The morning news. [volume] (Savannah, Ga.) 1887-1900, 1889-04-06
MARKETS BY TELEGRAPH
FINANCIAL.

FINANCIAL.
NEW YORK, April 5. noon-Stocks dull and
heavy. Money easy at per cent. Exchange
long, 81 $500 S63; short 81 SS4d4 80. Gov
eminent bonds neglected. State bonds dull
but steady.
Erie ....... % Richm'd & w PIT
Chicago North 1052s Terminal. GO
Lac Shore e.. lol9s Western Union. s49s
Norf. & W. pref 50l6
at 81 S7141D4 S915. Money easy at 316GD4
per celt., closing offered at 35. Sub Treasury
baances-Gold. Sl53, 396, 900; currency, SIG, .65,
900. Government bonds duh but steady; four per
cents 1854; four and half per cent coupons
l0S. State bonds entirely neglected.
Trading in the stock market to-day gave ad-
ditional evidence of a complete change in the
speculative temper which mas occurred during
the past two days, and buying to-day was 10y
the most prominent houses While sellers were
principally the local bear cont nSent, there
being marked falling OFF in selling orders
ceiyed from out-of town, especially from Boston
and Chicago. The market decd ,dly
broader, dealings being extended to more stocks
than usual of late, and leaders did not show
such a large proportion Of aggre gate transac-
tons. The notable feature was the resumption
OF marked advance in speciatics, of which
several, which have been dormant for months,
became conspicuous for the improvement
There was q moderate volume Of bus ness at
tie opening, and first prices were generally 16O
&c higher than last evening nut except in New
Jersey Central and Texas opening prices were
not maintained. The pressure was not main
tanned, however, as the demand became more
general, and before the end OF the llrSG nOur
the entire list rallied, aud was quicidy brought
something above the opening. There was large
trading in Atchison, and il became the most
active of the list Reports that tn new names
to be voted for at the next meeting are very
strong ones, together with the fact that the
closing OF the books is set for next Tuesday,
stimulating purchases of Stock Tha mark
quoted down towards noon but the upward
tendency still continued, and IN the afternoon
the movement became more pronounced, with
Missouri Pac ic, Burlington, Rock Island and
Atchison especially conspicuous. Later reports
that the earnings of St. Paul for the quarter
would show an increase in net of about S ,00G,-
900 brought thai stock more to the front. and It
moved up sharply. Louisville and Nashville
was also mig Ter on an increase of Il per cent.
its March earnings, and at the same tine
coaers, which had been rather sluggish, moved
up with the rest. The marEet closet quiet but
strong at about the best prices of the day.
Among the specialtes which became copspicu-
for their advances were Pittsburg and
Western preferred, Pullman, Mil Yankee. Lake
Shore Nickel Plate first preferred Consolidated
Gas and San Francisco first preferred, while
Ohio and Mississippi preferred agd Oregon I'm
provement were weak spots IN the list. With a
few unimportant exceptions, the active list is
higher tonight and Consolidated Gas rose 2M,
st. Paul preferred ?. Atchison, Burlington and
Missouri Pacific, and Northwestern ID per cent.
each. The total sales were 5000 shares. The
following were the closing quotations: