The morning news. [volume] (Savannah, Ga.) 1887-1900, 1897-11-20

] luOA2
| January coupons. 110ls bid. III asked; Sa-
Vannah 8 per. cent, quarterly February
| coupons, 10 bid. Ill asked; Charleston AZ,
! 94l4 bid 9514 asked.
/ Western railroad general mortgage bonds.
I per cent. interest coupons, ll3 bid. ia
| asked Savannah, FLORIDA and Western
| first mortgage per cent gold bonds due
! 1884. los bid, 109 asked; Augusta southern.
| firsts 5s 1924, 95 bid. So asked; Central
| Railroad and Banking Company collate-
| raj IS, 80 bid, 9ll5 asked; Central of Geor-
] gia railway first mortgage 5s, 5-year gold
/ bonds ll4ib hid. 1851 asked; Central of
/ Georgia railway first consolidated mort
! gage 5s, 9lla bid, 81 asked; Central of Geor-
| bid S9ls asked; Central of Georgia rail-
| way, second preferred incomes, l2R bid,
| 1872 asked; Central of Georgia railway
third preferred incomes, bid, 9 asked;
! Georgia railroad 6s. 1870 11512 bid. III ask
I ed; Charlotte, Columbia and Augusta first
! SIS. 1903 bid, 40 asked; Charlotte, Column
/ bia and Augusta second mortgage Is 116
! bid. III asked; Georgia Southern and
I Florida new 5s, sc bid, 81 asked; South
! bid l03Ia asked; South Georgia and Flor
| ida second mortgage Is, 1OS bid, los asked;
! Ocean steamship per cent bonds. 1926,
| los bid, LOG asked; City and Suburban rail-
| road first mortgage Z per cent bonds. 81
| bid, - asked; Alabama Midland per cent.
! Endorsed, - bid, IS asked; Brunswick and
Bound railroad IS. s5 bid 70 asked: South South
| ern Railway 5s, 81 bid, 90 asked; Georgia
and Alabama first preferred 5s. 10l bid,
! 1O2 asked; Georgia and Alabama first con-
soils, 70 bid, so asked.
Railroad Stocks-Augusta and Savan-
| nah, "a bid, 941a asked; Georgia, common,
| 172 bid, 175 asked Southwestern 93S4 bid
| 9i4 asked; Atlanta and West Point stock
| 10S bid, 105 asked: Atlanta and West
! Point per cent. certificates, 102 bid, 10Sia
! asked; Savannah Construction Company,
| GO bid, 6S asked.
Gas stocks-savannah Gas Light Stock.
| q bid, 2212 asked; Electric Light and Pow
('OmDanV
| Bank Stocks, Etc.-Cttizens Bank 1O9%
| bid, 11012 asked; Chatham Bank A bid, as
| asked; Germania Bank 109 bid, 10 asked;
| Merchants National Bank, S91a bid 500
| asked; National Bank of Savannah 1876
| bid, = asked; Oglethorpe Savings and
Trust Company, 104 bid, =. : asked South
| ern Bank of the state of Georgia, 1872 bid,
! 154 asked; Savannah Bank and Trust Com
pany, lOl bid, 1902 asked; Chatham Real
! bid, So asked; b, So bid 55la asked; Peo-
! pies Savings and Loan Company, IS bid,
Factory Bonds-Augusta Factory 6s 1O1
| bid. 102 asked; Enterprise Factory 6s 100
6ld, lOl askece Eagle and Phenix Manu-
acquiring company per cent bonds, 40
pany 6s 1O1 bid 1O2 asked
Factory Stocks-Sayannah Cotton Fac
! tory, = bid, Is asked; Augusta Factory
| 50 bid, SO asked; Graniteville Factory, las
| bid, ISL asked; Langley Factory, 1Oi bid,
1O5A asked; Enterprise Factory, common,
| ing Company, 104 bid, 1O5 asked: SibIey
Manufacturing Company, 20 bid 76 asked;
savannah Brewing Company, SO1a bid, SO
| asked.
