The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-04-05
FINANCIAL.


Money is steady, with fair demand
Domestic EXchange-The tone OF the
market IS steady. Banks are buying at par
ana selling al + per cent. premium
Foreign Exehange-Market firm. The
following are net Savannah quotations:
Commercial demand, Si.SSs., sixty DAYS.
ISfA; ninety days. SiS6la; continentals
steady; francs, Paris and Havre, sixty
marks, sixty days. IS 3-l6
Securities-The market is steady, hut
dull. Central issues are inclined t. be
nominal; Southwestern, weak.
State BOnds-Georg.a. AZ per cent, 1915
ll4& bid, ll5ie asked: Georgia per cent,
1896 lG4 bid. l05 asked Georgia 31z per
cent. long dates. 1OllA bid, l02Is asked
City Bonds-New Savannah per cent
July coupons, 1851 bid 1864 asked; new
savannah . per cent. May coupons, 1854
Railroad Boncs-CentraI Railroad and
Banking Company collateral gold 5s, 90
bid. 81 asked; Central consolidated mort
gage Z per cent. coup cns, january and
July maturity. l22 bid. asked: Savan-
nah and Western railroad per cent. trust
americus and Montgomery per cent. AZ
bid, ~ asked; Georgla railroad per cent,
1910. . BID. 80 asked; Georgia Southern
and Florida first mortgage per cent So
bid, IS asked; Montgomery and Eufaula
Central railroad. 81 bid, 100 asked: All
gusta and Knoxville first mortgage per
cent, bid. 100 asked: Ocean Steamship
per cent due 1920. 97la bid, 9S1h asked:
Columbus and Rome first mortgage bonds.
indorsed by Central railroad. - bid AZ
asked: Columbus and Western per cent.
guaranteed, 10 bid, lie asked; City and SUI
burban railway first mortgage Z per cent.
- bid So asked; Savannah and Atlantic
per cent, indorsed Is bid, Is asked Elec-
trio railway Efst mortgage 6s. 49, bid,
asked: South Georgia and Florida first
mortgage per cent. lO9 bid, 40 asked:
South Georgia and Florida second mort
gage, lOS bid, lOs asked; Alabama Midland,
= bid. 81 asked; Bruins wick and Western
r.
Railroad StOcks-Central, common, II
bid, 1879 asked Augusta and Savannah Z
per cent, guaranteed IS bid SO asked;
Georgia, common. Isl bid. 159 asked South
western per cent. guaranteed. including
order for div, 60 bid. 20 asked; Central
faulted interest. 16 bid 17ls asked; Atlanta
and West Point railroad stock, 80 bid SO
asked; Atlanta and West Point per
Bank Stocks Etc.-Citizens Bank.
1021s bid 103ia asked. Chatham Bank,
45 bid, g asked; Germania Bank
Bank, 9s bid, 100 asked; National Bank
of Savannah 13l bid, asked
Oglethorpe Savings and Trust Company
IS bid, 100 asked; Southern Bank of the
State of Georgia, 164 bid, 100 asked Savan-
nah Bank and Trust Company, 105 bid 106
asked; Chatham Real Estate and Improve
ment COMPANY, 50 bid, SO asked; Savan-
nah Construction Company, bid, 70
asked, ex-dividend asked; Title Guarantee
and Loan Company n bid, 10. ex-dividend
Company, 50 bid, 81 asked Savannah Gas
Light Co. 20 bid, q asked.
New York, April 4--,Money on call easy
per cent. and at the closing was offered
at per cent. Prime mercantile paper,
4AQ5A per cent.
Bar silver, 655sC
Sterling exchange firm, with actual bust
ness in bankers bills, at S4.Ssl2 for sixty
days and Is 81 ss1s for demand. Posted rates.
Commercial bills, 4S7s.
Government bonds were firm State
bonds steady Railroad bonds lower
Silver at the board sold at 65s4c
New York April 4.-Treasury balances
to-day were as follows: Coin, $S5,S040O0;
currency, S66, 457 900.
Northwestern, 9lSs; do preferred, 1873; Lake
Shore, l57; Norfolk and Western pre-
ferred. 81 Western Union, sSll; Southern
Railway, common, ll9s; do preferred 53l2;
American Sugar, 1855; baltimore and
Ohio, 5S12; Canada southern 1874 st.
Paul. SIS; Rock island, 63zs; Delaware and
Hudson, 12F4; Delaware, Lackawanna
and Western, 100; Manhattan, 1l2; Mich
igan Central, 81; New York Central, 95A.
New York, April 4.-DUring the early
hours at the stock exchange the market
ruled quiet, but firm, operators PREFER
ing to await the action of the Anthracite
presidents before entering into extensive
engagements. The strength of the ster-
ling exchanges also had tendency to
check trading. There were exceptions,
however, notably General Electric, Man
II,
ing, all of which were fairly active. Sugar
also was the most active, figuring for
f0,100 shares in a grand total of 1888
shares The stock at the opening declined
u to l615s, rose to 102S, broke to 1003s re-
covered to 1011s and closed at 1902. The
stock was without support and even
Treasurer Searles' announcement of the
intention of the company to embark in
the distilling business failed to encourage
purchases. 1t is claimed that the pro-
duct will all be sold in England, where
= OH IN ha 10
mand. Brokers of the leading bear opera
tor were conspicuous sellers. Distilling
was higher at 15A@l61s, 1896 shares ex-
changing hands. The upward movement
in Manhattan, which set in at the close
yesterday, came to sudden stop, the in
quiry from shorts having abated. Con-
seouently the stock fell from 1888 to liz.
The Anthracite Coalers were. nervous. Jer-
sey Central advanced to s5I, returned to
9iat and rallied TO 95ls Reading advanced
- to 1874 and declined to lZi4Wl29s. Lacka-
wanna, on sales of 300 shares, fell 2S4 to
159A full attendance is promised at
the presidents meeting tomorrow The
Grangers trunk lines and Southwestern
were without important changes. In the
afternoon a rumor reached the street OF
the death of Queen Victoria, and this I'M
settled the market for time. Later the
report was denied and at the close ner-
vous traders, who had recovered their
composure were buying back the stock
sold, on the false rumors of the Queens
death An investigation developed the
fact that the rumor was circulated in
Chicago and Montreal long before il
reached here. The market closed firm
except for Sugar, which was weak. Net
changes show losses of q to rs per cent.
Tobacco, St Paul, Northwestern, Distill-
ing, General Electric and Jersey Central
gained "A to q per cent. The bond market
was quiet and lower. The sales of listed
stocks were $4,000 shares, and unlisted a.
600 shares.
New York Stock disclosing Bids
Stocks and Bonds-A:1erican Cotton Oil
253t DO preferred, 7llaQ73: Sugar Rein
cry, 1O02s do preferred. gig; American To-
oacco, 95ls; do preferred, l0S; Atchison,
Ohio. S.: Canada Paciflc 500: Chesa-
peake and Ohio, l7i5; Chicago and Alton,
i47; Chicago, Burlington and Quincy, 1874
Chicago Gas, 7l%; Delaware. LackaWan-
ma and Western. 1853: District Cattle
Feed, 1875: Erie. So; do preferred. 1914
Edison General Electric, 33ia. Illinois Cen
trail, S7iz; Lake Erie and Western, l7iA.
do preferred, 7fik: Lake Shore, 1874. Louis
nj