The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-01-11

J Southern Bank of the State of Georgia.
J 40 bid, las asked, eX-div.; Savannah Bank
/ and Trust Co, 101 bid. 102 asked, ex-div.;
/ Chatham Real Estate and Improvement
/ Company, A, 54l5 bid, 5512 asked B, 81 bid
] 5lla asked, eX-div.; Peoples Savings and
/ Loan Company, IS bid 100 asked
Factory Bonds-Augusta Factory 6s, 101
/ bid, 102 asked; Enterprise Factory 6s, 100
/ bid, 1Ol asked; Eagle and PheniX Manu-
/ featuring Company 5 per cent, bonds -
/ bid. 40 asked; Sibley Manufacturing Com
/ rany Is, 101 bid, l02 asked
/ Factory Stocks-Savaunah Cotton Fac
! tory, - bid, Is asked; Augusta Factory,
/ 20 bid, SO asked; Graniteville Factory, 145
! bid, 151 asked; Langley Factory, 104 bid,
| l05A asked; Enterprise Factory, common,
80 BID, y6 asked; ]. r. King Manufacturing
/ Company, 104 bid, 105 asked; Sibley Manu-
featuring Company, 70 bid, 76 asked; Sa-
| vannah Brewing Company, So bid, 81 asked
! New York, Jan. 10.-MOney on call was
steady at SQ512 per cent. the last loan
! was at per cent, and closed, offered at
2l5QS per cent. Prime mercantile paper,
| 3laq45 per cent Sterling exchange firm,
! with actual business in bankers bills at
! s4.S5d4 S5l9 for demand. and 4. S294G4 SO for
| sixty days; posted rates 81 .S312d4 SO; COM
mcrcial bills, $4.S2. Silver certificates,
| 51Aq5Sc. Bar silver, 5lsc. Mexican dol
lars, 4534c. Government bonds easier.
! State bonds were dull. Railroad bonds
| were strong.
Washington, Jan. Unavailable cash
balances, $241, 31S S}S. God reserve, 1851, 506,
| 1O6
! New York Jan 10.-The Evening Posts
London financial cablegram says: THE
| stock markets here were irregular to-day
and with less buoyant tone. Americans
; collapsed on a New York cable to the
Times predicting silver majority in the
! next House, etc, which, while regarded
! as too pessimstic, was none the less like
| ly to disturb the public here as reviving
| the silver question"
New York, Jan. 10-There was halt
| ing in the bull movement on the Stock
| Exchange to-day, the upward movement
| OF prices meeting with some obstacles.
! The buoyancy manifested by some special
| stocks was not sufficient to overcome the
| general tendency entirely, and prices, as
| rule, are somewhat lower
| There was some pressure to sell for Lon
don account, and prices of Americans
We're lower in London before the opening
here There was a disposition reported
! from that center to take an unfavorable
| view of the future of values in this coun-
| try. There was also some selling to real
| ize in continuation of Saturdays profit
| taking. The readiness of traders to real
ize gave weight to the opinion among
some of the professionals that the condi-
| tons were not favorable for a
rise. This opinion is based on the
belief that the bulk of the stocks
| are already in the hands of
the spectators awaiting rise Doubt
| less the fear of some such maneuver
caused the weakness to-day. The market
was duh as compared with the latter part
| of last week.
The recent activity of Cleveland. Lor-
| aine & Wheeling, one of the few Ohio coal
roads, of which it was reported there
| would be default on its obligations, was
! extended to Hooking Valley and Lake
| Erie The common stock rose over a
! point and the preferred over per cent
! Wheeling and Lake Erie stocks also 40
vanced materially, but moved in quite an
| erratic manner.
! Tennessee Coal was strong, apparently
in sympathy with this group. Illinois
! Central was in demand, and the strength
of It's statement of earnings, which
| showed an increase in gross for the month
of December of $i59,000, and in net for No
vember of $685. ass, as compared with the
! corresponding period last year.
The buying of Northern Pacific stock
was also heavy, the blocks running from
1000 to 4.00O changing hands quite fire.
! quently. AS a result the preferred closed
l3s higher at 63%. which is a new
new high record. Michigan Central
Missouri Pacific, Plttsburg, Cincin-
natl Chicago and St. Louis, Man
haitian and Metropolitan Street Rail-
way were other stocks to show strength
| New York Central, on the other hand
| lost a point on realizing.
There was some disappointment in view
of Saturdays bank statement at the con-
tinued frmness of money, which did not
loan below per cent Foreign exchange
also continued firm.
The bond market was quite active to-
| day, and prices held firm in the face of
some realizing in the speculative issues.
Total sales of stocks to-day were 1873. 900
shares, including Atchison preferred. 1904;
! Chesapeake and Ohio, $500; Chicago. Bur
lington and Quincy, 1916; Delaware and
Western. 80 100; Hooking Valley, 6.115: Hi
nois Central, 69O6; Louisville and Nash
vile, 1925 Manhattan 1886; Metropoli-
tan Street Railway, $40; Hawaiian Canal
Company. 5505; Missouri Pacific. 6649:
New York Central 1920 Northern Pacific.
1923; Northern Pacific preferred 81 7Oi;
Rock Island, $3.50; st. Paul, 49, 145; Union
Pacific, $3.50; Northern Pacific. Denver
and Gulf 1854; Wabash preferred, 3.475;
Wheeling and Lake Erie, $500; American
Tobacco. 6,S34; Chicago Great Western,
9478; Peoples Gas. $3.50; General Electric,
4,OS5; Sugar, 1880; c. and l., 6,253; Western
Union, 6,666.
New York Closing Stocks.