The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-07-17
FINANCIAL.

Money steady, with a fair demand
D9nesilc EXchange-The tone Of the
market is steady. Banks are buying al
par ana selling at Is per cent. premium up
10 S9'UOO; over 5000, at 81 90 per $1,000
Foreign observation-disclosures. firm. The
following are net Savannah quotations:
Commercial demand, S4Ss: sixty days.
steady: francs. Paris and Havre. sixty
marks, sixty days. IS BIG.
Securities-Southweste in fair demand.
with large transactions at ruling prices.
State Bonds-Georgia, AZ per cent. 1915,
ll3 bid, - asked Georgia Z per cent, 1896,
iOz Dlq, = asked; Georgia; 80 per cent,
lloqln long dates. 1Ol% bid, lO27& asked; Georgia
city Bonds-New Savannah per cent,
OctoDer coupons, 1852 bid, l0i asked;
New savannah ) per cent, August cou-
Railroad Bonds-Savannah Florida and
western railroad general mortgage bonds,
per cent, interest coupons. 1874 bid, -
asked; Atlantic and Gulf first mortgage,
Vconsilidated per cent, coupons, January
and July maturity 1897 1885, bid, 1851 asked
Central consolidated mortgage Z per cent.
coupons, January and July maturity, 1885,
l2J12 bid, = asked; Central Railroad and
Banking Company collateral gold IS, 80
bid, 80 asked; Georgia railroad 6s. 1910. ITO
bid, Ill asked; Charlotte, Columbia and
Augusta second mortgage, lis bid, III
asked; Montgomery and Eufaula first
mortgage Endorsed per cent. 106 bid. 107
asked; Georgia Southern and Florida first
mortgage per cent, trust receipts 1927 bid.
1922 asked; Savannah and Atlantic IS, in
dorsed 25 bid, - asked; South Georgia and
Florida Endorsed frsts, 106 bid, asked;
South Georgia and Florida second mort
gage, lO5 bid, asked; Savannah and
Western 5s, trust certificates, Endorsed by
Central railroad, G. bid, So asked; Sa-
vannah, Americas and Montgomery 6s, 81
bid, 80 asked; Ocean Steamship per cent.
bonds. 1870. SO bid, IS asked; Columbus and
Rome first indorsed 6s, - bid, 80 asked;
Columbus and Western per cent first
guaranteed 1l2 .bid,ll4 asked; Augusta and
b GaEoaa 49, bp ASKED c Ts
and Suburban railroad, first mortgage I
per cent. bonds, so bid, IS asked; Electric
railway, bonds. 20 bid. 2S asked; Alabama
Brunswick and Western As T3 asked;
South Bound railroad IS, 7Ha bid, 75ie
asked.
Railroad Stocks-Augusta and Savan-
nah per cent, guaranteed, so bid; 81 ask
ed; Central common, Il bid; .15l2 asked;
Georgia common, 1858 bid, = asked; South
IS asked: Central per cent. certificates,
q bid. Is asked: Atlanta and West Point
railroad stock, IS bid. sc asked; Atlanta
9llz bid, 95la asked.
Bank Stocks, Etc.-Citizens' Bank, 105
bid, 1O6 asked; Chatham Bank, 4Ss4 bid.
49A asked; Germania Bank, 103 bid, = ask
ed; Merchants National Bank, 1904 bid,
1917 asked; National Bank Of Savannah,
1S2 bid asked &c, 0gleitth93GGPe Sa nd sso aP
ern Bank Of the State of Georgia, 16l bid,
16S asked: Savannah Bank and Trust
Company, 1O5 bid, - asked; Chatham Real Real
bid. 531a asked: Savannah Construction
Company, "A bid. 70 asked; Title Guaran-
tee and Loan Company, 50 bid, - asked.
New York, July 16.-Money on call has
been easy at 1@1Is per cent; the last loan
was at l per cent; and at the closing was
offered al per cent. Prime mercantile pa
per, 31kQ4 per cent. 80,
Bar silver, 667sc. Mexican dollars, 5SAc;
Sterling exchange is steady with actual
for sixty days and A9OA for demand;
Posted rates. $4.S91zG<. 9O1a. Commercial
oi Government bonds firm. state bonds
steady. Railroad bonds were irregular.
Silver at the board was quiet
New York, July 16.-The treasury bal
currency, s64. 900. ,o,,.
New York. Jgy 1S, RoonaEr 6ref lSA;
Western preferred, IA Western Union, 81;
Southern Railway common, 47s; southern
Railway preferred: AZ; American eIG3! Spgadr'
Southern. 500; St. Paul, 6S1a; Rock Island,
IL; Delaware and Hudson, 1904; Delaware,
LackaWanna and Western, l6S; Manhattan,
Ill; Michigan Central, 100; New York Cen
New Ne York, July 16.-The interested
working to bring about lower prices Ior
the Industrials were quite successful to-
day. Their objective point was chicago
Gas, and they started in early to sell the
stock and kept at II until the close az lle
end of the day they had the price down
to 1875 against 55$s at the close yesterday.
Final transactions, however, were at o.
At one time the street was nooded WIN
INQUIRIES from all parts of the country
as to the likelihood of the company pass
ing into the hands of receiver This was
denied from Chicago but 1t was sald IN
some quarters that since the company mas
been unable to get any relief from the Ill
inois legislature and can hardly expect any
from Attorney General Moloney, the only
81 a tz 20 a Friendly
receivership and then reorganlZe under
the laws of Illinois. Leather was heavy
in the early trading and broke from SS7s TO
S11s The decline led to covering, ana a
rally to S3ll ensued. American Cotton OIL
dropped 21a to 2S1s and Tobacco ! TO lUf'
Sugar first rose Us to los and then re-
to 351l and then declined to 34A@%5s.
Distilling sold down Is to 1914 and recov-
cred to 201sG199s. The sale OF the property
is set down for Aug at Chicago Rub
Der stocks were firm on the statement
fled at the request of the stock exchange.
This statement shows total income for the
94s and Surplus of sS7s27 The railway list
stubbornly refused to yield with industrials
for a time, and in the morning session
was positively firm. The west was a buy
er of St Paul, Burlington and Quincy on
the excellent prospects for an enormous
yield of spring wheat and corn The rise
in this group of stocks during the morning
was equal to AG1a per cent, Jersey Cen
trail the Changers, Reading, Missouri Pa
cific and Lake Shore being most cohsplc-
uous In the last hour, however, the i'm
provement was lost and speculation left
off barely steady Tennessee Coal was
again pressed for sale, and dropped 31s to
S2is and Colorado Fuel to S734. Net
changes show declines of q to IA per cent;
for the active issues and losses or a TO J9s
per cent. for the industrials. Illinois
Central gained Is and Lake Shore and New
England / per cent. each. In the inactive
list Erie Telegraph and TelePhone od sold q
Was announced that $100, coo gold had been
withdrawn from the sub-treasury by the
Merchants Bank of Canada for shipment
70 NontreaI This was not generally
known. The total sales were 269. 70 shares
of which 1873 600 shares were the INDUS rlals,
Including Tennessee Coal and Colorado
Fuel: Of this total Chicago Gas as od figures
leather for IL, 500 shares. The transac-
tons in Burlington and Quincy and St
Paul. each $500 shares and these were the
most active of the railway issues. This
gives an idea of how the Industr1als mo
nopolized business. Bonds were weak. The
sales for the day were SIPS 900.
New York Stock List-Closing Bids