The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-12-02

days IS lS-lo.
Domestic EXchange-Steady; banks are
buying at 1-l6 per cent discount and SELL
ing as follows: Amounts up to SIS, 10 cents:
S. to $50, Is cents; $50 TO 500, 20 cents; 500
10 $500, is per cent. premium; $500 to 81 900,
G5 cents premium; $1,000 and over. Lie per
cent. premium.
Securides-The market is firm. with ad-
vancing tendency.
Stocks and Bonds-State Bonds-Georgia
Sia per cent. bonds of 1880, lie bid. Ill
asked; Georgia 80 per cent, due 1915 los
bid, 100 asked; Georgia AZ per cent. bonds,
1915, 10 bid, l22 asked; Georgia per
cent, due 1920 III bid, 1l5 asked; South
Carolina, 4as, III bid 112 asked.
City Bonds-Atlanta, AZ per cent, 1923.
l05 bid. asked; Augusta 31as 1928. 1919
bid. 1929 asked; Augusta 41ss, 1925, l07
bid, los asked; Augusta per cent. III bid.
liz asked; Augusta s per cent, Ill bid, lib
asked Columbus 5 per cent, 107 bid, los
asked; Macon per cent, l16 bid. III ask
ed; Macon ll9s. 1926 100 bid 10e asked;
Savannah per cent, quarterly January
coupons, 1111a bid. 1121s asked; Savannah 5
per cent, quarterly February coupons,
HE bid, liz asked; Charleston As, 100 bid
1929 asked.
Railroad Bonds-Savannah Florida and
Western Railroad general mortgage bonds,
per cent. interest coupons, rs bid, 1l9
asked; Savannah. Florida and Western
first mortgage per cent. gold bonds due
1924 no bid, Ill asked; Central Railroad
and Banking Company, collateral S. 90
bid, 50 asked; Central of Georgia Rail-
road first mortgage IS, 50-year gold bonds,
116 bid III asked; Central of Georgia Rail-
way first consolidated mortgage IS, SO
bid, 80 asked; Central of Georgia Pail
way first preferred incomes. S71a bid, SS15
asked Central of Georgia Railway second
preferred incomes, 111a bid 1912 asked;
Central of Georgia railway third
preferred incomes, AZ bid, 5A asked;
Georgia Railroad 6s, 1910, lis bid, III asked;
Charlotte, Columbia and Augusta first SIS
106 bid, 107 asked; Charlotte. Columbia and
Augusta second mortgage Is, III bid, 1lS
asked; Georgia Southern and Florida new
5s 109 bid, 10 asked; South Georgia and
Florida first mortgage Is, 100 Did 1G1
asked; South Georgia and Florida second
mortgage Is, 100 bid, 101 asked; Ocean
Steamship 5 per cent bonds, 1926 1O415 bid
1O6 asked; City and Suburban Railroad
first mortgage z per cent. bonds 100 bid,
l02 asked; Alabama Midland per cent in
dorsed 80 bid 81 asked; Brunswick and
Western As, 73 bid, 75 asked; South Bound
Railway 5s, 81 bid, 80 asked Georgia and
Alabama first preferred IS, 1903 bid, lO4 ask
ed; Georgia and Alabama cons. 5s, 991b bid
100 asked Eatonton branch, 80 bid 90
asked Central of Georgia, Middle Georgia
Railroad Stocks-Augusta and Savan-
nah, 1872 bid, 1929 asked; Southwestern,
102 bid, 1929 asked; Atlanta and West
Point stock 10 bid 112 asked; Atlanta and
West Point per cent. certificates, 104
bid, 105 asked; Georgia common, 1877 bid,
1873 asked.
Gas stocks-savannah Gas Light stock,
2S1a bid, "a asked; Electric Light ana
Power Company. 60 bid. Y asked.
NH
bid, III asked; Chatham Bank, Az bid,
| 4S14 asked; Germania Bank, 11015 bid, 1111a
asked; National Bank of Savannah, 126
bid, 127 asked; Merchants National Bank,
| 8315 bid, S419 asked; Oglethorpe Savings and
Trust Company .10i1a bid, 105la asked South
ern Bank of the State of Georgia 100 bid,
| 131 asked; Savannah Bank and Trust Com
pany, 1O4 bid, 105 asked; Chatham Real
| Estate and Improvement Company, A, 55is
| bid, Sc asked; B. So bid, 5515 asked; Peo-
| pies Savings and Loan Company, SO bid,
| "a asked.
Factory Bonds-Augusta Factory, 1O5
| bid, 1O6 asked; Sibey Manufacturing Com
| pany 6s, 100 bid, 102 asked; Eagle and Phe-
nix Mills per cent. bonds, due 1928, 101H
bid, 1O3 asked.
Factory Stocks-Augusta Factory, 80
| bid, So asked; Granlteville Factory, 40 bid,
las asked; Langley Factory, 100 bid, lOl
! asked: Enterprise Factory, common, 80
! bid, 81 asked; J. R. King Manufacturing
| Company, 100 bid, 1O1 asked; Sibley Man
ufacturing Company, 20 bid, rs asked; Sa-
vannah Brewing Company, 1O1 bid. 1903
| asked.
New York, Dec Money on call was
steadier at 214121$ per cent; the last loan
was at 90 per cent. Prime mercantile pa
] ner. 31l6M per cent Sterling exchange
| firm. with actual business in bankers
| hills at S4S456I48424 for demand and at
| s4S1hG4S11b for 60 days. Posted rates
! $4S204. S215 and $4.S5la. Commercial bills,
| S4.SO1b04S1 Silver certificates, 6Ol8U6ll3c
| Bar silver, $3.50. Mexican dollars, 1885,
! Government bonds were strong; stale
bonds were inactive; railroad bonds were
| strong.
| New York, Dec. 1.-The stock market
was again largely influenced by the state
| ment of the foreign markets. Discount
! rates at foreign centers underwent a stin
| further increase to-day, and the accom>
| mediation of these demands by American
| capital was evidenced by an advance or
| u in the actual rates for sterling ex-
change at New York The resumption Of
the process of loaning abroad promptly
| nut a stop to the demand for the gold
| in London for export to the United States
| enga gements already made being cancel
| ed and the subsistence of apprehension on
| this account in London, resulted in con-
| siderable buying of stocks IN the New
| York market for London account. The
continuance of a stringent requirement
for money in Berlir was still shown by
the withdrawal of ST. $4,000 additional from
| the Bank of England for shipment to Ger
| MANY The revelation of such a pressing
financial stringency in the worlds great
| money centers, suggests a liquidation Of
| so drastic a character as to give a nat
ural pause to speculation in all markets.
| But though there was dizziness in the
standard stocks in New York, prices were
very firmly held. Meantime speculation
turned into the channels of the indus
trial specialties. There is a long list Of
these showing very material gains. but
| each was influenced by individual causes.
| either real or fictitious. In the railroad
list. while prices generally advanced, the
| number of stocks to show conspicuous
strength was small. Net gains outside OF
the Industrials are mostly fractional.
There was a good demand for bonds and
conspicuous gains in some instances. To-
| tai sales 81 go 600.