The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-04-14

Aoney is steady, with fair demand.
Domestic EXchange-The tone of the
market is steady. Banks are buying at par
ana selling at Is per cent. premium
Foreign Exehange-Market firm. The
Commercial demand, SASSY, sixty DAYS,
A64' ninety days, H.S6la, continentals
steady; francs, Paris and Havre. sixty
marks, sixty days, IS 3-16
Securities. The market Is steady.
State Bonds-Georgia, AZ per cent, 1915
1l4A bid, 1l5la asked Georgia per cent
1896, lO4 bid, Jos asked: Georgia 49, per
cent, long dates, 1902 bid, 1903 asked
City Bonds-New savannah per cent.
July coupons, l05l2 bid, JOG asked; new
Savannah. per cent. May coupons, 1868,
bid l07l4 asked
Railroad Bonds-Central Railroad and
banking Company collateral. gold S. 80
bid IS asked; Central consolidated mort
gage Z per cent. coupons, January and
July maturity, IL bio, asked: Savan-
nah and Western railroad per cent trust
certificates, % bid, 50 asked; Savannah.
Americas end Montgomery per cent. 81
bid 81 asked; Georgia railroad 6 per, cent,
1910, bid. no asked; Georgia Southern
and Florida first mortgage per cert. S5i5
bid, S6i2 asked; Montgomery and lcufaula
first mortgage 8 per cent, Endorsed by
Central railroad, 100 bid 101 asked. All
gusta and Knoxville first mortgage 7 per
cent. 99i2 bid, 1Ol asked: Ocean Steamship
per cent, due 1920. 97ls bid, $751; asked.
Columbus and Rome first mortgage bonds,
Endorsed by Central railroad. - bid as
asked Columbus and Western 6 per cent
guaranteed, III bid ll2 asked; City and SUI
burban railway first mortgage Z per cenr
- bid. Sc asked savannah and Atlantic
per cent, indorsed, 10 bid p asked; Flee
trio railway first mortgage 6s 49, bid -
asked; South Georgia and Florida first
mortgage Z per cent, l0J bid, 40 asked;
South Georgia and Florida second mort
gage, los bid, i09 asked; Alabama Midland,
: bid, 81 asked Brunswick and Western
As, guaranteed, " asked.
Railroad Stocks-Central, common. II
bid, l212 asked; Augusta and Savannah z
per cent, guaranteed, Is bid, so asked:
Georgia, common. l57 bid, 1853 asked; south,
western per cent, guaranteed. including
order for div, So bid, 20 asked: Central
per cent certificates. with order for de-
and West Point railroad sock, 90 bid, 81
asked, Atlanta and Vest Point 6 per
10S bid, lO3lA asked; Chatham Bank
451a bid, 46lA asked Germania Bank,
1O2ls bid 1922 asked; Merchants National
Bank, 9Sl9 bid, 100 asked; National Bank
of Savannah, 13l bid. asked;
Oglethorpe Savings and Trust Company,
state OF Georgia, 1874 bid, 1865 asked; sayan-
nah Bank and Trust Company, los bid, I0C
asked: Chatham Real Estate and Improve
ment Company, 52lk bid, 531k asked: Sa-
asked Title Guarantee and Loan Com
pany, n bid, 70 asked; Brush Electric
Light and Power Company, SO bid, 81 ask
ed; Savannah Gas Light Co., 20 bid, q
New YNk, April 13.-A1oney on call Ia
offered at 2 per cent Prime mercantile
steady, with actual business in bankers
bills at SASSY 64Ssk for sixty days and
s4.ss4G4 .ss12 demand. Posted rates, $4.SsIs
G4.90.
Commercial bills, $4s7AG 4s7A.
Bar silver, 66%c.
Government bonds firm; state bonds
quiet; railroad bonds were active and
New York. April 1s.-The treasury bal
ances were as follows: Coin, $S4,7S5.O 900;
New York, April 13-The weekly state
ment of the Associated Banks shows the
following changes: Reserve, increase, 1892.
crease, 1915. 800; legal tenders increase.
1929, 100; deposits increase. IS, 008 200; circu-
lation, increase, $1,000 The banks now
hold $l4.922,7 us in excess of the require
ments of the rs per cent. rule.
Reviewing the above, the Financiers
says:
the business incident to the usual quar-
terly interest payments and settlements
The expansion In loans, while slight is
yet ? favorable indication and in con-
trast with the sharp declines noted during
the previous weeks when the banks were
calling in their money to protect their re-
serves
The money market for the past week
was quiet and interest quotations fell off
a trihe, but the expansion In loans show
In the statements indicates that rates will
be fairly maintained. The resembling of
bank rules fixing the minimum interest
rates on country balances, notably at Chi
cago. has been Interpreted that money is
in great demand. but until there IS proof
that every bank lived up to the agreement
IN the first place. the action cannot be
called significant. The advancing rates
in New York did, however, result in
heavier Interior receipts.
The large expansion in net deposits was
the result Of the Disbursements noted
above. Comparing the deposit Increase
with the showing made In the statement
made one year ago, the current weeks
exhibit appears only one half as large as
reported then. The increase IN apacie
and legal tenders makes the net gain
cash. h.7ifs0. and the Increase IN de-
posts explains where y came from.
Northwestern, eZia; 90 preferred 1907
Lake Shore 1909: Norfolk and Wesfern
pref. "a a.; Western Union. s7ai; Southern