The morning news. [volume] (Savannah, Ga.) 1887-1900, 1899-01-17
PAGES o TO 10.


lumbia and Augusta first 5s. 1O6 bid, 1O7
asked Charlotte Columbia and Augusta
second mortgage Is. III bid, lis asked;
Georgia Southern and Florida new 5s 1903
bid 40 asked; South Georgia and Florida
second mortgage Is, 100 bid, l0t asked;
Ocean Steamship per cent. bonds, 1926,
l05 bid, 1O6 asked city and Suburban
Railroad first mortgage per cent bonds.
102 bid, l04 asked Alabama Midland per
cent. Endorsed, 90 bid IS asked; Brunswick
and Western AZ, 50 bid, 50 asked; South
Bound Railway 5s, 9iia bid, 90 asked. Geor-
Ria and Alabama first preferred 5s, 105
bid 106 asked; Georgia and Alabama con-
solidated 5s 100 bid, asked; Eatonton
branch 81 bid, 100 asked; Central of Geor-
ga Middle Georgia and Atlantic division
5s 81 bid, 9415 asked.
Railroad Stocks-Augusta and Savan-
nah, 1854 bid. 1885, asked; Southwestern,
1864 bid, 1854 asked; Atlanta and West
Point stock, 116 bid. III asked Atlanta
and West Point per cent. certificates.
1914 bid. 1O2 asked; Georgia, common, 200
bid 20S asked.
Gas Stocks-savannah Gas Light stock,
25 bid, 26 asked; Electric Light and Power
Company, So bid, 30 asked.
Bank Stocks. Etc-Citizens Bank, 40
bid, asked; Chatham Bank, 96
bid 9S asked; Germania Bank 10 bid.
asked: National Bank of Savannah,
127 bid, asked; Merchants National
Bank of Savannah, Sils bid, asked;
Oglethorpe Savings and Trust Company,
1914 bid, 1854 asked; Southern Bank OF
the State of Georgia, 127 bid, asked;
Savannah Bank and Trust Company, 1O4
bid asked; Chatham Real Estate and
Improvement Company. A, 81 bid, ask
ed y, 52i6 bid, asked; ex-div. Peoples
Savings and Loan Company, 1914 bid, 81
asked.
Factory Bonds-Augusta Factory. 105
bid 1906 asked; Sibley Manufacturing Com
pany Gs. 100 bid. 1902 asked; Eagle and
Phenlx Mills per cent. bonds, due 1928,
1Uh bid 1903 asked; Bibb Mfg. Co., 105 bid,
10 asked.
Factory Stocks-Augusta Factory. So
bid, G5 asked; Graniteville Factory, 40
bid. las asked; Langley Factory, 100 bid.
f0 asked; Enterprise Factory, common, 20
bid, "a asked; ]. r. King Manufacturing
Company, 100 bid, 1Ot asked; Sibley Man
ufacturing Company 70 bid, 76 asked; Sa-
vanuah Brewing Company, 1881 bid, 10iA
asked.
New York. Jan. 16.-Money on call was
steadler at 21kd3 per cent; the last loan
was at 2iA per cent Prime mercantile pa
per, 3d3jk per cent. Sterling exchange
steady, with actual business in bankers
bills at $.S4&G4s5 for demand, and at
$482A@4.S2 Is for sixty days. Posted rates,
$483d4. S31A and $4s5h. Commercial bills,
SASH Silver certificates, J9ik0Dl4c. Bar
silver. 59sac Mexican dollars, 47i4c. Cow
ernment bonds were strong; state bonds
were inactive; railroad bonds were firm.
New York Jan. 1.-THE week opened
with transactions again reaching the mill
lion-share mark, resulting in Irregular
net changes. losses prevailing. London,
Il was estimated, sod altogether 1870
shares here, nearly half OF that amount
Al, Of an There
was no news in the market that was OF
any importance. Standard stocks were In
demand in the forenoon, ali the Changers
making new records for high prices The
evidence of support to leading stocks was
followed by bursts of strength elsewhere
after a period of hesitancy In the early
dealings
There was a rise in Federal Steel on the
continued good demand for iron products,
but the advantage gained was not fully
retained.
Among other specialties where renewed
interest was displayed were Metropolitan,
Consolidated Gas. Leather preferred and
American Steel, while Air Brake made
sensational advance of II points. The
Pacific stocks were weak all day. The
heavy London selling was of assistance 20
many board-room room traders In bring
ing about a reaction in the final dealings.
although earlier i'm the day, when prices
were offered down there was an increase
of buying, instead of selling orders,
brought into the market.
IT was in the last half hour that practi-
'cally all of che earlier gains In the mar
ket were lost and in a number OF shares
the prices were carried sharply below
Saturdays close. especially Union Pacific
Northern Pacific, Louisville, Manhattan,
Southern preferred Omaha and Kansas
and Texas preferred. Previously the
market has been rather quiet on declines
but the greatest activity to-day was TO-
ward the close, when prices ran off. Among
the Coalers, Reading first and second pre-
ferred suffered about a point. Heavy
liquidation In Lake Erie and Western pre-
ferred dropped the price of that stock 9
points.
The bond market maintained a very good
tone during the greater part of the day,
but suffered somewhat in common with
the stock speculation In the late selling.
Total sales amounted to $3.50 600. United
States new As, registered, *, and do cou-
pom, the 8s 4s, registered, and the IS.
coupon Il In the bid price.
The total seles of stocks were 1,020. 400
shares, including 22,925 Atchison, 81, 800 do
preferred 1925 Central Pacific, 6,S25 Ches-
apeake and Ohio, 1870 Chicago, BurIinR-
ton and Quincy, 1920 Chicago and East
Illinois, 7705 Erie LIST preferred, 1920
LOUISVILLE, 2Z,u20 Manhattan, IL, 800 Metro
poltan Street Railway. 1920 Reading LIST
preferred, 1920 Missouri Pacific, 1870 New
York Central. II 220 Northern Pacific. TO-
800 do preferred $500 Reading, 1920 Rock
Island, N,S2O Union Pacific, A, $50; st. Paul.
1870 Southern Pacific, $500 Southern
Railway. 1920 do preferred. II POO Union
Pacific preferred, $40 American Tobacco.
26,120 Bay State Gas, 10000 Federal Steel
1890 do preferred 1920 Peoples Gas.
6'736 Colorado Fuel and Iron, 1880 Brook
Ign Transit, $3.50 Lead 7Z75 Pacific Mall,
2S,62O Sugar, 1850 Tennessee Coal ana
Iron, 1880 Leather preferred
New York Closing Stocks.
Atehison ........ 2lAl do do End pr. s5tsl
do pref '....... VAST. l.. G. s. W.. SAi
y. Ohio ...... 6S5sl do do pref -. 20
Can. Pacific -. Sc St. Paul 1osfkl
Can. South ..... 541al do do pref ..167lsi
Cent. Pacific -. 457s st. p. & o. 60
9. Il Ohio .... 2612l do do pref 169
G. e. Alton .....16S ISt. p. M. & .1S0
c.. =. & Q......133 s. Pacific 27x
Chi. & f. Ill.,. GA S. Railway 12I
do do pref go ia do do nref go