The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-09-17

marks, sixty days. 1919.
Domestic xchange-Steady; banks are
buying at u per cent. discount and sell
ing as follows: Amounts up TO $25 10 cents;
S25 to $50, Is cents; $50 10 500, 20 cents; 500
or over at par.
Securities-Iuactive. Desirable securities
are difficult to obtain and yet the demand
is yet good investments, readily taken at
quotations.
Stocks and Bonds-State Bonds-Geor-
gia 315 per cent bonds of 1890 107 bid, 1881,
asked; Georgia 49, per cent. due 1915, 1O5
bid, 1Oe asked; Georgia AZ per cent. bonds.
1916 1872 bid, 40 asked; Georgia 4 per
cent, due 1920, ia bid, lis asked; South
Carolina 41as, Ill bid, 112 asked
City Bonds-Atlanta, Az per cent 1928 JOG
bid, - asked; Augusta AIS, 1925, 107 bid, 10S
asked; Augusta z per cent, 10 bid. Ill
asked; Augusta per cent. Ill bid, 113
asked; Columbus per cent 1O5 bid, LOG
asked; Macon per cent, lis bid. 116 ask
ed; Macon 4as, 1926 los bid, 106 asked;
Savannah per cent, quarterly October
coupons, 11l1a bid, liz asked; Savannah
per cent. quarterly November coupons,
111h bid, 112 asked; Charleston As, 30
bid SO asked.
Railroad f}onds-Savannah Florida and
Western Railroad general mortgage bonds.
6 per cent interest coupons. 1l8 bid. 119
asked; Savannah Florida and Western
first mortgage 5 per cent, gold bonds, due
1924. 1O6 bid, 107 asked; Central Railroad
and Banking Company collateral 5s, 81
bid. go asked; Central of Georgia Rail-
road first mortgage IS, .5O-year gold bonds
115 bid 116 asked; Central of Georgia Rail
way first consolidated mortgage bs. 20
bid. 80 asked Central of Georgia Rail-
way first preferred incomes, 40 bid Al
asked; Central of Georgia Railway second
preferred incomes, l3 bid, IA asked.
Central of Georgia Railway third
preferred incomes, bid, 615 asked;
Georgia Railroad IS, 1910, 113 bid. ia asked.
charlotte, Columbia and Augusta first 5s
los bid. 1Oe asked; Charlotte, Columbia and
Augusta second mortgage Is, III .bidg no
aslfed. Georgia Southern and Florida nan,
Is 1861 bid. 1862 asked; South Georgia ana
FLORIDA first mortgage Is, 1O21k bid. 1O9II
ostrad. South Georgia and Florida secon5
Steamship per cent bonds, 1926. 105 hid
los asked; City and Suburban Railroad
fret mortgage per cent. bonds 100 bid
100 asked: Alabama Midland per cent in
doreed. 80 bid, 81 asked Brunswick ana
Western As, z bid, 70 asked; South
Bound Railway 5s, 81 DID, - asked; Geor-
f,;a and Alabama first preferred SIS. 1O3 bld
104 asked; Georgia and Alabama cons Is
so hid. 81 asked; Eatonton branch 90 hid
al asked: Central of Georgia, Middle Ceor-
Ella. and Atlantic division IS, 81 bid "a
asked.
Railroad Stocks-Augusta and savan-
nah g91b bid 9915 asked; Southwestern 98ih
hid 99i5 asked Atlanta and West Point
stock. los bid, 107 asked; Atlanta and West
Point per cent certificates 1Of bid 1O5
asked: Georgia common, 1872 bid, 1893 asked:
Savannah Construction Company. SO bid
81 asked.
Gas stocks-savannah Gas Light stock,
III bid, % asked; Electric Light and
Power Company, 70 bid. Is asked
Efc-C,itiZepS Inn
hid III asked; Chatham Bank, 49, bid. 49,
asked; Germania Bank, 1101A bid, liz
asked; National Bank of Savannah. 125
hid. 1876 asked; Merchants National Bank
SO bid, 8415 asked; Oglethorpe Savings
and Trust Company, 1915 bid 107 asked.
Southern Bank of the State of Georgia,
1870 bid, 1872 asked; Savannah Bank and
Trust Company 1O2 bid 103 asked; Chat
ham Real Estate and Improvement Com
pany. A, 55h bid, Sc asked; B, IS bid 551s
asked; Peoples Savings and Loan Compa-
ny, 80 bid, SO asked eX-div.
Factory Bonds-Augusta Factory 105
bid, 1O6 asked Sibley Manufacturing Com
pany 6s, 100 bid, 102 asked.
Factory Stocks-Augusta Factory IS bid
65 asked; Graniteville Factory, 40 bid, 145
asked Langley Factory 100 bid, 10l ask
ed; Enterprise Factory, common. 80 bid.
81 asked; ]. r. King Manufacturing Com
pany 100 bid 101 asked; Sibley Manufac-
nan Brewing Comnany. 80 hid. 1O1 asked.
New York, Sept. 16.-Money ON call was
at 31205 per cent; the last loan was
al AZ per cent. Prime mercantile paper,
4Q5 per cent. Sterling exchange weak,
with actual business in bankers bills at
S4.83340484 for demand and at $48%G
4.S2 for sixty days. The posted rates were
S4.S3d4. S3lk and $4.S5m4851s. Commercial
bills, $.8W4S1H. Silver certificates 60izc.
cilVar e03Lp hayiqan dollars ATtLa
Government bonds strong.
New York, Sept 16.-There was a re-
crudescenee of fears of a squeeze IN the
money market to-day This had the eff
feet or bringing the morning advance in
the prices of stocks to a standstll. The
dizziness that followed invited opera lions
by the bears They centered their attacks
on sugar, which was but feebly supported
at any time during the day, though there
were one or two sharp rallies ON cover
ing of shorts. They effected an extreme
decline of or points in this stock, and
worked a reaction in the whole list, earl
Ter advances being entirely wiped out with
a few exceptions. The decline did not
bring any very heavy offerings and was eff
fected on light transactions for most
stocks.
There was proht-taking by room trad
ers, but no resumption of the urgent
liquidation which was Characteristic Of
the market earlier ia the week. Active
support was withdrawn, however, and
manipulation to advance prices was aba1-
doned for the time being. The earlier
part OF the day saw a very active mar
ket and some sharp advances, the Pacifics
and the Industrials maintaining their
leadership. Tobacco made a new high
record at 1521zc The grangers were In good
demand but there was no apparent effort
to advance prices
~ T..
call loans at the board to-day, but the ap-
prehension Of stock operators was rather
OF the sentimental effect of a probable