The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-08-13

trail, 80 asked; New York Central, 80.
Speculation dull and featureless.
New York. Aug. 12-StOcks to-day were
lower. The feeble response by London 10
the sharp advance here yesterday was
a disappointment 10 the professional ele-
ment. and as the foreign houses were
sellers 10 the extent OF nearly l5.o00 shares,
the entire list ran on anywhere from
= 70 per cent. Local traders, who turn
ed bullish yesterday, finding little de-
mand Tor stock. also sold. and, in the
absence Of support, the decline noted was
quickly accomplished. The heaViness or
Manhattan was a special feature of the
days operations The stock opened = per
cent. lower at 7S4. broke to 7fi4. rallied
10 75ia, and closed at lowest figure. The
reports current for a long time about
the loss Of passenger traffic. new extern
sions by the surface railroad. and prOba-
bic reduction in the dividends 10y the COM
pany were revived again to-day, and with
euect, so Tar as the price or Manhattan
is concerned. In the railway list Louis
Vile and Nashville dropped about 2
points. the loss in earnings for the first
week Of August having had an unfavor-
able effect. Reports OF troubles IN com
mercial circles and the assignment OF an
old member Of the stock exchange, helped
the bears in their work Of depressing
prices. There was no pressure TO sell,
however, and the decline was generally
credited to manipulation. The falling of
in business. the sales having fotted up
only $50 ll2 shares, was attributed 10
acceptance at the Madison Square Gar
den. In the closing transactions the mar
ket was weak In tone, the result or the
break in Manhattan. Speculation left on
weak! Net transactions show losses Of
Z to 3 per cent. Sugar. which was most
active. figured for A, 100 shares. Bonds
were irregular but in the main lower.
Total sales were $4,000.
New York Stock List Closing Bids
Stocks and Bonds-American Cotton OIL.
81; do preferred. IS; Sugar Refinery, 9SSs
do preferred, 81; American Tobacco, 54l4;
do preferred. 50: AtchisOn, Topeka and
Santa Fe, 101s; Baltimore and Ohio. 1873;
Canada Pacific, 55A; Chesapeake and
Ohio, l25s; Chicago and Alton, 146; Chica-
go, Burlington and Quincy, ssh; Chicago
Gas, 1914; Delaware, Lackawanna and
Western. 13S; Distillers Cattle Feeders, g.;
Erie, liz; do preferred, 80 asked; Edison
General Electric, 3; Illinois Central, So:
Lake Erie and Western, l234; do preferred
IS: Lake Shore, 1876; Louisville and Nash
vile, 40; Louisville and n. A, 81; Man
haitian, 4z; Memphis and Charleston, Is
asked; Michigan Central, 80 asked; Mis-
souri, Pacific, 1875; Mobile and Ohio, "a;
Nashville CHATTANOOGA and St Louis,
67la asked; United States COrdage, 3la do
preferred, ga; New Jersey Central, 1912;
n Y. and n. e, So; Norfolk and Western,
preferred, ia; Northern Pacific, 81; do
preferred, III; Northwestern. S9Is: do
preferred, 14S; Pacific Mail, III; Reading.
9; Rock Island 5l&; St. Paul. 62st; do pre-
ferred, 120; Silver Certificates, ga: Ten
nessee Coal and Iron, 15Z; do preferred,
80 asked; Texas Pacific, 81; Union Pacific
5la; Wabash, st. L. and p, AZ; do pre-
ferred, 1875; Western Union 1854; Wheel
ing and l.. e., 5A do preferred, p: South
ern Railway SIS. 80; Southern Railway,
common, Z; Southern railway, prefer
red, Is
State Bonds-Alabama A, 100 bid; do 3.
100 bid; do c, IS; Louisiana stamped As.
80 bid; North Carolina As, 95; North Car
DINA 6's 10 bid: Tennessee, new set 3's.
% bid; Virginia 6s, preferred, 5; Virginia
Trust Receipts, 4; Virginia Funding Debt,
So; South Carolina 41as, 971k
Government Bonds-United States as
registered los; United States As, coupons.
l06 United States 2s, registered, 911S bid
United States As. new, registered 112;
United States As, coupons, new, III.