The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-05-03
MARKETS BY TELEGRAPH.


New York, May 2, p. m.-Money on call
is easy at per cent. The last loan was at
per cent, and at the closing was offered at
per cent.
Prime mercantile paper, S]4Q14 per cent
Bar silver 6414c.
sterling exchange is firm. with actual bust
ness in bankers bills at 81 874@4 S71a for sixty
days and 81 851t44 81 for demand; posted
CommerciaI bills 81 851l04s7 for sixty
days
Government bonds quiet. State bonds dull
Railroad bonds Irregular
Silver at the Stock Exchange to-day was
New York, Nav 2.-The following we're
the opening quotations at the Stock Exchange
today:
Ere ........................ ..........,..... 1914
Chicago and Northwestern. .......... l0sA
Norfoikaad Western preferred ........ 21h
Richmondald West Point Terminal. .... "a
western u mon ...- 4. '.'...'.''..- 't.'.-- of1s
New York, May 2.-Speculation at the
stock exchange was very irregular III its
course TODAY. At the opening the industrials
were depressed by sales for the long and
short accounts. sugar fell 3 to lO4. Lead,
and Chicago Gas also scored losses at this
time. The railway list was depressed and
fell off anywhere from a to Ia per cent g,
Louisville and Nashville leading. ms stock
was influenced by the loss in net earnll gs OF
March. Sl21l5. Reading then developed
marked weakness, the common falling Ia 10
1873. while the junior bonds declined 1a02 per
cent. The formation OF new committee 10
represent the interest of the general mort
gaze bondholders and the announcement that
the old committee would press their
claim event to the extent OF demanding
the foreclosure Of the MORTGAGE accounts lor
the heaViness Of the securities General
Electric and Lead at this time weakened, the
former selling down q 10 3sA and the latter
to &c. The last named was adversely IN
fluenced by rumorS that the common STOCK
holders will have to wait for their dividend
until the adjournment of congress, even II
thew get il then. IN the last half holr OF Ousl-
ness Sugar loom ed into prominence ana alter
a large transaIA ion rose rapidly to lO61a.
a gain of pa per cent. compared with the low
est Of the day, This strengthened the gen.
eral list for gains, but the closing was very
irregular. Net changes snow gains OF 14'4l1s
per cent in some of the active stocks ana
losses of about a to ! per cent. IN other5.
transactions we're 10000 shares. halfway
and miscellaneous bonds were HTeR uIaI anu
in the main weak
The quotations at the closing were as loi-
lows: 49,
ANN Cotton Oil. 30A Missouri Paclhc'' 81 2
do nrei ... 70 Mobile & Ohio. ,.. ls1a
sugar Rednery -. 1857 Nash. Q. x st. L.. y
Al rrJf e6i. Natl Cordage .... 24B
America a Tob'co s64 do do pref. asa
40 mot qqA N. J. Central. see. llO}s
Atkinson T ST 1885 N. Y. Central. .... S9%
IssItjy7 arev Ohio 76% n Y. & N E.. So
Canada Paridc.. 81 Mort. & w est. pfd.. 2lA
S,bes y ohio 1873 Northern Pacific. "a
Chico go & Alton. 1873 40 preieIreu'' ,og,,
SrhiI AGO ,t ,{as, -. 81 do preferred li2
De- e, Lack & W 1904 Paclnc mani 10 ~
DIS. s. Ca. Feed 2lA heauIng' "a
East Tennessee a. Richm a Inlhal' eos.
do pref ....... II ROCK Isiahu' ''''' GSi
Erie. ........-..... l3R ~ auI.. '''' 1IoiL
IA co.. giertrlc 3g1{I Silver Certif S.. 81
fiiinois C1entrai. g2% Tenn Coal& Iron. l14
Lake Erie " W.. 1913 90 90 pre- "
DO pref -....... bl4 Tex as FaCtlio' '''' ~
Lake Shore ....lD Union / aClil0I u III
L'ville g. Nash I94 bash' > u -
Louisville y N. A. S8l do 90 pref -