The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-10-13

| bama Midland per cent. Endorsed, IS bid,
| IS asked; Brunswick and Western As,
| - bid, 20 asked; South Bound railroad IS,
: bid, 7S asked Southern railway IS, 81
bid, IS asked; Georgia and Alabama first
preferred 5s. "a bid, 95 asked; Georgia and
Alabama first consols, 65 bid, 20 asked.
Railroad Stocks-Augusta and Savan-
nah, 50 bid, 80 asked; Georgia common, l52
bid, loo asked; Southwestern, S7lA bid, SSla
asked; Atlanta and West Point railroad
stock, 97ls bid, eSl9 asked; Atlanta and
| west Point per cent, certificates, IS bid,
| 96 asked; Savannah Construction Com
pany. 62l4 bid, 65 asked, ex-div.
Gas Stocks-Savannah Gas Light stock,
| 20 bid, 81 asked; Electric Light and Power
Company. SO bid. 60 asked.
Bank Stocks, Etc Citizens Bank, 109l5
! bid, 1101a asked; Chatham Bank 441s bid,
40 asked; Germania Bank, 106 bid 107
! asked; Merchants National Bank, 80 bid,
! 9la asked; National Bank of Savannah,
l25 bid, 12S asked; Oglethorpe Savings and
Trust Company, 100 bid 10S asked; South
ern Bank of the State of Georgia, 1863 bid,
] III asked; Savannah Bank and Trust
! Company, 100 bid, 102 asked; Chatham Real
| Estate and Improvement Company, A. So
bid, "a asked; B. 80 bid, 50 asked; Peoples
Savings and Loan Company, 80 bid, 9l1s
| asked.
Factory Bonds-Augusta Factory, IS, 100
| bid, 102 asked; Sibley Factory 6s 100 bid,
| 10l asked; Enterprise Factory 6s, 101 bid,
| 1O2 asked; Eagle and Phenix Manufacture
ing Company, per cent. bonds, 81 bid, Al
1 asked.
Factory Stocks-Savannah Cotton Fac
tory, - bid, so asked; Augusta Factory, 70
bid, Y asked, ex-div.; Granitevile Factory
l45 bid, $50 asked; Langley Factory 1903 bid,
| Jos asked; Enterprise Factory, common,
80 bid, 100 asked; J. p. King Manufacturing
Company, 100 bid, 1903 asked; Sibley Man
ufacturing Company, 20 bid, Is asked; Sa-
We NM n rfr,er 90, I,aI 11r
ed.
London, Oct. 12.-Bar silver, 297sd. Con-
soils, 1854 for money. and 1OS7s for the
account. Paris advices quote per cent.
rentes 101 francs, So centimes for the ac-
| count
New York, Oct. 12.-Money on call was
easier, at 4d7 per cent; the last loan was
at per cent. Prime mercantile paper,
| SG9 per cent. Bar silver, 645sc sterling
exchange steady, with actual business IN
bankers bills, at $4.S1Aq4S11s for sixty
days, and 81 .S464. S44 for demand. Posted
| rates, $4S2@4 .S5. Commercial bills, SIS
Q4.S1 Government bonds quiet; state
bonds duh; railroad bonds weaker. Sill
yer at the board was lower.
New York, Oct. 12-The treasury bal
ances were as follows: Coin, $l27, 2S4271;
| currency, $59,677, 067.
