Savannah morning news. [volume] (Savannah) 1868-1887, 1883-10-19
Evening KcpOT5.

HAVANA, Oct. IS.-Spanish gold, 2I2.
Exchange quiet; on the United States. 90 days
sight, gold, 9G912 premium; ditto short sight,
9l4GlOi, premium; ON London, l9tG1934 pre-
MUM.
RIO DE JANEIRo, oct. IS.-Exchange on
NEW ORLEANS, oct. IS.-ENchange-b bank
ers' sterling 81 S0lsG4 81.
NEW YORK, Oct. IS.-EXcnangc, 81 81.
Money - 5,G4 per cent. Sub-Trcasury balances
Com, Sill, 0Si. 600: currency, 81 197, COO. Gov
ernment bonds firm; four and a half per
cents. lli5s; four per cents, IBIS; three per
cents. 100 bid. State bonds quiet.
The sensation of the day in stock circles
was squeeze in Jersey Central stock. which
opened at 50. Regulars rose to SSit, reached
TO S434GS4',. As high as or ) per cent. was
paid for use of stock until tomorrow, with
most transactions at 2(d3 per cent. Before
the close OF delivery hour there was a reac-
ton to per cent. The bears practically cor
ncred themselves within the past week. and
stock has commanded almost any rate that
leaders desired 10 ask. Yesterday larger
owners called their stock, and the bears were
compelled to sgO in the open market with
the result already noted. The general mar
ket opened lower, but the strength in jersey
Central had a favorable influence on the list
and an advance of az per cent took place,
the latter Tor oregon and Texas Central,
which sold up To 31(G315{. The bears then
offered stocks freely, and the improvement
was not only lost, but many shares sold below
yesterdays closing. Near midday the tenn
per of speculation turned for the better,
large amounts Of stock being taken for
both long and short accounts. London
also had buyers This resulted in an advance
of to per cent, the latter for Oregon Navi-
CATION. which sold up to l07. Northern Pacific
rose 2ts per cent. TO 26ts, Northern Pacific
preferred Il per cent. to 62l /, Oregon I'M
prOvement per cent. to 20, Lake shore per
cent. To 95s4. IT. Paul p per cent. to 80,
Quincy y per cent. 10 l22l :, Louisville and
NASHVILLE u per cent. to ~. Northwestern
2ls per cent. To lis. Missouri Pacific p per
cent. to g2ai, Omaha y per cent. to 32i l.,
Omaha preferred y per cent. to 81 ;, Central
Pacific per cent. To 90 >, Reading per cent.
10 u, LackaManna per cent. to ll4I4, West
ern l mon rs per cent. 10 173s, Kansas and
Texas - per cent. TO 22l 5, Texas Pacific rs
per cent. to PTS, New York Central rs per
cent. To llllt, Union Pacific r.. per cent.
To S7la, Wabash preferred IL per cent. to
81, Denver IL per cent. to 25ts, Canadian
Pacific ~ per cent. to -, Michigan Central
D.. per cent. to -. Wabash Is per cent. to 10,
Manitoba Il per cent. to Isl a, Canada south
em i per cent. to 40, Erie ] per cent. to
2S3s. There were reactions at intervals Of u
To rs per cent, but the market finally left of
strong at or near the highest figures Of the
day. The success Of the movement in jersey
Central. il Is reported, has induced some
large holders Of other stocks to combine for a
similar purpose, and the belief obtains that
. some stocks will shortly be singled out and
moved up sharply to force bears TO cover.
some Of the latter have employed
Vanderbilt and Gould brokers to
sell stocks with a view of creating
the impression that those operators were
unloading. This fact was brought to light
TINS III noun, anu ltt ~ licHce III SUNNI
lating the rally Near the close 1t was re-
ported that an additional amount of 500, 600
gold had been shipped from the other side
Compared with last nights closing prices
were tod per cent. higher, the latter for Ore
gOn Navigation. Manitoba. however, was 4
lower at 1888. In specialties Oregon Improve
ment dropped to 80, but rallied to 20, Ameri-
can Gable sold down Il per cent. to co.,,
Cleveland, Columbus, Cincinnati and Indian
apohs per cent. to 5512, Manhattan Beach
per cent. 10 l2l2 st. Louis and San Francisco
preferred per cent. to 43. st. Louis and San
Francisco first preferred l per cent. to 81,
Boston Air Line preferred il per cent. to
197s. East Tennessee rose / per cent. to So,
preferred IL per cent. to Is, illinois Central
leased lines u per cent. to So, Memphis and
Charleston per cent. to 40l5. Colorado Coal
"a per cent. TO l712, Northern Pacific preferred
lent q per cent, Reading, New York Central.
Northern Pacific common and Union Pacific
l-6f per cent. for use. Transactions aggre-
gated 553O00 shares at the following quota
I