The morning news. [volume] (Savannah, Ga.) 1887-1900, 1899-05-11

ferred incomes, 10 bid, IA asked: Cen
trail of Georgia Railway third preferred
incomes, bid, I asked; Georgia Rail-
road IS. 1910. 116l5 bid. III asked: Charlotte
Columbia and Augusta first IS. 1903 bid 10
asked; Charlotte, Columbia and Augusta
second mortgage Is. 1913 bid 1876 asked;
Georgia Southern and Florida new 5s. 1881
bid, l09i9 asked; South Georgia and Flor
ida second mortgage rs. 100 bid. 1Ol asked;
Ocean Steamship per cent bonds 1926
105 bid, l07 asked; City and Suburban
Railroad first mortgage per cent bonds
l0S bid. l04 asked; Alabama Midland 5 per
cent. Endorsed. 100 bid 10l asked; Bruins
wick and Western As, 80 bid. SO asked;
South Bound Railway IS, $685. bid 1OOa,
asked; Georgia and Alabama first pre-
ferred 5s, l06 bid. 107 asked; Georgia and
Alabama consolidated 5s. lO1 bid. 1902 ask
ed; ,Eatonton Branch 80 bid 10Oh asked;
Central of Georgia, Middle Georgia and
Atlantic division 5s. 80 bid. 100 asked.
Railroad Stocks-Augusta and Savan-
nah l1212 bid, llSla asked; Southwestern.
llS bid, ia asked; Atlanta and West Point
stock, l24 bid, asked; Atlanta ana
West Point per cent. certificates, 1881
bid, l04 asked; Georgia. common, 2O6 bid.
207 asked; Georgia and Alabama stock.
81 bid, IS asked.
Gas Stocks and Bonds-Savannah Gas
Light Stock. q bid, % asked Edison Elec-
trio Illuminating Company per cent
bonds. 105 bid, 1861 asked
Bank Stocks, Etc.-Citizens Bank, 100
bid 121 asked; Chatham Bank. 105 bid,
JOG asked; Germania Bank. 1l6 bid, -
asked; National Bank of Savannah, 1923
bid, - asked; Merchants National Bank
of Savannah SO bid. "a asked; Ogiethorpe
Savings and Trust Comapny, 107 bid, -
asked; Southern Bank of the State Of
Georgia, 1904 bid, 1914 asked; Savannah
Bank and Trust Company, Ill bid, liz ask
ed; Chatham Real Estate ami Improve
ment Company, A, 561s bid, 81 asked; b,
554 bid, Sc asked; Peoples Savings and
Loan Company, "a bid, 95 asked.
Factory Bonds-Augusta Factory 101
bid. 102 asked: Sibley Manufacturing Com
pany 6s, 1902 bid. 1903 asked, Eagle and Phe-
nix Mills, per cent bonds, due 1923, 1902
bid, 104 asked; Bibb Manufacturing Com
pany. 1903 bid 1851 asked.
Factory Stocks-Augusta Factory, 50
bid, SO asked; Granitevlle Factory, $50
bid, 1855 asked Langley Factory, 81 bid.
1O1A asked Enterprise Factory. common,
90 bid, 80 asked j. r. King Manufacturing
Company, 81 bid. 10l asked; Sibiey Manu-
featuring Company, 6S bid, 70 asked Sa-
vannah Brewing Company, 105 bid, 106
asked
New York May 10.-Money on call was at
31sGJ4A per cent, the last loan was at 81
per cent. ITtffle mercantile paper, 012tI114
per cent. Sterling exchange weak with act
ual business in bankers bills at 4.S6% q
4 S67s for demand and at 81 $40 for sixty
days. Posted rates, 81. S515Q4. S615 and "a .s7i3
"a $50. Commercial bills, $i.S4. Silver GER
tifioates, G1& d62Ac. Bar silver, 6l1sc Mexi-
can dollars, 4S34. Government bonds were
strong State bonds were inactive. Railroad
bonds were strong.
New York, May 10.-The stock market
moved up sharply to-day, although at
some times considerable irregularity APP
peared Certain large interests were open
purchasers of their specialties and the
absorption of some 10000 shares by Lon
| don aided the market leaders in pushing
| uD their favorites. In the afternoon the
| rapidity of the advance induced the COW
| ering of large short lines and commission
houses were again active purchasers.
| There was no furry IN tine money mar
| ket the ruling rate for call loans being
4 per cent. Sterling exchange eased of
| on the large purchase of stock for foreign
account An element in shaping senti-
ment was a rumor that the government
| crop report to be issued late to-day would
| show an improvement of several points
| over last month St Pauls favorable
weekly statement of earnings was a
source of strength TO the Changers.
The lower range of prices brought about
| by Yesterdays decline proved attractive
to many would-be purchasers. and while
there was no important news develop
ment. sentiment was completely reversed
to-day.
Stocks which were the center Of weak
| ness Yesterday, notably the Flower spec
| ialties were among the strongest features
! to-day, Brooklyn Transit rising Tx and
Federal Steel and Peoples Gas about 4
each. Among the specialties there were
some very pronounced advances, includ-
ing American Tobacco IL, American
| Shelters 57s, Steel Hoop and Third Ave-
nue., 5 each; American Steel and
Wire go, Tennessee Coal and Iron
and Continental Tobacco 3h, and Ana
! couda Mining and Manhattan each. The
railways advanced from one to 3% points
for active issues, Burlington scoring the
extreme rise.
METROPOLITAN, which lost point was
| the most pronounced exception to the
general strength. In the forenoon there
| was considerable commission house liqui-
dalton, which induced certain profession
ais to make a drive at the market. but
| large operators absorbed offerings, two
| houses taking together about 100000 shares
| and this turned the tide and steady Inn
provement forward. report that the in
dustrial commission hearing In Washing
ton had been postponed for thirty. days
| led to purchases OF the SUCK OF SODR
the companies to be investigated. 1t was
reported that a prominent commission
house after a consultation with the inan-
cial Institutions carrying its loans, was
forced to sell large line of stocks short
w after the opening. and that II was on
sales from this quarter that the market
was temporarily depressed in the fore
noon. Practically everything Joined In the
! late advance and the market closed buoy
ant at the best.
Railroad bonds participated in the inn
proved speculative temper, but advances
were not material except In a few in
stances. Total sales $2,S20,000 United
States new As advanced u and the 3s X
| In the bid price.
The total sales of stocks were 1,027. 500
shares, including Atchison 5,400; do pre-
| ferred 1870; Chesapeake and Ohio 500;
| Burlington 1850; Louisville and Nashville
! $3.50: Manhattan $1,000; Metropolitan
Street Railway 11.575; Mexican Central
$500; Reading first preferred PATIO; Mis-
n. KIRkI AMI.