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

L. u n
Received yesterday -.... ...-. 1857 6441
Received previously. zee. -. 1876. 7a3 $50. SIS
Total. f52 go l78.28I
Exported to-day ............... rs
Exported previously .-..... 9sOag 800 so
Total. ...-. ....... 98O2a $500
Stock on hand and on ship
board to-day ..... ..... 80 4Q35 1OT %
Stock same day last year .. 81 sos 1875 S1S
Receipts same day last year 1920 4226
Price spirits turpentne same
day last wear -. -. 241.c
New York. Aug. 7.-Rosin dull. and weak:
strained, common to good 81 1881 80
Iurpentlne Erm and quiet at 23d2955c
Charleston, Aug. :. - Spirits turpeuti1e
nrm at %oc; receipts -- casks. Rosin-good
stTaineq hrm at voc; receipts = barrels.
s, Wilmington, n. G. AuE 7-Rosin steady:
turpentine, steady; receipts Al casks. ar
hrm at IL 80. Crude turpentine firm; hard
81 90; soft 81 20; virgin. = 20
Financial.
Savannah Aug. Money is easy.
Domesuc EXchange-Ihe tone OF the mar
Ket is steady. Banks are buying at par and
selllng at Is per cent. premium up to S5OJJ
ana l-lO OF per cent for amounts of 5000
Foreign Exchange dull. The
| following are net Savannah quotations:
Sterling commercial demand 81 BSI4 sixty
| days q 81; ninety days, a S62i: francs Paris
and Havre. sixty days, 50 ~; Swiss. sixty
days IS 2014: marks, sixty days. 95iE
Securlties-The market is very dull and
State Bonds-Georgia AZ per cent 1915
ld3h pld, ll4% asked: Georgia per cent. 1896,
! lO41a bid, lO5 asked; Georgia BIZ per cent.
| long dates 9T1a bid, 98 asked.
| City Bonds-New Savannah 5 per cent
| quarterly October coupons 1854 bid 1861
asked; new Savannah per cent. November
! coupons. 1O)1a DID. LOO 4 asked.
Railroad Bonds-Central Railroad and
| Banking Company collateral, gold 5s IS bid
asked; Central consolidated mortgage Z
| per cent. coupons. January and July maturity
1898, III bid. = asked; Savannah and West
| ern railroad per cent. trust certificates. A.
bid, Al asked; Savannah, Americas and
| MMontgomery per cent. 80 bid, asked;
| Georgia railroad per cent. 1910 107 bid, 100
| asked; Georgia Southern and Florida first
! mortgage per cent. IS2 bid, 81 asked;
| Montgomery and Eufaula first mortgare 6
| per cent Endorsed by Central railroad lOl
| 0ld - asked; Augusta and Knoxville drst
| mortgage per cent. l0l bid, l0} asked; Ocean
| steamships per cent, due in 1920, 81 bid ~
| asked; Columbus and Rome first mortgage
| bonds. indorsed by Central railroad IL bid -
| asked; Columbus and Western per cent.
| guaranteed, 80 bid, - asked; City and Sub
| urban railway first mortgage per cent -
| bid, So asked; Savannah and Atlantic per
| cent, Endorsed, 25 bid, 40 asked: Electric rail
way hrst mortgage IS, So bid, - asked: South
| Georgia and Florida first mortgage 7 Der
| cent, 1861 bid. 1867 asked South Georgia and
| Florida second mortgage, 1917 bid 1861
asked; Alabama Midlands. IS bid 90 asked
| INdAlAOdu cpOChS-ObuIEdl common. DlQ,
| ~ asked; Augusta and savannah per cent.
| guaranteed, IS bid, 81 asked: Georgia com
mon, ISL bid, 1853 asked; Southwestern
per cent; guaranteed, including or
der for div. SO bid, 10 asked Central 6 per
| cent. certificates, with order for defaulted
| interest, bid, 27la asked; Atlanta and
| west Point railroad stock. 70 bid IS asked
Atlanta and West Point per cent certih.
Gates. SO bid, 90 asked.
Bank Stocks. Etc.-Southern Bank of the
State OF Georgia 1854 bid, - asked: Mer.
