The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-09-28


Stock on hand and on ship
board to-day .............. 55E27 lO2 $40
Stock same DAY last year . 243J6 l56 594
Receipts same day last year 3ls $3.50
Price spirits turpentine same
Gay last year.. ......... 2f5{C
New York, Sept. 27.-Rosin market dun
ana firm; strained, common to good,
q q, @9@l % Turpentine quiet and steady at
2eA92S1ac.
Charleston Sept. q. - Spirits turpentine
firm, at 25c; receipts A. casks. Rosin-good
strained firm at 95c0il 90; receipts, sc bar
Wilmington N. c., Sept. 27.-Rosin firm;
strained, o5c; good strained, SOC. Spirits
turpentine steady. 2514c; receipts AZ casks
Tar was firm at 81 Is. Crude turpentine
steady hard 81 90; soft 81 %; virgin, 81 80
Financial.
Savannah, Sept. 27.-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 Lice per cent. discount on
amounts over $500.
Foreign Exchange-The market is steady
The following are net Savannah quotations:
Sterling, commercial demand, S4 S44;
sixty DAYS, "a 81; ninety days, 81 83aI
francs, Paris and Havre, sixty days, IS 2114;
Swiss sixty days, s. 2215; marks, sixty
Securities-The market is steady, with a
fair inquiry at quotations.
State Bonds-Georgia Az per cent 1915,
ll2R bid, - asked; Georgia per cent. 1895.
1O42l bid asked; Georgia 81 per emit c,
long dates, 9S14 bid, 80 asked.
City Bonds-New Savannah per cent.
quarterly october coupons 1854 bid, -
asked; new savannah 5 per cent. November
coupons, 1855 bid. 80 asked.
Railroad Bonds-Central Railroad and
Banking Company collateral. gold IS, SO bid
asked; Central consolidated mortgage z
per cent. coupons January and July maturity
1898, III bic. asked; Savannah and West
ern railroad per cent. trust certificates, 30
BID asked; Savannah. Americas and
Montgomery 6 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 s
per cent. Endorsed by Central railroad 100 Did
- asked; Augusta and Knoxville first mort
gage per cent, SO bid. asked: Ocean
steamship per cent, due in 1920, 96 bid, 81
asked Columbus and Rome first mortgage
bonds, Endorsed by Central railroad. - DID, 81
asked Columbus and Western per cents
guaranteed, 80 bid, asked; City and Sub,
urban railway first mortgage per cent, -
BID, 80 asked; Savannah and Atlantic per
cent, lndorsed, - bid, 81 asked; Electric rail
way first mortgage 6S, - bid, - asked South
Georgia and Florida first mortgage per
cent, l03 bid, asked; South Georgia and
Florida second mortgage, 1855 bid. -
asked Alabama Mi6ands SO bid, 80 asked.
Railroad Stocks-Central common, - bid
II asked; Augusta and savannah per cent,
guaranteed, 50 bid, s41a asked; Georgia com
Z per cent guaranteed, including or
der for div, II bid ny asked: Central {
per cent certificates. with order for de-
| faulted interest, % bid, 70 asked; Atlanta
! and West Point railroad stock, so Did, -
asked; Atlanta and West Point 6 per cent
certificates, % bid, IS asked.
Bank Stocks Etc.-Southern Bank Of the
State of Georgia 1914 bid, - asked Mer-
chants National Bank, % bid, asked;
Savannah Bank and Trust Company, l02 bid
l0S asked; National Bank Of Savannah 1904
bid, l32 asked; Oglethorpe Savings and Trust
Company, 80 bid, 100 asked; Citizens Bank
lOOR bid, l0l asked; Chatham Real Estate
and Improvement Company, so bid, 81 asked;
Germanta Bank. 1913 bid, 102 asked;
Chatham Bank, 4S bid, 491s asked: Savan.
nah Construction Company 20 bid, 70 asked;
Title Guarantee and Loan Comp shy, rs bid
asked
New York. Sept. 81, 4 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, 4945 per cent
Bar silver 651ac.
business In bankers bills at g. $1,000 852l for
sixty days and 81 1904 s6la for demand
posted rates "a +aQ4 So.
