The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-09-13

e5 asked; GranHeville Factory, l4O bid. las
asked; Langley Factory, 100 bid. 1Ol ask
ed; Enterprise Factory, common. 80 bid,
| "a asked; J. r. King Manufacturing Com
/ pany, 100 bid, 10l asked; Sibley Manufac-
turing Company, 70 bid, rs asked: Savan-
nah Brewing Company. 20 hid, 1Ol asked
I New York, Sept. 12.-Money on call. Sd
per cent; last loan. 3 per cent Prime
/ mercantile paper, 4G5Ih per cent Sterling
/ exchange heavy, with actual business in
/ bankers bills at "a S4l4 "A S415 for demand.
/ and at $4.S2l444. S2l2 for sixty days. Post
/ ed rates, A.S3iad4. $50. Commercial bills.
! A.8l12Q4.S5. Bar silver 609kc: Mexican
/ dollars, 463lc. Government bonds were
1 firmer.
| New York, Sept. 12.-There was a contin-
uation of apparently urgent liquidation on
| the stock exchange this morning, which
/ speedily wiped out the recoveries of Satur-
! DAY and carried prices sharply below the
! lowest level of last Friday for nearly all
standard stocks. But the pressure of hqui-
| datlon seemed to be relieved by noon and
! there was a disposition to pick up stocks
! quleuy and to accord support TO weak
| spots, notably St Paul. The dealing in odd
| lots IN some of the standard dividend pay
ers also became quite a feature, indicating
| supply of money Tor investment, not
Mlthstanding the stiffness of the local call
| money market. Weakness in some of the
! industrial specialties caused the market to
| ease on again before the close but the
! last prices of the railroads were in many
! cases at sharp recoveries from the lowest
Nevertheless marked net losses resulted
| IRON the days trading owing 70 the sever
| ity Of the pressure early i'll the day There
! was continued apprehension over the out
| look Tor money, but the government crop
| report and the snow storms in the West
We're also material factors There was no
actual developments to account for a de
| cine of apprehension over the money mar
ket outlook and how far This feeling was
connected with a reported conference of
! leading bankers is not certain.
There was a growth of a conviction that
! there is large available supply of money
! at least outside of New York city. Money
/ rates are easy at interior points and there
as even buying of commercial paper in the
/ New York market by Western banks. II
is quite possible also that large amount
I of the new government threes might be
made available both for purposes OF cir
! culation and as security for government
| deposits in the banks than has yet been
| the case, in the event of any real strin-
gency of money. Nevertheless, the drain
OF cash from the banks to the sub-treas-
ury on account of subscriptions to the
loan continues and the treasury was
even creditor at the clearing house to-
day on account of an accumulation of
drafts from interior depository banks in
which government deposits have exceeded
their security by reason of heavy internal
/ revenue collections.
There were rumors all day of engage
ments of gold for import, but none of these
were confirmed The easier tone of the
market and the consequent recovery in the
stock market were apparently due to other
causes. The large foreign demand for
wheat and the evidence of underlying
strength in the wheat market in face of
the bearish government crop report had
| some influence in the stock market.
/ nd y1roe dV11 G
some weakness in sympathy with stocks.
Total sales $1,670 600. L. S. IS advanced Is
and the old Is registered Z in the bid
price.
The total sales of stocks were 879,SOO
shares, including Atchson preferred 1890;
| Chicago Burlington and quincy, 18,405;
Louisville and Nashville, 6452; Manhattan
Elevated, 1856; Metropolitan Street Rail-
way, 1882; Northern Pacific, 1867; do pre-
ferred, AGO; Rock Island, 1880; Union
Pacific, 121O5; st. Paul. H,31S; Union Pa
cific, preferred, 16,4SS American Tobacco
Co., 5000; Peoples Gas. 1855; Sugar q, 4S4.
New York Closing Stocks.
