Savannah morning news. [volume] (Savannah) 1868-1887, 1886-12-03

FINANCIAL.

LONDON, Dec. 2, noon.-Consols, 100 9-l6 for
money, 100 1t for account.
NEW YORK. Dec. ,. noon.-ntocks active
but firm Money active at per cent. EX-
chapge-long. 81 S01aG4 S0Sz; short. 81 S31&(G
"a $3.50. State bonds duh but steady. Gov
eminent bonds dull but firm.
500 y. m.-EXchange. 81 S03z@4 81. Money
closed at 25(Go per cent. Sub-TreaGurv pal
ances-GOld. l25.5l0.000: currency, S2l,3l4,
Geo. Government bonds dull; four per cents.
IL "a: three per cents. l0O3s. State bonds duh
but steady
The stock market to-day, while sill very
active, showed a small decrease IN the amount
OF business done, and while Reading quoted
down speculation Union Pacific made further
progress, and IT. Paul suddenly sprang into
great activity, becoming first on the list in the
lumber of shares sold. The other features of
the market were Northern Pacific, Quick
silver Mining and Chattanooga. The extra
ordinary activity and strength in 1T. Paul
was due to heavy purchases both for foreign
and Chicago account. Most of the foreign
buying was in the latter stock and Northern
Pacific, which became prominent early in the
morning. Union Pacific failed TO exhibit
much of the strength of the past few days and
heavy selling by a very Influential interest is
reported. Reading was firm in he morning
hours. but saggcd of later IN the day, the dis
position evidently being TO await further de
velopments. The Trunk lines were all quiet
and remarkably steady. As were also Western
Union and grdngers. The movement in prices
to day was very light, fluctuations in most OF
range of l per cent. Quicksilver was the
feature of the afternoon trading and W as
spurted up per cent, most Of which was
afterwards lost. The opening this morning
was strong, first prices showing advances
over last evenings closing figures of from 80
81 per cent. Prices were weak in the early
trading. Union Pacific being specially so.
Prices iluctuated within narrow rauge, and
al noon generally showed some little prove
mert over those of the opening. The mark ct
became more quiet in the afternoon, and I'M
der realizing sales prices slowly Yielded.
There was slight rally In the last hour, but
the market closed generally weak and clo-c
to the lowest figures of the day. The days
business was $4,000 shares. The net result Of
the da IS business is irregular. with changes
of small fractions, but Richmond and West
Point and Reading show losses of more than
per cent. On tile other hand Chattanooga,
st. Paul and Northern Pacific preferred show
gains OF more than per cent. The following
are the closing quotations:
Ala.oiaesA, 2tO5 .lO64 Nash & Chatt'a. 9I4
Ala. class b, jS.. 100 New Orleans Pa
Georgia So ....... clfc, lst mort. 500
as. mortgage 1897 y. Y. Central. ll4A
n. Carolina is In MORT \ W. pref. 5254
n. Carolina Ia. 0913 Nor. Pacilic...... 2Sts
So.Caro Brown pref. 20
cOnsols.... .llO racine Mall..'... "5ts
Tennessee 6's... ~ Reading .......... asa
Virginia 6s...... A. Richm d a Alc II
Va.consohdated. So Richm'd n Danv-lS5
ChpeaRe &Onio. Rlchnd WIZ.
Chc.& N'nthw'ul2O Terminal. ........ 6Sls
preferred. TAI Rock lstand...... =
Della, Lack.& w l4l2s 81. Paul. ..,; 95@s
Erie ...... ....... 500 preferred lZO'4
East Tennessee TeXas Pacific. 26.9
new Stock. li5s Union Pacilc .... 6fM
Lake shore 49,. % Nj. Central. 53h
L'yille a. Nash $685. Missouri PACidc ll5A
Memphis II Char 5sIa Western Union. ava
"i E4sSe ID '"''' '''4 .Bid.
COTTON.
LIVERPOOL. Dec. 2 noon Cotton firm,
with good demand; middling uplands 5tsd,
middIlng Orleans sd; sales LOCO bales. Tor
speculation and export 1000 bales; receipts
II, GOO bales-Amercan $500 bales.
Futures: Uplands. low mlddllng clause.
Decent Der delivery. 53-64d; December and
January. / 6I615 1-G4d; January aud Feb
ruary, l-6iQDj 2-6td; March AMI April,
3-6Id; April and May, 5 sod: May and
june. 7-6id; juno and July. 9-Gii. Mar
ket flrm.
bales OF American.
Futures: Uplauds. low middling clause.
December delivery. ; ACID. -ellers: December
and January, 2-Bid, sellers; January and
February, 2.6id, seller; tebrunry ana
March, god, sellers; March and April,
I-Gid, sellers; April and May, ) tid. bur
ers: NAV and June. S-6id, sellers: June and
July. Z 1O-84d, sellers; July and August,
) IL Odd. buyers. Market closed quiet but
steady, ,.,.,, 49,.
lnnds 5Isd, low middling uplanda l5-lGd,
good ordinary uplands i6d, ordinary up
lands 4l4d; good middling Texas 5Hd, MD
dung Texas SGD, low middllng leAas bd,
goud ordinary Texas II -l6d. ordinary Texas
sisn: good middling Orleans sgd, middling
Ocienns SID, low middling Orleans . b-lod,
good ordinary led, ordinary 41sd.
5?Op. MIXTURES; Uplauds. Tow nlddlinZ
clause December delivery. 8-64d. buyers;
necember and January, 4 2-6id. telers; Jan
uarv and February. > 2-6id, sellers: February
and March. 6 2.G4d. sellers: March anu AprlL