The morning news. [volume] (Savannah, Ga.) 1887-1900, 1899-05-20
PAGES 8 TO 10.

cent. indorsed. 90 bid, 10l asked; Bruns-
wick and Western As, 50 bid, SO asked:
South Bound Railway IS. 992 bid, 1O0N
asked; Georgia ana Alabama first pre-
ferred 5s, LOG bid lN asked; Georgia and
Alabama consolidated 5s, l01 bid, 1902 ask
ed; Eatonton Branch, 90 bid, 1904 asked;
Central Of Georgia, Middle Georgia and
Atlantic division 5s, 80 bid, 100 asked.
Railroad Stocks-Augusta and Savan-
nah, llS bid, 1885, asked; Southwestern.
1l3ls bid. ia asked ATLANTA and West Point
stock. 124 bid, 126 asked, Atlanta and
West Point 6 per cent. certificates. 1O3h
bid, l0l asked; Georgia. common. 2OG bid,
2W asked; Georgia and Alabama stock.
"a bid, 35 asked: Savannah Hotel Co. stock
50 bid, 60 asked
Gas Stocks and Bonds.-Savannah Gas
Light Stock, 20 bid, q asked. Edison Elec-
trio Illuminating Company per cent.
bonds 1854 bid, 1861 asked.
Bank Stocks Etc-Citizens Bank, 100
bid, 12l asked; Chatham Bank 107 bid,
10S asked; Germania Bank, lis bid, 100
asked; National Bank of Savannah, 129
bid, 49, asked; Merchants National Bank of
Savannah 9i4 bid, IS asked; Oglethorpe
Savings and Trust Company 107 bid, lOs
asked; Southern Bank of the State of
Georgia, 1871 bid. 1872 asked; Savannah
Bank and Trust Company, III bid, l12 ask
ed; Chatham Real Estate and Improves
ment Company, A, 56l2 bid, 81 asked b.
55A bid, Sc asked; Peoples Savings and
Loan Company. "a bid 90 asked.
Factory Bonds-Augusta Factory, 101
bid. 1902 asked Sibley Manufacturing Com
pany Is, 1902 bid, 1903 asked; Eagle and Phe-
nix Mills, per cent. bonds. due 1928. 1903
bid. 105 asked; Bib Manufacturing Com
| pany, 1903 bid, 1851 asked
Factory Stocks-Augusta Factory, So
bid, 80 asked Graniteville Factory, $50
bid, 1856 asked; Langley Factory, o. bid,
glsa a. Tat,
30 bid 80 asked; J. r. King Manufacturing
Company, 81 bid, l0l asked; Sibey Manu-
| featuring Company. 6S bid 73 asked; Sa-
vannah Brewing Company 10i bid, 100
asked.
New York, May 19-Money on call was
steady at 24Q3ls per cent; the last loan
was at per cent; prime mercantile pa
per, Sh@ih per cent. Sterling exchange
firm, with actual business in bankers bills,
at AS1ssQ4S7A FOR demand and at S4.s5Is
! 44SoA for sixty days. posted rates, $4S6ts
| @4SS3a commercial bills, &.S4G4S5. Sill
yer certificates, 6lG61Ac; bar silver, 6OThc:
Mexican dollars, 4Slae. Government bonds
tirmer; state bonds firm; railroad bonds
! irregular.
New York, May 19.-The bank clearines
at the principal cities of the United States
! lot the week ending May 10 we're 81 909,-
| 4V5,Oo6, an increase of 1873 per cent Out
sac OF New York city the total was $685.
0S5ll6. an Increase of 20.4 per cent.
New York, May 1.-THE stock market
! was abandoned almost wholly to profess
/ sioual traders on the floor OF the exchange
No outside demand of any Importance was
apparent at any point ia the list, and
| prices were marked UP sharply at the
| opening on demand from the shorts.
who sold the speeialties yesterday. Sugar.
! Brooklyn Transit and the Flower group
generally showed the largest gains The
! demand being obviously from the short
| interests. Anaconda mining showed
| strength. both in London and here, which
| was wen maintained throughout the day,
| and the tone of Manhattan was also firm
| without any published news to account
for It.
The opening demand from the shorts
was soon satisfied, and prices slipped
| away but without any pressure TO sell.
| The dizziness at the decline seemed to
| impress the professionals with the idea
| that the reaction was over. and they turn
1 ed buyers again, marking prices up, es-
| pecially In Sugar and Brooklyn Transit
| But 1t became quickly evident that the
| large bull interests, which were active
early In the week, were not yet prepared
to resume operations, and the advance did
not hold.
The absence OF any demand for stocks
/ caused the traders to turn bears again.
| and the market sagged and drfted quite
aimlessly for the balance of the day The
| short sales by the traders were covered
before the close bringing prices IN a
| great many cases back TO about last
| nights level There was rather a sharp
| decline In Tobacco in the last hour, with
which the professionals associated rumors
| regarding the health of a member of the
| company.
The large demand for railroad stocks,
which was manifest In yesterdays trad
ing, was lacking to-day, and that de-
| partment Of the market was very dull
comparatively, but quite firm at some
| points.
| The Changers showed weakness, which
is attributed to the continued rumors OF
| crop damage. London bought a few
/ stocks In this market, but took no active
| part owing to the pending holidays there.
| In spite Of the small buying by London,
/ sterling exchange hardened an additional
| fraction, the demand rate showing an adj
| vance of NC on the pound since last week.
Money continued easy, and estimates of
| to-morrow's bank statement are Of large
| increase in cash reserves, as the market
| has gained heavily from the sub-treasury
on account of the final payment to ths
| order OF the Spanish government on Mon
| day of 100000, and also by receipts from
the interior. Reports from the interior
| are of large cash reserves on hand and
/ a steady demand for safe investment
/ The railroad bond market continued to
| show q large Investment demand, espe-
| cially for recent organization issues. Very
| heavy individual blocks of the new Ball
| timore and Ohio bonds and of the Wiscon-'
sin Central frsts were taken off the mar
| ket. There were some declines in prices
| late in the day, but the firmness at other
| points made the market irregular. Total
| sales, 4,370,OO0 u. s. new As advanced
/ "A in the bid price
The total sales Of stocks were 456, 400
shares, including 3cS40 Atchison preferred,
| 6,10O Central Pacific, 14,150 Burlington, 23,-
075 Manhattan, 1893 Metropolitan, 1925
North American Company 1910 Northern
| Pacific, GEO Rock Island, 652O Union Pa
| cihc 1851 st. Paul, 1850 Southern Pa
cinc 5000 American Steel and Wire, 7.l00
American Tobacco. 1880 Peoples Gas, H.
100 Brooklyn Transit. $3.50 Continental To-
bacco, 1895 Sugar
New York Closing Stocks.
Atchison ........ 1884 do do % do -. 35JSl
| H.