The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-11-24


bid. Ill asked; Chatham Bank. A bid,
As asked; Germania Bank, 100 bid, 111h
asked; National Bank of Savannah, 126
bid, 127 asked; Merchants National Bank.
49, bid, S415 asked; Oglethorpe Savings and
Gust Company. 1O5 bid l07 asked; South
ern Bank of the State of Georgia, $50 bid.
1Sl asked; Savannah Bank and Trust Com
pany 1OS bid, 104 asked; Chatham Real
Estate and Improvement Company, A, 55l5
bid, Sc asked; B. IS bid, 55lk asked; Peo-
pies Savings and Loan Company, 92 bid,
SO asked.
Factory Bonds-Augusta Factory. los
BID, 100 asked; Sibley Manufacturing Com
pany 6s 100 bid. 102 asked; Eagle and Phe-
nix Mills per cent. bonds, due 1923, 1Ol
bid, 1O2 asked.
Factory Stocks-Augusta Factory, IS
bid. 65 asked; Graniteville Factory, 14O bid,
145 asked; Langley Factory. 100 bid 1Ol
asked Enterprise Factory, common, 80
bid, "a asked; ] r. King Manufacturing
Company. 100 bid. 101 asked; Sibley Man
ufacturng Company, 20 bid, rs asked; Sa-
vannah Brewing Company. 19l bid, 10S ask
ed.
New York, Nov. 2S-Money on call was
steady 26215 per cent; the last loan was
at 2ls per cent. Prime mercantile paper,
Sl2G415 per cent Sterling exchange weak,
with actual business in bankers bills at
81 S594. S5A for demand, and at a. s20
4.S2l4 for sixty days posted rates, 81. S21aGD
4.S3 and 1864 S615. Commercial bills,
"a. S1@4 .Sl15. Silver certificates. 6OIbd6l1bc
Bar silver, 6O19c. Mexican dollars, 47c
Government bonds strong; state bonds
were easier; railroad bonds were irregu-
lar.
New York, Nov. 2S.-There was a dispo-
sition manifested to curtail operations on
the stock exchange in the early hours of
to-day's session, on account of to-mor-
rows holiday, for one thing, and on ac-
count of one or two depressing influences
In the market, which offered obstacles to
the successful prosecution of the bull cam
paign. The snow storm in the West with
its obstruction to traffic and reports of
damage to live stock, was q discourage
ment to advancing prices. There was
rather less assurance felt, also. that the
Northern Pacific-Oregan Navigation i'm
broglio was TO be patched up, and the
Northern Pacific stocks and others con-
cerned turned downward. Weakening in
number of the specialties, notably To-
bacco, on reports of the character of the
opposition in the cigarette branch, accen-
tuated the prevailing tendency. Peoples
Gas dropped off at one time ~, and Fed
eral Steel continued to drop. There was
marked falling off in the Atchison pre-
ferred, probably due to the depressing in
fuences of other stocks. There was
very bullish spirit latent in the market
nevertheless, and it turned from these CEN
ters of depression, and from the region of
the snow storm to other specialties and the
Eastern railroads The movement was
most marked in the coalers, and had its
inception in the Reading issues.
The buying of these securities was at
tributed to the banking interest, which
yesterday advanced Southern preferred
and to-day of the Reading securities, is
designed to sustain weak spots elsewhere
in the common interest of the manipula-
tor can only be a matter of surmise.
There was a very active demand for the
greater part of the day for Manhattan,
Louisville, New York Central Ontario and
Western and a number of other Eastern
railways enjoyed their period of strength,
and ended towards the late recovery and
the firm close at a level generally above
yesterdays prices.
There was large activity at several
points in the bond market, notably in the
Reading generals, the Denver and Gulf
frsts and the Colorado Southern As when
issued The strength of these tended to
counterfeit weakness at other points. To-
tai sales, $3,160,O00
United States As new coupon old As
and the new SIS coupon advanced a, and
the 3s and the new As registered Is in the
bid price.
The total sales of stocks were 416, 100
shares, including Atchison, Is, 1885, do pre-
ferred, 81, $50; Delaware and Hudson, 1858 /;
Louisville and Nashville, 81 $50; Manhat-
tan 81, $50; New York Central, 3, 40; North
ern Pacific, 1926 do preferred, $3.50;
Reading, 500; Rock Island 1890 st.
Paul, r. 10; Southern Railway, 1O,4S3; do
preferred, 20,5lS; American Tobacco, 49,
2S5; Federal Steel preferred, $780, Peoples
Gas, 912O; Sugar, 8,492.