The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-07-15

1898, lf6ls bid. - asked: savannah and West
ern railroad per cent trust certificates, AZ
BID, ~ asked savannah Americas ana
Montgomery pen cent % bid, % asked.
Georgia railroad per cent. 1910, 107 bid, lJJ
asked: Georgia southern and Florida first
mortgage per cent. bid, 81 asked;
Montgomery and Eufaula first mortgage .
per cent Endorsed by Central railroad, 9Siz
bid. 100 asked; Augusta and Knoxville frst
mortgage per cent. % bid. l0i asked; Ocean
Steamship per cent. due in 1920 81 bid. l90
asked: Columbus and Rome first mortgage
bonds. indOrsed by Central railroad, IL Did. -
asked; Columbus and Western per cent
guaranteed, 80 bid, - asked; City and Sub
urban railway first mortgage per cent, -
bid 50 asked; Savannah and Atlantic per
cent, Endorsed. p bid 40 asked; Electric rail
way first mortgage is, 55 bid, 65 asked: south
Georgia and Florida first mortgage Z per
cent, l05 bid, 1O6 asked; South Georgia and
Florida second mortgage, 104 bid. l05 asked;
Alabama Midlands. So bid. 30 asked.
Railroad Stocks-Central common, 10 bid,
20 asked; Augusta and Savannah per cent.
guaranteed, IS bid. IS asked: Georgia com
mon. 14l bid, IA asked; Southwestern
z per cent: guaranteed including or
der for div. - bid 72l5 asked: Central 6 per
cent. certificates with order for defaulted
interest, q bid. 30 asked Atlanta and
West Point railroad stock, IS bid, IS asked;
Atlanta and West Point per cent certih-
Gates. 80 bid, 81 asked.
Bank Stocks, Etc.-Southern Bank Of the
State Of Georgia, 1871 bid. - asked ex d1yi
dend: Mer hants National Bank 90 bid, 81
asked BA QiVlQGuQi savannah Bank anu rust
Company, 9S bid, 9o15 exdividend asked:
National Bank OF Savannah, 1873 bid, 100 ex div
idend asked; Oglethorpe Savings and Trust
Company. 100 bid. t0l ex-dIvidend asked; Citi-
zens Bank 1O0A old. iOl ex-dividend asked;
Chatham Real Estate and improvement Com
pany. 501f bid.-asked ex-div Germania Bank,
loo Did, lOl ex-dividend asked; Chatham Bank
4S4 bid. 49n eX-dlvidend asked; savannah
Construction Company, 7s bid, so asked
Title Guarantee and Loan Company, "A bid,
Is asked
New York. July IA, p. m.-Money on call
easy at l per cent. The last loan at per
cent. and at the closing was offered at per
cent.
Prime mercantile paper, 3}l04 per cent
Bar silver sc.
Sterling exchange IS easy. with actual bust
ness in bankers bills at "a 87lG4 S714 for sixty
days and 81 SS4 fop demand; posted rates
Commercial bills 81 s5h@l s3a for sixty
Government bonds steady. State bonds dull.
Railroad bonds strong
Silver at the Stock Exchange to-day wa s
New York, July 1.-THE following were
the opening quotations at the Stock Exchange
to-day:
Gbies;,i; Mott ~ q
Lake Shore Observation-Disclosures.
Norfolkand Western preferred ......... 1873
Richmondand West Point Terminal. .... IL az
WesternUnton. ............. ....... S42s
New York, July Il. - The fact railroad
affairs at the west are gradually
settling down to normal condition is
exerting a good effect on the Stock
Exchange, and a further imprOveme Mt
in prices was recorded this morning The
rise to-day established the contention of the
bulls that there are no stocks pressing on
the market at anything like current figures.
the bids OF the shorts having ELECTED few
offerings of the leading issues. This was
demonstrated in the cases of Louis
vile and Nashville, Lackawanna and
Pullman, when efforts were made
by the shorts Ito cover outstand-
ing contracts. London tried to cover Louis
vile and Nashville with the result Of senGing
the price up q. Later, on moderate buying
a rise to 46R was recorded, A latent short
interest In Lackawanna also started In to get
back stock put out early in the week at lower
figures, and the stock jumped from 1907 to
l64. The advance brought oIt less than
1000. full shares. Pullman bounded
up from 1881 to I61 and left off at
100. In the general list the Improvement in
railway issues was less marked and ranged
from lsGl6s per cent. Operators do not con
slider The American Railway Union as a fac
tor IN the market any longer and are now
waiting to find out the amount of damage Sus.
