The morning news. [volume] (Savannah, Ga.) 1887-1900, 1899-02-21
PAGES 9 TO 10.

asked: Savannah, Florida and Western
first mortgage s per cent. gold bonds. due
1924, ll3 bid. 115 asked; Central Railroad
aud Banking Company coliaterals 5s, 95A
bid 50 asked; Central OF Georgia Railway
first mortgage S.. J0-year gold bonds. III
bid ll9 asked; Central of Georgia Railway
FIST consolidated mortgage 5s, 96s4 bid,
97ia asked; Central of Georgia Railway
first preferred incomes, A bid As asked;
Central OF Georgia Railway second pre-
ferred incomes, Il bid, Is asked; Cen
trail OF Georgia Railway third preferred
ircomes. bid. asked Georgia Railroad
IS 1910, 1854 bid III asked; Charlotte. Co
mmbia ana Augusta first os. 106 bid. l07
asked. Charlotte, Columbia and Augusta
second mortgage Is, 1i9 bid 121 asked;
Georgia Southern and Florida new IS. 1894
hid 1924 asked; South Georgia and Florida
second mortgage Is, 100 bid, 10i asked;
Ocean Steamship per cent. bonds, 1926,
los bid. 106 asked; city and Suburban
Railroad first mortgage per cent bonds.
101 bid 1902 asked; Alabama Midland per
cent indorsed 99ia bid. 100 asked Bruns-
wick and Western Is. 50 bid, SO asked;
South Bound Railway IS, 95A bid, 90
asked Georgia and Alabama first preferr-
ed u.s. 10G bid, 1O7 asked; Georgia and Ala
bama consolidated 5s, 100 bid, l0l asked;
Estonton branch 1919 bid, 100ls asked;
Central OF Georgia, Middle Georgia and
Atldntlc UlNtSiON ~, Jff2 hiit iN'f3 dSNSN
Railroad Stocks-Augusta and Savan-
nah, 1867 bid, 1914 asked: Southwestern,
107 bid. los asked Atlanta and West
Point stock ll9 bid. 100 asked Atlanta
and West Point 6 per cent. certificates,
10Ils bid. l021s asked; Georgia common, 2Oi
bid, 205 asked.
Gas sloeks-Savannah Gas Light stock,
q bid. 25 asked. ex-div.
Bank Stocks Etc.-Citizens' Bank, liz
sIrg1
1902 bid 1903 asked; Germa-
MIA Bank, 1l2 hid. asked;
National Bank OF Savannah i27 bid.
49, asked Merchants National Bank OF
Savannah, So bid, 81 asked; Oglethorpe
Savings and Trust Company. 1851 bid.
asked. Southern Bank of the State OF
Georgia l2S bid, 129 asked Savannah
Bank and Trust Company, 1906 bid, ask
ed;Chatham Real Estate and Improvement
Company A, So bid, 53la asked; b. 52ia
bid. 50 asked Peoples Savings and Loan
Company. 81 bid sS asked.
Factory Bonds-Augusta Factory, l0l
bid 102 asked. Sbley Manufacturing
Company Is, 100 BID 102 asked; Eagle and
Phoenix Mills, per cent. bonds due 1923.
10lls bid. iO3 asked; Bibb Mfg. Co., 1903 bid,
l05ls asked.
Factory Stocks-Augusia Factory, So
bid IS asked; Granitevile Factory, 80
bid, 155 asked; Langley Factory, 81 bid,
10lia asked; Enterprise Factory, common,
IS bid % asked; J. r. King Manufacture
ing Company. 81 bid. 101 asked; Sibley
Manufacturing Company. 6s bid, 70 asked;
Savannah Brewing Company, 10o bid LOG
asked.
New York. Feb. 20.-Money on cali was
steady at 2G2h per cent; the last loan
was at 2la per cent Prime mercantile
paper, 2Au3A per cent. Sterling exchange
was steady with actual business In bank
ers' bills az sisG04. 1914 for demand, and az
$isi04.sfi4 for sixty days; posted rates
81. 84ia6iAs5iAl1487; commercial bills, $i.SSGo
4.S3A. silver certificates nominally $3.50
601ac. Bar silver 59Ac. Mexican dollars,
47Ac Government bonds We're steady;
state bonds were inactive; railroad bonds
were strong.
New York Feb. 20.--rhe active specaf-
ties generally made large advances to-day
while the railroads gained from ] TO
points A strong tone prevailed practsc-
ally all day, with the strength radiating
from one group OF stocks to another. The
movement started in the Changers and
standard stocks, and next the Paclfics
advanced Interest then switched into
tho Flower group and the Southwesterns
successfully and then into the Industrials,
with Sugar and Tobacco leading the rise.
Central and Southern Pacific were weak
in the forenoon, prior to the publication of
the reorganization plan of the former
road and subsequently rallied but feebly.
London opened slightly below parity and
on the rise here sold about $1,000 shares
and subsequently purchased about 5000
sharea.
Among the Changers. st. Paul made an
extreme gain of ~. being sold by London
and purchased by Western houses. Bur-
iIngton rose a point and then dropped 2Iz,
closing about the lowest
The news that the syndicate had secured
q majority of the Chicago and Alton stock
benefited the Southwestern group, incFtId-
ing Texas Pacific, Missouri Pacific and
Kansas and Texas preferred, over 2 points
each. Union Pacific followed with a rise
of over point.
Atchlson preferred was about the
strongest stock among the railways, max
ing an extreme rise of ga on favorable
forecasts OF the forthcoming January
statement OF net earnings.
Among the local traffic shares, pro-
nounccd strength appeared; Metropolitan
made an extreme advance of 5h: Brooklyn
Transit 80, and Manhattan, 81. The
movement in the latter was considered a
twisting of the short interests.
Southern Railway preferred and Louis
Vile were the strongest spots among the
Southern railways, although the latter
showed decrease In the earnings for the
sttOIu W&th III fSDtudIys
Tobacco was a sensational feature
among the Industrials, adding to its re-
cent rise. l5A points. Many conflicting
rumors, all lacking confirmation, were dis
seminated concerning the continued rise
In Tobacco. There are some in the street
who appear TO believe that 10 Is a move
against the short interests, part of which
was formed on the breaking up of the pool
in the stock some time ago, and another
short interest more recently formed in ex-
pectation OF a violent trade war TO follow
the organization Of the Union Tobacco
Company.
Sugar became active again and rose 6k
points TO 14Ols. the top price recorded for
the day. This move was in spite OF the
rival company making cut in the price
of the refined article. In the final hour
reaiizations appeared in many stocks
which caused some declines of note, but
the general market displayed a rallying
tendency at the end. The dealings which
were considerably in excess of a million
shares, were the largest that have taken
place in some weeks, with commission