Savannah morning news. [volume] (Savannah) 1868-1887, 1885-11-13
Markets BY TELEGRAPH.
FINANCIAL.

LONDON, Nov. y, noon.-Consols. 100 7-l6.
D. m.-Consols, 100 5-l6 money; 100 7-l6 for
account.
LONDON, Nov. l2.-BullIon IN the Bank of
England has increased f76,4l6.
PARIS, Nov. l2.-The weekly statement of
the Bank of France shows an increase of
100000 francs in gold and decrease of $4,000
france in silver.
NEW YORK, Nov. L, noon.-Stocks moderate
ly active and steady. Money nominal at 2@3
per cent. Exchange-long, 81 S2H; short,
"a s43z. State bonds dull. Government bonds
quiet but steady.
500 p. m.-Exchange, 81 s2l5. Money
closed at 20 per cent. Sub-Treasury balances
Gold. 81 ,632, 900; currency, SO. 1873 600. Gov
eminent bonds duh but steady: four per cents,
1887 three per cents, 1885 State bonds active
and strong.
The stock market has been very active to-
day. During the afternoon there was a less
active market, but the total sales foot up
$4,000 shares. AS usual, very large pro-
portion of the business was confined TO Jew
stocks. The sales of Erie were 1880 St.
Paul, Missouri. Kansas and Texas. and r al
ing between 81 500 and A, 200 shares each, and
Northwest. Lake Shore, Northern Pacific pre-
ferred, Pacific Mail, Western Union, Union
Pacific and Texas Pacific, safes between
$4,000 and $500 shares. The market was con-
sidered strong most OF the day. and yet the
advance in many cases were only fractional.
The most active stocks, however, made gains
of l1<0D7S per cent. for these stocks the highest
prices reached late in the day. Erie opened
Win an duYdnCe OF "a per cent, anu on very
small reactions rose by O'Clock to 265s. st.
Paul made a gain, touching 80 after o'clock,
the highest quotation reached this year. The
other seven moderately active stocks gained
only fractional amounts, except Northern
Pacific which rose Ia per cent, Texas Pacific
/, and Pacific Mail "a. After O'Clock the
market was comparatively steady for half an
hour, but during the last 3J minutes decided
weakness was developed in some OF the most
active stocks. and prices declined from q TO
over l per cent. The market closed excited
and weak at irregular quotations as com
pared with last evening. The advances, how
ever, exceeded in numbers and amount the
declines. but st. Paul lost all but Il per cent.
of the total gains Tor the day, and Northwest
is down 81 per cent. There was heavy realizing
in these stocks. The break began the moment
St. Paul touched so. at which 1000 shares were
sold. It was reported from Chicago that there
was heavy realizing in Missouri, Kansas and
Texas ut a little above 20, but the stock shows
consiu cradle strength in the final dealings
and closed with a gain Of q per cent, and
ST. Paul preferred Ia. Other advances was
fractional; while Delaware and Hudson is
down IA, New York Central, Manhattan con-
solidated. and Michigan Central each q,
Louisville and Nashville "a and others
smaller fractions. The railroad earnings from
several North west roads show an increase
over the same month last year. IL is said this
evening that part Of the plan Of the manipu-
lators Of Sd. Paul has been TO advance the
price TO par. after which reaction Of per
cent. would be allowed. The same authority
names az a limit the present mOve-9O for
Lake shore, l07 for New York Central, and 40
for Missouri, Kansas and Texas. The market
cIoeqd at the following quotations.