The morning news. [volume] (Savannah, Ga.) 1887-1900, 1890-04-15

NEW YORK. April Ia, noon.-Stocks active and
firm. Money easy at 40s4l9 per cent Exchange
long, 81 S)014 $50; short, 81 ST14G "a S7l6 Gov
eminent bonds neglected. State bonds dull but
steady
F blowing were the noon stock quotations:
Erie ....... &c.. IA Richm d & W. Pr.
La ie shore. ....101z1 Western I'm on. 81
Mort. g. w. pref. 500
500 p. m.-Exchange closed quiet but steady
at 5 $685.. Money easy at 1895 per cent.
S1b-treasury balances Coin, 1862 1872 900; cur
rency, S4,396,000. Government bonds dull but
steady; four per cents 122 four and a half per
cent, coupons 1881. State bonds quiet but
steady.
The stock market to-day was stronger and
more active than usual of late, and a material
improvement was made in all portions or the
list. The great feature of the day was the i'm
provement in the western railroad situation,
and the growing feeling that an early settle
ment of the difficulties among contending
roads in that section are near satisfactory
solution 1t was at first reported that every
thing had been settled and shorts went in to
cover, showing they are not by any means
confident of their positions, and bulls took hold
with more vim than has been seen on the long
side for weeks. Taking the market away from
the bears, and the probability is that notwith-
standing material rises in prices broug ht about
that, short interest has been very little reduced
by operations. The rise in the early portion of
the DAY resisted with considerable force,
but the effort was unavailing and was soon
given up. The upward movement in prices was
practically uninterrupted, and only in the last
hour was there anything like q halt. the report
that all the roads had agreed to restore freight
to the Missouri river gave rise to another
stimulus towards noon, stocks to which there
has been the most marked selling of late being
the most conspicuous in the rise. Rock Island,
Missouri Pacific, Burlington, ST. Paul, and
Lackawanna were most prominent in the deal
ngs and in those shares the most important
movements were made. the rest of the list being
comparatively quiet within narrow limits,
although the entire market participated in the
improvement. Among the specialties there
were the usual wide and sudden movements,
and bituminous coal shares led in that respect,
both Tennessee Coal and Colorado Coal show
ing marked improvement at the close, though
the former was dull NJ inhattan was strong on
reports of large earnings, and New Jersey ecu
trail and New England were higher on inside
buying and small business Toe unlisted de-
there was more business done in it than usual
of late. The market after an effort to resist
the upward movement ceased showed no
change in its temper, and finally closed quiet
but steady TO firm and generally but a shade
under best figures, some realizing in the last
hour sagging stronger stocks off a little. Ii
was freely stated upon the street to-day that
J. Pierrepont Morgan's departure for Europe
lately hal for one of its objects the placing of
foreign markets. Money worked satisfactorily
throughout, and Notwithstanding the low state
of bank reserves and large demands for loans,
rates on call got only as high as per cent and
closed at 315 per cent. bid. The list is invariably
higher toni ht, and Tennessee Coal is up 234.
Colorado Coal ~. New Jersey Central / Is Man
haitian 1ss, Big Four IA, and New England
shares and 5000 unlisted. The following were
n ou1orQtiODS.