The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-12-16

| pies Savings and Loan Company. 81 bid.
! IS asked.
Factory Bonds-Augusta Factory. 6s, 100
bid, l02 asked; Sibley Factory 6s, 100 bid.
l0l asked; Enterprise Factory IS. 101 bid,
| 1O2 asked; Eagle and Phenix Manufactur-
isg Company. per cent. bonds. 40 bid, 50
| asked.
Factory Stocks-Savannah Cotton Fac
tory, = bid, so asked; Augusta Factory n
| bid, so asked, ex-div.; Graniteville Fac
tory las bid. $50 asked; Langley Factory.
100 bid, los asked: Enterprise Factory.
common, % bid, 100 asked; j. p King
Manufacturing Company. 1902 bid, los ask
ed Sibley Manufacturing Company. rs bid,
n asked; Savannah Brewing Company. 81
bid, 81 asked.
| London, Dec. 15.-Bar silver, sod. Con-
| soils, Ills for money and 1l1ss for the ac-
count.
New York. Dec. 15-Money on call was
easy at 11zd2 per cent. the last loan was
at Ia per cent, and at the closing was Of
| fered at ia per cent. Prime mercantile
| paper. 3126I4 per cent. Bar silver, 65l5c.
Sterling exchange was strong, with actual
| business in bankers bills at $.S324 CASA
for sixty days and S4.S6%d4.S for de-
mand; posted rates, $4s415d4ss. CONNER
! cial bills, $4.S2ik@4. S3ia. Government bonds
| were easier; state bonds were dull; rail-
road bonds were weak. Silver at the
| board was higher.
| New York, Dec 15.-The treasury ball
ances were as follows: Coin, 1921, 55S, 766;
currency, $5,5OO,S6S.
New York. Dec. 15.-noon. Erie, 14Sa;
| Northwestern, 102h; do preferred, l47; Lake
| Shore, 1853: Norfolk and Western prefer
| red, 1874; Western Union, S5S4; Southern
railway common, 8; Southern railway
preferred, N1s; American Sugar, 1l2; Bal
timore and Ohio, Is; Canada Southern,
| 47S4; st. Paul. 1874 Rock Island, CTS; Del
aware and Hudson, 125; Delaware, Lacka-
i md Manhattan
Michigan Central, 80; New York Central
| 80. Speculation weak.
New York, Dec 15.-Speculation at the
Stock Exchange this morning was as
tame and embarrassing as ever, and the
| brokers generally were lamenting the alb
| sence of orders. The foreign houses did
| next to nothing and local concerns had
| to depend entirely upon certain of the
| traders, who are doing a scalping business.
| At the start Sugar ran off quickly from
| 112% to 111A, and this led to recessions in
| the general list of Is to u per cent, but
| the losses were soon recovered. The
| rally small as it was, seemed to bring
| business to a standstill, showing clearly
| that the sentiment in the room was in
| the main bearish. The inordinate dull
ness finally induced a few of the leading
| professionals to test the market. They
| raided Sugar, then Manhattan. and meet
| ing with success in these two stocks. soon
| extended their field of operations. In the
| late dealings Sugar displayed something
| like its old-time activity and the stock
broke from 112A to 1101s, ex-dividend. 1t
| rallied to 110%, but at this figure there
was fresh supply of stock, under which
| it yielded and closed at 110A, a net loss
| for the day of 2lR per cent 1t was cur
| rently reported that the insiders are help
| ing along the decline. which is in part
| attributable to the belief that measures
| will shortly be introduced in congress to
take off the u differential Manhattan
| dropped 2ss to 921z, the decline being ac-
| CELEBRATED by the execution of stop or
| ders. The other Gould stocks were also
| weak Western Union selling down from
S69s to S51s, and Missouri Pacific from
| 20A to 1919. Chicago Gas de- med from
1914 to IFS, but in the general list the
losses were AQ1 per cent. Among the
| speciaIties American Spirits preferred suf-
| fered sharp break, selling down from
| 2719 to %, with final rally to 241k Con-
| solidated Gas rose from 151 to 153, and
| later fell to $50. Metropolitan Traction
rose Is to 1O9A. and later declined to
107lz. Tennessee Coal and Iron dropped
| 1ss to ISIS, and closed at that figure. Spec
| ulation closed weak in tone Net
changes show losses of AQ216 per cent.
on the day, Sugar leading. Total sales
/ were l9S,937 shares, including SO 600 Sugar
q 900 Manhattan, 1880 Reading and il, 500
st. Paul The bond market was weak
! The sales amounted to $1247 600
New York Stock List, Stocks and Bonds
| at the Closing-American Cotton OIL. 10;
do preferred, 40; Sugar Refinery 1lOA ;
| do preferred, 100; American Tobacco "a:
do preferred, 1011A; Atchison, T. and s. F.,
| Is; Baltimore and Ohio, 1415; Canada Pa
| cific, "a; Chesapeake and Ohio, 16; Chi
| cago and Alton, leo; Chicago, B. and O..
| 74l2; Chicago Gas. 715s; Delaware, Lack
awanna and Western, 1856; Erie, 14I5; do
preferred, 3S%; Edison General Electric,
/ fNaaf 10 81 H.
! Western, Is; do preferred, 20; Lake Shore,
1853; Louisville and Nashville, As; Louis
vile and N. A., "A Manhattan, 1924 Mem
phis and Charleston, Is; Michigan Central,
| 80; Missouri Pacific. 20; Mobile and Ohio,
| 81; Nashville, Chattanooga and St. Louis,
67ls; United States Cordage, 51s do pre-
| ferred, 10A; New Jersey Central, 102; New
York Central, 941z; New York and New
| England, As; Norfolk and Western pre-
| ferred, 155h; Northern Pacific, 1874; do pre-
| ferred, 221s; Northwestern, 102A do pre-
ferred, 146; Pacific Mail, "a; Reading, IS;
Rock Island, 671s; st. Paul, 73h; do pre-
| ferred 1891; Silver Certificates, 655s; Ten
nessee Coal and Iron, Is; do preferred. 80;
Texas Pacific, 9ss; Union Pacific, 8; Wa
bash, st. L. and P. SIS; do preferred,
| 15A; Western Union, IS; Wheeling and
Lake Erie, rs; do preferred, %; Southern
Railway SIS, 9O12; Southern Railway, COM
mon, 9N; Southern Railway, preferred,
2612.
State Bonds-Alabama A, 105; Alabama
b, 1903; Alabama c. IS; Louisiana stamped
As, So; North Carolina As, 101; North Caro-
lima IS. 122; Tennessee, new set, IS, S015;
Virginia 6s. preferred, 5; Virginia Trust
Receipts, 624 Virginia Funding Debt, 61ls;
South Carolina AIS, 1Os.
Government Bonds--United States As,
registered 1922; United States As, cou-
pons, 1903; United States rs, registered,
| 951h; United States As, new, registered, 100;
| United States as, new, coupons, 12O.