The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-07-17


receipts same day last year. 1855 1904
Price spirits turpentlne same
day last year. ........... 254c
Financial.
Savannah, July l6.-Money is easy
Domestic Exchauge-Ihe tone OF the mar.
ket is steady. Banks are. buying at par and
selling at % per cent. premiI I'M up to 5000
ana 40 OF per cent. for amounts of 5000
Foreign Exchange-Market dull.
Inc following are net savannah quotations:
Sterling commercial demand, 81 50: sixty
days, "a 500 ninety days, "a S614: francs, Paris
and Havre. sixty days. s. 10; Swiss, sixty
days, 50 204: marks, sixty days, 951s.
Securlties-The market is generally quiet
State Bonds-Georgia Az per cent. 1915,
ll21a bid, ia asked; Georgia 7 per cent. 1898,
1O4 bid, los asked; Georgia 3la per cent,
long dates, SO bid, 9714 asked.
City Bonds-New Savannah per cent.
quarterly October coupons 1857 bid. 1859
| asked; new Savannah per cent. August cou-
I pons. l06 bid 1861 asked.
Railroad BondS-Central Railroad and
| Banking Company collateral, GOLD 5s, SO bid,
| -asked Central consolidated mortgage z
/ per cent. coupons. January and July maturity,
| 1898, ll6H bid. - asked; savannah and West
/ ern railroad per cent. trsst certificates, AZ
| bid, 40 asked Savannah, Americas and
/ Montgomery per cent. 50 bid, 81 asked;
! Georgia railroad per cent, 1910, 10Y bid, 100
! asked; Georgia southern and Florida first
mortgage 6 per cent bid, 81 asked;
/ Montgomery and Eufaula first mortgage 6
! per cent. lndorsed by Central railroad, $50
! DID, lUO asked; Augusta and Knoxville first
/ mortgage 7per cent 90 bid l0l asked; Ocean
! steamship per cent, due in 1920 81 bid, 100
/ asked; Columbus and Rome first mortgage
bonds. lndorsed by Central railroad, IL bid, -
| asked; Columbus and Western per cent.
| guaranteed, SO bid asked; City and Sub
urban railway first mortgage Z per cent, -
| bid. 80 asked; Savannah and Atlantic per
cent, Endorsed, % bid, 40 asked; Electric rail
way first mortgage IS, So bid Is asked; South
| Georgia and Florida first mortgage per
| cent, l05 bid, 1906 asked South Georgia and
! Florida second mortgage l04 bid, 105 asked :;
Alabama Midlands. IS Did, 80 asked.
Railroad StOcks-Central common, 10 bid,
| 20 asked; Augusta and Savannah per cent.
! guaranteed, IS Did, IS asked; Georgia com
mon, l4l bid, IA asked; Southwestern
| z per cent guaranteed, including Or
der for div. Y bid, 7219 asked; Central per
! cent. certificates, with order for defaulted
interest, q Did, so asked; Atlanta and
West Point railroad stock Is bid. So asked;
| Atlanta and West Point per cent cerud-
Gates. 80 bid, 81 asked.
Bank Stocks, Etc.-Southern Bank of the
! State of Georgia, 49, bid. - asked ex divi.
! dend Merchants National Bank 80 bid. 81
asked ex dividend; Savannah Bank and trust
| Company, 9S bid, 9ola ex-dividend asked;
| National Bank Of Savannah. i29 bid, 130ex div
| idend asked; Oglethorpe Savings and Trust
Company, 100 bid, l0l exdlvidend asked; Citi
! zens' Bank, 1908 bid, IOl eX-diVide ID asked;
Chatham Real Estate and Improvement Com
pany 5015 oid,-asked ex-div: Germania Bank
| 100 old, 1Ol ex-dividend asked; Chatham Bank.
48A bid 1917 ex-dIvidend asked savannah
! Construction Company, 70 bid, 80 asked
Title Guarantee and Loan Company, IA bid,
70 asked
New York July 16, 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, 31594 per cent
| Bar silver &c.
| Sterling exchange is steady. with,actual bust
ness in bankers bills at 81 S7654 o714 for sixty
days and 81 SsG4oo4 for demand; posted rates
Commercial bills 81 sa@4 s64 for sixty
| days.
