The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-10-13
FINANCIAL.

We're A,Sls,5S76s, against $S.l4s.652.S4 for
the same week last year;
firm. The following are net Savannah
quotations. Commercial demand $4.S61s,
sixty days. S4.S5ls; ninety days. %;Sis;
francs, Paris ana Havre, sixty days,
$522A; Swiss, sixty days, S52ll2; marks.
Domestic llxchange-The tone OF the
market is steady. Banks are buying at
S-l6 per cent. discount and selling at par
up to $500; for $500 and over. Lilo per cent.
ecurities-Market is very quiet; but
prices well maintained, with light offer
Stocks and Bonds-State Bonds-Georgia
3lh per cent. bonds, of 1880, 1914 bid, 1021b
I0iit bid, lO2 asked; Georgia AZ per cent.
bonds, 1915 li4iA bid, ll5 asked; Georgia
Smiths, maturity 1896, JOB bid. 10i asked;
South Carolina 4Jss 1862 bid 1914 asked
City Bonds-Atlanta per cent, 115 bid
- asked; Augusta per cent, 1l3 bid, ia
asked Augusta 6 per cent, ITO bid, Ill
asked; Columbus per cent, l0i bid, =
J January coupons, io7% bid = asked u ga sa
coupons coupons l67ls bid, los asked; Charleston
As IS bid 96 asked.
railroad Bonds-Savannah, Florida and
Western railroad general mortgage bonus,
per cent. interest coupons, ll4sa bid, =
asked; Atlantic and Gulf first mortgage,
consolidated z per cent coupons, January
Central consolidated mortgage per cent,
coupons, January and July maturity, 1898,
126 bid, asked; Central Railroad and
Banking Company, collateral gold IS, 96I1
bid, asked; Georgia railroad 6s. 1910, Ill
bid, 112 asked; Charlotte, Columbia and
Augusta first IS, 107% bid. 1851 asked;
Charlotte, Columbia, and Augusta second
mortgage rs, llfA asked; Montgom-
cry and Eufaula first mortgage Endorsed
G per cent. ia bid, asked; Georgia
Southern and Florida first mortgage per
cent. trust receipts, 1891 bid 110I5 asked;
Georgia Southern and Florida new IS, 9S1A
bid, 99ia asked; Savannah and Atlantic o.
Endorsed, so bid, - asked; South Georgia
and Florida first mortgage rs, 108 bid,
109 asked; South Georgia and Florida Sec
ond mortgage rs, l07 bid, = asked; Savan-
nah and Western IS, trust certificates, In
dorsed by Central railroad, 90 bid GA
asked; Savannah, Americas and Mont
gomery Is, 47ls bid, 4S13 asked; Ocean
asked; Columbus and Rome first, indors-
ed, 6s bid, 81 asked; Columbus ana
Western per cent. firsts, guaranteed. IFS
bid, - asked; Augusta and Knoxville rail-
road Z per cent. first mortgage bonds
JIG bid, - asked; City and Suburban rail-
road first mortgage Z per cent. bonds, -
bid, 81 asked; Electric Railway IS, due 1885,
q bid, 81 asked; Alabama Midland per
Western As, 72l4 bid, "a asked; South Bound
railroad S. rs bid, 70 asked
Railroad Stocks-Augusta anG Savan-
nah, s5la bid, = asked; central common,
13 bid, IA asked; Georgia common, 1863
bid. 10 asked; Southwestern, 9Os, bid, 9liS
asked; Central 6 per cent. certificates,
b bid. "a asked; Atlanta and West
Point railroad stock, 80 bid, 100l5 asked /;
Atlanta and West Point per cent. cer-
tifcates. 9912 bid, 100 asked.
Gas StoclIs-Savannah Gaslight stock,
2C15 bid q asked; Electric Light and Pow
er Company, GOA bid. 81 asked.
Bank Stocks, Etc.-Citizens Bank, 10s
bid, 1903 asked; Chatham Bank, 40 bio,
1872 asked; Oermania Bank, 1851 bid. 1917
asked; Merchants National Bank, lOs
vannah 1873 bid. 1874 asked: Oglethorpe
Savings and Trust Company, 100 bid, 101
asked; Southern Bank OF the State OF
Georgia. 1874 bid, 1865 asked; Savannah Bank
and Trust Company, 107l2 bid DS12 asked /;
chatham Real Estate and Improvement
Company A, SO bid. 5315 asked; B, 5024 bid,
51A asked; Savannah Construction Com
pany, rs bid, 7SIa asked; Title Guarantee
and Loan Company 80 bid, IS asked.
Factory Bonds-Augusta Factory s.,
1O1 bid, 1O3 asked; Sibley Factory 6s, 101
bid, 1O2 asked; Enterprise Factory IS, 102lz
bid 1891 asked; Eagle and Phoenix Manu-
featuring Company per cent. bonds, IS
bid. 80 asked.
Factory Stocks-Savannah Cotton Fac
tory, 60 bid, 6212 asked; Eagle and Phoenix
Manufacturing Company, Y bid. p asked;
Augusta Factory, 70 bid, 76 asked; Gran
iteville Factory, $50 bid, - asked; Langley
Factory, 104 bid, 105 asked; Enterprise
Factory, common, 50 bid, 50 asked; J. y.
King Manufacturing Company, 1903 bid, l05
asked: Sibley Manufacturing Company,
n bid so asked; Savannah Brewing Com
pany, 90 bid, 81 asked.
New Y OTk, OCl. lI--AIDilty OH call was
easy at 1n2 per cent.
Prime mercantile paper, 5Ad6 per cent.
Sterling exchange firm, with actual bus
mess in bankers bills at S486A04.S7 for
sixty days and $4S7lzM4.S7# on demand.
Posted rates, A.6d4SS
Commercial bills, $4.S5izG4S5h.
Bar silver, 6Sl2c.
Government bonds steady; state bonds
dull; railroad bonds were firm.
Silver at the board brought 6Sssc for
New York, oct. 12.-The treasury bal
ances were as follows: Coin, $9l, 1872, Sl4;
currency, $102, 65S. 4G3.
New York, Oct f2.-The weekly state
ment of the associated banks shows the
following changes: Reserve, decrease,
81 294 625; loans, decrease, 50, sos 200; specie,
decrease, $4,000; legal tenders, decrease,
So $40 700; deposits, decrease, S. sos, 800; cir
culation, increase, $50, 700. The banks now
hold S14, 800 in excess Of legal require
ments
New York, Oct. 12.-The New York FL
nancier says this week: There is no ces-
sation to the movement which is drawing
down the reserve held by the New York
clearing house banks, the statement is
sued Saturday, Oct. u, showing a still
further decrease Of ST. ,625 in this item.
The total excess reserve now stands at
$14,1769 800, Of which q limited number OF
banks hold the greater part. The cur
rency contraction may be checked within
the next few weeks, but the movement
up TO this time has been of a volume
much heavier than usual. Some of the