The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-02-11
FINANCIAL.



market is quiet. Banks are buying at
| par and selling at Lilo per cent. premium
for amounts 10 5000 and over.
/ Securities-The market was extremely
| quiet and duh, except Southwestern stock,
/ which was hardening.
| Stocks and Bonds-State Bonds-Geor-
/ gia, 81 per cent bonds of 1880. 101 bid
/ l0lA asked; Georgia 31z per cents, due 1915.
/ lO2 bid, 1O212 asked Georgia AZ per cent
bonds. 1915, 1141z bid, us asked: Georgia
/ South Carolina AIS. 107 bid. los asked
CITY Bonds-Atlanta per cent. l9l bid,
los asked; Augusta AIS. 1925. los bid, 1O6
asked; Augusta per cent iii bid ii2
asked; Columbus vs. per cent. 10S bid. lOI
| III asked; Savannah 5 per cent, quar-,
/ terly April coupons, 1852 bid, 100 asked
| Sayannah, o 8 per per. cent quarterly May
coupons to SH az p ~ o oe ~ asked; Charles
Railroad Bonus-Savannah. FLORIDA and
! Western railroad general mortgage bonds,
asked; Atlantic and Gulf first mortgage
| consolidated per cent. coupons, January
and July maturity. 1897, 1O2 bid, iO8 asked;
I Central Railroad and Banking Company
collateral gold IS, 93ls bid. Sc asked; Cen
! trail of Georgia Railway first mortgage
| 5s, 1915, 100 bid Ill asked; Central Of
/ Georgia Railway consolidated SIS. 50-year
| gold bonds, IS bid, SO asked; Central of
! Georgia Railway, first preferred incomes,
Central p of Georgia @sf T Railway issued seed;
IS asked when issued; Central Of
10 asked when issued; Georgia railroad railroad
/ 6s 1910, Ill bid. liz asked: Charlotte Col
umbia and Augusta first 5s, 105 bid, i67
asked; Charlotte, Columbia and Angus
/ ia second mortgage Is, 112 bid, 113 asked /:
| Georgia Southern and Florida news IS. 93
/ bid, Sc asked: South Georgia and Florida
first mortgage Is, 1O5 bid, : asked; south
/ Georgia and Florida second mortgage Is
| 1O4 bid, - asked; Savannah. Americas and
/ Montgomery 5s, 50 bid, SO asked; Ocean
bonds
| 81 asked; City and Suburban railroad
first mortgage per cent. bonds, 1871 bid.
| 70 asked Electric Railway SIS, due 1879
| "a bid, 80 asked; Alabama Midland per
cent. Endorsed, - bid. 80 asked; Bruins
gick. and d,, western s. BID Is asked;
Southern Railway IS. 81 bid, 80 asked dSeiu'
Railroad stocksmo.A!Augusta and savan-
1 Dah 81 10 biz Sd s asked k ssorr Central
mond - bid, 17s asked; southwesfern' s9iS
bid, 9S1s asked Atlanta and west
4 tn IS and west Point O per ASKED eeSt
certificates, 80 bid. 100 asked: Savannah
Construction Company. 761a bid IS asked.
22lS aS bid, 28ls asked; Eiect r' I Lisbt
and Power C9mpa1Ey ~ : BID SS5z asked.
81 81 Oi bid, 50 asked; Germania n B BSnk
! 107 bid, 10S asked; Merchants National
Bank. 102 bid. l021s asked; National Bank
thorpe Savings and Trust Company, iO4
| bid. los asked; Southern bank of State Of
lS and 6iG trust as6ed ssy p
! 1O7 asked: Chatham Real Estate
and Improvement Company. A, 53l5 bid
Title Guarantee and Loan Company, s9iI
FACTORY Bonds-Augusta Factory. ss
1881 bid, 104 asked; Sibley Factory 6s. 1O6
bid, 1O1 asked; Enterprise Factory Isl los
bid, 106 asked; Eagle and Phenix Manu-
featuring Company. per cent. bonds, So
FACTORY Stocks-Savannah Cotton Far
tory, go bid, GA asked; Eagle and Phoenix
AaFTfts Fa6tor SoTPf b2 6id e
ley Factory, los bid. ITO asked; Enter
prise Factory, common, 101 bid, 104 asked:
J. p. King Manufacturing Co., los bid. ITO
asked: Sbley Manufacturing Company
so bid SO asked Savannah Brewing Com
pany, 81 bid, Sc asked.
