The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-01-29
PAGES 9 10 TO-

Southern and Florida new IS, 1o015 bid;101A
asked; South Georgia and Florida first
mortgage Is, 1929 bid, 103ls asked: South
Georgia and Florida second mortgage rs.
1903 bid 105 asked; Ocean Steamship per
cent. bonds, 1926. 1851 bid. 1868 asked: City
& Suburban Railroad first mortgage per
cent bonds. 81 bid. asked; Alabama
Midland 5 per cent. Endorsed. 80 bid. 81
asked; Brunswick and Western As. rs bid,
77lb asked; South Bound Railway 5s, 20 bid,
as asked Georgia and Alabama first pre-
ferred 5s lO2 bid. 10S asked; Georgia and
Alabama cons 5s. so bid So asked
Railroad Stocks-Augusta and Savannah.
9sih bid 9ils asked; Georgia common, III
bid, 1870 asked; Southwestern, SO bid. 9311
asked: Atlanta and West Point stock, 1O1A
bid, 1902 asked; Atlanta and West Point
per cent. certificates l0lh bid. 1924 asked:
Savannah Construction Company. Is bid.
IS asked.
Gas Stocks-Savannah Gas Light stock.
% bid, %. asked; Electric Light
and Power Company rs bid. n asked,
Bank Stocks Etc.-Citizens Bank ITO
bid 1iOh asked; Chatham Bank
As bid: Germania Bank, 10S
bid. 109 asked; National Bank of Savan-
nah. l25 bid. 1876 asked; Merchants National
Bank, 81 bid, SO asked oglethorpe Saw
ings and Trust Company, 104 bid, 105
asked: Southern Bank OF the State of
Georgia. 1888 bid, $40 asked Sa-
vannah Bank and Trust Company, 102
bid 1924 asked Chatham Real Estate and
Improvement Company, A. So bid, 50
asked: B, 54A bid, 50 asked; Peoples Saw
ings and Loan Company, IS bid. 80 asked.
FACTORY Bonds-Augusta Factory Is, 101
hid 1902 asked; Enterprise Factory IS, 100
hid 1Ol asked; Eagle and Phoenix Manu-
featuring Company 3 per cent. bonds.
bid, 40 asked; Sibley Manufacturing Com
pany IS, 10i bid, 1902 asked.
Factory Stocks-Savannah Cotton Fac
tory, 49, bid IS asked; Augusta Factory. so
bid SO asked; Graniteville Factory, 14b bid.
ISL asked; Langley Factory, lO4 bid, 1OoA
asked; Enterprise Factory, common, 93
bid. SO asked j. r.. King Manufacturing
Company, 1O4 bid, 105 asked: Sibley Manu-
featuring Company, 20 bid. as asked; Sa-
vannah Brewing Company 81 bid. So asked.
New York, Jan. 2S-Money on call was
al 1laG1A per cent; the last loan
was at 1l5 per cent; prime mercantile
paper 3M3& per cent Sterling exchanges
firm, with actual business In bankers
bills at S4Si9s for demand and 81. S2lsd4.S25t
for sixty days; posted rates, A.SSM4SSis
and $4S5i40p4.S6; commercial bills, &.S1U
1852. Silver certificates, 56lA9575sc bar sill
yer, 5Gsse; Mexican dollars. 45c. Govern
ment bonds strong; state bonds were duh;
railroad bonds were strong.
Washington, Jan. 2S.-To-day's statement
OF the condition of the treasury shows:
Available cash balance, $2l6, S39 ,2S6; gold re-
serve $163 965, 1906
New York, Jan. 2S.--The Evening Posts
London financial cablegram says: The
stock market here to-day was irregular
Americans and Argentines were buoyant
but other securities were idle to dull
There was more general dealings here in
Americans than since the rise began. At
the same time. and as a natural result,
the buying was somewhat ragged. Much
of President McKinley's speech last night
was cabled here, and the market chose to
construe It favoraby, thus further aiding
the upward rush in prices.
New York. Jan 28.-To-day's stock mar
ket showed signs of a struggle by the bulls
TO sustain prices, while they were taking
their profits. They were moderately sue
cessful and sold large blocks of stocks
which have recently been speculative fav-
orites without producing any marked de-
cline elsewhere in the list. Northern Pa
cihc preferred Is the only one of the re-
cent favorites which showed a net gain
for the day, but the declines for the others
were insufficient 20 encounter any large
number of stop loss order. But the clos
ings showed an easy tone. with prices gen.
orally at the loss. New York Central was
conspicuous under realizing pressure after
the opening and closed u lower on the day.
New York Central was conspicuous un-
der realizing pressure after the opening
and closed 1Ac lower, then the days high
point. Kansas and Texas showed an ex-
treme decline of 13s, and Rock Island lists
Of a full ! per cent.
Another factor on the side of the reac-
tionists was the weakness I'm the Anthra-
cite group. the declines in some Of its
members reaching a point. The local New
York group added the weight of its weak
ness to increase the burden of the bulls. A
sudden squirt Of strength shown by North
west, Louisville, Denver Pacific, a few
minutes before the close prevailed to
eounteraet the general declining tendency
Exchange hardened a fraction. An an
nounccment OF the withdrawal of 10000 in
gold from the Bank of England for ship
ment to the United States was without
any effect here. Reports from London
showed prices for Americans higher, and
the speech OF the President last night be-
ing assigned as the cause. The effects OF
the speech had been anticipated for sew
eral days by the professional traders. and
the realizing to-day was the result of COW
ering by professional traders. Business in
the bond market continued on a remark
ably heavy scale and prices generally are
higher.
Total sales amounted to s., 200 900. United
States Old 4s. regular, were q higher bid:
the new As u higher bid and the old As
coupons and S. * higher
Total sales of stocks to-day were 473, 800
shares, including Atchison preferred, IA
0i9; Chesapeake and Ohio. 3.719; Chicago,
Burlington and Quincy 25,92s; Cleveland.
Denver and RIO Grande preferred, 9.170:
Erie preferred 4,fS; Louisville and Nash
vile, 12,432; Manhattan. "A, 200; Rio Grande
preferred, $3.50; Missouri Pacific, 1870:
Missouri, Kansas and Texas preferred H.
$780, New York Central. $3.50; Northern
Pacific, 25,345; Northern Pacific preferred,
1881; Rock Island, S0,S2S: ST. Paul, 10 $50;
St Paul and Omaha. 1860; Southern Pa
cific. 4046; Union Pacific, 29,5S1; Tobacco.
5,2l2; Chicago Great Western, 1900; Peo-
pies Gas 1O0o5; General Electric, 1924:
Sugar. A,267; Western Union, 1850
New York Closing Stocks.
Atchison ......... 1875 do pref .......1ilIkl
do pref ....... 81 st. r. & ON. 80. 1874
y. q Ohio ...... 13 do do pref .14S
Can. Pa. ........ SO st. +. NJ & NJ. .121Hl
Can. So. ......... $3.50 Pa. ........... 20
Cen. Pa. .......,. 1874 So Ry. ........... 9M
G. a. Ohio ....... 22Alr. q Pa. .......... 1fM
c. & Alton .....165 lU. p. ID. & Co.. on
C., B. & Q. ...... 1884 Wabash ... 7ss
G. & +. H. 49,. 59IalW. &. L. Il. ... ga
C.C.Cs& st. l.. :. 357sl do do pref ..... 1879
do do pref 80. 80 Adams Elk ..169
ID. e. Hudson ..11255lAm. FIX ......li9
D., l.. & w. ....l53 United States J.. Al
n &, Rfo fyVaIIs Lsa~co