The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-11-15


asked Central of Georgia Railway second
preferred incomes. 1l1a bid, 1919 asked;
Central of Georgia Railway third
preferred incomes 4% bic. 5i2 asked;
Georgia Railroad IS. 1910. 10 bid III asked;
Charlotte Columbia and Augusta first So.
10e bid, l07 asked; Charlotte, Columbia and
Augusta second mortgage rs, ll7 bid. us
asked Georgia Southern ana Florida new
IS 1917 bid, Jos asked South Georgia and
Florida first mortgage IS 100 bid, lel
asked; South Georgia and Florida second
mortgage rs, 100 bid, 1Ol asked; ocean
Steamship per cent. bonds 1926, l0ila bid
105lh asked; City and Suburban Railroad
first mortgage Z per cent. bonds, 100 bid,
1902 asked; Alabama Midland per cent, in
dorsed 80 bid, 81 asked; Brunswick and
Western As 70 bid, IS asked; South Bound
Railway 5s, IS bid asked; Georgia and
Alabama first preferred 5s 1903 BID, l04 ask
ed: Georgia and Alabama cons. IS, 80 bid,
81 asked; Eatonton branch. 70 bid. 81 asked;
Central of Georgia, Middle Georgia and
Atlantic division IS, So bid, sc asked
Railroad Stocks-Augusta and Savan-
nah. 1001s bid 10l asked; Southwestern,
1O0l5 bid, 10l asked; Atlanta and West
Point stock, no bid, l12 asked; Atlanta and
West Point 8 per cent. certificates, lO8
bid, 1o4 asked; Georgia common, lSf bid,
1873 asked.
Gas Stocks-Savannah Gas Light stock,
% bid "a asked; Electric Light and Power
Company, "a bid, 70 asked.
Bank Stocks Etc-Citizens Bank, 110A
bid III asked; Chatham Bank AZ bid,
As asked; Germania Bank, 110Ia bid, Illl2
asked; National Bank of Savannah. 126
bid. 127 asked: Merchants National Bank,
S3l5 bid $40 asked; Ogiethorpe Savings and
Trust Company, 1O5 bid, 107 asked; South
ern Bank of the State of Georgia, 100 bid,
131 asked; Savannah Bank and Trust Com
pany. 1903 bid. 104 asked; Chatham Real
\ a
bid. Sc asked: b. So bid, 551a asked; Peo-
pies Savings and Loan Company, SO bid,
81 asked.
Factory Bonds-Augusta Factory 105
bid, JOG asked Sibey Manufacturing Com
pany IS, 100 bid 1O2 asked; Eagle and Phe-
nix Mills 6 per cent bonds, due 1928, 1Ol
bid, 102 asked.
Factory Stocks-Augusta Factory S.
bid. 65 asked; Graniteville Factory 140 bid,
145 asked; Langley Factory, 100 bid, 10l
asked; Enterprise Factory, common, 80
bid, "a asked; ]. r. King Manufacturing
Company, 100 bid 101 asked; Sibley Man
ufacturing Company, 20 bid, rs asked Sa-
vannah Brewing Company, 101 bid 1903 ask
ed.
New York. Nov. 14-Money on call was
steady at 2d21s per cent; the last loan was
a. 215 per cent Prime mercantile paper
sal per cent. Sterling exchange easy,
with actual business in bankers bills at
for sixty days; posted rates, S4S3Gf4. S6l2;
commercial bills, $4S104S11a. Silver GER
tificates. 6015G611sc; bar silver. 605sc; Mexi-
can dollars, 471sc. Government bonds We're
irregular. State bonds Were heavy. Rail-
read bonds We're irregular.
New York, Nov. 1.-THE stock market
has recently emancipated itself in a large
degree from the influence of Sugar, To-
bacco and such like uncertain quantities,
but the violent gyrations of Sugar in to-
days market could not but have a rather
unsettlng effect. Quotations were almost
lost at the Sugar post at the opening and
were recorded all the way from 125 down
to 124. Before noon the price was quoted
ct 119 and again before the close il went
back 10 1913. The early decline was based
on the fall in The loaning rate, which
was taken 10 indicate the conclusion of
the squeeze against the shorts, and the
subsequent recovery came with the an
nouncement of the advance in the price
on the product by the companies alleged
to be engaged IN a trade war of extermi.
nation. The enormous volume OF the
transactions in this speciality gave it nee
essarily some sympathetic influence on the
general list.
The railroad list general showed ten
dency TO drag and recent leaders We're
sustained at level above Saturdays prices,
with difficulty, in spite of the additional
advantage of some very striking gains In
usually inactive stocks Finding the diff
Guilty of moving the recent leaders, specu-
lation showed a tendency 10 turn In the
lower priced stocks. The Southwestern
railroads were most conspicuous. In addi-
ton TO the Flint and Pere Marquette
stocks moved up points each, Kansas
City. Pittsburg and Gulf advanced an ex-
treme 27s, and Chicago and Alton 1884
touching 167. The Pittsburg and Gulf
al eshn avlra efY Tn
the industrial list conspicuous gains We're
achieved by the National Biscuit stocks.
Spirits preferred, the International Pa
per stocks, Linseed Oil and Manhattan,
the Changers and the Pacific, and the
Iron and Steel stocks showed an increas-
ing heaviness as the day progressed and
some fell below Saturdays close, while
none of them show net gains of more than
a fraction.
The money market was rather active,
and frmer to-day and some apprehension
is felt of future rise in rates.
Atchison adjustments continued to lead
the bond market and there was notable
activity in Wisconsin Central firsts, which
declined 13s, and in Texas and Pacific sec
ond incomes, and some other middle grade
and low grade issues, at advancing prices
But some of the high grade per cent
bonds which have recently been con-
spicuous for strength, including the Atchi-
son and Northern Pacific Union Pacific,
Erie, Reading and Norfolk and Western
were disposed 10 reaction.
Total sales amount 70 $7,6S5, 600. United
States new As, registered, and the IS. reg
istered, declined u. and the 5s, coupon, ad-
vanced Is in the bid price.
The total sales of stocks were 667, 40O
shares, including 34,6OO Atchison; S572O dc
preferred; 1860 Chicago, Burlington and
Quincy; 27,135 Louisville and Nashville;
1886 North American; 7092O Rock Island
1870 Union Pacific; s., $40 St Paul; 6.91C
International Paper; Il, $50 American To-
bacco; 1l,195 Bay State Gas; S,S6l Federal
Steel; 12.1S7 do preferred; 1880 Peoples
Gas; bliss Sugar; 1850 Chicago Great
Western; 5,Sl5 st. Louis and Southwestern
preferred.
New York Closing Stocks.
Atchison ........ 1594 st. L. & S. F.. IA
do pref ........ 421A do do pref 49,. 66H
B. & Ohio 40 do do End pref 39h
Can. Pacific =. $685. ST. L. & S. W.. 81,