The morning news. [volume] (Savannah, Ga.) 1887-1900, 1899-01-06
PAGES 9 TO 10.

Iumbla and Augusta first 5s 1O6 bid, 1O7
asked Charlotte. Columbia and Augusta
second mortgage Is. Iii bid 11s asked;
Georgia Southern and Florida new 5s,
ll0i3 bid Ill asked: South Georgia
and Florida second mortgage Is.
100 bid, 10r asked; Ocean Steamship per
cent bonds. 1926 105 bid 100 asked; City
and Suburban Railroad, FIRST mortgage Z
per cent bonds. l02 bid, 1O4 asked; Ala
bama Midland per cent, indorsed, 80. bid,
IS asked; Brunswick and Western As 80
bid, 50 asked; South Bound Railway 5s
q bid. 92h asked; Georgia and Alabama
first preferred IS, l0i bad, asked: Geor-
gia and Alabama cons. 5s 100 bid
asked; Eatonton branch. 81 bid, 100 asked;
Central Of Georgia, Middle Georgia and
Atlantic division 5s, "a bid, IS asked
Railroad Stocks-Augusta and Savan-
nah, l05]4 bid, 1861 asked, ex-div; South
western, 1854 bad. 1861 asked, ex-div.; At
lanta and West Point stock lis bid Mo
asked eN-diV.; Atlanta and West Point 6
per cent certificates, l0l bid, 102 asked ex-
mt Georgia common, 1871 bid, 200 asked
Gas stocks-Savannah Gas Light stock.
% bid, 20 asked; Electric Light and Pow
Ell Company, IS bid, 30 asked, ex-div.
Bank Stocks, Etc.-Citizen Bank. 1Os bid
asked eX-div.; Chatham Bank, az bid,
asa asked, eX-div.; Germania Bank, 10s
bid, asked. ex-div.; National Banksof
savannah, l2i bid. asked ex-diV; Mer-
chants National Bank. 81 bid, S31a asked;
Ogiethorpe Savings and Trust Company,
lo3i2 bid, l0i5s asked, ex-div.; Southern
Bank of the State of Georgia, 12S bid 129
asked, ex-diW.; Savannah Bank and Trust
company l03 bid asked ex-div.; Chat
ham Real Estate and Improvement Com
pany, A, 81 bid asked; b. 521b bid
asked. ex-diV.; Peoples Savings and Loan
Company, 9212 bid 931a asked
Factory Bonds-Augusta Factory, lO5
bid, l06 asked; Sibley Manufacturing Com
pany 6s, 100 bid, 1902 asked; Eagle and
Phenix Mills per cent. bonds. due 1925.
l0112 bad, 1903 asked.
Factory Stocks-Augusta Factory. SO
bid, 90 asked Granitevlle Factory 14O
bid, las asked; Langley Factory. 100 bid
l0l asked; Enterprise Factory common 90
bid, "a asked; j. r. King Manufacturing
Company 100 bid, 10l asked; Sibley Manu-
featuring Company, 70 bid, rs asked; Sa
vannah Brewing Company, 1913 bid. lO4
asked.
New York, Jan. 5.-Money on call was
steady at 212Q3 per cent; the last oan
was at "a per cent; prime mercantile
paper, BOA per cent Sterling exchange
was steady with actual business in bank
ers' bills, at $4S41444s41R for demand, and
at 4.Sl%Q4.S2 for sixty days; posted rates
$4s21s and $i85la; commercial bills, $4SO&
44SlA. Silver certificates, 59l5Gl601ac; bar
silver, SOC. Mexican dollars, 465kc. Gov
eminent bonds were irregular; state bonds
were weak; railroad bonds were strong.
New York, Jan. 5.-Nota BILE gains were
recorded in the specialtes and some OF
the railways to-day. The announcement
of gold engagements of a million and a
nan overcame the reactory tendency of
the forenoon and set the market forging
upward, which continued to the close The
conditions of the exchange and money
market do not seem to warrant the expec-
tatlon that the import of gold wall be a
sustained movement, the theory being
that our large balances of trade would not
be drawn upon largely, while money can
be loaned at more profitable rates abroad
The lower range of London prices gave
declining tendency to early transactions
here. Manipulation of the speciaties. To-
bacco, Brooklyn Transit and Peoples Gas
gave better tone to the railways, but on
profit-taking there We're some very sub
stantial losses.
With the announcement of the gold i'm
ports in the afternoon the bulls had their
own way, especially in Manhattan, Gem
eral Electric, Brooklyn Transit, Pittsburg,
Cincinnati, Chicago and St Louis and
Colorado Southern. The railway shares
moved rather sluggishly until late in the
day when an active demand rose for
Louisville, Rock Island and the South
western group, excepting Texas Pacific
which broke badly at the end. On the
publication of a report that Manhattan
Elevated was to be electrically equipped
by General Electric these stocks which
had each advanced points, presumably
on early information OF the reported deal,
receded sharply on profit taking. Reports
Of the possibility of Brooklyn Union Gas
Increasing It's dividend rates and forming
advaniageously alliances bettered the
price OF the stock five points Hooking
Valley securities were weak on the pub
lication OF the reorganization plan which
the movement In the company's stocks
and bonds indicated, was more drastic
than expected. The common stock drop
ped lss, the preferred A. the per cent.
bonds H. and the SIS TO- with a subse-
quent recovery In each case, except the
SIS, which registered 31a of their earlier
loss
Brooklyn Transit was very strong, ris-
Ing 9st. Late in the day il was said that
while the contract to equip Manhattan
electrically had not been given confidence
had been expressed by General Electric
interests that they would get the contract
The bond market was under pressure dur
Ing the forenoon, but ip the late session
heavy purchasing orders were distributed.
which carried the level of prices above
yesterdays close, and impaired a strong
tone generally. Total sales amounted to
D
reacted "a and the S's Is. The new As,
registered, and the old As, registered, sd-
Vanced * in the bid price.
The total sales of stocks to-day were
9l170Q shares, including 1850 Atchison
preferred; $40 Central Pacific; l6, 800 Lou
isyille ana Nashville; $3.50 Manhattan;
- $50 Missouri Pacific; 1850 Missouri
Kansas and Texas. preferred; $500 Onta-
rio and western; 2S, l21 Rock Island; l2l2O
Union Pacific; 1881 Reading first pre-
ferred 1890 st. Paul, 9,4OO Bay state
Cas- $500 Federal Steel. 1850 do pre-
ferred 1850 Peoples Gas; S.795 General
Electric; 22.150 Sugar 1926 Tennessee
Coal and Iron.
New York Closing Stocks.
AtchiSon ....... 1871 do do End pref. 9S7s
do pref. .s... as st. l.. & 5. W.. ~
y. & ONO ....., 6lhl do do pref 80. 10
Can. Pacific 80. $50 st. Paul .12,D
Can. South $50. 54la do do pref !. 1854
Cent Pae ...... f2A st. p. & On. 92A
c. & ONO ..,... 25lal do do pref ....ls7
c. & Alton ....17O st. r. NJ. & M..ls0
G., b. & Q.....l253sS Pacific ........ S3ai
chi. q H. Ill.,. 20 ). Railway ..... l03S