The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-11-27
FINANCIAL.

Savannah, Nov. 26.-Money is steady.
domestic EXchange-The tone of the
market Is steady. Banks are buving at
I-lo per cent. discount and selling at l-l6 to
Is per cent. premium.
4 4LEeISn EXchange-The market is
weak. The following are net savannah
quotations; Commercial demand, SlSG;
10y Gays, AS5; ninety days, $LS4la;
francs, Paris and Harvc, sixty DAYS
S{j,lS52' SWISS, sixty days, $5.203s; marks,
Securities of Central system are weak.
with little or no support to market
State Bonds-Georgia, Az per cent. 1913
~, bid, us asked; Georgia per cent. 1895,
lOiA bid, 10512 asked; Georgia 3I2 per cent.
long dates, 98S4 bid. 99A asked.
City Bonds-New Savannah > per cent.
quarterly January coupons, 1851 bid. -
asked; new Savannah per cent Febru-
airy coupons, 1854 bid, 1864 asked.
Railroad Bonds-Central Railroad and
Banking Company collateral gold IS Sc
bid, 8? asked; Central consolidated mort
July maturity, 1898, 1872 bid - asked. Sa-
Vannah and Western railroad per cent.
trust certificates. bid, Sc asked; Sa-
Vannah, Americas and Montgomery 6 per
cent, IS bid, 50 asked; Georgia railroad 6
per cent 1910, 1882 bid, 10 asked: Georgia
Southern and Florida, first mortgage
per cent, Sc bid IS asked: MONTGOMERY
ana Eutaula hrSt mortgage 9 per cent,
Endorsed by Central railroad los bid. -
asked; Augusta and Knoxville first mort
gage per cent, I03 bid, 1O412 asked.
Ocean Steamship per cent, due 1920
97la bid. 9S1a asked Columbus and Ro 6JTV,
first mortgage bonds. Endorsed by Central
railroad, - bid As asked; Columbus and
western, per cent, guaranteed, 10 bid
asked; City and Suburban railway first
mortgage Z per cent. - bid, IS asked
Savannah and Atlantic per cent. in
dorsed, - bid 81 asked; Electric railway
first mortgage IS, - bid 81 asked: South
Georgia and Florida first mortgage per
cent lO6 bid, : asked; South Georgia
and Florida second mortgage, 105 bid, -
asked; Alabama Midland, 81 bid. 90
Railroad Stocks-CentraI common X hid
IS asked; Augusta and Savannah Z Der
cent, guaranteed, - bid, 81 asked: Geor-
gia common, 1872 bid, - asked; South
western Z per cent guaranteed, includ-
trail per cent. certificates, with order for
defaulted interest, % bid % asked; At
lanta and West Point railroad stock q
bid, 81 asked Atlanta and West Point G
per cent. certificates. SO bid, "a asked
Bank Stocks, EtC.-SOuthern Bank of
the State of Georgia. 1913 bid, 165 asked !
asked; Savannah Bank and Trust Com
pany, - bid, 1O212 asked; National Bank Of
Savannah, 100 bid, 13l asked; Oglethorpe
asked; Citizens Bank, 10l bid, 1O2 asked ;
Chatham Real Estate and Improvement
Bank, l01 bid, 1921 asked; Chatham Bank
1872 bid, 1917 asked; Savannah Construction
Company, 1872 bid rs asked Title Guaran-
tee and Loan COMPANY 2 bid, 70 asked.
easy at l per cent; last loan was at l
per cent; at the closing was offered at
1 per cent. Prime mercantile paper, 3Q4
per cent
Bar silver, 625sc.
Sterling exchange, unsettled, with
actual business in bankers bills at a. 1854
m4S6A, for sixty days, and S4.S624 d4S7A
for demand. Posted rates, $4.S6l@04S8
Commercial bills, %85l2. Government
bonds strong; state bonds dull; railroad
bonds irregular. Silver at the board was
63lsc bid,
New York, Nov. &c. The treasury bal
ances We're as follows Coin, S79,297, 900;
New York. Nov. 26.-The following were
the opening quotations at the Stock Elk
change to-day:
Chicago and Northwestern. ........ 97as
Lake Shore. 1889
Norfolk and Western, preferred.... 2l5s
Richmond and West Point Terminal. l715
Southern Railway, common ............ 1915
Southern Railway preferred ........... 3Sl2
New York, Nov. 26.-Business at the
Stock Exchange to-day was on a dis
appointingly small scale, the startling
developments in the Shoe and Leather
bank having offset in a large degree the
fact of the successful placing of the new
government loan. Another matter which
tended to restrict business was the mys-
terry surrounding the Chicago and North
meet tomorrow for action. A story was
current that the directors will follow the
Vanderbilt plan by setting regular rate
of dividend on the stock, say or D per
cent and, if the earnings warrant, declare
something extra at the end OF the calendar
year. The opening of the market was ir-
regular Chicago Gas and a few other
prominent specialties showing strength,
while the other standard stocks were
weak. Subsequently, the whole list weak
ened and when the st. Paul statement
was published, the Gr2nger- declined
sharply This statement was very I'M
favorable, showing decrease in the gross
Naf grF~Uaf Vaer
of $685., 377 for October. From July ! to
oct l. the net earnings were 3,446, 658,
against $4434,47S for the same period last
year. on this statement, st. Paul de-
clined from 595s to 5sia, Northwest from
9SlL to 973k Rock Island from 6l12 to 81,
and Burlington and Quincy from u to
70ib The decline otherwise ranged from
ii6l2s per cent, Chicago Gas and Sugar
leading In the late dealings, the higher
priced Coalers were decidedly strong on
reDorts of the shutting down of colleres.
a better feeling is said to prevail in an
tbracite coal circles since the recent meet
ing of the presidents in Philadelphia.
The market closed irregular. Net changes
show losses of l4MlA per cent, St PAU
leading. Lackawanna gained o. North
ern Pacific preferred, "A Canada South
own 1 and Delaware and Hudson. l9s.
SGId,iorado Fuel and Iron advanced ~ to
3ei- and Cordage, guaranteed, 2l2 TO %.
T'ransactiOns were small Inc market
did not respond TO me aIlotInent or the
bonds to the Stewart " organ syndicate,
M only perceptiblc effect having been
The weakening Of sterling exchange. Dis
tnlers was again pressed Tor saIe ana feIi
a his, assessment, certificates in the name
Of "a prominent lnsider made their app
pearance to-day. chicago Gas ana Amer
lean Sugar were less prominent but
Garbage bonds sold at Gih, the lowest
point vet reached. Railroad bonds were
fairly active and Irregular. Inc sales OF
listed stocks aggregated I9VV hHdTeH'
unlisted. 1900 shares -. 49,.