The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-10-14
FINANCIAL.

London, Oct 1S.-Bar silver, 292ld; con-
soils. 1OS7s for money and 100 for the ac-
count.
Paris, Oct. 13.-Three per cent. rentes,
1O1 francs So centimes for the account.
New York, Oct. 13.-Money on call was
steady at sac per cent, the last loan was
at 5 per cent, at the closing was offered at
5 per cent. Prime mercantile paper, SG9
per cent. Bar silver, 643sc Sterling ex-
change easier. with actual business in
bankers bills at $S1AG4.S1B for sixty
days and $48464S414 for demand. Posted
rates, $4s2G4.S5. Commercial bills, $4,000
4H. Government bonds quiet. State
bonds dull. Railroad bonds higher. Sill
yer at the board was weak.
New York, Oct. 13.-Treasury balances
were as follows: Coin, $126 1898, 1872; cur
rency, $59,269, 423.
New York, Oct 10, noon.-Erie, 49,;
Northwestern, 9sA preferred 1929; Lake
Shore, 1872; Norfolk and Western prefer
red. IA; Western Union, 1915; Southern
Railway, common, IA Southern Railway,
preferred, p; American Sugar, 1914; Bal
timore and Ohio, 1874; Canada Southern,
AZ; st. Paul, 691A; Rock Island, 59A; Della
ware and Hudson, 12O; Delaware LACK aolI
awanna and Western, 1853; Manhattan, S29s;
Michigan Central, 80; New York Central
9Ofa. Speculation strong.
Now York, Oct. 13.-Higher quotations
from London, additional engagements OF
gold abroad for shipment to New York,
and the announcement by Senator quay
of the republican national committee re-
garding the outcome of the presidential
election. were the factors at work in the
local stock market. Lower rates for ster-
ling exchange, and the strength OF cot
ton. corn, wheat and provisions also
had a stimulating influence. The weak
ness of the sterling exchanges encouraged
the hope of a continuance OF gold move
ment this way, especially as the metal
is still commanding a COMMISSION IN lhe
local market Of 5-16d3s for spot delivery.
Importers expected heavy arrivals late
In the week, some estimates putting the
total at S5OOO0JO The developments re-
ferred to alarmed the shorts, and reac-
tionists and the purchases from this class
stimulated the upward movement. COM
mission house business, as OF late was
light. and London did little or nothing.
Tobacco scored the greatest gam selling
I'D from G9i5 to 75h. The rise was again
attributed to manipulation. Rumors OF
an early settlement Of the war with the
company's competitors were again re-
vived Sugar and Manhattan were IN
clined to lag at intervals, but IN the late
trading these stocks moved up with the
general list Sugar first advanced 10
1914, reacted to 1905. and then rose 70
1C7i5. Board room gossip was 20 The ef-
feet that trade conditions were better.
Manhattan at one tine ran Off 70 @1s on
liquidations and finally rose TO 1925. The
important advances Of the day are an
nexed Burlington and quincy, lA; chi
cago Gas. pa: St. Paul, lA; Northwest
ern, ]; Rock Island, lA; General Electric'
10: Illinois Steel 2H; Louisville and Nash
vine, l%; Kansas and Texas, preferred,24;
Missouri Pacific Reading, u.s.; Southern
Railway preferred. IA; Tennessee Coal J;
Leather preferred, "a; Rubber preferred
80; and Western Union. ~ TO S}b. IN
the last hour. the market was more active
and stronger than % any other time OF
the day Speculation N the close was
strong: net changes show gan OF A05H
per cent Total sales We're 1896 shares
Including c2,2g0 ST Paul; 3i.100 Sugar; -
co Tobacco, ana 1859 Burlington ana
Quincy Bonds were strong to-day. The
sales footed up astota OF $999'oOJ