The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-09-16

rice crop ana advlceS to planters as Co the
; ID was as follows. .F,e~v one Who has me
rice industry az heart desires chat the pro-
Z Queer shah not only get fair but good returns
y Tor time. labor and money expended. and can
= nut lament the depression OF prices during
the past year. Planters are apt 90 blame er-
) cry other man, forgetting each may have con
tributcd by his faction 20 the resulting low
prices. For instance, take last year; when the
crop opened everybody wanted to sell.
and, as result fully twice
as much as the market could take was showed
; into New orleans last September ship
! mentS were continued at an excessive ratio
} throughout the season. aud as result Of this
0 constant pressure the market steadily de-
: clined. IL simply followed the wellknown
: . law pertaining to supply and demand. over
supply makes a low range of value Better
! prices are now being obtained. and we be
| heve there Can be further raising Of values,
but II can only he done by q spirit Of cooper
alton. There are consumers for every sack
= Of rice raised this year. What is to he done?
z Feed the demand. that is ship in proportions
| to meet the requirements OF market.
the losses by drought drought in Ru' Louis a.
lana, and cyclones on the Atlantic coast will
! favor a much higher range OF values than last
s year, and rebound to the benefit of those who
| have been fortunate in making crop What
ever the normal value may be, we would urge
J upon planters the wisdom OF deliheration in
| the disposition of their product, and you and
, your planter friends can serve the crop in
general, and perhaps advance your own inter
ests by shipping in monthly lnstallments,
! time. BY this course the highest average Of
values is more likely to be secured"
The official quotations at the board OF trade
2 at the close OF the market to-day were as fol
| lows,
z Choice ,...................... ..........4H05h
Prlme. .............,. ACKNOWLEDGEMENTS. +G94!
Good........ ...........-...... .31gW3A
= Fair ................... -.....-.......... 1854
J Financial.
Money is easy. The bank clearances for
the past week amounted to Sl,93s,ol7 u.
| Foreign Exchange--The market is steady.
. The following are net savannah quotations;
= | Sterling commercial demand, "a IS; sixty
> days, 81 sla; ninety days, a 500; francs,
| Paris and Havre. sixty days, s. 254: Swiss
:, | sixty days, 10 26l ; marks, sixty days 80 c.
Domestic lSXchange-The tone of the mar
: ket is active. Banks are buying at Is discount
) | and selling at par to "a premium.
Secunues-Money easing up and exchange
: now moving. A fair business is doing in
curities at gradually advancing prlces.
:, Stocks and BondS-State bonds: Georgia
9 3is per cent. bonds, 81 bid, 95 asked; new
? Georgia 4 u per cent bonds 1915 l06 bid, l05
: asked; Georgia Smiths, maturity 1896, 103
. bid 1O5 asked.
. City Bonds-Atlanta per cent, loo bid, 1l9
: asked; Augusta per cent, l02 bid, los asked
Augusta per cent, 104 bid, 1903 asked; Column
bus per cent, 98 bid, 80 asked; Macon 6
per cent 1903 bid, 1O5 asked; new Savannah
per cent quarterly, October coupons 1914 bid.
100 asked; new savannah per cent. quar-
terly November coupons, 1914 bid. lOC asked.
railroad Bonds Savannah. Florida and
. Western railroad general mortgage bonds, 8
D per cent. lQJef6SbCOupOnS, IU4 Dlu, lUD asked;
Atlantic and Gulf first mortgage consolidated
) per cent. coupons January and July, matu-
Hity 1897. l03 bid. lO5 asked; Central con
sOl1dated mortgage per cent. coupons Jan
! uary and July maturity 1893, 100 bid i02
z asked Central Railroad and Banking Com
. pany collateral gold 5s 70 asked: Geor
. gia railroad 6s 1910, 1O2 asked; Char
5 lotte. Columbia and Augusta first mortgage
: 80 bid 100 asked; Charlotte. Columbia and
9 Augusta second mortgage, los bid, no
asked: Charlotte, Columbia and Augusta
% general mortgage per cent, ~
1 asked; Montgomery and Eufaula first mort
= gage indorSed 6 per cent. 81 asked:
Georgia Southern and Florida first mortgage
3 per cent. trust receipts, 10 bid, = asked
2 savannah and Atlantic IS, indOrsed as
: asked; South Georgia ana Florida lndorsed
hrsts, l0I asked; South Georgia and
Florida second mortgage, 1O6 asked
Savannah and w estern 5S, Endorsed by Central
railroad, trust certificates. 80 bid, Al asked
Savannah Americas and Montgomery Is
A. bid, 50 asked; Ocean Steamship per cent.
bonds 1920, 81 asked: Gainesville, JET
= ferSon and Southern railroad, first mortgage
4 guaranteed, SO asked; Gainesville, Jefferson
D. and Southern, not guaranteed, 81 asked;
d Gainesville. Jefferson and southern second
mortgage, guaranteed, 80 asked Columbus
I and Rome, first Endorsed Is, 40 asked;
