The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-02-21

49, NpidIu, 494oJc per DuSnelt tide water
/ 75cQSl20.
FINANCIAL.
Savannah. Feb. 20.-Money is in fair de-
mand; call loans, 8 per cent.
Domestic EXchange-The tone of the
market is steady. Banks are buying at
par and selling at 4 per cent premium
from SlOO 70 $1,000; for larger amounts
Fore On Exchange-Market steady.
/ The following are net Savannah quota
tons; Commercial. demand SLS7; sixty
days, %.S61s; ninety days, 1885, CONT
nentals, steady; francs, Paris ana
Havrei sixty days, Sj.lSs; Swiss. sixty
days s5.aJ1s' marks, sixty days. "a l5-1t.
Securi tles-Market is quiet and dull, with
a persistent demand for Southwestern
railroad stock. Light offerings.
state Bonds-Georgia, az per cent, 1915,
/ Il4is hid, lI5ih asked. Georgia per cent.
1895, 104ik bid 1859 asked; Georgia 81 per
4 cent, long dates. 10li2 bid, l02ls asked
/ CITY Bonds-New Savannah 8 per cent.
/ April coupons lO5i2 bid, 1862 asked; new
/ savannah per cent. May coupons, 105ls
bid 1852 asked.
Railroad Bonds-CentraI Railroad and
/ thanking Company collateral, gold 5s, 80
/ bid, So asked; Central consolidated mort
7 gage Fer cent coupons, January and
july maturity 120 bid asked. Sa-
Nannat and Western railroad per cent.
/ trust certificates, 50 bid - asked Sa-
/ Vannah, Americas and Montgomery . per
/ cent, 49 bid, 50 asked: Georgia railroad
1 3 per cent, 1910, l09 bid, 10 asked; Georgia
/ Southern and Florida, first mortgage S
per cent, ST bid, 81 asked; MONTGOMERY
and Eufaula first mortgage 6 per cent
/ Endorsed by Central railroad, 162 bid. 1O3
asked; Augusta and Knoxville first mort
/ gae per cent. 100 bid. l02 asked;
Ocean steamship per cent. due 1925 51s2
/ bid, 9Si2 asked; Columbus and Rome first
mortgage bonds, indoraod by Central rail-
| road. bid, 4S asked: Columbus and
/ 10 asked; City and Suburban railway first
/ mortgage 7 per cent, bid, S. asked; :
/ SavaRnah ana Atlantic per cent, in,
3 n-lFg ODD ttgas4F Yrffa ~
/ Inst mortgage 6s, bid, asked; South
/ Georgia and Florida first mortgage per
! cent, l09 bid, 40 asked; South Georgia and
/ FLORIDA second mortgage, lCS bid 1903 ked !;
/ Alabama Midland, 1872 BID, 81 asked
| Brunswick and Western As, guaranteed, %
asked.
Railroad Stocks-Central common. -
bid, 1875 asked; Augusta and Savannah 7
per cent, guaranteed, 79 bid, 81 asked !;
Georgia common Isl bid. 159 asked; South
western per cent. guaranteed, including
order for div, 6S bid, SO asked; Central
per cent. certificates, with order for de-
faulted Interest, 10 bid, 10 asked; Atlanta
and West Point railroad stock. Sc bid, S.
asked; Atlanta and West Point per
cent. certificates, 80 bid, 81 asked.
Bank Stocks, Etc.-Citizens Bank
Al bid &c ASKED; Germ iai Bank,
1925 bid. 1882 asked; Merchants National
bank. IS bid, 100 asked; National Bank
Of Savannah, $50 bid, 49, asked:
Oglethorpe Savings and Trust Company,
So bid. 100 asked; Southern Bank of the
State of Georgia, 1853 bid, 165 asked; Savan-
nah Bank ana Trust Company, los bid. los
asked; Chatham Real Estate and Improve
ment Company, 81 bid, So asked: Sa-
vannah Construction Company, rs bid
70 asked; Title Guarantee and Loan Com
pany. rs bid 80 asked.
London, Feb. 20.-Bar silver was quoted
at y ll-lGd.
New York, Feb. 2O-Mouey on cali has
been easy, at ll2 per cent. The last loan
was at liz per cent, and at the closing was
offered at lie per cent. Prime mercantile
paper. 3l2u4 per cent; bar silver, 6)≻
| Mexican dollars, 4Sl2c. Sterling exchange
Is weaker, with actual business in bankers
bills at 81. S634 for sixty days and 1888 for
demand; posted rates, A.S712a4S9; com
mercial bills, $4.SGl2. Government bonds,
strong. Silver at the board was SIC bid,
New York, Feb. 20-The treasury bal
ances to-day We're follows: Coin,
5,262 900; currency, $40, 139, 600.
New York, Feb 20, p. m.-Erie. So;
Shore 1854; Norfolk and Western pre-
ferred, 115s; Western Union, SIS; Southern
Railway, common, 10is: Southern Railway.
preferred. 3ll2; American Sugar, Y224 Bal
timore and Ohio, 62l4; Canada Southern.
4sL; st. Paul, $50 Rock Island 623s; Della
ware and Hudson, l2732; Delaware, Lacka-
wanna and Western, 1852; Manhattan. 107;
Michigan Central, SO: New York Central,
New York, Feb. 2O.-The great success
of the acknowledgment syndicate both ia
New York and London, created quite
little bullish feeling on stocks, but unfor-
tunately for the commission houses, il
did not bring with 1t any material increase
in business. In fact the sales were less
than yesterday, amounting to 119 065
shares, against 123,199 on the day named.
The dullness, in face of the enormous sub
scriptionS and the virtual defeat of the
free silver coinage bill In the Senate, was
disappointing. but the best opinion is that
when the Importance Of the efforts of the
syndicate to keep the government gold re-
serve intact is better understood ii will
be reflected in a broader and higher market
for securities generally. Already the ster-
ling exchanges have commenced to weak
en- on sales of bills by bankers identified
with the syndicate, and the old govern
meDt issues have advanced to a higher
level The new As, for which subscriptions
were invited at ll2i4 this morning, We're
bid for al lis at the close Of business Prob
ably the best feature of the deal is that
considerably over one-half Of the new is
sue will be placed abroad. The commits
sion on gold disappeared entirely after the
announcement that J. =. Morgan had
turned in 81, l23, 90 gold to the sub-treasury
in exchange for legal tenders. This gold
was the excess amount rec lived fr m men,
bers of the syndicate ano bidders for the
bonds. The Improvement in prices ranged
from "a to IL per cent, the Changers, An
thracite COalers Missouri Pacific, Erie
and Western Union leading the rise. Chi
cago Gas was unsettled and irregular on
the reiteration and denial Of the rumors
Of a big floating debt. Tobacco was
weak spot and dropped from 9OA to SIS
on liquidations. Certificates in the names
OF old-time holders are making their APP
pearance on the street. Distillers ruled
firm on the efforts making 10 advance
the price Of spirits and reorganize the
property. in the inactive stocks Evans
VILE and Terre Haute dropped to 30,
and Consolidated Gas rose to 100 Ma
tional Starch, common, fell to s. and do
first preferred % 81. The refusal OF the
Senate TO take up the Patterson pooling
bill had no influence on The market. Specu-
lation closed hrm. Net changes show ad-
vancag of Y to IL pCr cent. Delaware