The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-10-11
CORRESPONDENTS SOLICITED.

sixty days. sis4.
market is steady. Banks are buying at
BIG per cent. discount and selling AT mar
W to $500; for $500 and over, l-16 per cent.
Securities-Market, fair demand for
railroad securities, but limited offerings.
Stocks and BOnds-State Bonds-Geore,a
3l5 per cent. bonds, of 1880, l0l15 bid, lO2l5
lOlA bid, 102 asked; Georgia Az per cent
bonds, 1915, Hale bio, lilo asked: Georgia
Smiths, maturity 1886, 1O3 bid, IO4 asked:
South Carolina 4i2s, l07 bid 1882 asked
City BOnds-Atlanta per cent. los bid
- asked; Augusta 7 per cent. 11S bid. iii
asked; Augusta per cent, ITO bid, III
asked; Columbus per cent, 104 bid. -
asked; Macon 8 per cent, lis bid 116
asked; Savannah per cent. quarterly
January coupons, l07 bid, 107ia asked; Sa-
vannah per cent, quarterly November
coupons, 1914 bid, 1913 asked: harleston
As, IS bid, SO asked.
Railroad Bonds-Savannah, Florida and
| Western railroad general mortgage bonus
6 per cent. interest coupons, 114A bid -
asked; Atlantic and Gulf first mortgage
consolidated per cent. coupons, January
and July maturity, 1897. 10i bid los asked:
! Central consolidated mortgage Z per cent.
coupons, January and July maturity. 1898,
126 bid, asked; Central Railroad and
Banking Company collateral gold 5s 96lb;
bid, - asked; Georgia railroad IS 1910 iii
] bid. III asked Charlotte, Columbia and
Augusta first 5s, l07S4 bid, 1851 asked;
Charlotte, Columbia and Augusta second
mortgage Is, 1l6 bid, asked; Montgom-
Endorsed
Southern and Florida first mortgage Der
cent. trust receipts, 1872 bid, 10 asked:
Georgia, Southern and Florida new SIS 80
bid, 100 asked; Savannah and Atlantic SIS
Endorsed, 80 bid, - asked; South Georgia
and Florida first mortgage Is los bid,
l09 asked; South Georgia and Florida sec
ond mortgage Is, 107 bid, - asked SaVan-
nah and Western 5s, trust certid cafes in
dorsed by Central railroad. 62l5 bid So
gomery IS. AZ bid, As asked; ocean
Steamship per cent bonds, 1920 81 bid q9
asked; Columbus and Rome nrst, indors-
ed, 6s bid, 81 asked; Columbus ana
Western 6 per cent. frsts, guaranteed. lis
bid, - asked; Augusta and Knoxville rail-
road Z per cent. first mortgage bonds.
115 bid, - asked; City and Suburban rail-
road first mortgage per cent. bonds -
bid, 81 asked; Electric Railway 5s due 1895
% bid, 80 asked; Alabama Midland 5 per
Railroad stocks-Augusta and savan-
/ nah, $40 bid, Sc asked: Central common
! 10 bid, 10 asked; Georgia common, 100
bid, 10 asked; Southwestern, 902i bid, 9llh
asked; Central 6 per cent. certificates
/ q bid, 2ii5 asked; Atlanta and West
Point Railroad stock, 80 bid, 1907 asked:
| Atlanta and West Point per cent GER
tificates, 99la bid, 100 asked
Gas Stocks-Savannah Gasight stock
2Ols bid q asked; Electric Light and Pow,
er Company, 60A bid, 81 asked
Bank Stocks, Etc.-Citizens' Bank 107lh
bid, 10S asked; Chatham Bank, as bid,
1917 asked; Germania Bank, l06 bid, 1861
asked; Merchants National Bank 103
bid, 1881 asked; National Bank of sa-
vannah, 1873 bid. 1874 asked: Oglethorpe
Savings and Trust Company, 99Jb bid. 106iS
asked; Southern Bank OF the State OF
Georgia, 1874 bid, 165 asked Savannah Bank
and Trust Company, 1914 bid, 10S asked (;
Chatham Real Estate and Improvement
Company A, SO bid 5312 asked; b. 5O2t bid
5lA asked; Savannah Construction Com
pany, n bid, 1917 asked; Title Guarantee
and Loan Company, 80 bid, IS asked.
