The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-11-03
THE MORNING NEWS: TUESDAY. NOVEMBER 5, 1896.

bonds. 1926. bid, IS asked; City and
Suburban railroad frst mortgage per
cent. bonds, bid, IS asked Electric
railway 5s, due 1885. 10 bid. 10 asked; Ala
bama Midland per cent. Endorsed, IS bid,
IS asked; Brunswick and Western IS,
- bid, 70 asked; South Bound railroad 5s,
= bid. 70 asked; Southern Railway 5s, 81
bid, IS asked Georgia and Alabama first
preferred 5s, 81 bid, 95 asked; Georgia and
Alabama first consols, 10l2 bid, 7212 asked
Railroad Stocks-Augusta and Savan-
nan. 50 bid. 81 asked; Georgia common, 155
bid. 1853 asked; Southwestern, SS% bid, S9l5
asked: Atlanta and West Point railroad
stock, SO bid, 100 asked; Atlanta and
West Point per cent. certificates, 100
bid, 101 asked; Atlanta and West
point, 6 per cent. certificates, 9s
bid. 80 asked: Savannah Construction
Company, 60 bid, 65 asked. ex-div.
Gas Stocks-Savannah Gas Light stock,
q bid, 2115 asked; Electric Light and
Power Company, 81 bid, 60 asked
Bank Stocks, Etc.-Citizens Bank, 1O9R
bid. 10 asked; Chatham Bank. 46 bid,
Il asked; Germania Bank, LOG bid, 107
asked Merchants National Bank, So bid,
80 asked; National Bank of Savannah,
125 bid, 12S asked; Oglethorpe Savings and
Trust Company, 1917 bid, 103 asked; South
ern Bank of the State of Georgia, 1863 bid,
III asked; Savannah Bank and Trust Com
pany, 101 bid, 1922 asked; Chatham Real
Estate and Improvement Company A, SIX
| bid, 53A asked; B, so bid 81 asked; Peo-
pies Savings and Loan Company, 90 bid,
91l5 asked.
Factory Bonds-Augusta Factory, Is. 100
bid, 1902 asked; Sibley Factory Is, 100 bid,
| 101 asked; Enterprise Factory 6s, 101 bid,
| 1902 asked; Eagle and PheniX Manufacture
ing Company, per cent. bonds, 81 bid, Il
! asked.
Factory Stocks-Savannah Cotton Fac
tory, - bid, so asked; Augusta Factory, n
bid, so asked; ex-div; Graniteville Factory,
| 145 bid, $50 asked Langley Factory, 100 bid,
| 105 asked; Enterprise Factory, common,
! IS bid, 100 asked: j. p. King Manufacturing
| Company, 1O2 bid, los asked Sibley Man
ufacturing Company, rs bid, II asked; Sa-
vannah Brewing Company, 50 bid, -
| asked
London, Nov 2.-Bar silver, sod.
| Paris, Nov. 2.-Three per cent. rentes,
| 101 francs. 711s centimes for the account.
| New York. Nov. 2.-Money on call was
active a. 6QS per cent; the last loan was
| at Il per cent and interest, and at the
closing was offered a a per cent. and in
terest, which is about equal to 81 per cent
| Prime mercantile paper, 7Ql0 per cent
| Bar silver, Csc. Sterling exchange dull with
| actual business in bankers bills at %S2A
for sixty days, and %.S4l2 for demand.
Posted rates, $4S212Q4.S6. Commercial DIS
81. 8O94@4S1A Government bonds strong.
| State bonds were steady, railroad bonds
were higher. Silver at the board was
steady.
New York. Nov. 1.-The treasury bar
| ances were as follows Coin, $1l9,S29 495
currency, S55,6S2, 319. 80,
New York, Nov. 2. noon.-Erie, los;
| Northwestern 1927; preferred, AS; Lake
shore. 14S1b; Norfolk and Western pre-
ferred. II; Western Union, $685. Southern
| Railway common S3s; Southern Railway
preferred. 271s; American Sugar, HES; Bal
timore and Ohio, 1914: Canada Southern,
| AZ; st. Paul, 74% Rock Island, GA; Dela-
ware and Hudson, 125A; Delaware, Lack
| awanna and Western, Isl; Manhattan, S312;
! Michigan Central, 80; New York Central
931a. Speculation strong.
