The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-08-25
THE MORNING NEWS: TUESDAY. AUGUST 25 1896

Factory stocks-Savaunah Cotton Fac
tory, - bid. % asked. Augusta Factory
a bid, 50 asked. ex-div.; Granite vile Fac
tory, ls5 bid. 80 asked; Langley Factory,
los bid, 10 asked; Enterprise Factory.
common. IS bid, lo2 asked, eX-civ.; J. p
King Manufacturing Company, los bid, los
asked. Sibley Manufacturing Company. Is
bid. Is asked: Savannah Brewing Com
pany - bid IS asked
New York, Aug. A.-MOney on call was
active at sdS per cent; the. last loan was
at per cent. and at the closing was Of
fered at per cent. Prime mercantile pa
per, SAG per cent. Bar silver. 667se Ster-
ling exchange, easy. with actual business
IN bankers bills al SiS4ia GAS4ia for sixty
days, and S.S5il04.S5l2 for demand; post
ed rates, S4S5a4.S6i5 Commercial bills.
S-SSQ4.S3iz. Government bonds We're easy:
state bonds were duh: railroad bonds
were steadier. Silver at the board was
lower.
New York. Aug. 24-The treasury hal
ances were as follows: Coin, Sill 1882, 797;
currency, SO, 193. S43.
New York, Aug. 2.-Speculation at the
stock exchange was dull and professional
to-day. only lO0,031 shares Of stock were
traded IN while dealings in railway and
miscellaneous bonds footed up $50 600.
both unusually small totals. The fiuc-
tuations in prices were on par with the
transaction, very little stock changing as
much as point during the day.
At the opening the market was weak on
moderate selling for London and local
account. Western Union was quiet. a
feature at the start was 1900 shares
changing hands at 7f7sG73la, on Satur-
day, the last transaction. 1t recovered TO
f34s The selling of Telegraph had little
influence on the general list. and before
the expiration of the first hour of busi-
ness, the entire list was on the advance
once more. The buying was based on the
idea that the clearing house loan commit
tee intended to issue certificates at their
meeting to-day. 1t was agreed that this
action will he of material assistance to
merchants who are unable to place their
paper at present, and that the security
market will be reflected in the improve
ment in mercantile circles later on. The
traders Immediately began to discount a
probable issue of certificates, and their
moderate purchases soon brought about
a general advance in prices. Manhattan
bounded up pa per cent. to 1874, but this
was exceptional. Western Union recov-
cred from 1872 to 753s, and Sugar. the
Changers and Louisville and Nashville,
rose A0lB per cent. Renewed weakness
in sterling exchange encouraged the hope
of fresh impOrta tiOns of gold, and this
also had some influence in bringing about
the higher range Of stock quotations. The
demand from the shorts fell off to-day to-
wards the close, and there was a DISPOSE
ton to put out fresh contracts in a small
way Money on call rose to s per cent,
but under offerings by foreign house,
| the rate quickly returned to per cent.
| After borrowers had supplied their wants,
| there were tenders as low as 3Q4 per cent
| At the close, the stock market was tolera-
| bly, firm, except for Sugar and the Grang-
| ers. Net changes in the active stock were
| slight outside of Manhattan which gained
| ~ per cent, and Sugar which lost 1 per
/ cent In the inactive issues, Lake Shore
4 .aI ont To UDr
| quiet and lower; sales for the day were
/ only $4,000.
New York Stock List, Closing Bids,
| Stocks and Bonds-American Cotton OIL
! 8; do preferred, 42IA; Sugar Refinery, Dls
| do preferred, 961a american Tobacco, 1914;
| do preferred, So; Atchison, T. and S. f.,
/ 1885, Baltimore and Ohio. 1895; Canada
| Pacific, 5S1s; Chesapeake and Ohio, 10;
! Chicago and Alton, $50; Chicago, B. and
| O., 5SSs; Chicago Gas, 5l12; Delaware,
Lackawanna and Western 1859 Distillers
and Cattle Feeders, -; Erie, l24 do pre-
ferred, %; Edison General Electric, 2sA;
! Illinois Central, SSiR; Lake Erie and West
ern, Is; do preferred, 81; Lake Shore, al;
Louisville and Nashville, 3S12; Louisville
/ and N. A.. 255; Manhattan, ~ Memphis
| and Charleston, Is asked; Michigan Cen
trail so. Missouri Pacific, 1875; Mobile and
| Ohio, IS; Nashville, Chattanooga and St.
| Louis 67J6 asked; United States Cordage,
/
s2l5; New York Central, 9194; New York
and New England, 20; Norfolk and West
ern, preferred 1875; Northern Pacific, 93s;
do preferred 1872; Northwestern, 80; do
preferred, 146; Pacific Mail, 1872; Reading,
/ ~; Rock Island, "a; St. Paul, 6S1s; do pre-
| ferred, 122; Silver Certificates, 81; Tennes-
see Coal and Iron, 1855; do preferred, 80
asked; Texas Pacific. 6; Union Pacific, 81;
| Wabash, St L. and P, ST. do preferred,
! 125s; Western Union 75ls; Wheeling and
! l.. E., 57s do preferred. %; Southern Rail-
| way 5s, ~; Southern Railway, common
! 1871; Southern Railway, preferred, 8la.
| State Bonds-Alabama A, 100; Alabama
1 B. 100; Alabama c, SO; Louisiana stamped
| As, 90; North Carolina As, 10; North Car
| DINA 6s Is; Tennessee, new set, IS, .; Vir-
I ginia 6s, preferred, 4; Virginia Trust Re
/ ceipts, 81; Virginia Funding Debt 105-
| Government Bonds-United States As,
| registered. 1O5; United States As, coupons,
/ 9l15; United States Is, registered, 49,;
| United States new As, registered. 13A;
| United States new As, coupons, 1874
MISCELLANEOUS MARKETS.
/ De- ctr 1xy