The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-09-23
Financial.

Financial.
Savannah, Sept. 22.-Money is in good de-
mand.
Domestic EKchange-The tone of the mar
ket is steady Banks are buying at 3l6 per
cent. discount and selling at par on amounts
up to $500 and al l-l6c per cent. discount on
amounts over 500.
Foreign Exchange-The market is firm
The following are net Savannah quotations.
Sterling, commercial demand a 4A;
sixty DAYS, 81 S4 ninety days, 81 S3ld
francs, Paris and Havre, sixty days, IS 2114;
Swiss sixty days, Is 221si marks, sixty
Securities The market is better, with
fair inquiry at quotations
State Bonds-GeOrgia AZ per cent. 1915,
ll2H bid, ~ asked; Georgia per cent 1895.
lOiA bid, asked; Georgia ga per ent C,
long dates 9S4 bid, 90 asked.
City Bonds-New Savannah 5 per cent.
quarterly October coupons 1854 bid, -
asked new Savannah per cent. November
coupons, 1851 bid, - asked.
Railroad Bonds-Central Railroad and
Banking Company collateral, gold IS, So bid,
Asked Central consolidated mortgage
per cent. coupons January and J uly maturity,
1898, III bid,-asked; Savannah and West
ern railroad per cent. trust certificates 50
bid, asked; savannah Amerlcus and
Montgomery per cent A. bid, asked;
Georgia railroad per cent 1910. l07 bid, -
asked Georgia Southern and Florida first
mortgage per cent, SO bid, asked;
Montgomery and Eufaala first mortgage
per cent. indorsed by Central railroad 100 bid,
- asked; Augusta and Knoxville first mort
gage per cent, 80 bid, asked; Ocean
steamship per cent, due in 1920 80 bid, SO
asked; Columbus and Rome first mortgage
bonds, Endorsed by Central railroad, 49, bid, Al
asked Columbus and Western per cent
guaranteed, 80 bid, asked; City and Sub,
urban railway first mortgage z per cent, -
bid, 50 asked: Savannah and Atlantic 5 per
cent. Endorsed, - bld 81 asked; Electric rail
way first mortgage 6s, - bid, - asked; South
Georgia and Florida first mortgage per
cent, los bid asked; south Georgia and
asked Alabama Midlands, So bid. 90 asked.
Railroad Stocks-Central common, 14H bid,
- asked Augusta and Savannah per cent.
| guaranteed, SO bid, s4h asked; Georgia com
mon, $50 bid, asked; Southwestern
Z per cent. guaranteed, including or
der for div, 7lB bid, 724 asked; Central
per cent certificates, with order for de-
iaulted interest, % bid Is asked; Atlanta
and West Point railroad stock, so bid, -
asked; Atlanta and West Point 6per cent.
certificates 80 bid, 90 asked.
Bank stocks, Etc.-SOuthern Bank OF the
State OF Georgia, l64 bid - asked; Mer
chants National Bank, 92 bid, asked:
savannah Bank and Trust Company, lG bid,
lob asked; National Bank of Savannah 1904
bid, 1872 asked Oglethorpe Savings and Trust
Company, 9S bid, 100 asked; Citizens Bank
100 old, 1907 asked; Chatham Real Estate
Germanla Bank, lOls a bid, lO2 asked;
| Chatham Bank As bid, asa asked: Savan-
nah Construction Company, 70 bid, 70 asked;
title Guarantee and Loan Company, 10 bid,
- asked
New York. Sept %, D. m.-Money on call
easy at l per cent. The last loan at per
cent. and at the closing was offered at per
cent.
Prlmemercanti paper, 40i14 per cent
STEERING exchange rs steady; bankers
bills at g. S5Aa4 s51s for sixty days and
500 s65, for demand; posted rates
Commercial bills 81 slA@4 sia for sixty
days
Government bonds steady. State bonds dull
I
Silver at the Stock Exchange to-day was
quiet.
New York, Sept 22.--The following were
theopening quotations o. the Stock Exchange
TODAY:
Erie .............. 1b1{
Chicago and Northwestern. ......... 1895
Lake Shore ACKNOWLEDGEMENTS. 1856 "a
Norfolk and Western preferred ........, 20
Richmond and West Point Terminal. 10
western unlon...... ..................... se8
southern Railway common. ............ l3A
DO do preferred ....... 434
New York Sept 22-The transactions AT
the stock exchange were less than 1000
shares aud IN this total the Changers, Chicago
Gas and Reading figured for 45 900 shares
Operators took a more cheerful view Of the
Rock Island dividend matter, and there was
general disposition among the professionals
TO cover short contracts For this reason the
market ruled strong except for a brief spell
shortly 0fter the opening when Rock Island
receded about q point The improvement in
| prices ranged from 4 20 iN per cent, the
Grangers, Chicago Gas. Reading. Louisville
and Nashville and General Electric scoring
OF General Electric, and 10 is inllmated that
/ there would be fuuortnut changes In the