The morning news. [volume] (Savannah, Ga.) 1887-1900, 1897-09-01

As, DO bid, 20 asked; South Bound railroad
IS, - bid, 69I2 asked; Southern railway 81,
93l2 bid, "a asked; Georgia and Alabama
first preferred 5s. 1929 bid 10S asked, and
interest; Georgia and Alabama first con-
soils. 50 bid. 81 asked
Railroad Stocks-Augusta and Savan-
nah. 94l5 bid, 95ia asked; Georgia common,
l65 bid, 1853 asked; Southwestern, "a bid,
50 asked; Atlanta and West Point r. r.
stock, 102 bid, 109 asked; Atlanta and West
Point per cent. certificates, 102 bid, 103
asked; Savannah Construction Company,
65 bid, 6S asked.
Gas Stocks-Savannah Gas Light stock,
% bid, % asked; Electric Light and Power
Company, So bid, so asked.
Bank Stocks, Etc-Citizens Bank, 109h
bid, asked: Chatham Bank 42ls bid.
1872 asked; Germania Bank. 100 bid, 10
asked; Merchants National Bank, S5l5 bid,
S7lA asked; National Bank of Savannah,
125 bid, 126 asked Oglethorpe Savings and
Trust Company, 103 bid. 104 asked; South
ern Bank of the State of Georgia 152 bid
155 asked; Savannah Bank and Trust
Company, 100 bid. asked; Chatham Real
Estate and Improvement Company, A, So
bid IS asked; B, 54l4 bid $40 asked Peo-
| pies Savings and Loan Company, 80 bid,
- asked.
Factory Bonds-Augusta Factory IS, 1O1
bid, lO2 asked; Enterprise Factory Is, 100
bid, 1O1 asked; Eagle and PheniX Manu-
featuring Company 6 per cent. bonds,
40 bid, AZ asked Sibley Manufacturing
| Company IS, 1O1 bid, 1O2 asked.
Factory Stocks-savannah Cotton Fac
tory, bid 20 asked; Augusta Factory,
so bid, So asked; Graniteville Factory, l45
bid, Isl asked Langley Factory, 1O4 bid
lO5h asked; Enterprise Factory, common,
90 bid, 96 asked; j. r. King Manufacture
ing Company, 104 bid, 100 asked; Sibey
Manufacturing Company, 20 bid, 20 ask
ed; Savannah Brewing Company, - bid, So
asked.
New York, Aug. 30-Money was easy
at 1GllA per cent; the last loan was at IL
per cent, and closed at 161A per cent.
Prime mercantile paper, 3l2M412 per cent.
Sterling exchange firm with actual bust
ness in bankers bills at $.S55s for demand,
and at A.S32sQS31s for sixty days. Posted
rates, $4.SS3sGSS15, and $4.S618d4S7. Com
mercial bills. S4.S2. Silver certificates. 520
SIC. Bar silver, 52lsc. Mexican dollars, 41Ac.
Government bonds were strong State
bonds were dull. Railroad bonds were
strong.
New York, Aug. 30-Evening Posts Lon
don financial cablegram: THE stock mar
kets were irregular to-day and many
stocks were rather dull, because of dearer
money. Americans were booming, the
small priced shares leading and the close
being at the top. The same features still
characterize the market here, the old gem
Grafton selling and the young generation
buying. All depends now, probably, on
whether New York will be able to sustain
to the markets until the firmer class stop
selling. Speyers issued the particulars of
the extension of the Central Pacific first
mortgage gold bonds. Luz Sperelissen, of
Frankfort and the Deutsche Bank of Ber-
lin are cooperating with them. The Ban
bury committee on the Central Pacific also
| issue a circular calling for shares and
stating that August Belmont, Jno. G. Car
| Isle and George Caphell will cooperate in
New York. Gold is in strong demand at rs
lied. Russia is the chief buyer at the mo-
ment, exchange favoring shipments of
gold. The Paris bourse was dull on the
| commencement of the monthly settlement
and the Berlin market was steady"
New York, Aug. 81. 8 p. m.-Money on
call was easy at IDLE per cent. the last
loan was at IA per cent, and closed at 10
| Ia per cent. Prime mercantile paper, 31a
! d415 per cent. Sterling exchange closed
| easier, with actual business in bankers
bills at $4.S59sG4.S594 for demand and at
| "a. S314d 4.SSl5 for so days; posted rates.
| $4S3l5d4. S512 and $4.S613G4.S7. Commercial
| bills, S4S21s. Silver certificates, 52d52s4c /;
bar silver, 51a4c; Mexican dollars, 41Ac.
| Government bonds We're strong; state
| bonds were dun; railroad bonds were firm
New York Aug 31.-Evening Post s
London financial cable says: The stock
markets opened dun on the present out
orable news from India, and closed
steady to firm. Americans were dull at
first on the tone of the New York stock
exchange yesterday. and on a pessimis-
tic article in the Financial Times. But
they also closed better and with a firm
tone. French and German exchange is
rising but Austrian exchange on London
declines sharply to-day, and Russian ex-
change, which was 93.75 last week and
SO 80 at the close of July, has fallen to
80 40. The Paris and Berlin markets
were dull.
New York, Aug. 31.-To-days stock mar
ket was characterized by great Irregular
ity, prices of many stocks remaining re-
markedly stable. even on large transact
tions, while the price movement of others
were wide and erratic to the last degree.
and quite independent of any general in
fiuence or harmony of tendency with 9TH
ers. Sugar was the sensational feature
and covered range of nearly points dur
ing the day. There was no news repard-
ing the stock received during the day,
that was not known at the opening, but
the speculative traders drew some deduc-
ton from the facts already known. that
led to very excited trading in this stock.
The speculation turned on the proba-
BILE benefits to the information from the
treasury departments Interpretation of
the clause of the tariff bill. discriminating
against sugar from countries that pay an
export bounty. The belief that this clause
would be administered so as to insure the
exclusion from competition of Dutch re-
fined sugars gave Sugar some of its
strength to-day. The stock logged along
very comfortably on the upgrade to noon,
covering about a point in the rise. The
price then made a sensational rush up
ward by leaps of Adh and even a full
point at time to 1852, the reaction being
comparatively small Just in the closing
transactions the price jumped again to
Isl and fell back a point.
Tobacco rose "a per cent. in the final
transactions apparently in sympathy with
Sugar. Sales of Sugar reached 10000
shares. The usually active railroad shares
which showed free price movement were
the exception to the rule. The Changers
carried Burlington down nearly a point
but the net change in the group does not
exceed half the amount of gain shown by
Rock Island, Omaha and Chicago Great
Western. Louisville and Nashville moved
up point, but reacted partly. Some OF
these stocks were very largely dealt in
but the transactions failed to effect the
price. London was quite heavy seller.
stocks sold for that account being esti
mated al ebarea