The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-07-11
MARK ETs BY TaLEaAAP
Financial.

Richmond and West Point Terminal. ~
New York. July TO- D. m.-Money on can
firm ranging from 4 to 10 per cent. closing
offered at {; prime mercantile paper 6U,O
percent. Sterling exchange unsettled; posted
rates 81 S3d4LS5 Commercial bills s. 500
! 8Y5 Government bonds strong. State
bonds dull Railroad bonds weak.
Sales OF silver at the stock exchange to-day
were 10000 ounces at Il MCp72tc.
New York, July 1U.-1he stock market was
weak during the greater part OF the day. The
market opened with losses ranging from Il to
per cent in the general list ana "a in Union
Pacific and 2t5 in Manhattan. The depreS-
sion was due to the receipt of lower quota
tions from London and selling orders from
that center, which were attributed to embar-
easements of firms in the South Australian
trade Selling for foreign account continued
as the day advanced and accordingly the
rally in the market. which occurred
soon after the opening, failed to
hold The local bears were unusually
active taking advantage of the situation
abroad and of the failures at the west to un-
settle confidence. The grangers were the
special objects OF attack and yielded 10 to
81 pcr cent from Rock Island, Northwest and
st Paul Darlington and Quincy held com
paratively steady Other prominent shares
yielded . TO . per cent, Louisville and
Nashville Missouri Pacific and Lacka wanna
leading Toward the close oneasier rates for
call money and lower quotations for sterling
exchange prices rallied "a to o per cent, all
around The declaration Of the usual divi-
deud bv the Louisville and Nashville. also
had a good effect Notwithstanding the dis
turred condition of trade the leading commits
sion houses generally report increased orders
for investment. The market left of steady
I'm tone Sales listed lt3.0OJ; unlisted s 900.
The closing bids We're:
Atkinson as ST. II ~ Y. Central 1903
BaIftuoretz Ohio T1aIN j. Centc4l.....l 10!
Canada Pacific. 49, Mort. & " est. pfd. 2Oi5
CheS Il Ohio. 1879 Northern Pacific. l.
Chicago B. Il O.. "a do preferred. 3l4
Chicago Il Alton. 80 Northwestern lOl-
Cotton Oil ....... 32ii do preferred. l35
Cotton OIL pref. 50 Pacific Mall. IA
do, do do pref. Richm'd T'mmaI rs
Erie -.... l5fi Rock Island. e. IS
Eric ureferred. . +3f st. PAU. ..-....... to
illinois Central S9ai st. Paul pref. I12z
Del Lack & 1871 ISilyerCertiHcate 72ia
Lake Erie & W. 10 sugar Refinery el4
do do pref G9i4I do do pref ST
lake Shore 1917 Tenn. Coal & Iron 143f
L'vilIe Il Nash ga do do pref 10
Memphis 4 Char. 10 Texas Pacifc.--, 6la
Michigan Central 30 Union Faclilc.---- 25is
Missouri Pacific. 3Jla Wa hash-.---.- .--- ~
Mobile & Ohio 90. II |NaDdSh pref a. lot2
Nash, G. & St. L.. 50 Nv cStern Union SIS
STATE BONDS.
Alabama class a. 1919 Tennessee. ODDS. to-
Alabama class lU4F Tenn. new set. 6S 81
Alabama. class C. ~ renn..new set IS 70
Louisianacons Is "a IEenn-new set. IS <69
North Carolina As. 10 Virginia bS.-.---. f0O
North Carolina Is. Il5E do eXmat coup. t3o
s. Caro'a Browns 1901 Virginia consols. $50
GOVERNMENT BONDS.
United States As. registered. ......... 11O95
United States As, coupons ......... ......l lOA
United States 2s.......... .........-. ~
asked. fbld
New York. July 10.-Sub-treasury balances
Coin. $50 900; currency, sll,64,OJO,
Coffin.
Liverpool. July 10, noon.-Cotton in fair de-
mand prices steady; American mlodIlng up
lands AID; sales 10000 bales-Anerlcan $40
naies: Speculation and export 500 bales re
CENTS 1000 bales-American 400 Futures
steady: demand moderate.
cIause July and August delivery 23-bfdi Au-
gust aud september delivery 27-6iGl4 2b-6ldi
september and October delivery 27bl1i 2
Cid: October and November delivery 4 y oiia'
Not.er1rcr and December delivery 3064d;
December and January si-diH4 326id; Jan
IIaryand FEBRUARY delivery 3tCidi February