The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-06-12

Money steady, with a feir demand.
domestic ENchange-rhe tone OF the
Ihet Is STEADY. Banks are buying a.
par ana selling at Is per cent. premium up
10 S9'UWi over 5000 AT Sl.OJ per $3.50.
Foreign EXchange-Market hrm. The
IoIIo"hS are net Savannah quotations
StV II. demand, SiSS sixty days.
St-eo, ninety days, S4.Sl2; continentais
Steauy francs, Paris anu Havre, Sky
Jay 5 S9.lti Swiss, sixty days, Sis:
mark $3.50, sixty days. IS $40.
hrm Tor Central issues
State Bonds-Georgia, ~ per cent. 1912
I 10. BID, 10 asked; Georgia. per cent,
1880, 100 bio, lO6 asked; Georgia 80 per
cent, long dates. 1922 bid, 1885, asked
Clty bonds-New Savannah per cent
July coupons, lOIl2 bid. - asked: New Sa-
h,d . per cent, August coupons, lU1l2
Railroad Bonds-Central Railroad and
bahklng Company collateral. gold s.. So
l Dlu, w ASKED Central consolidated m 0rt-
july maturity, IA bid, asked; SaVa
nan ana w estern railroads. per cent, trust
ceiuncateS, % bid, 81 asked: SaXann m
HA.IIneLlcuS and Montgomery, per cent, IS
Do % asked; Georgia railroad. 6 per cent.
lSlO, llu12 bid, ll2 asked; Georgia South ern
ana Florida first mortgage per cent 80
pa. ~ asked; Montgomery and Eufauia
nrSt mortgage per cent, Endorsed ny
central railroad, - bid lO3 asked; Augiis-
Ia and Knoxville first mortgage Z per
cent 100 Did, lOl asked; OceGn Steamship
y ~ NNAAN-f uut lJ-Ns .f-a DlQ. ISL asked.
columbus and Rome first mortgage bonds
lhqorsed by Central railroad, bid IS
asked; Columbus and Western per cent
guaranteed, - bid, ll2 asked; City and SUI
Durban railway, first mortgage per cent,
- bid, 30 asked; Savannah and Atlantic 5
per cent, Endorsed .17lR bid asked; fsle,-
trlc railway first mortgage 6s, 30 bid. So
asked South Georgia and Florida first
mortgage per cent, los bid - asked;
South Georgia and Florida second
mQrtgage, lO5 bid, asked; South Bound
railroad 5s; indorsed. 7il2 bid 1872 asked;
Alabama Midland, SO biz, so asked; Bruns-
asked.
Railroad Stocks-Central common. -
bld' II asked; Augusta and Savannah I
per cent, guaranteed; 70 bid, 50 asked;
Georgia, common, 160 bid 1872 asked;
southwestern Z per cent, guaranteed. in
Guiding order for div. 70is bid 7lib asked. ,
Central 6 per cent, certificates. with or
der for defaulted interest 1872 bid. -
asked; Atlanta and West Point railroad
stock, 93ls bid, "a asked Atlanta and West
Point per cent certificates. SO bid, "a
Bank Stocks, Etc.-Citizens Bank, IOi
BID lO41e asked; Chatham Bank, 4Sl4 bid,
1874 asked; Germania Bank, 1913 bid lOi
asked; Merchants National Bank 100 bid
lOl asked; National Bank, 100 bid lOi
asked; National Bank of Savannah l3,
bid, 1873 asked; Oglethorpe Savings and
trust company, 100 bid, 10l asked; South
ern Bank of the State of Georgia, 165 bid
l65 asked; Savannah Bank and Trust
company, JOS bid, - asked cha than Real
Estate and Improvement Company 53i5
BID, 5il2 asked; Savannah CONSTRUCTION
company, "A bid, 1912 asked; Title Guaran-
tee and Loan Company, 80 bid, 81 asked;
Brush Electric Light and Power Com
pany SO bid, 81 asked; Savannah Gas
Light Company, 20 bid, p asked: Savan-
nah Brewery Company, 97i2 bid. 9si5 asked
New York, June l1.-Money on call was
easy. at lqll2 per cent; the last loan was
at ll2 per GENT, and at the closing was Of
Tered at " per cent. Prime mercantile
paper Sd3i2 per cent. Bar silver. $3.50
business in bankers bills at 81. SSL4 al SSlh
for sixty days and s4s9d4 s9i4 for demand
Posted rates, S4.Ssq4sO Commercial bills,
Government bonds, firm; state bonds
were quiet; railroad bonds were strong.
