The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-01-16

mess in bankers bills at s4S7IkG4S72s for
60 days. and s4s9d4 .SsA for demand. Post
ed rates, Si.SSq4-Ssls. Commercial bills,
SAS65l G4S7l4
bonds were dull; railroad bonds were firm
Silver at the board was higher.
New York, Jan. l5.-The treasury bal
anees We're as follows: Coin, Ss2,si6.2sS;
New York. Jan. Is. nOOn.-Erie. las;
Northwestern, $50; preferred, 142is; Lake
Shore, l443s; Norfolk and Western pre-
ferred. 6lz; Western Union. "a; Southern
Railway common. 9ls; Southern Railway
preferred, 29s; American Sugar, 1O2l4;
Baltimore and Ohio lSis; Canada South
ern, 46is; St. Paul. 691a: Rock Island. 81;
Delaware and Hudsrn, 126; Delaware,
Lackawanna and Western, 16S; Manhat-
tan, 9S5k; Michigan Central 95lb: New
York Central, 97iz.
New York. Jan. 1.-THE great topic of
discussion in financial circles to-day was
the dissolution of the Morgan bond syn
dictate. The dissolution of the syndicate
would have had an Important bearing on
the market for securities had it not been
for the manner in which the head of the
combination of bankers and capitalists
handled the matter. Mr. Morgan's ex-
pianatory circular, which accompanied
the official notice of the retirement of
the syndicate from the field, set at rest
any doubts that may have been enter
tanned that the New York bankers were
not heartily in favor of making the new
loan a success. This much being settled,
Wall street returned to its usual routine,
and is now concerned only in knowing
how the payments for the new bonds are
20 be made without disturbance to the
money market 1t is intimated from
Washington that this will be provided
for, but no notifications of the original
circular is likely until after the closing of
the subscriptions books on Feb. next.
The opening of the market was strong,
especially for the international issues
A period of hesitancy followed. traders
being unable for the moment to judge
the effect of the ratsruption of the bond
syndicate. London then came in as a
moderate buyer of its fancies, and an adj
vance of Aqlis per cent. followed in the
active issues. Illinois Central, Rubber,
preferred and Northwest preferred, how
ever. which are rarely dealt in. gained "a
So per cent. Speculation then dragged
and prices yielded slightly all along the
line until near the close of business,
preferred and Chicago Gas, were marked
up rapidly. Leather preferred, which had
sold at o1ts, rose to SOC, while Chicago
Gas advanced from 645s to Sc. Sugar also
recovered to 1O2Ss, after declining from
1O3ss TO 1913. The sharp rise in Leather
and Chicago Gas, which was due princi-
pally to covering of short contracts, ex-
erted a favorable influence On the gem
eral market, which closed firm to strong.
Business, however, was extremely light.
Net changes show advances of L615 per
cent. in the active railway list, and gains
of 1sq27s per cent. in the Industrials. Su-
were strong. Sales footed up 100000
The sales to-day of listed stocks aggre-
gated lO2,0n shares and unlisted stocks
New York Stock List-Closing Bids
Stock and Bonds-American Cotton Oil,
16l9 do preferred. 64&; Sugar Refinery. 1O2;
do preferred, 96A; American Tobacco, so:
do preferred, 102; Atchison, Topeka and
Santa Fe, 149s; Baltimore and Ohio, az;
10; Chicago and Alton, 1853; Chicago, Bur-
lington and Quincy, 75b; Chicago Gas,
65B; Delaware, Lackawanna and West
ern, 161; DiStilling Cattle Feeding, 1914;
Erie, l4A; do preferred, 2Slz; Edison Cen
eral Electric, rs; Illinois Central, IS; Lake
Erie and Western, 1912; do preferred, 71l5;
Lake Shore, 14S; Louisville and Nashville,
45ls; Louisville and New Albany, S12 Man
haitian, 80; Memphis and Charleston, 10;
Michigan Central 50; Missouri Pacific.
tanoooga and st. Louis, 65; United States
Cordage, 59s; DO preferred, 10A; New Jer-
sseey Central; $50, ex; New York Central.
