The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-12-04
FINANCIAL.

FINANCIAL.
Savannah, Dec. S.-Money is steady.
Domestic EXchange-rhe tone of the
market is steady Banks are buying at
lie per cent discount and selling at lie to
Is per cent. premium
Foreign Exchange-The market is
firm. The following are net savannah
quotations: Commercial demand S4S7i4;
sixty days, S4.S6A ninety days, S4.S57s;
francs, Paris and Harye, sixty days,
S5.lSls;, Swiss. sixty days, $5.199s; marks,
sixty days, 95ls.
ecurities-Marllet is dull. with a con
tinued bearish pressure to lower South
western.
State Bonds-Georgia, az per cent. 1915,
nae BID, 10 asked Georgia per cent 1896,
l0434 bid, 1852 asked; Georgia 31a per cent.
long dates, 1914 bid 9924 asked.
City Bonds-New Savannah per cent.
asked; new Savannah 5 per cent. Febru-
airy coupons. 1852 bid, LOG asked.
Railroad Bonds-Central Railroad and
Banking Company collateral, gold IS, IS
bid, IS asked; Central consolidated mort
gage per cent coupons, January and
July maturity, 1885, 1852 bid. asked; Sa-
vannah and Western railroad per cent.
trust certificates. bid, Sc asked; Sa-
vannah, Americas and Montgomery per
cent, As bid, so asked; Georgia railroad
per cent 1910. 1881 bid, 10 asked: Georgia
Southern and Florida, first mortgage 6
per cent, Sc bid, IS asked; Montgomery
and Eufaula first mortgage 8 per cent,
lnQOTSeu
asked; Augusta and Knoxville first mort
gage per cent, 1882 bid, 104l5 asked;
Ocean Steamship 5 per cent, due 1920,
97i5 bid. 9S1b asked Columbus and Rome
railroad, bid, 43 asked: Columbus and
Western, per cent, guaranteed, 10 bid
asked; City and Suburban railway first
Savannah and Atlantic 5 per cent, in
dorsed, - bid, 81 asked; Electric railway
first mOrtg gd s s bid Elt 50 asked South
cent, los bid, - asked; South Georgia
and Florida second mortgage, los bid, -
asked; Alabama Midland, 81 bid. 80
asked; Brunswick and Western As. guar
Railroad Stocks--CentraI common, Is bid.
l7iA. asked: Augusta and Savannah per
d dividend 80 asked; Georgia common 81
i52 dbl, asked; Southwestern
7 per cent guaranteed ara :, includ-
trail per cent. certificates, with order for
defaulted interest bid. 24l5 asked; At
ianta and West Point railroad stock. S.
per cent. certificates, 50 bid, "a asked.
Bank Stocks, Etc.-SouthCrn Bank of
the State of Georgia, l6S bid. l65 asked;
asked; Savannah Bank and Trust Com
pany, 102 bid 103 asked; National Bank of
Savannah. $50 bid, 1S1 asked; Oglethorpe
Savings adm Trust Company, SO bid, 30
asked; Citizens Bank, 101 bid, 102 asked;
Chatham Real Estate and Improvement
Company, 81 bid, 52la asked; Germania
Rank. l01 bid 1O2ia asked; Chatham Bank
49, bid, 1872 asked; Savannah Construction
Company, 1872 bid, IS asked; Title Guaran-
tee and Loan Company, Is bid, so asked.
London, Dec. 3.-Bar silver was quoted at
New York. Dec. 3.-Money on call was
easy at 1G115 per cent. The last loan was
at / per cent, and at the closing was Of
+ Prime mercantile paper S14a41k per cent.
Bar silver 659sc.
Sterling exchange is strong, with actual
business in bankers bills at "a S6s4 gl4.S1 for
sixty days and S4.S734@4SS for demand;
posted rates $4.6ll2n4. 81
Commercial bills $4.S5AG4.S6.
Government bonds were firm. State
bonds were dun. Railroad bonds were
Silver at the board was quoted at 621sc
New New York. Dec. S.-The treasury ball
ances were as follows; Coin, Sll3, 263,OOO;
currency, S66, 691 600.
New York, Dec. S.-Ihe IolIoTihg were we're
the opening quotations at the Stock Ex-
change: 10
Chicago and Northwestern. 9S
N 1ahS R and Western preferred -. 2l9s
Richmond and West Point Terminal. l29s
Western Union 9i4
Southern Railway common: ...--....... Il9s
Southern Railway preferred ............ 5o72
New York, Dec. 3;-American sugar lea
the list in point OF activity ,o fo 56n tne
in a grand total of 234,541 shares; 1t opened
Of So fell to S43s, jumqed to S6S4, dropped
to 500 and rallied to Sfh4S3Ss. Inc early
rise was due to the announcement that the
Ianagement of the company had thought
better of it's original intention OF com
nlete shutdown of the refnerles, ana nad
pprdared the resumption of work at the
williamsburg plants. This induced con-
siderable buying OF shorts 10 cover DuI
,-ben the Presidents message became pup
IL there was a rush to sell, and the stock
falI ~ the lowest point for long tune
nae+ Rumors about the dividend, whlcn
l. IN he decided either wednesday OF
1Tbnrsday. helped to keep the stock FEVER
~ Tnsj2ers are said to be at loggerheads
I.sara 5 the rate. In usually well IN
foTgroed quarters il is believed that Have
roaver's interest favors a reduction ana
+hat tbev will carry their point now that
IIat .Inyt Cleveland has come out in such
EIesiu9t ern1s against the company.
Sbiea9o Gas and Lead were heaVy on
n,,idstions the former selnng down 10
fSk and the latter to Sfs4. Gas was IN
4I.uSiaoDd rate. and Lead on belief that
voTass would reduce the proteetlon en-
S Si Nv the smelling interest me pre-
SSSSred dropped 1$s toS39s. The genera ma
vet was weakened IN the edL,IS ~ 1SSiI
Ne Ne "dyance in sterling exchange, Wnich
LiivJ;t,ed the talk about gold exports. a
n,,yoher of bankers now assert thal -, tne
nbances favor shipment OF me yelloM
METAL this week. The early ueclI .l,, a. az
meg letSSi bo11t IL per cent After awhlie inc
aged az go avyav from the Industriais and
l-Iad nm all along the line, the views y
4Bl'oossiJanf cleveland in his message 70
congress on currency REFORM ndNlls oesll
1o Iii received Covering OF snort cohlIdcLS
Wei ra,,4ed snecial attention. This move
aa,t was most pronounced IN the VI II Ta 40
1ers one firm having bought dDOus Ay 80
SSar,as If Northwestern. TINS concern Ils.9
80 1,icixinf up st. Paul and NortnWssS 80
pSSi Ple-e-4fs, nd allowing Tor maICueu