The Savannah morning news., 1902-03-22
STOCKS AND BONDS.

New York, March 21.-To-day's stock
market was still highly professional
and there was abnormal activity in
stocks which are usually not a figure
in the trading. Considerably more at
tention, however, was given to the rep
resentative stocks in the list, which are
quite generally higher as a result of
the days trading. In most instances
the gains are merely fractional but in
such stocks as st. Paul, Louisville and
Nashville. Illinois Central and St Louis
and San Francisco there are substan-
tial net gains recorded.
Rock Island moved rapidly upwards
in the last hour to $50, net rise of ~.
There was no special explanation of
this sensational advance. but the trad
ers were inclined to buy the grangers
and Southwesterns on the strength OF
the reports of rain in the Southwest
and the hope of benefit to the wheat
crop. Sugar was inclined to be heavy
during the early dealings. but became
very strong toward the close, rising
more than points over last night and
closing with a net gain of 29s Anal
gamated Copper was heavy all day on
a rather smaller volume of dealings
than lately, but a late recovery left it
only fraction lower on the day.
The speculation in Colorado Fuel
price rising rs over last night, and
then falling 19s under. the change on
the day being a fractional net loss.
Tennessee Coal and Hooking Coal were
affected in sympathy. The inertia of
the United States Steel stocks was uu-
disturbed. Conspicuous new candidates
for buying demand amongst the less
prominent stocks were the Minneapolis,
st. Paul and Sault-ste- Marie stocks,
1, a .
lantic stocks, the Keokuk and Des
Moines stocks, International Pump pre-
ferred United States Rubber stocks,
the rubber goods stocks and American
Telephone and Telegraph The gains
in these ran all the way from 1@6
points, and were entirely witohut any
published explanation. They were bal
anced by relapses of 1@3 points
amongst stocks OF a similar class,
which have had previous advances.
The local traction stocks were rather
dull and heavy and were APPARENTLY not
affected by the plans adopted yester
day for readjustment of capital
The late rise in the market was to
some extent in an expectation of a
favorable bank statement tomorrow.
The banks seem to have gained from
all sources during the week nearly
$500, 600. 1t is taken for granted that
during the week to a considerable eX-
tent so that a REPAYMENT of the sur
plus is expected. The market closed
about steady and near the top.
The bond market was somewhat ir-
regular. Total sales, par value, $780,
600. United States bonds all I'M
changed.
The total sales for the day were 624,-
200 shares, including Atchison, $500;
Rock Island, $500; Colorado Southern,
$500; Illinois Central, 1880; Louisville
and Nashville, 25,2O0; Manhattan, 49,
zoo: Pennsylvania, 5000; Reading. 49,
500; Reading second preferred, $500: st.
Louis and San Francisco, 500; st.
Paul, $500; Southern Pacific 1880;
Union Pacific, $4,000; Amalgamated
Copper, $500; American Car and
Foundry, $500; Brooklyn, 14,300 Colo-
RADIO Fuel, 70 300; Hooking Coal, 1900;
Sugar, S1S00; Tennessee Coal 1850;
United States Leather, 1890; United
States Rubber, 800; United States
Rubber preferred, $500; United States
States Steel, 500; United States Steel
preferred, 1920; American Locomotive
$500.
New York stock and Bond List.
Railroad Stocks