The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-01-05


New York, Jan. 4, noon.-Erie, 14lS;
northwestern, 97%; Lake Shore, 1917;
norfolk and Western preferred, z; Wes-
tern Union, $50; Southern Railway COM
mon, Slal Southern Railway preferred,
26; American Sugar, 1918; Baltimore and
Ohio, 379s; Canada Southern, As; st. Paul,
67%; Rock Island, 651s; Delaware and
and Western, 159; Manhattan, 1OO7s; Mich
igan Central, -; New York Central 9515
New York, Jan. 4.-Firmness was the
the stock exchange to-day. London,
much to the surprise of the street, in
view of the developments in South At
RIGA, bought moderately of dts favorites
and cable advices reported uniform gains
in American securities abroad. Prices
here improved Hd1S per cent, Louisville
with sales up to 4l5s. Tobacco, which
was the feature of the market near the
close yesterday, gained y per cent, sell
ing at SAY The strength of the mar
ket, however, was short lived and before
the expiration of the first hour a selling
movement set in which carried prices
down anywhere from u to 2 per cent.
Jersey Central, however, lost 39s and To-
bacco 5A per cent, selling at 97ls and 1914
respectively. Lake Shore fell 2 to 1898.
Leather preferred, 2 to 6012 Manhattan,
13s to 101, Burlington and Quincy, ~ to
159s, st. Paul, Ia to CTS, Rock Island, IL
to 65l5, Northwest IA to SO, Canadian
preferred, III to PAS Delaware and Hud-
son, rs to 1925, Reading, rs to 2ss; Gener-
al Electric, IL to rs, Louisville and Nash
Vile, l9s to 43A and Western Union, 1H
to S31s. The decline in the market was
due primarily to the delay in announcing
the bond issue and yesterdays debate in
the Senate which is not reassuring so far
as Wall street is concerned. Reports of
friction in the bond syndicate also had a
disturbing effect on the market. The
drop in Tobacco was attributed 10 selling
of stock bought on the break after the
passing of the dividend. Since that time
the stock had advanced over 20 points.
Leather preferred. was sold on the reiter-
alton of the reports about the passing of
the dividend. The market closed weak
at or near the lowest point of the day.
Bonds were weak; sales were 1921, 900; the
sales to-day of listed stocks aggregated
1857 shares and of unlisted stocks,
New York Stock List, Closing Bids,
Stock ana Bonds-American Cotton Oil,
II; do preferred, 64A; Sugar Refinery,
101% do preferred, SO; American Tobacco,
1855; do preferred 100; Atchison, T. and
Pacific, SLY; Chesapeake and Ohio, 143s;
Chicago and Alton, 1853; Chicago B. and O.,
7515; Chicago Gas 64as; Delaware, Lacka-
Cattle Feeders, 1874; Erie, 141s; do pre-
ferred, 23l5; Edison General Electric, 247s;
Illinois Central, 91 Lake Erie and West
ern, IS; do preferred, Sc; Lake Shore, 1884,;
Louisville and Nashville 4314; Louisville
and n. A, rs; Manhattan, 1007s; Memphis
and Charleston, Is; Michigan Central. "a;
Missouri Pacific, 24ss; Mobile and Ohio,
21% Nashville. Chattanooga and ST
Louis, 60; United States Cordage, Az; do
preferred, 81; New Jersey Central, ~;
New England, As; Norfolk and Western
preferred, z; Northern Pacific. ga; do
preferred, 11%; Northwestern, g7s4; dospre-
ferred, 142; Pacific Mail, 251s; Reading, 27s;
Rock Island, 6515; st. Paul, 6794 do pre-
ferred, 1851; Silver Certificates, 81; Ten
nessee Coal and Iron, 2614; do preferred,
100; Texas Pacific, IA; Union Pacific. 4;
Wabash, st. L. and p. 65s; do preferred,
155s; Western Union, 1914 Wheeling and
L. E., 1917; do preferred, 50; Southern
Railway IS, 81; Southern Railway COM
mon, S1a; Southern Railway, preferred, g.
State Bonds-Alabama A, Jos; Alabama
3, 10S; Alabama C, 100; Louisiana stamped
As, 81; North Carolina 4s 100; North Caro-
asked; Virginia IS, preferred, 6; Virginia
Trust Receipts, 515; Virginia Funding
Debt. 601s; South Carolina 415s 1O6
Government Bonds-United States 4s
registered, 1O9; United States As coupons
100; United States IS. registered. 96