The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-09-18

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Wilmington, N. c., Sept. 17.-Rosin firm;
strained, Soc; good strained, 90c Spirits
turpentine nothing doing; receipts, &c casks.
Tar was firm at Al 10. Crude turpentine
steady; hard 81 %; soft 81 90; virgin, 81 80.
Financial.
Savannah. Sept. 17.-Money is steady.
Domestic Exchange-1he tone of the mar
ket is steady Banks are buying at 3-i6 per
cent. discount and selling at par on amounts
up to 5OJ and at l-l6c per cent. discount on
amounts over $500,
Foreign Exchange-The market is firm.
The following are net Savannah quotations:
Sterling, commercial demand, "a So;
sixty days, 81 S454; ninety days, 81 a;
francs, Paris and Havre, sixty days S. 2l
Swiss; sixty days, s. 224; marks, sixty
days, 81 HE.
Securities-The market is quiet and dull.
State Bonds-Georgia AZ per cent. 1915,
1l31a bid 1l414 asked; Georgia per cent. 1896,
lO424 bid, 1861 asked; Georgia 31a per cent
long dates. IS bid, 9812 asked.
City Bonds-New savannah 5 per cent.
quarterly October coupons 1864 bid, 1864
asked; new savannah per cent November
coupons, 1851 bid, 1O6 asked.
Railroad BOndS-Central Railroad and
Banking Company collateral, gold IS, So bid.
asked; Central consolidated mortgage Z
| per cent, coupons January and July maturity,
| 1898. II bid, asked; Savannah and West
| ern railroad per cent. trust certificates, 81
| bid, "a asked; Savannah. Americas and
Montgomery per cent 90 bid, % asked;
Georgia railroad per cent. 1910, 107 bid, 1903
| asked; Georgia Southern and Florida first
mortgage & per cent. 80 bid, S4R asked;
| Montgomery and Eufaula first mortgage 8
per cent. indorsed by Central railroad, 101 Did,
| asked; Augusta and Knoxville hrst mort
| gage per cent. 1907 bid, 1917 asked; Ocean
steamship per cent, due in 1920, SO bid, 80
| asked; Columbus and Rome first mortgage
bonds, Endorsed by Central railroad, 49, BID Al
| asked; Columbus and Western per cent,
guaranteed. 10l bid, - asked; City and Sub
urban railway first mortgage per cent, -
bid, S5 asked: Savannah and Atlantic per
cent. indorsed, 25 bid, 40 asked; Electric rail
way first mortgage IS, - bid, - asked; South
Georgia and Florida first mortgage z per
cent, 106 bid, 107 asked; South Georgia and
Florida second mortgage, 1861 bid, 1861
| asked; Alabama Midlands, IS Did, 90 asked.
Railroad Stocks-Central common. - bid,
IS asked; Augusta and Savannah per cent.
mon, l45 bid, 1872 asked; Southwestern
z per cent. guaranteed, including or
der for div. 7ll9 bid. 721a asked; Central
per cent certificates, with order for de-
faulted interest, 25 bid, 271a asked; Atlanta
and West Point railroad stock, so Did, 80
asked Atlanta and West Point 6per cent.
certificates 80 bid, '93 asked.
Bank Stocks, Etc.-Southern Bank OF the
State Of Georgia, 1874 bid, - asked; Mer-
chants National Bank, 90 bid, 90 asked
Savannah Bank and Trust Company, l02 bid,
l03 asked National Bank Of Savannah, $50
bid, 1872 asked; Oglethorpe Savings and Trust
Company, SO bid, 100 asked; Citizens Bank,
100 DID l01 asked; Chatham Real Estate
and improvement Company, 5O2i bid, 81 asked;
Germania Bank. 1919 BID, 1929 asked;
Chathem Bank, 4615 bid Az asked: Savan-
nah Construction Company, "A bid, IS asked;
| Title Guarantee and Loan Company, 7j1z bid,
- asked
New York. Sept II, 4 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
PrlmemercantIle paper, 494g4 per cent
Bar silver 65 d c.
Sterling exchange is strong; bankers
bills at 81 S55G4 S52 for sixty days and
s. 964Gt S615 for demand; posted rates
Commercial bills 81 $1,000 s5A for sixty
Government bonds steady. State bonds dull.
Railroad bonds eaEer.
Silver at the Stock Exchange to-day was
ca bid.
New York, Sept. 1.-THE following we're
theoDening quotations the Stock Exchange
to-day:
Chicago and Northwestern. 1881
Nor rS aad western preferred 254
Richmond ana West Point Termtnal...> 1874
Western Unlon...... neutrality-suspicious. 9O2s
Southern Railway common .....-.......... o..
do do preferred ....... o. ..
New York, Sept. I7.-There was some in
tere sting developments in stocks to-day and
there WIS IN addition material increase IN
the volume Of business, bat the activity was
at the expense OF values. Four stocks, Amer
lean ugar. Whisky, CHICAGO Gas and Read
ing figured for 5000 shares, in total OF
357 GIL shares for the entire list. sugar made
the greatest loss dropping from l02 TO 81 ex-
dividend of per cent. The board room
reason for the break " as that insiders. fear
ing adverse legislation by congress at the
/ coming session, had supplied all bids on the
recent advance ana we're prepared Tor any
| thing that might happen in the future. The con
dition of the market for raw sugar, the result
| Of recent legislation. so the room had IL. was
steadily operating against the trust. WHISKY
was likewise heavy, breaking from 1874 10
/ lOll and o. Considerable long stock came
| ogt on the way down. one firm having dis
posed OF 500 shares which we're said TO re
| forced out because Of the recent depression,
| The stock has been under suspicion ever since
] the sensational failure Of the insiders TO ne
! gotiate a big loan with eastern capitalists.
/ The formation OF committee to guarantee
! the interests OF holders Of the concern s re-
! bate vouchers also I'D led TO the uneasiness.
| To-day all the old unlavorable reports about
/ q reccivership, etc. were made to do service
/ and this in the excited condition OF the mar
! ket for the STOCK accelerated the de-
/ cline. Reading was another pear iaForlte ana
| fell under pressure from 2OA to 1875. Ihls
! stool, was depressed by the announcement
that the Earle.O lcott plan requires heavy
/ assessment on all the junior securities.
/ Among the standard stocks steady tone
/ rrevailed at the opening and subsequently,
/ he Graugers and Louisville and Nashville
/ scored fractional gains. Before ii O'Clock,
/ however a sharp raid was made on North
west which forced the price down ia 20
/ tO25 This unsettled the whole lst, ana
| wnen Sugar and Wliskey broke tne market
! gradually declined. The loss, however, was
! nv no means important and except In
! Inc case OF Northwestern, which lost q
/ uoiut or SO tor the day, the decline was merely
| fractional on the other hand Northern ia
! ci8c preferred and st. PAU made slight gains.
/ Ibirago cas- nt one time dis played great
| streugth rising 10 ~ but later. In sympathy
| MN these sensational changes in other IN