The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-01-15

list and amongst quite a number of the
stocks not usually conspicuous in the
trading. The Fries had notable recov-
cry from early weakness, the first pre-
ferred getting Pas above Saturday The
Southwestern group showed signs of
strength and st. Louis Southwestern pre-
ferred got a point above Saturday at one
time. Cleveland, Cincinnati. Chicago and
st. Louis stocks rose and ga, respect
ively, for the common and preferred.
The National Salt stocks gained and 2%,
respectively, and Lead preferred recover
ed 5 points of its recent heavy decline.
American Tobacco was Pa points over
Saturday at the highest.
But these points OF strength were the
exceptions in the market. although they
had an effect in rallying other stocks and
in largely reducing the average net losses.
The market gave unmistakabe evidence
of a decline in the speculative furore and
a disposition to revise the more sanguine
estimates of the high prices already at
tained for many stocks and those ex-
pected for others. Disappointment was
keenly manifested among the holders of
ST. Paul over the failure of confirmation
of the many stories of a lease to North
ern Pacific now pretty thoroughly dis
credited. The stock was forced at one
time below 49, which was 49s below Sat-
urday, and closed with a net loss of Sh.
The other grangers were weak, appar-
emily In sympathy. The local traction
stocks relapsed sharply after the buoyant
movement of Saturday, and Manhattan
closed weak az the lowest. The Pacifics
were vigorously sold, but Missouri Pacific
showed a good recovery. At one time the
majority of the active stocks in the list
were from / 40 over points below Sat
urday.
No admissions could be secured from
international banking houses of any COM
pleted arrangements to ship gold, but
with sterling exchange continuing 10 adj
vance, reserves of money rapidly increas-
ing at this centre, and continued uneasi-
ness over the future in London, the con-
viction is general that a considerable sum
of money will go out and that the move
ment will be inaugurated on Wednesday.
There is no fear that any scarcity OF
money here will result. but the movement
creates some inevitable disquiet among
overwhelmed speculative interests.
| The railroad bond market was weak in
sympathy with stocks. Total sales par
value $2,S5o,OO0. U. S. bonds were all UNI
| changed.
Total sales stocks were 1.219,600 shares,
including Atchison, 1880; Atchison pre-
ferred 1S,40O; b. & o., 1050O; Chica &c
Great Western. $4,000; C. B. & O., 1890
| NUN lSiuHN, lO,GVVb dig FOuI, ooVVs Dtid-
ware and Hudson, $500; Erie, IS, 400; do.
| first preferred, $1,000; Louisville &
| Nashville. 17.500 Manhattan, $4,000; Metro
politan Street Railway, $500; Missouri Pa
cific $1,000; Missouri Kansas & Texas
pfd., 32,1OO; New York Central
| $500; Norfolk & Western, 17S00 North
ern Pacific, 40, 100; Ontario, A. 400; Penn
| sylvania, 5000; Reading, 80, 400; do. first
preferred, 1880; do. second do. 1890; St
Louis and San Francisco, 1900; 81. Louis
| Southwestern, 10000; do. pfd.. 0,2O0; St
| Paul, 51,200; Southern Pac.. 1900; Southern
| Railway, $500; do pfd. $780, Texas Pa
cific. II 400; Union Pacific, 50 100; do. pfd
5000; Wabash preferred. $500; Amalge-
mated Copper. 10000; National Tube, $500
American Smelling, 20, zoe; American Stee
and Wire, 22,300; American Tin Plate
$4,000; American Tobacco, 81 800
Brooklyn Rapid Transit 1880; Col
orado Fuel 117O0; Continenta
Tobacco. $780, Federal Steel, 81, 100: do
pfd., 200; National Steel. 5000: Peoples
Gas, 1880; Pressed Steel Car, 500; Sugar
l4,2O0; Tennessee Coal, 5000; Rubber, $500
| Western Union, 500.