The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-02-26
FINANCIAL.

days. S4S6st: ninety days. 81. ssh; conti-
4entals, steady; francs. Paris and
! days. S5.2Ois marks, sixty days "a 1915
Securlues-Market Is quiet and dull, with
persistent demand for Southwestern
railroad stock. Light offerings.
state Bonds-Georgia, AZ per cent, 1915.
| ll4le bid, 1852 asked: Georgia per cent,
/ 1926, 1041z bid. 1852 asked; Georgia 3ik per
cent long dates, lOliz bid l02ia asked.
City Bonds-New Savannah per cent
| April coupons, 1851 bid, 1861 asked; new
Sayannah per cent. May coupons, 1857
Railroad Bonds-CentraI Railroad and
Banking Company collateral, gold IS, 90
bid, % asked. Central consolidated mort
| gage Z per cent coupons. January and
July n aturity, 10 bid, asked; Sa-
vannaE and Western railroad 5 per cent
vannah, Americas and Montgomery per
cent. 40 bid, 50 asked; Georgia railroad
8 per cent, 1910, 100 bid 10 asked: Georgia
Southern and Florida. first mortgage
per cent. 81 bid, Sc asked: Montgomery
and Eufaula first mortgage 6 per cent,
lhaorsed by central railroad, l02 bid, 1OG
asked; Augusta and Knoxville first mort
gae per cent. 100 bid l02 asked;
I Ocean STEAMSHIP, per cent. due 1922 81
bid, SSH asked; Columbus and Rome firsf
I mortgage bonds, Endorsed by Central rail-
road, bid, 43 asked; Columbus and
10 asked; City and Suburban railway first
mortgage I 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 I nor
cent, 109 bid, 10 asked: South Georgia ana
Florida second mortgage, Jos bid 109 asked:
Alabama Midland, ssh bid, 81 asked
Brunswick and Western As. guaranteed. Y
asked.
Railroad Stocks-Central common. -
bid, l515 asked; Augusta and Savannah
per cent, guaranteed, 70 bid, 81 asked
Georgia, common, 151 bid, l59 asked, South
western 7 per cent. guaranteed including
order for div, 6S bid, 90 asked; Central
per cent certificates, with order for de-
fqulfel interest Il hid A
and West Point railroad stock. Sc bid IS
asked; Atlanta and West Point per
cent. certificates, 80 bid, 81 asked
Bank Stocks, Etc.-Citizens Bank.
Z bid, g asked; Ger ara4% B BaRk
l02l2 bid, 1854 asked; Merchants National
Bank, 50 bid, 100 asked: National Bank
of Savannah, 80 bid. lSl asked;
IS bid. 100 asked; Southern Bank OF the
State of Georgia, 1853 bid, les asked; Savan-
nah Bank and Trust Company, 1O5 bid, l06
asked; Chatham Real Estate and Improve
ment Company. 81 bid. 50 asked: Sa-
vannah Construction Company, IS bid,
10 asked; Title Guarantee and Loan Com
pany. Is bid. so asked.
London, Feb. 25.-Bar silver was quoted
at p 9-16d.
London, Feb. 25.-The American loan
closei on the Stock Exchange to-day at
Ills premium.
New York. Feb. 25.-AIoney on call has
been easy at ~ per cent the last loan
was at IL per cent, and at the closing was
offered at ~ per cent. Prime mercantile
paper. AZ per cent
Bar silver. 601zc Mexican dollars, 4Sc
Sterling exchange is firm, with actual
business in bankers bills at &.S7diS7't
for sixty days, and $SS12d4.SsA for de-
mand; Posted rates ate $SaesS7lza4S9ls. Com
Government bonds, firm; state bonds
were dull; railroad bonds were firm.
bid
New York. Feb D. noon-Erie So;
Northwestern. SO: do preferred 1873: Lake
n "a nfH mr.
ferred, 1l3s; Western Union, 873s; South
crn Railway, common, 9ss; do preferred.
