The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-05-02
FINANCIAL.

London, May l, p. m.-Paris advices
quote per cent. rentes 1O2 francs for the
New York, May Money on call was
easy at 1G2 per cent; the last loan was at
1la per cent, and at the closing was Of
fered at 11aG2 per cent.
Prime mercantile paper 4Q415 per cent.
Bar silver, 66isc.
Mexican dollars, 521ac.
Sterling exchange easier with actual
business in bankers bills at &;SSA for
sixty days. and S4.S9l4 for demand.
Posted rates, $4.SS15n490
Commercial bills, S4S7G4.S7%.
Government bonds were firm; state
bonds were steady; railroad bonds were
strong.
New York, May 1.-The treasury bal
ances were as follows: Coin, $SS, l26OOO;
currency S5SO47, 900.
New York, May 1. noon.-Er!e, liz;
Northwestern, 96: do preferred, l4O; Lake
Shore, 14S; Norfolk and Western pre-
ferred 151a; Western Union, SS5s; Southern
preferred S6A; American Sugar 11O%;
Baltimore and Ohio, So; Canada Southern,
50; st. Paul, 81; Rock Island, 60; Delaware
and Hudson, ~; Delaware Lackawanna
and Western. 1883; Manhattan, 117s4 Michi-
gan Central. 100; New York Central, 9S.
New York, May 1.-The transactions
al the Stock Exchange to-day aggregated
265, 533 shares, of which 174754 were in the
lndustrials 1t will be seen that the In
dustrialS almost completely monopoliZed
speculative attention. Sugar was lead
actions of s. 600 shares. The buying of
the stock was based on the advance
of &c per pound in all grades Of refined
except graduated, which was put up
l-16c. Leather followed next in point of
advance; the common rising to 22l2 and
the preferred to $685. on intimations OF
a further advance in hides Chicago Gas
Lead, and General Electric were all
slightly higher. Cordage securities i'm
being made to form a company to handle
the raw material for all Cordage manu-
featuring companies. The railway group
was attacked early in the day, and the
Grangers, at one time, sold below yes
terday's lowest figures. The decline,
however, was unimportant, and in last
was not only recovered, but the leading
issues sold above last nights closing.
The great strength of Sugar completely
upset the calculations of the bears, and at
the end of the day shorts were anxious
buyers. Speculation closed strong, with
an advancing tendency compared with
nent stocks showing gains Of is41s per
cent Sugar gained 29s, Rubber !, and the
preferred IA per cent. on the day. Bond
market active and strong.
New York Stock List-Closing Bids
Stocks and Bonds-American Cotton Oil,
"a; do preferred, IS; Sugar Refinery, l12A
40 preferred 99I5; American Tobacco, 1881
do preferred los; Atchison, T. and S. F.,
5ss. Baltimore and Ohio, 81 Canada Pa
ciic, AZ; Chesapeake and Ohio 1888; Chi
ana Quincy. 741k; Chicago Gas, "a; Del,
Lack, and western, 1897 Dis. Cat. Feed
10; Erie, 1134; do preferred, ga Edison
General Electric. S3%; Illinois Central
ferred 7694; Lake Shore 1927; Louisville
and Nashville, 561s; Louis. and n. A.. ~;
Manhattan us; Memphis and Charleston,
10: Michigan Central, 99l5; Missouri Pa
cific. 25a[ Mobile and Ohio, 1914; Nash. c.
and St. L., 70; Z. s. Cordage, 6zs do pre-
ferred 1913 n. J. Central. 50; n Y. Cen
trail 9S1k n. Y. and N. E., 3S3s; Norfolk
ana Western preferred. 15z4; Northern Pa
cifc, AS; do preferred, A7s; Northwestern
961k; do preferred, 140: Pacific Mail, 23ls
Reading 16ts; Rock Island. 6634; st. Paul.
62s4 do preferred. III; Silver Certificates
6e14 Tenn. Coal and Iron. 2l3s; do do pre-
ferred, 80; Texas Pacific, 10A Union Pa
cific, 1913; Wabash, st. L. and p, SIS; do
do preferred, 161s; Western Union, $50;
Wheeling and L. E., l29i do do preferred,
z3; Southern Railway IS. 90; Southern Rail-
way, common, 1875; Southern Railway pre-
ferred, 36l5; South Carolina 4zs, l01M.
State Bonds-Alabama A. l09 asked; do