New York, Oct. u, noon.-Erie 1875
Northwestern, 967s; preferred. 1929; Lake
Shore, 1872; Norfolk and Western prefer
| red, IA; Western Union, S1l5; Southern
Railway. common, IA Southern Railway
preferred, 22A American Sugar, 1855;
Baltimore and Ohio, 1874; Canada South
ern, Az; st. Paul, CTS; Rock Island 5S1s;
Delaware and Hudson, 1904; Delaware,
Lackawanna and Western, 1884, Manhat-
tan, SOS Michigan Central, S95s; New York
Central, 9114. Speculation quiet, but ir-
regular.
nCf Of
Stock Exchange to-day were light, the
sales of stocks amounting to 143,1S7 shares,
and of railway and miscellaneous bonds
$4,000. The stock market was unsettled
and irregular throughout, closing weak
in tone. At the opening the tendency was
downward on sales for both accounts. The
prominent issues scored losses of 14Q1&
per cent, Sugar leading with sales as
low as 1864. The general market was
adversely influenced by the advance III
discounts abroad and a belief that the
Bank of England directors on Thursday
will also put up the rate This, it is ar
gued, will check the movement of gold
this way, unless local bankers offer ad-
ditional inducements Gold here to-day
commanded a commission of 1sQ2s per
cent, and calls sold for 1A411s per cent.
Notwithstanding the higher discounts
abroad and the frmness of the demand
for sterling, 100000 of the metal was en-
gagged in London for shipment to this
side. Money in the local market worked
close, the rate ruling at 647 per cent
until a late hour, when unemployed bal
ances were offered at 4 per cent. The
comparative dearness of money led TO
lquida tions in certain quarters, especially
as some commission houses are not in
clined to encourage new ventures pend
ing the national election After the de-
cline referred to, Tobacco advanced from
6SIb to 7015 and this strengthened the gen.
oro1 arlra fOr a n.
bacco was attributed to manipulation and
covering of short contracts. In the late
afternoon trading the selling was renewed
in the Industrials, Leather and Rubber
preferred stocks were heavy, falling to
551L and 65 respectively Sugar, the Grang
ers. Manhattan and General Electric all
! lacked support in the final trading. Spec
| ulation closed weak in tone. Net changes
show losses of AG13s per cent, except for
Rubber preferred, which dropped per
cent Northwest and Tobacco gained ma
/ per cent. Sugar. which was the most
active stock, figured for $4,000 shares.
Bonds closed weak.
New York Stock Lst-Closing-Stoc
and Bonds-American Cotton Oil, IL; do
preferred, 451a; Sugar Refinery, 1861; do
preferred $751; American Tobacco SO; do
| preferred, IS; Atchison, Topeka and Santa
| Fe, 117s; Baltimore and Ohio, 1874; Cana
| da Pacific Sc Chesapeake and Ohio, lSA
! Chicago and Alton, 1855; Chicago, Burliue-
ton and Quincy, 67A; Chicago Gas, 57al
| Delaware, Lackawanna and Western, lj3;
Erie, 10; do preferred. 291s Edison Cen
eral Electric, PAS; Illinois Central, Sta,
Lake Erie and Western, 1419; do pre-
ferred, GA; Lake Shore, 143; Louisville and
Nashville, Az; Louisville and New Al
bany, l; Manhattan, 9OA; Memphis ana
Charleston, Is; Michigan Central, 81; Mis-
souri, Pacific, 1885, Mobile and Ohio, 16;
Nashville, Chattanooga and st. Louis,
G71k; United States Cordage, AZ; do pre-
ferred. 81 New Jersey Central, 9S1s; New
York Central, 90la New York and New
England, 45. Norfolk and Western pre-
ferred, IA; Northern Pacific, 1914; do pre-
ferred, 1872; Northwestern, 971s; do pre-
ferred 1421k; Pacific Mail, 1895; Reading,
2l1; Rock Island, 575s; st. Paul, 677s; DO
preferred, 100; Silver Certificates 64A;
! Tennessee Coal and Iron, 2014 do do pre-
ferred, 80; Texas Pacific, 6l5; Union Pa.
/ cihc, 6; Wabash, st. Louis and Pacific, 81;
do do preferred, 1874; Western Union, sl1s;
1 wheeling and Lake Erie, 81; do do pre-
ferred, Is; Southern Railway 5s, 81; South
ern Railway common, 75s; Southern Rail-
way preferred, 22l2.
State Bonds-Alabama A, 1902; do B, l01;