The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-03-12


City Bonds-Atlanta per cent. 103 bid
- asked; Augusta 4lss, 1926. l05 bid l06
asked; Augusta per cent, 10 bid, III
asked; Augusta per cent, ll2 bid, 1l3
asked; Columbus per cent, 1882 bid. 1912
asked; Macon 6 per cent. ia bid. lie ask
ed; Macon 4las, 1926 luz bid. 1O5 asked; Sa-
vannah per cent. quarterly April cou-
pons 1101k bid, 1l1A asked; Savannah per
cent quarterly May coupons. ll0lk bid. III
asked; Charleston Is. IS bid SO asked
Railroad Bonds-SaVannah Florida end
Western Railroad general mortgage bonds
6 per cent interest coupons, III bid. lis
asked; Savannah, Florida and Western
first mortgage per cent gold bonds due
1924. 1oSIa bid, 1929 asked Cen
tlal Railroad and Banking Company col
lateral IS ssh bid. s9ik asked; Central of
Georgia Railway first mortgage IS, 90
year gold bonds. 116 bid, III asked; Central
of Georgia Railway first consolidated
mortgage IS, S912 bid, 81 asked; Central of
Georgia Railway first preferred incomes
IS bid, 391s asked; Central of Georgia
Railway second preferred incomes 10
bid, IA asked; Central of Georgia Railway,
third preferred incomes, bid ~ asked
Georgia Railroad IS, 1910, 113 bid, ia asked ;
Charlotte. Columbia and Augusta first So
107 bid, Jos asked; Charlotte, Columbia and
: Augusta second mortgage IL, III bid. 11Sla
asked; Georgia Southern and Florida new
Florida first mortgage Is. 1929 bid, 1891
asked South Georgia and Florida second
mortgage Is, 1O3 bid, 105 asked Ocean
I Steamship per cent. bonds, 1926 105 bid
Jos asked; City ana Suburban Railroad
first mortgage per cent. bonds, 81 bid. -
asked; Alabama Midland, 3 per cent. in
dorsed IS bid, 80 asked; Brunswick and
Western As, az biz, Tis asked; South
. Bound Railway 5s, - bid, IS asked; Geor-
gia and Alabama first preferred IS, 1903 bid,
104 asked; Georgia and Alabama cons. 5s,
IS bid SO asked; Eatonton Branch. IS bid.
ss1h asked; Central of Georgia, Middle
Georgia and Atlantic Division IS, - bid, 81
asked.
Railroad Stocxs-Augusta and Savannah.
9S1k bid, e41a asked; Georgia COM
mon. 175 bid. 100 asked; South
western, go bid, % asked; At
lanta and West Point stock 10Sl5 bid, 1919
asked; Atlanta and West Point per cent.
certificates. 103 bid, 1N asked Savannah
Construction Company - bid, 70 asked
Gas Stocks-Savannah Gas Light stock,
% bid, % asked Electric Light and Power
Company. rs bid n asked.
Bank Stocks, Etc.-Citizens Bank, 109A
bid, 10 asked; Chatham Bank, 4S1S
bid, 40 asked; Germania Bank, 1O9
bid, ITO asked: National Bank of Savan-
nah, 1875 bid, 1926 asked Merchants National
Bank, S41a bid IS asked; Oglethorpe Saw
ings and Trust Company, 105 bid, JOG
asked; Southern Bank of the State of
Georgia, bid, 13S asked; Savannah
Bank and Trust Company 102 bid, 1O21a
asked; Chatham Real Estate and I'm
provement Company, A, So bid. 56 asked; B.
5415 bid, So asked; Peoples Savings ana
Loan Company, 80 bid 81 asked.
Factory Bonds-Augusta Factory, 10Y
bid, 102 asked; Eagle and Phoenix Manu-
featuring Company, 3 per cent. bonds, Ss
bid, 40 asked; Sibley Manufacturing Com
pany, 6s, 100 bid, l02 asked.
Factory Stocks - Augusta Factory, 6o
bid, Is asked; Graniteville Factory, las bid
Isl asked; Langley Factory, 101 bid, 10i
asked; Enterprise Factory, common, 80
bid, Sc asked; ]. r. King Manufactures
Company, 1o4 bid, 1O5 asked; Sibley Manu-
featuring Company, 20 bid. rs asked Sa-
vannah Brewing Company. 80 bid. -
asked
New York, March 11.-Money on ca1l
was steady at 11aG2 per cent: the last
loan was at 2 per cent Prime mercantile
paper, 1914 per cent. Sterling exchange
weak with actual business in bankers bills
at $4.6S& for demand and at $4S3s4 for 60
days. Posted rates, $4.s2d4.S3 and a. S5I
4.s5la. Commercial bills, $3.50. Silver GER
tificates, 54izQ55c. Bar silver, size Mex
lean dollars. A34c. Government bonds
were weak. State bonds were duh. Rail-
iCdQ OOHuS were weak.
New York, March 1.-THE Evening
Posts London financial cablegram says:
'sThe stock markets here opened better,
then became fiat on further liqulda tfons.
but recovered later and closed steady to
firm. One small failure was announced
Spanish securities were also heavily sold
on talk of a default in coupons or reduc-
ton of interest. The latter is possible
but nothing definite is known Americans
49,
This was partly due to further liquida-
tons by weak men, helped by rumors aft
er business hours that the United States
was about to declare the independence OF
Cuba.
Cooper shares were better on Paris
buying. The Chinese loan has been de-
ferred until March 81 A large Industrial
company fioated here yesterday with a
capital of f2,5CO,OO0, was covered nearly
twenty times over
1.-THE Paris Bourse was better after a
period of dizziness, but the position is most
unsatisfactory and financial panic is not
impossible. Exchange on London is up
to 25.311sa25.34la. There is little doubt that
underneath the quarrel between Parquei
and ICoulisse is the anti-Semtic feeling
and learn of more than one important
Jewish Coulisse house there transferring
its operations to London.
the Bank of France on eagles, thus di-
verting the demand for gold here, and
causing the withdrawal of f100, 900 from the
Bank of England to-day
New York. March n.-There was a briei
show of strength by some stocks in the
early trading this morning, due to prices
having been advanced on the London Eek.
change above the New York parity OF
last night. The advance did not reach
the London level, so that there was con.
siderable arbitrage buying for London &C.
count
There were some buying orders also
which were executed through the channe
usually employed by Washington opera
tors This buying soon came to an enc
and gave color to the supposition thai
the orders were merely placed for effect
The whole list soon yielded to depression
and the decline was only occasionally ar
rested by unimportant rallies during tn,
rest of the day.
The strength displayed by American Sc
curities In. the early dealings in Londor
was In strong contrast to the weakness,
of Spanish government bonds, which wer,
poorly supported. either In London or Par
is. The only rational explanation tina
seems available for this movement Il