The morning news. [volume] (Savannah, Ga.) 1887-1900, 1890-09-27
MARKETS BY TELEGRAPH.
FINANCIAL

FINANCIAL
NEW YORK, Sept. 26. noon.-Stocks opened
long, 81 Sjtd04 SOY; short. 81 s41504 $40
Government bonds neglected State bonds dull
but steady.
Following were the p. IN. stock quotations:
Chicago North lo'Es Terminal .... :. 1919
Lake Shore. ......l06N Western Union. So
Norf. W. pref.
500 p. m.-Excnange closed quiet but steady
at 81 ot1s94 S3l4. Money easy at 3a4 per
cent. Sub-Treasury balances-Con, S155. 302 900;
currency, S5,6j9,0O0. Government bonds dull
but. steady; four per cents 12|1a; four and a
half per cents 1881. State bonds dull and
barely steady.
The stock market to-day was, usual of late,
quiet to dull for the general list but active and
weak for few stocks, in which the bears are
making special effort with the hope of start
ing liquidation in the rest of the list The selling
to-day was rather mixed. and it is undeniable
that some of the weakkneed bulls lost courage
from the readiness with which such stocks as
Atchison. Union Pacific. and others nave yielded
to the pressure. The general list however
while duh, displays the same old frmness, and
even an advancing tendency when let alone,
aud responds very slowly to special attacks
upon certain stocks and while there is no
marked improvement in view OF the long de-
layed appearance of influential spectators on
the bull side and some hesitation to embark in
adventures in the stock market, the undertone
Is undoubtedly strong and prices show dis
position to seek higher level whenever the
Dear preSSurei is removed. Inc news OF Tue DAY
was rather of an encouraging nature, the sign
ing of the Colorado Midland deal and the prac-
tica completion of the tariff bill being the most
Influential factors. The former, however could
not prevent further decline In Atchison, W nch
was pressed for sale with undiminished vigor
especially in the early portion OF the day. The
latter did hold in check the downward move
ment in Sugar, although it was Intellectual in
scoring any gain Louisville and Nashville was
sold freely because it lacked support either
from London orders or insiders, and London
was seller to a moderate extent of its special
ties on the prospect Of dearer money, although
how much of the apparent selling by London
was genuine is an open question. The opening
was lower all around, with Sugar down ~ per
cent, and while that stock was advanced 2 per
cent. after fractional further decline, 1t failed
TO reach its last nights price at any time during
the day, and also failed to hold its recovery
closing with a material loss for the day The
general list was pressed for sale in the forenoon
with Atchison and Louisville and Nashville lead
ing, but losses were generally for small frac-
tio1s only, and later in the day there was not
only no pressure of any account, but consider
able buying for short account and for delivery.
Pacific Mail was the weakest point in the early
trading dropping ia per cent, but while it re-
covered partially, il later went back to the
lowest point again. The market finally closed
dull and steady to firm generally at about
level Of opening prices, and final changes are
generally for slight losses. The sales of listed
stocks were 10000 shares ana unliste 1 $1,000
shares. The following were the closing quota
tions: