The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-09-20

Railway IS. so bid. s2lA asked; Georgia and
Alabama first preferred IS. 1903 bid. 104 ask
ed; Georgia and Alabama cons. 5s 80 bid
81 asked: Eatonton branch, 80 BID lasked.
Central of Georgia Middle Georgia and
Atlantic division SIS, 50 bid, 81 asked.
Railroad Stocks Augusta and Savan-
nah. 9Sla bid 99la asked Southwestern. ssh
bid, 99ia asked; Atlanta and West Point
stock, 106 bid, 107 asked; Atlanta and West
Point per cent. certificates, 104 bid, 1906
asked; Georgia common, 1872 bid, 1893 asked
Savannah Construction Company, 80 bid,
81 asked
Gas stocks-savannah Gas Light stock
22A bid, % asked Electric Light and Pow
er Company. 70 bid, IS asked.
Bank Stocks, Etc.-Cltizens Bank. 1l0A
bid, Ill asked; Chatham Bank, 4Sla bid
49la asked; Germania Bank, 110la bid, 1llla
asked; National Bank of Savannah, l25
bid, 1876 asked Merchants National Bank
50 bid, sil9 asked; Oglethorpe Savings
and Trust Company, 105 bid, 1O7 asked:
Southern Bank of the State of Georgia.
$50 bid, 1872 asked; Savannah Bank and
Trust Company, lO2 bid 1903 asked Chat
ham Real Estate and Improvement Com
pany, A, 55la bid, Sc asked; b. IS bid, 55la
asked; Peoples Savings and Loan Compa-
ny. 80 bid SO asked.
Factory Bonds Augusta Factory, 105
bid, l06 asked; Sibley Manufacturing Com
Factory Stocks-Augusta Factory. So
bid. 65 asked; Granteville Factory. 14o bid.
l4b asked; Langley Factory, 100 bid, 10l
asked Enterprise Factory common 90
bid, 81 asked j. r. King Manufacturing
Company, 100 bid, 10l asked; Sibley Manu-
featuring Company. 70 bid. rs asked; sa-
vannah Brewing Company, 80 bid. 10l
asked.
New York, Sept. 10, 3 p. m.-Money on
call was Arm at 4dili per cent; the last
loan was at per cent; prime mercantile
paper, 4a5 per cent. Sterling exchange
steady with actual business In bankers
bills, at A.S3A@4& for demand and at
ASl%q4S2 for sixty days; posted rates,
A.S3q4SS1h and aS56l4. S51s; commercial
bills, &.sl. Silver certificates. 60ba6ilbc;
bar silver, 6O7sc; Mexican dollars, 479sc.
Government bonds were steady
New York, Sept, 19.-'The market start
ed off this morning as though Il had
shaken off the incubus of the recent tight
money scare but the marked weakness Of
Sugar, which made up two-fifths of the
total transactions, unsettled the tone
early and carried prices below Saturdays
level. The decline was quite steady ana
general for the remainder of the day
Evidently last weeks sharp recovery was
the result of extensive covering of short
lines by spectators. 1t is more and moro
evident that the late apprehension over a
The problem Of to-day's Spectator ds
whether the reaction has carried prices
below their value or whether conditions
have so far changed as 10 have increased
their value
The monthly report of the treasury bu-
reau of statistics just issued throws light
on the money question. The amount Of
circulation. after deductlng sums in the
treasury on Aug. !, was $l62 ,727, 205 greater
than one year before. Saturdays treas
ury statement showed that the cash bal
ance I'm the treasury had increa sed since
that time little over $3.50 600 This
would leave an increase in the circulation
for the year Of about 100000 600. not count
ing the imports of gold and the Increase
In bank circulation since Aug l. Neither
does this take account Of the large in
crease in the last few weeks OF govern
ment deposits with the banks There Is
room, therefore, for a very largely in
creased use of money In the country, an
spite of the treasury's absorption by the
lean.
Tomorrow the treasury will dsburse
nearly 100000 of the anticipated interest
due Oct. on the registered As of 1907.
Bonds were dull, but yielded slightly in
the late trading Total sales, 81 965 600
Government bonds were unchanged
The total sales of stocks to-day were $685.
AGO shares including Atchson preferred,
1888; Chicago, Burlington and Quincy, TO-
fO5 Louisville and Nashville 1905; Man
haitian, $40; Reading first preferred, T.
2S5 Missouri Pacific, 5625; Northern Pa
oific, 36,268; Northern Pacific preferred,
1906; Union Pacific 10 $50; ST. Paul. 14S45:
Union Pacific preferred, 15,43O; American
Tobacco 1880; Chicago Great Western,
9,255; Peoples Gas, $500; General Electric.
$50; Sugar, 1i6 ,46J.
New York Closing Stocks.