The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-11-17
PAGES 8 TO 10.

Charlotte, Columbia and Augusta first SIS.
106 bid, lO7 asked; Charlotte, Columbia and
Augusta second mortgage rs. III bid, 1lS
asked Georgia Southern ana Florida new
5s 1914 bid, 1OS asked: South Georgia and
Florida first mortgage Is, 100 bid, l0l
asked; South Georgia and Florida second
mortgage Is, 100 bid. 10l asked: Ocean
Steamship per cent bonds, 1926, 104ia bid,
1885, asked; City and Suburban Railroad
first mortgage per cent. bonds. 100 bid,
1902 asked; Alabama Midland per cent. in
dorsed 80 bid, 81 asked; Brunswick and
Western IS. 73 bid. 70 asked; South Bound
Railway 5s, s. bid, - asked: Georgia and
Alabama first preferred 5s, los bid, l0l ark
ed; Georgia and Alabama cons. 5s, 30 bid.
81 asked; Eatonton branch. - bid 81 askeds
Central of Georgia. Middle Georgia and
Atlantic division 5s IS bid. Sc asked.
Railroad Stocks-Augusta and Savan-
nah, 1902 bid, l0l asked: southwestern
1904 bid 10l asked; Atlanta and West
| Point stock 10 bid ll2 asked; Atlanta and
West Point per cent certificates, 1903
bid, 10i asked; Georgia common, 1871 blds
! 19S asked.
| Gas stocks-savannah Gas Light stock.
! % bid, "A asked Electric Light and PoweH
| Company. "A bid 70 asked.
/ Bank Stocks, Etc.-Cltizens Bank, 110i2
bid. Ill asked; Chatham Bank. Al bid,
| As asked; Germania Bank, 1l06 bid, ll1la
| asked; National Bank of Savannah, 1926
| bid, 127 asked; Merchants National Bank.
| 1871 bid. Si1a asked; Ogiethorpe Savings and
| Trust Company, l05 bid. iU asked; South
! ern Bank of the State Of Georgia, 1870 bid
! 131 asked: Savannah Bank and Trust Conn
: pany 1903 bid, 1914 asked; Chatham Real
! Estate and Improvement Company, A, 55iz
bid SO asked; d, So bid, 551a asked; Peo-
Piles Savings and Loan Company. SO bids
| 81 asked.
Factory Bonds-Augusta Factory, 100
bid JOG asked; Sbley Manufacturing Com
pany 6s. 100 bid, 102 asked Eagle and Phe-
nix Mills per cent. bonds, due 1928, l0f
bid 102 asked.
Factory stocks-Augusta Factory, So
bid Go asked Grantevllle Factory, 40 bid.
145 asked; Langley Factory, 100 bid, l01
asked Enterprise Factory common, 30
| bid "a asked; j r. King Manufacturing
Company, 100 bid, 1O1 asked; Sbey Man
ufacturing Company, 70 bid. 76 asked; sa-
vannah Brewing Company, 101 bid, 1oS ask
ed.
New York Nov. 1G.-Money on call was
| steady at 202iA per cent; the last loan was
at per cent. Prime mercantile paper,
| 3lE4 per cent. Sterling exchange steady
/ with actual business in bankers bills 20
| S4S5hGfiS5Ih for demand, and at A,S2h for
! 60 days posted rates. &s3 and %S6hI
commercial bills. $4S9a4SS1k. Silver GER
| tifcates. 607km6lhc. Bar silver, CONC.
Mexican dollars, 47l4c. Government bonds
were easier: state bonds were firm; rail-
road bonds were weak.
New York, Nov. 16.-Apparently tha
watchers who have been waiting for re-
! action in the market 20 buy stocks made
up their mind that this mornings decline
was the most that could be looked for
under the circumstances, and they ac-
cordingly came into the market in great
force and before the end of the day had
wiped out the earlier losses almost entire
| " and established a higher range OF VAL
.,1art rfa4il
net gains are. in nearly all cases. confined
to fractions, the extreme rise from the
low point in the majority OF active stocks
| amounted 20 / per cent. or over and the
| closing was active and quite strong at the
| top. Morning losses were not made with
out resistance notably by Atchison pre-
| ferred the Union Paelflcs and some OF
the speclalties Chicago and Northwest
| ana Omaha also showed strength before
the break but the very heavy offerings
OF the Northern Pacific stocks proved too
heavy a burden for the market to carry,
especially as London continued disposed
70 realize in the international securities.
The Northern Pacific fell over point be-
| low last might and the whole list receded
| below last nights level. Some stop loss
| orders were uncovered on the way down,
but orders In commission houses to buy
were encountered in an Increasing
| amount and the sharp advance In the
| Northwestern BlOchS anu OHldiih
from ia to 3% turned the whole market
upward The selling for London account
also changed to a buying demand at the
lower level There were, for the most
part simply arbitrage operations, based
on the disparity between London and New
York prices The session of the Paris
peace conference and the fixing OF date
for the future meeting, afforded some re-
lief from apprehenslons OF rupture which
have prevailed In London. In the local
money market, although Sterling Ex-
change held steady end New York Ex-
change at Chicago fell to par while the
currency movement on balance continued
away from New York. the rate for call
money eased off a fraction toward the
close of the day, and the demand for time
money was less active.
There was a falling off on activity I'm
the bond market in sympathy with stocks
though the tone improved before the close.
Louisville. Evansville and St. Louis con-
solidated trust receipts rose points over
yesterday and IA points over Monday. To-
tai sales s4,375,0o0. United States new a.
coupon declined * In the bid price. The
total sales of stocks were $4,000 shares,
including 1910 Atchison; S5,564 do pre-
ferred; 1926 Baltimore and Ohio; 1l,S45
Chicago, Burlington and Quincy; 2l,9s5
Louisville and Nashville: 6.295 Manhattan;
30 6S5 Northern Pacific; S1S7 do preferred:
1855 Missouri Pacific; 2O5l5 Rock Island;
2S 29O 81. PAUL 5595 st. Paul and Omaha:
1880 Union Pacific; $3.50 Southern pre-
ferred; 1860 International Paper; SSS0S
American Tobacco; sos Bay State Gas:
9,075 Federal Steel; 1854 do preferred:
1880 Peoples Gas; 1S,46l Pacific Mail;
$3.50 Sugar; 1881 Chicago Great West
ern.
New York Closing Stocks.
Atchlson ......... 16 Rock Island ..1077sI
do pref ....... 44A St. l.. & s. f.. 731lI
y. e. Ohio...... 5lisl do do pref. 651aI
Can. Pacific 80. 81 do do I'd pref. S2Al
Can. Southern =. 54ilS L. g. s. W.. 51a
Cent. Pacific % do do pref. 1919