The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-09-25
NAVAL STORES STATEMENT

Stock on hand and on ship
board to-day ............... 5S,1S5 90 2S4
Stock same day last year.. 22.O6l ISL 112
Receipts same day last year. 759 APPS
Price spirits turpentlne same
day last year.. ......... 25c
Rice
The market is active and firm The sales
for the day were 200 barrels. The quo
tations at the Board of Trade are as follows
common observation-disclosures. ....-.... .3404c
air go. ................. .s.......... 4T44c
GOOD ...............- 454d44c
Prime ......... ........ 90. ........ .5T5l{c
Head. ..... .............5Jl (ddc
Small job lots ls84c higher
Rough-50c to S1.25 per bushel.
New York, Sept. 24.-Rosin market dull
and firm; strained, common to good
81 l7la91 221a. Turpentine quiet and easy,
Charleston Sept. "a 49, Spirits turpentine
firm. at 25c; receipts - casks. Rosin-good
strained firm at 9oc9S1 90; receipts, Asa bar
rels-
Wilmington, N. C., Sept. 24.--Rosin firm;
strained, 75c; good strained, SOC Spirits
turpentine steady at 2e;; receipts. SO casks.
Tar was firm at 81 10 Crude turpentine
steady; hard 81 90; soft 81 co. virgin, 81 80.
Financial
Savannah, Sept. 2L-Money is steady and
in good demand.
Domestic Exchange-The tone of the mar
ket is steady. Banks are buying at 3-l6 per
cent discount and selling at par on amounts
up to $500 and at 1-l6c per cent discount on
amounts over $500
Foreign Exchange-The market is steady
The following are net Savannah quotations:
Sterling, commercial demand, "a s4A;
sixty days, "a "a; ninety days, 81 $3.50
| francs, Paris and Havre, sixty days, IS 21L4;
Swiss. sixty days, s. 221a; marks, sixty
| Securities market is steady, with
| fair inquiry at quotations
State BOnds-Georgia ~ per cent 1915
| 1927 bid - asked; Georgia per cent. 1896
mi r.
! long dates, 1874 bid, 80 asked.
| City Bonds-New Savannah per cent.
| quarterly October coupons 1854 bid, -
! asked; new Savannah per cent. November
! coupons 1857 bid, - asked.
Railroad BOnds-Central Railroad and
! Banking Company collateral gold 5S, IS bid,
| asked; Central consolidated mortgage 7
| per cent. coupons January and July maturity,
! 1898 III bid,-asked; Savannah and West
! ern railroad per cent. trust certificates, %
| bid, asked; Savannah. Americas and
| Montgomery per cent. 40 bid, - asked;
| Georgia railroad per cent. 1910, l07 bid, -
| asked Georgia Southern and Florida first
| mortgage. per cent, 80 bid, asked
! Montgomery and Eufaula first mortgage 6
| per cent. Endorsed by Central railroad, 100 bid,
! - asked; Augusta and Knoxville first mort
| gage per cent, 80 bid asked; Ocean
| Steamship per cent, due in 1920, SO bid. "a
asked; Columbus and Rome first mortgage
| bonds, indorsed by Central railroad, bid 81
| asked; Columbus and Western 6 per cents
! guaranteed. 80 bid. asked; City and Sub.
! urban railway first mortgage Z per cent, -
! bid, IS asked Savannah and Atlantic per
| cent. indorsed, - bid 81 asked; Electric rail
way first mortgage IS, - bid, 49, asked South
| Georgia and Florida first mortgage per
| cent, los bid, - asked; South Georgia and
Florida second mortgage 1851 bid -
| asked: Alabama Midlands, IS bid, 80 asked.
| Railroad StOckS-Central common. l4M bid,
| - asked; Augusta and Savannah per cent.
| guaranteed, 50 bid, s41a asked; Georgia com
mon. $50 bid, asked; Southwestern
! Z per cent guaranteed, including or
/ trail
| per cent certificates, with order for de-
| faulted interest, % bid, 25 asked; Atlanta
and West Point railroad stock, so Did, -
asked; Atlanta and West Point per cent.
| certificates. 50 bid, 81 asked.
Bank Stocks, Etc,-Southern Bank of the
! State Of Georgia, 1874 bid, = asked; Mer-
| chants National Bank, 81 bid, asked
Savannah Bank and Trust Company, lO2 bid,
! 1903 asked; National Bank of Savannah, 1901
! bid, 1872 asked: Oglethorpe Savings and Trust
| Company, SO bid 100 asked; Citizens Bank,
| 1000 bid, l0l asked; Chatham Real Estate
and Improvement Company, 80 bid, 81 asked;
! Germania Bank. 1919 bid, l02 asked;
Chatham Bank, As bid 4Sla asked: Savan-
nah Construction Company, 20 bid, 70 asked;
Title Guarantee and Loan Company, 70 bid
! - asked
New York. Sept, "a, 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.
PrimemercsntIle paper, 1914 per cent
Bar silver IS &C.
Sterling exchange is fl rm with actual bust
ness IN bankers bills az 81 $500 s514 for sixty
days and 81 S5g4 o64 for demandi posted
Commercial bills 81 slh94 s54 for sixty
| days.
Government bonds steady. State bonds dull.
Railroad bonds hrm.
New York, Sept. 2i.-The following we're
theopening quotations a the Stock Exchange
! to-day:
Chicago and Northwestern......... 1903
Norfolk and Western preferred ......... %
Richmond and West Point Terminal. ~
! Western Union...... ............. ....... - s
| Southern Railway common ...........-.. 1874
do do preferred ....... g.. 431a
New York. Sept. 24.-The tendency OF
| prices at the stock exchange to-day was
| downward The special features were New
! York Central Chicago Gas and the Changers,
! all Of which We're heavy and lower. New
| York Central fell "a to 80 on trading Of 4,2O)
shares. The decline IN the stock was due TO a
! feeling in certain quarters that the directors
on Wednesday next VIII reduce the dividens
and that the statment to he presen ed Will he
unfavorable. No one Of any promince in tnan-
! cial affairs could be found who would father
tie story but the fact remains nevertheless,
! that the stock was heavy and did not show
any great rauying power. In the
| 10 iOOis. Tho Changers were weak especially
! near the close when BURLINGTON and Quincy
] broke to 43la, ~. GaUl 70 60, ROCK lSlduu 10
! 6Ogs and Northwestern TO iO2A. These fig
ures show losses as compared with Satur-
DAVIS closing Of q TO per cent. Firms with
! Chicago connections we're large sellers, and
one house which has reen more or less
prominent on the bull side Of whisky, sold
/ about 4. 900 shares Of Burlington and Quincy.
| Western advices we're Of a decidedly tearish
character though, and they were followed up
| bv sales OF the Changers and other western
! properties. The announcement that the
/ common council OF Chicago would reconvene
! TINS evening was the signal for rad on Chi
! cago Gas and the stock was forced down
! from ~ to 6gEs with recovery later in the
! dav TO 7OR 10 is estimated that
| common council is to be asked TO grant a
I charter 10 the City and County company. a
new competitor for share Of the gas bust
! ness of the city. American sugar was an
! other veal, spot and declined from 46as 90
| g45i. General Electric was inclined to firm
/ ness and at one time the stock advanced 70
| tOI. on reports that the company had rctircd
/ its floating debt. New England sold az G 40
/ s3il. All assessments paid Tho assessment
| has been paid on all but lew thousand
| shares The general market closed irregu.
! lar. but 10 the main weak The total sales