The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-09-24

I
46la asked; Germania Bank. 1851 bid, 107ls
asked; Merchants National Bank, 80 bid.
| 81 asked; National Bank of Savannah,
| = bid, 1904 asked; Oglethorpe Savings and
Trust Company, 102 bid, 1903 asked; South
ern Bank of the State of Georgia, 1863
DID, III asked; Savannah Bank
| and Trust Company, 1o2 bid, 1872
asked; Chatham Real Estate and Improve
ment Company, A, SO bid, 81 asked; b, 50
bid, % asked; Peoples Savings and Loan
Company, 80 bid, 81 asked, ex-div.
FACTORY Bonds-Augusta Factory IS, 100
bid lo2 asked; Sibley Factory Is, 80 bid,
lOl asked; Enterprise Factory 6s, 100 bid,
lO1 asked; Engle and Phenix Manufactur-
ing Company, per cent. bonds, - bid 60
asked,
Factory Stocks-Savananh Cotton Fac
tory, - bid, 50 asked; Augusta Factory,
! 70 bid, Is asked, exdiv.; Graniteville Fac
tory, l45 bid, $50 asked; Langley Factory.
100 bid, los asked; Enterprise Factory,
| common, 80 bid, 100 asked; ]. p. King
Manufacturing Company, 100 bid 1903 ask
ed; Sibley Manufacturing Company. rs
| bid, Is asked; Savannah Brewing Com
pany, - bid, Is asked.
London, Sept 2S.--I3ar silver, S0Ad; con-
soils, l09 ZIG for money and 1904 for the
| account. Paris advices quote per cent.
rentes 101 francs 80 centimes for the ac-
count
New York, Sept. S.-noon.-Erie, 10;
! Northwestern, 80; preferred 40; Lake
Shore, 145h; Norfolk and Western prefer
red, 12l9; Western Union, S3ss; Southern
| Railway, common, ~ Southern Railway,
| preferred, 2l%; American Sugar, 112b;
Baltimore and Ohio, 1872; Canada South
ern, 441a; st. Paul, 71A; Rock Island, 611s;
| Delaware and Hudson, 1211R; Delaware,
| Lackawanna and Western, 154; Manhat-
TAM S67s; Michigan Central, 81; New York
Central, 92A. Speculation strong.
| New York, Sept. 23.-Money on call was
easy sos per cent; the last loan at 31a
per cent, and at the closing, was offered
at 91s per cent. Prime mercantile paper
quiet SOLO per cent. Bar silver, 651ac;
sterling exchange steady, with actual
| business in bankers bills, at $4.S11k44. S2
for sixty days, and $4.S3G4.S4. Posted
rates, &.S2d4 .S415; commercial bills, 81 500
4,S1; government bonds were firm; state
| bonds were dull; railroad bonds were
strong. Silver at the board was quiet.
New York, Sept 23.-The treasury bal
! ances were as follows: Coin, 1924, 764, SO3;
currency. $61, 4S1 $40.
New \ orl, Sept. 23.-Sugar was the
feature of the stock market to-day. 1t
| opened slightly lower at 1111R and soon
| dropped to 1101a. The decline was fol-
| lowed by purchases to cover short con-
tracts, and a rise to 11215 followed. Sub
| sequently the selling movement was re-
newed, and a return to 1101s followed
| The transactions were heavy, the stock
| figuring for $500 shares in a grand total
/ of 220,S97 shares. The erratic course of
| the stock naturally caused a good deal
of comment. One story was that the in
siders had parted with their speculative
| holdings. A rumor, which gained cur
rency late in the day, and which induced
| some selling, was to the effect that the
Moltenhauer refinery of Brooklyn would
| increase its capital to $50 1000. The
| of CT In he
fact that the Moltenhauer company is
outside of the trust. Reading was next
i in point of activity and sold up to 1872
| the best price for a long time past. The
| bonds of the company were also in re-
| quest, and scored material gains. The
| securities of the company were influenced
| by the completion of the foreclosure pro-
| ceedings at Philadelphia to-day. The
general list ruled rather weak, after the
| opening, on account of the heaviness of
! Sugar and a belief that the Bank of
| England will advance it's rate of discount
A report was also afioat that the bank in
| tended to put up its price for bar gold
and American eagles. This, it was ar
! gued, would check the flow of gold this
| way. Nevertheless, the sum of 81, 500 600
| additional gold was withdra wn from the
| bank to-day for export, bringing the total
! engagements on the way and delivered
| since Aug. % last up to nearly Sal 100000
!
not last long, and by 2 o'clock the early
losses were not only recovered, but in
number of instances the highest figures
| of the day were reached. At the top notch
! the leading issues showed advances of A0
per cent. Near the close, when Sugar
| disclosed renewed weakness, the entire
market sympathized, and a recession of
A@lA ensued. Speculation closed barely
steady. Net changes, either way, were
confined to the fractions. Reading, how
ever, rose / and Chicago Gas u per cent,
while Sugar lost rs per cent. In the in
active issues Cordage stock gained " to
315, and Illinois Steel 22s per cent. on the
day. The bond market was strong and
active. Sales footed up $1,374C00.
New York Stock List-Closing Bids
Stocks and Bonds-Amercan Cotton Oil,
| 12A; do preferred, 46; Sugar Refinery, 10Y
do preferred, 99A; American Tobacco,
621s; do preferred, IS; Atchison, Topeka
and Santa Fe, In; Baltimore and Ohio.
IA; Canada Pacific, 81; Chesapeake and
Ohio 141s; Chicago and Alton, 1856; Chi
cago, Burlington Quincy. 6S; Chicago Gas,
607s; Delaware, Lackawanna and Western
151A; Erie, 125; do preferred, %; Edison
General Electric, 27A; Illinois Central,
SS1h; Lake Erie and Western. 141s; do pre-
ferred. 64% Lake Shore, 145; Louisville
and Nashville, 40; Louisville and N. A.,
2; Manhattan &c. Memphis and Charles
ton, IS asked; Michigan Central, 81; Mis-
souri, Pacific, 1915; Mobile and Ohio, 1914;
Nashville, Chattanooga and st. Louis,
GA United States Cordage. Az; do pre-
ferred, 9; New Jersey Central, 1929 New
York Central, 80; N. Y. and N. E., 20 bid;
Norfolk and Western, preferred, 121a;
Northern Pacific, II; do preferred, 2OA;
Northwestern IS; do preferred, 80;
Pacific Mail, 1872; Reading, 1874; Rock Is
land, CO.'S; st. Paul. 70%; do preferred, 127;
Silver Certificates. 651a; Tennessee Coal
and Iron, 21h; do preferred, 80 asked;
Texas Pacific, 61a; Union Pacific 6A; wa
BASH St. L. and p. So; do preferred. 1873;
Western Union, s27s Wheeling and L. e.,
6; do preferred. 2iA; Southern Railway SIS,
$40; Southern Railway common, ~;
Southern Railway preferred, 21h.
State Bonds-Alabama a, 101 bid; do b,
100 asked; do c. 95; Louisiana stamped As,
90 bid; North Carolina As. IS; North Car
DINA 6's, 10 bid; Tennessee, new set, 3s.
rs; Virginia 6's preferred, bid; Virginia
Trust Receipts, bid; Virginia Funding
Debt. 56si bid South Carolina 415's. 95.
Government Bonds-United States AS,
registered 106h; United States as. cou-
pons, lO75A; United States rs, registered,
92Ia bid; United States As, new, registered,