The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-05-03
PAGES 8 TO 10.


Florida FIRST mortgage Is. 1928 bid. 19slA
asked: south Georgia and Florida second
mortgage rs, 1903 bid. .lQ4 asked: Ocean
Steamship per cent Bonds, 1925. 10i BID
l0l asked; City and Suburban Railroad
arst mortgage per cent. bonds, 100 bid 100
asked; Alabama Midland 5 per cent. In
dorsed, "a bid. So asked; Brunswick and
Western 4s. Y bid. IS asked; South
Bound Railway 81, 20 bid 70 asked; Geor-
gla and Alabama first preferred SIS, 10 bid.
1903 asked; Georgia and Alabama cons. IS.
81 bid 50 asked; Eatonton Branch so bid,
S7H asked: Central of Georgia Middle
Georgia and Atlantic division 5s. "a bid, Is
asked.
Railroad stocks-Augusta and Savan-
nah, 90 bid. 9lia asked; Georgia common,
172is bid $50 asked: southwestern. 90jf bid,
g1ih asked; Atlanta and West Point stock,
10l bid 1913 asked; Atlanta and West
Point per cent certificates 103 bid tos
asked: Savannah Construction Company.
CS bid 6S asked
Gas stoeks-Savannah Gas Light stock.
e0ih bid, 2lih asked; Electric Light and
Power Company, 7252 bid 7iia asked.
Bank Stocks. Etc.-Citizens Bank 10g
bid, 10 asked; Chatham Bank, IS bid. ia
asked: Germania Bank, 100 bid, 40 asked;
National Bank OF Savannah l25 bid 12e
asked; Merchants National Bank SO bid.
SiA asked; Ogethorpe Savings and Trust
Company, 105 bid, JOG asked; Southern
BANK OF tue OAaAt u N1'bt Aif4F LOU hNt 11O
asked; Savannah Bank and Trust Compa-
ny, 10h bid. 1929 asked; Chatham Real
Estate and Improvement Company, A. 5rz
bid. 55A asked; y, 53la bid, say asked; Peo-
pies Savings and Loan Company, % bid,
S5la asked
Factory Bonds-Augusta Factory, 10I
bid, 102 asked Eagle and Phoenix Manu-
featuring Company, per cent bonds, 81
bid. 40 asked; Sibley Manufacturing Conn
pany. 6s. 100 bid, 1902 asked.
Factory Stocks-Augusta Factory, SO
hid rs asked: Granitevile Factory. 145
bid, Isl asked; Langley Factory, l0l bid.
iOl asked Enterprise Factory, commons
90 bid % asked; J. r. King Manufacture
ing Company 104 bid. l05 asked; sibley
Manufacturing Company, 70 bid. 76 asked
Savannah Brewing Company, 80 bid. %
asked.
New York, May Mooney on call was
steady at 203 per cent, the last loan was
al per cent; prime mercantile paper,
6Q7 per cent. Sterling exchange steady
with actual business In bankers bills.
az $fS3MN4S4 for demand and at S4.S04i6D
4.sl for sixty days; posted rate, SiSi5a04s2
and StS5Qa.S5lz commercial bills. $3.50. Sill
yer certificates 5Glha57iac bar silver, 56skc;
Mexican dollars 45hc. Government bonds
strong; state bonds dull; railroad bonds
strong.
New York, May 2-The Evening POSTS
London financial cablegram says: The
only two points 10 note IN The money mar
ket here are the growing belief that the
war may collapse soon and the revival OF
the New York demand for gold New
York bought $4,000 OF this weeks arriv-
ais from the Cape and the price has risen
70 us $50. The immediate future OF tho
money market hinges on the New York
demand for gold and the effect Of tho
Chinese indemnity payment on Saturday
next
New York May avail street saw day
Of speculative activity and Juror which
has not been equalled before this year.
There were many varying phases In the
events OF the day. The upward surge OF
prices at the opening was met by enor-
nous offerings to realize which caused a
loss from third 10 a half Of the opening
gain. The upward movement was then re-
newed and there were occasional periods
Of hesitaney afterward but no serious re-
action. The market closed in another burse
of animation and very buoyant In tone
with prices except for a few stocks at tho
top level
The volume OF outside orders from all
over the country showed large Increase
as the day progressed, and the demand
was so active and confident that the effect
OF the carly reaction was entirely OVER
come.
Tho Changers and the internationally
showed remarkable strength. The scram-
Rit 10 Duy at iHc opening was bGrflHc ana
prices varied from to points In Sugar.
Burlington st. Paul and Manhattan.
Speculative activity wassat boiling point
except for a few intervals Of comparative
dullness
In the outside market there was equal
strength and activity. Standard oil iqui-
dating certificates were the feature at am
advance Of Is points.
The bond market leaped into activity
along with stocks and showed notable
strength, the speculative issues leading
with gains OF about two per cent. Single
blocks OF $4,000 OF the Northern Pacific
and Atchison As changed hands. Total
sales, $3775,000. u. S. new Is coupon ex-div-
idend advanced 10 1l9lz; do registered Il
the old As registered u In the bid price: u
8. old As registered on sales advanced ia
end the SIS coupon IA per cent.
Total sales of stocks were GA, 300 shares, In.
Guiding Atchison preferred Is, 81; Chicago.
Burlington and Quincy, 45,62t Louisville
and Nashville. 20.950: Manhattan 2O470s
Metropolitan Street Railway. 1920; N. ~
Central il. 450; Missouri Pacific, 1858; Rock
Island 1850; Northern Pacific, 24,520; do
preferred g. go; Chicago Northwestern, g.
go; st. Paul, 81, 100; Southern Railway, g.
0o5 Union Pacific preferred. 6l,2S0; Ameri-
can Tobacco, 21.2S0; Chicago Grear
Western, 5iO5; Peoples Gas. 1880; Sugar.
104.450
New York Closing Stocks
Atchson . 117kfGt = 4. a 7oszt