The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-09-29

Florida first mortgage Is, l021k bid, 1887
asked; South Georgia and Florida second
mortgage Is, 1924 bid, 1854 asked; Ocean
| Steamship per cent, bonds, 1926, 105 bid
J 1O6 asked; City and Suburban Railroad
J first mortgage per cent. bonds, 100 bid
| 102 asked; Alabama Midland per cent, in
dorsed, 92IS bid, 931a asked; Brunswick and
! Western As, Y bid, 70 asked; South Bound
| Railway IS, so bid, SO asked: Georgia and
| Alabama first preferred IS, 1903 bid 1O4 ask
ed; Georgia and Alabama cons. IS, 80 bid,
81 asked; Eatonton branch, 80 bid 91asked;
| Central of Georgia, Middle Georgia and
Atlantic division IS, SLY bid, S2ls asked.
Railroad Stocks = Augusta and Savan-
nah, 9Sis bid, 9915 asked Southwestern, 80
bid, 991a asked; Atlanta and West Point
stock, 10S bid, 10 asked; Atlanta and West
! Point per cent certificates, 1884, bid, 104ls
asked; Georgia common, 1872 bid 1856 asked;
Savannah Construction Company, "a bid,
| 81 asked.
Gas Stocks-Savannah Gas Light stock,
p bid, % asked; Electric Light and Pow
| er Company. "A bid, rs asked.
Bank Stocks, Etc.-Citizens Bank 110z
bid, 110s4 asked Chatham Bank, 4S bid,
40 asked; Germania Bank 11015 bid 111I5
! asked; National Bank of Savannah 125
! bid, 126 asked; Merchants National Bank
SO bid, Sc asked; Oglethorpe Savings
and Trust Company, 1O5 bid, 107 asked;
| Southern Bank of the State of Georgia
100 bid, 1872 asked; Savannah Bank and
| Trust Company, 1921 bid, 1881 asked;
| Chatham Real Estate and improvement
Company. A, 5515 bid, Sc asked; B. 50 bid
55l5 asked; Peoples Savings and Loan
Company, go bid, '93 asked.
Factory Bonds = Augusta Factory. los
bid. 1O6 asked; Sibley Manufacturing Com
pany, IS, 100 bid, 1O2 asked.
Factory Stocks-Augusta Factory So
bid, Go asked; Granitevile Factory, 14O bid,
l45 asked; Langley Factory, 100 bid, 1O1
! asked; Enterprise Factory, common. 80
| bid, "a asked; J. r. King Manufacturing
featuring Company, 70 bid, 76 asked; sa-
vannah Brewing Company, 101 bid 1903
| asked
New York, Sept. 2S-Money on call was
easier at 3q4 per cent; the last loan was
al 49, per cent Prime mercantile paper.
400 per cent Sterling exchange firm,
with actual business inf bankers bills at
S4S41644.S4A for demand and at $4,S1h0
| SlSs for 60 days; posted rates, $4.S2@4 S215
and A.S5. Commercial bills, $4.S01464 81
Silver certificates, 61hQ62c. Bar silver,
6lAc. Mexican dollars, 471ac. Government
bonds We're steady; state bonds were firm
railroad bonds were weak
New York, Sept. 2S.-Infuences affecting
| individual properties furnished the motive
| for to-day's irregular price movement.
The bears, flushed with their recent sue
cesses, attempted to make it interesting
opponents at the outset ana 6r-
| tected break in tobacco and sugar, but
the latter stock rebounded strongly and
| ended at the top. Absorption of the stan
dard dividend stocks has been In progress
| lately by interests capable of holding them
| until the general situation became clear
| er, and outside confidence regarding the
| tendency of the money market was re-
stored. Consequently the apparent di-
| minution 10 the floating supply of stock
caused momentary scramble and values
improved sharply in many directions.
Dizziness followed the rise and little in
| terest developed, until the late session,
| when tobacco was savagely attacked and
extensive short lines were put out else
where. Tobacco, which reached a level
fractionally above last nights slump Z
| points to 1917 and the market for rubber
and some other stocks was cut away.
| The Generalization in tobacco forced
| holders to sacrifice their interests else
! where in order to meet the urgent de-
| mands by commission houses for additional
margins. The success of the bear party
in causing the current Generalization in
sugar and tobacco caused considera bic
| nervousness and uncertainty among Sc
curity holders
The steadiness of the money market
| during the furry and the report that the
government would disburse on Oct. TO-,
the anticipated November interest amount
ing to 81, go 600 on the 3s, As and 5s, failed
to check the selling movement.
Final dealings were very feverish, but
last prices ruled above the lowest, with
the declines exceeding a point, mainly in
the Industrials.
Speculation in railway mortgages was at
tended with increased animation and
lower prices. Atchison adjustments were
thrown on the market in large volume and
closed with net loss of 11a per cent To
| tai sales amounted to s. $50 coo.
L. L.. i ,1r-. ,glav,& -
the other markets and showed considera-
BILE firmness, the old As rising H.
The total sales of stocks were AT 400
| shares, including 23 855 Atchison prefer
red; II 500 Chicago, Burlington and Quincy
1900 Manhattan; 6,12S Metropolitan; 20,12O
Northern Pacific; $3.50 Northern Pacific
preferred; $3.50 Union Pacific; 12,311 ST.
Paul; 1920 Union Pacific preferred; 122, $50
American Tobacco; 10,l60 Chicago Great
| Western; 12250 Peoples Gas; 1925
| Leather preferred.
New York Closing Stocks.
Atchison ........ 1895 do pref. 800. 1884
do pref ... 31i5St. p. & Om. 793s
Bait & Ohio -. 43 do do pref. ...1571a
Can. Pacific -. S51k st. P. NJ. & Mics
Can. So. . So SO. Pacific 500. %
Cent. Pacific =. % So. Railway S9s
Ches. & Ohio -. % do pref. ........ 1914
Chi. & Alton ...155 Texas & Pac.... 10
Chi. B. e. Q. ...1133s I'm. Pacific pref. 645s
| Chi. & E. Ill. :. 81 U. p. ID. 81 g.. SIS
C.C.C. & st. L.. 80 Wabash .......... 7B
do do pref. =. 50 do pref ......,. 20h
! Del. & Hudson. 106 Wheel & L. E.. 1A
Del l.. & w. .149 do do pref. 1914
Den. & Rio G. 131aAdams Elk. LIB
do pref .... 541h American Elk. ..130
Erie new 49,. 1871 United States E. Al
do LIST pref. -. fhlWells Fargo ...120
FIT. Wayne ....175 A. Cot. OIL. S5A
CT. Nor. pref. ..134 do pref. "a
Hooking VAL =. 5 Amin Spirits $50. 1925
Illinois Cent. ...1102t do pref ........ IS
L. Erie & w. =. 1917 Am. Tobacco ...127A
do do pref 49,. 1914 do pref. .......125
| Lake Shore 200 Peoples Gas ....101%