The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-09-01

Central of Georgia railway first mortsa 90
5s, 1885, - bid, l07 asked; Central of Geor
gia railway, consolidated 5s 50-year gold
bonds, = bid, IS asked; Central of Georgia
railway first preferred incomes, % bid. =
asked; Central of Georgia railway second
pref. incomes, liz bid Ia asked; Central
of Georgia railway third preferred incomes
bid, asked; Georgia Railroad IS. 1910
bid, 112 asked; Charlotte, Columbia and
Augusta first 5s, 100 bid, l0l1h asked. Char
lottle, Columbia and Augusta second mort
gage z, - bid, 112 asked Georgia Southern
and Florida, new 5s, bid 80 asked.
South Georgia and Florida FIRST morteape
Is bid l06 asked; South Ca1 1880
and Florida, second mortgage Is. = hid lax
asked; Savannah, Americas and Mont
gomery, 5s, - bid, 6S asked; Ocean Steone
Ship per cent. bonds, 1926, = bid, IS asked.
City and Suburban railroad first rnortsNo'r,
per cent. bonds, : bid, rs asked: FIeseStr5io
Railway IS, due 1885, = bid, 20 asked. Az ~
bama Midland per cent. indorsed = hid
81 asked; Brunswick and Western As 'iu'
bid 7S asked; South Bound railroad E
bid75 asked Southern railway IS 7siSI,s
1917 asked; Georgia and Alabama |z ~
soils. - bid, 70 asked. N0"-
Railroad Stocks-Augusta and ca,.-
nah, IS bid, 50 asked, ex-div.; Ge cyah,
common, 100 bid, lO4 asked; Southwestern
81 bid So asked ex-div.; Atlanta gu,
West Point railroad stock, 971bbid eSiL liiu
cd: Atlanta and West Point par |@ . esh-
certificates, bid, 9S asked: SavaIne,,latp;,
Construction company, 60 bid, 70 asked
Gas. StocksIsavannah Gas Light stock
20 bid, q asked, ex-div.; Electric iShh..
and Power Company, IS bid, so asked
eX-div.
Bank Stocks. Etc.-Citizens Bank. 11on
bid, Ill asked, ex-div.; Chatham RANK
461s bid Az asked. eX div. ;Germania Bank,
107 bid, 1071a asked: ex-div.: Merchants
National Bank, 80 bid, 911b asked; National
Bank of Savannah, $50 bid, 1872 asked. ex
div; Oglethorpe Savings and Trust Com
pany 1929 bid, 1882 asked, eX-div.; South
ern Bank of the State of Georgia. 1891 bic
11O1a asked, ex-div.; Savannah Bank and
Trust Company, 103 bid, 1O4 asked.
ex-div. Chatham Real Estate and I'm
proVement Company, A, 50 bid, 53% ask
ed B, 501z bid, 81 asked. ex-div.; Peo-
pies Savings and Loan Company 91h bid,
9215 asked.
Factory Bonds-Augusta Factory IS, 1O2
bid l0S asked Sibley Factory IS, 100 bid,
lO2 asked; En- terprise Factory IS, 1903 bid
lO4 asked Eagle and Phenix Manufactur-
ing Company, per cent. bonds, - bid, 60
Factory Stocks-Savannah Cotton Fac
tory. = bid so asked; Augusta Factory,
II bid, 80 asked, ex-div; Granite Vile Fac
tory las bid, $50 asked; Langley Factory,
los bid, 10 asked; Enterprise Factory,
common, So bid, 1O2 asked, ex-div. j. p.
King Manufacturing Company. 1o5 bid, los
bid, rs asked; Savannah Brewing Com
pany, - bid, 70 asked.
London, Aug. 81 Bar silver, 80 11-i6d;
consols, liz 9-l6d for money ard 1129s for
the account. Paris advices quote 8 per
cent. rentes 102 francs 60 centimes for the
account.
New York, Aug. 31.-Money on call act
i've at 6@12 per cent; the last loan was
at per cent, and at the closing was Of
fered at per cent. Prime mercantile
paper. sos per cent. Bar silver, $3.50.
Sterling exchange steadier, with actual
his 49, IN
for sixty days, and $4S41564S4sz for de-
mand. Posted rates, S4.s211Q4s5. Com
mercial bills, $4.S1A. Government bonds
strong; state bonds dull; railroad bonds
higher, Silver at the board was neg
lected.
New York. Aug. s1.-noon-Erie. 1914;
Northwestern, 95A; preferred, 141 bid;
Lake Shore, 141l5; Norfolk and Western
preferred, 10; Western Union, TIA; South
ern Railway common, 7: Southern Rail
way preferred 2O7s American Sugar,
1854; Baltimore and Ohio 1872; Canada
Southern, 441a; St. Paul. 66ss; Rock Island,
56l2; Delaware and Hudson. 1854 Della
ware, Lackawanna and Western, 15l15;
Manhattan, S21s Michigan Central, SO,
New York Central. go. Speculations
strong with an approach to huoyancy.
[ New York, Aug. 31.-A more confident
tone characterized the railway and mis-
cellaneous share speculation and bust
ness was also on a larger scale. The
transactions in stocks reached total of
pa, 1856 shares. and in bonds, $685. 600. At the
opening there was slight period of hest
fancy cables having reported American
securities slightly lower there. An an
nouncement of the further engagement of
So 900 gold abroad for shipment to New
York soon brought about a decided change
in sentiment, and the market ruled strong
until late In the day. There was extensive
Of fhrottoTan,rf
commission houses had a little more to do
The great factor at work, however, was
the importation of gold, the amount now
on the way and the arrivals of last week
footing up the large total of $4,000, OOO
This it is expected will relieve the tension
in money and some operators in conse-
quence were disposed to cover up their
short contracts and assume risks on the
bull side. No clearing house certificates
were called for and from present appear
ances ii is not likely that any will be is
sued. This is also having it's influence with
the trading element. The rise in prices
ranged from y to 33s per cent, the latter
in Tobacco, which advanced from IS to 60%.
Manhattan, Sugar the Changers, Lake
Erie and Western preferred and Lacka-
wanna, gained IA to 2s per cent. During
the afternoon trading was less active and
near the close money jumped to Y per
cent. bid. At the same time Sterling ex-
change showed tendency to strengthen.
Actual rates recovering fractionally thus
reducing the profits on gold imports. The
result was that some of the smaller bulls
on stocks decided to take their profits and
their sales brought about a general reac-
ton Of A@1A per cent. At the close, how
ever the market was firm in tone. Net
changes show advances of 1zQ2b per cent.
on the day. Louisville and Nashville, 5s
per cent. on selling fonb london account. In
the inactive issues Illinois Steel fell 2lz to
SOIk, and recovered to 3SAd87 Minnesota
Iron dropped to 40. and rose to 1904;
Lead preferred advanced to so. and Me-
tropolitan Traction, 49, to Hh. Sugar,
which was the most active stock, figured
for 1920 shares. The sales of St. Paul
were q. 300, and of Tobacco 1890 shares.
Bonds were strong. Total sales were $685.
900.
New York Stock List-Closfng Bids
Stocks and Bonds-American Cotton Oil,
81; do preferred, AZ; Sugar Refinery, 1881;
do preferred, 97%; American Tobacco,
591h; do preferred. SO; Atchison. Topeka
and Santa Fe, H. Baltimore and Ohio, Is;
Canada Pacific, s.; Chesapeake and Ohio,
1874; Chicago and Alton, $50; Chicago. Bur-
lington and Quincy, SIS; Chicago Gas,
$3.50; Delaware Lackawanna and Western,