The Savannah morning news. (Savannah, Ga.) 1900-current, 1902-03-27
STOCKS AND BONDS.

New York, March 26--To-day's stock
market was very dull and profession
al affair. Colorado Fuel and Amalga-
mated Copper absorbed between them
a large proportion of the days dealings
from the opening to the close. The
first named ranged up to 2Ac over last
night and the copper stock to 1%c.
Colorado Fuel lost the great part Of
the gain on realizing during the lat
ter part of the day, but Amalgamated
retained all but small fraction. Its
subsidiary stock was also firm at or
above last nights price, notwithstand-
ing the indefinite postponement from
yesterday of the Anaconda dividend
meeting.
The demand was attributed to a short
interest which sought to take advan-
tage of discouraging news to cover
their short contracts. The stock was
not offered as freely as the bears had
anticipat ted. There was no new devel-
opment in Colorado Fuel, and the large
transactions in the stock were by the
same brokers as those recently active
in it. The preferred made an opening
jump of points, relapsed and rallied
4. Tennessee neglected and heavy
American Telephone rose 8, and North
American rallied to 8 over last night
Minneapolis, st. Paul and Sault-ste-
Marie was at one time up points and
the preferred g. There was some firm
ness in one or two of the prominent
railroad stocks, but the tendency of
the general list was lower. The fac
tors influencing the market We're prac-
tically the same as those of yesterday.
The threat of a strike by the anthra-
cite miners was a widespread infiu-
ence, and Wall street opinion is by no
means so confident against the prob
ability of the strike as was professed
on Monday.
A violent break in Evansville and
Terre Haute caused violent break in
both the stocks of that company, and
had a sinister effect on other stocks
which have been pushed up on rather
vague assurances of dividends. Chi
cago, Indianapolis and Louisville was
notably affected. but recovered part
of the loss. The coalers themselves
as rule were only slightly affected
by the labor situation. but Lacka-
wanna made violent break of Az.
The coming adjournment of the ex-
change from Thursday until Monday
had the usual effect of causing a clos
ing up of contracts. There is some
fear that the demand In the loan mar
ket to carry over stocks from Thurs
day until Monday will cause furry
in call loan rates tomorrow. There
is a possibility also that a poor bank
statement will be published in the in
term. The possible breaking off of ne
gotiations for peace in South Africa
before trading is resumed was taken
account of as well as the apparent APP
proach of the end of the career of
Cecil Rhodes. which was in fact re-
ported on the exchange late in the day.
The market closed easy.
Th6ra Welding fpndpn0V tn
the prices of bonds in sympathy with
stocks. Green Bay and Western de-
benture BIS were an exception, with
a rise of liz. Total sales. par value,
s., 500, 900. United States bonds were
all unchanged on the last call.
The total sales of stocks to-day were
419, 400 shares. Including Chicago, In
dianapolis and Louisville. 7.000 Mis-
souri, Pacific, 5,4O0; Reading. 26,20O: ST.
Paul, 1850; Union Pacific, IL 800;
Amalgamated Copper, 44.S00; Colorado
Fuel $500; North American, 5000;
Sugar, 1880; Tennessee Coal, 11,400;
United States Steel, S,430.