The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-07-19
MARIE Ts BY TELEGRAPH.



New York. July 49, noon.-The following
were the opening quotations:
Chicago and Northwestern. ............... g6E
Lake Shore ................ .................114
Norfolk and Western preferred. ......... 1871
Richmond and West Point Terminal. .... 2ll
New York, July 10, p m.-Money on cali
ranging from to per cent; closing Of
fered at y per cent; prime mercantile paper
S0l3 per cent. Sterling exchange strong;
posted rates 81 8lQi 50. Commercial bills
81 SCAT 81 Government bonds steady.
State bonds dull Railroad bonds depressed.
New York July H. Speculation at the
stock exchange was characterized by great
depression A sharp decline IN American Sc
curities at London, coupled with rumors of
the financial embarrassment of an import
house there, and heavy sales for foreign &C
count started liquidatOns here on an extern
sive scale, and prices declined rapidly.
Urged on by their success, the bears cirCu-
lated stories affecting the credit of some of
the most prominent houses in London,
Berlin and Amsterdam. On this side
! leading factor in creating anxiety as to
! the stock market was pau!c reported
! in Denver, where a general run was made
| upon the banks. The hears simply carried
| everything before them, and very uneasy
! feeling prevailed in stock circles. although it
| is to be said that the local money market re-
| manned easy, and despite the great shrinkage
| in values. not a single failure occurred at the
stock Exchange. The decline was from to
| points as compared with the final quota
| tions of yesterday, and toward the close,
/ stocks were sold almost regardless of price.
| National starch preferred. fell off 9, Chicago
| gas s5s gen. electric 81. American cotton oil,
| preferred. Z, Manhattan 6, st. Paul5S. Louis
! Vile and Nashville al, American sugar Al
| Burlington and Quincy AZ. National lead AZ
| New York Central ~, LacHawanna 80 and
! Missouri Pacific 3'R per cent. During the last
/ hour of business there was an outpouring Of
| long stock on vague rumor that down town
| bank had called on the clearing house FOR as
! sistanCe but upon Investigation it was found
! that there was absolutely no truth in the
/ story A few stocks rallied 4@ls per cent. in
! the final transactions, but speculation left off
| heavy in tone. Sales footed up 100000 shares,
/ of when 1900 were unlisted.
| New York, July Sub-treasIry balances:
| Coin S67 $50 900; currency, Sl2s25 OOJ,
Cotton.
/ Idverpool July rs noOn.-COttOn quiet;
/ prices unchanged; American mlddllng up
! lands ID: sales 1000 UaleS-American 500
! bales: speculat ion and export 800 bales: re
! cepts 900 bales American 100. Futures
! stntd-: demand moderate.
/ Futures American mlddling, low mlddiing
| clause, July and august delivery 42S6id; Au-
/ gust and September delivery 4 2S-6ld:
| Se1tember and October delivery 4 Dl6+d;
/ October ard November delivery 4 33Gid;
! <otember and .emucr delivery 4 Bod
/ December and January 1876 a; january and
Februar, delivery 4 3T6id; February and
/ M+rcn delivery 80 Gid.
/ 4 d. nl-Amerlcau middling fair 40, good
middliug 45ad. middllng = l6d, low mlddllng
/ n rs good ordinary 4516l. ordinary 4lad.
/ Futures american middliug, fair. 4 I'D;
/ good middrng sd: mipdhnz i'sd; low mid
dIingcl clause / F. d. good ordinary il4d: ordinary
/ lied. July delivery 29-6id buyers; July and
AUGUST delivery 296id buyers: August and
/ SootefL her delivery ~ GiC'4 3l64d: Septem-
] bcr md October delivery 81 6id sellers; Oc-
/ fober and November delivery 32-t4d buyers;
/ November and December delivery 4 |-Gd.
sellers: December and January delivery 4 81
/ 6fdl 96-6id: January aud February delivery
1 376ld buyers; February and March delivery
| 1 3l-6ld sellers. Futures closed quiet but
/ New York. july "a, noon.-Cotton futures
! oDened steady as follows: July delivery SOC;
/ AUGUST delivery s 0l1 september delivery
/ X lie. OCTOBER delivery 8 pic; November de-
/ liv,Iv ale: December delivery 4lc.
/ New York. July Is noon.-Cotton contracts
/ opened steady aud partly ! point down at
/ noon and closed ill5 points below YESTERDAY
/ Sew YORK JULY lS-Consolidated net re-
ceilits OF cotton at al the ports today were
So bales; exports, to Great Britain 3,o0J