The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-05-02
MARKETS BY TELEGRAPH.
Financial.

New York May /. o. m.-Money on call
is easy at per cent. The last loan was at l
per cent, and at the closing was offered at l
per cent.
Prime mercantile paper, 31414 per cent
Bar silver o414c.
Sterling exchange is firm, with actual bust
ness in bankers bills at "a S714 ~ $40 for sixty
days and S. g. "a 81 Tor demand; Losied
commercial bills "a s6h@487 for sixty
days
Government bonds steady. State bonds dull
Railroad bonds irregular
Silver at the Stock Exchange to-day was
neglected.
New York, MAY THE following were
the opening quotations at the Stock Exchange
to-day:
Ell e............. Observation-Disclosures. -
Chicago and Northwestern. .............. l0sh
Norfoikan Western preferred .,....... 2i%
Newfoundland West Point Terminal. zee. y
Western Union. ............. ....... 8o9s
New York May 1.-Realizations on lib
eral scale IN American sugar mad tendency
to weaken the market for stocks In the early
dealings. Sugar opened slightly lower at
1852 and then fell to l0I; this Was the heav-
lest decline. the other induStrials recedlng
about Il to q per cent American Tobacco
was an exception. and, after an early decline
of a to 81. rose to S6H. At the latter figure
the stocks showed a gain of 4 per cent, as
compared with Yesterdays final transactions
and about expresses the view insiders take OF
the Importance Of Attorney General Mo
lOney's action IN Industrial corporation
matters The drop in sugar brought in
fresh buying orders, Notwithstanding the
heavy realizing the reduction IN the price OF
refined sugar and rumors OF further cuts IN
the early future. The stock moved up 10
lO5It reacted to l49s and left oil at lUo$,
loss of Il per cent. per day. Transactions
were lust about 30 per cent. Of Yesterday
big total; lead was the weakest OF the group
and declined to IL on moderate trading Cord
age was a favorite and moved up a point 70
25}5. The preferred was negleG Stei
Chicago Gas, on moderate Dusl-
ness gained about a point selling UP
to 6S. General Electric was in demand
and rose to 40la. The railway list was not
affected to any great extent by the irregular
ity of the industrals, ana held urn untII
lust previous to the close, when there was
spurt in the grangers. Burlington * quincy
was the leader, and in the tnal TRANSACTIONS
touched SOFA a gam of I Is as compared Win
the oneninp sale The stock has been sofa Dy
small operators during the past week or so
on the idea that the March statement Woulu
be unfavoraDle. he report was given out 10,
day and actually showed gain IN surplus ol
S4 29S When this was announced suoILS
were made to cover, and this STOCK
taking as well as the other Rrahgers'
were in hand and bid up by the shortS. ~;
Paul was advanced to 65 hQck d iiia q
10 6q5 and Northwest to 1909; Reading was
weak spot falling from 10 TO lf9s0lo'g. Inc
Junior mortgages were also heaVy On talh VI
large assessments Lackawanna uecIlheu d
noint in sympathy. Missouri Iatllc was ~
PPe erns fbTorghout, and moved up from % to
3rs, closing at the top figures, o. " esT 93Ea
Union gained - per cent, rising 10 oo,2, ny
1nariIet closed strong the engagements OF
SI'oOIOJ0 in gold for shipments TO europe TO,
morrow and the knowledge that adaltl I1I.iti
amounts will have to go on SATURDAY, nayi ,l
had no effect The total sales were -ltuVO
sbares. hallway and miscellaneous GondS
we're irregular. Sales listed sio KS l5-'VJo
shares; unlisted. s. O0J shares
The quotations at the closing were as lol-
lows: