The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-03-05

FINANCIAL.
Money is steady. with fair demand.
Domestic EXchange-The tone of TIM
market is steady. Banks are buying al
par and selling at a per cent. premium
from 800 to $1,000; for larger amounts,
$3.50 per $1,000.
Foreign Exchange 49, Market firm.
The following are net Savannah Quota
tons; Commercial, demand. Sass sixty
day. $4S7; ninety days, Si.S6la; CONT
nentals, steady; francs, Paris and
days. S5.19&; marks sixty days, %.
dun.
State Bonds-Georgia. a. per cent. 1915,
ia bid, us asked; Georgia 7 per cent,
1895, 1919 bid, 1852 asked Georgia 31a per
cent, long dates l0l2 bid, 1922 asked.
City Bonds-New Savannah per cent.
April coupons. 1e51A bid, 1861 asked; new
savannah per cent. May coupons 1861
bid 1862 asked.
Railroad Bonds-Central Railroad and
bid. 80 asked; Central consolidated mort
gage per cent coupons. January and
vannal, and Western railroad per cent
trust certificates. 50 bid. 50 asked; Sa-
vannah, Americas and Montgomery 6 per
cent, AZ bid, 40 asked; Georgia railroad
per cent, 1910 109 bid, 10 asked; Georgia
Southern and Florida. first mortgage 6
per cent, SO bid s. asked; Montgomery
and Eufaula first mortgage per cent,
indorsed by Central railroad 101 bid. 105
asked; Augusta and Knoxville first mort
gaze Z per cent, 100 bid. 1O2 asked
Ocean Steamship per cent. due 1929, 51js
bid, 9Siz asked; Columbus and Rome first
mortgage bonds, Endorsed by Central rail-
road. = bid. 43 asked; Columbus and
Western per cent, guaranteed, 107 bid,
10 asked; City and Suburban railway first
mortgage per cent, bid, 50 asked;
dorsed, 10 bid, 20 asked; Electric railway
first mortgage 6s, - bid, asked; South
Georgia and Florida first mortgage per
cent 1903 bid, 10 asked: South Georgia and
Florida second mortgage. q ok cd
Alabama Midland, $50 bid, 81 asked.
Brunswick and Western As, guaranteed, y
asked.
Railroad Stocks-Central common. 12k
bid. 15iA asked; Augusta and Savannah
per cent, guaranteed, - bid, 81 asked,
Georgia, common, l51 bid l09 asked: South
western per cent. guaranteed. including
order for div, 67l2 bid 6Si2 asked; Central
per cent. certificates, with order for de-
and West Point railroad stock. 81 bid, 80
asked; Atlanta and West Point per
cent certificates, 81 bid, SO asked.
1Ol5 bid, 1927 asked; Chatham Bank,
A bid, 46 asked; Germania Bank,
lQ2la bid. 1851 asked; Merchants National
Bank, 961h bid, SO asked; National Bank
of Savannah, 100 bid, asked :
Oglethorpe Savings and Trust Company,
IS bid 100 asked Southern Bank of the
State of Georgia, l65 bid, l65 asked; Savan-
nah Bank and Trust Company, los bid 1O5
asked; Chatham Real Estate and Improve
ment Company, 81 bid, 50 asked: Sa-
76 asked Title Guarantee and Loan Com
pany, Is bid. SO asked.
London. March 4-Bar silver was quoted
New York. March 4.-Money on call has
been easier; highest, 3 per cent; lowest
1l@ per cent, and at the closing was Of
fered at 1I2 per cent. Prime mercantile
paper, 4G142 per cent. Bar silver, 60l2c
Mexican dollars, 4Sl2c. Sterling exchange
is firm, with actual business in bankers
bills at 4.SlA@4SS for sixty days and
ST. S9i4 "A. S9l2 for demand. Posted rates,
ST. SSibm49O. Commercial bills, A,S6 4G4S7
Government bonds steady. State bonds
dull Railroad bonds frmer. Silver at
the board was quoted at 6024 @6lc.
New York, March 4.-Treasury balances
to-day were as follows Coin, $S6,76S 900;
New w York March 4. Noon.-Erie, 81;
Northwestern, S75e; do preferred, 1873;
Lake Shore, 1852; Norfolk and Western
preferred, 95s; Western Union, $751;; South
ern Railway common, ga: Southern Raj
way preferred, 31A American Sugar, 921s;
Baltimore and Ohio. 56lS; Canada South
ern. As; ST. Paul, 54l4 Rock Island, 6l@s;
Delaware and Hudson, 12512; Delaware,
I.ackawanna and Western, 1875; Mammal
tan. 1864; Michigan Central, 9lA; New
New York March 4-Prices as the
stock exchange to-day were extremely
irregular in their course. The develop
xner,ts having direct bearing on the
rnarl1et were more Important than of late.
business showed an increase, the sales
amounting to 23S.416 shares. The bulls
were favored by the auJouFHiuellt u Gull
oress which caused a demonstration of
low rarely witnessed at the stock eX-
Change: the increase in the St Paul
earnings for the fourth week of February,
and late in the day by the official denial OF
the unfavorable rumors current abroad
about the financial condition of the Louis
vile and Nashville. On the other hand
there was heavy selling by London, the
filine of the bill Of foreclosure of Reading,
The decision in the Bate refrigerator case
and the strength of sterling exchange,
which led to talk of a technical premium
On cold of the unfaYOrable factors enum-
Grated. probably the continued strength
~ sterling exchange is the most import
ant the market is practically bare OF
bjlIs and RENTERS are forced to de
D Del1Sd upon bankers for bills. The clio
ptne sales were S4S7s4 for sixty days anG
a 1904 S9il for demand. the top figures
If the day The appointment Of a com
mission to represent the United states at
a conference if called by any OF the
European powers, probably would have
more effect if the appointees by the senate
and congress were less pronounced IN their
V,ieu,s in favor of silver. The stock
market oDened firm. but at the advance
Sailing orders from london were en-
countered and prices dropped a 70 per
cent. Reading and General Electric be-
ing especially weak for reasons already
referred to- Sugar started the upward
movement, rising from 9lls to BIS brok-