The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-10-17
MARKETS By TELEGRAPH.



New York, Oct. l6, p. m.-Money on call
has been easy, ranging from l "a to per cent.
The last loan was at y per cent, and at the
closing was offered at IL per cent
Prime mercantile paper 6l19 per cent.
Sterling exchange Is steady, with actual
business in bankers bills at S4 85tQ4 S5l4 Tor
demand and S. 85GQ4 1874 for sixty days;
posted rates 81 SiGl4 Sc.
Commercial bills A $1,000 80.
silver certificates 73&014c.
The total sales of stocks to-day were 1853 400
Government bonds steady. State bonds
Silver at the Stock Exchange to-day was
New York. Oct is noon.-The following
were the opening quotations:
Erie. ................. 1917
Chicago and Northwestern.
Norfolk and Western preferred. ......... 2Oh
Richmond and West Point Terminal. .... pa
Western Union. OBSERVATION-DISCLOSURES. 81
New York oct ia rumor, purporting to
have emananted from London to the effect
that the Atchison, Topeka and Santa Fe rail
road company have met with failure in the
negotiations looking to the extension OF the
guaranteed fund notes, broke the stock of
that corporation . per cent. at the opening
and was followed by hints OF probable re-
ownership. which caused further reaction
of 4 per cent, some very large blocks OF stock
being thrown on the market. A denial of
both stories and a statement OF the financial
condition of the company by President
Reiuhard stemmed the tide of the offerings
and induced some buying back of the shares
parted with, the final sales being at recOV-
ery of &C. The market at the opening was
irregular but in the main lower. Denver and
Rio (irande preferred showed decline of Y
Der cent and reacted y per cent. additional
closing at IA recovery of &c. With the excep-
ton of the two stocks named, the market
quickly recovered from the depression and on
active purchases prices rose @lQ2 per cent
During the afternoon the market lapsed into
guinness and the dealings grew irregular
very little being done outside OF Chicago, bur
lington and Quincy. Atkinson and St. Paul.
The close was fairly firm, prices being pretty
evenly divided on each side of the market
Railroad and miscellaneous bonds weak.
Thecloslng bias were:
Atkinson, T.& ST. IN Mobile Ohio -
Atom A. ere II 20 Nash. c. & st. L.. 81
do do pref Natl COrudge--. Z5PB
Baltimore & Ohio. 81 id do pref. 81
Canada Paeific.., I312 n. }. Central. lOo52
Canada southern. a Norf. q w est.pfd.. l9l2
Central Pacific. 1884 North Am Il Co.. Al
Chcs. & Ohio. la Northern Baclnc. Ca
Chicago & Alton. 10 do preferred. 1879
Chicago, b. & O.. 7J'8 northwestern llO4
Chirago CAS-. 54ls do preferred 1854
Consolidated Gas 1875 IN. Y. Central. lto4
q &c. a. 1T. L.. 33ls n. a y. H.. -
Co+ton oil certlfs BIZ Pacific Mail ...... "A
EnI AZ Hudson. 10 Pullman Palace .lO8
Del Lack g. w .l52 3 Reading. 1900. 1873
DIS & Cat. Feed. 3Sss hlchm q ulhal' ~
Fast Tennessee do do pref. l4ia
40 - II Rock Isllnd,...... 6ll8
t,ria r,-eferred . &c -LI.N san fprcf ..
+ TiirIie Ceufral qOu 81 Paul ..-....... 51ia
~ 'si,i n Ju,uth - ST. Paul pref. 1885,
~ T. 'gl,v r,rgF I-I. Southern Pacific. Us
= ,l,. a,ria a W. Is sugar Retncry. NIa
az Go uref CO Tenn. Coal & Iron. 49,.
.t,s lbr-a ~ TcEas Pacific.
I,-.4 trH-t 20 VoIr4osbllJ pref htt
,,.itf. A. Nasb 50 Union pacluc..... lt'
|.l''-t.IIrE E A. l3ir we argo -E la0
Manhattan 1924 Western Union. rll.
H,r.ubisND Char. 80 Wheeling j.. J.. III