The morning news. [volume] (Savannah, Ga.) 1887-1900, 1897-04-23

bid, asked: Chatham Bank. IS bid
IS asked; Germana Bank. los bid 100
asked; Merchants National Bank. Sc bid
81 asked; National Bank of Savannah. 124Ib
bid, 1851 asked; Oglethorpe Savings and
Trust Company. 1929 bid. 163l5 asked;
Southern Bank Of the State of Georgia,
l57 bid, 159 asked; Savannah Bank and
Trust Company, 100 bid, 101 asked Chat
ham Real Estate and Improvement
Company A, "a bid, 54Ik asked: b 52N
bid, SO asked; Peoples Savings and Loan
Company. 81 bid. % asked.
Factory Bonds-Augusta Factory 6s. 1O1
bid, lo2 asked; Enterprise Factory 6s, 1O2
bid, 103 asked; Eagle and Phenix Manu-
featuring Company, 6 per cent. bonds,
40 bid, 50 asked; Sibley Manufacturing
Company Is, 101 bid. 102 asked
Factory Stocks-Savannah Cotton Fac
tory, 25 bid, 50 asked; Augusta Factory. 50
bid, 81 asked; Graniteville Fac
| tory, l45 bid, Isl asked; Langley Factory.
1O4 bid, 1851 asked; Enterprise Factory,
common 50 bid. SO asked; j. r. King
Manufacturing Company. 1N bid. los ask
ed; sibley Manufacturing Company, rs
bid, Is asked: Savannah Brewing Com
pany, = bid. So asked
New York. April 22.-Money on call was
easy at IL per cent, the last loan was at
IL per cent, and the market closed. offer
ing at 1qll4 per cent. Prime mercantile pa
per, 3iaq3%c. Sterling exchange steady
with actual business in bankers bills at
ASSd4SSi4 for demand, and 81 S6lkdA S62z
for sixty days; posted rates S4S70Dl S7Js
and ASSlsd4S9; commercial bills. s. S5s4 ;
sl.ver certificates, 6lBQ6Z1sc; bar silver.
81 IS-l6c; government bonds weak; state
bonds were dull; railroad bonds were
firm.
New York. April 22.-The Evening Posts
London financial eablegram: 1T is diff
cult to realize from the feeling in the
stock markets here that war is proceed
ing in Europe; on the contrary, the opti-
mistic tone grows in strength. For the
extensive buying of Kaffirs many reasons
might be given; sufficient to say that the
big houses appear to think that the fall
has gone far enough and are trying to
brace the market for smart revival. At
present the dealings are entirely profess
sional. The interest is increasing in Amer
leans and they closed under the best only
on the New York set back Gold bonds
were freely bought by insurance compa-
MES. All the foreign bourses were finn"
New York, April 22.-Only two stocks
were dealt in to-day, to the extent of 10000
shares, namely, New Jersey Central and
Western Union. The local exchange SEEM
ed to have lost its docile faith in Londons
superior knowledge of the value of Amer
lean securities, which it was so ready to
acknowledge yesterday. after its costly
experience in giving way too far TO timidi-
ty on Monday The New York price refused
to conform to the London quotations,
which had risen after the London opening
to above the New York closing. The New
York price, on the contrary obstinately
persisted in remaining a a lower level
than the parity with London. London
prices, as a consequence. fell off in the
final dealings, seeing the persistent pes
simism of the New York market This
pessimistic mood of the local dealers dis
couraged London from buying in this mar
ket, even with a higher range prevailing
IN their own market. Arbitrage opera
tons were Insignificant. The close in Lon
don showed the prices of Americans still
above the New York parity.
The railway bond market ruled quiet
but with firm undertone. Fluctuations
in the principal issues We're unusually mar
row, and there was a marked contra ction
in the volume of trading in the high grade
lines. Some sharp. variations were regis
tered either way in the usual neglected
lines. The sales were $925,000. Govern
ments were slightly easier on quoted
prices, there being no transaction at the
board.