The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-03-15

first mortgage 8 per cent gold bonds. due
1924. l0SIe bid. 109ls asked Cen
trail Railroad and Banking Company col
lateral 5s, SSla bid, S9l2 asked; Central of
Georgia Railroad first mortgage 5s 80
year gold bonds ll6 bid, III asked; Central
of Georgia Railway first consolidated
mortgage 5s, S9ih bid, 81 asked, Central of
Georgia Railway first preferred incomes,
36la bid 3S12 asked Central of Georgia
Railway second preferred incomes. 1919
bid, 1875 asked; Central of Georgia Railway
third preferred incomes, 6 bid, asked;
Georgia Railroad Is, 1910 113 bid, ia asked;
Charlotte, Columbia and Augusta first 5s,
l07 bid, los asked; Charlotte, Columbia and
Augusta second mortgage Is, III bid, llSl2
asked Georgia Southern and Florida new
IS, leo bid, 1914 asked; South Georgia and
Florida first mortgage Is. 1929 bid, 1881
asked; South Georgia and Florida second
mortgage Is, 1903 bid 105 asked; Ocean
Steamship per cent. bonds, 1926, los bid,
LOG asked; City and Suburban Railroad
first mortgage per cent. bonds, 81 bid, -
asked; Alabama Midland per cent. in
dorsed, Sc bid, 80 asked; Brunswick and
Western As, 10 bid, TN asked; South
Bound Railway IS, - bid IS asked; Geor-
gia and Alabama first preferred 5s, 1903 bid
104 asked; Georgia and Alabama cons. 5s,
$50 bid SO asked; Eatonton Branch, So bid.
ot14 dSheus 1SINtdl VI GNOt SiuB NN'tNiS
Georgia and Atlantic division 5s, - bid 81
asked
Railroad Stocks-Augusta and Savannah,
93la bid, 941a asked; Georgia common, us
bid, 1870 asked Southwestern, so bid, 92ls
asked; Atlanta and West Point stock,
1031a bid, 1041s asked; Atlanta and West
Point per cent. certificates, 1903 bid, 1Oi
asked. Savannah Construction Company,
= bid, 70 asked.
Gas Stock-Savannah Gas Light stock,
% bid, % asked; Electric Light and Power
Company, rs bid, n asked.
Bank Stocks, Etc.-Citizens Bank, lQ9ia
bid, 40 asked; Chatham Bank, isls
bid, 40 asked; sGermania Bank, 100
bid, 40 asked: National Bank of Savan-
nah, 1875 bid, 1875 asked; Merchants National
Bank S41s bid, s. asked; Oglethorpc Saw
ings and Trust Company, 105 bid, JOG
asked Southern Bank of the State of
Georgia, bid 1873 asked: Savannah
Bank and Trust Company, 1902 bid, l02ls
asked; Chatham Real Estate and In
provement Company, a, So bid, IS asked,
B, SAY bid So asked; Peoples Savings and
Loan Company, 50 bid, 81 asked.
Factory Bonds.--Augusta Factory, 1G'
bid 1902 asked; Eagle and Phenix Manu-
featuring Company 5 per cent bonds, IS
bid 40 asked; Sibley Manufacturing Com
pany, 6s. 100 bid. 1902 asked.
Factory Stocks-Augusta Factory, s.
bid 70 asked; Grantevile Factory, las bid,
ISL asked; Langley Factory, 10l bid 19i
asked Enterprise Factory common, %
bid 96 asked; J. r. King Manufacturing
Company, lo4 bid l05 asked; Sibley Manu-
featuring Company 20 bid, 76 asked Sa-
vannah Brewing Company, 80 bid, ~ asked
New York March 14.-Money on call was
steady at 2G2h per cent; the last loan
was at 2ls per cent. Prime mercantile
paper, 4h@5h per cent. Sterling exchange,
soft, with actual business in bankers bills
at S4S3% for demand and %.S0A for sixty
days; posted rates, $f.s2M4S3 and 81 SJT
4 s51h. Commercial bills, $3.50. Silver GER
titicates, 542sQ5514c Bar silver, 541ac. Mex
lean dollars, A34c. Government bonds were
weak; state bonds were dull; railroad
bonds were strong.
New York, Moreh 14.-The Evening
Posts London financial cablegram says:
Americans continue unsettled and fever
ish, the chief depressing influence to-day
between Paris where the bourse was de-
morallZed by the fall in Spanish securities
and the Coulsse agitation. The severe
slump in Americans on Saturday attract
ed the attention of buyers here and prices
improved 1.50 above the New York par
ity, New York responding to this latter
further Improvement took. place with
considerable International buying for Ger
many, but the close was dull in the street
Kaffirs, which have been dull the last few
days on Paris conditions closed pnnicky
on the news Of the murder of Woolf Joel,
the existing head of the firm of Barnato
Brothers. One small stock failure was an
nounced, but it was not connected with
Americans Indca atoms of a continuance
of dear money still exists. large amount
of gold was bought for New York to-day.
The question of a rise In the Bank Of
Englands rate on Thursday Is much dis
cussed. The open market rate Is 3 3-l6.
The Paris bourse was a trifie better, after
a period of dullncss. Spanish securities,
which had been 5214, closed at 527s. The
Berlin market was steady"
New York. March lathe stock and
bond markets were strong throughout The
day Different opinions were offered as TO
The cause of this and probably all had
some truth in them. That the excess of
buoyancy was a surprise TO many profess
sionaf traders, even 10 those who eX-
pected some natural rebound from Satur-
days excessive depression, was evident
Prices Of Americans were advanced in
London before the opening here. This
was the more notable on account Of the
acute depression of the Spanish govern
ment bonds, which fell 21s In London on
Paris selling, and showed an extreme de-
cline of IA in Paris. The course of these
bonds has been looked to as a true index
of the diplomatic relations of the United
States and Spain. This discrepancy
might mean that capital looks fayorably
upon the excellent financial and indus
trial conditions in the United States, IN
spite of the danger of war, or Il might
mean that the acute financial dress Of the
Spanish government detracts from the
value OF its bonds in spite Of the chance
of peace. 1t IS not 10 be lost sight of
that United States bonds In the market
declined " per cent. in the bid price in
face of the strength of all other securi-
ties 1t is possible. however that the stiff
fleming OF the money rate may have ac-
counted for this movement. Certain II Is
that there was very large covering OF
short contracts which had been left open
over Sunday on the belief that some new
and dangerous development was imminent
in our relations with Spain.
The firmness Of prices was sustained to
the close. There was a demonstration
that the underlying strength Of the con-
ditions Of the country would quickly bring
bout a recovery Of prices upon any re-
taxation of the tension over the Cuban
question.
Gold continues TO be engaged abroad for
s-orort fn-davfe ACKNOWLEDGEMENTS aUQrpVat-