The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-04-21

Carolina rs. 100 bid. 10 asked
city Bonds-Atianta per cent. 103 hid
- asked; Augusta as. 1926. i05 bid. 1Os
asked; Augusta per cent. 10 bid. III
asked; Augusta per cent, 112 bid, li3
asked; Columbus per cent, 1884, bid fOtn
asked; Macon per cent, ia bid. IFS ask-
ed; Macon fAs. 1925. 1903 bid. los asked: sa-
vannah per cent, quarterly July con-
mons. li0 bid 1l0A asked; Savannah
,rer cent, quarterly May coupons. 10 bid
i19i6 asked; Charleston As. 93ls bid 9iis
asked
railroad Bonds--Savannah Florida ana
western Railroad general mortgage bonds
q per cent interest coupons. ia bid ia
asked: savannah Florida and Western
first mortgage 5 per cent. gold bonds. due
1924, 100 bid 1O7 asked Central Railroad
and Banking Company collateral 5s. s5
bid. IS asked; Central of Georgia Rail-
road FIRST mortgage 5s, 50-year gold bonds.
ia bid, l16 asked Central'of Georgia Rail-
way first consolidated mortgage 5s, So bid,
81 asked; Central Of Georgia Railway first
preferred incomes, 81 bid 3S asked; Cen
trail of Georgia Railway second preferred,
incomes, i25a bid, 10 asked; Gem
tral of Georgia Railway third
y deferred incomes bid, asked;
Georgia Railroad 6s. 1910 liz bid. ia asked.
Charlotte, Columbia and Augusta first So,
l0S bid, l07 asked; Charlotte, Columbia and
Augusta second mortgage Is. ii5 bid, liz
asked; Georgia Southern and Florida new
5s, 30 bid, 100 asked; South Georgia and
Florida first mortgage Is, 1924 bid. 1o3ia
asked; South Georgia and Florida second
mortgage Is, 1903 bid, 1914 asked: Ocean
Steamship per cent. bonds, 1926, i04 bid,
i06 asked: City and Suburban Railroad
first mortgage per cent, bonds 100 bid, 1903
asked; Alabama Midland 5 per cent. in
dorsed. "a bid IS asked; Brunswick and
Western As, y bid. rs asked: South
Bound Railway SO, 20 bid, rs asked; Geor-
gia and Alabama first preferred IS, 101 bid.
1903 asked; Georgia and Alabama cons. 5s.
81 bid, 50 asked; Eatonton Branch, IS bid.
Th asked: Central of Georgia, Middle
Georgia and Atlantic division IS, Is bid, Is
asked.
Railroad Stocks-Augusta and Savan-
nah 81 bid, 92b asked: Georgia common,
no bid $50 asked Southwestern, SOFA bid.
9lis asked; Atlanta and West Point stock.
10Sih bid. 1O4ia asked; Atlanta and West
Point per cent. certificates, 1O3 bid, lo4
asked Savannah Construction Company,
CA bid Go asked.
Gas stocks-Savannah Gas Light stock
20ls bid, 21ia asked; Electric Light and
Power Company, "A bid 75l5 asked.
Bank Stocks Etc.-Citizens Bank, 100
bid. 10 asked; Chatham Bank, 48 bid, 40
asked; Germania Bank, 100 bid, ITO asked;
National Bank OF Savannah, 1876 bid. 1876
UskGus AtIGndnto ANdtibHsil t9Ahhf o. ptot
IS asked; Oglethorpe Savings and Trust
Company, 1O5 bid, 106 asked; Southern
Bank of the State of Georgia, bid, 1888
asked; Savannah Bank and Trust Compa-
ny, 1914 bid 1O2la asked; Chatham Real
Estate and Improvement Company, A, 30
bid, S. asked; b, 54ia bid, IS asked: Peoples
Savings and Loan Company, 95 bid, o. ask
ed,
Factory Bonds-Augusta Factory, 10l
bid, 1902 asked: Eagle and Phoenix Manu-
featuring Company. per cent. bonds. 80
bid 40 asked; Sibley Manufacturing Com
pany, .6s. 100 bid, 1O2 asked.
Factory Stocks--Augusta Factory, So
bid, rs asked; Graniteville Factory, 145
bid. Isl asked Langley Factory, 101 bid,
iOl asked: Enterprise Factory, common,
90 bid, 96 asked; J. r. King Manufacture
ing Company, 1Oi bid, 1906 asked; 6ibley
Manufacturing Company, 20 bid, rs asked;
Savannah Brewing Company, 80 bid, %
asked.
New York April 20.-Money on call was
steady at 2Qi3 per cent, the last loan was
al per cent. Prime mercantile paper, 5lkD
6 per cent. Sterling exchange steady with
actual business in bankers bills at 81. $40
4 1874 for demand, and at $4.79MGD4. 80 for
sixty days. Posted rates, "a S0lka4 81, and
4slGi4 S41z. Commercial bills, "a. 7S1sll4 1874.
silver certificates, 56m57c. Bar silver, &c.
Mexican dollars, 45Ac. Government bonds
were strong. State bonds were dull. Rail-
road bonds We're weak.
New York, April 2O-The Evening Posts
London financial cablegram says: 1.-THE
feature in the stock market here to-day
was the hatness In zcreign stocks the
Paris bourse being utterly demoralized by
the continued fall in Spanish As, which
closed at the lowest, "a. The weakness In
consuls caused the notion of a rise In the
Bank of England rate tomorrow, and on
this belief discount houses declined to work
and all such business was done al the
bank Itself, which had the effect of max
ing loan rates easier
Americans were almost unsa1eabie, but
there was no great pressure to sell, and a
bear position at least in St. Paul ana
Louisville now undoubtedly exists. The
manner in which New York absorbs stock
Is much marveed at
THE markets here are now thoroughly
close-reefed and prepared for war, but the
Paris bourse will feel the blow severely.
As nstancing how the market here il
now looking ahead. 1t is common talk that
war means the final defeat of the silver
party in the United States"
New York, April/ 90 The New York
stock market offered firm resistance all
day TO the depression which was reflected
upon II from every other exchange in the
world, its declines at no time reaching
more than fraction over a point for the
active stocks. In the final hour, after trad
ing on the foreign bourses had been sus-
pended for the day. lively movement to
buy developed on the New York exchange
which wiped out practically all the earlier
losses and lifted the level Of prices sharp
ly above that of last night.
The final recovery was brought about by
the dissemination OF a rumor that the Pc
Rod allowed Spain for a reply to the ulti-
matum had been extended to Monday with
a chance TINT settlement would be effect
ed before that time. There were some evil
dences of manipulation for the purpose Of
making the last prices show striking
gains.
A broad view OF the financial world
shows that New York was less affected by
the crisis than any other financial center.
AT no time were prices depressed to the
London parity. As a consequence there
was large arbitrage selling here of inter-
national stocks. New York prices showing
a fair profit over London quotations. The
depression in London and on continental
bourses was mere due TO the panic IN Span
lsh Ar, than to any other one cause. These
securities fell IA in London and 81 in
Paris, on forced liquidation due to finan-
cial difficulties IN France and Spain.
II ta a. lao ohaarvQd that American