The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-11-18
FINANCIAL.

Savannah, Nov. I7.-MOney easy.
Domestic Exchange-The tone of the
market is steady Banks are buying at
Lie per cent. discount and selling at lie to
Is per cent. premium.
Foreign Exchange - The market is
steady. The following are net Savannah
quotations: Commercial demand, S4.S6i5
sixty days. A.S515; ninety days, a.S5;
francs Paris and Havre. sixty days, $5.19lh
Swiss, sixty days, $5.20sl; marks, sixty
days 95
Securities of Central system are quiet;
Southwestern irregularand apparently but
a brokers market.
State Bonds-Georgia, Az per cent. 1915,
ia bid, ll5 asked; Georgia per cent 1896,
1913 bid 1861 asked; Georgia 31a per cent
long dates, 1884 bid, 1914 asked.
City Bonds-New Savannah per cent.
quarterly January coupons, 1852 bid; 90
asked; new Savannah per cent. Febru-
airy coupons, 1854 bid, 1853 asked
Railroad Bonds-Central Railroad and
Banking Company collateral. gold 5s, IS
bid 81 asked; Central consolidated mort
July maturity, 1898, 1857 bid, asked: Sa-
vannah and Western railroad 3 per cent.
trust certificates, 50 bid, So asked Sa-
Vannah, Americus and Montgomery 6 per
cent, IS bid, 80 asked Georgia railroad
per cent, 1910, 1851 bid, 40 asked Georgia
Southern and Florida FIRST mortgage 6
and Eufaula first mortgage 6 per cent.
indorsed by Central railroad, 105 bid -
asked; Augusta and Knoxville first mort
gage Z per cent, 102 bid, 10S asked;
Ocean Steamship 5 per cent, due 1920
971a bid, 1872 asked; Columbus and Rome
first mortgage bonds, indorsed by Central
railroad, - bid AZ asked Columbus and
Western, per cent, guaranteed. Ill bid. -
asked; City and Suburban railway first
Savannah and Atlantic per cent. in
dorsed, bid 81 asked; Electric railway
first mortgage is, - bid, 60 asked; South
cent 1O6 bid asked: South
Georgia and Florida second mortgage, los
bid. asked; Alabama Midland, 81 bid,
Railroad Stocks-CentraI common. II bid
10 asked Augusta and Savannah per
cent, guaranteed, = bid, 81 asked; Geor-
gia common, 152 hid, asked; South
western per cent. guaranteed. inciud-
ing order for div, rs bid, TN asked Cen
trail per cent. certificates with order for
lanta and West Point railroad stock. So
bid, 81 asked; Atlanta and West Point 6
per cent. certificates % bid, IS asked.
Bank Stocks Etc.-Southern Bank of
the State of Georgia, 163 bid 1866 asked;
Merchants National Bank, 80 bid SO
asked; Savannah Bank and Trust Com
pany. - bid, 1921 asked; National Bank of
Savannah, 1870 bid. 1871 asked; OglethOrpe
Savings and Trust Company, 9S bid 100
asked; Citizens Bank, 101 bid, 1902 asked
Chatham Real Estate and Improvement
Company, 50 bid, 52l2 asked; Germania
Bank, 1O1 bid, 102la asked Chatham Bank
4812 bid 4912 asked: Savannah Construction
Comnany, "A bid. - asked, Title Guarantee
and Loan Company. II bid, 70 asked
London, Nov. H-Bar silver was quoted
at sd
New York. Nov 17.-Money on call was
easy at per cent.
Prime mercantile paper S14 per cent.
Sterling exchange is dull, with ac-
tual business in bankers bills at 81 sea-
4S61a for sixty days and $S7G4. 871a for
demand; posted rates S4.87614. So.
Commercial bills, %.S5hQ4S52t.
Bar silver, 63hc.
Government bonds were steady. State
bonds were dull. Railroad bonds were
higher
New York, Nov. 1.-THE weekly state
ment of the associated banks shows the
following changes;
Reserve, increased. .................Sl3O 4 400
Loans, decreased. Observation-Disclosures. III 700
Specie, increased ..................... 744OOO
Legal tenders, increase. 1853 200
Deposits, increased. ................. 2371 200
Circulation, decreased. ......... II 6O0
The banks now hold So. ga, $50 in excess
of the requirements of the 25 per cent.
New York Nov. 1.-THE treasury bal
ances were as follows: Coin, s74 ,292, 900; cur
rency, $6i,l4S0 600.
New York. Nov. 1.-THE following were
the opening quotations az the Stock Elk
change to-day:
Chicago and Northwestern 1903
Norfolk ana Western preferred '''.''''l ga.
Richmond and West Point Terminal .l5ss
Western L niOn.................. s7sl
Southern Railway common. ......... n 10
southern Railway preferred. ........ 25s,
New York, Nov. 1.-THE trenendoi,e
falling Off in earnings Of the 81, PAM
road for the second week OF Novenbsr
was the signal for n heavy selling move
m ent In the grangers. which carried tho
stocks down ~ to "a per cent. These
earnings for the period named showed n
decrease Of 1884 1851, OF nearly 25 per cent
the statement frightened weak holders.
ana at the same time bears on other prop
critics took advantage Of the uneaslnesa
20 hammer the general list. london
helpea me downward movement by sell
ing the International stocks The Goaters
were lower on reports that the bic uro-
ducers were slaahing coal prices ana
that the unfriendly attitude OF the tpJe-
pendent operators viii lead 10 SIN nm
Their cutting. The Cammack brokers were
active again IN Manhattan and fbeir
sales forced the stock down 10 1OZss ~
lowest figure for "a long time an tbe
low priced issues were heavy. the weak
ness ~ the southern railway common ana
preferred stock being quite feature ~
the market The common fell from i2ii
20 l0# ana the preferred from 3g t0 40
smaller holders were said TO be- reallzing
After NJ O'Clock JcrFrH Central uaN IId
up 90 H}ia and this checked the DECLINE IN
limo. luf iu th, final daanurs M