The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-08-06

81 asked: Central of Georgia Middle
Georgia and Alabama division 5s 81 bid
50 asked.
Railroad Stocks-Augusta and savan-
nah. 81 bid, 971R asked. ex-div. /;
Southwestern 81 bid IS asked ex-
div; Atlanta and West Point
stock, 1O6 bid 1O7 asked. ex-div. Atlanta
and West Point per cent certificates, 1903
bid, 104 asked, ex-nterest; Georgia COM
mon, 100 bid, 1872 asked; Savannah Con-
struction Company. Y bid, 70 asked
Gas Stocks-Savannah Gas Light stock.
22A bid, % asked; Electric Light and
Power Company, 701A bid, Y asked. ex-dv.
Bank Stocks, Etc.-Citizens Bank. 10
bid, Ill asked, ex-div.; Chatham Bank
46la bid, Az asked. ex-div.
asked, ex-div.; National Bank Of
Savannah 1875 bid, 1876 asked, ex-div: Mer-
chants National Bank, SO bid S415 asked.
ex-dIv.; Oglethorpe Savings and Trust Co,
1O4 bid. 105 asked, eX-div.; Southern Bank
of the State of Georgia, $50 bid, 1871 asked
ex-div.; Savannah Bank and Trust Com
pany 1O2 bid, 103 asked, ex-dfT.; Chatham
Real Estate and Improvement Company,
A, So bid So asked; b, 81 bid So asked,
ex-div.; Peoples Savings and Loan Com
pany, SO bid, 80 asked.
Factory Bonds.-Augusta Factory, 101
bid, 102 asked; Sibley Manufacturing Com
pany, 6s 100 bid l02 asked.
Factory Stocks.-Augusta Factory, So
bid 70 asked: Graniteville Factory, 145
bid 151 asked; Langley Factory, 100 bid,
101 asked; Enterprise Factory, common,
20 bid, "a asked; J. r. King Manufacturing
Company, 100 bid, 101 asked: Sibley
Manufacturing Company, 70 bid, rs asked;
Savannah Brewing Company, So bid. 100
asked.
New York, Aug 5.-Money on call was
steady at 1Ad112 per cent; the last loan
was at ~ per cent Prime mercantile
q 81 a.-ls,- IA. -,erss
firm, with actual business in bankers bills
at $4 S51&G4S524 for demand and at &.83A
! M4S4 for sixty days; posted rates, $4.8412@
ass and $4.S6d4. S61a. Commercial bills,
| 81 S215d4. SO. Silver certificates, 581z459lzc.
Bar silver 5S34c. Mexican dollars, 451ac.
| Government bonds We're firm; state bonds
we're dull; railroad bonds were strong.
New York. Aug. 5.-The stream of spec
ulative and investment continued to pour
into stocks and bonds to-day without IN
terruption. Prices throughout the list
were lifted sharply. The profit taking
movement which has been drag on the
leading industrials for several days past
was apparently ended to-day, and the
bears. who sold these stocks early on the
assumption that realizing was still In
progress were forced to buy back later.
The result was to bring the industrials
into the general current of the market,
which moved upward with a tidal sweep.
The railroads themselves were somewhat
unsettled at the opening, and most of the
leading stocks declined Is to IL before the
upward movement of prices set IN. Inc
opening weakness was in sympathy with
London and the quickness with which it
was overcome was a striking evidence OF
the independence of the local stock ex-
change. There was quite serious de-
preston, both in London and Paris, on
the reported friction between Russia and
~ft "a thars. NO NJ
selling here for London account, but the
supply of American securities abroad has
been so far reduced in the past year that
the disposition of foreign holders to buy
or sell has very much less influence than
formerly.
The aggressive buying, which has been
noticed in Wall street for several days
quickly turned prices upwards and gained
in volume on the advance. Burlington
continued to be the leader and scored an
extreme advance of 23l. There was some
disposition to realize jim the last hour
but a decline of a fraction quickly re-
duced the market to dullness; possibly
the final squirt in Burlington was used
to cover some rather extensive realizing
at other points.
There was talk in Wall street of an
agreement TO advance prices. which in
Guided a number of interests controlling
vast wealth That the buying came from
a combination of very powerful interests
was quite evident but that it was based
on the assumption of a future raise in
values and demand from the general pub
lie for stocks is equally certain.
Dealings in bonds were not on as large
scale as yesterday, but the demand con-
tinued active and well distributed and car
ried prices vigorously upwards all through
the list. Total sales $,93000O.
United States old As registered advanced
4 and the 3s, when issued, declined Is
per cent. In the bid price.
New York Closing Stocks.
Atchison ........ 13AlSt. Paul ........ .102ib
do pref ....... IS do pref. ....152lk
Bait & Ohio e. Is St p. & ON. -. 81
Can. Pacific -. 1914 do do pref ..153
Can. Southern. 53la 81. p, NJ & M16lh
Cent. Pacific 49,. 16 So Pacific . 20
Ches. & Ohio e. 227s SO. Railway 80. 81
Chi. & Alton 1884, do pref. ... 1924
c., q. & Q. .....1117s Texas q Pacific. 1878
Chi. & Il. III. g.. sly Union Pacific . 255s
G. G. G. & st. L. AIS do pref. ....... 68b
do do pref e. 81 u. T., d. & c.. 81
Del. & Hudson. .107l4 Wabash ........ IA
Del, l.. q w. ..150 do pref. ...... 1871
Den. 4 r. G. .. u Wheel. & L. e.. l2t
do pref ....... 5O12l do do pref. -. 1914
Erie new ...... 1875 Adams Elk. ....l03
do LIST pref. .. 35A American Elk. lbs
TT. Wayne LIP United States Eek Il
CT. Nor. pref. ..13lh Wells Fargo Exits
Hook. Valley =. ga. Cot on -. 27&
H. Central .....1O7%i do pref. ..... S21t
Lake e. e. w. T.. IA Am. Spirits go. 1874
do do pref. =. 7l% do pref. ........ 3si%
Lake Shore ..195 Am. Tobacco ..127ls
l.. & n. .........542si do pref. .......13Oj4
Manhattan l. ..107it Peoples Gas LOO
Met 81. Ry. .157 Cons Gas .....lg0
Mich. Central .lO724 Com cable CO.. 40
MINI. & 81. l.. 2SJ2 Col +. & Iron e.. 20
do do lst pref 50 do do pref. 80. s.
No Pacific ..... 36lz Cen Electric -. 40i5