The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-08-23
FINANCIAL.

ton: Commercial demand SAD: sixty
francs. Paris and Aavre. > sixty ry' days
S9.l6ss; Swiss sixty days. S5.lT; marks six
~ days, s55s.
market Is steady. Banks are buying at
Is per cent? discount and selling at par
to Is per cent premium.
Securities-The market is steady, very
limited offerings; demand IS fair.
Stocks and Bonds-State Bonds-Georgia
80 per cent. bonds, Of 1880, l0lia bid. l02la
i0iA bid. i02A asked; Georgia AZ per cent.
bonds, 1915. n41s bid, 1l51s asked; Georgia
Smiths. maturity 1896, l02 bid, 1oi asked;
South Carolina 4ias 107 bid, 1882 asked
City Bonds-Atlanta per cent, los bid,
- asked; Augusta per cent. 112 bid. ia
asked. Augusta per cent, l09 bid. 10
l02l5 asked; Macon 6 per cent. l14ls bid.
116 asked; Savannah per cent, quarterly
october coupons, l071z bid, los asked; 5a-
Nannah per Per cent quarterly November
As, 81 bid, % asked.
Railroad Bonds-Savannah, Florida and
Western railroad general mortgage bonds.
per cent interest coupons, ll59a bid -
asked; Atlantic and Gulf first mortgage
consolidated 7 per cent. coupons, January
Central consolidated mortgage per cent
coupons, January and July maturity. 1888
l25 bid. - asked; Central Railroad and
Banking Company collateral gold IS, 81
bid, - asked; Georgia railroad Is, 1870 Ill
bid, asked; Charlotte, Columbia and
Augusta second mortgage, 1l5 bid, ll6
asked; Montgomery and Eufaula trst
mortgage Endorsed per cent, 10Sl5 bid,
ITO asked; Georgia Southern and Florida
FIRST mortgage q per cent. trust receipts,
los bid, JOG asked; Savannah and Atlantic
5s, indorsed 80 bid, - Asked South Geor-
gia and Florida second mortgage, JOG bid,
- asked; Savannah and Western IS, trust
certificates, indorsed by Central railroad,
6lh bid, 6212 asked; Savannah, Americas
and Montgomery IS, 81 bid, 50 asked;
Ocean Steamship 8 per cent. bonds, 1920
So bid, SO asked; Columbus and Rome first
Endorsed 6s. 80 bid, IS asked; Columbus ana
Western per cent fret guaranteed. ~
bid, 115 asked; Augusta and Knoxville
railroad per cent. first mortgage bonds,
los bid, asked; City and Suburban rail-
road first mortgage per cent. bonds, 90
bid. % asked; Alabama Midland 5 per
cent, SO bid. 80 asked; Brunswick and
Western As, 2 asked; South Bound rail-
road IS, Is bid - asked.
Railroad stocks-Augusta and savan-
nah per cent. guaranteed, 81 bid, 81
GeorFa Common no ns7 3D. ieS asked South
western I per cent. guaranteed, S5ls BID,
81 asked; Central 6 per cent. certificates,
railroad stock, 97la bid. SO asked; Atlanta
and West Point per cent. certificates, ~
bid, 99ls asked
20 bid, 20l5 asked Electric Light and Pow
er Company, 81 bid, GO asked
Bank Stocks. Etc.-Citizens Bank, 1854
bid, 1864 asked; Chatham Bank, 4Sls bid.
49A asked; Germania Bank, los bid, loo
asked Merchants National Bank. 1914
bid. 102K asked National Bank of Savan-
nah, 131 bid, 1872 asked; Oglethorpe Saw
ings and Trust Company, l0l bid, 102
asked; Southern Bank of the state OF
Georgia, 1874 bid, 166 asked; savannah
Bank and Trust Company, Jos bid, 107
asked; Chatham Real Estate and Improve
ment Company, A, SO bid, SLY asked; b,
81 bid. Sly asked; Savannah CONSTRUCTION
Company Is bid, asked; Title Guaran-
tee and Loan Company, SO bid, so asked.
Factory Bon1s-Augusta Factory, 6s.
101 bid. 1903 asked; Sibley Factory 6s. lQl
bid, 102 asked; Enterprise Factory IS. lO2lA
bid, 1887 asked: Eagle and Phoenix Manu-
featuring Company per cent. bonds, 81
bid, So asked.
tory, S. bid, Is asked; Eagle and Phoenix
Manufacturing Company, 2O12 asked; Au-
gysta Factory, 70 BID. rs asked; Granite
Factory, 1Q4 bid. 105 asked; Enterprise
Factory, common. 30 bid, SO asked; j; p
King Manufacturing Company, 100 bid
IA bid, rs asked; Savannah Brewing Com
pany. 81 bid, 94ls asked:
New York, Aug. 22.--Money on call was
easy at 1 per cent; the last loan was az
per cent, and at the closing was offered
at per cent. Prime mercantile paper, 40
AZ per cent.
Sterling exchange easier with actual
business in bankers bills at $4.S9I4S9A for
Posted rates. s4.S9hG49O1A. Commercial
biiis, S4.S724dI4.S8i.
Government bonds better; state bonds
" siiye sre al the board was t Quiet. " H.
New York, Aug 22-Treasury balances
were as follows: Coin, $92, ,25S; currency.
New York, Aug. %, noon-Erie. sik;
Northwestern, 1O3; do preferred, LAG; Lake
Shore, ISL; Norfolk and Western preferred
way, common, 1872: Southern Railway,
preferred, 409t American Sugar, 10SB;
baltimore and Ohio Ga; Canada Southern,
Drfelr Ta1 InT@
ware and Hudson, 15lA; Delaware, Lack
aWanna and Western, 1921; Manhattan,
lis; Michigan Central, 101; New York Cen
New York. Aug. 22-Stocks were fever
ish to-day also, as of late, the bulk of
the business was in Industrials. Tobacco
monopolized speculation during the early
session, but in the afternoon Sugar forg
ed rapidly to the front. Tobacco was very
erratic in its course. The stock opened
at 81, fell to 931z, bounced up 20 9612 and
closed rs per cent higher on the day, at
955s. The selling at the start was due 10
the announcement that the outside man
ufacturers will meet in this city .on Sept.
to complete their arrangements for fight
ing the trust. The stock, however, was
hard to borrow and commanded small
premium for use. This had a tendency
to make small operators cover and ac-
counts for the rise noted Sugar dropped
from 1851 to 1861, on the reductien In the
price of refined. Toward the close, how
ever, the stock was taken in hand and
marked up to HOS. Lead, Linseed Oil and
Cotton OH were weak ana decllneQ 11sW
% per cent. Chicago Gas dropped q to
59ik, and rose to 6fssd613s. Operators in
the railway and standard stocks paid very
little attention to the movements Of the
Industrials, and Railways ruled strong
throughout. The crop news was Of a fav-
orable character; there were no new with
drawals of gold for shipment TO Europe
and at the same time the sterling exchange |
market was inclined to greater ease. Lon |
don sold a block Of St Paul, but the stock /
was quickly absorbed. Rock Island was /
taken by brokers supposed to be acting !
for insiders. Chesapeake and Ohio was /
sold down ~ 10 20 by the plunger who |
recently broke Tobacco. Northwest was I
higher on the increase Of S35.3{3 IN earn |
ings for the month OF July The August /
report, u is understood, Will also be fav- |
from 77x 10 81 and Minnesota and ST. |
Louis from Z5A 20 Hq25A IN the last /
the squirt 10 Sugar. Speculation left on |
hrm. Net changes show gains Of * 10 q /
per cent ~ the fnsustnala thf Improve