The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-11-12

incomes, DID, asked; Georgia railroad
6s, 1910, los bid, 10 asked; Charlotte, Co.
lumela and Augusta first 5s, 107 bid, loS
asked; Charlotte. Columbia and Au-
gusta SECOND mortgage Is, Ill
bid, 1ie asked; Georgia Southern and
Florida new 5s. SO bid 9S asked; South
Georgia and Florida first mortgage Is, 105
bid, LOG asked; South Georgia and Flor
ida second mortgage rs, 1O4 bid, los asked;
ocean steamship per cent.
bonds, 1926, 100 bid, los asked; City ana
Suburban railroad first mortgage per
cent. bonds bid, rs asked; Electric
railway 5s, due 1885, 10 bid 10 asked; Ala
bama Midland per cent. Endorsed. IS bid,
IS asked; Brunswick and Western As
- bid, 20 asked; South Bound railroad S.
bid, 10 asked; Southern Railway S. 80
bid, 80 asked; Georgia and Alabama first
preferred IS, 96 bid, IS asked; Georgia
and Alabama first consols, u bid, 70
asked.
Railroad stocks-Augusta and Savan-
nan, 81 bid 50 asked; Georgia common 100
bid, 1853 asked; Southwestern, 91ls bid, 81
asked; Atlanta and West Point railroad
stock 10l bid, 102 asked Atlanta and
West Point per cent. certificates, 100
bid, asked; Savannah Construction
Company, 20 bid, Y asked, ex-div.
Gas Stocks-Savannah Gas Light stock.
21l2 bid, p asked; Electric Light and
POWER Company 60 bid, asked.
Bank Stocks, Etc.-Citizens Bank, 1924
bid, - asked; Chatham Bank, 46 bid,
a asked; Germania Bank, 1O7 bid, 1919
asked; Merchants National Bank, 50 bid,
81 asked; National Bank of Savannah,
125 bid, 12S asked: Oglethorpe Savings and
Trust Company 102 BID, 1887 asked; South
ern Bank of the State of Georgia, 1863 bid,
Ill asked Savannah Bank and Trust Com
pary, 10l bid, 1929 asked; Chatham Real
Estate and Improvement Company, A, 52A
bid, 5SA asked; B, so bid, 81 asked; Peo-
pies Savings and Loan Company, 30 bid,
9115 asked
Factory Bonds-Augusta Factory, IS, 100
bid, 102 asked; Sibey Factory 6s, 100 bid.
lO1 asked; Enterprise Factory IS, 1O1 bid,
lO2 asked; Eagle and PheniX Manufacture
ing Company, 6 per cent. bonds 40 bid, 80
asked.
Factory Stocks-Savannah Cotton Fac
tory, - bid. so asked; Augusta Factory, II
bid, so asked; ex-div; Graniteville Factory,
145 bid, $50 asked; Langley Factory, 100 bid,
Jos asked; Enterprise Factory, common,
So bid, 100 asked; ]. P. King Manufacturing
Company, 1902 bid, los asked; Sibley Man
ufacturing Company, 70 bid, Il asked: Sa-
vannah Brewing Company, 50 bid 191
asked.
London. Nov. 11.-Bar silver, 297sd. Con-
soils, 1908 for money and 1l0l5 for the ac-
count.
Paris, Nov. 11.-Three per cent rentes,
102 francs So confines for the account
New York, Nov. ,11.-Money on call was
easy at 3Q4la per cent; the last loan was
al 3 per cent, and at the closing was Of
fered at per cent Prime mercantile pa
per, 76fS per cent. Bar silver, 647sc. Ster-
ling exchange dun and steady, with act
ual business in bankers bills at S4S2@
4.S2A for 60 days. and 81. S5hG4S5ia for de-
mand; posted rates $4S21504S6. Com
mercial bills, S4.S01aG4S119. Government
bonds lower. State bonds were dull
Railroad bonds were dull. Silver at the
board was quiet.
ces were as follows: Coin, sl19, ,947; cur
rency, S5L95S92t.
New York, Nov. 11.-noon Erie, IVA /;
Northwestern, los; preferred, Jas; Lake
Shore, 80; Norfolk and Western preferred,
10; Western Union. 89ia; Southern Rail-
way. common, 113s; Southern Railway
preferred, 321a; American Sugar 1925: Bal
tfmore and Ohio, 17i4; Canada Southern,
80; St Paul, 7SiA Rock Island, "a; Della
ware and Hudson 12S1a; Delaware. Lack
awanna and Western 100; Manhattan
l00sl; Michigan Central, 80; New York Cen
trail. 961h. Speculation firm
New York, Nov. 1.-THE security mar
kets were less active to-day, the sales of
stocks footing up 1905 and of railway
and miscellaneous bonds, $2,414,C00. AS
compared with previous days of the week
both totals show a falling off The ten
dency of prices was downward, but the
decline was stubbornly contested through
out. AS of late, the selling was mainly
for professionals, who are working for
reaction, although here and there in the
list, sales to realize profits were noted
In view of the advance of late, these
sales excite little or no comments. At the
start lower cables from London and the
poor showing of the St. Paul for the first
week in November had an adverse in
fluence. Prices broke 81 per cent. for
Manhattan to 1904 and the general mar
ket ran off Ad13s per cent, Sugar being
most prominent. The break in Manhattan
was due to the disappointment felt in
certain quarters over the annual election.
1t was expected that the new board would
contain at least one representative of a
leading life insurance company, but this
proving not to be the case, recent buyers
turned sellers. Toward midday the mar
ket assumed a firmer tone, and commits
sion houses reported an increase in out
side orders, the result Of the successful
negotiation Of the Venezuelan treaty. AS
the day wore along the bears became
more aggressive, and an unfounded rumor
of the death of Cornelius Vanderbilt was
used with some effect Sugar, the Gran
gers, Louisville and Nashville, West
ern Union, Tennessee Coal, Southern
Railway preferred and Northern Pacific
preferred were specially Nctlhs NOiSth-
ering the efforts put forth, the decline
in prices was unimportant. The fact OF
the matter is, that the feeling is decided
" confident as TO the future, and stocks
are finding ready buyers at each conces-
sion. Confidence was stimulated by the
declaration of the usual dividend by the
Burlington and Quincy. the action of the
bituminous coal carriers Of the Ohio val
lev in forming a traffic association for
three years, the increasing ease in money
and the successful placing of the New
York city loan. These bonds were award
ed on a basis which returns an annual
income OF 32 per cent. Already sales
have been made to private investors at
an advance. In the late dealings, Sugar
declined to 12i The company, at the
opening of business, announced an adj
vance of &c in refined sugar but later
a. reduction OF equal proportions was
made. Manhattan, after breaking to lOOA,
rallied to 1925, and receded to l0OAalOl.
Speculation closed weak. Net changes
show losses of l4@i per cent. outside OF
Manhattan. which fell ~ per cent. To-
bacco was in demand, and rose to s29s, on
an unfounded report of a settlement OF
the rate war Tr3:h the western plug man
ufacturers Bonds we're weak in sympa-