The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-01-18

| Nahnan Bank ana Trust Company, lUl4
bid, 102ls asked; Chatham Real Estate and
Improvement Company. A. 54I9 bid. 5512
asked; b, 81 bid, 54i5 asked; Peoples Saw
ings and Loan Company, 971s bid, 9SlR
! asked
Factory Bonds-Augusta Factory Is, 10l
! bid, 102 asked; Enterprise Factory 6s, 100
| bid, 1Ol asked; Eagle and Phoenix Manu-
featuring Company 8 per cent. bonds, -
bid, 40 asked; Sibley Manufacturing Com
/ pany IS 10l bid, 102 asked.
Factory Stocks-Savannah Cotton Fac
| tory, - bid, Is asked; Augusta Factory, 50
| bid, So asked; Graniteville Factory, 145 bid,
ISL asked; Langley Factory, 1Ol bid, 1O5A
asked; Enterprise Factory, common, 80
| bid, Sc asked; ]. r. King Manufacturing
! Company, 104 bid, 105 asked; Sibley Manu-
| featuring Company, 40 bid, rs asked; Sa-
Vannah Brewing Company, 81 bid, 50 asked.
| New York, Jan. H.-Money on call was
| easy at 2% per cent; the last loan was
at 2l2 per cent. Prime mercantile paper,
| SG4 per cent. Sterling exchange dull,
| with actual business in bankers bills at
| S4.S412@4S4$4 for demand and at 81. S3l4G
/ 4.S2A for 60 days; posted rates, $4S3l2 and
$4.S512Q4S6 Commercial bills, AS2. Sill
yer certificates, 5712d5S1Ac; bar silver,
| 57l2c; Mexican dollars, 46c. Government
| bonds were easier; state bonds were quiet;
railroad bonds were strong
Washington, Jan. 17.-To-day's state
ment of the condition of the treasury
| shows: Available cash balance, $40, S47,-
9S4; gold reserve, $162, 52S7 75.
New York, Jan. 1.-THE Evening Posts
| London financial cablegram says: ''The
stock markets here are quiet and irreg-
ular to-day. Home rails were the best
| market, on good dividends, and the end
| OF the engineers strike. Argentines
| steadily rose as also Grand Trunks
| Americans were quiet and steady. Con-
| tinued pessimistic kilograms from New
! York concerning currency reform, cbaolxc
pubic confidence there. The London Daily
| News Washington cable to-day was
| gloomy. Prices closed steady"
| New York, Jan. H.-Standard shares
| show fractional improvement on the day,
| except in the case of some shares on
which special influences were operating in
their favor, where the Improvement was
more marked. The dealings We're widely
| distributed and had a generally healthy
| tone.
| Stocks sold Friday and Saturday on the
| ground of possible conflict among the
| European powers, were purchased to-day
| The London and continental bourses We're
! sustaining factors, although the purchases
| for foreign account were meager as the
| local market outstripped the foreign initia-
tive toward a higher level.
Pronounced activity and strength were
| displayed in the local transportation
! shares, Metropolitan Traction making a
net gain of 61A per cent That security was
| marked up by its friends on rumors of
| closer relations to Manhattan Elevated
| it being reported that with the installa-
| ton of an electrical equipment for Man
haitian Elevated Railway, the Metropoli-
| tan property could effect a saving by util-
izing the electric power. This rumor, how
ever, received no published verifcation
| Sugar, on enormous transactions, made a
| net gain of q. although in the earlier
transactions there was considerable weak
ness noted in that security. The old sub
| Ject was brought up what the result of
| Hawaiian annexation would be, with the
| free importation of Hawaiian sugar and
the probability that by midsummer there
| would be competition between sugar refin-
cries now being erected. Stocks of proper
ties located in the southwest were mainly
| benefited by the belief that they could Sc
cure much traffic owing to the Klondike
| boom.
Burlington. st. Paul and Northern Pa
cific and Union Pacific were strong The
| appearance of the Nebraska maximum
| freight decision was a sustaining factor in
| the days news. Brokers seemed to give
some credit to the reports of closer rela-
tions in the management of all Vanderbilt
| Railways
Lake Shore, Michigan Central were par
| ticularly strong, showing approximate
| gains of per cent. The fact that Chicago
| and New York ere lending money on the
! London and continental markets, continues
to be a favorable factor. The foreigners
so far have liquidated their debt for Amer
| ica's unparalleled exports, only to the ex-
| tent of returning some American securi-
| ties.
| In the days market the gain of impor-
| lance WERE Consolidated Gas, 2: Wells
| Fargo, 4; Manhattan, 2sl; Metropolitan
| Traction, ST. Northern Pacific, 15s; Oregon
Railway and Navigation, 43s I; Preferred, TX;
Pittsburg, Cincinnati, Chicago and st.
Louis, 49,. Western Gas Com
| pany, 2; Wisconsin Central, 2, and the
stocks closed strong.
The bond market showed falling off in
transactions, but a considerable undertone
of strength was evident, which reflected i'm
substantial apDreciations in many of the
usually dormant issues Seattle Lake
Shore and Eastern lists Trust receipts gain
ed points, on reported competition for
control of the road but subsequently lost
one-half the rise. The aggregate sales were
| 50, 525, 900. Government bonds showed heayi
ness, the IS and news As losing slightly.
Total sales Of stock to-day 348 900 shares.
including 4,S0S Atchison preferred; Also.
Chicago and Ohio; 1S475, Chicago, Burling-
ton and Quincy; $3.50 Louisville and Nash
vile; 1850 Manhattan; 23.1S5; Metropoli-
tan Tract ion 5,375 Hawaiian; SIT Missouri
Pacific; 1920 New York Central; 81. 285
Northern Pacific; 24.563 do preferred; 1858
Oregon Railway and Navigation g, 29O Rock
Island; 1925 St. Paul; $500 Southern pre-
ferred; 2S,640 Union Pacific; 1927 Tobacco;
$3.50 Chicago and Great Western: 1881
Peoples Gas; 3,4O0 General Electric; ZIG, 81
Sugar; 1886 Western Union.
New York Closing Stocks
Atchison 127sSt. p. & o. $40. 75A
do pref 50A do do pref .14S
Bait. & Ohio =. 10 ST. P. NJ & M..121
Can. Pacific 80. S724 So. Pacific 49,. 20
Can. Southern q. 5S24 So Railway 49,. 9H
Cent. Pacific E. 117s do pref ..... 307s
Ches. & Ohio =. 221sITexas & Pacific liz
Chi. & Alton ..166 Union Pacific e. 31ss
c., b. & Q. 100 u. p, d. & c.. 9ss
Chi. & e. Ill. =. 5512Wabash ........ 7%
C.C.C. & StL... BAY do pref .... 1874
do do pref -. so Wheel & L. E..
Del. & Hudson. .112 do do pref 49,. 1874
Del, l.. q w. Isl Adams Eek. .....158
d. & R. G. ...... 1l9s American Elk. ..i1Sh
do pref ....... AZ United States .. 40
Erie new 500. Is Wels-Fargo LIP
do LIST pref .. 979z a. Cot. Oil .... 2lI5
FIT. Wayne ......169 do pref ...... rs
CT. Nor. pref ,.132 Am Spirits $50. 7lb |
Hooking Valley. do pref ........ is
III Central 10efhi Tobaeco C1Tf !