The morning news. [volume] (Savannah, Ga.) 1887-1900, 1891-10-16
MARKETS BY TsLEG RAPE



Nxw YoRK, Oct. Is. noou.-Stocks opened
dull but firm. Money easy at per cent.
Exchange-long, 81 7RA9i so; short, 81 $50
4 $50 Government bonds neglected.. State
bonds dull but steady.
The following were the 2 p. m. stock quota
tlonS:
Eris. .........,.. - Rchmd W. PIT.
Chicago Norta 114Is Terminal. ..... 1914
L,akeSaore. Western Union. Sl34
Norf & W. pref. 534
NEW YORK. Oct. Is, 500 p. m.-Sterling ex-
change closed quiet but fir at 81 s a
4 sac; commercial bills, 81 791sG4 50. Money
easy at 3614 uer cent; closing Offered at 3 2
per cent. Government bonds closed dull but
rirm; four per cents llDA; -FOUR and hslr
per cents -. State bonds rely nes!ecCed
S1b-r-sssury Balences-Coin. 510i, 427 900: cur
Inc assurances that the new Russian loan will
be taken in full created favorable Impression
upon the financial market of Europe, and led to
a much better feeling upon all classes of securi-
ties in London, with the effect OF higher prices
at that center and an unusual NUMBER OF buy
ing orders in this market for foreign operators
The bear cement at the Stock Exchange, how
ever, has not as yet changed It's position on the
market and traders follow still closely In their
footsteps, although some or the latter went
over to the bull side to-day. Beyond the re-
ammunition OF the publication of its earnings by
Missouri Pacific, there was nothing IN the news
of the day to have any particular eject upon
| the course of prices o-day, out tnere was Kooq
| buying apparently from Gould sources, anu
| this induced many of the traders to cal IN
their shorts and get over on the other side
| This movement gave great strength 10 missouri
Pacific aud it was gain leader IN tne market
| but in an upward direction instead OF decline
| Beside Missouri Pacific marked strength was
shown in Louisville and Nashville which was
bou yht largely for foreign account, out the rest
| Of tie list failed to make any marked move
ment at any time of the day. Opening nSureS
showed advances over those or the last evening
| extending to s. per cent, and the Iorce OF toe
| demand sent the whole list up small fractions
| further in the early declines. Full pear coutln-
gent sold stocks freely on the rally, however,
and most of the list were again brought doW n
/ 20 and even beyond the opening prices. Duli-
| ness followed the Accomplishment OF TINS
result. and while prices crawled upWaru' no
feature mar6ed the trading until wen INTO the
| afternoon. Buying by brokers ldehIlhed WIN
| the Gould party then becam very marked a "a
many Of the shorts went ia 20 cover WIKI bie
| Ell ct Of advancing prices materia4iy hii hlohE
| the line. while increasing largely tte volume "a
business. There was again CONSIDERABLE n-of
| selling on TOP OF tho rise Ia the last louIr hll
/ some stgnt recession from the otsl INJURIES
mnie but the market closed quiet - ste--l1 ~
or near the hignest prices o. Ihs cay y li4.,
changes are almost invarihDlf elfsheoa ~
fractional amonutss out lsoulsYlie ana NASH sl.le
/ rose igk and Missouri Pacific lls pr cent. Ane
| s ties Of listed STOCKS were zi5pv' SHARES anu
unlisted so shares.
fho t1uB mag Fsrs taB cl3s.9s Il3-tt.oAa "t
| the glW lrr y 90 EEalanfe'
Ala.olass A, 2to5. INA no. Pa'nclst mort ~
Ala. Glass 3. -. igsA y y gsetfsl. -
GsofEsla mort. - h9FL " gief''. "a