The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-03-16

ed; Macon 4iks, 1926. 10S bid. los asked; Sa
vannah 8 per cent. quarterly April cou-
pons, llols bid, 1i1h asked; Savannah per
cent quarterly May coupons, llOIs bid. III
asked; Charleston Is, 50 bid, SO asked
Railroad Bonds-Savannah Florida and
Western Railroad general mortgage bonds.
6 per cent. interest coupons, III bid lis
asked; Savannah, Florida and Western
nrst mortgage per cent gold bonds, due
1924 1854 bid, 1O9is asked; Cen
trail Railroad and Banking Company col
lateral S. ssh bid. s9lS asked; Central of
Georgia Railroad first mortgage IS, 30
year gold bonds. l16 bid, III asked; Central
OF Georgia Railway first consolidated
mortgage IS. S9ik bid 81 asked; Central Of
Georgia Railway first preferred incomes,
S61A bid, SSls asked; Central of Georgia
railway second preferred incomes, 1913
bid, 1872 asked; Central of Georgia Railway
third preferred incomes, bid, asked;
Georgia Railroad 6s, 1910 113 bid ia asked;
Charlotte, Columbia and Augusta first bs.
lO7 bid, los asked; Charlotte, Columbia and
Augusta second mortgage IS, III bid, 1lSS
asked; Georgia Southern and Florida new
os, 100 bid, 1919 asked; South Georgia and
Florida first mortgage rs, 1929 bid 1881
asked; South Georgia and Florida second
mortgage Is, 1903 bid 105 asked; Ocean
Steamship per cent. bonds, 1926, 105 bid,
LOG asked; City and Suburban Railroad
first mortgage per cent. bonds, 81 bid, -
asked; Alabama Midland 5 per cent. in
dorsed, Sc bid, 80 asked; Brunswick and
Western As, 70 bid, 77Is asked; South
Bound Railway IS, = 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,
87I4 asked; Central of Georgia, Middle
Georgia and Atlantic division 5s, - bid, 81
asked.
Railroad Stocks-Augusta and Savannah,
1914 bid, 94Is asked; Georgia common, 175
bid, $50 asked Southwestern, 80 bid %
asked; Atlanta and West Point stock,
1887 bid, 1041h asked; Atlanta and West
Point 6 per cent. certificates. 10S bid, l04
asked; Savannah Construction Company,
- bid. rs asked.
Gas Stock-Savannah Gas Light stock,
% bid, % asked; Electric Light and Power
Company, rs bid, n asked.
Bank Stocks, Etc.-Citizens Bank, 1921
bid, no asked; Chatham Bank, 1872
bid, 40 asked; Germania Bank. 100
bid, 10 asked; National Bank of Savan-
nah. 125 bid, 1876 asked; Merchants National
Bank, S41s bid. IS asked; Oglethorpe Saw
ngs and Trust Company, 105 bid, JOG
asked; Southern Bank of the State of
Georgia, bid, 1873 asked; Savannah
Bank and Trust Company, 1902 bid 1O2ls
asked; Chatham Real Estate and I'm
provement Company a, So bid, 56 asked
B, SAY bid, IS asked; Peoples Savings aud
Loan Company, 95 bid, 81 asked.
Factory Bonds.-Augusta Factory. TO-
bid, 1902 asked: Eagle and Phenix Manu-
featuring Company. per cent bonds. IS
bid. 40 asked: Sibley Manufacturing Com
pany, 6s 100 bid 1902 asked.
Factory Stocks-Augusta Factory, IS
bid, rs asked; Granitevllle Factory, 145 bid
Isl asked; Langley Factory, 101 bid 104
asked; Enterprise Factory, common, 90
bid, SO asked; j. r. King Manufacturing
featuring Company, 70 bid, rs asked; sa-
vannah Brewing Company, 80 bid, - asked
New York. March 15.-Money on call
was easy, 2a21a per cent. the last loan
was at per cent Prime mercantile pa
per, 41sQ515 per cent. Sterling exchange
weak, with actual business in bankers
bills at $4sS1a04 s3s4 for demand and at
$4.seA for sixty days; posted rates, 81 SllA
@4.S3, and $4S41aGi4 .s51s; commercial bills,
$4.S0A. Silver certificates, 5505534c Bar
silver 551sc. Mexican dollars, 45c. Gov
ernment bonds strong; state bonds were
dull; railroad bonds were strong
New York, March 15.-The Evening
Posts London financial cablegram says:
in spite of Lord Salsbury's Illness, the
stock markets here opened better to-day
in the absence of further disturbing news.
but on heavy selling of Spanish and other
stocks from Paris, all the markets slump
ed Americans al one time were very hatk
There was no support from arbitrage
houses, and prices here were below the
New York level. Then two big New York
houses turned round and bought; prices
rallied and simultaneously Paris stopped
selling with fhp recl1lt that the haarc baa-
tened to scramble ill., causing prices In AL
the markets to close at the best. Spanish
fours fuctuated between 50 and 5S24. Grand
Trunks were better. In sympathy with
Americans and South Americans were bet
ter on the Paris markets, which are still
most unsettled and feverish, however. The
suicide of a stock broker does not indicate
fresh financial troubles. In spite of the
heavy premium on gold by the Bank Of
France, / understand that shipments from
Paris to New York sun pay. There Is an
impression in good quarters that the Bank
Of England may raise the price of eagles
on any further considerable Withdrawals.
The London market IS 81. and consequent
~ the Bank Of England monopolizes the
discount business.
New York. March 15-rhe movement of
stock prices to-day was confused and the
market very puzzling. Decidedly lower
quotations for Americans in London
caused an unsettled tone at the opening.
Prices partly responded to the London in
itiative, but did not fall fully 10 the Lon
don parity. A furious buying movement
quickly developed, which lifted the ievel
of the whole market strongly above last
nights closing. Buying was most con-
spicuous in the local industrial specialties,
but there was no lack OF strength IN the
railway list. either, the demand for the
Changers being especially heavy.
Heavy realizing met the advance and
wiped out a large part Of 1t before the
first hour had expired. This was the most
active period of the days trading. There
then ensued a slow and laborious rec0v-
cry, which developed higher prices than
the first squirt. And yet this second adj
vance was also wiped out In practically all
cases, except some Of the speclaltles. and
the day shows net losses In most OF the
standard stocks. extending TO a point or
over In some cases. Wall street opinion Of
the political outlook was on the surface
less apDrehensive. The movement of Span
ish As in London and Paris, which partly
recovered after an early decline, reflected
a growth of a similar opinion there. But
this was probably derived IN part from
the strength of the New York market yes
terday and this morning London sold
freely here on the morning advance. and
~. al