The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-11-10

! Factory Stocks-Savannah Cotton Fac
I tory, O. bid, s. asked; Eagle and Phoenix
/ Nan utactnring Company. 2 bid, p asked;
I augusta FACTORY. "a bid, rs asked; Gran
I lteFllle FACTORY, l5s bid, 150 asked; Langley
FACTORY, JOG bid, los asked; Enterpris e
| Factory, common, So bid, 100 asked; J. p.
! kinS Manufacturing Company. l0G bid, Jos
asked; Sibley Manufa turing Company
IS bid, 50 asked; Savannah Brewing Com
pany, - bid, 81 asked.
New York Nov. 9-Nonev on. call was
at lieqZ per cent; prime mercantile pa
Per, 30oi2 per cent Sterling exchange,
st5Ions- with actual business in bankers
DIS az sf.SlA q ass for sixty days and
St,os.+ 44Si2 demand. Posted rates. S4SsrS
0+;sV commercial bills, $4S634 4AS7ia.
nar silver 6lssc. GoSernment bonds
We're steady: state bonds were dull; rail-
ROAD bonds, lower. Silver at the board
New York, Nov 9-The treasury bal
a aie, We're az follows: Coin, $500, 4i6;
New York, Nov. s.-The weekly state
meht or the Associated Banks shows the
Following changes: Reserve, increase,
1860, 600; loans. decrease. s476S. 500: specie,
increase, 2l050o; legal tenders, increase,
$i9,39V; deposits, decrease, Sl926,6y0; cir
euiation, decrease, $S9, 800. The banks now
mold SlS260,050 in excess Of the % per
cent. legal requirements.
New York, Nov 9.-The New York
Finaucier saws this week: The statement
OF the associated banks of New York for
the week ending Nov. 9, in no wise re-
Meets the usual conditions prevailing
Auilus the SIX Gays covered, DUl IL does
snow the narroWness Of the present mar
ket Tor funds. According to the tabu-
lated statements, the banks gained SllSi,-
Ogu in cash. of which S210.500 was specie,
and S573.501 legal tenders. The fact Of
the matter is that the banks lost enough
money thrflgh the Interior movement TO
have partially offset this increase. There
Is nothing IN the present situation, now
ever, that assures a continuance OF large
shipments indefinitely. The demand for
currency is not centralized in any sec
4e Hh.f.ss ina
west viii probably need money soon, but
to what extent is uncertain. The ship
ments for the past week have. been rath-
er local in character and the receipts
have been from nearby cities
The heavy liquidation Of the week II
seen in the unusually large contraction
Of S4,16S,600 In loans Not since May Is
last. have the total loans been as low as
reported last week, and the contraction
from the high water mark OF SJzZ by6,oVO
reached on Sept. IA. is about $2lWQWl
II was at the first of the year. rms
heavy contraction in the loan column,
which has amounted 10 $l5,WOVO since
oct. I, reflects the present CONDITION OF
the market very accurately.
Deposits fell OFF 81, 926610. and now stand
at $527 935.s00 a decrease Of almost S49,-
0g0.001 in two months.
The money market during the week ex>
hibited signs of a falling off In strength,
but loans were generally maintained at
about 2 per cent On the other hand, me
exchange market, as a result OF logical
conclusions which have been foreseen
for some time, developed considerable
strength and the announcement Satur-
dav that gold exports were 10 be made
within the next four days, created no sur
prise. -
strengthen the money market WITHIN q
few weeks but it is predicting too much
TO say that they present signs OF such a
contingency. A period OF later rates Is
MI TIE + ayerages show the following, COM
pared with the last two years; :, ,oa
Nov. g. '95 Nov TO- W NoVll, W
Loans si95 92S 200 1889 7l4,70l s402 9S5 goo
Specie 49,. G,41930O SS,6l5 l9g9 gSS 935 wv
T.egal te'd'rs Sc, s247OO 116,036'60O q llS's09
Net depsts sS5S09 592 KY 49, 5s 9ysS 9
Circulation 14363,300 n,2OL6N l49So'990V
Total res've 15i.24,0O0 2o9,7lS,7os l7l'6S'1O0
E aaired re- 1n 1850 1iS,Ol4O5O llssa4's75
h- 2eserye 1s.2GoO5O 81 ,669.65o 57s2S,7725
New York, Nov, g., noons-Erle' 10, MtS:
Northwestern, l0is; DO preIssrTySTG s te ai9
Lake shore 1873; Norfolk ana %, Ws sn,stb
nreferred. II; Western Union, S91s, Soutn-
ern Railway, common, na4 southern , RAJ
way. preferred, SFs; American C ousaiI,
So1ifbern 53ib: st. Paul, 1885; Rock island
737s; Delaware and Hudson, ~; DeiS-
ware Lackawanna and Western; l9-
Manhattan, lOStsi q, M oe,1 Oe'''''' 10
N Se,v i9 YORK Nov. s.1Stocks opened de-
messed on further lquidauons TOT Ior-
eign account and lower cares ron ~ ~.
