The morning news. [volume] (Savannah, Ga.) 1887-1900, 1897-05-15

Savannah Bank ana Trust company AyA
bid, l02 asked; Chatham Real Estate and
Improvement Company. A q bid. 54i2
asked; 2. 52is bid, 3 asked; People 3 saw
iugs and Loan Company. 81 bid, g asked
Factory Bonds-Augus;a Factory g., l0l
nd. l0e asked: Enterprise Factory 50, 1U
bid. 10 asked; Eagle and Phenix Manu-
featuring Company, s per cent oonos' -
bid. q asked; Sibley Manufacturing Com
pany g. I01 bid 102 asked.
Factory Stocks-Savannah Cotton Fac
tory. - bid. . asked. Augusta Factory. 80
bid, s. asked; Grauiteville Factory, l4J bid.
Isl asked. Langley Factory, lo4 bid, le5l4
asked: Enterprise Factory common, g
bid Sc asked J. Z. King Manufacturing
COMPANY 114 bid, 1G5 asked. Sibley Manu-
featuring Company. 70 bid, 70 asked; Sa-
vannah Brewing Company. 80 bid. - ask
ed
New York. May lA-Money on call easy
81 1HGlL per cent. Prime mercantile pa
per Siz04 per cent. Sterling exchange
steady. with actual business in bankers
bills at sfs7AQASia for demand ana
1851 a 85iz for sixty days. Posted rates
SA6U4 SKI. Commercial bills $4sl4HAs554.
Silver certificates 5l2sQ5tsc. Bar silver
Sic. Mexican dollars f7lsc. Government
bonds were hrmer: state bonds were dull;
railroad bonds were firm.
New York, May H-TOtal bank Gear
ances for the week amounted 20 Sl.O3, A9.-
499, per cent. Of decrease Is; exclusive OF
New York. Si47. 500. per cent OF de-
crease, 1.
New York. May 1.-THE Evening Posts
financial cablegram says; The delay In
the agreement for an arnistice In the
east has unsettled the stock markets here,
and they closed dull to-day al a general
reaction. There was no business. Gold Is
IN increased demand at rs llizd. Money is
becoming slightly harder. because OF the
new loans. India to-day announced a 81
.
price Of issue being IS. The japanese loan
will come next week. The Paris and Ber-
lin markets were steady
New York May 1.-THE market was
under steady and uuremitting pressure all
day to-day from one source or another.
and there was a wide gap IN the total
valuation Of securities compared with the
close yesterday. which it would require
many millions of dollars 70 bridge. The
only cheerful factor IN the market was
small early buying for foreign account,
which, however, failed to sustain values,
and the exceptional strength OF the Gould
shares. During the earlier hours Of the
day the bears harped industriously on the
Developments in the Cuban question: ard
the governments proposed attitude to-
wards il. The Washington advices were
held to foreshadOw aggressive action by
the government, such as would be likely
10 embroil the country with Spain. When
ter OF the measures contemplated, and
that they would probably be confined to
the dispatch Of relief to distressed Ameri-
can citizens In the island. the bears turned
70 the announcement of an additional ship
ment Of $4,000 in gold bars by to-mor-
rows steamer. This makes the total for
the steamer $3.50 90, whereas the selling
of stocks later in the week based upon
an estimate that shipments would aggre-
gate 10000, or even 100000. 1t indi-
Gated also that these shipments we're
made on cabled orders from Europe in
dicatlng the special character Of the de-
mand for the gold. The volume OF pur-
chases Of securities for foreign account
during the week has undoubtedly affected
the exchange situation. The decrease for
the week In the value Of dry goods inn
ported at New York Of S2.0i3.026 is equally
significant. The market was however
under vague apprehension that there
would come later news of further heavy
shipments, and the bears made this an ef-
lective instrument for keeping up the de-
preston Before any notable rally could
occur news was received that the president
OF the Anthracite Coal roads and compa-
mes mad received summons from the at
torney general at Albany to answer
charges Of conspiracy under the new anti
trust laws. Marked heaviness developed
as a result In all of the Anthracite Coal
-i - - AAARaNA9 III ttt tHAlfB AHt. eg-
pecially in the Industrlals. was which
might be proceeded against the same op-
eraung as that brought against the coal
companies. New Jersey Central fell to
the lowest price OF the year under this
selling. The Gould shares were uotabIa
exceptions TO the weakness Of the week
manhattan especially showing a rise al
one time Of ~. with subsequent reaction
Of y. The gains In the others were CON
hned 10 fractions. The closing was
steady, the slight recOveries being well
held' The total sales OF stocks for the
cay amounted TO 1890 shares. including
american Sugar Refinery q 900; Burling-
ION ana Quincy, 1l.lOO; Chicago Gas Trust
receipts 1880; Manhattan. 1900: Reading
800. go, 81. PAU. 1850; New Jersey Central.
v'sO. Trading was in small volume in the
Iali"sy ana miscellaneous bond market
win hrmness generally apparent IN the
speculative Issues. The aggregate sales
were y75s.O00 The feature OF me eo,,ern
Iseht bono speculation was the purchase
Of dock OF 10000 Of new coupons as ar
Siisnt advance. The sales were s225 0o0
flUafurg