The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-07-16

Bound Railway 5s, 6S bid, = asked; GeOr-
gia and Alabama first preferred 5s, 103 hid
l04 asked; Georgia and Alabama cons. IS.
so bid. 81 asked; EatontOn branch. - bid
s. asked; Central of Georgia, Middle
Georgia and Atlantic division 5s, II BID
50 asked.
Railroad, Stocks-Augusta and Savan-
nah. "a bid, 50 asked, ex-div.;
Southwestern, 30 BID IS asked eX-
div; Atlanta and West Point
stock. 100 bid, 10f asked; ex-div. Atlanta
ana West Point per cent. certificates 1919
bid lO2lb asked. ex-interest; Georgia com
mon. 1870 bid, 1872 asked; Savannah Con-
struction Company n bid, q asked.
Gas Stocks-Savannah Gas Light stock,
2315 bid, a asked; Electric Light and
Power Company 20 bid, Il asked. ex-
div.
Bank Stocks Etc.-Ciuzens Bank. 109l9
bid. 110l6 asked, ex-div; Chatham Bank,
451s bid, &c asked, eX-div.; Germania Bank,
11O15 bid 1f2 asked, eN-div., National Bank
of Savannah 124 bid 12G asked ;ex-div; Mer-
chants National Bank SO bid, S4ls asked,
ex-div.; Oglethorpe Savings and Trust Co,
100 bid 1O4 asked, eX-div; Southern Bank
of the State of Georgia, 1881 bid 100 asked
ex-div; Savannah Bank and Trust Com
pany, 1912 bid l02i5 asked ex-div; Chatham
Real Estate and Improvement Company,
A, So bid, 551s asked; b. "a bid, 5i34 asked,
ex-div.: Peopes Savings and Loan Com
pany, 80 bid, IS asked.
Factory Bonds.-Augusta Factory, 101
bid, l02 asked; Sibley Manufacturing Com
pany, 6s. 100 bid. 102 asked.
Factory Stocks.-Augusta Factory, GS
bid IS asked; Graniteville Factory, 145
bid 151 asked; Langley Factory, 100 bid
101 asked; Enterprise Factory, common.
80 bid, "a asked; J. r. King Manufacturing
Company, 100 bid, 1Ol asked; Sibley
Manufacturing Company, 20 bid, &c asked;
Savannah Brewing Company, SO bid, IS
asked.
New York, July 1J.-Money on call was
steady at lax per cent; the last loan was
at IA per cent. Prime mercantile paper,
33a44 per cent. Sterling exchange steady,
with actual business in bankers bills al
81. S5%44.S6 for demand, and 81 .Sl19G4. 6434
for sixty days. Posted rates, 81 .S5I4G4.87.
Commercial bills, 81 836i4. S315. Silver GER
tihcates, 59G5914c. Bar silver, 59Ac. Next
can dollars, 455sc. Government bonds cas-
Ter.
New York. July 15.-The bears who
covered their short contracts in haste
yesterday afternoon on the fail of Santa
go, sold stocks again to-day and raided
prices down with no one to say them
nay. The bull element RETAINED entirely
from Offering a support and prices of the
whole list dropped away easily and with
out any important interruption. There
was an entire absence Of any outside in
terest and dealings were very small and
COhhneu 10 narrow list
The closing was near the lowest, with
net losses in many cases a point or more
The recent weakness of the Coalers also
persisted, the offerings Of Reading first
preferred Indicating some continued liqui-
dation of long stock. There is a growing
feeling in the stock market that the sue
cessful termination of the war and peace
with Spain have been discounted. The
reception both Of the destruction of Ad-
miral Cervera's fleet and the fall of San
tiago point 70 this conclusion. Wall street
entirely ignored the disposition of London
to buy American stocks on ToraPs surren-
der and the advancing tendency of Span
ssh As on the talk of peace.
The definite assurance that none but In
dividual bids for probably not more than
$1,000 would secure any portion of the gov
eminent loan had no appreciable effect in
the money market to-day
The New York banks have lost nearly
%i0000O0 to the sub-treasury during the
week on account of the loan, but there is
no pressure for money from interior
points.
There was a further falling off In bond
transactions and prices yielded in the late
dealings. Total sales, $2,625,OOO
United States old As declined Il In the
bid price.