The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-03-01

Domestic EXchange-The tone of tn.
market is steady. Banks are buying at
PAL ana selling at 4 per cent premium
from 500 to 5000; for larger amounts.
Foreign Exchange - Market firm.
The following are net Savannah quota
lions; Commercial demand "a S715: sixty
Gays, SAs64; ninety days, S4.S6A; CONT
Havre. sixty DAYS s5iSS swi Eis si 5Ig
Gays, S9.l944; marks, sixty days %.
Securlues-Market is quiet and dull.
state Bonds-Georgia, AZ per cent. 1915,
~ bid, ll5 asked; Georgia : per cent
1870 4O412 BID 1857 asked: Georgia 81 per
cent, long dates, l0lle bid, 102i2 asked.
CITY Bonds-New savannah 8 per cent
April coupons lO5l2 bid, 1862 asked; new
savannah per cent May coupons. 1851
bid. 1852 asked.
Railroad Bonds-CentraI Railroad and
Ranking Company collateral, gold IS, %
bid, % asked; Central consolidated mort
gage z per cent coupons, January and
July maturity 100 bid asked; Sa-
vannaE and Western railroad per cent
trust certificates. 50 bid. 81 asked: Sa-
Vannah, Americus and Montgomery g per
cent, 10 bid, 50 asked; Georgia railroad
per cent, 1910, 100 bid, 10 asked: Georgia
Southern and Florida, first mortgage s
per cent, So bid. So asked; Montgomery
and Eufaula first mortgage per cent.
Endorsed by Central railroad l02 bid l03
asked: Augusta and Knoxville first mort
gae per cent, 100 sds l02 asked;
Ocean Steamship per cent, due 1926 50,
bid, 9Sls asked: Columbus and Rome FIRST
mortgage bonds, indorsed by Central rail-
Ito asked city and Suburban ' railway ay' Rla
Savannah and Atlantic 3 per cent. in
dorsed, 10 bid, 20 asked; Electric railway
first mortgage 6s, = bid, - asked; South
cent, 1O9 bid, ITO asked; South Georgia and
Florida second mortgage, los bid. 109 asked:
Alabama Midland SSis bid, 81 asked,
Brunswick and Western Is, guaranteed. y
asked.
Railroad ,stocks-CentraL common, 12h
bid, l5la asked; Augusta and Savannah
per cent, guaranteed, ~ bid, 81 asked
Georgia, common, l57 bid, 159 asked; South
western per cent. guaranteed. including
order for div, Is bid, 90 asked; Central
per cent. certificates, with order for do
faulted interest, Is bid, 10 asked: Atlanta
and West Point railroad stock, Sc bid SIS
asked; Atlanta and West Point per
cent. certificates, 80 bid, 81 asked.
Bank Stocks. Etc.-Citizens Bank
101l5 bid 1924 asked; Chatham Bank.
A bid IS asked; Germania Bank,
1922 bid. 1882 asked Merchants National
Bank, 1872 bid SO asked; National Bank
of Savannah, 100 bid, 131 asked;
Oglethorpe Savings and Trust Company
IS bid, 100 asked; Southern Bank of the
state of Georgia, 163 bid, l65 asked; Savan-
nah Bank and Trust Company, 105 bid 1906
asked; Cha than Real Estate and Improve
ment Company, SO bid. SO asked; Sa-
Vannah Construction Company, Is bid,
76 asked; Title Guarantee and Loan Com
London. Feb. 2S.-Silver was quoted at
q 9-l6d
NEW 1OIks L tD Ao-AlOIt4 on cali was
at IL per cent; the last loan was at ~
per cent. and at the closing was offered
at IL per cent. Prime mercantile paper,
44d5 per cent. Bar silver, 604c Sterling
Exchange firm, with actual business in
bankers bills at S4S7d4S715 for sixty days,
and $4.S8AQ4S9 for demand. Posted rates,
$4.SSM4.90. Commercial bills S4.S7. Gov
eminent bonds have been lower. State
bonds were dull: railroad bonds We're
weaker. Silver at the board was quoted
New York Feb 2S.-The treasury ball
ances to-day were as follows: Coin, SS7-
10000; currency, $7LG07 600.
