The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-03-07
FINANCIAL.

New York. March 6-Rice, firm quota
tions, unchanged.
FINANCIAL.
Money is steady. with fair demand.
Domestic EXchange-The tone of the
market is steady. Banks are buying at
par and selling at Il per cent premium
from 500 to $1,000; for larger amounts.
$50 per $1,000.
The following are net Savannah Quota
tons: Commercial demand, Sass; sixty
day, ,s4S7; ninety days, $iS6ll; CONT
Havre sx StSa9 days s5 SWISS PaEs s 5P9
days, S0.l93a marks, sixty days, 80.
Securities-Market is quiet and very
State Bonds-Georgia. a. per cent, 1915,
ia bid, 1l5 asked; Georgia Z per cent,
1928, 1o4ls bid, 1861 asked; Georgia 319 per
cent long dates, 10l12 bid, 1922 asked.
City Bonds-New Savannah 5 per cent.
April coupons, 1852 bid, 1862 asked; new
savannah per cent. May coupons, 1851
Railroad Bonds-Central Railroad and
Banking Company collateral gold IS, 30
gage Z per cent coupons. January and
July maturity 100 bid asked: Sa-
vannaE and Western railroad per cent.
trust ceruhcates. 50 bid. 50 asked; Sa-
vannah, Americas and Montgomery 6 per
cent, AZ bid, 40 asked; Georgia railroad
6 per cent, 1910, l09 bid, 10 asked; Georgia
Southern and Florida, first mortgage
per cent, SO bid IS asked; Montgomery
and Eufaula first mortgage per cent,
lnQOISeQ DN OenITEl railroad, Jul bid. liE
asked; Augusta and Knoxville first mort
gae per cent, 100 bid. 102 asked;
ocean Steamship per cent, due 1929 J75s
bid, 9Si5 asked; Columbus and Rome first
mortgage bonds, Endorsed by Central rail
road, bid, AZ asked; Columbus and
Western per cent, guaranteed, 1O7 bid.
mortgage per cent, bid IS asked
Savannah and Atlantic per cent, in
dorsed. 10 bid, 20 asked; Electric railway
first mortgage 6s, - bid, asked; South
Georgia and Florida first mortgage per
cent, 109 bid, 40 asked; South Georgia and
Florida second mortgage, Jos bid, 1O9 asked;
Alabama Midland, $50 bid, 81 asked.
Brunswick and Western As. guaranteed. q
asked.
bid 151a asked; Augusta and Savannah
per cent, guaranteed, 70 bid. 81 asked;
Georgia. common, 157 bid. 159 asked; South
western per cent, guaranteed. including
order for div, 67l2 bid, 68l2 asked; Central
per cent. certificates, with order for de-
faulted interest, Is bid, 10 asked; Atlanta
and West Point railroad stock 81 bid. Sc
asked; Atlanta and West Point 6 per
cent certificates, 81 bid, 90 asked.
Bank Stocks, Etc.-Citizens Bank
1919 bid. 1921 asked; Chatham Bank,
A bid, as asked; Germania Bank,
1O21s bid, 103Iz asked; Merchants National
~ 6ank a SIT Glb % 100 bid allodi aES Snk
Soglethorp Pc Savings and trust Company.
IS bid, 100 asked Southern Bank of the
nah Bank and Trust Company. 105 bid, 106
asked; Chatham Real Estate and Improve
ment Company, 81 bid, So asked; Sa-
rs asked; Title Guarantee and Loan Com
London, March Bar silver was
New York, March 6.-Money on call has
been easy at 115d2 per cent; the last loan
was at per cent. and at the closing was
Prime mercantile paper, 4441a percent.
Bar silver, 6012c.
Mexican dollars, 4SS4c.
fc Ct ~ NTH
tual business in bankers bills at A.S7%6
ass for sixty days, and S4.S9q4S9A for de-
mand.
Posted rates, AsSlkq49O.
Commercial bills, S4.S6i50AS715.
Government bonds easier; state bonds
We're dull; railroad bonds were weaker.
silver at the Board was quoted at 6VA
New York. March 6. noon.-Erie. s2
Northwestern, SO; do preferred, 80; Lake
Shore 1856: Norfolk and Western preferred,
1O15: Western Union, $685. Southern Rail
way common. 97s; Southern Railway pre-
ferred. 3O12 American Sugar, 1924; Balti-
more and Ohio. 55A Canada Southern, 40;
St. Paul. 551k; Rock Island, 625s; Delaware
and Hudson, 127la; Delaware, Lackawanna
and Western, 1577s; Manhattan, lO7; Michi-
gan Central, 92I3; New York Central, 1864.
New York March 6.-Treasury balances
were as follows: Coin, SS6,3S4,00O; currency
S7S. 900.
New York, March 6.-The stock market
during the early dealings was firm and
A more cheerful tone characterized the
trading. Prices moved up anywhere from
Il to ! per cent, Delaware and Hudson,
Chicago Gas, Louisville and Nashville,
the Changers, Manhattan and Lead being
prominent in the upward movement
London was buyer of its faVorites, but
subsequently, when the market weak
ened. sold them all out again. Chicago
Gas got up to 7ll2 on western rumoTs
that the Ogden Gas franchise was not
so valuable as was at first supposed. In
the afternoon there was selling move
ment in Baltimore and Ohio, New Jersey
Central New York Central, Manhattan,
Sugar. Louisville and Nashville, South
Union The traders were the largest sell
ers except in the case of Baltimore and
Ohio in which there were signs of liqui-
datfon. Boston and Philadelphia houses
narted with the stock. The transactions
In this specially were heavier than usual
and footed up $500 shares. No adequate
reason was given for the decline, al
tboi1pb some were inclined to credit the
weakness to the rate cutting in the south.
a room trader made the stock sell be-
Loo, 52 having discovered the liquidattons
referred to. Sugar was weak and sold
down to 9i@4d91h. 1t was currently re-
norted That the dividend will be reduced
10 . per cent quarterly. New Jersey
Central fell to $3.50 on the unfdVoraDle
January report. New York Central de-
clined IL to 95ss. The Anthracite Coal
ore we're not particularly affected BY the
u,fthdrawal Of the joint traf1c rate by
fhe Reading for the reason that oihcial
ssstfrauces were given that no war would /
FOLLOW the Readings action. The Bitrm- /
nous Coal Producers conference had a |
good influence on Hooking Valley secur- |
tiles which were in better demand AT a /
slightly higher range. The market