The morning news. [volume] (Savannah, Ga.) 1887-1900, 1897-01-10

common. 1874 bid, l67 asked; Southwestern,
91l5 bid, 921s asked ex-div ATLANTA and West
Point railroad stock, 100 bid, 10l asked At
lanta and West Point per cent. certih-
Gates, 9S bid, 80 asked; Savannah Con-
strucIion Company, 10 bid. "A asked.
Gas Stocks-Savannah Gas Light stock,
2215 bid, % asked; Electric Light and
Power Company, 81 bid, So asked, ex-div.
Bank Stocks. Etc.-Citizens Bank, los
bid, 10S1s asked ex-div.; Chatham Bank,
44ia bid. 4515 asked, ex-div.; Germania
Bank 106 bid, 1071a asked, ex-div.; Mer-
chants National Bank, 92la bid, 9S1a asked
ex-div; National Bank of Savannah, 10 bid,
l26 asked, ex-div.; Oglethorpe Saw
ings and Trust Company. 100 bid,
l01 asked, ex-div; Southern Bank
of the State of Georgia. 165 bid, 1853 asked,
ex-div.; Savannah Bank and Trust Compa-
ny, 100 bid, 101 asked, ex-div.; Chatham
Real Estate and Improvement Company,
A, 52la bid, - asked; B. 50l9 bid. 81 asked,
ex-div.; Peoples Savings and Loan Com
yany, 80 bid, SO asked.
Factory Bonds-Augusta Factory, IS, 100
bid, 1902 asked: Sibley Factory Is. 100 bid.
i01 asked; Enterprise Factory 6s, l01 bid
102 asked; Eagle and Phenix Manufacture
ing Company, per cent. bonds. 40 bid, 90
asked.
Factory Stocks-Savannah Cotton Fac
tory, = bid, 81 asked; Augusta Factory. 50
bid, SO asked, eX-div.; GraniteVille Fac
tory, $50 bid, 151 asked; Langley Factory,
LOG bid, 1N asked; Enterprise Factory.
common. 80 bid, 1O2 asked; j. r. King
Manufacturing Company, l06 bid 1O ask
ed; Sibley Manufacturing Company, SO bid,
9s asked; Savannah Brewing Company. "a
bid. 81 asked.
London, Jan. 9..-Bar silver. 20 11-16d.
Consols, 1115s for money and HIS for the
account.
Paris. Jan. 9.-ThIee per cent rentes,
1902 francs As centimes for the account.
New York, Jan. 9.--Money on call was
at 1h62 per cent. Prime mercantile pa
per, 31aGD4 per cent. Sterling exchange
firm, with actual business in bankers bills
at $4S414G 4.S41a for sixty days, and $4S7q
ASIA for demand. Posted rates. AAz2q
I ass Commercial bills, $4.S21s14.S315. Bar
silver, 6424c Government bonds were
steady; state bonds dull; railroad bonds
were firm. Silver at the board was neg
lected.
New York, Jan. 9.-The treasury bal
ances were as follows Coin, $l22,59 5S4;
currency, 5O,5SS,514.
New York. Jan. 9.-The weekly state
ment of the associated banks shows the
following changes: Reserve, increase, $10,-
7045OO; loans, decrease, $3.50 700; specie, in
crease, $3.50, 700; legal tenders, increase,
| STA 467. 100; deposits, increase, 1858 200;
| circulation, decrease, $692, 800. The banks
now have $4S. 991, $50 in the clearing house
New York, Jan. 9, noon.-Erie, l412;
Northwestern, 1929; do preferred, 152;
| Lake Shore 1929: Norfolk and Western,
| preferred 1875; Western Union, "a; South
! ern Railway, common, 9ss; Southern Rail
/ way preferred 24h: American Sugar, Ill.,
Baltimore and Ohio, II; Canada southern,
451s; ST. Paul, 74ls; Rock Island, $685. Del
aware and Hudson, 1109s; Delaware, Lack
| awanna and Western, l55; Manhattan,
S7$4; Michigan Central, 80; New York Cen
trail 931a. Speculation weak.
