The morning news. [volume] (Savannah, Ga.) 1887-1900, 1891-11-28
MARKETS BY TELEGRAPH.


New YORK, Nov. &C. noon.-Stocks opened
dull and heavy. Money easy at 3I1Q14 per cent.
Exchange-long. "a S01S84 500; short, 81 es34
81. government bonds neglected. State
The following were the 2 .. m. stock quota
tions:
Erie. ....;.:.,... 2924 Richm'd 8 w.Pt.
Lake Shore. ...... .12j16 Western Union... s2ss
Norf. & w. pref.
New York Nov 81, 500 p. m.-sterling ex-
change closed quiet but steady at 81 S11S0
4 IS; commercial bills, 81 so4G1i S314. Money
easy at 500 per cent closing offered at 90 per
cent Government bonds closed dull and
steady; four per cents II. State bonds dull
Sub-Trsasury Balances-Coin, sos, 460, 900;
currency, 81 S15, 900.
The stock market was rather more animated
than was generally expected to-day, coming be-
general tendency OF prices was downward, it
took considerable pressure by the professional
element in the absence Of any buying of note,
to accomplish insignificant declines made while
the old tricks of circulating false rumors were
employed to some extent. The opening of the
market was firm, with considerable buying of a
few leading stocks for both London and the
west, but the bears soon attacked Chicago Gas
and sold it down per cent. Whenever this
pressure relieved for an instant, however
the Inherent strength of the stock became APP
parent Immediately, and some sharp rallies
were effected at times, though the final result
of the days trading in it was material loss
There were rumors Rfloat also of some large
house being ia trouble and these gave consider
able weight to selling, but as soon as it became
known that the firm Field, Lindsey & Co.,
it was discovered that they were short Of stocks
and the market became stronger Immediately.
In the forenoon there was some impression
made upon New York Central, which, after
selling up to IFS. retired to 1885, but finally
closed only a small fraction lower than Wednes-
day. The rest of the list generally yielded
fractionally to the pressure; New England was
the marked exception. Its strength was
phenomenal, but, Joined by Distillers, 1t helped
materially to rally the list in the afternoon. The
announcement Of the assignment OF Field,
Lindsey & Co. was followed by a marked
of the more stubborn stocks regained all the
forenoon's loss. Outside of the usually active
list, however. there was no feature to the
trading. and toward the close the attack was
resumed by the bears, with the purpose of
affecting the London market tomorrow morn
ing. Advices from London, however, show O
decided improvement in the situation there,
and that the outside public are beginning to
make quite liberal purchases OF American
stocks and other securities. The impression
made by the late raid was slight, and the
nights figures. though it was dull and heavy at
the time The net loss in Chicago Gas reached
ia per cent. Distilers rose 2 per cent. and
New England per cent The sales of listed
stocks we're 214000 shares and unlisted 5000
shares.
The following we're the closing quotations of
the New York Stock Exchange:
Ala class A, 2-5. .i0l Norf 81 w. pref 50IS
Ala. class B, IS .!07 Northern Pacific. 26Jz
N Carolina cons6s. I21 do pref. n
\. Carolina cons4s. e71S Pacific Mail. sSsl