New York, Feb. 2S.-NoOn-Erie, 81 {:
Northwestern. SS1s; do preferred, 1879; Lake
Shore, 1851; Norfolk and Western. pre-
ferred, il; Western Union, 87ls Southern
Railway, common, 912; Southern Rail
way, preferred. 3012; American Sugar, 90;
Baltimore and Ohio 81 Canada Southern,
as; St. Paul, 5fla; Rock Island. 6l5s; Della
ware and Hudson, 125; Delaware. LaclIa-
wanna and Western 1884,; Manhattan,
trail $685..
New York, Feb. 2S.-Fears of gold ship
ments, liquidations for London and in
creased pressure from bearish sources led
to a weak and lower market for stocks
to-day. Business was decidedly more ac-
tive, the sales aggregating 205,l54 shares
against 1873 $50 shares yesterday. Operators
for lower prices made considerable of the
high rates for sterling exchange, and were
predicting gold exports at an early day.
They were not very definite in their state
ments, however. nor could they explain
how shipments could be made at a profit
now that the bank of England is paying
less for gold and continental exchange is
considerable higher than when the recent
export movement was in progress. Well
known drawers of exchange ii should be
added, are not disturbed by the talk of
exports and assert that bills will be forth
coming when required by remitters. Lon
don was quiet, seller of international
stocks and the foreigner do not appear to
be able to recover from the shock given
by the passing of the Canadian Pacific
At do col los
count are placed at %, 900 to 25 900 shares.
Conspicuously weak stocks were New
York Central, the Changers. Baltimore
and Ohio, Chicago Gas, Lake Shore, Louis
vile and Nashville, Manhattan. Jersey
Central and Western Union. New York
Central fell to Az to 95$s, on unconfirmed
rumors of an issue of new stock. North
west sold down to / to sig; Burlington 1
TO $685.. Rock Island p to 4l12; and St
Paul to 54l. These stocks were influenced
by the rumorS OF a reduction in the St
Paul dividend. The directors do not meet
until March IA. next, and nothing official
can be obtained about the matter until
then. Baltimore and Ohio declined 2is to
557k But later rallied on semi-official
statements that the March interest was in
bank and that the company had not
borrowed a dollar for this or any other
chicago Gas sold IN to 72l4 on the cleo
ton of r. r. Lincoln to the presidency of
one of the subsidiary companies, and then
broke 10 7Oss on sales for both accounts
Louisville and Nashville opened per cent
lower a So dropped to 1928, and rallied TO
10. London was liberal seller. Lake
Shore. on moderate sales, declined pa to
i35L. Jersey Central first advanced to
ST. then fell to S35s. and recovered to
SAL The annual report now due viii show
il is said only / per cent. earned on the
stock.
moved up to 925s, but I'm the last hour it
suddenly ran off to 915s. After delivery
hour. the general list rallied ], to = per
cent, New York Central and Jersey Cen
trail leading, but when sugar dropped
noint or so the entire list weakened in
svnpatby. Speculation left off weak. Net
changes show losses of 14M2M per cent
Tobacco and New England gained = per
cent each. The first named was strength
ened at one time by the ABSORPTION Of the
Consolidated Cigarette and international
Machine Companies. The bond market
Vas weak. The sales of listed stocks aggre-
eated 1872 200, and of unlisted stocks $1,000
shares.
stocks and Bonds-American Cotton Oil
2O15: do preferred, 65@64l2; Sugar Refinery
as. do preferred 92M American Tobacco
S6ss do preferred, 10i; Atchison, ToDeiga
ana santa Fe. 80; Baltimore and Ohio.
NJ. Canada Pacific, 49,: Chesapeake and
ohio. 1914; Chicago ana Alton, l46; Chicago