The morning news. [volume] (Savannah, Ga.) 1887-1900, 1897-01-13
THE MORNING NEWS: WEDNESDAY, JANUARY 49, 1897

biOr Iuo12 dShcOs CA-OAN-t NhdtAioHt
44la bid, 451a asked, ex-div.; Germanis
Bank, 1e6 bid 1918 asked. ex-div.; Mer-
chants National Bank. 92l5 bid, 93l2 asked
eX-div; National Bank of Savannah, 10 BIZ,
| 126 asked, eX-div.;s Oglethorpe saw
ings and Trust Company, 100 bid,
| 10l asked, eX-div. Southern Bank
of the State of Georgia. - bid, l6S asked
ex-div.; Savannah Bank and Trust Compa-
| ny, 100 bid, 101 asked. eX-div.; chatham
Real Estate and Improvement Company,
A. 521a bid, = asked; B, SOS bid, 81 asked,
| eX-div.; Peoples Savings and Loan Com
yany, 80 bid, SO asked.
Factory Bonds-Augusta Factory, IS, 100
bid 102 asked: Sibley Factory 6s, 100 bid
! 101 asked; Enterprise Factory 6s, 1O2 bid,
| 10S asked; Eagle and PheniX Manutactur-
ing Company per cent. bonds. 40 bid, 90
! asked.
Factory Stocks-Savannah Cotton Fac
tory, - bid. so asked; Augusta Factory 81
bid, So asked, ex-div.; Graniteville Fac
tory, AS bid, 151 asked; Langley Factory,
100 bid. 1o7 asked; Enterprise Factory
common, 80 bid, 1872 asked; ]. r. King
| Manufacturing Company, 103 bid, lN ask
| ed; Sibley Manufacturing Company, SO bid,
| 9S asked Savannah Brewing Company, 81
bid, 81 asked.
London, Jan. 12.-Bar silver, 20 l1-16d.
Consos, Ill 9-16 for money and 1ll% for
the account.
Paris, Jan. 12-Three per cent. rentes, 102
francs 321z confines for the account.
/ New York Jan. 12.-Money on call was
! easy at 115Q2 per cent. the last loan was
/ at ~ and at tfesciosing was offered at ll2.
Prime mercantile paper, SAQS34 per cent.
Bar silver, 64%c. Sterling exchange hrm
with actual business in bankers bills al
$4.S4i5@4.S434 for sixty days, and &,SIA@
4S712 for demand. Posted rates, $4.S5Q4.SS.
Commercial bills, $4.SS@4S4 Government
bonds steady; state bonds dull; railroad
bonds firm. Silver at the board was neg
| lected.
New York, Jan r. noon.-The specula-
tive market was dun at the following quo
/ tations:
Erie ........... Is Bait. & Ohio =, 1875
Northwestern ..1O25s Can. Southern 40
do preferred ..152 st. Paul ......... 74$s
| Lake Erie ...... .149 Rock Island -. 81
Nor. & w. prf 1873 Del & Hud...... 11OA
Westn Union .. S91s Del, L. & W...l5o
/ So. Try conn.,. ga Manhattan ...... 81
co pref ....... 261a Michigan Cent. 80
| Am Sugar ...... 11214 n. Y. Central 93la
New York, Jan. 12.-There was slight
falling off in the volume of trading at the
Stock Exchange to-day, the sales amount
ing to 115, $50 shares, against 126,C00 shares
| yesterday. In to-days total Sugar hgur-
ed for 17.700 shares; Union Pacific for r.
