The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-05-15

asked; South Georgia and Florida second
mortgage Is, 10S bid, 104 asked: Ocean
Steamship per cent, bonds 1926 1OS bid,
100. asked; City and Suburban Railroad
hrst mortgage per cent. bonds, 100 bid, 103
asked; Alabama Midland per cent IN
dorsed. 81 bid, IS asked; Brunswick and
| Western Is, u bid, 70 asked; South
Bound Railway 5s. 20 bid, 70 asked; Geor-
! gia and Alabama first preferred 5s, 1O2 bid,
l03 asked; Georgia and Alabama cons SIS,
y bid, 50 asked; Eatonton Branch. so bid,
/ STA asked; Central of Georgia, Middle
| Georgia and Atlantic division IS, &c bid 50
| asked
Railroad Stocks-Augusta and Savan-
nah, 80 bid, SO asked; Southwestern, 80,
bid, 90 asked; Atlanta and West Point
stock, 104 bid, lola asked; Atlanta and
West Point per cent. certificates. 1903 bid.
l04 asked Georgia common, 175 bid. $50
asked; Savannah Construction Company
s. bid, SO asked.
Gas Stocks-Savannah Gas Light stock,
30ls bid, 21A asked; Electric Light and
Power Company, 72l5 bid, 74l5 asked.
Bank Stocks, Etc.-Citizens Bank, 100
bid, no asked; Chatham Bank 46 bid. 47I5
asked; Germania Bank 100 bid, 10 asked;
National Bank of savannah lbs hid 12e
asked; Merchants National Bank, SO bid,
S41a asked; Oglethorpe Savings and Trust
| Company, los bid. LOG asked; Southern
Bank of the State of Georgia, 100 bid 1856
asked; Savannah Bank and Trust Compa-
ny, 1914 bid, 1929 asked; Chatham Real
Estate and Improvement Company, A, 81
bid. 55A asked; b, 53h bid, 544 asked; Peo-
Piles Savings and Loan Company, IS bid,
81 asked.
Factory Bonds-Augusta Factory, 10l
bid, 1872 asked; Eagle and Phoenix Manu-
featuring Company 5 per cent bonds, 80
bid, 40 asked; Sibley Manufacturing Com
pany, IS. 100 bid, 102 asked.
Factory Stocks-Augusta Factory. s.
bid, rs asked: Graniteville Factory. 145
bid, 151 asked; Langley Factory, 101 bid,
| 104 asked; Enterprise Factory, common.
SO bid, SO asked; ]. r. King Manufacture
ing Company, 10i bid, 105 asked; Sibley
Manufacturing Company, 70 bid, 76 asked:
savannah Brewing Company, 80 bid, %
| asked
New York May 14.-Money on call was
steady az per cent; prime mercantile
| paper steady, 5d615 per cent Sterling
! exchange strong, with actual business in
bankers bills at S4.S51s for demand and at
| $4.S2lA for sixty days Posted rates, $4.SSP
4.S61a. Commercial bills A.S01ad4S1. Sill
yer certificates, 56l4 G5714c. Bar silver, 67sc.
| Mexican dollars, 45c. State bonds were,
| dull; railroad bonds were weak; govern
ment bonds were steady.
New York, May A.-The weekly bank
statement shows the following changes:
Surplus, reserve, Increase, s., 0S0, $50; loans,
increase, $2,5S2,000; specie, increase, $751;
500; legal tenders, increase, $1,2US, 700; de-
posits, increase, 81, 900; circulation in
crease, 1914, 400 The banks now hold $45-
,225 In excess of the requirements of the
% per cent. rule.
New York, May 14-The Evening Posts
London financial cablegram says: 1.-The
stock markets here opened fiat on Colon
ial Secretary Chamberlain's speech and af-
| ter a feeble rally closed dull. Americans
were especially weak, as were also Ar
| gentines. The Argentine government is
arranging to place per cent. treasury
| bills. Russia is buying gold again.
| New. York, May 14.-There was a very
| obvious disposition to-day in speculative
| circles to leave the stock market alone,
| pending the developments of the next
| move of the Spanish and American squad
rons. London's quiet feeling was due to
| the plain speaking of the British secre-
| tary of state for the colonies, Mr.. Cham
berlain, as to the likelihood of European
coalition against Great Britain. Appar-
| entity no account was taken by dealers
in securities of the speakers assurances
that intervention in favor of Spain would
not be assented TO by Great Britain.
In fact, all considerations turned on
the expected news from Admiral Samp-
son. The offerings for London account
were well absorbed in spite of the pre-
| vailing dizziness, and prices were lifted
above the London parity. Fractional net
| losses were the rule at the close.
The latter part of the week has been
] a reaction in the stock market, but the
last prices are still substantially above
those of last Saturday, except in some of
| the specialties. Net gains range from a
| fraction up to four points.
| The market has had to absorb contih>
ued offerings of American securities for
| foreign account, due to the more strin-
gent money conditions abroad and to the
effort to mitigate the demand for gold to
settling exchange balances These offer
| ings were well absorbed early in the
week, but in the duller market since We'd
nesday they have had more marked eff
feet. A more reliable indication of the
financial outlook is found in the money
market.
The bond market has moved in sympa-
thy with stocks, the latter part of the
week showing some reaction from carrier
strength and activity.
United States new As advanced u, the
IS and the old As coupon ", and the old
As registered u in the bid price.
The total sales of stocks to-day were
14s,3OO shares, including Atchison PREFER
ed, 7,435; Chicago, Burlington and Quincy,
7, 1884, Manhattan, 1883; Rock Island, S6S5;
American Tobacco, 1887; Sugar, 1927.
New York Closing Stocks.