New York Jan. 9.-The stock market
A.
! ings were on a small scale, the total sales
footing up only ,69 shares, OF which 1890
were Sugar, 200 St. Paul, and 2,300 Della
I ware and Hudson. The losses in the lead
/ ing issues were confined to narrow limits
Delaware and Hudson, which scored the
/ heaviest loss, declined only a point. Lii
| quotations account for the weakness Of
this speciality. Union Pacific was ad-
versely affected by Washington rumors
that the funding bill will not pass the
! House. Wheeling and Lake Erie, prefer
| red, fell 2% to 2415 at one time and then
rose to 267s. The variations in the Gran
gers, Trunk Lines, Manhattan, western
Union and international issues were con-
fined to these transactions. Sugar was
strengthened at the opening by Toledo adj
vices that a settlement of the war with
the Arbuckles was likely Insiders here,
| however stated that there was no truth
/ in the report and at the close the early
gain in the stock was lost. Chicago Gas,
Leather, preferred, and American Spirits
were comparatively firm. Illinois Steel
suffered a break of nearly points, fall
| ing to 50, owing to unsatisfactory trade
conditions Just near the close, Jersey
Central bounded UP per cent. to 102 on
| attempts to cover short contracts. The
rise had no influence on the general mar
ket, which left off weak in tone. The
| bank statement was a remarkably good
exhibit, but it also fell fiat. The increase
| in reserve was enormous, amounting 10
$10.7 500. The gain in cash, legal tenders
and specie, footed up $150l7, 800 and the in
| crease in deposits was $17, 253 200. The
banks now hold $4S, 991, $50 in excess of legal
| requirements AS a rule, the active stocks
show losses of 1sd1 per cent on the day.
| Jersey Central. however, gained 2 per
cent Bonds were firm. The sales footed
up $651. 900.
New York Stock List-Stocks and Bonds
at the Closing-American Cotton Oil. 1874 +;
do preferred, 5494; Sugar Refinery, 111h;
do preferred, 1O1; American Tobacco, 7S;
do preferred. 10S15; Atchson T. and S. F.,
1875; Baltimore and Ohio II; Canada Pa
cific, 5524; Chesapeake and Ohio, 173s; Chi
cago and Alton, 100; Chicago, Burlington
and Quincy, 71lh; Chicago Gas. 74S; Della
ware, Lackawanna and Western, 155; Erie
141a; do preferred, 49, Edison General Elec-
trio, 33ls; Illinois Central. so; Lake Erie
and Western, II; do preferred, 6s24; Lake
4Ss4 Louisville and N. A., q; Manhattan,
S724; Memphis and Charleston. IS; Michi-
gan Central 80; Missouri Pacific q Mo-
bile and Ohio. '21; Nashville, c. and st. L.
6715; New Jersey Central 1902; New York
Central, 931a New York and New England
10: Norfolk and Western preferred, 16ss !;
Northern Pacific 10; do preferred, S27s;
Northwestern. 1929; do preferred, 1872; Pa
cifc Mai, 2324 Reading, 2634; Rock Island
Co.'S; St Paul. 74ls; do preferred 1909; Sill
yer Certificates, 647s; Tennessee Coal and
Iron. 81 do do preferred, 80; Texas Pacific
0; Union Pacific, S5s; Wabash, st. L. and
p, 62s; do do preferred, 1875; Western
Union, 81; Wheeling and L. E., So; do do
preferred, 25; Southern Railway 5s, S934 ;
Southern Railway common, 9h; Southern
Railway preferred, 24A.
State Bonds-Alabama A, IO2; do B, 1902:
do c. "a; Louisiana stamped As. "a; North
Carolina As, 101; North Carolina 6s. 124
/ Tennessee, new set, IS, 80; Virginia 6s, pre-
ferred, 8; Virginia Trust Receipts. g. Vir-
ginia Funding Debt 6lM; South Carolina
AIS, 100
Government Bonds-United States 4s
g