New York, Nov. 19.-Money on call was
easy at IL per cent; the last loan was al
| 1%g2 per cent; closed 2 per cent. Prime
mercantile paper, SAq413 per cent. Ster-
| ling exchange strong, with actual business
| III bankers bills at A.S512d4 .S59s for de-
mand, and at s4.S2%d4 S2zs for sixty days.
| Posted rates, a. S31sq4. S61a. Commercial
| bills $4S2. Silver certificates 56d59c Bar
| silver, 5Sc. Mexican dollars, 451ac. Govern
ment bonds We're firm. State bonds were
| dull. Railroad bonds were firm. b..
New York, Nov. 10-The Evening Posts
| LONDON financial cabegram says: The
stock markets were idle and irregular to-
day. Consols and other investments were
! lower on the prospects of money being
temporarily dearer for reasons already ca
bled you. The price of gold has fallen to
los. had, Americans were firm and on the
! whole with a better tendency being as
sisted by Senator Hanna's bullish remarks
on trade. The Paris bourse was rather
dull, and the Berlin market was quiet
New York, Nov. 19.-The market to-day
! continued itssdull and narrow character
though at some slight improvement over
| yesterday, both in the volume of trading,
| ana IN the movement of prices. The ex-.
| IRENE rise on the average was greater than
! yesterday, but realizing sales in the last
| hour reduced the net gain to very narrow
fractions in most cases.
The movement in the specialties we're
much freer than in the standard railroad
| stocks and Sugar and Manhattan ran at
one time, points higher than yesterdays
6 f Sane and sharp gaains were qlso shown
Reading first preferred and Lead preferr-
ed. All OF these gains were very material
ly lessened before the close West Chi
cago Street Railway was quite active and
strong, and rose nearly points
But Consolidated Gas occupied the mid
Ole or the stage, and was the center of at
tention all day This stock opened az
points higher on the belief that a large in
ulVldual interest in one of the local gas
companies which has been holding ont for
the best terms, had been brought into the
agreement for amalgamation. The stock
mounted upward by wide bounds some
Ilnes over point between sa les, to 1872
But the very great scepticism in the spec
ulative mind regarding published utter
ances on the progress on the plan of con-
solIdatlon then became manifest In the
equally feVerish course of the stock to-
ward a lower level. 1t got as far down
as lSS, and after vibrating in very err
ratlc manner, closed y points higher, at
net gain of 3 points. The later weak
ness in the market was due In part to re-
p rodd from the west of falling off in rail-
over the maintenance of railroad rates.
There was talk also that large increases
on operating expenses would reduce the
net earnings of railroads for October below
what has been counted upon Buying for
London account helped to sustain the mar
ket IN the earlier part of the day
A sharp rise in sterling exchange took
place for bills, apd cable demand This
was IN part, the reflection Of the stiffen-
ing of the discount rate in London. where
the Bank of England is again borrowing
money in the open market, With the bur,
pose of controlling the private discount
rate, and relieving the pressure for gold
on that center.
Money in this market continued very
dull and easy in all departments Not only
has the dizziness of specua ton reduced the
demand for money, but there has been
quite heavy flow Of funds during the
week from interior points. To-moTrow's
bank statement is expected to show a ma
terial increase of available money The
bond market was moderately active and
prices advanced Total sales 81, $4,000
The total sales of stocks were 1879 455
shares including Burlington, Is. $50: Man
haitian, z, 425; Missouri Pacific. $500: Rock
Island, 19135; st. Paul, y, $50; ST Paul and
Omaha, 5,1C5; Peoples Gas, 10 $40; Consou-
dated Gas, 1900; Sugar, 53,99l.
New York Closing Stocks.
Atehison ........ 12ssI st. p & Om 771k
Bait. & Ohio =. 12J@l St. p. nj. e. NJ 10
Can. Pacific 90 81 So Pacific 191l
Can. Southern .63 So Railway az
Cent Pacific -. Tx do pref ..... 995ss
Ches. e. Ohio... 2lMl Tex & Pacific 10zs
Chi. & Alton :. .159 "Union Pacific i9sS
Chi, B. & o.. 931ai u p. D. e. q rs
Chi. & +. Ill. . 521@i Wabash -
C.CC. & st. L. 32l5 do pref ........ 17ss
do do pref 80. 7S w. & L. E.. .