The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-01-08

bio, - asked, ex-div.; Chatham Bank AZ
bid, - asked, ex-div.; Germania Rank 10S
bid, 100 asked, ex-div.: National RapI5
OF savannah, 124 bid. 126 asked. ex-div :.
MSrcnahts National Bank, 81 bid. 50
asked, ex-div.; Ogiethorpe Savings ana
Trust Company 1903 bid, 49, asked. ex-div =,
Southern Bank of the State of C,corgta
lao bid 145 asked, ex-div; Savannah RAM
and Trust Company lOl bid, - asked,
Chatham Real Estate and Improvement
Company, A, SAY bid, 55la asked: r. "a hi1
DIE asked, eX-dlY.; Peoples Savings and
Loan Company, SO bid, 100 asked
Factory Bonds-Augusta Factory 6s 1ot
bid. lO2 asked; Enterprise Factory ss 100
bid, 101 asked; Eagle and Phenix Mann.
featuring Company per cent, bonds -
bid, 40 asked; Sibley Manufacturing Com
rany 6s, 1o1 bid, 102 asked.
FACTORY Stocks-Savannah Cotton Fac
tory, bid, 10 asked Augusta Factory
80 bid, SO asked Gronitevilie Factory 115
BID, l5l asked; Langley Factory, 1O4 bid
1854 askedj Enterprise Factory, common
80 bid, $ asked; j. r. King MANUFACTURING
Company, 104 bid, 105 asked; Sibley Manu-.
featuring Company, 20 bid, 76 asked sa-
vannah Brewing Company. SO bid, "a asked
new york, Jan. Mooney on call was
easier at 21a63 per cent; the last loan was
at Pa per cent. and closed al Sd31b per
cent Prime mercantile paper, S1ba4 per
cent. Sterling exchange was firm. with
actual business in bankers bills at S4S5t5
for demand and at 81 S27s for sixty DAYS:
posted rates, &.S31sa4SS Commercial bills.
A&. silver certificates, 571k657Ssc. Bar
silver SIC. Mexican dollars, 45%c. Gov
eminent bonds were strong; state bonds
were dull; railroad bonds were strong.
Washington. Jan. 7-To-day's statement
or the condition of the treasury shows
available cash balance. 1924, 175, 1893; gold re-
serve, 1851. ZIG, O22.
New York, Jan. 7.-Evening Posts Lon
don financial cablegram says: "The stock
market here was active and generally
buoyant to-day. China and Japanese
stocks were very strong. Americans were
distinctly good. The feature was the fur
Their sharp rise in New York Centrals or
the funding scheme. Berlin agents bought
Americans and the dealings here increas.
ed The close was at the best Spanish
ana other international stocks were strone
on Paris buying"
New York, Jan. THE market foI
stocks to-day did not differ materially
from that of yesterday. The aggressive
bun mood of the speculative world con.
tinued in full force, and all the large pro
fessional operators were buyers of stocks
That they We're reinforced by a marked
addition of outside interest in the market
was SHOWN by the large number of orders
IN speculative stocks placed through com
mission houses. There was also a contin.
ued absorption of bonds of all descrip-
ton, very heavy orders being placed.
The pressure for funds for reinvestment
which has been released by the January
dividend and interest payments was very
obvious to-day Efforts were made by
the banks and money lenders to keep the
rate for money as high as per cent
Loans were, in fact. placed at 3h PEI
cent, but the rate sagged off to per
cent, and the last loan of the day only
commanded ~ per cent. Owners of money
were also lively bidders for commercial
paper. London was quite a large buyer
in this market of several of the interna.
tional stocks, notably Union Pacific ana
Louisville and Nashville.
The Vanderbilts continued to hold the
leading place on the reported determine.
ton of the controlling interest in these
properties to see traffic rates maintain.
ed. There was also a renewal of the old
reports of the combine involving these
lines and looking to the through trans.
continental traffic. The most conspicuous
in this movement was the Susduehanna
and Western. The break in this stock
caused sympathetic weakness in all The
Coalers
Changes for the day show a net fraction.
al gain, but the tendency was most pro-
nounced in the recently active stocks OF
local corporations. The realization of the
last hour, invited by the days notable
rise affected the specialties most which
effect was quite marked throughout the
list reducing the net gains sharply in some
cases. The net gains outside the Coalers
and a few specialties were all the way
from fraction to over point. The abun-
dant replenshment of the call money
market has led to talk of a surrender 10y
the banks of the government deposits now
in the vaults on account of the Union Pa
cifc payment.
The bond market continued very notably
active to-day, and there are large num-
bers or shares showing a gain OF over
per cent. Total sales were $1455,000.
United States AZ, registered, were X higher
bid, and the new As were z higher.
Total sales of stocks to-day were AS, $50
shares, including Atchison preferred 1000;
Chicago Burlington and Quincy. 1868;
Chesapeake and Ohio 6.6jj; Erie first pre-
ferred, 3,4S5; Louisville and Nashville, 1893
Manhattan. 1898; Metropolitan Street
railroad, 1886; Reading first preferred,
$780, Missouri Pacific, 10, 455; New York,
Susquehanna and Western preferred, $500;
New York Central. 25.446; Northern Pa
clic, preferred, 1888; Ontario and West
ern, 1850; Reading, $780, Rock Island r. =
$50; ST. Paul, 25,515; Southern preferred,
1898; Union Pacific PATIO; American To-
bacco, IS $50; Chicago Great Western, 1852;
Peoples Gas. 2,29O; General Electric, 13 =
595; Pacific Mail $3.50; Sugar, IS, 326 West
'ern Union, 1913
Bond List.
U.S.new as, reg.129 ". j. G. 5s..... S67sl
do coup. .....l29 N. G. IS .......1l6