The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-09-11
Financial.


Fore gn Exchange-The market is easy.
The following ale net Savannah quotations
sterling, commercial demand, q s47z
sixty davs. a S5A; ninety days. s. S3%
francs, Paris ana Havre. sixty days, IS 201a
days. "a ll-16
Secdrities-The market is quiet and dull
state Bonds-&Teors!2 "A per cent 1915,
1874 bid, llt44 asked; Georgia per cent l8ae,
lO4z DID, 1854 asked; Georgia 81 per cent a..
long dates. 96 bid, $50 asked.
. City Bonds-New Savannah per cent
quarterly October coupons l05A bid, 1864
asked; new Savannah per cent. Novem5er
coupons, 1854 bid, lo6 asked.
Railroad Bonds-Central Railroad and
Banking Company collateral gold IS S. bid.
asked: Central consolidated mortgage Z
per cent, coupons January and July maturity.
1885. III Did. ked; Savannah and West
ern railroad 3 per cent trust certin Gates, %
bld, "a asked: Savannah, Americus and
Montgomery 6 per cent. so bid, So asked:
Georgia railroad per cent. 1910, iO7 bid 100
asked Georgia Southern and Florida first
mortgage per cent 81 bid, e4lz asked .
Montgomery and Eutaula first mortgage s
per cent. Endorsed by Central railroad l0l did,
asked; Augusta and Knoxville first mort
gage per cent. 1904 bid, 1917 asked; Ocean
steamship 5 per cent. due in 1920 90 bid IS
asked; Columbus ald Rome first mortgage
bonds, lndOrSed by Central railroad -- bld. 81
asked: Columbus and Western 6 per cent,
guaranteed, l0l bid, - asked City ard Sub
urban railway hrst mortgage 7 per cent. -
bid, 60 asked; savannah and Atlantic per
cent. lndOrsed. % bad, 40 asked; Electric rail
way first mortgage 6S, - bid, - asked: South
Georgia and Florida first mortgage per
cent, l06 i'd 107 asked; south Georgia and
FLORIDA second mortgage, iO5i2 bid, 1J61a
asked; Alabama Midlands g bid. 30 asked
Railroad Stocks-Ceatral common, 49, bid
10 asked; Augusta and savannah per cent.
guaranteed 80 bid. B41a asked; Georgia com
mon, l45 bid, 1872 asked; Southwestern
Der ceT t. guaranteed. including or.
der for div. VIZ Tgla a2ER1s q
per cent cerJihcates. with order for de-
taulted interest, Is bid, 275a asked; Atlanta
ana West Point raj road stock, so old 80
asked; Atlanta and West Point per cent.
certificates 80 bid, 80 asked.
Bank stocks Etc.-SOuthern Bank Of the
state Of Georgia, l64 bid, asked; Mer-
chants National Bank, % bid, 80 asked;
Savannah Bank ald Trust Company, lO2 bid
1913 asked National Bank of Savannah. l3C
bid, 1872 asked; Oglethorpe Savings and Trust
Company, 98 bid 100 asked Citizens Bank
100 old, l01 asked: Chatham Real Estate
ana Impro vement Company, Soy bid, 81 asked
Germania Bank, 1Oiss bid, 1925. asked;
Chatham Bank, 1911 bid, AN asked; Sayan
nah Construction Company, "A bid, 70 asked
Title Guarantee and Loan Company, 7552 bid,
49, asked
easy at per cent. The last loan at per
cent. and at the closing was offered at l Der
cent.
Prime mercantile paper, 484A per cent
Bar silver 645sc.
Sterling exchange is weak; bankers
bills az & S5l14 S5l4 for sixty days and
3 3 s'A gg, s. for demand; posted rates
Commercial bills 81 s54@4 s5H for sixty
days.
Government bonds steady. State bonds dull.
Railroad bonds Rher.
