The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-07-03

/ Cd. ex-iiv.; Southern Bank OF State OF
georgia lfIie bid. lisa asked, eN-div-s
/ savannah Bank and Trust Company. 1854
%, - asssl, *. uls- ~. nam fss s4
bid. 81 asked: b. - BID. 50ia asked ex-div-;
l Peoples Savings and Loan Company, Slih
! bid. ga asked.
I bid, lQ3 asked. Sibley Factory IS, l02 BID.
lbs asked. Enterprise Factory IS, los bid,
| lo4 asked; Eagle and Phen!N Manufactur-
ing Company, per cent bonds. - bid, Is
asked.
Factory Stocks-Savannah Cotton Fac
| tory, - bid, 50 asked. Eagle and PheniN
Manufacturing Company, = bid, 10 asked
Augusta Factory. Is hid. Is asked. Gran
/ itevllie Factory, 80 bid, l55 asked; Lang
/ ley Factory. los bid. 10 asked, Enterprise
Factory, common, 100 bid, Jos asked; J.
p King Manufacturing Company, les
/ bid. 10 asked; Sibley Manufacturing Com
eSay bid Sd nss S asS ssiannah Brewing
London, July 2.-Bar silver, 81 1-l6d.
| Consols. l135s for money and ll3 HIS for
| the account
New York. July Mooney on call steady
at 2uZia per cent, last loan at and clos
ing offered at ?. Prime mercantile paper,
5Q5la per cent Bar silver. 6SS4c. Sterling
exchange was quiet. with actual business
in bankers bills at SfST64S7i4. Posted
rates. SlSSd4S9. Commercial bills. 81 S5i4
/ QAS6&. Government bonds were weak.
State bonds were dull Railroad bonds
were easter. Silver at the board was low
| er.
New York, July 2.-Treasury balances
were as follows: Coin, SiO9.237, SSi; cur
New York, July 2. noon.-Erie. 49,;
Northwestern, $50; preferred, rs; Lake
/ Shone, 1904; Norfolk and Western, pre-
ferred. S; Western Union, s2s; Southern
.; American sugar. loss Balti-
more, and Ohio, II; Canada
| Southern, 4524; St. Paul. 74lA; Rock Is
/ land 632s; Delaware and Hudson 123;
a ra AZ Z quo araa nd arm
/ l5S; Manhattan. 81; Michigan Central. 81;
New York Central, s4A. Speculation
! New York, July 2.-There was a sharp
/ change in the temper Of speculation at
/ the opening at the stock exchange to-
/ day. The report OF higher quotations in
| London led to a decided advance. Sugar
| and the Changers were in the lead. After
the first half hour, however, there were
/ reports OF heavy liquidations. and as a
/ matter Of fact, a number of long traders
| were closed and stop orders reacted III
| chicago Gas, Sugar, Manhattan and enc
| or two others, but in the general list the
| selling was mainly for short account, "a
| tact which was plainly demonstrated
later IN the session. In the decline just
! noted, Chicago Gas was most conspicuous,
| declining AZ to Sc. Sugar fell from 1924
| 10 1865, Tobacco TO $3.50; Burlington ana
| Quincy. from ms to 704; Northwestern,
| from 1854 to 9la; St. Paul, from 54M 10
| 747s; Rock Island from 6ilk to 631s; Man
| haitian, from 97i4 to 95i5, and so on. The
| beartsh feeling was very pronounced ana
| rumors were received about large gold
| shipments by Saturdays steamers, ell
| though leading bankers denied that they
| had received any orders to export the vel
| low metal In the afternoon the absorp-
ton of stocks for foreign account had d
| telling effect, and as the belief generally
| obtained that the expected declaration
| Of the Chicago convention for free silver,
! has been pretty well discounted, a gen
! eral desire was manifested by the trad
! shorts On al lPa e.
| for turn. The upward movement
| made rapid progress toward the close,
| when it was stated al least $4,000 shares
| OF stock would be shipped to Europe by
| Saturdays steamer, and that the general
| officers Of various companies were SAN
| guine. Sugar advanced to 109M; Chicago
Gas to 5sA, Tobacco "a to 81, and Man
| haitian 2i2 to 9S. The total sales We're
| 2l4,582 shares, including $500 Sugar, 3d.
! 900 Chicago Gas, 81, 500 st. Paul. 5000 To-
! bacco. Net changes show gains of Ad1s
per cent, Sugar leading. Chicago Gas
lost and Illinois Steel 3 per cent. Bonds
were irregular, but in the main lower.
Total transactions were $s590OO.
New York Stock List-Closing Bids
| Stocks and Bonds-American Cotton Oil,
ga do preferred, 501a Sugar Refinery,
109A do preferred, 100; ACerican Tobac.
co, SOS; do preferred, 96;> Atchison, T.
and S. F., 1S5s Baltimore and Ohio, 17ss;
| Canada Pacific, 60; Chesapeake and Ohio,
| 14ss; Chicago and Alton, 154; Chicago, Il.
and O., 72ss; Chicago Gas, 5Sh; Del, Lack.
| and West, 1853; Dis. Cat. Feed, 13% Erie,
| 1424; do preferred, 81; Edison General
| Electric, 253s; Illinois Central, 921z; Lake
Erie and Western, 1715; do preferred, 691a
Lake Shore, 146; Louisville and Nashville,
| ass; Louisville and n. A., ~; Manhattan,
| ga; Memphis and Charleston, 10; Michi-
gan Central, "a; Missouri Pacific, 2O% Mo-
bile and Ohio, 10; Nash, c. and St. L., IS:
! U. S. Cordage, AZ; do preferred, 81; N.
| j. Central, 1918; n. Y. Central, 951a; N.
Y. and N. E.. As; Norfolk and Western
| preferred, 81; Northern Pacific, 81; do
preferred, 1914; Northwestern, 991k; do
preferred, 14S; Pacific Mail 2134 Reading,
1875; Rock Island, 64A; st. Paul 751k; do
preferred, 127A; Silver Certificates, 6S%
Tenn, Coal and Iron, 207s; do do pre-
ferred, 80; Texas Pacific, IA; Union Pa
cihcc. 7A;. Wabash, St L. and P, 7; do do
/ preferred, 1914; Western Union S2h
| Wheeling and L. E, 81; do do preferred,
| 30A; Southern Railway IS, 94A; Southern
Railway common, 81; Southern Railway
| preferred, 25A
State Bonds-Alabama A. 103; do B, Jos;
| do c, 100; Louisiana stamped As, 95A
| North Carolina As, 100; North Carolina 6s,
! 100; Tennessee, new set, IS, 70; Virginia
| 6s preferred, 8; Virginia Trust Receipts,
! AZ; Virginia Funding Debt 81; South
Carolina AIS, 1O3.
| Government Bonds-United States Is.
| registered, 1851 United As, coupons, 1887
United States 2s, registered, 95; United
| States new As, regis tered, 116; United
| States new As, coupons, 116.