The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-01-29
FINANCIAL.

]
quolaIons; Commercial demand, s. ssh,
sixty days. &STls; ninety days. s4S7E:
eeonEnentals. depressed; francs. Paris and
h5avre' sixty days, S175s; Swiss. sixty
Gays so.h'ss marks. sixty DAYS. 95Iz
Securites-Aarlxet steady; fair demand
Ior state and municipal bonds and bank
State Bonds-Georgia, ~ per cent. 1915.
1ltl2 I'D ll5la asked; Georgia per cent
cent, long dates, l0l bid, ZOE asked
CITY Bonds-NeW savannah 5 per cent
a a5ts7. &c. coupons 70 lgS15 bid, lo6
airy coupons, 1862 bid. 107 asked
Railroad Bonds-Central Railroad and
Banklng Company collateral, gold IS, So
case Z per cent coupons, January and
vannah and Western railroad ) per cent
trust Sertihcates- 80 bid, IS asked, Sa-
vannahs Amer.cus and Motgomery 6 PEI
cent, 50 bid, y asked; Georgia railroad
per cent, 1916, 100 bid, 10 asked; Ceorgia
Southern and Florida, first mortgage 6
per cent, s. bid, 81 asked; MONTGOMERY
and Eutaula nrst mortgage s per cent
indorSed BY Central railroad. 103is bid los
asked; Augusta ana Knoxville first mort
gage z per cent, 1oll2 bid, 103 asked. Ocean
SLearns MP 3 per cent, due 1920. 971s bid
sSi2 asked; Columbus and Rome frst
mortgage bonds. indorsed by Central rail-
road, bid, - asked Columbus and
Western 8 per cent guaranteed. l09 bid
mortgage per cent, bid, S. asked
Savan nah and Atlantic per cent in
dorset, bid. 81 asked; Electric railway
Georgia and Florida first mortgage per
cent, LOG BID. - asked; South Georgsa ans
Florida second mortgage. 105 bid, = asked
a: ked. q
bid, II asked; Augusta and Savannah
Per cent. guaranteed, 81 bid IS ex-dix,i
depd asked Georgia, common, l56 Sid, lao
asked; Southwestern Z per cent, guara5s
teed, including order for div. 70 hid n
asked; Central 6 per cent. cert.fcafes
with order for defaulted interest. y BID
road stock, 81 bid. S. asked: Atlanta ana ana
West Point per cent. certificates. "a BID,
Bank Stocks. Etc.-Citizens' Bank
100 bid, l0l asked; Chatham BANG Bang
LORE bid. 1861 asked; Merohants Nat ioI5ai
Bank of Savannah 100 bid. 18l asked
| Oglethorpe Savings and Trust Company
| 81 bid, 50 asked; Southern Bank Of the
state or George, lb2 BID, l65 asked: Savan-
nah Bank and Trust Company los bid 1eS
/ asked; Chatham Real Estate and Improve
ment Company. 5l1s bid, 52l6 asked; Sa-
| vannah Construction Company, "a bid
! 70 asked; Title Guarantee ana Loan Com
pany, Is BID. so asked.
London, Jan: 2s.-Bar silver was quoted
| New York. Jan. 2S-Money on call has
| been hrmer at las per cent. last loan was
! at per cent, and at the closing was Of
Tered at per cent. Prime mercantile
paper is quoted al Sa4 per cent.
Bar silver, 5y1ac. Mexican dollars 45isc.
| business in bankers bill. $4.S8ia for sixty
| days and 81 S9A Q4S9la for demand: posted
rates, 5S912G4.sOl2 Commercial bills,
Government bonds We're weak: state
BONDS We're steady; railroad bonds We're
Silver at the board was quoted at 59sl
New York. Jan. 2S-The treasury bal
| ances We're as follows: Coin, SCI, S96, 600;
New York. Jan 2s.-Noon.-Erie. sss;
| Northwestern, 95ss; do preferred, 1872
| Lake Shore, 1873; Norfolk & Western, pre-
| Railway, common, 81 Southern Railway,
| preferred, 32la; American Sugar, SS12; Balti-
more & Ohio, g; Canada Southern, 10;
! St Paul, 55ssi Rock Island, g.; Delaware
4 d Western. 1857; Manhattan, l06; Michi-
gan Central. 95 New York Central, 999s.
| New York, Jan. pa fresh attack was
made on the stock market at the start
| on the heavy Withdrawals of gold from the
sub treasury. and the engagement Of
| S4,5OCOOO for shipment to Europe by the
Lain and Majestic. The early loss in
! prices ranged from "a to 1s4 per cent.
