The morning news. [volume] (Savannah, Ga.) 1887-1900, 1897-11-05

|
and Augusta second mortgage Is 1lS bid.
III asked; Georgia Southern and Florida
| new 5s. SO bid 81 asked; South Georgia
and Florida first mortgage rs, 102Is bid.
| 1881 asked; South Georgia and Florida
second mortgage Is, 1903 bid 1O5 asked
| Ocean Steamship per cent. bonds 1926.
los bid l06 asked; City and Suburban rail-
| road first mortgage Z per cent. bonds. "a
bid - asked; Alabama Midland 5 per cent.
/ Endorsed, S. bid, 81 asked; Brunswick and
Western AS 70 bid, so asked; South Bound
| railroad 81, IS bid 20 asked; Southern Rail
/ way IS, 50 bid, SO asked; Georgia and
| Alabama first preferred 5s, 1902 bid. 1903
asked; Georgia and Alabama first consols
50 bid, 81 asked.
| Railroad Stocks--Augusta and Savan-
nah, "a bid, 94l5 asked; Georgia Common
172 bid, 175 asked; Southwestern 1891 bid
/ 94Hs askeds Atlanta and West Point stock
| 1903 bid, 105 asked; Atlanta and West
| point per cent. eertincates, 102 bid, 1884,
asked Savannah Construction Company,
So bid, IS asked.
Gas Stocks-Savannah Gas Light Stock
p bid, -2215 asked: Electric Light and Pow
err Company 81 bid. 60 asked.
Bank Stocks, Etc.-Citzens Bank, l091b
| bid, 110l2 asked; Chatham Bank As bid, 46
asked Germania Bank 100 bid ITO
| asked; Merchants National Bank 91h bid,
so asked; National Bank of Savannah,
| 1926 bid, asked; Oglethorpe Savings and
Trust Company, 104 bid. = Asked; South
ern Bank of the State of Georgia, 1853 bid,
| 1855 asked; Savannah Bank and Trust
| Company, 101 bid,102 asked; Chatham Real
| Estate and Improvement Company, A. Sc
bid, 81 asked; B, So bid, 551a asked; Peo-
pies Savings and Loan Company, Sc bid
| 100 asked.
Factory Bonds-Augusta Factory 6s, 1Ol
| 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 6s, 101 bid, 102 asked.
Factory stocks-Savannah Cotton Fac
tory, = bid, Is asked; Augusta Factory
| so bid, SO asked; Granlteville Factory 145
bid, ISL asked; Langley Factory, 104 bid
| 1854 asked; Enterprise Factory, common
SO bid, SO asked; ]. r. King Manufactur-
| ing, Company, 104 bid, 105 asked; Sibley
Manufacturing Company, 20 bid. rs asked;
Savannah Brewing Company. so bid, IS
asked.
New York, Nov 4-Money on call was
easy at lQ11a per cent, the last loan closed
| at 112Gr2 per cent Prime mercantile paper,
/ 33t641ks per cent. Sterling exchange, steady,
with actual business in bankers bills at
| 1851 for demand, and at $4S224 for sixty
days. Posted rates, $4.SStb and $4S6G4. s61s.
| Commercial bills, $4S1s4. Silver certificates,
/ 5795S1sc. Bar silver 5S%c. Mexican dollars,
| 1890. Government bonds strong. State
bonds dun. Railroad bonds weak.
i ~
| London financial cablegram says: ''The
stock maFlsets-w again stagnant to-
| day until near the close when there was
a generally frmer tone, West Australia
mines being especially bought Americans
opened lifeless and dull. then hardened on
New York prices and finally closed easier
again. BFazils were better. Consols
touched 1121a and then gave way on sales
of bar gold by the Bank of England for
| Germany. The Paris bourse was good and
| the settlement Is passing off satisfactory.
i The Berlin market was weak. Russian
exchange was weak at 93.45, against $3.50
| earlier in tic week"
New York Nov. 4.-To-day's business
on the stock exchange was larger than
| that of yesterday but the losses in the
| prices quoted at the close are nowhere so
| large as those of Yesterday
Although the liquidation has been heavy
| large blocks of stock being thrown on the
market, there has been good support forth
coming at the decline. Although the gen
| eral course of the market was downward,
| this course was constantly interrupted by
| rallies, and as one of those periodical re-
| coveries came in the last half hour of
| trading the days net declines are small
| except In some of the less active stocks.
| Prices for American securities received
| from London at the time of opening here
| showed Fecoveries of fraction all round
| and the opening prices here were advanc-
| ed to the London parity, which was the
| highest prices of the day on the local ex-
| change. Reaction soon set in and Sugar
| showed signs of continued weakness.
Later in the day an authorized state
ment reporting satisfactory progress to-
| wards recovery from q. surgical opera ton
| by the president of the company steadied
| this stock and eliminated one of the prin-
| cipal elements of the weakness In the re-
cent market
4
| showed firm resistance to the downward
tendency all day and helped the tone of
| the general market. The coalers showed
| some recovery from yesterdays weakness
| and st. Paul and Burlington held their
own quite firmly. Arbitrage brokers
bought stocks in this market for London
| account, but this was probably to cover
| selling contracts made at the early high
| err level in London. Nevertheless it held
! to counterfeit the weakness in the local
| market Traffic returns from railroads
! were another favorable influence Missouri
| Pacific showing an increase in earn
ings of $4,000 for the fourth week in Oc-
| tober, and Chesa pealke and Ohio an in
| crease OF over $4,000 for the same period
In comparing current traffic returns with
those of year ago II is pointed out that
the period for this year has two SUNDAYS.
while that for year ago, had only one.
In the case Of the grain carrying roads
also last year OCTOBER business was very
large, thus making this years comparison
less striking. Consolidated Gas declined
to-day 3A; Pullman 21s and Sugar pre-
ferred "a points. Bonds moved in sym
patty with stocks and showed declines
Total sales $1,147,5O0 The total sales of
stocks to-day were 3se,2OO shares.
New York Closing Stocks.
Atchlson ........ 1294l st. P. & ON. .... TN,
do pref ....... 27l3 do pref ........14O
b. & Ohio ...... 1917 St. F. NJ & NJ. .121
Can. Pa. ........ 793s SO. Pa. ........ 1917
Can. So. ........ 54M So. Ry. ....... 9K
Cen. Pa. ........ 1874 do pref ...... 2S4
G. e. Ohio ...... 21hl t. & Pa. ........ 1O2t
c. & Alton ....16i "Un. Pa. ANN. 2lIl
c., b. & Q. 80. sSisl U.P.D. & G. ..... ~
9. & E. Ill. 49,. 81 Wabash ..... 81
C.C.C. & st. L.. 3Sls do pref ANN. II
do do pref 49, S0AiW. e l., T