The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-05-28
FINANCIAL.
Money-Market steadv.

houcy-MaTkel steady
The bank elearings during the past week
were $,64, 1881, AGAINST $1,565 977. 81 for the
same week last year and $l7S6 ll3.7S for the
same week in 1896
Foreign Exchange - The market IL
steady. The following are the net Savan-
nan quotations; Commercial demand
81 s6H; sixty days, S4.S3la: ninety DAYS
81 SOB; francs, PARIS and Havre. sixty
days 5.227s; Swiss sixty days. g. 5I6.
marks sixty days. 943s.
Domestic EXchGnge-St banlss a.,
buying al 1-l6 per cent. discount ana sou
ing as follows Up TO SIS. Zoe premium s55
TO $50, l5c premium; $50 10 500. zoe IRE
MUM: $500 90 $1,000, Coo premium: 81 ooo
ana over, 1-lG per cent premium.
Secunties-Market is steady al quota
Hons.
Stocks and Bonds-state Bonds-Geor.
gta 8h per cent. bonds OF 1880. 1C? bid foqik
asked: Georgia 3ia per cent. due Iei5 1a5
bid. lO7 asked, Georgia AZ per cent bonds
1915. III bid, us asked Georgia Me-
cent. due 1926, liz bid, 115 asked. Soi,tb
Carolina 4l5s, no bid, il2 asked.
CITY Bonds--Auanta per cent. lo2 hjd
- asked Augusta AS, 1925, l05 bid ios
asked: Augusta Z pei cent. 10 bid ~,
asked: Augusta 6 per cent, ll2 NIX 80
asked; Columbus per cent. lO3lh bI1 ,o ti@
asked; Macon 6 per cent. 116 bid ~ 1a
"a Macon MS. 1926, 1876 bid, los ASH. "a
vannah 5 per cent, quarterly mi, 9a-
mons. t1Olk bid, Ill asked; Savany. Sou-
nor cent, quarterly August Gomez,
bid, 1862 asked; Charleston As. o. bib id ~
asked.
railroad Bonds-savannah. Flor,da -.
Western Railroad general MORTGAGE -, a.lu
& per cent interest coupons liz ~ Us,
asked; Savannah. Florida ana w.. ~
first mortgage per cent. gold bonds az
1924. 104 bid l0o asked. Central Pon,ae3
and Banking Company collateraI Es 81
bid SO asked; Central of Georgia D.
road first mortgage 5s 50-year gold horl.,
116 bid, III asked. Central of Georgia Rsu
way first consolidated mortgage s.. 81 bid
SO asked: Central Of Georgia Railway FIRST
preferred incomes, 1872 bid, 1914 asked. cen
trail of Georgia Railway second DreCerrod
incomes. 1879 bid, l4A asked 49,
trail of Georgia Railway th,sa
preferred incomes, g bid. III ael-sS.
Georgia Railroad 6s, 1910, ii2 bid. ina osso1!
Charlotte, Columbia and Augusta erat ~
1917 bid 1903 asked; Charlotte, Columbia and
Augusta second mortgage rs, lis bid. ia
asked; Georgia Southern and Florida neg
5s 1924 bid, 1913 asked: South Georgia ana
Florida first mortgage rs. iO2Is hid 1oqiL
asked; South Georgia and Florida second
mortgage IS 1021s bid 1903 asked !" Occa,,
Steamship 5 per cent, bonds, 1926. 103 hid
1876 asked; City and Suburban Railroad
first mortgage per cent. bonds, 81 bid 101
asked; Alabama Midland 8 per cent In
dorsed, 81 bid, 50 asked; Brunswick and
Western 49, ~ bid rs asked. go,th
Bound Railway S. 20 bid, rs asked Geor.
gla and Alabama first pref Is. 1oib hid
1921 asked; Georgia and Alabama cons as
IS bid. SO asked; Eatonton Branch. 80 bid
S7A asked; Central of Georgia. Middle
Georgia and Atlantic division 5s, rs bid 80
asked.
Railroad Stocks-Augusta and savan-
nah. 1914 bid, 1914 asked; Southwestern g2ih
bid, 93A asked; Atlanta and West Point
stock, 165h bid, 1861 asked; Atlanta and
West Point per cent certificates. 104 bid
lO4ls asked; Georgia common, I76 bid 1872
asked; Savannah Construction Companv
Go bid, 60 asked.
Gas Stocks-Savannah Gas Light stock
225 bid, % asked: Electric Light and
Power Company, 1871 bid. 741 asked.
Bank Stocks, Etc-Citizens Bank, 1924 bid
40 asked; Chatham Bank, 46Ia bid. Az
asked Germanla Bank, 10 bid, III asked:
National Bank of Savannah. l25 bid 19a
asked Merchants National Bank, Sc bid
~ asked; Oglethorpe Savings and Trust
Company, 105 bid. l0G asked; Southern
Bank of the State of Georgia. 100 bid 135
asked; Savannah Bank and Trust Gonna
ny, 1913 bid, 1924 asked; Chatham Real
Estate and Improvement Company, A, 55lb
bid 56 asked r. 54l5 bid, 55h asked Peo-
pies Savings and Loan Company, % bid.
&c asked.
Factory Bonds-Augusta Factory, 10i
bid, l02 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, Sc
bad, rs asked: Granteyille Factory, 145
bid, Isl asked Langley Factory, 100 bid
al faf
30 bid, "a asked J. r. King Manufactur-
ing Company, 100 bid 10l asked; sibley
Manufacturing Company, 10 bid, 70 asked:
Savannah Brewing Company. 80 bid, %
esked.
New York, May 27.-Money on cali was
steady at lA per cent, the last loan was
at lA per cent, prime mercantile paper
31@n41a per cent. Sterling exchange firm
with actual business in bankers bills at
"a 6h0fSGls for demand and at $l8fAf5
4.84l2 for sixty days. Posted rates, "a So
and i.S7l5. Commercial bills, 81. SCAT 83IA
Silver certificates, 5SAd5SAc. Bar silver
577sc. Mexican dollars, 45Ac. Government
bonds were irregular. State bonds were
dull. Railroad bonds were firm.
New York, May 2L--The stock market
enjoyed period OF strength this morning
but the early gains were practically all
wiped out before the day ended, except i'm
the few special stocks, which had sustain
ed the list an day. Even SOME Of those
closed at prices as low or lower than last
nights closing.
Rock Island was the most conspicuous
figure in the railroad list and was al
vauced almost two points in the early trad
ing, but saved only a little over a point OF
its net gains The Changers. as a group,
shared IN this early strength and there
was good buying also in the VanderbiIts.
London was a buyer OF the International
stocks in this market, and there were con-
spicuous gains in the case Of several iso-
lated stocks.
Later weakness in the market was IN
doubtedly due 10 a growing doubt as 10
the @horeabouts Of the Spanish feet The
bull element on the exchange IS by no
means satisfied with the lethargy in the
money market, the absence OF demand for
funds arguing a halt in business. Contin-
ued difficulties over the adjustment of rate
controversies cast a shadow over the
market The marked failing Off IA the for
eisn demand for grain on account Of the
declining apprehension of a future short
supply is also having its effect on stocks.