The morning news. [volume] (Savannah, Ga.) 1887-1900, 1899-03-04
PAGES 9 TO 10.

bid, 155 asked: Langley Factory, 81 bid
l0lie asked Enterprise Factory, common,
80 bid 80 asked; J. r. King Manufacture
ing Company, 81 bid. 101 asked; Sibley
Manufacturing Company. 6S bid. 70 asked:
Savannah Brewing Company. 104 bid. 105iA
asked.
New York. March S-Money on call was
firm al 2ifd4h per cent; the last loan 3lz.
Prime mercantile paper 3d315 per cent.
Sterling exchange weak with actual bus
mess In bankers bills at $4.S5i2d4s524; for
demand and at $4S3ls6i4e334 for sixty days;
posted rate S4SilkQiS5 aud S. sGisa4.S7;
commercial bills ASS; silver certificates
nommally 59l4d6OI5c; bar silver 599s; Mex
lean dollars 4Taaci government bonds very
strong; state bonds were inactive; rail-
road bonds were Irregular.
New York, March 3.-rne total bank
clearings in the United States for the week
were S2l5l 1886 992; per cent. increase. Ss.i.
Exclusive OF New York, $7S264l,s i4; per
cent increase, 3O.L
New York, March 3.-Stock dealings
were in moderate volume to-day, which in
duced sharp net gains, a generally steady
tone prevailing at the close. The realizing.
which appeared yesterday, continued bur
short time this morning and the mar
Ret Quoted down. with an appearance in
many stocks of a hardening tendency
Traders were inclined 10 cover 10 some
ed good buying, which encouraged endeav-
ors for the long account Burlington, At
Gibson preferred, Sugar and the Steel
stocks, with the cessation of long stocks
coming out became decidedly hrmer.
brooklyn Transit was strong because OF
the announcement that the stock issued
to acquire another company had been abb
sorbed by a syndicate ST. Louis South
western preferred was decidedly strong,
and there were a number of advances
among the specialties, including Console
dated Gas, Metropolitan Street Railway,
General Electric, American Tin Plate and
Tobacco. The upward manipulation of the
latter stock, which reached 1877, was on the
theory that Il would have monopoly
of the trade by It's acquisition OF the Union
Tobacco Company. The success OF the
Chicago and Alton deal was the subject
of favorable comment, because of the bef-
ehcial effect on the general railroad stu
alton, which It was assumed would result
from the deal. Out of town houses were
purchasers except those la the West. who
bought and sold. Arbitrage houses dis
posed of some 10000 shares, portion OF
which they repurchased. A delay In cable
service had restricting effect upon the
arbtrage business. While there was gen.
eral activity on the part of the commits
sion houses, the bulk of the days opera
tons appeared to be professional
Some room traders fancied that from
the nature of the dealings. interests which
had recently marketed large lines OF Bur-
lington and Atchison preferred, repurchas-
ed some of their former holdings. The
sudden call OF 100000 from subscribers
70 the new baking powder combination
carried the loaning rate of call money
sharply upward, a small amount being
loaned as high as AZ per cent. This cir
cumstance was reflected In the very weak
sterling market
Some irregularlty occurred In the days
bond market, which however, did not inn
pair the general undertone of hrmness.
Louisville. Evansville and st. Louis SIS
were again the feature, rising points.
and practically losing the advantage. To-
tai sales, s3,375,000.
United States 3s, new AS and old AS,
registered. advanced X In the bid price.
The total sales of stocks were 640300
shares, including 6,lO0 Atchison: 1911 do
preferred, s,5l1 Central Pacific. $40 Chess
apeake and Ohio, 5,575 Louisville and Nash-
vile, $500 Manhattan, 500 Metropolitan
Street Railway, 10000 Reading first pre-
ferred, $685. New York Central, 11,70
Northern Pacific, 500 do preferred. 1855
Ontario and Western, $500 Rock Island,
5,59S linton Pacific, ll315 do preferred,
% ITO 81. Paul, 1O,s0O Southern Pacific. 1866
and Pacific, 1920 American Tobacco, $3.50
Bay State Gas, 400 Federal Steel, 1926
do preferred, 23,6S5 Brooklyn Rapid Tran
sit 1868 Pacific Mail 24,520 Sugar, 7,2l5
United States Rubber.