The morning news. [volume] (Savannah, Ga.) 1887-1900, 1899-05-19

nah. 11S bid, ll3ia asked; Southwestern,
/ 1874 bid, ia asked ATLANTA and West Point
| stock. 14 bid. 126 asked: Atlanta and
! West Point 6 per cent. certificates. 1914
/ bid, 104 asked: Georgia, common, 206 bid,
! 20 asked. Georgia and Alabama stock.
/ "a bid, 80 asked; Savannah Hotel co. stock
So bid, 60 asked.
| Gas Stocks and Bonds.-Savannah Gas
Light Stock, % bid, q asked. Edison Elec-
| trio Illuminating Company 6 per cent.
| bonds, 1854 bid, 1851 asked.
| Bank Stocks Etc.-Citzens Bank, 100
| bid, 12l asked; Chatham Bank, 1O7 bid,
| los asked; Germania Bank, 1ls bid. l2J
asked National Bank of Savannah, 12g
/ bid, asked; Merchants National Bank of
| Savannah 944 bid, s. asked. Oglethorpe
| Savings and Trust Company, 107 bid, los
! asked; Southern Bank of the State OF
| Georgia. 1871 bid. 132 asked; Savannah
! Bank and Trust Company, III bid, 1l2 ask
| ed; Chatham Real Estate and Improve
ment Company A. 561s bid 81 asked; r..
55h bid, IS asked; Peoples Savings and
Loan Company, "a bid, IS asked
Factory Bonds-Augusta Factory, 1Oi
bid, 102 asked; sibley Manufacturing Com
psny IS, l02 bid, 1913 asked; Eagle and Phe-
nix Mills, 6 per cent. bonds due 1928, 1903
| bid, 105 asked; Bibb Manufacturing Com
pany, 1903 bid, 1861 asked.
Factory Stocks.-Augusta Factory, IS
bid, 50 asked; Graniteville Factory. $50
| bid. los asked; Langley Factory, 81 bid,
l0ll4 asked; Enterprise Factory. common,
| 30 bid, 90 asked; J. r.. King Manufacturing
Company, 81 bid 101 asked; sibley Manu-
featuring Company. 6s bid. 70 asked; sa-
vannah Brewing Company, 10i bid, l05
| asked.
New York. May 1S-Money on call was
steady at 21sq3 per cent. the last loan
was at per cent. Prime mercantile paper.
5lzm4A per cent. Sterling exchange strong
with actual business in bankers bills, az
81 Sl2d4. s7A for demand and at 81 S5la@
4.S52l for sixty days. Posted rates. 81. s6I5
and $iS7is. Commercial bills, 81. S5M4. $50
Silver certificates, 6ld62c Bar silver Gle
Mexican dollars, iSAc. Governments bonds
were hrmer State bonds were inactive
Railroad bonds were strong.
New York, May 1S-To-day ended on the
Stock Exchange with the bears apparently
unopposed and in complete possession Of
the market. They made a fierce attack on
prices along the whole line in the final
hour after evidence Of realization at va
rious points in the list had become quite
palpable. The largest volume OF profit
taking sales came upon the market after
quite an extended list of railroad stocks
had been taken In hand and pushed up to
decidedly higher level
This movement In the railroads contin-
.ued after the leading specialties had begun
TO go down, and gave a suggestion Of
shifting of speculation by taking out profit
from the specialtles and putting them into
railroads.
But the railroad list succunbed to the
late attack, many stocks losing between
and points. and Burlington dropping ~
below the high point of the day Pract!c-
ally all the earlier gains in the railroads
We're wiped out, though small net advances
remained in very few cases. Prices were
marked up at the opening to accommodate
the outside public, who were coming In
to buy after yesterdays notable advances
The demand from that source was soon
satisfied, and prices yielded and the mar
ket fell into dullness at the decline
Losses were sharpest. of course. in those
stocks which have been rushed up during
the last few days. The railroads showed
pretty good resistance, and Manhattan
was notably strong, touching ia Minne-
apolis, ST. Paul and SAUL Ste Marie
which had not moved In a long time. be-
came bfiskly active. the common stocks
rising lOA and the preferred ~ As the
day progressed large demand sprang nm
for Chicago preferred the Grangers IN
ion and Northern Pacific and other stand
ana railroad stocks. II was under cover of
this movement in the railways that tho
realizing Of profits in speclalties occurred
Nearly al the Flower specialties Sugar
and Tobacco, began to sag under ths
weight of the sales. In the fiercer at
tack which the bears were thus enconr
aged TO make on the market. Sugar and
Metropolitan Street Railway dropped over
points, Brooklyn Rapid Transit Az and
a number OF other specialtles 2 points or
over.
The closing was very weak and unset
tied, Sugar alone rallyng over a point ON
the taking of bear profits, but the prices
generally ending at the lowest of the day
There was nothing in the general news of
the day which seemed to influence trading
unless it might be a further hardening of
the rate of exchange, which continues TO
rise ana Is near the gold import point in
spite of the continued ease OF money ana
the apparent abundance of funds both bera
ana In the interior There was no diminu-
ton IN the heavy demand for the new
bond issues of some of the railroads nota-
bly, the Central Pacific reorganization ia
sues. Prices of railroad bonds held nota
bly, firm in the face of weakness. of stocks
Total sales, $552O,0G0. United States as
advanced X in the bid price. The total
SAFES OF STOCKS were 745900 shares. includ-
ing Atchison, 500; Atchison preferred "a
$780, Central Pacific, 600; Burlington u
$50. Louisville and Nashville, Il 512. Man
haitian, 1850; Metropolitan Street Rau-
way, 100; Reading first preferred 2 ion
Missouri Pacific, S,075; Northern Pacific
lao; Ontario and Western. SO62: Rock
Island, n,775; Union Pacific, 1880: ITnlon
Pacific preferred $3.50; st. Paul. 90 ga.
southern Pacific 17,l10; American SteeI
7,l95; Paper, 5,095; Tobacco, 9,62e. Federal
Steel, 1925; Federal Steel preferred. 7 275
Peoples Gas. 2O,4SO; Brooklyn Rapid Tran.
81, 1925; Continental Tobacco. 15775.
Sugar $3.50; Rubber, 10 .150; St Louis and
southwestern preferred. 7,10O.
New York Closing Stocks
Atchison '''...'' lSzs st. L. & S. w. 1871
do pref .,....., 557s do pref 49,. S25si
Balu. & Ohio 69i5St. PAM 1S1isi
Can. Pac. $50. 97l4 do pref $50 81
Ian. 90. ''''''' % 81. p & ON. g. 9415
Ches. & Ohio e. 26Is So Pac oosl
Chi. & Alton 160 So Rv. nc
Chi. b. & Q...l32A do pref sise
Chi. & e. Ill. =. 76 Tex. & Pac %
DO pref .'...''.ll Union Pac. ..... 1885,
Chi G. w. 800. las do pref *
Chi Ind. & L. Wabash g5s
90 PREF 49, 81 do pref ....... PISS
Chi a N. w. .l53 Wheel & L. e