The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-01-13


Cd; Macon, 8 per cent, ia bid, rs asked;
Macon 4iss. 1926, 104 bid los asked Sa-
vannah per cent, quarterly April cou-
mons. llOl5 bid. III asked; Savannah per
cent. quarterly February coupons, liG24
bid. i1lH asked; Charleston is, SO bid, 95
asked.
Railroad BOnds-Savannah, Florida and
western railroad general mortgage bonds.
6 per cent interest coupons III bid us
asked. Savannah, Florida .nd Western
first mortgage ) per cent. gold bonds. due
1894 los bid 100 asked; Augusta Southern,
firsts IS. 1874 - bid, 90 asked; Central Rail
road and Banking Company collateral SIS,
sol, bid 9l1a asked; Central of Georgia Rail-
way first mortgage IS, 50-year gold bonds
IFS bid 1l9 asked; Central of Georgia
railway first consolidated mortgage IS. 90
hid SO asked; Central of Georgia rail-
wav first preferred incomes A bid As
asked: Central of Georgia railway second
preferred incomes, Is bid, 16 asked Cen
trail of Georgia railway third preferred in
comes bid, asked; Georgia rail-
road IS, 1910 11S bid, 1l4I5 asked; Charlotte
Columbia and Augusta first 5s, 10 bid. i'll
asked; Charlotte, Columbia and Augusta
second mortgage IS, ZIG bid, III asked.
/. C,aorsia Southern and Florida new IS 100
bid. 1Ol asked; South Georgia and Florida
first mortgage Is, 1929 bid, 1887 asked
South Georgia and Florida second mort
gage Is. 1903 bid, 105 asked: Ocean Steam
ship per cent bonds. 1926, 104 bid,
asked, CITY ana SUBURBAN railroad nTSt
mortgage z per cent bonds, 81 bid 49, ask
ed: Alabama Midland per cent Endorsed
90 bid, 81 asked; Brunswick and Western
4s rs bid 7715 asked; South Bound rail-
way 5s. rs bid, rs asked; Georgia and Ala
bama first preferred 5s, 102 bid 10S asked
Georgia and Alabama cons. 5s, 50 bid, 81
asked.
Railroad Stocks-Augusta and Savannah,
93Ib bid. 9i1b asked, eX-div.; Georgia com
mon, ia bid. 176 asked; South
western, % bid, sS52 asked
West Point 6 per cent certificates, 1914
bid 1021s asked; Savannah Construction
Company, rs IBID. so asked.
Gas Stocks-Savannah Gas Light stock
% bid, asked; Electric Light and
Power Company, 6S bid, II asked.
Bank Stocks, Etc.-Citizens Bank. 1o0ib
bid. 40 asked, ex-dv.; Chatham Bank, AZ
bid. 4S1a asked, eX-div ;Germania Bank, l0S
bid 100 asked, ex-div.; National Bank
of Savannah, 124 bid, 1875 asked, eX-div.;
Merchants National Bank, 81 bid. 50
asked, ex-div.; Oglethorpe Savings ard
Trust Company, 1853 bid, asked, eX-div.;
Southern Bank of the State of Georgia,
40 bid las asked. eX-diV.: Savannah Papk
and Trust Co., 101 bid, 103 asked, ex-div.;
Chatham Real Estate and improvement
Company, A, 541A bid, 5515 asked B, "a bid,
bi1s asked, ex-div.; Peoples Savings and
Loan Company. Sc bid, 100 asked.
Factory Bonds-Augusta Factory 6s, 1O1
bid 102 asked; Enterprise Factory IS. 100
bid. 101 asked: Eagle and Phenix Manu-
featuring Company per cent, bonds, -
bid, 40 asked; Sibley Manufacturing Com
rnny 6s, 1O1 bid, 1O2 asked.
Factory Stocks-Savannah Cotton Fac
tory, - bid, 10 asked; Augusta Factory,
50 bid, SO asked; Graniteville Factory, las
bid, Isl asked; Langley Factory, 104 bid,
1854 asked; Enterprise Factory, common,
SO bid, Nc asked; j. r. King Manufacturing
Company, 104 bid. 1O5 asked; Sibley Manu-
featuring Company, 20 bid, 76 asked; Sa-
yannah Brewing Company SO bid IS asked.
New York Jan. 12.-Money on call was
steady; actual transactions ranging 2i2d
per cent; the last loan was at per
cent, and the closing bid and asked was
25s6l3 per cent; prime mercantile paper,
31A04M per cent. Sterling exchange weak.
with actual business in bankers bills. 1t
S4.S4s40 Si7s for demand, and at $4S22sd
4s2ss for sixty days. Posted rates, $SSGr
4.s3la and s4S51aQ4s6; commercial bills,
$4.S1A. Silver certificates, 5734W579sc. Bar
silver, 5715c; Mexican dollars. 46lsc. Gov
eminent bonds strong; state bonds were
duil railroad bonds were strong
Washington, Jan. 12.-To-day's state
ment Of the condition of the treasury;
Available cash balances, $23S s92, 562; gold
reserve, 1851, S49 645.
New York, Jan. 12.-The Evening Posts
London financial cablegram says: There
was less activity in Grand Trunks and
Canadian Pacifcs in the stock market to-
day and increased animation and strength
in Americans and Argentines, particular
" Argentine rails.
1.-THE mines were neglected.
Americans are still mainly supported
by New York and the continent There
is increased business here, but entirely
by SPECTATORS. Denver and Rio Grande
rose sharply on professional clique buy
ing. Union Pacifcs were strong on buy
ing from New York and the continent
Pacific generally closed strong"
New York Jan. 12.-To-day's market for
securities was much the same character
as yesterdays. The principal interest
cent@-ed in Union Pacific and a number
Of its affiliated companies, and in North
ern Pacific, which We're the leading fac
tors of strength, while on the other hand
Sugar continued under a weight OF depres-
sion as was the case yesterday.
new feature of the special strength
was Chesapeake and Ohio, which advance
ed point on heavy buying. Transactions
were on very large scale and the heavy
dealings of large operators, backed by
powerful interests, was manifest all
through the market. Commission house
business was in fact quite noticeable in
the days trading. 1t was obvious. how
ever. that realizing on a large scale was
going on In different parts of the list co
incidently with the strength in the other
parts A striking example of this process
was seen in the two Northern Pacific
stocks, the common being advanced over
a point, while realizing in the preferred
carried ii below the last sale last night.
The Anthracite Coalers were weak and
continued to decline. Union Pacific rose
at one time over 2 points, but recent buys
ers commenced TO take profits as soon as
a report was published that the new COM
pany had secured control Of the Oregon
Short Line. The stock reacted over a
point.
The recent strength of the stocks of the
disintegrated portions of the old Union
Pacific system is fully expected by to-
days announcement. This buying was
evidently formed on a belief in far reach
ing plans of combination and extension,
which. according to some prevalent ru-
mors, will embrace. one vast system from
the Atlantic to the Pacific. Much was
made in the market of a reported bond
Issue by the Chesapeake and Ohio, but
the benefits to accrue seems TO be some
what exaggerated.
Advices from the London and continent
tai markets showed the tone of the Amer