The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-02-03

Savannah, Feb. 2-Money is in fair de-
mand; call loans, S per cent.
Domestic Exchange-The tone of the
market is steady. Banks are buying at
l-lb per cent. discount, and selling at lis
premium for amounts of $500 or over.
Foreign EXchange-The market is firm.
The following are net Savannah quota
tons: Commercial demand, S4s7ll; sixty
days, 4.S612; ninety days, S4 500; CONT
nnfe d,t steady francs, Paris and
daVre, sixty days, 5.l75s, Swiss, sixty
days, S5.1S&; marks sixty days, 95A.
Securities-Market quiet and dull
state Bonds-Georgia Az per cent, 1915,
1896, 1924 bid 1861 asked Georgia 81 per
cent long dates. 10l bid, 102 asked.
City Bonds-New savannah per cent.
April coupons, 1851 bid, l06 asked; new
bid, 1906 asked
Railroad Bonds-Central Railroad and
Banking Company collateral, gold IS, 50
bid, 50 asked; Central consolidated mort
gage Z per cent coupons. January and
July maturity 1884, bid, asked; Sa-
vannaE and Western railroad per cent
trust certificates, so bid. y asked: So
vannah, Americas and Montgomery per
cent, 50 bid, - asked; Georgia railroad
per cent, 1870 100 bid, no asked; Georgia
Southern and Florida, first MORTGAGE 6
per cent, 81 bid Sc asked; Montgomery
and Eufaula first mortgage 6 per cent,
tndorsed by Central railroad, 1885, bid, 105
asked; Augusta and Knoxville first mort
gage per cent, bid, 1925 asked;
Ocean Steamship per cent, due 1920, 97lb
bid 98l5 asked; Columbus and Rome FIRST
mortgage bonds indorsed by Central rail
road, - bid, 4S asked; Columbus and
Western per cent. guaranteed, 109 bid
10 asked; City and Suburban railway first
mortgage Z per cent, bid, So asked ;
Savannah and Atlantic > per cent. in
dorsed. - bid, 81 asked; Electric railway
first mortgage IS, - bid. asked; South
Georgia and Florida first mortgage per
cent, l07 bid, = asked; South Georgia and
Florida second mortgage los bid - asked;
Alabama Midland, $50 bid, 81 asked
Brunswick and Western is, guaranteed, Y
asked.
Railroad Stocks-Central common. Il
bid. l51a asked; Augusta and Savannah z
per cent, guaranteed 80 bid S3la asked
Georgia, common, 1856 bid, 100 asked; South
western per cent, guaranteed, including
order for div, bid, So asked: Central 6
per cent. certificates, with order for de-
faulted interest, r bid, 10 asked; Atlanta
and West Point railroad stock, 81 bid IS
asked; Atlanta and West Point per
cent. certificates, "a bid, IS asked
80 Bank Stocks, Etc.-Gitizens Bank.
i9l bid i9lA asked; Chatham Bank,
1922 bid. 1882 asked Merchants National
Bank, 81 bid. 80 asked National Bank
Oglethorpe Savings and Trust Company,
81 bid, 80 asked; Southern Bank of the
State of Georgia, l62 bid, 100 asked; Savan-
nah Bank and Trust Company los bid lO6
asked; Chatham Real Estate and Improve
ment Company, 5lia bid. 52i5 asked; Sa-
vannah Construction Company, "A bid.
70 asked; Title Guarantee and Loan Com
pany, Is bid. SO asked.
London, Feb. Bar silver, market
steady, quoted at 271sd
New York, Feb. 2-Money on call was
quoted at 112G2 per cent Prime mercan-
tile paper, 5lgq+ per cent. Sterling ex-
change, weak, with actual business in
bankers bills at Sts71ad4.Ss for sixty
days, and SiSslzQ4.s9 for demand: posted
rates, S4.SSd4S9l2. Commercial bills, 81 S714
d4S7I5. %
Bar silver, soc.
Government bonds were weak; state
bonds were dull; railroad bonds were
strong.
Silver at the board was quoted at 6Olsc
New York, Feb 2-The weekly state
ment of the Associated Banks shows the
following changes:
reserve, decrease 50, 12S $50
Loans, increase .................... 1S6So0
specie, increase ACKNOWLEDGEMENTS. 300
Legal tenders. decrease ......... u. 645 ZOO
Deposits, decrease ................ Il, SAT 400
The banks now hold SIS, Isl. 800 in excess S5VSg
of the requirements of the % per cent.
rule
New York, Feb. 2.-Noon.-Erfe. 10.
Northwestern, 96s4 do preferred, 142: Lake
Shore 1877; Norfolk and Western, pre-
ferred, Is; Western Union, S7s4; Southern
Railway, common, 10ls; Southern Railway,
preferred. 323s; American Sugar, 9l%
Baltimore and Ohio, 621a; Canada South
ern, 1914; St. Paul, 56S; Rock Island 6S84 :
Delaware and Hudson, l29; Delaware,
tan, los; Michigan Central, 95 New York
Central, 100.
New York, Feb. 1T was day Of wait
ing in the financial circles, operators not
being disposed to extend their lines pend
ing some news from Washington in the
matter of a bond issue. Assistant Secre-
tary Curtis returned to the city from
Washington, but up to the close of the
market he had not put in an appearance
at the sub-treasuIy, and Of this thought
the chances were against his coming down
town during the day. The impression on
the street was that he was in consultation
with the representatives of the foreign
bankers at one of the uptown clubs. But
little information of a reliable chara cter
was to be had, and speculation suffered
in consequence. In the absence of def
mite news, some operators were disposed
to take profits, and a rather irregular
market resulted. There were some firm
features, however. notably Sugar, Chica go
Gas, General Electric, Tobacco and Distil-
lers. Sugar rose to 80, Chicago Gas 10
1875, General Electric TO 309s and Distilers
to ga. The admissions made by Presi-
dent Greenhut to Judge Grosscup in Chi
cago did not surprise the street any, and
the idea is spreading that the company is
IN better condition than its former man
ayers would have the outside public he
ileve. The Hartshorn committee II is I'M
derstood stand ready to prove that the