The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-08-11

Factory Stocks-Savannah Cotton Fac
tory, - bid, 50 asked; Augusta Factory,
a bid, 50 asked. eX-div.s Graniteville Fac
tory, 145 bid, $50 asked; Langley Factory,
los bid, 10 asked; Enterprise Factory.
common, IS bid, 102 asked. ex-div.; ]. =.
King Manufacturing Company, los bid, los
asked; Sibley Manufacturing Company IS
pany, - bid Is asked.
bid. IS asked; Savannah Brewing Com
London, Aug. l0--Bar silver. 3ii4d. Con-
Sois, ll2tt for money, and li2 1916 for the
account. Paris advices quote 3 per cent
rentes l02 francs, SPA centimes for the ac-
count.
New York. Aug. 1O.-NIoney on call was
active at SQS5s per cent The last loan
was at per cent. and at the close was
oHered at per cent. Prime mercantile
paper 5li6c. Bar silver, 6S%c. Sterling
exchanged, with actual business in bank
ers bills at SiS6izd4.S7 for sixty days.
and Si.sli2Q4.SS for demand. Posted rates,
ASs4i-SS. Commercial bills, AS6i4. Gov
eminent bonds We're steady; state bonds
We're dull; railroad bonds were firm Sill
Yer at the board was lower.
New York, Aug. lO.-The treasury bal
ances to-day were as follows: Coin, $114,
VtS,OzS Currency, $50. 799, 029
New York, Aug. 10, noon.-Erie, IFS;
northwestern, S6A; preferred. las; Lake
Shore, lS5; Norfolk and Western. preferred,
lOls; Western Union. 1914 Southern Rail-
way common, Z; Southern Railway pre-
TERED, 1855 American Sugar. sc; Balti-
more and Ohio, l5ls; Canada Southern 4l4;
and Hudson, n4l2; Delaware. Lackawan-
ma and Western, 136s Manhattan, IS;
Michigan Central, So; New York Central,
81 Speculation, feverish.
New York, Aug 10-Stocks showed
more resisting power to-day. At the open
ing prices advanced sharply. The Grans-
ers and internatiOnals were in the lead,
owing 10 higher cables from London, IS
well as moderate buying orders for for
eign account. The announcement. that
clearances at the stock exchange clear
ng house had gone through without trOu-
bic also tended to revive confidence in
some quarters. Following the early rise
there was a sharp drive by the bear lead
ers ana under pressure a number of the
active railway and industrial stocks got
below the prices current on Saturday
Sugar dropped 3s4 to IS, Tobacco 4 to 81.
Leather preferred PA to Az, Northwest
ern rs to S51s, st. Paul IA to 597s Rock
island lss to 499s, Lackawanna . to 1SS,
Delaware and Hudson IL to Ill., Man
haitian to 74I5, Jersey Central l to S7J5,
and Western Union / to 72% The advance
IN can money 20 per cent, and fears
mat the rate will work still higher in the
near future, was the disturbing influence
at this time. AS usual, when money is
stringent number of loans were dis
turbed and the consequent liquidations
ADDED 10 the depression. At the decline.
however, London firms turned buyers and
commission houses also had more inquiry
for the leading stocks. This, combined
with decline in the rate for call loans
encouraged
ators TO make ventures on the bull side
or the account, and in the last hour of
business the market was stronger than
at any previous time of the day. The re-
coVery in prices ranged from "a to 49, per
cent, Tobacco and Manhattan leading
Lake Shore rallied 314 and Sugar per
cent. Speculation closed strong in tone
Net changes show gains of 14q3 per cent.
Total sales were ,347 shares including
$500 Sugar, 32.700 ST. Paul. %, 800 Tobacco
and 1920 Burlington and Quincy Bonds
were higher. Sales footed 81 $50, OOO
New York Stock List-Closing Bids
Stocks and Bonds-Amercan Cotton Oil,
s; do preferred, 37l5; Sugar Refinery 9s;
do preferred, 80. American Tobacco 541t
do preferred, So; Atchison, Topeka and
Santa Re, 9ls; Baltimore and Ohio, Is;
Canada Pacific, IS; Chesapeake and Ohio,
12l.; Chicago and Alton, IL ex.; Chicago,
Burlington and Quincy 55ls; Chicago Gas,
5612; Delaware, Lackawanna and West
ern, 1881; Distillers and Cattle Feeders,
3; Erie, liz; do preferred, 25la; Edison
General Electric, 22k; Illinois Central, SO;
Lake Erie and Western, 1874; do pre-
ferred, 5719; Lake Shore 1877 bid; Louis
vile and Nashville, 401b; Louisville and
N A, 5; Manhattan, 771k; Memphis and
Charleston, Is asked; Michigan Central, 80
asked; Missouri Pacific, 1888; Mobile and
Ohio 10; Nashville, Chattanooga and St.
Louis, 67l5; United States Cordage, 81; do
preferred, ga; New Jersey Central, 80;
New York Central, 1914; New York and
New England, 80; Norfolk and Western
preferred. 10A; Northern Pacific, 3ss; do
preferred, 10; Northwestern, SSA do pre-
ferred, 14S; Pacific Mail, 1854; Reading, S7s;
Rock Island, 5O1a; St. Paul, 623s; do prefer
red, 11S; Silver Certificates, 655s; Tennessee
Coal and Iron, 1914; do do preferred, 80;
Texas Pacific. 5ss; Union Pacific, 5k Wa
bash, st. L. and P, AS; do do preferred,
1917; Western Union, 74la; Wheeling and
Lake Erie, 81; do do preferred, 25; South
ern Railway IS, 1854 Southern Railway
common, z; Southern Railway preferred,
IT'S.
State Bonds-Alabama A, 100; do B, 100;
do c, IS; Louisiana Stamped As, 80; North
Carolina As, IS; North Carolina IS, ITO;
Tennessee, new set IS, "a; Virginia 6s,
preferred, 5; Virginia Trust Receipts, 4:
Virginia Funding Debt, So; South Caro-
lima AIS, 50.
Government Bonds-United States As.
registered, 105; United States As coupons,
106; United States rs, registered go; United
States new As, registered, 1111h; United
States new As, coupons, 111h.