The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-12-15

| ferred incomes, 1919 bid. S41a asked /;
| Central of Georgia hallway, second
preferred incomes, 1879 bid, 49, asked; Gem
| trail of Georgia Railway third preferred
| incomes, 612 bid, IA asked; Georgia ratl-
road IS, 1910. los bid, no asked; Charlotte
| Columbia and Augusta first 5s, lO9 bid, 10
! asked; Charlotte Columbia and Au-
gusta second mortgage Is. 11S bid,
! ia asked; Georgia Southern and
! Florida new IS, Sc bid. IS asked: South
Georgia and Florida first mortgage Is,
| l0S bid, 105 asked South Georgia and
| Florida second mortgage Is, 1902 bid, 1Ol
| asked; Ocean steamship per cent.
bonds, 1926 l0S bid. 1882 asked City and
suburban Railroad first mortgage per
! cent, bonds, bid Is asked; Electric
Railway 5, due 1895. IA bid. 10 asked; Ala
bama Midland per cent. indorsed, IS bid,
| IS asked; Brunswick and Western As,
| = bid, 20 asked; South Bound railroad S.
40 bid, 70 asked; Southern Railway, 5s, 81
bid, 80 asked; Georgia and Alabama first
| preferred 5s, 9Si5 bid 100 asked Georgia
| and Alabama first consols. so bid, 81
/ asked.
Railroad Stocks-Augusta and savan-
| nah IS bid. 96 asked Georgia common
1 164 bid, 167 asked Southwestern, IS bid
| 96 asked; Atlanta and West Point rail-
! road stock, 1O5 bid, 40 asked; Atlanta and
West Point per cent certificates, 1902
! bid, asked; Savannah Construction
Company. 20 bid, "A asked.
Gas StocKs-Savannah Gas Light stock
22A bid % asked; Electric Light and
Power Company, 67ia bid 6sla asked, ex-div
| Bank Stocks, Etc.-Citzens Bank, 110la
! bid, Ill asked Chatham Bank, 46 bid,
AZ asked; Germanfa Bank lO7 bid. 1913
asked; Merchants National Bank, 90 bid,
- asked; National Bank of Savannah,
~ bid. 1870 asked; Oglethorpe Savings and
Trust Company, 100 bid, 101 ask
ed, ex-div" Southern Bank of
/ the Sfafa Of
Ill asked; Savannah Bank and Trust Com
| pany, 1Ol bid, 102la asked; Chatham Real
Estate and improvement Company, A. "a
bid, - asked B, 501h bid, 5l1a asked; Peo-
pies Savings and Loan Company 81 bid
| SO asked
Factory Bonds-Augusta Factory 6s, 100
bid. lO2 asked; Sibley Factory 6s, 100 bid.
| lOl asked; Enterprise Factory 6s, 10l bid,
1O2 asked; Eagle and Phenix Manufactur-
Ing Company. per cent. bonds, 40 bid. 50
| asked.
Factory Stocks-Savannah Cotton Fac.
tory, - bid, so asked; Augusta Factory, n
bid, 80 asked, ex-div.; Graniteville Fac
tory. 145 bid, $50 asked Langley Factory
100 bid, l05 asked; Enterprise Factory,
| common, 50 bid, 100 asked; j. p. King
Manufacturing Company, 1902 bid. 105 ask
ed Sibey Manufacturing Company rs bid
n asked; Savannah Brewing Company. 81
bid. 81 asked.
London, Dec. 14-Bar silver, BOD. Con-
soils, HIS for money and 11iss for the ac-
count.
Paris, Dec. 14.-Three per cent rentes,
lob francs IS confines for the account.
New York, Dec. 4-Money on call easy
IL per cent; and at the closing was offered
Ia per cent; and at he closing was offered
at l1a per cent Prime mercantile paper
3l5q4 per cent. Bar silver, 652sc Ster-
ding exchange firmer with actual business
in bankers bills at 4.s315Gi4. s3st for sixty
days, and S4.8624 Q4.a for demand. Posted
rates, &.S41k@4.SS. Commercial bills, $4821h
@4.S31k. Government bonds we're dull
state bonds were quiet, and railroad bonds
were weak. Silver at the board was neg
leeted.
New York. Dec. 1.-THE treasury bal
ances were as follows Coin, 1921, Cox, IT'S;
currency. $45, 799, 400.
New York, Dec IA. noon.-Erie, Is;
Northwestern. 1903; do preferred, 147; Lake
! Shore, l541a; Norfolk and Western prefer
red, l0A; Western Union, S6I5; Southern
railway common, 10 Southern railway
preferred, 2S15; American Sugar, 1854;
Baltimore and Ohio, "A; Canada Southern,
As; st. Paul, "A; Rock Island. IS; Delaware
and Hudson, 125h Delaware, Lackawan-
/ ma and Western, 1856; Manhattan. 95A;
Michigan Central 92; New York Central,
| 95a. Speculation quiet and weak.
| New York, Dec. H.-There was an in
crease in the volume of business at the
stock exchange to-day, but the activity
was at the expense of values. The sales
footed up 2N,1S5 shares, including 24,600
Reading, "A 200 Burlington and Quincy, o.
800 Sugar, and IS, 100 ST. Paul. The bears
displayed a highly aggressive spirit, and
were liberal sellers of the leading special
ties right up to the close. This selling was
based on the belief that congress will take
up the Cuban question in earnest shortly,
and that the death of Gen. Maceo would
bo 10 a al Of f,N
to this effect had a tendency to discourage
tired out holders, and as a result there
were liquidations for this account. The
weakness of cotton. and the failures re-
ported at the local cotton ex-
change, and the heavy falling
off in east-bound shipments by
the trunk lines, were also disturbing
factors. Sterling exchange advanced
slightly on higher discounts in London.
and American securities abroad displayed
weakness which added TO the bearish feel
ing. The Cuban situation however, was
the chief topic of discussion, and, II may
be said, that the fear of infiammatory dis
cussion in congress was the main reason
for the heaviness Of the list. The selling
pressure was most pronounced in the gas
Issues, the Changers, General Electric,
Louisville and Nashville, Reading and
Leather preferred Consolidated Gas
dropped nearly per cent, on the revival
OF the ldlk ABOUT ADVERSE legislation at AL
bany this year. The story is that the leg
islature will order reduction in the price
Of gas to 81 90 per thousand feet The
Changers were sold on the prospects of
poor earnings, and Reading was weakened
by the old report Of legal proceedings by
the attorney general of Pennsylvania, Ia
regard to the recent reorganization Of the
property. The market lacked support
throughout. In the last hour of business
the lowest prices Of the day were generally
current. The short interest was material
ly increased, and in the loan crowd, Man
haitian commanded a premium of i-32 per
cent. per diem. Speculation closed weak in
tone. Net changes show losses OF 1403
per cent, Consolidated Gas leading. The
bond market was weak to-day; sales,
81 437. 900.
New York Stock List. Stocks and Bonds
at the Closing-American Cotton Oil, IL;
do preferred. 50; Sugar Refinery, 11JA do
preferred, 103lz; American Tobacco. 74jS
do preferred. 101M; Atchison, r. and s. "A,
1919: Baltimore and Ohio, IA; Canada
Pacific So; Chesapeake and Ohio. 1919; Chi
cago and Alton. 1Gi; Chcago,s y. and O.,
75A: Chicago Gas. 72ss; Delaware. Laclsa-
wanna and Western, l55: Erie, l412 do pre-
ferred "a; Edison General Electric 3Jk
ftH4 - M I'D