The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-03-19
FINANCIAL.

Money is steady, with fair demand.
Domestic Exchange-Ihe tone of the
market is steady Banks are buying at par
and selling at a per cent. premium from
$1,000 30
Foreign Exchange-ATarket steady The
following are net Savannah quotations.
Commercial demand, Sass; sixty days
ASfA; ninety days, Sassy continentals.
steady; francs. Paris and Havre sixty
days, S5.lS1s; Swiss, sixty days, S519st
marks, sixty days, IS.
Securities-The market is steady. Some
demand for Southwestern stock
State Bonds-Georgia, Az pei cent 1915
1li2l bid 1852 asked; Georgia per cent
1896, 1912 bid, 1872 asked; Georgia 31a per
cent, long dates. 1919 bid, 1O2i5 asked
City Bonds-New Savannah per cent
April coupons, 1864 bid, 1862 asked new
savannah per cent. May coupons, 1853
Railroad Bonds-CentraI Railroad and
Banking Company collateral, gold IS, so
bid, 80 asked; Central consolidated mort
gage per cent. coupons. January and
July maturity, 'l22 bid, asked: Savan-
nah and Western railroad per cent trust
certificates, bid, so asked; Savannah.
Americas and Montgomery 6 per cent AZ
bid, 49 asked; Georgia railroad per cent
1910, 100 bid, 10 asked; Georgia Southern
and Florida first mortgage per cent, So
bid, Sc asked; Montgomery and Eufaula
first mortgage 8 per cent, indorsed by
Central railroad bid, 102 asked Au-
gusta and Knoxville first mortgage per
cent. 80 bid, 100 asked; Ocean Steamship
8 per cent, due 1920. 97ls bid, 9S15 asked:
Columbus and Rome first mortgage bonds
Endorsed by Central railroad. = bid, 43
asked Columbus and Western per cent
guaranteed, Ill bid 113 asked; City and SUI
burban railway first mortgage per cent.
- bid, IS asked; Savannah and Atlantic
per cent, Endorsed, y bid, % asked; Elec-
trio railway first mortgage 6s - bid. -
asked; South Georgia and Florida first
mortgage per cent, 109 bid, 10 asked;
gage, los bid, 100 asked; Alabama Midland
= bid, 81 asked; Brunswick and Western
As, guaranteed, Y asked.
Railroad Stocks-Central, common, u
bid, 1872 asked; Augusta and Savannah
per cent, guaranteed, 70 bid, 81 asked;
Georgia, common, l57 bid. l59 asked; South
order for div, 20 bid, Il asked; Central
per cent. certificates, with order for de-
faulted interest, l6 bid, IS asked; Atlanta
and West Point railroad stock, 81 bid, 50
asked; Atlanta and West Point 6 per
cent. certificates, 80 bid, "a asked.
Bank Stocks, Etc.-Citizens Bank
1919 bid. 1021a asked; Chatham Bank,
As bid, as asked; Csermania Bank
1O21a bid, 1O3 asked; Merchants National
Bank, 81 bid, 80 asked; National Bank
Oglethorpe Savings and Trust Company,
9S bid 100 asked; Southern Bank of the
State of Georgia, 1854 bid, 1855 asked; Savan-
nah Bank and Trust Company, 105 bid, LOG
Asked Chatham Real Estate and Improve
ment Company, 81 bid, SO asked; Savan-
a sad con Tts T3pand @ Oi Cons
pany, n bid, 70. eX-dividend. asked.
New York. March 1S.-Money on call
was firm at 2q2l@ per cent; the last loan
per cent. Prime mercantile paper, 41h65
per cent; bar silver, SIC; sterling exchange
easier, with actual business in bankers
bills at $4.S7s4G4SS for 60 days, and S4.s90
4,S9A for demand; posted rates, $4SS1R0
400; commercial bills $4.@Q4.S71a; govern
mcnt bonds higher; state bonds dull
at the board was firm at 635sc.
