The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-11-08

H4u' ~ dSkeu' central or Georgia Rail-
way first preferred incomes, So bid, 81
asked Central of Georgia Railway second
preferred incomes IL bid, II asked;
Central OF Georgia Railway third
preferred incomes 4% bid, 5lA asked;
Georgia Railroad 6s 1910, 1l5 bid III asked;
Charlotte Columbia and Augusta first 5s
'lO6 bid lV asked; Charlotte, Columbia and
Augusta second mortgage Is. III bid, 1lS
asked; Georgia Southern and Florida new
5s 1855 bid lO7 asked; South Georgia and
Florida hrst mortgage Is. 1929 bid, iO2h
asked; South Georgia and Florida second
mortgage Is, 1929 bid, 1885 asked: Ocean
steamship per cent. bonds, 1925, 1919 bid
1851 asked; City ana Suburban Railroad
first mortgage 6 per cent. bonds 100 bid,
l02 asked; Alabama Midland per cent, in
dorsed, 20 bid, 81 asked; Brunswick and
Western As, 7S bid, % asked; South Bound
Railway Is, 81 bid, SO asked; Georgia and
Alabama first preferred js, 1903 bid. l0i ask
ed; Georgia and Alabama cons 5s, 80 bids
81 asked; Eatonton branch 80 bid ~ asked;
Central of Georgia, Middle Georgia aud
Atlantic division 5s, "a bid, So asked.
Railroad Stocks-Augusta and Savan-
nah, 100 bid, 101 asked; Southwestern
100 bid, 101 asked: Atlanta and West
Point stock, 10 bid, i12 asked; Atlanta and
West Point per cent. certificates, 1903
bid. 10l asked; Georgia common, 1886 bid
19S asked.
Gas Stocks-Savannah Gas Light stock
% bid, % asked; Electric Light and Power
Company 7lla bid, 75l5 asked
Bank Stocks. Etc.-Citizens Bank. 110h
bid, III asked; Chatham Bank. a bid
4S asked; Germanta Bank, 1l0ia bid. 1l1is
asked; National Bank Of savannah 1876
bid, l27 asked; Merchants National Bank
81 bid, So asked; Oglethorpe Savings and
Trust Company. 105 bid 1O7 asked; South
ern Bank Of the State of Georgia, 1870 bid
l31 asked; Savannah Bank and Trust Com
pany, l03 bid, 10i asked: Chatham Real
Estate and Improvement Company A. 55la
bid, 56 asked; b, SO bid, 551a asked; Peo-
pies Savings and Loan Company, 92A bid,
93l5 asked.
Factory Bonds-Augusta Factory, 105
bid, 1906 asked; Sibey Manufacturing Com
pany 6s 100 bid. 1902 asked; Eagle and Phe-
nix Mills per cent. bonds, due 1923, 101
bid, 1902 asked.
Factory Stocks-Augusta Factory, IS
bid, 60 asked; Graniteville Factory, 40 bid
145 asked; Langley Factory 100 bid, 1Ol
asked Enterprise Factory, common, 30
bid, "a asked; j. r. King Manufacturing
Company, 100 bid. 101 asked; Sibley Man
ufacturng Company. 20 bid rs asked; Sa-
vannah Brewing Company. l0l bid, 103 ask
ed.
New York, Nov. Money on call was
steady at lAM2 per cent; the last loan
was at per cent Prime mercantile pa
per, Sh@4A per cent. Sterling exchange
steady, with actual business in bankers
bills az $i.S5d4S6 for demand, and at
$4.S S22i for sixty days Poste rates
A.S3q4S31s, and A.S614q4.S7. Commercial
bills, $4.S1lAd4S2. Silver certificates, 60JbGD
6lhc Bar silver, 60s4c Mexican dollars,
47i4c. Government bonds were strong;
state bonds were strong; railroad bonds
were strong.
New York, Nov. THE days stock
market undoubtedly reflected the convic-
ton Of operators In securities that with
election uncertainties out Of the way the
strong conditions Of the countrys indus
tries will have their effect, and prices
will advance This conviction so far as
II found reflection in the market, was al
most purely professional one, for the
outside interest, as shown by orders
through commission houses, was very
small
Trading proceeded in very desultory
manner during the early hours Of the day.
although the selling for foreign accounts
which was fairly liberal was well absorb
ed and prices Of the International stocks
firmly sustained.
Southern Railway preferred was con-
spicuous example Bot as the day wore
on the market gained both in activity
and strength, and embraced an Increasing
list Of stocks The contemplation of The
very heavy volume Of bank exchanges
and the enormous export business in cere-
ais. had their influence on the bullish ten
dency, as did the continued favorable re-
port OF railroad earnings especially from
the South and West.
Handsome increases in earnings were
also shown by Southern Railway, North
ern Pacific and Great Northern preferred
the latter showing $3S59n more earned
for October than last year The stocks
wi oh arr ha y, til.
favorites In the heavy bond business to-
day felt the advantage Of that movement
Atchison preferred advancing over a point
Tobacco showed the largest activity, and
gained over 2 points There were deal
ings in odd lots OF quite a number OF
high grade stocks. But The most conspic-
Uous movement OF the day was in bonds
In this departure there was enormous abb
sorption of the bonds issued for the piM
pose Of reorganization Of the various com
panies, and running from fifty to one hun
dred years. OF these the per cents were
the favortes and the Atchlson issues were
easily the leaders, gaining / per cent In
the price on very large demand There
were indy dual blocks OF this bond sold
OF par value Of $4,000. si05. 600 and two
of 100000. The Union Pacific as were
less prominent, but still active, as were
Northern Pacific prior liens As and Nor
folk ana Western The Eric prior liens
and the Reading As, which might be
placed in the same class, were heavy.
Marked strength and activity was shown
also by the new Baltimore and Ohio as
when issued, and also by the 31ks Deal
ings In Southern consol sc continued very
large. There was a good demand, as well
for many other bonds of the middle grade
extending IN some cases to the purely
speculative issues. Total sales. s. 100 600
u. S. new As, coupon and the 2's ad-
vanced a. and the old as the new as reg
istered and the SIS, u IN the bld prices.
The total sales Of stocks 2S8 400 shares
including 2S063 Atchison preferred. 1880
Chicago Burlington and Quincy. GAO
Louisville and Nashville, 9,o5g Mctropoli-
tan, 5l& Manhattan, 1926 Northern Pa
cifc, 2O624 st. Paul, 500 Southern pre-
ferred, S55 American Tobacco, 15,445 Bay
State Gas, $3.50 Federal Steel. l3.216 do
preferred, 22,0i9 Sugar.
New York Closing Stocks.
Atchison ........ 13 st. l.. & S. F.. az