"a al ap1r y nDr
| savannah Bank and Trust Company TO- bid
l031s asked; National Bank of Savannah, i3C
| bid, 49, asked Oglethorpe Savings and Trust
! Company, 80 bid. 10 asked; Citizens Bank
| lOl bid, i0l% asked; Chatham Real Estate
| and improvement Company. 500 bid asked:
Germania Bank, l0lh bid, 1902 asked;
Chatham Bank, 1911 bid, 492l asked; Savan-
| nah Construction Company, "a bid, IS asked
| Title Guarantee and Loan Company, IS bid
| u asked
New York, Aug, 2, 4 p. m.-Money on call
easy at per cent. The last loan at per
cent. and at the closing was offered at per
| cent
Prime mercantile paper, 8160419 per cent
Bar silver 62 sc.
Sterling exchange is easier. with actua
business in bankers bills at 81 873114 81.
for sixty days and "a 8846S4 8o14 for de
mand posted rates "a 8 "a 8915.
days.
Government bonds steady. State bonds dull.
| Railroad bonds stronger.
| Silver at the Stock Exchange to-day wa S
neglected.
New York, Aug THE following were
theopening quotations at the Stock Exchange
| today:
! Erie f3al
Chicago and Northwestern ............ 1903
Norfoikand western preierre,i 80 30
| Rlchmondand West Point Terminal. IS
| WeSternUnlon... ............. ....... Sc
New York. Aug. Stocks except for a hall
| dozen or so. during the morning, ruled higher.
In the opening trading a determined drive
was made on Burling ton and Quincy. the
| stock being forced down TO 20 on heavy sales
| The decline was based on the reported dam
| age to the corn crop, which 1t was said would
| result in a reduction in the dividend paid by
| the company. London also had some selling
| orders IN the market at the opening but the
| amount was Insignificant. The efforts made
| to break Burlington and Quincy were so
| transparent that the average trader held off,
| and was not disposed TO sell even
| after the sensational rise in I corn
| 10th here and in Chicago which demoraliZed
| the shorts in that cereal. The paucity OF the
| offerings of the shares Of the roads travers
ing the corn belt, which are said to have sus
tanned heavy losses by the drought, alarmed
| the smaller shorts. and movement to cover
| followed. Prices advanced by easy stages
until the last hour, when there was a sharp
rise based on Washington advices that the
! tariff conferees had agreed upon a measure
| providing for a small duty on sugar and plac-
| Ing coal and iron ore on the free list On this
| report Sugar rose to 1Oi4, Lead
| TO 4U1s, chicago 6dS 10 6eQ6Tdl
| Electric to 81, Burlington and Quincy
| to 71A St. Paul TO 59% Rock
| Island to So , Northwest to l4, Missouri Pa,
| cifc to 81 Northern Pacific preferred TO 143{
| and Western Union to S64 1t was stated
| after the close Of business, however, that the
| rumors of an agreement on the basis stated
| would not be accepted by the so-caled con
| sentative element in the senate and that any
| diversion from the original Senate bill would
! result in the defeat Of tariff legislation at
this season of congress. The market closed
| strong and a to Y per cent higher on the
| day. Lackawanna advanced to 1866. Sales
for the day aggregated l25741 shares, includ-
ing l0l 600 shares listed The bond market
was strong.
The quotations at the closing we're as fol-
| lows:
| Ann. Cotton Oil q Missouri Pacific. % z
do pref ....... 7OR Mobile q Ohio. go. 20
Sugar Refinery 1917 Nash. c. st. L.. 90
do pref. ....... 05H Q. ) Cordage 90. 2l4
American ToDco. S)9a do do pref. 81
do pref ......l 1903 N. j. Central .... 100
Atchlsou T.&S.F. 34N. Y. Central. .... 975s
Baltimore& Ohio. p n. Y. & ~ e.. 1871
Canada Pacific. 635s Norf 81 West ptd. l03s
Ches. & Ohio. ..... III Northern Pacific 39s
Chicago & Alton. 40 do preferred l4H
Chicago, b. Il a.. MS Northwestern 1888
Chicago Gas. ..... 70 do preferred. l4Oh
Del, Lack II W. les Pacific Mail ....,. l4a
Dis g. Cat. Feed. 1875 Reading. .......... 17%
East Tennessee. 91a Richm'd T'minal 1873
DO pref ........ Is Rock Island .... 63&
Erle............... 1873 ST Paul.........,. 5942
do pref. % do pref. ......l l75a
Ed Gen. Electric $3.50 Silver Certlf' ... 81
| Gal q Tr1n