The morning news. [volume] (Savannah, Ga.) 1887-1900, 1897-03-24
THE MORNING NEVIS WEDNESDAY, MARCH "a, 1897.

II III III O4aAN LAN
22ls bid, 2sls asked; Electric Light and
Power Company, 66 bid, 6S asked.
Bank Stocks. Etc.-Citizens Bank, l0S1s
bid, 1904 asked; Chatham Bank, 4524 bid,46la
asked; Germania Bank, 10Ila bid HSss
asked; Merchants National Bank. Sc bid,
asked; National Bank OF Savannah, l26
bid, lbs asked; Oglethorpe Savings ana
Trust Company 102l5 bid. l0Sla asked;
Southern Bank of the State of Georgia,
bid 165 asked; Savannah Bank and
Trust Company, 100 bid, 10i asked; Chat
ham Real and Estate and improvement
Company, A, 5Sk bid, "a asked; b. % bid
50 asked; Peoples Savings and Loan
Company, 80 bid. 81 asked, ex-div,
Factory Bonds-Augusta Factory 6s, 100
bid, 102 asked; Enterprise Factory 6s, lOl
bid, l02 asked; Eagle and Phenix Manu-
featuring Company, 6 per cent. bonds, 30
bid, 50 asked; Sibley Manufacturing Com
pany IS, 100 bid, lO1 asked.
Factory Stocks-Savannah Cotton Fac
tory, - bid, So asked; Augusta Factory. 50
bid, 81 asked, ,ex-div.; Graniteville Fac
tory 145 bid, l51 asked; Langley Factory
1903 bid, 104 asked; Enterprise Factory
common. 96 bid. so asked j. r. King
Manufacturing Company 103 bid, 104 ask
ed Sibley Manufacturing Company, 70
bid, rs asked; Savannah Brewing Com
pany. 80 bid. 90 asked.
London March 23.-Bar silver, % 15-16d;
consols, 1l2 1-16 for money and 1l2s for the
account.
Paris, March 2S-Three per cent. rentes,
102 francs IS confines for the account.
New York, March 23.-Money on call
easy at 1l29124 per cent; the last loan
was at ia per cent, and at the &osing
was offered at Ia per cent. Prime mer-
camille paper Sla per cent. Bar silver, 6Sc.
Sterling exchange hrmer. with actual
IA q.
for sixty days, and $.S7A@4.S71a for de-
mand. Posted rates. 81 .S61a6l4. SSla. Com
mercial bills, A.S4laGl4 .S51a Government
bonds easier; state bonds dun; railroad
bonds weaker. Silver at the board was
higher.
New York, March 49, noon.-The stock
market was quiet but steady, at the fol-
lowing quotations:
Erie ........,.... 1895 Bait & Ohio e. 15lA
Northwestern ..1071s Can. Southern :. 4S1A
do pref .......156 St Paul ......... IT'S
Lake Shore ....l6Sia Rock Island 49,. 67%t
N. & w, pref ...27$4 Del. & Hudson. lO7lA
West. Union -. 1855 Del, L. & W. .154
So. Ry com 500. 8 Manhattan ...... S4la
do pref ........ ISIS Mich Central -. IS
Am Sugar ..113l5IN N, Y. Central ...101
New York, March 2S-The market for
| securities to-day was dominated by the
decision rendered yesterday by the United
States supreme court, in the Transmits
were made during the morning session
to counteract the Importance of this de-
ciSon by according support to certain of
the Vanderbilt stocks, and the bulls were
assisted by a rise in Chicago Gas to the
best figures yet attained, the stock named
having been purchased freely by promi-
nent firms, on the belief that the Illinois
| Legislature will shortly pass a bill to per-
init the constituent companies comprising
| the Chicago Gas Company to consolidate
on legal grounds. AS the day progressed.
| however, operators attached more and
| more Importance to the supreme court
decision, which is now regarded as a Sc
we're blow to combinations generally,
whether railroad or industrial AS this
view of the case became pronounced, the
| selling pressure increased, and during the
| afternoon the stock market had a decid-
| edly depressed look. The downward move
| ment was accelerated by continued re-
| ports in regard to the floating debt of the
! New Jersey Central and its leased COM
| pany--the Lehigh and Wilkesbarre--wbich.
it is said, would lead to q reduction in
/ the Jersey Central dividend next month.
| The advces from Washington, to the eff
feet that the tariff bill accords less pro-
| lection to the American Sugar Refining
| Company than expected led to heavy SELL
| ing of that stock, and this, too, aug
| mented the bearish feeling The shrink
age in values disheartened many weak
| holders and the sales on stop orders
| formed quite an important item in the
1 days operations. Jersey Central broke
AZ per cent. to s4sl for regular and S419
for seller, sixty days. Sugar, Burlington
and Quincy, Northwestern, ST. Paul, Rock
| Island, Omaha, Manhattan and New York
| Central yielded anywhere from III TO 2A
| per cent. Among the specialties, Mime
sofa Iron broke 51a to 4212, and Lackawan-
ma "a TO 1544. A majority of stocks, in
| the final sales, showed merely fractional
| recovery from the lowest figures, bat Jer-
| sey Central and Western Union gained
| per cent. on buying to cover shorts. The
market closed weak in tone. Total sales
| were 1856 shares, including 1890 Sugar
! 400 st. Paul. 1920 Burlington and
| Quincy, 1890 Chicago Gas, H.
| 900 Omaha and 10000 Read
ing. Net changes show losses
| of 4 to SA per cent, Jersey Central lead
ing. Minnesota Iron dropped 81 to 42R
Bonds were weak in tone. Sales footed
VI. 81, 59S,O0O
New York Stock List-Stocks and Bonds
at the closing
Am. Cotton Oil. IL N, c. & St. L. s7H