The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-03-22


Railroad Bonds-Savannah, Florida ana
Western Railroad general mortgage bonds.
6 per cent interest coupons. JIG bid III
asked; Savannah, Florida and Western
first mortgage per cent. gold bonds. due
1924. los bid, 100 asked; Cen
| trail Railroad and Banking Company col
lateral 5s, 81 bid, 50 asked Central of
| Georgia Railroad first mortgage IS. 20
year gold bonds. lie bid III asked; Central
| of Georgia Railway first consolidated
mortgage IS. 81 bid, 50 asked; Central of
Georgia Railway first preferred incomes
81 bid, SS asked; Central of Georgia
Railway second preferred incomes. l2a,
| bid, 1873 asked ;Central of Georgia Railway
third preferred incomes, 6i5 bid ~ asked;
Georgia Railroad 6s, 1910, us bid ia asked:
| Charlotte, Columbia and Augusta first 5s
l07 bid, los asked; Charlotte. Columbia and
Augusta second mortgage IS. III bid. 1lS1a
asked; Georgia Southern and Florida new
5s, 100 bid, 10lla asked; South Georgia and
Florida first mortgage Is, 102la bid. 1882
asked; South Georgia and Florida second
mortgage Is, 1903 bid. 105 asked; Ocean
Steamship per cent. bonds 1926, 1914 bid,
| JOG asked; City and Suburban Railroad
hrst mortgage per cent bonds 100 bid, 1903
asked Alabama Midland per cent. in
dorsed, 81 bid, IS asked; Brunswick and
Western As, rs bid 77iA asked; South
Bound Railway 5s, bid, IS asked; Geor-
gia and Alabama first preferred 5s, 102 bid,
1OS asked Georgia and Alabama cons. IS,
81 bid, 50 asked; Eatonton Branch, So bid,
STA asked; Central of Georgia, Middle
Georgia and Atlantic division 5s, 77la bid,
so asked.
Railroad Stocks-Augusta and Savannah.
90 bid, SO asked; Georgia common, 175
bid, $50 asked; Southwestern 9lla bid, 92h
| asked; Atlanta and West Point stock.
1903 bid, 10ila asked; Atlanta and West
Point per cent. certificates 1903 bid. 10i
asked; Savannah CONSTRUCTION Company,
81 bid 70 asked
Gas stock-Savannah Gas Light stock,
% bid. % asked; Electric Light aud Power
Company, "A bid, n asked.
Bank Stocks, Etc.-Cltizens Bank 100
bid, 10 asked Chatham Bank. IS
bid, 40 asked; Germania Bank, 1c9
bid, 110 asked: National Bank of Savau-
nah. 125 bid. 126 asked Merchants National
Bank, 81 bid, 80 asked: Oglethorpe Saw
ngs and Trust Company, 1915 bid, JOG
asked; Southern Bank of the State of
Georgia. bid, 1888 asked SavGnnah
Bank and Trust Company, 1914 bid, 1924
asked; Chatham Real Estate and I'm
provement Company, 4. 55 bid, sc asked,
| b, 5i1a bid, So asked Peoples Savings and
Loan Company, 95 bid, 81 asked, eX-div
Factory Bonds,-Augusta Factory, 10,
bid, 1902 asked Eagle and Phenix Manu-
featuring Company. per cent bonds, IS
bid, 40 asked; Sbey Manufacturing Com.
pany, 6s. 100 bid. 1902 asked.
| Factory Stocks-Augusta Factory, a.
bid, rs asked; GranitevAle Factory, 145 BID
Isl asked; Langley Factory, 10l bid l0i
| asked; Enterprise Factory, common, 90
bid, 96 asked: j. r. King Manufacturing
| Company 10I bid 105 asked; Sbley Manu-
featuring Company, 10 bid, 76 asked; sa
vanuah Brewing Company, 30 bid, 90 asked.
New York. March q, 3 p. m.-Money on
call was easy at 1A02 per cent. the last
loan was at IA per cent. Prime mercan-
tile paper 4ka5i5 per cent. Sterling ex-
| change firmer with actual business in
| bankers bills at $LsIdS484h for demand,
| and at $4S1HM$481R for sixty days. Post
ed rates S4.S2I2 and $4S5 Commercial bills
Si.S0A. Silver certificates, 55ss056c. Gov
silver, 559sc. Mexican dollars, 45c. Gov
eminent bonds were weak state bonds
were dun Railroad bonds were weak.
New York March 2l.-The Evening
Posts London financial cabegram says:
"The stock markets here were lifeless ana
featureless to-day. Americans were stag
nant and dun, pending the report of the
| Maine disaster and the disclosure of Pres
ident NcKinleys plans regarding cuba,
Arbitrage houses took stock when 1t was
offered with fair margins, but otherwise
there was no support of the Americans.
Spanish tours were weak, Brazilians were
fiat, the exchange being the lowest on
record. The Indian budget was better than
anticipated providing as 1t does for a
net increase of only g 100000 70 the debt.
Silver has risen sharply because of the
absence OF any allusion in the budget to
an increased import duty.
1.-THE decline in French exchange Is be-
lieved to be partly due to sympathy with
the fall OF money rates here, and partly to
the fact that the Bank of France is part
ing more freely with gold
New York, March 2L-The only feature
discernible in to-day's stock market was
its dizziness. This dullness was the ex
act reflection. however, OF the doubt and
hesitation which prevail in all financial
circles over the next probable develop
ment in the Cuban question.
Apparently there was q limited volume
of sales for short account at the opening
which resulted in sharp declines to Drac-
tically the low point Of the day There
were lower prices made in some few stocks
later in the aimess drifting Of the market
Business was, however, almost stagnant
after the opening, until near the close,
when there was a sharp rally In prices
apparently due to the rebuying of stocks
sold 81 the opening.
There was no spirit or animation In the
rally and prices drifted downward again
volume of stocks Offering all day, but the
demand was almost nothing, and the re-
suit is that the prices are lower all
around losses reaching a point in some
Of the leading specialtles.
There Is every indication Of large out
standing short interest In the market, but
in the presence of the possibilities in the
political outlook, this interest Is very per
sistent In declining 10 cover.
It Is the prevailing belief that early de-
velopments al Washington will include the
re port OF the Maine board of inquiry and
the Presidents message on that and Cuba.
This keeps purchasers out Of the market,
aud on the other hand the large short in
terest warns the bears TO proceed with
caution The consequence Is sem-siagna-
ton, such as was witnessed to-day. Such
selling as there was, was attributed to
washington account, and there was some
selling. also, by large individual operators.
London was a sellers, but not TO a large
extent.
The list of stocks and bonds that moved
at all was a comparative short one. the
market being very narrow. Foreign ex-
change stlffened slightly to-day, and no
engagement was announced Of gold for
iuoDort Discounts In London and Berlin