The morning news. [volume] (Savannah, Ga.) 1887-1900, 1897-11-17

road first mortgage per cent. bonds, "a
bid - asked; Alabama Midland per cent
indorsed - bid, IS asked: Brunswick and
Western As, Is bid, III asked; South Bound
railroad IS, 6 bid. 20 asked; Southern Rail-
way IS. 81 bid, 90 asked; Georgia and
Alabama first preferred SIS. 1ol bid, 1O2
asked; Georgia and Alabama first consols
70 bid. 50 asked.
Railroad Stooks-Augusta and Savan-
nan, "a bid, a41s asked: Georgia Common
172 bid. us asked; Southwestern 9315 bid,
"a asked; Atlanta and West Point stock,
103 bid, 105 asked; Atlanta and West
point 6 per cent. certincaJes, 1O2, bid, 1881
asked; Savannah Construction Company
g bid, IS asked.
Gas stocks-Savannah Gas Light Stock
q bid, 221A asked; Electric Light and Pow
er company, - bid, 90 asked.
Bank Stocks, Etc.-Citizens Bank, 1924
bid, 11011 asked; Chatham Bank. "A bid, 46
asked; Germania Bank. zoe bid no
asked; Merchants National Bank, S9la bid,
9015 asked; National Bank of Savannah,
126 bid, - asked; Oglethorpe Savings and
Trust Company 104 bid, - Asked; South
ern Bank of the State of Georgia, l53 bid
15S asked; Savannah Bank and Trust
Company 101 bid, 1902 asked; Chatham Real
Estate and Improvement Company, A, IS
bid, 81 asked; B, So bid. 551a asked Peo-
pies Saving and Loan Company, Sc bid, 80
asked.
bid, 102 asked; Enterprise Factory Is, 100
bid, 101 asked: Eagle and Phenix Manu-
featuring Company per cent. bonds, 40
bid, AZ asked; Sibley Manufacturing Com
pany 6s 101 bid, 102 asked.
Factory Stoeks-Savannah Cotton Fac
tory, bid, 10 asked; Augusta Factory,
80 bid, SO asked; Graniteville Factory, 145
bid, 151 asked; Langley Factory, 104 hid,
1851 asked; Enterprise Factory, common,
SO bid. So asked; ]. r. King Manufactur-
ing Company, 1A bid, 105 asked; Sibley
Manufacturing Company. 70 bid. rs asked;
Savannah Brewing Company, 80 bid, 50
asked.
New York. Nov. O16.-Money on call was
steady at 112Q2 per cent. the last loan was
at per cent, and closed offered at 1&M2
per cent Prime mercantile paper 3l24
Az per cent. Sterling exchange easier,
with actual business in bankers bills, at
$495% for demand and $4.s22 for sixty
days; posted rates, S4.S9hq4. S612; CONNER
cial bills, $4.S2.>S Silver certificates 5Sq59ci
bar silver 5Ss4c; Mexican dollars, Acc.
Government bonds were firm; state bonds
were dull: railroad were firm.
New York, Nov. 16-The Evening Posts
London financial cablegram says: THE
stock markets were idle, but steady to-
day. Consols and India stocks were not
ably firm, the former on government buy
ing and the latter on reports that the
postoffice savings bank may apply for
power to invest therein. Americans open
ed quiet and closed strong. There was
fair buying here, The boom in Grand
Trunk continues. Paris market quiet
Berlin steady"
New York, Nov. 16-This was another
remarkably dull day on the stock ex-
change. The only spurts of activity were
due to manipulative manouevers on the
part of professional traders. These were
notably manifest in Consolidated Gas,
which jumped up and down the price scale
a point at time all day, but always at a
level below last nights price. The decline
extended to AZ points at one time, but
covering at the close left the stocks net
loss only fractional.
The weakness of the stock and of other
local gas stocks is due to fears of fail
ure of plans alleged to have been in con-
temptation for the amalgamation of the To-
cal gas companies, others of which were
weak in sympathy with Consolidated Gas.
Sugar continued to lead the market in
point of activity and its strength during
the day helped the general strength of the
market. 1t rose at one time points, but
a reaction due to realizing sales on short
turn, left it's net gain fractional.
Others of the industrial stocks, notably
the cotton stocks, Tobacco and Leather
preferred, rose sharply on traders pur-
chases, but for the most part lost their
gains on realizing sales, The movement
in New Jersey Central was due to the same
causes. The market for the most part,
however, was firm I'm the face of the dull
ness, prices continuing above yesterday s
level all day after a small decline just
a the opening. This decline was in SYM
pathy with the heaviness of American Sc
curities in the London market. London
was also a seller in this market of Amer
lean stocks. The strength of the railroad
list generally was due to the continued
for lAttS in
ment having been resumed in force and a
very heavy movement of cattle being re-
ported by some western roads Manhat-
tan was heavy all day and at no time did
IL rise above yesterdays level The Rub
Der stocks were also somewhat depressed
There was no news bearing on either of
these properties. The heavy tone in Oma-
ha alone of the Changers was equally with
out explanation. Northwest, the parent
stock, gains point net, as does Rock ISL
and. The market was exceedingly mar
row, both in the volume of the dealing and
in the movement of prices Except in a
few cases, prices show fractional net gains
on the day.
The bond market was fairly active and
showed Improvement for the most part
Total sales, S1,110000. United States 4s
coupon and the SIS coupon are nc lower bid
The total sales Of stocks were 1876. 800
shares, including Chicago Burlington and
quincy, I4VSo, LOUISVILLE $50, Northern
Pacific preferred 5,135, Rock Island 16O23,
St Paul 1880, Bay State Gas $500, Peo-
pies Gas $685., Consolidated Gas 952s. Su
gar 57,155.
New York Closing Stocks.
Atchison ...!.... 1214lSt P. & Om... 1874
do pref. ....... 273s do pref. .......140
B. & o. ........ 1914 st. p. NJ & NJ. .120
Can. Pacific -. SO1k So. Pacific - 49,
can. Southern 50 So. Railway 49,. 9lA
Cent. Pacific -. 70 do pref. . 70
Ches. 81 Ohio. Ass Texas Pacific. 1O1h
Chi. & Alton LBS 'Union Pacific :. 2Oi%
Chi. B. & o.. 94MiU. P. d. & G.. 7i%
Chi. & F. ILL.,. 521I Wabash ......... 6$
C. c. c. & St.L. 80 do pref ........ 17s
do do pref. g w; & L. En-. 27s
Del. & Hudson .109la do do pref. -. s.
Del. L & ...l56 Adams Elk. .....156
Den. &c Rio c.. 111sl American Eek ..i16
do pref. ..,.. Az United States E. IS
Erie (uew) -. Is Wells Fargo no
do LIST pref :. SO A. Cot. Oil..... 22l
Ft. Wayne .l65 do pref ...... 1879
Ct. North pref.13O Ann. Spirits -. 8M
Hooking Val. 52 do pref. ....... q
Illinois Cent. ..1OOik Am. Tobacco :. 81
Lake Erie & w. 1917 do pref ........1O9h
do pref ...... 50 Peoples Gas .... "a
Lake Shore lib Cons. Gas. .....1S0lk