The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-01-07

1910. 10 Dld, 1loI2 asked Georgia ! per
cent, due 1926, 10 bid 112 asked; South
Carolina 4ss. JOS bid 100 asked.
City Bonds-Atlauta per cent 1903 bid
10i asked; Augusta 4lss, 1925, 1872 bid, 104
asked; Augusta per cent, 100 bid 1O7
asked; Augusta per cent. 107 bid, los ask
ed Columbus per cent, 1852 bid, 104 ask
cd; Macon, 6 per cent, ia bid, lis asked;
Macon 412s, 1926 104 bid, los asked; Sa-
vannah per cent, quarterly April cou-
pons, 10 bid, 110I3 asked; Savannah per
cent, quarterly February coupons. 110l5
bid, 111A asked; Charleston IS, 90 bid, 95
asked
Railroad Bonds-Savannah Florida and
Western railroad. general mortgage bonds
per cent. interest coupons, III bid, 11S
asked; Savannah, Florida and Western
first mortgage 8 per cent. gold bonds, due
1924, los bid, l09 asked; Augusta Southern,
frsts 5s, 1924, - bid, SO asked; Central Rail-
road and Banking Company collateral 5s
80 bid 81 asked; Central of Georgia Rail
way first mortgage IS, 50-year gold bonds
1171a bid 11Sla asked: Central of Georgia
railway first consolidated mortgage IS, 80
bid, SO asked; Central of Georgia rail-
way first preferred incomes, "A bid 45
asked; Central of Georgia railway second
preferred incomes, Is bid, Is asked; Cen
trail of Georgia railway third preferred in
comes, bid asked; Georgia rail-
road 6s. 1870 1l3 bid, 1l4l2 asked; Charlotte
Columbia and Augusta first 5s, 40 bid, Ill
asked; Charlotte, Columbia and Augusta
second mortgage rs, 116 bid, iii asked;
Georgia Southern and Florida new SIS 100
bid 1O1 asked; South Georgia and Florida
first mortgage Is, 1929 bid, 1882 asked;
South Georgia and Florida second mort
gage Is, 1O3 bid, 105 asked: Ocean Steam
ship per cent bonds. 1926. 10l bid, 49,
asked; City and Suburban railroad first
mortgage per cent bonds "a bid. - ask
ed; Alabama Midland > per cent. Endorsed
80 bid, 81 asked Brunswick and Westt IN
Is, 70 bid, 71la asked; South Bound rail-
way 5s, 73 bid, asked Georgia and Ala
bama first preferred 5s, 102 bid, 103 asked;
Georgia and Alabama cons. IS, 50 bid, SO
asked.
Railroad Stocks-Augusta and Savannah,
931a bid 941a asked, ex-div.; Georgia com
mon. 173 bid, IT'S asked; South
western, 1872 bid, 941R asked
ex-div.; Atlanta and West Point
stock, 1902 bid, 1O4 asked; Atlanta and
West Point per cent. certificates, 1917
bid. 1903 asked; Savannah Constructor
Company, Is bid so asked
Gas Srocks-Savannah Gas Light stock,
% bid, % asked; Electric Light and
Power Company, So bid, II asked.
Bank Stocks, Etc = Citizens Bank, 100
bid, asked, ex-div.; Chatham Bank, 40
bid, - asked, eX-div.; Germania Bank, 1OS
bid, 100 asked, ex-div.; National Bank
of Savannah, 124 bid 1875 asked, ex-div.;
Merchants National Bank, 81 bid. 80
| asked ex-div.; Oglethorpe Savings and
Trust Company 1903 bid, asked ex-div.;
Southern Bank of the State of Georgia,
140 bid, 145 asked, eX-div.; Savannah Bank
and Trust Company, 101 bid, asked:
Chatham Real Estate and Improvement
Company, A. 5415 bid 5512 asked; B, 81 bid,
| 541a asked, eX-div; Peoples Savings and
Loan Company. IS bid, 100 asked.
Factory Bonds-Augusta Factory 6s, 1O1
bid, 1902 asked; Enterprise Factory IS, 100
] i. IL
! featuring Company per cent, bonds,
bid, 40 asked; Sibley Manufacturing Com
pany 6s, 101 bid, 1O2 asked
Factory Stocks-Savannah Cotton Fac
tory, bid, Is asked; Augusta Factory,
80 bid, SO asked; Graniteville Factory, 145
bid, ISL asked; Langley Factory, 1914 bid,
| 1854 asked; Enterprise Factory, common,
90 BID, s6 asked; j. r. King Manufacturing
| Company, 104 bid, 105 asked; Sibley Manu-
| featuring Company, 70 bid, 76 asked; Sa
| vannah Brewing Company. 50 bid 81 asked.
New York Jan. 6.-Money on call was
| firm at 31G312 per cent; the last loan was
| at 3 per cent, and closed At 303l6 per cent.
Prime mercantile paper 9l2d4 per
| cent Sterling exchange strong with act
ual business in bankers bills at 81 500
| ASH for demand and at S4.S23i G4.S3 for
| 60 days; posted rates, &,83l264S6; CONNER
| cial bills 1872. Silver certificates, 5F4d
$780, bar silver, 567sc Mexican dollars,
state bonds were dull; railroad bonds Were
strong.
New York. Jan. G.-The New York Even
ing Posts London financial cablesram
says:
THE stock markets here were good to-
day and fairly active, chiefly in the spec
ulative departments, where the features
were the boom in Grand Trunks and the
Canada Pacifcs. Americans were also
strong and closed at the best. There was
only a small outside interest. Berlin, how
ever. is buying Canada Paci1cs freely.
New York Jan. 6.-To-day's stock mar
ket was broad and animated and strong
throughout and gains were maintained
with only insignificant reactions at a few
intervals The buying was on a very
large scale and was aggressive and con-
fident number of prominent operators
were in the movement and their combln-
ed takings made up large share of the
transactions. But it was manifested that
an outside interest in the market, which
was awakened by yesterdays strength,
and commission house buying, was on
fairly large scale.
Investment buying for safe dividend
paying stocks and the heavy buying of
bonds, were also evidences of an infusion
of new life into the market. 1t is likely
these dealings were due to the large
amounts made available for investment
by the January dividend and interest
disbursements. Most of the dealings We're
professional. nevertheless, and they seem
ed to have been invited by the very con-
fdent expressions of one of the largest
and most distinguished operators in the
market and who was in large part one
of the leaders in last summers rise.
Some of the most notable gains were
achieved early in the day and were quite
firmly held throughout, even In the face
of very large realizing transactions.
There was considerable realizing. but Of
ferings were we'll absorbed The closing
was only slightly below the best and
showed net gains of between l and 2
points for nearly active stock
Prices for American securities were
good in London and in Europe to-day and
gave an impetus to the rise at the open
ing here, the international stocks being
the first to rise. The next TO feel the
strength were the Nanderbilts, New York
Central being conspicuous for large buy
ing and an extreme advance of 2 points.
There was a report circulated that the
active managers of these properties had
been sharply edmonished by the conroll-
ing interests that their hold on their po-
sition would be made dependent on rates
for traffic being maintained on their lines.
Continued strength in Sugar also helped
a ha ms