The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-12-06

the directors. which was called for
o CLOCK to-day. was the center OF attrac-
ton and every rumOr treating OF the de-
hberations OF the managers was eagerly
discussed II was not till after the close
OF business however, that anything de-
mite was known, II being officially an
nounced then that the directors had de-
cided TO declare the regular rate OF Ia per
cent on the preferred and per cent on
ment was statement that the payment
would be made out of the profits OF earn
lngs prior TO Sept l, 1884. Pending the
ofncial announcement the stock went
through some wild changes 1t opened at
SJqe6 against S5it last night and rose 70
SS4s, receded TO SIS and in the last ten
minutes OF business on heavy purchases,
Jumped TO s., a net gain Of 80 per cent. for
the day The early rise was ascribed to
Washington advices that there will be no
'pOp-gun" legislation at this session Of
congress. Chicago Gas was next in point
OF activity and figured for $500 shares
The stock, after an early rise to 7Sik re-
acted 70 nssQI2 The railway list was
weakened during the morning hour by
sales Tor London account. the foreigners
being disturbed by the poor traffic returns
OF the western roads; the loss at this time
ranged from "A to 2 per cent, St. Paul
leading. In the closing hour a better tone
prevailed The report from Washington
that the chances for the passing of an
amendment 10 the interstate commerce
law had improved, had no effect on the
market for time, but when Sugar rose
10 ~ there was more disposition on the
gressional action on this point is consid-
cred Of the greatest Importance to the
railways. Sterling exchange continues
Strong, with rates near the gold exporting
point. Money, however, is again showing
a declining tendency, both on call and for
tlme accommodations. Speculation left
sugar leading. st. Paul, Louisville and
Nashville, Jersey Central, Manhattan and
Western Union lost hG1ss per cent
Starch first preferred dropped to 40. The
DOnQ market fairly active and HIGHER
The sales of listed stocks aggregated 49,
600 shares; unlisted. $4,000 shares.
me quotations at the closing were as fol-
American Cotton Oil, 27as; do preferred,
O12iIi2; Sugar Refinery, SS7s; do preferred,
S2; American Tobacco, 81: do preferred, los;
Atchison, Topeka and Sante Fe, Az; Bal
timore and Ohio, 6634; Canada Pacific, 80;
Chesapeake and Ohio, 17s.; Chicago and
aalton l45; Chicago, Burlington and
Quincy. n; Chicago Gas, u7s; Delaware,
Lackawanna and Western, 1901; Distillers
and Cattle Feeders, S; East Tennessee, -;
DO preferred, -; Erie, lls4 do preferred,
q; Edison General Electric 34%a: Illinois
Central, 80; Lake Erie and Western, 49, do
preferred, 69121s Lake Shore, 1856; Louisville
and Nashville. 5334; Louisville and N. A..
s. Manhattan, 1854; Memphis and Charles
ton, 10; Michigan Central, 95l5; Missouri
Pacific, q; Mobile and Ohio, 1724; Nash
vile, Chattanooga and St. Louis. s.;
united states COrdage, 81; do preferred,
u; New Jersey Central, 9234; New York
Central, 80; New York and n. e, 307s;
Norfolk and Western preferred, 20Is: Nor
thern Pacific, AZ; do preferred, l77s; North
Mail, 2lls; Reading 1888; Richmond Term
inal 1874; Rock Island 6112; st. Paul, 571z;
do preferred, 11734; Silver certificates, 635s;
Tennessee Coal and Iron, 15h; do pre-
ferred 20 asked; Texas Pacific, 95s; Union
Pacific. 11%; Wabash st. l.. and p, SIS;
do preferred. 14S Western Union, S7A /;
Wheeling and l.. e., ~; do preferred. 81;
Southern Railway IS, Ss1l; do comon. 112s;
do preferred, 37A
State Bonds-Alabama A. 103sk; do B.
Jos; do G, S212 bid; Louisiana Stamped As
100; North Carolina As. 102; North Caro-
lima 6s, 1242s; South Carolina 5s, 10215; Ten
nessee, olds, 60 bid; do new set 6s, =: do
new set 5s, =; do new set 3s, Sly; Virginia
6s preferred 81 do Trust Receipts. 8; do
Funding Debt, $685..
Government Bonds-United States As
registered, 11Hs; do As, coupons, 1854; do
repfetarad OF