The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-09-25


Gas Stocks-Savannah Gas Light stock,
20 bid, p asked; Electric Light and Power
Company. So bid, SO asked.
Bank Stocks, Etc.-Citizens Bank, 10
bid, Ill asked; Chatham Bank, As bid,
46ls asked; Germania Bank, 1851 bid 197I5
asked; Merchants National Bank, 80 bid.
81 asked; National Bank of Savannah,
= bid, 1907 asked; Oglethorpe Savings and
trust Company 102 bid, 1O3 asked; South
ern Bank of the State of Georgia, 1863
bid, III asked; Savannah Bank
ana Trust Company, 102 bid. 1857
asked; Chatham Real Estate and Improve
nent Company, A, SO bid, 81 asked; B, SO
bid % asked; Peoples Savings and Loan
Company, 80 bid, 81 asked, ex-div.
FACTORY Bonds-Augusta Factory IS, 100
bid 102 asked; Sibley Factory Is, so bid.
IOl asked; Enterprise Factory 6s, 100 bid,
lOl asked; Engle and Phenix Manufacture
ing Company, per cent. bonds, - bid, 60
asked.
Factory Stocks-Savananh Cotton Fac
tory - bid, 90 asked; Augusta Factory,
~ bld, % asked, eXdiv.; Graniteville Fac
tory l45 bid, $50 asked; Langley Factory,
100 bid, 1O5 asked; Enterprise Factory,
common, 80 bid. 100 asked; j. P. King
Manufacturing Company, 100 bid 1903 ask
ca; Slbley Manufacturing Company, rs
bid, Is asked; Savannah Brewing Com
pany, - bid, rs asked
London Sept. 24.-The Bank of England
has advanced it's rates of discount from
21a per cent. to per cent Money q per
cent. Rate of discount in the open mar
ket for both short and traders bills 2
per cent.
London, Sept. 24.-Bar silver, 80 5-16d.
Consols, 1885 for both money and the &C
count. Paris quotes 3 per cent. rentes
1O2 francs for the account.
New York, Sept. 24.-Money on call was
easy at 4q412 per cent; the last loan was
a TaaIa navaf IL
fered at per cent. Prime mercantile pa
per, 7q9 per cent. Bar silver, 655sc. Sterl-
ing exchange, firm, with actual business
in bankers bills at A.S114 for sixty days,
and $4.S3%@4.S4A for demand. Posted rates,
$4S2Q4. SfA. Commercial bills, $4.S0G4.S1.
Government bonds firm; state bonds dull !;
| railroad bonds strong. Silver at the board
was quiet
New York, Sept. 2L-The treasury bal
ances were as follows: Coin, $124,612, 1872;
currency, SCI, S26,43S.
New York. Sept. "a, noon.-Erie, 1874
Northwestern, 80; preferred, 40; Lake
Shore, 145 Norfolk and Western pre-
ferred, 12b; Western Union. S312; Southern
Railway, common, "a; Southern Railway,
preferred, 221a; American Sugar, 112A;
Baltimore and Ohio, IA; Canada Southern,
Az; st. Paul, IFS; Rock Island, Sly; Del
aware and Hudson 122; Delaware, Lack
awanna and Western, 1888; Manhattan,
a.
trail, 93. Speculation steady
New York, Sept A.-Stocks were less
| active to-day, the sales footing up 195064
| shares, against 221, eco yesterday, but the
tone of the market was firm throughout.
The strength of prices was a surprise to
the average operator, in view of the ad-
vance of the rate of discount by the
Bank of England to per cent, and the
poor showing for St. Paul for the third
week of September Certain traders sold
on the idea that the developments re-
ferred to would lead to liquidations, but
instead of selling, commission houses
We're buyers of the standard issues.
Money on time also worked easier. trans
ACTIONS being reported at per cent for
! three to four months. Additional pur-
| chases of gold in London for shipment
| to the United States had a strengthening
| influence on tAe share market. On the
| other hand, sterling exchange was a
| shade firmer, owing to the advance in
money rates abroad, and, in some quar-
! ters it was thought that this would check
| the flow of gold this way. The notably
| strong stocks We're Chicago Gas, the
| Changers, Manhattan, Louisville and
| Nashville, Tobacco and Western Union.
| Manhattan was benefited by reports of
| better earnings, and Chicago Gas by pur-
chases, said to be for inside account
| Sugar was feverish throughout, and
| ranged between 110% and 1121s, closing a
! 1111a. The report that the Moltenhauer
! Refining Company had increased it's ca
| pacity has not been confirmed. This
rumor had a great deal to do with the
! break in the stock yesterday. Speculation
| closed firm; net changes in the usually
| active list show gains of A@112 per cent,
| outside of Reading, which lost g per
cent. In the specialties, Minnesota Iron
| rose 4 per cent, to So; Michigan Central,
| 2 per cent. to 80, and Metropolitan Trac-
ffo,, 20 ri,r,S 4
| brought As. against 3d. the last previously
! reported sale at the Stock Exchange.
| Bonds were strong. Total sales were
| ST. 2SS.O0O
New York stock disclosing bids-stocks
| and bonds.-American Cotton Oil, 10; do
preferred, IS; Sugar Refinery, 1111z; do pre-
| ferred, $685.; American Tobacco, 63h; do
preferred, 95; Atchison, T. and S. F., 1875;
| Baltimore and Ohio, 1879; Canada Pacific,
| 5715; Chesapeake and Ohio, 145s Chicago
and Alton, 155; Chicago, Burlington and
! Quincy, SO; Chicago Gas, SIS; Delaware,
Lackawanna and Western, 1853; Distllers,
| Cattle Feeders, -; Erie 1874 do preferr-
ed 291a; Edison General Electric, 2S5s; IL
linois Central, SO; Lake Erie and Western,
10; do preferred, 64b; Lake Shore, 145;
Louisville and Nashville, Al; Louis. and N.
A., IA Manhattan, SIS; Memphis and
Charleston, Is; Michigan Central. 80; Mis-
souri, Pacific, 1872; Mobile and Ohio, II;
671k United States Cordage, AZ; do pre-
| ferred, 8; n. ]. Central, 1O2h; N. Y. Cen
! trail, 9214; n. Y. and N. E., 45 asked Nor
folk and Western preferred, 1871 Northern
Pacific, 1875; do preferred 2O5s; Northwest
ern, 49, do preferred, 40; Pacific Mail, 10;
Reading, IS; Rock Island, 61A; st. Paul,
71% do preferred. 12S; Silver Certificates,
65Ih; Tennessee, Coal and Iron, 22is; do do
preferred, 80; Texas Pacific 615; Union Pa
cifc, 61s; Wabash. st. l.. and p, 5I do do
preferred, 145s; Western Union, 1915 Wheel
ing and l.. E.. SIS; do do preferred, 2414;
Southern Railway IS, $50; Southern Rail-
way common, rs; Southern Railway pre-
ferred, o.
State Bonds.-Alabama A, 1O1; do B, 100;
do c, 81; Louisiana stamped As. SO; North
| Carolina As, %; North Carolina 6s, 10; Ten
| nessee, new set, IS, IS; Virginia 6s, pre-
ferred, 5; Virginia Trust Receipts, 4; Vir-
ginia Funding Debt, 81; South Carolina
AIS. 971s.
Government Bonds-United States As,
registered, 1861; United States As. coupons,
1O7iA; United States rs, registered, 921a;
United States As, new, registered, 116;
United states As, now, coupons, JIG.