Savannah morning news. [volume] (Savannah) 1868-1887, 1885-11-14
MARKETS BY TELEGRAPH.
FINANCIAL.

LONDON. Nov. 10, nOon.-Consols, 100 TIC.
4p. m.-COnsols 100 SIG for money, 100 7-l6
for account.
" active and steady. Money nominal at 2@3
per cent. Exchange-lOne, 81 500; short,
81 s415. State bonds q net. Government bonds
steady and unchanged.
700 p. m.-kxchange unchanged. Money
closed at ~ per cent. Sub-Treasury bal ances
Colds -, 1000; currency, sl0.5 900. Gov
eminent bonds dull hut steady four Der cents
1885; three per cents. 1853 State bonds dull
ana heavy.
The stock market was again very active. the
sales footing up $4,000 shares. Erie common
continues to head the list, the sales being d.
100 shares. The stocks next in order are
Missouri, Kansas and Texas, st. Paul. ana
Reading. These contributed over 30 per cent.
Of the days business. But there was good
trading in Lake shore, Lackawanna. North
ern Pacific preferred, and Pacific Mail. The
market opened strong and extremely active
during the first hour, whom there were adj
vances OF = to over per cent, followed by
less activity and comparatively steady prices
until midday. The early gains were lost be-
tween u and O'Clock, and in some cases frac-
tional amounts in addition, but after O'Clock
the market again became strong. and so con-
tnued till late In the afternoon. In the last
half hour busiress was again very active
and prices more or less fevcrish and Irregu-
lar, IN which condition the market closed, M
some cases at the best figures Of the day, but
in others at 1<idl2 per cent. decline. The net
result OF the - operations, however, Is an
advance ranging from fractions 20 over 2
per cent. -Four Of the most active stocks
mentioned gained from 10 "a per cent. The
weak stocks were Missouri Pacific and Wesf-
crn Union, each Of which closed with q oss
OF "a per cent, aud Union Pacific. Louisville
and Nashville, Lackawanna, and Northwest.
which were from a Q 70 per cent. higher than
last evening aud L4L lower than the highest
OF the day. except Louisville and Nashville
which did not sell above thc closing figures
but shows a gain Of only y Dor ceut. Al-
saN Z .HHNa H. at "a q
per cent, 10 failed 10 reach yesterdays hest
figures by Z. aud, in fact. the highest prices
OF tho day for many active stocks are a shade
below the highest yes erday. Wi henOrmOus
= lower, while preferred, with sales Of 2'2o6
snares, shows gain Of 81 per cent. Lake
Shore opened at 81, touched 6s16, but was
heavy later, going down 70 sIl5, from which
10 rallied, and closed az s8M. Heavy trading
In Reading was accompanied by sn advance
of lN per cent. from the opening and ~ from
the close Yesterday. II closed .day al the
best figure. Missouri, Kansas and Texas was
over Yesterdays highest, selling no 70 90L
and clOsing at 20. with net gain ~ per
cent. IL is claimed by friends OF the company
that IL Is earning a. much beyond ita liked
charges az Union Pacific. Northern Pacific
preferred rose 10 and closed az 501k an adj
vance OF 70 per cent. Rock Island gained ~
per cent. Low-prlced stocks are again at
tracing attention, conspicuous among which
to-day were Minnesota and ST. Louis shares.
On sales Of $500 shares, common rose 70 20
and closed at 253k. net advance Of ia per
cont. while preferred rose TO and closed az
55sS, an advance Of ~ per cent. Columbus,
Hockin z valley, and Toledo opened at s5ys
and closed at ~ Nickel Plate common opened
nc " and advanced per cent. while pre-
al az. There was a further ADVANCE In
Michigan Central, from ~ O. ft3f. closing ~
-. Iii said the company has just sold the
remainder Of "a land grants, realizing over