The morning news., 1897-07-27

bid, AZ asked; s;bley Manufacturing Com
pany 6s, lVl bid, IO2 asked.
Factory Stocks-Savannah Cotton Fac
tory, = bid, 25 asked, Augusta Factory
so bid. So asked; Granteviile Factory, 145
pld l5l asked; Langley Factory, 1O4 bid
lOoA asked; Enterprise Factory, common
" bid So asked; ]. r. King Manufacturing
Company, 104 bid. 105 asked; Sbley Manu-
facturing Company, 70 bid, rs asked; Sa-
Nanhah Brewing Company. = bid SS asked.
New Y ork, July 26.-Money on call was
steady at l to per cent; the last loan
was at l12 per cent, and closed at 1I5G2
per cent. Prime mercantile paper 914
per cent. Sterling exchange. quiet but
hrm, with actual business in bankers
olls at A.%Aq4S71a for demand, and at
81. S6AQ4S S61a for sixty days; posted rates
S4S"94S115 and &.SSG4SSt5. Commercial
plils' S4.SaAq4.S5l2, Silver certificates. SEA
o912c Bar silver, Soc. Mexican dollars
4oc. Government bonds We're stronger;
state bonds were quiet; railroad bonds
were strong.
New York, July 26.-The market opened
to-day with draw with the advantages
slightly in favor of the bulls. Local shorts
were helped by London, profit from that
quarter amounting to 10000, thus dispelling
the idea that buying movement might be
expected, because of to-morrow's settle
nleht 10 cover recent supposd short sales
variety of reasons were as
signed for London's pessimistic
views among which were the
senate non-action on the currency
message and the Japanese-H Hawaiian af
talr out more generally it was attributed
10 thelr regarding the effect of the tariff
setuement as already discounted
FTlces IN the local market receded about
point, the Changers especially suffered
on private reports of crop damage The
weak opening however temporarily bene
hted the market, having caused the can-
collation. of such selling orders as were to
De executed at the markets opening TODAY
provided prices were higher Railroads
raised ana then eased off again. Then cron
adVices were. more favorable and widely
uIstrlputed purchases of Changers. stimu-
eu tdteu oy to-days cary advance in wheat
oenehted the general market
Extensive buying. of tobacco on tho lilo
Hhood that the company wouId he frao
from antagonistic legislation, caused All
OF lhe company's securities to rise sbarn-
~ reports OF earnings of the third week
IN July were almost uniformly good. In
some cases the increases We're quite mark
ea' Delaware and Hudson were strong.
elie buyers giving no other reason than
general improvement in the coal trade but
lt was reasoned on the stock exchange
that important developments might occur
az the meeting of the company's directors
Wednesday. The tonnage of Reading for
last week, being the largest for a long
time, brought that company's preferred
stock good support. Tins renewed heavy
puylng, revived old rumors of impending
developments in the Anthracite trade
minneapolis and ST. Louis preferred stocks
We're bid up by the recent BUYERS of Rock
Island, nd all grades of sugar were ad-
Vanced to-day, but sugar stock was subject
70 pear pressure most of the day. After
an early drop of IA, a partial recovery
lt tell again and went below l42 the mar
ket being full of stop loss orders. certifi
Gates were forced to the lowest point of
the day, 1885
The intelligence that a million in gold
would leave Australia on Monday for
America was a significant feature of the
late news, and was a little furry in call
money, 1t being quoted on a small trans
action at 112d2 although there was an
abundance of money loaned at 1 per CEN.
Ihe market closed with irregular changes.
The total sales of stocks for the dav
amounted to 1925 shares. Including
Atchison, $685. Burlington, e. .22O; Manhat
tan, $3.50; Missouri Pacific 16-5l: Missou-
H. Kansas and Texas preferred. 9.O73;
Rea4lng' 1870; Rock Island. SO,O1O; St.
Paul, 4O,46l; Union Pacific, 15059: Amert-
can Tobacco, 46,3O5; Chicago Gas. 145l5.
Sugsr, 1890; Western Union. 8 473
Inc bond market developed aggressive
strength after an early period of heavi-
ness which, however did not depress val
ues appreciaby The demand for issues
OF reorganized properties and those under-
going rehabilitation was very marked
with Kansas and Pacific consols consnic.
uous for rise of 3 per cent Improve
ments elsewhere was also very notable
The aggregate sales were So. 200 900. Gov.
eminent bonds displayed strength on
moderate purchases. The transactions