The morning news. [volume] (Savannah, Ga.) 1887-1900, 1899-01-08

first mortgage per cent gold bonds, due
1924 40 bid, Ill asked; Central Railroad
and Banking Company, fcolfaterals 5s, "a
bid 50 asked; Central of Georgia Railway
first mortgage 5s, 50-year gold bonds, lis
bid, 119 asked; Central of Georgia Railway
first consolidated mortgage IS, 921A bid 1914
asked; Central of Georgia Railway first
preferred incomes, 1872 bid, Al asked;
Central of Georgia Railway second pre-
ferred incomes, y bid, 13 asked Central
| of Georgia Railway third preferred in
| comes, 81 bid, 61a asked; Georgia Railroad
IS, 1910. ia bid, 116 asked; Charlotte, Co
lumbia and Augusta first IS, l06 bid, 107
asked; Charlotte, Columbia and Augusta
second mortgage rs, III bid. lis asked;
Georgia Southern and Florida new 5s,
109 bid, 40 asked; South Georgia
and Florida second mortgage Is,
100 bid. 101 asked; Ocean Steamship per
cent. bonds 1926, los bid, 1O6 asked; City
and Suburban Railroad. first mortgage :
per cent. bonds, 1O2 bid, 1O4 asked; Ala
bama Midland per cent, indorsed, 80 bid,
IS asked Brunswick and Western as, so
| bid, 81 asked; South Bound Railway 5ss
| 81 bid, 92A asked; Georgia and Alabama
first preferred IS, 1N bid, asked; Geor
| gia and Alabama cons. IS, 100 bid, -
asked; EatOuton branch, 81 bid, 100 asked;
Central of Georgia, Middle Georgia and
Atlantic division S. 9415 bid 9512 asked.
Railroad Stocks-Augusta and Savan-
! nah, iO51a bid, 1862 asked, eX-div.; South
| western, 1864 bid 1861 asked, ex-diV.; At
lanta and West Point stock. 100 bid, -
asked, eX-div.; Atlanta and West Point 6
| per cent certificates, 1902 bid, 1919 asked
| eX-int.; Georgia common, 1877 bid, 200 asked
Gas Stocks-Savannah Gas Light stock.
% bid, q asked; ElectSc Light and Pow
er Company. So bid 80 asked, ex-div.
Bank Stocks, Etc-Citizens Bank, 1O9 bid,
- asked, ex-div.; Chatham Bank az bid,
| 4SA asked, eX-div. Germania Bank, 100
bid, - asked. ex-div. National Bank of
Savannah 124 bid. asked ex-div; Mer-
chants National Bank, 50 bid, S315 asked;
Oglethorpe Savings and Trust Company.
| l04 bid, 105 asked, ex-div; Southern
Bank of the State of Georgia, 12S bid, 129
asked, eX-div.; Savannah Bank and Trust
Company, 10i bid, - asked, ex-div.; Chat
ham Real Estate and Improvement Com.
pany, A. 81 hid, - asked; B, 52h bid, -
asked, eX-div.; Peoples Savings and Loan
Company, SO bid. 50 asked.
Factory Bonds-Augusta Factory 105
bid, LOG asked; Sibley Manufacturing Com
pany 6s 100 bid, 102 asked; Eagle and
Phenix Mills per cent. bonds, due 1928,
1O115 bid, 1903 asked.
Factory Stocks-Augusta Factory, So
| bid 60 asked; GrahiteVille Factory 40
bid las asked; Langley Factory, 100 bid,
| 101 asked; Enterprise Factory common 80
| Company, 100 bid 101 asked; Sibley Manu-
featuring Company, 20 bid, rs asked Sa-
vannah Brewing Company, 1O4 bid, -
asked; Bibb Manufacturing Company
of Macon, 1O5 bid, 10 asked.
New York, Jan. money on call was
steady at 214Q3 per cent. the last loan
| was a 8 per cent. Prime mercantile paper
| 30D394 per cent. Sterling exchange, steady
| with actual business in bankers bills at
81 N
| 4.S2 for sixty days; posted rates, 4.S21a
| and $4.S51a. Commercial bills, $4SOa4 CASH.
Silver certificates, 591aQ601ac. Bar silver,
| 59Bc. Mexican dollars, 1880. State bonds
were strong; railroad bonds were irregu-
lar; government bonds were irregular.
New York, Jan. THE weekly bank
1 statement shows the following changes:
Surplus reserve increased 81, 400; loans
| decreased, A504, 800; specie increased, So
! 6S5,S00; legal tenders increased 81, 624, 600
| Deposits increased So, $4,000; circulation de-
/ creased $412, 400
The banks now hold $2S, $50, 375 in excess
of the requirements of the % per cent. rule.
New York, Jan. 7.-Stocks resumed the
upward movement to-day, and in some
cases advanced violently. Efforts 10 bring
| about reaction were successful only in
the initial trading. There were moder-
ate arbtrage sales for London account,
/ which aided the reactionists early efforts.
| The Changers and Pacific were off frac-
| tionally, while the so-called Flower spe-
| cialties, Brooklyn Transit Federal Steel
and Peoples Gas, were very sharply off.
The execution of an order to sell large
block saf stock at the market caused a
bad break in Tobacco. This brought out
further sales by reaching stop loss or
ders.
Floor. brokers, in many cases, advised
their houses that the movement in the
| general market was too violent to last
and presently buying orders predominated
over those to SELL These purchases were
largely Increased on the appearance of the
| bank statement, which was far more fav-
orable than expected. Brooklyn Transit
rose points from the lowest, Peoples
| Gas ia; Tobacco, 23s; Sugar, American
Steel and Wire and Federal Steel, 2 each;
| Changers about a point, and Atchison
| preferred, 33s. Notable advances were
made in American District Telegraph,
which rose 8 points; Colorado Fuel and
Iron preferred, 49, ST. Paul and Duluth
512; Delaware and Hudson, 22l, and Rub
Der preferred, 21a The close was active
and strong at the best.
The bond market during the week dis
played considerable irregularity, but there
was a decided undertone of strength,
| which prevented any concessions of note
in the prominent lines. United States old
As and the SIS coupon, advanced a and
the new As and SIS, registered, u. The IS
declined Is in the bid price.
The total sales of stocks were 4SO 100
shares, including 1920 Atchison; 1920 do
preferred; 1850 Chicago, Burlington and
Quincy; $3.50 Manhattan; 1920 Reading
first preferred; $3.50 Missouri Pacific; 10, 420
st. Paul; $3.50 Southern Railway prefer
red 1920 American Tobacco; 1920 Bay
State Gas; 80, 40 Federal Steel; IA 400 Poo
pies Gas; 1880 Colorado Fuel and Iron;
$40 Pacific Mail; S.420 Rubber; 1920 Su-
gar; 6720 Western Union.
New York Closing Stocks.
Atchison ...... 1895 do do End pref. S3ibl
do pref ........ 5S14 81. l., & S. w. =. ri
Bait. & Ohio =. 67ia do do pref 49,. 1917
Can. Pacific So st. Paul .......1211s
! Can. Sou. ...... 81 do do pref ... 167
| Cent. Pac ...... 43 ST. p. & ON. T.. 9libi
Ches. & Ohio -. 2i7s do do pref .167
Chi & Alton ...170l5I st. p. M & NJ. $50
! c.. b. & Q. ....12i7sI So. Pacific .... 24sl
! Chi & e. Ill =. G0h So. Railway 49,. 10sS