tanned by the railways through the tie-up and
its effect on future dividend payments Some
traders are of the opinion that the roads will
now be able to reorganize their pay rolls so as
to Offset the recent losses in short order. The
deliberations OF the tariff conference com
mittee are being. If anything, more
the market will receive its
next impetus from Washington. Among the
industrials Chicago Gas and Sugar We're the
special cards, the former rising to 771{ on
within a fraction of par The street still in
clnes to the belief that the refining interest
will get the protective duty called for in the
! Senate DlSullers recovered to 24ls on pur-
chases by brokers general acting for in
siders. Lead, Tobacco and Cordage were
steady. In the inactive shares
Minneapolis and St Louis broke from
7 to 4, and the preferred from % to 20 on the
reported hitch on the negotiation for a settle
ment with the Rock Island. The company
owes the latter S4D00,00 and unless a settle
ment is made the Rock island can foreclose
The time set by the courts for payment ex
pred on June 90 last. Speculation left of
steady in tone. Net changes show gains Of 4
to per cent. outside OF Pullman and Laclka
wanna, which gained 12s to 2ss per cent re-
spectively. St. Paul lost a per cent The
sales of listed stocks aggregated 81, 913 shares
and of unlisted 2O,9G0 shares. The bond mar
ket was strong.
The quotations at the closing we're as fol-
lows:
ANN. Cotton Oil. 26ll Missouri Pacific. 26ss
do pref 69070I Mobile & Ohio IS
Sugar Refinery. 991a Nash. c. II St. L.. IS
do pref ...,.... 81 u. $. Cordage 221s
American Tob'co S826 do do pref 36J,
do pref -. 1Ol IN. J. Central. -. 1861
Atchlson, I. & ST. % N. Y. Central. 9G1,
Baltimore & Ohio. II NY. &N E. 81.
Canada Pacific. 645a Norf & West. pfd. loa3
Ches. * Ohio. ..... IL Northern Pacific 81
Chicago & Alton lao do preferred I49g
Chicago, B. & O.. IS Northwestern los
Chicago Gas. -. 721s do preferred. 40
Del. Lacks w ..l62 Pacific Mail . l4Js
East Tennessee :. 8 Rch l1d T'nina Tx
do pref IL RockIsland ....., 67Is
Erie -..... ........ l4@ ST Paul. .......,.. 59a&
Ed. Gen. Electric 37l5 Silver Certif' S.. GA
Illinois Central. % Tenn. Goals Iron. 1s5s
Lake Erie W.. 1873 do do pref. t72I5
do pref. 651a Texas Pacific. SB
Lake Shore ....l30 Union Pacific. I09i
L'ville 4 Nash: 46 Wbash s. L. q P.
Louisville n. A. 81 do do pref. 14as
Manhattan. ..... ll5 Western Union 94a5
Memphis Char. 3 Wheeling Il L. E. IO4
Michigan Central. 93H do do pref 4iIf
%Ex-dtvidend. ASKED.
Alabama A....... 80 Tenn. new set Is
40 IS ....,. ......lOO Tenn, new set. 5s .
40 C........ 92l0g4 Tenn, new SCI s.. 7e
La. stamped As. 100 Virginia 6's pref.
NorthCarollna Is 80 Va. Trust Reefs. G}i
NorthCarolina IS l25 Va. Fund'g Debt
Tennessee, olds.. go 49,. 5Sh059
*Bid.
GOVERNMENT BONDS
United States As, registered w 1I95s
United States As, coupons. Il9s9
United States 2s, registered .......... 90
New York, July 14.-Treasury balances
to-day we're as follows: Coin, $50, 6l2, 00O cur.
rency, $542i6,00O.
New York. July 14.-The weekly state.
ment Of the associated banks, issued by The
clearing house to-day, shows the following
changes:
Reserve increased. ..................S 146.65r
.,'T,,