The morning news. [volume] (Savannah, Ga.) 1887-1900, 1897-03-05

4 dated mortgage 5s, 81 bid, 80 asked;
/ Central of Georgia Railway first preferred
| incomes, 27ls bid 29ia asked Central of
/ Georgia Railway second preferred in
comes, 10 bid, IL asked; Central of
/ Georgia Railway third preferred incomes.
9 bid 6% asked; Georgia Railroad, 6s, 1910,
| lO6la bid, 1914 asked; Charlotte Columbia
/ and Augusta first IS, 106 bid, 107 asked;
charlotte, Columbia and Augusta second
/ mortgage as, ll3 bid IFS asked; Georgia
| Southern and Florida, new 5s, 80 bid 93Ib
| asked; South Georgia and Florida first
mortgage Is, 1Ol bid, 104i5 asked; South
Georgia and Florida second mortgage Is,
| lO2 bid, lG asked; Ocean Steamship s per
cent. bonds, 1926 10l bid, 1902 asked; City
| and suburban railroad first mortgage Z
per cent. bonds so bid. So asked; Ala
bama Midland per cent. indorsed So bid
| 80 asked; Brunswick and Western As G5
bid 20 asked; South Bound railroad 5s, SO
| bid II asked; Southern Railway IS. S9ib
bid 90h asked; Georgia and Alabama first
preferred S. 100 bids, 1902 asked; Georgia
| and Alabama first consois, so bid 81 asked
| Railroad Stocks-Augusta and Savan-
| nah, 9Sls bid, 4la asked, ex-div.; Georgia
common. 15S bid, 100 asked; Southwestern
| SO bid, "a asked eX-div.; Atlanta and
West Point railroad stock. 80 bid, 100 ask
ed; Atlanta and West Point 6 per cent
certificates, 9S bid 80 asked; Savannah
Construction Company, 20 bid, 70 asked.
Gas Stocks-Savannah Gas Light stock
22la bid 23la asked, ex-div; Electric Light
and Power Company, &C bid, 6S asked ex-
div.
Bank Stocks, Etc.-Citizens Bank. 1854
bid, 1924 asked, ex-div.; Chatham Bank,
ASA bid, 46h asked. ex-diy.; Germanla
Bank, 1071s bid, 1851 asked, ex-div.; Mer-
chants National Bank, 9016 bid, 80 ask
ed, ex-div.; National Bank of Savannah.
126 bid, l2S asked, eX-div.; Oglethorpe Saw
ings and Trust Company, 1902 bid, lOs
| y,A n L.. 4.
State of Georgia, 100 bid, 165 asked ex-
div Savannah Bank and Trust Com
pany, 100 bid, 101 asked, ex-div. Chatham
| Real Estate and Improvement Company.
A, 5S2 bid, 81 asked; B, 50 bid, SO asked
ex-div.; Peoples Savings and Loan Com
pany, 92 bid, SO asked.
Factory Bonds-Augusta Factory, IS, 100
bid, lO2 asked Enterprise Factory Ga. 1Ol
bid, lO2 asked; Eagle and Phenix Manu-
| featuring Company, per cent. bonds 40
bid, 50 asked; Sibley Manufacturing Com
pany 6s, 100 bid, 101 asked.
Factory Stocks-Savannah Cotton Fac
tory, - bid 55 asked; Augusta Factory, so
bid, 81 asked, ex-div. Graniteville Fac
tory, l45 bid. 151 asked; Langley Factory,
l03 hid, l0l asked Enterprise Factory
| common, SO bid, 80 asked; j. r. King
Manufacturing Company, 1903 bid, 104 ask
ed; Sibley Manufacturing Company, rs
bid, Is asked Savannah Brewing Com
| pdhyt ~ Dlu, " asked.
London. March 4.-Bar silver 29%d;
consols Ill 11-16 for the money and 11l7s
for the account
New York, March 4.--Money on call was
easy at 1l501% per cent; the last loan
was at 11s and closing offered at IL per
cent. Prime mercantile paper per cent.
