The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-01-28
TELEGRAPHIC MARKETS.
(contlnued DON NInth -

Carolina 4ias. los bid, 100 asked
City Bonds-Atanta Z per cent, Jos bid
104 asked; Augusta as, 1925. 1921 bid l4t
asked; Augusta I per cent, los bid. 117
asked; Augusta per cent 1O7 bid, 15S ask
ed; Columbus 5 per cent. 1031s bid 1853
asked; Macon 6 per cent, ia bid. Us asked:
Macon AS. 1926. 1G bid 105 asked; So
vannah per cent, quarterly Apri cou-
pons, 1lOla bid III asked; Savannah per
cent, quarterly February coupons. III
bid, Ill., asked; Charleston As, 93 BID, 50
asked.
Railroad Bonds-Savannah, Florida and
Western railroad general mortgage bombs
per cent. interest coupons. III bid 1lS
asked; Savannah. Florida and Western
first mortgage. ) per cent gold bonds. due
1924, los bid. 1909 asked; Augusta Southern
first IS, 1921. 49, bid. 81 asked; Central Rail-
road and Banking Company collateral S.
9lla bid, 80 asked; Central of Georgia Rail
way first mortgage 5s, 50-year gold bonds
lis bid, 119 asked; Central of Georgia Rail
way first consolidated mortgage 5s % bid
SO asked; Central of Georgia Railway first
preferred incomes 4212 bid. 43s4 asked;Cen-
trail of Georgia Railway second preferred
incomes. IA bid, % asked; Central of
Georgia Railway, third preferred incomes
bid, asked; Georgia Railroad 6s 1910
1l3 bid l14sh asked; Charlotte, Columbia
and Augusta first IS, 10 bid. i'll asked
Charlotte, Columbia and Augusta second
mortgage Is, 11S bid 120 asked: Georgia
Southern and Florida new o.. 1907 bid :l0lis
asked; South Georgia and Florida first
mortgage Is. 1922 bid, 1872 asked: South
Georgia and Florida second mortgage Is.
103 bid, 105 asked; Ocean Steamship per
cent. bonds, 1926 l05la bid, 1851 asked: City
& Suburban Railroad first mortgage per
cent bonds. 81 bid asked Alabama
Midland 5 per cent. indorsed. 80 bid 81
asked; Brunswick and Western As, IS bid
775b asked; South Bound Railway SIS, 70 bid
IS asked; Georgia and Alabama first pre-
ferred S. 102 bid, l03 asked; Georgia and
Alabama cons 5s. 50 bid. 81 asked.
Railroad Stocks-Augusta and Savannah
9Slz bid 9ii4 asked; Georgia common. III
bid $50 asked; Southwestern, 80 bid, 93ia
asked Atlanta and West Point stock 1919
bid 102 asked; Atlanta and West Point
per cent certificates, 1919 bid. 1929 asked
Savannah Construction Company, 70 bid.
rs asked.
Gas Stocks-Savannah Gas Light stock
% bid, % asked Electric Light
and Power Company. - bid II asked,
Bank Stocks, Etc.-Citizens Bank. 10
bid, 1lO12 asked; Chatham Bank.
IS bid; Germania Bank, los
bid 10e asked National Bank of Savan-
nah. 125 bid. 126 asked; Merchants National
Bank, 81 bid, SO asked; Oglethorpe Saw
ings and Trust Company, 104 bid, los
asked; Southern Bank of the State of
Georgia. 1873 bid, $40 asked; Sa-
vannah Bank and Trust Company 102
bid. 102l5 asked; Chatham Real Estate and
Improvement Company, A. IS bid, Sc
asked: B. SAY bid, So asked; Peoples Saw
ings and Loan Company, IS bid. 80 asked.
Factory Bonds-Augusta Factory 6s, 10l
bid 102 asked; Enterprise Factory 6s, 100
bid. 1O1 asked; Eagle and Phoenix Manu-
featuring Company 5 per cent. bonds, -
bid, 40 asked; Sibley Manufacturing Com
pany S. 101 bid. 102 asked.
Factory Stocks-Savannah Cotton Fac
tory, bid Is asked; Augusta Factory. 50
bid. So asked; Graniteville Factory 145 bid
asked; Enterprise Factory. common SO
bid, Sc asked ]. r. King Manufacturing
Company, 104 bid, 105 asked; Sibley Manu-
featuring Company, 20 bid, rs asked; Sa-
vannah Brewing Company. 81 bid. IS asked
New York. Jan. 27.-Money on call was
easy at 11aG1a4 per cent; the last loan
was at 1a4 per cent. Prime mercantile
paper, 3G3$c. Sterling exchange firm,
with actual business in bankers bills a
81. 84l5G4. S45s for demand and at $i.S2lsG
4.S2A for sixty days; posted rates. 1880
4.S315 and 81 S51aa4 Sc. Commercial bills,
S4.S11kG4.S2. Silver certificates. 5512q57Ac.
Bar silver, 561ac. Mexican dollars, f4&c.
Government bonds were irregular. State
bonds were duh
Washington, Jan 27.-To-day's state
ment of the condition of the treasury
show: Available cash balance, S2iO,S5S,-
636; gold reserve, 1853, 6977S5.
New York Jan. 27.-The New York
Evening Posts London financial cable
gram says: THE stock markets here were
of better tone to-day Americans and Ar
gentnes being the feature Americans
which closed at the best yesterday, were
practically booming. The support is main
ly from New York. Lake Shore and New
York Central were especially strong.
Grand Trunk was firm"
New York Jan. 27.-There was num-
Der of features of aggressive strength in
to-day's stock market but there were also
evidences of the sustaining forces of the
special stocks were taken advantage of
to sell out heavy lines of other stocks to
realize profits.
The center of interest in the market
continued to be New York Central Per-
sistent advances in this stock is attributed
generally. in the street, to side buying and
reports of a pending plan for the merging
OF the Lake Shore and New York Cen
trail, find very general credence. There
were also rumors constantly afioat which
profess to give in detail the plans for
this merging, and also for the consolida-
ton of various other Vanderbilt proper
ties, but no official or authoritative state
ment has been made. nor is one expected.
The advance in New York Central was
twice arrested during the day by reac-
tons The large absorption of the stock
which developed before the decline had
reached great lengths sustained the prob
ability that the stock was manipulated
i'm the interest of those seeking to acquire
advance before the close.
Northern Pacific preferred and Kansas
and Texas preferred and Rock Island were
leaders of the market. in connection with
New York Central. There We're not lack
ing other features of strength in the mar
ket and New York transit companies were
conspicuous for sudden and sharp adj
vance in the final hour. But, consider
ing the large volume of business, the small
net advance in many active speculative
favorites and the mixture of losses of the
day before, it must be regarded as prob
able that there was a large taking of
profits by former buyers. London had a
good account in the local market to-day,
and this was attributed to a disposition
TO take profits on a sharp advance.
Sterling exchange responded to the large
selling with a hrmer tone. The enormous
demand for middle grade and low-priced
bonds continued in that department of the
market to-day. The volume of transac-
lions thus far in January is said to be
far in excess for that of the corresponding
period in any previous year
To-day's business was large and the ad-