The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-06-18
FINANCIAL.


New York, June l7.-AIoney on call was
easy at per cent; the last loan was at /
per cent, and al the closing was offered
az per cent. Prime mercantile paper, ga
S12 per cent
Bar silver. 65ssc
sterling exchange. strong with actual
business SLSSl4 diSSia for sixty days and
St;SSSi 4SJ12 for demand; posted rates, Si-S9
Wf.0- Commercial bills SiS1iauAS8.
Government bonds, hrm: state bonds
were quiet; railroad bonds were strong.
SILVER at the board was dull.
New York. June 1.-THE treasury bal
ahces were as follows: Coin, S65, 43i, 700,
currency, S93, ass 900.
New YORK. June II. noon.-Erie. 1O9t;
Northwestern, lC0Is; Northwestern pre-
ferred, Ia; Lake Shore ISL; Norfolk and
Western preferred, II; Western Union,
"a southern Railway common, l4@s;
southern Railway preferred. q; American
sugar, llSls; Baltimore and Ohio, 6Si5;
Canada Southern, 56 St. Paul SOS; ROck
Island, ~; Delaware and Hudson. 129is;
Delaware, Lackawanna and Western, 1921 I;
Manhattan, ia; Michigan Central, l03ls;
New York Central 10l
New YORK. June T7.-The bulls on stocks
mad very little TO complain of to-day, the
enc. with the transactions better dlstribut-
ca than for month. The total sales were
SOl, 1870 shares, and Missouri Pacific, which
was the most active stock on the list,
Inquired for only 2C00 shares. Tennessee
Coal and Iron came next IN point Of activ-
lty, 500 shares changing hands while
st. Paul, Sugar and Chicago Gas were
traded in 10 the extent of l1,19l, 1857, 49,
1O2 respectively. The sentiment was de-
cidedly bullish, purchases of stocks having
been stimulated by the excellent cfop out
look; the decline in the price of wheat;
further advance in southern pigiiren, and
the improved prospects for a splendid iron
and steel business during the remainder OF
the year. The advances in wages by manu-
facturers reported from day to day, is also
having beneficial effect on the railway
and miscellaneous list. Missouri Pacific,
as noted, was quite feature, the stock
rising 10 81, gain of "a per cent for the
day. The buying was based on states
ment that the refunding OF the hoatinga
debt will add materially to the value of
the stock. All the southwestern issues were
higher on the belief that harvest in that
section of the country traYersed by these
lines will be a bountiful one. The Changers,
Nanderbllts, Louisville and Nashville, Pa
cinc Mail and Manhattan, Minnesota and
St. Louis and Southern railway were all
in request at higher range. The Antnra-
cite Coalers were heavy at one time anu
broke lsW34 per cent, but subsequently
recovered most of the loss. The weakness
was the result of reports that some OF
the companies had resumed mining oper-
atoms on full time. Some of the big com
panies were accused of selling coal at
western points at ruinously low rates.
Tennessee Coal and Iron, however was
buOyant and sold UP to 3S145f12 on the lur-
Their advance in southern pig iron of 80
cents per ton, making the total advance
since April l, S.15 per ton. The ADJOURN
nent OF the llllllOlS lcBtSidAult was given
as the reason for the jump in Pullman
Palace from 1872 to 179d176. The Indus
trials were not as active as usual. Lead.
Sugar and DiStillerS were quiet. chicago
Gas was strengthened by rumors that the
Lowenthal Frontage hill will receive exec
utive sanction, and the stock rose TO 70.
fell from 1923. to 3OG313 The story was that
the decision In the case to be handed
down presently by the Missouri supreme
court will be against the company Sellers
,.Ft No. u cot Ia decision
life of the company's charter The local
market received very little. If any, support
from London. Speculation closed firm,
with prices anywhere from "a TO 2ls per
cent higher on the day. The Anthracite
Coalers and New England lost A4l9s per
cent Ohio Southern brought 59s, against
Is the last reported sale. The bond mar
ket was strong and active, sales being
s., $50 900. The sales of listed stocks to-
day aggregated 276,556 shares, and OF UNI
listed stocks, 24,93i shares.
New York stock disclosing bids-stocls
and bonds-American Cotton Oil, 2Il2; dc
preferred, 70; Sugar Refinery. 1ll3s; DO pre-
ferred, 100; American Tobacco, IA; GO pre-
ferred, 114lS; Atch!son, I. and 5. F., 1925.
Baltimore and Ohio 63l2; Canada Pacihc,
531s; Chesapeake and Ohio, 22B; Chicago
and Alton, 1872; Chicago, b. and O., oo@;
Chicago Gas, 745s; Delaware, Lackawanna
and Western, 1872 Distillers. Cattle Feed
ers 1871; Erie, 1912; do preferred, %; Edison
General Electric, 35Ss; Illinois Central 10;
Lake Erie and Western PAS; do preferred,
z -
vile, 59A Louis. and n. A., 10; Manhattan.
11424; Memphis and Charleston, 10 asked;
Michigan Central 102&; Missouri Pacific,
31%; Mobile and Ohio, Is; Nash, G. and st.
L.. S.; United States Cordage. Ia : do pre-
ferred, 315; N ]. Central, 99l2: N.Y. Cen
trail 1023s N. Y. and N. e, 1875: Norfolk
and Western, preferred, II; Mort hern Pa
cifc. Az; do preferred. 1734 /; Northwestern,
10OA; do preferred, li4ls; Pacific Mail, %;
Reading, 1873: Rock Island, 1874 st. Paul,
60: do preferred, 1913; Silver Certificates,
6G34: Tennessee. Coal and Iron, 973s; do do
preferred, 95; Texas Pacific. 1875; Union Pa
cific, 12s4 Wabash, ST. L. and p, 81: do
do preferred 20; Western Union 1878; Wheel
ing and L. E., 143s: do do preferred, 459s;
Southern Railway IS, 9s7s; Southern Rail-
way, common, 141h; Southern Railway, pre-
ferred. 417s South Carolina AVS, JOY.
State Bonds-Alabama A, l07; do 3, 10Y;
do c, 81; Louisiana stamped As 100; North
Carolina As, 100; North Carolina 6s, 12512;
Tennessee, new set, IS. 81; Virgin a 6's, pre-
ferred, 81; Virginia Trust Receipts, 6; Nir-
ginia Funding Deb, 6llH.
Government Bonds-United States As.
registered. HIS; United States As, cou-
pons, 113; United States rs, registered. 81.
GRAIN, PROVISIONS, ETC.
" VIII T,,ro ~ Flour duII a nd vrea K