The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-02-04


7 bid, "a asked; Georgia Railroad 6s, 1910.
113 bid, 1l41s asked; Charlotte Columbia
and Augusta first 5s, 10 bid, III asked;
Charlotte. Columbia and Augusta second
mortgage Is, 11S bid, 100 asked; Georgia
Southern and Florida new 5s. 101 bid; 1902
asked; South Georgia and Florida first
mortgage rs, 1929 bid, 103Ih asked; South
Georgia and Florida second mortgage Is,
1903 bid los asked; Ocean Steamship per
cent. bonds. 1926 1862 bid, 1861 asked; City
& Suburban Railroad first mortgage per
cent. bonds, 81 bid, asked; Alabama
Midland per cent. Endorsed. 30 bid. 81
asked; Brunswick and Western As rs bid
77lh asked; South Bound Railway 5s. 70 bid.
70 asked; Georgia and Alabama first pre-
ferred IS, 102 bid, 103 asked; Georgia and
Alabama cons, SIS, 81 bid, SO asked Eaton
ton Branch. 81 bid. 1914 asked; Central of
Georgia, Middle Georgia and Atlantic Di-
vision IS, S11z bid, S4s4 asked.
Railroad Stocks-Augusta and Savannah.
1872 bid, 9iia asked; Georgia common 179
bid, $50 asked; Southwestern, 80 bid "a
asked; Atlanta and West Point stock 1919
bid, 102 asked; Atlanta and West Point
per cent. certificates, 101ls bid. 1929 asked;
Savannah Construction Company, 70 bid,
rs asked
Gas stocks-savannah Gas Light stock,
% bid, "a asked Electric Light
and Power Company. 70 bid n asked
Bank Stocks, Etc.-Citizens Bank. ITO
Do, llV12 dSheus 0ndtndm Bank,
4S bid. 4Si5 asked; Germania Bank, los
bid. 109 asked; National Bank of Savan-
nah. l25 bid 126 asked Merchants National
Bank 81 bid, S. asked; Oglethorpe Saw
ings and Trust Company. 1O4 bid, l05
asked; Southern Bank OF the State of
vannah Bank and Trust Company, 1o2
bid. 1924 asked; Chatham Real Estate and
Improvement Company, A. S. bid 50
asked; B, SAY bid So asked; Peoples Saw
ings and Loan Company. 80 bid. 80 asked.
Factory Bonds-Augusta Factory 6s, 101
bid, 102 asked; Enterprise Factory 6s, 100
bid, 10l asked; Eagle and Phoenix Manu-
featuring Company per cent. bonds, -
bid, 40 asked; Sibley Manufacturing Com
pany IS, 101 bid. 1902 asked.
Factory Stocks-Augusta Factory so
bid. SO asked; Graniteville Factory. 145 bid,
Isl asked; Langley Factory, 104 bid, 105h
asked; Enterprise Factory. common, SO
bid, 96 asked; ]. r. King Manufacturing
Company. 104 bid, 105 asked; Sbley Manu-
featuring Company. 20 bid, 76 asked; sa-
vannah Brewing Company, IS Kid, 50 ask
ed.
New York, Feb. 3.-Money on call was
easy at 1l2Q1A per cent; the last loan
was at ~ per cent. Prime mercantile pa
per, Sd4 per cent. Sterling exchange firm
with actual business in bankers bills at
&.S5G4s5Is for demand and at S4.82Ad4. S27s
for 60 days Posted rates. $.S31a and S4.S6.
Commercial bills. $4S2. Silver certificates,
56AQJ7Ac. Bar silver, 563sc. Mexican dol
lars, sac. Government bonds strong. State
bonds dun. Railroad bonds strong.
New York, Feb. 3.-The Evening Posts
London financial cablegram says: THE
stock markets were irregular to dull to-
day, the reaction being most marked in all
stocks directly by Klondike influences.
There was a sharp fall in Grand Trunk,
good traffic returns being offset by re-
port of pending rupture with the Ca
madam Pacific. Foreign stocks were good
on Paris buying and mines were better
for the same reason. The general feel
ing at the moment is to secure profit on
Americans, but there is a firm undertone."
New York, Feb. 3.-The strength of to-
days stock market was confined to spots
and the general tendency toward a lower
plane on realizing sales. Pressure by the
bear traders was marked and the outside
support afforded by buying orders through
commission houses was considerably less.
There was strong tone in a few indi-
vidual stocks and advances In others were
brought about by manipulation. London
also bought some securities here. All
! causes combined, however, did not avail
to maintain prices in the general list and
the average level of the market sagged TO
a lower basis.
The most conspicuous movement of the
day was in Great Northern preferred
which added IL more points to It's recent
upward course, making it's gain thus far
for the week 26 points. The supply of this
stock in the street, at any time Is ex-
ceedingly light and urgent demand for
even small volume raises the price very
quickly. The methods of operation on this
road and its financial relations to its SUD
sidiary companies makes the stock at
tractive at any time on the general pos
sibility of readjustments Of relations and
the advance this week gives strong ground
ciYNer hnf 10
are shaping into concrete form. There
was nothing in the news of the day 10
| warrant statement as to what that con
| crete form may be. Over 5000 shares
changed hands during the day
Baltimore and Ohio also showed contin.
ued strength, grounded on vague rumors
! of the approaching completion of the re-
| organization plan for which there was no
| authentic warrant Norfolk and Western
! preferred advanced over a point at one
time on the strength of yesterdays / per
| cent dividend declaration. the buying of
| stock for London account being particu-
| larly good. Almost all of the gain was lost
in late reaction,
The Coalers were favorably affected as
| group by the prevailing cold weather.
| but they failed 10 hold their gain. Rub
Der preferred enjoyed an advantage from
the current demand for overshoes created
| by the storm The Vanderbiis were
| strong at times, Michigan Central being
brought into the talk of consolidation.
| Sugar also ruled above yesterdays clos
ing price. Other exceptions to the pre-.
| vailing weakness might be named but
they were not conspicuous and none held
all their advance. Union Pacific preferred
was very largely dealt in and rose sharp-
| ly over last nights close. but fell below
before the close. The activity Of the mar
ket showed falling off from the recently
! prevailing average.
The active interest i'm the bond market
was much better sustained than In stocks
and prices were better held, the genera
level being higher and some sharp gains
being scored. The total sales were IS 6l0
OOe Government bonds were strong an
around. United States 2s advanced u. The
new IS. the new IS and the old As Regular
4 and the old As, coupon, Il bid
The total sales of stocks to-day were 900
600 shares including Baltimore and Ohio
ESQ; Chesapeake and Ohio, 1851: Great
Northern preferred. 3.t4S: Louisville and
Nashville, 1897; Manhattan, 12225; Michi.
gan Central, 400; Hawaii s.7S5; Readine
preferred, 9,S79; Missouri Pacific. : S70'
New Jersey Central, 1929; New York Cen.
trial, 4oSS; North American. 5000; North
ern Pacific, $500; preferred, 1S.41O: Read
ing $500: St Paul 9ogs TTpfoo p,a.a -