The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-07-04
FINANCIAL.

FINANCIAL.
Money, 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 up
70 5000; over 5000 at $1.OO per $1,000.
Eoreign Exchange-Market, firm. The
IolloWlng are net Savannah quotations;
SSsoSmGmercial demand. S4Ss; sixty days,
steady francs, Paris and Havre. sixty
days. s5.l7; Swiss, sixty days, s5.lSK
marks, sixty days, 50 3-16.
Securlties-The security market is stead
tSI on southwestern and Central securi-
tles, with limited supply at quotations.
11 Si bi6 iB5onds-Georgia, AZ per cent, 1915
AZ olu i0f asked; Georgia Sl7 per cent. long
yates, lOl bid, l02 asked; Georgia 312
per cent, 1876 101 bid, 102 asked
CITY Bonds-New Savannah ) per cent
SctoDer coupons, 1852 bid, 1868 asked New
savannah per cent. August coupons 1917
DID, 1V7% asked.
Railroad Bonds-Central Railroad and
Bahklng Company collateral. gold IS, "a
pIu, lOO asked; Central consolidated mort
E fS,lg.e Z per cent, coupons, January and
July maturity. l24l2 bid, = asked Savan-
nan and Western railroad, 5 per cent. trust
certincates, 5ll2 bid, 5S12 asked; Savannah,
AIerlcus ana Montgomery per cent, 5212
pa, O512 asked; Georgia railroad per cent,
1910 ia bid, lis asked; Georgia Southern
ana Florida first mortgage 6 per cent, IS
bid, 80 asked; Montgomery and Eufaula
Central railroad, los bid, l07 asked; Angus
ia and Knoxville first mortgage Z per
cent. 1O2 bid, 1OS asked; Ocean Steamship
columbus and Rome first mortgage bonds,
hGorsed by Central railroad, - bid, 50
asked; Columbus and Western per cent.
guaranteed, ll2 bid, 11S asked; City and SUI
| buroan railway first mortgage Z per cent,
81 bid, 50 asked; Savannah and Atlantic
a5 Ts s %STtsags eorr Ss and 20 For 9d
mortgage I per cent, 1O6 bid, asked:
South Georgia and Florida second
railroad 5s. Endorsed. 74A bid, 75sa asked;
Alabama Midland, SO bid, 80 asked; Bruins
wick and western Is, guaranteed, Il asked.
Railroad stocks-Central common, II
bid, 10 asked; Augusta and Savannah
per cent, guaranteed, 70 bid, 81 asked;
Georgia, common. 167 bid, 10 asked;
sThwe9teFn per cent in
Central per cent. certificates q bid, q
asked; Atlanta and West Point railroad
stock, Sc bid. 81 asked; Atlanta and West
Point per cent. certificates, 80 bid So
asked.
Bank Stocks. Etc.-Citizens Bank, ex-
dividend log bid ;o Io4 asked; Chstham Bank,
Germ Germ inf Bank 1o2 ' bid, 1903 ASK ask
ed ex-dividend; Merchants National
Bank, 100 bid 1Ol asked, ex-dlv
bid, 13l asked, ex-dividend; Oglethorpe
Dividend. 90 bid. 100 asked; South
ern Bank of the State of Georgia, 161
bid. 1862 asked; Savannah Bank and Trust
Company ex-dividend, LOG bid, 1OS asked:
Chatham Real Estate and Improve
Company, Il bid, 75il asked; Title Guaran-
tee and Loan Company, so bid,
Snd s Pe1er BC9sh Ele'trc dg6t
81 bid, $50 asked Savannah Gas
Light Company, GOA bid, zig asked; Savan-
nah Brewery Company, % bid, "a asked.
New York, July 3.-Money on call was
easy at 1Q2 per cent; the last loan was
IL per cent, and at closing was offered a
IL per cent. Prime mercantile paper, 30
3l2 per cent.
Bar silver, 664c
Sterling exchange firm, with actual bust
ness in ba y b ILLS at dssM@S9 for 50
ed rates were $4.s9laa4sO13. Commercial
bills. $4S719d4. SSA.
bonds were firm. State bonds were higher.
Silver at the board was quoted dull.
New York, July 3.-The treasury balances
were as follows: Coin, 1855, $40; currency,
New York, July 3.-Noon.-Erie. 1917;
Northwestern, 9Sla; do preferred, 14i1z;
ferred, IA: Western Union, GA Southern
Railway, common, 14A; Southern Railway
preferred, 421A; American Sugar. 1921; Bal
timore and Ohio, 621s; Canada Southern,
551k; st. Paul. 679s; Rock Island. 711s; Della
ware and Hudson, 1891; Delaware. Lacka-
wanna and Western, 16l12; Manhattan,
1l2s4; Michigan Central 1O2A; New York
New York, July S.-There was a decided
falling off in the volume of business in
stocks to-day, the sales footing up 1854
shares. against 3O7, 1868 yesterday The dis
inclination to trade was only natural in
view of to-morrow's holiday. number Of
active traders did not put in an appear
ance at all and the dealings except in
few issues were entirely devoid of excite
ment At the opening the market was rath-
er firm for the railway issues, London hav-
ing cabled higher quotations for Ameri-
W local
The rise in the active list at this time
ranged from Il to q per cent. Colorado
Fuel and Iron, however, jumped to 30,
while the preferred brought 90 against GO,
the last previously reported sale. The i'm
provement in these stocks was due TO
statements that the company had liQuidat-
ed a cumbersome floating debt through
the sale of a block of five per cent mort
gage bonds. There was little furry in
Northern Pacific bonds on the announce
ment that the London plan for reorganiz-
ing the company with Hill-Great North
ern guaranty had been abandoned. Later
on President Hill stated that no one had
onv authority to sneak for the Great
Northern in the matter. 1t is very pretty
quarrel as it stands, and explanations APP
near to be in order. The bulk of the trad
ing however, was in the Industrials, Su
gar figuring for &,900 shares, and Chicago
Gas for 1900 shares The last named was
decidedly heavy and broke from 62A to
SoisG61. TIP to date no statement has been
given out as to the dividend policy of the
company. 1t is understood that President
Lincoln OF the company Is IN TOWN. sugar
closed "a per cent. better on the day on the
advance in certain grades OF refined. The
stock market closed barely steady. Net
changes in the active issues show advances
of 1s612z per cent. The lndustrials gained
u to "a per cent. Chicago Gas lost Us and
Tobacco q per cent. The bond market was
higher. Sales footed up 1854, 00O The sales
to-day of listed stocks aggregated $4,000
shares, and of unlisted stocks 81 900 shares.
New York Stock List-Closing Bids
Stocks and Bonds: American Cotton Oil,
27A: do preferred, 7415; Sugar Refinery,
112: do preferred, lib; Atchson, T. and s.
F., 9s4: Baltimore and Ohio. 62ls; Canada
Pacific, 5S2t Chesapeake and Ohio. 229s;
S4H: Chicago Gas, 81; Del. Lackawanna
and Western. ISL; Distillers. Cattle Feed
ers, 2O7s; Erie. 1913; do preferred, 22l8 Edi-
81: Lake Erie and Western, "a; do preferred
s3ik: Lake Shore 1i934 Louisville and Nash
Vile, 5S1s; Louis. and N. A., S5s; Manhattan