The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-03-10
SAVANNAH. GA THURSDAY. MARCH TO- 1893

vannah { per cent quarterly April cou-
pons llOls bid, 1111a asked; Savannah per
cent. quarterly May coupons, 1l0ls bid. III
asked; Charleston Is IS bid 90 asked
Railroad Bonds-Savaunah Florida and
Western Railroad general mortgage bonds.
per cent. interest coupons, III bid lis
asked; Savannah. Florida and Western
first mortgage per cent. gold bonds. due
1924, 1OSls bid, 109l6 asked: Cen
ual Railroad and Banking Company col
lateral 5s. SSH bid, S9ih asked; Central of
Georgia Railway first mortgage IS, 90
year gold bonds 1l6 bid M asked; Central
of Georgia Railway first consolidated
mortgage 5s S9l2 bid. 81 asked; Central OF
Georgia Railway first preferred incomes
80 bid, 40 asked; Central of Georgia
Railway second preferred incomes, l3l6
bid IA asked; Central of Georgia Railway
third preferred incomes, bid ~ asked;
Georgia Railroad 6s, 1910. ll3 bid. III asked;
Charlotte. Columbia and Augusta first IS
107 bid, los asked; Charlotte, Columbia and
Augusta second mortgage Is, III bid, llSla
asked Georgia Southern ana Florida new
as 100 bid, 101l% asked; South Georgia and
Florida first mortgage rs 1929 bid, 1885,
asked: South Georgia and Florida second
mortgage Is. 1893 bid, 105 asked; Ocean
Steamship per cent. bonds, 1926, 100 bid,
JOG asked: City ana Suburban Railroad
asked Alabama Midland per cent. in
dorsed, Sc bid, 80 asked; Brunswick and
Western As. IL BID. 77ia asked; South
Bound Railway 5s. p bid, IS asked; Geor-
gia and Alabama first preferred IS, lO3 bid,
104 asked; Georgia and Alabama cons. 5s,
SO bid SO asked Eatonton Branch, 50 bid.
SSlh asked; Central of Georgia, Middle
Georgia and Atlantic Division IS, - bid 81
asked.
Railroad Stocis--Augusta and Savannah,
81 bid 50 asked; Georgia common bid,
$50 asked; Southwestern, 80 bid "a asked;
Atlanta and West Point stock, 1903 bid, 10i
asked; Atlanta and West Point per cent.
certificates. 1903 bid, 10i asked; savannah
Construction Company, bid, Is asked
Gas Stocks-Savanna Gas Light stock,
% bid, % asked; Electric Light and Power
Company, 70 bid, n asked.
Bank Stocks. Etc.--Citlzens Bank, 109h
bid, 40 asked Chatham Bank, 4S1s
bid, 40 asked Germania Bank, 1903
bid, asked National Bank of Savan-
nah, 125 bid, 1875 asked; Merchants National
Bank, S415 bid, So asked; Oglethorpe Saw
ings and Trust Company, l05 bid, 106
asked; Southern Bank of the State of
Georgia, bid, 1SS asked; Savannah
Bank and Trust Company, lO2 bid lO294
asked; Chatham Real Estate and I'm
provement Company, A, 50 bid, 56 asked; b,
Loan Company, 95 bid, 81 asked.
Factory Bonds-Augusta Factory, l0f
bid, 102 asked; Eagle and Phoenix Manu-
featuring Company, 8 per cent. bonds, 80
bid, 40 asked; Sibley Manufacturing Com
pany, Is, 100 bid, 1O2 asked.
Factory Stocks Augusta Factory, 60
bid, rs asked Graniteyille Factory, l45 bid
| 151 asked Langley Factory, 10l bid, lW
| asked; Enterprise Factory, common, %
bid, 96 asked; ]. r. King Manufacturing
Company, lO4 bid 1O5 asked; Sibley Manu-
featuring Company, 70 bid, 76 asked; Sa-
vannah Brewing Company, 80 bid, -
asked.
! New York, March 9.--Money on call Was
| steady at PAM per cent; the last loan
was at 2 per cent. Prime mercantile pa
| per, 404lA per cent. Sterling exchange,
weak, with actual business in bankers
bills at s4.S37sd4s4 for demand, and at $t.sl
! Q4Slh for sixty days; posted rates, A.s2Q
4.s3 and $4,s5d4.S51a. Commercial bills,
| S4.S01a. Silver certificates, 54ss@55c. Bar
| silver, size. Mexican dollars, 44Mc. Gov
I eminent bonds were strong; state bonds
were dull; railroad bonds were firm.
New York, March 9.-The Evening Posts
! London financial cablegram says. ITO
| days settlement in the stock markets has
revealed a comparatively small account,
| owing to recent liquidauons and consider
ing the dearness of money, contangoes
were fairly light. This was most notlcea-
| BILE in Americans where the contangoes
! were 5 to 81 per cent. The settlement in
that market shows that as a result of The
recent heavy liquidations. the account is
either smaller than for months past or
| else the stock has gone into much stronger
| hands. AT the same time the recent shake
! out was so severe that undoubtedly the
next initiative will have TO come from
| New York. A weak bull account was dis
| closed in Grand Trunk, where the contain
| goes were as high as % per cent. The
| general tone In all the markets was bet
| ter and calmer to-day, but the close was
| under the best. The shrewdest financiers
/ here look for no immediate recovery in
| the best investment stocks, because of dear
money, but 1t is believed that speculation
may revive after the floating of the Chi
nese and other loans Cold Is still being
bought for export to New York. There
] was sharp fall in Brazilian stocks az the
! close. Exchange Is down sgd. Private ca
bles report a suspension of business in
| Bombay In consequence of riots.
New York March 9.--Trading on the
Stock Exchange all day was listless with
the exception Of an early burst of activity.
| There were buying orders at the opening
and there was the additional incentive OF
! a sharp recovery in Americans on the Lon
| don exchange so that the professional trad
| ers who were seeking the vulnerable
points in the armor of the bear contingent
succeeded in bidding up TO uncover mar
| gins of some of the shorts.
| The result of the scramble TO cover help
| ed the rise which was most marked In the
| specialities, but which extended up to a
| point also IN the railroad
list One unimportant failure
| resulted from the squeeze OF
the shorts. After the reduction of the
short interest, prices sagged with only oc-
oasonal slight Interruptions during the re-
mainder of the day. In the late dealings
| the level Of the market had fallen practi-
cally to last nights level, but a hardening
at the close resulted In a small gain
| throughout the list
The periodical settlement on the London
| exchange caused some buying here for
that account The feversh and uncertain
tone Of the foreign markets was, however
more or less reflected here The weakness
| on foreign exchange on reports Of internal
trouble in Brazil also had ITS influence in
| unsettling the local stock market Realiz-
| ing in New York Central after the declara-
iion of the regular quarterly dividend has
| depressing influence on the list. The con-
| ti,,,nA ongagan,enf Of gold for irnnort had