The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-06-13
NAVAL STORES STATEMENT.

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NAVAL STORES STATEMENT.
Spirits. Rosin.
Stock on hand April 1..,... 1884 I09.977
Received yesterday. .......... LIP 1908
Received previously .......... 1901 1888
Total ................... >. 86447 2s6,888
Exported to-day 80. ........ l4S2 4593
Exported previously .......... 54,q67 1Ss, $50
Total %. ...... ........ 56.4t0 l9a, 93s
Stock on hand and on ship
board to-day. ......... q. 29q98 93.456
Stock same day last year.. 23s66 100 25S
Receipts same day last year. 1,625 3 800
day last year -. ........... 26Hc
New York, June 12.-Rosin quiet and firm;
strained, common TO good, 81 320Sl 30. Tur-
pentne dull and steady at 3O4G30Ac.
Charleston, June ~ Spirits turpentine
firm at 274c; receipts So. Rosin firm; good
strained 81 90; receipts 293.
Wilmington, n. c., June 12.-Rosin firm;
strained, S7hc; good strained, 924c. Spirits
turpentine quiet but steady at 27hc. Tar
steady at 81 Is, Crude turpentine steady;
hard 81 90; soft 81 70; virgin, q Is.
Financial
Savannah, June 12-Money is easy.
Domestic Exchange-rhe tone OF the mar
ketis steady. Banks are buying at par and
selling at q per cent. premium up to 5000,
and over.
Foreign Observation-Disclosures firm. The fol-
lowing are net Savannah quotations: Sterling
commercial demand. "A -; sixty days,
81 81; ninety days, a 8655 francs. Paris and
Havre. sixty days, 30 ls; Swiss, sixty days,
S. 1914; marks, sixty days, 05B.
SecuritieS-Ihe market is quiet with
small offerings-demand light. Some anxiety
is felt as regards the meeting in New York
OF the Southwestern railroad people.
State Bonds-Georgia AZ per cent. 1918,
1881 bid, lis asked; Georgia per cent. 1896
lO7 bid. 1919 asked; Georgia 81 per cent,
long dates, 98 bid, SO asked
City Bonds-New savannah per cent.
quarterly July coupons 1854 bid, 1854 asked;
new savannah per cent. August coupons,
100 bid 1851 asked
Railroad Bonds-Central Railroad and
Banking Company collateral, gold IS, 81 bid,
So asked; Central consolidated mortgage per
cent. coupons. January and July maturity,
1893. 1l6 bid. III asked; Savannah and West
ern railroad 8 per cent. trust certificates a
bid, As asked; savannah, Americus and
Montgomery per cent 80 hid, 81 asked;
Georgia railroad per cent. 1910. 10s bid, ITO
asked; Georgia Southern and Florida first
mortgage per cent SOh bid, Sl% asked:
Montgomery and Eufaula first mortgage 6
per cent. Endorsed by Central railroad. 81
bid 80 asked; Augusta and Knoxville first
mortgage per cent 81 bid, so asked; Ocean
Steamship per cent, due in 1920, 80 asked;
Columbus and Rome first mortgage bonds,
Endorsed by Central railroad. Al bid, 43
asked; Columbus and Western per
cent. guaranteed, 50 bid, asked
City and Suburban railway first mortgage
and Atlantic 5 per cent. Endorsed. 80
asked; Electric railway first mortgage Is,
81 bid, 65 asked; South Georgia and Florida
first mortgage per cent. 100 asked; South
Georgia and Florida second mortgage, l05
asked Alabama Midlands 80 bid. 80 asked.
Railroad Stocks-Central common, II bid,
10 asked; Augusta and Savannah per cent
guaranteed, 81 bid, So asked; Georgia com
per cent. guaranteed, including or.
der for div. SO bid, bJ1a asked; Central per
cent certificates, with order for defaulted
interest, 20% bid, p asked; Atlanta and
West Point railroad stock. 10 bid, 80 asked;
Atlanta and West Point per cent. certih-
Gates, IS bid, % asked.
Bank Stocks Etc.-Southern Bank of the
State of Georgia. IS! bid, l65 asked; Mer
chants National Bank. 81 bid, ~ asked
Savannah Bank and Trust Company, l0OIa bid,
102 asked; National Bank of Savannah, 1870
Company .l02h bid 1887 asked Citizens Bank
1903 bid 1887 asked; Chatham Real Estate
and improvement Company, 81 bid. 5lh
asked; Germania Bank, lO3 bid, lO4 asked
Savannah Construction Company, rs bid,
81 asked; Title Guarantee and Loan Com
pany, 70 bid, 10 asked.
New York, June 12, 4 p. m.-Money on call
cent and at the closing was offered at l per
cent.
Prime mercantile paper, 81 per cent
Bar silver 6Z9Rc.
sterling exchange is firm. with actual bust
ness in bankers bills at 81 s71s "a s74 for sixty
days and 81 SslaQi sSA for demand; posted
C So2 s,cg bills 81 s3h@4s7 for sixty
days.
Government bonds firm. State bonds dull
Railroad bonds frmer.
Silver at the Stock Exchange to-day was
neglected.
New York, June 12.-The following were
the opening quotations az the Stock Exchange
to-day;
Err e.......: 49,. .........,.. d4A
Chicagoand Northwestern. lOot9
Norfoikand Western preferred ....... gov
Richmondani West Point Terminal. .... liza
Western u nlon,... .--.......-.. ..-'...- eo4
New York. June I2-Ihere was firm
opening to the railway ana miscellaneous
share speculation on the announcement OF
the settlement of the soft coal strike. Most
of the buying, however. was Tor the account
of the shorts who had sold the market yes
tet day on the belief that the reduction in the
New EaVen dividend. would result IN more
or less hauidatlon IN the general list. London
came higher but the foreigners bought lew
stocks or bonds. The early advance was
equal to 1s0% per cent the tfrangers,
Chicago Gas Louisville and nashville,
General Electric. Missouri Pacific and North
ern Pacific preferred, being most prominent
In the afternoon ma y weaNeT noder glte
Selling Of Burlington and Quincy and
st. Paul. The decline in the first named
from 1874 20 76R, was ascribed 70 new Eng
land lQuidations, but shrewd observers
thought the selling could be traced nearer
home. and that il was principally for the
short account. The announcement that the
St + aul and Rock Island had applied 10 ths
stock exchange TO list new bonds was used
AGAINST the CHANGERS. The decline in rail
way stocks, outside Of Burling ton and quincy
was ~ to a per cent In the last houf' the
list improved all around ana left on nrm.
American sugar was the most active STOCK
OF the day ~ zoo shares changing hands. ~;
Paul came next with i4,6Oj. Burlington ana
Quincy figured for 1900, and chicago Gas lot LOT
reached a total Of 5000. sugar as usual was
very erratie IL irst declined "a 70 lV2 3 rose 20
iO5fs and receded 20 and closed at lut5a. Gov
erine OF short contracts audtfnanlpulaiion &C
..n..-t .cnra the nNraLlOns. as MlsllnaLOn