The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-04-07
FINANCIAL.

New York, April 6.-Money on call was
easy at 30I3Ia per cent; the last loan was
at per cent, and at the closing was Of
fered at per cent. Prime merchantable
paper. 51kG6 per cent. Bar silver CSC.
was firm, with an actual business in bank
ers' bills at $4SSd4.SS1z for sixty days, and
A,S9Q4s9A for demand, Posted rates, $4.S
@4.9O Commercial bills, $4.@1a. Govern
ment bonds steady; state bonds dull Sill
yer at the board dull.
New York, April 6.--The treasury bal
ances to-day were as follows: Coin, $l21,-
S63, 697; currency, 1871, SIS, oSl.
New York, April g. Noon. Erie, Isl;
Northwestern lO4; do preferred, las; Lake
ferred, 51s; Western Union, S4l; Southern
Railway common, 8; Southern Railway,
preferred. 2913; American Sugar, 1881; Bal
timore and Ohio, 10; Canada Southern,
49,; st. Paul, 76A Rock Island, u; Deia-
ware and Hudson, 1877 Delaware, Lack
awanna and Western, 1854 Manhattan,
11O1a; Michigan Central, SO; New York
Central, Sc.
New York, April e.-Speculatlon at the
stock exchange was strong and higher
during the earlier session and weak ana
lower in the late afternoon trading. The
Improvement at the start was equal to
19q2A per cent. Manhattan, Colorado
Fuel. Tennessee Coal and Changers be-
ing most prominent in the upward move
ment. Manhattan advanced on the re-
ports that negotiations were progressing
looking to the leasing of the road to the
New York Central. Directors, while adj
hitting that there was something in the
talk about the deal, refused to give any
details. Tennessee Coal and Iron, Illinois
Steel and the other iron and steel stocks
We're in request on the improved outlook
for the trade. Tennessee Coal and Iron
advanced 19s to 80; Illinois Steel 13s to Il
and Colorado Fuel to pa. In the Industrial
group sugar was conspicuous for strength,
while Tobacco was feverish at S75snS9.
The unusual methods of the management
of late have hurt the market for the
stock and operators are giving it a wide
berth. In the late trading weakness pre-
n l1.y
lost, the market having been adversely
affected by the passing of the Cuban res
olutions by the House. Reports of serious
damage to wheat in the western states
and the continued strength of sterling
exchange. The engagement of $500 900 gold
for shipment to. Europe tomorrow. an
enough, had no influence on speculation.
In the reaction, Manhattan, the Grang-
ers, Tennessee Coal, Colorado Fuel and
General Electric scored the heaviest
losses. The market closed weak in tone.
Net changes show losses of A6% per
cent, Louisville and Nashville leading.
Canada Southern a and Lake Shore 1a.
The total sales were 1861 500 shares, in
900 Sugar and 1890 Tobacco. The bond
market was irregular, but in the main
frmer. The transactions aggregated ST.
New York Stock List-Closing Bids
Stocks and Bonds-American Cotton Oil,
Is; do preferred, 81; Sugar Refinery, 1881;
DO preferred, lO12s american TOBACCO,
S7A; do preferred, 100; Atchison, Topeka
and Santa Fe, 16; Baltimore and Ohio, 1914;
Canada Pacific, So; Chesapeake and Ohio
1875; Chicago and Alton, 1856; Chicago, Bur,
lington and Quincy, T5s; Chicago Gas,
67l2; Delaware, Lackawanna and Western,
1891; Distilling Cattle Feeding, 177s; Erie
141a; do preferred. 1874; Edison General
Electric. S7A; Illinois Central, 80; Lake
Erie and Western, 1874; do preferred, 20;
Lake Shore, 147A; Louisville and Nash
Vile, 491z Louisville and New Albany, 80:
Manhattan, 109 Memphis and Charleston,
Is: Michigan Central, SO; Missouri Pacific,
"a; Mobile and Ohio, p; Nashville, Chat
tanooga and st. Louis, IS; United States
Cordage, AZ do preferred. 91z; New Jer,
sey Central, los; New York Central, So;
New York and New England, 40: Norfolk
and Western preferred, 5iz; Northern Pa
cific 13s; do preferred, 111a; Northwestern,
1921: do preferred, 49, Pacific Mail, 26k;
Reading, 10is; Rock Island, M; st. Paul,
751l do preferred, 1855; Silver Certificates,
ssh; Tennessee Coal and Iron. 500; do do
preferred, 100; Texas Pacific, s; Union Pa,
cihc, 8; Wabash. st. Louis and Pacific
81; do do preferred, IS; Western Union,
S35k; Wheeling and Lake Erie, 9i2; do do
preferred, 80; Southern Railway IS. 81;
Southern Railway common, 9; Southern
Railway preferred, 29l5.
State Bonds-Alabama A, 1917 do 3. l01;
do G. 100; Louisiana stamped As. 81; North
Carolina Is, l03; North Carolina Is, 1872