The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-10-15
THE MORNING NEWS: III URSDAY. OCTOBER Is. 1896

TORY, - Dld, % aSkedf Augusta FACTORY, 20
bid, n asked, eX-div.; Granitevile Factory,
145 bid, $50 asked; Langley Factory, 1903 bid,
l05 asked; Enterprise Factory, common,
80 bid, 100 asked; J. P. King Manufacturing
Company, 100 bid, 10S asked; Sibley Man
ufacturing Company, 20 bid, Is asked; Sa-
vannah Brewing Company, - bid, 70 ask
ed
London. Oct, 14.-Bar silver, 299ld. Con-
soils, 1851 for money and loss for the ac-
count
Paris, Oct 14-Three per cent rentes
lol francs Az centimes for the account.
New York, Oct. 14.-Money on cali was
active at 5Q1O per cent; the last loan was
at 10 per cent, and at the closing was
offered at per cent. Prime mercantile
paper, 6q9 per cent. Bar silver, 6i3sc
Sterling exchange was heavy, with acJ-
ual business done in bankers bills, at
Alq4SlA4 for sixty days and S4.S3A@4.Sl
for demand. Posted rates, A.Sli2d4S4i5
| Commercial bills, $4.79l2G4 SOls. Govern
ment bonds were higher; state bonds were
quiet; railroad bonds We're strong. Silver
| at the board steady
New York, Oct 1.-THE treasury bal
ances were as follows: Coin, $l26617, 1853.
| Currency, S59,473,472
New York, Oct. IA. noon.-Erie 1872;
Northwestern, $685. preferred, 142l5; Lake
| Shore, 1882; Norfolk and Western prefer
| red, 1iA; Western Union, S3lR; Southern
| Railway, common, SIS; Southern Railway,
| preferred, 24l2; American Sugar, 1888; Bal
| tmore and Ohio, 1872; Canada Southern,
As; st. Paul. rs; Rock Island. CO.'S; Della
| ware and Hudson, 12112; Delaware, Lacka-
| wanna and Western, 156; Manhattan, 9l5s;
Michigan Central, 80; New York Central,
| 9O12.
| New York, Oct. 14.-During the early
trading al the stock exchange to-day, the
market ruled active and strong A very
| confident tone characterized the business,
and there was good buying for both local
| and foreign account. Quite a number of
| operators espoused the bull cause, being
| influenced by higher prices for American
| securities in London, large gold engage
ments and the favorable statement just is
sued by the bureau of statistics of the ex-
port trade of the country for September.
| London houses were credited with taking
| fully 10000 shares, principally ST. Paul,
| louisville and Nashville, and the low-pric-
! ed issues. The gold engagements reported
to-day foot up $1,500O00. and according to
| authorities the amount to be shipped this
way by steamers leaving Eu-
rope tomorrow, Saturday and
Tuesday next will aggregate
$1OOOO,OOO The heaviness of sterling
exchange, posted rates having been re-
duced l2c to $S11a and %Si1a is interpre-
| ted as meaning that the movement this
way will continue for some time. This is
! borne ont by the excellent showing mace
! by the trade statistics for September. That
, months increase in the exports of bread
| stuffs, provisions mineral oils and cotton
| is $20,6ll, 1872 as compared with 1895. Imports
| for the same month this year have been
| light and this is also in our favor The
| advance in stock prices during the morn
| ing's session ranged from z ! o 314 per cent,
the Anthracite, Industrials and Changers
| being the leaders Lackawanna rose to
| 1885, Delaware and Hudson. 3A to 1872; Cot
| ton Oil preferred, 215 to 5015; Sugar 15s to
Don pr.1y TeIa to
| Sis, and Chicago Gas, 13s to 6112, Tobacco
was weak throughout, and on attempts to
| realize the price, broke from IS to 71%672k.
| Late in the day money on call suddenly
rose to 10 per cent. bid, and this started
| moderate selling movement. A reactionary
tendency in the coal market had an ad-
! verse influence. Reports of an advance in
| the Bank of England rate to per cent. to-
| morrow and a belief that the st. Paul
| earnings for the second week of october
will be unfavorable also induced realiza-
tons. The decline from the top of the day
was equal TO ~ to rs per cent, the latter
| in Manhattan. A feature of the day was
the heavy offerings of money by Morgan
brokers, after call loans had been bid up
to 10 per cent In the specialties, Illinois
Steel jumped 32l to As; dropped to 401s, and
closed at 41% Speculation left off steady
in tone. Ner changes show gains of Vas
per cent. Tobacco lost 31s and Manhattan
1871 eco shares; including $1,000 sugar, 81
100 ST. Paul and II, 400 Tobacco. Bonds were
strong Sales were heavier than of late,
footing UP 81, 10000.
New York Stock List-ClSing Bids
Stocks and Bonds-American Cotton Oil,
1924 do preferred, 40; Sugar Refinery, 1o7;
do preferred, 95; American Tobacco. 71B;
do preferred, Sc; Atchison, I. and s. F.,
! 1871; Baltimore and Ohio, 141s; Canada Pa
cific, Sc; Chesapeake and Ohio, IA; Chica-
so and Alton, 155; Chicago, Burlington
and Quincy, 69 Chicago Gas 60h; Della
ware Lackawanna and Western 1855; Erie,
Ia do preferred, By; Edison General Elec-
| trio 26% Illinois Central, 80; Lake Erie
and Western, Az; do preferred, 65; Lake
! Shore. 1887; Louisville and Nashville, 43A;
| Louisville and N. A., /; Manhattan, 90l2;
Memphis and Charleston, Is; Michigan
| Central, IS; Missouri Pacific, 1872; Mobile
| and Ohio 161b; Nashville, c. and St. L.,
671h; United States Cordage, Az do pre-
| ferred, 81; New Jersey Central 100; New
York Central, 90h; New York and New
England, As; Norfolk and Western pre-
ferred, Is; Northern Pacific, 1874; do pre-
ferred, 2OA Northwestern, 1sI do pre-
/ ferred 1421b; Pacific Mail, 80; Reading 233s;
Rock Island co., st. Paul. 701A; do pre-
ferred 1875; Silver Certificates, 64s4 Ten
nessee Coal and Iron. 2lA; do do preferred,
| 80; Texas Pacific, 67s; Union Pacific, IA;
Wabash, St. L. and P, 50 do do pre-
! ferred 141A; Western Union, SO; Wheeling
and L. E., 52s do do preferred, 25 South
ern Railway IS. 80; Southern Railway
common, 81; Southern Railway preferred,
24sl.
State Bonds-Alabama A, 100; do B. 100;
do c, 90: Louisiana stamped As, S9 North
| Carolina As, 80; North Carolina 6s, 112;
Tennessee, new set, 3s. 761a; Virginia 6s,
preferred, 8; Virginia Trust Receipts, 51k;
Virginia Funding Debt, 81; South Carolina
/ AS, 100.
Government Bonds-United States As,
REGISTERED, 1O52f; United States IS. cou-
| pons, 1864; United States Is, registered,
/ 92lA; United States As, registered, new,
lis; United states As, coupons, new, 1155s.