The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-02-28

in Baltimore and Ohio OF per cent. on
dealings OF 1850 shares. The break in
me stock was due TO rumors that the
company VIII default on its March IN
terest; that a receivershin IS imminent:
and that new bond issue is likely at
any time. Late in the day bankers, who
nave lately taken an interest IN the prop
erty, emphatically denied the unfavOr
anle reports referred to above, and Presi-
dent Cowen stated that according to the
experts examination which had been
completed, the condition OF the company
Is as represented to the board of direc-
Tors on Feb. ], ls96. He also said that the
plans for the rehabilitation Of the prop
erty has progressed so far as 10 meet
With the approval of the directors, and
VIII be ready for announcement in a short
Time Leather preferred was decidedly
weaker and on sales of nearly 5000
shares, dropped per cent. to 6l4t. closing
az the lowest point of the day. The pass
ing OF the dividend had an adverse infiu-
ence Tobacco. after breaking to 17ia. sud
denly jumped to 79l4c, and closed at 7S24.
sugar was sold down from ISIS to u6ls,
Ialled 10 lS3salf&t- The break in Baltl-
more and Ohio weakened the general rail-
way list Tor a time, but in the late trad
ing the sold-out bulls and bears made ef-
forts TO recover their stocks. Prices i'm
proved, but near the close. when Leather
preferred dropped TO its lowest point. the
market weakened and left of about
steady in tone. Net changes show gains
OF Aul% per cent. Leather preferred lost
1, and Baltimore and Ohio "a per cent
Bonds were lower The transactions
ed stocks to-day aggregated IA, 542 shares,
and of unlisted 1883 shares.
New York Stock disclosing Bids
Stocks and Bonds-American Cotton Oil,
Il; do preferred, 62: Sugar Refinery. 1172t (;
do preferred, l02; American Tobacco. 1854 (;
do preferred, 1914 AtchisOn, Topeka and
Santa Fe, IL; Baltimore and Ohio. 27i5;
Canada Pacific. 56l2; Chesapeake and Ohio,
li%s; Chicago and Alton. 155; Chicago, Bur-
lngton and Quincy. s0ls Chicago Gas,
S9s; Delaware, Lackawanna and Western,
1917; Distilling Cattle Feeding. 1917: Erie.
l6l4; do preferred, 2Sl2; Edison General
Erie and Western. 2114; do preferred. 1873. !;
Lake Shore, 1854; Louisville and Nash
vile, 5S3s; Louisville and New Albany, 9l2:
Manhattan, lO5&; Memphis and Charles
ton, 10; Michigan Central 80; Missouri
Pacific, 233a; Mobile and Ohio. %; Nash
vile, Chattanooga and st. Louis. 70; Unit
ed States Cordage, SIS; do preferred, Il;
New Jersey Central. 1913; New York Cen
trail, So; New York and New England. a;
Norfolk and Western, preferred, s; North
ern Pacific, AS; do preferred, 16; North
western, lO4ls; do preferred, 145; Pacific
Mail, %2; Reading, l27s; Rock Island.
yer Certificates, 6Sss; Tennessee Coal and
Iron, 1898 do do preferred 100: Texas Pa
cific, SIS; Union Pacific, rs; Wabash. St.
Louis and Pacific, IA; do do preferred.
Lake Erie, 11l5 do do preferred, 37Is;
Southern Railway 5s, 90: Southern Rail-
way common, 10; Southern Railway pre-
ferred, 32L.
State Bonds-Alabama A, los; do B. 1Os;
do c, 100; Louisiana stamped As. 80; North
Carolina As, 1l3s; North Carolina 6s, 122;
Tennessee, new set, IS, So; Virginia Is,
preferred. 51s; Virginia Trust Receipts,
1 Carolina 41as, 1885.
Government Bonds-United States As.
registered, 1G91s: United States As, cou-
pons, 10; United States Is, registered, 49,