The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-02-09
TELEGRAPHlC MARKETS.
Continued From Ninth Page.


113 bid, 11415 asked; Charlotte, Columbia
and Augusta first IS. 10 bid III asked:
Charlotte, Columbia and Augusta second
mortgage rs, us bid 40 asked; Georgia
Southern and Florida new SIS 101 bid; l02
asked; South Georgia and Florida first
mortgage Is, 1929 bid, 1882 asked; South
Georgia and Florida second mortgage Is.
los bid los asked; Ocean Steamship ) per
cent bonds, 1926 1862 bid, 1861 asked; City
& Suburban Railroad first mortgage Z per
cent bonds. 81 bid. asked; Alabama
Midland per cent. Endorsed. 90 bid, 81
asked; Brunswick and Western As, 70 bid,
TT1z asked; South Bound Railway 5s. % bid.
n asked; Georgia and Alabama first pre-
ferred IS, 103 bid, l04 asked; Georgia and
Alabama cons IS. So bid, 81 asked; Eaton
ton Branch, 81 bid, S914 asked; Central Of
Georgia, Middle Georgia and Atlantic Di-
vision IS. 1912 bid, S4ia asked.
Railroad StOcks-Augusta and Savannah.
9315 bid 9415 asked; Georgia common. $50
bid 1888 asked; Southwestern. 90 bid "a
asked; Atlanta and West Point stock 1919
per cent. certificates, 1912 bid. 1921 asked;
Savannah Construction Company. 70 bid,
rs asked
Gas stocks-savannah Gas Light stock.
% bid q asked; Electric Light
and Power Company, IS bid II asked,
Bank Stocks. Etc.-Citizens Bank 11O
bid. 11Olb asked; Chatham Bank
As bid. 4Sl5 asked; Germania Bank, Jos
bid, 1O9 asked; National Bank OF Savan-
nah, l25 bid 126 asked; Merchants National
Bank, 81 bid, s. asked; Oglethorpe Saw
ings and Trust Company, 104 bid, 1O5
asked; Southern Bank of the State of
Georgia. bid, 139 asked; Sa-
vannah Bank and Trust Company lO2
bid 1921 asked; Chatham Real Estate and
Improyement Company A 50 bid Sc
asked: B, $40 bid So asked Peoples Saw
ings and Loan Company. IS bid SO asked.
Factory Bonds-Augusta Factory IS, 10l
bid, 102 asked; Enterprise Factory SIS, 100
bid, 101 asked; Eagle and Phoenix Manu-
featuring Company per cent. bonds. -
bid, 40 asked; Sibley Manufacturing Com
pany 6s, 1Ol bid, 1872 asked,
Factory StOcks-Augusta Factory so
bid, SO asked; Graniteville Factory. 145 bid,
ISL asked Langley Factory, 104 bid, 1854
asked; Enterprise Factory. common, SO
bid, sc asked; J. r. King Manufacturing
Company, 104 bid, l05 asked Sibley Manu-
featuring Company, 20 bid, rs asked; Sa-
vannah Brewing Company, s. bid, 81 ask
ed.
New York, Feb S.-Money on call was
easy at 1q112 per cent; the last loan was
at ~ per cent. Prime mercantile paper.
3d4 per cent. Sterling exchange strong,
with actual business in bankers bills at
81 S5h for demand and at 81 S3A for sixty
days; posted rates, S4.S4d4. IS; commercial
bills, $4.S254d4 .S2i5. Silver certificates. 561a
@571Ac. Bar silver, 56l5c. Mexican dollars,
State bonds were dull. Railroad bonds
were irregular.
Washington, Feb. S.-To-day's state
ment of the condition of the treasury
shows: Available cash balance. 1923. $40
943; gold reserve. $165. 159 121.
New York, Feb. S.-The Evening Posts
London financial cablegram says: 'sThe
stock markets here are quiet during the
progress of the settlement which shows
larger account than expected notably in
Americans, where the cOntangoes are four
TO five per cent. They would be higher, but
for the comparative scarcity of the stocks
After a distinctly firm tone during the
day, Americans and Grand Trunk closed
under the best
New York, Feb. S.-The stock market
succumbed to the Cuban scare in spite Of
London's Indifference to the fears reflected
by the New York Exchange of a rupture
between United States and Spain. The
strength of American securities in London
was partly accounted for by the progress
of the periodical settlement of American
account on that exchange. Prices We're
bid up sharply before the opening here
and resulted in sympathetic rise in inter-
national securities at the opening Not
only was this the case, but when heaviness
developed here, London was a liberal buy
er at the Decline and was a very
important factor in sustaining prices DUR
ing the forenoon session.
Americans were in demand in other for
eign centers, and from Frankfurt comes
the report that they were the features and
sustaining force of the market. Denver
and Rio Grande preferred was the favor
lite with London and it was able to hold
substantial gain TO the close, a conspic-
uous exception in this respect Quite a
number of stocks developed aggressive
strength at different times during the day.
metropolitan Street Railway rose at one
time points, but huctuated feverish be-
low that in the final dealings, Michigan
Central, Northwestern, Omaha Pullman,
Lake Erie and Western preferred and a
few less conspicuous stocks were at one
time over point above last nights close,
but the gains were practically eradicated,
Early weakness developed in the Union
Pacific stocks, and Norfolk and Western
preferred was keenly affected by profit
taking. Manhattan also broke IL points
early in the trading, but showed a better
tone later. General Electric and Pittsburg,
Cincinnati, Chicago and St Louis aoere
also heavy. The earlier part OF the weak
ness had been TO large extent overcome
by the strength when the news was re-
ceived of the resolution proposing inter.
ference in the Cuban affair, which were
introduced in the Senate. The covering
of shorts made but a feeble rally. and
there was disposition to renewed iqui-
dation before the close
Inc money market weakened very appre.
ciably to-day, call loans being made at
per cent. Domestic exchange at some in.
terror points has turned sharply against
New York, and the withdrawal of an add.
tonal 10 per cent installment of the gov.
eminent deposits of the Union Pacific nav.
ment is due Tomorrow
But these factors were unavailing to hold
the money rate. The sharp rise in the
sterling exchange of nc in the actua
rates and of l2c in the posted rates is prob
ably TO be attributed directly to the weak.
enlng OF the money market Exchange
bills are offered. however. at only u,
above the demand rate for delivery in Nav
Tnis indicates that the present stiffness.
of exchange rates is not expected to hold
Dealings in bonds continued very larg,
to-day, but there was no Individual trans
actions of such magnitude as yesterday
There was some disposition to realize il
speculative issues, but the general ten
dency was upward in the early dealings
Prices yielded to some extent with III,
break in stocks. Total sales. S5.575 O0O
United States new As advanced &c bid
The total sales of stocks to-day wer
3S3.4oO shares, including 25.OS0 AtchIsor
preferred 1856 Baltimore and Ohio
b,005 Chesapeake and Ohio ~ al
Chicago, Burlington and Quincy. ; 40
Fri = y