The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-02-06
FINANCIAL

piisand' 45q65c per bushel; tide water
FINANCIAL.
Savannah, Feb. 5.-Monev is in fair de-
mand; call loans, per cent
domestic Exchange-The tone of the
market IS steady Banks are buying at
l-l6 per cent. discount, and selling al 1-I6
premium for amounts Of $500 or over.
oreiSn EXchange-The market is firm
Inc following are net Savannah quota
tons; Commercial demand, S4S7Is; si-.fv
Gays, S4S652; ninety days, s4s6ls: CONT
hnentals, steady; francs. Paris and
IiaVre sixty days, $5.175s; Swiss sixty
days. S5.20is; marks, sixty DAYS. 95ls
oecuri tles-Market quiet and dull; offer
State Bonds-Georgia, AZ per cent. 1915.
ll41a bid, 115is asked: Georgia Z per cent
1880, 1872 bid 1854 asked; Georgia 80 per
cent, long dates, 1O1 bid, 102 asked
lily bonus-New savannah per cent.
April coupons, 1857 bid. JOG asked; new
bid JOG asked
Railroad Bonds-Central Railroad and
bahklng company collateral, gold SIS 80
Did, W asked; Central consolidated mort
sage per cent coupons. January and
NannaE and Western railroad per cent
trust certificates, 50 bid. 50 asked: Sa-
Vannah, Americas and Montgomery per
cent, 80 bid, 80 asked; Georgia railroad
b per cent, 1910, 1903 bid. 10 asked: Georgia
Southern and Florida, first mortgage
per cent, "a bid, Sc asked; Montgomery
ana Eufaula first mortgage 6 per cent
ihdorSed by Central railroad, LOO bid 1O5
asked; Augusta and Knoxville first mort
gage Z per cent. 100 BID, l0215 asked.
ocean Steamship . per cent, due 1920, 97is
bid, 9Sl2 asked Columbus and Rome first
mortgage bonds, Endorsed by Central rail-
road. - bid, 43 asked; Columbus and
Western 8 per cent, guaranteed, 107 bid
n0. asked; City and Suburban railway first
mortgage Z per cent, bid, So asked;
Savannah and Atlantic per cent, in
dorsed, - bid, 81 asked; Electric railway
faaaf - Il.
Georgia and Florida first mortgage 7 per
cent, l07 bid, - asked; South Georgia and
Florida second mortgage, lO6 bid. - asked;
Alabama Midland, SSia bid, 81 asked
Brunswick and Western As guaranteed. "
asked.
Railroad Stocks-Central common. -
bid, l5ia asked; Augusta and Savannah z
per cent, guaranteed, 50 BID, 50 asked;
Georgia, common, 156 bid. 1GO asked; South
western per cent, guaranteed, including
faulted interest, - bid, 10 asked Atlanta
and West Point railroad stock 81 bid. IS
cent. certificates SO bid, IS asked.
Bank Stocks, Etc.-Citizens Bank,
10l bid, 1917 asked Chatham Bank,
IS bid. A asked; Germania Bank.
Bank, 90 bid, SO asked; National Bank
Of Savannah, 100 bid 131 asked;
Oglethorpe Savings and Trust Company,
IS bid, SO asked; Southern Bank of the
state of Georgia, 1872 bid. 165 asked; SavaD-
nah Bank and Trust Company 105 bid. los
asked; Chatham Real Estate and Improve
ment Company. 81 bid, SO asked; Sa-
vannah Construction Company, Is bid
50 asked; Title Guarantee and Loan Com
pany. rs bid, so asked.
London, Feb. 5.-Barsilver was quoted
New York, Feb. 5-Money on call was
easy, al ! to per cent; the last loan was
a per cent, and a the closing was Of
fering at ! per cent. Prime mercantile
paper, 3l5d4 per cent; bar silver, 60c; Mexi-
can dollars, 4S1ec; sterling exchange is
steady. with actual business in bankers
Si8SA G4S9 for demand. Posted rates, ASS
d4S9ia. Commercial bills, S4.S612a4S714.
were dull; railroad bonds We're firm. Sill
yer at the board was quoted at 601sc bid
New York, Feb. 5.-The treasury bal
ances were as follows: Coin, $69, OS6 600;
New York, Feb. 5.-Noon.-Erie, 10;
Northwestern, 81; do preferred, 1884;
Lake Shore, 1879; Norfolk and Western,
preferred l3$i; Western Union, IS; South
ern Railway, common, 10; Southern Rail
way, preferred 81; American Sugar, 925s;
Baltimore and Ohio 60; Canada South
Delaware and Hudson, 1895; Delaware,
Lac5awanna and Western, 1904; Manhat-
tam 1885; Michigan Central, 50; New York
New YORK. Feb. 5.-For December the
Southern Railway reports gross earnings
of $1,66S.903; increase, 1888; expenses,
u
crease, $14390, and for six months to De
cember 81, gross 8746,139; increase, $3.50,
996; exApenses, $5,6 ,275; decrease, $5,5ss;
net SO, 099, S64; increase, $536,5l5.
New York, Feb. 5.-The delay in an
nouncing TIE completion of the negotia-
tions of a sale OF block of new bonds by
the government operated against the
stock market again to-day. There was no
pronounced pressure to SELL however, ana
the decline which took place during the
early hours Of 4 to 23s per cent was due
~. m q n
to accept profits as well as to reduce
their lines so as to be in shape to take adj
vantage of new developments at Washing
ton There was also tendency to re-
Strict operations until the House disposed
of the Springer bill. recovery IN ex-
change, the posted rates OF sterling having
verse influence. Manhattan, Lead, Sugar,
Omaha. Louisville and NashVille, MIS-,
souri, Pacific, Western Union, General
Electric, the Anthracite Coalers, the
Gransers with the exception OF Rock Isl
and and Chicago Gas, were all more or
less prominent in the DOWNWARD move
nent The last named declined from 1oss
to 1884. Notwithstanding the statements
that the party had Withdrawn all opposi-
ton to the Standard OIL interests ana
that the official announcement or tne
,,stiTeroent of the former will be made
public at an early date. The representa-
tives of the latter will take possession OF
the property as soon as matters can De
arranged with the courts. Later IN the
DIV the market improved ana on ihoueF-
ate purchases rallied anywhere from 4 70
5, per cent in the general list, to rs per
sent in Lead London was a buyer of its
- worries but its purchases We're not
large enough to influence prices The re-
cent Improvement in Hooking valley Sc
curities is ascrbed to the fact th7t az
~ election a number of leading capital
ists viii enter the directory. The books
of the annual meeting viii close on FeD.
o. NEXT Speculation closed hrmer with
on advancing tendency Net changes
show losses of 4 to ~ per cent. United
states Rubber rose 19s to A, and Alton
"a nor cent. The bond market closed
firnler. The sales to-day of listed stocks
a.yereeated 109, 900 shares, and of unlisted