The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-02-22
FINANCIAL.

Upland, 45Q65c per busheli tide water,
75cqSl.20.
FINANCIAL.
up JrBJ VI 81 A9uoV-'I5 -q54 'qBuuuAgs
mand; call loans, per cent
Domestic Exchange-The tone of the
market is steady. Banks are buying at
par and selling at - per cent. premium
from 500 TO $1,000; for larger amounts,
Fore. gn Exchange-Market steady.
The following are net Savannah QUOTA
tons: Commercial, demand, S4.S7; sixty
days, $i.Selsi ninety days, S4S6; conti-
4Hf 5i,a steady; fra4 1s1 Paris and
DAYS s. 20lsi marks, sixty days. 81 ISIS.
Securitles-Marke is quiet and dull. with
railroad stock. Light offerings.
state Bonds-Georgia, AZ per cent, 1915,
114ls bid, 1857 asked: Georgia per cent,
leg6: lV412 big, lO5lz asked; Georgia S1s per
cent, long Gates, lOlle bid, 1929 asked.
City Bonds-Ncw Savannah ) per cent.
April coupons, lo5ia bid, 1852 asked; new
savannah per cent May coupons, 1851
bid, 1852 asked
Railroad Bonds-Central Railroad and
Banking Company collateral gold IS, 80
bid, 80 asked; Central consolidated mort
gage Z per cent coupons. January and
July maturity, 120 bid, asked Sa-
vannak and Western railroad per cent
trust certificates. so bid. 81 asked; Sa-
vannah, Americas and Montgomery s per
cent, - bid, 80 asked; Georgia railroad
6 per cent, 1910 lo9 bid, 10 asked; Georgia
.
per cent, 81 bid, IS asked: Montgomery
and Eufaula hrst mortgage 6 per cent
Endorsed by Central railroad, 162 bid, 1OS
asked; Augusta and Knoxville first mort
gae per cent. 100 bid 102 asked;
Ocean Steamship per cent, due 1926 s7iA,
bid, 9S1s asked; Columbus and Rome first
mortgage bonds, Endorsed by Central rail
road, bid, 4S asked; Columbus and
Western per cent, guaranteed, 107 bid,
10 asked; City and Suburban railway first
Savannah and Atlantic per cent, in
dorSeds 10 bid, 20 asked; Electric railway
first mortgage IS, = bid, - asked; South
Georgia and Florida first mortgage z per
cent, 109 bid, 10 asked; South Georgia and
Florida second mortgage, Jos bid, 100 asked !;
Alabama Midland, $50 bid, 81 asked,
Brunswick and Western As, guaranteed, 75
asked
Railroad Stocks-Central common. -
bid. 49, asked; Augusta and Savannah z
per cent, guaranteed, 70 bid. 81 asked /;
Georgia, common, 157 bid, 159 asked; South
western per cent. guaranteed, including
per cent. certificates, with order for de-
faulted interest, Is bid, 10 asked: Atlanta.
and West Point railroad stock, S6 bid SIS
asked; Atlanta and West Point 9 per
cent certificates, 80 bid, 81 asked.
Bank Stocks. Etc.-Citizens Bank,
I9i bid BID 192 asked: Chatham Bank
lO2l5 bid 1881 asked; Merchants National
Bank IS bid, 100 asked: National Bank
Of Savannah, 40 bid, 1S1 asked
Oglethorpe Savings and Trust Company,
9S bid, 100 asked; Southern Bank Of the
State of Georgia, 1853 bid, 165 asked: Savan-
nah Bank and Trust Company, los bid, 1O6
asked; Chatham Real Estate and Improve
ment Company, 50 bid. So asked Sa-
vannah Construction Company. rs bid,
70 asked; Title Guarantee and Loan Com
pany. rs bid. 80 asked.
London, Feb 2l.-At the close of business
at the stock exchange to-day the United
States loan was quoted at 5A premium.
The purchases of the new loan have been
chiefly for New York account, confirming
the belief that nearly all of the London
scrip will go to the United States.
New York, Feb. 21.-MOney on call was
easy at 11a per cent; the last loan was at
IL per cent, and at closing was offered
at liz per cent. prime mercantile paper,
4d41s per cent; bar silver, Coo; sterling
exchange firm, with actual business in
bankers bills at 81. S64 U4.1 for sixty days,
and $4.SS14a4SS1z for demand; posted
rates, S4.S7lAl4S9; commercial bills,
S4.S6d4 S6l5; government bonds higher
state bonds were dull; railroad bonds were
strong; silver at the board was quoted at
SOS bid; London bar silver was quoted at
New York, Feb. 21-The treasury bal
ances to-day We're as follows: Coin, ST.
New York, Feb. q, Noon.-Erie, 8;
Northwestern, 9l1s; do preferred, 1883;
Lake Shore, 1863 Norfolk and Western
Southern Railway common, 10; Southern
Railway preferred, 3l4; American Sugar,
924; Baltimore and Ohio, 62ie; Canada
Island. 621a; Delaware and Hudson, 127ls:
Delaware. Lackawanna and Western,
l5SSs Manhattan, 10S5s; Michigan Central,
So; New York Central, 99l2.
New York, Feb 21.-A cheerful feeling
characterized the dealings at the stock
exchange, but as on previous days of the
week the volume of business was small.
To-day the trading aggregated l25,215
shares the Industrials monopolizing the
bulk of the business, these issues figuring
wide changes were noted, and especially
in Tobacco, Lead and Bay State Gas. The
first named advanced IS to 1875, dropped
to S45s and later rallied to S17sQS9A, "a
200 shares having been dealt in. The de-
cline was attributed to POPULATIONS by
focal insiders. Lead rose Ito 2S44, and
dropped to 2lq2'l4 on me announcement
that action on the dividend of the common
had been deferred till the dividend on
the preferred is earned in 1893. The COM
pany has surplus on hand OF $4,000, ana
taxes, S271, 900 to meet the dividend on the
par. Bay State Gas fell from 1ble to
l4s, and recovered to 10. Distillers, on the
other hand, moved up from 10 to II on the
favorable report of the experts MED with
Judge Grosscup. Chicago Gas and Sugar
were quiet and firm throughout The rail
way list was neglected at the opening, but
subsequently gained strength and ad-
vanced 4 to 13s per cent. The market was
favorably Influenced by the phenomenal
success Of the new government bond loan
and a general belief that there VIII be no
congressional interference in either imam
cial or railway matters at this late day.
In the last hour of business there was
some evening up of contracts on account
of tomorrow holiday, and recession
OF X to / per cent. ensued. Long Island
Traction dropped to S and rallied 10 10,
and there IS some talk OF assessing the
stock . per cent. to meet pressing oblfga-
lions. The market closed rather weak in
tone. Net changes show gains or 15d9f
uer cent. Tobacco and Northwestern lost
j. per cent, Jersey Central Is and Lead
IL per cent Consolidated Gas rose l12 TO
1912. New government IS were advanced
to 1l9. There were no new developments,
and the street devoted its time to making
conjectures as to the allotments of the
bonds on Saturday. While nothing definite
was known, it was thought that London
and the continent viii secure at least $40
100000 Of the new issue. Firms prominently
Identified with bringing about he so-called
premium on gold, according to the Cos
sim will be discriminated aEainsL.