The morning news. [volume] (Savannah, Ga.) 1887-1900, 1897-04-30

1921 bid lOi asked; Georgia and Alabama
first eonsols, 80 bid, 81 asked
Railroad Stocks-Augusta and Savan
nah 90 bid, 931e asked; Georgia common.
100 bid, $50 asked; Southwestern, SO hid,
81 asked; Atlanta and West Point rail-
road stock, 90 bid, SO asked: Atlanta and
West Point 6 per cent. certificates, 9S
bid 100 asked; Savannah Construction
Company, 6S bid 20 asked ex-div
Gas Stocks-Savannah Gas Light stock.
Y bid, 23l2 asked; Electric Light and
POWER Company, bid 6S asked.
Bank Stocks, Etc.-CitiZens Bank, 100
bid, = asked; Chatham Bank, Is bid &c
asked; Germania Bank. los bid, l09 asked;
Merchants National Bank, Sc bid, 81 ask
Cd; National Bank Of Savannah 124b bid
Zoe asked; Oglethorpe Savings and Trust
company, l08 bid, o. asked; Southern Bank
OF the state of Georgia, 1853 bid 100 asked;
savannah Bank and Trust Company, 100
pld, lOl asked; Chatham Real Estate and
Improvement Company, A, 81 bid, 5415
| asked =, 52A bid, SO asked; Peoples Saw
ihgs ana Loan Company, 81 bid 90 asked
Factory Bonds--Augusta Factory 6s 101
pa, l02 asked; Enterprise Factory 6s. 1902
DID lOS asked; Eagle and Phenix Manu-
featuring Company 6 per cent bonds. 40
pa % asked; SiDley Manufacturing Com
pany IS, 101 bid, 102 asked.
FACTORY Stocks-Savannah Cotton Fac
bld 81 asked; Granitevile Factory. 145 bid.
lal asked; Langley Factory, 104 bid 1864
asked; Enterprise Factory common. 9S
nld 81 asked j. r. King Manufacturing
Company, 104 bid, 105 asked Sibley Manu-
featuring Company 70 bid, rs asked; Sa-
vannah Brewing Company, - bid, So ask
New York, April 29.-Money on call was
easy at lA@1h per cent; the last loan was
| at l12 per cent, and the market closed at
| lAtl12 per cent. Prime mercantile paper
| SlsG4 per cent. Sterling exchange steady.
! with actual business in bankers bills at
S4SE1294.S1$4 for demand. and $4S6L "a S6lb
Tor SIXTY days. Posted rates $lS7d4 sly
| and S4.SS15Q4S9. Commercial bills g. SSH
Silver certificates 6124G62c Bar silver
! 6l9sc Government bonds were strong
state bonds were dull Railroad bonds
were firm.
New York, April 29.-The dullness of the
stock market to-day has not been eaualled
! for many months, but there was frmness
manifested IN prices and an undercurrent
OF strength that refused to yield to some
| very discouraging circumstances. The to-
! TAI transactions of the exchange fell con-
| sderably below 100000 shares, and ONLY
three stocks, Chicago Gas, Sugar. and
burlington were dealt In to exceed 1000
shares The markets for Americans in
| London was also dull and neglected. and
| 10 interest them. There Is no doubt that
the partial suspension of trading was
| partly due to the uncertainty regarding
the dimensions likely to be assumed by
| the gold export movement Experts diff
FER as to how far the gold movement is
due TO the premium on gold in London.
ana how far the natural trade conditions.
The new announcement to-day that a
further shipment of gold will be made
next Tuesday TO the amount of S5OOO0l.
| by Boston house, shows that the fall in
| the exchange rate to S4S71a for demand
| sterling was not low enough to prevent
shipments, although it is 11Ac below the
point which exchange houses agreed up
| on last week as necessary to assure them
sufficient profit to make it worth while
| 70 ship gold. The effect on the stock
| market was sentimental to a large extent.
| 1t having become habit during the pc
| Rod of. the depleted gold reserve, which
! accompanied the last outward gold move
| ment, to sell stocks on every announce
ment of export of gold. notwithstanding
partial stagnation of trade, the net re-
suit of the days business was a gain OF
a traction and an upward movement of
| stocks was only interrupted by depression
IN special stocks. New Jersey Central was
one of these, and it declined Pa, recover
ing only Is per cent. The Coalers showed
| the most marked decline in sympathy.
! Western Union was also heavy in the
| early dealings, but more than recovered
! the loss. Baltimore and Ohio sagged IL.
on the issue of additional receivers GER
| tificates, and rallied q. The very favor
able March statement of Burlington show
ed an increase in the net earnings Of S287,-
! OCO, did not impart great strength to the
stock asst had been bought recently on
the supposition that the increase would
amount to 100000. The closing was quiet
but firm. and a shade off from top prices.
! The total sale of stocks amounted to 81. =
Sl5 shares, Including American Sugar Re-
! filming, n,500; Burlington and Quincy. IL
! 900; Chicago Gas. $500; ST. Paul $500:
Western Union Telegraph, $500; New Jer-
sey Central, 500. The bond markets ruled
firm on moderate dealings. Variations In
| the leading speculative issues were ex-
| ceedingly narrow, and although a greater
variety Of the usually inactive mortgages
were dealt in than for some time. the
| changes lacked significance. The aggre-
gate sales were 1917 900. Governments dis
| played an improved tone, and gained
slightly on light purchases. The trans
actions were 4.4O0.
| Closing Stocks