The morning news. [volume] (Savannah, Ga.) 1887-1900, 1897-10-14
THE MORNING NEWS: THURSDAY. OCTOBER H. 1897

asked : Georgia 3la per cent, due 1915. 1Oi
bid, los asked; Georgia Az per cent bonds
1915. lie bid. III asked; Georgia per cent,
due 1926, n11s bid 1929 asked; South Car
DINA 4lss. los bid, I09 asked.
| City Bonds-Atlanta Z per cent lO4 bid
| 105 asked; Aususta AIS, 1925. 103ls bid 104ta
| asked; Augusta Z per cent. los bid. 109
| asked; Augusta per cent, 10S bid, 10
asked; Columbus per cent, 10Sl2 BID, 1919
! asked; Macon per cent ll4l6 bid 116
asked; Macon p5s, 1926 104 bid, los asked:
Savannah per -cent, quarterly January
| coupons, 10 bid, Ill asked: Savannah 5 per
cent. quarterly November coupons. llClb
bid, Ill asked; Charleston As, "a bid, IS
| asked.
Railroad Bonds-Savannah, Florida and
Western railroad general mortgage bonds,
6 per cent. interest coupons, 1885, bid. il4s
| asked; Savannah, Florida and Western
| first mortgage 5 per cent. gold bonds
due 1884, 1854 bid, log asked ana interest;
| Augusta Southern, first 5s, 1924 g6 bid 100
| asked; Central Railroad ana Banking
| Company collateral SIS "a bid % asked F:
| Central of Georgia railway first mortgage
| 5s, 50-year gold bonds, ia bid 115 asked /:
| Central of Georgia railway first CONSOLE
| dated mortgage IS. "a bid, 94l5 asked; Cen
coupon; Central of Georgia railway frs.
| preferred incomes, 43 bid, As asked, ex-
| dividend Central of Georgia railway. Sec
| ond preferred incomes, II bid Is
| asked; Central of Georgia railway third
| preferred incomes, bid, 10 asked; Geor-
| gia railroad IS, 1910 1141z bid, l16l5 asked:
! Charlotte, Columbia and Augusta first 5s
1857 bid - asked; Charlotte. columbia
and Augusta second mortgage rs, ia bid
| lbs asked, Georgia Southern and Florida
| new IS, 97l2 bid, 9S1a asked; South Georgia
| and Florida first mortgage u, 1921 bid
| 1882 asked; South Georgia and Florida
| second mortgage Is, 1872 bid, 1903 asked !;
| Ocean Steamship peg cent. bonds. 1926
| aeIva A..
road first mortgage per cent bonds, So
| bid - asked; Alabama Midland per cent
| indorsed, IS bid, 81 asked; Brunswick and
| Western As, Go bid. 70 asked; South Bound
railroad 5s 6 bid, 70 asked; Southern Rail
| way 5s, 1919 bid, 9415 asked; Georgia and
| Alabama first preferred 5s 1O3 bid, 104
asked; Georgia and Alabama first consols
| 50 bid. So asked.
Railroad Stocks-Augusta and Savan-
| nah, "a bid 95 asked Georgia Common,
| 172 bid, 173 asked; Southwestern, 81 bid IS
asked; Atlanta and West Point stock,
1OS bid 105 asked; Atlanta and West
! point per cent certificates, 1902 bid 1882
| asked; Savannah CONSTRUCTION Company
| CT bid, 70 asked
Gas Stocks-Savannah Gas Light Stock
2l12 bid, % asked Electric Light and Pow
er Company, Sc bid, IS asked.
Bank Stocks, Etc.-Citzens Bank. 1924
| bid asked; Chatham bank 42$4 bid, 1872
asked; Germania Bank, 1851 bid, 109h
| asked Merchants National Bank. 81 bid
96 asked; National Bank of Savannah
| 125 bid, l26 asked Oglethorpe Savings and
Trust Company. 1903 bid, 104 asked; South
ern Bank of the State of Georgia, 1913 bid,
| 155 asked: Savannah Bank and Trust
Company, 1O1 bid, l02 asked Chatham Real
Estate and Improvement Company, A, 551a
bid, Sc asked; B, 5412 bid. IS asked; Peo-
pies Savings and Loan Company, SO 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. 70 asked; Sibley Manufacturing Com
| pany 6s, 101 bid, 1902 asked.
Factory Stocks-Savannah Cotton Fac
tory, - bid, Is asked; Augusta Factory
| 50 bid, SO asked; Graniteville Factory, AS
bid, Isl asked; Langley Factory, 104 bid,
| 1854 asked; Enterprise Factory, common,
SO bid. sc asked J. r. King Manufacture
ing Company, 14 bid 1O5 asked; sibley
Manufacturing Company. 70 bid, 76 asked;
Savannah Brewing Company, 80 bid, So
asked.
New York, Oct. 13.-Money on call was
| steady at 21ad3 per cent, the last loan was
at per cent, and closed offered at 2i503
per cent. Prime mercantile paper, 4hG5
| per cent; sterling exchange easier, with
actual business In bankers bills at "a .S4A
4.S43s for demand, and at a.S2li4. 82A for
sixty days. The posted rates were "a. S2i4G
| 4.S313, and 81 85d4 .851a. Commercial bills.
&81. Silver certificates. 571a@5Sc. Bar
silver, SIC. Mexican dollars, 43Ac Gov
eminent bonds were firm. State bonds were
dull. Railroad bonds were steady.
New York, Oct. i3.-The Evening Posts
London financial cablegram, says: "The
stock markets were idle to-day, except
! West Australia mines, which We're good
| The only feature was the sharp slump in
! Americans, almost entirely on New York
| selling both there and here At present
| it is supposed here that the fall Is due
to forced sales by bucket shops in New
| York, and If the cables confirm this view
there is a disposition to re-purchase at
| the present level; but the market is de-
moralized for the moment and closed
| weak Opinions as to the rise in the bank
! of England discount rate are evenly dis
! tributed. rise to 8 per cent would
| scarcely affect the market. New York is
| still bidding for bar gold In the open mar
ket. The Paris and Berlin markets were
dull.
New York Oct 13-To-day's stock mar
ket almost reversed the course traversed
In yesterdays market without any change
| in the character of the general outlook or
| the news. The bears were aggressive in
| the forenoon, but in the afternoon there
was hardening of prices, which carried
| the level of the market materially above
last nights change close. The range Of
| prices was very wide declines at one time
running to points, the latter in Sugar
| which was quite erratic and active all
| day. The liquidation on decline was heavy
| and the volume of trading on the rise
! showed a marked dminution The opera
! tors for the reaction seemed to be satisfied
| with the decines they had achieved, and
| their purchases to cover short contracts
were instrumental In affecting the recov-
cry. But there were also evidences of
| some buying for long account. Very firm
resistance was encountered in some of
the stocks which had shown greatest
weakness. This was markedly true Of
Chicago Gas. In which inside buying was
large and prominent. This stool, during
the day went as low as last nights close,
but the final sale showed a net gain of
AZ, showing yesterdays heavy decline
more than recovered. Sugar was the OBJ
ject Of special attack by the bears. after
an opening gain of point, and was fore
ed down a one time over points. bat re.
covered to about last nights level.
The stocks of southern and southwes-
tern railroads showed less resistenc.r than
those Of the general list owing 70 the de-
creased earnings disclosed by late state
he Of int E.