The morning news. [volume] (Savannah, Ga.) 1887-1900, 1897-07-15


at per cent; closed at per cent. Prime
mercantile, S43i2 per cent. Sterling eX-
change steady with actual business in
bankers bills at $4S7l4 for demand, and
A.S61t for GO days; posted rates. A.S6Gf4.S $50
and 4.SSlA Commercial bills. $4.S5Ia. Bar
silver. 6JlSc. Mexican dollars. 47c. Gov
ernmeni bonds were steady; state bonds
were dun: railroad bonds were dull.
New York, July 1.-THE Evening Posts
London financial eablegram says: There
was a better tone and a slight increase of
business in the stock market despite the
Henley attraction. The stimulus partly
came from the declarat ton of good divi-
tlends by some of the home roads Con-
OILS and other investments were strong.
Fhe squirt in Americans mainly represents
the New York initiative and dealers here
are inclined TO take quick profits until
there are more signs of public buying. The
close was under the best. Mines were
firm. They are undoubtedly being again
supported by capitalists, although a renew
al Of the boom is not looked for by most
traders. CHILEAN bonds, which have been
especially fiat recovered on a reassuring
cable to the Rothschiids as to the coun-
trys finances. The Paris bourse was ir-
regular. the feature being rise in tin
and copper. The Berlin market was
steady"
New York July 1.-THE security market
continued to exhibit strength on widely
distributed dealings. The Changers, the
usual market barometer on favorable crop
advices scored marked gains st. Paul
common crossed So, which price it has not
touched in ten years. The preferred also
made a rev record reaching 1403s, while
Northwestern preferred equalled yester-
days top price record of 165. London I'M
eXpectedly changed its attitude on St.
Paul to-day from a persistent seller TO
buyer and marked it up 9, above the
MoVv XNYsr yfxrsyla laws 1IOc
This was regarded as foreign covering of
shorts. The coalers Weakened up from
their accustomed lethargy, repeated yes
terday's progress to a higher plan of
values. This was largely in sympathy
with the Philadelphia market for Lehigh
Valley Reflection over night had con-
WINGED the traders that with the disap
pearance of Lehigh Valley an independ-
ent factor in the coal market, this trade
would be managed in such manner as to
produce the best results for the interested
corporations as lesser companies would
find il prof table to work in sympathy
rather than assume a hostile attitude.
Thus they argued would be accomplished
a harmony, where previous schemes OF
the past, including central selling agen-
cy and a Reading lease of other compan-
les had failed. Then the soft coal strike,
If it continues, will cause an increased
demand for the hard product. Susquehan-
ma and Western preferred passing "a easily
led the advance in this group on rumors
gradually becoming more definite that the
stock was being purchased for control by
another coal road. Wheeling and Lake
Erie preferred and Cleveland Lorain and
Wheeling preferred were bid up a point
each, while Hooking Valley also improved.
Thus the action of the bituminous coal
roads indicates a marked belief that the
strike will rehabilitate the entire industry.
On enormous transactions, Sugar alter
klHu III
orable news percolating from Washington
The delay in announcing an agreement by
the conference committee was taken as
confirmation of opposition on the part OF
House leaders to any yielding to the Sen
ate conferees. The stock opened down
about point, f1uctuated widely and closed
at about initial figures. Friends of To-
bacco advanced it 2b and the script 3, Civ
ing as a reason that the stock had not
yet gone upward with the general move
ment. The Gould shares were stronger
East River Gas rose 615 to S41s, a record
price. The market closed as it opened,
active and strong at moderate general i'm
provement, more notable among the spe-
cialties. The total sales of stocks to-day
were 27S,100, including Chicago, Burlington
and Quincy, 1850; New York, Susquehan-
ma and Western preferred, II $3.50; New Jer-
sey central, 5,2S8; Northern Pacific pre-
terred, $685.; Reading, 15,600 American To-
bacco, 1,19S; Chicago Gas, 500; Sugar. 40, -
1888.
Trading in bonds We quite animated,
the aggregate sales slightly exceeding 49,
100000. The bulk of the transactions was
centered in the low-priced securities with
a decided inquiry apparent for the Oregon
Short line issues. Government bonds were
generally firm, with transactions trivial
Bond List.
US. IS reg. new.i2I7s Erie ends ........ 65
do As cou.new l2i%i G. H. & S. A.
40 es' Ves.-''..4Lt2s os ...............l0S
DO IS, cou..... l11%i do do Is lilo
do as reg......1l1%I FL. & II. Cent
90 as coa....-ll2 IS .............. 1895
do Is, reg. 96ial do do 6s ...1O6
Pacific 6s, IS. .l0lIbl NJ X e. T. lst
Ala, class A....106 As ........A
40 90 B......ll4 do End As ....... 60A
40 40 C........ ~ Nut. Union 6s....1W
do currency IS N. J. Cent. gen.
La. new con. As. 96 IS ............ l21b
MO 6s '..........10O North. Pac. lists. 1853
N. u os ..''.....16 DO DO 2nds IS
do do 4s.......I02 Northw. con ..146
3. c. non-fun... Il do s. f. deb. 5s.1171s
Tenn new set IS. So Rio G. W. lists TIA
do do 5s .......1O5 st. Z. con- U.s.. 1863
do old ISL. Cd do c. & Z. w.
Va. centuries 81 IS ..............li-3t
do deferred st. l.. & 1. NJ.
Atchison As ..... S8Is gen. 5s ........7 70
do End A ...... JOlal st. l.. & S. Il.
-. 30. SuuS ......Ib gen. bS .........l l3A
l.. & ~ uni. As. SOY Tex. Pac. lists. 92ss
South. Ry ...5s 30 do ends Pr
c. Pac. lists, '95. l0lh u. p. lists, '9s iOS24
d. g. r. G. Is. 10 w. Shore. As. 1891
do do As ....... $50 b. g. o. Southw.
Pacific IS, IS. ..10lh In. series Bill
Pacific IS, SO. ..10i1sl r. g. ID. IS ...... 90
S. c. AIS .......103 r. & ID. 6s ......l22
Virginia 3s $50. 75tz ". J. Cent. con.
c. e. Ohio As. no reg .............ll0
NJ. & Ohio 4s... c9A Chi. North Pac
b. e. o. Southw. IS Il. II ........ 427s
LIST con, zAs... 571s Northw. gen. Gsl23l4
b. a. o Southw. Z. a. Read. gen.
In. series A.. 20 mort. a. ....... S2at
b. & o. Southw. n. g. West. As .. 1874
do do 4s........ ssid
Closing Stocks.
Atchison ....... 1888 ". Y. Central. lOl&
Adams Ex ......i62 ont. & VEST. ~
Am. Express ...1l3h ore. Nav ........ 20
Il. * . ......... .. q l.. g. u.