The morning news. [volume] (Savannah, Ga.) 1887-1900, 1897-09-28

I ; ~, ~ TTT
| asked Central Railroad and Banking Com
pany collateral IS, IS bid, SO asked; Central
| of Georgia railway first mortgage IS. So
/ year gold bonds, ia bid, lis asked; Cen
! trail of Georgia railway first consolidated
mortgage 5s, 50 bid, SO asked; Central of
Georgia railway first preferred incomes,
43la bid. 4512 asked; Central of Georgia
| railway second preferred incomes II bid
| IS asked Central of Georgia railway third
| preferred incomes, 8 bid 10 asked; Geor-
| gia railroad 6s, 1870 1141a bid, 1862 asked:
| Charlotte, Columbia and Augusta first IS
| 1852 bid, asked; Charlotte Columbia
| and Augusta second mortgage rs, ia bid.
| lis asked; Georgia Southern and Florida
! new 5s, 9S15 bid, 9912 asked; South Georgia
| and Florida first mortgage rs, 102I5 bid
| 1882 asked; South Georgia and Florida
| second mortgage Is, 102 bid 1913 asked:
! Ocean Steamship per cent. bonds. 1926,
| 103 bid, 105 asked; City and Suburban rail-
road first mortgage Z per cent bonds, so
! bid, 50 asked; Alabama Midland per cent
| Endorsed, IS bid, 81 asked; Brunswick and
| Western As, 65 bid, 20 asked; South Bound
| railroad S. 65 bid 20 asked Southern Rail-
way 5s, 9314 bid. 9412 asked; Georgia and
| Alabama first preferred 5s, 1903 bid, 104
| asked Georgia and Alabama first consols,
| 80 bid, SO asked.
Railroad Stocks-Augusta and Savan-
| nah, "a bid, IS asked; Georgia common,
| 172 bid, 173 asked: Southwestern, "a bid 95
/
| bid 1885, asked; Atlanta and West Point
| 6 per cent certificates. 102 bid, 1O3 ask
| ed; Savannah Construction Company 60
| bid 6S asked.
Gas Stocks-savannah Gas Light Stock,
| 221s bid, % asked; Electric Light and Pow
er Company, Sc bid, = asked.
Bank Stocks Etc.-Citizens Bank 1891
| bid asked Chatham Bank, 1872 bid, 43
| asked; Germania Bank, 1881 bid 1891
asked; Merchants National Bank, So bid
! S71a asked; National Bank of Savannah,
! 125 bid, 126 asked; Oglethorpe Savings and
Trust Company 1O3 bid, 1O4 asked; South
ern Bank of the State of Georgia, 1853 bid
| 155 asked; Savannah Bank and Trust
| Company, 100 bid, 102 asked; Chatham Real
Estate and improvement Company, A, 80
bid, Sc asked; B, SAY bid, SO asked; Peo-
| pies Savings and Loan Company, 80 bid,
| "a asked.
Factory Bonds-Augusta Factory 6s, 101
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 Is, 1O1 bid, 102 asked
Factory Stocks-Savannah Cotton Fac
tory, - bid, % asked; Augusta Factory,
| so bid, SO asked: GVanitevilie Factory AS
bid, ISL asked; Langley Factory, 14 bid
1854 asked; Enterprise Factory common
SO bid, sc asked; j. r. King Manufacture
ing Company, 104 bid, 105 asked; Sibley
Manufacturing Company, 70 bid, rs ask
ed; Savannah Brewing Company, - bid, So
asked.
New York, Sept 27.-Money on call was
| easier al 212d3 per cent; the last loan was
at ~ per cent, and closed at 21a03 per
cent. Prime mercantile paper 41ha5 per
| cent. Sterling exchange strong, with act
ual business in bankers bills al $4S51s for
demand and at S4.S2$4 @4.S3 for 90 days
posted rates, A.S312G4.84 and 81. 1884. S61b
Commercial bills, $4.S11Ad4S2. Silver GER
tifcates 56d5Sc; bar silver, SEC; Mexican
| dollars 4SAc. Government bonds were
firm; state bonds were dull; railroad bonds
were firm.
New York Sept 27.-Evening Posts
| London, financial cablegram says: The
stock market was idle here to-day pend
ing the settlement which begins to-mor-
row and the Hebrew holiday The tone,
| however, was steady. Americans opened
dull on the New York lead and then raj
lied to over the parity, on German buying.
| Then New York sold this afternoon, nota-
] bly, Atchison adjustment and prices were
| merely steady at the close. Big. options
| fall due tomorrow on Louisville, st. Paul
and others and inasmuch as profits were
! secured some time ago. these shares will
not have to be taken in, they will, there
FORE probably be less scarce for delivery
! than at the last account. The mining set
tlement to-day was featureless. Rates
were fairly stiff. Tomorrow money rates
may possibly go Il per cent. higher than
month ago. Gold was in less demand
to-day at Us 111sd There was a falling
off in the supply of American bills. The
| Pafis and Berlin markets were quiet. An
article in the Journal des Debats, hint
ing that the French mint might be will
ing to open silver at the ratio Of 151s to l,
exctes discussion here"
New York, Sept 27.-The stock market
to-day showed very marked falling off
in activity, the total sales of stocks reach
| ing only 10000 shares. The diminished
activity was In part due to the observance
of the Jewish New Year holiday by many
brokers and operators But there was be-
sides disposition on the part of many
large interests which have recently been
active in the market to stand aside for the
| time being and allow prices TO take their
own course. The professional element.
| which has now very generally espoused
the bear side, not active to-day.
Prices rose after the opening i'm sympa-
| thy with the quotations received from
| London and there was buying also for
| London account here. Later some traders
| professed 10 be disappointed at the size
| of the increase shown in the August gross
| earnings of Omaha and that stock was
sold down sharply. The decrease In the
| freight tonnage shipped eastward from
| Chicago last week was also used as an ar
gument for a depression Of prices Rock
| Island was one of the stocks under spe-
| cial pressure. The market receded below
| Saturdays close under the influences the
decline in Rock Island extending to IA,
| but only to fractional amounts in other
stocks There was also a recession from
the best at the close, so that the extreme
advances during the day considerably ex-
| ceeded the net gain. All the general news
| continued to favor advancing prices and
| free from professional pressure, the mar
let adva need in the afternoon TO the high
| est point of the day.
! The money market continued 10 attract
| the greatest share of interest as the flu
| ture course of speculation Is felt 10 large
| ly depend upon the supplies of money The
tone of the market was somewhat easier
| to-day but, owing TO the lack OF animation
in the stock market, there was little de-
mand. Shipments of currency to tine in
terror continue in large volume, and it is
| believed this demand will not be exhaust
| ed for some time yet. Several of the lead
| ing banks in the city already show their
| reserve reduced below the % per cent. lin
| Il, and several others have almost ex-
| hausted their surplus reserve. 1t Is be-
ieYed that further contraction Of loans
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