The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-05-19

London May 1S.-The Bank OF England has
advanced the rate of discount from 1904 per
cent.
New York, May Is, noon.-The following
were the opening quotations:
Chicago and Northwestern. ...............1O los
Norfolk and Western preferred ......... 264
Richmond and West Point Terminal ....
Western Union. ACKNOWLEDGEMENTS. S54
New York May IS. p. m.--Money on call
easy ranging from 2la to per cent. closing
offered at , per cent; prime mercantile
paper COS per cent. Sterling exchange
shade easier; posted rates "A 87la@4 80. Com
mercial bills 81 S304 So. Government bonds
firm. State bonds dull Railroad bonds
strong.
New York, May 1S.-The stock market while
irregular again to-day, was in the main higher.
The volume Of business was moderately large.
At the opening prices for stocks went up with
a rush the improvement being equal TO 4l1R
per cent. and General Electric leading the
list. Subsequently there was reaction under
the leadership of DiStillerS. which fell on
from II to 1879. The stock still later sold at
10 and receded to II. Sugar was cOHspicu-
GUS feature and advanced 80 TO 81 for large
dealings. General Electric sold at ~. rise
Of 80 from last nights prices. During the
afternoon there was reaction OF 4UlR
under sales to realize profits, but rally Of 3
to 81 followed and the market closed steady
in tome Sales OF listed stock were 297 900
shares: unlisted, $4,000 shares
The following were the closing bids:
AtchIsOn, T& #. 268 ~ y. Central l0l9a
Baltimore & Ohio. ~ N. j. Central. go. l0Sia
Canada Pacific . 75% |NOrf. & Vest pfd.. 2Sia
CheS. & Ohio. 1884 Northern Paclhc. l45G
CHICAGO. b. & O.. 81 do preferred. 1855
Chicago g. Alton. 1876 Northwestern l07s
Cotton Oil........ 80 do preferred. 1854
Cotton Oil pref. 75% Pacific Mail ..... 1879
East Tennessee 80 ~ IHeadlng.. go. :. -
do do pref. - R1ehm 'Hmlnal. "a
Erie .............. 1875 Rock Island. ia
Erie preferred. 80. 80 It. Pau. ......--.. 50
illinois Central. 95l5 St Pau pref......ll7is
Del. Lack g. w. 1895 Silver Certificates SO
Lake Erie u W 1GIa Sugar Refinery 1864
do do pref M do do pref. 80
Lake Shore. .....122 Tenn. Coal s. Iron. II
Lville & Nash. 67l4 do 90 pref. -
Memphis q Char. $40 Texas Pacific. "a
Michigan Central. 81 Union racine. 81
Missouri Pacific. is W aDaSn, ...... Ga
Mobile Ohio. 10 lWapash rel a.. lt.4
Nash. &. y st. L.. So western Union. o4A
STATE BONDS.
Alabama, class a l0l Tennessee, olds; -+63
Alabama. class 105 Ilenn.,hc SET. oS W
Ala0ama class C. *Q5 Tenn. new set. 5S 100
Touisiana cons Is 1897 Tenn. new set. IS - .
North Carolina As $50 Virginia 6s....... 80
North Cardinals III 40 eX-lnatcoqp' @o2
S. Caroa BrOwns*lO05s virginia consoIo'."oO
GOVERNMENT BONDS.
United States As. registered. ...........1l28
United States Is, coupons ...............l l225s
United States 2s.-........ .'.'.'.''''.. .''"V'
&l3id.
New York. May ls.-Sub-treasury balances:
Coin, $50 10 600; currency, sl5,O0-OOO
Cotton.
LIVERPOOL. MAY IS, noon Cotton opened
with fair demand at steady priccs American
middling upands 3-l6d: sales lO,OOO Dales-
american zoo bales; speculation and export
100 tales: receipts 900 Dales-Amcrican 900
bales Futures steady: demand moderate
Futures-American mlddllngj low middIng
clause May and June delivery boid' june
and July delivery 4 7-6id. also 2 Old; July
ana August delivery b6id. also 9-jid. also
40 sd also 4 9-6id' August and september
delivery 4 . Cad also 1864 september ana
Oetoner delivery ID: October and NoYem'
her delivery l4-Gid. November and Decem-
her delivery l5-68d also l6-6id December
ana January delivery ! 65id
n h, = fautgres. American middling, low
middHng clause Nay delivery go. value
Na, ana lime delivery 3 T-Gid. value. June
80 ftIv ae,fverv 1 Dlfa 90iQ July and