The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-08-14
FINANCIAL.

London, Aug. 1S.-Bar silver, Sihd Con-
soils, liz 1918 for money and ll27s for the
account. Paris advices quote per cent
rentes at 1O2 francs 10 centimes for the
account.
New York, Aug. 13.-AIoney on call was
easier at 21kQ4 per cent; the last loan
was at ~ per cent, ana at the closing was
offered at ~ per cent. Prime mercantile
paper, 6q6ia per cent. Bar silver. 677sc
Sterling exchange dull and easy with act
ual business in bankers bills at $.S6hG
1861 for sixty days, and $4.S7l4d4S712 for
demand. Posted rates, S4.8d4SSlA. Com
mercial bills $4S5AQ4S524. Government
bonds were steady; state bonds were
quiet; railroad bonds were higher; silver
at the board was unchanged.
New York, Aug. Is, Noon. - Erie, 12A;
Northwestern. 81; do preferred, 145; Lake
Shore 1879; Norfolk and Western, pre-
ferred, y; Western UEion, n; Southern
Railway, common, rs; Southern Railway,
preferred, 10; American Sugar. 1914 Bal
timore and Ohio Is; Canada Southern,
4312; st. Paul, 64l2; Rock Island, 532l; Della
ware and Hudson, 11615; Delaware, Lack
awnna and Western. IA; Manhattan, 74s4;
Michigan Central, 30 asked; New York
Central, 9012; speculation strong and prices
the best of the day.
New York, Aug. 13-A better feeling pre-
vailed in Wall street circles to-day and
the standard stocks, as a rule, scored ma
terial gains. The silver demonstration at
Madison Square Garden last night was not
considered a very formidable affair." in
fact, the street was inclined to the opin-
Ion that the agitation, at least, so far as
the eastern section OF the country is con-
cerned, is decidedly on the decline. Mr..
Bryan's speech of acceptance was also
more conservative and conciliatory than
generally expected in downtown circles.
London appeared to take the same view
of the matter and sent in moderately large
orders for it's favorites Other favorable
factors were the declaration of regular div
idend by the Burlington and Quincy; the
ness of the sterling exchanges. The re-
suit was a general advance in prices all
along the line. Brokers, who enjoy the
confidence of the leading bear operators,
were steady bidders for stocks almost
from the opening, and their purchases had
much to do with the higher range OF quo
tations recorded during the afternoon.
The improvement naturally was most pro-
nounced in stocks which have been heav-
lily oversold. Sugar, for instance, jumped
4 to 1923, Tobacco 21z to 81, Burlington and
Quincy, 3ss to SO, Chicago Gas 3l4 to 527s
Northwestern "a to 92B, st. Paul 25s to
6514, Rock Island 21a to 543s, Consolidated
Gas 212 to 40, Lake Shore to 40 Louis
vile and Nashville 212 to 42lR, Metropoli-
tan Traction AZ to SAB Lead preferred 312
to S1A, Leather preferred "a to 4612, and
Western Union 2ss to Is. In the active
stocks, Nickel Plate second preferred ad-
vanced "a. Manhattan was heavy. 1t
opened firm at rs, fell to 1874, rallied to 1914
and closed at 1872 bid and "A asked. In the
urgent and prices ran off a to rs per cent,
outside of Manhattan, which broke "a
per cent. The reaction was due TO reports
of a receiVership for the Louisville, New
Albany and Chicago and the failure of
Maiden Lane jewelry firm with large la
bilfties. Speculation closed irregular and
in the main lower, Sugar leading. Total
sales were 272,51S shares, including 29,lOO
Sugar, 40 900 st. Paul and 1880 Burling-
ton and Quincy. Bonds were strong and
higher. Sales footed up $1,40l,00.
New York Stock List-Clostng Bids
Stocks and Bonds-American Cotton OIL,
S1s; do preferred, 39l6; Sugar Refinery,
10l&; do preferred, Sc; American Tobacco,
56A; do preferred, SO; Atchison, Topeka
and Santa Fe, 10A; Baltimore and ohio,
Is; Canada Pacific, Sc; Chesapeake and
Ohio, 10; Chicago and Alton, 146; Chicago,
Burlington and Quincy, So; Chicago Gas,
5112; Delaware, Lackawanna and Western,
14212; Erie, II; do preferred, 2S%; Edison
General Electric, 233s; Illinois Central, SO;
Lake Erie and Western, 10; do preferred,
GO; Lake Shore, 1888; Louisville and Nash
VILE 41al Louisville and New Albany, 3;
Manhattan, 1872; Memphis and Charleston.
Is asked; Michigan Central, So; Missouri
Pacific, 1865; Mobile and Ohio, 16 Nash
vile, Chattanooga and St Louis, 6T2
asked; United States Cordage, 35s; do pre-
ferred Z; New Jersey Central, 9lB; New
York Central, 81; New York and New En-
gland, 35 Norfolk and Western preferred,
y; Northern Pacific, 33i /; do preferred, 1l12;
Northwestern, 9l14; do preferred, 14S; Pa
CHIC Mail, ll94, Reading, J2s, ROCK Isl
and, $50; St. Paul, 643s; do preferred, III.
Silver Certificates, .67Zs; Tennessee Coal
and Iron, 1871; do do preferred, 80 asked;
Texas Pacific, 5s4 Union Pacific. G; Wa
bash, st. Louis and Pacific. ~; do do pre-
ferred 10; Western Union, 7T12; Wheeling
and Lake Erie, 6Is; do do preferred. %;
Southern Railway IS. 1872; Southern Rail-
way common, rs; Southern Railway pre-
ferred 10.
state Bonds-Alabama A. 100 bid; do 3,
100 BID; do c, IS; Louisiana stamped As. 81
bid; North Carolina As. So, North Carolina
6s. 40 bid; Tennessee, new set. IS, n; Viz
giniA IS preferred. ); Virginia Trust Re
ceipts, :: Virginia Funding Debt, 81 bid;
South Carolina 41ss, 9l1a bid.
Government Bonds-United States IS,
registered. 105; United States Is. coupons,
Jos; United States Is, registered. % bid;
United states Is, registered, new. 112;
United States As, coupons new, IL.
GRAIN, PROVISIONS, ETC.
Now York. Aug. 13.-Fiour unchanged.
steady. Southern flour steady, dull; com
mon to fair extra. $2.00N2 90; good TO
choice. do. s.. 60si2 30. Wheat spot quiet.
easier: options were fairly active and un-