The morning news. [volume] (Savannah, Ga.) 1887-1900, 1897-10-19


Savannah 5 per cent, quarterly January
coupons, 40 bid. III asked; Savannah per
cent, quarterly November coupons, 1lO%
bid, 111A asked; Charleston As, "a bid IS
asked.
Railroad Bonds-Savannah Florida and
Western railroad general mortgage bonds
8 per cent. interest coupons, 113 bid ia
asked; Savannah, Florida and Western
first mortgage per cent. gold bonds
due 1884, 105 bid, 106 asked and interest;
Augusta Southern, first IS, 1924, IS bid 80
asked; Central Railroad and Banking
Company collateral 5s, "a bid 50 asked;
Central of Georgia railway first mortgage
5s, 5O-year gold bonds, 1874 bid, 11i1s asked.
Central of Georgia railway first consoli-
dated mortgage IS. 9315 bid, 9ila asked; Cen
trail of Georgia railway first
preferred incomes, 49 bid. "A asked. ex-
dividend; Central of Georgia railway, sec.
ond preferred incomes, 49, bid II
asked; Central of Georgia railway third
preferred incomes S12 bid, 92i asked: Geor-
gia railroad 6s, 1910, 11415 bid, 1l615 asked;
Charlotte, Columbia and Augusta first 5s
1862 bid, 1071a asked Charlotte, Columbia
and Augusta second mortgage rs, 115 bid
JIG asked; Georgia Southern and Florida
new IS, 9715 bid, 9S1s asked South Georgia
and Florida first mortgage Is, 1021a bid
1882 asked; South Georgia and Florida
second mortgage U.s. 1872 bid, 1903 asked:
Ocean Steamship per cent bonds, 1926
103 bid, 105 asked; City ana Suburban rail-
road first mortgage per cent bonds 81
bid - asked Alabama Midland per cent
Endorsed, IS bid, 81 asked; Brunswick and
Western As, rs bid, so asked; South Bound
railroad 5s, 65 bid 20 asked; Southern Rail
way 5s, 80 bid SO asked Georgia and
Alabama first preferred as 1902 bid 1903
asked; Georgia and Alabama first consols.
81 bid 50 asked.
Railroad Stocks-Augusta and Savan-
nah, "a bid, IS asked Georgia Common
172 bid, 173 asked; South western "a bid. 95
asked; Atlanta and West Point stock,
lOS bid, 105 asked; Atlanta and West
point per cent. certificates 1O2 bid, 1872
81 bid, 20 asked.
Gas Stocks-Savannah Gas Light Stock,
Fl bid, 221s asked Electric Light and Pow
er Company, IS bid, IS asked.
Bank Stocks, Etc.-Citizens Bank. 1921
bid HOY asked; Chatham bank 491b bid, Az
asked; Germania Bank 1857 bid, 1891
asked; Merchants National Bank, 81 bid
So asked; National Bank of Savannah,
l251B bid,l1 asked; Oglethorpe Savings and
Trust Company 1903 bid, 1O4 asked; South
ern Bank of the State of Georgia, 1873 bid
100 asked; Savannah Bank and Trust
Company, 101 bid, 102 asked; Chatham Real
Estate and Improvement Company A. 551b
bid, 5612 asked; B, 541a bid, 50 asked; Peo-
pies Savings and Loan Company, SO bid,
81 asked.
Factory Bonds-Augusta Factory 6s. 1O1
bid. 1O2 asked; Enterprise Factory 6s, 100
bid, lO1 asked Eagle and Phenix Manu-,
featuring Company per cent. bonds. 40
bid, AZ asked; Sibley Manufacturing Com
pany 6s 101 bid, 102 asked
Factory Stocks-Savannah Cotton Fac
tory, - bid, Is asked; Augusta Factory.
so bid, SO asked; Graniteville Factory. 145
bid, ISL asked; Langley Factory, 1O4 bid,
1854 asked; Enterprise Factory, common,
L. T
ing Company, 104 bid, 105 asked; Sibey
Manufacturing Company, 10 bid, 76 asked;
Savannah Brewing Company, 80 bid, So
asked.
New York, Oct. 1S.-Money on call was
easier, at 2d2R per cent; the last loan
was at 2ls per cent, and at the close was
20212 per cent Prime mercantile paper
41464a4 per cent. Sterling exchange easier,
with actual business in bankers bills at
81. S4l4GI4 S43s for demand and 4S17bd4 81
for sixty days; posted rates, 81 821zlI4. S31b
and 81. 8512. Commercial bills, 1881 Sill
yer certificates 5712d59c. Bar silver 5S&4 c.
Mexican dollars, 44a4c. Railroad bonds
were firm. Government bonds were firm
er. State bonds We're dull.
New York. Oct 1S-Evening POSTS Lon
don financial cablegram says: THE stock
markets were quiet, but firm to-day, con-
soils leading on government buying, West
Australia shares were buoyant A feature
was sharp rise in Argentine rails. Amer
leans were better and the tone at the
close was steady. The opinion here on
the market is that the shake-out in New
York is practically over. Dealers, how
ever do not back their opinion with much
buying, apparently preferring to await a
more definite lead from New York Gold
Is in strong demand for Russia and Ger
many, ana the price is now so high as TO
FORBID buying for New York at present
The actual decision of the cabinet as RI
silver is not known here. It is generally
believed that the Indian minis will not
be reopened now but IT is feared that The
matter has been left open for future dis
cussloh' Inc Paris and Berlin markets
were quiet"
New York Oct. 18.-For the first time
In several weeks prices of stocks We're al
no time during the day below the level
OF those prevailing at the close the night
DeIore. There We're occasional slight reac-
tons to-day, with no better apparent
cause than sympathy with Sugar, which
was itself markedly strong and was
turned backward at times only bv nrofit
taking. Speculation halted during the
morning in expectation of a decision by
the supreme court at Washington In the
Nebraska maximum freight rate case AL
though this decision is expected to be in
favor of the railroad, and was looked to to
give an upward impetus to prices, the an
AOdiittlllSul lHdl the ndnQlnS DOW OF the
decision had been prepared, was followed
by decided increase In the activity of
trading, an activity attending the rise
of prices instead of the decline for the first
time in many months.
The strength of these stocks and the
awakened interest and Improvement in the
Vanderbilts was very notable. The vgor-
Gus upward movement Of this powerfully
influential group caused a striking advance
throughout the list, net gains in nearly
all the active stocks equalling al least a
point and in several special cases equaling
or exceeding two points.
A feature Of the market quite as striking
as the strength of the railroad stocks was
the neglect of the industrials, except Su-
gar, as compared with the recent trading.
and even Sugar showed failing off in ac-
tivity as the day progressed and the trad
ing in the railroad stocks developed some
animation. Chicago Gas, which has OF
late entirely overshadowed the rest of the
market, to-day fell into innocuous desue-
tude, and Yves no longer available as an
instrument for the bears 10 demorallze
prices in the general list. It's total range
of price was only a small fraction, and
the small volume of transactions in IL