The morning news. [volume] (Savannah, Ga.) 1887-1900, 1899-02-04
PAGES 9 TO 10.


Atlantic division 5s. 80 bid, 100 asked.
Railroad Stocks-Augusta and Savan-
nah, 1862 bid, 107 asked; Southwestern,
1864 bid, l07 asked; Atlanta and West
Point stock, 1l9 bid. 800 asked; Atlanta
and West Point per cent. certificates,
1919 bid, 102ia asked; Georgia common, 2O4
bid, 205 asked.
Gas Stocks-Savannah Gas Light stock,
"a bid 25 asked, ex-dv
Bank Stocks, Etc.-Citizeus Bank 1i2
bid, 80 asked; Chatham Bank, 100 bid, 10l
asked; Germauia Bank, 1l2 bid. asked;
National Bank of Savannah, 1877 bid.
asked; Merchants National Bank of
Savannah, So bid. 81 asked; Oglethorpo
Savings and Trust Company, 1O5 bid,
1855 asked; Southern Bank of the State
OF Georgia, 17 bid. 1854 asked; Savannah
Bank and Trust Company 1854 bid,
asked; Chatham Real Estate and Inn
provemeut Company.A, 52ls bid 53l5 asked;
u, 52la bid, So asked Peoples Savings and
Loan Company. "a bid 9S asked.
Factory Bonds-Augusta Factory, 100
bid, 106 asked: Sibley Manufacturing Com
pany 6s, 100 bid, 103 asked Eagle and
Phoenix Mills per cent. bonds due 1928,
l0lia bid. 103 asked; Bibb Mfg Co, los bid,
40 asked.
Factory Stocks-Augusta Factory, S.
bid 65 aaked; Granltevile, Factory. 40
bid, 1i5 asked; Langley Factory, 100 bid.
1Ol asked; Enterprise Factory, common, 80
bid "a asked; j. II. King Manufacturing
Company, 100 bid 101 asked Sibey Man.
ufacturing Company, 20 bid, &c asked; Sa-
vannah Brewing Company, 105 bid, JOG
asked.
New York, Feb. 8-Money on call was
firmer at 2lk03 per cent; the last loan was
at Oh per cent. Prime mercantile paper,
2hftSIi per cent. Sterling exchange easier,
with actual business in bankers bills.
SLS5AGi.S5iA for demand, and %.SShG4. sS1a
for sixty days; posted rates, %.Al5 and
SLS6la; commercial bills. S4S2I2; silver GER
uhcates. 59h0G0lac; bar silver, 59hc Mexl-
can dollars, tie Government bods we're
irregular: state bonds were irregular; rail-
road bonds We're weak
New York Feb 3.-The total bank
clearings In the United States for the week
were S20S6OlS,7A; per cent increase. 1874.
Exclusive of New York, $6i7 1872; per
cent increase, 2G.1.
New York. Feb. 3-Stock values receiv-
ed a severe test to-day, the market at
one time bordering on the panicky stage
through the enormous outpouring Of stock
from professional and commission house
sources; but the day left Off with Irregular
of a fraction either way with the tone
strong.
Before the opening It was argued that
yesterdays market showed that a reac-
ton was under way, but IL was contended
that the forces resisting decline, In tho
absence of extremely unfavorable news,
very far. The absence of decided tone
TO the early market was In part due 20
the expression of prominent bull leader
that the market had a tired look but the
people did not know what to do with their
money and II the market resisted week
or two, ! per cent. money would be prob
able
The market opened rather irregular and
such strength as there was in It dsap-
peared under professional pressure. There
was an absence of support from large in
terests and realizing set In which gave
the bears encouragement for a vigorous
demonstration, which. after a feeble rally,
resulted In many stop loss orders being
caught.
II was said on the floor that heavy SELL
ing came from Washington, and the rumor
gained currency that the ratification Of
the peace treaty was in jeopardy. The
market felt the effects of the heavy real
izing that took place last week and this
week.
ly after noon. In the Pacifics the range
was from 1hd21k, the maximum loss IN
Southern Pacific. In the speciaitles the
decline was even more pronounced, rang
ing from about points in Sugar and To-
bacco 10 in New York Air Brake The
declines were very general and embraced
almost everything of consequence. Large
orders appeared when the bear movement
appeared to have lost it's force and liqul-
dation quickly ceased The bull leaders
took hold Of their various specialties and
helped the recovery. which continued prac-
tieally until the close, with rnomentary
slight recessions of proht-taking Traders
generally took the long side for a turn on
the idea that much OF the weakly held
stocks had been transferred to stronger
interests. Standard OIL stock dropped from
$50 bid last night to 4l2 offered on curb
to-day. with transactions of 4l5, and then
rose to 40 and closed at ABS.
The bond market yielded sympathetical-
~ with stocks, but did not display much
recuperatve power when the stocks raj
lied. The total sales amounted to 81 46O-
900. United States new As, coupon, declined
* and the S. advanced u. The total sales
Of stocks were 987 400 shares including 49,
220 Atchison, 50, $40 Atchlson preferred. Ia
2l0 Central Pacific. H,1S0 Chesapeake and
Ohio 1880 Denver and Rio Grande, 5,545
Denver and Rio Grande preferred 5,l60
illinois Central, II ,O20 Nashville. 5000 Man
haitian, 1880 Metropolitan Street Rail-
way, $3.50 Reading first preferred. l2147
Missouri Pacific, 1910 Missouri. Kansas
and Texas preferred, 900 New York Cen
trail, 80, O20 Northern Pacific. 10 $40 Northern
Pacific preferred, $40 Ontario and Vest
ern, 10000 Reading, 4,920 Rock Island, &c.
200 Union Pacific, q 800 St Paul d OK
Southern Pacific, 1920 Southern Railway.
1000 Southern Railway preferred 1000
Texas Pacific %, $40 Union Pacific prefer
red, 1900 Tobacco. 11.020 Bay State Gas.
Al ,12O Federal Steel. 1890 Federal Steel pre-
ferred. 1920 Peoples Gas. s.
925 Consolidated Gas, 25.675 Brook
Ign Transit $3.50 Sugar, % SIS Tennea-
see Coal and Iron, $3.50 Leather preferred
SOS United States Rubber, 500 Western
Union.
Atchison ....... 22Aldo do % do. 42nl
do prefd 62AIst L. & S. w. OIL
y. o. ........ 70 do do prefd.. 269s
Can. Pac.... :. Sc st. Paul .127%I
Can. Sou. ...-.. 58lsl do prefd lies
Cent. Pac. $3.50. 5lAISt p. a. ON. :. 93AI
G. o.. ...... SDAl do do prefd. no
c. & A.........172lzl SO. Pac. ...... 4OibI
G. y. e Q.....1359s So Railway :. 13ISl
G. & %. ll.... 65A do prefd -. 50NI
do prefd ...ll6 ". q = ........ 2Oz
Chi @. W.. l6ls Union Pac. 49,. 47ss