The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-08-12

New York. Aug. 11.-Money on call was
easier at 3G6 per cent; the last loan was
al 3 per cent. and the closing was offered
AT per cent Prime mercantile paper 6
per cent. Bar silver. CSC. Sterling eN-
cnange was weak. with actual business in
bankers bills al A.s6izG 4.S64a for 90 days,
and 81. lSie,d4-S7fs for demand. Posted rates.
St-sli4QfSsi2- Commercial bills. Si.Srl4.S6.
Government bonds were quiet: state bonds
We're neglected. railroad bonds were high
er; Silver at the board was lower
New York, Aug. 1.-THE treasury bal
ances were as follows: Coin, Sis. 76S, 12T;
currency, SS0,OS2, 462.
New York. Aug. 11.-nOon-Erie. l21h;
Northwestern, S9l4 preferred, AS bid: Lake
shore, 49, Norfolk and Western, prefer
red, II; Western Union, 755s; Southern
railway common, ~; Southern Railway
preferred. Is, American Sugar. 99is; Balti-
more and Ohio, Is; Canada Southern. -:
St Paul $50; Rock Island, 52Lt: Delaware
and Hudson. lie; Delaware Lackawanna
ana Western, 1879; Manhattan, ISL; Michi-
gan Central. 90 asked; New York Central,
S0le; Speculation strong, with advancing
tendency.
New York. Aug. 1.-THE stock market
to-day showed an improving tendency on
the easier rates for money and further de-
cilned posted rates Of sterling exchange at
= cent. Gables from London received be-
Tore the opening showed a slight advance
IN American securities there. This stimu-
lated purchases Of the leading Industrials,
Louisville and Nashville, and St. Paul,
and higher range of values. The rising
tendency was checked by the announce
ment Of the closing of the Murray Hill
oank' an institution working under a state
charter. The bears assumed active opera
tons when this was announced, and un-
DER fairly liberal offerings. stocks yielded
from = per cent TO is per cent. in this
decline, Northwest suffered the heaviest
loss the stock having been sold on ru-
Inors or reduction in the dividend rate.
IN the afternoon session, when money on
can dropped to per cent on heavy offer
nv q aaa.s.-
banks and capitalists the traders conclud-
ed that the bank failure referred to
would have but little influence and started
IN 10 cover The purchases from this
source We're sufficient to bring about an
advance OF 14u12 per cent in the general
market. Buyers found the supply of
stocks limited and this added to their anx-
lety. Northwest bounded up Az to 9O1k
chicago Gas to 50Ia Sugar, 3s4 to 1908
1obacco TO IS, Consolidated Gas 81 10
1854, Manhattan, 3is to 1914 and the other
issues y TO "a per cent. Speculation clos
ca strong in tone and 14q24 per cent high
er on the day. Total sales were $40 S34
shares, including 1890 Sugar; $500 St
Haul and 1900 Burlington and Quincy
Bonds were strong and higher. Sales
We're $l,203,100.
New York Stock Lisr-Closine Bids
stocks and Bonds-American Cotton Oil.
"a; do preferred, 80; Sugar Refinery
l0g@s; do preferred. 81; American Tobacco.
551s; do preferred, 90; Atchison. r and
,. f. lO12i Baltimore and Ohio, 1872; Can
ada Pacific, 56; Chesapeake and Ohio.
l512; Chicago and Alton, 146; Chicago,
burlington and Quincy, 56Ib; Chicago Gas.
oV5s' delaware, L.ackaWanna and West
ern, l3S; Dis. Cat. Feed, 9; Erie, 12Ib: do
preferred 2S; Edison General Electric
z3ts; Illinois Central, "a; Lake Erie and
western, 1874; do preferred, 59Jb; Lake
Shore, 1877; Louisville and Nashville. 41st
Louisville and n. A, 43k Manhattan. ISL:
Memphis and Charleston, Is asked; Mich
lgan Central 80 asked; Missouri Pacific.
10; Mobile and Ohio, 16; Nashville, c. and
st. L., 67lz; United States Cordage. 81:
qua New York Central, 90A N Y and
n. E., 80; Norfolk and Western. preferred.
l212; Northern Pacific 37s do preferred,
II; Northwestern, sos do preferred 14S;
Pacitic Mail, ia; Reading 9Ik Rock ISL
ana, %; st. Paul, 64ls; do preferred 120J5
bid; Silver Certificates, $50; Tennessee
Coal and Iron, 1875; do do preferred. 30
asked; Texas Pacific, 6; Union Pacific
501s; Wabash, st. L. and P. 8; do do pre-
ferred, 10; Western Union, 764 Wheeling
and L. E., 81; do do preferred, q; South
ern Railway IS. 1874; Southern Railway
common, rs Southern Railway preferred.
1872.
State Bonds-Alabama A, 100 bid: do B
80 bid; North Carolina As, 95: North Car
DINA IS, 10 bid; Tennessee, new set. &c.
7Sl5 Virginia 6s, preferred. 5; Virginia
Trust Receipts, 4; Virginia Funding Debt
81 South Carolina AS 100.
Government BOnds-Unted States As
registered, los; United States As, coupons
1906; United States Is, registered, 91h; Uni
ted States As, registered, new, III; United
States IS, coupons, new, 112.