The morning news. [volume] (Savannah, Ga.) 1887-1900, 1897-01-24

| CONSTRUCTION company, ~ DID, "A aSkeu
| Gas Stocks-Savannah Gas Light stock,
q bid, BIG asked ex-div. Electric Light
and Power Company, 65 bid, 81 asked; ex-
| div.
Bank Stocks, Etc.-Citizen's Bank, 1OS
bid, 1851 asked, eX-div.; Chatham Bank,
45 bid, 46A asked, ex-div.; Germania
! Bank, 106 bid, 107 asked, eX-diV.; Mer-
chants National Bank. 92lz bid, 9Sls ask
ed. ex-div.; National Bank of Savannah,
( l26 bid, 127 asked eX-div.; Oglethorpe Saw
ings and Trust Company, 100 bid, 1Ol ask
ed, eX-div.; Southern Bank of the State
of Georgia, - bid, 16S asked. ex-div. :;
! Savannah Bank and Trust Company, 100
bid, l0l asked, ex-div.; Chatham Real Els
tate and Improvement Company, A, 52h
bid, asked; B, 81 bid, 511s asked, ex-
div; Peoples Savings and Loan Com
pany. 80 bid, 80 asked.
Factory Bonds-Augusta Factory, 6s, 100
bid, 102 asked; Sibley Factory 6s 100 bid
10l asked; Enterprise Factory Is, 102 bid,
l0S asked; Eagle and Phenix Manufactur-
ing Company, per cent. bonds. 40 bid,
so asked.
Factory Stocks-Savannah Cotton Fac
tory, bid, so asked; Augusta Factory,
81 bid, SO asked, ex-div.; Graniteville Fac
tory 145 bid, 151 asked; Langley Factory,
i6 bid, 197 asked; Enterprise Factory
common, SO bid, 102 asked; ]. R. King
Manufacturing Company, 103 bid 104 ask
ed Sibley Manufacturing Company, 96
bid. 9S asked; Savannah Brewing Compa-
ny, 90 bid, IS asked.
London, Jan. 23.-Bar silver, 293zd. Con-
soils, 112 Ole for money, and 1925 for the
account.
Paris Jan. %, 4:9O p. m.-Three per cent.
rentes, 102 francs, IS centimes for the &C
count.
New York, Jan. 2S.-Money on call, 1902
per cent. Prime mercantile paper, 3dSl5
per cent. Sterling exchange inactive, with
in NIB
Q4.S4% for sixty days, and $4.S634d4S7 for
demand. Posted rates, $4.S51aG4.SS. Com
mercial bills, $4.S3Q4.S4 Bar silver, 647sc
Government bonds were steady; railroad
bonds were irregular. Silver at the board
was neglected.
New York, Jan. 23.-Treasury balances
Coin, $122, TAG, ITO; currency, 1854, 1884
New York, Jan. 23.-The weekly state
ment of associated banks show the fol-
lowing changes: Reserve, increase, 81, $685.
275; loans, decrease, 81, $50, 900; specie, in
| crease, $1,1S2, 800; legal tenders, increase
$5,105,SO0; deposits, increase, Sc, 09S, 300; cir
cuiation, decrease, 1924, 100. The banks
now hold $50, 800 in excess of legal re-
quirements.
New York, Jan. %, noon.-The specula-
tive market closed heavy, at the follow
ing quotations:
Erie ............. 145sl Bait. & Ohio -. Is
Northwestern ..1O312 Can. Southern E. 45
Lake Erie $50. 1921 Rock Island go. 67%
Nor. & w. pref. 1879 Del. & Hudson. los
Western Union. 1875 Del, L. & W.. 1881
! So. Ry., com. =. 9A Manhattan ...... 907s
do pref ....... 2S12 Mich. Central -. 80
Am. Sugar ...1165sN Y. Central =. "a
New York, Jan. 23.-Neither the favora-
BILE bank statement nor the fact that the
clearing house exchanges for the week
showed a gratifying increase in clearings
as compared with last year, had any in
| huence on the stock market to-day. The
| absence of foreign orders was seriously
felt and local traders showed a DISPOSE
ton to hammer the market from start to
finish. Reports of poor earnings of the
western roads and the sluggish movement
of corn. which is attributed to the low
prices for the cereal. added to the bearish
feeling against the railways. There was
also a pressure to sell the trust stocks,
because of the decision of Judge Fitzger-
aid against the directors of the tobacco
trust, who will have to stand trial. To-
bacco led the downward movement, drop
ping from rs to 1872. Sugar ran off from
| HIS to 1161a; Leather preferred from 6212
to 615s, and Manhattan from 91A to 9O9s
In the general run of stocks, the losses
were vol per cent. A considerable short
! interest was created, and as the session
drew to close, there was a disposition
to even up contracts. Tobacco rallied 1ss
| to 745s, and other stocks recovered 1G5s
per cent. Speculation closed steady in
tone. Union Pacific rose to 8 on the an
nouncement of the completion of the syn
dictate to pay off the government lien, but
London turned up as a seller and the rise
was afterwards lost. The total sales were
only 81 103 shares, of which II 300 were To-
bacco $500 Burlington, $500 Sugar, and
| $500 st. Paul Net changes, B@A per
cent. loss, except for Delaware and Hud-
son, which gained u, and Long Island,
which advanced Il per cent. Bonds were
firm; total sales, $4,000.
New York Stock List Stocks and Bonds
at the Closing: