The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-05-24

y
bid, 102 asked; Eagle and Phoenix Manu-
featuring Company. per cent. bonds. 80
bid 40 asked; Sihley Manufacturing Com
pauy. 6s. 100 bid 1902 asked.
Factory Stocks-Augusta Factory, 60
bid Is asked; Granitevtne Factory. 145
bid 151 asked; Langley Factory, 100 bid,
lu asked; Enterprise Factory. common
80 bid "a asked J. r. King Manufactur-
ing Company. 100 bid. l0l asked; Sibley
Manufacturing Company 70 bid, 76 asked:
Savannah Brewing Company 90 bid. %
asked
New York, May %, p. m.-Money on
call was at ldllq per cent; the last loan
was at ~ per cent. Prime mercantile pa
per. 4465a per cent. Sterling exchange
firm with actual business in bankers bills
at Si6H- a 1868 for demand, and at S4.S34G
4.S6 for sixty days. Posted rates, %.8ii2d
4Sf2. Commercial bills, $LS2laG4S3. Sill
Yer certificates, 5I3Sc. Bar silver size.
Mexican dollars I5llc. Government bonds
were weak; state bonds We're dun; rail-
road bonds were firm.
New York May 23.-The Evening Posts
London financial telegram says: Further
receipts of gold and the rumored settle
mcnt of the West African difficulty
strengthened all the stock markets here
to-day The rise was also assisted by the
strength of foreign bOurses. There were
no public dealings, however, ana the busf-
ness to-day was principally bears covering.
Americans We're strong, Denver and Rio
Grande and Sc. Paul leading. IL Is said
that the latter may be scarce for delivery
at the settlement to begin tomorrow.
There was further rise OF ! point IN
Spanish fours."
New York, May 23.-The level Of prices
of stocks was lifted another notch as a
result Of to-day's trading. The dealings
were not large, and there was no general
activity in the market AT the same time,
IL was noticeable that a number of usually
| inactive shares We're moved, and this gave
the market the appearance Of a broaden
ing tendency, which closer analysis did not
altogether confirm.
There was a good market for Americans
in London, and prices were well sustained
ON a belief that Spain would shortly sue
for peace. There was a colncdent rise
of point or over in Spanish As in London
and Paris. A rumor that this was due 10
a pending Franco-Spanish alliance did not
hurt Americans in London. Traders real
tzing on the late dealings, caused a break
OF nearly four points In Pullman, 2ia in
Consolidated Gas ana 2 points in New
York Air Brake, The result was an un-
settled closing considerably below the best
In some cases. and with net gains as
rule only small.
The rates for money continued 10 droop
| and the desire for some evidence of more
| active demand as Indicating business ac-
| uvity began to extend outside the circle
| Of the money lenders. The accumulation
and Withholding of exchange resulted IN a
further advance of Ac in the rate for de-
mand sterling, and of &c for 90 days Dis
| count rates declined In London, Berlin and
Paris, In consequence Of the relief Of those
centers from the pressure OF exchange for
New York
Railroad bonds We're narrow and mac
tive, but prices were well held. Total
sales We're $3.50. 600 United States new As
declined a in bid price. Others unchanged
Total sales OF stocks were 20 200 shares.
including Atchson preferred, S,057; Bur
lington, 1850; Louisville and Nashville,
1925; Manhattan, 1902; Metropolitan. $500:
Rock Island. 1920; St. Paul, A. s95: Union
Pacific preferred, 1928; Wheeling ana
Lake Erie, $3.50; American Tobacco, i, 268;
People's Gas, 6'340; Sugar 1885, United
states Leather, 800; preferred, 20, 40
New York Closing Stocks.
tchson ...... l2h do pref .........1 451h
do pref ........ Slh st. T. & Omaha. 7s
3alt. " Ohlo.... 1874 do do pref......14 5
canada Pac 83A st. T.. NJ. & M 1876
Canda Sou ..... 5lA So. Pacific ....... 15A
cent. racine -. 12l2I So Railway ..... S2k
Ches Ohio.... 2l9sI do pref ........ 2gl&
Chi. & Alton. .153 Texas & Pacific. 11Z
chi, y. & Q....100A Union Pac pref 1884,
en- 70, H.. so U. Z. d. & c.. ia
c. c. G. & st l.. "a Wabash ......... ia
do do pref - rs do pref 1885,
Del & Hudson .108 Wheel e. l.. E..
Del. H. & W.. .152 do do pref 49,. 12ih
Den. & RIO g.. II Adams Exp %
do pref .... 4GIhi Amer. Exp ~. .125
Erie new .... 129s United states -. Al
do 1st pref. 24zsi Wells Fargo III
Ft. Wayne .....168 Amer. Cot on %
Ct Nor pref. 1851 do pref n
Hooking Val -. Amer. SPIRITS 12n
Illinois Central. 1921 do pref az
L. Erie K w.. Is Amer. Tobacco. .110as
do do pref go. p do pref IN
Lake Shore $50. 1867 Peoples Gas ~. 9sih
Louis. g. Nash. 54Jhi Cons. Gas 1921
Manhattan ..1OfAi Com. Gable Co 100
Met Traction .155 Col +. e. Iron %
Mich Cent. JOB do do pref 90
MINI. & ST L.. 26lhi Gen Electric 95ik
do do list pref. So Illinois steel 4siE
Mo Pacific 49,. 1891 LaClede Gas Az
Mobile e. Ohio. Is Lead ....... 327I
NJ, x. & t.. ia do pref .......1 O6
do pref ...... 80 Nat. Lin. OIL. 81
Chi, Ind & L.. 8 ore. Imp. Co.. 2gIh
do do pref 49,. Is Pacific Mail 81 :
N. J. Central. 81 Pullman Pal 1e5
n. Y. Central. .1l5h Silver Cert ~. 57sl