The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-06-01

isiature had passed a bill satisfactory 10
the reorganization committee while Ten
nessee Coal ana Iron improved on the fur
lner rise IN southern pig iron The An
thracite COalers were strong except for
Susquehanna and Western preferred.
which dropped from s2i, 10 2StrGS0. The de-
cilne was due TO an unfounded rumOr that
the interest due on the Wilkesbarre and
Eastern bonds would not be- paid. Among
the trunk lines. Erie was heavy and fell
10 luis- The belief is now quite general
that the stockholders will be heavily as
sessed under the proposed reorganization
plan. IN order 10 hguidate the floating
debt, as well as 20 provide capital for Inn
proNsments. Manhattan was again heavy
the denial by "a prominent director OF the
story that the dividend on the stock would
De reduced having failed TO check the sell
ms. The stock declined TO li2ss and later
recovered To ia In the Industrials the
special feature was the strength Of Rub
Der; Cordage. Distillers. Chicago Gas Gen
eral Electric and Sugar. Rubber rose 2as
70 h'sftibie. Distillers ] To pa, General
Electric IS 10 Sos. ChicagO Gas = To an, /:
sugar. rs 10 llSis. and Cordage preferred
rs 70 tNWts- Rubber was bought for the
pool ana New England account General
Electric was higher on rumors from Bos-
Ton that negotiations with the Westing
mousse people will be resumed and ChiCago
Gas moved up on favorable advices from
Springfield in the matter Of the consolda-
ton bill. Speculation closed firm and =
10 : per cent. higher for the usually active
stocks Erie lost lai per cent. on the day.
The lniustrials gained ssdl5, per cent:
Pacific Mail . and Mobile and Ohio 81. per
cent. net The bond market was higher.
sales were S2,l37,000.
New York Stock disclosing bids-stocks
ana hondS-Amcrican Cotton oil p; do pre-
lerled, "a. Sugar Refinery, HIS; do pre-
ferred, 100; American Tobacco. 1l5i.. do
preferred. ll2, Atchison. r. and s. T.. "a, /:
Baltimore and Ohio. g. Canada Pacific.
a-l Chesapeake and Ohio. 22ia. Chicago
and Alton, l10; Chicago. b. and @, 81; Chi
cago Gas. AS Delaware, Lackawanna
and Western l60ia; Dstilers, Cattle Feed
crs, PTS; Erie. 10; do preferred. ~, Edison
General Electric. 30. Illinois Central Sc:
Lake Erie and Western. p; do preferred.
-; Lake shore, LAG; Louis. and Nash. 5S4;
tam uGn's ii and Memphis A s sj M Nb51lst
ton, 10 asked; Michigan Central
gas: Missouri Pacific. 2Si.; Mobile and Ohio
2bia; Nash. g. and st. L., g.; United States
Cordage, Is, do preferred, z n. J. Central.
lois; n. y. Central 1918 n Y. and n. r..
as; Nortolk aud Western, preferred, l52s.
Northern Pacific. SIS; do preferred. 1915;
Northwestern. 9S3s do preferred li4ta: Pa
citc Mail, 29as Reading. 1885: Rock Island,
6S's; st. Paul. Sos do preferred. 120h, Sill
Yer Certificates, SIS; Tennessee. Coal and
ciiic. l2ia; Union Pacific. l4i4; Wabash 81.
l.. and F., 9is; do do preferred, 1875; West
ern Union, s2iI Wheeling and l.. r., 1875:
do do preferred, Az, Southern Railway 5s
95ss; Southern Railway. common. 1855;
southern Railway, preferred, S93s; South
state Bonds-Alabama A. 1O7i2: do y. lO7.
do &, 20; Louisiana stamped As. 100; North
Carolina As. 102: North Carolina SIS, 124;
Tennessee new set, 3s, 81. Virginia 6's, pre-
ferred, 81; Virginia Trust Receipts, 6h;
Virginia Funding Debt, COZ.
Government Bonds--United States 49,
registered, HIS; United States As, cou-
pons, ll3, United States rs, registered, "a.