The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-12-23
PAGES 9 TO 10.

! hIst mortgage per cent. gold bonds, due
| 1924, 10 bid. Ill asked; Central Railroad
and Banking Company, coliaterals IS. IS
! bid, 80 asked; Central of Georgia Railroad
| hrst mortgage 5s, 50-year gold bonds 11S
| hld, ll9 asked; Central or Georgia Railway
| first consolidated mortgage 5s, 922t bid, 9st.
asked Central of Georgia Railway first
| preferred incomes. 405 bid, i11a asked.
| Central OF Georgia Railway second pre-
| herred incomes, 10 bid, IA asked; Central
or Georgia Railway third preferred In
| comes, bid, asked; Georgia Railroad
| 6s. 1910, lis bid, 1T asked: Charlotte, Co
lumbia and Augusta first 5s, 106 bid 107
| asked; Charlotte Columbia and Augusta
second mortgage Is. III bid. 11S askesis-
| Georgia Southern and Florida new S. ITO
Did, Ill asked; South Georgia and Florida
| iirst mortgage as, 100 bid 10 asked; South
| georgia and Florida second mortgage Is.
100 BID, l0l asked; Ocean Steamship per
cent bonds 1926 105 bid 106 ASKED City
| ana Suburban Railroad first mortgage
| per cent. bonds. 100 bid 102 asked: Ala
| nama Midland per cent, indorsed, 80 bid,
/ " ASKED brunswick and Western As, 80
bld 81 asked; South Bound Railway IS,
| sV's bld' u asked; Georgia and Alabama
1 htst preferred 5s. l0e bid, 10TH asked; Geor-
| ga ana Alabama cons. 5s. 101 bid, l0a
asked; Eatonton branch. "a bid. 80 asked.
| central OF Georgia, Middle Georgia and
| Atlantic division 5s, SO bid, 81 asked
Railroad Stocks-Augusta and savan-
| nah' loe bid 107 asked; Southwestern. 1854
Do 1854 asked; ex-div.; Atlanta ard West
| Point stock, 10 bid, 112 asked Atlanta and
| West Point per cent. certificates, iOl
bid lO2 asked, ex-int.; Georgia common.
| 1877 bid, 200 asked.
Gas Stocks-Savannah Gas Light atocss
| 2ila bid, % asked; Electric Light aud
| Power Company. 70 bid, 70 asked; ex-div.
Bank Stocks, Etc.-Citzens Bank 1903
| bid 1903 asked; ex-diV. Chatham Bank. 4TN
| bid 4S12 asked: Germania Bank 1iOh bid.
| lll& asked; National Bank of Savannah, 126
| bid l21 asked; Merchants National Bank
| 1914 bidMl3 asked; Ogethorpe Savings and
| Trust Company. 102 bid. 1903 asked; ex-div.
| Southern Bank of the State of Georgia, 100
| bid, 1871 asked; Savannah Bank and Trust
Company, 103 bid. 10l asked; ex-div. Chat
| ham Real Estate and Improvement Com
pany, A, o51A bid, IS asked; b. So bid, 55Is
| asked; Peoples Savings and Loan Com
pany, 921a bid SO asked.
Factory Bonds-Augusta Factory, los
| bid 1906 asked: Sibley Manufacturing Com
| pany 6s, 100 bid, 1902 asked Eagle and Phe-
nix Mills per cent bonds due 1928, 1914
pany 921A bid. 9314 asked.
Factory Stocks-Augusta Factory, SIS
| bid 65 asked; Graniteville Factory 40 bid.
145 asked; Langley Factory, 100 bid, 10i
| asked Enterprise Factory, common. 30
| bid "a asked; j. II. King Manufacturing
/ Company. 100 bid, 101 asked: Sibley Manu-
| featuring Company, 20 bid, 76 asked; Sa-
vannah Brewing Company, 1o1 bid, 1903
| asked.
New York, Dec 22.-Money on call steady
at 2a2lA per cent; the last loan was at
| per cent. Prime mercantile paper, 3G8ih
| per cent. Sterling exchange steady with
actual business in bankers bills at 81 s4k
| 04a# for demand, and at $A81%6J4S2 for
/ sixty days. Posted rates. As21z and s4.S51s;
| commercial bills, I.8l. Silver certificates
| 591Sq6OMc; bar silver. 59Ac; Mexican doll
lars 467sc. Government bonds were strong;
| state bonds were inactive; railroad bonds
| were strong.
New York, Dec 22.-The market con-
| tinued its upward movement on a ire
| mendous volume of business second only
| to the record made one day last week.
London traded both ways, her purchases
and sales being larger than for a long time.
! On balance it Is estimated that over
| $50 900 shares were taken for London ac-
count. Denver and Rio Grande preferred
| was a favorite In both markets on predic-
! tions OF a per cent dividend, which la
| ter materialized. Union Pacific issues
were absorbed on rising prices for both
| foreign and domestic account. pool
| apparently connected with prominent in
| terests seemed In control in this stock ia
! the local trading. There were no new
| developments in the property except that
| a good showing was forecasted for the
sued and the continued association of the
property with the Alton deal. In which
| other roads as well are supposed TO be in
| terested.
! Realizing sales by certain large inter-
| ests, although causing a reactory move
| ment early Ia the day seemed to have been
/ well taken considering their volume.
| Then evidence OF scale buying and con-
4 spicuous purchases by two pow
| erfu interests resulted In an
almost buoyant tone before noon.
/ There was covering Of shorts who
have expected a reaction which failed to
| appear 20 any extent thus far because OF
the large absorption of securities by the
/ public.
| There was pronounced strength In the
/ Changers Rock Island crossing Ill by a
/ handsome fraction, while ST. Paul ruled
around lis and Quincy 1913. The move
ment in these and other standard dividend
paying stocks had a healthful influence
! elsewhere, where bull leaders were sue
cessful in stimulating the movement. Ru-
rnors of favorable developments exceeded
some hitherto neglected issues, Minneap-
| oils and ST. Louis second preferred sold
/ at the highest prices since the properly
was reorganized. Tobacco and Sugar dis
| played exceptional weakness at one time,
| but recovered subsequently IN sympathy
with the late buoyant speculation. Bal
| timore and Ohio shares suffered from
realizing, consequent upon yesterday
| substantial Improvement
Missouri Pacific. after a period of beav-
mess, rallied points on rumors that a
| dividend declaration was not improbable.
Federal Steel continued It's advance. the
common rising points on the favorable
trade situation, and the belief that power
full interests were supporting the stock
The total sales of bonds were Sl2950,o00
| The bond market was Irregular during
the early part OF the day, but subsequent-
" moved generally upward IN sympathy
| with the stock market United States 30
| ADVANCED 4 and the new As and the old
| as coupon X in the bid price.
The total sales Of stocks were e93,i00
| ehares Including Clio AtchisOn; 42,700 do
| preferred; 2,3s2 Baltimore and Ohio; 25.-
| "a central Pacific; $3.50 Chicago Bur-
linaion and quincy; 1856 Denver and Rio
| Grande. 1900 DO preferred 1855 Lake
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