Bar silver SIC Sterling exchange firm.
with actual business in bankers bills at
S4.S5h44.S51s for sixty days, and $4S79
4.S7h for demand. Posted rates, 81. S66D4 49,
Commercial bills, s4.S464.S5A. Govern
ment bonds firm; state bonds neglected;
railroad bonds firm Silver at the board
was quiet.
New York, March 4-The treasury bal
ances were as follows: Coin. $131, 1872 435;
currency, $6S 793, $780,
New York, March T. A moderate in
quiry for investment account and a little
speculative buying started a firm tone to
the market in the early operations at the
stock exchange. The Improvement how
ever, was of slight proportions and before
the expiration of the first hour of bust
ness the trend of prices was downward.
A period of inactivity followed the dispo-
sition to await President McKinley's ad-
dress before entering into new ventures
being quite general. Then occurred rather
| heavy selling by foreign houses London
being credited with sales of 1900 shares Of
st. Paul and other European favorites.
These liquidations were said to be the re-
suit Of the uneasiness felt abroad over the
eastern situation. break in British
consols also had more or less influence on
timid holders. Shortly after midday the
bears resumed aggressive tactics and I'M
der their sales, the market gradually de-
clined Vague rumors were circulated to
the effect that the new administration In
tended ordering warships to Havana at
once to protect American citizens and this
added to the bearish feeling In the late
49, -
ment was the passage of maximum freight
tariff law by the North Dakota legisla-
ture. This measure gives commission
power to fix freight rates and provides for
a long and short haul clause. The loss in
prices ranged from Il to 215 per cent. Su-
gar lead, some of the sellers interpreting
| President McKinley's message as unfav-
orable to the so-called trusts Omaha
common reacted 2h to 55h; Leather pre-
| ferred to 589s; and Lake Shore. 29l TO
| 1871. The declines in the other prominent
issues ranged from 4 to ia per cent. Man
haitian sold at S6ls to S71s; closing at the
lower figure. The dividend question is to
be settled on Tuesday next. A member Of
the executive committee is quoted as say
ing that the road earned ~ per cent. for
| the quarter, but that a difference of over
opinion exists in the board as to the advis-
ability Of maintaining a yearly rate of 6
per cent. In the final dealings the market
| was AulNNf Dut the unutFlOnc was weak.
| Net changes show losses of y to "a per
cent, the latter in Sugar Total sales
were 226,6f7, shares, including Al 800 Sugar,
$500 st. Paul. 24,s0O Burlington and Quin-
cy, and II, 500 st. Paul and Omaha. 1he
bond market was active and generally
firm. The sales footed up $2,O72,0 COO.
New York Stock List Stocks and Bonds
at the Ciosing-
ANN. Cotton OF. - ~, c. g. ST. L. .67ib
do preferred .. s. IN. j. Central 81. 9iib
| Sugar Refinery ll5%lN. Y. Central . 9Gib
do preferred JOB N. Y. g. ". E.. 81
ANN. Tobacco 7lh.N. and w. pref. %
do preferred .l06 North. Pacific =. l4ik
A., T. and s. r.. 12A do preferred o.. 37il
Il. and o. ...... 1879 Northwestern ...1O6l5
Canada Pacific "a do preferred ..154
G. and o. ...... 17k Pacific Mail -. 26M
| G. and A. ......16sia Reading .......... 2lM
C., -. and O., o.. 76lk Rock Island go. G7z
Chicago Gas 80. 76A st. Paul ......... 7GA
d., l.. and W. ..l53 do preferred 1854
Erie ."........... 145s Silver Certih. -. 6iA
DO preferred S3NsTenn. G. and /. 27M
| Edison q. f. D.. AA do preferred q. 80
Illinois Central 80 Texas Pacific 90. 9k
J.. Il. and w. .. 175k Union Pacific D.. 6M
do preferred :. 81 W.. ST. l.. and p. Gh
| Lake Shore ....167 DO preferred o.. 16