The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-05-04
PAGES 8 TO 10.

IN Il
hid - asked. Georgia ~ per cent. bopds
1a15 ll5 bid. 117i5 asked; Georgia 4 49,
cont due 1895, ll2 bid, asked. eo,.L
Csarolina AIS, 100 bid 10 asked.
civ Bonds-At,anta z per cent 1e2 h.s
asked; Augusta pAs. 1925. los IA 10, ~
asked; Augusta pen cent, ITO bid III
asked; Augusta per cent, 1l2 Ma 80
aalxed: Columbus per cent. 1O3B bib ,a, 10
ssIsea. Macon per cent. IFS bid ~ zs
"a Macon 4ibs, 1926, l03 bid, los aslxe5. e
vannah per cent, quarterly July 49,.
mons 10 bid. 1lOA asked; savannah
per cent, quarterly August coupons no
bid ITO asked; Charleston As ssIh bid aiI
asked.
Western Railroad general MORTGAGE h,, enu
per cent interest coupons. ia hid ~,
asked: Savannah, Florida and wastor,,
first mortgage per cent. gold bonds Az
1924, 1O5 bid, 10S asked Central Railroad
and Banking Company collateral re "a
bid, Sc asked, Central of Georgia panD
road first mortgage 5s, 5O-year gold bonds
ZIG bid, III asked; Central OF Georgia Rail
way first consolidated mortgage, 5s, So bid.
81 asked: Central OF Georgia Railway drsf
preferred incomes, 37Ia bid, 99ia asked: Cen
trail of Georgia Railway second preferred
incomes, 12A bid, 1874 asked: Cen
trail of Georgia Railway tbIrd
preferred incomes, bid. asked.
Georgia Railroad SIS. 1910, 1i2 bid, ia asked.
Charlotte, Columbia and Augusta first 81
lO6 bid. i07 asked; Charlotte, Columbia and
Augusta second mortgage IS 1l5 biz tfs
asked; Georgia Southern and Florida new
5s, 80 bid, 100 asked; South Georgia and
Florida first mortgage rs. 1O2h bid 1ogsk
asked South Georgia and Florida second
mortgage rs, 1903 bid, 104 asked Ocean
Steamship per cent. bonds, 1926, 1u21s bid
105 asked: city and Suburban Railroad
n. g
asked; Alabama Midland per cent. N
dorsed. 81 bid, IS asked; Brunswick ana
Westerns As 70 bid. rs asked South
Bound Railway 81, 20 bid, rs asked: Geor-
gla and Alabama first preferred g. 10i bid
1903 asked; Georgia and Alabama cons. S.
81 bid. SO asked; Eatonton Branch, so biA
S7h asked. Central OF Georgia, Middle
Georgia and Atlantic division IS, 74Ik bid rs
asked.
Railroad Stocks--Augusta and savan-
nah, 30 bid sig asked; Georgia common.
172ls bid 1870 asked; Southwestern, 91Is bid.
92is asked; Atlanta and West Point stock.
1Oi bid. 104la asked; Atlanta and West
Point 6 per cent. certificates, 1903 bid. fO4
asked; Savannah Construction Company.
Go bid, 40 asked.
Gas Stocks-Savannah Gas Light stock
20lh bid. 2liA asked Electric Light ana
Power Company, 72is bid. 74ls asked.
Bank Stocks. Etc.-Citizens Bank. 100
bid, 40 asked; Chatham Bank. As bid 47H
asked; Germania Bank. 100 bid ITO asked.
National Bank of Savannah, 1876 bid. 19e
asked; Merchants National Bank. SO BID
s4A asked; oglethorpe Savings and Trust
Company. 1915 bid, 1O6 asked; Southern
Bank of the State of Georgia, 1870 bid. 135
asked; Savannah Bank and Trust Compa-
ny, 1914 bid, 1924 asked; Chatham Real
Estate and Improvement Company, A. 54N
bid. 55h asked; b, 531a bid, 54Ik asked; peo-
nj la a ~
95h asked.
Factory Bonds-Augusta Factory, 10i
bid, 1O2 asked; Eagle and Phoenix Manu-
featuring Company, per cent. bonds, 80
bid, 40 asked; Sibley Manufacturing Com
pany, 6s 100 bid, 1902 asked.
Factory stocks-Augusta Factory. Sc
bid Is asked; Graniteville Factory, 145
bid, ISL asked; Langley Factory, l01 bid.
1Oi asked; Enterprise Factory, common.
90 bid, 96 asked; ]. II. King Manufacture
ing Company, 10 bid, 105 asked Sibley
Manufacturing Company. 70 bid, 76 asked:
Savannah Brewing Company 80 bid, %
asked.
New York May s.--Money on call was
firm at 2I4u3ls per cent,
the last loan, 2lk per cent
Prime mercantile paper, 6qD7 per cent. ster-
ling exchange firm, with actual business in
bankers bills AT $4S4h@4S41s for demand,
and at s4.S1Qt4.s1A for sixty days. Posted
rates, A,s11s6l4s2, and $4.856C4 S5Ik. CONNER
clal bills, &.s004.sOlz Silver certificates,
55Aq56lsc. Bar silver, 55s4c. Mexican dol
lars. 45hc. Government bonds strong. State
bonds dull. Railroad bonds irregular
New York, May 3-The Evening Posts
London financial cabegram says: THE
stock markets here opened good on the
American war news. Americans naturally
leading. but the support here was entirely
bears covering and professional operations.
There was no general buying and prices
closed under the best. Two more failures
in the West Australian account are an
nounced The worst Is now over financially,
but the matter possibly may re-appear in
the courts of justice.
Spanish As were neglected and duh. A
feature to-day was the sharp rise in India
stock and the fall OF silver on the an
nouncement of proposals of the Indian
government for an immediate gold stand
ard and on sales of silver stocks by the
government, The details Of the scheme,
however, are so weak, Illogical and unprac-
tical that there is no likelihood Of its be-
Ing passed by the committee in its pres
ent form"
New York, May 3.-After yesterdays vi
olent advance in prices some reaction was
70 be expected to-day, the trading OPEN
ing, as was the case yesterday with heavy
selling orders by large operators who were
desirous of taking profits. London refused
10 accept TO the full extent the sanguine
Views taken yesterday by Wall street of
the benefits to accrue from Commodore
Dewey's victory al Manila.
The heaviness in London affected open
ing quotations, but they were not down to
the London parity, and they were sus-
tanned by very heavy commission house
buying during Che first hour This invit-
ed arbtrage selling and the shares OF diff
ferent stocks sold for London account
here were estimated at as high as $4,000
shares. The failure OF the market TO adj
vance served TO discourage the outside IN
terests and buying orders were Withdrawn.
The market gradually sagged to a lower
level. There was quite a heavy buying
movement which carried the prices OF the
market leaders nearly back to last nights
level and established numerous noteworthy
net gains through the list. The scope of
the trading was broad and embraced a
large number of stocks.
The money market showed some tenden-
cy to harden in the commercial paper de-
partment and for coal loans. A further
eugagernent of 81. COO, 600 of gold for import