T. Columbus and Western per cent.
% first guaranteed, 50 asked; Augusta
40 first mortgage bonds. 65 asked; CITY
20 and Suburban railroad, first mortgage per
= cent. bonds % asked; Electric Railway
q Railroad Stocks-Auglsta and Savannah I
y per cent Guaranteed, or asked; Central
81 common Is asked: Georgia common, 1870
- bid, 1873 asked; Southwestern, Z per cent guar
IS anteed, with dividend order 30 bid, IS asked;
D. Central per cent. certificates. with or
\. der for defaulted interest, lS Did, % asked;
Atlanta and West Point railroad stock
50 asked; Atlanta and West Point 6 per cent.
M certificates. 80 asked
N Gas Stocks-Savannah Gas Light stock,
10 20 asked: Electric Light and Power
NJ Company 81 asked.
70 Bank Stocks-Southern Bank of the State
| Of fsv
NJ ttOnal Bank, % asked. Savannah
% Germania Bank 90 asked; Chat
a Estate and Improvement Company, A.
: asked; National Bank of savannah,
5q5 aT Tea ae Qsle i peska Sav2ss
IS vannah Real Estate, Loan and Building Com
s pany, 80 asked; Title Guarantee and
e Loan Company, 20 asked; savannah
e Construction Company, So asked; Ciu-
s zens Bank. 80 asked.
l. Factory Bonds-Augusta Factory Is, 05
If bid, 90 asked; Sibley Factory Is, 81 bid, 80
n asked Enterprise Factory Us, SO bid. l0l
asked Eagle and Pnenix Manufacturing
7; Company per cent bonds. 50 asked;
" 81 asked; Eagle and Phenlx
70 Augusta Factory, ~ bid. - asked; Granite
y Vile Factory, al BID $50 asked; Langley
70 Factory 80 bid, 95 asked; Enterprise
u Factory common, SO bid, W asked; J. p.
% King Manufacturing Company, 81 bid IOl
" bid. 81 askud:
" Miscellaneous Markets
W Bacon-Market steady. The Board of
NJ Trade quotations are as follows
~ Smoked clear rib sides. 12c 4 shoulders none:
N | dry sailed clear rib sides, / ec long clear
" 1liac; bellies, 1lhc; shoulders, none; hams.
"a | sugar cured l3%c,
" i3agglng and Ties-The market quiet n oni-
y nal. Jute Dagging "a b, &c; IN, o3c; Ia &c.
" quotations are for JOB ious small lots
NJ higher; sea island bagging 121sc. Iron Ties
% | Large lots, 81 o.; smaller lots, 81 O1.
% | Butter-Market ner. fair demand. Go.
\ shen. &c; gilt edge, 2)c; creamery, &c;
II Elgin, 2Sc.
: Cheese Market firm; fair demand, 1)1l0
" | Zee small summer cheese, lac, 20b aver
u age
tabbages Western. per head 7nSc
NJ Conee-Market dur quoted at for Mo.
y cha 2Fn2>c; Java2 613 c; Peaberry, D NJ
~ fancy or standard No. 1, 211ac owe. choice or
~ standard No ,. 212c: prime or standard No
o 3. 2Jlqc: good or standard No 1. 20c; fair or
p | standard No 5. ligc; ordinary or standard
u No ~ &c: common or standard No Z, 1Sc.
- Dried Fruit-Apples eVaporated. 101ac com
. mon 6S.@g754c. Peaches. California evapor
" ated peeled 22624c; California evaporated
: unpeeled 13G6l5c. Currants, 5n5hc. Citron
. I6c. Dried apricOts, l6c.
S Dry Goods-The market IS quiet, demand
light. Prints acc Georgia brown shirt
e ing, 81. &c: 7-S do arc; "A brown sheetng,
/ c: white osnaburgs, St8Shc; checks, 414tG
a