The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-11-08
FINANCIAL.

Savannah, Ga, Nov. Money steady.
Domestic Exchange-The tone of the
BIG 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
steady The following are net Savannah
quotations: Sterling, commercial demand,
4.s6A sixty days, s.. S5A; ninety days,
485; francs, Paris and Havre, sixty days,
$519A; Swiss, sixty days, $5.2015; marks,
sixty days. 95 lie.
Securities of Central system are quiet;
Southwestern more freely offered, buyers
n9 State Bonds-Georgia a. per cent. 1915,
III bid, lis asked; Georgia 7 per cent. 1896,
r1ent. long dates, 98l2 bid 9954 asked.
City Bopds-New Savannah per cent.
quarterly January coupons, 1851 bid, -
asked; new Savannah per cent Febru-
aTV coupons, 1O5 bid, 1852 asked
Railroad Bonds-Central railroad and
Banking Company collateral, gold IS, 50
hid. so asked; Central consolidated mort
gage per cent. coupons, January and
JlIiy maturity, 1898, lis bid, asked; Sa-
Vannah and Western railroad 5 per cent
trust certificates 80 bid, 81 asked Savan-
nah Americas and Montgomery s per
cent, As bid, so asked; Georgia railroad
90 cent. 1910. 10815 bid 10 asked; Georgia
Ser cent, So bid, 80 asked; Montgomery
and Eufaula first mortgage per cent
indorsed by Central railroad JOB bid, =
@s9e per cent, 1919 bid, 1021a asked.
Srean Steamship per cent, due 1920 97l5
bid 9S19 asked; Columbus and Rome first
road, = bid, 43 asked; Columbus and West
ern per cent. guaranteed, l04 bid, -
esitAd. CITY and Suburban railway first
Mortgage per cent, = bid, IS asked;
Savannah and Atlantic 5 per cent, in
dorsed, % bid, 81 asked Electric railway
first mortgage 6s, = bid, 60 asked; South
Georgia and Florida first mortgage 7 per
cent. 1O6 bid, - asked; South Georgia and
Florida second mortgage, Jos bid, = asked;
Alabama Midland, 81 bid, 50 asked.
Railroad Stocks-Central common, 16 bid
On asked; Augusta and Savannah z per
Cent, guaranteed, = bid, IS asked; Geor-
gia common, 1872 bid, - asked; South
19estern I per cent, guaranteed, includ-
ing order for div, 76 bid, tn asked; Cen
trail 6 per cent. certificates, with order for
Ianfa and West Point railroad stock, IS
bid, 81 asked; Atlanta and West Point
per cent fertca4f fs V 6ld b 80 asked s
the State of Georgia, 1853 bid, los asked;
Merchants National Bank, 80 bid, SO
ssked: Savannah Bank and Trust Com
savannah, 129 bid, 1902 asked; Oglethorpe
Savings and Trust Company, 9S bid, 100
osked. citizens Bank, 1Ol bid, 10115 asked :;
Sbatbam Real Estate and Improvement
Company, 50a4 bid, 5lh asked; Germania
rank. i0l bid, 1929 asked; Chatham
sfruction Company. "A bid IS asked; Title
Guarantee and Loan Company, 70 bid, -
asked. -. 49,.
essV at / per cent, the last loan was at
/ ner cent and at the closing was offered
at i per cent. Prime mercantile paper,
3d4 per cent.
Bar silver, 631zc.
Sterling exchange was easier, with ac-
tual business in bankers bills at S4.S6a. a
4 81. for sixty days, and A.8Sl2 for demand;
Commercial bills, $4.S5Ad4S6. Government
bonds firm: state bonds dull. railroad
bonds active and steady. Silver at the
board was quoted quiet.
New York Nov. 7.-Treasury balances
we're as follows: Coin, SIC, 063 600; currency,
SOS Kew York, Nov THE following were
the opening quotations at the Stock EX-
change to-day 80,
Chicago and Northwestern ........ 1908
Norfolk and Western, preferred ..... 222t
t2icbmond and West Point Terminal. l75s
Western Union ACKNOWLEDGEMENTS. 6ll2
Southern Railway, common ......... 1875
Southern Railway, preferred ...;..... 4iOl2
opened with a boom, prices having ad-
vanced a 10 per cent. In the initial tran
sactions. Sugar led the list, selling at S9ls
q9o 1000 shares ch5bnsi re.a ha dn az {he
tbe stock sold at s7Ts. London was a buyer
~ 81 Paul and Louisville and Nashville
sold little Denver .t and Ei % GrSnde at
IT, tbe west was used as a bull argument,
and led 70 purchases for both homo and
foreign account II was also generally ad-
nitted that the change IN conEress means
Har,n,erciai peace for some time to come.
and thie together with the comparative
Woakncss Of sterling exchange, mad much
20 do with the improvement w STOCKS ana
bonds. After the sharp rise M the opening
there we're sales 20 realize profits, and
the same time Jersey Central and Man
haitian developed weakness. Jersey CEN
trail declined from 93 20 bjtt ana MHnhat-
ian iron, 1913, 10 1854 Manhattan was
anscted by the vote In favor or the rapid