The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-05-18

asked ALABAMA Midland per cent.
dorsed 81 bid. IS asked; Brunswick and
Western Is, q bid. 70 asked; South
Bound Railway IS. 70 bid. Is asked Geor-
gia and Alabama first preferred 5s. 1902 bid,
lOs asked; Georgia and Alabama cons SIS.
S. bid, 50 asked; Eatonton Branch, so bid
@A asked; Central of Georgia. Middle
Georgia ana Atlantic division 5s, rs bid, 50
asked.
Ranroads stoclSs-Augusta and savan-
nan, % lid, 80 asked; Southwestern. %
bid, 90 asked; Atlanta and West Point
stock, 1914 bid, 1912 asked. Atlanta and
West Point per cent. certificates. 1903 bid
lo4 asked; Georgia common, 175 bid, $50
asked, Savannah Construction Company,
IS bid, 50 asked
Gas stoeks-savannah Gas Light stock
eola bid. 2lia asked: Electric Light and
Power Company 1879 bid. rs asked.
Bank Stocks, Etc.-Citizens Bank. 100
bid, 10 asked; Chatham Bank, 46 bid, 471h
! asked; Germania Bank 100 bid, 10 asked !:
National Bank of savannah 1876 bid 1876
asked; Merchants National Bank, SO bid
Slla asked Oglethorpe Savings and Trust
Company, 105 bid, LOG asked Southern
Bank OF the State of Georgia, 1870 bid. lS5
asked; Savannah Bank and Trust Compa-
ny, 1914 bid. 1924 asked Chatham Real
Estate and Improvement Company, A, "a
bid, 50A asked: Il, 53A bid. 5lI4 asked Peo-
pies Savings and Loan Company, IS bid,
" asked.
Factory Bonds--Augusta Factory, 10l
bid. l02 asked; Eagle and Phoenix Manu-
featuring Company, Der cent bonds, 30
bid. 40 asked; Sibley Manufacturing Com
| pany, SIS. 100 bid 1902 asked.
Factory Stocks--AugusIa Factory, SO
bid, 70 asked; Graniteville Factory, las
bid, Isl asked; Langley Factory 101 bid.
i0i asked Enterprise Factory, common.
80 bid 96 asked j. r. King Manufacture
fpe, A.
Manufacturing Company. 20 bid. 76 asked:
Savannah Brewing Company. 90 bid. 81
asked
New York. May 17.--Money on call was
steady at 11sd2 per cent, the last loan was
made at 2 per cent Prime mercantile pa
per, 5Gt6ls per cent. Sterling exchange
| heavy. with actual business In bankers
bills at $tS5A Q4.S6 for demand. and at
$S2A QiS3 for sixty days The posted
rates were "a S5% and $iS6iaaLS7. CONNER
c!al bills, SLS11a@4S2. Silver certificates.
bTa5TAc. Bar silver 57hc Mexican dol
lars, 45hc. Government bonds We're strong
state bonds were dun; railroad bonds were
weak.
New York. May 1.-THE Evening Posts
London financial cablegram says: THE
stock market here opened a trhe better
to-day in the absence of further dhsquiet-
ing speeches, but closed duh. except for
tldS
4 abatcd and which closed good on New
York support. The New York power of
absorption excites surprise. IL is believed
yesterdays sale to brokers was as much
as 1900 shares. the ease in money Is
que 70 release of more Japanese money and
the operation of the Bank Of England S
policy in making advances free of inter-
est repayable IN gold bullion
New York, May 17.--To-day's advances
I1 al s.Y a..I~a Al
q movement among professional operators
to renew the upward course Of prices. The
days trading started off with the ad-
vantage Of an improvement in London,
where prices Of American securities were
advanced sharp fraction all around
There was also some buying for London
at the opening here but London after
ward turned seller, when prices had risen
Thererare number OF stocks which en-
JOY the special support of friends and in
Side interests, and these impaired firm
ness by sympathy to the rest OF the mar
ket There was no evidence of any large
outside interest and any slackening of the
professional demand precIpItated duIlness
The absence OF outside demand was andi-
Gated clearly, also, by the way, in which
prices fell away in the realizing movement
in the final hour. The days extreme ad-
vances were curtailcd from Il 10 " by this
movement, but net advances of between
and points for all the principal stocks
SIN remained.
The rates for time money went lower 70
per cent for sixty days Sj5 per cent for
ninety days. and 4 per cent. for four
months. The abundant supply Of money
in the country and a prospect Of a trade
balance for a year IN our favor OF over
$4,000 600 are taken much account Of by
those who study the speculative outlook
The bond market Is quiet and prices are
higher all around. Total sales amounted
to $l.2e5.C00. United States new As fell "
and IS Il in the bid prices. There was a
sale of the new As registered at an advance
OF 31a over the last sale, which was sew
eral weeks since. !
The total sales OF stocks were 248. 100
shares. including Atehison preferred, H.
279; Burlington. PHO; Louisville and Nash
Vile, 1885; Manhattan. II ,2l5; Missouri
Pacific. $3.50; Northern Pacific preferred
1850; Rock Island, 32,935; 81. Paul. 32,745;
Union Pacific preferred, 1862 American
Tobacco. 1881; Peoples Gas, 6,220; Sugar
d,ci6; United States Leather preferred
5,673
New York Closing Stocks.
Atchson ......... IL st. Paul ... 95M
do pref .s..... 305s do pref .......I45
Baltimore &c o.. IS st. r. & ON. !. 70