The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-12-18
FINANCIAL.

Savannah, Dec. 17.-Money is steady.
Domestic EXchange-The tone of the
market is steady. Banks are buying at
1-l6 per cent. discount and selling at 1-l6 to
Il per cent. premium.
Foreign Exchange-The market is
steady: The following. are net savannah
quotations: Commercial demand, Sass;
sixty days, A.6 ninety days. $4S6ss;
francs, Paris and HarVe, sixty days,
SITE; Swiss, sixty days, $5.lSA; marks,
securities-Market is generally quiet
and dull.
114i5 bid, lis asked; Georgia per cent. 1896,
104A bid, 1861 asked: Georgia 3ia per cent
long dates, 99& bid, 1901 asked
City Bonds-New Savannah per cent.
quarterly January coupons. 1854 bid, 1O6A
asked; new Savannah s per cent. Febru-
airy coupons. 1852 bid LOG asked.
Railroad Bonds-Central Railroad and
Banking Company collateral, gold 5s IS
bid, 80 asked: Central consolidated mort
gage Z per cent. coupons, January and
vannah and Western railroad 8 per cent.
trust certificates, 30 bid. Sc asked; Sa-
vannah, Americas and Montgomery per
cent, 50 bid, 81 asked; Georgia railroad
per cent, 1910, 40 bid, Ill asked; Georgia
Southern and Florida, first mortgage
per cent, 81 bid, IS asked; Montgomery
and Eufaula first mortgage 6 per cent,
Endorsed by Central railroad, 14 bid, 1O5
asked; Augusta and Knoxville first mort
gage, per cent, 10S bid. 104 asked :;
Ocean Steamship per cent. due 1920,
SIG bid, 9S1s asked; Columbus and Rome
first mortgage bonds, indorsed by Central
railroad, = bid, 40 asked; Columbus and
Western, 6 per cent guaranteed, Jos bid 10
asked; City and Suburban railway first
mortgage z per cent. bid So 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 per
cent, 106 bid, asked; South Georgia
and Florida second mortgage, los bid. =
asked; Alabama Midland, IS bid 81
asked; Brunswick and Western as. guar
Railroad Stocks-Central common, Is bid.
II asked; Augusta and Savannah 7 per
cent. guaranteed, 80 bid, SO ex-
DIVIDEND, asked; Georgia common.
Z per cent; guaranteed, includ-
ing order for div. Il bid, 721a asked; Cen
trail per cent. certificates, with order for
faulted interest, % bid, "a asked; At
lanta and West Point railroad stock IS
per cent. certificates, 81 bid, 80 asked.
Bank Stocks, Etc.-Southern Bank of
the State of Georgia, 165 bid, 165 asked;
Merchants National Bank, 90 bid, So
asked; Savannah Bank and Trust Com
pany, ex-div., 1873 bid, : asked; National
Bank of Savannah, 100 bid. 131 asked;
9S bid, SO asked; Citizens Bank ex-divi-
dend, 9S12 bid, 100 asked; Chatham Real
Estate . and and -a Improvement Com
pany. So bid ,oo 524 asked; Germania
40 bid, 50 asked; Savannah Construction
Company, 1872 bid, rs asked; Title Guaran-
tee ana Loan company 10 DlQs 81 asked.
London, Dec 15.-Bar silver was quoted
at q 13-16d
New York, Dec 17-Money on call was
easy at 1d2 per cent; the last loan was at
per cent, and at the closing was offered
at 2 per cent. Prime mercantile papers
3GI4 per cent; bar silver, 6OA; sterling ex-
change easier, with actual business in
bankers bills at 4S712Q4S7A for sixty
days. and 81. SS12q4SS% for demand. Post
ed rates, $4SS1964. S9l3; commercial bills,
81. 1864 G4.S7. Government bonds steady;
state bonds dull Railroad bonds weaker.
Silver at the board was 607sc bid.
New York Dec 1.-THE treasury bal
ances were as follows: Coin, $S7, 5S2, 900;
New w York Dec. 1.-THE following were
the opening quotations at the Stock Elk
change
Chicago and Northwestern ............ 9SA
Lake Shore .............-..... 1904
Norfolk and Western preferred ...... 1912
Richmond Terminal OBSERVATION-DISCLOSURES. 16l2
Western Union OBSERVATION-DISCLOSURES. SS9s
Southern Railway common ............ 119
Southern Railway preferred ........... 36l2
New York. Dec 17.-Trading at the stock
exchange was lifeless to-day, the sales ag-
gregating only 114,000 shares. OF this total,
sugar figured for Al 600 shares, and Chicago
gas for 90 200 shares, but no other stock on
the list was traded in to the extent of
8 900 shares. The opening was very ir-
regular, with a tendency downward be-
cause of the engagement of $,75O000 gold
for export to Europe tomorrow. at was
said at one time S2,200,0O0 gold had been
withdrawn from the sub-treasury to-day,
but officials after the close of business
gave the amount at 100000. Chicago
Gas was especially weak and fell to $685..
The rumors of a reduction in the dividend
and a big floating debt were again revived
and again denied. BIDS of rs per cent.
we're made for the dividend on small blocks
| of the stock and the president of the COM
| pany was quoted as saying that the, con-
| Germ had not dollar of floating indebted
| ness and had good balance in bank.
Sugar was heavy in the early dealings,
| falling to 911a, but quickly rallied to $3.50
| aSss The decline in the railway list was
| Confined TO fractions. Northwestern and
burlington, which made the greatest
| losses of the day sold down only q per