The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-10-06


Bank Stocks, Etc.-Citizens Bank, 109ls
bid, 1902 asked; Chatham Bank, 441s bid,
ASH asked; Germania Bank, 106 bid, 1O7
asked; Merchants National Bank, 80 bid,
9lla asked; National Bank of Savannah,
1875 bid, lbs asked; Oglethorpe Savings and
Trust Company, 100 bid 10S asked; South
ern Bank of the State of Georgia, 1863 bid,
Ill asked; Savannah Bank and Trust
Company, 100 bid, 102 asked; Chatham Real
Estate and Improvement Company, A. So
! bid, 81 asked; r, so bid, So asked; Peoples
Savings and Loan Company, 30 bid, 9l1A
asked.
Factory Bonds-Augusta Factory IS, 100
bid, 102 asked; Sibley Factory 6s, 80 bid,
1O1 asked; Enterprise Factory 6s, 100 bid,
101 asked; Eagle and Phenix Manufacture
ing Company, per cent. bonds, - bid, 80
asked.
Factory Stocks-Savannah Cotton Fac
tory, - bid, so asked Augusta Factory, rs
bid, II asked, ex-div.; Graniteville Factory,
145 bid, $50 asked; Langley Factory, 10S bid,
l05 asked; Enterprise Factory, common,
80 bid, 100 asked; J. P. King Manufacturing
Company 100 bid, 10S asked; Sibley Man
ufacturing Company, 70 bid, rs asked; Sa-
vannah Brewing Company, - bid, rs ask
ed.
London, Oct 5.-Bar silver, SOAd. Con-
sols,, 110A for money and 11O2s for the ac-
| count.
Paris, Oct. 5-Three per cent. rentes
101 francs 81 centimes for the account.
New York. Oct. 5.-Money on call was
| easy at 4Gl5 per cent; the last loan was at
5 per cent, and at the closing was offered
at 5 per- cent. Prime mercantile paper,
| 7Q7lac. Bar silver, 655sc. Sterling eX-
! change was weak with actual business in
! bankers bills at Sassy Q4.S2A for sixty
days, and s4.S404S412 for demand. Posted
rates, $4821aQ4S5. Commercial bills, $4.S1
| CASE. Government bonds were steady,
/ NIL
Silver at the board was quiet.
| New York, Oct. 5.-The treasury bal
ances were as follows: Coin, $780, 30;
currency, SIS, 6S6505.
New York, Oct 5, noon-Ere "A; North
western, 9S14; preferred, 143; Lake Shore,
| 145; Norfolk and Western preferred, 1875;
Western Union, "a; Southern Railway,
| common So; Southern Railway, preferred,
/ 29s; American Sugar, 1922; Baltimore
! and Ohio, IA; Canada Southern, AS st.
| Paul, 702s; Rock Island, 601a; Delaware and
Hudson, 1884 Delaware, Lackawanna and
! Western. 1531A; Manhattan, 907s; Michigan
| Central, 80; New York Central, 9l%l. Spe-
ulation dull but firm.
New York, Oct 5.-Stocks in the early
| dealings were weak and lower, the active
/ issues showing a reaction of AQ1A per
! cent in the first half hour. The weakness
! of the market was due in a great meas
ure to the further decline of 1413sc per
! pound in refined sugar, although the low
! er cables from London were not without
| influence in certain quarters Sugar,
! Manhattan, the Changers and Leather
| preferred were particularly weak spots
| at this time. The downward tendency in
! the market was checked before midday
| by a sudden, though not an entirely un
| expected, weakening in the sterling eX-
| changes Posted rates were reduced a full
! cent to $4.S2l20LS5 The break in this
market was the result of the completion
/ of the remittances on account of the Oc-
! tober interest and a material increase in
the supply of grain and other acceptances.
| Reports of a further slight rise in the
/ price of gold bars in the open market in
4 London, and the fact that the bullion
dealers received quite a number of or
ders for the metal, as well as for sixty
! day options, were ignored by stock oper-
ators The weakness of the sterling ex-
change, according to the bulls, will more
than offset these developments, and they
| Furthermore We're predicting a renewal
/ of gold exports. Manhattan led the rise
! in stocks, and moved up from 80 to 1894.
| The old report about a deal with the
| Metropolitan Traction was again revived.
! Tobacco rose 2 to SOS, and was in demand
! from the shorts. The Changers, Louis
| vile and Nashville Sugar and Western
! Union We're all prominent in the after
noon rally. Sugar, which dropped to
| 1091s early in the day, rose to 110A and
/ close on Saturday. Speculation closed
firm in tone. Net changes show net gains
! of Ad1A, Manhattan leading. Total
sales were 206099 shares, including 44,70O
st. Paul; 5000 Sugar and 21,1O0 Reading.
! Bonds were weak in the early trading,
but closed firm, in sympathy with stocks.
Sales were 81 100000.
New York Stock disclosing Bids
! Stocks and Bonds-American Cotton Oil.
121a; do preferred, AZ; Sugar Refinery, 11Ol4;
! do preferrd, SO; American Tobacco, 651s;
/ do preferred, IS; Atchison, T. and S. F.,
| 1875; Baltimore and Ohio, IA; Canada Pa
cific, 575s Chesapeake and Ohio, Is; Chi
| cago and Alton, 155; Chicago, B. and c.,
/ 70; Chicago Gas, 81; Delaware, LackaWan-
ma and Western, 154; Erie, 1874; do pre-
| ferred, BIZ; Edison General Electric, 2SA;
Illinois Central, 901a; Lake Erie and West,
! IS; do preferred 65; Lake Shore, 145; Louis.
/ and Nash, 43la; Louisville and n. A, IL;
| Manhattan, 1914; Memphis and Charles
! ton, 49, Michigan Central, 80; Missouri Pa
| cific, 2OA; Mobile and Ohio, II; Nashville,
| c. and st. L., 671a; United States Cordage,
| Az; do preferred, 81s; New Jersey Central,
| 1903; New York Central, 9l12; New York
| and New England 40; Norfolk and West,
preferred, 151s; Northern Pacific, 1875; do
| preferred, 2O24; Northwestern, 9SA; do pre-
/ ferred 143; Pacific Mail A3s; Reading, 20;
| Rock Island, 615s; st. Paul, n; do prefer
red 12i15; Silver Certificates, 66; Tenn.
| Coal and Iron, 22A; DO do preferred, W.
| Texas Pacific 7; Union Pacific, 6A; Wa
| bash. st. l.. and P, 6; do do preferred, Is;
Western Union, s3A; Wheeling and L. T.,
/ 57s; do do preferred, 272i; Southern Rail-
way IS, So; Southern Railway, common,
/ 81: Southern Railway, preferred, 25ls.
State Bonds-Alabama A, 100; do b, 100;
do c. %; Louisiana stamped As, 90l4; North
| Carolina As, 95; North Carolina Is, 112;
| Tennessee new set IS. 751a; Virginia 6s, pre-
! ferred. 8; Virginia Trust Receipts, AZ; Vir-
ginia Funding Debt, 57A; South Carolina
4lks, 1O5 bid.
Government Bonds-United States 4s,reg-
istered, 107; United States As, coupons, 1O7;
United States Is, registered, SO; United
States As, new registered, 11612; United
/ States As, new, coupons, n612
MISCELLANEOUS MARKETS.
Bacon-The market is steady. Smoked
clear sides. SIC; dry sailed clear rib sides,
| 4lhc; long clear, none; bellies, 55sc; sugar