Savannah morning news. [volume] (Savannah) 1868-1887, 1886-05-30
NAVAL STORES STATEMENT.
MARKETS By TELEGRAPH.
FINANCIAL,

LONDON, May 20, noon.-Consols, lO2 for
money, 102 Lie for account.
NEW YORK, May %. nOon.-Stocks quiet
and heavy. Money easy at l1z(9215 per cent.
Exchange-long, 81 S715; snort, 81 500 State
bonds neg lected. Government bonds dull and
500 D. m.-Exchange 81 s7]6. Money closed
at lG2l5 per cent. Sub-Treasury balances
Gold, sl29. 233. 600: currency SIS, l49, 0c0. Gov
eminent bonds quiet but firm; four per cents
l26; three per cents lOl bid. State bonds dull
but steady.
There was good buying from the start at
the Stock Exchange To-Day, and grangers,
Lackawanna, Lake Shore and Erie have been
the special faYOrites of speculation. The state
ment for the Erie road was issued to-day,
and shows a marked Improvement of the last
one Northwestern was also the special IA
vorte on the report that the earnings for this
week VIII show an increase of over $50, 600
The market opened strong and generally 80
q per cent. above yesterdays closing prices.
There was only moderate business, however,
but nrices advanced from the opening. There
was 81 ght reaction towards noon, but after
that there was increased business and prices
moved steadily up to the close, Northwest
reaching the highest prices recorded this
year Everything ON the active list is higher,
and Northwestern is the most conspicuous,
with nm advance of "a per cent. Louisville
and Nashville Is up to ~ per cent, Omaha
preferred IA, Omaha common Ia, Erie,
Lackawanna and Lake Shore i each. Texas
Pacific. Union Pacific rs each, New Jersey
Central and Chicago. Burlingtouand Quincy
each, and the rest Of the market for frac-
tional amounts. Sales $4,000 shares, the
market closing &c the following quotations:
Ala.class a, 40 1929 Nash. y Chdtta. AZ
Ala. class b, So. l0el4 New Orleans Pa
I5eorgia6s 1901 eide, lat mort. 81
as, mortgage l02 n. Y. Central l0z5z
n. Carolina Is 1873 NOrf. n W. pref. 50
y. Gar1.iq7a IS. s5lS Nor. Pacific -. rs
SO.Caro. Brown pref. 573s
cons0is $500. ITO Pacific Mail.... 532
frnu"a-co 64..... +5S ReGdlng...,...... 237s
rgnia G5 .... "A Richm'd s Apgh. 8
consolidated. 81 Richm'd h DanV.Ill
re Ike q Ohm. Sla Richm'd h w. PIT.
- N'nthw n,ll31s Terminal ..... 29L
''eferroi.. .I40% Rock Island 124l%
Lack. w 100 St.Paul ......... 92ss
............ 26Z - preferred. 1921
e1nes &c Ri. Texas Pacific. l096
mon. ...... So Union Pacidc.... 81
~ Dash. $50 \, j. Central o.. 52h
..hls q Char. 20 Missouri Pacific. 1885,
g. "Ie,S Onio...- u Western Union. CPS
new YORK, May 29.-The weekly state
mem of the associated banks issued from the
clearing house to-day, shows the following
changes; Reserve Increased, S29,425; loans
decreased 1888, 700; specie decreased, 5000. 200
regal tenders increased. S220,600; circulation
decreased. SIS 300: deposits decreased, S444,-
lVO. The banks now hold $l3,S30,o00 In excess
OF the 70 per cent. rule.
COTTON.
LIVERPOOL. May ~. noon.-Cotton steady,
win far demand; middlinr uplands 51Sd;
Tor speculation and export 1000; receipts
none.
Futures: UDlands. low middlng clause.
9iay delivery, 3-6id; May and June, 2 SD I;
July and August. SOD; August and Sep
temOer 5-6ld; September and October, so
l-0ld; November and December, 46l-64d;
september, 5-6ld. Market quiet.
zVO =. m.--The sales to-day included $500
DAles or American.
Futures: UD,ands. low middlng clause,
maydehvery, 8-64d, buyers; May and June,
aH, sci ers: June and July, 3-5id. sell
ere; July and August, 4-64d. re lers; August
aho 5eptember, 5 5-64d value; september
ana October. 2-6fi, sellers; October and
November. 81 Sad, value; November and
'ecember. 4 l-eid. value; September. 5-bid,
oulers Futures closed quiet but steady.
NkM YORK, May 20. noon.-Cotton quiet;
nluuiiAR uplands, Bloc; mddlng Orieans
G; sales zlN balcs.
Fnturea: Market vcrv duh. with sales as
follows: Nay delivery, &c; June. lie: July.
<-ci ADJUST. S2c; september, l6ci DC
toher q 9ie.
$500 p. m.-Market closed quiet but firm;
mludling upiands, 81 Gc; middling Orleans,
Csc; sales to-day ~ bales. last evening" 10 for
ch-Wi met receipts none. gross l,ji4 bales.
Futures: Market closed very ,teadg. with
SAFE. o; co. 500 bales. asfolloWs: June delivery,
1i -tr: JWY. % gl.f1 % @: August. $500
. yes September. 3IlnN pc; October, 10
p 'ci NoveMh .r, . Os00 one; December, l0M
i-ci January liag 10. February, 20
-; March. o 5000 $50.
- l.. Green n Co.'S report SAYS; with
guy amy saeciai new fe4turea. Che market al
tanetd some i1ss points, aud was fairly well
n,id. The conformation - the expected de-
crease in the visible supply possibly had some
lhuuNncc, hut the demand wfs in the muir 70
'ifcf IA pruieetion u cngaaeucht8 ltkclF TO