The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-03-27

1
Georgia Railroad IS, 1919, 1l3 bid. ia asked;
/ charlotte, Columbia and Augusta first Is.
/ lVf bid, los asked; Charlotte Columbia and
| augusta second mortgage rs. III bid, 1lSia
| asked; Georgia Southern and Florida new
5s, 100 bid, lOlh asked South Georgia and
| Florida hrst mortgage Is 1921 bid, 1872
| asked; South Georgia and Florida second
mortgage Is, 103 bid, los asked: Ocean
4 Steamship per cent. bonds, 1926, 104 bid,
| lO6 asked; City and Suburban Railroad
hrst mortgage 6 per cent bonds. 100 bid, 1903
asked Alabama Midland per cent. in
dorsed, 81 bid, IS asked; Brunswick and
| Western As, 70 bid 771h asked; South
Bound Railway IS, - bid rs asked: Geor-
/ gia and Alabama first preferred IS, 102 bid,
10S asked; Georgia and Alabama cons IS,
| ST bid, SO asked; Eatonton Branch, So bid,
| S714 asked; Central of Georgia. Middle
Georgia and Atlantic division 5s, IS bid,
| 70 asked
Railroad Stocks-Augusta and Savannah.
81 bid, SO asked: Georgia common, 10
bid, $50 asked; Southwestern, 80 bid 911a
| asked; Atlanta and West Point stock,
1OS bid, 1914 asked; Atlanta and West
| Point per cent. certificates. 1903 bid, 1o4
asked Savannah Construction Company.
| IS bid, 10 asked.
Gas Stock-Savannah Gas Light stock,
! q bid, % asked Electric Light and Power
Company, "A bid, 75ls asked.
| Bank Stocks, Etc.-CltizenS Bank, 100
bid 10 asked; Chatham Bank. IS
| bid, 40 asked; Germania Bank, 1e9
bid, 10 asked; National Bank of Savan-
nah 125 bid. 1876 asked; Merchants National
| Bank, 81 bid, So asked; Oglethorpe Saw
| ings and Trust Company, 105 bid. JOG
asked; Southern Bank of the State of
Georgia. - bid, 1873 asked: Savannah
Bank and Trust Company, 1919 bid, 1929
asked Chatham Real Estate and I'M
provement Company, A. So bid, Sc asked,
B. $40 bid, s. asked; Peoples Savings and
Loan Company, 95 bid, 81 asked.
Factory Bonds.-Augusta Factory, TO-
bid 1O2 asked: Eagle and Phenix Manu-
featuring Company, per cent. bonds, S
bid 40 asked Sibley Manufacturing Com
| pany, IS. 100 bid. 1O2 asked
Factory Stocks-Augusta Factory, 81
bid rs asked Graniteville Factory, las bid,
Isl asked Langley Factory, 1O1 bid. 1O4
asked; Enterprise Factory common 90
bid, SO asked; j. R. King Manufacturing
| Company 104 bid 105 asked; Sibley Manu-
featuring Company, 70 bid, rs asked; Sa-
| Vannah Brewing Company, 80 bid. go asked.
New York, March 26.-Money on call
| was steady at 2 per cent; the last loan
was at per cent. Prime mercantile pa
per 4lsQ51a per cent. Sterling exchange
steady, with actual business in bankers
bills at $4.sS1k64S3 for demand, and at
| $4.S07S@4.8 81 for 60 days. Posted rates. $4.S11a
Q4.S21a and $4.S4q4S5. Commercial bills,
$4S0A Silver certificates, 5s656ssc. Bar
| silver, 551sc. Mexican dollars, 44a4c. State
bonds were quiet. Railroad bonds were
strong. Government bonds were weak.
New York, March 26.-The weekly bank
statement shows the following changes:
Loans, decrease, 81, 10 800; surplus reserve,
increase, 49, 791, 425; specie, increase, ST. 013,-
7O0 legal tenders, increase, 81, 900; de-
posits decrease, 50, 526, 800; circulation, de-
| crease, SO, 400. The banks now hold $685.
| 5S1, 475 in excess of the requirements of the
% per cent. rule.
New York, March 26.-The Evening
Posts London financial cablegram says.
THE stock markets here remained heavy
and depressed to-day on the eve of SETTLE
ment, when big differences are again to
be met. The London Times leaders on
Eastern politics is generally deprecated
in the city, where pacific views are gen.
| orally taken. Consols were fiat, as were
| also the specula tive markets. There was
a sharp drop of points in Spanish As.
The Cuban situation is still regarded more
pessimistically than the conditions in any
other quarter. Politics to-day even affect
&c the money market where the possibility
that war between the United States and
Spain would accelerate gold movements
from here to New York is not lost sight
of. Americans, after a severe fall in the
street on an unconfirmed rumor that war
had been declared, recovered a dollar on
New York support. War risks at Lloyd's
| are said to be still rising but l cannot
learn the actual quotations"
New York, March 26.-The authoritative
statement that the Maine court of inquiry
| report would be fully as grave as pre-
| dicted, brought out full attendance On
the Stock Exchange to-day. There were
| animated groups about all the active
stocks when the market opened. The nea-
| viness of the foreign markets and the
fairy tale that Spain had declared war,
! which was circulated about the exchange,
! gave momentum to the downhill move
ment Fairly large margins were swept
| away and large concessions on values en-
| sued on every considerable Offering.
Sugar, Manhattan and Metropolitan
| Street Railway were hammered and
slumped about two points. Other stocks
were sharply depressed. Gradually the
| market hardened, on support given the
| Changers, and scaled buying of the spe-
| cialties quarter of an hour after the
| opening the manifest intention of large
| interests to sustain the list led traders
to cover enormous short lines and prices
| bounded upward, the shorts frantically
| bidding against each other. 1t seemed
| likely that houses having vast interests
| at stake had come to an agreement over
! night to buy. On the bulge here London
was large seller.
After an hours trading prices were
well above yesterdays close, business in
creased on the advance, and shares were
| buoyant to the close, which was generally
at the best prices. The net improvements
approximate 2 points in the Changers and
| exceed l per cent. in the leading interna-
tional favorites. The specialties gained
from ~ to 4 points, with the maximum
| Improvement in Third avenue. The trad
ing was on an enormous scale for Sat
urday, the dealings for the short sess 'on
| exceeding recent full days totals.
The week just ended witnessed vigor-
Gus resumption of bear aggression, owing
to the development of various influential
| factors which were utilized to their full
est extent by the advocates of lower val
| lles That their efforts were signally sue
cessful can be best illustrated by re-
sumo of the final prices of week ago,
the comparison rejecting losses in The
dividend paying stocks of from 2la to 6
points, and the specialties suffering TO .he
| extent of from TO IL.
The Cuban question continued the over
shadowing feature, and the various
phases of the situation, as indicated by