The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-09-06
NAVAL STORES STATEMENT.

y
Price spirits turpentIne same
Gay last year ...... .......-. 25%c
New York. Sept. 5.-Rosin market quiet,
steady; strained common to good 81 l56
ii ~. Turpentine dull and firm at 2sls029c.
charleston sept. D. - Spirits turpentine
firm at 25%026c; receipts Il casks. Rosin-
good strained firm at 959Sl 90; receipts 81
barrels.
Wilmington, N. G., Sept. 5.-Rosin firm:
strained, Soc; good strained, 9Oc. Spirits
turpentine, firm at 2534c bid receipts -,
casks. Tar steady at 81 o. Crude turpentine
quiet; hard 81 %; soft 81 60; virgin, 81 90.
Financial
Savannah, Sept. 5.-Money is easy.
Domestic Exchange-The tone of the mar.
ket is steady. Banks are buying at "A per
cent, discount and selling at Is cents pre-
MUM on amounts below 800; above that
amount at par.
Foreign Exchange-Market shade easier
The following are net Savannah quotations:
sixty DAYS, "a s4%; ninety days, 81 s414
francs Paris and havre, sixty days, So .0A;
Swiss sixty days, IS PA; marks, sixty
days, "a 1916
Securities-The market is quiet and dull.
state Bonds-Georgia Az per cent. 1918
ll3R bid, ll414 asked; Georgia per cent. 1896
lO44 bid, 1857 asked; Georgia 81 per cent,
long dates, SO bid. 9S15 asked.
City Bonds-New Savannah 5 per cent.
quarterly October coupons 1853 bid, 1864
asked; new savannah per cent. November
coupons, lUO1s Dld, ITO asked.
Railroad Bonds-Central Railroad and
Banking Company collateral, gold 5s, So bid
asked; Central consolidated mortgage 7
per cent. coupons January and July maturity,
1898, III bld.-asked; Savannah and West
ern railroad per cent. trust certificates. so
bid, "a asked Savannah. Americas and
Montgomery per cent. 50 bid, 50 asked .
Georgia railroad per cent. 1910, l07 bid, 1O9
asked; Georgia Southern and Florida first
mortgage 6 per cent. 50 bid. s415 asked:
Montgomery and Eutaula tirst mortgage s
per cent Endorsed by Central railroad, l0I Did,
asked; Augusta and Knoxville first mort
gage per cent 1909 bid, l0llE asked: Ocean
steamship per cent, due in 1920. So bid SO
asked Columbus and Rome first mortgage
bonds Endorsed by Central railroad - bid Al
asked Columbus and Western per cent,
guaranteed, lOl bid, - asked; City and Sub
urban railway first mortgage per cent. -
bid, s. asked: Savannah and Atlantic 5 per
cent. indorsed - bid, 40 asked; Electric rail
way first mortgage Is, - bid, - asked. South
cent l06 bid, 107 asked; South Georgia and
Florida second mortgage, 1851 bid. 1867
asked Alabama Midlands, IS bid, 80 asked.
Railroad StockS-Central common, - bid
10 asked; Augusta and savannah per cent.
guaranteed 50 bid. S4J5 asked; Georgia com
mon, las bid 1872 asked; Southwestern
per cent. guaranteed, including or
der for div. nv bid, T2R asked. Central
per cent certificates with order for de-
faulted interest, IS bid, 2712 asked Atlanta
and West Point railroad stock, 50 old, 90
n
certificates 50 bid, 80 asked
Bank Stocks, Etc.-SOuthern Bank of the
state OF Georgia, l6l bid - asked; Mer-
chants National Bank, 90 bid, 93 asked
savannah Bank ana trust Company. l02 bid
l03 asked; National Bank Of savannah 100
bid 132 asked OglethOrpe Savings and Trust
Company, 9S bid, 100 asked Citizens Bank
100 bid l0l asked Chatham Real Estate
and mproyement Company, 5OA bid, 81 asked;
Germania Bank. 1Jl& bid, 1927 asked,
Chatham Bank 46I5 bid, AZ asked Savan-
nah Construction Company "A bid, - asked
Title Guarantee and Loan Company, 757 bid,
- asked.
New York Sept. 5, 4 p. m-Money on call
easy at l per cent The last loan at per
cent. and at the closing was offered at per
cent
Prime mercantile paper, 4844 per cent
Bar silver do%c.
Sterling exchange is steady; bankers
bills az 81 65404 S54 for sixty days and
g. sl4@4 s64 for demand; posted rates
Commercial bills 81 si4@4 slH for sixty
days
Government bonds steady. State bonds dull
Railroad bonds sJrOng.
Silver at the Stock Exchange today was
esq i'd ana $50 ASKED.
New York, Sept 5-The following we're
theopening quotations the Stock Exchange
to-day:
Erie ............ 1917
Chicago and Northwestern .....,........ 1O64
Lake Shore OBSERVATION-DISCLOSURES. 1904
Norfolk and Western preferred ........ 26A
Richmond and West Point Terminal. ~
Western UnlOn.... .....,....... ........ 9l3s
Southern Railway common .............. 1875
do do preferred ....... g.. ~
New York Sept. 5.--As on yesterday the
stock market continued entirely professional
in its chara tier, with this difference, how
ever that today operators we're inclined TO be
bearish, whtr5as on yesterday the bullish
sentiment was in the ascendant. Al the start
certain railway issues ramon p TO q per cent;
while Sugat Western Union Lake Shore and
Lead advanced as much. 4 he early loss was
soon recovered however, Notwithstanding
forcign and local selling TO realize profit s
The improvement was based partly
on the favorable railroad earn.
ings for the fourth week and
month OF August and the statement from
railroad ofhcials that west bound traifc was
picking up at satisfactory rate. suisse
duently the market drifted into dullness and
as the afternoon wore along small operators
who had purchased yesterday on the theory
that the upward movement in Western
Jnion aud other hull fayorltes would he pur-
sued began TO sell This resulted in a general
decline OF "A TO per cent, Sugar leading.