New York, Feb. 1O.-Money on call was
at 4Q6 per cent; the last loan was at 4
per cent, and at the closing was offered
at per cent. Prime mercantile paper,
Sal per cent.
Bar silver, 673sc.
Sterling exchange, weak. with actual
business in bankers bills at 81 S6lb for
sixty days, and $4.s719 for demand; posted
rates, $4.Sq4. SS12. Commercial bills, S4.S5
Government bonds were higher; state
active.
Silver at the board was neglected.
New York, Feb. 1O.-The treasury bal
ances to-day were as follows: Com. siOS,-
O0.672; currency, $50, 10SS47.
New YORK, Feb. 10, noon.-Erie, 16l5;
NorthWestern, 105A; do preferred. 1857;
Lake Shore, 1859; Norfolk and Western
preferred Sl9; Western Union, S6ls; South
ern Railway, common, 105s: do preferred
S212; American Sugar. lis; Baltimore and
Ohio, 49,; Canada Southern, SOS; St. Paul,
769s; Rock Island, 1884; Delaware and Hud-
son, 1885, Delaware. Lackawanna and
western 81 lS3 I'm Manhattan lo9; Michigan
New York, Feb. 10.-The transactions
aggregated Al, O42 shares. the largest total
business was in Sugar. Tobacco and ST.
Paul. still the general list was decided
" more active than of late, and the deal
ings were well distributed. The tendency
of the market in the main was toward
higher prices. At intervals a few of the
leading speculatives reacted sharply I'M
der realizations, but the declines invarf-
ably brought in fresh buying orders ana
rallies quickly ensued. The bull specula-
tions received its first empetus this morn
ing from London, where securities were
above the parity of our closing on Satur-
day. The foreigners bought fully 10000
shares in this market The reduction of
1Rc in the posted rates for sterling ex-
change and continued deposits of gold in
the sub-treasury on account of payments
for the new government loan stimulated
the new upward movement in prices.
Sugar in the early trading rose 2 to 1855.
but later declined to 112A on the introduce
ton in the Senate of an amendment to
the tariff bill to take off the one-eightn
differential on refined sugar AS the tar
iff bill with the free silver rider is not ex-
pected to pass. those who sold Sugar down
to the figure named were covering at the
close and a rally to 113%M113k occurred
Tobacco was the most erratic stock of the
day 1t fell 20 to 1914, and rose to 76l5.
declined to 751a, jumped to 1872, receded to
77la and finally sold as high as sou, clos
ing at 1874. There were heavy purchases
to cover shorts, one firm alone being cred
tied with buying orders to the extent
of over 10000 shares. The advance in the
general list was equal to 12d115 per cent,
the Changers leading. Among the spe-
cialties, Manhattan moved up ~ 10 113 on
a reiteration of the rumors recently cur
rent that the Metropolitan Traction peo-
pie had made an offer to lease the road
on a guarantee of 8 per cent. per annum
The stock finally receded to 111%. Con-
solidated Gas jumped 3lk to 1919, reacted
to 1903 and closed at 1878 Leather pre-
to 66, Baltimore and Ohio was 2 points
lower. at 81. The market closed steady
in tone Net changes show advances OF
q to 35s per cent. Manhattan and To-
bacco were in the lead; Reading, however,
lost q; Jersey Central y; Leather common
"a and Leather preferred IL per cent.