The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-10-16
FINANCIAL.

savannah, Oct. l0.-Money is steady.
Domestic Exchange-The tone of the
market is steady. Banks are buying at
3-l6 per cent. discount and selling al 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,
s4.S5A; francs, Paris and Havre, sixty
days, S5.20A; Swiss, sixty days, $5.22;
marks; sixty days, S77s.
Southwestern stock is strong. with light
offerings. Balance of the market quiet
State Bonds-Georgia AZ per cent 1915,
u bid. 1155 asked; Georgia per cent.
1886, 10424 bid, 1852 asked; Georgia 31a per
cent long dates, 9S1a bid, 991a asked
City Bonds-New Savannah per cent
quarterly January coupons, 1854 bid,
asked; new Savannah per cent Novem-
Der coupons, 105l2 bid, - asked.
Railroad BondS-Central Railroad and
Ranking Company collateral, gold IS, So
bid, 80 asked; Central consolidated mort
gage, per cent. coupons, January and
July maturity, 1898 us bid, - asked: Sa-
vannah and Western railroad per cent
trust certificates, so bid. 81 asked; Savan-
nah Americas and Montgomery 6 per
cent, so bid, 50 asked; Georgia railroad 6
Southern and Florida first mortgage 8
per cent, 81 bid 50 asked; Montgomery
and Eufaula first mortgage 6 per cent,
Endorsed by Central railroad. 100 bid 1O2
asked Augusta and Knoxville first mort
gage per cent, SO bid, 101 asked; Ocean
Steamship 3 per cent, due in 1920, 96 bid
81 asked. columbus ana Rome flrSt mort
gage bonds, Endorsed by Central rail
road. 40 bid IS asked; Columbus and
Western 6 per cent, guaranteed, 100 bid
1O2 asked, City and Suburban railway
first mortgage per cent, so bid, So asked
Savannah and Atlantic 5 per cent, in
dorsed, % bid. 81 asked; Electric railway
first mortgage Is, - bid, 60 asked; South
Georgia and Florida first mortgage Z per
cent, 1903 bid, - asked; South Georgia and
Florida second mortgage, l07 bid. - asked;
Alabama Midlands, SO bid 80 asked.
StOCkG-( CENTRAL 1G
bid, Is asked; Augusta and Savannah
per cent, guaranteed, 50 bid, So asked;
Georgia common, $50 bid - asked; South
western I per cent, guaranteed, includ-
ing order for div. 7l12 bid q asked; Cen
trail per cent certificates, with order for
defaulted interest, % bid, "A asked; At
lanta and West Point railroad stock, so
bid s. asked; Atlanta and West Point
per cent. certificates, 90 bid, SO asked.
the State of Georgia, 1874 bid, - asked;
Merchants National Bank, 92 bid, SO
asked; Savannah Bank and Trust Com
pany 102 bid, 1913 asked; National Bank of
Savannah, 1879 bid, 1902 asked; Oglethorpe
Savings and Trust Company, 9S bid. 100
asked; Citizens Bank, 1902 bid, lOl asked;
Company, 5O24 bid, STA asked; Germania
Bank 1912 bid, 1922 asked; Chatham
Bank As BID 49 asked; s Say n a. Con
Title Guarantee and Loan Company. 70
bid 49, asked.
New York, Oct, 15-Money on caH is
] per cent, and at the closing was Of
fered at per cent. $780,.
cent.
Bar silver $3.50.
Sterling exchange is strong, with ac-
tual business in bankers bills at &.S624d
4S7 for sixty days and AS7s4 for demand;
posted rates $4.SSQ 4.S9.
commercial bills a. S5a4G4S63t
Government bonds were firm. State
bonds were duh. Railroad bonds were
silver at the board was dull.
London, Oct 15.-Bar silver to-day was
quoted a % 1-l6d.
New York oct. 15.-The treasury bal
ances to-day were as follows Coin, To-
az 900: currency. SIS, J0l, 001.
New York. oct. 1.-THE following were
the opening quotations at the Stock Tx
change to-day. ana
Erie .............,. las
Chicago and Northwestern. l03l2
I 40 shore Observation-Disclosures. 1857
Richmond and West Point Terminal. 177s
Western Union. ACKNOWLEDGEMENTS. 81
Southern Railway common. ............ 1875
Southern Railway preferred. ........... 429s
New York oct. 15.-The stock market
to-dav turned upon the sterling eX-
changes: for days past the latter have
been decidedly strong, and the actual fig
tIres have gradually advanced to the gold
ayporting point. To-day Il was announced
after the closing Of the stock exchange
that Kidder Peabody q Co. Of Boston had
Withdrawn $500. 900 gold from the local sub
gold win go direct TO Germany by to-
Inorrov's steamer. and the shipment. u
is claimed. is a legitimate exchange opera
ton. In other words. ~ ~ asserted that 10
H. not a special transaction. There o. no
change 10 report iu the market for ster-
fl..r .v.hanua and ffn etuHNGru afreuufh