The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-11-11
PAGES 9 TO 10.


1924 los bid. l09 asked; Central Railroad
and Banking Company, collateral IS 20
bid 80 asked; Central of Georgia RAN
road first mortgage So. 50-year gold bonds.
ll6 bid, III asked; Central of Georgia Rail-
way first consolidated mortgage IS, 30
bid, 81 asked Central of Georgia Rail-
way first preferred incomes. SO bid. 81
asked Central of Georgia Railway second
preferred incomes IL bid, ~ asked;
Central of Georgia Railway third
preferred incomes, "a bid, So asked.
Georgia Railroad 6s 1910, lis bid, III asked;
Charlotte. Columbia and Augusta first 5s.
100 bid, 107 asked Charlotte Columbia and
Augusta second mortgage Is. III bid, 11s
asked Georgia Southern and Florida new
5s, 1861 bid, l07 asked; South Georgia and
Florida first mortgage U.s. 100 bid lOi
asked South Georgia and Florida second
mortgage rs, 100 bid, 10l asked Ocean
Steamship per cent. bonds, 1926 l0il5 bid
1852 asked; City and Suburban Railroad
first mortgage per cent. bonds 100 bid
1902 asked; Alabama Midland 3 per cent in
dorsed 90 bid, 81 asked; Brunswick and
Western A.. 70 bid. 70 asked; South Bound
Railway bs, "a bid, So asked; Georgia and
Alabama first preferred IS, 1Os bid, 1O4 ask
ed Georgia and Alabama cons. IS, 90 bid,
81 asked Eatonton branch, 10 bid, 81 asked:
Central of Georgia, Middle Georgia and
Atlantic division 5s, "a bid, So asked
Railroad Stocks-Augusta and Savan-
nah, 100 bid, 10l asked; Southwestern.
100 bid 10l asked: Atlanta and West
Point stock. 10 bid, 1l2 asked; Atlanta and
West Point per cent. certificates. 1903
bid, 1Oi asked; Georgia common, 1871 bid,
1888 asked.
Gas Stocks-Savannah Gas Light stock.
% bid, % asked; Electric Light and Power
Company "a bid 70 asked.
Bank Stocks. Etc.-Cltzens Bank 110A
arIra Is IL
AZ asked; Germania Bank 110i9 bid 1l1h
asked National Bank of Savannah, 1926
bid, 127 asked; Merchants National Bank,
81 bid, So asked; Oglethorpe Savings and
Trust Company, los bid, 107 asked; South
ern Bank of the State Of Georgia, 1870 bid,
1871 asked; Savannah Bank and Trust Com
pany, 1903 bid, 10i asked; Chatham Real
Estate and Improvement Company, A, 555
bid 56 asked; b, So bid 551a asked; Peo-
pies Savings and Loan Company, 90 bid,
"a asked.
Factory Bonds-Augusta Factory, 105
bid l06 asked; Sibley Manufacturing Com
pany IS, 100 bid, 1902 asked Eagle and Phe-
nix Mills per cent bonds, due 1928 l01
bid 102 asked.
Factory Stocks-Augusta Factory, IS
bid 65 asked; GranitevIlle Factory 140 bid,
l45 asked; Langley Factory 100 bid 101
asked Enterprise Factory, common, 80
bid. "a asked; j. r. King Manufacturing
Company, 100 bid, lo1 asked; Sibley Man.
ufacturing Company, 10 bid, 76 asked; Sa-
vannah Brewing Company, 10l bid, 1903 ask
ed
New York, Nov. 10-Money on call was
steady at 2@2h per cent the last loan was
at per cent Prime mercantile paper 304
per cent Sterling exchange weak, with
actual business In bankers bills, 81 S5ilGD
1854 for demand. and az 81 S2l4 .s214 fer
sixty days. Posted rates, 81. S3Gi4 .S31s and
aaI Q
Yer certificates, 6O1506lkc. Bar silver
6Olac. Mexican dollars, 47c Government
bonds strong. State bonds strong Rail-
road bonds strong.
New York, Nov. 10.-Prices surged up
ward on the Stock Exchange to-day with
what can only adequately be described as
rush and a roar II was day OF furious
activity throughout in all departmental
and the closing was at boiling point, and
at the best prices OF the day. The great
est interest and activity was shown IN the
railroad securities of all classes, and neat
ly all of these, which were traded In, show
at least / per cent. higher for the stock
The majority show gains of between l and
2 per cent. The Industrlals and other spe-
cialities fell into the background both
relatively and absolutely aud were almost
totally neglected until the later dealings.
Sugar, Brooklyn Transit, Federal Steel
stocks then sprang into activity. and
scored substantial advances before the
close. In the case of some stocks high
record prices were made to-day, and in the
case Of many others the high prices of the
year which prevailed about the first of
September, We're approximate. There can
be no doubt that the strength -of the mar
ket Is attributed to the feeling of relief
that the unsettling doubts and uneertain-
ties over the election are a thing of tho
past, and to confidence that the generally
prosperous condition OF the country is sure
to essert Itself and lift values 10 higher
level. Baltimore and Ohio rose 2ss, and
Norfolk and Western preferred was at one
time up 311. Reports from the iron trade
of a drift toward a lower range Of values,
which might ordinarily be expected to
have a marked effect on the stock market,
were passed unnoticed
London buying was again q marked fea-
ture, and commission house business was
on an enormous scale, fairly taking the
market out of the hands of the traders
and eating up ell offerings TO take profits
without appreciable check 20 the days
continued advance.
The days business In bonds hold the
record in volume OF transactions. All
classes of mortgages were IN demand, but
the reorganization issues continued the
favorites, there was, however, a well dis
tributed business in high grade bonds and
many speculative issues were brought for
ward in the movement. Total sales &c.,
045,00O
United States new As registered advanced
NC. new As coupon ss the Is and the IS
registered u and the old As registered and
the IS registered In the bid price. The to-
tai sales OF stocks were 1888. 500 shares, in
Guiding iO2OO Atohison. 5000 Atchison pre-
ferred, 3d. 375 Chicago, Burlington and
Quincy 1900 Denver and Rio Grande pre-
ferred, 1870 Louisville and Nashville, H.
$50 Manhattan, 5,90S metropolitan Street
Railway, 1870 New York Central 4l.22O
Northern Pacific. 10, i20 Northern Pacific
preferred, $500 Rock Island 5000 Union
Pacific. 60 1855 St. Paul. 81 1920 Union Pacific
preferred, 1850 Tobacco 1920 Steel &c.
500 Steel preferred. 10, l2O Peoples Gas. Co.
72O Sugar. $3.50 Tennessee Coal and Iron.
New York Closing Stocks.
Atchison ........ 1884 st. l.. & S. F.. IA
do pref ... S9s4 do do pref. 49,. 65
Bait & Ohio .. 479t do do End do 30A
Can. Pacific go. S3A ST. L. & s. W.. 81