The morning news., 1894-10-28

tsol-Is MeIs Hul4' rtallfOad Donds were
Silver at the board was quoted at sc
New York, Oct. 37-The weekly state
ment Of the associated banks shows the
following changes: Reserve, increase, 81
Sol,Z2si loans, decrease, Sl,079, 500; specie,
decrease, sll,s00; legal tenders, increase,
Sl.S3goyOi deposits, decrease, tf11,7o0; cir
culatton, decrease, sio3, 300. The banks now
hold $63. .S64, 800 in excess OF the require
nlsnts OF the q per cent rule.
New York, Oct. 27.-The treasury bal
anoes were as follows: Coin SIS, ,9S1. 900;
New York, oct. 27.-The following were
tne opening quotations at the Stock Ex
change to-day:
571Lie l2N
chicago and Northwestern. n..............1 .10lA
Norfolk and Western preferred ........ II
t81Sl. tT8S1lchmonq and West Point Terminal. l72s
rcsIeru enlOn,.. ................-....... So Is
southern Railway common............. 1875
Sogthern Railway preferred............ 4l%
New York, Oct. 2T.-London cables came
Lo"er thls morning, but the local market
opened steady, except for Lackawanna,
Wnlch started OFF with a decline OF a per
cent; selling l62. The foreigners sold
small amounts Of St. Paul, Atohison,
Northern Pacific preferred, Louisville and
Nashville Ontario and Western and Erie
aoout $500 shares in all. Speculation in
the general list, however. was soon over
shadoWed by another big drop in the an
thracite coalers, LackaWanna falling 6b
70 loo; New Jersey Central AZ to 9SA, and
stocks, only II, 800 shares changed hands
out the attack was so fierce that prices at
one ume dropped point between sales.
n or the nrst time, the bears succeeded in
bringing out long stock, and now that
they have got some of the more timid bulls
Iriiggihtened ,l,igyi they are making all sorts of
WHO predictions. Some of them were
taking OF repetition of 1876, when the
combination burst wide ODen and there
were were auction sales of coal held in this
city. The decline to-day was accelerated
Dy unfounded rumOrs that certain of the
companies had made a cut of so cents per
te ten over night. Reports were received that
Ihe mines IN the territory traversed by the
Lackawanna and New Jersey Central
were working on full time and that the
DeiaWare dtesty and Hudson mines were all
real real reason for the confidence ex-
hlblted by the bears, as they
argue argue that with the. present overstocked
must follow, in spite of the advance on
Ihe paper ordered by the sales agent last
w week: Reading was decidedly firmer, and
on transactions of 5000 shares, ranged be-
tween 16sz &175s, closing u higher
on the day. In the railway list
sfe s4fsr tinn Northern Pacific attracted more
certcates with the ADAMS &dGIDS PecelgePs
I1Gd, Iion committees. The first mortgages were
ana Nashville on sales of 500 shares fell
- 70 55. Northwest declined 1% to 1918
fnr on oeaanngs Of Z, 400 shares an unusually
!taarse total for this stock. The report that
the Equitable Life Company sold it stock
is denied. Atchison was another weak
Spot Spot and touched Az At the close prom
lnent pear operator was offering jersey
central sellers options about two points
below the market. and runors were curl
rent OF reduction in the dividend. There
was a good borrowing demand and the
Iedalhg STOCKS commanded a small pre-
mum FOR use. Speculation left off barely
STEADY. Net changes show losses of 11k to
per cent in the anthracite coalers. The
general list lost 4 to IA. Total sales were
IS,3so SHARES. The bond market was quite
actlye Ior a half holiday For the second
week or Oct. "a roads earned SS,093 064, a
decrease of 1886, ,316, and 81 roads for the
third week S6,OS1,414, a decrease of $i65. .267
6o0 ne q sazes les OF listed st@oeks @ aggregated 69.
follows:
Railroad Stocks and Bonds, Etc
American Cotton Oil, 2S%: do preferred
75; Sugar Refinery, S6A do preferred. 91Ib:
American Tobacco 80; do preferred, 107:
Ohio, 6S Canada Pacific, 65ls; Chesapeake
ana a;a Ohio. l8B; Chicago and Alton, 1872
SShieago. b. and O.. 72Ni Chicago Gas, 1874
and Cattle Feeders 91a; East TENNESSEE
lQ7s; do preferred II; Erie, 12&; do pre-
ferred 261a; Edison General Electric, $41k
1s1a; do preferred 69ls; Lake shore. i3i
Louisytlle and Nashville, So; Louisville
and y. 4, 7; Manhattan, 105k; Memphis
Missouri Pacific, 27iS: Mobile and Ohio
lSls; Nashville, 6; and st. l., IS; United
States Cor9age, 12% do preferred, q; New
Jersey Central 80; New York Central 9S5b;
N. Y. and N. T., SOA Norfolk and West
ern preferred. p; Northern Pacific, Az;
do preferred. l6l; Northwestern, 1917; DO
preferred. 145; Pacific Mail, 1874; Reading,
l67s; RICHMOND Terminal 173s Rock Is
land, 6o1z st. Paul, 60% do preferred,
1874; silver Certificates, 64A Tennessee
Coal and Iron, 154s; do preferred. 72s
asked Texas Pacific, 10; Union Pacific
l1A; Wabash, S. L. and P, 6A do pre-
ferred, Jay; Western Union, S6% Wheel-
ing and 1. E., l1N do preferred, S9s{
Southern Railway 5s, Ss; do common, 12ib;
do preferred, 41A.
State Bonds-Alabama A, 1d5; do B. lO51b;
do c, 92ia; Louisiana stamped 4s 100:
North Carolina As, 101; do 6s, 124; Tennes-
see olds so; do new set 3s, 70; Virginia SIS
Funding Debt, 5S.
Government Bonds-United States as,
registered. 115ls; do As, coupons. 1855;
Atlanta, Ga, Oct. 27.-The clearings of
the associated banks for the week were