The Savannah morning news., 1902-02-18
STOCKS AND BONDS.

New York, Feb. 17.-To-day's severe
snow storm lessened the attendance at
the Stock Exchange and made the stay
short Of those brokers who did attend
The consequence was a dull and unin-
teresting market of no very fixed ten
dency. Only a few stocks showed
dealings of any Importance, and the
price movement in these was inclined
to vary, A number Of usually inactive
stocks made some progress upwards.
The undertone was firm and while
prices did not hold at what was the
best, the level Of prices did not get be-
low Saturday.
There was an active speculation in
Metropolitan Street Railway. Sugar
advanced on account of the rise in the
price of refined sugar and the con-
tinued hope that duty on Cuban sugars
would be RENTED by Congress. The
urgent buying of raw copper in Lon
don and the sharp advance in the price
resulted in buying of Amalgamated
Copper here. There was some move
ment in the stocks of different steel
companies, apparently in connection
with the annual meeting of the United
States Steel Corporation, but the move
ment of tho United States Steel stocks
themselves was narrow and dealings
Is
sidering the enormous volume of the
capital The railroad list, outside of
some of the minor stocks, was slug
gish and neglected. The continued
paucity Of the grain movement and
the obstruction to traffic by storms
foreshadows a repetition of the de-
creases of the first weeks gross earn
ings for the second week in February.
Although confidence has been pro-
fessed in Wall street that the Supreme
Court Will hand down a decision next
Monday favorable to the Northern Sc
curities Company, as the time ap-
proaches for the court to convene there
is a disposition TO hold off speculative
operations until the case is decided.
There seemed to be less apprehension
felt among brokers regarding the
threatened collection of the tax upon
collateral in call loans. The money
market showed some degree of firm
ness, although not quotably changed.
The large operations by individual
bank statement gave fresh corrobor-
alton TO the supposition that large
syndicate transactions are in prepara-
ton. The flow of money from the
West is showing a decline, but the out
cow by exports of gold has been check
ed, owing to the replenishment of the
Bank of England supplies and the
actual plethora of funds in Germany.
The late rise in Sugar to points over
Saturday and the recovery to the ton
in Amalgamated Copper sustained the
market, which was otherwise inclined
to yield in successive spots. The clos
ing was irregular.
Bonds We're steady. Total sales. par
value, $3,470,OOO. United States bonds
We're all unchanged on the last call.
Total sales stocks to-day 44S 200
shares, including Atchison, $500: Balti
more and Ohio, 9, 400 Chicago. Indian
apolis and Louisville, 1850; Colorado
Southern, 10000; Erie, 10, 400: Metropol-
itan, $1,000; Missouri Pacific. 500; NJ.
x. and t. preferred, 7,300 Pennsylva-
mia, $500; Reading, %, 300: Reading
second preferred, 10000; St Paul. 800:
Southern Pacific, 1860; Union Pacific.
$500; Wabash preferred, 1920; ANAL
gamated Copper %, 400; Brooklyn, O..
500; Consolidated Gas, 5000; Sugar. 80.
GEO; T. c. and l., 500 Union Bag and
Paper Co, $500; United States Steel
p 500; United States Steel preferred,
10, 400