The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-03-16

Factory Bonds-Augusta Factory 6s 102
DID, lO5 asked; Sibley Factory 6s, 100 bid
LUZ asked Enterprise Factory 6s, lO2l1 bid,
lO5l2 asked; Eagle and Phoenix Manufac-
turing company per cent. bonds, rs
bid, 50 asked.
Factory Stocks-Savvan nah Cotton Fac
tory 90 bid. 20 asked; Eagle and Phoenix
Manufacturing Company, % asked. Au-
g!nSsta Factory, q bid, q asked; Granite
Factory 100 bid, l0l asked; Enterprise
Factory, common, 90 bid. IS asked; J. r.
King Manufacturing Company, 80 bid, 1Ol
asked sibiey Manufacturing Company.
London, March 15.-Bar silver was quot
ed at 2SIsd.
New York, March 15.-Money on call
was easy at llsq2 per cent; the last loan
was a ~ per cent, and at the closing
was offered at ~ per cent. Prime mer-
camille paper. 4i4n5 per cent. Bar silver.
6l%c. Sterling Exchange firm, with ac,
tual business IN bankers bills at sS for
% days and AS9h44 S914 for demand;
bills, $lS6AQAS71a. Government bonds
firm; state bonds were dull railroad
bonds were strong. Silver at the board
sod at 600 ounces changing hands.
New York, March 15.-The treasury bal
ances were as follows: Coin, $Ss, 29O, 600 I:
New York, March Is. noon.-Erle. SIS;
Northwestern,. S9lz; do preferred, 49,
Lake Shore, S5h; Norfolk and Western
preferred, 1l% Western Union, s8k
southern Railway common, 10; do pre-
tlmore and Ohio. 53h; Canada Southern
~; ST PAU, 55l2; Rock Island, 62lk: Del
a ISeEs wanna ana HUDSON aD6 No. l2S% Delaware
tan, lg7%; Michigan Central. 91h; New
York Central, 1874.
New York, March 15.-Speculation at the
stock Exchange was irregular until the
last hour of business which a weaker
feeling prevailed. At the opening the rail
way list was strong and showed an adj
Vanc'ng tendency. The Anthracite Coalars
We're the features at this time, Jersey
central rising ia to 909s; Delaware aud
Hudson, IA to l27 and Susquehanna and
western preferred, Y to 1855 Reading, *
to 3, and the other prominent railway
stocks anywhere from "A to ! per cent.
There was good buying Of New York and
New England, New York Central and the
Changers. The last named were not in
fuenced by the reduction in the St Paul
dividend; in fact, the action of the direc-
tors was considered iconiserVative and
likely TO rebound to the credit of the com
pany. Later on when the directors of the
New York Central also reduced their
dividend to / per cent for the quarter the
stock. which had previously sold down
to giA. rallied TO IS. The reduction was not
a disappointment, but the statement for
felt of nearly 100000 after the deciara-
ton of only per cent. against deficit of
S255,7OO for the corresponding period I'm 1894.
For the March quarter Of tho current
year the cOmpany's earnings were equal to
81 per cent. against 90 last year. while the
operating expenses ran up from 64.55 to
69A2. The statement led to liquidations,
and the stock declined to 1924 eX-dividend.
The selling of the stock exerted an unfa-
VOrable influence on the general list I'M
der decline of "a to ia per cent. fol-
lowed, Jersey Central and General Elec-
trio leading with sales down to 1874 and
2SA, respectively. Sugar opened at 1914,
declined to 9s1, rose to 1904. and settled
back to 96BM983s. Tobacco dropped to
9009OA, the further adjournment of the
annual meeting exciting distrust The
comparative weakness of sugar was due
to cable adVices that the Reichstag will
adopt measures inimical to American re-
fners. Action is expected on Saturday.
The market closed rather weak, except
for New England. which left off at 343s.
the highest price reached for a long time.
The stock was purchased to-day on ru-
mors of closer alliance with the Penn
syiYania and on the revival Of the old
stories about the acquisition Of New York
city terminals. Both reports were pro-
nounced untrue by local officials. Net
changes show losses Of 4 to IA per cent.
New England gained Ia per cent. The
railway and miscellaneous bonds con-
tinue active and strong. The sales of
listed stocks aggregated $4,000 shares and
of unlisted stocks, 1900 shares.
New York Stock List, Closing Bids,
Stocks and Bonds - american Cot
6sila7O; Sugar Refinery, 9sA do preferred.
105; Atchison. Topeka and sante Fe. sN;
Baltimore and Ohio, 52lh; Canada Pacific.
81; Chesapeake and Ohio, 1873; Chicago
and Alton, l47; Chicago, Burlington and
Quincy, 70A Chicago Gas, 7O7s; Della
ware, Lackawanna and Western, 1883; Dis
tillers and Cattle Feeders, 12 Erie, 8; do
preferred, 1871; Edison General Electric,
29ik; Illinois Central 831a; Lake Erie and
Shore 1857; Louis Nashville, 47as; Louis
VILE and n. A., 6lz; Manhattan, 107 FIX.
Div; Memphis and Charleston, 10; Mich
igan Central, 81; Missouri Pacific. 2O1s;