The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-09-17

Gas Stocks-Savannah Gas Light stock,
20 bid, Il asked; Electric Light and Power
Company. So bid. SO asked.
Bank Stocks, Etc.-Citizens Bank. 10
bid. Ill asked; Chatham Bank
46la bid, AZ asked: Germania Bank,
107 bid. 10-lk asked; Merchants
National Bank, 80 bid, s11a asked; National
Bank of Savannah, 129 bid. 13l asked;
pany. 1872 bid, 1903 asked; Southern
Bank of the State of Georgia, 1863 bid,
I'll asked; Savannah Bank and
Trust Company 1903 bid, 1O4 asked.
Chatham Real Estate and I'M
provement Company, a, SO bid. 81 ask
ed; b, so bid, 90 asked; Peo-
pies Savings and Loan Company, 80 bid,
81 asked ex-dvidend.
Factory Bonds-Augusta Factory IS, 102
Did, 1OS asked; SiLley Factory IS, 100 bid.
lOl asked; Eagle and Phenix Manufactur-
asked.
Factory s.oclks-savannah Cotton Fac
n bid, 50 asked, ex-div.; Granite vile Fac
tory, l45 bid, $50 asked; Langley Factory
los bid, ITO asked; Enterprise Factory,
common, 9S bid, 102 asked; j. +.
King Manufacturing Company. 105 bid, 10S
asked; Sibley Manufacturing Company, rs
bid, Is asked; Savannah Brewing Com
pany, - bid. 70 asked.
London, Sept. i6.-Bar silver, SO1sd. Con-
soils, 11Od, for both money and the ac-
count
New York. Sept 16.-Money on call was
| firm at sal per cent; the last loan was
at per cent, and at the closing
was offered at per cent. Prime mer-
camille paper, Sd10 per cent Bar silver,
| G51sc. Sterling exchange duh with actual
business in bankers bills at $4.S1G4S2 for
| sixty days, and $4SS24 d4S4A for
| demand Posted rates, $4.S2d4S41a.
Commercial bills, &.SO1sa4s1A. Govern
ment bonds weak; state bonds were dull.
Railroad bonds were easier. Silver at
| the board was higher.
New York. Sept 1.-THE treasury bal
ances were as follows: Coin, 1923, 091, 46S;
currency, S67,3O4, 400.
| New York. Sept. 16, noon.--Erie, 1919;
Northwestern, 9715; preferred, 40; Lake
| Shore, 142A Norfolk and Western, prefer
Railway common, Z; Southern Railway,
| preferred, 20% American Sugar, 1903; Bal
| timore and Ohio, 1874; Canada Southern,
! 44l2; St. Paul. 6924 Rock Island, 5S12; Della
ware and Hudson, 100; Delaware, Lack
| awanna and Western, 1872; Manhattan, 50;
Michigan Central 81; New York Central,
| 9l&. Speculation dull, but firm.
| New York, Sept. 16.-Lower prices were
the rule at the stock exchange to-day. Pro
| fessional operators were bearish to a man
and, under offerings from this contingent
| the market gradually declined. There
| Was Ullie news dHOdI 10 dueCl NdlueSi
and the decline brought about was due
principally to the selling by the traders
who have been predicting reaction for
some days past. Money on call was more
| difficult to obtain and per cent. was
paid in isolated cases. Bankers were in
| clined to refuse local borrowers on stock
| exchange colaterals, for the reason that
the demand from the west and south was
more than enough to absorb their idle
! balances The firmness of the money mar
kent, coupled with the activity of the
bearish element, forced holders of stocks
on slender margins to lquidate. The cas-
Ter condition of discounts in the open mar
ket in London and private cables to the
effect that the Bank of England directors
may not advance the bank rate on Thurs
day was lost sight of, or at any rate was
ignored Sugar was the active stock on
the list, figuring up for 81, 400 shares in
total of POI, 1854 shares. The stock was ham
mered down from 1l11a to 1852, eX-dividend
of per cent and brokers alleged to be
acting for lower Wall street interests
were given up as the largest sellers. The
stock had little support, and closed at
1O9Is, a loss of nearly 2 per cent. on the
day U.ner important declines follow; To-
bacco sold down 112 to 5S7s; Burlington and
Quincy IA to 649s; Chicago Gas, IA to 5612;
st. Paul, IA to 6S1a; Rock Island, 19s to 81;
Manhattan, Is to STA; Kansas and Texas
preferred, IA to 2014; Jersey Central, IA
70 o.: tennessee Coal, ~ to 1884, and
Leather preferred, l to 4S3s. In the mac
tive stocks Lackawanna dropped, to 152.
Speculation closed barely steady Net
changes show losses of AQ2$s per cent.
Bonds were dull and lower; sales, $56OOOO.
New York Stock List-Closing Bids
Stocks and Bonds-American Cotton Oil,
1Olb: do preferred, A; Sugar Refinery, lO9
ex.: do preferred, 1884 ex.; American To-
bacco. SIN; do preferred, 95: Atchison, I.
and S F., 111s; Baltimore and OHIO, ia;
Canada Pacific, IS; Chesapeake and ONO,
1879; Chicago and Alton, 1853; Chicago, Bur
Ington. and Quincy 6434; Chicago Gas,
562: Delaware, Lackawanna and West
ern. $50; Erie 12A; do preferred, 28; Edison
Gen Electric, 26b; Illinois Central, S7R;
Lake Erie and Western, 1412; do preferred,
c.: Lake Shore, 14212 Louisville and Nash
Vile, 39ia; Louisville and N. A, q Man
haitian. Sl1b ex; Memphis and Charleston,
Is: Michigan Central 81; Missouri Pacific,
II; Mobile and Ohio, 16; Nashville, c. and
ST L. 67b; United States Cordage, 3R;
do nreferred, Z; New Jersey Central, 1914
New York Central, 81; New York and
New England 20; Norfolk and Western
nreferred. 121a; Northern Pacific, II; do pre-
ferred, 1874; Northwestern, 96s4 do pre-
ferred 140; Pacific Mail, 175s; Reading,
49,; Rock Island, 571s; st. Paul, 6SA; do
preferred, 126: Silver Certificates. 6S9s;
tennessee Coal and Iron, 10; do do pre-
ferred. 30; Texas Pacific, 62s;
Union Pacific, 5H; Wabash st.
L. and p, 5ss do do preferred, 1915; Wes-
tern Union, 795s; Wheeling and l.. E., 81
do do preferred, 23l5; Southern Railway
IS. SO; Southern Railway common, Z;
Southern Railway preferred, 2OA
State Bonds.--Alabama A, 10l; do b, 101;
do c. IS; Louisiana stamped As, 80; North
Carolina As, 80; North Carolina S. 10; Ten
nessee. new set IS. 20; Virginia 6s. pre-
ferred. 5; Virginia Trust Receipts, a; Vir-
ginia Funding Debt. Sc; South Carolina
AIS, 30.
Government Bonds-United States As,
registered. 1862; United States as. cou-
pons. 1917; United States Is, registered, 81;
United States As, coupons, new, 1l4A
United States As, registered, new, 114%.