The morning news. [volume] (Savannah, Ga.) 1887-1900, 1897-08-25

| Company, 100 bid asked Chatham Real
! Estate and Improvement Company. A, 50
! bid asked; b. 54A bid. - asked; Peo-
pies Savings and Loan Company. % bid
- asked.
Factory Bonds Augusta Factory 6s
! l0l bid, 1O2 asked; Enterprise Factory IS
! 100 bid, l0l asked; Eagle and PheuX
| Manufacturing Company, per cent.
bonds, 40 bid. ~ asked, Sibley Manufac-
| turing Company IS, l0l bid 102 asked,
Factory Stocks-Savaunah Cotton Fac
| tory, bid, % asked; Augusta Factory,
| 50 bid. 50 asked; Granitevlle Factory, l45
bid. Isl asked; Langley Factory l04 bid,
1864 asked; Enterprise Factory. common.
SO bid, SO asked; ]. r. King Manufacture
| ing Company, l04 bid, l0J asked; Sibley
| Manufacturing Company. 70 bid, rs asked;
| Savannah Brewing Company, bid IS
| asked.
New York, Aug. 24-Money ON cali was
| easy at lQll2 per cent. the last loan was
at IA per cent, and closed at 1GIA per
cent. Prime mercantile paper, 394d4lsc
| per cent. Sterltng exchange weak, with
actual business in bankers bills,
| at A.S54Q4S5l2 Tor demand and $4.S3ss6D
4S3le for sixty days. Posted rates. S4S4la
| GAS512 and AS6l2dtS7. Commercial bills,
| &S2l9. Silver certificates. 52Q52i3c Bar sill
| yer, slice. Mexican dollars S9l3c Gov
| eminent bonds irregular; state bonds dull;
railroad bonds firm.
New York. Aug. 24-The Evening Posts
GOHuOH L lUdHCldl CdDleSrdm says. me
| stock markets were irregular to-day. Con-
soils were weak on India news, and Kafirs
! were dull. The settlement shows a small
| account but contangoes were fairly high
| There was further Improvement in Bra
| zils on the rise in exchange Americans
| opened firm and remained strong for the
| greater part of the day. but the close was
easier in the street Atchisons were espec-
| tally good OF the foreign buying very
| little was English. 1t is difficult to say
| whether stock will be scarce tomorrow
hut l know as fact that arbltrage houses
have been endea sorng to-day to borrow
stock right and left The discount market
here is firmer on the eve of the stock ex-
change settlement, which causes buyers to
refrain from taking bills. Although the
current rate is 1sl, forward business is
done in American bills TO arrive ten days
| hence at rs. The Paris and Berlin mar
kets were quiet"
New ork, Aug 2L-The opening of the
stock market this morning showed a live.
~ reawakening of outside interest as in
dictated by a large volume of commission
house orders which had come into the
brokers offices over night and which kept
up an animated tone in the dealings dur
ing most of the morning. There was also
heavy buying for large individual inter
ests and prices of some stocks topped the
years record.
The preferred stocks of southwestern
firm all day. The Changers were leaders,
in point of activity and strength but real
izing sales were heavy at a given point
in their advance. forming a barrier.
The course of the wheat market was
watched with sympathetic interest. So
far as its decline was due to refutations
of crop damage rumors it helped the
stock market. But when the cables
brought news of a break in England and
decreased demand for wheat railroad
stocks responded with a sympathetic de-
cline.
The falling off IN prices of American
securities in London was ignored at the
opening here, partly because it was at
tributed to the settlement which begins
tomorrow. But later in the day the cable
| reported the London market heavy on the
news from India London advices also
report that the continued fall in silver
is an unsettling influence in that mar
ket. Silver to-day fell I'd in London to
237sd, which is sd below the previous
lowest price.
A small withdrawal of gold from the
subtreasury for shipment to Canada might
be counted as a slight depressing influence
The continued ease in the money market
is not indicative of a lively demand for
funds from the interior, such as is looked
for in a period of business revival, and
while call money at per cent. is an incen-
tive to speculation, as an index of business
awakening, it is reflected as distinctly dis
appointing. AT the same time lenders Of
money are in expectation Of an early de-
mand upon them for interior trade needs
and there has been some additional ac-
emulation of funds here recently in an
tcipation of such demand.
Leather preferred was notably weak on
account of disappointment that the divi-
dend rate was not increased and lost IL
per cent. Cotton Oil preferred, on the
other hand was strong and gained 2a4 net
Illinois Steel fell off ll9. Nauona! Lead
advanced Is, mostly late in the day. New
York, Chicago and st. Louis first preferred
fell off points. Most of the active stocks
showed fractional net declines, but there
were gains scattered an through the list.
extending 20 a point in Chicago Indanap:
oils and Louisville preferred Cleveland
Cincinnati. Chicago and St Louis. Laclede
Gas, Lake Shore. and Oregon Navigation
preferred.
The bond market was strong and firm
against the decline. The total sales of
bonds were S2s50.000
The total sales of stocks to-day were
412, $50 shares including Atchison preferred
32,6l2 Chicago. Burlington and Quincy %
APO; Missouri Pacific l2O00 Northern Pa
ciic preferred II ,490, Chicago Northwestern
1850, Reading 5000. Rock Island 16 400. ST
Paul 1880, American Tobacco 1895 Amer
lean Spirits 5,2l0 Chicago Gas 1850 Ten
nessee Goa and Iron. $40, United States
Leather preferred 1900. Western Union
1881. Chicago Great Western 2O9Oj.
New York Closing Stocks.
Atchison ........ 159s do pref ........ 49,
DO pref ........ BPS ST. Paul .......... %
Balt. q Ohio =. 10 do pref ........1427l
Can. Pacific 49,. 72la st. z. & ON. . 6sls
Can. southern 50 do pref ........ li3
| Cent Bap