The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-01-22
FINANCIAL.

FINANCIAL.
Savannah, Jan. a-NIoney is steady.
Domestic Exchange-Tne tone Of the
market is steady. Banks are buying at
lilo per cent. discount and selling a LIE
premium for amounts Of $500 or over.
Foreign ENchanCe-The market is
firm The following are net savannah
quotations. Commercial. demand. 81 SSis.
sixty days, &N7l2; ninety days. 81 S57s
continentals, depressed; francs Paris and
Havre. sixty days, $51734. swiss, sixty
days, $5l9; marks sixty days 95li.
State Bonds-Market Is quiet and
i14Ia bid 49, asked: Georgia Der cent
1895. lO3i2 bid, 1851 asked Georgia So per
cent long dates 100 bid. 101 asked
city Bonds-New Savannah per cent
quarterly ex-January coupons. l05l2 bid, r.
asked; new savannah 3 per cent Febru-
airy coupons 1852 bid. 107 asked.
Railroad Bonds-Central Railroad and
Banking Company collateral. gold u.s. IS
bid IS asked; Central COnsol dated mort
July maturity 1895. 1l9 bid, p asked; Sa-
vannah and Western railroad per cent
trust certificates, 50 bid, j6 asked: Sa-
Vannah. AmeTcus ana Mojgomery 6 per
cent - bid. y asked; Georgia railroad
6 per cent 1910, 40 bid, III asked. Georgia
Southern and Florida, first mortgage
per cent, 81 bid, 67i2 asked, Montgomery
and Eufaula first mortgage g per cent.
indOrsed by Central railroad, 1G4 bid, l05
asked. Augusta and Knoxville first mort
gage per cent. 100 bid, 1913 asked: Ocean
9sia asked; Columbus and Rome first
mortgage bonds. indorsod by Central rail
road. hd. 43 asked, Columbus and
Western per cent. guaranteed 100 bid
10 asked; City and Suburban railway FIRST
mortgage Z per cent, r bid. 81 asked;
savannah and Atlantic s per cent, in
dorsed, bid. 81 asked; Electrie railway
first MORTGAGE 6s. - bid - asked South
Georgia and Florida first mortgage Z per
Florida second mortgage lO5 bid = asked:
Alabama Midland. SSi2 bid, 81 asked Bruins
wick and Western is, guaranteed. 70
Railroad stocks-Central. common. Is
bid, II asked; Augusta and Savannah Z
per cent, guaranteed, 50 bid, s. eX-divi-
tccd. including order for div. = bid. 73
asked; Central s per cent certificates,
with order for defaulted interest, p bid,
% asked: Atlanta and West Point "a.
road stock. 50 bid, 81 asked. Atlanta and
West Point per cent certificates "a bid,
Bank stocks. Etc-Citzeas Bank. ex.-
div. 100 bid, 1Gl asked; Chatham Bank
ex-div.. As bid, 40 asked; Germau.a Bank.
1929 bid, 1882 asked; Merchants National
Bank, eX-div. IS bid, % asked National
Bank of Savannah, l29 bid, 1902 asked;
Oglethorpe Savings and Trust Company,
eX-div., q bid, IS asked, Southern Bank
of the State Of Georgia, eN-diV., 1862 bid,
165 asked; Savannah Bank and Trust
Chatham Real Estate and Improvement
Company, eX-div., 5li2 bid, 52la asked; Sa-
vannah Construction Company "a bid
- asked; Title Guarantee and Loan Com
pany rs bid, 50 asked.
New York, Jan. 2l-Money on call was
easy at l01A per cent; the last loan was
at per cent, and at the closing it was
offered at l per cent
Prime mercantile paper 3a4 per cent.
Bar silver 5934c.
Sterling exchange firm. with actual bus
mess in bankers bills at S4.SS0ASSii for
sixty days and As8a404S9 for demand
Posted rates, A4eF1 t.3V
Commercial bills, $i.S7G4S7a4.
Government bonds were steady; state
bonds were firm railroad bonds were
Silver at the Board was quoted at 6olsq
New York. Jan 21.-The treasury bal
ances were as follows: Coin. $l2S2,000;
currency, 600.
New York Jan. 21.-Speculation at the
stock exchange was dull again to-day, the
transactions having aggregated only l0S,
600 shares. At the opening the market was
heavy, prices declining Il to ia per cent, /
Jersey Central and Union Pacific leading
The loss was partially recovered before II
o'clock. Sugar Chicago Gas, Manhattan
and Union Pacific, displaying strength. |
The Improvement was due in Sugar to a
favorable decision by the United States |
supreme court in the well known Phila- |
eral Olney, under the Sherman antitrust
law. The court sustains the position of
the sugar company. Chicago Gas rose to !
74it on the reiteratiOn of the rumOrs that /
insiders were inclined to adjust the exist !
ing differences. A conference OF the par !
ties interested is slated for this week. |
Union Pacific first broke TO e94, and later
rallied to 92s. LtQuldatcnS account Tor I
the continued weakness OF this speciality.
In the closing hour Of business the mar |
let was heavy and especially for Sugar. /
Coicaeo Gas the Anthracite Coalers, and |
the Changers. the decline being accelera- |
ted by the break in wheat ana rumors OF |
financial troubles in san FRANCISCO. The |
market closed weak with prices anywhere |
from, !. TO Oh per cent. lower on the day. |