The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-04-23

i03 asked; Georgia and Alabama cons as,
81 bid, SO asked; Eatonton Branch, 50 bid,
S7L asked; Central of Georgia, Middle
Georgia and Atlantic division 5s, 70 bid, IS
asked.
Railroad Stocks-Augusta and SaVan-
nah, 81 bid, 92l5 asked; Georgia common
170 bid, $50 asked: Southwestern 9Ol2 no
9lIs asked; Atlanta and West POINT stock,
1881 bid 1912 asked; Atlanta and west
Point 6 per cent. certificates. lOS bid, lA
asked; Savannah Construction company
"a bid. &c asked.
Gas Stocks-Savannah Gas Light stock,
2OIs bid, 211b asked; Electric Light and
Power Company "A bid. 1919 asked
Bank Stocks. Etc.-Ciuzens Bank. 1Os
bid. 10 asked: Chatham Bank, IS bid, AZ
asked; Germania Bank, lO9 bid, 40 asked,
National Bank of Savannah, 125 bid, l2S
asked: Merchants National Bank, 81 bid,
So asked; Oglethorpe Savings and trust
Company, 105 bid Jos asked; Southern
Bank of the State of Georgia, - bid, Us
asked; Savannah Bank and Trust Compa-
ny, 1919 bid. 1929 asked; Chatham Real
Estate and Improvement Company, A. %
bid. Sc asked; B, 5ila bid, So asked; Peoples
Savings and Loan Company, 50 bid, 81 ask
ed
Factory Bonds-Augusta Factory, 10l
bid. 1O2 asked Eagle and Phoenix Manu-
featuring Company, 8 per cent. bonds, -
bid, 40 asked; Sibley Manufacturing Com
pany, 0S. lU0 Dlu, lOZ dSkeu.
Factory Stocks-Augusta Factory, So
bid. rs asked; Granitevile Factory. 145
bid, Isl asked; Langley Factory, 101 bid,
10i asked; Enterprise Factory common,
80 bid. % asked; j. r. King Manufactur-
ing Company, 1N bid, 105 asked; Sibley
Manufacturing Company, 20 bid, 76 asked;
Savannah Brewing Company, 80 bid. %
asked -
New York. April 22.-Money on call vas
dy 1 ne CT lNn n W.
at per cent. Prime mercantile paper, ga
Z per cent; sterling exchange firm with
actual business in bankers bills a. S4.SG12
a S3$l for demand, and at S4.793404. 50 for
sixty days. Posted rates, S4.SGd4S 81, and
si.S4d4.S4l5. Commercial bills, $4,000. 79lss
Silver certificates. 55sld561sc. Bar silver,
553c Mexican dollars 45c; government
bonds weak; state bonds duh; railrsad
bonds steady.
New York, April 22-The Evening Posts
London financial cablegram says; The
stock markets here opened fiat to-day on
war conditions, and then recovered 2oh
covering by the bears and a certain
amount of genuine buying here and from
Paris. Spanish tours and Americans led
In the recovery, but both closed under the
best AS Indicated in previous dispatches
the condition of the London markets favor
stagnation rather than heavy selling. as
a result of the war. but on the other hand
no immediate material recovery is eX-
pected, but instead, a gradual dwindling
of prices. Gold is in less demand for New
York at us lO24d, but eagles left the bank
of England to-day.
THE Paris Bourse was distinctly better
on the London lead, but the financial out
look there is gloomy Whether France
will assist Spain financially is much dis
cussed.
New York. April 22-When New York
operators in securities got down to Wall
street they found cabled reports from Lon
don indicating a somewhat feverish activ
ity in the speculation in Americans with
tendency to rebound from yesterdays de-
preston Cabed inquiries from the other
side indicated an eager anxiety there TO
know what tack Wall street would take.
This was sufficient 10 admonsh the bears
who sold in yesterday afternoons slump
to cover their contracts. The covering
of the shorts was coupled with some buy
ing for London account. The result was
very sharp advances all around. There
was only a slight reaction al the close.
The markets was highly speculative all
day 10 the railroad list the Changers
and the Internationals led in the trading.
The conditions in the Worlds money mar
kcts had a salient effect on the security
markets. Although rates for time money
and commercial paper remained firm, call
money was to be had on the exchange at
2per cent. The resultant relief of the Lon
don market accompanied by firm market
OF exchanged gave promise of easier money,
and relieved the situation in Paris as we'll.
The result was a cessation of heavy liqui-
dalton for Paris account
The selling of American securities which
had been large for both Paris and London
account was checked. These improved
conditions was reflected back on New
York and helped recovery. They were be-
side sangulne expectations that the war
would be short or that The Pope would still
prevail upon Spain to abandon Cuba
The bond market was not as active as
that for stocks and prices held only about
steady. Total sales amounted to sS25, COO
United States new As, registered declined
Is; do coupon u and the old As, registered
Il in The bid price.
The total sales of stocks to-day were
$4,000 shares, including Burlington, 1,675;
Louisville and Nashville, 5,325; Manhattan
7l50; Northern Pacific preferred 1850:
Union Pacific preferred. 1920; st. Paul.
8,562; American Tobacco. 5l,765; Peoples
Gas, 1922; Sugar. S49O5.
New York Closing Stocks. 3
Atchison ........ 1014lSt. Paul .... $40,
do pref ........ 246 do do pref 140
=. q OHIO ....... 15A st. p & On. 67lb
Canada Pac -. "A do do pref .14o
Canada South E. ASH ST. 2. NJ. & NJ. 1870
cent. Pacific -. II s. Pacific ...... 10
:. d ohio...,.... l1AlS Railway 500. ~
Chicago & AL. Isl do do pref 9lsS
Chi. B. & O.. SCAT. & Pacific 81
Chi. & f. Ill.,. 40 u. p. pref 10
e. Z. G. q st. L. 25Al U. p. d. & G.. 5ss
90 90 PREF go. 80 Wabash .......... 6
Del. & Hudson 1O49. do pref 14H
Del, l.. & .144lsl W. & L. E. III
Den' < X, Co.. 10 do do pref 49,. SIS