The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-12-31
PAGES 8 10 10.

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1877 bid, 200 asked.
Gas Stocks-Savannah Gas Light stock.
2ila bid, % asked: Electric Light and
Power Company, IS bid 80 asked ex-dlv
Bank Stocks. Etc.-Ctizeus Bank, 108
bid, = asked; ex-dv: Chatham Bank, 47ia
bad, asa asked; ex-div. Germania bank,
los bid, asked; ex-div
bid, asked. Merchants National Bank,
$50 bid r. asked; Oglethorpe Savings and
Trust Company. 1872 bid asked ex-dlv.
Southern Bank of the State of Georgia, 40
bid, l3l asked; Savannah Bank and Trust
Company, 1903 bid, asked; ex-div Chat
ham Real Estate and Improvement COM
pany, a, 55la bid, SIS asked; b. SIS bid. 55ik
asked; Peoples Savings and Loan Com
pany 1914 bid, "a asked.
Factory Bonds-Augusts Factory. 1916
bid lo6 asked; Sibley Manufacturing Com
pany 6s, 100 bid, 102 asked; Eagle and Phe-
nix Mills per cent bonds, due 1923. l0lls
JOB asked
Factory Stocks-Augusta Factory. So
bid, 60 asked; Granteyille Factory, $40 bid,
$40 asked, Langley Factory, 100 bid, l0l
asked; Enterprise Factory common, 10
bid. 81 asked; j. r. King Manufacturing
Company, 100 bid, 10l asked; Sibley Manu-
featuring Company 70 bid. &c asked; Sa-
vannah Brewing Company. 10l bid, 1903
asked
New York, Dec. 30.-Money on call was
steady az 2@3 per cent; the last loan was
at per cent Prime mercantile paper Sl0
3& per cent Sterling exchange steady
with actual business in bankers bills at
I.84l4a4Si1a for demand and al S4s1sig
4S2 for sixty days. Posted rates. @.s2la
and ASjB Commercial bills, S4.80iz@4sl.
Silver certificates. 59ia0G0kc. Bar silver
b9c. Mexican dollars 469se. Government
bonds were strong; state bonds were firm;
railroad bonds were strong.
New York. Dee. 30-The total bank
clearings in the United States for the
week We're Sl,409 SOP, $50; per cent increase,
1871. Exclusive of New York, 1922, 900, 1876;
per cent increase, lz5.
New York, Dee. 3O-stocks rose contin-
uously to-day, with none of the customary
reactions and lefi off strong at fractional
gains Ia the standard railway shares and
OF very material gains In various special
ties That were prominent in the days
transactions. The London market, whore
the fortnightly settlement passed off fav-
vorably. opened away up on purchases,
partly for American account
There was also genuine buying for for
eign account, owing TO the dsinelnation
Of London operators to await a possible
January boom, and American rails closed
at about the best. The initial rise, locally,
was not quite up TO the London figures,
but trading was active and very broad
Commission house buying overcame really
ing sales Industrals were particularly
strong, and Rock leland led the Changers
upward. Public interest Increased as the
day wore on. and prices were gradually
lifted.
There was sensational advances Success
siyeiy in New York Air Brake, Long Is
land Railway. Delaware and Lackawanna.
Great Northern preferred, and Pullman,
Des Molnes and Fort Dodge, and Ameri-
can Steel and Wire All maintained the
greater part, If not ALL of their advance.
except New York Air Brake, which, after
Il rise Of points, reacted 10A and ended
unchanged for the day. Sugar, Federal
Steel Reading. and Jersey Central surged
upward, although Sugar and Jersey Gem
trail subsequently eased OFF
Bay State Gas showed heaviness and
lost about / point, the rumored deal of
yesterday being denied The belief that
next year VIII witness more harmonious
arrangement ia the Anthracite trade was
largely responsible for the rise in Read
ing and other hard coal carrying roads.
Continued favorable railroad and trade
reports and prospective easy money stim-
uated the buying, closing the year Of
Stock Exchange trading ia a whirl Of ac-
tivity and strength, with many securities
at The highest prices of the year
The bond market shook off It's late hes-
fancy and coursed upward with particu-
larly large purchases Of Reading Is, which
touched 80. Total sales, $5455,000
The total sales of stocks were s66,700
shares including 55S3 Atchison, $500
Atchlson preferred, 1920 Central Pacific.
$3.50 Chicago Burlington and Quincy. 1900
Erie first preferred, $3.50 Manhattan, CO.'S
Great Northern preferred. $4,000 Reading
first preferred, $500 Missouri Pacific, 15.-
Hr D,ta ri