Silver at the Stock Exchange to-day was
dull
New York. Sept 10.-The following were
LEH0Den1nQ QlOLafinDG the -tOnlr
To-Day:
me. ...................... 10
Chicago and Northwestern~............ 1904
Norfolk aai Western preferred .......... 26l4
Richmond AMI Vest Poiat Terminal, 1914
w ester Uniou..- ............. ...,... "
Southern Railway common .............. 141s
do do preferred ....... o.. 42H
New York. Sept. lO-Whiie to days mar.
ket was narrow one, the undertone was de-
cidedly rmer. the result of efforts on the
part OF the small operators TO cover contracts
put out last week. London bought small
amounts Of st. Paul. Northern Pacific pre-
le red. Union Pa iac and other low priced
stocks, and thus added 10 the discontinue of
the smaller shorts. Al the start the market
ruled irregular, and there was a disposition
TO sell Rock Island and Burlington and
Quincy. These stocks we're affected bySpec-
ial causes. In the case OF the form er it was
a. Jain as serted that the company intended to
cut its dividends President Gable OF
LAb EOGIs WHO Is III the C1EF. re-
fused TO express sny opinion about the
matter, the directors are 10 act the latter nd
OF the month. Burlington and Quincy was in
fuenced by the rumorS that the Septem Ser
government report would show the condit on
Of corn 90 be only IS per cent A consider
able short interest has been made on this
theory. 4 be official report given out after
bus ness hours 10 day shows the average Of
corn 10 be tuIly ~ points above this estimate.
II rerna MS to be seen how the shorts will ia Q
this development to morrow. The weakness
OF the Granger stocks was short lived and in
a little while the whole list scored advances
OF u to 3 per cent American Sugar, Yves.
tern Union, the Changers, Louisville
and Nashville. Missouri Pacific, North
ern Paci1C preferred, Richmond criminal,
AtchisOn and Reading leading. There was
Some favorable incteases IN the afternoon,
American sugar suddenly fell TO lO35s from
1909 early in the day and this started ramor
that the diyi- Lend rate will not he maintained
after all ne break in sugar caused areac-
ton OF anywhere from 4 TO rs pei cent, Bur
lngton and quincy leading In the inactive
81 )cks. Norfolk and southern brought IS
against 81 the last previously reported sale.
7 oledo and Ohio Central jumped 80 to 40. 3 he
general market Closed easier. Net changes
show gains OF \ 10 II Ier cent, the latter In
Western Onion; American sugar lost 4. The
sales Hsted stocks IS, i79 shares and uni sted
stocks 40 "a shares
The quotations at the closing we're as fol.
lows
ANN. Cotton OIL. 33z Nash. c & st. L.. g.
DO pet .... o.. = q. >. Cordage.... tx
sugar ksnnery go. i0l DO do pref. 80
do pref ......-. S6i{ n. J. Central. ....il5
American Too co 1874 n. Y. Central. co.. 1Ul5(
do pref. 49,. no \. Z. & r. e.. 26A
Atehison. Is ST. ~ Mort e Vest. pfd. 26ss
Ohio. ~ Northern Pacific 5li
Canada Pacific. 661a do preferred 2l3S
Ches q Ohio. ...... 2J9s Northwestern l03
Chicago I. Alton. ~ DO preferred. l4ii
Chicago, -. & O.. 165l Pacific Mail. ..... l5h
Chicago Gas ...,.. 1f54 Reading. .......... 2ls
Del, Lacks W. 1863 Richm'd T minat. 1874
Dis 4 Cat. Feed 1874 Rock Island. ...... 655A
EastTenuessee e. y st PauL......... 659s
do pref.....,. 10 90 pref........l22
Erie.............. i5H Silver Certifs.... 64I
do pref....... S31s Tenn. Coal& Iron. 1874
Ed Cen. Electric 40tf DO DO pref. F121i
Illinois Central. 0i5h Texas Pacific. zee. i054
Lake Erie & w.. iaM Union Pacific. ... u
DO pref. ....... 52A W'bash, s. L. &P ~
Lake Shore LIB do do pref. i55t
l. vile & Nash. 50k Western UniOA. eiH
Louisville q n. A. az Wheeling & L. r. IN
Manhattan. zee. ma do DO pref 80
Memphis & Char. 10 Southern Py 5s.. sSii
MiChigCn Central gS do common. .. i4al
Missouri Pacifc.. Bon DO preferred 1914
Mobile & Ohio. 20. S0h
asked.