The morning news. [volume] (Savannah, Ga.) 1887-1900, 1889-12-21
MARKETS BY TELEGRAPH.


Ngw YoRK, Dec 20. noon.--stocks opened
active and strong. money easy at per cent.
Excnenge--lon2, 81 sO1sI94 SOs4; short, 81 s4ts
"a san. Government bonds neglected. State
bonds dull but steady.
Following were tho noon stock quotations:
Eric. ........ ..... - Richm Il W. PIT.
ChicaIo & North .1l13z Terminal. .... 21X
Lase Shore. 80. 1895 Western Un!on... *S41s
Norf. Il - pref
*Ex-di7idend.
$500 p. m.-Exchange quiet but steady at
81 8l1tG4 IS. Money closed ranging from
Coin, sIs6 CO., currency, s755s,oo Gov
eminent bonds dull but firm; four per cents
1271s; four and half per cent. coupons l04@s.
State bonds quiet but firm.
The stock market was more active and deci-
dedly strong during the greater portion of the
day, and although realizing sa yged the list off
toward the close, several material advances
were scored as q result of the days trading
The temper of the market was rather reaction
airy at the opening, dulness and stagnation
being the principal features, but reports OF the
remaining Vanderbilt roads, with extra divi-
dends, soon set things going ana activity and
buoyancy took the place Of the stagnation of
the early hours. Missouri Pacnic however,
again led the market. and at its highest point 1t
showed net gain of per cent over lts last
nights figure. The settle merit with Kansas and
Texas upon the basis of mutual advantage was
the impelling cause, although 1t did not move
until the news from the Grand Central depot
was received. Those VINO pretend 70 know eX,
pect that a further advance will take place, and
rumors of settlement Of the debt owed to
some OF the directors gave color TO the idea.
Vanderbits were conspicuous feature of the
market, and Canada Southern, especially, dis
played marked strength, though, like others,
all of the improvement could not be held at the
close. Changers also came to the front, and
Burlington led the advance among them, and,
with st. Paul was more active than for some
time. Coal stocks were sluggish, and consider
able pressure was brought to bear upon them in
the early dealings resulting IN fractional de-
cline, with Ilackawanna leading. They became
stronger with the rest OF the list, however, and
early losses were wiped out. The upward
movement met with considerable check when
money rates advanced, and during the after
noon money was up to per cent. inducing
reahzatons ON liberal scale, apd the reaction
from best prices reached from "a TO IA per
cent. Owing to increased interest in railroad
shares the unlisted department was quite neg
lected to-day sales being the smallest FOR weeks
Sugar Redneries opened up ia per cent. at
500. but retired to 5Sl6, and thereafter fiuctu-
ated within those limits. becoming very dull IN
the afternoon. The close was quiet and rather
heavy at the reaction Almost the entire active
list is higher tonight; New Jersey Central is up
1N Missouri Pacific ~. Burlington and Quincy
IL and Canada Southern per cent. Sales OF
listed stocks were ~. 600 shares. The follow
ing wero the closing quotations:
Ale. class A. ITO 1854 Nash. g Chact'a..102
Ella. class 3, b 100 Pa'fic1stmort 90
Georgia 70, mort. 1925 \. \. Central. 1854