The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-12-23

market is steady. Banks are buying at
l-ls per cent discount and selling at l-l6
70 5 per cent premium.
Foreign Exchange-The market is
DUH The following are net Savannah
quotations; Commercial demand. S4s7ia;
sixty days. SAe5izs ninety days. S4S7ia;
francs. Paris and Havre, sixty days,
S3ll1z; Swiss, sixty days, $5.lSss; marks,
Securities-The market is very dull:
a hardening tone in Southwestern.
State BOnds-GeOrgie Az per cent 1915.
ll4l2 bid ll5 asked; Georgia per cent. 1856,
1913 bid 1881 asked. Georgia 3ik per cent
long dates, 100 bid, lO0i3 asked.
City Bonds-New Savannah 5 per cent.
guar terry January coupons. 1854 bid. 1867
asked; new Savannah per cent. Febru-
airy coupons, lu012 bid. 100 asked
Railroad Bonds-Central Railroad and
Banking Company collateral, gold SIS IS
bid, IS asked; Central consolidated mort
gage per cent. coupons, January and
July maturity lS9S, llsia bid. - asked: Sa-
Fannah and Western railroad 8 per cent.
trust certificates, 90 BID. Sc asked: Sa-
Nannahi Americus and Montgomery per
cent, 50 bid. 81 asked; Georgia railroad s
per cent, 1910, ITO bid. Ill asked; Georgia
Southern and FLORIDA, first mortgage 8
per cent, $50 bid, S7iz asked; Montgomery
and Eufaula first mortgage 8 per cent,
indOrsed by Central railroad, log bid. 104
asked; Augusta and Knoxville first mort
gage per cent, lO3 bid. l04 asked; Ocean
Steamship per cent, due 1920, 97la bid
SSl2 asked; Columbus and Rome first
mortgage bonds, Endorsed by Central rail-
Western, per cent, guaranteed los bid
10 asked; City and Suburban railway first
mortgage Z per cent, bid, So asked /;
Savannah and Atlantic per cent, in
dorsed. bid. 81 asked; Electric railway
first mortgage IS. bid, so asked: South
Georgia and Florida first mortgage per
cent l06 bid. - asked. South Georgia and
Florida second mortgage, Jos bid, - asked /;
Alabama Midland IS bid, 81 asked; Bruins
wick and Western IS, guaranteed, 70
asked.
Railroad Stocks-Central common. Is
bid, II asked; Augusta and Savannah Z
per cent. guaranteed. so bid, SO eX-diVi-
dend asked; Georgia common. l52 bid, -
asked; southwestern per cent. guaran-
teed, including order for div, 20 bid, Il
asked Central per cent. certificates,
with order for defaulted interest q bid
% asked; Atlanta ard West Point rail-
road stock, SO bid, 81 asked; Atlanta and
West Point per cent. certificates, % bid,
"a asked
Bank Stocks. Etc.-southern Bank of
the State Of Georgia, 1853 bid, 165 asked :
Merchants National Bank, 30 bid, 90
asked Savannah Bank and Trust Com
pany, ex-dlN-, lO2 bid - asked; National
Bank Of Savannah, 1870 bid. 131 asked !;
OglethOrpe Savings and Trust Company,
50 bid, 80 asked; Citizens Bank ex-divi-
dend, 9sla bid, 100 asked; Chatham Real
Estate and Improvement Company, SO
bid, 52l2 asked; Germana Bank. 102 bid
l03 asked; Chatham Bank, ex-div., As bid,
40 asked; Savannah Construction Com
pany, 1872 bid, IS asked; Title Guarantee
and Loan Company, IS bid, 80 asked.
London Dec. 22.-Bar silver was quoted
New York, Dec. 22.-Money on call was
l12u2 per cent
Prime mercantile paper. 3d4 per cent
Sterling exchange dull, with actual bust
ness in bankers bills. at S4S71kd4S7s
for sixty days and 81 Ss1kd4 Ssa4 for de-
mand. Posted rates, &SS04.S9ls
Commercial bills, S4S6dAS7h.
Government bonds steady; state bonds
higher; railroad bonds lower.
Silver at the board was COO bid.