Norfolk and Western preferred. 6is;
Northern Pacific s.; do preferred, 1898;
M .9r IVES oa sSs 90 preferred IA; Pa
66A; St. Paul, 69A; do preferred, 1253i
Silver Certificates, 679s; Tennessee Coal
Pacific, s.. Union Pacific, 4; Wabash, ST.
Louis and Pacific So; do do preferred,
16%; Western Union. SS2; Wheeling and
Southern Railway IS, 9i1h; Southern Ra Raft,
way common, 92s; Southern Railway pre-
State Bonds-Alabama A. 1881; do B.
1857; do c, 1912 asked; Louisiana stamp
ed AZ, 49,; North Carolina As 1O2; North
Carolina 6s, 100; Tennessee, new set, Be-.
81; Virginia 6s,. preferred, 51s; Virginia
Trust Receipts, 6; Virginia Funding Debt,
60; South Carolina fAs, 105
Government Bonds-United States As.
registered, 1882; United States As cou-
pons, 1OSA; United States Is, registered, Sc.
MISCELLANEOUS MARKETS.
Bacon-The market is firm. Smoked
clear sides, SIC; dry sailed clear rib sides
SIC; long clear, none; bellies, sac; sugar
cured hams, lie.
5O-pound tins, 65sc; compond in tierces
5Ssc; in 50-pound tins, 55sc.
Butter-Market steady; fair demand:
Goshen, 15c; gilt edge. 19c; creamery, zoe;
Cheese Market dull; sI4a11c; fancy. full
h-Mackerel@Haif barrel N tveTa & n.
No 2. 500; No. 8. csc. Goldfish. i-po oid
herrings, per box, 2Oc Dutch herrings in
kegs, $l.60. New mullet, half barrels S3 59
Salt-Demand. is fair. and the market nS.Sst
2OO-pound sacks, 4Sc; Virginia l25-p6Und
burlap sacks, s2c: ditto, 125-pound COTTON
sacks, S5c: smaller lots, higher. '''4i
Syrup-Market quiet; Georgia and F'lo-
ida syrup, buying at &c and selling at BAN
csc; sugar house at 1SQ32c; Cuba strafghf
goods, 2SqSOc; sugar house molasses, i5i5
Tobacco-Market quiet and steady.
smoking domestic. 22q6Oc; chewing, com,
mon, sound, 24427c fair. 23a35c; good. 3s6a
48c; bright, GOOSE; fine fancy 65STS0c: e eXg
ira fine, $1.0Oq1. Ia; bright naVies. 25Si5c-
Sugar: Equality quotations; SAVANNAH
prices-.Cut loaf, $500; crushed, 5,S0c; pow
dered, 5.43c; xxx powdered, 5.56c: stan
dard granulated, ,5.1Sc; cubes. 5.43c; mould
A, 5.43c; diamond A. 51Sc: confectioners'
A, $685. white extra c, 4S0c; extra q
4.74c; golden C. 4.55c; yellow. 4S6c Tone
firm.
Coffee-Steady; standard No. /, zoe: No
2, 1912c; No. 8, 19c; No. 4, 1S12c; No. 5'<1sc:
No. 6, lie; No Z, Ice
Flour-MarKet steady; patents, $40.
straight $500; fancy, $3.50; family, $3.50
Corn-Market is steady; white corn. lob
lots, 4sc; carloads lots, 43c; mixed corn.
Job lots, 45c; carload lots, 42c; cracked
corn, job lots, size sack.
Oats-Carload, zoe; job lots, 33c; Texas
rust proof, Soc: Georgia, Coo.
Bran-Job lots, eOc; carload lots. Soc
Hay-Market steady; western lob lots
S100; carload lots, CSC.
Meal-Pearl, per barrel, $3.50; per sack
CSC; city meal, per sack, 85c; pearl grits
per, barrel. $3.50; per sack, $l.OO; grits, per
sack, 95c.
Wines-Domestic port. sherry, catawba
low grades, G0dS5c fine grades, SI.O06ii 81
California light muscatel and angelica,
Liquors-Market firm: high wines
basis. Sl.22; whisky, per gallon, rectified
,of,4