The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-08-19

state bonds were dull: railroad bonds
were higher Silver at the board was
heavy.
New York. Aug. lS-The treasury bal
anoes were as follows: Coin. l2,s6o, 2ls;
currency. 81, 256S3O.
New York. Aug. IS. noOn.-Erie. 1919;
Northwestern, -; preferred. 144i5; Lake
Shore, 1924; Norfolk and Western. pre-
ferned. p; Western Union, III: Southern
Railway common, ~; Southern Railway
preferred. 20lt American Sugar, 1858:
Baltimore and Ohio. Is: Canada Southern.
iS: St Paul. 65ia; Rock Island. SIS; Del
aware and Hudson. 11Sia: Delaware. Lack
awanna and Western. AS; Manhattan. 76la;
Michigan Central. SO; New York Central,
s2i4. Speculation easier.
New York, Aug. 1S-The day was by no
means an important one at the stock eN-
change, and transactions aggregated a
very small total This was not a little
surprising in view of the sharp break
in foreign exchange, which should have
a tendency 10 ease up the monetary sit
uation. Posted rates Tor sterling were
reduced a full cent to S4Skd4S7. the low
est figures for some time and actual
business was done at material conces-
sions from the quotations noted. This
started some talk about early impOrta-
tons OF gold. but bankers do not share
in this opinion. Money lent up to 5 per
cent. on call, but later eased off. Funds
on time continued scarce, and commercial
paper was difficult OF sale None of
these influences had any particular ef-
feet on the markets for securities to-
day, and the dealings were confined
almost entirely to the room-trading ele-
ment. At the start quotations were frac-
tonally lower in sympathy with London
and the weight of selling orders from that
center, but the bulls soon took hold, using
sugar as a lever to advance the remain
der Of the list. Leading stocks improved
AGlA per cent. Subsequently there was
a general decline OF half to "a per cent.
Just previous to the close there was a
rally of Il TO 12s from the lowest. Spec
ulation left of steadier in tone Net
changes show declines of 4 to IA per cent.
Sugar and Louisville and Nashville scor-
ing the greatest losses. The total sales
were only 1876 shares, including $500
Sugar. 24.5OO St Paul, 20.SOO Burlington
and Quincy and $500 Louisville and Nash
VILE The bond market was higher. Sales
were $4,000.
New York Stock List-Closing Bids
Stocks and Bonds-American Cotton Oil,
S1a; do preferred, Al; Sugar Refinery. 1-415;
do preferred. 9734; American Tobacco,
561z; do preferred. 80; Atchson, 7. and
S. F., lO% Baltimore and Ohio, Is; Can
ada Pacific. 81: Chesapeake and Ohio, 49,
Chicago and Alton. $50; Chicago Burlng-
ton and Quincy, 6O4; Chicago Gas, 527s;
Delaware, Lackawanna and Western, 1866
Dis. Cat Feed, 49,; Erie u bid; do prefer
red, Hl5; Edison General Electric, 24I4 /;
Illinois Central, 81; Lake Erie and West
ern, l4l4; do preferred. 62& Lake Shore
l42; Louisville and Nashville, 40A; Louis
Vile and N. A, 3k; Manhattan, 76ls {;
| Memphis and Charleston, Is asked; Mich
igan Central. IS; Missouri Pacific, 1694 I;
Mobile and Ohio. IS; Nashville. c. and S.
l., 67l5 asked; United States Cordage.
31z; do preferred, ga New Jersey Central.
9lA New York Central, 9lh; N. Y and
n. E.. 20 bid; Norfolk and Western pre-
| ferred, 1914; Northern Pacific, 81 do pre-
ferred, 1914; Northwestern, 94i do prefer
| red, 144Iz; Pacific Mail 1855; Reading, S15;
ferred 122; Silver Certificates, &C.; Ten
perred, 80 asked; Texas Pacific, 50; Union
do do preferred, 1915; Western Union,
| 75l5; Wheeling and Lake Erie. So; do do
| preferred, p; Southern Railway 5s, s1A {;
Southern Railway common, M Southern
Railway preferred, 20.
State Bonds-Alabama A, 100 bid; do B,
| 100 bid do G, 81; Louisiana stamped AS,
| SO bid; North Carolina AS, IS; North Caro-
lima S. 10 bid; Tennessee, new set, IS, n;
| Virginia 6s, preferred, 5; Virginia Trust
! Receipts, 4; Virginia Funding Debt, So
bid; South Carolina AIS, IS bid.
| Government Bonds-United States As,
| registered. 105h United States As cou-
| nons, 106; United States rs. registered,
9lz; United States As, registered, new,
| 113; United States As, coupons, new, lib