The morning news. [volume] (Savannah, Ga.) 1887-1900, 1890-11-29
MARKETS BY TELEGRAPH.
FINANCIAL.


NEW YoRK Nov. %. noon.-Stocks opened
quiet but strong. Money easy at sos per cent.
Exchange-long. 81 sea; short, 81 Si18. Gov
eminent bonds neglected. State bonds dull out
firm.
Following were the 2 p. IN. stock quotations:
Erie. ........... 203s Richm'd & w. PIT.
Chicago & North. 1854 Terminal 800. 1854
Lake Shore. ......1oIN Western Union. 1913
500 p. m.-Excnange closed active and Arm at
"a % 81 $50. Money easy at 4Qs per cent,
closing offered at percent Sub-TreaSury bal
ances-Coin, Sl44,043000; currency 50 6o7 900.
cents 19115; four and half per cents l0i. State
bonds neglected
the stock market to-day was irregular, and
while showing great strength in spots in the
forenoon displayed a reactionary tendency
late- in the day, and the early Improvement
was nearly neutralized, leaving prices but lutte
better as a rule than those OF Wednesday
| afternoon. Conservative bankers and some
| commission houses continue to advise their
| customers TO buy only what thev can pay for.
Traders seem at present TO be the principal
parties In the market; while a buillsn feeling is
| still strong in them, they are easily turned.
| To day the market irregular at the open
ing and bears were inclined TO become aggres-
| sive, traders following suit and invited by the
| comparative quietness or specuiaton' Inc
| force which was all powerful for the moment,
| and in several stocks the lifting power, was SO
| real that operations Of the bearish contingent
| were arrested Immediately, and one of the
| SharDeSC advances seen blIC5 pihOCc ICdCbcu
| their lowest points took place Sugar Refineries
| had opened off 2I2 per cent. on rumor that
| large reiner had refused to deposit his certin-
| Gates but on denial OF the story il shot up per
| cent Rock Island in which there seemed to be
| a movement to force short interest to cover, led
| the movement among stocks OF the regular list,
| and in conjunction with several others was
| lending at premium in the stock loan crowd.
1t shot up from 1854 to 75A. followed closely by
Burlington and Quincy, other Changers, and
| some specalties. Buying, however. reached its
| limit quicSly, and prices began TO sag away
| before noon, when money stiifened up, the rate
| on call rising to per cent. while many realiza-
| tons occurred on the advance OF the forenoon.
| Bears again came to the front, and prices con-
tinued to fall all the afternoon, Lackawanna
being q special favorite in the selling for some
| time IL yielded over per cent, and rallied
only a little over ! per cent. The downward
NOV sment came to an end in the last hour, and
while there were some advances in the last few
minutes, the market closed quiet and only
steady, with most of the list at but slight
changes from opening prices Final Changes
are generally in the direction of higher prices
| ana Sugar Refneriss is up 9N, Rock Island 215,
Burlington and Quincy 13z, and New Jersey Cen
| trail per cent, while the only important de-
| cline is iH per cent. in LackawanDa The sales
of listed stocks were 10000 shares and unlisted
| 90 900 shares.
The following we're the closing quotations OF