The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-03-04
RICE.
FINANCIAL.
Money-Market steady.

| S4S41s; sixty days, S+olla; ninety days,
| $.S0ss; francs, Paris and Havre, sixty
| days. SPA, Swiss, sixty days, 526h
marks, sixty days, 94k.
Domestic ange-Steady; banks are
| buying at par and selling as follows: Up
| to SIS, 1Oc premium; $25 to $50 15c premium;
$50 to 500, 20c premium; 500 TO 81 600 X
per cent. premium: 81 600 and over. 81 per
| 81, 900.
Securities-The market is steady, with
a firm undertone. The offerings are very
| light, yet the demand is not excessive
| State bonds are inactive.
| Stocks and Bonds State Bonds -Geor-
gia Sls per cent. bonds of 1880. 107 bid, -
asked; Georgia Sls per cent, due 1915, -es
bid, asked; Georgia 4ls1per cent bonds.
1915, III bid, 11s asked; Georgia per cent.
| due 1925, 112 bid asked South Carolina
s4I5s, los bid, 100 asked
City Bonds-Atlanta 7 per cent, 1903 bid
| = asked; Augusta 4lks, lS-,, 1O2 bid, 1O4
/ asked; Augusta per cent 105 bid 1O6
| asked; Augusta 9 per cent. 107 bid 1os
asked; Columbus per cent. 1897 bid ;O5ls
asked Macon 6 per cent. lis bid III ask
| ed; Macon 415s. 1926. 103 bid 105 asked; Sa-
vannah 5 per cent. quarterly April cou-
pons, 1101z bid, 111h asked: Savannah per
cent, quarterly May coupons '110A bid
! 110a asked; Charleston As, SO bid % asked
Railroad Bonds--Savannah. Florida and
Western Railroad general mortgage bonds.
6 per cent. interest coupons III bid, 11S
| asked; Savannah. Florida and Western
| first mortgage per cent. gold bonds, due
1924, 1OSls bid, 1887 asked; Cen
| trail Railroad and Banking Company col
| lateral IS, 81 bid 80 asked; Central of
| Georgia Railway first mortgage 5s, So
year gold bonds l16 bid, III asked; Central
of Georgia Railway first consolidated
mortgage IS, 9Ola bid, 9l1a asked; Central
of Georgia Railway first preferred incomes,
| 40 bid, Il asked. Central of Georgia
RAILWAY ixax,
| bid, 141a sked;Central of Georgia Railway,
third preferred incomes. IA bid, 8 asked;
Georgia Railroad 6s 1910, ia bid, lis asked;
| Charlotte, Columbia and Augusta first 5s,
ITO bid, Ill asked: Charlotte, Columbia and
Augusta second mortgage rs, lis bid, lis
asked; Georgia Southern and Florida new
| 5s. 100 bid, 10l asked; South Georgia and
Florida first mortgage rs, 1929 bid, 1031s
asked; South Georgia and Florida second
mortgage rs, 105 bid, 4O5 asked; Ocean
steamship per cent. bonds, 1926 los bid
106 asked; City and Suburban Railroad
first mortgage per cent. bonds, 81 bid. -
| asked; Alabama Midland per cent. in
dorsed, Sc bid, 80 asked; Brunswick and
Western As, 70 bid, 771s asked; South
Bound Railway 5s, 7415 bid, 751k asked;
Georgia and Alabama first preferred 5s,
| lOS bid, 104 asked; Georgia and Alabama
cons. 5s. IS bid, SO asked; Eatonton
! Branch, 81 bid, 1914 asked; Central of
/
vision S. sou bid, S21a asked
Railroad Stocks-Augusta and Savannah.
81 bid, IS asked; Georgia, common. IT'S bid
$50 asked; Southwestern, 93% bid, 941b
asked; Atlanta and West Point stock. 1902
bid, 104 asked; Atlanta and West Point
per cent. certificates, 1O2 bid, 104 asked;
Savannah Construction Company. n bid
80 asked ,,l.i.. sci,
Gas Stocks-Savannah Gas Light stock.
q bid, % asked; Electric Light and Power
Company. rs bid, n asked.
Bank Stocks, Etc.-Cnizens Bank. 1O9%
bid. 1fOlA asked; Chatham Bank.
1874 bid, 40 asked; Germania Bank. 10s
bid, 109 asked 3. National Bank of Savan-
nah. 125 bid, 1876 asked; Merchants National
Bank, 81 bid, S7i5 asked; Oglethorpe Saw
ings and Trust Company, los bid, 1O6
asked: Southern Bank of the State Of
Georgia, = bid, 138 asked; Sa-
vannah Bank and Trust Company, 1902
bid, 1929 asked; Chatham Real Estate and
| Improvement Company, A, So bid. IS
asked; B. 5415 bid, 90 asked; Peoples Saw
ings and Loan Company, 50 bid, 81 asked.
Factory Bofds--August Factory, 50
bid, 81 asked Gfaniteville Factory, las bid,
80 asked; Eagle and Phoenix Manu-
featuring Company, 5 per cent. bonds, =
bid, 40 asked; Sibley Manufacturing Com
pany IS, 1o1 bid 1902 asked.
Factory Stocks-Augusta Factory, 80
bid, SO asked: Granitevlle Factory, 145 bid,
151 asked; Langley Factory, 104 bid, 1854
| asked; Enterprise Factory, common, SO
| bid. Sc asked; ]. r. King Manufacturing
| Company, 104 bid, i105 asked; Sibley Manu-
| featuring Company, 20 bid 76 asked; Sa-
vannah Brewing Company, s. bid, 81 ask
| ed.
! New York. March 3.--NIoney on call was
steady 2Gp21a per cent; the last loan was
! at per cent. Prime mercantile paper, 81
al per cent. Sterllngs exchange steady,
| 4 -. L.
! "a .S41s for demand, and S4.S21s for sixty
days; posted rates. "a .SSQ4. $50; CONNER
| ciai bills $4.S114. Silver certificates $500
| 5sisc Bar silver. Sac. Mexican dollars,
45c. Government bonds were weak State
bonds were dull Railroad bonds were
| firm
New York March S.-The Evening Posts
London financial cablegram says: 1.-THE
stock markets here We're stagnant to-day,
| except for Americans and Grand Trunk
which were dealt in speculatively. The
latter has risen sharply on excellent traffic
reports, which,, however, are attributed in
some quarters to a possible larger sale of
reduced priced tickets TO agencies. New
York supported Americans, which conse-
quenty closed at about the best North
ern Pacific and Union Pacific were espec-
tally bought by New York, which caused
| the belief that the rate question had taken
/ u
duh but a recovery is looked for as
| the result of to-day's export of 100000 in
| gold to Argentine. Mines were weak
Gold sold at rs. 915d. There was no re-
sumption of the New York demand. The
hatRess in silver is mainly due TO New
York sales and the renewed talk of an
increased Indian import duty"
New York. March 3.-Some of the bull
] traders hid up prices of specialties this
( morning and carried the general listswfth
them in an effort to renew the bull cam
! paign But there was no outside interest
and the efforts Of the leaders were not
| seconded.
The market drifted lstlessly for the
rest of the day, sometimes up and some
times down, and had some part of the
early gains remaining for most stocks at
| the close
Buying of New York Central in the last
hour on receipt of news from New Albany
that the assembly had passed a measure
assuring the legality Of the bond issue
necessary for the, consolidation with the
Lake Shore caused a stiffeniug of the
market in the closing dealings. There
were long periods during the day when
business was almost staghant and prices
moved very sluggishly. The market was
in the hands Of small traders and reflect