The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-10-13

Jos bid LOG asked: Charlotte. Columbia and
Augusta second mortgage Is, 1T bid us
asked; Georgia Southern and Florida new
5s. 1851 bid, lO7 asked. South Georgia and
Florida first mortgage Is 1921 bid. 1881
asked South Georgia and Florida second
mortgage Is, 1921 bid, 1882 asked: Ocean
Steamship per cent bonds. 1926, 1915 bid.
1854 asked; City and Suburban Railroad
first mortgage 6 FER cent. bonds, 100 bid
102 asked; Alabama Midland per cent, IN
dorsed. 92I5 bid. 93l5 asked; Brunswick and
Western As, 73 bid 20 asked South Bound
Railway SIS 70 bid. 81 asked: Georgia and
Alabama first preferred bs 103 bid. 14 ask
ed: Georgia and Alabama cons IS, 90 bid
81 asked Eatonton branch. 30 bid 9lasked;
Central of Georgia, Middle Georgia and
Atlantic division IS, Slis bid, S2I5 asked
Railroad Stocks Augusta and Savan-
nah, 99lh bid, 100 asked, Southwestern. 99i4
bid, 100 asked; Atlanta and West Point
stock. los bid. 10 asked Atlanta and West
Point per cent certificates. 1922 bid. i04ib
asked; Georgia common. l9J bid I97 asked
Gas Stoeks--Savannah Gas Light stock
% bid. % asked; Electric Light and Pow
er Company. a bid, Is asked.
Bank Stocks. EIc-Citizens Bank 1l0h
bid. 1903 asked; Chatham Bank. As bid
zss asked: Germanla Bank. 1l0i5 bid. 1l1K
asked; National Bank OF Savannah 1e5
bid. l2s asked; Merchants National Bank
81 bid. IS asked Oglethorpe Savings
and Trust Company. 105 bid. 107 asked .
Southern Bank OF the State OF Georgia
1870 bid, 1Si asked; Savannah Bank arnd
Trust Company. 1924 bid. l03ls asked:
Chatham Real Estate and Improvement
Company. A, 55i3 bid, Is asked, 3. So bid
55k asked; People Savings and Loan
Company, 90 bid, - asked.
Factory Bonds Augusta Factory. los
bid, l06 asked; Sibley Manufacturing Com
pany, 6s. 100 bid. l02 asked
Factory Stocks-Augusta Factory. 50
bid. 6 asked: Granitevnle Factory. l4O bid.
l45 asked; Langley Factory, 100 bid. lO1
asked; Enterprise Factory, common 30
bid, 81 asked: J. r. King Manufacturing
Company, 100 bid, 101 asked: Sibley Manu-
featuring Company, 70 bid &c asked; Sa-
Vannah Brewing Company. lOl bid, l03
asked
New York, Oct 70. 3'p. m.-Money on
cali was steady at 2Q2ia per cent: the last
loan was at 2l6 per cent. Prime mercan-
tile paper. 3laQ4 per cent Sterling ex-
change, easier, with actual business in
bankers bills at ASiQ4AIs for demand.
and at $.Sl14dA&s4 for sixty days; posted
rates. AS2ik and S485. Commercial bills,
S4S01a94s. Silver certificates 59M@8O1zc.
Bar silver, $3.50. Mexican dollars 46Ac.
Government bonds were easter: state
bonds were steady; railroad bonds were
strong.
New York oct 12-The undertone OF
strength which has been manifest for sew
eral days assumed the upper hand In the
stock market to-day ignoring the contln-
ued weakness in some Of the specialtles or
driving the bears to cover. thus putting
m end 10 The decline IN some of these
stocks. Buying to cover short contracts
played no small part in the rise all through
the list. 1t was not the result OF an
awakened public interest in the market
but was rather by capitalists or groups
of financiers interested in this or that
property, according to inside support
There was conspicuous buying In Union
Pacific preferred the Changers and some
of the Southern and Southwestern roads,
the net gains for many stocks reaching a
point.
Kansas and Texas preferred was con-
spfcuons exception, with a net loss of
nearly point. The speculation in To-
baeco and Sugar continued active ana few
erish. and the movement OF these two
dominant specialtes was conflicting While
Tobacco broke AS in the early trading
Sugar made a sharp recovery of its re-
cent decline. and while Tobacco rallied
nearly to last nights close In the late
dealings. the early gain in Sugar was more
than wired out
There was quite a striking movement
IN such gilt-edge issues as Chicago and
Alton and Great Northern and ST. Paul
There was no conspicuous development in
me situation on account of the changed
temper in Wall street unless 1t might be
The continued heavy demand for cereals
Tor export and the advancing prices for
them IN foreign markets. Money condi-
ions IN London were also slightly easier.
which brought some buying for London
account, ard there was appreciable evi.
dence of the increased supply OF surplus
capital here. The closing of the market
showed quite firm tone in spite of weax
ness In one or two of the Industrials.
Railroad bonds improved in sympathv
WITH stocks and closed generally higher.
Total sales, S2050000. United States old A.
registered. declined u in the bid price
Others were unchanged
The total sales of stocks to-day were
3fs,S0O shares, including $3.50 Atchison pre-
ferred, G,O45 Manhattan, 1926 Chicago
burlington ana Quincy, 45,525 Northern
racine, 9,53S Union Pacific, is. CPS st. Paul
baeco, 5000 Sugar.
New York Closing Stocks.