The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-12-19
FINANCIAL.

London, Dec. 1S-Bar silver was quoted
IL per cent. and at the closing was Of
fered at IL per cent.
Prime mercantile paper, 394 per cent.
Sterling exchange steady with actual
business in bankers bills at 81 S7156f4. S731
for sixty days, and s4.Ss14q4sS24; for de-
mand.
Posted rates. s4ss1aa4 s9la; commercial
bills, 81. 6AG4S7A.
Government bonds steady; state bonds
dull; railroad bonds weak.
Silver at the board was quoted at 602sc
bid.
New York, Dec. 1S.-The treasury bal
ances We're as follows: Coin, SIS, 714,OOO;
currency, $7, 1888 900.
New York, Dec. 1S-The following were
the opening quotations at the Stock Elk
change:
Erie ACKNOWLEDGEMENTS. 10k
Chicago and Northwestern ............ 9Sia
Norfolk and Western preferred ..... 1917
Richmond Terminal .................... 1915
Western Union ACKNOWLEDGEMENTS. SSl5
Southern Railway common ......... 1lA
Southern Railway preferred ......... 3714
New York. Dec. l8.-During the early
session of the Stock Exchange the market
was quiet almost to stagnation. Chicago
Gas was the only stock on the list that
showed any signs of life. Recently it has
been depressed on reports that the COM
pany had an unwieldly floating debt, was
unable to pay its dividend in cash, and
would ask holders to accept script in
stead. These rumors led to selling for
both accounts, and the price was forced
down to 693s. Some official denials of these
stories resulted in covering of short
contracts to-day and recovery of over
points to n5s There was little or moth
ing doing in the general list till the last
hour or so of business, when trading be-
came more active. The increase in the
volume however, was at the expense of
values. The Withdrawals of gold from
the sub-treasury gave the bears an oppor-
tunity to create uneaSlnesS because ii
was impossible to obtain from the sub
treasury officials the actual amount taken.
The efforts to surround the matter with
the greatest of secrecy is not approved
of in financial circles. 1t serves no good
purpose and plays directly into the hands
of those operating in the stock market.
Washington reports that the sugar tariff
bill will be revived in the Senate hurt that
stock. The decline in prices ranged from
Alto rs per cent Sugar, the Changers,
Southern Railway, common and preferred
Reading Louisville and Nashville and
New York Central scored the greatest
losses. The last named was raided down
cred quickly to 1914. The transactions in
the stock were only 1,400 shares. Early in
the day the stock was quoted at l00A@
1005s. The market closed steady at de-
clnes ranging from "A to per cent, Sugar
leading. Chicago Gas rose IA and Bay
State Gas III o. p9ite 3d. states stat C9rdage
preferred to y to 4512 The bond market
was weak. The sales of listed stocks ag-
gregated $1,000 shares; unlisted $4,000
shares.
The quotations at the closing were as
American Cotton Oil, 24ls do preferred,
American Tobacco, 81; do preferred, 107;
Atchison, Topeka and Sante Fe, AZ; Bal
timore and Ohio, 6512 Canada Pacific, SO;
Chesapeake and Ohio, 1885 Chicago and
Alton, 146; Chicago Burlington and
Quincy 7l1a; Chicago Gas, us; Delaware,
Lackawanna and Western, 1909; Distil-
Iarg nd Eaadnpg O.
see, -; do preferred, -; Erie. 10; do pre-
ferred %; Edison General Electric, 347s;
Illinois. Central, 50; Lake Erie and W, IS;
do preferred, n; Lake Shore, 1856; Louis
Vile and Nashville, 539s; Louisville and N.
A. 7; Manhattan. 1914; Memphis and
Charleston, 10; Michigan Central, 97 Mis-
Nashville, Chattanooga and St. Louis, Go;
United States Cordage, SIS; do preferred,
Central, 99i4 New York and \. E., 8l7s;
Norfolk and Western preferred. 1872; Nor
thern Pacific, 4; do preferred, 1872;
cifc Mail, 21la; Reading. 1424; Richmond
Terminal, 1875 Rock Island, 6212; st.
Paul. 5S14; do preferred, 1l9S4 Silver Ger
1861; do preferred, 20 asked Texas Pa
cifc 95s; Union Pacific, 11l2; Wabash, st.
L and 81 do PtTefe gn9 lS W 1ci IN
preferred, 4015; Southern Railway, As, 903s;
do common, 1913; do preferred, 1854.
1905 sac dc e IS bid louisiana stain Stamped 45
South Carolina As, 103; Tennessee, olds, /
SO bid; do new set Is, =; do new set IS, =;
do new set IS, S41l Virginia 6s preferred.
81; do Trust Receipts, 92s; do Funding
government Bonds-United States As,
registered, ia; do coupons. 115A; do reg
istered, 81.
GRAIN, PROVISIONS, ETC.
New York. Dec. 18.-Flour dull and easy;
freely offered Winter wheat, low grades,
49, OH tn 81 r