The morning news. [volume] (Savannah, Ga.) 1887-1900, 1897-10-09

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10 bid, l26 asked; Oglethorpe Savings and
! trust Company. 103 bid 1Gi asked; South
efn Bank of the State of Georgia l52 bid
100 asked; Savannah Bank and Trust
company, leo bid l02 asked; Chatham Real
estate and Improvement Company A. 55lh
bid, 56 asked; b, sac bid, So asked; Peo-
PIE savings and Loan Company, "a bid.
80 asked.
FACTORY Bonds-Augusta Factory 6s 101
Dld, lO2 asked; Enterprise Factory 6s 100
pld' lOl asked; Eagle and PheuiH Manu-
Iaciuring Company per cent. bonds. 40
bid, y asked; Sibley Manufacturing Com
pany Is, l0l bid. 1o2 asked
Factory Stocks-Savannah Cotton Fac
! tory, - bid, 10 asked; Augusta Factory,
80 bid, 50 asked; GrIniteville Factory, 1l5
btd, l5l asked; Langley Factory, 1914 bid,
| 1854 asked Enterprise Factory, common.
80 bid. SO asked; j. II. King Manufacture
ing Company lW bid, l05 asked; Sibley
Manufacturing Company, 70 bid, 70 asked;
savannah Brewing Company. so bid, IS
asked.
New York, Oct. s.-Mcnoy on call was
easier at 2i4d3 per cent; the last loan
was made az per cont, and at the clos
ms was offered al 2t563 per cent Prime
mercantile rarer. il205 per cent. Sterling
exchange fiTtuer. with actual business in
bankers bills az AS4i2Q4SI9s for demand,
and At sl.Se1a@AS-% for sixty days Posted
iH''' NViN rf.eoN = SOP ana 9Ac0'2, COM
merclal bills were s4S1. Silver certificates,
of4oI1ac. Bar silver. l8c. Mexican dollars,
494c. Government bonds were firmer.
state bonds were dun. Railroad bonds
were Hlm.
New YORK, oct. S.-The Evening Posts
Lohdon hnancial cablegram says: CCnsols
We're dun to-day on the gold exports and
o'her markets symrath'zed except Ameri-
cans, which closed firm on the New York
support and on the announcement that
ifIIUVo IN cages had been taken to-day
rom tne BANK or eng and for New York.
IA all'the steamer Pdr's takes out for New
oIk tomorrow t6l0'OO in god. Al present
tne nahK retains the selling price of cages
az Us "a, put Iurther large Withdrawals
"ouiu pronap!y mean rise In the price,
ana an ADVANCE in the bank rate next
"eeN' Bfazihan stocks were dun and
mines Wee ca Ter. Inc Par's bourse open
Gu Ht,duy' pul closed weak. COD Is eN-
Pec'Su TO 90 from there 10 New York, and
! uHueI5t1hd mat part OF inc Withdrawals
Ile'e are on french account. The Berlin
iHdINet was STEADY.
New 1ork' oct S.-Ihe bulls were APP
pdrenty impressed with a belief at the
opening OF the STOCK market to-day that
'ie pesIhhlnB OF the imports OF gold
Noulu Slect me market ana SEND prices
upWaru agaln alter the long sustained re-
action' Ihelr confidence was dlssipated
very soon after noon and the market be-
Cahe utmost iieless. Business was OF the
nsh'eSt possible description and huetua-
tlohs were narrow and untmportant, many
prominent STOCKS being entirely neglected.
me pears nave apparently come to the
ehd OF thelf campaign and there Is no
IafBe buying contingent ready to take
stochs even az the low level The market
seems IN fact 10 nave swung to stand
sun. Inc announcements made to-day of
lD1n0Tf fooled "A
OF Sf55OWo' and of this amount all but
>l'0V"WV comes from London. The doy's
engagement OF $lVO'VVJ IN Paris Is the
hrst 10 come from that center on the total
movement which now foots up $l50,000.
rms IS enurely at variance with all the
prophecies made by the financial authorl-
ties who have foretold that London would
easily be able to shift the demand for
gold from the United States upon Paris.
London has apparently viewed with great
equanlmity the Increasing demand upon
its gold reserves. The Bank of England
has gone on expanding its loans in face of
the continuous drain upon its gold and no
change was made on Thursday in It's rate
OF discount The open market discount
rate In London has remained about steady
up to to-day, when 1t hardened slightly
ana the same thing was true In Paris In
response 10 the gold engagements. The
effect in New York While it was almost
unappreciable on the stock market, was
perceptible in the money and exchange
market. Time money was distinctly cas-
Ter rates being low at per cent. for sixty
days, and up to per cent. for four and
six months. Actual rates of sterling ex-
change advanced nc and posted rates Nc.
1871 80 ra5 ~ e@peeteu
d 1io, ea1,i,,rt Se ~, $3.50 ~ iodIiS
h'ig q ls'l'' ~ " ~ ueposi's thdn
mas Deeh the case LOT Two weeks past as
aeete - ''i1 neiii,'iIu IoI currency rom
me interior. rms demand mas been less
during the week ana the banks have not
oeeh at the necessity OF calling IN so many
io'tis ~ pLo.se. ,l,eii reserves; peaiinsS
IA the STOCK narket were largely confined