Savannah morning news. [volume] (Savannah) 1868-1887, 1883-08-06
Provisions. GROCERIES. ETC.
Evening Report.

FINANCIAL.
LONDON. August 1.-The Economist this
week SAYS that the rate Of discount for bank
bills from 80 days to three months is 334 per
cent. and for trade bills for so days to three
months 81 s(G4l- per cent. stocks have been
quiet during the week. The leather failures
I'm America depressed American securities.
Erie preferred was lower: Norfolk and
Western preferred and st. Louis and san
Francisco l; Wabash = and Wabash pre-
ferred ~.
NEW YORK. August THE weekly state
ment Of the associated banks shows the fol-
lowing changes: Loans decreased $42S.300:
specie increased SIS. 400; legal tenders de
creased Sl22,500; deposits increased $4,000;
circulation increased S262. 300: reserve de-
creased g3,350. The banks now hold s., 24G, 1855
excess of all legal requirements.
NEW YORK, August 4.-EXcnange, 81 $50
Money p atGS per cent. Sub Treasury balances
Com, Sll6,9Di,O0O; currency, S7.0S5,OO0. Gov
eminent bOndsstrOng; four and half per
cents, ll3; four per cents. ll91s; three per
cents, l03. State bonds steady.
Rome, WatertOwn and Ogdensburg consOls
rose To 81, Texas Rios declined to 1884, and
West shore firsts 10 14's. This was the dullest
day Of the week in stock circles the sales
amounting TO only 1851 shares, the smallest
day business Of the year. with the exception
Of July 3d. The market was firmer and "a
p per cent. higher in the early dealings, but
this was followed by decline Of
lJd7s per cent. the latter in Wabash,
which fell of 10 2i5s. Western Union
declined p per cent. to 49,. subsequently
a recovery took place. During the afternoon
there was little or nothing doing and prices
were weaker. the market finally leaving on
al near the lowest of the day. As compared
with last nights closing stocks are lsCG7s per
cent. lower. st. Paul aud New Jersey Cen
tral were al per cent. higher. In special
ties Richmond and West Point advanced
per cent. to 33l and Oregon improvement Is
per cent. to SIS. Manitoba sold up Il per
cent. To III. and closed at ll0ls. Cleveland.
Columbus. Cincinnati and indianapolis de
clined III, per cent. to 6Sl =. sales of stocks
foT"thc week aggregated ~, j25 shares, a de
crease Of 264, $50 as compared with previous
week. The following are the quotations:
Ala. class \, 2tO5 1922 Manhattan Elev. As
Ala. class \, Small+S31a Memphis n Char. Is
Ala. class b, IS 1873 Metropolitan Ell. 50
Ala. class Z, As 1873 Michigan Central S73z
Georgia Us ..-...tl05 Mobile " Ohio 49,
- Is, mortgage 1913 Nash. Il Chatta. 81
'' IS, gold 80. ll3* \. j. Central. .--. 81 I
Louisiana cOnsOlsT6j New Orleans Pa
\. Carolina, old. 80 cifc, LIST mort. 50
new...-.....fl6 Ny. Central -... llj3s
:" funding 900. 10 New York FL - 80
- special tax. ~ NOrf. & W pref. So 4
So. Caro-. Drown Nor. Pacific, com. 1872
cOnsOls. ----- 1925 :" pref. $50
Tennessee 6s, old. b Ohio&Mississippi s214
- new .-....... t39 - pref 100
Virginia 6s----.-. 80 Pacific Mail 900. 36l .
va consolidated - Pittsburg ....... l33
Va. deferred --.-. So Quicksilver ...... ~
Adams Express 1875 . preferred. o.. "a
ch'peake { Ohio. i6sl Richmdd &APgh'y So
Chicago Il Alton 100 Richmd n Danv. 6SI2
Chic. & N'rthw'n l2SI4 Richm'd Il W.Pt.
- preferred 1855 Terminal 800. 33
Chic. St.L.&N.O. IS Rock Island .. l22l%
Consolidated Coal q St.L0uis 4 San f. -
Del, Lack. Il W I25l4 :" - pref 500
Den.&RiOGrande SG55 " lstpref 90
Erie ..-..... Siiz St. Paul ...... 1895
+. Tennessee Ri. - - preferred llS34
Fort Wayne ..-- l3I Texas Pacific . 3234
Hannibal 4 st. 10 > Union Pacific. 49, 90 :
Harlem. -.-.---..-fS U. ;. Express 60
Houston 4 Texas. 80 Wabash Pacific 24l5
Illinois Central. 1915 pref 3S1s
Lake Shore --.-.. l07l- Well 4 Fargo l2l
Lville Il Nash. sos Western Union .. 793
IBID. ASKED.
COTTON.