New York Nov. 2-Stocks were strong
from start to finish. At intervals there
were considerable sales to realize profits,
but this failed TO check the rising ten
| dency. In addition number of contracts
were closed out by conservative opera
tors, who desired to reduce their risks
| over election day. Money on call was
| difficulty to obtain, although it can be
| stated that the banks did not refuse any
body with good collateral willing to pay
a per cent. and interest. At one time
| the rate touched y per cent and inter-
| est, which is equal to, say, 9S per cent.
| per annum. The closing rates were at
| q per cent. and interest. Sterling eX-
change held strong and posted rates were
| up to $4S21h and $4.S6, which is remarka-
|
/ The firmness of the sterling exchange
| was due to the ndisposition on the part of
| bankers to draw until the result of to-
morrow's election is known. London was
! not a factor in our market, the STOCK
/ exchange there having been closed on ac-
| count of the bank holiday A rise In
| wheat of nearly &c stimulated purchases
of the western railway issues. Govern.
ment bonds also appreciated 15G1h per
cent, and this added to the bullish teei-
| ing. Bay State Gas scored the greatest
| gain, selling up from 1874 to 1874 on the
announcement of the retirement of the
| Addcks people in favor of the Standard
| Oil interest Other important advances
were Sugar, 81; Tobacco, ~; Chicago
| Gas, IL; Laclede Gas. PA; Burlington ana
! Quincy, ~; St. Paul. 22s; Rock Island,
| IL; Colorado Fuel, 8; Manhattan, 2; Min.
neapolis and ST. Louis, first preferred. 81
| Illinois Steel, AZ; Pacific MAR,
| 2h, and Union Pacific, 1% to
| 1925 per cent. The Improvement other
wise ranged from Y to IL per cent. Spec
| ulation closed strong, with prices at or
near the top OF the day. Vet changes
| show gains of A65A per cent. The total
! 500 Reading; 1900 Sugar, 10000 Burling-
ton and Quincy, 10000 Union Pacific and
| 5000 St. Paul. The bond market was ac-
! tive and strong. Sales footed up $1,572, 600
| New YORK STOCK l4lSt-Cl0Sing BIDS
| Stocks and Bonds-American Cotton Oil,
| IA; do preferred, sc; Sugar Refinery, us;
do preferred, 1908; American Tobacco, IS;
| do preferred, 9S; Atchison. 7. and S. f.,
| 151k; Baltimore and Ohio, 1914 Canada Pa
| cific, Sta; Chesapeake and Ohio. 1874; Chi
| cago and Alton, 1907 Chicago, Burlington
and Quincy, n; Chicago Gas, TN; Della
| ware, Lackawanna ana Western, 1853; Dis.
| Cat. Feed -; Erie, 151li do preferred 331a;
! Edison General Electric, z7A. Illinois Cen
! trail 92 Lake Erie and Western, IS: do
| preferred, 6S; Lake Shore, 1881 Louisville
| and Nashville, 4S3s; Louisville and ~ A.,
| 1ss; Manhattan. aiA; Memphis and
| Charleston Is; Michigan Central. 3d.; Mis-
souri, Pacific, 26; Mobile and Ohio, IS; Nash
| Vile. c. and st. L., 6715; United States
| Cordage, ~; do preferred 81: New Jer-
sey Central, lO6; New York Central "a; N.
Y and n. e.. 451h; Norfolk and Western
preferred, ia: Northern Pacific, 14ss: do
| preferred, 227s; Northwestern, 1O21k; do pre-
| ferred, 144ia; Pacific Mail, 22la; Reading,
| 2sIs; Rock Island, 81: st. Paul, 1913; do pre-
| ferred, 1875; Silver Certificates, 65; Ten
| nessee Coal and Iron. q; do do preferred,
30: Texas Pacific. S5s; Union Pacific, 1914;