The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-04-12
PAGES 8 TO 10.

Railroad stocks-Augusta and Savan-
nah, 81 bid, 92la asked; Georgia common.
40 bid, $50 asked: Southwestern. 901s bid,
9i1h asked; Atlanta and West Point stock.
1881 bid, l0ils asked; Atlanta and West
Point 8 per cent certificates. 1903 bid, lO4
asked Savannah Construction Company,
81 bid. 66 asked.
Gas Stocks-Savannah Gas Light stock,
2Ois bid. 211s asked; Electric Light and
Power Company, 7415 bid, 75ia asked
Bank Stocks, Etc.-Citizens Bank, 109
bid, ITO asked; Chatham Bank, 4S bid, 40
asked Germania Bank 100 bid, 10 askeds
National Bank of Savannah, 125 bid, 126
asked Merchants National Bank, 81 bid,
IS asked; Oglethorpe Savings and Trust
Company, 105 bid, LOG asked; Southern
Bank of the State of Georgia, - bid 1888
asked: Savannah Bank and Trust Compa-
ny, 10lIk bid, 1929 asked: Chatham Real
Estate and improvement Company. A.
50 bid, 56 asked; b. 54l5 bid 55 asked5
Peoples Savings and Loan Company, 50
bid, 81 asked.
Factory Bonds-Augusta Factory, 10t
bid, 1902 asked; Eagle and Phoenix Man
ufacturing Company per cent. bonds, 80
bid, 40 asked; Sibley Manufacturing Com
pany. 6s. 100 bid, 1902 asked
Factory Stocks-Augusta Factory, 69
bid, rs asked Graniteville Factory. las
bid, 15l asked; Langley Factory, 101 bid,
SO bid, 96 asked; j. II. King Manufacture
ing Company, 104 bid, 1O5 asked Sibey
Manufacturing Company 20 bid. 76 Asked
Savannah Brewing Company, 80 bid, %
asked.
New York. April 11.--Money on call was
firm al 2a41a per cent; the last loan was
at per cent; prime mercantile paper,
seas per cent. Sterling exchange steady,
with actual business In bankers bills, at
| AS3AM4S32 for demand and at 81. S0h for
| sixty days; posted rates, 81. S0ll4. S0lz COM
merciai bills. S4.79u479lh Silver certih-
Gates 55laq5shc; bar silver. 557sc; Next
can dollars, 45c. Government bonds were
strong; state bonds were dun; railroad
bonds were strong.
| New York, April u.-There was a period
OF about tifteen minutes of animated SELL
| ing and quickly dropping prices on the
/ Stock Exchange to-day after the reading
| of the Presidents message TO Congress-,
and some large buying orders were exec
! cuted Ia the last fifteen minutes of trad
Ing, which brought prices up 10 the top
| level of the day.
Net gains at the close were over a point
| for most leading stocks. The days results
were surprise. IL can scarcely be gain
said that they go far to demonstrate that
very few speculative contracts remained
to be covered. The buying was largely by
| foreign houses, and, IL IL said, the pur-
I
on the London exchange tomorrow That
exchange was closed to-day
The absence of any specific recommends
| ton in the Presidents message for ousting
| the Spaniards from Cuba was taken as a
! bull point. To-day's market demonstrated
| that until this question Is decided there
4 10 no disposition 10 enter into large oper-
| atoms in securities. The making Of call
| loans at 4 per cent. indicated that thcre
Is no immediate prospect OF easy condi-
tons in the money market. The sub-treas-
ury's credit balance OF sl97.O3S reflected
the further withdrawal of the Union Pa
cihc payment. which had been left on de-
poslt with New York banks. and which is
| now being withdrawn as a set-oR to the
| governments expenditures for defense ac-
| count. In addition to the withdrawal of
government deposits the movement of cur
rency TO the interior continued to-day In
full force.
There was no marked activity in to-
days bond market but prices shower
strength as the day advanced. Total sales
81 ,O25, 900. New As registered advanced nc;
new Is coupon ssc; the old As registered
and the 5s, a in the bid price. The total
sales of stocks were $4,000 shares includ-
ing Burlington, 2g.lO1; Louisville and Nash
vile, s,772; Manhattan, 1885; Metropolitan
Street Railway. 1857; Northern Pacific.
5,245; Northern Pacific preferred, 1900;
Rock Island, 7.7l0; st. Paul, 1890; Union
Pacific preferred, 1894; American Tobac-
co, G,2Gl; Sugar. 57.S06.