The morning news. [volume] (Savannah, Ga.) 1887-1900, 1891-04-24
MARKETS BY TELEGRAPH.


FINANCIAL
NEW YORK. April 90, noon.-Stocks opened
active and strong. Money easy at 1904 per
cent. Exchange-long, 81 858i $50; short,
81 S9l4G4 Ss16 Government bonds dull but
steady. State bonds duh but steady.
The following were the p m. stock quota
tions:
Ere. .............,. 2OA Richm'd & W.Pt.
Chicag 90 & Nortn. III TerminaI....... 1919
Lake Shore. .......1l3I6 Western Union. 824
New YORK, April %, 500 D. m.-sterling ex-
change closed quiet but steady at s. $50
4 1919; commercial bills, "a S41214 s.. Money
easy at 3GQ31s per cent, closing offered at 3
per cent Government bonds closed dull and
easier four per cents 1214, four and half
per cents 102. State bonds closed dull but
steady.
Sub-Treasury Balances-Coin, S139,I1s, 900;
currency, SJ,!52,000.
The stock market to-day, especially in the
forenoon, was an extremely active and
buoyant one, with quieter state of affairs in
the afternoon and some concessions from the
high prices of the early trading. In conSidera-
ton Of the amount of business transacted, the
strength shown was in many respects remark
able Rock Island was especially buoyant but
most or the others did not get as much as per
cent. above their opening figure, and Gould
stocks and industriaiS we're not only sluggish
to-day, but inclined to weakness. To the latter
Lead trust was an exception, and displayed
great strength throughout the day, with com
Daratvely large amount of business. Foreigners
were credited with being sellers of Changers,
but Louisville and Nashville was throughout the
forenoon one of the strongest stocks on the
list, keeping pace with the leaders. Chicago
Gas, notwithstanding the prominence of the
Chicago party in the market, was left to take
the same course as other industrials, although
it improved late in the day. Outside of Rock
Island however, there was marked move
nent among the active stocks, but inactive
shares furnished several instances, Chicago and
East Illinois stocks, Lake Erie and Western
preferred, Flint and Pere Marquette, and one or
two others scoring handsome gains. The open
ing was made at irregular changes from last
nights prices but the majority were from $50
Is per cent higher, and under the influence of
heavy buying and efforts to realize on advances
of Yesterday, an extremely large business was
done but at advancing prices al along the line.
The urgent dema was in a measure satisfied
in the first halt hour, but extreme activity pre-
vailed throughout the forenoon, andno conces-
sions were made during that time. Reactionists
were again at work in the forenoon, however,
hut with only slight effect. The market is
growing broader, and in consequence every set
hack increases the number of buying orders
Tndustrials were hammered heavily in the
afternoon. and Sugar dropped off ~ per cent,
but rallied somewhat later. The market finally
closed active and firm at close to the best prices.
Finat changes are generally fractional advances,
and Burlington and Quincy is up 13s per cent,
while Sugar is down 19s per cent The sales
were 3q6, 600 shares of listed and $4,000 shares
of unlisted
The following were the closing quotations of
the New York Stock Exchange: