The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-04-10

sixty days, 80 9-l6.
Domestic Excnange-Steady; banks are |
buying at Lie per cent discount and sell |
ing as follows: Up 70 SO. 10c premium: $25
to so. 15c premium; $50 to 500. 2Oc pre-
MUM; $500 TO $1,000, 65c premium; $1,000
and over, 1-16 per cent. premium.
! Securities-Our market is inaminate. No
one seems inclined to operate. Quotations
| are nominal
Stocks and Bonds-State Bonds.-Geor-
| gia 31s per cent. bonds Of 1890 1O7 bid, -
| asked; Georgia 3l5 per cent, due 1915, 1O5
/ bid - asked; Georgia AZ per cent. bonds,
/ 1915, 116 bid. 1171s asked; Georgia per
cent, due 1926 113 bid, asked; South
Carolina 41as, 10 bid, 1l2 asked.
City Bonds-Atlanta Z per cent, 10S bid.
- asked; Augusta 4lks 1926. 100 bid, 1oe
asked; Augusta Z per cent, no bid, Ill
asked; Augusta per cent, 112 bid, 1l3
| asked; Columbus 5 per cent, 1oS1s bid, 10412
asked; Macon per cent, ia bid, 116 ask
ed; Macon 41as, 1926, 1OS bid, 1O5 asked; Sa-
vannah per cent, quarterly July cou-
pons, no bid, HOY asked; Savannah
per cent, quarterly May coupons, 110A bid,
11019 asked; Charleston As IS bid, 96 asked.
Railroad Bonds-Savananh, Florida and
Western Railroad general mortgage bonds.
6 per cent. interest coupons. ZIG bid, III
asked; Savannah, Florida and Western
first mortgage per cent. gold bonds, due
1924, 106 bid, 100 asked. Central
lateral IS, IS bid SO asked; Central of
Georgia Railroad first mortgage 5s, 90
year gold bonds, ia bid 116 asked; Central
of Georgia Railway first consolidated
mortgage IS, So bid, 81 asked; Central of
Georgia Railway first preferred incomes,
3712 bid, 80 asked; Central of Georgia
Railway second preferred incomes, 1871
bid, 1874 asked; Central of Georgia Railway
third preferred incomes, bid, Z asked;
Georgia Railroad Is, 1910, 112 bid 114asked;
Charlotte, Columbia and Augsuta first 5s,
JOG bid, 1O7 asked; Charlotte, Columbia and
Augusta second mortgage rs, lis bid. ll6
asked Georgia Southern and Florida new
5s, 99l2 bid, 1907 asked; South Georgia and
Florida first mortgage rs. 1929 bid, 1881
asked; South Georgia and Florida second
mortgage rs, 1903 bid, 104 asked; Ocean
|, Steamship 5 per cent. bonds, 1926 104 bid,
106 asked; City and Suburban Railroad
first mortgage per cent. bonds, 100 bid, 10S
asked Alabama Midland per cent. in
dorsed 81 bid, IS asked Brunswick and
Western As, rs bid, 7715 asked; South
Bound Railway 5s, 20 bid. 70 asked; Geor-
gia and Alabama first preferred 5s, 101 bid,
} 103 asked; Georgia and Alabama cons, 5s,
81 bid SO asked; Eatonton Branch, IS bid,
S7A asked; Central of Georgia, Middle
Georgia and Atlantic division IS, rs bid,
rs asked
Railroad Stocks-Augusta and Savan-
, nah, 81 bid, 9219 asked; Georgia common,
ITO bid, $50 asked; Southwestern, 80 bid,
911a asked; Atlanta and West Point stock,
! 103 bid. 1914 asked; Atlanta and West
Point 6 per cent. certificates, 103 bid, 104
asked Savannah Construction Company,
GA bid, &c asked.
, Gas Stocks-Savannah Gas Light stock,
2O1a bid, % asked; Electric Light and Pow
er Company, 7415 bid, 751h asked.
! Bank Stocks, Etc.-Citizens Bank, 100
bid, ITO asked; Chatham Bank, As bid, 40
! asked; Germania Bank 109 bid 10 asked
National Bank of Savannah 125 bid, 1876
asked; Merchants National Bank. "a bid
IS asked Oglethorpe Savings and Trust
Company, los bid, 1O6 asked; Southern
Bank of the State of Georgia, - bid, 1873
asked; Savannah Bank and Trust Compa-
E n.y. 1919 bid, 1921 asked; Chatham Real
Estate and improvement Company. A,
So bid, Sc asked; B, 5419 bid, 55 asked;
e Peoples Savings and Loan Company, So
! bid 81 asked
Factory Bonds-Augusta Factory, 101
bid, 102 asked; Eagle and Phoenix Man
) ufacturing Company, per cent. bonds, 80
t bid 40 asked; Sibley Manufacturing Com
: pany, 6s 100 bid, 102 asked.
< Factory Stocks-Augusta Factory, 6S
r bid, 70 asked; Graniteville Factory, las
!, bid, 151 asked; Langley Factory, 1O1 bid,
o 104 asked Enterprise Factory, common,
SO bid, SO asked; ]. r. King Manufacture
a ing Company 104 bid, 1O5 asked; Sibley
= Manufacturing Company, 70 bid, rs asked
t Savannah Brewing Company, 80 bid, 90
d asked.
New York. April 9.-Money on call was
steady at 219 per cent. the last loan was
at 25A per cent. Prime mercantile paper,
q 51aa6 per cent. Sterling exchange steady,
e with actual business In bankers bills at
S $4S31a for demand and at $4.S0A for sixty
= days. Posted rates, $4.S01ad4.S11a and
. $4S4a4S5. Commercial bills, a.791a. Sill
q
. 55a4c. Mexican dollars 45c. State bonds
, were duh. Railroad bonds were firm.
, Government bonds were firm.
e New York, April 9.-The weekly bank
= statement shows the following changes:
i Surplus reserve, decrease, $64S, 1852; loans,
decrease, IS 067 800; specie, increase, 81 420.-
{ 500; legal tenders, decrease, S., POS, 100; de-
t posits decrease, $12, 399, 800; circulation, in
$ crease. $1S,60O. The banks now hold $685.
OS6, Ats in excess of the requirements of the
25 per cent. rule.
New York, April 9.--The Evening Posts
j.. London financial cablegram says: 1.-The
: money market here was firm to-day. The
b. discount has risen to 3% on the rise in the
y German Bank rate and further gold with.
n drawals I learn, however that some GOLD
q orders for New York were cancelled to-
h day. 1 know of at least 100000 so can
celled"
. New York, April 9.-Operators in stocks
- maintained a strictly waiting attitude to-
day. The extreme variation in prices
reached a point or over in a good many
n stocks, and the market took on some
q show of animation in the first hour or
= the upward movement but the purely fc
"a titious character of this advance was dem.
~ onstrated by the relapse In the SECOND
x hour.
70 The days net changes are hardly percep.
tible in many cases, and show an indis
% eliminate mixture of gains and losses
y The market was without any more sig
" nficance than yesterdays. Total sales Of
% all stocks were less than 10000 shares
% The fact that the London exchange wa.
70 closed left New York without initiative
- from that quarter London operators
~ were apparently not eager to avail them
10 selves of the opportunity of trading on thu
= New York Exchange, and orders by cable.
~ were of small amount, though they wer,
- sufficient to aid the first hours advance
Y The bank statement was regarded as un
= favorable, the movement Of currency t
" the interior having apparently been heav
!, Ter than expected. 1t was expected tina