The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-03-23

| Georgia Railway first preferred incomes
81 bid, IS asked; Central of Georgia
| Railway second preferred incomes, 129.
| bid, 1884 asked; Central of Georgia Railway
third preferred incomes, 6is bid. ~ asked ;
Georgia Railroad 6s 1910 1l3 bid, ia asked:
Charlotte. Columbia and Augusta first 5s.
| lOl bid los asked; Charlotte, Columbia and
| Augusta secoHd mortgage Is, III bid, 11Sla
| asked; Georgia Southern and Florida new
| 5s 100 bid, 1Olla asked; South Georgia and
Florida first mortgage Is. 1929 bid, 1OSls
| asked; South Georgia and Florida second
mortgage Is, 1903 bid 105 asked; Ocean
Steamship per cent. bonds. 1926. 10l bid
! IO6 asked; City aud Suburban Railroad
| frst mortgage per cent bonds 100 bid 103
| asked; Alabama Midland per cent in
dorsed 81 bid. So asked Brunswick and
Western IS, Is bid. 77ia asked; South
| Bound Railway 5s, 49, bid, IS asked; Geor-
gia and Alabama first preferred 5s 102 bid
lOS asked; Georgia and Alabama cons. IS
81 bid, SO asked; Eatonton Branch, So bid
! S114 asked; Central of Georgia, Middle
| Georgia and Atlantic division 5s, 7715 bid
| so asked
| Railroad Stocks-Augusta and Savannah.
| 90 bid, 80 asked; Georgia common, It's
| bid, 1850 asked; Southwestern, 9l16 bid 92h
asked; Atlanta and West Point stock,
| lO3 bid, 1914 asked; Atlanta and West
| Point per cent. certificates. 1903 bid, l0i
| asked: Savannah Construction Company,
| 67 bid, 70 asked.
| Gas stook-savannah Gas Light stock,
| % bid, g asked; Electric Light and Power
Company "A bid, n asked.
Bank Stocks, Etc.-Cltizens Bank, 109
bid 10 asked; Chatham Bank. IS
bid, 40 asked; Germania Bank, 100
bid, 110 asked; National Bank of Savan-
nah 125 bid. 1926 asked: Merchants National
Bank, "a bid, IS asked Oglethorpe Saw
| ings and Trust Company, lOj bid 106
asked Southern Bank of the State Of
Georgia, - bid, 1873 asked; Savannah,
Bank and Trust Company, 1914 bid, 1924
| asked; Chatham Real Estate and I'm
| provement Company, A. SO bid, Sc asked,
| 3, 5415 bid, SIS asked; Peoples Savings and
Loan Company, 95 bid, 81 asked, ex-div.
Factory Bonds-Augusta Factory. TO-,
bid 1902 asked: Eagle and Phenix Manu-
featuring Company, per cent. bonds, IS
| bid, 40 asked; Sibley Manufacturing Cora
pany, IS. 100 bid. 102 asked.
| Factory Stocks-Augusta Factory, 6
| bid, 70 asked; Graniteville Factory, 1i5 bid,
| 151 asked Langley Factory 10l bid 10l
asked; Enterprise Factory, common, %
| bid Sc asked j. r. King Manufacturing
| Company 104 bid 1O5 asked; Sibley Manu-
| featuring Company, 70 bid. 76 asked; Sa-
vannah Brewing Company, 80 bid, 80 asked.
| New York, March 22.-Money on call
was easy at 1laGl2 per cent; the last loan
! was at 2 per cent. Prime mercantile pa
| per H5d51s per cent. Sterling exchange
was easier, with actual business in bank
ers' bills a t $4.S46E4.Siia for demand. and at
! $lSlbG4.S1ss for sixty days posted rates,
! 81 s21a and $4S5d4. 8515. Commercial bills,
| s4S0h@4SOR Silver certificates, 56G56l9c,
| Bar silver, 55%c. Mexican dollars, &c,
! Government bonds were irregular; state
bonds We're DUH railroad bonds were
| weak.
New York. March 22.-The Evening
| Posts London financial cablegram says:
| The stock market here continues quiet
| and dun to-day, the only feature being the
| better tone on improved conditions in the
| Paris bourse, and The revival of French
! specalties. such as Rio Tinto copper and
| De Beers mine. Americans are simply
waiting on New York They closed weak
! Brazis We're better The demand for gold
for New York is less keen, IN consequence
! of the rise in exchange. The China loan
! is going fairly well here, and was appar-
! emily we'll received in Berlin, where tho
| subscription list was closed at noon. Tha
new Union Pacific shares carried over to-
day for the special settl@ment on Thurs
day showed a shortness of the stock
| much of Il having been taken up. The
| difference to be met on Thursday are
! however enormous, and assist in the pres
ent stagnation of Americans.
New York. March 22-Offerngs 10 sell
were not heavy in to-days stock market,
| except in a few stocks, and intermittent
w. But the buying demand was at so
low an ebb that even the desultory offer
lngs that were dribbled upon the market
| drove prices down almost continuously
| The result is seen in net losses Of between
| and points in a great many OF the
! standard railroad stocks and leading IN
dustrial specialties, and Of over 3 points
| i'm the local traction specialties.
During The morning session there We're
evidences Of an attempt to support prices
| in a few stocks due to the efforts Of
large operator recently returned to the
street There was also extensive covering
| by anothrr of the largest operators In the
| street, who has recently been persistent
| seller The slightest indication of a rise
| in prices brought out such heavy offer
| ings all through the list that the half
| formed purpose apparent TO bid up prices
| was abandoned for the rest Of the day.
| Apparently the burst Of animation IN the
! final hour was due to considerable short
selling, as there was a tendency to rally
| on covering Just before The close, but the
rally was so feeble that the covering move
ment was given over and prices fell away
| to about the lowest al the close. The
| great bulk Of the dealings was in the
| Changers, Union Pacific preferred, Sugar
! and the local traction STOCKS. IheSe rail-
road stocks were affected by the reports
| Of the blizzard in The West Sugar con-
| tlnued depressed on the belief that the
! company was on the verge OF losing its
supremacy in the trade The local trac-
ton stocks were affected BY threatened
complications growing out Of the proposed
rapid transit project. But while these spe-
cial causes had an appreciate influence,
the shadow on the market was the develop
ment Of the governments Cuban policy,
in which all circles feel certain crisis Is
now imminent. Evidently no one vents
TO buy stocks until this question IS set
tied. Another feature OF the day was
further announcement Of gold engaged for
import and e concurrent easing Of ex-
chane rates. II was felt yesterday that
the gold movement had probably come 10
an end for the present, and as this was
| believed TO be due 10 a prospect OF easier
money rates, IL was looked upon with
favor BY the Aeculatiye community Ac-
cording 70 this reasoning the resumption
to-day of he gold movement might be re-
garded as an unfavorable factor, though
the further influx Of gold must make
easier money, though II Is not the index
that easy conditions have already arrived
frt.o T,,ifraee in Tho houd market WAS