The morning news., 1897-04-03
REVIEW OF THE MARKETS
continued from Seventh Page)

---.I. Germania Bank, 1071a bid, lOS'a
ssAi Merchants National Bank. Sc bid.
aSht1d. National Bank of Savannah, l26
--3iArSSa' Zoe aeked: Oglethorpe Savings ana
olu, company. 1021a bid. 1881 asked;
Llr+baru LlI5b5 Bank of the State of Georgia,
Ma 1e5 asked; Savannah Bank and
= company 100 bid, 101 asked; Chat
~, Real and Estate and Improvement
l1D-nanv. Ha-r A, 5Slk bid 81 asked; B, o2l4 bid,
= a5<ed: Peoples Savings and Loan
C,mDany 90 bid, 90 asked, ex-div'
factory Bonds-Augusta Factory 6s, lol
"a f.3 asked; Enterprise Factory 6s, l02
On on asked; Eagle and PheniX Manu-
facrIring Company, per cent. bonds, 20
IA N asked Sibley Manufacturing Com
Inv g. 10l bid 102 asked.
pIr-o,t,rv Stocks-Savannah Cotton Fac
.orr - bid. 80 asked; Augusta Factory, SO
XII 81 asked, eX-diV.; GraniteVille rae
torv 1lj bid, 151 asked; Langley Factory,
IA bid 105A asked; Enterprise FACTORY
common, IS bid, SO asked; j. X. KING
Manufacturing Company, 104 bid, 1O5 ask
-. sibev Manufacturing Company, %
tj5 n asked Savannah Brewing Com
many 30 bid. 92 asked.
FIoneon. April Bar silver, 2S7s. Con-
sols MI 8-16 for money and Ill GIG for the
account. ,,. -, o,, woe
eaev at 115d1% per cent, the last loan at
IA and closing at ~ per cent. Prime mer-
camille paper Sls per cent Bar SILVER 6Zc.
sterling exchange duh and easy with act
rl9l husiness in bankers bill at $4.S5&Q4S6
For ejvtv davs. and $4S7d4.S74 for demand.
posted rates. $4S412G4.S8 Commercial bills,
stQraG4S5l. Government bonds firm; state
3.onds we're quiet; railroad bonds were
higher. silver at the board was steady.
New York. April 2.-The treasury bal
anees were as follows: Currency, $70,lS4,-
Sgi coin, $30'S69OSS.
New York, April 2, noou.-The stock
market was firm at the following quota
ti0ns:
erie ......... 139sI Bait & Ohio .... 1914
Northwestern ..104A Can. Southern AIS
ao nref ...154 St. Paul ........ 761s
Ike shore ....167 Rock Island 49,. 622s
N G " pref... 25Al Del & Hudson. .102A
West. Union 80. S015 Del, l.. & W....153
81 Rv com ,.n 8 Manhattan ...... S334
do nref ....... 263sI Mich. Central e. IS
ATn sugar .....11lFstN. Y. CentraI VIZ
New York, April 2-Stocks in the main
were frmer to-day. At intervals the mar
ket was inclined to heaviness on sales by
the chronic bears, but at the end of the
session the usually active issues showed
gains of 1iG13s per cent on the day. Della
ware and Hudson, Jersey Central and
Leather preferred were exceptions, and
closed with the losses ranging from 1s to
q per cent. The Improvement in the mar
ket was due more to a desire on the part
of prominent sellers to accept profits than
to any material change in the situation,
Reports of the arrival of prominent Ameri-
can bankers and railway men in London,
including J. 2. Morgan and President Hill
of the Great Northern, appeared to dis
concert the bear leaders, especially as there
were rumors of important deals pending.
It was said that Morgan would take up
the New York Central refunding scheme
at once, and that the meeting of the rep
resentatiVes of the Northern Pacific, Great
Northern Deutsche Bank interests were
for the purpose of bringing about a close
working arrangement between the roads
tTavgsing the Pacific northwest The An
thracte Coalers were benefited by official
statements that the Jersey Central Will
not pass its dividend A meeting of the
directors is looked for next week, when
the matter will be decided. Western
Union was also influenced by dividend ru-
mOrs The stock early in the day broke
to 50, later recovering the greater part
of the loss. Director Sage was quoted as
saying that unless business improves con-
slderably he will certainly favor a reduc-
tion in the dividend rate to a per cent.
basis. The GraHgers, Northern Pacific
preferred, the Vanderbilts and American
spirits preferred showed the greatest re-
Operative ability. Northern Pacific pre-
feTed rose , to 81, and American Spirits
preferred 3A to SO. Near the close Della
ware and Hudson, Jersey Central and
sugar We're pressed for sale, and receded
lgl'2 per cent While this had an unset
ting influence, the market left off firm
Iotal sales were 1885 shares including
l5'9O Western Union, 800 Jersey Central
A6'V burlington and Quincy and II, 40.
sugar. The tone Of the bond market was
hiSher. The sales footed up SLIGO
New York Stock List-Stocks and
Bonds at the Closing: