The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-02-05
FINANCIAL.

1OuEn Rice
75casl.2o.
FINANCIAL.
Savannah, Feb. Mooney 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 at 1-l6
premium for amounts Of $50 or over.
Foreign EXchange-The market is firm
The following are net Savannah quota
ions; Commercial demand, S4s7ia, sixty
Gays. S4sS1a, ninety. days, $4s6'5; conti-
Havre, sixty days. $5i77S, swiss, sixty sixty
Gays, S5.20's; marks, sixty days, 95ls.
ities-Market quiet and dull offer
lng4 hshti Savannah Construction Com
State Bonds-Georgta, ~ per cent. 1915
llll51s bid, ll5la asked; Georgia Z Per cent,
cent, long dates, l01 bid, 102 asked
city Bonds-New Savannah 5 per cent
e eaLLn coupons I1ot2 pa, iUe asked new
gay annah per cent May coupons, 105
Railroad Bonds-Central Railroad and
Banking Company collateral, gold IS, 80
bid. 9S asked: Central consolidated mort
gage Z per cent coupons. January and
duly maturity. 12o bid, = asked; Sa-
trust certificates. 50 bid. 50 asked, sa-
vannab, Americas and ontgomery per
cent, 50 bid, % asked; Georgia railroad
s per cent, 1910, 109 bid, 10 asked; Georgia
Southern and Florida, first mortgage s
per cent, "a bid, S6 asked; Montgomery
and Eufaula first mortgage s per cent,
Endorsed by Central railroad 1882 bid 1O5
asked; Augusta and Knoxville first mort
gage z per cent, 100 bid 1922 asked;
Ocean Steamship per cent, due 1920, 971a
bid, 9S1b asked; Columbus and Rome first
mortgage bonds. Endorsed by Central rail-
road bid, 43 asked; Columbus and
Western per cent. guaranteed, l09 bid
10 asked City and Suburban railway first
mortgage Z per cent, = bid, IS asked
Savannah and Atlantic per cent, in
dorsed, bid, 81 asked, Electric railway
first mortgage 6s, = bid, 49, asked; South
Georgia and Florida first mortgage Z per
cent, 107 bid, asked; South Georgia and
Florida second mortgage, 1O6 bid, - asked;
Alabama Midland, SSls bid. 81 asked.
Brunswick and Western As, guaranteed, u
asked
Railroad Stocks-CentraI common. 49,
bid 1872 asked; Augusta and Savannah
per cent. guaranteed, so bid, S31s asked
Georgia, common, 156 bid, 100 asked South
western Der cent. guaranteed, including
per cent certificates, with order for de-
fauIted interest, - bid, 19 asked; Atlanta
and West Point railroad stock, 81 bid, s.
asked; Atlanta and West Point 6 per
cent certificates, "a bid 50 asked.
Bank Stocks, Etc.-Citizens Bank,
1oi bid, 1919 asked; Chatham Bank,
1921 bid, 103i5 asked Merchants National
Bank, 81 bid, SO asked National Bank
of Savannah, 100 bid. 1S1 asked;
81 bid, SO asked; Southern Bank of the
State of Georgia, 1872 bid, 1865 asked; Savan-
nah Bank and Trust Company, los bid lO6
asked; Chatham Real Estate and Improve
ment Company, SIG bid, 52la asked; Sa-
vannah Construction Company, "a bid,
50 asked; Title Guarantee and Loan Com
pany, rs bid so asked.
London, Feb. l. 1:50 p. m.-Paris advices
quote 8 per cent. rents 103f, 25c for the
account.
New York, Feb. Mooney on call was
easier at 1@2 per cent. the last loan was
at l per cent, and at the closing was
offered at | per cent Prime mercantile
paper, 31aG14 per cent. Bar silver, 6O1sc.
Sterling exchange unsettled. with actual
business in bankers bills at $tS6l404S7l4
for sixty days and S4.SSQ4. SSl2 for demand.
bills, S4S6A. Bonds were weak; state
bonds were dull. Railroad bonds were
lower, Silver at the board was quoted at
New York. Feb 4.-The treasury. ball
ances We're as follows: Coin, $50, 1000;
currency. s79,172o0o
Northwestern, 96a4 do preferred, 14S; Lake
Shore, 1877; Norfolk and Western pre-
ferred, 1S9s Western Cnion. S1A South
way preferred, 32l4; American Sugar, 923s:
Baltimore and Ohio, 62l2; st. Paul, 56ss;
Rock Island, g.; Delaware and HUDSON,
ern 16l1a Manhattan, l09; Michigan Cen
trail, IS; New York Central. s9la; Canada
New York. Feb. 4-The tendency Of
prices at the Stock Exchange during
the early trading was downward, opera
TORS having been disappointed at the de-
Law in the bond issue. the defeat of the
Reilly bill in the House Saturday led
to selling for both home and foreign ac-
count and as a result prices 1el Il TO
. ner cent In the first hour Union Pa
cifc led the downward movement, fall
ing to 81. Chicago Gas cropped from
ISL to 74% on rumors of a hitch in the
NEGOTIATIONS for q settlement of the trou
bles now existing between the Benedict
and Standard Oil interests. The pool
earnings of st. Paul and the Rock Island
roads for January operated against the
railway list and a decline OF a to J. per
cent was noted After the first hour the +
market gradually gathered strength, and
prices moved up everywhere from y to
- nov cent The Improvement was due
to a reduction in exchange TO 4511s and
489 the return of $5O5,OO0 gold 70 the SUBJ
treasury by Lazard Frers, and 70 an I'M
confirmed rumor that the can Tor the
bond issues will be given out tomorrow.
IN regard TO the bond issue matter u
il stated that the call will not be made
n1blic till Wednesday. and that the issue
tEiil he 800 900 600 OF this amount, S73,-
oa0 0O0 Is to be placed in London, Paris,
ana Holland and 81, 100000 at nome. The
leading bankers of this city have ar
ranged TO assist the syndicate in making
tbe Ioan a success and VIII temporarily
4dvance all the gold necessary The /
stocks most prominent IN the rise We're
American Sugar Louisville and Nash
vile. the Changers, western Union,