The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-12-13
PAGES 8 TO 10.


ed; Macon AS 1926, l05 bid, 1O6 asked; Sa-
vannah per cent, quarterly January cou-
pons, 1l1l5 bid, 1929 asked; Savannah s
per cent, quarterly February coupons,
111i5 bid, 112 asked; Charleston As, 100 bid,
1925 asked.
Railroad Bonds-Savannah, Florida and
Western Railroad general mortgage bonds.
6 per cent. interest coupons, lis bid 113
asked Savannah, Florida and Western
first mortgage per cent. gold bonds, due
1924 10 bid, III asked; Central Railroad
and Banking Company. collateral ST. "a
bid, 80 asked; Central of Georgia Railroad
first mortgage 5s 50-year gold bolds III
bid lis asked; Central of Georgia Railway
first consolidated mortgage IS. % bid, "a
asked Central Of Georgia Railway first
preferred incomes, AZ bid 43 asked;
Central of Georgia Railway second pre-
ferred incomes, IA bid, Is asked; Central
Of Georgia Railway third preferred in
comes, ga bid, 6ia asked Georgia Railroad
6s 1910 rs bid, III asked: Charlotte, Co
umhia and Augusta FIRST IS, l06 bid, l07
asked; Charlotte, Columbia and Augusta
second mortgage Is, III bid, us asked:
Georgia Southern and Florida new Sc, 1091h
bid, 40 asked South Georgia and Florida
first mortgage Is, 100 bid, 10l asked South
Georgia and Florida second mortgage u,
100 bid. 10l asked; ocean Steamship per
cent bonds. 1926. 1906 bid 106 asked; City
per cent. bonds 100 bid, 1902 asked Ala
bama Midland per cent, indorsed, 90 bid.
81 asked; Brunswick and Western Is, 70
bid, IS asked South Bound Railway 81,
81 bid 80 asked; Georgia and Alabama
first preferred 5s, 100 bid, 104 asked; Geor-
gia and Alabama cons. bs, 1914 bid, 100
asked; Eatonton branch, 81 bid, Is asked.
Central OF Georgia, Middle Georgia ana
Atlantic division IS, 9Sia bid 9ii4 asked.
Railroad Stocks-Augusta and Savan-
nah, 1903 bid, l0l asked Southwestern,
10Sls bid, l0lls asked; Atlanta and West
Point stock, 10 bid ll2 asked; Atlanta and
West Point 6 per cent. certificates. l0i
bid, 1O5 asked Georgia common, 1856 bad,
1893 asked.
Gas stooks-savannah Gas Light stock.
q bid, 25 asked; Electric Light and
Power Company, Go bid Il asked
Bank Stocks Ete.--Citizens Bank, 1l0k
bid Ill asked Chatham Bank, AZ bid,
As asked Germanla Bank, 1l0ls bid, lllls
asked National Bank of Savannah, 326
bid ~ asked; Merchants National Bank.
S3lb bid $40 asked; Oglethorpe Savings and
Trust Company 1O2 bid 1903 asked; ex-div-
Southern Bank of the state Of Georgia. l3O
bid. i3i asked Savannah Bank and Trust
Company 1864 bid. 1861 asked; Chatham
Real Estate and Improvement Company,
A. 55lb bid Sc asked; 3, IS bid, 5olz asked;
Peoples Savings and Loan Company 90
bid, "a asked
Factory Bonds-Augusta Factory, 105
bid. JOG asked Sibey Manufacturing Com
pany IS, lC0 bid, 1O2 asked; Eagle and Phe-
mix Mills per cent. bonds. due 1873. lVlS
bid, 1913 asked
Factory stoeks-Augusta Factory, %
bid, G5 asked; Graniteville Factory, $40 bid,
Jas asked; Langley Factory, 100 bid lol
asked; Enterprise Factory, common, 30
bid. "a asked; J. r. King Manufacturing
Company, 100 bid 1O1 asked; sibiey Manu-
featuring Company, 70 bid, 76 asked; sa-
vannah Brewing Company, 10l bid lOa
asked
New York Dec. 12.--Money on call was
steady at 2Ad2A per cent; the last loan
was al 2H per cent: prime mercantile
paper, 3hgi per cent. Sterling exchange
castor, with actual business In bankers
bills. at Sis4h@4a for demand and au
S4sih@4.s1&4 for sixty days; posted rates,
S4S21aGl4. S5l5; commercial bills, $t.S01a. Sill
yer certificates, 59isuGOizc; bar silver 5ssscs
Mexican dollars 461ac Government bonds
were strong; state bonds were firmer; rail-
road bonds were strong.
New York Dec 2.-Stocks made very
material progress to-day Ia the present up
ward movement and left off buoyant, win
advances in standard stocks ranging from
] 10 points, while this rise was exceeded
in many less prominent issues, notably
Pullman Third Avenue and Edison lllumi-
mating. The transactions for the day In
stocks and bonds were on an enormous
scale, immense blocks of securities chang
ing hands at rising figures. Early qus-
iations were in strong sympathy with
London, where there was a scramble for
stocks, even after the closing there for
the new accounts, which opens tomorrow.
Commission houses were in receipt OF
many orders to buy at the market, and the
volume OF this offset frequent efforts 10
depress values.
Reports OF traffic earnings for the first
week In December we're almost uniformly
favorable, az we're several beiated mo-
Venber statements of gross earnings.
An incident exerting favorable effecr
was the receipt OF over $1,000 600 in gold
from France and London. The immense
demand for bonds, In which the irausac-
lions to-day reached over 100000, exertcd
a favorable influence ia stocks, a. did "A
tendency TO discount January dividend dis
bursements. Atchison preferred. on trans
actions OF 10000 shares, went up 5&.
The heavy purchases were made by
brokers identified with prominent interests
active In other properties. The drift OF
speculative activity In the Changers was
interpreted faVorably. High prices Invest
meut stocks, like the Changers preferred,
Great Northern preferred, Pullman. New
Haven aud Hartford. and Albany and Sus-
ouehanna rose sharply. Excepting Sugar,
the Indusrials tended upward. New York
Centrars price crossed that Of Pennsylya-
mia.
The Coalers, on favorable trade outlook,
were conspicuous for advances. General
Electric responded to reports of sales OF
as product abroad. The Pacihcs were
strong with the rest of the market.
The market for bonds was one OF the
strongest and most active of the year.
there being many advances of point or
more. A renewal OF foreign buying on a
considerable scale was noticeable. Atchi-
son issues expanded. and a great many
other noteworthy gains were chroniced in
leading mortgages. Total sales, s.. 600.
United States new Is, the old 4s coupon
and the IS registered advanced Is in the
bid price.
The sales Of stocks were $751; shares.
Including l50200 Atchison preferred 1276l
chesapeake and Ohio, $3.50 Chicago. Burl-
lngton and Quincy 1880 Illinois Central,