Atchison ........ 1875 do pref. .......15612
do pref. ...... 34!aiSt. 2. & ON. =. SOS
3. & Ohio 4l14 do do pref lbs
Can. Pa. ....... Sc St. T. NJ. & M.1a
Can. So. ....... 52Sz So. Pa. ......... 21A
Cen. Pa. ........ p $50. Ry. ..........
G. & Ohio ....... 225s do pref. ........ 1894
C. & Alton ....160 Tex. & Pa. 900. 1875
! c., B. & Q. .....114 I'm Pa. pref. =. 631s
@. & Z. H.. .... SO ~. p. d. & G. -. els
C.CC. & ST. L. Al Wabash .......... SL4
do do pref. e. So do pref ........ 2O1a
d. & Hudson ..105a4 w. & L. E. ...... 21s
D.. l.. & w. ....151 do do pref. ... 14l 2
ID. & Rio G.. .... 15A Adams Elk. lilo
do pref. ....... $40 Am. Elk. ........13O
Erie new ...... 1872 United States e. 40
do LIST pref =. 1854 Wells Fargo ...12O
FIT. Wayne ......172 "A. Cot. Oil ..... 34ss
G. N. pref. ....1S312 do pref ........ So
Hook. Valley ... 53A Am. Spirits ..... 1919
H. Cen. .........1i2 do pref. ....... IS
L. E. & w. 800. III Am. Tobacco ...145la
do do pref .... 7312l do pref. .......125
Lake Shore ....1923l Peoples Gas ...103l5
L. & N. ........ 567s Cons. Gas. .....1Sl
Man. L. ......... 9612 Com. C. Co. ....170
Mt. St. Ry. go. .1567siC., F. G. Iron . 2l1a
Mich. Cen. ......106 do do pref. 49,. 50
MINI. & st. L. 2615l Gen. Electric . 4S2t
do do list pref SO III. Steel ......... 6S1a
Mo. Pa. ......... 327si La Clede Gas &c. 4S2
NJ. & Ohio ...... p Lead ............. SI1a
Mo K & T. e. 112l do pref. 1892
do pref ........ 1872 Nat. Lin. Oil 80. 5
c.. Ind. & L. 8si Pa. Mail ........ 321h
do pref. ...... 80 Pun Palace 1S61a
N. j. Central .. S91ASi Certificates 60A
N. Y. Central ..11124 S. Rope & 7. ... u.
N. Y. c. & StL. 10 Sugar ............1 1865
do do LIST pref. 60 do pref ........114zs
do do Ind pref. % T. c. & Iron go. 2l1s
Nor. s. West. =. 141aIU. S. Leather &c. rs
No. Am. Co. -. 65s do pref ....... 69lz
No. Pa. ......... 37AlU. S. Rubber .... 411a
do pref. ...... 769s do pref .......1 021s
On. & w. ...... 5l2West. Union -. 927s
ore. r. & Nav. 5512l Northwestern ...131
Ore. S. Line -. "a do pref .......175
Pittsburg .......l69 st. L. & S. W.. 3
Reading ......... IS do pref ........ 1134
Rock Island ....102 r. c. & w. .". q
St. L. & S. f. Sc do pref. ....... 81
do do lst pref. 649sC. G. w. ........ 145s
do do End pref. Sl9l Hawaiian c. Co 272z
st. Paul .........109
Bonds
U. S. IS ........1O5Al do IS ........... 66A
U. S.new As, reg. 127l4l do As ...........101
do coup. .127Il n. Y. c. & St L.
U. s. As .........11012l As ...............123
do coup. ......l11lal Nor. & w 6s IA
do DDS ........ 80 Northw. con. ...119A
u S. IS, reg ...112AI do deb. 5s ....1143s
do IS, coup. ..112iiO o. Nav. lists =. 993l
District 65s ..11614 o. Nav. As ....105
Ala Glass A....10S O. Imp. lists t. r102la