The morning news., 1899-04-12


West Point per cent. certificates. l03 bid
lOl asked. Georgia common. 2o6 bid.
2O' asked; Georgia and Alabama stock.
S5 bid, 36 asked
Gas Stocks vannah Gas Light Stock,
. bid, asked.
Bank Stocks, Etc.-C1igeus' Bank III
bid, lis asked; Chatham Bank. lOt bid
lOo asked: Germania Bank l6 bid.
asked; National Bank OF Savannah, l2S
bid. asked; Merchants National Bank
of Savannah. 81 bid. 80 asked; Oglethorpe
Savings and Trust Company. l07 bid.
asked; Southern Bank OF the State of
Georgia 129 bid 1870 asked; Savannah
Bank and Trust Company. 40 bid Ill ask
Ell; Chatham Real Estate and Improve
ment Company. A. So bid, 81 asked. b. 55L
bid, 56til asked: Peoples Savings and Loan
Company, "a bid, 95 asked
Factory Bonds-Augusta Factory, iOl
bid. l02 asked, Sbley Manufacturing Com
pany Is, l02 bid 1OS asked Eagle and Phe-
nix Mills. 9 per cent. bonds, due 1925 l0lis
bid, l05 asked; Bibb Manufacturing Com
pauy. l03 bid, lo5i9 asked
Factory Stocks-Augusta Factory. IS
bid. 50 asked: Granitevilfe Factory. $50
bid, l55 asked; Langley Factory, % bid,
l0lt2 asked, Enterprise Factory. common.
30 bid, % asked; j. r. King Manufacturing
Company. 81 bid, 1Ol asked Slbley Manu-
featuring Company, 6S bid, 73 asked; Sa-
vannah Brewing Company, l0i bid, 105
asked.
New York, April 11.-Money on call was
easier at 2Q6 per cent; the last loan was
at per cent. Prime mercantile paper, 3Is
@4h per cent. Sterling exchange, strong,
with actual business in bankers bills at
$.SSdt4SSi4 for demand, and at $AS324m4.S4
for sixty days; posted rates, $iS41@d4 ass
and $4S7d4.S7la. Commercial bills, $LS2l5u
4.S3 Silver certificates, 60d6O1ac. Bar sill
Yer, $3.50. Mexican dollars, 475kc Govern
ment bonds were frmer; state bands were
weak; railroad bonds were firm
New York, April 11.-Bullsh confidence
prevailed In influencing stock prices to-
day, which advanced almost continuously,
slight set-backs regularly bringing new
buyers The final dealings were in large
volume bringing the total to nearly three
quarters of a million shares. There was
continuous support by large operators,
accompanied by optimistic utterances. Po-
tent allies of higher prices were, the show
ing of the government crop report on win
ter wheat which was better than expected,
spring weather in the West abundance
of money at easter rates and Washington
advices that a sudden call on the depos-
itory banks for the funds TO pay the Span
ish indemnity was not contemplated, but
that the withdrawal OF government funds
would be gradual as hitherto.
A sentimental influence was the knowl-
edge that presidential proclamation that
We were at peace with Spain would be
issued to-day. The Changers were llber-
ally purchased for Western account. Van
derbnt issues continued in active request
Local transportation shares, excepting
Metropolitan, were strong, Brooklyn Rap
Id Transit making an extreme gain of
almost points. The other Flower spe-
cialties were likewise heavily purchased,
Peoples Gas moving up over points.
Continental Tobacco's rise of 65s was in
part associated with to-days meeting,
relative to a new stock issue.
The Southwestern group was active and
strong, as were the iron and steel shares.
In fact. before the day was ended, prac-
tieally everything was higher, the larger
gains being among the specialties. Com
mission houses purchases increased with
the strength of the market London was
a small factor, selling about half as much
as it purchased.
Call money began with large loans at
6 per cent and gradually eased off to 2
per cent. The ease of money was re-
fiected in an appearance cf more strength
in the sterling exchange market, part of
which was possibly due to anticipatory
purchases i'm connection with the payment
eign exchange authorities claimed to have
noted no such buying hitherto which leads
to the belief that the settlement was vet
to be arranged. The market closed strong
at about the best prices.
The bond market followed stocks but
to only a narrow extent. Total sales
So, ,035, 900.
United States IS and the old Is coupon
advanced q In the bid price,
The total sales of stocks amounted to
72l, ,905 shares, including 5000 American
Steel and Wire; 10000 American Sugar;
$500 American Tobacco; 1900 Atchison
preferred; 63700 Brooklyn Rapid Transit
1900 Burlington; 11,7OO Chicago Great
Western; $500 Cleveland, Cincinnati and
Chicago; 17,40O Continental Tobacco: &. 500
do preferred; 2l,900 Federal Steel: s7OO do
preferred; 5000 Kansas and Texas prefer
red; 81 800 Manhattan; 5.4OO Mexican Cen
tral; 1920 Missouri Pacific; 1900 National
Steel; e, 100 New York Central; $500 Pa
cidc Mail; 500 Pennsylvania; 3.5O0 Peo-
pies Gas: 23,S00 Reading first preferred:
u, 800 Rock Island; 5.4OO st. Louis and
Western preferred 1920 ST. Paul; s, 100
Southern Pacific; 7,4O0 Tennessee Coal and
Iron; 1920 Union Pacific; 10,1OO do pre-
ferred; 5,1OO Leather preferred.
New York Closing Stocks.
Atchison ........ 2lA do pref .......7f
do pref ........ 61A do End pref .. 40A