Savannah morning news. [volume] (Savannah) 1868-1887, 1885-11-15
MARKETS BY rELE8RAPH.
FINANOlAL.

LONDON, Nov. a. noon.-Consols, 100 Lie.
300 . m Consols, 100 S-l6.
NEW YORK, Nov. IL, noon.-Stocks active
and heavy. Money nominal ut 20 per cent.
Exchange-long, 81 S254; snort, "a S4s<. Stale
bonds L, elected. Government bonds duh but
steady.
$500 p. m.-Exchange unchanged. Money
closed at per cent. Sub-Treasury balances
-Golo. 81 S,4tS 600; currency, SY.54' 900. Gov
ernment bonds duh nut steady four per cents,
1855; three per cents, l03ls STATE bonds &C.
tive OuJ prices geueraliy heavy.
Ihe stock market has been extremely ac-
tive to-day, and curing most OF .1e tim"
fevrrlsh and irr gGlar. The reported sales
were greater than IN any preceding ay Tn =
wear, amounting To ISL, 3 q shRres The ac-
tual number OF shares bought and sold were
probably not very much short of LOCO, QUO.
w en- the market Is so extremely active it is
practically impossible for reporters to obtain
a recUru Of all th transaction. The activity
Ontlnued from IN opening of the board 10
IN close, with the exception OF a luil between
l and O'Clock. which was. however, Of sn, TT
duration. An idea OF the business IN the fore
noon may be obtained from the staLem,n Z
that the reported sa es for the first halt-huur
were 1I5,O0O shares, for the first hour Is 900,
and Tor the forenoon nearly 40 900. The ac-
:lvity, however, was confined to very few
stocks. in nj iGh ST. Paul. Erie, Northern ~
cihc preferred, Lake Shore, aud Missouri,
Kansas aid Texas contributed nc trlV 49, 100
shares, or ov II of the total business vi the
da}. There has been X eat deal Of talk on
the street recently about heavy purchases IL
LOndon OF American securities, and large
htpmen9 nom this city To Europe on account.
For some time p az he opening prices III Lon
don were generally hlgher thau TIL closing of
the evening before on New ork Stock EX-
change, and this, whether from actual pur-
chases or on account OF manipulation from
this side, was m important cor in lending
strength to the market here. The weakness
this morning WAS due in part To reports from
London sn0 wing That price, were heavy, and
furrher statements that owing to war cloud
that Is beglnnlOg IN EurOupe and for Oth r
causes, London Spectators were heavy sc l.
ers of American securit.es to-day The re-
sult was an excited irregular open n (.
ranging between an advance OF y 10 and "a
decline Of Is per cent. for the active list. Tur
move Uent during most Of the morning wa
very Irregu ar, some stocks q .vanCiug l4G2
opening quotations The hign st prices. now
tver. Win lew exceptions, were established
me lime during the forenoon. After mid
Hay tue tendency OF prl Is was downward
huJ the move nent continued very irregular
There was no decided break until after 2
O'Clock, when within the space OF q teen m n
utes nearly all the active shar s dealt in de-
clined from - to y per cent, Erie. Changers
and Lake Shore b ing most prOmnet in the
movement. In some cases during the hna
half hour most Of the losses m de aft-r2
O'Clock were regainsd, buL the movemeu &C was
extremely feverlsh, spasm0dic and irregular.
la the final dealings some stocks made sud
den rallie, at the same time o her aud more
active st cks " ere decllulng. aud the mark
with declines ranging between franct Ons and
"a per cent. Prominent operators who gen
orally ps eSs ins de inform alton say this
evening that there has been u very heavy
reaiizitG whenever the market would pc MI
for several DAYS past, and espec ally tod Y,
bv parties who have been pro nIu ent in the
advance that mas taRen place during the past
four mOnth s At no time during that adj
vance mas The outside pubic apI cared tOtake
g m UGH interest in The market as during the
current week. Offices that few months aga
mad very few visitors AMI only an occasional
Gus omer we been crowded until it was i'm
puss e for all to be accommodated within
view OF the numerous tIckers hat were re-
co dingquOt ttioDs. This has been the feature
of small Offices as well as large ones. The
theory has been that he leading mani pulators
uf he market. ided by a very easy money
market and an enormous surplus of capital
had determined to hold prices and main ain
the advance until they were able to sell to the
public 1t is noticeable that the most Of the
active stocks du ing the fail camgaign were
those which suffered most this afternoon,
while the loW-p iced securities. in which the
dealings of to-day are com paratlvely small,
generally were well held. Comparing the
price of the eading active stocks this evening
with those of week ago, the Oh tnges are I'M
Mail is up ~, Northern Pacific preferred 3z
Erie 33S, Louisville aad Nashville per cent,
and Others smaller tract W es ern ion,
Northwest, aud Lackawanna are fractiOnally
lower. The total sales for the week were
amoug the largest on record this year SO s.
500 shares, again t 2. 567 o last week. Twelve
stocks however. this week contributed 2.557,-
900 shares. The market closed at the following
quotations: