The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-12-01
FINANCIAL.

FINANCIAL.
Savannah, Nov. SO.-Money is easy.
The bank clearings for the past week
have been s., 1862, 1851 against 81. 29o, $50. As
for the same period last year.
Foreign EXchange-The market is
firm. The following are net Savannah
quotations: Sterling commercial demand,
A.S7; sixty days S4.S6; ninety days, 81. S5la:
francs, Paris and Havre sixty days.
S55lSls;, Swiss, sixty days, $5.l924; marks,
sixty days, 95Is.
Domestic Exchange The tone of the
market is firm. Banks are buying at 1-16
per cent. discount and selling at par on
amounts up to $500, and at Lie per cent.
discount on amounts over $500.
Securities-The tone is quiet.
Stocks and Bonds State bonds: Geor-
gia 31a per cent. bonds, SO bid 1912 asked
new Georgia Az per cent. bonds, 1915, ia
bid, 1l5 asked Georgia Smiths, maturity
1896 104i5 bid, 1854 asked.
City BOnds-Atlanta Z per cent, 10 bid,
asked; Augusta per cent, lis bid
ICY asked; Augusta per cent, 1861 bid,
112 asked; Columbus per cent, 102 bid,
1913 asked: Macon per cent, Ill bid, 112
terly January coupons, 1854 bid, - asked;
new Savannah per cent, quarterly. Feb
ruary coupons, 1854 bid. 1906 asked
Railroad Bonds-Savannah, Florida and
Western railroad general mortgage bonds
per cent. interest coupons,
aGS G Gld LIST m aSEea 6 e6nsol
dated per cent. coupons, January and
July mo turity, 1897, 1041a bid 1861 asked,
Central consolidated mortgage Z per cent.
coupons, January and July maturity, 1893
1882 bid, asked; Central Railroad and
Banking Company collateral gold 5s., So
bid, 80 asked; Georgia railroad 6s, 1870 108
bid, 10 asked; Charlotte, Columbia and
Augusta first mortgage, 102 bid, 1903
asked; Charlotte. Columbia and Augusta
second mortgage, 102 bid, 103 asked;
Charlotte, Columbia and Augusta general
mortgage per cent, 80 bid 95 asked;
Montgomery and Eufaula first mortgage
Endorsed s per cent, lo5 bid, JOG asked;
gage 6 per cent. trust receipts, IS bid, SO
asked; Savannah and Atlantic S. in
dorsed 30 asked; South Georgia and
Florida Endorsed, firsts, 105 bid, - asked:
South Georgia and Florida second mort,
gage, 104 bid, asked; Savannah and
Western IS trust certificates. Endorsed by
Central railroad, 55l2 bid, - asked; SaVan-
nah, Americus and Montgomery, IS. AS bid,
so asked; Ocean Steamship 5 per cent
bonds, 1920, 81 bid, SO asked; Gainesville
Jefferson and Southern railroad, first
mortgage, guaranteed, 80 asked: Gaines
vile, Jefferson and Southern, not guaran-
teed SS asked; Gainesville, Jefferson and
Southern second mortgage, guaranteed, 80
asked; Columbus and Rome first indorsed
Is, - bid 43 asked: Columbus and Western
6 per cent. first guaranteed, 10 bid,
asked; Augusta and Knoxville railroad
per cent first mortgage bonds. 1O2 hid
= asked; City and Suburban railroad
first mortgage per cent. bonds, - bid, SIS
asked; Electric railway bonds, - bid 60
asked; Alabama Midland, 5 per cent, seJh
bid 80 asked.
Railroad Stocks-Augusta and Savan-
nah per cent, guaranteed 50 bid q
Georgia common, Isl bid, 154 asked: South
western, per cent guaranteed. with divi-
per cent. certificates, with order for de-
faulted interest, "a bid, 26 asked; Atlanta
and West Point railroad stock, "a bid 81
asked; Atlanta and West Point 6 per cent
certificates, "a bid, - asked.
. Gas Stocks-Savannah Gas Light stock
20 bid, q asked; Electric Light stock and
Power Company, so bid, 50 asked.
Bank Stocks-Southern Bank of the
State of Georgia, 1852 bid, 165 asked; Mer-
chants National Bank, 80 bid, 90 asked:
Savannah Bank and Trust ComDanv no
1903 asked; Chatham Bank, 4S15 bid. 49il
asked; Chatham Real Estate and Improves
ment Company. SIP bid, 52h asked; Ma
tional Bank of Savannah, 100 bid, l3I asked:
Oglethorpe Savings and Trust Company
IS bid, 100 asked; Title Guarantee and Loan
Company rs bid, so asked: Savannah
Construction Company, "A bid, rs asked:
Citizens Bank, 1O1 bid, 1914 asked.
Factory Bonds-Augusta Factory 6s. 100
bid, . asked; Sibiey FACTORY 6s. 1O1 bid.
- asked; Enterprise Factory IS, 100 bid
- asked; Eagle and Phenix Manufactur,
ing Company, 6 per cent. bonds, as bid, so
asked.
Factory Stocks-Savannah Cotton Far
tory g. asked; Eagle and Phenix Manufac-
turing Company, 81 asked; Augusta Fac
tory, las bid, $50 asked; Langley Factory.
sc bid, IS asked; Enterprise Factory. com.
mon, = bid, 92l2 asked; J. p. King Manu-
featuring Company, 100 bid, 102 asked:
Sibley Manufacturing Company, - bid.
New York Nov. 3O.-The treasury hal
ances were as follows: Coin, SIP 539 000.
currency, s64,Sl9, 900.
New York, Nov. S0-Money on call was
easy at 1G112 per cent. The last loan was
at per cent, and at the closing was Of
fered at l per cent
Prime mercantile paper 4Q5 per cent.
Bar silver 62Ac.
Sterling exchange is strong, with actual
business in bankers bills at "a. S61hI4 500.
for sixty days and $4.S7lzQ4.SS for demand;
posted rates $4.S70D4.SS15.
Commercial bills $4s5HM4.S6.
Government bonds were strong State
bonds were dull. Railroad bonds were
weak.
Silver at the board was quoted at s21hc
New York, Nov. 8O.-The following were
the opening quotations at the Stock Fx-
changs:
Chicago and Northwestern. ......'. 97T
Lake ShOre. .................1 3Y
Norfolk and Western preferred ....... 2iss
Richmond and West Point Terminals. 155S
statement Of President HaveRHeySellrs iie Of
the American Sugar Refining Comnanv
announcing that owing to a laoIc Of or
deis the rehneries would be closed led Ia
a grand rush to sell the certifica tes AZ
the opening of business to-day An i'm
preston also prevailed that the directors
will cut the January dividend at their
meeting early next week, and this acccI-
Grated the downward movement There
was tremendous crowd of brokers
around the sugar post at the onenine
and nearly every one of them apDearsd
to have a selling order. At the sound Of
the gong fully 5000 shares We're offered.
down to 81, aginst s6% at the close on
v ednesday last. Further sales depressefi
he Urice to S3lA after which trv,f.,. - -