The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-11-10


and Alabama first oonsols, Il bid. 721k
asked
Railroad Stocks--Augusta and Savan-
| nan, VI bid, 80 asked; Georgia common, 1859
bid' l63 asked; Southwestern, 9Ola bid, 9llA
asked; Atlanta and West Point railroad
Stock 1o1 bid, 102 asked; Atlanta and
west Foint per cent. certificates, 100
bid, asked; Savannah Construction
company, 50 bid. 20 asked, ex-div.
Gas Stocks-Savannah Gas Light stock.
Als bid. q asked; Electric Light and
/ Power Company, IS bid, - asked
Bank Stocks, Etc-Citizens Bank 1O9lh
Did' asked; Chatham Bank, 46 bid,
| ~ asked; Germania Bank, l06 bid, 1O7
asked; Merchants National Bank, IS bid.
VI asked; National Bank of Savannah,
10 bid, l2S asked; Oglethorpe Savings and
| Trust Company, 102 bid, 1887 asked: South
ern Bank of the State of Georgia. 1863 bid.
III asked; Savannah Bank and Trust Com
| pary, 1Ol bid, 1929 asked; Chatham Real
Estate and Improvement Company, A, 52&
bld, 53A asked; B, so bid, 81 asked; Peo-
pies savings and Loan Company, 80 bid,
| 9lh asked.
Factory Bonds-Augusta Factory, IS. 100
bid 1O2 asked; Sibley Factory 6s, 100 bid
lO1 asked; Enterprise Factory 6s 1O1 bid
1O2 asked; Eagle and Phenix Manufacture
ing Company, per cent. bonds 40 bid, so
asked.
Factory Stocks-Savannah Cotton Fac
tory, : bid, so asked Augusta Factory, II
bid, 80 asked; ex-div; Granitevile Factory.
| l45 bid, $50 asked; Langley Factory, 100 bid
100 asked; Enterprise Factory, common,
| 80 bid, 100 asked; J. P. King Manufacturing
Company, 1O2 bid, 105 asked; Sibley Man
ufacturing Company, IS bid, n asked; Sa-
vannah Brewing Company, go bid, 100
| asked.
London, Nov. 9.-Bar silver. 90 15-16d.
Consols, 1l0A for money and 1l07s for the
| account.
New York. Nov 9-Money on call was
easy at 4d5 per cent; the last loan at
per cent, and at the closing, was offered
at per cent Prime mercantile paper
6G7 per cent. Bar silver, Csc Sterling
exchange strong, with actual business in
bankers bills, at 81 S224d4 S314 for sixty
days, and $.S61514,S7 for account Post
ed rates. 81 .S3k@4.S7; commercial bills.
A.S1hG4. S214. Government bonds strong
state bonds were steady; railroad bonds
were higher. Silver at the board was
quiet.
New York Nov. 9.-The treasury bal
ances were as follows; Coin S119, $40. 100
currency. $54,21S,200.
New York, Nov, g. noon.-Erie. 173t
Northwestern 105A; preferred $50; Lake
Shore, 1521a; Norfolk and Western, pre-
ferred, Is; Western Union, $50: Southern
Railway, common, 107s; Southern Railway
preferred, S0l2; American Sugar 12l; Can
ada Southern, ST. st. Paul, 791s; Rock Is
land, 74h; Delaware and Hudson, 12S; Del
aware, Lackawanna and Western, 1602s
Manhattan, 1O2A; Michigan Central, 80;
New York Central, 965s. Specula ton
active and firm
New York, Nov. 9.-Stocks were irreg-
ular, but the demand was firm. The irreg-
ularity of prices was the result of realfza-
tons by professional operators, who
bought at considerable lower prices, and
who now believe that a reaction is over
ENe vlxr OF ao., I
lower range for American securities
there, and this, with the rise of a full cent
in posted rates of sterling exchange to
$tS312Gb4.6, was used, but not with much
effect, against the share list. The advance
| in sterling exchange gave rise to talk
about gold exports, but this had little to do
| with those familiar with the situation. A
feature of the market was the buying of
low-priced issues, and the execution of
orders in such gilt-edged stocks as Lack
awanna, Lake Shore, Consolidated Gas,
etc, by commission houses. Under this
process Lake Shore rose to 153, Lackawan-
ma to 1902 and Consolidated Gas to
1882. The activity and strength of
these, as well as other stocks, resulted
from the continued easy working of the
money market, the further rise in wheat
and advices from various sections of the
country in regard to the resumption of
work by mills and manufactures, which
| nOlQ out the nope OIL increased railway
traffic during the winter months Man
haitian was conspicuous for an advance
from 1914 to 102A, on rumors that the al
legged deal between the company and the
Metropolitan Traction will be carried
through, denials by officials of the compa-
MES to the contrary Notwithstanding. II
was said that the Hooking Valley had
concluded new traffic arrangements with
the Norfolk and Western, Flint and Pere
Marquette and other lines, which will ado
materially to the earnings of the compa-
| MES and that stock was strong. Sugar
| Chicago Gas were weak for a time the
former selling off IL to 1909 and the lat
| ter 21s to 1865, but subsequently there was
| a rise to 1225s and 77$4 respectively. The
| granger group was not materially chang
ed at any time from Saturdays closing
| figures. The strength of the market in the
late transactions was due partly to the
| knowledge that the New York city bonds
would be heavily over-subscribed. The
market closed strong in tone. Net changes
show gains of AG2l5 per cent, outside OF
| Consolidated Gas, which gained 6lz pei
cent. Bay State Gas. after advancing II
to IS, broke to and closed at 1872. Total
| sales were 1877 shares, including AZ, 90(
Reading, e, 400 Sugar "a, 400 St. Paul and
| 24,4G0 Burlington and Quincy. Trading in
| railway and miscellaneous bonds was on
heavy scale, 100000 changing hands.
/ NEW 1oIk olOGh ISts 1lOSlHS IoluSi
Stocks and Bonds-American Cotton Oil,
1854; do preferred, 6215; Sugar Refinery,
1925; do preferred, 1924; American To-
bacco, Slis; do preferred 104; Atchlson, T.
and S. F., 1871 Baltimore and Ohio, II;
Canada Pacific, $50; Chesapeake and
Ohio, IT'S Chicago and Alton, 1853; Chi
cago. B. and O., SSA; Chicago Gas, 77ls;
Delaware, Lackawanna and Western,
1904; Erie, ill., do preferred, 49,; Edison
General Electric, S51s; Illinois Central, 90;
Lake Erie and Western. 1874; do preferred.
| 73%; Lake Shore. 152l5; Louisville and
Nashville, 42s4; Louisville and N. A., rs;
Manhattan. 1011s; Memphis aEd Charles
ton. Is; Michigan Central, 80; Missouri Pa
cifc, 25h; Mobile and Ohio, 2Sik; Nash
vile, Chattanooga and st. Louis. STA;
United States Cordage, SIS; do preferred
11h; New Jersey Central, 1O7; New York
Central, 96ik; New York and New En-
gland, As: Norfolk and Western. preferred.
1874; Northern Pacific 1875; do preferred,
27A; Northwestern. 1854; do preferred.
14S; Pacific Mail, 25ls Reading, 313s; Rock
Island, 749s; st. Paul, 79A; do preferred,
l2sIk: Silver Certificates. 65A; Tennessee
Coal and Iron, S2ls; do preferred, 80;