The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-04-04
FINANCIAL

japan, 44ai12.
FINANCIAL.
Money is steady. with fair demand.
Domestic ENchange-The tone of the
market is steady. Banks are buying at par
and selling at Is per cent. premium.
Foreign Exchange-Market firm. The
following are net Savannah quotations:
Commercial demand, Sassy sixty DAYS,
$4Sls4; ninety days, &.S6l5 contlnentals.
steady; francs, Paris and Havre, sixty
days, SISSY; Swiss, sixty days, S. 20;
marks, sixty days, 95 3-16
SecuTities-The market is steady. but
dull. Central issues are inclined to be
nominal; Southwestern, weak
State Bonds-GeOrgia, AZ per cent, 1915,
lliA bid, ll5ls asked: Georgia per cent,
1885, l0i bid, los asked; Georgia 31a per
cent. long dates. 10lls bid, 1929 asked.
City Bonds-New Savannah per cent
July coupons, 1851 bid, 1888 asked; new
savannah . per cent. May coupons, 1854
bid, 107 asked.
Railroad Bonds-Centrai Railroad and
Banking Company collateral gold IS, SO
bid, 50 asked; Central consolidated mort
gage Z per cent coupons, January and
July maturity, 122 bid, asked: Savan-
nah and Western railroad per cent. trust
certificates, bid, sc asked; Savannah,
Americas and Montgomery per cent, AZ
bid, 40 asked; Georgia railroad per cent
1910, : bid. 10 asked; Georgia Southern
and Florida first mortgage 6 per cent. So
bid, Sc asked; Montgomery and Eufaula
first mortgage o per cent, Endorsed by
Central railroad, 80 bid, 100 asked; Au-
gusta and Knoxville first mortgage 7 per
cent, - bid, 100 asked Ocean Steamship
5 per cent, due 1920. 9Ila bid, 9SIk asked:
Columbus and Rome first mortgage bonds,
Endorsed by Central railroad. bid, 43
asked; Columbus and Western per cent
guaranteed ITO bid, 112 asked; City and Su-
burban railway first mortgage Z per cent.
- bid, IS asked; Savannah and Atlantic
per cent. indorsed Is bid, 20 asked; Elec-
trio railway first mortgage 6s. bid, -
asked; South Georgia a, and Florida first
South Georgia and Florida second mort
gage, los bid, 100 asked; Alabama Midland,
= bid. 81 asked; Brunswick and Western
As guaranteed. " asked.
Railroad Stocks-Central common, II
bid, 1917 asked, Augusta and Savannah
Georgia, common. 157 bid. l59 asked: South
western per cent. guaranteed. including
order for div, SO bid, 20 asked Central
per cent. certificates, with order for de-
and West Point railroad stock, 80 bid, SO
asked; Atlanta and West Point 6 per
cent. certificates. SO bid, 81 asked
Bank Stocks Etc.-Citizens Bank,
1929 bid l03I2 asked; Chatham Bank,
As bid. 46 asked; C6ermania Bank
1924 bid, 103 asked Merchants National
Bank, 9S bid, 100 asked National Bank
of Savannah, 131 bid, asked
Oglethorpe Savings and Trust Company,
IS bid. 100 asked; Southern Bank of the
State of Georgia, 164 bid, 165 asked: Savan-
nah Bank and Trust Company, los bid, LOG
asked; Chatham Real Estate and Improve
ment Company, 50 bid, 50 asked; Savan-
nah Construction Company, bid, rs
asked, ex-dividend asked; Title Guarantee
and Loan Company Y bid, 70, ex-dividend,
asked. Brush Electric Light and Power
Company, 80 bid, 81 asked; Savannah Gas
Light Co, 20 bid, q asked
New York, April 3.-Money on call was
easy, at 2(t212 per cent; the last loan was
at per cent, and at the closing was
offered at 2 per cent. Prime mercantile
paper. 4A@5Ac; bar silver 6612c Sterling
exchange, firm, with actual business in
bankers bills at S4SSAQ4. ssh for sixty
days and S4S9j 46I4S9lA for demand. Posted,
SLS9G49019. Commercial bills. $4S7146i4. S7&.
Government bonds, firm. State bonds
err Silver at the board was sold at 66Ac.
New York, April 3.-The treasury bal
anees were: Coin, $S59S6,OOO; currency,
New York, April 8. Noon.-Erie, 10;
Northwestern, 9134 do preferred, 1S9; Lake
Shore. 1877; Norfolk and Western, 1875;
common, 1lB; Southern Railway, pre-
ferred, 33s4; American Sugar, 101%; Bal
timore and Ohio. SO; Canada Southern.
49,; st. Paul. ,57A; Rock Island, 637s;
Delaware, Lackawanna and Western.
16l; Manhattan. HOE; Michigan Central.
80; New York Central, SO.
New York April 3-The stock market
was irregular and choppy to-day. At the
opening a weak tone characterized the
trading, owing to the poor March state
ment of the st. Paul and Rock Island
roads and some selling for foreign, ac-
count. The St. Paul reported a decrease
of $259,559 and the Rock Island $313,SH for
larger
than expected The loss in the prices Of
Changers, however was unimportant and
at the close these issues were very it
tie below yesterdays final figures As a
rule, after the opening, they became
strong, notably for Tennessee Coal and
Iron Kansas and Texas preferred To-
bacco and Chicago Gas The last named
was firm on talk about the dividend and
Kansas and Texas preferred moved up a
point on foreign buying. American Sugar
was again a FEATURE $1,000 shares being
frn6 h6 There a cylp
in the stock. The price opened at 1022sGf
102, fell to 1914, rose to 1925 and receded
TO l017s, a net loss of q per cent. for
the day. The room story is that the in
siders are not in sympathy with the eff
forts made to advance stock, claiming
that trade conditions do not warrant any
bull movement in the shares 1t was re-
ported to-day that a Philadelphia refin-
cry had shut down, and that others will
fined in the local market is shade lower
General Electric was heavy, falling from
1854 to 1914 on sales of is, 500 shares Ru-
NOR had it that the annual report now due
will not be so favorable, and that the
chances of an amicable agreement with
the Westinghouse were not as good as a
week ago. The heevinesS of the stock
finally affected the general list and in
the last hour there was an increased pres
sure to sell, and prices fell ANi% per
cent, New England and the Anthracite
Coalers being especially weak. In regard
to the latter, the usual rumOrs about the
Anthracite Coaler situation were afioat,
Out nOlliilB VI al OiAlNldi Illdi dtlcI :
to the final disposition of the important
allotment question came to light. Man
haitian rose steadily from 40 to 1lSis. and
closed at the top of the day. the rise be-
ing ascribed to covering OF long out
standing short contract. New York and
New Haven, which last sold al 1861.
brought POI and closed at that price bid
Metropolitan Traction sold at $50 for "a
single hundred shares, against 81 last
night. The market closed irregular. but
IN the main weak. Net changes show
losses OF iiG2 per cent. General Electric
leading. Manhattan rose 29s, Tennessee
day. Total sales were is5.126 shares The
bond market was irregular. The sales
Of listed stocks aggregated $4,000 shares
81 lie q ~ 49,.