The morning news., 1894-11-11

Company, SIS bid. 80 asked: Germania
sank, lel bid, l02ls asked: Chatham
Bank. fSia bid, 49ia asked: Savannah Con-
struction Company, "a bid. 70 asked: Title
asked
Lyndon, Nov. lo-Bar silver was quoted
New York. Nov 1O.-Money on call. easy
AZ per cent. Prime mercantile paper,
81 S -, per cent Sterling exchange. weak,
Win actual business in bankers bills at
SLsop 4.S6l3 for 90 days, and 81 S62t "a ST 4
Tor demand. Posted rates, AS74ASS Com
merclal bills $i.S5U4S5ia Bar silver 645sc
GoNeTnment bonOs. easier; state bonds
duh; railroad bonds, active, strong.
New York, Nov l0.-The treasury bal
ances were as follows-Coin, $i5,SlLo0J,
New York. Nov. l0-The weekly state
ment Of the associated banks shows the
following changes:
Reserve, decrease ...................St5 81 5S4, ,6g5
Loans, decrease .................... ]. .IO7. 800
specie decrease ........--.......... $500
Legal tenders. decrease ............ 2,lSS.30O
Deposits, decrease ................... Z, ,92S 700
Circulation. decrease .............. $40 800
The banks now hold S6l $50, $50 in excess
OF the requirements Of the 25 per cent.
New York. Nov. 1o.-The following were
the opening quotations at the Stock EN-
change to-day:
Chicago and Northwestern .......... 19l
Lake shore ..............,...... ............ lSS
Norfolk and Western preferrcd.... q
Richmond and West Point Terminal. 172i
Western Union .......................... Ssa
Southern Railway, common. ........... l2s
southern Railway, preferred ......... 40ie
New York Nov. l0--'rhe stock market
was active and higher again to-day The
trading in stocks for the two hours OF
business amounting to 1886 shares, while
the transactions in bonds aggregated ST.
$4,000. Prices were higher all through
the list, the beliet that the administration
had arranged for a bond issue with the
syndlcates that placed the last loan ot
$24mJ,Oo0 having stimulated purchases.
While nothing officially Is known about
the matter the street firmly believes that,
Notwithstanding denials from Washing
ton, an issue Is inevitable and that on
Monday e definite proposition will be
made to local capitalists. European firms
announced to-day that they were in the
market for the bends which guarantees
the success of the loan before it's public
ouering. 1t should be stated. however,
that there was a disposition to doubt the
news or an increase and to charge 1t to
speculative sources. The authority for
the statement that there will be a bond
issue is the president of one of the great
est trust companies identified with the
specuiatlVe interests OF Wall street: Al
though of different Political faith, he
was the first to come to the support of the
administration when the success of the
last bond issue was hanging in the bal
ance. He states that assurances have
been given the administrator that all the
bonds which are not taken by the puslic
subscription will be taken hy the former
syndicate, backing its faith In the belief of
bond issue which is interpreted as uean-
ing a cessati ten of gold exports, and a
settlement of the currency question for
time at least, Wall street traders in
creased their lines Of stscks and the buy
ing led to rise OF Il to per cent. the
Improvement being most marked in the
Industriais, Gransers, Lake Shore, the
Soutnwesterns, Louisville and Nashville
Union Pacific, Northern Pacific preferred
and Western Union. The market closed
strong and on the advance The reduc-
ton in the rates of exchange of half
cent in posted and actual rates, has ex-
gains Of i4n3 per cent. fhe bond market
was strong and unusually active. The
sales OF listed stocks aggregated $4,000
shares; unlisted. $4,000 shares.
The quotations at the closing were as
follows: American Cotton oil, 2S7s; do
preferred, 16l2qi; Sugar Refinery, 93B
90 preferred, 9lI2. American Tobacco, 1908 ;
90 preferred, lOS' Atchison. T. and S. F..
ops; Baltimore and Ohio, 6S19; Canada Pa
clhc' b2l4; Chesapeake and Ohio, 1885; Chi
cago and Alton, 142; Chicago, Burlington
and Quincy. 1914; Chicago Gas, III Del,
Lack. and Western, 1914; Dis and Cat.
Feed, iO4; East Tennessee, Il: do pre-
Ed. Gen Electric. 373s; Illinois Central
92l2, Lake Erie and w. IS; do preferred
70; Lake Shore; 1885, Louisville and Nash
vile, 56l2: Louisville and n. A, z; Man
haitian, 1o7; Memphis and Char 10; Michi-
gan Central, 991s Missouri Pacific S0ss ;
Mobile and Ohio, 10; Nash, c. and St L..
n. J. Central, $685.; N y. Central, 1907: 4.
Y. and y. 2, 3215 Norf. and West. pre-
terred, %; Northern Pacific, AZ; do pre-
ferred, 1914; Northwestern. 104; do pre-
ferred, AS; Pacific Mail 233s; Reading.
1874; Richmond Terminal, 179i Rock
Island, 652s; st. Paul G37s; do preferred,
1201a; Silver Certificates, 6iA: Tenn Coal
and Iron, l6h do preferred, 20; Texas Pa
clfic, lQ@; Union Pacific, 1874; Wabash, S.
J.. and P, 4 do preferred, IS; Western
Union. s9A Wheeling and l.. f., ~ do
preferred, 40i5; Southern Ry. 5s, So; do
common. 12A; do preferred, 40la.
State BondS-Alabama A. 1O2b; do 3
10G; do c, 92aG93; Louisiana stamped 4s
100; North Carolina 4s. 80; North Carolina
new set IS, 1914 Virginia 6s. preferred,
81; Virginia Trust Receipts, ~; Virginia
Funding Department 59
Government Bonds-United States A.
registered, 115h; United States As, coupons.
1854; United States Is, registered, 96 bid