The morning news. [volume] (Savannah, Ga.) 1887-1900, 1897-09-10

|
| 1913 asked; Savannah Construction Com
| pany 65 bid, 6S asked.
Gas Stocks-Savauna Gas Light stock,
y bid, % asked; Electric Light and Power
Company, So bid &C asked.
Bank Stocks, Etc.-Citizens Bank. 1885,
bid, asked: Chatham Bank 42I5 bid.
| 4Sla asked; Germania Bank 1909 bid 10
| asked; Merchants National Bank S5Ib bid,
| S7l2 asked; National Bank of Savannah
| 10 bid, l26 asked; Oglethorpe Savings and
| Trust Company. 102 bid, 104 asked; South
ern Bank of the State of Georgia, 152 bid
| 100 asked; Savannah Bank and Trust
| Company, 100 bid. 102 asked; Chatham Real
| Estate and Improvement Company. A. 55
bid, S. asked; B, 544 bid, $40 asked Peo-
| pies Savings and Loan Company, 80 bid,
- asked.
| Factory Bonds-Augusta Factory 6s, 1Ol
| bid lO2 asked; Enterprise Factory 6s, 100
| bid, l0l asked; Eagle and PheniX Manu-
featuring Company per cent. bonds
| 40 bid, ~ asked; Sibley Manufacturing
| Company IS 10i bid 1902 asked
| Factory Stocks-Savannah Cotton Fac
| tory, - bid, % asked Augusta Factory
| so bid, So asked; GranitevHe Factory, 145
bid, l5l asked; Langley Factory 1O4 bid,
I09A asked; Enterprise Factory, common.
| " bid, 80 asked; j. r. King Manufacture
ing Company, 104 bid. 105 asked; Sibley
| Manufacturing Company, 20 bid rs ask
| asked.
New York. Sept. 9--Money on call was
| easy at 1Ad1la per cent; the last loan IA;
closed at 1l4alta per cent. Prime mercan
tile paper 3&d4l2 per cent. Sterling ex-
| change easy with actual business in bank
ers' bills at 1865 for demand, and
$f.S3Ad4S4 for sixty days Posted rates,
A.8ilsa4 85ls, and 4,86l5q4Sl CONNER
cial bills, $fS215. Silver certificates. $50
SIC. Bar silver 53Ac Mexican dollars,
48c. Government bonds We're firm; state
bonds We're dull; railroad bonds were
strong.
New York. Sept. 9.-The Evening Posts
| London financial cab.egram says: '"The
stock markets were strengthened TODAY
by the retention of the bank rate, but Inc
| American is slill the only department
| where any movement of Importance is iak-
! ing place quiet opening in these stocks
was followed by great strength and an ma
ton in the closing, in anticipation Of the
| settlement. Fifty thousand soVereigns in
gold We're Withdrawn from the bank TO-
day for India and $4,000 for Nova Scotia.
| The best Berlin market was more or less
weak. The Paris bourse had firm open
| ing, became dull, but closed al recov-
cry"
New York, Sept 9.-The market respond
ed to higher quotations in Londcn, with a
| fractional rise al the opening as it res
! ponded yesterday with a decline. The adj
vance in Illinois Central extended 10 lls
and in Southern preferred a point, and the
latter stock held remarkably firm in face
of heavy liquidation all through the mar
ket
Illinois Central unaeeountab,y declined
nearly 2 points, in view of the brilliant
achievement in earnings disclosed by the
August statement, representing an in
crease over August last year of $511,22S
The detailed statement for July showed
that the increase in the net earnings fell
just short of Sl50,050. The stock rallied
| laler and closed with a net gain. The
market sank quite weakly under the
! heavy realizing movement in The morning.
London buying invited realizing sales
| and it is likely that the failure of u large
outside brokerage house had something to
do with the heaviness, on account of the
| liquidation entailed upon agents on the
floor The decline extended to 1615s in
ST. Paul preferred and an average of
point in large number of leading shares
| The assembling ofethe ST. Paul directors,
with a quorum present. was the effective
| Influence in checking the decline on ac-
| count of the prevalent belief that an eX-
ira dividend would be declared. When it
| became known that the decision of the
directors was in favor of making
| the extra dividend of ] per cent, the
stock mounted upward strongly to par
which it touched for the first time in
| fourteen years. The price reacted a frac-
ton then. as though the maximum had
been reached, but a renewed impetus was
impaired Dy the enormous DuyinS OF all
that was offered, and the price was lifted
to 101 and held there till the close. Sales
of St, Paul were over 139, coo shares This
lively advance affected the other Gran
gers, by sympathy, and extended an i'm
proved tone all through the list. The re-
newed strength in the grain markets the
| reports Of heavy traffic on railroads and
the improvements in earnings helped the
| rally.
Total sales of stock to-day amounted
to eo5696 shares, including Atchison, 9.255:
do preferred, 1925; Chesapeake and Ohio.
71S0; Chicago, Burlington and Quincy, %
| 375; Illinois Central 1856; Louisville and
Nashville, 1880; Manhattan, 1880 Mis-
souri, Pacific, 30 1870; New York Central
6075 Northern Pacific preferred 1859;
Reading 1925; Rock Island, 10 100; ST.
Paul, 1879, 725; Southern Railway. 5,435: do
preferred 22.320; Union Pacific, 1860;
Wabash preferred, 500; Wheeling and
Lake Erie. 500; American Tobacco, 90.
1856; Bay State Gas, 24020; Chicago Gas,
1885; General Electric $3.50; Laclede Gas,
5600 Lead. 1920; Sugar, 1,127; Tennessee
Coal and Iron, 1880; Western Union,
9,220 Chicago Great Western, 6.010
Dealings in bonds again centered in the
Atchison issues. Central of Georgia first
income advanced AS per cent; total
sales So, 100000: United States old is, cou-
pons, advanced Il per cent. bid.
New York Closing Stocks.
Atkinson ........ l6isE do do pref .... 10
do pref ....... 3isa st. Paul .......1 0O9s
B. g. o .......... 1872 do pref .......145
Can. Pacific .. 722i ST. p. & On. S0ls
Can. South -. 574a do do pref ..14i8t
Cent Pacific -. 1881 st. p. NJ q NJ 122
Ches. & Ohio. !. 26isfSo. Pacific ...... 22.s
c. & Alton i.....165 $50 Railway -. IFS
c., b.. A. 60, $685. do do pref 49, 371s
chi. & T. Ill.,. 81 Texas &c Pacific. IA
Gee. & ST. L.. a91a L. Pacific ... I7lz
do do pref J.. 81 u. p. y. e. c. 81
Del e. Hudson 1885 Wabash . sM
d., L. & W....15a'A do pref ANN. 23iS
Den. G Rio Ct. 1916 Wheel. & l.. e.. S3s
do pref -. 1895 do do pref 49,. 1873
Erie new) .". l77s Adams Ex .....156
do 1st pref. 1877, American Elk ..1l6
FIT. Wayne .....173 u. S. Eek ........ a
ct. Nor. pref 1879 Wells-Fargo Ex109
Hook. Valley -. SIS lAm Cot. Oil..... 25B
III. Central 100 do do pref 500. ia
Lake Erie & w 20l4 Am. Spirits 80. 1874
do do pref -. 70 do do pref -. 1874
Lake Shore -. 176ts Am. Tobacco -. 9i3s
L. G. " ......... 629s, do do pref ....1127s
Man. l. .........l07lsi Chicago Gas ..10l5s