The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-03-26

asked; Atlanta and West Point stock,
los bid 1914 asked; Atlanta and West
Point 6 per cent. certificates los bid, 1Ui
asked; Savannah Construction Company
Is bid, 40 asked.
Gas stock-Savanuah Gas Light stock,
q bid. % asked; Electric Light and Power
Company, "A bid, 75l2 asked
Bank Stocks, Etc.-CIuzeus Bank 1Q9
bid, 10 asked; Chatham Bank, IS
bid, 40 asked; Germania Bank, 1e9
bid. III asked National Bank Of Savan-
nah, l25 bid. 126 asked: Merchants National
Bank, 81 bid, So asked; Oglethorpe Saw
ings and Trust Company. 10j bid, JOG
asked; Southern Bank of the State OF
Georgia, - bid, 13S asked; SavonraL
Bank and Trust Company, 10li5 bid, l0212
asked; Chatham Real Estate and In
provement Company, A, IS bid, 56 asked
b, 541a bid, S. asked; Peoples Savings and
Loan Company. % bid. 81 asked.
Factory Bonds.-Augusta Factory, 1G,
bid, 102 asked; Eagle and Phenix Manu-
featuring Company 3 per cent. bonds, IS
bid, 40 asked; Sibley Manufacturing Com
pany. IS. 100 bid. 102 asked.
Factory Stocks-Augusta Factory, s.
bid, 70 asked; Graniteville Factory, 145 bid,
551 asked: Langley Factory, 10l bid. 104
asked; Enterprise Factory, common 90
bid. So asked; ]. r. King Manufacturing
Company 1O4 bid 105 asked; Sibley Manu-
featuring Company 20 bid, rs asked; Sa-
eannah Brewing Company, 90 bid, 80 asked.
New York, March p, 3 p. m.-MOney on
call was steady al 1$4@2 per cent; the last
loan was at per cent. Prime mercantile
paper, 41zG512 per cent. Sterling exchange
was weak with actual business in bank
ers' bills at $LS312a4.S324 for demand, and
at S4S05sG4S1 for sixty days; the posted
rates were &S1l5G4,S2A and &Sf2G4S5.
Commercial bills, S48014. Silver certificates,
55s. Bar silver, 55c. Mexican dollars, 4424c.
Government bonds were weak; state bonds
were quiet; railroad bonds were weak.
New York March 25.-The Evening
Posts London financial cablegram says:
1.-THE stock markets here opened fiat TO-
day on the London Times cables concern
ing the Chinese concessions to Russia i'm
proved later on M. HanotauX assurance to
the Paris Figaro that the relations of
France with ali nations are cordial and
finally closed fiat again. The nervous
feeling is increasing as the settlement ap-
proaches. Americans, after partial raj
ly, closed fiat. There was a further fall
in South American government and rail-
road stocks on forced selling. There was
a sharp fall in Spanish As, which closed
only a fraction above The lowest. Span
ISL exchange on London was demoralized
and quite nominal"
New York March 25.-To-day's closing
prices were the lowest in most cases since
the Cuban question became a dominant
factor in the situation. Twenty active
shares averaged lower than at any time
this year, and government new As coupon
were down to 11S% bid. This was on the
assumption that new issues We're possible
If expenditures for war purposes continued
long
Before the battleship Maine was blown
up they were quoted above 1913. 1t was free
ly predicted that the Maine report would
be extremely unfavorable. The market
opened with quotations slightly below yes
teTd1y's final figures. The bears, however,
were determined to bring about substan-
italy lower level. and hammered many of
the leading stocks vigorously in an endeav-
or TO precipitate liquidation. The local
traction shares and Sugar were the most
Vulnerable points of attack and the weak
ness was soon communicated elsewhere
Numerous stop loss orders We're executed
and the market, for time, took on a very
animated appearance with losses ranging
between l and points during the first hair
hours operations.
Purchases for London account, and an
effort on the part of some traders to rally
prices gave steadier tone. which. how
ever, was accompanied by extreme stagna-
tSon. As the day progressed the market
dipped frequently, but there was an abb
ssnce of feature in the general speculation
until the final hour when extensive llaui
dation set in which depressed bulk of the
high priced specialties to the lowest figures
OF the day.
Washington houses were sellers. and Il
was inferred that they might have some
intination of the nature of the Maine re-
pert. The local speeialties were conspicu-
ously weak. Sugar was down 3hc partly
on fear of the proximity of Increased COM
petition In the trade. The steady decline
In this stock tended to color recent reports
that inside support had been Withdrawn
for the time being.
There was a further engagement for i'm
Fort of a moderate amount of gold. max
trg the total of the present movement. in
Guiding that from Australia nearly s35..
100000. The foreign exchange market OK
hsbited heavy loss to-day, and some con-
cessions were noticed i'm rates. posted fg-
ures in one instance being lowered u cent
IRIS incident IS regarded in a measure as
prcssagng a further influx of gold
Quotations for railway mortgages con-
tinued TO sag on light offerings, which for
the most part consisted of usually active
speculative liens. The total transactions
were 81 ,100O0
Government bonds displayed extreme
weakness. the new As coupon and register
ed. and old Is coupon yielding / per cent.
~ tie bid price; the old As registered sui
lefeu 10 the extent of u and the IS COUPON
and registered lost u each.
The total sales of stocks to-day wore
$4,000 shares, including Burlington, go. 4a-
Louisville and Nashville 61S5; Manhattan.
25,575; metropolitan Street Railway. ex-Tiv.,
1880; New York Central, SOP; Northern
Tactic, preferred, 1925; ST. Paul. 81. 900
I. P. preferred, 1850; Union Pacific. D.
and g., $500; American Tobacco 11.1S0;
Peoples Gas 9.465; Sugar 81 $50.
New York Closing Stocks.
htehlson ........ l01alSt. Paul ......... s61sl
10 pref ...... 2Sls do pref .......14S /
- q ONO ...... 19lalSt. p & Om.. 65
Ian. Pa. ........ 70 do do pref 49, .145
Can. 50. ........ 442ilSt. p. NJ. & NJ. .12i
Cen. Pa. ........ 11lA So. Pa. . "a
c. & Ohio ....... 179s So Ry. - ~
G. 6 Alton .....152 do pref - 94iI
G.. b. * Q. ..... S61s Tex. &, Pa. S7-
C, & &c. ILL., .... 81 Tn. Pa a71S
G. c. c. & st. L. 25l5iU. r. d. & g. Ga,
do do pref 80. 50 wabash - az
ID. & Hudson 106 do pref 74s5
~ L. q w. lib w & L. e. ...... rs
j. & Rio G. 80. 1Oski do do pref os2
do pref ........ 42ss Adams Eek. 1oo >
Erie new ...... IFS Am Eek. 729
do LIST pref m 3l1A United States %