Silver at the board was quiet.
New York, June 1.-THE treasury bal
ances were as follows: Coin, 1872, 376. COO;
currency. s65, $50, 900.
New York, June Il. noon.-Erie, 1915;
ferred, 1854 Lake Shore, 1857; Norfolk
and Western preferred, Is; Western
Union, 93Ia; Southern Railway common,
1873; southern Railway preferred. 10;
Ohio. 6212; Canada Southern. $3.50; ST.
Paul, 6724; Rock Island, 7034: Delaware
and Hudson, 1881; Delaware, Lackawan-
ma and Western, 100; Manhattan. Iii;
1919.
New York, June 1.-THE government
crop for June was more favorable than
generally expected in view of the sensa-
tional rumors set afioat during the past
few weeks by the bulls on wheat, and
accordingly the shorts in the Changers
set diligently to work to cover up CON
tracts put out on the stories of serious
damage to the crop. This was the main
reason for the strength of the stock, but
in addition there were other factors al
work. The advances in wages announced
daily by the leading manufacturers of the
country and the steady rise in the prices
for iron and steel products also stimulated
purchases of securities. The features
of speculation, however, were the GranZ-
ers, and of these. Burlington and Quin,v
was the favorite. The stock moved lp
from S2A to S5ls on transactions of a.
800 shares, the heaviest days business OF
a long time. The largest buyers was said
to be well-known Chicago capitalists
identified with street railroad interests.
Other specially strong stocks were LOUIS
vile and Nashville. Western Union, Or
egon Navigation, the Vanderbilts, Pacific
Mail Tennessee Coal and Iron. Mannat-
tan, New England and the Northern Pa
cihc, SuSquehanna and Western On the
other hand was Steadier and recovered
to 242s on reiterated statements that a
practical railroad man is to succeed Pres
ident Borg, and that the company had
secured fresh financial backing. The In
dustrials were strong for Tobacco and
Sugar. Chicago Gas first declined y to
1884 on the veto of the consolidated bill
and later, returned to 743s Speculation
closed strong with prices for the prom
lnent issues i4NiZta per cent. nlBneT on the
day. In the inactive issues Great NORTH
ern preferred rose to 100, and Oregon
Navigation pa to 50. Sales were 302 i53
shares, including 46, 800 Burlington, 1880
ST. Paul. 20,600 Sugar and 1900 Rock IS
land. The market for bonds was active
and strong, tre nsaction footing up 81. SOL
600. The sales of listed stocks to-day ag-
gregated 26S,0O0 shares and unlisted stocks
New York Stock List-Closing Bids
Stocks and Bonds-American Cotton Oil,
q; American Cotton Oil preferred, 73l2;
Sugar Refinery, 1884 Sugar Refinery
preferred 1915: American Tobacco, 1154;
American Tobacco preferred, 114la; Atch-
ison T. and S. F., 1914; Baltimore and
Ohio 63; Canada Pacific, 81; Chesapeake
and Ohio, 23ai Chicago and
Alton. $50; Chicago. B. and O., S4%,
Chicago Gas. 74A; Delaware, Lackawan-
ma and Western, 100; Dis. Cat. Feed, 1873;
Erie, 111s Erie preferred, 25; Edison Gen
Electric, 96I9; Illinois Central. 96; Lake
Erie and Western, 24lz; Lake Erie and
Western preferred, SO; Lake Shore, l47;
Louisville and Nashville, $50 Louisville
and n. A, go Manhattan, 1l414; Memphis
and Charleston, Is asked; Michigan Cen.
trail. 100: Missouri Pacific, 2S7s; Mobile and
ohio 241a; Nashville, c. and St. Louis. 6;
United States Cordage, rs; United States
Cordage preferred. 32s; New Jersey Cen
trail. 9915: New York Central. 1924; New
York and New England, "A; Norfolk and
Western preferred, 49,; Northern Pacific
rrofarwad N.