The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-01-27
PAINE, MURPHY & co.,
B ROK ERS-
Orders Executed over Our Private Wires
COTTON, STOCKS. GRAIN & PROVISIONS
For Cash or on Margins
Local Securities bought and sold
Telephone $50
Hoard OF Trade Building. Jackson Building,
savannah Ca Atlanta, Ca


- bid, asked. ex-div.: Electric Light
and Power Company. 70 bid n asked
Bank Stocks. Etc.-Citzens Bank 10
bid. 1l0la asked; Chatham Bank 4sl4 bid
4Sis asked, ex-div.: 0ermania Bank, l0S
bid. 109 asked; National Bank of Savan-
nah, 125 bid 125 asked; Merchants National
Bank, 81 bid, SO asked; Oglethorpe Saw
ings and Trust Company, 1O4 bid. los
asked; Southern Bank of the State of
Georgia, 13S bid, 140 asked, ex-div; Sa-
vannah Bank and Trust Company, 1O2
bid. 1929 asked; Chatham Real Estate and
Improvement Company. A. So bid. Sc
asked; B, 54l5 bid, So asked; Peoples Saw
ings and Loan Company. IS bid. 80 asked
Factory Bonds-Augusta Factory 6s, 101
bid. 102 asked; Enterprise Factory 6s. 100
bid, 10l asked; Eagle and Phoenix Manu-
| featuring Company per cent. bonds. -
bid, 40 asked; Sibley Nanufa curing Com
pany IS. 1Ol bid, l02 asked.
Factory Stocks-Savannah Cotton Fac
tory, - bid, Is asked; Augusta Factory, 50
bid, So askedi GraniteVille Factory 145 bid
l5l asked; Langley Factory, l04 bid, 105A
asked; Enterprise Factory common. SO
bid, IS asked J. r. King Manufacturing
Company, 104 bid, 105 asked; Sibley Manu-
featuring Company, 20 bid. rs asked; Sa-
/ Vannah Brewing Company. 50 bid. IS asked
New York, jan 26.-Money on call pap
per cent; the last loan, Ia per cent. Prime
! mercantile paper 3A per cent. Sterling ex-
change dun, with actual business in bank
ors' bills at $.siA and $tS2IkG14. S22 for so
days. Posted rates 81. 1917 and s.. S5IblI4 S6.
| commercial bills, $4Sl94: silver certificates
56h057hc; bar silver 567sc; Mexican dol
lars, 4424c. Government bonds were weak;
state bonds were dun; railroad bonds were
dull.
Washington, Jan. 90 -To-day's statement
of the condition of the treasury shows:
Available cash balance, $24O,O71, 40; gold re-
/ serve, s163, 670S sos.
New York, Jan. 26.-The Evening Posts
London financial eablegram says: poll
ties restricted markets here to-day. except
Americans which rose on New York sup
port New York Central and Ontario and
Western led the rise. other markets were
featureless. Spanish securities were dull
Money rates are tightening still further,
and more was borrowed to-day from the
Bank of England. East Indian Railway
has offered 100000 of 21a per cent. deben-
lures at 81 Only 100000 was applied for
an indication showing the way in which
money rates are perhaps tending"
New York, Jan. 26.-If the strength in
yesterdays stock market was TO be at
tributed TO a natural recovery from the
scare caused by the Names departure
from Havana, there could be no doubt of
the underlying strength and breadth of
to-days market for securities
The Maine incident has, in fact been
converted into an actual bull factor in the
stock market. the exchange of courtesies
more toward smoothing relations between
the two countries than anything that has
yet occurred
The feeling of to-say's market was
broad and deep and left no room for
doubt that large interests were absorb
ing securities with great confidence and
on very heavy scale. Purchases of
l,OOO-share blocks were frequent in large
stocks all through the list, and there
wer a number of transactions in bonds in
which 100000 at par value changed hands
in one block
IN the market was represented in the adj
vance, the continued heavy buying OF
| New York Central and Vanderbits being
| the decisive influence on the market. as
| for some time past.
The Changers, the Southern group. the
Southwesterns. the Coalers and the Ilon-
dike group, all developed advances from
| l to points. Kansas and Texas pre-
| ferred roses points on rumors of an an
| preaching dividend declaration, and New
Aork central at one time added nearly 2
more points TO yesterdays gain Lake
| SHORE rose AZ. OF the Changers Rock ISL
| and was the leader, with a rise of 21b
ana all the leading members of the group
| rose over point Reading first pre-
| ferred was in the van of the Coaiers
with rise of 212 per cent Similar sharp
! trial list
The group of New York corporations
was an exception and showed signs OF
heaVlness. London continued a large
! factor, though it's purchases were prob
ABLY not as large as was the case yes
| terday Exchange reflected this develop
ment with sharp drop of q for actual
! pllls. 1t is now at the point at which
started the recent export of gold ana
there Is some talk of a movement in that
| direction.
| Dealings in bonds were large and prices
very generally improved
| Inc Kansas and Texas ends wene most
active and gained per cent. Total sales
$5'5lo0OO. United States old As coupons
! ana the new As declined II bid and the IS
1 coupons, were advanced "a bid.
| Total sales of stock TODAY 4Se 7Co
| shares, including: Atehison preferred. II :
| O10i chesapeake and Ohio, 5,5S5; Chicago
burlington and Quincy, 1875; Louisville
| ana Nashville, 9S05; Manhattan d 9eo.
Reading preferred. SSS6; Missouri Pacific
! GSo9; Missouri, Kansas and Texas $500.
! missouri, Kansas and Texas preferred
| zo,SzO; New York Central 1880: North
american, 23S69; Northern Pacific, $40:
Northern Pacific preferred, 24,2S0; Ontario
ana Western, 1920; Reading. 1905. Roclr
Island 1870; st. Paul 29.150; Union pa
| cihc 44,l0O; American Spirits, 1920; To-
| bacco, $50; Chicago Great Western q 2f5.
Peoples Gas, l010O; Consolidated Gas
! 4,lSO; General Electric, 800: LaCleda Gss
| 5,oOO; Sugar, 1894.
New York Closing Stocks.
Atchlsoh .''..... l2blSt. p. & Om.... 74s.
90 90 PREF; ...'... SO9si do do pref lis
! Bait. q Ohio =. 12lb St p NJ q M 1511L
! Can. Pacific - 500 So. Pacific % y
IAN: 30. ''..''.' 54% So. Hallway. sis
Lent rae. .;''.. l5lsl do pref, ........ $685.
ines Ohlo''. Z2@s Texas Pacific. 11k
I'm. u alton '.l69lk Union Pacific -. 80
en- =. O.. 1885 y. P. d. & G..
l Chi g. e. m. 81 Wabash
C.C.C. & st. L. 35A do pref 1s,l
do do pref . so Wheel q 7, II o79
Del. e Hudson. l12Ss do do pref ,9a 90
Del l.. & VILE Adams Elk. 15S
Den & Rio c.. 12lsi Am. Express isl
do pref. ....... 4Slb United States AZ
| Erie new - li3. Wells Earoo 80