The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-12-19
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financial.


New York. Dec. 49, p. m.-Money on call
has Ueen easy, ranging from l0lH per cent.
The last loan was at IA, and at the closing
vas offered at Ia.
Prime mercantile paper, SA94A per cent
var silver bY9sc.
Mexican dollars 56kc. 81 t
Sterling exchange IS steady, with actual bus
mess Ia bankers hills a. a sls494 ~. for
S SKY DAYS avs ana - :. s0A o' for demand;
Commercial bills a sSH04 siA for sixty
"a a-u 8 ". Q Il Tor demand.
Government bonds steady. State bonds
dull. halIroad Londs lower,
Silver at the Stock Exchange to-day was
neglected.
treasury balances-Coin. ss2,752OOo; cur
rency. G27 SS7, 900.
New YORK. Os;.1s nDO1.-Tns following
Ter( the ooeatng q lota -loaS:
Er e.....-....... ........................ I5h
Gnlcagoa11 North Hestern..... lO2A
Norfolk All Es;tsca 3;;ie-re ' 81
R.chmond All VeSs POtlt F5f MA 81. 80. 2as
Western Gnion..., ............, $50. 81
New \ DIRK, Lee I'D slness was more &C
1--WE at the stock Exchange 70 day, but the
activity was at the expense of values. From
start TO finish the bears [ nonStra ed thei,
ABILITY 10 control the co lrse OF ! rises They
we're fay ored by deve.o Jments sd~h as the
Liquidation in New Eng and, the advance in
the rate for steI Ing exchange and the poor
showing Of the st Paul for the second week
IN Decembe.. The break in New Eng and
liom p o ~ ma u, l ' l. to RooI dea OF
taik. II was said that philadelphia and os
Ton holde 5 were selle o. accCult OF in err
nal dist enslons. Tn ais he. Q knew OF no
reason Nhy the stocA sno1ld nave suffered
elch decline as was re orded to-day. and
stated without reserve that the January IN
lereSt would be met. The hears 1t one time
laVin9 CIR lat stories that The payment OF
me liked charges due apout an was doLUtful,
me stock w,s heavily traded ia over 40 90
shares changing hands. iEe loss In st. Paul
had &c al Nl,x.,
and this group reached over figures than for
d ong time. st. Paul ten 4, Nor Invest q,
burlington rs, Rock Island Z and ST. Paul
aud omaha y. he trunk lines were also
weak. particularly fer The higher prioe1 van
dereilt issues. New 70 Cen raj sold down
! 10 1000 regular. 1t bIoug hit 99L seller
d1ty days and wns offered a. eSa Sc Ter
ninety days The stock was Influenced b. a
Iolnoc IRON Loldon lat the comoany had
arranged for the "a OF $50, Q 0OO new
per cent. bonds to pay for the New York
luu Northe n and o her acquisitions In the
% 'pe OF i'm rovemsats. Lake shore fell "a
,h sales OF Il ha es. Last week tho total
tLansactions 10 t.lo stock were ? 2 b shares.
u "a tne thracite coalers, Jersey Ceat. al and
~ "a savanna were without sale. ke4ling
anu delaware and Hudson W re- weak. The
former de lined 10 1914. and the latter 214 10
lolA karly in the daY WHISKY and Sugar
%eIe strong, s oring advances OF q per e 1t.
$50 ~. ana s. respec lively. The early
strength of Whisky was attributed TO the de-
slslOn rendered at Milwaukee sustaining the
concern re ate stem. there were un-
toloted y heavy II u datlons'to-dav, but the
Lest Information is that the market
y heavily oversold, and tn is cor
TU'orate BY the premiums commanded
~ the lea ling iss les. The bears
be Lasing their deals on the
..ueory that cong ess will be una lie
70 dispose OF the tariff question for some
.lue 10 come and the likelihood OF gold eX-
KRIS as well as poor j WAY earnings On
~ ~ me other b 3. tho J.lls Grs Dinniny their
M 70 easy mo ley. 4ut are not active Oy ang
TTgdus ate in the day J. p. Morgan and
~, ~ Pres dent We denied solutelY that
we New fork Central int lded TO MAKE
1I5 5 issue OF tonds as rumored from London,
ilere was disposition o cover short con
20 70 Is near the close and a ral,y Of 4 70 rs
r. cent, ems ed The sales were 4j,0O0
Helares In the inactive stocks Consolidated
las dropped oA, III shville. ana CHATTANOOGA.
4, Norris and Essex, "a; II n and Terre
H. 10 le 2's; Baltimore aud OHIO 4. and
mleel ng and Lake Erie. preferred, 2l.
weak
The closing htSe .S.,a.a,