The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-08-07


ny. y bid. Is asked; Savannah Brewing
Company. - bid, . asked.
London. Aug. 6.-BaE silver quiet
81 Sled Paris advices quote : per cent.
rentes lo2 francs, = centimes, for the &C
count.
New York. Aug. s.-Money on can was
firm at 2d3ia per cent: the last loan was
at per cent, and at the closing was offer
81 at per cent Prime mercantile paper.
oa6l.- Bar silver, CSC. Sterling eX-
change steady with actual business in
bankers bills at S4.S6is for sixty days. and
S4-es1s for demand, posted rates 81 SSisfI
As. Commercial bills. AS74.. Govern
ment bonds were weak, state bonds were
lower, and railroad bonds were heavy,
Silver at the board was easier.
New York, Aug. 6.-The treasury bal
ances We're as follows: Coin, Sis lie pa;
currency. SIS, 207, 30.
New York. Aug 6, noon.-Erie. 12ik:
Northwestern. Sl1z; preferred. las; Lake
Shore, lS5; Norfolk and West
ern preferred 90; Western Union,
u; Southern Railway common. Z; South
ern Railway preferred. %; American Su-
gar, lois; Baltimore and Ohio. Is; Canada
Southern, 1871; St Paul 65is; Rock Island,
%; Delaware and Hudson, 1179s; Delaware,
LackaWanna and Western, AS; Manhat-
tan. SOS; Michigan Central, 81; New York
Central. sos.
New York, Aug. 6-Stocks to-day were
active and weak, the trading reaching
z45,l0S shares, an unusually large total.
Inc heayiness of the market was due pri-
ers, with absence of bull support. At the
opening London sold heavily of Louisville
and Nashville and other stocks dealt in
abroad. The selling of the western stocks
was attributed to reports Of damage to
crops IN the northwest. while Louisville
and Nashville was depressed by the poor
lratiic statement for July, just published.
Following the selling there was an at
tempt on Changers, Manhattan and West
ern Union by local operators Burlington
ana quincy, as OF late, was the objective
point and the stock made a new low rec
ord selling down to 51A. 1t was again
stated that the directors would be COM
PEELED to reduce the dividend on the stock
The same argument was made in the
case OF Manhattan, and the stock dropped
p TO S4S4. The break in prices dislodged
considerable long stock, and shifting Of
loans followed. These sales added to the
depreSsion.s Money on time also worked
closer and higher rates were predicted.
The failures in mercantile circles and
the suspensions at the cotton exchange
also had their influence with the discour-
aged bulls. The losses in the usually act
i've list follow: Burlington and Quincy,
to 5TA Sugar, 2l5 to 1OOSs; Chicago Gas
to 4Sl2; Northwestern, 2i5 to 80; St. Paul
25s to 637s; Rock Island, 2I5 to Sly; Lacka-
wanna, AZ to 145; Illinois Central, to Sc;
Louisville and Nashville, 21s to 40A Man
haitian, 81; Minnesota Iron, to AZ; New
York Central 2ls to So; New Jersey Cen
trail, IA to 9015; Pacific Mail ~ to 163t ;
Southern railroad preferred, p; Omaha,
Illinois Steel brought 40, against so the
last reported sales for full lots at the
Stock Exchange. rally of 14d1 per cent
ensued during the afternoon, the result
of buying by brokers identified with a
bear operator. At the close, however, the
market was feverish and unsettled Net
changes show losses of Aq2h per cent
Minnesota Iron fell 3 to AZ, and Laclede
| Gas "a to l45. Sugar, which was the most
| active. stock, figured for 80, 400 shares. St
Paul was second with $500 and Burling-
/ ton and Quincy 26 900. Bonds were heavy
The sales amounted to S101S,O0O.
New York Stock List Closing Bids
| Stocks and Bonds.-American Cotton on
| 3; do preferred S9l5; Sugar Refinery, 1OO% ;
| SIS; do preferred, go; Atchlson, T. and S.
| F., 10; Baltimore and Ohio Is; Canada
| Pacific, 56; Chesapeake and Ohio, 121h
| Chicago and Alton, 14S; Chicago Burling-
| ton and Quincy 5Sia; Chicago Gas, 4S5s;
| Delaware, Lackawanna and Western,
| 143; Distilers and Cattle Feeders, 9Z ;
Erie, y; do preferred, "A bid; Edison Cen
eral Electric, 22h; Illinois Central, Sc;
Lake Erie and Western, 1917; do prefer
red. 60A; Lake Shore, 1873; Louisville and
| Nashville, Al; Louisville and N. A, 5jk;
Manhattan, S5i Memphis and Charleston,
/ Is asked; Michigan Central 80: Missouri
| Vile, Chattanooga and st. Louis, 671k;
| United States Cordage, 3k; do preferred,
| 6l5; New Jersey Central, 81; New York
| Central 88l2; New York and New Eng
| land, 80; Norfolk and Western preferred,
l01a Northern Pacific, AZ; do preferred,
1OA; Northwestern, 9O34; do preferred, 14S
bid; Pacific Mail, IL; Reading, 95s; Rock
Island 521s St. Paul. 64lk: do preferred,
119; Silver Certificates, $50; Tennessee,
| Coal and Iron, 1514; do do preferred SOL
| Texas Pacific, 51s; Union Pacific, 81;
Wabash, St. L. and P, ~; do do prefer
red, 1215; Western Union &c: Wheeling and
Lake Erie, ga do do preferred, 10; South
| ern Railway SIS, 80; Southern Railway
common, ga; Southern Railway preferred,
| 1875.
State Bonds.-Alabama A, 100; do B,
| 100; do c, 50; Louisiana stamped As, 90;
| North Carolina AS, 30; North Carolina SIS
| no; Tennessee, new set, 3's TO- Virginia
SIS, preferred, 8; Virginia Trust Receipts
| 4; Virginia Funding Debt, 81; South Caro-
| lima AIS, 95 bid
Government Bonds.-United States AS
| registered 1857; United States As cou-
pons. 1861; United States 2's, registered
| 80 bid; United States new As, registered
| 111%; United States new AS, coupons
11A.