The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-05-30
NAVAL STORES STATEMENT.


Exported previously .......... 42o85 1882
Total ... 49,. ........ 42Os5 1882
Stock on hand and on ship
board to-day. ......... 27lO5 1C2 Oh
Stock same day last year ~ 26425 g. 1874
Receipts same day last year. 1498 5000
Price spirits turpentine same
day last year. ........... 27l4c
New York, May 29.-Rosin quiet but firm
strained, common to good, 81 SJG1sl 80. Tur-
pentine dull but steady at 3014@304c.
Charleston, May %. - Spirits turpentine
firm at 27%c; receipts So Rosin steady:
good strained 81 90; receipts III
Wilmington, n. C., May 29.-Rosin firm:
strained, 85c; good strained, 9Oc Spirits
Crude turpentine firm; hard 81 o.; soft 81 20;
virgin, S2 Is.
Financial
Savannah May 29.-Money is easy,
Domestic EXchange-rhe tone OF the mar
ket is steady. Banks are buying al par and
selling at Is per cent premium up to 5000,
and lilo OF per cent. for amounts of 5000
and over
Foreign Exchange-Market firm. The fol.
lowing are net Savannah quotations: Sterling
commercial demand, "a 49, sixty days
Havre, sixty days, s. Is; Swiss, sixty DAYS
s. 1914 marks, sixty days, IS 3-16.
Securities-Ihere is a fair investment bust
ness doing.
tone on account of the recent short selling.
The bears seem to have been frightened out
OF the market for the present. The broker
who bought for the Electric Railway people
says he is prepared to consummate large
transactions if any one wants to sell short.
There are buyers in the market for all first
class railway bonds at fair prices.
Chatham Real Estate stock is scarce at ad-
vancing prices.
Chatham Bank stock is being picked up by
investors around par when it is offered.
State Bonds-Georgia a. per cent. 1918,
ll312 bid, ll4ta asked; Georgia per cent 1896,
lO7 bid los asked; Georgia 3H per cent
long dates, 9S bid 90 asked.
City Bonds-New Savannah per cent
quarterly July coupons 1857 bid, 1906 asked;
new Savannah per cent August coupons
1854 bid, i053l asked
Railroad Bonds-Central Railroad and
Banking Company collateral, gold IS, SO bid
90asked; Central consolidated mortgage 7 per
cent. coupons, January and July maturity,
1893. ll5a bid. III asked; Savannah and West
ern railroad per cent. trust certificates Al
bid, IS asked; Savannah, Americas and
Montgomery per cent AZ bid, so asked;
Georgia rillroad per cent. 1910. 107 bid 1903
asked; Georgia Southern and Florida first
mortgage per cent 80 bid, S1l5 asked
Montgomery and Eufaula first mortgage +
per cent. Endorsed by Central railroad g4l1
bid, - asked; Augusta and Knoxville first
mortgage 7 per cent.971a bid, 9S1a asked Ocean
Steamship per cent, due in 1920, SO asked
Columbus and Rome first mortgage bonds,
lndorsed by Central railroad, Il bid 43
askedi Columbus and Western per
cent, guaranteed, 9415 bid. asked
City and Suburban railway first mortgage
per cent, 81 bid, SO asked: Savannah
and Atlantic 5 per cent, indorsed, 30
asked; Electric railway first mortgage 6s
81 bid, 65 asked; South Georgia and Florida
first mortgage per cent. LOG asked; South
Georgia and Florida second mortgage lO5
asked Alabama Midlands. 81 bid. 80 asked,
Railroad Stocks-Central common bid,
10 asked; Augusta and Savannah per cent.
=
mon, IA bid, 1851 asked; Southwestern
: per cent. guaranteed. including or
der for div. 81 bid, 621s asked; Central per
cent. certificates, with order for defaulted
interest, % bid, % asked; Atlanta and
West Point railroad stock. IL bid so asked;
Atlanta and West Point per cent. certh-
Gates IS bid. 90 asked
Bank Sto ks, Etc.-Southern Bank of the
State of Georgia, l61 bid 165 asked; Mer-
chants National Bank, 9Opa bid, 81 asked;
Savannah Bank and Trust Company, 101 bid,
lO2 asked; National Bank of savannah, 129
bid, 1872 asked; Oglethorpe Savings and Trust
Company. l0l bid. l04 asked: Citizens Bank.
l0)19 bid, lO11a asked Chatham Real Estate
and Improvement Company 40 bid; 80
Chatham Bank 1917 bid, so asked :;
Savannah Construction Company, 76l5 bid
IS asked Title Guarantee and Loan Com.
pany. II bid Y asked.
New York, May %, D. m.-Money on call
is easy at per cent. The last loan was at
per cent, and a; the closing was offered at l
per cent.
Prime mercantile paper, 8401 per cent
Bar silver oZc.
STERLING exchange is firm. with actual bust
ness in bankers bills at 81 97la a S74 FOR sixty
days and S. s''s44 sj4 for demand; posted
Commercial pills 81 sjH@ls7 for sixty
days.
Government bonds steady. State bonds dull
Railroad bonds Irmar.
Silver at the Stock Exchange to-day was
New York. Nav 2o-The following we're
the opening quotations a. the Stock Exchange
to-day:
Err Observation-Disclosures. 1855
Chicagoand North western. ........,..... 1855
Norfoikani Western prsierrei....... 20 =
Richmondald West Poiat Terminal. 100. 10
Western union.,.. ,.,.....,.... ...,... S3A
New York. May %. The dealings in stocks
to-day amount to l37 go shares. against IA
Co YESTERDAY. In to-days total. American
sugar. Burlington and Quincy. Chicago Gas
ana St Paul figured for 81 800 shares, leaving
only 5,532 for the remainder of the active
list Sugar went down to 500 and rose TO
1OJ% and closed l0OAml00S. The stock is still
sensitive 10 Washington rumors. The old
stories about prospective legislation we're
circulated, and the stock moved up and down
according TO the tenor of the advices. Chi
cago Gas figured for 2T0)J shares in the
total sales There were no new deVeoF ments
TO account. for the result was generally at
tributed TO the efforts OF short interest to
cover stock put out when the quo warranto
proc ednZs brought by Attorney General
Mo!one, of Illinois. were considered more i'm
portant than at present The April ate
ment OF Burlington showed surplus
of S40323 against a deficit of S9s,5l5
for the corresponding period IN
1898, and had a good effect on the
Changers. and especially on the stock namet
and proved 10 De a disappointment 10 the
shorts in The CIrangers. Reading was in bet
ter request on rumors from Philadelphia
that various bondhoders' committees Will
get together in the early future, and that the
assessment on junior securities Will te o
small one. London bought moderately OF
its spe cialties. In the last hour there was
reaction OF 4dl per cent on rcalizatlOns but
al the close there was recovery and the
market left of firm in tone. The net changes
show gains OF 5M1B per cent. for the day.
he bond market was strong. Sales OF
listed stocks we're $4,000 shares; unlisted
SO 600 shares.
The quotations at the closing were as fol-
lows.
Ann Cotton Oil. 2674 Missouri Pacific. 25's
do pref ...... 60 Mobile s. Ohio. 10
sugar Refinery 1905 Nash, c. & ST L.. 70
do pref ....... 81 "a Natl. Cordage -. -
American ToD'co, Si74 do do pref. AZ
do pref .. 80 N. J. Central. 1O1
Atchis6n rs ST. ga n. Y. Central. 97ls
BaltimoreS Ohio. 70 N. Y. & n. E.. 3aa
Canada Pacific, 65liNorf 81 West. pfd.. 20J4