New York, March 1S.7The treasury bal
ances were as follows: Coin, $s6,524OOO;
New York. March IS, noon.-Erie. Sss;
Northwestern, 80; do preferred, 1879;
preferred, liz; Western Union, 8S15:
Southern Railway common. 1875; Southern
Railway preferred, 49, American Sugar,
Southern, 3S15; St. Paul, Sc; Rock Island
63A Delaware and Hudson, 12714; Della
ware, Lackawanna and Western, 1914
Manhattan, 10S5s; Michigan Central, 9119;
New York Central, 94$s.
New York. March 1S.-The bears of
stocks were evidently thoroughly alarmed
during the early hours of business and
covered freely in every direction. The fact
that Their was a slightly better demand
from outside sources for all classes of
stocks, added to the nervousness prevail
ing in bearish circles. In addition the
market received better support from Lon
don, the recent rise in cotton having led to
the purchase of Louisville and Nashville
Southern Railway and other issues. The
announcement that the presidents of the
Anthracite Coal roads had, at last, agreed
to meet in conference, to act on the ton
mage question also had Stimulat ting in
fiuence. The Reading, it is understood,
has modified it's demands. A feature of
the trading was the increased inactivity in
the low priced issues, especially in the
bitumnous Coalers, Kansas and Texas
Texas Pacific, Central Pacific, Colorado
Coal and Iron, Terre Haute, Denver and
Rio Grande preferred, Omaha, Pan Han
die Ann Arbor and North Michigan and
Wabash. These issues scored gains of p
to 29s per cent. The improvement in the
higher priced issues ranged from 1a6T33s per
cent, Jersey Central leading. The indus
trials were all higher, sugar leading with a
rise of per cent, to 1884. Late in the day
this stock, however, dropped to ylA the
announcement that the Dutch government
had favorably recommended the taking
off of the export bounty on the Dutch
colonies, sugar being unfavorably inter-
preted by local operators. The general
market ran off in sympathy and prices
receded MM% per cent The closing was
fairly steady. Net changes show gains of
Ad2ss per cent, Jersey Central leading.
Sugar lost y and New England, 4 per
cent. The bond market was active and
strong.
1876, 900 shares; unlisted 1900.
New York Stock disclosing Bids
Stocks and Bonds.-American Cotton Oil.
PASS; do preferred 69$4Q7OA; Sugar Rein
bacco, 81; do preferred Jos; Atchison,
Topeka and Santa Pc, A; Baltimore and
Ohio, SO; Canada PACING, 3S12; chesapeake
and Ohio, 1873; Chicago and Alton 146;
Chicago. Burlington and Quincy, IT'S;
Chicago Gas, 707s; Delaware, Lackawanna
and Western, 1859; District Cattle Feed,
i17k: Erie, 81; do preferred. 1919; Edison
General Electric, 29l4; Illinois Central.
S5lh: Lake Erie and Western, 1872; do
preferred, q; Lake Shore. 1861; Louis
Vile and Nashville 491s; Louisville and
n A., ~; Manhattan, l0S; Memphis and
Charleston, 10; Michigan Central 9215;
Missouri PACIFIC. 2O5s; Mobile and Ohio,
eS: limited States Cordage. 81; do pre-
ferred sla; New Jersey Central. 921s; New
York Central. 94s: New York and New
England 1915; Norfolk and Western pre-
ferred. 12%; Northern Pacific, Sls; do
preferred, Is; Northwestern. 9Ois; do pre-,
ferred 1873; Pacific Mail, 2ll2; Reading,
9: Rock Island, 63lb; ST. Paul. 56ls; DO
preferred lis: Silver Certificates, 63A
Tennessee Coal and Iron, 14ls; do do pre-
ferred. 20 asked; Texas Pacific, 81 Union
Pacific 50 Wabash, st. Louis and Pa
cifc 57lA: do do preferred. 1888, Western
Union, SIS; Wheeling and Lake Erie, ia;
do do preferred. 302s. Southern Railway
80 loo nrrnr