The morning news. [volume] (Savannah, Ga.) 1887-1900, 1890-01-28
MARKETS BY rAnSdaAPH.


NV YORK. Jan. n, noon.-Stoe7s opened
firm. None easy at 304 per cent. Exclan se-
long, 81 S2l4 short, 81 Sj}s Govern lent DO ids
dull out fir H. State bonds duh but steady.
')llowing were the n ION stock quotations:
lrie. :. =. 49,. MS RIchm x ". p.
La e Slore. .1051s westerI Un on So
500 p. m.-Exchange closed at 81 $3.50
4 sig Money easy a. 304 pr cant. Sub
treasury balanc ,s-Coin, Sl6!,057 900; currency,
&c. i52, 900. government bonds dull Du5 stea iy;
four per cents l2l; four and a half per cent.
coupons 104l9. State bonds duh bat firm.
In the stock market to-day additional evil
dence that complete change has occurred in
the temper of speculation was shown. and the
broadening tendency of the market, which W as
so marked last week, made further progress to-
day, dealings extend NJ to a much larger num-
Der of stocks than at any time within tue past
year. The feature of the dealin was active
in some stocks whc have not been traded In
to any extent in months, aud the fact that the
increase in business was entirely among new
set of stocks, which, with but Jew exceptions,
are low-priced securities, was the subject of
universal remark. There was undoubtedly
heavy realizing during the day, notwithstand-
ing the fact that profits in Saturdays market
was of such magnitude, but the market CON
tnued to rise nevertheless, and the new stocks
pressed forward to join in the upward move
ment, and the undertone of the dealings was of
the most pronounced strong character. For
eigners were sellers of stocks to a limited ex-
tent in the early dealings, and these sales, with
a difference in rates for money at two centers,
had the effect of stiffening up rates 70" sterling
to-day which was also an element that worked
against the natural tendency of the market
Fore gners, however, were buyers of their
stocks later in the day, especially Louisville and
Nashville. American stocks are the only securi-
ties which at present show any strength in the
London market, and the disposition to buy
them shows an increase since the rise starte1
here The great feature OF the day was re-
newal of activity and strength in Sugar and
Lead Trust, the former being specially prom-
ment both for activity and strength, and deal
ings in stock were accompanied by renewal
of rumors Of an arrange nent with outside re-
fineries and also, of the story of the resigna-
ton of the HavemeyerS, which was again
denied the rise in Sugar was very rapid in
the early dealings, and IL was Thought IN the
crowd that some OF the sellers of 60 options,
put out at about 50 some time ago, were being
covered. and from 5G3s at the opening, 1t ad-
vanced to 62l6, around which figure 1t was held
during most of the remainder of the day, but IN
the last half hour it was pushed up to ',closng
at the latter price. Lead was not so active, and
made only a fractional advance for the day.
The general list was more active throug 1out,
and fluctuated within narrow limits, but
exhlbite strong undertone. The 5ars made
a demonstration in the last hour, which, with
realiZations, caused a setback all along the line
and the close, while active, was rather heavy at
fl cures. Tn great majority OF the list IS trac-
tionally higher tonight, but important gains
are few. The total sales OF listed STOCKS az
gregated $4,000 shares and unlisted l6,O0O
shares. The folio wing were the closing quota
tiOnS.