The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-11-21
T. F. JOHNSON,

Prime mercantile paper, 5G7Is per cent.
Bar silver, 67c.
Sterling exchange is easier. with actual
business in bankers bills at $4SIs4Q4SS for
Sixty days, and S4.SSlsQ4 Syi2 for demand.
Posted rates, &.SS1slI4.9 80
Commercial bills ST. S6lsd4S7I4
Government bonds quiet; state bonds
dull; railroad bonds firm.
Silver at the board was neglected.
The treasury balances We're as follows:
Com SS5.SGOl; currency, S9S. l13, 6jl.
New York, Nov. 20.-NOon-Erie, 9Ss;
Northws,e7stern lo5ls; do preferred Ia;
Lake Shore, Jas; Norfolk and Western
preferred, II; Western Union, SIS, South
ern Railway common, l0la: Southern
Railway preferred, S424 American Sugar.
Southern, 54I4; st Paul, 74i4; Rock ISL
and, l51s; Delaware and Hudson, l2S5s;
Delaware. Lackawanna and Western, 100;
Manhattan, 9Sis; Michigan Central, IS;
New York Central, 1874.
New Ork, Nov. Alt was generally in
stock circles that formal agreement of
Trunk line representatives to maintain
rates and the sound money speech by Sec
rotary Carlisle at the chamber of COM
merce dinner would have a good effect on
prices this morning, but these favorable
factors were offset by renewed foreign IL
quotation. The sales for London and Pa
ris account, about 1000 shares in the ag-
gregate, were all taken and after slight
dip the list improved. In addition to these
liquidationS the sum of Sl,00.000 gold was
Withdrawn from the sub-treasury, and il
was common report that at least Sl,JVJ,OlJ
more will be forwarded on Saturday This
also operated against the market in a mild
way. Near midday a moderate selling
movement in the low priced issues set in.
Northern Pacific preferred, southern
Railway, Chesapeake and Ohio, Oregon
Improvement, AtChisOn and Denver, Read
ing, preferred, Long Island Traction,
Kansas and Texas, Union Pacific were
particularly weak. Northern Pacific pre-
ferred on dealings of ] 500 shares fell to
llia, and later rallied TO 1914. The weakness
OF the stock is due to fears Of heavy as
sessment. Southern Railway receded 9sU3i
per cent, to 1912 and 3il4 respectively on
vague rumOrs that legislation adverse to
the treasury statement would be expected.
Changers were in the main firm and clos
ed higher except for Burlington and
Quincy which lost i per cent. This stock
was heavily sold by a prominent trading
concern but the declaration of the regular
dividend and statements that tlls COM
panys earnings were increasing at the
rate of $4,000 per day brought m new buy
ers and the selling referred to, some $50
shares had no perceptible effect The
Gould stocks were frmer Manhattan ris-
ing to 100 and Western Union to SSSs. The
last named was scarce for delivery and
lent at l-32 per diem. The lndustrials were
erratic, but left off firm. Leather preferred
was sold down to 6Sla on the unfaYorable
trade conditions. Tobacco preferred sold a
1904 against 1912 last reported transac-
ton. In the afternoon a prominent stock
brokerage firm bid up the market, which
is heavily oversold on the shorts and re-
covery of k0lHs per cent. followed. The
closing was firm in tone Net changes show
advances Of 40l4 per cent, Western I'm
ion leading, Norfolk and Western, PREFER
ed lost ~ and Southern preferred, "a per
cent. Sales were 228,775 shares. In the in
active issues Laclede Gas preferred, rose
3 to 8 per cent, and Oregon improvement
dropped to AZ. Bonds were higher. The
sales footed up $1.37S,0O0.
New York Stock List-Closing Bids
Stocks and Bonds-American Cotton Oil,
10; do preferred, 81; Sugar Refinery, 1905;
do preferred, 97$i American Tobacco,
S55s; do preferred. 10l12; Atchison, T. and
T. ? swg4, Il - TFfara do
Pacific, IS; Chesapeake and Ohio, 1885;
Chicago and Alton, 100; Chicago b. and
O. S55s: Chicago Gas, 6is4; Delaware,
Lackawanna and Western, 1856; Distillera
and Cattle Feeders, 1879; Erie, 93s; do pre-
ferred, ~; Edison General Electric, 81
Illinois Central, 9612 Lake Erie and West
1i9A Louisville and Nashville, 52A; Louis
vile and n. A, 94; Manhattan, 1915
Memphis and Charleston, Is; Michigan
Central SO; Missouri Pacific, 30; Mobile
and Ohio, 10; Nashville, Chattanooga and
St Louis, 70; United States Cordage. q;
do preferred, 1874; New Jersey Central,
and New England, -; Norfolk and West
ern, preferred, 1914; Northern Pacific, A. I;
do preferred, lbs; Northwestern, 1055s;
do preferred, 147; Pacific Mail, 305s; Read
ing, 1915 Rock Island, 1914; st. Paul, 747s
do preferred. 127; Silver Certificates, 674 ;
Tennessee Coal and Iron, 321s: do pre-
ferred. 50; Texas Pacific, 81; Union Pa
cifc, SCI Wabash, St. L. and p, Z; do
preferred, 10; Western Union, SS9s; Wheel
ing and /. e., 1885, do preferred, 40% ;
Southern Railway IS, 96; Southern Rail-
way, common, 102s; Southern Railway,
preferred, 349s.
State Bonds-Alabama A. 1O9lA: Alaba-
ma b, lO91a Alabama c, 100; Louisiana
stamped As 1OO North Carolina As, los !;
North Carolina IS, 124: Tennessee, new
set IS, SO asked; Virginia 6s, preferred
6; Virginia Trust Receipts. s; Virginia
Funding Debt, 62; South Carolina 415s
10S.
Government Bonds-United States Is.
registered 111la; United States As, cou-
81,