The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-05-13

| Steamship per cent, bonds 1926, 10s bid.
lOo asked; city and Suburban Railroad
first MORTGAGE per cent. bonds, 100 bid, 103
asked; Alabama Midland per cent In
dorsed. 81 bid, So asked; Brunswick and
Western Is, 70 bid. rs asked: South
Bound Railway %, 20 bid. rs asked; Geor-
gia and Alabama first preferred 5s, 103 bid,
| l0S asked; Georgia and Alabama cons S.
| " bid. 50 asked; Eatonton Branch, 80 bid,
STA asked; Central of Georgia, Middle
| Georgia and Atlantic division IS, 76 bid, so
asked
Railroad Stocks-Augusta and savan-
nah % bid, SO asked; Southwestern. 90
bid 81 asked; Atlanta and West Point
stock, lOi bid, 1Olia asked; Atlanta aud
West Point per cent. certificates. 1a3 bid,
l04 asked; Georgia common, 175 bid, $50
asked; Savannah Construction Company,
Go bid 60 asked.
Gas Stocks-Savannah Gas Light stock,
2OIa bid, 2lh asked; Electric Light and
Power Company, 7Ria bid 7llb asked.
Bank Stocks, Etc.-Citizens Bank 1903
bid, no asked; Chatham Bank, &c bid, Az
asked; Germania Bank 100 bid, 40 asked /:
| National Bank of Savannah, 125 bid 12G
asked; Merchants National Bank 50 bid.
Stl2 asked; Oglethorpe~ Savings and Trust
! Company, 105 bid. 106 asked; Southern
Bank OF the State of Georgia, 1870 bid 1856
asked; Savannah Bank and Trust Compa-
! ny, 1919 bid, 1924 asked; Chatham Real
Estate and Improvement Company, A, "a
bid. J5h asked; b. 1914 bid, 54h asked Peo-
pies Savings and Loan Company, 95 bid,
50 asked.
Factory Bonds-Augusta Factory, 10l
bid l02 asked; Eagle and Phoenix Manu-
featuring Company, per cent. bonds, IS
| bid, 40 asked Sibley Manufacturing Com
pany, IS. 100 bid. 1902 asked.
Factory Stocks-Augusta Factory, 6S
| bid. Is asked draniteville Factory, las
l. a. 4 40
l0i asked; Enterprise Factory, common,
SO bid, 90 asked j. r. King Manufactur-
ing Company. 104 bid 'l05Q asked; Slbley
| Manufacturing Company 20 bid, 70 asked; ;
| Savannah Brewing Company, 90 bid. 90
asked.
New York May 12-Money on call was
steady at 2@2A per cent; the last loan
was at per cent; prime mercantile
paper 5iaW6 per cent. Sterling exchange
firm, with actual business In bankers
bills, at %.N&a4.S5 for demand and al
%Slh04.SlA for sixty days; posted rates,
A& and $i.S51a; commercial blllsf $I.SO% q
4.Sl. Silver certificates, 57d5Sc; bar sill
yer, SIC; Mexican dollars, Acc. Government
bonds were strong; state bonds were dun,
railroad bonds were irregular
| New York. May 12.-The Evening Posts
London financial cablegram says: "The
stock markets here were fairly good to-
day, but less active and confident The
settlement has been satisfactorily con-
cluded. Americans were sold from good
quarters, but New York appeared TO abb
sorb all the stock offered Spain Is buy
ing silver; hence the rise. / understand
that the Bank of Paris, which advanced
the money for the Spanish July coupons,
is financing the silver operation. l must
emphasize yesterdays dispatch about the
views of brokers here relative to the
French political situation In West Az
RIGA.
New York. May 12-The natural reac-
ton from yesterdays buoyant tendency
In Wall street was supplemented to-day
by some positive elements OF depression
as a consequence of which prices generally
ruled below yesterdays level all day
The speculative world apparently took
a rather serious view of the affair at
Cardenas. In spite of all assurances that
the loss incurred was trivial from a mil
itary standpoint, the shedding of the first
American blood had depressing influence
which no amount of reasoning could de-
stroy. Thereewa besides this an unset
Ting of the conviction felt yesterday that
the Spanish Cape Verde fleet had GER
tainly returned to home waters.
A reaction In Spanish A. in London and
Paris also dissipated some of the i'm
preston that their recent advance fore
Spain. The absence of authoritative re-
ports from Admiral Sampson and the fleet
induced some hesitation amongst deal
ers In stocks There was, In addition,
depressed market for Americans In Lon
don before the opening here and there
was free selling of the international stocks
for London account during the early trad
ing Such a stubborn resistance was
shown to the first dip OF prices that ex-
nh
ting out short contracts. The market
displayed an equal reluctance 20 advance
with any degree of vigor Covering by
shorts In the late dealing overcame a
portion Of the losses, but net declines are
a point or over In many of the stocks.
There were special stocks scattered
through the list that maintained show
of strength notably Consolidated Gas,
which rose buoyantly at one time S points,
the Union Pacific. Denver and Gulf Sc
curitles, Rock Island. The volume of bus
iness was much reduced from yesterday,
and the market was extremely feverish
and irregular all day. The bond market
was less active outside Denver and Gulf
IS and with a few exceptions displayed
a heavy tore. Total sales $S,550,0OO. Unit
ed States new Is advanced n, and the old
Is registered Y in the bid price. Others
unchanged.
Af|sNfN
shares including Atchison preferred, 3O.245;
Chicago, Burlington and Quincy, 1855;
Louisville and Nashville, 1920; Manhat-
tan. 517O; Missouri Pacific, $40; North
ern Pacific S76S; do preferred. 1929; Rock
Island. 1889; st. Paul, 1896; Southern
Railway preferred 6,69S; Union Pacific,
preferred, 80 494; Union Pacific, Denver and
Gulf, Is, 2O5; Chicago Great Western, $3.50;
Peoples Gas, 5,725; Consolidated Gas,
s.s4s; General Electric, $780, Sugar, 1886.
New York Closing Stocks.
ktchison ......., 1914 do pref ...... 1AAl
do pref ........ 3rk 81. r. 4 ON. =. 75hl
Bait. e Ohio 80. 1873 do pref ....... 100
can Pacific 80. s3h st. Il. NJ. & M. 1874
Can. Southern :, 81 80. Pacihc 49,. l6A
Cent Pac ....... 1212l so. Railway S2
Ches & Ohio =. 2lh do pref mann. ID
chi &, Alton :. 159hTex. q +. ...... II
chi. Il. & O. :. 100 U. p pref ...... 5sal
Chi & E. III. :. 50 lU.P.D. & G. So
C.C.C& StL... BIN Wabash .......... IA
do pref ........ ~ 90 pfeI ..'.....' ly12
Del & Hudson Ill Wheel. q l.. E. 2as
Del l.. & w. 152 do pref mann. l2l2
Den e. Rio G.. III Adams Express lOl
do nref ,...... 4G15l American Ex... 125
reria fnavv1 1884, United States Eek 40