The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-03-17

-. MI SdSS per cent SOlu potluSs UuS
1924 1851 bid, 109ls asked Cen
trail Railroad and Banking Company COLI
lateral 5s, ssh bid, ssls asked; Central of
Georgia Railroad first mortgage 5s. 30
year gold bonds. 116 hid, III asked; Central
OF Georgia Railway first consolidated
mortgage 5s, S91s bid, 81 asked; Central CT
georgia Railway first preferred incomes,
5o1s bid SSls asked Central of Georgia
railway second preferred incomes. l2ls
old' lS1s asked; Central of Georgia Railway
third preferred incomes, bid, asked;
Georgia Railroad IS, 1910. 113 bid, ia asked;
charlotte, Columbia and Augusta first 5s,
lUI bid, los asked; Charlotte, Columbia and
Augusta second mortgage Is, III bid, 1872
asked; Georgia Southern and Florida new
os, lOo bid, lois asked; South Georgia ana
FLORIDA first mortgage rs. 1929 bid, lOSs2
asked; South Georgia and Florida second
mortgage rs, 10S bid, 105 asked; Ocean
Steamship 5 per cent. bonds, 1926, 1o5 bid,
lO6 asked; City and Suburban Railroad
hrst mortgage per cent. bonds, 100 bid, log
asked; Alabama Midland S per cent. in
dorsed, sc bid, 80 asked; Brunswick and
western AS, 70 bid, 771A asked; South
Bound Railway 5s, = bid, rs asked Geor-
gia and Alabama first preferred IS, 10S bid
lOi asked; Georgia and Alabama cons. 5s
~ bid, SO asked Eatonton Branch, SO bid
SI14 asked; Central of Georgia, Middle
Georgia and Atlantic division 5s, 70 bid, 81
asked
Railroad .Stocks-Augusta and Savannah,
" bid, SO asked; Georgia common, IT'S
bid, $50 asked; Southwestern, 9l1s bid, 921s
asked; Atlanta and West Point stock,
1854 bid, 1919 asked; Atlanta and West
Point per cent. certificates. 10S bid, 10i
| asked; Savannah Construction Company
So bid, Is asked.
Gas Stock-Savannah Gas Light stock,
p bid, % asked; Electric Light and Power
Company, rs bid, n asked.
Bank Stocks, Etc.-Citizens Bank, 1921
bid, ITO asked; Chatham Bank, 4Sl9
bid, 40 asked; Germania Bank, 100
bid, 10 asked; National Bank of Savan-
nah, 125 bid, 126 asked; Merchants National
Bank, 81 bid So asked; Ogethorpe Saw
ings and Trust Company, los bid, JOG
asked; Southern Bank of the State of
| Georgia, - bid, 13S asked: Savannah
| Bank and Trust Company, 1902 bid 1927
| asked; Chatham Real Estate and I'm
provement Company, A, IS bid, Sc asked,
B, SAG bid 55 asked; Peoples Savings and
Loan Company, IS bid, 81 asked, ex-div.
Factory Bonds.-Augusta Factory, TO-
bid, 102 asked; Eagle and Phenix Manu-
featuring Company, per cent. bonds, IS
bid, 40 asked; Sibley Manufacturing Com
| pduy, os' lVV Dlu, luz asked.
| Factory Stocks-Augusta Factory, sS
bid, rs asked; Granitevile Factory las bid,
ISL asked; Langley Factory, 1M bid 1O4
| asked; Enterprise Factory, common, 90
| bid, SO asked; ]. r. King Manufacturing
Company, 1O4 bid 105 asked; Sibley Manu-
featuring Company, 70 bid, 76 asked; Sa-
vannah Brewing Company, 80 bid, 80 asked.
New York, March 16. p m.-Money on
call was steady at Happy per cent. The
last loan was made at 2 per cent. Prime
mercantile paper, 415Q515 per cent. Ster-
! ling exchange was steady, with actual
| business in bankers bills at a. S31b0D4 1854
for demand and at $4S0A for 60 days.
Posted rates, $4811zG4.s3 and 81. S41kQI4. S515
Commercial bills, s4.791sd4 79a4. Silver
certificates, 55@55s4c. Bar silver, 55Ac
Mexican dollars, 45c. Government bonds
were strong.
New York, March 16-The Evening
Posts London financial cablegram says:
There was a general Improvement In the
stock markets here to-day, mainly due to
the bears scrambling in. There was lit
tie fresh buying. The feature was the
sharp rise in Spanish As, American and
Canadian stocks, Americans being benefited
by the impression that Spain and the
United States would do their utmost to
settle matters on diplomatic lines. The
| IlolhSl was IdNOIdDly dIIeCIGQ nODeIul
views of speedy termination of the Ca
madam Pacific rate war. The close was
a trifle under the best, except for Cana
dams and Grand Trunks, which were
booming in the street at top prices. Mines
Joined in the general rally and all foreign
ers and Southern stocks were better, being
led by rise of Q in
Spanish As on the official an
nouncement that the April coupon will be
paid. Gold is still much wanted for New
York, but it is believed in good quarters
that if politics improve the demand for
gold may ease. The distinctly easier tone
in to-day's money market here is due TO
the announcement on April 4, the govern
ment will repay upward of 100000 treas
ury bills.
New York. March 1.-THE early
strength in to-days stock market was a
repetition of yesterdays movement. but
prices resisted the late pressure for a de-
cline and as consequence
show substantial net gains
all through the list Bulls had
the advantage also of higher prices on the
London Exchange. and although prices
Immediately rose buoyantly above the
London parity, there was conspicuous buy
ing for London as late as business was
| done in the British capital The Lon
don buying was certainly due to feel
| ing at that center that there is a more
promising prospect as~to the affairs be-
tween the United States and Spain. This
feeling was shown also In quite buoyant
tone for the Spanish As, which rose IL
In London and Il in Paris. There were
undoubtedly feeling prevalent i'm New
York also that the outlook was more
peaceful and such of the days develop
ments as had more threatening aspect
were ignored.
Either the Spanish governments semi
| official announcement of its opinion on
the maintenance by the United States
of the fleet In Florida waters or the news
that official attention had been called tc
this opinion by the Spanish government
would have been sufficient to demoralize
the market a week ago. But the underly-
ing conviction in Wall street is that the
authorities at Washington have come tc
indulge in hope of a PEACEFUL settlement
The continued preparations for defense
| and such incidents as those of to-day dc
not wholly dissipate this conviction. The
hope of a successful adjustment of the
| traffic rate controversy In the northwest
was quite an important factor in the adj
vance here and in London for Americans
The local and industrial specialties led
| to-days advance, but the Changers
Northwesterns and International stocks in
| the railway list were also conspicuously