The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-06-09
MARKETS BY TELEGRAPH.



New York, June g, noon.-The following
were the opening quotations.
Erie. Observation-Disclosures. 173l
Chicago and Northwestern. ...............1 Gf2{
Lake shore. l33l Il
Norfolk and Western preferred ......... ~
Richmond and West Point Terminal. ia
Western Union. Observation-Disclosures. S27a
New York June 8, D. m.-Monev on call
firm. ranging from 400 per cent, closing
offered at per cent; prime mercantile
paper 6iL8 per cent. Sterling exchange weak.
posted rates 81 s6B04 sS1a, Commercial bills
81 SiU4 S65. Government bonds steady
State bonds dull. Railroad bonds hrmer
New York, June S.-1here was decidedly
stronger tone to speculation at the Stock Ey-
change to-day, and an improved feeling in
financial circles generally, owing 10 a further
decline in sterling exchange, which has put
stop to gold exports and more cheering ad-
vices from Chicago. London purchased be
tween 1900 and 10000 shares Of various
stocks and there were moderate buy
ing orders for local investment account. Adj
VGnces in prices were equal to 5a02 per
cent in the general list while Manhattan
rose 81. Lake Shore, General Electric,
Louisville and Nashville and Sugar We're also
conspicuous in the improvement. Western
morning f. ON S255 down to S1B, but the stock
subsequently rose to 50. During the after
noon Cordage which has previously advanced
from l2A TO l4A, declined to II on reports
that the reorganization plan would
assess holders $40 per share. Read
ing at the same time developed
marked weakness and sold down from
Is to 49, The remainder Of the list held tOler-
ably we'll. the final quotations being Il to
per cent, below the highest. The advance rate
for all loan to - per cent. had Verv little or
no effect. because IL was almost immediately
followed by free offerings at to d. Lake
Shore was nOticeably strong in the late trad
ing. selling up to and closing at l23%. Sales
OF listed stocks POS O00 shares unlisted u 900,
The following were the closing BIDS:
Atehlson. 7. & ST. 81 m Y. Central. .... fa24
Baltimore & OHIO ~ ~ J. Central. go. 1914
Canada Pacific. ~ Mort &West.pfd.. 234
CheS. s. Ohio. .... 1873 Northern Pacific. re
Chicago. 3. s. q o.. 1864 do preferred. 1884
Chicago & Alton 1876 Northwestern Doe. 1OtI
Cotton Oil ........ - do preferred. 135
Cotton OIL pref 68EiPacidc MALL. II %
East Tennessee 81. 70 Reading. ........,. l69s
do do pref y Richmd Tminal. IA
Erie. ........-..... l72t Rock Island ...... 81
Erie prcferrcd . SO St Paul ........ 68%
Illinois Central. 90 st. Paul pref. 1I6
Del, Lack Il W. 1872 Observation-Disclosures 834
Lake Erie y W. l7la Sugar Refinery. SSA
do do pref. 69}1 do 40 pref. S5E
Lake Shore ...... 123A Tenn. Coal s. Iron. 1917
LVille & Nash e.. O. 4i do 90 pref. 70
Memphis & Char. 10 Texas P3cttc..-.. so
Michigan Central, 96 Union Pacific. POS
Missouri Paddle. Bass Wabash. 81
Mobile & OHIO. &C.. 70 Wabash prefd.. l6E
Nash. G. & st. l.. 81 Western Onion. S25l
STATE BONDS.
Alabama. class A 100 Tennessee, olds... 81
Alabama class Il. l4 Tenn, new set. is 100
Alabama class c.. qtEiTenn. new set. 5stlnfM
Louisiana consl Is. g6 Tenn new set. 35. SO
North Carolina IS. 97RINirgtnia bs........ %
North Carolina Is 10 do OK -inatco1p. -
$. Caro- IA Browns 9S@IVrginia cOnsols. 50
GOvERNdENr BONDS.
United States IS. registered ...........tl0a
United States As, coupons. ..........-....llll
United States IS Observation-Disclosures ..... yS5s
*Asked
New York, June 7-Sub-treasury balances:
Coin 362 98l 900; currency, 81 0l&,OJ1
Cotton.
Liverpool June 8. noon.-Cotton opened
with fair demand. prices ateadler: American
middling uplands 4asd: sales li.DOJ bales
American II UJJ bates; speculation and export
900 bales: receipts 5000 bales-American
No. 400 bales Futures opened steady demand
mOderase.
Futlros-American middltng low middlins
clause Jrne delivery 4 - 64d, June ana July
delivery yIG4d. July and August delivery
226:d. also I 2}G4d. also 4 236id, also
4 2t-,jId also 23-64d; August and September
delivery 23-did also 2i6Id' ALSO ! . 6id,
also 2f64d. also I 23-6id; September and
october delivery 2EGid also 2j-Gld, also
A .6.6ld also 4 25-6id; October and November
delivery 1 27-Gid. also 4 266id; November and
Deremher delivery 2S-6tdsalsO - CID; De
cernrer and January delivery 4 3;0id. also
4 3a.Gid: January and February delivery
1 3l-Gid. also b Ga.
y. m.-American middling fair 4 ll-lGd
ROOD mlddling 419d, middling I'D, low mid
ding tAd, good ordinary so. Ordinary
Futures American middlinE low mid
ding clause June delivery 1 iSGld sellers:
lame and July delivery : 3-6ld sellers; July
and Nupust delivery ! 19-6lal - ga August
and September delivery 4 2l-6Id value; sep
tember and october delivery - Oi94 2{6ldi
Oetober and November delivery 24-6HD