3lh American Sugar, 9l5s; Baltimore and
Ohio, 81; Canada Southern, Is; ST; Paul
So; Rock Island, 81; Delaware and Hud-
son, 1855 Delaware, Lackawanna and
Western, 1878; Manhattan, 1912; Michi-
New York, Feb. 25.-The bears were more
aggressive at the Stock Exchange, and
their increased activity and the consc-
duent decline in prices was due TO the
passage OF the Canadian Pacific to the
non-dividend paying list, the practical
the firmness of sterling exchange, the
posted rates for demand bills having been
advanced &c to 4S9l2. Actual rates are
bond syndicate began its operations. and
the selling figures are close on TO the
gold exporting point The action OF cana
dian Pacific in passing the dividend on
the common stock created quite bearish
feeling in London, and the foreigners came
in as sellers of over securities right TO the
the sales at fully 10000 shares
principally st. Paul and Louisville and
Nashville. The bearish feeling abroad was
intensified at rumors that the St Paul
will also pass its dividends. The directors,
however do not meet for fully three
weeks vet. and while nothing definite has
been decided on. usually well informed
parties believe that the old rate viii be
maintained. There was some selling Of the
general list on rumors Of an extra session
of congress. a, belief obtaining in some
quarters that the appropriation bills will
fail because Of lack of time, and that the
President will have TO call the new con-
gress together. if only to enact these
measures. Canadian Pacific naturally led
the list in point of decline, the stock sell
ing down 81 to Al, only 500 shares having
been traded in The decline in the usually
active issues was equal to A4lA per cent.
Delaware and Hudson dropped 20 to l251s;
Sugar rs to 81; Baltimore and ONO IL TO
61L; Burlinst ton. p to 699s; Chicago Gas,
1ss to 7l5s; North western, IL to 50: st. Paul,
81 to s.: General Electric, "a to 2S@s Louis
vile and Nashville, IL TO 81: Manhattan.
IL to 1917; Missouri Pacific. y TO 1879;
Jersey Central, 19s to q =, and Rubber, ia
Paul statement for January which showed
a net increase of $1,000, the Changers i'm
proved and a rally of hn1s per cent. en-
sued Railway earnings generally We're
little better. quite a number Of roads re
porting for the third week Of the current
month showing fair increases. The Kansas
and Texas gained S57467 for the period
named, and a half dozen Or so smaller
systems anywhere from 5000 to $1,000
Tobacco was less prominent ana atter
falling 1 to SC. recovered to 8SqSls4. Wheel
ing ana Lake Erie preferred. dropped IA
TO 35G35ss. Speculation closed about steady.
Net changes show losses Of Ad1s per
cent. Tobacco gained q; Southern Rail
wav preferred e. and Cordage 4 per cent.
The bond market was irregular. The sales
today OF listed stocks aggregated $4,000
shares. and Of unlisted stocks. 1900 shares.
New York stock disclosing bids
stocks and bonds
63d63I5: Sugar Refinery, 9l9s; DO preferred,
g17s: American Tobacco, Sl9si DO preferred,
102i5: Atchison, 7. and 5. F., 37s; Baltimore
and Ohio 60ia; Canada Pacific, II; Cnesa-
DesKe and Ohio, 1875; Chicago and Alton,
14s: Chicago. Burlington and Quincy, l0i
chicago Gas, Y; Delaware, Iackawanna
and Western. 1571k; Distillers, Cattle Feel
ers 10i5: Erie 81: DO preferred, 15at Edi-
son General Electric %; Illinois Central,
ST.: Lake Erie and Western, 15ls; do
rrsferred. II Lake Shore 1857; Louis
vile and Nashville. 5lh; Louisville and y.
A.. 81: Manhattan. 1871 Memphis and
cha rleston IO; Michigan Central 81 Mis-
souri, Pacific, 20: Mobile and Ohio, a;
Nashville. Chattanooga and St. Louis. 81;
United States Cordage. 81. DO preferred.
81: n !. Central. Sf7a; y. =. Central. a6h
n Y and y. t.. 295k Norfolk and West
ern preferred ~: Northern Pacific. ~
DO preferred. 15M: Northwestern. $50, do