Government bonds firm. State bonds dull.
/ Railroad bonds strong.
Silver at the Stock Exchange to-day wa S
New York. July 16.-The following were
! theopening quotations at the Stock Exchange
! to-day:
Err i43s
Chicagoand Northwestern .............. 105
/ Norfolkaud Western preterrei ......... 1875
/ Richmondlld Vest Poiat Terminal. .... IL q
! Western mon. ...-. ............. ....... SlA
New York, Juy I6.-SpecuIatton at the
/ Stock Exchange was more active to-day, and
| the undertone OF the market was hrmer.
| Professional traderSswere arrayed on the bull
! side OF the account and they forced some OF
! the chronic bears to cover rather eX tensively
in certain stocks, notably the Changers and
| American Sugar. The bulls had in their
/
nominal condition, and rumors from Wash
! ington of probable early action on tarlff
/ matters The falling of in east bound ship
ments from Chicago last week, some Of the
| roads not having moved a single ton, had
/ no effect, nor did the talk al out the heavy
| losses sustained by the companies during
| the strike, the opinions prevailing that
/ the roads will be aUle to make up the
| losses by the institution of economics in
operating during the next half year or so.
! Consequently with the tariff out of the
way operators would not hesitate to espouSe
| the bull side more actively. American Sugar
! was again the feature, selling up from SO to
/ lO2 to luOJ%0 l0l. The strength of stock was due
/ to the impression that the company will get
/ what it wants in the way OF protection from
1 the conference committee. For the same
| reason Distilers fell from 224 to 2O4@2O1s, it
| being agreed that II the sugar refining duty IS
not re iuUeG the dStllllng interests Will recelVe
| less than eXpe ted. Chica- o Gas moved up
| to 779s, but later receded to 76ssQ761a. Lead
! aad other industrials were firm. The railways
! we're stronger on pLr1 ha~es for both long and
| short accounts. st. Paul advanced Z TO 20 d,
| Burning on and Quincy LIS to 1865.
! Missouri Pacific a to "a LOUIS
| vile and Nashville Il to 1917 sew York
central rlilf !, to 81: Northern Pacidc pre-
| ferred q to 1914 and Richmond Terminal x
! to 12is The last named was strengthened by
reports of better earnings and the progress
| making in the reorganization or the system.
| When DIstilers fell to % in the last hour
! sugar receded IL to 1907, and the general
! railway list yielded frac ionaly, In the final
/ s..
/ a " tirIn Net changes for the day show al
/ Vances of 1s to175 per cent Northwest lost
! AZ ChiCazo Gas aad General Electric u each,
! Cordage Z and Distillers ? 8 per cent in the
/ inactive stocks Canadian Pacific advanced
| =. 10 66 ana Des Moines and Fort Dodge pre-
| ferred, ? 10 49, Total sales were 1851
| shares. Railway and miscellaneous BONDS
! WeIe strong and in better demand at higher
! range of PAGES.
! The quotations at the closing were as fol-
! lows.
10 pref 6ld70% Mobile y Ohio 90. IS
/ sugar Refinery ..lOl Nash, Z. q -. L.. 70
| do pref ........ 94f u >. Cordage - ZIG
| American TOO'co. e9AI 90 40 pref 5ot2
! 40 nref ....... 1917 N. J. Central. 900. l051a
| ATKINSON T&SF. 5IlIN. Y. Central. .... 8
! BsItimoreS ONO. ~ y. Y. s. \. E.. 81
/ S%nada Pacitic... O. MORT. & West. pfd. 20
I Sbes X ohio. II Northern PaGlac ga
! Chicago y Alton. ll0' DO preferred q q
| Chicago, b. Y . ... 90 Northwestern w
! Nj Iack9 W lG33l Pacific Mail. l41a
! Dls. & "a Feed. 2JA Reading. -. ....,. ia
! East Tennessee 80 Itlcnin q Inlnal' II :
! do pref. u kock lsiann- '-'.' o. =
! 40 nref .. q do pref....,..lls1s
amt fla. sHarH