The morning news., 1894-10-23
Stock on hand and on Ship
FINANCIAL.

FINANCIAL.
Savannah, Oct. 22-Money is steady.
Domestic Exchange-The tone of the
market is steady. Banks are buying at
3-l6 per cent. discount and selling at par
on amounts up to $500, and at 1-16 per
cent. discount on amounts over $500.
Foreign EXchange-The market is firm
The following are net Savannah
quotations. Sterling, commercial demand
$4S6; sixty days, .$4S5A; ninety days,
days, $5.19R; Swiss, sixty days, s.. 2Oss;
marks, sixty days, IS lis.
steady; some demand for Southwestern
and indorsed bonds of the Central sys-
tenn.
State Bonds-Georgia AZ per cent. 1915,
ia bid, lis asked; Georgia per cent
1896, 104A bid, 1852 asked; Georgia 315 per
cent long dates, 981s bid 9912 asked.
City Bonds-New Savannah 5 per cent.
quarterly January coupons, log bid, -
asked; new Savannah per cent. Novem-
ber coupons, 1861 bid, 107 asked.
Railroad Bonds-Central Railroad and
Banking Company collateral, gold 5s, SS
gage, per cent. coupons, January and
July maturity, 1898, l18 bid, asked; Sa-
vannah and Western railroad 5 per cent.
trust certificates, so bid, 81 asked; Savan-
nah, Americus and Montgomery per
cent, As bid, so asked Georgia railroad
per cent 1910 1857 bid, 110 asked; Georgia
per cent, Sc BID, asked; Montgomery
and Eufaula first mortgage 8 per cent,
lnQOTSed Dy central TdllIOaQ, Ul12 DIG. .IU212
asked; Augusta and Knoxville first mort
gage per cent, 80 bid, 101 asked; Ocean
Steamship per cent, due in 1920, 97l5 bid.
9s1b asked; Columbus and Rome first mort
gage bonds, indorsed by Central rail-
road. 40 bid, As asked Columbus and
Western per cent, guaranteed, 1912 bid,
1929 asked; City and Suburban railway
first mortgage per cent, so bid, S5 asked
Savannah and Atlantic 5 per cent, in
dorsed 25 bid, 81 asked; Electric railway
first mortgage IS, - bid, so asked, South
nd Florida first ora
cent. 1O8 bid, = asked; South Georgia and
Florida second mortgage, 1o7 bid: asked
Alabama Midlands, SO bid, 81 asked.
Railroad Stocks-Central common, &c
bid. is asked; Augusta and Savannah 7
per cent, guaranteed, SO bid; s. asked;
Georgia common, $50 bid, asked; South
western per cent, guaranteed includ-
ing rder for div. Y bid, 73 asked; Cen
trail per cent. certificates, with order for
lanta and West Point railroad stock, 81
bid. IS asked; Atlanta and West Point 8
per cent. certificates, 9212 bid, 9312 asked.
Bank Stocks, Etc.-Southern Bank of
the state of Georgia, 1853 bid 165 asked;
Merchants National Bank, 92 bid, SO
asked; Savannah Bank and Trust Com
Savannah, 129 bid, 1902 asked; Oglethorpe
Savings and Trust Company, 9S bid, 100
asked; Citizens Bank, 1902 bid, 1O119 asked;
Chatham Real Estate and Improvement
Company, 50A bid, 51A asked; Germania
Bank l0115 bid, 1922 asked; Chatham
Bank, 4S14 bid, 40 asked; Savannah Con
Title Guarantee and Loan Company, rs
N New York, Oct. 22-Money on call was
easy at / per cent; the last loan being at
i per cent; at the close was offered at
Prime mercantile paper S24@415 per cent.
sterling exchange was firm, with actual
bushes in bankers bills at S4S61ad4S
for 60 days, and s4S7Ad4.S734 for demand.
Posted rates $4S7l2Q4.S81s; commercial
Government bonds were firm. State
bonds were dull. Railroad bonds were
Silver at the board was dull.
New York, Oct. 22.-The treasury bal
anccs were as follows: Coin, SIS, ,OO0
New New " York k Oct 22.-The following were
the opening quotations at the Stock Ex-
change to-day; ,o-,
Chicago and Northwestern........ .1OlK
Norfolk and Western preferred. ....... %
Richmond and West Point Terminal. 17A
Western Union. OBSERVATION-DISCLOSURES. 61es
Southern Railway, common. ........... 12A
Southern Railway preferred. .-......... 4215
New York, Oct sT. M-DeatngiSi 'e9snei at u1bt the
neither the bulls nor the bears, except in
isolated instances, were disposed to do
much in the market The sales were only
American Sugar, ST. Paul, Manhattan
Chicago Gas and Burlington and Quincy
alone nR11re0
ket was very irregular in its course and
trading devoid Of interesting features
American Sugar led the list in point of
actiVitv 50 400 shares changing hands at
S53sa86ss closing at S61s. The stock was
strengthened by reports that one of the
largest ioltside refners would resume
business at once. which was considered
as Indicating a turn for the better in the
business Pacific Mail was another
strong spot, and rose from 1874 to 20A on
renorts OF a further reduction of it's
foating debt and of a closer alliance
with the Panama company. United states
Express sold down to Al, against 5ll2, the
iast reported sale at the board, on the
announcement that the company had sus-
nended dividend payments on account of
tbe moor business. General Electric was
raided down about a point TO 81 at the
start, but when the pressure was re-
moved a rally to 345sG343s ensued. Man
haitian was pressed for sale throughout
and fell from lW TO l0i9s closing at
1Olat bid The liouidatons in the stock
are still based on rumors that the. forth
coming quarterly statement VIII be very
tnfavOrable, owing to the surface road
competition The grangers were steady
at one time, London having bought line
of f. 900 shares OF st. PAU, but IN the clos
ing hour these issues were weaker. The
loss Of $500 600 on the September gross
earnings Of the Northwestern had no innu-
ence' Neither had the announcement that
the Wabash company had perfected ar
ranRements for the sale Of $S.00O,000 new
ts the proceeds 20 be used In retiring
tbe per cent. bonds. The sterling eN-
change market was stronger revlVing
taiL IN gold exports later In the week.
sfocks closed irregular and In the main
,s5caker Net changes show losses Of
4 10 b per cent, outside Of Manhattan,
which grooRsd 5Iso6 t2 l9' RsfIaeoiitsI 6ssl6 Msl
Trantion' which last sold AZ 1862. brought
fOg and was then offered az l05iA. Evans
Vile and Terre Haute solo pp 4 10 g. The