The morning news. [volume] (Savannah, Ga.) 1887-1900, 1888-07-25
MARKETS BY TELEGRAPH

NEW YORK, July "a, noon.-Stocks dull but
firm. Money easy at 161h per cent. Elk
change-long, 81 S61s04 5634; short, 81 $50
Ssl4. state bonds neglected. Government
Erie .............. 2634 Richm'd WPt.
Lake shore -. 993x Western Union 1925
500 p. m.--Exchange unchanged. Money
easy at 1dll6 per cent. Sub Treasury balances
Coin, Slj1 600; currency, $40. 4l3,QOo. Gov
ernment bonds dull but steady; four per cents
l27l4; four and half per cents 1925. State
bonds dull and featureless
This was another day Of moderate activity in
the stock market. accompanied by cont nu-
ance of the steady and gradual upward move
ment so noticeable in vest rday's dealings
The improvement is recognized as consequence
of legitimate buying for long account, and very
little manipulation is to be seen and the scarcity
OF stocks points to the fact that there las been
a great deal OF stock bought and taken away
from the street of late. The improved feeling
has for its foundation the unusually bright out
look for the crops which the extraordinary full
supply OF money at low rates tends TO and every
way. Buying today was largely by commission
houses, while selling was scattering and almost
entirely for the purpose OF realizing profits.
Coal stocks, Union Pacific and Changers were
the features. London was moderate pm chaser
of Louisville and Nashville. Union Pacific and
others. though it sold Reading. There was an
other batch Of bearsh reports from Chicago,
but they seemed 20 have little influence, il any,
upon tie course of prices. East Tennessee and
Norfolk and Western stocks were quiet, pend
ing the meeting Of the joint committee, but
Southwestern shares were all strong on the
Favorable outlook in that region. New England
was comparatively weak, selling in that stock
neng more concentrated than usual of late.
The market closed quiat bat strong at or near
the best figures The great majority OF active
stocas are vol per cent. higher this even
ing Total sales to-day aggregated 2S6,0 900
shares. The following were the closing quota
Aie ,Ins.A 2to5 io3,6 New Orleans Pa
Ala, class Is, IS. l06 cifc first mort. rs
CIeor,ia -, mort. 1913 n. y. Central l06l6
\. Carolina 6s....l22 MORT & w. pref. 50
n Carolina ts..... 1928 Nor. Pacific. go. 29ts
So Caro-. Brown pref 66,zs
cons1ls..........l0i Pacific Mali. 1914
Tennessee SGT. .... 20 hrhdlng ., 49,. O3A
Virginia 6s........ 49, klchnJnd Ne.. q
Va consolidate l.. 33 Richm'd & W. H. %,A4
NorthweStern ....i,lgs RocS Island .....lN
" preferrsl ltlSs 81. Paul ......... "a
De'a and Lack. l31ts procured. wa
Erie ....... q Texas Pacific. 90. ~
East Tennesses 1928 Tenn Coal Y Iron. 2SIi
lake Shore - 1854 Union Pacific ... 5ssH
T'ville e Nash GOA y J. Central zee. %
MeuDhis q Char 81 Missouri Pacific. -
Mobile ( Ohio Joe. ga Western Uaon p. 1913
Mash. & ChAtt'A 80 Cotton OA certln. 393a
.Bid
COTTON.
LIVERPOOL. July -. noon. Cotton quiet, with
oI' anotib = change. middlins hollands 9l6d.
mddlng orleans 5s5d, sales '.oll bales, ~
which 1908 bales aee Tor speculation aud OK
port receipts 0 no bales Am-rcln.
Fnturss-U pAnds, low middlng clause,
fuIv delivery 800: July aud August delivery
s gstd: August and September fa5h. SOP.
tsBher aud October ilofi; NOVEMBER ani
peosmber 1000 Futures quiet aud some
" sp. a'-.saios Of the Gay Included BOO bales
of American.