The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-07-19
FINANCIAL.


market is steady Banks are buying at par
ana selling at Is per cent. premium up 10
S0i t91.. over 500. at 500 per $1,000.
LonoWlng are net Savannah Quotations:
commercial demand, &.s9; sixty days,
st t; ninety days, AS7la: continentals,
STEADY, francs, Paris and Havre, sixty
days, S7; Swiss, sixty DAYS. s. ~:
marks sixty days. IS BIG.
sescurlties-The market is very quiet and
State Bonds-Georgia AZ per cent. 1915
~ bid, - asked; Georgia per cent, 1896
iVz bid - asked; Georgia 3lz per cent.
long dates, l0lA bid 1929 asked: Georgia
81 per cent, 1915, lOlal bid. iO2iS asked.
city Bonds-New Savannah per cent
SS Se, coupons, 1861 bid, lO7 asked;
pons, 1914 bid. 1851 asked
Railroad Bonds-Savannah, Florida and
western railroad general mortgage bonds,
per cent, interest coupons 1871 bid.
asked; Atlantic and Gulf first mortgage
consolidated Z per cent. coupons, January
ana July maturity 1897, 1882 bid. 10415 asked;
central consolidated mortgage Z per cent.
coupons, January and July maturity, 1893,
70 bid, asked Central Railroad and
ranking Company collateral gold SIS. 80
bid, 80 asked; Georgia railroad Is, 1910 1lO
bld, Ill asked; Charlotte, Columbia and
augusta second mortgage, lis bid, III ask
ca; montgomery and Eufaula first mort
gage Endorsed per cent 106 bid 1O7 asked:
Georgia Southern and Florida first mort
gage per cent, trust receipts 102i5 bid,
1899 asked; Savannah and Atlantic IS, in
! Florida Endorsed frsts, log bid, asked;
| South Georgia and Florida second mort
gage, lO5 bid, asked; Savannah and
| Western IS, trust certificates indorsed by
Central railroad, 81 bid, 50 asked Sa-
vannah, Americas and Montgomery 6s, 81
bid, 81 asked; Ocean Steamship per cent.
Rome first Endorsed 6s, = bid. 30 asked;
Columbus and Western 6 per cent. first
guaranteed, 112 bid. ia asked; Augusta
mortgage bonds [a i% BID per asked c s
and Suburban railroad, first mortgage Z
| per cent. bonds, 50 bid, So asked: Electric
Midland per cent, 50 bid, 90 asked; Bruins
| Wick and Western IS. % asked; South
Bound railroad IS, 70 bid, 76 asked.
Railroad Stocks-Augusta and Savan-
nah per cent, guaranteed, so bid; 81 ask
| ed; Central common, IA bid, 1872 asked;
Georgia common. 1853 bid, - asked; South
| 81 asked; Central per cent. certificates,
% bid. Is asked; Atlanta and West Point
railroad stock, IS bid, 95 asked: Atlanta
and and West Point per cent. certificates
Bank Stocks Etc.-Citizens Bank. 1O5
bid. los asked; Chatham Bank, 4S%t bid,
| asked; Merchants National Bank, 100ia
bid, 1917 asked; National Bank of Savan-
nah. 1872 bid, = asked Oglethorpe Sayings
Bank and Trust Company, 100 bid, lOl
| asked; Southern Bank of the State of
| Georgia, 161 bid, 163 asked; Savannah
Bank and Trust COMPANY. 1O5 bid, -
| asked; Chatham Real Estate and I'm
provement Company, 523 bid, 5Sls asked;
| Savannah Construction Company, "a bid,
IS asked; Title Guarantee and Loan Com
New York, July 1s.-MQney on call was
| easy at 1Q1lz per cent; the last loan was
at per cent, and at the closing was Of
| 1904 per cent.
| Bar silver, &c.
| Sterling exchange steady, with actual
business in bankers bills at $4 S9G4. s9A for
| sixty days, and Sis0q40A for demand.
Posted rates, $iSs1sq4sols. Commercial
Government bonds, firm. State bonds
were quiet. Railroad bonds were strong.
