The morning news. [volume] (Savannah, Ga.) 1887-1900, 1897-02-24
Reference: Citizens Bank Of Savanna


chants National Bank. 81 bid. s2la ask
ca, ex-div.: National Bank of Savannah,
| 70 DID, rs asked, ex-div; Oglethorpe Saw
MS ana Trust Company. loll5 bid. lO2l2
o. Georgia, 160 bid, 165 asked ex-div /;
| savannah Bank and Trust Company, 100
old, lOl asked, ex-div.; Chatham Real Es-
bid, q asked; B. 80 bid, So asked. ex-
| div; Peoples Savings and Loan Com
pany, 80 bid. SO asked.
Factory Bonds-Augusta Factory, IS. 100
md, lO2 asked; Enterprise Factory IS lOl bid
iOz asked; Eagle and PheniX Manufactur-
ING company, per cent. bonds, 40 bid,
80 asked; Sibley Manufacturing Company
Is, 100 bid. 101 asked.
Factory Stocks-Savannah Cotton Fac
tory, bid. 40 asked; Augusta factory so
bid, 81 asked. ex-div.; Graniteviile Fac
tory, lao bid, l5l asked; Langley Factory,
l0S bid, 1oi asked Enterprise Factory
Manufacturing Company 1903 bid, 1Oi ask
sd; Slbley Manufacturing Company, rs
BID, Is ID asked sS.5 10 savannah Brewing Com
London. Feb 2S-Bar silver, 20 11-16d.
Consols 112l4 for money and 112Ss for the
account.
Paris, Feb. 2S.-Three per cent. rentes,
lO2 francs Az centimes for the account.
New York, Feb. 23,-Money on call was
easy at l2@2 per cent; the last loan was
at " per cent, and closed at IL per cent.
Prime mercantile paper, per cent Bar
SILVER 6i9sc. Sterling exchange steady,
with actual business in bankers bills at
$4S5A for sixty days and $4S7 for de-
mand, Posted rates &.S51.@4.SS; COM
merclal bills, AS3hd4 SAG. Government
bonds shade easier; state bonds were
neglected; railroad bonds were firm. Sill
yer at the board was dull.
New York, Feb. 23.-The treasury bal
ances we're as follows: Coin, $l27, 81 ,537;
currency, S6O.30S.044
New York. Feb. 2S-noon.-The stock
market opened dun but firm at the fol-
lowing quotations:
ERE ............ 173s Bait q Ohio t51s
Northwestern ..104 Can. Southern 447s
90 pref ........l54 St Paul ........ 1873
Lake Shore ....157 Rock Island 80. 6isi
N. q W, pref :. 16 Del. & Hudson. 1O715
western Union S252 Del. L. & W....5f
so ny. com. Manhattan ...... S71s
DO pref ........ 2SA Mich. Central S91a
Am. Sugar .u.1139s N. Y. Central s22.
New York, Feb. 23.-The markets for Sc
curlues showed an improving tendency to-
day so far al the course of prices was con-
cerned but the paucity of business de-
prlVed the advance of a. good deal of its
Significance, which might have been at
tached to 1t had the transactions reached
even normal proportions The trading
was confined entirely to professional oper-
ators as may be inferred from the fact
that the sales aggregated less than 100000
shares. At the opening prices improved
fractionally, but the rise was soon check
ed by drop in Leather, preferred, from
57I5 to 55l5 on unfounded rumors that the
dividend would be reduced. The general
list ran off Il to "a from the closing figures
on saturday but the selling was mainly
for short account. The rise in British
consols, accompanied as it was, by more
pacific news from the Levant, together
with the absence of any further unfav-
orable developments in the Cuban situa-
ton, imbued the bulls with more courage.
Buying orders were placed in various
stocks, and although they lwere generally
for small amounts, the market promptly
responded. The recovery WAS due in part
to the official announcement that the di-
rectors of the Leather Company at their
meeting, had declared dividend of / per
cent This stock quickly got back to 571z
while Tobacco moved up from 71s4 to 74A
Sugar from 113 to 114I5 and Manhattan
from S1is to 8S5s The rest of the list adj
vanced u to IL per cent. The bituminous
coal and iron stocks were strengthened by
the large orders placed for steel rails for
home consumption and export A majority
of the leading issues closed within Il to p
per cent of the highest figures recorded,
but Leather, preferred, yielded IA and Jer-
sey Central nearly per cent The latter
was weakened in the late trading by re-
ports that the Lehigh and Wilkesbarre,
which is controlled by the Jersey Central,
barely earned operating expenses in 1896.
Speculation closed dull and generally
firm. OF the 3S67 shares traded in 1860
were Sugar, 10, 400 Leather preferred 1880
Burlington and Quincy, 1900 Tobacco, and
$500 St. Paul. No other stock figured for
as mucn as 1900 shares and number of
stocks, usually prominent in the dealings.
were virtually neglected. Net changes
show advances of Ad17s per cent, To
bacco leading. In the specialities, New
York and New Haven advanced ~ to IT'S
and Illinois Steel. IA to 34A. Bonds were
higher Sales footed up $1,301, 600
New York Stock List-Stocks and Bonds
al the Closing.
Am. Cotton Oil 111sl Nash. c. & st L 671s
do pref ,....,. 50 N. J.. Central :. 96ls