Leading futures ranged as follows:
New York, Dec. 22.-The weekly state
ment of the associated banks shows the
following changes:
reserve, increase ...............S 554. $50
Loans, decrease ................... $685., 100
Specie, increase INSTRUMENTATION. 655i 100
Legal tender, decrease ........... $3.50 800
deposits, decrease ........-...... 1929, 200
The banks now hold s83. 500. SIS in excess SS,1gS
rule.
New York, Dec. 22-The treasury bal
ances were as follows: Coin, $S2,951 900;
currency, S76, 100000
New York, Dec. 22.-The following were
the opening quotations at the Stock Ex-
change:
Erie Observation-Disclosures. 81
Chicago and Northwestern ............ 975s
Norfolk and Western preferred ,..... Is
Richmond Terminal Observation-Disclosures. Is
Western Union Observation-Disclosures 6Ts
Southern Railway common ........... 1024
Southern RaHway preferred ........... 367s
New York, Dec. 22.-Trading at the
Stock Exchange to-day was exceedingly
light and the changes confined within mar
row limits. There was very little in the
way of news to affect prices. Posted rates
for long sterling We're reduced - to ass
The Northwestern road reported loss in
gross earnings for November of S239, 600
and the bank statement reflected a big
Increase in specie, but it had no influence
on speculation which was tame through
out. There were liquidations in General
Electric and Northern Pacific preferred
Electric was unusually active and on
sales for Boston account dropped from
34A to S3l2 Distillers was firmer, rising to
10. Western houses were buyers of the
stock Sugar, if anything, was weaker
but the decline was unimportant, the
stock having fallen from 900, to $685. The
variations in the Changers, Coalers, Vest
ern Union and trunk lines were merely
fractional The market closed about
steady in tone. The transactions were
only $1,000 shares, of which 1900 We're
Sugar and 10000 General Electric Net
changes show losses of = to Il per cent.
outside of General Electric which lost
Us, per cent. Distillers, New York Central
and Bay State Gas gained 1sGik The
bond market was lower.
lows:
American Cotton Oil, 24ll; do preferred.
69aa7O; Sugar Refinery, $685.; do preferred
81: American Tobacco, %: do preferred
1861; Atchison. Topeka and Santa Fe Az;
baltimore and Ohio 6334 Canada Pacific
5S19; Chesapeake and Ohio, 17A; Chicago
and Alton, 146; Chicago, Burlington and
Quincy M Chicago Gas, 715s; Delaware.
Lackawanna and Western, 1602s: DistilIers
and Cattle Feeders. 91a Erie, 924 do prefer
red, 2 asked; Edison General Electric.
33Ss; Illinois Central, 81; Lake Erie and
Western, 1873 do preferred, 70; Lake Shore,
1864 Louisville and Nashville $685.: Louis
vile and N. A., 6lA: Manhattan 104B.
Memphis and Charleston, 10: Michigan Cen
trail, 81; Missouri Pacific. 2634; Mobile and
Ohio, 1874 Nashville CHATTANOOGA and ST
Louis, 65; United States Cordage M; do
do preferred, 125s; New Jersey Central
1914 New York Central, 1911 New York and
New England, 90; Norfolk and Western
preferred, IS; Northern Pacific, 4; do pre.
ferred 1888 Northwestern, 975s do prefer
red, Ill; Pacific Mail, 2f7s Reading. IL.
Richmond Terminal. 10; Rock Island, 61s4
st. Paul, 5TA do preferred, 119: Silver Ger.
titcates, 60; Tennessee Coal and Iron. 153.
do do preferred, 20 asked; Texas Pacific
ga Union Pacific, -; Wabash, S L. and
p, 6; do do preferred, 1885; Western Union
S67s; Wheeling and l.. E, 103s; do do prefer
red, S9I2; Southern Railway IS, 96s5. do
common, l0% do preferred, 1874.
State Bonds-Alabama A, 1912; do r
107; do c., SO bid; Louisiana stamped As
100; North Carolina Is, 101; North Caro-
lima IS, 12424; Tennessee, Odds, so bid; Ten
nessee, new set SIS, S3Ia; Virginia 6s nra
ferred, 81; Virginia Trust Receipts, f2L
Virginia Funding Debt, GO; South Carolina
4ias, 102.
Government Bonds-United States As