The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-07-25


strained. common to good, 81 271aQSl S2ja.
Turpentine dull out STEADY at 29a25IIc
charleston, July 24.-Spirtts turpentine
nrn at &c; receipts 80 casks, Rosin-
barrels
Wilmington, N G.. July 24-Rosin firm:
strained, S719c; good strained. 92hc. Spirits
trrpentine steady az 261sc. Tar firm a 81 81
Crude turpentins firm; hard 81 90; soft 81 20;
virgin, 81 20.
Financial.
Savannah. July 24.-Money is easy.
domestic EXCHANGE The tone of the mar
ket Is steady. Banks are buying at par nd
seIllnE at q per cent. premium up to s. OO)
and over.
0 Foreign Exchange-Market firm.
The following are net Savannah quotations:
Sterling commercial demand, 81 49, sixty
Gays, - S54 ninety days, "a S612 francs. Paris
and Havre. sixty days, s. 49, Swiss, sixty
days, 40 2O4; marks, sixty days, 95ls.
Securlties-The market is very dull and
quiet, Central issues have a declining ten
dency.
State Boqds-Georgia AZ per cent 1915
ll3% bid, ia asked; Georgia per cent. 1898,
iO4 BID lO44 asked Georgia 31a per cent,
long dates $50 bid, 972l asked.
CITY Bonds-New Savannah 5 per cent.
quarterly October coupons 1881 bid 1854
asked; new Savannah per cent. August cou.
ponS. 1854 bid. - asked
Railroad Bonds-Central Railroad and
Banking Company collateral, gold 5s, IS bid,
per cent. coupons, January and July maturity.
1928, ll614 Did. - asked; savannah and West
ern railroad per cent. trust certificates, A
bid A. asked; Savannah, Americas and
montgomery per cent. 80 bid, asked:
Georgia railroad per cent. 1910 10Y bid. 100
asked; Georgia Southern and Florida first
mortgage per. cent. bid, 81 asked;
Montgomery and Eufaula first mortgage
per cent lndorsed by Central railroad, 100
bid, - asked; Augusta and Knoxville first
mortgage 7per cent. lJ2 bid - asked; Ocean
steamship per cent, due in 1920 81 bid 100
asked; Columbus and Rome first mortgage
bonds. indorsed by Central railroad, IL bid, -
asked; Columbus and Western per cent,
guaranteed, % bid, asked; City and Sub
bid, IS asked Savannah and Atlantic per
cent. Endorsed, 25 bid, 40 asked; Electric rail-
way first mortgage IS, 55 bid - asked: South
Georgia and Florida first mortgage per
cent, lO5 bid, 106 asked South Georgia and
Florida second mortgage, l0l hid 105 asked;
Alabama Midlands. IS Did. go asked
Railroad Stocks-Central common, bid,
IS asked; Augusta and savannah per cent
guaranteed, IS bid, 81 asked; Georgia com
mon, 145 bid, asked; Southwestern
per cent. guaranteed, including or
der for div. 20 bid. II asked; Central per
cent. certificates, with order for defaultei
interest. q bid, 27H asked: Atlanta and
West Point railroad stock 70 bid IS asked
Atlanta and West Point per cent. certih-
Gates, SO bid 81 asked.
Bank Stocks, Etc.-Southern Bank of the
State of Georgia, l6t bid, - asked ex divi-
dend: Merchants National Bank. 81 bid, -
asked ex dividend; Savannah Bank and Trust
Company, 1917 bid, 1929 ex-dividend asked:
National Bank of Savannah. 40 bid, ex div
idend asked; Oglethorpe savings and Trust
Company. IS bid, 80 eX-dlvidend asked; Citi-
zens' Bank, 1907 bid, 1919 Elk dividend asked;
Chatham Real Estate and improvement Com
pany, 504 bid,-asked ex-div; Germania Bank,
1901. bid, 1919 ex-dividend asked Chatham
Bank. 4S4 bid, 491& ex-dlvidend asked; Sa-
vannah Construction Company ~ bid, 76
aG1y aI. Ia I1ar too "a / Cor nv
"A bid, - asked
New York, July "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.
