The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-12-01

Central of Georgia railway third
preferred incomes, AZ bid 81 asked;
| Georgia Railroad Is. 1870 ll5 bid. liz ask ed.
| Charlotte, Columbia and Augusta first IS,
log bid i07 asked; Charlotte Columbia ard
Augusta second mortgage Is, III bid us
| asked; Georgia Southern and Florida new
os, lC9 bid, 10 asked; South Georgia and
Florida first mortgage Is. leo Did, l0l
asked; South Georgia and Florida second
mortgage Is, 100 bid. 1Ol asked: Ocean
steamship per cent bonds. 1926 1919 bid,
JOS asked; City and Suburban Railroad
hrst mortgage Z per cent bonds, 100 bid,
lO2 asked; Alabama Midland per cent, in
dorsed 80 bid, 81 asked: Brunswick and
western is. % bid, rs asked; South Bound
Railway 5s. 81 bid, 80 asked; Georgia and
Alabama first preferred SIS, los bid, lOi ask
ed; Georgia and Alabama cons. IS, 99ik bid
loo asked; Eatonton branch 92 bid, 90
asked Central of Georgia. Middle Georgia
ana Atlantic division 5s, 9lla bid, 93i6 asked
Railroad Stocks-Aususta and Savan-
nam lo2 bid, lO2lA asked; Southwestern,
lO2 bid, 1929 asked; Atlanta and West
Point stock, 10 bid. il2 asked Atlanta and
West Point per cent certificates, 10i
pid, 100 asked; Georgia common, 1N bid,
1893 asked
Gas Stocks-savannah Gas Light stock
2S1a BID, "a asked; Electric Light and
Power Company, 90 bid, Y asked.
Bank Stocks, Etc.-Citizens Bank 1lOh
BID, III asked Chatham Bank, AN bid
4Sh asked; Germania Bank, 110i5 bid, 11lh
asked National Bank of Savannah. l26
bid, 1T asked; Merchants National Bank.
S312 bid, ala asked Oglethorpe Savings and
Trust Company, 1912 bid lO5la asked south
ern Bank of the State OF Georgia, 1870 bid.
lSl asked; Savannah Bank and Trust Com
pany, 104 bid. 1906 asked; Chatham Real
Estate and Improvement Company, A. 5512
bid, So asked; y, So bid, 551a asked; Peo-
pies Savings and Loan Company, 90 bid,
81 asked
Factory Bonds-Augusta Factory, 105
bid, l06 asked Sb,ey Manufacturing Com
pany 6s 100 bid, l02 asked; Eagle and Phe-
nix Mills 6 per cent bonds, due 1928, 10lM
bid. 1903 asked.
Factory Stocks-Augusta Factory s.
bid, G5 asked; Graniteyille Factory, 40 bid,
li5 asked; Langley Factory, 100 bid, 101
asked, Enterprise Factory, common. 80
bid. "a asked; J. r. King Manufacturing
Company, 100 bid. 10i asked; Slbley Man
ufacturing Company, 20 bid, 76 asked; Sa-
vannah Brewing Company, l0l bid, 1903
asked.
New York, Nov. sO-Money on call was
steady at 2Gf21a per cent; the last loan was
at per cent. Prime mercantile paper,
3hQ4h per cent Sterling exchange, firm
with actual business IN bankers bills at
%S4h@4S415 for demand and al $i,Sli81
4.Sl% for 60 days Posted rates, A.S21a0
4.S3 and $4.S5ihGl4. Sc. Commercial bills,
S4.S0ls. Silver certificates. 60l@Q6llsc. Bar
silver 599sc Mexican dollars 46lsc. Gov
| ernment bonds were hrmer; state bonds
| We're steady; railroad bonds were irregu-
| lar.
New York. Nov. SO.-The market for
| stocks In Wan street hinged very largely
to-day on the financial situation abroad
! Berlin was again evidently The source Of
I 4 1. H.. afr
urgent needs resulted in the sympathetic
hardening OF rates for money at London
and Paris, call money at London rising
to per cent The price Of god bars rose
an additional fraction In LONDON, but gold
to the amount Of $3G04 900 was Withdrawn
from the Bank OF Eng ard OF this amount
| a,0C0,OO0 was shipped 10 the United States,
and probably the rest went TO Germany.
The engagement for the United States was
The outcome of recent tendency towards
lower rates for money al foreign centers,
which left so narrow a margin OF profits
on the Withholding Of the exchange which
Is constantly accommodating az New York,
as a result of the continued heavy exports
of merchandise, that the movement Of gold
| is necessary 10 meet the Obligations. The
rise in the money rate in London yester-
day again effected a margn of profits on
| loans made abroad, and the result was
/
| York rejecting a renewed demand for In
vestment in storl.ngs which win necessari-
| ~ put an end TO the gold movement for
! The present. The effect of the tightening
money markets abroad was 10 throw a
| burden Of liquida ton on the local stock
market, the international stocks showing
greatest weakness. In view of the largo
German holdings OF Northern Pacific. ii
was natural that this stock should be
most affected. The later strength in the
market radated from Union Pacific Su-
gar's strength was due to the rumors of
! consolidation with the glucose, company
Rubber stocks made the usual response TO
| the prevailing gum shoe weather. General
| Electric advanced on belief OF a pending
disbursement of accumulated dividends on
| the preferred stock. The rise in Manhat-
tan was unexplained. The declines were
largely recovered, but the days net
changes were decidedly mixed
The bond market was irregular in sym
pathy with the stocks, but business was
fairly large ard well distributed. Total
J sales, S,375000. United States 2s advanced
| u in the bid price.
The total sales were 4237OO shares. in
GLIDING Atch.son preferred, 80, 800; Central
Pacific, $780, Hooking Valley. 7,7i5; Bur
ington, s,006; Louisville and Nashville, 49,
$685. Manhattan, 20,620; Metropolitan. $3.50:
Missouri Pacific 7.74l; Northern Pacific.
1850; Rock Island, 6T2; St Louis and
| San Francisco, 1880; ST, Paul, 1925;
Southern Railway preferred, 6O09; Union
Pacific preferred. 1905; American Tobac-
! co. 1916; Peoples Gas, 6705; General Elec-
trio, 64e5; National Linseed Oil, $3.50; su-
| gar, 42440; Rubber, 1926; Chicago Great
| Western, 5185.
New York Closing Stocks.
Atchison ........ l6 do pref ....... g.
| do pref ...... Asa Rock Island %. .1O71hl
Bait & Ohio 57Si st. l.. & 5. f. =. SKI
Can. Pacific Siss do do pref. .. 67&4
| Can. SO. ........ 54k do do I'd do go. 3ll4
Cent. Pae. ...... 20h ST. L. & s. W.. 55s
| Ches. Ohio :. 231s do do pref. .... IA
Chi. & Alton ....162 st. Paul .........114Ih
| Chi b. & Q.....1i9h do pref. ann. 1924
Chi & Z. Ill. e. SO 81. p. & ON. 80. IS
do pref. .......1l0 do do pref. ..164
! Chi. q. w. ...... 147s st. p. NJ e. NJ. III
| Chi. Ind. & L." 81 So. Pacific .... q
do do pref. 81. 3iA So. Railway 49,. 1913
| Chi e. N W139 do pref - 4OaL