The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-03-04
FINANCIAL.


London, March 3-Bar silver, 31kd |
Consols. 1895 for money and 1O9 7-16 for
the account. Paris advices quote per
cent. rentes, 1O2 francs, 70 centimes for
the account.
New York, March 3-NIoney on call easy
at 3Gt4 per cent; the last loan was at 3ls
and closing offered at 31a per cent. Prime
mercantile paper, 512G6c. Bar silver, 6SAc.
Sterling exchange steady with actual bus
mess in bankers bills at S4.S64Q46 for
sixty days, and Sia4@SS for demand:
Posted rates. SLS7l5Q4S9. Commercial
bills. $4S51zG4 S6A. Government bonds
lower; state bonds quiet; railroad bonds,
steady. Silver at the board was firm.
New York, March 3-The treasury bal
ances were as follows: Coin, 1924, ,0S7;
New York, March 3, noon:-Erie, 16;
Lake Shore, 1471a; Norfolk and Western
preferred 634; Western Union "a; South
ern Railway, common, So; do preferred,
3OA; American Sugar, 1853; Baltimore and
Ohio, 49, Canada Southern, 5OA; st. Paul,
a.; Rock Island, IFS; Delaware and Hud-
son, III; Delaware, Lackawanna and
Western, 1905 Manhattan 1854 Michigan
Central, SO; New York Central, 97l5. At
noon the market was easier.
New York, March 3.-There was a ma
terial falling off in the volume of bust
ness at the stock exchange to-day and
dealings in stocks dwindled down to 20l,-
SIS shares, against S27, 900 shares yester-
chiefly to the fact that operators in stocks
have recovered from the scare produced
by the baltimore ana ONO recelNerSnlD,
and the action of congress on the Gu
ban question. Finding the supply of
stocks small, recent short sellers endeav-
ored to cover, and this, with moderate
buying for the long account, led to an
advance, near the opening, of hd2 per
cent. In the rise Cotton Oil preferred
Louisville and Nashville, Laclede Gas and
Tennessee Coal were most conspicuous
An incident of the day was the rise
in st. Paul to IA and the decline in
Baltimore and Ohio to 1872. This is the
first time in the history of the stock ex-
change that st. Paul stock has crossed
Baltimore and Ohio. st. Paul now stands
second to Northwestern in the Granger
group. In the afternoon trading, Tobacco
dropped from TIA to 76, on reports from
St. Louis that the outside companies in
tended to go into the cigarette business
This gave rise to a rumOr which could
not be confirmed that the American To-
bacco had sold $1,OOOO0O new preferred
stock. The break in the stock exerted an
unfavorable influence on the general list
but the decline, except in Baltimore and
Ohio and Rubber, was unimportant. The
stock named dropped 3 per cent. to AZ
on the revival of the reports of in
ternal dissensions. Toward the close a
steadier feeling obtained in the general
markets. ST. Paul at this time exhibited
considerable strength. Baltimore and Ohio
securities were less active, and, If any,
| closed steady to firm in tone, net changes
show advances of Ad1 per cent, General
Electric leading. Tobacco lost p, Bur
| lington and Quincy Is. Tobacco, which
q, 400 shares. Burlington and Quincy came
next with 24,SOO. and St. Paul third with
800. Bonds were dull and irregular The
4 sales footed up $4,000.
New York Stock List-Closing Bids
! Stock and Bonds-Amercan Cotton Oil,
! ii57k; do preferred, ioiai; American To-
| bacco. 7612; do preferred, 10l; Atchison,
| T. and s., f., 1874; Baltimore and Ohio,
( and Ohio, 1855; Chicago and Alton, 1856;
| Chicago, Burlington and Quincy, 76l5;
Chicago Gas 67A; Delaware. Lackawa l1I1
Edison Edls lSA General az R RTs6frirsd s2s
! illinois Central, IS; Lake Erie and West
1852; Louisville and Nashville, 527s; Louis
/ vile and N. A, 81; Manhattan, 1855;
Memphis and charles59n 10 Ma6,i:
and Ohio, 81 f'' Nashville C.. and
St. L., IS; United States Cordage, So; do
New York Central, s7l4; N. Y. and N. f.,
40; Norfolk and Western preferred, "
asked; Northern Pacific, "A; do preferred,
III s;e Reading lis; Rock Island, nsa; st.
Paul 6 90 PrefeFTed 3S oa s aHd 1 Gen
| 2g%: do do preferred, 100; Texas Pacific,
| 81; Union Pacific, ~: Wabash, st: L. and
| Union s4il; Wheeling and L. E, l1A;
| do do preferred, 371A; Southern Railway
| SIS. go; Southern Railway common, 9A;
| southern railway pACACll GU oV.
| State Bonds-Alabama A, los; do B, 1O8;
| do c, 100; Louisiana stamped As, 9815;
| North Carolina As, 1O3; North Carolina
| Is, 122: Tennessee, new set, IS, S5A; Vir-
| ginia IS preferred, 512; Virginia Trust
| Receipts, 8; Virginia Funding Debt, 81;
| south Carolina 41as, 1OS.
| Government Bonds-United States As,
registered, 1OS; United States As. coupons,
l0Si5: United States IS registered, IS.
GRAIN. PROVISIONS, ETC.
New York, March S.-Flour quiet,
steady: unchanged; southern flour, quiet
steady. unchanged. Wheat, dull easy; No
| red store and elevator, size; afioat, S2%c;
ontions were dull and weak at 15d5sc de-
| Zine: No. 3 red, Marcn and April, 75c;
Nav 7SHc; June, 72s4c; July, 729sc. Corn
dnIi firm: No. 2, 371ac, elevator; 39c afloat;
onions were dull and weak at &c decline;
March, 367sc; May, $3.50; July. 1850. Oats.
quiet steady; options dun, nominal;
March and May, 259sc; spot prices No 2,
2SHc; No. 2, white, 27Ac; mixed
western 261kG27c Hay, quiet un-
| changed Wool quiet, steady, unchanged
Beef dull, steady, unchanged; beef hams,
! aIiet. $l4 5G0l5.00; tierced beef dull; city
seVtra India mess, $15.O0G16.50; cut meats.
SnieG: easy; picked bellies sc; do shoulders
| &c; do hams, S12G8s4c. Lard, quiet nrm-
Or. western steam, 1850 bid; city 495M5c;
MAY. 5S0c asked; refined dun; continent
| &c: steam. csc; compound, 49sa4Bc. PORK
| slow. steady; mess, sl0,0O41050. Butter,
| frmer; western creamery, l4Q2l12c; Elgins