The morning news. [volume] (Savannah, Ga.) 1887-1900, 1897-11-12

Factory Stocks-Savannah Cotton Fac
tory, - bid, 10 asked; Augusta factcry.
so bid SO asked; Graniteville Factory !4o
bid. ISL asked; Langley Factory, lO4 HID
1OsH asked. Enterprise Factory, common,
az bid. e6 asked: ]. n. King Manutactur-
ins COMPANY. 1O4 bid 105 asked; Sipley
Manufacturing Company, 20 bid. Is asked:
Savannah Brewing Company 80 pio' %
asked. -, -
New York. Nov. 1i.-Money on call was
s+aodv az 1ib6D2 per cent; the last loan
was al 9 and closed at 112Q2 per cent;
prime mercantile paper, Sl2a4A; sterling
exchange firm with actual business IN
bankers bills, at $4.S4ls for demand, ana
"a. S21hGl4. S2$4 for sixty days Posted rates
! 81 S31a and 81. S61a. Commercial pllls'
"a. S1A Silver certificates, 5I32q9S12c. Bar
silver 573sc; Mexican dollars, Acc. Gov
eminent bonds were strong state bonds
were dull; railroad bonds were heavy.
New York, Nov. 1.-THE Evening Posts
London financial cablegram says Inc
stock markets were moderately firm TO-
day. The feature was the further rise IN
consos and in other investment stocks
on genuine investment buying. kattrs
are resting. Americans are firm, but there
was good profit taking here at recent buy
ing as cabled you having been timid and
cautious. Finally stocks came forward
freely from New York and prices conse-
quently closed weaker. Grand Trunks
are still booming, but Canada Pacific was
fiat partly on the new issue of fl,O000O
| in capital, which, it is understood, have
| been UNDERWATER. The market was again
a borrower at the bank to-day. The Paris
and Berlin markets were steady.
New York Nov. M.-Stocks proved UNI
| able to hold the gains of yesterday, and
prices to-day declined to an extent which
practically wipes out all of yesterdays
| advances, net declines extending TO
point or over in large number of standard
active shares.
The decline of American securities In
London before the opening hour caused
weakness at the outset and London was
also an active seller in this market all
! day. After quite a strenuous resistance
| to the decline, Just after the opening, the
| market gave way and, with. the exception
| of periods of dullness and steadiness the
| course of prices was downward during
| the remainder of the day.
! The London selling was quite a factor
| in the decline, and the revised estimate
| of yesterdays decision concerning the an
| ti-trust laws by the appellate division of
| the supreme court at Albany, was also
| depressing influence. Apparently the con-
| viction in Wall street that the law had
| been declared unconstitutional obtained
| until to-day and a realization that the va
| lidity of the law had not been passed up
| on and the Incidental opinion expressed
| in the decision rather pointed toward up
holding its validity, materially weakened
prices This weakness was especially
manifest in the coalers and the Industrial
| specialties and had something to do with
| the sharp decline in Sugar, which at the
extreme amounted to 5 points. Sugar was
| moreover weakened by special considera-
tons, one of which was theA probability
| that the control of the Hawaiian crop
was about to pass to its competitors.
There was also an apprehension as TO
the final decision of the government to
| the question of countervailing duties on
Dutch refined sugars, a question which is
the subject of diploma tic negotiations. The
dealings in this stock were large and the
fluctuations in its price affected the mar
ket by sympathy quite strongly. Con-
solidated Gas also suffered one of its char
acteristic slumps of 619 points to 100. SUI
gar touched a price to-day fully point
lower than it's previous low point on the
present movement, but it rallied quite
strongly a point in the closing transac-
tions. Peoples Gas, the successor COM
pany to the Chicago Gas, was markedly
heavy throughout the day, and closed
with a net decline of nearly III. The
Southwesterns were weak, owing to not
very favorable showings of earnings for
the first week in November. That for
Missouri Pacific showed an increase of
$4,000 over the corresponding period of
last year, and Kansas and Pacific an in
| crease of nearly $4,000. Chesapeake and
Ohio was the only railroad TO report a
decrease for the first week, whichsamount-
ed to $14,243. The railway list was weak
throughout, and at the close losses of a
point or upward are shown all through
the active list. The dealings in Sugar
were almost one-fourth of the total
There was falling off in activity in the
bond market, and prices declined in the
latter part Of the day. Total sales 81, no.
COO. The total sales of stocks to-day were
2s7,710 shares.
New York Closing Stocks.
Atchison ....... 12zlS St. p. & Omaha 75$i
do pref ........ 267s do do pref. -. 40
BALTIC. & Ohio. 1874 st. P. NJ. & M .120
Canada Pacific. 8OAso. Pacific 49,. 10
Canada Sou 80. $3.50. Railway -. 9h
Cent. Pacific e. 12% do pref ........ 1884
Ches. & Ohio =. 21AfTexas & Pacific. 1OH
Chi. & Alton ..15S *Union Pacific =. 201a
c., b. e. o.. 92lkIU. +. d. 81 g.. IA
Chi e. E. ILL.,. 5215 Wabash .......... 81
c. c. G. & st. L. 321l do pref ....... 1914
do do pref. 80 Wheel & L. E.. ~
Del & Hudson 100 do do pref. . 8
Del l.. e. W....150 adams Exp ..... 156
Den. & Rio c.. liz Amer. Express. lie
do pref ........ A United States =. 40
Erie new ..... 1424 Wells Fargo 80. 10S
do LIST pref. 3515 Amer. Cot. OIL. 1917
FIT. Wayne .....165 do pref ..,..... n
CT. Nor pref. 100 Amer. Spirits %. sh
Hooking Valley. do pref ........ 1914
Illinois Cent. ..1OOA Amer. Tobacco. SOM
2. f. & west. 15A do pref ...... .1O9lA
do do pref. 67&t Peoples Gas 80. 947s
Lake Shore .....dn Cons. Gas ......19O
Louis & Nash. SAX Com. Gable Co. 1850
Manhattan l. 81 Col r. & Iron. 2O1k
Met Traction ..102atl do do pref. 70
Mich. Cent ..102iz Gen. Electric 80. 3l%
MINI. & st. L.. 221s Illinois Steel .. 39h
do do LIST pref. 81 lLaClede Gas -. 4O1h
Mo. Pacific .... 27ss Lead ........... 1874
! Mobile & Ohio. "a do pref ....... .102
NJ, X. & To-. 1874 Nat. Lin. Oil. -. 16
do pref ........ 81 ore. Imp. Co... 10
Chi Ind. e. L.. ShlPacihc Mail $50. 294
do do pref 80. % Pullman Palace. 1877
N. j. Central -. san silver Cert ..... 57h
N. Y. Central. .1O41s Stand. r.. & T.. AZ
N. Y. c. & st. l. 10 Sugar ........... 1885
| do do Isl pref. 70 do pref 40
do do % pref ~ Tenn O. & Iron "a