The morning news. [volume] (Savannah, Ga.) 1887-1900, 1897-08-14

first mortgage 5 per cent gold bonds,
| due 1884, 1855 bid, LOG asked. and interest:
| Central Railroad and Banking Company
| collateral gold 5s, "a bld. 80 asked; Central
| of Georgia railway first mortgage IS, 90
year gold bonds ia bid, lis asked; Cen
| trail of Georgia railway first consolidation
mortgage 5s, 9Sla bid, 94lA asked Central Of
| Georgia railway first preferred incomes
| SSls bid, 1912 asked; Central of Georgia
| railway. second preferred incomes IA
| bid, Is asked, central of Georgia railway
| third preferred incomes, bid, So asked;
| Georgia railroad Is. 1910 112 bid, ia asked;
| Charlotte Columbia and Augusta first S.
| 105 bid - asked; Charlotte, Columbia and
| Augusta second mortgage is. 113 bid us
! asked; Georgia Southern and Florida, new
IS, 9S bid, 80 asked; South Georgia and
| Florida first mortgage Is, 1921 bid 1885,
| asked: South Georgia and Florida second
mortgage Is, 102 bid 103 asked: Ocean
| Steamship per cent. bonds, 1926 1887
bid, 1912 asked City and Subur-
ban railroad first mortgage 7
ed; Alabama Midland per cent. indorsed,
| So bid, 80 asked; Brunswick and Western
| As, 65 bid, 20 asked; South Bound railroad
| IS, bid, 69la asked; Southern railway
IS, SO bid, 81 asked; Georgia and Ala
bama first preferred rs. 1922 bid, l0S ask
ed, and interest; Georgia and Alabama
| first consols, rs bid, 70 asked.
Railroad Stocks-Augusta and Savan-
nah, "a bid, IS asked; Georgia
common, 1855 bid 16S asked; South
western. 93A bid, 9i14 asked At
| lanta and West Point railroad stock, 102
| bid 103 asked; Atlanta and West Point 6
per cent. certificates 1O2 bid. 1903 asked:
| Savannah Construction Company 671a bid
6SA asked.
! Gas Stocks-Savannah Gas Light stock
! 2l12 bid, 22l2 asked; Electric Light and
| Power Company, So bid go asked
l T,a ~.
| bid 1922 asked Chatham Bank, 1872 bid Az
| asked; Germania Bank, 107 bid, 1913 asked; ;
| Merchants National Bank, IS bid, S6l5 ask
| ed; National Bank of Savannah, 14 bid
- asked; Ogiethorpe Savings and Trust
| Company ID103iA bid, - asked; Southern
| Bank of the State of Georgia, $50 bid -
| asked; Savannah Bank and Trust Com
| pany. 100 bid, asked; Chatham Real
| Estate and Improvement Company A, So
bid, asked; B, 54A bid. ~ asked; Peo-
| pies Savings and Loan Company, % bid,
1 - asked.
| Factory Bonds-Augusta Factory IS, 1O1
bid, 1902 asked; Enterprise Factory 6s, 100
bid, 1O1 asked; Eagle and Phenix Manu-
| featuring Company 6 per cent. bonds, 40
| bid AZ asked Sibley Manufacturing Com
! pany 6s. 101 bid. 1O2 asked.
Factory Stocks-Savannah Cotton Fac
| tory - bid % asked Augusta Factory,
80 bid, SO asked; Graniteville Factory, las
| bid ISL asked; Langley Factory, 104 bid,
| 1854 asked; Enterprise Factory, common,
| SO bid Sc asked; ]. r. King Manufacturing
| Company, 1O4 bid, 105 asked; Sbley Manu-
| featuring Company 20 bid rs asked; Sa-
| vannah Brewing Company - bid, IS asked.
New York Aug 13.-Money on call was
| easy at 1d1i5 per cent; the last loan was
| at l per cent, closing offered at / per
| cent. Prime mercantile paper. 3iaMiH per
| cent. Sterling exchange weak, with act
ual business in bankers bills at $LS5ls FOR
demand and Si.S3laG4S3%t for so days; post
| ed rates, $4.S4Ib64S6 and $4S6lb6D4.S7. Com
mercial bills, $iS21a. Silver certificates:
| bar silver, 55%c; Mexican dollars, 421sc.
| Government bonds easier; state bonds
were dull; railroad bonds were strong.
New York Aug. 13.-The Evening Posts
| London financial cablegram says There
was general reaction in the stock market
| to-day Americans opened dun on the
| New York quotations OF this morning.
| There was a sharp rally al midday, but as
| sharp a fall at the close, the finish being
| fiat at the lowest. The decline was partly
| due to New York tactics and partly TO the
| fall I'm wheat. l am told that French buy
ing has ceased at the moment This In
no way contradicts what / cabled this
morning about French exchange. In spite
| OF recent selling of Americans here the
| best opinions of American security are too
well established 10 be shaken by any mod
crate reaction healthy shake out viii,
II is believed, induce fresh buying.
bar gAd Is quoted at us ii7sd, but
there has Fbeen no further sale OF bars by
the Bank OF England. thus confirming the
exceptional nature OF the sales early In
the week a s cabled you. Kafiirs were dun.
Interest IN them centers upon the mining
reforms and the concessions by the Trans
yaal government To-day's London dis
count rate for three months h. III per
cent; but the forward quotations for next
- fsaH
at widely different figures at the close,
ranging from 2Ji7ls to 25l9l2. The Paris
and Berlin markets were steady. French
exchange has again risen sharply. The
reason Is thought to be the largest sales
Of wheat drafts by New York on Paris.
The houses are threatening gold exports
from France. French merchants are
therefore buying bills on London In order
10 ship gold n necessary from there
New York Aug. i3-Quite a number OF
factors combined to-day 10 exercise a
rather depressing influence on values OF
the stock exchange There were also 9TH
or Incidents which, while not calculated
10 have any effect on Intrinsic values,
seemed 20 pat dampcr on tho specula-
tive ard0r which has become rampant IN
Wall street. The tone Of weakness and
hesltancy IN the wheat market. on ac-
count OF lower prices abroad ana dlmin-
ished export demand. were most kecnly
fclt IN the stock market
The grain carrying roads. OF course.
showed most sympathy with the wheat
market az being most Immediately affect
3D. But the market was more or less In
nuenccd on the ground that return OF
general prosperity Will be more helped
by good prices 20 the farmer for his crop
Than by any other one thing Besides
This influence towards u bah Do the rise
~ prices the moro substantial ana solid
element ri speculative buyers looked
decidedly HHknncc at the speculation which
broke out yesterday ana to-day in what
dogs" moaning discarded odds and ends
0f stocks and securities. which no longer
represent anything 90 any auproe.Hhio
value BOZ ile whole world There wIH
moro or iffa movement Dob fHH class ~
st0cka az was Che case yesterday but