The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-12-21

asked; Central of Georgia Railway first
preferred incomes. 40 bid, Al asked;
Central of Georgia Railway second pre-
ferred incomes 1879 bid, 14I4 asked; Central
Of Georgia Railway third preferred in
comes, bid, asked; Georgia Railroad
6s 1910. lis bid. III asked; Charlotte, Co
lumbia and Augusta first. IS, 106 bid 107
asked; Charlotte, Columbia and Augusta
second mortgage Is, III bid, rs asked;
Georgia Southern and Florida new SIS. I09i5
bid, 1l01z asked; South Georgia and Florida
first mortgage Is, 100 bid, 10f asked South
Georgia and Florida second mortgage IS.
100 bid, 101 asked; Ocean Steamship per
cent. bonds, 1926, 105 bid, los asked; City
and Suburban Railroad first mortgage 7
per cent. bonds. 100 bid, 102 asked A
pama Midland per cent, Endorsed, 80 bid.
"a asked; Brunswick and Western As. 50
bid, - asked; South Bound Railway 5s.
IS bid, 80 asked; Georgia and Alabama
hrst preferred 5s, 1O6 bid, 10715 asked: Geor
gia and Alabama cons. 5s, 10l bid. 1O2
asked; Eatonton branch "a bid, 80 asked.
Central of Georgia, Middle Georgia and
Atlantic division 5s sc bid. 81 asked.
Railroad Stocks-Augusta and Savau-
nan, Jos bid, 106 asked Southwestern. 1903
pa lO4 asked. ex-dv; Atlanta Sand West
Point stock, 10 bid, 112 asked Atlanta and
West Point per cent. certificates 10l
bid, lO2 asked, ex-int; Georgia common,
1877 bid, 200 asked.
Gas Stocks-Savannah Gas Light stock.
"A bid, % asked; Electric Light and
Power Company, Y bid 73 asked ex-iiV
Bank Stocks, Etc.-Citizens Bank. los
bid, 1O9 asked; eX-div. Chatham Bank. 47a4
bid, 4SA asked Germania Bank, 11OI5 bid
nl12 asked; National Bank of Savannah 126
bid, 127 asked; Merchants National Bank
S3l2 bid 41s asked; Oglethorpe Savings and
Trust Company, 102 bid, 1903 asked; ex-div
Southern Bank of the State of Georgia 1870
bid, 131 asked; Savannah Bank and Trust
Company, JOB bid, 1O4 asked; ex-div. Chat
ham Real Estate and Improvement Com
pany. A, 551s bid, Sc asked; B, So bid, 5515
asked; Peoples Savings and Loan Com
pany 921a bid. SO asked
Factory Bonds-Augusta Factory, 1O5
bid, 106 asked Sibley Manufacturing Com
pany Is. 100 bid, 1O2 asked; Eagle and Phe-
nix Mills per cent. bonds, due 1928, 10lA
bid, 1O3 asked
Factory Stocks-Augusta Factory, So
bid, 65 asked; Graniteville Factory 40 bid.
145 asked; Langley Factory, 100 bid, 1O1
asked; Enterprise Factory, common. 80
bid, "a asked; J. r. King Manufacturing
Company, 100 bid 10l asked; Sibley Manu-
featuring Company, 70 bid. 76 asked; Sa-
vannah Brewing Company, 101 bid, 103
asked.
New York, Dec. 2O-Money on cali
loan was at 215; prime mercantile paper,
3gSA per cent. Sterling exchange firmer,
with actual business in bankers bills a
$4.S4%Q4S5 for demand and at $4S1A94.S 50
for 60 days; posted rates, $4.S21aG4S515.
Commercial bills, $4SO15G4S1A. Silver Ger
tifcates, 5911d6012c. Bar silver, $3.50; Mex
lean dollars, 465sc. Government bonds,
strong; state bonds, quiet; railroad bonds,
irregular.
New York, Dec. 20-The directors of the
Southern Railway Company to-day de
ciared dividend of per cent. on the pre-
ferred stocks.
New York, Dec. 2O-The market after
an irregular course, left off strong at the
best with gains ranging from 2q4 points
in some of the specialteS, while the bet
terment in standard shares was fractional.
The market lacked a decided tone al the
opening in sympathy with irreguarity of
Americans in London, where there was ev-
idence of some scattering sales. Chicago
and Alton Biscuit preferred, and Tonnes
see Coal and Iron were among the first
stocks TO display strength Missouri Pa
cific, Federal Steel and Sugar in success
sion began to rise and tended to check
an otherwise weak market. Union Pa
cities, ia common with the other inter-
national stocks, suffered somewhat for a
term on the realizing sales from abroad.
After l o'clock traders gradually took
the long side. Sugar was boosted up on
the shorts and on large transactions rose
nearly points. Favorable weekly earn
ings were responsible for rise in South
ern Railway preferred. A very strong
movement in the late trading in the Atch-
ison issues was transferred to Federal
Steel and Baltimore and Ohio and grad
ually helped the whole list. Interests
identified with the trade were large pur-
chasers of Federal Steel, while the pur-
chases of Atchison were made in the hope
of some favorable action at to-morrow's
directors meeting.
The expectation of an early announce
ment of Central Pacific reorganization
plan was responsible for a rise in that
stock of about points. Manipula-
tive orders helped in marking up Ameri-
can Steel and Wire. While the transact
lions of the day were not up TO the re-
cent tremendous volume of business, the
greater amount of activity for the day
developed in the closing hours while the
market was moving upward. Call money,
which for some time has been ruling from
2 to 215, was bid up to AZ per cent, which
was paid for a small loan in the last half
hour and directly afterward there was a
good sized loan at per cent, but the
furry was quickly ended by large amounts
of money offered and the rate dropped to
21h per cent. the closing price. This in
cident had no effect on the market, which
continued to rise sharply.
Transactions in bonds showed marked
contraction in dealings and speculation
was very erratic. Total sales 1880, COO.
United States new As. registered, advanc-
ed a. the coupon 4, and the 3s and old
As coupon * in the bid price.
The total sales of stocks were 61O,500
shares, including 1880 Atchison; 5000 do
preferred; 4.42O Central Pacific; $3.50 Lake
Erie and Western $3.50 do preferred; 8, 100
Louisville and Nashville; 1905 Minnesota
and st. LOUIS: 1920 Missouri Pacific; 6.4OO
Northern Pacific; 1890 Union Pacific;
$500 st. Paul; 14,6l5; Southern Pacific; 5000
Southern Railway; 1920 do preferred;
5.13O Texas and Pacific; $3.50 Upion Pacific
preferred; 1890 Federal Steel; 1880 do
preferred; 6,42O Peoples Gas; 5,72O Colo
RADIO, Fuel and Iron; 6,565 Pacific Mail;
10000 Sugar; 1895; Tennessee Coal and
Iron; 5,215 Chicago Great Western.
New York Closing Stocks.
Atchison ....... 19hIRock Island ..1097s
do pref. ...... 5i7s.St. J.. & s. F. 81