The morning news. [volume] (Savannah, Ga.) 1887-1900, 1897-01-19

ferred IS. sSl6 bid, 100 asked; Georgia and
! Alabama irst consols, 50 bid 81 asked
Railroad Stocks-Augusua and Savan-
NAH 92h bid, 9SI5 asked, ex-dv, Georgia
common, 100 bid, 1863 asked; Southwestern.
9lls bid,9215 asked ex-div ATLANTA and West
| Point railroad stock. 100 bid. 1O1 asked At
lanta and West Point per cent. certifi-
Gates, IS bid, SO asked Savannah Con-
struction Company, 20 bid. "A asked.
! Gas Stocks-Savannah Gas Light stock.
22la bid. % asked; Electric Light and
| Power Company, 66 bid, 81 asked, ex-div.
Bank Stocks. Etc.-Citizens Bank los
! bid, 10Sls asked, ex-div. Chatham Bank
| a. bid. 46 asked, eX-div.; Germania
Bank, 1862 bid, 1O71a asked, ex-div.; Mer-
chants National Bank. 921s bid 9Sla asked
eX-div.; National Bank of Savannah, 1876
bid, 127 asked. ex-div.; Og.ethorpe Saw
ings and Trust Company 100 bid.
! lOl asked, ex-div.; Southern Bank
! of the State of Georgia, bid 1853 asked;
eX-div.; Savannah Bank and Trust Compa-
! ny. 100 bid, 1O1 asked. ex-div.; Chatham
Real Estate and Improvement Company.
| A, 521a bid, = asked; B, 50lh bid 81 asked,
ex-div.; Peoples Savings and Loan Com
yany, 90 bid, SO asked.
Factory Bonds-Augusta Factory 6s, 100
bid, 102 asked: Sibley Factory 6s. 100 bid.
! l0l asked; Enterprise Factory 6s. 1902 bid.
1913 asked; Eagle and Phenix Manufactur-
ing Company, per cent. bonds 40 bid, 50
| asked
Factory Stocks-Savannah Cotton Fac
! tory, = bid, 30 asked; Augusta Factory, SO
| bid, SO asked, ex-div.; Granteville Fac
| tory, l45 bid, ISL asked; Langley Factory,
1G6 bid, 1W asked: Enterprise Factory,
common, 80 bid, 102 asked; j r. King
! Manufacturing Company, 103 bid 104 ask
! ed; Sihley Manufacturing Company. 96 bid.
IS asked; Savannah Brewing Company, 90
bid, IS asked.
! To c,I
! Consols 1924 for money and 1925 for the
! account
Paris, Jan. 1S.-Three per cent rentes 102
francs, 42Ia confines for the account
New York. Jan. 1S.-Money on call was
easy at 11aQ2 per cent; the last loan was
at IL and at the closing was offered at ~
per cent. Prime mercantile paper 3d915
per cent. Bar silver, 64s4c Sterling ex-
change easier with actual business in bank
ers bills at 4.S5G4.S54 for sixty days, and
| 4-S712d4.S7s4 for demand. Posted rates,
81. S5i2@4.SS1z Commercial bills, S4S3A0
1914 Government bonds firm, state bonds
DUH, and railroad bonds active and strong
| Silver at the board was quiet.
New York. Jan. 18-Treasury balances:
! Coin Sl22, 6S2, 500; currency, $46,99S, 1886.
New York, Jan. Is, noon.-The specula-
tive market was firm at the following
! quotations:
Erie ............. 1874 Bait & Ohio .. 16
Northwestern ..1977sCan. Southern 49,
do pref .1531aft. Paul ,........ 1878
Lake Erie .15S Rock Island 80. 6912
Nor & w. pref. 1914 Del. & Hudson .11214
West Union e. S5lApel.. L. & W.. 1856
So. Ry com -. 10 Manhattan 900. 915s
do pref ........ 2914 Mich. Central =. 90
Am. Sugar .11712IN. Y. Central &c. 9iS4
New York, Jan. 1S.-The opening deal
ings at the Stock Exchange were char
acterzed by firmness Trading was on an
unusually large scale, and commission
houses, for the first time in a month or
so, transacted a good share of the bust
ness. Higher cables from London and
foreign purchases of st. Paul added to
the bullish feeling. The great abundance
! of money the steady increase in the
treasury gold holdings and the magnifi-
| cent trade statement just published by
/ the bureau of statistics, continued to be
| the moving causes. The rise during the
first hour of the trading was equal to "a
? per cent, Lackawanna, Jersey Central.
Erie first preferred, Sugar, Manhattan
and the Changers leading. The demand
for stocks abated during the afternoon,
and at the same time the traders began
| to reduce their lines. The result was a
general decline of 14Q3A per cent, Man
! haitian leading, with sales as low as 9034
Wheeling and Lake Erie preferred drop
ped from IA to 1914 on light dealings. The
| heaviness of the bituminous coalers is
| due to the unsatisfactory condition of
! trade, which, it is believed, will necessi-
tate heroic action by the managers of
! those companies to restore the business
to a paying basis. A meeting of the
roads interested will be held this week,
| and the result of the conference is await
! ed with no little interest by Wall street.
/ Sugar jumped to 11S at the opening, and
| later sold back to l16 There were no
new developments in the coffee war, but
! -fs E.r1,N
! will be carried on with vigor for some
! time to come. In some quarters the
! afternoon selling was attributed in part
/ to the Kentucky bank failures. Rumors
| were also current of embarrassments in
! uptown business circles, but the reports
! could not be confirmed story which
! gained currency for time, was to the
| effect that there would be no dividend
| on Nickel Plate first preferred stock this
/ year. 1t was subsequently stated that
/ no action will be taken on the matter
! until the latter part of February, and
] that all talk on this matter is the merest
| gossip In the opinion of the street, they
| will declare a dividend of per cent. on
| common. Speculation closed weak in
! tone Net changes show losses of AM15s
! per cent. Total sales were 30l9 1858 shares.
including 1890 Sugar, 22,100 Burlington,
! 1900 St Paul, and 2O.700 Reading The
. bond market was active and strong. The
transactions aggregated $S,61,o0O.
New York Stock List Stocks and Bonds
| at the Closing
Am. Cotton Oil. HAM, c. & st. L., 67ia
do pref ....... 562sN. J. Central ...102
! Sugar Rehn.....116 ~. Y. Central q. 9pk
do pref .......l03 IN. Y. & ~ E.. 40
Am Tobacco e. tn Norf & w. pref. 17i4
do pref ...,...1O5 Nor. Pacific .... 1879
A.. I. & S. F.. 142i do pref ....... 341s
Bait. & Ohio. 1874 Northweste tern ...1041z
Can. Pacific .... IS do pref .....,. .i531a
Ches & Ohio d. 173l Pacihc Mail .,, 2594
Chicago & A,..165 Reading ......... 27la
G., b. & o.. 75islRock Island 6S9s
Chicago Gas .. 7SbIst Paul ..,...... 76Ss
Del l.. a. W...156 do pref .......131h
Erie ............ Is Silver Certif..... 647s
do pref ........ 81 Tenn. c. & L.. 297s
Ed Gen. Elec.. "a do do pref go. 80
H. Central ..... 93A Texas Pacific -. 95s
Lake Il. q W. rs Union Pacific :. q