The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-03-01


Western Railroad general mortgage bonds
6 per cent. interest coupons. III bid. 11s
asked; Savannah, Florida and Western
/ first mortgage per cent. gold bonds. due
/ 1924, l0Sls bid. 109ia asked: Con-
/ trail Railroad and Banking Company coll
lateral 5s. 81 bid, 9li2 asked Central az
/ Georgia Railway first mortgage IS, so
| year gold bonds, 1i6 bid, III asked; Central
of Georgia Railway first consolidated
mortgage 5s. 90, bid 81 asked; Central
/ OF Georgia Railway first preferred incomes,
40 bid Al asked; Central of Georgia
/ halfway second preferred incomes. 1874
/ bid, lll2 asked;Central OF Georgia Railway.
/ third preferred incomes, bid, 8 asked ;
/ Georgia Railroad 6s 1910. ia bid. lis asked;
i Charlotte, Columbia and Augusta first S.
/ ITO bid Ill asked; Charlotte, Columbia and
| Augusta second mortgage IS l15 bid lis
asked; Georgia Southern and Florida new
5s, 99la bid. 1905 asked; South Georgia and
Florida first mortgage Is, 102l5 bid 1881
asked; South Georgia and Florida second
mortgage Is lOS bid. Jos asked; Ocean
steamship per cent, bonds 1926 105 bid
Jos asked; City and Suburban Railroad
| first mortgage per cent. bonds. "a bid. -
asked; Alabama Midland s per cent in
dorsed, Sc bid, 90 asked; Brunswick and
Western As, 70 bid. 77la asked; South
Bound Railway 5s, 7iih bid, 75ls asked
| Georgia and Alabama first preferred IS
cons. as IS bid, 50 asked; Eatonton
Branch bid, 1914 asked; Central of
| Georgia, Middle Georgia and Atlantic Di-
vision 5s, 50 bid, S2la asked.
Railroad Stocks-Augusta and Savannah,
u bid. IS asked; Georgia, common. IT'S bid
| lSO asked; Southwestern. 93at bid 9lIh
! asked; Atlanta and West Point stock lOlt
bid, 1903 asked Atlanta and West Point 6
per cent certificates, l0l5 bid 1903 asked /:
| savannah Construction Company bid
! Sl1a asked,
Gas Stocks-Savanuah Gas Light stock
2 bid, % asked; Electric Light and Power
Company, rs bid. n asked.
Bank Stocks, Etc.-Citizens Bank. 1Oo@
bid, llOla asked; Chatham Bank,
4S1s bid 40 asked Germania Bank, 1903
bid, 1903 asked; National Bank of Savan-
nah, 1875 bid, 126 asked; Merchants National
Bank, 81 bid sly asked; Oglethorpe Saw
ings and Trust Company, 105 bid, 1O6
asked: Southern Bank of the State of
Georgia, bid. 1879 asked: Sa-
vannah Bank and Trust Company. lO2
bid. lO2ls Asked Chatham Real Estate and
Improvement Company, A, S. bid, So
asked; b. 541z bid, So asked: Peoples Saw
ings and Loan Company, 9s bid, 80 asked
Factory Bonds-Augusta Factory. 50
bid. 81 asked; Graniteville Factory 145 bid
$50 asked; Eagle and Phoenix Manu-
featuring Company, per cent. bonds, -
bid, 40 asked; sibley Manufacturing Com
pany 6s. l0i bid, l02 asked.
Factory Stocks--Augusta Factory 80
bid, SO asked; GraLtoville Factory 145 bid
l5l asked Langley Factory, l04 bid, 1854
asked; Enterprise Factory, common. 90
bid, SO asked; ]. r. King Manufacturing
Company, 1Ol bid. 1915 asked; Sibey Manu-
| featuring Company, 10 bid, 76 asked: Sa-
vannah Brewing Company IS bid, 81 ask
ed.
New York, Feb 2s.-Money on call was
steady at 115d2la per cent; the last loan
was at per cent; prime mercantile pa
per, SlAd4 per cent. Sterling exchange
| weak, with actual business In bankers
| bills, at sls4@4s4Is for demand and az
| &SlhG4si12 for sixty days; posted rates.
Sis2la0t4.@ and $,S5a4s5i4. Commercial
| bills, $f.SlGl4Slk. Silver certificates, 553sG
| 56$sc Bar silver, 55ssc. Mexican dollars,
SAC. Government bonds were weak state
bonds were dull: railroad bonds we're firm.
New York. Feb 2g.-The Evening Posts
London financial cablcgram says: THE
stock market here was heavy and duh to-
day, due not so much 10 The later politi-
cal news az 10 the liquidation of ac-
counts by defaulling clients at the settle
ments to other forced closing Of ac-
counts. a sharp fall in Spanish stocks
was also an adverse feature. Americans
opened dun and lifeless. There is little
business in them here recent buyers
awaiting developments in the United
States New York absorbed all the stock
offered and the market consequently clos
ed steady 10 firm
New York Feb. 2s.-To-day's stock mar
ket was strong but the activity was
largely centered In ,he leading stocks,
such as Sugar. the Grnngers, Union Pa
ciie preferred and a few others. The
most notable strength was also shown nv
these stocks. The total sales showed a
considerable falling off from the recent
averages, and the market lacked breadth,
business being poorly distributed
London was seller OF stocks to-day for
The first time In a considerable period
The local market was as little affected by
this movement as II was by Bondon's
/ persistent buying during the recent de-
clines. n temporary heavlness at the
| opening be expected. The fan In interna-
tional stocks In the early dealings was
sharp, but was for only a brief time.
Added to the days net gains, the early
weakness makes the ranges of prices In
the stocks affected very considerable. APP
prehension over the Cuban question SEEM
| ed to be IN allegiance and the course OF the
market was continually upward after the
opening, with the exception Of a slight
reaction after noon and some yielding
from the highest at the close on profit
taking.
The noon reaction was attributed to dis
appointment because the Supreme Court
RETAINED from handing down its decision
in the Nebraska maximum freight rate
/ case.
The sentiments Of London and New York
on the Cuban question seemed TO be com
/ pletely reversed, for the recent DISPOSE
ton ia London 10 look confidently for a
peaceful solution gave way 10 depression
to-day the declines IN Spanish AZ, both
in London and Paris, being particularly
| significant. In London II was X and in
| Paris l3-S2d. But II Is none the less high
/ ly significant that the simultaneous decline
in stock prices IN London and the rise In
| New York were accompanied by stiffen-
ing Of money rates IN London and not
ably easier tone in New York.
Call loans were made low as Y per cent.
there to-day. presumably in response 10
the gold shipments. 81 10000 additional be-
ing announced to-day. Sterling exchange
failed 70 be stiffened by the gold move
ment. and demand bills fell to SLSf posted
rates for long and short being marked
/ down = per cent Additional shipments Of
| gold are, under the circumstances, ex-
/ pecied later IN the week. There IS talk
/ also that efforts VIII be made TO have the
remaining government deposits OF Union
Pacific money left IN New York banks
for the present, although notice has been