The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-10-20
PAGES 9 no 10.

Point stock. los bid. 10 asked; Atlanta aud
West Point per cent. certificates. lO3l5
bid. 1919 asked; Georgia common, 1876 bid.
1877 asked.
Gas Stocks-Savaunah Gas Light stock.
% bid. % asked; Electric Light and Pow
er Company. "A bid, 70 asked
Bank Stocks. Etc.-Citizens Bank, 11ON
bid, 1l0A asked; Chatham Bank IS bid
ASH ael1ed; Germanla Bank, 1l0ik bid, l11iS
asked. National Bank of Savannah, l25
bid. 126 asked Merchants National Bank.
81 bid, SO asked; Oglethorpe Savings
and Trust Company, 105 bid. 107 asked:
Southern Bank of the State of Georgia,
100 bid, 1Sl asked; Savannah Bank End
Trust Company, 1021a bid. 1881 asked;
Chatham Real Estate and Improvement
Company. a, 55la bid. Sc asked; B, So bid.
55l2 asked; Peoples Savings and Loan
Company. 90 bid. "a asked.
Factory Bonds Augusta Factory, 1O5
bid, LOG asked Sihley Manufacturing Com
pany. IS. 100 bid 1O2 asked.
Factory Stocks-Augusta Factory, IS
bid. 65 asked; Graniteville Factory, $40 bid.
las asked; Langley Factory, 100 bid, 10l
asked; Enterprise Factory. common, 80
bid, "a asked j. r. King Manufacturing
Company, 100 bid, 10l asked; Sbley Manu-
featuring Company, 20 bid, 76 asked: Sa-
vannah Brewing Company. 1O1 bid. 10a
asked
New York, Oct. 19.-Money on call was
easier at 2@2ls per cent; the last loan was
at per cent. Prime mercantile paper. 81
al per cent. Sterling exchange was steady,
with actual business In bankers bills at
%SihdpiSls for demand and at $4S7lAdD
4S7Si for CD days; posted rates. A.S2GD4. s2lb
and AS5 Commercial bills, $4 SOib Silver
certificates. 60h@6lc. Bar silver, Coo. Mex
lean dollars, lG}4c. Government bonds
were strong; state bonds were firm; rail-
road bonds were steady.
New York, Oct. 19.-Only a few days in
the history of The Stock Exchange can Of
fer such a record of dullness and apathy
as that of to-day. The Industrials stlu
continued TO lead the market in volums
of transactions but even in them business
was comparatively Insignificant. The small
acute depression existing in foreign ex-
changes on account of fears that there IL
possibility for mischief in the Anglo
French controversy over the title to the
Upper Nile, was reflected here, and drove
prices down a sharp fraction at the open
Ing.
The market was so utterly sluggish and
apathetic that there was no possibility Of
retrieving this early Decline and prices
dragged along at the lower level through
out the day. Not the least disqueting fea-
ture of the weakness of securities in for
eign markets Is the vagueness of the ex-
plantations. All the favorable factors In
the business outlook are ignored and there
Is no aggressive leadership forthcoming
for bull campaign. 1t Is very evident,
however. that stocks are very closely held,
so that the dullness of the market gives
II an undertone of strength. Lake Erie
and Western preferred reflected doubts
over the dividend. which was to be acted
upon at noon by an early dip of ia, and
subsequent rally of 10 points, when the
declaration of the regular dividend was
announced.
There were sharp declines In Lackawan-
ma, New York Air-brake, Hawaiian Com
mercIal and some strength in American
Steel and Wire. Manhattan and few rail-
road stocks. Some slight feverishness was
also shown in the dealings Of Metropolitan
Street Railway. Otherwise the market
was without feature.
The bond market was as dun as the
stock market. but prices We're better main
talned. Total sales were 81. 6i5, 900. United
States old and new As and the IS regis
tered advanced * In the bid price for the
registered issues
The total sales OF stocks were f26s6s
shares, including 52i5 Atchison preferred,
$500 Manhattan, 1851 Metropolitan, SIPS
Northern Pacific, 5,7S5 Union Pacific, $3.50
St Paul, r. 100 American Spirits preferred,
IS, $50 Sugar.