The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-05-01
FINANCIAL.


consols, 1l1as for both money and the ac-
count. Paris advices quote 8 per cent.
rentes, lO2 francs 22l2 confines for the
New York, April 30.-AIoney on call was
easy at 2U2la per cent; the last loan was
at per cent, and closing was offered at
? per cent. Prime mercantile paper 5120
o per cent. Bar silver, Csc. Sterling ex-
change duh, with actual business in bank
ers bills at $iS73sG4SSj4 for sixty days,
and Si@%q4S9A for demand. Posted rates
S4SS12a49c. Commercial bills. $4S704SSSt.
Government bonds We're firm; state bonds
We're dull, railroad bonds were easy; sill
yer at the board was quiet.
New York, April SO.-The treasury bal
ances were as follows: Coin, l26l61, S4I,
currency, $Si, i99373.
New York, April 30, noon.-Erie. Is;
Northwestern, 1855; preferred 148: Lake
Shore $50; Norfolk and Western PREFER
ed, 53s; Western Union SjA; Southern
Railway, common, SIS; Southern Railway,
preferred, 3ll2; American Sugar, 1895; Bal
timore and Ohio, 17l4; Canada Southern,
SOY; St. Paul, 7S5s: Rock Island p; Della
ware and Hudson, l36l2; Delaware, Lacka-
wanna and Western, 15Sla; Manhattan,
100; Michigan Central. 9l1a; New York
Central, 9744. Speculation quiet but steady.
New York, April 30.-The stock market
was a very tame affair again to-day and
the volume of the business was small and
the changes as rule, were confined with
IN narrow limits. After comparatively
steady opening the bears made demon
stratiOn against the market and succeed
ed in bringing about a decline of Z to
per cent. The bears used the talk about
impending heavy shipments of gold
against the market, but their raid brought
out very little long stock and in the af-
ternoon the early sellers turned buyers.
The greatest contest was over Sugar,
which was sold down to 1925 soon after
the opening, when the shorts attempted
to cover the stock rose rapidly to 1888 and
the supply on the way up was disappoint-
ingly small to the buyer. American To-
712s, and closed at 712t. Chicago Gas de-
velOped renewed strength, selling as high
as 703s, and closing at 692 The Changers
nights prices. Among the specialties Met
rOpOlitan Traction jumped TO 1917, while
New Haven dropped TO 10. The trading
Saturdays steamer are still indefinite
None of the bankers have yet concluded
ARRANGEMENTS TO export the yellow metal
although II IS tolerably certain that a
considerable amount will be forwarded
1t is to be remarked that the bankers dis
posing of bills found the market more linn
tied than they had anticipated. The call
upon the depository banks by the treas
ury department for part of the money
deposited with them on bond account it
is expected, will lead to slightly higher
rates of interest the tendency of which
will be to restrict gold shipments. Spec
ulation closed firm in tone. Total sales
We're 1882 shares, including II 500 Sugar,
1850 Tobacco, 1900 Burlington and Quin-
cy and 1890 st. Paul. Net changes, as
a rule, show gains of = to q per cent.
Bonds were dun ana easier. The sales
footed up S931.0 900
New York Stock List-Closing Bids
Stocks and Bonds-Amercan Cotton Oil,
l34 do preferred, 58A; Sugar Refinery,
123al; DO preferred, 103 American Tobacco,
71s4; do preferred. 81; Atchison Topeka
and Santa Fe, 15s; Baltimore and Ohio
II; Canada Pacific, so; Chesapeake and
Ohio, 17i4; Chicago and Alton, 154; Chi
cago, burlington and Quincy, sos; Chicago
Gas $3.50; Delaware, Lackawanna ana
Western, 159; Distillers and Cattle Feed
ers, 1888 Erie, As4 do preferred 365s; Edi-
son General Electric. $685. Illinois Central,
81; Lake Erie and Western 1872; do pre-
ferred 70l4; Lake Shore, 14934; Louisville
and Nashville, p; Louisville and n. A.,
S12; Manhattan, 1O812; Memphis and
Charleston, Is; Michigan Central, 971a;
Missouri Pacific, 27$4; Mobile and Ohio
q; Nashville. Chattanooga and St Louis,
6S; United States Cordage, 5lk do pre-
ferred, 10; New Jersey Central, 1075s; New
York Central, 9S; New York and New Eng
land. 40: Norfolk and Western preferred
12A; Northwestern, 1053s; 90 preferred, 14S;
Pacific Mail, 27A; Reading, 1875 Rock
Island, 7l&4; ST. Paul, 7S1z; do preferred,
12715; Silver Certificates 6S1k; Tennessee
Texas Pacific, 81; Union Pacific, 81; Wa
bash, St. l.. and P, rs. do do preferred,
1873; Western Union, S5%; Wheeling and
Lake Erie, lO1s; do do preferred, S619;
Southern Railway IS, $685. Southern Rail-
way common, 912; Southern Railway pre-
ferred, 3112.
State Bonds-Alabama A, Jos; do B. 1O6;
do c, 100; Louisiana stamped Is 971b;
North Carolina As, 105; North Carolina 6s
124; Tennessee, new set IS, 86%; Virginia
IS, preferred, 5; Virginia Trust Receipts,
6: Virginia Funding Debt, 6lA; South Car
DINA 4l2s, l06.
registered, 1888; United States As. cou-
pons. 1093t; United States IS registered
%; United States new As, registered Ill.,:
United States new As, coupons, 1852.