The morning news. [volume] (Savannah, Ga.) 1887-1900, 1897-10-22

Estate and Improvement Company, A, 551s
bid, 561s asked B, 541a bid, so asked; Peo-
pies Savings and Loan Company, " old,
"a asked.
Factory Bonds-Augusta Factory 6s, 1Ol
bid, 1902 asked; Enterprise Factory 6s. 100
bid. 101 asked Eagle and Phenix Manu-"
featuring Company per cent. bonds ~
bid AZ asked; Sibley Manufacturing COM
pany 6s 1O1 bid, 1902 asked.
Factory Stocks-SaVannah Cotton rae
tory. - bid, 10 asked; Augusta Factory
50 bid, SO asked; Graniteville Factory, lao
bid. ISL asked Langley Factory, l04 bid,
1851 asked; Enterprise Factory, common,
% bid. Sc asked; ]. r. King Manufactur-
ing Company, 104 bid, 105 asked; Sibley
Manufacturing Company, ~ pld 10 askeu,
Savannah Brewing Company, 80 bid, ~
asked.
New York. Oct. 21-Money on call was
easv at 2d21h per cent, the last loan was
at 2 per cent, and closed offered at per
cent Prime mercantile paper 4q412 per
cent Sterling exchange firm, with actual
business in bankers bills at $4S41a for de-
mand and at 81. 82d4. S21s for sixty days.
Posted rates. $4S21aG4. S31a, and %.S512.
Commercial bills, S4.S1. Silver certificates
| 5g7i591bc. Bar silver, 5S5sc. Mexican dol
lars 451hc Government bonds strong;
state bonds dull; elroad bonds firm. Pc
troeum, Pennsylvania crude, nomlnaily,
SOC.
New York. Oct. 21.-The Evening Posts
London financial cablegram says; The
Bank of England loan has come as COM
plete surprise to the market The feature
is that the bank has lifted about f4OOJCOO
from the market, as shown by the de-
crease, 100000, in other securities, ana
over fl 100000 in government securities. IL
was generally known that the bank was
borrowing, as was cabled to you early in
he hut ha ma
such borrowing at about flOOO.O00 only.
| The reserve is up only 100000 in coin and
bullion and down f141, goo, which as f2Z7O.O
in gold was exported for the week, shows
some return from home circulation.
1.-THE details of gold for the week are
| fS7, OCO in eagles sold, 100000 to the CONT
nent and f2O003 Malta. / can now atlrm
| that the recent Withdrawal of eagles was
| for Germany. not for America '7"i
| I'm consequence of the bank return dis
| count houses have raised deposit rates by
| a per cent to IA and IL for call notice
| money respectively. Regarding operations
| between New York and London, l am as
| sured that the statements as to large loans
from New York banks to London are
| grossly exaggerated, and this accords witt
| the New York cable to the Times thi;
morning. None the less, on this and pros
| pect of future gold shipments tC
| America. | would prefer to make no asser
| ton yet beyond the fact that some is go
| ing TO Germany and that the supply OF
American bills is falling off Pierrepon
| Morgan is talking very bullishly, and as
| surfing every one that trade prospects II
| America are assured for the next two OF
three years at least. The greatest uncer'
| tainty exists as to the question of future
| exchange"
| New York, Oct 21-What looked at one
| time to-day like a resumption In force Of
| lo rH Of
! an untimely end in the afternoon on The
| Wall street interpretati ton of SPANS re
| ported intention TO press for more strin
| gent measures against filibusters by the
| United States government. and to call this
| government to account for the success o
! ilibustering expeditions.
| There was a very wide range of fluctua
| tons for the day and movements of prices
were conflicting and irregular up to the
final decline. There was a good deal o.
| commission house buying reported during
the morning, but the market continued FOL
| the most part largely professional. Unior
! Pacific was an element of weakness, it:
| heaviness being caused by the reported
| circulation in the street of a syndicate
| agreement being made, contingent on some
| further developments in the case. Reports
| were also circulated that money was be-
! ing raised for this purpose in London.
Selling of stock for London account wa!
more or less of a drag on this market. The
| early rise in the market was aided by the
| continued favorable character of state.
ments of railroad earnings and rumors o.
| statements yet to come. But the question
! is arising in the minds of dealers in stocks
| how far the present high earnings are due
TO abnormal movements of special com
modities.
| The president of one of the great trunk
| lines points out that the rise in the price
of lo6 To
ing of western granaries, and that the set
| Element of the great soft coal strike Is
bringing forward very heavy arrears OF
traffic. He adds cautiously, 1T is impos-
sble to state now whether this improve
ment is due to the prosperity of the coun-
try. After the abnormal business is over
it will be better able to state whether the
improvement is likely to continue" There
has been, of course a marked increase in
the movement of general merchandise
over the railroads, but owners of shares
in these properties are beginning to ques-
ton the extent of this general improve
ment Money continued distinctly easy in
this market the bulk of the call loans
being made at about per cent No fur
Their imports of gold are expected while
European money centers show the present
relative stiffness of rates, the tendency be-
ing all the time to increase the difference
1t is shown by the sharp contraction in
the Bank Of England's loans this week
| Transactions to-day were on a moderate
scale Transactions in bonds were dull
and prices, in the main, were firmly held
Dealings in Union Pacific collateral trust
notes We're a feature. Total sales s.. 800. 600
United States old As were advanced X bid
the new As Il bid. and the IS, registered
a. The total sales Of stocks to-day were
BOG, 200 shares.
New York Closing Stocks.
Atchison ........ 1875 ST. Paul .... 941b
do pref ....... 29s do do pref ....14O
3. & Ohio....... 1875 ST. p. & O....... 81
Can. Pacific -. S1A do do pref ....142
Can. Southern 561sl Sc. p M. & NJ. .121
Cent. Pac ...... II S. Pacific .. 201z
| G. & Ohio ...... 223s S. Railway go. 10Ja
G. & Alton .....160 do do pref 49,. 315s
c. y. & Q...... 953s T. & Pacific 80. Tx
| G. & =. Illinois 81 eU. Pacific .. 2G15
! ~ ~ ~ rr -. O. ~ 10