The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-01-19
TELEGRAPHIC MARKETS.
(Continued from Nlnth Page)

SO15 bid 81 y asked; Central or GeoiSla I'H'i-
way first mortgage 5s. 5O-year gold bonds
lis bid, 119 asked: Central of Georgia RI T.
way first consolidated mortgage Is, % nid'
80 asked Central of Georgia Railway tiT-'
preferred incomes. 49, bid. 44l2 asked; CEN
trail of Georgia Railway second preteTr'1
incomes, 14la bid, 15l4 asked; Central OF
Georgia Railway. third preferred incomes
z bid, asked; Georgia Railroad 6s i'i''
113 bid 114l5 asked Charlotte, Columoa
and. Augusta first 5s, ITO bid, i'll asked,
Charlotte Columbia and Augusta second
mortgage Is 116 bid, III asked; GeorSIt
Southern and Florida new 5s. 100 old' W.
asked; South Georgia and FLORIDA hIsl
mortgage IS 1929 bid 1872 asked SCUM
Georgia and Florida second mortgage -
103 bid, 105 asked; Ocean Steamship D per
cent bonds 1926 104 bid. - asked; Clty ana
Suburban Railroad first mortgage per
cent bonds 81 bid, asked; Alabama
Midland per cent. Endorsed, - b-d, u
asked; Brunswick and Western As % pa
771s asked: South Bound Railway IS, - pa
rs asked; Georgia and Alabama first pre-
ferred 5s, 1O2 bid, 10S asked; Georgia ana
Alabama cons. 5s, 80 bid 81 asked.
Railroad Stocks-Augusta and savannah.
9S1s bid 94ls asked; Georgia common 10
bid $50 asked; Southwestern - b.d' IS.
asked: Atlanta and West Point stock lVI ?
bid. 102 asked: Atlanta and West Point %
per cent certificates 10l52 bid, lWi2 ash'I'
Savannah Construction Company, a DID 81
asked.
Gas Stocks-Savannah Gas Light stock
q bid, - asked; Electric Light and rover
Company, u bid, Is asked.
Bank Stocks, Etc.-Citizeus Bank, ig'
, bid. 10 asked Chatham Bank, asa p.d,
20 asked. ex-div. Germania Bank lcS
bid. 1O9 asked; National Bank OF SaVah-
nah. 124 bid 126 asked; Merchants Naiiohal
Bank 81 bid, 50 asked; Oglethorpe SdE-
ings and Trust Company, l03 bid Ioo
nj nf
Georgia 1873 bid, $40 asked, eX-diV.; Sd-
vannah Bank and Trust Company Iol@i
hid 1O2lb asked: Chatham Real Estate ana
Improvement Company, A, 541s Dld, 5oi2
asked; B, "a bid, SAG asked; People SAY say,
ings and Loan Company, %l2 pld' SS'2
asked. .o,
FACTORY Bonds-Augusta Factory IS, 10l
hid. 1872 asked; Enterprise Factory 6s lO
hid 1O1 asked; Eagle and Phoenix Manu-
featuring Company per cent. Donds,
bid. 10 asked; Sibley Manufacturing COM
pahy 6s, 1Ol bid, 1902 asked.
Factory Stocks-Savannah Cotton rae
tory. - bid. IS asked; Augusta Factory, 81
hid. 81 asked: Graniteville Factory, 145 bid,
ISL asked: Langley Factory, 1Oi bid, 1904
asked: Enterprise Factory, common, 70
bid 96 asked; J. r. King Manufacturing
Company 104 bid, 105 asked; Sibey Manu-
featuring Company, 40 bid, 76 asked; "a
vannah Brewing Company, 81 bid, 90 askeu'
easy at 2ja per cent; the last loan was
at 21b per cent Prime mercantile paper,
BOA per cent. Sterling exchange was
steady, with actual business in bankers
bills at S4.S41@G4S4& for demand ana
$4S21s54 S2s4 for 50 days. Posted rates
$4SS1a@4S51ad4.S6 Commercial bills, A8lA.
Silver certificates, 56Ad5Sc Bar silver
s67kc. Mexican dollars, 4512c. Government
bonds were irregular; state bonds We're
quiet: railroads bonds We're firm.
Washington. Jan. 1S.-To-day's statement
of the condition of the treasury shows:
Available cash balances ...........$ 1923 SSS, Az
Gold reserve ACKNOWLEDGEMENTS. 1872 8S6, Az
New York, Jan. 1S-Evening Posts Lon
don financial cablegram says: Sir Nj
chael Hicks Beach's speech at Swansea
last night, declaring that England would
have her rights in China even at the cost
of war although approved here, had some
effect in checking market activity and eX-
cept for Grand Trunks and Americans,
prices for all stocks, including consols,
were generally lower The markets, es-
peciaily mines, were also adversely affected
by the Paris fairness. Americans, after
period of frmness, closed duller. Ger
many again bought Northern Pacific but
sold Canadian Pacific. New York absorb
ed New York Central.
New York Jan 1S.-Prices were slaugh-
tered in the afternoon trading on the Stock
Exchange to-day and especially those
properties. including. local traction lines,
which were most benefited by the mar
ket's buoyancy yesterday. Prices opened
with fractional appropriations i'm sympa thy
with London which traded moderately
both ways, but buying slightly more than
they sold.
Large operators were not very active in
the low market until the late trading.
There appeared to be a general undertone
of strength in the early transaction, but
10 Ing hbanUp6
mongers We're not idle. Among other ef-
forts to depress the market, there was cir
culated an unfounded story that the United
States minister to Spain had sought the
protection of the British embassy at Mad
rid.
aided the bear raid, uncovering stop-losS
orders, and the market closed at or near
the lowest, and very weak.
Manhattan Elevated and Metropolitan
Street Railway advanced early on manip-
ulation but interests that engineered the
advance in these securities seemed to have
changed their position. The Senate finance
committees approval of the resolution di-
recting payment on government bonds,
either in gold and silver, was used by trad
ers as bear card.
The resolution presented in the House,
In the form of an amendment for the re-
cognition of Cuban belligerency was not
known until the closing hour.
In the general list the decline from the
high point ranged from l to points, but
the net losses in most cases were frac-
tional.
The bond market was held despite the
heavy liquidations in the stock market.
Total sales amounted to SO, $4,000. Govern
ment bonds showed some hestancy, with
quotations for the 5s shaded.
Total sales of stocks to-day 1886, 200
shares. including Atchison preferred. 4,332
Chicago, Burlington and Quincy 20, $50;
Louisville and Nashville, $50; Manhattan,
4.340; Metropolitan. 6.2O7; Missouri Pacific,
6,100: New York Central 10,900; Northern
Pacific. 49, 290; do preferred, 1870; Read
ing, ALSO; Rock Island, Also; St. Paul.
17.721; Southern preferred, 1922; Union Pa
ciie, 2, $50: Union Pacific and Gulf, 3,O22;
Chicago Great Western. 1850; Sugar, 54,-
1888; Tennessee Coal and Iron, $3.50.
New York Closing Stocks.
Atchison ........ 12aslSt. p. & o. NJ. ISIS
do pref. ....... 29% do do pref ..14S
Bait. & Ohio :. 10 st. p. NJ. & M..121
Can. Pacific :. S7s4 So. Pacific ...... 20
Can. Southern. 52i5 So. Railway ... S24
Cent. Pacific :. IFS do pref ....... 3OA
Ches. & Ohio :. 2lls Texas 81 Pacific. 11la
Chi. & Alton 1851 Union Pacific q. 30s4
~ n e. q qgAl IL p ID a G. @