The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-11-20

Estate and Improvement Company. A, ssh
bid. Sc asked; B, So bid, 55ls asked; Peo-
pies Savings and Loan Company, SO bid,
81 asked.
Factory Bonds-Augusta Factory, los
] bid, l06 asked; Sibley Manufacturing Com
pany IS, 100 bid. 102 asked; Eagle and Phe-
nix Mills 6 per cent. bonds, due 1928, 101
bid, 1O2 asked.
Factory Stocks-Augusta Factory, SIS
bid. 65 asked; Graniteville Factory, 14O bid,
l45 asked; Langley Factory, 100 bid, 1M
asked; Enterprise Factory, common, 80
bid, "a asked; j. R. King Manufacturing
Company, 100 bid. 1Ol asked; Sibey Man
ufacturins Company 70 bid, 76 asked; Sa-
vannah Brewing Company, 10l bid, 10S ask
ed.
New York Nov. 1s-Mouey on call was
steady at 2Gt2h per cent. the last loan at
per cent. Prime mercantile S1sd41s per cent.
Sterling exchange steady, with actual bus
mess in bankers bills 81 1914 al ssh fer de-
mand, and $4.Sf404.Si1a for sixty days.
Posted rates 81 .S36l4 .S6la. Commercial bills
$4SlR Silver certificates. 60lzG61c. Bar
silver, 60&sc. Mexican dollars, 47lsc. State
bonds strong. Railroad bonds weak.
New York, Nov. 19.-The weekly bank
statement shows the following changes:
Surplus reserve, increase, s., 655, SIS; loans,
increase, s., S97, 500; specie, increase, 2,947,
GOO; legal tenders, increase, 81 ,066, 300; de-
posits, increase, SO, 439, 800; circulation, in
crease, $4,000. The banks now hold $16,-
,S75 in excess of the requirements of
the p per cent. rule
New York, Nov. 19.-The market had the
burden of several unfavorable factors to
carry a the opening this morning The adj
vance in the rate of discount by the Berlin
bank from SIC to 6 per cent, had unsettled
foreign markets and depressed the inter
nationally listed stocks here, Union Paci-
fic leading the decline with a drop of a
point. There was a further and sudden
| collapse of l to points in the Federal
Steel stocks on the reported failure of
steel rail interests to pool. Opening prices
were, however, for strength quickly devel-
oped at points which served to sustain
the weak points Manhattan, Sugar, Peo-
pies Gas and the coalers all moved up
ward. The quick rally in Federal Steel
on the large buying at the decline, convey
ed the suggestion that the failure to
agree as reported, might be in a purely
Pickwickian sense and prompted by the
discreet purpose to observe the letter on
the joint traffic decision of the Supreme
Court. Finally the unexpectedly favorable
bank statement routed the bears effect
ually.
OF the s4,O13, 800 increase in cash, not
much more than million can be account
ed for by sub-treasury operations and the
interior movement. The source of the bal
sudden decrease of $1,000 600 in the return
for November. The continued ease of the
money market during the week, in face
of large clearing house operations, Is, how
ever, explained. Notable strength was
shown by Atchison preferred, Kansas
City, Pittsburg and Gulf, Lake Erie and
Western preferred, Northwestern, Omaha
Baltimore. and Ohio, and number of
other stocks.
There has heep a 1aroa businese In honde
during the week, though by no means up
to last weeks high record. The market
has shown the same irregularity as that
for stocks.
United States new As, coupon, and the
SIS coupon, have declined 81 and the old
As, coupon, the new As, registered, and
the 5's, registered "a in the bid price.
The total sales of stocks were 2S7, 200
shares, including 1915 Atchison prefer
red $50 Chesapeake and Ohio; $3.50 Chi
cago Burlington and Quincy; $40 Denver
and Rio Grande preferred; 1855 Manhat-
tan; 5,O75 Union Pacific; 1885 st. Paul;
11,4SS Federal Steel; 80, 445 do preferred;
1O2o5 Sugar; $500 Peoples Gas.
New York Closing Stocks.
Atchison ......... 1914 Rock Island ....1177s
do pref. ....... 447sSt. L. e. S. F.. 75si
Bal. & Oho.... 52lA do do pref. 65A
Can. Pacific -. S3lA do do I'd pref. 919s
Can. Southern e. 5lASt. L. & S. w. 55s
Cent. Pacific $50. 27A do do pref. 1fA
Ches. & Ohio.... 22& st. Paul .1127s
Chi & Alton. ,.159 do pref. .162h
Chi, b. & o.. .11S8sSt. p. & Om. ssh
Chi. & e. Ill.,. 5Sh do do pref. .167
do pref. ...... .10Sl5lSt. P. NJ. & NJ. .173
Chi G. w.. 1873 So. Pacific ...... 263s
Chi. Ind & L.. 8 So. Railway 49,. 9l5
do do pref. p do pref. .. S7ai
Chi & N. W.. 1894 Texas & Pacific. 1873
do pref. .......1S5 Union Pacific -. 34A
=. Z. =. d ST l.. 4l12i do pref. ........ 679s
do do pref. IS lU. P. d. & g..
Del. q Hudson. 96 wabash .......... SIS
Del, L. & w. IA do pref ... 225s
Den. & R. Gu. 157sIWheeL & L. E. 31a
do pref. ....... 6i4l do do pref. 1915
Enc new. ..... 1925 Adams Elk. .109
do LIST pref. 3512 American Elk .14O
FIT Wayne ......14 United States -. Al
Ct. Nor. pref. .159 Wells Fargo 80. 125
Hooking Val. 3AlA. Cot. Oil...... 33A
illinois Cent I'LL do pref. ....... S594
L. Erie & w.. HA Amin Spirits 49, 1l54
do do pref. 6413I do pref. ........ 35
Lake Shore .l93 Am. Tobacco ..13S
LOUIS q NASH. bO12I DO pref ........lM
Manhattan l. =. 949s Cons. Gas 1856
Met. St. Ry. ....1741a Com. Gable Co. IT'S
Mich. Cent. lies Col. F. & Iron. 221a
MINI. u st. L.. 2S do do pref...... II
do do LIST pref. "a Gen. Electric go 50 \
Mo Pacific ..... 1854 Haw. Com. Co.. 46
Mobile & Ohio. 27l3. Illinois Steel ....104
No * & t.. 11hInt'n1 Paper m 611a
do pref. S4A do pref. ........ 9l1R
N. J. Central. -. S71aLa Clede Gas As
N. Y. Central. .1171R Lead ....... 35K
N. Y. c. & St.L. 10 do pref. .......112
do do 1st pref. II MINI. Iron 13S
do do I'd pref. 1874 Nat. Lin. OIL. 81
Nor & West.... IA Pacific Mail 49,. 1872
No. Amer. Co.. 67s Peoples Gas 1093s
No. Pacific ...... S9BPullman Pal. -. 1884
do pref. ....... 75lsSil Certificates . coz
Ontario & w. >. 151aS. r. & T.. 6%
Ore. r. & Nav. 50 Sugar ......... .122ss
Ore. Short Line. 20 do pref .......1111b
Pac. Coast 1st T. c. e Iron.. 30ls
pref. ........... 80 ~. S. LEATHER. 6Is
do End pref. SO do pref ........ 6eM
Pittsburg .......172 u. s. Rubber. Az
Reading 1913 do pref ....... 1919
10 list pref. 397s West. Union 49,. 93ib
r. G. W.."..... q Fed. Steel ...... Slss
do pref. nm. 60 do pref. ........ 74A
Bonds.
us. new As, reg. 12714l do IS .......1O3
Il