The morning news. [volume] (Savannah, Ga.) 1887-1900, 1899-07-01

Ila asked GeolSl ~ per cent. bonds,
due 1915 l24la hid. ia6 asked South caro-
lima Has, ll6 bid M asked.
city bonds-Auauta 4le per cent. 1928.
los bid, no asked Augusta 3iRs 1925 lO2
bid, JOB asked; Augusta 4]as 1929. 107 bid.
los asked; Augusta Z per cent, IlO bid III
asked; Augusta per cent. Up bid ll5
asked; Columbus per cent, l07 bid. los
asked; Macon 6 per cent. llS bid llg
asked; Macon figs, 1926, log bid asked:
Savannah per cent. quarterly July cou-
pous, ia bid, ll5 asked; Savannah 3
per cent quarterly August coupons. ia
bid, 1lll2 asked, Charleston As, l06 bid 1O7
asked.
Railroad Bonds-Savnnnah. Florida ana
Western Railroad general MORTGAGE
bonds, per cent interest coupons. l26
bid. 1T asked, Savannah, Florida and
Western first mortgage per cent gold
bonds, due 1924. ia bid, lis asked.
Central Railroad and Banking Company
collateral 5s, 96 bid, 81 asked: Central of
Georgia Railway first mortgage SIS. 5O-year
gold bonds ll6 bid, III asked; Central Of
Georgia cons. per cent, bonds 96l5 bid
97Ie asked; Central of Georgia Railway
first preferred incomes, A. bid 43 asked
Central OF Georgia Railway second pre-
ferrod incomes, 10 bid, IA asked: Central
Of Georgia Railway third preferred in
comes, 6l2 bid, ~ asked; Georgia Rail-
road 6s 1910, III bid, lis asked: Char
lotte, Columbia and Augusta LIST IS, lOqib bid
nOla asked; Charlotte, Columbia and An
gustA second mortgage Is 1913 bid l24
asked; Georgia Southern and Florida new
5s. ll0ls bid, Ill asked, South Georgia and
Florida second mortgage IL, 100 bid 1Ol
asked; Ocean Steamship per cent bonds
1926. 100 bid. 10 asked, City and SUBURBAN
Railroad first mortgage Z per cent bonds
1914 bid l05 asked Alabama Midland s
per cent indorsed, 9S bid, lO1 asked; Bruins
wick and Western As, SO bad, 81 asked;
South Bound Railway 5s. SO bid o. asked
Georgia and Alabama first preferred -
100 bid 107 asked Georgia and Alabama
consolidated 5s lO2 bid. 1903 asked; Eaton
ton branch, bid, 97ia asked; Central
Of Georgia, Middle Georgia and Atlantic
division. IS. 95 bid, SO asked.
Railroad Stocks-Augusta and Savannah.
ia bid. 115 asked; Southwestern, IA
bid. 1l5 asked: Atlanta and West Point
stock, 1913 bid, 125 asked; Atlanta and West
Point 6 per cent. certificates, 1903 bid. 1ot
asked, ex-int.; Georgia common, 207 bid
2O9 asked; Georgia and Alabama stock
80 bid, "a asked; Savannah Hotel Company
stock, 50 bid, 5S asked.
Gas stocks and Bonds-Savannah Gas
Light stock .7is bid. 2Sh asked; Edison
Electric Illuminating Company per cent
bonds, 1861 bid, 107 asked; Edison Electric
Illuminating Company stock, bid, lO7
asked, ex-dlv
Bank Stocks, Etc-Citizens Band. 1Is
bid 119 asked, eX-div.; Chatham Bank. 107
bid, 1071a asked ex-div.; Germania.
Bank 116 BID, III asked. ex-div.,
National Bank of Savannah ia
bid. 1856 asked: Merchants National Bank
of Savannah, 100 bid 1Ol asked Oglethorpe
Savings and Trust Company. 1O6 bid. lO7
asked, ex-div.; Southern Bank of the State
of Georgia. 142 bid, 147 asked ex-div.; Sa-
vannah Bank and Trust Company 40 bid
III asked eX-dlv.; Chatham Real
Estate and Improvement Com
pany, A, 55A bid, 581A asked:
b, So bid, So asked, ex-div.: Peoples Saw
ings and Loan Company, 80 bid 95 asked.
Factory Bonds-Augusta Factory. 1O1h
bid 1903 asked Sibley Manufacturing
Company IS, 1929 bid, 1881 asked; Eagle
and Phenix Mills 6 per cent bonds due
1923, 104 bid, 105 asked; Bibb Manufactur-
ing Company, 1903 bid, 105l5 asked
Factory Stocks--Augusta Factory, 90
bid 81 asked; Granieville Factory. $50
bid, 155 asked Langley Factory, ~ bid
1929 asked; Enterprise Factory. common,
80 bid. 80 asked: j. r. King Manufacture
Ing Company, 81 bid 101 asked. Sibley
Manufacturing Company, 20 bid. 70 asked :
Savannah Brewing Company. 100 bid 1902
asked.
New York, June 3O.-Money on call was
strong at 5012 per cent, the last loan was
offered al per cent. Prime mercantile pa
per 31ad4 per cent. Sterling exchange was
weak with actual business in BANKERS bills
at S4.S7AGC4 .871a for demand and 81. s514GD
1861 for sixty days. Posted rates, 81 s6d
4.S6R and 4S8lz. Commercial bills, 81 49,
Silver certificates GOA@61c. Bar silver 60Ac
Mexican dollars, 4811c. Government bonds
strong. State bonds were inactive RaHroad
bonds were strong.
New York, June 30-There was a re-
markable demonstration of underlying
strength of standard railroad stocks to-
L., A..
bears have been relying upon to put down
prices before the triple holiday The
squeeze in the money market proved more
severe than for many months, the rate for
call loans jumping at one time TO IL per
cent. Loans made to-day carry over until
next Wednesday. and the shifting incident
to the heavy demands on the eve of semi
annual disbursement, caused a very active
bidding for money.
There was besides, the natural hesitation
on the part Of most operations to making
large commitments on the eve of the holt
day. and the general tendency to close up
accounts. This kept The market very dun
through the early part of the day and
prices were disposed to sag.
The opening was indeed a fraction below
last night for most Of the railroads and a
Iiquidating movement IN Sugar and the
city traction stocks pulled the railroads
back again after they had first started up
again. But during the second hour of the
trading a very determined and confident
demand sprang up tor ST. Paul and New
York Central after the latter stock, which
was dealt in ex-div., had fallen half be-
low last nights level.
This demand grew and spread through
the most prominent stocks on the list, in
Guiding the leading trunk lines, the Grang-
ers the Pacihcs and one or two of the
SouthWesterns The manner in which this
buying ignored the furry In the money
market Indicated that il came from
sources not dependent on the ordinary re-
sources Of the banks.
The total sales for the day were con-
sideraby below the average for the week
and dealings were almost wholly concen-
trated in the few stocks which developed
so buoyant a tone In these the strength
continued win a very slight reaction at
the close. The level Of prices being lifted
from one 10 two and one-haff per cent.
above last nights level. Pennsylvania.
which is usually very little dealt in on The
New York exchange, showed marked ac-
tivity and rose at one time IA Numerous
. Z alta nd ag1ss .F ia