The morning news. [volume] (Savannah, Ga.) 1887-1900, 1899-01-25
PAGES 8 10 10.

asked; Augusta 6 per cent, Ill bid, l13
asked: Columbus per cent. 107 bid, 10S
asked; Macon 8 per cent, Ii5 bid, ask
ed; Macon 4las, 1926 1876 bid asked: Sa-
vannah per cent. quarterly April cou-
pons. ll2ls bid, 1l3 asked Savannah per
cent. quarterly February commons, 1l2
bid, 1l3 asked. Charleston As 100 bid. 101
asked
Railroad Bonds-Savannah. Florida and
Western Railroad general mortgage bonds
per cent. interest coupons, IFS bid, 119
asked; Savannah, Florida and Western
first mortgage per cent. gold bonds due
1924. 10 bid, Ill asked; Central Railroad
and Banking Company colaterals SIS, "a
bid % asked; Central of Georgia Railway
first mortgage 5s. 50-year gold bonds, llS
bid, 1l9 asked; Central of Georgia Railway
first consolidated mortgage 5s. 80 bid
81 asked; Central of Georgia Railway
first preferred incomes, 4OA bid, Az asked;
Central of Georgia Railway second pre-
ferred Incomes, l2lh bid, 1874 asked; Cen
tral of Georgia Railway third preferred m
comes, bid, 6IA asked Georgia Railroad
So 1910, ia bid. 116 asked; Charlotte. CO.
umbia and Augusta first 5s, 1906 bid. 1917
asked; Charlotte Columbia and Augusta
second mortgage rs, III bid. l1s asked:
Georgia Southern and Florida new S. 1903
bid. 40 asked; South Georgia and Florida
second mortgage Is. 100 bid, lOl asked:
Ocean Steamship per cent bonds, 1926.
100 bid. JOG asked city and Suburban
Railroad first mortgage per cent. bonds.
lol bid, 1902 asked: Alabama Midland per
cent, Endorsed, 9S9 bid. 100
asked; Brunswick and Western
As SO bid, SO asked; South
Bound Railway 5s. 9lA bid, SO asked; Geor-
gia and Alabama first preferred S. 105
bid. LOG asked: Georgia and Alabama con-
solidated 5s 100 bid asked; Eatonten
branch. 81 bid, 100 asked; Central of Geor
gia, Middle Georgia and Atlantic division
IS, 96 bid, 9S asked.
Railroad Stocks Augusta and Savan-
nah, lO5A bid. 1864 asked; Southwestern.
LOG bid, 1864 asked; Atlanta and West
Point stock, 1ls bid, 100 asked: Atlanta
and West Point 6 per cent certificates.
10lh bid. 1902 asked; Georgia. common, 200
bid. 203 asked.
Gas stocks-savannah Gas Light stock.
"a bid. 20 asked ex-dlv; Electric Light and
Power Company. IS bid 80 asked.
Bank Stocks, Etc.-Citizens Bank, ma
bid, asked; Chatham Bank, %
bid, 100 asked; Germania Bank, liz bid,
- asked; National Bank of Savannah
l27 bid, asked; Merchants National
Bank of Savannah So bid 81 asked;
Oglethorpe Savings and Trust Company,
l041a bid. 1861 asked; Southern Bank Of
the State of Georgia. l27 bid, 1884 asked;
Savannah Bank and Trust Company, 1914
bid - asked; Chatham Real Estate and
improvement Company, A, SO bid a ask
ed; b, 52h bid, SO asked Peoples
Savings and Loan Company, s31a bid 81
asked
Factory Bonds-Augusta Factory, 1o5
bid, LOG asked; SIbiey Manufacturing Com
pany 6s, 100 bid, lO2 asked; Eagle ana
Phenix Mills 6 per cent. bonds. due 1928.
l01la bid, 1903 asked; Bibb Mfg Co. lO5 bid,
10 asked
Factory Stocks-Augusta Factory, So
bid, 65 asked; Granteville Factory, 40
bid. AS asked; Langley Factory 100 bid,
l0l asked; Enterprise Factory, common, 30
bid, "a asked; j. r. King Manufacturing
Company, 100 bid, 10l asked; Sibley Man
ufacturing Company, 70 bid, 76 asked; sa-
vannah Brewing Company, 1876 bid, l06
asked
New York Jan. 2i-lMoney on can was
steady al 2AdS per cent; the last loan
was at 21a per cent. prime mercantile pa
per, 2hqSA per cent. Sterling exchange
weak, with actual business In bankers
b!lls at 81 s41a@4Si% for demand and at
A.S21Ra4S2% for sixty days; posted rates.
A.S3IkG4S5i5; commercial bills, $3.50 ST.
yer certificates, 59AM60Ac bar silver, $3.50.
Mexican dollars, 47lsc. Government bonds
weak; state bonds strong; railroad bonds
weak.
New York, Jan. 24-Enormous realizing
end short sales to-day materially affected
the quoted prices of stocks. The dealings
were In excess OF million and a third OF
shares, and at no time did prices of the
higher valued railroad stocks reach yes,
terday's closing figures. Heavy sales nT
the early dealings We're caused partly by,
the lower range OF London quotations. and
there were numerous declines exceeding A
point A sharp upward movement follow
ed, support being extended to Michigan
Central, Union Pacific preferred General
III o.. 49,
Missouri Pacific. New Jersey Central
Tennessee Coal and Iron and Federal Steel
common were also lifted. The trading eie-
ment began TO sell freely as the effect OF
heavy proht-taking was appreciated The
market at first became DUN as prices re.
coded but the selling gradually assumed
larger volume, and quotations rapidly
crumbled away. eventually weakening
practically all stocks traded in. In tie
absence Of unfavorabe news the reaction
was attributed TO the call conditions. ByF
reaching stop loss orders In the more acA
tive shares material slumps occurred in
prices with as much as a point or more
difference IN quotations between TRANSACT
tons.
Money continued easy, and the banks
were expected TO make another heavy gain
In cash this week. The movement of mon-
ey from the interior and from California
continues heavily in favor of New York.
The lowest price Of the day was made in
the final hour, and selling at that time
wiped out the gains In stocks made earli-
er in the day.
The extreme breaks In the Vanderbilts
ranged up 90 AZ in Northwest In the
Flower specialties the largest break was
in New York Air Brake. 6 points. ~
The drop in the Changers ranged from
2 points in Rock Island to 81 in Burling-
ton. Among the Coalers the slump rang
ed up TO ~ in Reading first preferred.
In the Pacifcs the extreme drop was 4
points in Union Pacific preferred. Penn.
syivania dropped 81, Manhattan and Met-
ropolitan "a each, Cleveland Cincinnati.
Chicago and ST. Louis 2, Tennessee Coal
and Iron 2. American Malt and General
Electric 2lA. New York, Ontario and
Western was the most active stock ON the
list in the days trading and dropped IN
per cent. 1t was estimated that London
al one time had SOLD 1900 shares, a por-
ton Of which was taken back on arbi-
TRACE dealings later in the day. The re-
sistance the market displayed in the fore