The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-07-12
NAVAL STORES STATEMENT.

Exported today ............... p | OO7
Exported previously .......... rs. 800 2iSl3t
Total. ...~..... %. 78.4l5 250l88
Stock on hand and on ship
board to day ..... .-... -. As 62S qS 1879
stock same day last year.. 81 sos 1913 7s2
Receipts same DAY last year. I,64l 3672
Price spirits turpentlne same
gay last year. .-......... 25I5c
New York July 1l.-Rosin dull and easy;
strained, common to good, 81 32l50I S7%
Iurpentine quiet and steady at 251s03Oc.
Charleston, July H. Spirits turpentine
quiet at 271Ac; receipts SO casks. RoSin-
good strained 90095c; receipts 252 barrels
Wilmington, n C., July 1l.-Rosin steady:
strained, S714c; good strained, 921ac Spirits
turpentine dull at 2614c Tar dull 81 s.
Crude turpentine steady; hard 81 %; soft
u 30; virgin, s. %
Financial
Savannah, July l1.-Money is easv.
Domestic Exchange-rhe tone of the mar
ket is steady. Banks are buying at par and
selling at "a per cent. premium up to 5000
ana Ito OF per cent for amounts of 5000
and over.
Foreign Exchange-Market dull but firm
The following are net Savannah quotations:
Sterling commercial demand, "a 872i: sixty
days, "a $50; ninety days, IA SO: francs, Paris
and Havre. sixty days, So 10; Swiss, sixty
days, 80 2OA marks, sixty days, 95Is
Securlues-The market is generally quiet
state bonds-Georgia AZ per cent. 1915,
IL
lO4 bid, los asked: Georgia 80 per cent,
long dates, 90 bid, 9714 asked
City Bonds-New Savannah per cent
quarterly October coupons 1857 bid 1859
asked; new Savannah per cent August cou.
pOns 100 bid. 1861 asked
Railroad Bonds-Central Railroad and
Banking Company collateral gold S. SO bid
asked; Central consolidated mortgage z
per cent. coupons. January and July maturity
1898, ll61a bid. - asked: savannah and West
er1 railroad 8 per cent. trust certificates, AZ
Dld, ~ asked; Savannah, Americas and
Montgomery per cent. 80 bid, 80 asked
Georgia railroad per cent. 1910, 107 bid 1903
asked; Georgia Southern and Florida first
mortgage per cent. bid 81 asked;
Montgomery and Eufaula first mortgage 6
per cent. Endorsed by Central railroad g8lk
bid, 100 asked; Augusta and Knoxville first
mortgage per cent. 80 bid l0 asked; Ocean
steamship per cent, due in 1920 81 bid, 100
asked; Columbus and Rome first mortgage
bonds. indOrsed by Central railroad IL bid -
asked; Columbus and Western per cent,
guaranteed, S812 bid, - asked; City and Sub
urban railway first mortgage per cent, -
bid, 50 asked; Savannah and Atlantic 5 per
cent, lndorsed, % bid, 40 asked Electric rail
way first mortgage 6S, 55 bid IS asked: South
Georgia and Florida first mortgage per
cent, 100 bid, lO6 asked South Georgia and
Florida second mortgage, l04 bid, los asked;
Alabama Midlands, SS bid. 80 asked ~
Railroad Stocks-Central common, 20 bid,
q asked; Augusta and Savannah per cent
guaranteed, IS bid. - asked; Georgia com
mon, 141 bid, IA asked Southwestern
per cent. guaranteed. including or
der for div 70 bid, 1874 asked; Central per
interest, % bid, 80 asked: Atlanta and
West Point railroad stock rs bid So asked;
Atlanta and West Point per cent certih-
Gates, SO bid, 81 asked.
Bank Stocks, Etc.-Southern Bank Of the
State of Georgia, 1854 bid. asked ex divi-
dend: Merchants National Bank. 90 bid, 81
asked ex dividends Savannah Bank and Trust
Company, 9S bid 9o12 ex-dividend asked:
National Bank of Savannah i29 bid, 100 ex div
idend asked; Oglethorpe Savings and Trust
Company, 100 bid, i01 ex-dlvidend asked: Citi-
zens' Bank, 1907 bid i0l exdividend asked;
Chatham Real Estate and Improvement Com
pany, 50 bid, - asked ex-div; Germania Bank,
100 bid, 10l dividend asked; Chatham Bank.
4s4 bid, 1917 ex-dlvidend asked; Savannah
Construction Company, 70 bid, 80 asked !;
Title Guarantee and Loan Company, "a bid,
70 asked
New York. July II, p. m.-Money on call
easy at l per cent. The last loan at l per
cent. and at the closing was offered at per
cent.
Prime mercantile paper, 31s0f per cent
Bar silver 631ac.
Sterling exchange is firm, with actual bust
ness in bankers bills at "a 87(14 S714 for sixty
days and 81 S54 for demand; posted rates
Commercial bills 81 s3H@4 s6al for sixty
days
Railroad bonds weak.
Silver at the Stock Exchange to-day wa
neglected.
theopening quotations at the Stock Exchange
to-day;
Er.e................. NEUTRALITY-SUSPICIOUS.. 1873
Chicagoand Northwestern. ............. 1O4
NorfoiKand western preferred ......... 10
Richmondand West Point Terminal. 11%
WesternUnlon. 80. .-..........- --..,... e3l4
New York July IA sharp drive was
MADE in Chicago Gas at the opening Of bust
= .1r A,-rav, nod 70
52Ia the general list yielding l5651s per cent,
in sympathy. The decline was due to fears
that the Chicago Knights of Labor would fol-
low General Master Sovereign's suggestion
and further complcate the labor situation at
the west. When II was seen, however, that
Severe ign's request was having but little in
hueuce. and that the ranks OF the strikers re-
ceiyed few accessionS, there was a decided
change for the better. Conditions on the Pa
ctfic coast improved materially, and 1t was
also rumored that the pullman employees
would return to work without arbitration after
all Again the government crop report mad
a good effect on the corn carrying
roads and induced purchases OF Rock Island
and Chicago, Burlington and Quincy for both
long and short accounts. Chicago Gas, after
the early decline TO 12l5, rose rapidly to %
the recovery being assisted by reports that
the company does not employ union labor.
and that the Sovereign order. even II carried
ont would only have an indirect influence.
Sugar scored the heaviest gain, among the in
dustrials rising from SO to 80 on Washington
advices that the conference committee Will
agree to protective duty on refined sugar.
Tobacco moved up to IS lad9SS2f on light trans
actions while Linseed Oil fell from 20 to H.
1,he suicide OF the vice president OF
the company having started sell
inc movement Pullman. was in bet
ter demand and advanced per cent.
to 1855. closing at l57 bid. The railway list,
after the fractional decline noted at the open
ING becamestrong ana continued so TO close.
me more coAndenJ tone characterized the
dealings throughout the session. London ex.
aGgerated the Importance of the proposed
strike by the Knights Of Labor. and sold at
the start but when they saw an inslgnih-
cant proportion OF the memters responded 10
me call for a strike the foreigners turned
bullish There was "A good demand for the
Grangers. Reading, Louisville and Nashville
ard Western Union. and the improvement
which ranged from "A TO rs per cent, was
we'll distributed. The market closed strong
and i(7gss per cent. higher on the day Total
sales were i5g OJC shares The bonds market
onened weak but closed higher.
The quotations at the closing were as fol-
lows: 49,.
- pref GJN70 Mobile Il OhiO... ~
o,,.,ar Redperv =. 0s1l Nash. c. x -, L.. 20
~ pref ....... % IT, .. COrdage 90. 2l4
.,n.riean Tob'co 500 DO DO pref 800
rref tOi N j. Central .... i0i