The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-08-09
FINANCIAL.


days, A.Syi ninety days, SASSY; francs,
Paris ana Havre, sixty days, S5l0es; SWISS,
sixty days. S5.l1; marks, sixty days, sos.
Domestic EXchange-1he tone OF the
market is weak. Banks are buying at
Is per cent. discount and selling at par 10
Is per cent. premium.
Securities-Ihe market is duh Central
railroad securities and Southwestern are
quiet at quotations.
Stocks and Bonds-State Bonds-GcOr-
gia, 5l2 per cent. bonds OF 1880, lOl12 bio,
I02l2 asked; Georgia 3iz per cents, due
1915 1OlA bid, lU2I4 asked; Georgia ~ per
cent. bonds, 1915, u4i2 bid, hog asked;
Georgia Smiths, maturity 1886, lO2 DID,
lO4 asked South Carolina 4i2s, ~ BIC.
1852 asked.
City Bonds-Atlanta I per cent, los bi1.
asked: Augusta Z per cent, III bio,
ia asked; Augusta per cent, los bio,
ITO asked; Columbus per cent, l02 bic,
lO3 asked; Macon per cent, ia bid, lU
asked; new Savannah per cent, quar-
terly, october coupons, lO'A bid, - asked;
new Savannah 3 per cent, quarterly No
vember coupons, 100 bid, asked;
Charleston A., "a bid, 80 asked.
Railroad Bonds-Savannah. Florida and
Western railroad general mortgage bonds
. per cent. interest coupons, liza bld, -
asked; Atlantic and Gulf rrst mortgage,
consolidated Z per cent. coupons, January
and July maturity, 1871. 1882 BID, loo ask
ed; Central consolidated mortgage per
cent. coupons, January and July matur-
ity 1898 Us bid, asked; Central Rail
road and Banking Company collateral
gold 5s, 80 bid, IS asked; Georgia railroad
j lus
lumbia and Augusta second mortgage,
ll5 bid, ll6 asked; Montgomery ana Eu-
faula first mortgage indorsed per cent,
l07 bid, 10 asked; Georgia Southern and
Florida first mortgage per cent. trust
receipts, l05 bid, 106 asked; Savannah and
Atlantic 5s, indorsed, 30 bid, asked
South Georgia and Florida Endorsed iirsts,
lO7 bid, - asked; South Georgia and Flor
ida second mortgage, Jos bid; - asked; Sa-
vannah and Western 5s trust certlhcateS,
indorsed by Central railroad "a bid, 64la
asked savannah, Americas and Mont
gomery Is, 81 bid, 80 asked; Ocean Steam
ship per cent. bonds, 1920, 30 BID, " ask
ed; Columbus and Rome first indorsed 6s,
- bid, IS asked; Columbus and W estern
6 per cent. first guaranteed, ll2 bid, ia
asked; Augusta and Knoxville railroad
per cent. nrst mortgage BONDS, lO412 pld,
asked; City and Suburban railroad INST
mortgage per cent. bonds, - bid, 81 ask
ed; Electric railway bonds, - bid, 70 ask
ed, Alabama Midland per cent, 80 bid,
80 asked Brunswick and Western As, Y
asked; South Bound railroad 5s, 741s bid,
75la asked.
I per cent. guaranteed, so bid, SO asked;
Central common. - bid, IA asked; Georgia
common. 1863 bid, III asked; Southwestern
per cent. guaranteed, S4iR bid, S51a asked;
Central per cent. certificates, % bid, 20
asked; Atlanta and West Point railroad
stock, 81 bid, IS asked; Atlanta and West
Point 6 per cent. certificates, 81 bid, -
Gas stocks-savannah Gaslight stock,
1919 bid, 2Ola asked; Electric Light and
Bank Stocks, Etc.-Citizens Bank. 105
bid, 1O6 asked; Chatham Bank, 4Slz bid, 49
asked; Germania Bank 1929 bid, = asked;
Merchants National Bank, 1902 bid 10l12
asked; National Bank of Savannah, 100
bid, 1872 asked; Oglethorpe Savings and
Trust Company, 1902 bid lOll9 asked;
Southern Bank of the State of Georgia, 161
bid, 1853 asked; Savannah Bank and Trust
Company, 1O5 bid, - asked; Chatham Real
Estate and Improvement Company 5212
bid, 53i3 asked; savannah Construction
Company, 70 bid, 76 asked; Title Guaran-
tee and Loan Company, 81 bid. = asked.