! Lead and Jersey Central being the great
| est sufferers. An advance in the posted
| rates of Sterling Exchange OF 15c for The
| 1851 and A.90l5, and selling of securities
| of foreign accounts also operated against
! the market at this time. Subsequently
a steadier tone prevailed and just previous
to the publication of the Presidents mes
| sage on the treasury situation, the whole
| list moved up rapidly under covering for
! the account of professional operators,
! who expected a sharp rally to follow the
! Presidents recommendatons. The i'm
] proVement ranged from y TO l9s per cent,
/ Lead again being d feature. The Presi-
! dents message was we'll received and gem
| orally commended in financial circles,
| but there was d disposition to disapproVe
| of the recommendations for small silver
notes. Later on advices from Washington
were to the effect that the Presidents
suggestion would not receive immediate
! attention. and the silver men would fight
| the gold bond issue, al same time money
! shot up TO per cent. This led to re-
newed liquidation and In the last hour
| Of business the market was heavy. Elec-
! trio dropped So; Lead, rs; Chicago Gas,
! IA; Iackawanna, 2; Lake shore, IL; Jer-
| sey Central, IA; Southern Railway, pre-
! ferred, 2is; Louisville and Nashville, .;
Missouri Pacific, rs, and Tennessee Coal,
| IL Speculation closed weak, with prices
| at about the lowest Of the day. Net
! changes show declines of 1 10 53s per
| cent. General Electric leading; Big Four,
Manhattan. Reading and Paclfo Mail
rose 4 to z per cent. In the inactive
list, Great Northern, preferred, dropped
to 100 The advance in money IS by no
means an unmixed evil as in normal
ling Exchange and thus check the efnux
Of gold. The Withdrawals Of gold from
the sub-treasury we're S3,750000 gold coin.
and. $751; 500 bars for jewellers. The bond
market was weak. The sales of listed
stocks aggregated 131OOO shares unlisted
1900 shares.
follows:
66d67; Sugar Refinery, S9ss do preferred,
81: American Tobacco, 50; do preferred,
los; Atchison, Topeka and Santa Fe. 4;
Baltimore and Ohio, 621z; Canada Pacific,
s.; Chesapeake and Ohio, 49,, Chicago
and Alton, l471s; Chicago, B. and @, 7Ozs;
Chicago Gas. 715s Delaware, Lack. and
Vest 157; Dis. Cat. Feed, ess Erie, 50;
do preferred, 20; Edison Gen Electric,
2esl Illinois Central, 81; Lake Erie. and
west. 15s4: do preferred, 6S24 Lake Shore,
1876; Louisville and Nashville, 52ss; Louis.
and n. A. Z; Manhattan, los; Memphis and
Charleston 70, Michigan Central. 90; Mis-
Nashville. c. and St. Louis, g; United
States Cordage, ~; do preferred, s. New
Jersey Central S6l4; New York Central,
s9ss !: New York and \. 2, pa; Norfolk,
ana West. preferred, 1872; Northern Pa
cific, 2%; do preferred, 49,; Northwestern,
q: DO preferred, 1882; Pacific Mail 201?;
Reading. g; Rock Island, 61H; St Paul,
55iS: 10 preferred, 118; SILVER Certificates,
59s2. Tennessee. Coal and Iron, l412; do do
nreferred. 70 asked; Texas Pacific, SO;
f-nion Pacific, 50; wabash, St. L. and p,
a.: do do preferred. IS; western Union,
Ss5i Vheeljng and L. E, 9Ss, do do pre-