800 shares, and Wheeling and Lake Erie
for L, 800. The market displayed strength
| throughout, the signing of the Anglo
| American treaty by representatives of the
| United states and Great Britain, and the
| general outlook for good business haN-
| ing exerted a good influence. At the end
of the session a few stocks showed shght
| gains. Leather preferred, Sugar, Chica-
go Gas, Tennessee Coal, the Changers,
were all prominent in the upward move
ment Sugar sold up TO within fraction
Of ll3. Leather preferred, rose is to 6ias
on covering of shorts Tennessee Coal
! rose from 267s to 2S1a on the announcement
that strong interests will be represented
/ tn he, in laa fttll
tors are to meet tomorrow to make i'm
portant changes in the slate. The news
from Washington was to the effect that
the government, in view of the defeat Of
the funding bill, would begin foreclosure
proceedings. London was a seller, and,
according to estimates, parted with nearly
10000 shares of various stocks. The offer
ings We're quickly absorbed and made no
impression on prices. The feature of the
day, however, was the break in Wheeling
and Lake Erie, the common dropping
from 81 to 35sMHk, and the preferred from
235s to 163s017la. The decline was the re-
suit Of reports that application had been
made for a receiver. This was not con-
frmed, although it is generally admitted
that the Generalization in the bituminous
coal trade has affected all the soft coal
carriers. Long Island stock was duh I'M
til just before the close, when 400 shares
were sold at 50, a decline of per cent.
The per cent. bonds on the other hand
were stronger and rose 81 to IS, and New
| York, Brooklyn and Manhattan Beach,
consolidated IS advanced "a to 1864. The
appreciation in the bonds is due to the re-
cent formation of a syndicate to protect
the property. The directors of the Long
Island road met to-day, but took no ac-
ton on the dividend. In the past the d.
rectors have declared the February divi-
dend at the January meeting. Baltimore
and Ohio was another weak spot and fell
21k to 147s with a subsequent recovery to
1873. Speculation in the final dealings
was strong in tone. Wheeling and Lake
Erie lost 12s and do preferred, SIS per cent
on the day. Bonds were higher Sales
footed up S1,545O00.
New York Stock List, Stocks and Bonds
at the Closing
Am. Cot. OIL. ban. Y. Central 93l5
do pref ........ 50 N. Y. q n. E.. 45
Sugar Refinery. 1925 Norf. & w. pref. 1914
do pref ........101 Northern Pacific II
Am. Tobacco -. 79 do pref ........ 33is
do pref ....... 1861 lNorthWe stern LOB
A., T. & S. F.. 14lsl do pref ........153
Bait & Ohio.... 1879 Pacific Mail go. "a
Can. Pacific -. 55s4 Reading ....".... 267s
Ches. & Ohio. 17ss Rock Island ......671s
Chicago & A....163 st. Paul ......... H1s
c., IS. x O.. 72bl DO pret .........l3O
Chicago Cas-. 75I4 Silver Certif..... 64s
Del. L. & Wis Tenn. c. & IT,. 2S3s
Erie .............. g4tsl 40 90 pret'..'. ~
do pref ........ % lIeAdS racine VS.
Edison Gen. E.. 1874 Union Pacific. IA
Illinois Central. 1924 W., st. l.. & p. So
Lake L. & w.. 1872 do do pref 16
do pref ANN. 67A West. Union..... S3A
Lake Shore ....151 w. & L. En-.
Louis & NJ. 49A do do pref 80. II
Louis & n. A. a So. Ry 5s......... 1914
Manhattan ..... SSA so. Ry conn.,. 99s
Mem. & Chan. Is So. Ry pref. q
Mich. Central. 80 N, c. & ST. L.. 671s
Mo- Pacific see. 2O1slN. j. Central ....l0l
Mobile & o.. q
State Bonds.
Alabama A.....1O4 Tenn. new set IS tn
do Il .........103 va. S. pref .....
do c ...........94 Va. Trust Rec. 6
Ia. stamped As. 30 Wa. Fdg Debt. 61A
n, c. As ........lOO $50. Carolina 41zs.lOO
N C. 6s ........l2o
Government Bods
" & As. reg. .l10sl 10. 8. IS, new, reg.190sk
II s. As. coup. . .111ss US. As new, cou.12O%
u s. Is, reg. 9512