The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-05-11
MARKETS BY TELEGRAPH.


New York, May TO- noon.-The following
were the opening quotations;
Erie 1879
Norfolk HJGr ana Western preferred ......... 29a
Richmond and West Point Terminal zee. Ga
View" New y MAY 10. D. m.-Money on call
steady, ranging from to per cent; closing
offered at per cent; prime mercantile paper
61a6l8 per cent Sterling exchange strong;
poSted rates a S51a004 S9% Commercial bills
A S3(74 S715. Government bonds steady. State
bonds lower. Railroad bonds weak.
New York, May l0.-The stock market
worked toward q decidedly lower range of
nrices again to-day The rallies which oc-
Cured at intervals. were of short duration.
and as the day drew to a close the bears be-
came holder and attacked both high and low
priced shares with great Vlgor. In addltlOn
10 the talk about a most unfavorable crop re-
port the street was flooded with runors CON
corning the embarrassment of brokerage
concerns here and in Philadelphia, and of the
probable appointment Of receivers for the
Northern Pacific and Erie. None of the ru-
mOrs were verified but they we're made to do
service nevertheless, along with others.
While the depression was very marked at in
tervals there was buying by solid houses, and
the belief obtained that the bears were max
ing drives against special stocks IN
order to facilitate covering in other
narfs of the list. The short interest
is simply immense and the borrowing demand
is brisk both for active shares and special
states Rubber preferred II, United States
Rubber common 8, National Cordage pre-
ferred 10, Sugar preferred 81. Sugar 2B,
American Tobacco 4. Rock Island 26s Lacla-
wanna "a Delaware and Hudson pa, General
Electric Z Manhattan 34, Missouri Pacific 3,
Lead preferred ?, New Jersey Central 4,
Northern Pacific preferred ~ Reading 2,
Pullman T. Omaha 3. Western Union pa,
Wheeling and Lake Erie preferred AZ. At
the close National COrdage preferred recOV-
cred and the general list was \ 10 q per
4l,fl aVt hp1n
latiOn left off feverish and unsettled. Sales,
listed 37q 900 shares unlisted AZ 600 shares.
The following were the closing bids:
Atchison, T 81 ST. q ~ Y. Central l03la
baltimore & Ohio 79I5N J. Central.....10
Canada Pacific. II MORT &West. pfd 2914
Cbcs X Ohio. 20 Northern Pacific. 10
Chicago. Il. & O.. s55s do preferred. ~
Chicago & Alton +136 Northwestern log
Cotton Oil ........ 347f DO preferred. 10y
Cotton Oil pref. .. 71laPacitc Mall. IS
Tast Tennessee . 21s Reading. .......... 225z
do do pref. 10 lRlcnm hlhal' "a
Erie preferred . 3s st. Paul. ..... ..... 70A
illinois Central 81 st. Paul prcf.....1l6
6ei Tacl, a W 1864 Silver Certificates ST
Lake Erie & W. 17a Sugar Refinery. 1873
do do pref 693{ do do pref. Sits
lake shore. -. i23 Tenn. Coal & Iron. 1877
L'ville Il Nash. o. 90 40 pref -
Memphis q Char. 40 Texas Paclhc..-.. ~
Michiran Central 100 Union Pacific. 3l%
Missouri Pacific: 35la WABASH. ..-.. ..... %
Mobile g. Ohio .... l6 wabash pref a.. ia
Nash. C. q st. L.. - western Union. IS
STATE BONDS.
Alabama class a l02 Tennessee, oids: ~
Aieha,un class ID fO4 Tenn new set 6sfiOJ
Ai~poi,1o class sp5 Tenn. new set SIS iO7
Louisiana cons l8 1871 Tenn. new SET 80. IS
North Carolina S. UtsINirRinla Is. -...'-.-.D
North Carolina 6,Fl22 90 ey-maLc coupe
s caro- "a BrownsflpO'a Virginia consols..'oO
GOVERNMENT BONDS.
United states IS, registered. ...........llgH
United STATES A.. coupons. ...........ll Sm
United states &s.-.s...t.s t..s.f.s.s.'''s'TS
sBid.
tx dividend.