The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-02-18
FINANCIAL,

London. Feb. 17.-Bar silver, 3O7sd con-
sols los 1915 bid for both money and the
account. Paris advices quote 3 per cent.
rentes 1927 soc for the account.
New York. Feb. 17.-Money on call was
easy at 3l5Q4 per cent; the last loan was
at 3la per cent. and at the closing was
offered at 31a per cent. Prime mercantile
paper, sal per cent.
Bar silver. 673sc
business in bankers bills ait $4S6lk@4 S68{
for sixty days, and 81 .S7%iQ4 So for de-
mand; posted rates, 81 .S7Q4 .SS1z. Com
mercal bills, $4.S5lz@4 sc.
Government bonds were higher; state
bonds were dull; railroad bonds were
strong.
New York, Feb. 1.-THE treasury bal
ances We're as follows: Coin, $116,O36 1911
currency, $S5, 036,l 10.
New York, Feb II, noon.-Erie, 1e1k;
Shore, 146; Norfolk and Western pre-
ferred q; Western Union, So; South
3114; American Sugar. HAS; Baltimore and
Ohio, SO; Canada Southern 49S4 st. Paul,
76B; Rock Island, p; Delaware and Hud-
son, 12715; Delaware, Lackawanna and
Western, 1879; Manhattan 1OSA; Michigan
Central, 941s; New York Central 975s.
New York, Feb. 1.-THE transactions at
the Stock Exchange were light to-day
At the start the market was inclined to
weakness, chiefly on account of an unex-
planned break in Manhattan from 1854
to 1O3 The weakness of this stock made
at the same time room operators and sold
out bulls contributed their share to bring
about lower prices; But little success at
afternoon trading the entire list was on
the advance once more. The main cause
for the confidence prevailing in the late
session was the ease with which the sue
cessful bidders to the new government
loan met their obligations, and the an
Morgan syndicate had filed a claim for all
defaulted allotments at 110.6S77. The syn
dictate has deposited in the sub-treasury
here sufficient gold to cover all defaults.
met without the slightest disturbance to
the money market and that funds on time
encouraged the bulls also. The par
ticularly strong stocks in the late trading
were Lake Shore, Tobacco, Louisville and
Nashville Jersey Central, Sugar, Chicago
jumped to 1865 Sugar first declined to
1925 and then rose to 1l5%4, and closed
within fraction of the best of the day.
It was again rumored that the directors
intended declaring an extra dividend. The
meeting for dividend purposes will be held
early in March. Leather preferred drop
ned TO 6424 on the revival of the talk
about the passing of the dividend but
later rose to 667s on covering of shorts. In
the Changers, st. Paul rose to 6734, Rock
island to 729s, Burlington and Quincy to
SOL and Northwestern to 1Of1s. Specula-
ton closed strong in tone. Net changes
show gains of MQ2B per cent, Jersey
Central and Sugar leading. Pacific Mail
lost Il per cent, closing at 1914. 1t was
stated that the trouble between the Pan
anna road and the company had broken
out afresh. The street had it that freight
is being diverted at San Francisco to the
Southern Pacific. President Simmons of
the Panama declined to talk about the
matter. Bonds were strong. Sales We're
Il. 3O5. COO The sales of listed stocks ag-
eregated 116,3O8 shares, and of unlisted
stocks. 53054 shares.
New York Stock List-CIosing Bids
Stocks and Bonds-American Cotton Oil,
IL: do preferred, 81; Sugar Refinery, 115B
40 preferred, 1857; American Tobacco so;
do preferred, 10i; Atchison, T. and s. F.,
49,: Baltimore and Ohio, 351s; Canada Pa
cifc N. Chesapeake and Ohio, 17ss; Chi
caeo and Alton 1874; Chicago, b. and O.,
so: Chicago Gas. 655s; Delaware, Lacka-
wanna and Western, 1914; Dis. Cat: Feed,
ISL: Erie 1914; do preferred, Is; Edison
General Electric 31%; Illinois Central, s4
Lake Erie and Western, 2lA; do preferred
"a. Lake Shore 1A15; Louisville
aud Nashville 50h; Louisville and
N A. ga; Manhattan, 1865; Memphis
and Charleston, Is; Michigan Central.
e4iS: Missouri Pacific, 235s; Mobile and
ohio 23IS: Nashville, c. and st. L., 60;
Tinted States Cordage, SIS; do preferred.
II: New Jersey Central. 1881; New York
central 97ib New York and New Eng
land. As; Norfolk and Western preferred,
Z; Northern Pacific 4; do preferred, l4t4;
Northwestern, 1914; do preferred, 49,
Pacific Mail, 291s; Reading, lSA;