Prime mercantile paper, 31I9l per cent
Bar silver 62-ac.
Sterling exchange Is firm. with actual bust
ness in bankers bills at "a S754 ~ 81 for sixty
days and 81 8S64 oo4 for demand; posted rates
"a 8 "a eg1a.
Commercial bills a. s84@4 s54 for sixty
days.
Government bonds steady. State bonds dull.
Railroad bonds higher.
Silver at the Stock Exchange to-day wa 5
neglected.
New York. July 2l.-The following we're
theopening quotations a. the Stock Exchange
to-day:
Err Observation-Disclosures. 1875
Cnicagoand Northwestern. .............. 1Ol
Norfolkand western prefe rrei .......... 10
Western Union.... ............. ....... b
New York, July 24.-The attention Of oper-
ators was ,entered in chicago Gas at the
opening of the stock Exchange this morning
and sugar for time was relegated to the
rear. Chicago Gas opened heavy and in a
jiffy sold down to 70 against 743s at the close
Yesterday The break was due to The an
nouncement from Chicago that the common
council by large vote had passed the bill
over the mayor veto granting the Universal
Gas Company charter. OthcerS OF the Chi
cago Gas Company here took philosophical
view OF the matter and said the granting OF
the franchise would save the company sew
eral hundred thousand dollars per an1um
and under the contract, which has Just been
annulled by the city, the company had to pay
a certain percentage OF It's gross receipts
They also expressed doubts as to the
likelihood of capitalists outside
of Chicago, putting up a S30,000O0-plant to
selling abated the stock rose ITO "A Z, and
closed at 749s, auloss of 14'per cent. for the
day. -
day. but still it figured for 81 400 shares in
grand total of 122,773 shares. 1t advanced Y
At the opening to 1851. fell to 1919, rose to
los T. and in the late trading declined to 1884
There were indications OF nquldations BY
those RESPONSE ole for the recent rise from SO
to lO53I Washington news still governs the
fluctuations in the.stock,and bulls claim TO ne
as confident as ever that the trust VIII set the
protection it needs. They are not sure OF the
form. however the protection will take. Dis
tillng and Cattle Feeding was feverish, with
a narrow range, and sold at l7SQlSS, clos
ing at 1879. The Railway list
was Irregular but in the main
lower o. duriug the early session, but
subsequently improved and closed firm.
Atchisou and Northern Pacific matters came
In Tor good deal OF discussion Among the
active railroad stocks, St. Paul showed the
greatest strength, but the gain was only y
6er cent. the stock selling up to 5S4. Omaha
common, however, on light trading, rose TO
S6I. The realiZations in American Sugar at
the close did not affect the railway group,
which left of firm 1t is conceded unless
there is a material change in the market for
sterling exchange before Saturday, that con
Siderable gold will have to be forwarded on
mat day 10 rance and Austria. Negotia
lions are now pending for the shipment OF at
stS}OOOOO0. The net changes In stocks
for Inc day show gains of a TO | per cent Ia
tbe general list. Union Pacihc lost 49, chi
caoo Gas n Canada southern and Lead u
and sugar ~. Linse I'd Oil gained y, rising
10 1877 Railway bonds We're quiet ana hrm.
sales OF listed stocks aggregated 6lOJO
sharfs. unlisted $1,000 shares.
The quotations at the closing were as fol
lows: A.,
Ann Cotton Oil 26i&l Missouri Pacific. 242l
do pref 6gis670H Mobile & Ohio. 90. IS
sugar Refinery -. 1895 Nash. Q. 4 81. L.. %
a. pref ....... % ~. >. Cordage %. 20A
American ToDco Sjig do do pref. 85ta
40 pref ......l0i n. J. Central. .... lOola
Atobison 7. & ST. 3MIE. Y. Central. .... SIS
BaltimoTe& Ohio. ia y. y. * n, y ~ -
Csnada Pactac. D.. G.as MORT a West pfd. lg1-
a -