The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-11-16
PAGES o TO 10.

Georgia Railroad IS, 1910 ll5 bid III asked:
Charlotte, Columbia and Augusta first IS,
100 bid 1O7 asked; Charlotte, Columbia and
Augusta second mortgage rs. III bid, 1lS
asked; Georgia Southern and Florida new
5s. 1914 bid los asked; South Georgia aud
Florida first mortgage ~, 100 bid, 10l
asked; South Georgia and Florida second
mortgage Is, 100 bid, 10l asked: Ocean
Steamship per cent bonds, 1926, 1O4ia bid,
1854 asked City and Suburban Railroad
first mortgage Z per cent. bonds, 100 bid.
l02 asked; Alabama Midland per cent. in
dorsed, 80 bid, 81 asked Brunswick and
Western As, 73 bid, 70 asked; South Bound
Railway IS, IS bid, asked; Georgia and
Alabama first preferred 5s 1903 bid, l04 ark
ed; Georgia and Alabama cons IS. 90 bid,
81 asked; Eatonton branch, 20 bid, 81 asked;
Central of Georgia. Middle Georgia aud
Atlantic division 5s. IS bid, Sc asked.
Railroad Stocks-Augusta and Snvan-
nah l00I5 bid, 1Ol asked; Southwestern,
1902 bid, l0l asked; Atlanta and West
Point stock ITO bid, ll2 asked; Atlanta and
West Point per cent. certificates, 1903
bid, 10l asked; Georgia common, 1G bid,
1888 asked.
Gas Stocks-Savannah Gas Light stock.
2S bid, "a asked; Electric Light and Power
Company. "A bid. rs asked.
Bank Stocks, Etc.-Citizens Bank 110i4
bid, Ill asked; Chatham Bank. Il bid,
As asked; Germania Bank, ll0I5 bid 111h
asked; National Bank of Savannah. 126
bid, 1877 asked: Merchants National Bank,
| S3ls bid, Sils asked Oglethorpe Savings and
Trust Company, lO5 bid, l07 asked; South
ern Bank of the State Of Georgia, 1870 bid,
1871 asked Savannah Bank and Trust Com
pany, 1903 bid, 10i asked; Chatham Real
Estate and Improvement Company. A. 55lz
bid, sc asked b. So bid, 55h asked; Peo-
pies Savings and Loan Company, SO bid,
81 asked
Factory Bonds-Augusta Factory, 1906
bid, l06 asked; Sibley Manufacturing Com
pany IS, 100 bid 1902 asked; Eagle and Pine
nix Mills per cent. bonds, due 1923. 101
bid, 1902 asked.
Factory Stocks--Augusta Factory, S.
bid. 65 asked; Grantevile Factory, 140 bid,
| las asked; Langley Factory, 100 bid. 101
asked: Enterprise Factory, common, 80
bid "a asked; j r. King Manufacturing
Company, 100 bid 101 asked Slbley Man.
ufacturins Company. 70 bid. 76 asked; Sa-
vannah Brewing Company 10l bid, 1903 ask
ed
New York. Nov. 15.-Money on call was
frmer at 2lt21s per cent; the last loan was
at 2 per cent Prime mercantile paper 31D
4 per cent Sterling exchange hrmer. with
actual business In bankers bills $.S5h6D
4S5A for demand and $4.82Q4S214 for sixty
days. posted rates, $i.S3Gt4 S6ls, commercial
bills $lS1h0DASiM. Silver certificates, 60iz
M61i5c; bar silver 6ossc; Mexican dollars.
47hc. Government bonds were weak; state
bonds were strong; railroad bonds were
easy.
New York Nov. 15.-The premonltory
symptoms of reaction which were noted
yesterday in the stock market, and even
more prominently IN the bond market,
found their justification to-day. There
were periods OF resistance TO the decline
and individual stocks in which the resist
ance was successful. But the reaction
gained force as the day progressed, and
the closing was decidedly heavy In tone
and at the low point, net declines being
the rule, and reaching as much as a point
In few stocks. The speca.ties were ae-
tive all day, and the movements in them
were exceedingly various and conflicting
and Influenced by individual causes. The
market for railroad stocks showed a
heavy tone from the opening, especially IN
the lnternationals. which had the burden
OF selling of foreign account TO carry. The
Changers and Pacific also were encoun-
tered by obstacles TO an advance.
The Atchison issues continued 20 be a
strong rallying point for the bull faction,
the preferred stocks rising to 1874 Fur
Their effort was made to sustain the rain
road list by bidding up prices Of the low
priced stocks, especially those in the
Southwest. The mystery surrounding the
pending disposition of the Chicago and AL
ton also impaired strength to different
railroad stocks on rumors OF connection
with that transaction. Thus Kansas City.
Plttsburg and Gulf, the Lake Erie and
Western stocks, Chicago, Indiana and
Louisville preferred rose at times from /
to points.
There were unexplained advances of PA
In Southern Pacific and of fun points In
Chicago and Northwest preferred. In the
specialties there was prevailing heaviness
on one hand IN Sugar, Manhattan, Federal
nd IL. A..
hand Tobacco Metropolitan Street Rail-
way and the paper stocks showed marked
strength.
The Federal Steel stocks have been
dealt In heretofore as deliverable when ,s-
sued, a transaction which did not call for
cash. The certificates are now being Is
sued, and the resulting requirement for
funds Is assigned as the reason for the
weakness Of these stocks. Other iron and
steel stocks were heavy In sympathy. The
presence I'm the city of leading street rail-
way magDates was sentimental factor in
the strength OF Metropolitan Street Rail-
way.
The hardening tendency Of the money
market was reflected in the growing heav-
mess Of bonds, the market for which con-
tinued very active. Total sales amounted
TO $500
United States new As and the SIS de-
cllned a and the 80 and the old As Il IN
the bid price.
The sales of stocks were 1890 shares.
including 1926 Atchison; S. 1886 Atchison
Preferred S577 Denver and Rio Grande;
1865 Louisville and Nashville; II, III Man
haitian; 300 Metropolitan Street Railway;
5,GO5 North American Company; l4,7l5
Northern Pacific; 1851 Rock Island; To-
SS6 Union Pacific; 2s,345 Missouri Pacific:
2i,5i6 ST. Paul; $500 Southern Pacific; II.
81 Southern Railway preferred $3.50
Texas ana Pacific; 1913 Union Pacific:
5eM International Paper; 1915 Federal
Steel 25,O00 Federal Steel preferred; a..
l25 Peoples Gas; $3.50 Pacific Mail; $3.50
Sugar. l2'45O Chicago Great Western.
New York Closing Stocks.
Atchison ....... l5lz Sc. l.. & s. f.. 7zs
do pref ..-.... 42Al do do pref 800. 65il
y. & Ohio ...... 4Sai do do End pref 32iA
Can. Pacific -. 81 st. l. & S. W.. 81
Can SOUTH ...... 5S& do do pref ..... 1919
Cent. Pacific -. 2Sh ST. Paul .1l2zs
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