Factory Bonds-Augusta Factory 6s,
bid 1872 asked; Enterprise Factory, Is, 1O2
bid 103 asked; Eagle and Phoenix Manu-
featuring Company, per cent bonds, rs
Factory stocks-Savannah Cotton Fac
tory, 65 bid, asked; Eagle and Phoenix
Manufacturing Company, q asked; Au-
Vile Factory. $50 bid, = asked; Langley
Factory 104 bid, 105 asked; Enterprise
Factory common, 80 bid, SO asked; J. p.
King Manufacturing Company, 100 bid, 1903
asked; Sibley Manufacturing Company "A
bid, 76 asked.
New York, Aug. S.-Money on call was
at / per cent, and at the closing was
offered at l per cent. Prime mercantile
paper, 4d4la per cent.
Bar silver, 663sc; Mexican dollars, 534c.
Sterling exchange steady, with actual
business in bankers bills at 81 S9A IA 1872
for sixty days and s4.s9@4.S9la for Geman,i.
81. $50 G4.S9.
Government bonds were steady; state
bonds were quiet; railroad bonds were ir
Silver at the board was dull
New York, Aug. S.-The treasury bal
ances were as follows: Coin, So, S79, 251;
currency, $64, 992,lS2.
Northwestern, 101; do preferred. las; Lake
Shore, 149: Norfolk and Western prefer
red. IA; Western Union, 92A; Southern
al
preferred, 4lA; American Sugar 1875;
Baltimore and Ohio. Ga; Canada South
Delaware and Hudson, 1903; Delaware,
Lackawanna and Western, 1924; Manhat-
tan. 1143s; Michigan Central, 1O01s; New
York Central, 1912.
stock exchange are dropping off steadily
in volume and to-day only 1880 shares
of stock and $,l33,0O0 railway and miscel-
laneous bonds changed hands. This is
an unusually poor showing. The changes
in prices, except in rare cases, were on
a par with the transactions and as
rule were confined to the fractions. Brok,
ers and operators seemed to be deVoting
their time to discussing the gold ex
ports and to reading dispatches from the
corn belt as to the condition OF the crop.
The expectation of the yellow metal has
created no uneasiness SO far among le
Ultimate holders Of stocks and the bril-
liant outlook for corn has deferred pro-
feesional bear traders from extending
their lines There is a sort of dead
lock with the market In control of the
purchasers, who change their position
hourly. At the start the market was
rather firm, but soon thereafter Sugar
Leather, General Electric and the Grang-
ers were sold by the traders and prices
ran off u to IA per cent. This was fol-
lowed by a period of almost absolute
stagnation, which was succeeded in turn
nv a movement to cover in Manhattan and
Sugar. The former on this buying rose
1$s to 1855 and the latter is to HAS. The
other prominent issues rallied in SYM
pathy and closed steady to firm. AS com
pared with Wednesdays closing the net
changes were merely fractional either
way. Manhattan, however. gained rs
per cent while Erie preferred which is
rarely dealt in, left off 2is per cent. lower.
at 2iiz, on sales of only 500 shares. Bur
Hngton and Quincy, which was the most
acfiva stock. figured for 1880 shares. IN
General Electric dealings aggregated T.
SnG and i'm Sugar 1920 shares. The other
stocks on the list were traded to the ex-
tent of 1909 shares.
New York Stock disclosing Bios
stocks and Bonds-American Cotton OIL
25ll; do preferred, 72is; Sugar Refinery.
i1ii9; do preferred. 1903; American Tobacco.
iiisS; do preferred, 111ls; Atchison, I. and