The morning news. [volume] (Savannah, Ga.) 1887-1900, 1890-12-20
MARKETS BY TELEGRAPH.
FINANCIAL.

New YORK. Dec. 49, noon.-Stocks opened
dun and stagnant. Money easy at 4Q5 per cent.
Exchange-long, "a 1904 sou; short, 81 $40
4 SAY. Government bonds dull but steady State
bonds dull but steady.
Following were the p. IN. STOCK quotations:
Erie G5iss1o North 1926 Rl Gamma q w. Pt ,5s6
Lake Shore. ......106 Western Union. 70
Norf & W. pref.
500 D. m-Exchange closed quiet but strong
at 81 s1@4 $50. Money easy at 3GS5 per
cent, closing offered per cent. SubTreasury
baances-Coin, l45, 9T4 900; currency 81 057 900
Government bonds closed dull DuC steady;
four per cents 12916; four and a half per cents
10S1e State bonds dull an featureiess
Wall street to-day presented almost holiday
appearance as far as the desire to do business
was concerned, and transactions fer the day
fell away to the proportions Of quiet Satur-
day while in most OF the list fluctuations we're
scarcely perceptible, and dullness aud stegna-
ton we're the only marked features OF the day.
In addition to the usual suness before holt
day, every one is waiting to ses the outcome II
legislative measures now under consideration at
Washington, and the growing opinion that the
bill now pro posed viii never become a law was
shown in the declining tendency of Silver Ger
tiflcates Bankers place the amount of gold
now locked up in the vaults in New York alone
at about $4,000 600 all OF which will again
make It's appearance and be deposited in banks
as soon as 1t is certain that free coinage legisla
ton is defeated the principal feature OF the
business in Wall street for the pnst two days
has ca the buying Of bonds and divideHd-pay-
ing stocks. Today the market was affected by
the extreme apat ~ Of all classes Of operators,
and London figures coming lower with some
light selling OF few of the London favorites,
opening prices we're lower. 461M per cent.
being taken from last nights prices. Lack Of
buyers and tne selling Of the opening encouraged
traders TO take the short side for a turn and a
steady pressure was brought upon ons or two
stocks, among which Louisville and Nashville
was the most prominent The downward move
ment. however. lasted only for MALT an hour at
the first and further slight fractions being lost,
the market rallied N about the level Of the
opening figures but became insufferably dull,
and long period Of stagDation 10 prices TO-
loved Lake Shore was one of tine strong spots
ald st. Paul and Union Pacific were well held,
whils Silver Certificates, after opening down.
Yetine1 I per cent. further In the last hour
there was some weakness again apparent. aud
louisville and NASHVILLE lost anothar fraction.
p!acing Is materially lower than last evening.
The nlatket, however, closed very dull and
fairly steady al abgnt opening prices for most
o. the list Final changes are alniost ell IN the
direction OftogeT figures, bot oaly Louisville
asd Nashville, With a loss % ~ per cant, aud
Silver Certificates with q loss 81 ~ per ceDt. 4,
show any material caangs. The sales 81 listed
stocks were e0o shares ana usAstsd 400
shares.
The following we're the cloaipg quotations Of
Ehe Neg ferk stOek ExcaanRe;
Ala f.iass A 2tos laf NO Pa'fofef mart Al