The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-10-14
FINANCIAL.

Savannah Oct 13.-Money is steady
and in good demand.
Domestic EXchange-The tone of the
market is steady. Banks are buying at
S-l6 per cent. discount and selling al par
on amounts up to $500, and at 1-16 per
cent. discount on amounts over $500.
Foreign Exchange-The market is
steady. The following are net Savannah
quotations; Sterling, commercial demand,
francs, Paris and Havre, sixty days,
$5.2OA; Swiss, sixty days, S5.22; marks,
sixty days, 947s.
Southwestern stock is strong, with light
offerings. Balance of the market quiet.
State Bonds-Georgia Az per cent 1918,
III bid. 115 asked; Georgia per cent.
cent long dates, 9Sis bid, 991s asked
City Bonds-New Savannah per cent
quarterly January coupons lO5h bid, -
Der coupons, 1852 bid, - asked.
Railroad Bonds-Central Railroad and
Banking Company collateral, gold 5s, So
bid, 80 asked Central consolidated mort
July maturity, 1895 lis bid asked; Sa-
Vannah and Western railroad per cent.
trust certificates, 80 bid, 81 asked; Savan-
cent, so bid, SO asked; Georgia railroad 6
per cent. 1910, 1854 bid, 10 asked; Georgia
Southern and Florida first mortgage 6
per cent, 81 bid, SO asked; Montgomery
and Eutaula first mortgage per cent,
Endorsed by Central railroad 100 bid, 1902
asked; Augusta and Knoxville first mort
Steamship per cent, due in 1920 96 bid
81 asked; Columbus and Rome first mort
gage bonds, indorsed by Central rail-
road, 40 bid, As asked; Columbus and
Western 6 per cent, guaranteed, 100 bid
1902 asked City and Suburban railway
first mortgage. per cent, 50 bid, IS asked
Savannah and Atlantic 5 per cent, in
dorsed, 25 bid, 81 asked Electric railway
first mortgage 6s, - bid, 60 asked; South
Georgia and Florida first mortgage per
cent, los bid, - asked; South Georgia and
Florida second mortgage, 107 bid, - asked !;
Alabama Midlands, SO bid 80 asked.
Railroad Stocks-Central common, 16
bid, IS asked; Augusta and Savannah Z
per cent, guaranteed, SO bid, So asked /;
Georgia common, $50 bid, 49, asked; South
western per cent, guaranteed, tnclud-
ing order for div, 7115 bid 70 asked Cen
trail per cent. certificates, with order for
defaulted interest, % bid, "a asked; At
lanta and West Point railroad stock, 50
bid, IS asked; Atlanta and West Point G
per cent. certificates, 80 bid, 90 asked.
Bank Stocks, Etc.-Southern Bank Of
the State of Georgia, 164 bid, - asked !;
Merchants National Bank, 90 bid, 90
asked; Savannah Bank and Trust Com
pany, l02 bid, 100 asked; National Bank of
Savannah, 129 bid, 1901 asked; Oglethorpe
asked; Citizens Bank, 1902 bid, l01 asked !;
Chatham Real Estate and improvement
Company. 5OA bid, 5lh asked; Germania
Bank, 4S bid, 49 asked; Savannah Con
struction Company, "a bid, rs asked ;
Title Guarantee and Loan Company, Is
London, Oct 1a.-Bar silver to-day was
quoted al % Lied.
New York, Oct. 18.-The treasury Lal-
ances to-day were as follows: Coin, e
94l 600; currency S5S, $50, 900.
New York, Oct. 13-The weekly state
ment of the associated banks shows the
following changes:
Reserve increased. ..................$1,3 1856 375
Loans decreased. ............,....... 100 900
specie increased. Observation-Disclosures. SIS, 800
Legal tenders increased. | .050 OOO
Deposits increased. ................. 1 317 700
Circulation inCrea SC................ an 7O0
The banks now hold $50 SA7, 1926 in excess
of the requirements of the Is per cent
rule.
New York, Oct. 1S.-The following were
the opening quotations at the Stock Ex-
change to-day:
ERIE ...............,...... 14lk
Chicago and Northwestern. 1927
Lake Shore ........... ......,........ 1857
Norfolk and Western preferred ann. 2SiS
Richmond and West Point Terminal. ID
western Union. ACKNOWLEDGEMENTS. S7lb
Southern Railway ommon,............ 1877
Southern Railway preferred ......... 4is2
New York Oct, l3.-Money on call Is
easy, at per cent
Prime mercantile paper 4d4ih Der cent
Sterling exchange is steady, with ae
tual business In bankers bills at 81 s6iASt
4S6A for sixty days and siS7ia for demand.
posted rates NS7izn4Esis.
Commercial bills &.s5i4dLS6A
Bar silver 63hc
Government bonds were firm. State
bonds were DUH Railroad bonds were
higher.
Silver al the board was G37sc bid.