The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-08-21
NAVAL STORES STATEMENT


board to-day goo. 900. 80. 1921 113, 2S9
Stock same day last year. COO. S2U2S 1856 S44
Receipts same day last year. 1,O)4 1854
Price spirits turpentlne same
day last year. ........... 23c
New York. Aug. 20.-Rosin quiet but steady;
strained, common to good, 81 10Gs1 IS
TuTpentine quiet but steady at 251a3 Oc
Charleston Aug. 20. - Spirits turpentine
firm at 27c; receipts 107 casks Rosin-
good strained firm at 9Oc; receipts 29l bar.
rels
Wilmington, N. G., Aug. 2o-Rosin steady;
strained, Soc; good strained, 9Oc. Spirits
turpentine, nothing doing receipts. 100
casks Tar quie6 at 81 L. Crude turpentine
steady; hard 81 %: soft 81 20; virgin, & 70.
Financial.
Savannah. Aug 2O-Money is easy.
Domestic Exchange-'Ihe tone of the mar
ket is steady. Banks are buying at par and
selling at u per cent. premium up to 5000
and ITO OF per cent for amounts Of 5000
Foreign Exchange-Market weak. The
following are net Savannah quotations:
Sterling commercial demand, "a 8614; sixty
days, "a 80 ninety days, "a o4A; francs Paris
and Havre. sixty days. IS 10; Swiss, sixty
days, s. 2014: marks sixty days, 951s
Securlties-The market is quiet and dull
State Bonds-Georgia Az per cent. 1915,
1871 bid, l1414 asked: Georgia per cent 1895,
1044 bid, 1851 asked Georgia 314 per cent,
long dates, 9715 bid, 9S14 asked.
City Bonds-New Savannah per cent.
asked; new Savannah per cent. November
coupons. 1857 bid. LOG asked
Railroad Bonds-Centrsl Railroad and
Banking Company collateral, gold SIS, SO bid,
asked; Central consolidated mortgage
per cent, coupons, January and July maturity,
1898 III bid. - asked; Savannah and West
ern railroad per cent trust certificates. 50
bid, 81 asked Savannah, Americus and
Montgomery 6 per cent. - bid, 50 asked;
Georgia railroad per cent. 1910 107 bid. 100
asked; Georgia Southern and Florida first
MORTGAGE
Montgomery and Eufaula first mortgage s
per cent. Endorsed by Central railroad lol
bid, 49, asked; Augusta and Knoxville first
mortgage per cent 100 bid l0l asked Ocean
Steamship per cent, due in 1920, 95 bid gS
asked; Columbus and Rome first mortgage
bonds Endorsed by Central railroad. - Did. IL
asked; Columbus and Western 6 per cent.
guaranteed, iOl bid. - asked; City and Sub
urban railway first mortgage 7 per cent, 49,
bid, s. asked; Savannah and Atlantic per
cent, indorsed 25 bid, 40 asked; Electric rail
way first mortgage IS, 50 bid, - asked South
Georgia and Florida first mortgage per
cent, LOG bid, l01 asked; South Georgia and
Florida second mortgage, 1857 bid, 1864
asked: Alabama MidIands. IS bid 80 asked
Railroad StoCks-Central common. - bid
1877 asked; Augusta and savannah 7 per cent,
guaranteed, 83R bid, IS asked: Georgia com
mon. li5 bid, l52 asked Southwestern
Z per cent guaranteed, including or
der for div. 671a bid. 6815 asked; Central 6 per
cent. certificates, with order for defaulted
interest, % 6id, ,271a asked; Atlanta and
.
Atlanta and West Point per cent certti-
Gates, SO bid, 81 asked.
Bank Stocks, Etc.-Southern Bank Of the
State of Georgia, l6i bid, 49, asked: Mer
chants National Bank, % bid. 50 asked;
Savannah Bank and Trust Company, lO2 bid,
1913 asked; National Bank of Savannah, $50
bid, - asked; Oglethorpe Savings and Trust
Company, 80 bid, 100 asked; Citizens Bank
1907 bid. 1917 asked: Chatham Real Estate
and Improvement Company, 50al bid, 81 asked
Germania Bank t02 bid, 105 asked;
nah Construction Company, "A bid, 70 asked;
Title Guarantee and Loan Company, 1911 bid,
asked.
New York, Aug. 20, 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, 40l1a per cent
Bar silver b4c.
Mexican dollars 5Sac
Sterling exchange is weak; bankers
bills at "a 85l4Q4 Sj4 for sixty days and
81 86l4@94 s64 for demand; posted rates
Commercial bills 81 s4]4af SIX for sixty
days.
Railroad bonds ngher.
Silver at the Stock Exchange to-day was
neglected.
New York, Aug. Chickering's of long stock
checked the rising tendency IN the railway
group this morning. The disposition to
realize profits. however, was only natural in
declaration Of the regular dividend on Chi
cago Burlington and Quincy London was
the first TO sell. and parted with fairly large
amounts Of ST Paul and other OF its special
ties. The early loss was less than a point
being greatest in Burlington and Quincy and
Louisville and Nashville which receded a
each TO IN and 54J4 respectively. The offer
ings, however were well taken and the mar
ket. properly speaking, could not be called
weak Railway earnings we're OF material
assistance to the bulls, the reports 10 hand
for the second weok OF August having
shown an Improvement This Is par
ticularly true of the southern
and southwestern group Louisville and Nash
vile gain being tl5 200 Norfolk and West
ern 80 o. and Kansas and Texas being Sl650)
II was in the lndustrals, howe yer, that the
greatest interest was manifested American
Sugar. as usual, showed the way, and on deal
ings OF $1,000 shares jumped ~ TO lii26.
This stock sold at us highest after u had been
announced that the Senate hnance committee
had reported on the popgun bills. Chicago
Gas rose to 1874 from 76A the advance being
stimulated by CHICAGO advices that Mayor
HOPKINS had refused 20 accept the bond Of
the Universal Gas Company unless the names
OF the backers OF the enterprise were dis
closed. General Elestric, further covering on
short contracts rose TO Az. Tobacco rose TO
Del preferred 10 1881. Cotton Oil TO 32H and
preferred TO &c. Lead preferred moved
10 10 50. while the common was
neglected. whisky ranged between lsbc and
l0Sc Reports we're current that the com