The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-11-28
MARKETS BY TELEGRAPH.


New York. Nov. p. 6 p. m-Money on call
has been easy, ranging from l@1h per cent.
The last loan was at ~, and at the closing
Prime mercantile paper, 1855 per cent
Bar silver 69l4c.
Mexican dollars SIC.
Sterling exchange is easier, with actual bus
mess in bankers bills at 81 1904 1914 for
sixty days and 81 S5464 S51a for demand;
posted rates 81 S3l%654 s61z.
Commercial bills 81 81 246D4 s21( for sixty
days ana ~ 5000 S41a for demand.
Government bonds firm. State bonds
duh. Railroad bonds strong.
Silver at the Stock Exchange to-day was
neglected.
treasury balances-Coin, sol S51 600; cur
rency, S24239 600.
New York. Nov. 81 noon,-The following
were the opening quotations:
Chicago and Northwestern. ...............10 1861
Lake Shore. 1870 ,
Norfolk and Western preferred. ......... 2112
Richmond and West Point Terminal 800. 8
| western Unlon.... ........'...-,.,.-. 9O9s
New York Nov. 27.-The recommendations
| of the ways and means committee on the pro
| posed tariff bill demoraliZed the market for
| the industrial stocks to-day. Prices broke
| badly and trading on those issues reached
| the enormous total of 203, 376 shares of which
| 1882 were among Sugar This stock also
| led in the decline, falling from 92& to s56.
| fined sugar from q to &c per
| pound was considered a severe
blow to the company, and there we're
people in the trade who claimed that it meant "a
| curtailment of-not a cessation of-dividends
| by this corporation Distilling and Cattle
| Feeding broke from 3)l4 to 26la in anticipa
| ton that the reduction of the tax on distilled
spirits viii be smaller than generally eX
! pected. 1t will he remem bered that the stock
| went up lately on rumorS that the tax would
! be advanced 20 to 80 cents, but now it is
| thought 1t will be only TO- per gallon. Cord
age was depressed owing to the an
| nouncement that binding twine will
! be put on the free list. Lead also broke
| badly, the reduction in the ad valorem on
| the finished product to lac against &c, and
| the duty on pig to &c against &c having led to
free sales. Sugar and Chicago Gas were freely
! sold and scored heavy losses SO far as the
! railroad list is concerned. II may be said that
| it held up remarkably well considering the
! break in the industrial group. Toward the
| end of the session, however, there was more
| disposition to sell, and the railroads again
/ declined The greatest losses were Amer, IA
! Distillers, ga; General Electric pa; Chicago
! Gas Ia: Burlington and Quincy. Ia; st. Paul,
! Ia; Miss olTi racine, Ia; Lead,
| %: lead preferred g. cOrdage "a cordage
! preferred Pc: New Jersey Central 2is New
| England 93i omaha q. Union Pacific 8, and
! movement abated and slight rally resulted.
Com pared with saturday : final figures, how
| ever the lea ling issues show losses Of 4 to
/ 81 per cent. the lnduStrlals leading. In the
| specialties. Rio Grande and Western rose B,
/ Morris and Essex u, Chicago Junction and
/ 33. Total sales of listed and unlisted stocks
/ we're 33i coo shares. Railroad and misCella-
/ neouS bonds were not affected by the demora-
/ lization in industrials and furthur advances
] were scored.
! The closing bids were.
] ~. @