don. The situation abroad does not ms
prove and the indications point 10 lalIuIes
of stock firms in London ana farls, 9Wlls
to the heavy shrinkage IN haIllrs aln ~ ~
er securities there. The early uecHhc IN
nrices here was equal TO l2QlA per cent
Lake Shore and Louisville ana NashNllle
were particularly weaks Home operators
however, We're not dismayed py Jhe uoie-
ful news from abroad, and there was puy-
/ ing to cover short contracts right through
/ the list An Improvement OF Aql4 per
cent followed In this rise, Sugar To-
hacco Tennessee Coal and iron, Inc
/ Changers, Leather preferred, Northern
4 Pacific preferred and Reading We're all
/ prominent Sugar rose to IVA, Jersey Cen
/ tral TO l041s Tobacco to 80, Chicago Gas
/ TO 657s Rock Island TO "A, Leather pre-
ferred to 6S2s ST. Paul to 1874, Northern
/ Pacific preferred to 16, Tennessee Coal
( 10 3Si, and Reading TO 12ls. Near the close
/ the rising tendency was checked by reports
/ that ARRANGEMENTS had been made 10 snip
/ 81 O00000 gold by Wednesday European
/ Steamers on this report prices yielded
4 u 10 q, per cent, out side of Sugar ana
/ Leather preferred, which fell per cent.
! each. In the inactive issues, Canada Pa
cifc brought 53A, against a0le, the lasl
previously reported sale. Speculation
/ closed rather weak in tone. Net changes
] show losses Of 1sdtlA per cent, 81. Paul
] Western Union, Tennessee Coal and iron
I and Leather preferred, however gained
/ i.Gas per cent. on the day Bonds were
/ lower The transactions footed up $780,
! 600 The sales Of listed stocks aggregated
4 105.2 Pa shares, and OF UNLISTED STOCKS 70
/ 26S shares.
/ stocks and Bonds-American Cotton On
+ 20. 40 preferred. Gsi2; Sugar Refinery, 99l4
4 do Dreferred 90. American Tobacco, Sta
/ 40 preferred l04: Atchison. Topeka ana
/ santa Fe 16. Baltimore and Ohio 54ls;
1 Canada Pacific SO; Chesapeake and Ohio
i le. Chicago and Alton. 100; Chicago, Bur
/ ljngton and Quincy. So; Chicago Gas, SIS
/ Delaware. Lackawanna and Western, 1867;
Distnling Cattle Feeding. 20ls; Erie, 10;
/ 40 preferred. 22i5; Edison General Electric
/ 3nis: Illinois Central. IS; Lake Erie and
. Western. 2l2s: do preferred, "A; Lake
/ shore. 1i72a: Louisville and Nashville, 81;
/ louisville and New Albany, 9is; Manhat-
tan. 1857: Memphis and Charleston. 1-
! asked; Michigan Central. 97l4; Missouri
Z Pacific 292s Mobile and Ohio. 1915: Nash
+ vile. Chattanooga and St. Louis, 20: Unit
eli states Cordage, I; do preferred, 1915
| New Jersey Central, 1859; New YORK
/ Central. g9A: New York and New Ems
laid. 40 Norfolk and Western preferre-
IL; Northern Pacific. AZ; DO preferred
| i57l. Northwestern, 1873 do preferred
ii6: Pacific Mail. q; Reading, y; Rock
| island. 1875: St Paul 1885; do preferrel
1854: Silver Certificates, 67A; Tennessee
I Coal and Iron. 323s do do preferred 103
Texas Pacific. So Union Pacific, 9ia Wa
bash ST Louis and Pacific. ~; do dc
preferred. 1855, Western Union. Sqls
! Wheeling and Lake Erie, 1895: do pre-.
3 Dol d.