Commercial bills 81 sl1494s5 for sixty
days.
Government bonds easier. State bonds dull
Railroad bonds steady.
Silver at the Stock Exchange to-day was
$50 bid.
New York, Sept. 27.-The following were
theopening quotations a. the Stock Exchange
today
ERIE '..,........ ia
Chicago and northwestern. 1913
Norfolk and Western preferred MINK. ~.
Richmond and West Point Terminal 1874
Western Cnlon....-. ..................... IS "a
Southern Railway common .............. 10 3
do do preferred ........ 90. 43
New York Sept 27.-Generally speaking
the stock market displayed good deal of
tirmness to-day. The advances were by no
means large but the fact that there was any
Improvement at all excited no little appre-
hension IN the bear ranks IN view of the big
drop in sugar and the weakness OF some
other industrlals and specialties. Sugar was
forced for sale throughout the session and de-
clined from "a a to 904 The stock figured
for %, 400 shares in a total for the whole list
of 23l 1928 shares. The decline was due chiefly
to the statement by President Havemeyer
that the sugar industry has been Improbable
since the passage Of the tariff pill, and that
the refinerles are about to shut down be-
cause the market is oyerstocked with
the refined arucle Consolidated Gas broke
points to 49, Manhattan 2l6 to
49, and National Lead, Whisky American
Tobacco. Missouri Pacific and National Lead
preferred g to per cent. Distlllers was
weakened by reports that the company will
have to be reOrganized and that an assess
ment will probably be made on the stock
holders On the other hand CHICAGO Gas
louisville and Nashville, General Electric
positive strength and advanced i to ] per
cent Despite the weakness in sugar these
stocks reacted only fractionally at the clOse.
Active ISIS .es show gains OF "a TO Is per cent.
Burlington and Quincy leading. Sugar, how
ever tell "A, preferred ! %; Manhattan IA
and cad, st. Paul and New England "a to p.
The bond market was weaker. Sales OF
listed stocks aggregated $4,000 shares I'M
listed 100000
The quotations at the closing were as fol
Ann. Cotton OIL. 81 Nash, c. ST. L.. IS
do pref. M L. $. Cordage.... 10
sugar Rennery. 80. 90h, do do pref. %
do pref. 921a n. j. Central. .... liz
American Too co. lOl N. Y. Central. ....lOl .
do pref ........107 n. Y. & n. E.. BIZ
Atchlson .T.&S ST. Norf s. West. pfd. 2iai
BatimoreA ONO. 20 Northern Paolhc "a
Canada pacific. % DO preferred Is
Ches s. Ohio. 1874 Northwestern lO3l6
chicago & Alton. li2 do preferred lI9i4
Chicago. b. II O.. 7il Pacific Mail. lf1a
1el-' 'fack& W. .id95s Richm'd T'minai. isas
MS. & cat Feed. sa4 Rock Island. ....., 6lM
EastTennessee II 81 Paul. ......... 6i'6
do pref........ Is do pref. :.....ls2
Erie ............. II Silver Certifs... G33i
do pref....... - Tenn. Coal& Iron. Is
Ed Gen. Electric 39i9 do do pref. 72l5
Illinois Central. 90 Texas Pacl1c..... 81,
Lake Erie W. 1873 Union Pacific. 1924
do pref ...... ~ |W'hash, $. l.. s. L. OF
Lake Shore ...I3iH do do pref. li14
L'yille & Nash 56l4 western Union. Ssi
Louisville \. A. 20 wheeling Y !. y. l2la
Manhattan ..... il4ls do do pref -
Memyhis 4 Char. 10 Southern Ry 5s... 8sH
Michfgan Central gs5z do common. ~
Missouri Pacific. 23ii do preferred 42ts
Mobile & Ohio. leie