The morning news. [volume] (Savannah, Ga.) 1887-1900, 1897-04-22

Bank STOCKS, Etc.-CltlZenS Bank, 100
bid, = asked; Chatham Bank, As bid,
IS asked: Germania Bank. los bid, 100
asked, Merchants National Bank, Sc bid,
81 asked; National Bank of savannah. 12435
bid, 1851 asked; Oglethorpe Savings and
Trust Company, 1924 bid, 1854 asked;
Southern Bank of the State OF Georgia,
l57 bid 159 asked; Savannah Bank and
Trust Company, 100 bid, 10l asked; Chat
ham Real Estate and improvement
Company a, 81 bid. 54l5 asked; B, 52I4
bid, So asked; Peoples Savings and Loan
Company, 81 bid. 90 asked.
Factory Bonds-Augusta Factory Is, 101
bid. 102 asked; Enterprise Factory 6s, lO2
bid. 10S asked; Eagle and Phenix Manu-
featuring Company, per cent. bonds.
40 bid so asked; Sibley Manufacturing
Company 6s, 101 bid, 1902 asked.
Factory Stocks-Savannah Cotton Fac
tory, Is bid, IS asked; Augusta Factory, 50
bid, 81 asked; Graniteville Fac
tory, las bid, Isl asked Langley Factory,
104 bid, 1851 asked; Enterprise Factory,
common, IS bid, 80 asked; ]. R. King
Manufacturing Company. 1O4 bid. 1O5 ask
ed; Sbley Manufacturing Company, rs
bid. IS asked; Savannah Brewing Com
pany - bid. IS asked.
New York April 21.-Money on cali was
easy at 114Q11a per cent; the last loan was
at IL per cent and the market closed offer
ed at 1AQl12 per cent. Prime mercantile
paper 3ia04 per cent. Sterling exchange
easier with actual business in bankers
bills at S4.SSQ]4. SS14 for demand and $4S612G
1864 for so days. Posted rates, A.&d4. S71a
and $iSS12Q4.S9 Commercial bills $4S5%6
4.Ss Silver certificates, 6l7sd62&c. Bar
silver. 81 15-16c. Government bonds were
strong state bonds were dull Railroad
bonds were firm.
New York, April 81 The Evening Post s
London financial cablegram THE pro-
nounced Turkish victories increased to-day
the Stock Exchange belief that the con-
fiict will be short, and hence a general
rise in all stocks, consols leading. with the
close practically at the best. Very little
business was done, but, at the moment
the tone is confident and hopeful; not the
least so with Americans. which closed at
the net. 1t Is rumored that a large block
of Louisville and Nashville will have to
be sold by executors cannot, In the
least confirm the report; on the contrary
Louisville and Nashville was specially in
demand to-day. The Turkish securities
have risen sharply. Another feature was
a sharp rally in Kaff1rs, moreover a big
African millionaire house, as also Paris
are buying again, but there is no public
support as yet.
There will be no direct boat to Japan
until the first of May, hence the delay in
further Withdrawals of gold from the
bank. 1t is believed here that the rise in
Tie pilCS Ol wheat anu Ile New I OrlS
sales of exchange may check gold ship
ments from the United States The Ber-
lin market was steady. The Paris bourse
was good, the features being a rise in
Turkish securities, Ottoman banks and
Kaff1rs."
New York. April 21-The European war
situation continues to largely dominate
the course of the market for stocks mere,
as was shown by the quick adjustment
to the London paritV n the olIofa f4Nps
at the opening. The day was without spe-
cial developments otherwise, outside of
special movement in individual stocks.
London showed a further fractional ad-
vance for American securities and this
was probably due in part to the fact that
yesterdays London prices were somewhat
depressed by the excessive depression ex-
listing in New York on Monday Prices
for Americans continued to improve in
London during the day. and there was
some buying for London account here.
The result has been that prices here have
recovered the loss sustained on Monday
and are very generally above Saturday's
close to the extent of a varying fraction.
Trading was duh to-day, however, out
side of some special cases, dealers hav.
ing apparently been convinced by their
experience of Monday, when they acted
without any foreign exchanges to take
their cue from. and largely oversold the
market on the war news, that they did
not understand much about the eastern
question and that they would prefer to
await clearer comprehension before buy
ing or selling further The total sales for
the day were less than 100000 shares
The bond market ruled firm and higher.
with lack OF feature in the prominent
issues. The aggregate sales were 1884, coo.
Governments gained slightly on purcha ses
of $31, 500.