The morning news., 1894-08-09


Price spirits turpentiue same
day last wear .... ....-.. .... 2ic
New York, Aug. S.-Rosin dull, steady;
strained, common to good, 81 l5t0Sl 20. Tur-
pentlne quiet and steady at 2902915c.
Charleston, Aug. s. - Spirits turpentine
firm at &c bid and refused receipts IS casks
Rosln-good strained firm at soc; receipts
26l barrels.
Wilmington, N. c.. Aug. s.-Rosin steady:
strained S71Rc; good strained, 92Mc Spirits
turpentine, firm at 26Hc hid; receipts. 5S
casks. lar firm at Il So Crude turpentine
hrm hard 81 90; soft 81 20; virgin. u ~.
Financial.
Savannah, Aug 8,-Money is easy.
Domestic EXchange-Ihe tone OF the mar
ket is steady. Banks are buying at par and
selling at 1s per cent. premium up to 5000
and lilo OF per cent for amounts Of S., 900
and over.
Foreign Exchange-Market dull The
following are net Savannah quotations.
Sterling commercial demand, "a 88A; sixty
days, S4 g.; ninety days, "a 56}z: francs. Paris
and Havre. sixty days, s. lg; Swiss, sixty
days, IS 2o34; marks. sixty days 95S
Securlties-The market is very dull and
quiet.
State Bonds-Georgia AZ per cent. 1915,
1l31a BID, ll44 asked; Georgia per cent. 1885,
10415 bid, los asked; Georgia 3Iz per cent,
long dates, 9711 bid 9s asked.
City Bonds-New Savannah 5 per cent.
quarterly October coupons 1861 bid, 1861
asked; new Savannah per cent. Novem ber
coupons, 1851 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, ~ bid, = asked: Savannah and West
ern railroad per cent. trust certificates A.
bid. Al asked; Savannah, Americus and
Montgomery per cent. so bid - asked;
Georgia railroad per cent. 1910. l07 bid lO9
asked georgia Southern and Florida first
mortgage per cent. 79iz bid, 81 asked;
Montgomery and Eufaula first mortgage 6
per cent lndorsed By Central railroad lOl
bid, - asked; Augusta and Knoxville first
mortgage z per cent 10l bid, l03 asked; Ocean
steamship 3 per cent, due in 1920 9j bid 81
asked Columbus and Rome first MORTGAGE
bonds. indorsed by Central railroad Al bid. =
asked; columbus d and Western 8 per cent.
guaranteed 80 bid, - asked; City and Sub
urban railway first mortgage : per cent. ~
bid, 80 asked, savannah and Atlantic B per
cent lndorsed % bid, 40 asked Electric rail
way first mortgage 6s, 55 bid, - asked South
Georgia ana Florida first mortgage 7 per
cent, lO5A bid, 1861 asked; South Georgia and
Florida second mortgage, 1857 bid, 1864
asked Alabama Midlands SS bid 80 asked
Railroad Stocks-Central common. - bid
10 ASKED; Augusta and Savannah per cent
guaranteed, s5 bid, 81 asked Georgia com
mon, Isl bid, l53 asked: Southwestern
2 per cent: guaranteed, including or
der for div. SO bid, ~ asked; Central 6 per
cent. certificates, with order for defaulted
interest, bid, 27i5 asked, Atlanta and
West Point railroad stock 79 bid IS asked.
Atlanta and West Point o per cent certif.
Gates. 80 bid. 90 asked
Bank Stocks, Etc-Southern Bank of the
State of Georgia l6l bid, --- asked, Mer
chants National Bank. 81 bid. 9212 asked;
Savannah Bank and Trust Company lO2 bid
1881 asked; National Bank of Savannah, 40
bid, - asked; OglethOrpe Savings and Trust
Company, 80 bid. 10 asked; Citizens Bank
lOl bid iOl% asked; Chatham Real Estate
and Improvement Company, 500 bid, asked;
Germania Bank. lOlH bid, l02 asked;
nah Construction Company. "a bid, 75 asked
Title Guarantee and Loan Company. 70 bid,
7s asked
New York. Aug. 8, m.-Money on call
easy at l per cent. The last loan at per
cent. and at the closing was offered at per
cent.
Primemeroantle paper, 3h84]l per cent
Bar silver 62Ac.
Sterling exchange is easier. with actual
business in bankers bills at "a s7A94 sIh
for sixty Gays and 81 SS4D4 sSH for de
mand; posted rates "a Z. IA o91l.
Commercial bills 81 s5AG14 SjA for sixty
days
Government bonds steady. State bonds dull.
Railroad bonds urn
Silver at the Stock Exchange to-day was
New York, Aug s.-The following were
theopening quotations at the Stock Exchange
to-day:
Erie Observation-Disclosures. 14A
Chicago and Northwestern 1851
Norfolk and Western preferred .......... 21
Richmond and West Point Terminal, Is
%
New York. Aug s.--There was feeling OF
uncertainty ia the stock market at the start
some OF the prominent issues having ad-
vanced while others showed a declining ten.
dency Later the Grangers were heavy, and
especially for Burlington, which sold down TO
10 on the corn crop damage reports. 1t was
rumored that the government crop report will
show that the condition of the cereal will
average only s. per cent, the lowest on
record In sympathy Rock Island ran OF to
63l4, st. Paul to 69ls and Northwest TO lO5la
This attempt to force the bears TO unload con.
siderable long stocks proving unavailing
some smaller shorts changed front and at
tempted to cover This movement met with
poor success and the traders of bullsh pro-
clivities jumped ana bid up prices all around.
AS the day advanced hints were re-
ceived from Washington that the tarin
tight was at last reaching an end.
Details we're lacking as TO the compromise
but these were not needed. II was enough
for the bulls on stocks 20 know that some
agreement had been arrived at. With the
tariff out OF the way, they argued, speculation
IN stocks would take on new life, and accord
ingly. they extended their lines. break IN
corn on stoploss orders and the marketing OF
long stun assisted the bulls In the stock mar