The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-04-25
FINANCIAL.

lNVWIUgf"TW9 T0We on TTn
market is steady. Banks are buying at par
ana selling at a per cent. premium up to
1900; over 5000 at S1.00 per 81 900.
Foreign EXcEange-Marl1et firm. The
following are net Savannah quotations.:
Commercial demand. ASss4, sixty days,
S4.St%; ninety days, S4.S6l5: continentals,
steady; francs Paris and Havre, sixty
marks sixty days, IS 3-l6.
Securities-The market IS steady and
rather dull and lifeless.
State Bonds-Georgia, Az per cent, 1915
1l4st bid, 1l5l2 asked; Georgia per cent,
1896, l04 bid, 105 asked; Georgia 3ia per
cent, long dates, 1902 bid, 1903 asked.
City Bonds-New Savannah 5 per cent.
July coupons, 1O6 bid, = asked; New Sa-
Nannah, per cent May coupons, 1864
bid, asked.
Railroad Bonds-Central Railroad and
Banking Company collateral. gold IS, 30
bid, 80 asked: Central consolidated mort
gage per cent. coupons. January and
July maturity, 122 bid, asked; Savan-
nan and Western railroad per cent. trust
certificates, 52ia bid 531a asked; Savannah,
Americas and Montgomery per cent, 52l2
bid, 5312 asked Georgia railroad per cent,
1870 bid, 10 asked; Georgia Southern
and Florida first mortgage 6 per cent, 81
bid. Sc asked Montgomery and Eufaula
Central railroad, 1O11a bid, 1903 asked; Au-
gusta and Knoxville first mortgage per
cent, 9S bid 101 asked: Ocean Steamship
5 per cent. due 1920, 97lA bid, 9S15 asked;
Columbus and Rome first mortgage bonds,
Endorsed by Central railroad, - bid, 43
asked; Columbus and Western 6 per cent,
guaranteed Ill bid, 112 asked; City and Su-
burban railway first mortgage per cent.
- bid, 81 asked; Savannah and Atlantic ,
per cent, Endorsed, Is bid, 20 asked: Elec-
trio railway first mortgage 6s, AZ bid, 80
asked; South Georgia and Florida first
mortgage Z per cent, 109 bid ITO asked;
South Georgia and Florida second port
gage 10S bid, 109 asked; Alabama Mihand.
= bid, 81 asked: Brunswick and Western
As. guaranteed, e asked.
Railroad Stocks-Central common 11H
III oe1y1 Artp1 nd Ga
per cent, guaranteed, n bid, 81 asked
Georgia. common, 157 bid, 1859 asked; South
western per cent, guaranteed, including
order for div. ,69h bid, 10A asked Central
per cent certificates, with order for de-
faulted interest 1917 bid, 1712 asked; Atlanta
and West Point railroad stock, 90 bid, "a
asked; Atlanta and West Point per cent.
certificates, 9412 bid, 9516 asked
Bank Stocks, Etc-Citizens Bank 1O3
bid, 1O4 asked; Chatham Bank, 49, bid, a
asked; Germania Bank l0219 bid 1882
asked; Merchants National Bank, 9Sis bid,
100 asked National Bank of Savannah, l3S
bid - asked, Oglethorpe Savings and Trust
Company, 90 bid, 101 asked; southern Bank
of the State of Georgia, 1854 bid, 100 asked;
Savannah Bank and Trust Company, l02
bid loo asked Chatham Real Estate and
Improvement Company, 527s bid 5312 asked ;
Savannah Construction Company, % bid,
rs asked Title Guarantee and Loan Com
pany, so bid, asked; Brush Electric
Light and Power Company, 55t2 bid, 0o32
asked; Savannah Gas Light Co.. 70 bid, Il
New York. April 24.m-,Money on call
easy at 115a2 per cent. The last loan was
at IL per cent. and at the closing was
offered at 11A per cent. Prime mercantile
paper 41kq5 per cent.
Bar silver is quoted at $3.50
Sterling exchange firm with actual BUS
mess in bankers bills at S4SSl2G4; 6SA Tor
sixty days and S4.S9ls44.Ss& for demand;
Posted rates $4.S9Q4.9Ol2 Commercial
oi Govs sfp1itO Bonds firm. State bonds
were dull. Railroad bonds were active
go. 1,a 1anO ~ stronger.
New York, April 24.-Treasury balances
were as follows: Coin, sSS,54s,OOO' curren-
eY Sew sS9'' YORK. April "a, noOn-Erie 124
Northwestern, 9SlBc; do preferred, 14l;
lake shore. 1412L: Norfolk and Western
preferred, 164; Western ~, Union 81; SOUTH r.
way preferred, 55l@; American sugar,
1865; Baltimore and Ohio, 90; CANADA
Southern, So; St: Paul, 81; Roek lsland'
81: Delaware and Hudson, 100; Delaware,
T,ackawanna and Western, 100; Manhat-
tan. 49, Michigan Central, 100; New York
Central. 1912. r.,.... -,
Stock Exchange opened strong on buying
for foreign account. The demand ran 10
Southern Railway St. Paul, Louisville
and Nashville and Northern Paclnc issues.
The Improvement however, was merely
fractional. and after the inquiry Tor Tor
eign account abated the market ragged
and then drifted into dullness In the
last hour the Coalers broke badly Deia-
ware and Hudson falling from
l3O1s to 127A, Reading from 1923 70
IS Jersey Central from 81 to 9il9, Lacka-
wanna from 1862 TO 159. The slump was
due TO a report that the Lackawanna had
absolutely refused to concede the Reading
q per cent of the tonnage, and that an
NEGOTIATIONS were off. The break result
ed In selling of the general list and the
prominent issues receded a TO lss per cent.
Northwestern got back to 97ss: New Eng
land to SO: Manhattan TO us; chicago
Gas to 72ss; Missouri Pacific to 2Sas; 81.
Paul TO GIG; Rock Island to 669s and Cen
eral Electric TO 1874. In the tinal trans c-
lions the market vas barely steady ~
tone. Net changes show declines OF y 70
q per cent. on general list, while the An
thracite Coalers lost i8@J per cent;
Among the inactive stocks Long islana
Traction sold mp 10 IS on a. report that the
management would be taken over by GER
tain prominent New York capitalists. FIX
GOV. Flower Is mentioned in this connee-
ton. The activity IN the bond market
keeps up. a further advance ~ u -
pfr cent was established. The sales to-
aau - itafea stocks aSefeNht "a s94ftsfl
sNafes and of unlisted stocks en shares.
New york stock List-ciQsinE Bids
stocks and Honas-Amefican Cotton OH
81 ~ preferred 1a, Sugar fsaaneff, lt*si
10 preferred, e5lss American Tobacco. ielsi