The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-04-14
STOCKS AND BONDS.
The Market Irregular and Below the
Best Prices of the Day,

New York, April 13.-To-day's stock
market was highly professional and UNI
der active manipulation all through the
session. Brokers who have been active
for the bull leaders of the speculation
throughout the recent movement were
the largest buyers of stocks, and their OPP
erations were especially conspicuous In
Rock Island, Sugar and the Atchisons.
Large buying orders were in the market
at the opening, and caused general ad-
vances, in which Rock Island, the Chi
cago Terminal transfer stocks, Peoples
Gas and Consolidated Gas were the lead
ers.
Great confidence was protested over the
future of the money market, and the buy
ing was said to be in anticipation of the
favorable bank statement. The strength
was very general in the railroad list, Bur-
lington and Northern Pacific moving up
wards. The United States Steel stocks re-
covered from yesterdays depression.
Amalgamated Copper was active and
strong, and Sugar was moved up 2la points
and Colorado Fuel an extreme eight
points.
There was good deal of selling on the
advance and considerable reaction had oc-
CURED when the bank statement appear
ed. Rock Island forged upwards after
the publication, touching 1861, and falling
back over a point, and then recovering
under manipulation to 1864 before falling
back again. The stock closed at 1851
net gain of 324. The high point was
record price for the stock under the
present capitalization, and the fact that
the stock crossed St. Paul was also made
the subject of interested comment
The bank statement was interpreted as
favorable, owing to the rise in the sur
Plus, but the decline in the reserves
proved considerably larger than antici-
pated, and the loan contraction of $13 49,
600 was all that saved the surplus from
further depletion. The bulls eked out
the effect of the increase in the surplus
by reasons of measures to be taken by
syndicate borrowers for the further relief
of the money market, and of further large
offerings to be made to the Secretary of
the Treasury of government bonds at
figures which he would accept. There was
nevertheless an active selling movement
to take profits on the advance. and the
closing was irregular and below the best
all around.
Less attention has been paid to bonds
than to stocks, and their movement has
been Irregular. United States new As and
old As coupon advanced u, and the DO
registered and the refunding Is 4 per
cent. over the closing call of iast week
Total sales of stocks to-day were 759, 400
shares, including Atchison, %, 800; do pre-
ferred, $500; Chicago, Burlington and
Quincy, 34,100; Chicago, Rock Island and
Pacific, $500; Colorado Southern, II, 400; ;
Delaware and Hudson, 6,100; Erie, $780,
Louisville and Nashville, 1850; Manhattan
1900; Metropolitan, 500; Missouri Pacific,
6,1OO; New York Central, $500; Northern
Pacific, $500; Reading, u. 700; do second
preferred, $500; st. Paul, 24,70O Southern
Pacific, $500; Southern Railway, 1900
Texas Pacific, 100; Union Pacific, "a 500
Amalgamated Copper 1900; American To-
bacco, 2S,10O; Anaconda Mining Company
500; Brooklyn Rapid Transit, $500; Col
orado Fuel, l4,100; Continental Tobacco
10,50O; Peoples Gas. 6,10O; Sugar, IS, 400
United States Steel, 1880; do preferred,
22,10O