Silver at the board was neglected.
| New York, July 1S.-The treasury bal
currency, s63, $50 OO6
New York, July 49, noon.-Erie 10; North
| western 9915; Northwestern preferred, 145;
Lake Shore, 15l; Norfolk and Western pre-
| ferred, l21a; Western Union, 81; Southern
Railway common 14A; Southern Railway
| more and Ohio, 621a; Canada Southern, "a;
| st. Paul, 6S%; Rock Island, Y; Delaware
and Hudson, 129A; Delaware, Lackawanna
and Western, 1921; Manhattan, ll2; Mich
igan Central, 100; New York Central, 101.
New York, July 1S.-rhe professionals
are still in control of the stock market,
| against the indnstrials, they ind but little
difficulty marking down quotations. Up to
| date the bears have had the best Of 1t and
to-day they succeeded IN forcing Leather
| preferred down points to S0la. ex-dividend
| of / per cent, on the semi-official state
ment that the company, in order to COM
plete its organization, Will have to issue
| 10000 additional common and 10000 addi-
| tional preferred stock. In Chicago Gas, the
bears met with greater opposition than of
| late, the stock rising to 5S9s0i52ss after an
| early break to 5l5s. Sugar first declined q
| to 10924, and then rose to Ill. with a reac-
| ton at the close to 1OS5k01O9lk Rubber
| Lead Distilling and General Electric were
| without important change. Cotton oil COM
mon was in demand, however, and on pur-
chases OF 1000 SHARES advanced "a to 25la;
| Consolidated Gas fell to 40 and closed at
1877 bid, and 1891 asked. Railway stock dis
| played considerable strength and at one
time showed advances of anywhere from
ing. The brilliant outlook for the crops,
and the increase in railway earnings is
making 1t difficult for the bears to disturb
long holdings. 1t was reported to-day that
w. H. Crossman e. Co., will probably ship
], 0O0, 600 gold, unless the firm can secure
the bills necessary to cover the demands
of its European correspondents 1t is un-
derstood the firm will ship the gold only
as last resort; 100000 gold was taken by
| Nesslage, Colgate & Co.. to be shipped by
the Etruria on Saturday and the Canadian
Bank of Commerce also withdrew $4,000
from the sub-treasury for shipment to Can
ada in connection with the Montreal Bank
failure. In the last hour of business the In
dustrials, particularly Sugar and Leather
preferred, were weak. but the general
market as of late, ruled firm Net changes
show advances in the railway list of Is to
q per cent, while the industrfals lost "a
| ia per cent. The bond market was higher.
Sales were $,136, 900 The sales of listed
stocks aggregated $4,000 shares, and of un-
listed stocks 81, 900 shares.
New York Stock List-Closing Bids
Stocks and Bonds-American Cotton Oil
25; American Cotton Oil preferred, 1872
Sugar Refinery, 100; Sugar Refinery pre-
ferred, 99&i; American Tobacco, 10Sb
American Tobacco preferred, Ill; Atchison
T. and S. b., 10; Baltimore and Ohio, 621z
Canada Pacific, 56A; Chesapeake and
Ohio, 211s; Chicago and Alton, 157; Chica-
go, B. and O., S6ss; Chicago Gas, 5214; Del
aware. Lackawanna and Western, 1921
Dis. Cat Feed, 20A; Erie, 80; Erie pre-
ferred, 221z; Edison General Electric, 1914
Illinois Central, So; Lake Erie and West
ern, 26%4; Lake Erie and Western pre-
ferred, S4$4; Lake Shore, $50; Louisville
and Nashville, 59A; Louisville and N. A.
so; Manhattan, 1lla4; Memphis and
Charleston, Is asked; Michigan Central
eel5; Missouri Pacific. 325s; Mobile and
Ohio 231a; Nashville, G. and St. l., g.
: United States Cordage, l; United States
Cordage preferred, IA; New Jersey Cen
trail, 1908; New York Central, 1904 New
York and New England, As; Norfolk and
Western preferred, 1872; Northern, Pacific
| AZ; Northern Pacific preferred, 1875
Northwestern, 1915; Northwestern PREFER
ed. 145: Pacific Mail, 2Sl5; Reading. 1875
Rock Island, IFS; St. Paul. 6s9s; st. Pau
preferred, 122A. Silver Certificates, 81
| I~appaeeaa Coal and Iron 1885,. Tennessee