Savannah morning news. [volume] (Savannah) 1868-1887, 1884-01-06
sIARKErS Nv reLeGmAFH.
Noon Report.
Pin AHCIAL-

NEW YORK. Jan. 5.-StorEs sDened strong.
Money in good supply NJ 3G2H per cent. ~
chang duh -iOnG, 4 S2i4 ShurJ, 1851. State
bonds steady. Government bonds frmer.
COTTON
LIVERPOOL, Jan. b-CotJ0p opened firm
mid Ting upian'lH 1910 :: midiIn2 Orlean
6E 1: sales l50n haie---fOr speculation and
export 2,OH bales; receipts Is, 100 bales
American l., 400.
, Futures: Uplands. low middling clause.
January and February delivery. 5 60 -64d I;
February and March. 6}-6fd: March and
April, 6 2-64 al S-6ld; April and May, 6 Gid ::
May and June, 9-64d; June and July,
g l3-6id; July and August, l6-64d. Market
quiet.
80 p. m.-Sales to-day included II 300 bales
Of American.
Futures: Uplands, low middling clause.
February and March delivery. 62-6ld: March
ard April, 2-f4t; April and May, 5-64d;
Nav and June. S-6fd; June and July,
s l2-6id. Market closed steady.
new GOkK. Jan. j.-CUJJUu firm; mitdilng
unlands 10 ~; middiing Orleans IuIsc: sales
90 bales.
lows: January delivery. 10 &c: February,
10 Use: March. 10 94c; April, II 09c: MAY,
II 23c: june, ii 3d..
The total visible supply of cotton for the
world s }. u I,61l bales, OF which 2SS3,SIi bales
are American. against 3, 1913, l65 ami 2,5Sl, sos,
respectively, lat year. The receipts OF cotton
at all interior towns for the week were G9, 1913
bales: receipts from plantations, I26, 276 bales.
Crop in sight, 4,42l,l95 bales.
PsnvtsIoNs. aKpoEKTgs. ETC.
LIVERPOOL, Jan. 5.-COrn. new mixed, 5s
3D.; old, as ; 1. Bacon, long clear middles, 40s !;
short, Ais cd.
NEW NttKK. Jan. 5.-Fl0ur dull and weak
Wheat opened & 1lzc lower; later recovered
from the decline. Corn opened 1s(9L{c lower:
afterwards advanced A(9}6C. P0FA dull;
mess, Sl4 62l9ql5 %. Lard firm at i5c.
EreiVhL- quiet and firm.
BSLTEAOEE. Jan. 5.-FIour duh and IN
changed; HoWgr" street amt Western ST.
pe iiHe. 3 0OG3 50; extra, - IS a. 70: family.
IS 00g5 IS; city mills superliue, 81 90 g3 IS
EXTRA. s. OG66 g. Ria brands. 50 TSGi 60.
Whe t-Southern steady and firm; Western
steady and inactive; >os iheru. red 81 07,csl II,
Sm',er 81 y al IL; No. Maryland, 81 lIj4g
l H.; No. W--tern N-'nts.r rect, on spot
and for January, 81 OG1z6DI O67S. Corn-South-
ern firm; Western easier and dull; Southern,
white s4,e5Se, yellow 559595%c.
NAVAL ST1eH-.
LIVERPOOL. Jan. 5.-CommOn rosin, As 8d9
4s 81. TIrpentine, 26s 6dg2T-.
NEV YoRE. Jan. 5 spirits turpentine
firm At $50. ROsin steady at 81 471z9l IS.
Evening REPORT.
FINANCIAL.
LONDON. Jan. 5.-The Ecomonlst of this
week says: The rate OF discount for bank
bills. 80 TO days, is ~ per cent. and for
trade bills, 90 to 30 days, 234 gS per cent.
Stocks have been inanimate. Egyptian bonds
have advanced upon reports that Great Brit
ain has decided on a more resolute policy in
Egypt American railway securities have
been quiet aud somewhat weaker. Denver
and Bio Grande common, Lake shore and
w abash have fallen per cent, aud Ohio and
Mississippi, Oregon and CALIFORNIA, aud St.
Louis aud san Francisco preferred per cent.
Louisville and Nashville mas advanced q per
cont"
NEw ORLEANS. Jan. Electromagnetic
ers' sterling, 81 S2l@.
NgT NUKs. dan. 5.--ExcHauge, 81 S21<.
Money, l.QD21% per cent. Sub-TTeesury bal
0rR. I.
Government bonds firm; four and a half per
cents, ms; four per cents. l23H; thIec per
cent. ltO bid. state hOnds quiet.
The weekly statement OF the associated
banks, issued to-day, shows the following
changes; Loans increased So, $500; specie
increased 2,40S, 900; legal tenders increased
Sl.3i3 400: deposits increased 80, l5I, 200; CirCu
lation decreased $15O,l00; reserve increased
Sl,i63.0J0 The banks now hold $6,2ll, $50 in
excess Of legal requirements.
At the opening of business to-day at the
Stock Exchange sharp drive was made
against Union Pacific, st. Paul, and Lake
Shore on the announcement that Commits
soner Fink had o. dered tie Trunk Lines to
reduce their rates 10 cents per loo on various
classes OF freight. and GA advices from the
est that the Chlcag ,, Burlington and Quin-
cy and allied roads had been unable TO come
TO terms. st. Paul declined y. u niOn Pacific
~ and Lake Shore - per cent. The weak
ness was OF short duration, and before Il a.
IN. the market was accorded strong support.
speculation for the remainder the day was
etEOtlEs anu III times ultf} tuL. ENiucuGGo are
not wan ing that leading operators are free
buyers. After midday there was qui c a boom
on the reports from the West that Chicago,
Burlington and Quincy hat decid ri to pool
competitive business after the 18th inst. CnI-
cage, Burlington and Quincy rose "a. North
wet Is. ST. Paul -, Ldckawanna l, Missouri
Pacific rs, Louisville and Nashville IA, Lake
Shore IL, Michigan Central "a, New York
Central /, Northern Pacific l, Oregon Naviga-
lion 30, Oregon Tran>cOntinental =, Reading
3, Wabash preferred Ia, Texas Pacific rs.
Union Pacific ~, and Western Union u per
cent. This was followed by fractional reac-
tion. huI near the elise the market moved Up
rapidly once more, with steady buyers of
Louisville and Nashville, Missouri Pacific,
Western Union, and Mon Pacific, and the
rise in the sau4e had a tendency To start the
whole market. There were large purchases
of stocks throughout the day. both for local
and ont Of town account and operators dis
played greater confidence than at any time
for months past. The investmentOf January
interest and dividen mOaeyS has set in ac-
lively, both in railway shares and bonds.
Compared with last nights closing, prices
were st93 per cent. higher, the latter for
Michigan Central. The majority of active
stocks show an advance OF i@l1z per cent.
Sales aggregated $4,000 shares, the market
closing an the blowing quotations: