The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-04-14


asked; Georgia Southern and Florida new
5s, S9la bid, lOOl2 asked; South Georgia and
Florida nrst mortgage Is 1922 bid, 1882
asked; South Georgia and Florida second
mortgage rs, 1903 bid 10i asked: Ocean
steamship per cent. bonds 1926 l0l bid,
JOG asked; city and Suburban Railroad
hrst mortgage per cent. bonds, 100 bid, 1903
asked; Alahama Midland per cent. in
dorsed, 81 bid SIS asked; Brunswick and
Western As, rs bid, 771s asked; South
Bound Railway 5s 70 bid IS asked; Geor-
Sla and Alabama first preferred 5s, 10l bid
JOS asked; Georgia and Alabama cons. IS,
81 bid, 50 asked; Eatonton Branch, 50 bid,
STA asked; Central of Georgia. Middle
Georgia and Atlantic division 5s, 70 bid, rs
asked.
Railroad Stocks-Augusta and Savan-
nah, 81 bid. 92ia asked; Georgia common,
40 bid, $50 asked: Southwestern, 90ih bid.
9llR asked; Atlanta and West Point stock,
1882 bid 10ila asked; Atlanta and West
Point per cent certificates, lO3 bid. 10i
asked; Savannah Construction Company,
81 bid. Go asked
Gas Stocks-Savannah Gas Light stock,
acl2 bid, 2lla asked Electric Light and
Power Company, 7ii5 bid, 75la asked.
Bank Stocks, Etc.-Citzens Bank, 1903
bid, ITO asked; Chatham Bank, IS bid, ~
asked; Germania Bank. 1903 bid, 40 asked:
NdNOtldl Dunk OF savannah, lGa DiNs l-b
asked Merchants National Bank, 81 bid,
IS asked; Oglethorpe Savings and Trust
Company. 105 bid 1906 asked; Southern
Bank of the State of Georgia, bid, 13S
asked Savannah Bank and Trust Compa-
NY l0lia bid, l02la asked. Chatham Real
Estate and Improvement Company, A, 50
bid IS asked; b, 5lia bid, IS asked; Peoples
Savings and Loan Company, % bid, 81 ask
ed.
Factory Bonds-Augusta Factory, l0l
bid, 102 asked Eagle and Phoenix Manu-
featuring Company 8 per cent bonds, 80
bid, 10 asked; Sibley Manufacturing Com
pany, 6s. 100 bid, 1902 asked.
Factory Stocks-Augusta Factory, So
bid, rs asked; Graniteville Factory, las
bid, Isl asked; Langley Factory, 101 bid
104 asked Enterprise Factory, common
90 bid, 96 asked; j. r. King Manufacture
ing Company, 10i bid l05 asked; Sibley
Manufacturing Company, 70 bid. 76 asked +;
Savannah Brewing Company 80 bid, 81
asked
New York, April 10, p m.-Nroney on
call was firm at S@4 per cent, the last loan
was made at 4 per cent. Prime mercantile
paper, 5lAM6 per cent. Sterling exchange
was steady, with actual business in bank
ers' bills at AS3h@4s3 for demand, and at
$4SCq4.S0A for sixty days. The posted
rates were HS0h@4.Sl and a.Sid4S41a
Commercial bills, $i,79A. Silver certih-
Gates 56@56%c. Bar silver. 56Bc Mexican
dollars 45hc. Government bonds were
weak; state bonds were DUH railroad
bonds were weak.
| New York, April 13.-The Evening Posts
London financial cablegram says: 1.-THE
| stock markets here remained stagnant to-
day, being disorganized BY the war ru-
mors The settlement was small affair
and was soon arranged but contangoes
were higher because of dearer money,
those on Americans being s TO 5k pen cent.
Americans improved steadily and there
was a sharp fall in Spanish IS, which was
connected with selling from Spain. Ameri-
cans gave way in sympathy and all mar
| kets became dull, closing only a fraction
! above the lowest. There were wild rumors
at the close, including a report that the
cable between Havana and Key West had
been cut Consols and other gllt-edged
stocks continue to fall on dear money.
There is no likelihood of further rise In
the Bank Of England rate tomorrow un-
| less war should be declared or New York
| should engage a very heavy account OF
| gold. The Paris bourse was demoraized
by the fan in Spanish Is. The Berlin mar
ket was quiet"
New York, April 13.-Net losses ranging
from TO points in the active leaders OF
speculation, an animated close TO the DAYS
| trading at almost the bottom level of the
day and heavy blocks Of securities Offering
| for sale were the features of to-days mar.
ket and showed clearly that recent opli.
mstlc expectations that the Cuban i'm
| broglio would be settled without resort tc
arms, have been abandoned by operators
in securities.
The point of order in the Senate, which
sent the consideration of the Cuban reso-
! luton over a day, rallied the market
slightly indicating that the recent firm.
ness in prices was based on the chance
that delayed action by Congress might
still give opportunity for a peaceful al.
| justment of the trouble But all reports
received from Washington were taken e.
mean that, though there might be delay
there was little doubt that the ultimate
action of Congress would be such a,
would necessarily constitute casus hcll
by repudiating Spanish sovereignty in Gu.
| ba.. Reflections of the same conviction
came not only from Washington but from
all the foreign stock exchanges.
b The Spanish per cent. bonds were with
| out support at any of the European cen
ters and the heavy tone of Americans re-
flected the growing belief in war.
With call money In the local market
responding with a rise TO per cent. there
Is no diminution In the pressure on for
eign centers for gold to ship to New York
1t IL the expectation In Wall strict thai
the Bank of England will raise its rat,
Of discount TO 6 per cent. should war b.
declared between the United States anC
/ Spain.
The bond market displayed an increas
ing pressure of liquidation as the day pro
crossed especially in the speculative is
sues and losses are general throughout
The total sales were $l,S75,0OO. Unitet
States % declined 2, The new As IA, ant
the old As registered and the 5s u PEI
cent in the bid prices.
The total sales of stocks were 1896, 40
shares, including Burlington. 4O.15i; Louis
| Vile and Nashville, 12OC0 Manhattan
SIG; Metropolitan Street Railway. 800
| New York Central, $50; Northern Pa
ciAc preferred, 9,402; Rock Island. 7,795
st. Paul, 1890; Union Pacific preferred
81 595: American Tobacco 20,473; Peoples
Gas, 1884; Sugar, 7i,686.
New York Closing Stocks.
Atchison ...... II St. Paul ...i...... ST.
do pref ........ 2ss do pref ..........14l1
BALTIC. & Ohio. Is lSt p. & Omaha. So
can. Pacific .. 1874 do do pref. go. .145
Can Southern .. IS st =. NJ. M. 100
Cent. Pacific ... 1lhlSo. Pacific ....... y
Ches. & Ohio. $3.50. Railway ..... "
Chi & Alton....1d do pref ........ 25i
Chi. b. g. o.. 81 Texas & Pacific. 81