The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-11-19

Charlotte, Columbia and Augusta first S.
JOG bid, 107 asked; Charlotte. Columbia and
Augusta second mortgage Is. III bid, us
asked; Georgia Southern ana Florida new
5s 107lb bid, los asked; South Georgia and
Florida first mortgage Is, le0 bid, lOl
asked; South Georgia and Florida second
mortgage Is 100 bid l0l asked: ocean
Steamship per cent. bonds, 1926, 1912 bid,
1855 asked City and Suburban Railroad
first mortgage Z per cent bonds, 100 bid,
102 asked; Alabama Midland per cent, in
siorsed, 80 bid 81 asked; Brunswick and
Western As, % bid. 70 asked; South Bound
Railway 5s, s. bid, - asked; Georgia and
Alabama first preferred js, l@ bid, lOi ask
ed; Georgia and Alabama cons. 5s, 80 bid,
81 asked Eatonton branch, % bid, 81 asked;
Central of Georgia, Middle Georgia and
Atlantic division 5s, So bid, Sc asked.
Railroad Stocks-Augusta and Savan-
nan. 1902 bid, lOl asked: Southwestern,
1901 bid, 10l asked; Atlanta and West
point stock. 10 bid, 112 asked. Atlanta and
West Point per cent. certificates, 1903
bid. 1O4 asked; Georgia common, 1871 bid,
19S asked
Gas Stocks-Savannah Gas Light stock,
q bid "A asked: Electric Light and Power
Company. "A bid. IS asked.
Sank Stocks, Etc.-Citizens Bank, 1104
bid. Ill asked; Chatham Bank. a bid,
as asked: Germania Bank, 1l0i2 bid. llli2
asked: National Bank of Savannah, l26
bid. 127 asked; Merchants National Bank,
S31k bid, S415 asked; Oglethorpe Savings and
Trust Company, 1O5 bid, l07 asked; South
ern Bank of the State Of Georgia, 100 bid,
131 asked: Savannah Bank and Trust Com
pany. 1O8 bid, 1O4 asked; Chatham Real
Estate and Improvement Company. A 5515
bid. Sc asked; b, S. bid, 55i5 asked; Peo-
pies Savings and Loan Company, SO bid,
"a asked.
Factory Bonds-Augusta Factory, 1O5
bid. 1O6 asked; Sibley Manufacturing Com
pany 6s 100 bid, 102 asked: Eagle and Phe-
nix Mills per cent. bonds, due 1923, lOl
bid 102 asked.
Factory Stocks-Augusta Factory, S.
bid, IS asked; Graniteville Factory, 40 bid.
Jas asked; Langley Factory, 100 bid, 10l
asked Enterprise Factory, common, 80
bid, "a asked; j. r. King Manufacturing
Company 100 bid, lOl asked; Sibey Man
ufacturing Company, 70 bid, rs asked; Sa-
vannah Brewing Company, 101 bid. l03 ask
ed.
New York. Nov. 1S.-Money on call was
easier at 12d2ia per cent: the last loan
was at per cent. Prime mercantile pa
per, 304 per cent. Sterling exchange easy,
with actual business in bankers bills at
s4.s5AGAS5ls for demand and at SS2hd
4S21s for sixty days. Posted rates. 81 S31
4S6IR. Commercial bills. SAS1a4a1z Sill
YER certificates. 6OlaQ61zc. Bar silver,
60ssc. Mexican dollars. 47lsc. Government
bonds strong; state bonds inactive; rail-
road bonds irregular.
New York. Nov. lS-The total bank
clearings for the week were 81, TT US. f65;
per cent. increase. $50. Exclusive of New
York 1914 Sos ,063; per cent increase, 1879.
New York, Nov. 1S-There were weak
points in the stock market to-day, but the
underlying elements of strength promised
at one time to overcome obstacles and
carry prices uniformly 10 a higher level
Apprehension of a weak showing in to-
morrow's bank statement turned the tide
toward the side of reaction in the late
dealings. The level of prices was in most
cases carried sharply below last nights
level and net gains were very much reduc-
ed from the extra advance of the day. The
most influential factor in causing weak
ness was the obvious liquidation going on
in Northern Pacific, which is attributed
to be one of the leading financial interests
in the property.
Delaware and Hudson was raided down
to 1884. with accompanying rumors of
dividend reduction This is the lowest
price for several years and Is an accur-
ale reflection of the decline in the anthra-
cite trade, other stocks affected by that
trade falling in sympathy. Notwithstand-
ing these elements of weakness the mar
ket showed good recuperative power, the
buying of Peoples Gas particularly being
a sustaining factor.
The expectation of an unfavorable bank
statement is based on the known activity
of the week in the money market, which
must have largely increased the reserve
requirements by expansion of loans. There
is nothing in the currency movement to
the interior or sub-treasury operations to
indicate a large increase in cash to meet
the requirements so that a further de-
crease in surplus is looked for. The local
money market continued easy to-day.
The bond market showed a tendency to
run off in the late dealings, except for
few strong spots after a period of earlier
strength. Total sales So, 275,0OO limited
States 3's and the new As, coupon, ad-
vanced y in the bid price
The total sales of stocks were 476 200
shares, including S,367 Atchison; $50 pre-
ferred; $3.50 Baltimore and Ohio; H. 74s
Chicago Burlington and Quincy; 6.0Ol Del
aware and Hudson; 10 155 Denver and Rio
Grande preferred; 3,142 Erie first prefer
red; 1927 Metropolitan Street Railway;
Al, $50 Northern Pacific; $685. preferred; 16-
$50 Rock Island; 12,215 st. Paul;j 5Sl5
Southern preferred; z 1925 Texas Racihc;
10 176 Union Pacific preferred; II, SD Wa
bash preferred; 6,S27 International Paper;
3,454 Bay State Gas; 22,34S American To-
bacco; 1850 Federal Steel; 5S,S15 Peoples
Gas; 1887 Sugar; $3.50 Chicago Great
Western.
New York Closing Stocks.
Atchison ........ 1873 do pref ....... 63
do pref ........ 44h Rock Island 1073sl
Balt & Ohio =. 519sl st. L. & S. F. 77s
Can. Pacific .... SiI4 do pref ........ 65l4I
Can. Southern . "a do 2nd pref S1%
Cent. Pac. ...... PA St. L. & S ". 52
Ches. & Ohio -. 234 do pref - IA
Chi. & Alton .1GO St Paul . s41b
Chi. B. & Q. ..i1SAl st. p. & ON. =. "a
Chi. & e. Ill. 5lAl do pref ........16s
do pref ........10SlAl St p NJ. & NJ. .172
Chi. G. w. .... 1885 So. Pacific oil.
Chi. Ind & l.. s So Railway 49, or