The morning news. [volume] (Savannah, Ga.) 1887-1900, 1899-05-09

bid lOSla asked; South Georgia and Flor
lda second mortgage Is, 100 bid 10l asked;
Ocean Steamship per cent bonds 1926,
100 bid, lO7 asked; City and Suburban
railroad first mortgage per cent. bonds.
lOS bid, l04 asked; Alabama Midland per
cent. Endorsed, 100 bid, 101 asked; Bruns-
wicE and Western As 50 bid, So asked;
south Bound Railway 5s, 99A bid, 1904
asked; Georgia and Alabama first pre-
ferred 5s, 100 bid. lO7 asked: Georgia and
Alabama consolidated 5s. 10l bid, 1902 ask
ed; Eatonton Branch, 80 bid, 1902 asked;
Central of Georgia Middle Georgia and
Atlantic division 5s. 80 bid. 100 asked
Railroad Stocks-Augusta and Savan-
nah, tI2ta bid 113lg asked; Southwestern.
ll3 bid, ia asked; Atlanta and West Point
stock, l2i bid, asked; Atlanta and
West Point per cent certificates. 1915
bid, l04 asked; Georgia, common, 206 bid,
20 asked; Georgia and Alabama stock,
SSl2 bid, 3ii4 asked.
Gas Stocks-Savannah Gas Light Stock
y bid, 2S asked
Bank Stocks. Etc.-Citizens Bank l2)
. bid. 12i asked; Chatham Bank. 105 bid
| lO6 asked Germania Bank. 1l6 bid, 49,
asked; National Bank of Savannah. 129
bid, asked; Merchants National Bank
! of Savannah. 90 bid, "a asked; Og.ethorpe
| Savings and Trust Comapny, 1O7 bid. -
| asked; Southern Bank of the State Of
! Georgia, lSO12 bid, 1914 asked; Savannah
Bank and Trust Company, Ill bid, l12 ask
! ed; Chatham Real Estate arI Improve
ment Company, A. 561a bid, 81 asked; b,
SOL, bid, Sc asked; Peoples Savings and
Loan Company, "a bid 95 asked.
Factory Bonds-Augusta Factory, 10l
| bid, 1902 asked; Sibley Manufacturing Com
pany Is, lO2 bid, 1903 asked; Eagle and Phe-
! nix Mills, 6 per cent. bonds, due 1923, 1872
| bid, 104 asked; Bibb Manufacturing Com
pany l0S bid, 1861 asked,
Factory Stocks-Augusta Factory, IS
! bid, 80 asked Graniteville Factory, $50
bid, 155 asked; Langley Factory, 81 bid
1Oll2 asked; Enterprise Factory, common.
30 bid, 92 asked; j. r. King Manufacturing
| Company 81 bid l0l asked; Sibiey Manu-
featuring Company, 6S bid, 70 asked Sa-
| vannah Brewing Company, l05 bid, l06
| asked.
New York, May S.-Money on call was
steady at 2izq412 per cent; the last loan
| was at 312 per cent; prime mercantile
paper. Sl2Q4h per cent Sterling exchange
| steady, with actual business in bankers
| bills, at &.6Ad4S71s for demand and at
$i.S5AQ4S5lA for sixty days; posted rates,
! $.S6l2 and SISSY; commercial bills 81. S41e
! q4S5. Silver certificates 6l1ad62c; bar sill
yer, 6lssc; Mexican dollars 4S1ac, Gov
eminent bonds strong; state bonds hrmer;
railroad bonds weak.
%NNN Olht MAY Oily uludllOH was quite
| general in the stock market to-day, and
material declines prevailed. There was no
news of any Importance and disappoint-
| ment at the bad showing of the bank
| statement on Saturday seemed to color
| speculative sentiment
Sterling exchange was about steady, and
money decidedly easier. Such rallies as
| took place were feeble and in each in
| stance brought out further sales, leaving
/ ma rlfaf OF fba Of Al
| lowest of the railways, although some Of
the specialties in the late selling move
! ment retained part of the advantage de-
! rived on an afternoon rally.
! Arbitrage brokers purchased some 10000
| shares during the forenoon's weakness
! The market continued feyerish practical
| ly all day. There was forced liquidati ton
of marginal accounts bye commission
| houses.
Some important interests let go stocks
on the assumption that rather large re-
! sponsib.lh.es have been taken by certain
| underwriting syndicates. The talk of the
| formation of a new stee. trust with q,
/ tremendous capitalization caused uneasi-
ness in some quarters, resulting in de-
! clines of over points in Federal Steer
shares and over in American Steel and
Wire. The Flower stocks were sold for
| both Western and local account, Brook.
! lyn Transit losing 50, Peoples Gas Sal
and Atchlson preferred IA
The tenor of the crop advices was con-
iicting, but the Changers receled smartly
| Burlingt on losing over points and ST
| Paul and Northwest about half as much
Among the Coalers, Delaware and Hudson
and Jersey Central were down over
point EACH New York Central suffered
loss of "a in connection with its unfav.
orable showing for April, compared with
1 Ia CT a g.
able by the earlier date at which navlga-
ton opened last year. Other weak spots
in the railways were Baltimore and Ohio
! Pennsylvania, Union Pacific. Cleveland
| Cincinnati, Chicago and ST. Louis, North
ern Pacific and Missouri Pacific. Sugar
and Lead were among the heavy Indus
| trials.
Amalgamated Copper saggcd on the
| curb which caused Anaconda MInins.
! TO be without support. General Electric
| which rose over a point was the conanio-
uous exception to the markets weakness
| The deposit OF 100000 in warrants
| against the sub-treasury n a local bank
| which is hanging the transfer Of The Spon
| ish indemnity was taken TO be the causa
OF the easier tone in money. as this onar-
alton had not been expected until later In
| this week.
Some sharp declines were effected to.dA,,
= h
| er grade issues only receded mo1eratsI,
Total sales were s2,7JO,OOO United statee
| new As, registered and the old As cn,,nor
advanced a and the IS and the 81 * IN
! the bid price.
Total sales of stocks were ,0iO. 400 shares
including Atchison, $3.50; Aichison pra-
ferred, S0,9J0; Burlington. 26. $50; Louisviile
and Nashville. 14.15); Manhattan. 30 go.
| Reading first preferred, 1925; Missouri
| Pacific, 1860; New York Central & Az.
Northern Pacific. 1853; Northern Pacific
preferred. 7725; Ontario and Western. 7100.
Rock Island. 1880; Union Poetic, II $50:
| st. Paul, 3l.T75; Southern Pacific. 1880;
Southern Railway, 5000; Southern Rat
way preferred, 9025 Union Pacific pre-
ferred, 1870; American Steei and Wire.
| 1850: Federal Steel, $3.50; Federal Steel
! preferred, 2l,525; Peoples Gas. 1890; Con-
/ solidated Gas 6450; Colorado Fuel, 800;
Brooklyn Transit, ls5,GSj; Con inenta, To-
VIE Lead and Pay Cash for Hides
Others Follow.