Savannah morning news. [volume] (Savannah) 1868-1887, 1883-10-17
MARKETS BY TELEGRAPH.
Noon Report.

FINANCIAL
NEW YORK, Oct; l6.-StOcKs strong. Money
2,G2l9 per cent. Exchange-lOng, 81 81; short
81 81: state bonds dull. Government bonds
strong and higher.
COTTON.
LIVERPOOL, Oct. l6.-COtton dull and
easier; mlddling uplands cd; middling Orleans
81 81; sales 5000 bales; speculation and export
1000 bales: receipts $50 bales-American 4, 200
bales.
Futures: Uplands, low middling clause,
October delivery, J6-6id; October and No
vember. 5 55-6ld; November and December,
> 54-6iG5 53-64d; December and January,
5f-6ltG5 53-6ld; January and February.5 56-64
as jj-6id; February and March, 57-64d;
March and April, ; 6l-64CG5 6O-64d; April and
May, Cd; May and June, 3-64d; June and
July. 6 6-64d. Futures quiet.
80 2. m.-Middllng uplands l5-l6d; mid
ding Orleans Lied.
Futures: Uplands. low middhng clause,
October delivery, 55-64d; October and No
vember, 54-64d: April and Nav, 63-64d.
Sales of American $3.50 bales.
NEW YORK, Oct. l6.-COttOn opened quiet; ;
middling uplands 1926; middling Orleans
Futures: Market opened steady, with sales
as follows: October, 10 acc; November. 10 SOC {;
December. 10 59c: January, 10 &c; February,
10 S9c; March, II O3c.
PROVISIONS. GROCERIES. ETC.
LIVERPOOL, oct. I6.-Lard. 39s.
1870 p. m.-BreadstufIs quiet. Wheat, rel
Western spring Ss(GSs Cd; red winter, IS 6d(g
IS. Corn. new mixed. IS p ID.
NEW YORK. Oct. l6.-FlOur dull and weak.
Wheat dull and sCg14c lower. Corn unsettled
and tri1e lower. Pork steady; mess 81 sea
II -. Lard weak at zoe. Freights quiet but
firm.
BALTIMORE, Oct. I6.-Flour opened steady
but quiet; Howard street and Western super
fine, So 25G3 IS; extra, So 1904 IS; family,
s. O0lG6 90; city mills superline, 50 OOG3 10;
extra, 81 00(G6 %; Rio brands. s. 1906 90.
Wheat-SOuthern steady but quiet; Western
MA 81 In. rcd \
amber 81 iltGl Is; No. l Maryland, 81 1870
/ -; No. , Western winter red, on spot and
October delivery, 81 06l sol 0634. Corn
southern firm but quiet; Western dun and
nominal, Southern, white 64967c; ditto yellow
63G6lc.
NAVAL STORES.
NEW YORK. Oct. l6.-Spirits turpentine
i0GlOi2. ROsin 81 jOtgl 5I13.
Evening Report.
FINANCIAL
RIO DE JANEIRO, Oct. l3.-EXchange on
London, 2l35d.
NEW ORLEANS, Oct. l6.-EXchange-ban
ers' sterling 81 81.
NEW YoKk, oct. I6-Exchange, 81 SI14.
Money 3td2 per cent. Sub-Treasury balances
Com, $llI, 10000; currency, s., 100000. Gov
eminent bonds easier; four and a half per
cents, IIiss; four per cents, l2ll s; three per
cents. 100 bid. State bonds dull.
The bears renewed their assault on stocks
again to-day. In the early transactions
l3t(G3 per cent. 10 81 ana preferred to So s..
Oregon Transcontinental. on the other hand.
was comparatively steady on account of the
publication OF the EndlcOtt report, which
shows that this corporation still holds in its
treasury an amount of stocks which the an
nual statement. issued June Both, calls for
nOminally 1913 shares. Oregon Navigation
stock ranged between Az and 43 most of the
morning. The general list was fairly sus
tanned early in the day, and some
shares improved l4tGl per cent. In this adj
vance Nanderbilts were conspicuous. The
bears, however, near noon made vigorous
attack on Oregon TranscOntinental, forcing
the stock down to 30. After this various stocks
were singled out for attack, notably Changers,
Lackawanna, Erie, Louisville and Nashville,
Central Pacific, Wabash and Texas Pacific.
NOrthwcstcrns dropped from l20 to ll1'. and
preferred from l3S to 1876, st. Paul from 80 to
Az D., Omaha from 34l5 to 81 and preferred
from 9434 TO 923t, Erie from 29l5 to 2712. Louis
vile and Nashville from IA to 49, I, Central
Pacific from 81. TO 81. Wabash from - to IN :
and preferred from 3II4 to 30, and Texas Pa
ciic from 2lls to 1881. Oregon TranscOnti-
mental also sold down TO the lowest point of
the days.. Near the close there
was rally of isld2 per cent. the latter in
Central Pacific. In the final transactions
there was another drive made on active
stocks. and the market closed weak. 1t was
rumOred to-day that a change in the Presi
dency of the Northern Pacific was imminent;
also, that the second mortgage loan had not
been placed. Both these rumOrs have been
pronounced absurd by members of the bond
syndicate. The rumOr that Willard was
about TO resign the Presidency Is Indignantly
denied by himself and his most intimate
friends. who state that he has not sold his
Oregon Transcentinental and Northern Pa
cific stocks. Ii was reported that Il prOmi-
nent broker had transferred nearly 10000
shares Of Northwestern common into his
name during the past few days, ana
was buying stock to-day. The same broker
was a heavy seller of st. Paul A large
amount of sellers options were put out in
Northern Pacific preferred ut IL per cent, ;
per cent. below the quotations for the stock in
a regular way. There was sharp squeeze
in Northern Pacific preferred, which was let
at Lie. per diem for use. while at one time
there was 4 difference of lL(Gl4 per cent.
between cash and the regular stock. Oregon
Navigation sOld-sellers' G0-day options
from ll2 to l01l2, when the regular quota
lions ranged from ia to 10. Some stocks
were bought In under the rule for monde
Northern Pacific at 253i and preferred at6ll 4.
Compared with last nights close prices were
down 1S(G4l5 per cent, the latter FOR ST. Paul,
Denver, Michigan Central, and Ohio South
ern. Richmond and Danville advanced ga
3 per cent. In specialties Alton and Terre
Haute declined per cent. to 3, Chesapeake
and Ohio first preferred 2la per cent. to 25,
East Tennessee per cent. TO 81 and prefer
red y per cent. to u. Manhattan Elevated 10
per cent. to 40, Minneapolis and st. Louis Il !
per cent. to 1885, Mobile and Ohio l3 per
cent. to 10, Norfolk and Western per cent to
to 10, Ohio and Mississippi rs per cent. to 81,
Oregon Navigation per cent. to 49, and Pull
man Palace Car "a per cent. to l24 /. Ev
ansvile aud Terre Haute brought 50. The
last previously reported price for this stock
was 40. Transactions, 6l3,SSl shares, at the