them
selves for some time past, The fact
that no further gold would go out to-
morrow beyond the 100000 engaged
Yesterday afforded some relief from the
feeling of depression there having been
apprehension that the French steamer
sailing tomorrow would carry away
several million dollars.
The professional bulls sought to slim
ulate this into renewed movement
for the advance. and in this intent
there was large buying and active ma
nipulation Of a limited number OF
stocks at the hands of speculative
pools. The growing evidence OF a. COM
mon purpose among the executives OF
the Northwestern states to combat the
purposes of the Northern Securities
Company and to seek the aid of addi-
tional legislation for that purpose has
an unsettling influence upon sentiment.
Much remains to be cleared up regard
ing the actual organization and opera
ton OF the settlement, which was the
object of that company's formation.
The public is still absolutely unin-
formed as to what securities or con-
sideration have passed by which the
Union Pacific was allowed to share the
control of Burlington. If the balance
of power in the Northwest is TO be
maintained only by actual holdings in
the Northern Securities Company. II is
not clear how either of the parties
can afford to bring to market the bare
minority of the holdings by which 1t
was calculated there would be a re-
lease of part OF the immense capital
which was locked up In the struggle
stocks generally continued to show
depression in spite Of the efforts to get
prices higher at other points.
The local fractions continued in large
demand, but were irregular on occa-
sional realizing. and there was
strength in the coalers Jersey Central
particularly riding 614 on rumors OF a
vanderbilts developed marked strength
at advances of IL TO following the
sale of 500 shares of Michigan Central
at 40. Peoples Gas was forced down
an extreme 3% to 9Sih in the late deal
ings on the news OF the heavy APP
praisement for taxation fixed by the
Illinois State Board of Equalization.
The American Locomotive stocks SUI
fered from realizing Chicago. In
dianapolis and Louisville, and st.
Louis and San Francisco We're strong
on reports of good earnings. The mon
ey market was distinctly easier to-day
and the rate for call loans did not rise
at all to per cent, which has been
the recent maximum and fell away
decidedly in the late dealings, Foreign
exchange continued firm and the opin-
ion is still held that gold will go out
on Saturday to London direct, espe-
cially as remittances are due for Amer
lean subscriptions to the last Install
ment on the British consol issue. which
is payable in London on Dec. 5.
Business in railroad bonds was not
large and the price movement was ir-
regular. Total sales, par value, $2,295,-
000. United states old IS advanced u
on the last call.
The total sales of stocks were $780,
700 shares, including Atchison 1890
Canada Southern. $500; Chicago, In
dianapols and Louisville, 1880; Erie.
IS, 700; do first preferred. 1900; Louis
VILE and Nashville. 1890: Manhattan,
/ 35 900: Metropolitan Street Railway
IA, LOO: Missouri Pacific, $500. New
York Central; 1900; Ontario and Wes-
tern, 100000; Pennsylvania, 14,S0o;
Reading, 81, 900; do second preferred,
12,90O St. Louis and San Francisco, r.
500: do second preferred, }. $500: st.
Paul, 1900; Southern Pacific. 1000,
Southern Railway, lT,400; Union Pa
cific, $4,000; Amalgamated Copper. 49,
500: Brooklyn, $500; Peoples Gas. 81,
500; Sugar, 400: United States Steel,
l., 200; do preferred, 300.
New York stock and Bond List.
! Railroad Stocks