The morning news. [volume] (Savannah, Ga.) 1887-1900, 1897-02-02
RICE.
FINANCIAL.

London, Feb. bar silver, % 11-16d;
consols, 112 f1-16 for money and 1925
for money and account.
Paris-Three per cent. rentes, 10S francs,
7O1a confines for the account.
New York Feb. Money on call easy
at 1902 per cent; the last loan was at
IL per cent, and at the closing, was at
l12 per cent. Prime mercantile paper 3D
31s per cent. Bar silver, 645sc. Sterling
exchange easy with actual business in
bankers bills at $4SHaG4 S4$4 for sixty
days. and 81. S61b6I4 S6s4 for demand Post
ed rates, $4.S5q4. S71s Commercial bills,
81. S314GI4. SAY. Government bonds strong;
state bonds We're quiet; railroad bonds
were active and higher. Silver at the
board was easier.
New York, Feb. 1.-The treasury hall
ances were as follows: Coin $122, III, 421;
currency, $55,0S0 34S.
New York, Feb. 1, noon.-The sepcula-
tive market was quiet and firm at the fol-
lowing quotations:
Erie ............. 1512 Bait. & Ohio -. Is
Northwestern Jos Can. Southern :. 46
do pref .......155 st. Paul .a.... 1914
Lake Shore ....15214 Rock Island ... 6Sla
Nor & w. pref. 1874 Del. & Hudson. .1O8
Western Union. SAY Del, l.. & VILE
SO. Ky com 912 Manhattan ...... 90A
do pref ....... 1885 Mich. Central -. 80
Am. Sugar .....117A n. 4. Central e. "a
New York, Feb. 1.-The feature of the
udy III Sloch anu uIduc idl circles was the
enormous demand and steady advance in
railway and miscella neous bonds. The
transactions in this department os the
Stock Exchange footed up the large total
of $395S,000, and the business was unusu-
ally well distributed. Foreign. as well az
local houses, We're in the market Tor good
bonds, and in many cases, owing to the
advance in price commission orders could
not be executed. One explanation for
the activity is that capitalists dissatis-
fed with the rates obtained in the money
markets, are seeking other outlets Tor
their funds. To-day, under this buying,
an advance of 1sGr4ls per cent. took place.
The Improvements was not confined TO the
gilt-edge issues by any means. but the
specialties also participated in the up
ward movement. Stocks, on the other
hand. were irregular but In the main
firm. The irregIlarty was attributed to
the desire OF The Senate committee TO
amend the general arbitration treaty.
London firms sold fairly large amounts
OF the international stocks on this ac-
count, and professional operators, short
on the market, attempted to force liquida-
tons Very little impression was made
on prices, except in a few instances Man
haitian. LackaWamla and Tobacco, how
ever, were rather feversh, and did not
receive the support accorded the general
list. There was good buying Of tho North
crn Paciiic's and the new preferred rose
to within a fra elton of 30. Houses with
continental connections were buyers
again to-day Louisville and Nashville
was higher on the favorable report for
December, net earnings showing a gaia OF
S9.3l7. In the industrial group, Chicago
Gas was in rC quest, on the declaration
of another or quarterly dividend of li2
per cent Sp eculation closed irregular,
but in the ma IN. firm. Net changes show
losses of 1409 per cent Western Union,
Northern Pa chc preferred and Omaha,
however, gained isaM per ccn.. Total
sales were ] 5000 shares, including 80 700
Northern Thlcinc, 1850 Burue on, aud
l2CQ0. ST. P;iul. Bonds We're. active and
strong TIN sales footed up Sag5sro0
View Yo-k Stock List, Stocks ana Bonds
at the ClctS ng-1
Am Colt Oh 10 N, G.. a. St H.. e7h
DO pref .,s... 5iib.N. J. Central 1907
Sugar tef ..-.1f7fs y. =. Central a3N
do rr sf ....... 1o3i4.N. y. & ~ e.. IS
Am. T,i5acco .7i Nor. d ". pref. i,7.