The morning news. [volume] (Savannah, Ga.) 1887-1900, 1899-05-24

11Sls bld.ii4 asked; Atlanta and West Point
stock, l2l bid, 126 asked; Atlanta and
West Point per cent. certificates 1O3l5
| bid, l04 asked; Georgia, common, FOG bid.
2C7 asked; Georgia and Alabama stock,
"a bid IS asked; Savannah Hotel Co. stock
IS bid 60 asked.
Gas Stocks and Bonds-Savannah Gas
Light stock. e bid, 2 asked; Edison Elee-
tric Illuminating Company, 6 per cent
bonds, 1O5 bid, l07 asked.
Bank Stocks, Etc.-Citzens Bank, 100
bid, l2l asked; Chatham Bank, 107 bid
los asked; Germania Bank. 1lS bid, l2)
asked; National Bank of Savannah, 1919
bid. asked; Merchants National Bank of
Savannah, 9lh bid, 30 asked; Oglethorpe
Savings and Trust Company, l07 bid, los
asked; southern Bank of the state Of
Georgia, 1872 Did, 1888 asked; Savannah
Bank and Trust Company Ill bid, ll2 ask
ed; Chatham Real Estate and Improve
ment Company. A. 56ia bid 81 asked; b.
55l4 bid, So asked; Peoples Savings and
Loan Company 81 bid. 95 asked.
Factory Bonds-Augusta Factory. 10l
bid. 1902 asked; Sib.ey Manufacturing Com
! pany 6s, 1902 bid. 1903 asked; Eagle and phe-
nix Minis, 8 per cent. bonds, due 1928. 1913
bid, l05 asked; Bib Nanufac turing Com
| pany, 1903 bid. l05la asked.
| Factory Stocks-Augusla Factory, IS
hid, 80 asked; Grantevne Factory, 100
bid, 1855 asked; Langley Factory. 81 bid
| 1919 asked Enterprise Factory, common,
| 90 bid 90 aslSed J. r. King Manufacturing
| Company, 81 bd. l0l asked; Sibley Manu-
| fpcturlng Company, 6S bid, 73 asked, So
yannah Brewing Company, 10i bid, lO5
asked
New York. May 23.--Money on call was
steady al 2QSls per cent. the last loan
/ .
/ 3ia04A per cent Sterling exchange firm.
With actual business in bankers bills. at
$LS72a@4sS for demand, and al &,S5i4nLS5A
for sixty days; posted rates. $LS5ia and
| SiSSICASSla; commercial bills, SLS5Gf lS5i %.
Silver certificates. 6l062c; bar silver, 6lAc;
Mexican dollars, 4slac Government bonds
We're steady; state bonds were inactive;
/ railroad bonds were strong
New YORK., May 23-Neglcct OF the Stock
Exchange by The outside public continued
10 be the marked feature OF the trading,
and as is usual IN narrow market
prices drifted unoasily up and down, fol-
lowing the cratic movements OF special
stocks. Dealings were evidently almost
wholly confined 90 the professional Gle
ment who seek profits on a days turn in
| prices. AS his class Of traders watch
pretty closely for what other people are
doing and proceeded to do likewise, the
net effect in days business on taking
one day with another, Is not large.
Yesterdays late upward movement was
followed by a realizing this morning ana
.ater by a sharp advance, when was
practically wired out before the close.
Sugar was the center Of interest in the
market and rebounded quite strongly
from the early pressure together with the
affiliated glucose stocks. But realizing
took off all the early gain and left it at
the last 5 points be.Ow The highest and
near The low point of the day. The early
rise in Sugar was accompanied by a
strong rally in the New York municipal
stocks. Consolidated Gas Manhattan,
Brooklyn Transit and Metropolitan rising
from to points. This concurrent
movement on the leading speciaMlies gave
/ quite an appearance Of strength to the
market for a time and railroad stocks
| gained IN the upward movement
Weakness in wheat and especially the
| reported selling from the Southwest, help
ed this movement but the persistent re-
ports Of insect damage and news from
abroad, that American wheat was practi-
cajly unsuitable at present prices helped
to the late break in the Changers and
Southwesterns. There was a growth OF
uneasiness also over the persistent harden
ing tendency Of foreign exchanges. The
actual rate for demand sterling touched
1874 to-day, which is near the gold export
point The continuing ease In money sug-
gcsts that the method employed TO finance
the Philippines payment to Spain has
forced something Of a redundancy in the
local money market, resulting in the rath-
er artificial stiffness of exchange rates
Exchange en- Berlin also hardened a
fraction to-day, although that money cen
ter was reported TO be buying American
stocks from London.
TIE newly loated Industrial stocks con-
tinUed rather conspicuously weak Ana
conda broke points and in the outside
market Amalgamated Copper, the pay
ment Of subscriptions for which was com
pleted yesterday, fell to par, which is the
subscription price.
The closing Of the exchange was easy in
tone, though rather duh and showed net
loss in all but few cases There was a
good demand for some Of the reorganiza-
ton per cent. railroad bonds the Union
Pacilc and Northern Pacific As touching
record prices. Total sales, par value,
$3744,CCO.
United States government bonds TN
changed. The total sales Of stocks were
All, 100 shares, including q, $50 Atchison pre-
ferred; 1l,725 Burlington; 11,760 Manhattan:
9,4l5 Metropolitan; $3.50 Missouri Pacific
6,150 Northern Pacific; 5000 ST Paul: G.05J
American Steel and Wire 1860 Federal
Steel; $3.50; Peoples Gas; SO AIS Brooklyn
Rapid Transit; $3.50 Sugar.
New York Closing Stocks.
Atchison IS do do pref :. 32lA
do pref. NM 5SsslSt. Paul .... ...122sal
Bait e. Ohio .. 65A do pref ..1G9 +
Canada Pacific. 81 lSt. p. & ON. ~ I
Can. Southern. 5Sl2I do do pref ITO
Cent. Pacific 5llAlSo Pacific go. 32A
c. & 0. ........125 So. Railway 80. 1lSS
Chi. & Alton 100 do pref. MN. 5OiS
c., b. & O. 49,. .l29laETexas & Pacific. 1917
Chi. e. Ill. "a Union Pacific !. 417s
do pref. .......121 do pref. ...... 75Ib
Chi. G. w. ..... 1875 Wabash &C.,. -. 7iS