Factory Bonds-Augusta Factory IS,
10l bid, 103 asked; Sibley Factory IS, 10l
bid, 102 asked; Enterprise Factory IS, 1921
bid, 1882 asked; Eagle and Phoenix Manu-
featuring Company per cent. bonds, IS
bid, 30 asked
tory, . bid. IS asked; Eagle and Phoenix
Augusta Factory, IS bid IS asked: Gran
itevile Factory, $50 bid, - asked; Langley
Factory. 10i bid, 105 asked; Enterprise
Factory, common, 80 bid 90 asked; ]. p
King Manufacturing Company 100 bid, 10S
asked; Sibley Manufacturing Company
"a bid, 76 asked; Savannah Brewing Com
pany, 81 bid, 9l15 asked.
New York Oct. 10.-Money on call was
firm at 11212 per cent; last loan was at
2 per cent, and at the closing was offered
at per cent. Prime mercantile paper
545l2 per cent.
Sterling exchange, firm with actual bus
mess in bankers hills at $4S61aG14. S624 for
sixty days, and S4.S714@4.S71s demand; post
ed rates. $4.S7Q4.SS. Commercial bills,
$4S51zG4S6.
Government bonds, firm: state bonds
were dull; railroad bonds were irregular
Silver at the board was a shade lower.
New York, Oct. 1O.-The treasury bal
ances were as follows: Coin, $92, $50 POI; ;
currency, Sl04, 1881.
New York, oct. 10, noon.-Erie. 11A;
Northwestern. l05; do preferred, 147; Lake
Shore, 150ia; Norfolk and Western, pre-
ferred, IA; Western Union, 1924; Southern
Railway, common, 1234; Southern Railway
preferred, 3SA American Sugar, 1924;
Baltimore and Ohio, 81; Canada South
ern, 55h; St. Paul, 761k; Rock Island, 77K;
Delaware and Hudson, 1919; Delaware,
Lackawanna and Western, 169A; Man
haitian, 1l012; Michigan Central, 1909; New
York Central, 1914.
New York, oct. 1O.-Stoeks to-day were
irregular and the transactions smaller
than of late. the sales footing up only
504 shares. In this total Chicago Gas
figured for 81 100 shares, St. Paul for "A, 800
and Sugar for IL 400 shares. In the early
trading the tendency of prices was up
ward and an improvement of Il to IA per
cent. took place. In the rise Union Pa
cific, the Changers. Sugar, Missouri Pa
cific and Chicago Gas were most promi-
nent. Union Pacific sold up to 1874 and
the securities of the subsidiary lines in
the system were also in better demand
on reports that new reorganization
committee is to be formed shortly. st.
Paul and the other Changers were fav-
orably Influenced by the splendid report
for the former company for the first week
of October The new deal with the wes-
tern grocers helped Sugar and the stock
group was of small proportions as opera
tors are all at sea regarding the outcome
of the negotiations now on foot1ooking to
a settlement of the western rate war
The advices from Chicago to-day about
the matter were anything but peaceful.
Bulls felt encouraged and the belief was
that the Trunk line people will devise
means for the better maintenance of
rates. The advance in the prices of An
thracite coal by the Jersey Central had a
good effect, especially as it was reported
the companies intended to put up rates
again in the near future. In the after
noon, an operator who was MOnspicuous
in the break in General Electric a couple
of years ago was given up as a seller of
Chicago Gas and other active issues. The
result was a decline of Z to 1ss per cent.
Chicago Gas, Louisville and Nashville
Atchison. the Changers. Reading and Ten
nessee Coal and Iron suffering the heav-
lest losses Louisville and Nashville was
sold down to 60s4 on the poor government
cotton crop report for October. Shorts re-
duced their lines somewhat which impart-
ed a steadier tone to the market Net
changes show losses of MQla per cent.
Leather, preferred howe yer, fell from
S37s to e15z0S2, on sales by holders who