The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-12-09
FINANCIAL.

Savannah, Dec. S-Money is steady.
Domestic Exchange-The tone Of the
market is steady. Banks are buying at
liz per cent. discount and selling at lie to
Foreign Exchange-The market is
very firm. The following are net Savannah
quotations. Commercial demand, 4s7;
sixty days, A.S6; ninety days SASSY;
francs, Paris and Harve, sixty days
PISS; Swiss, sixty days. $5.192s; marks,
securities~The market is quiet. with
some speculative demand for Southwest
ern; sales at M
State Bonds-Georgia, Az per cent. 1e15
1l4lz bid, ll5 asked; Georgia z per cent. 1896
104% bid, 1051a asked: Georgia 3I5 per cent
long dates, 1914 bid, 99A asked.
City Bonds-New Savannah per cent
quarterly January coupons, 1864 bid, 1861
asked; new Savannah per cent Febru-
airy coupons, 1854 bid, 1854 asked
Railroad Bonds-Central Railroad and
Banking Company collateral, gold IS, So
bid, 50 asked; Central consolidated mort
gage Z per cent; coupons, January and
vannah and Western railroad per cent.
trust certificates. bid, So asked. Sa-
vannah, Americas and Montgomery 6 per
cent. AS bid, so asked; Georgia railroad 6
per cent 1910, 1851 bid, 10 asked; Georgia
Southern and Florida, first MORTGAGE G
per cent, Sc bid, IS asked; Montgomery
and Eufaula first mortgage per cent.
Endorsed by Central railroad los bid 10S
asked; Augusta and Knoxville first mort
gage per cent, 1854 bid, 1914 asked;
Ocean Steamship per cent due 1921
97lh bid, 9S1a asked Columbus and Roma
first mortgage bonds, Endorsed by Central
railroad. = bid 4S asked: Columbus and
Western, per cent, guaranteed, no bid
asked; City and Suburban railway first
mortgage per cent. = bid, IS asked !;
dorsed. = bid 81 asked; Electric raiiwianv
first mortgage 6s, = bid, so asked: South
Georgia and Florida first mortgage I per
and Florida second mortgage, 105 bid. -
asked; Alabama Midland, 81 bid. 90
asked; Brunswick and Western is, guar
Railroad Stocks-CentraI common. IL hid
171s asked; Augusta and Savannah per
cent. guaranteed bid, So ex-
l52 dbl, asked; Southwestern
per cent. guaranteed, incIud-
ing order for div, II bid, 70 asked; Cen
trail per cent. certificates, with order for
lanta and West Point railroad stock q
bid, 81 asked; Atlanta and West Point 6
per cent. certificates, SO bid, 81 asked
Bank Stocks, Etc.-Southern Bank of
the State Of Georgia, l6S bid, 165 asked !;
Merchants National Bank, 80 bid 81
asked; savannah Bank and Trust Com
pany. 103 bid, - asked; National Bank of
Savannah, 100 bid, l3l asked; Oglethorpe
Savings adm Trust Company, SO bid 80
Chatham Real Estate and Improvement
Company, 81 bid, 521s asked; Germania
Bank, 10l bid, 1924 asked; Chatham Bank
4Sl2 bid 1872 asked savannah Construction
Company, 1872 bid, IS asked; Title Guaran-
tee and Loan Company, 7s bid so asked.
London, Dec. S.-Bar silver was quoted
at % 3-l6d
New York, Dec S.-Money on call was
nominal at 1G1i2 per cent
Prime mercantile paper 3G4 per cent.
Sterling exchange strong in the actual
business in bankers bills at Ts7l. for
sixty days and S4.SSI464 SSia for demand
Posted rates S4.SSG4S9la.
Commercial bills $4S6340AS7.
Bar silver 613sc.
Government bonds steady state bonds
dull; railroad bonds strong
Silver at the Board was GIG bid.
New York, Dec. S.-The New York
weekly statement of the associated banks
show the following changes:
Reserve decrease, SIS, 31S $50; loans, in
crease, $273, 400; specie, decrease, 81, 357, =
600; legal tenders, decrease, s., 406, 800; de-
posits, decrease, SIS, 7S5. 400; circulation, in
crease, 81, 100
The banks now hold $50. sO2. $50 in excess
of the requirements of the 25 per cent
rule.
New York, Dec. S.-Treasury balances:
Coin, Sl0i, 1S5 900; currency $40, 927, 900.
Atlanta, Ca, Dec. S.--The bank clearngs
for the week were S,743, 4S3.
New York. Dec .8-The following were
the opening quotations of the Stock Ex-
change:
Erie ACKNOWLEDGEMENTS. 1919
Chicago and Northwestern ........... 9S9s
Lake shore .....-......--.-...-... 1876 Is
Norfolk and Western preferred ....... 2Ois
richmond Terminal ..-........-4........ l6
Nesterh Union ...........'.'.---.... SSls
Souther Railway common ............... 11at
Southern Railway preferred .....-.... 37I2
New York, Dec. S.-Realizations were
the order Of the day at the stock ex-
change. The opening was strong for
American Sugar and rather irregular for
the General list. Sugar scored the best
figure Of the week, having advanced to
The squirt this morning was partly due to
an absurd rumor Of big buying for a new