The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-03-03
FINANCIAL.

London, March 2.-Bar silver, 81 s-16d
Consols, 10S- 1915 for money and 1O9 for
account.
New York, March 2-Money on call was
easy at 3d4 per cent; the last loan was at
per cent, and at the closing was offered
at per cent. Prime mercantile paper,
5l9Q6 per cent. Bar silver, 6S1kc. Steriins
exchange firm, with actual business in
bankers .s bills, at si.S619q4S7 for sixty days
and $4.S1s4Q4. SSffor demand. Posted rates,
s4@l5q4.S9. Commercial bills, &.S51aI
Assn. Government bonds easier state
bonds dull; railroad bonds lower. Silver
New York, March 2.-Treasury bal
ances; Coin, 1S,9sS,71; currency, S9,117,-
New York, March 2, noon.-Erie, 15N;
Northwestern, 1881; do preferred, 145;
Lake Shore, 146; Norfolk and Western pre-
ferred, ~; Western Union, S27s; Southern
American o sugar, NJ 40 B Baltimore and and
Ohio 1874 Canada Southern, As; st. Paul,
757s; Rock Island, 71s4; Delaware and Hud-
Western 1609s Manhattan, 1867: Michigan
Central, So; New York Central, 3la.
New York, March 2.-Speculation at the
the receivership for the Baltimore and
Ohio, and by the demonstration yester-
day. in Barcelona against the United
it can be said, however, that the confess
sion of insolvency by the Baltimore and
Ohio had more influence on the market
than anything else that has transpired
during the past forty-eight hours. The
stock dropped nearly 6 points to 161b, and
the bonds of the main line and it's branch
es and leased properties anywhere from
y TO 10 points. Late in the day ii was
announced that Thomas NJ. King, presi-
dent of the Pittsburg and Western rail-
road, had been appointed receiver of the
company This road is one of the most
important leased lines of the Baltimore
and Ohio. The loss in the usually active
stocks was equal to ION per cent In
this decline, Tennessee Coal, Sugar, the
Changers, Western Union, Lead Metro
TNrn aff fI.a T1,EIw
preferred, scored the greatest losses. In
the afternoon session there was a de-
cided change for the better, on Wash
lngton advices that the Spanish govern
ment had taken steps to make amends
to the United States for yesterdays dis
turbance at Barcelona. A recovery of 40
31s per cent, followed, Tennessee Coal,
the Changers, Louisville and Nashville,
Leather preferred, and Western Union,
leading. some OF the prominent issues
ing prices. Near the close, Tobacco,
which sold at so early in the day, dropped
to 773s, and as a result the general list
closed barely steady. Net changes as a
rule, showed gains of 1sq5s per cent. To-
bacco lost 13s, and Baltimore and Ohio
S27, $24 shares, including 800 Sugar; As, 400
st. Paul; 1900 Tobacco; %, 800 Louisville
and Nashville; 1880 Baltimore and Ohio,
and $4,000 Western Union. Bonds were
irregular in tone, but in the main lower
Sales were 81, $4,000.
New York Stock List-Closing Bids
Is; do preferred 611a; Sugar Refinery, 115A
do preferred, 101; American Tobacco TN;
do preferred, 1O1;. Atchison, T., and S. F.,
cific, 1914; Chesapeake and Ohio. 1624 Chi
cago and Alton, 155; Chicago, B. and O..
77A; Chicago Gas, 66A; Del, Lack. and
do preferred. 2S15; Edison General Elec-
trio, S1A; Illinois Central, 941s; Lake Erie
and Western, q; do preferred, "a; Lake
Shore, 1471R; Louis. and Nash, 52h; Louis
and N. A, 95s; Manhattan, 1861; Memphis
and Charleston, Is asked; Michigan Cen
trail, IS; Missouri Pacific, 239s; Mobile and
Cordage, 81; do preferred, 1O1z; N. j. Cen
trail, 1864; n. Y. Central, 9715; N. Y and
N. E., 4O Norfolk and Western preferred,
16; Northwestern, 1895; do preferred las;
Pacific Mail. q: Reading. p; Rock Island,
ny; St Paul, 76ss; do Ig9rIeferred, 1SO; Sill
ferred, 100; Texas Pacific, S4; Union Pa
cific, ~; Wabash, St L. and p, SIS; do
Wheeling and L. E.. 11ss; do do preferred,
81; Southern Railway 5s, 80; Southern Rail-
way common, 91a; Southern Railway pre-
State Bonds-Alabama A, 1OS do B, 1OS;
do c, 100; Louisiana stamped As, 9S%;
North Carolina As. 1OS; North Carolina Is,
preferred, 515; Virginia Trust Receipts, 6;
Virginia Funding Debt, 81; South Caro-
Government Bonds-United States As,
registered, 1854; United States, As, cou-
pons, 1101a; United States Is, registered, IS.
GRAIN, PROVISIONS, ETC.
New York, March, Flour quiet easy;
winter wheat, low grades, S2.5Od3O0; do
fair to fancy, 81. sos. 80; do patents. $3.50
6415: Minnesota clear S270d3.3O; patents
So. 9564.30 low extras, S25Gd3.00; southern
flour quiet steady; common to fair, 200
AGO: good to choice do, $3.00lD3. 80. Wheat
dull easier, with options; No. 2 red store
and elevator, S12zc; afoat, S2hc; options
were fairly active and opened firm at
3sG5sc advance, on a report of a loss by
fire of 1880, 900 bushels at Minneapolis; de-
clined 5sd34c closing firm at 1sdAc de-
cline: No red March and April, 751bc;
Nav 73stc; July 7314c. Corn dull, firm; No q
37lLc elevator; 3SAc af1oat; options were
dull and firm, at unchanged prices to &c
decline; March, &c; May, S6Ac. Oats duh,
steady; options dull, easier; March, 25&c;
Nav. 2524c; spot No. 2, 264c; No. white,
27stc: mixed western, 2615G2714c. Hay
quiet, steady; shipping, 75Q6Oc; good to
choice. 921hcd$1O 90 Wool quiet, steady do
nestle fleece, 16622c pulled 15G33c; Texas,
e113c. Beef quiet, steady; family, 5000
6l2O0; extra mess, 81. 50d8.O0 Beef hams
dull s1450a15O0. Tierced beef inactive;
city extra India mess, Sl5.000l65O; cut
meats quiet: picked bellies, SC; shoulders.
41kd4Ac; hams, Slz@SAc. Lard quiet,
firm; western steam, 5.62l9c; city, Sc; May,
5.75c: refined quiet; continent, &c; steam,
s.25e; compound. 4ss445sc. Pork quiet,