The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-12-06

/ 102 asked; Alabama Midland per cent, in
/ dorsed, 80 bid, "a asked; Brunswick ana
/ Western As. 70 bid, IS asked; South Bound
Railway IS, 81 bid, 80 asked; Georgia ana
/ Alabama first preferred IS. 1903 bid. lO4 ask
/ ed; Georgia and Alabama cons. IS, S9lz bid
! 100 asked; Eatonton branch, 90 bid, 80
asked; Central of Georgia, Middle Georgia
and Atlantic division IS. 80 bid, 92% asked
Railroad Stocks-Augusta and Savan-
nah, 1C2 bid, 1903 asked; Southwestern,
1922 bid, 1O3 asked Atlanta and West
/ Point stock, 10 bid, 112 asked; Atlanta and
West Point s per cent. certificates. l04
/ bid, 105 asked; Georgia common, 1875 bid,
( 1873 asked
Gas Stocks-Savannah Gas Light stock,
2s%l bid. 24A asked; Electric Light and
Power Company, 65 bid, Il asked
Bank Stocks, Etc.-Citizens Bank, 1lOA
bid, Ill asked; Chatham Bank, a bid.
4S asked; Germania Bank, 110lz bid, 11lh
asked; National Bank of Savannah, 126
bid, 1T asked; Merchants National Bank.
s91a bid, S4l9 asked; Oglethorpe Savings and
Trust Company l04i5 bid, 1851 asked;
Southern Bank OF the State of Georgia, 100
bid. 131 asked; Savannah Bank and Trust
Company, 104 bid, 105A asked; Chatham
Real Estate and Improvement Company.
A. 5512 bid, IS asked; b. So bid. 5512 asked;
/ Peoples Savings and Loan Company, SO
bid, 81 asked.
Factory Bonds-Augusta Factory, 105
! bid, lO6 asked; Sibley Manufacturing Com
pany IS, 100 bid, 1902 asked Eag,e and Phe-
nix Mills per cent bonds, due 1928 1917
/ bid, l03 asked.
| Factory Stocks-Augusta Factory, So
/ bid, 65 asked; Graniteville Factory, 40 bid,
145 asked; Langley Factory, 100 bid, 1O1
| asked; Enterprise Factory, common, 30
bid, "a asked j. r. King Manufacturing
| Company. 100 bid, 101 asked; Sibley Manu-
! featuring Company, 20 bid, rs asked; Sa
vanuah Brewing Company, 1O1 bid. 1903
| asked.
New York Dec 5.-Money on call was
steady at 2G21s per cent; the last loan
was at ~ per cent Prime mercantile
paper, 3A44 per cent. Sterling exchange
easier, with actual business in bankers
bills, at s4.S4AQ4S41a for demand and at
&Hlz@4.SlA for sixty days; posted rates,
$4.82la and 1857; commercial bills, $4.S0Ia.
Silver certificates, 6O1zQ61hc; bar silver,
So Lice; Mexican dollars, 1850. Govern
ment bonds were firm: state bonds were
easier; railroad bonds were strong.
New York, Dec. 5.-There was much in
terest and curiosity manifested in Wall
street to-day regarding the Presidents
message. When it was published il was
| found TO be so free of matter calculated
to affect the value of securities that the
course of prices was left TO the influence
professional traders has been that the
message would prove a bull document,
and they have bought stocks recently un-
der that conviction. Upon the publication
of the message il was natural, therefore,
thar this element should sell to take their
profits. But the chief effect of the antici-
patton of the message was to curtail OPP
erations in the stock market. This ten
dency was emphasized by the absence of
nj rui,b
| points in the country, owing to the storm.
| There was not entirely lacking, also the
| proverbial disposition of stock exchange
traders to feeling of timidity over the
| advent of a session of Congress.
There Is something of a prejudice in
| Wall street against some of the measures
which representatives and senators as
| sembled at Washington design for the
| public welfare and a desire to be let
alone in the methods for the profitable
employment of capital against which con-
| gressional legislation is at times directed
! The prevailing tone of the market, there
fore, became increasingly heavy as the
day wore on.
There was a period of comparative
strength in the morning, especially in some
| of the stocks which showed strength last
week. The majority of the standard
stocks were, however, notably dull, and
! for the most part heavy. There was some
! frmness manifested in the Coalers on the
| strength of the cold weather.
The bond market was decidedly more
active than stocks, and prices were bet
| ter maintained, though there was re-
! action from best prices lin the laIe deal
| inss. A number of lately dormant issues
were brought into activity, and moved
sharply upward. Total sales. $5SO5, OJ0 u.
s. 2s advanced Il in the bid price.
Th' total sales of stocks were $3.50 700
shares including: Atchison, SS79; do pre-
ferred, 1920; Chesapeake and Ohio, %, $50;
Louisville and Nashville, q, 300; Manhat-
tan, 1900; Metropolitan, 1860: Union Pa
cihc, 7,545; ST. Paul, 12l5O; American To-
bacco, 6,200; Bay State Gas, 2O94O; Peo-
pies Gas GOO; Pacific Mail, 10000; West
ern Union, 5,SS2; Southern Railway pre-
ferred, $500.