The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-10-20
THE MORNING NEWS: TUESDAY, OCTOBER 20 1896


pany. 1919 bid. 1929 asked; Chatham Real
Estate and Improvement Company. A, 81
bid, So asked; B. 80 bid. 81 asked; Peoples
Savings and Loan Company, 30 bid, 91h
asked.
Factory Bonds-Augusta Factory 6s, 100
bid, 102 asked; Sibley Factory IS, 100 bid,
l0l asked; Enterprise Factory IS, 101 bid,
l02 asked; Eagle and Phenix Manufacture
ing Company, per cent. bonds, 81 bid. Il
asked.
Factory Stocks-Savannah Cotton Fac
tory, - bid, 50 asked: Augusta Factory, rs
bid, n asked, eX-div.; GraniteYille Factory
As bid, $50 asked; Langley Factory, 1903 bid
O5 asked; Enterprise Factory. common,
30 bid 100 asked; ]. p. King Manufacturing
Company, 100 bid, 1903 asked; Sibley Man
ufacturing Company, 20 bid, IS asked; Sa-
vannah Brewing Company. 81 bid 80 ask
ed.
London. Oct. 1s.-Consols, lots for
money and los for the account.
Paris, Oct 10, 4:S0 p. ms per cent
rentes. 1O1 frances AZ confines for the
account.
New York, Oct. 19.-Money on call was
active at 6q10 per cent; the last loan was
at 6 per cent and at the closing was Of
fered at per cent. Prime mercantile
paper, 10dl2 per cent. Bar silver, 651sc
Sterling exchange, steadier, with actual
business in bankers bills at sassy for
sixty days, and 81. S3i4 for demand; posted
rates, 81. S304 81. Commercial bills, 81 800
4.S0. Government bonds were quiet; state
bonds We're dull; railroad bonds were
firm Silver at the board was higher.
New York, Oct. 19.-The treasury pal
ances were as follows Coin, $126 405, 40;
currency, So, $50, 635
New York, Oct 49, noon-Erie 1872;
Northwestern, 99A preferred, 142l5; Lake
Shore, 1441a Norfolk and Western pre-
ferred. 1914; Western Union, S3A; Southern
TD.sT
preferred, 24A American Sugar, 1903; Bal
timore and Ohio. 14l4; Canada Southern,
49, st. Paul, 70A; Rock Island, CO.'S; Della
ware and Hudson, 1924; Delaware, Lacka-
wanna and Western, 1A1a; Manhattan,
9lA Michigan Central IS; New York Cen
trail, 90&. Speculation strong.
New York Oct. 19.-The stock market
was anything but active to-day, the sales
footing up only 152, 474 shares, but there
was radical change in the temper of
speculation, and a bullish tone character
lied the dealings throughout. The up
ward movement received its first impetus
from the buOyancy and excitement in the
grain markets, which advanced sharply
under the influence of a brisk foreign de-
mand In addition to this the renewed
weakness of sterling exchange exercised
favorable influence, as the reduction Of
a full cent in the posted rate for long ster-
ling, and half a cent in the demand rate
this country at an early date. The nigh
rates of interest here practically insure
more receipts of gold unless the Bank Of
England rate is put up this week. There
were several reactions in the stock market
during the session, owing to the sharp
fluctuations in the rates for money, but
each decline brought in number of buy
,ng orders, which not only rallied the list,
but led to a still higher range of quota
tons than was current before. The rise
was equal to 1243A per cent, and was due
in great measure to the fact that the
shorts took alarm at the continued
strength and advance in the other spec-
ulative markets. The market left off
| firm in tone. Net changes show advances
| of a to per cent, Sugar leading. Man
| NATHAN was an exception, having been
| irregular throughout, and closed only u
| per cent. better than on Saturday. Among
| the specialties, Minneapolis and st. Louis
| preferred fell 212 per cent. The Railway
| and miscellaneous bond market was duh
| and strong. Sales were S78l 600.
| New York Stock List Closing Bids
! Stocks and Bonds-American Cot. Oil, 1874 f;
do preferred, 80; Sugar Refinery, HOG; do
! preferred, 9l4; American Tobacco, 7034 do
preferred, 81 AtchisOn, T. and S. F., 1874;
! Baltimore and Ohio, 1872; Canada Pacific,
IS; Chesapeake and Ohio, IA; Chicago and
Alton, 155; Chicago, B. and G., 7O1a; Chi
| cago Gas, 81; Delaware, Lackawanna and
Western, 154A; Dis. Cat. Feed, -; Erie,
| 1884, do preferred, 81; Edison General Elec-
trio, 261a; Illinois Central, 81; Lake Erie
and Western, 1434 do preferred, 60; Lake
Shore, IN; Louisville and Nashville, 43;
Louisville and New Albany, q; Manhattan,
! 91A; Memphis and Charleston, Is; Mich
| igan Central, IS; Missouri Pacific, 1875;
Mobile and Ohio, II; Nashville, c. and St.
L., 6712 U. S. Cordage, AZ; do preferred 81;
| N. ]. Central. 1902; N. Y. Central, 81; N.
| Y. and N. E., 45 asked; Norfolk and West
| ern preferred, Is; Northern Pacific, 1874 I;
| do preferred, 2024; Northwestern, 1914 do
| preferred. 142; Pacific Mail, 1885; Reading,
| 23B; Rock Island 62A; st. Paul, 7024; do
! preferred, 1874; Silver Certificates 6515;
Tenn. Coal and Iron. 217s; do do preferred,
| 80 asked; Texas Pacific, 67s; Union Pacific,
| rs; Wabash St. L. and p, So; do do pre-
ferred 1414; Western Union. 1914; Wheel
| ing and L. E., 51a; do do preferred, 25;
Southern Railawy 5s, S31a; Southern Rail-
! way common, SIS; Southern Railway pre-
ferred "a.
State Bonds = Alabama A, 100; do B,
100; do c, "a; Louisiana stamped As, 80;
North Carolina As, 90; North Carolina IS,
| liz; Tennessee, new set IS, Is; Virginia 6s,
preferred, 5; Virginia Trust Receipts, AZ;
Virginia Funding Debt, 571a; South Caro-
| lima 45s. 100
Government Bonds United States 4s
! registered, 1862; United States As, coupons,
lO75s United States Is, registered 9215;
United States As, registered, new, lis; Uni
| ted States As, coupons, new 1854.