The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-12-29

pentine. nothing doing in machine and
irregular. Tar quiet at soc. Crude tur-
pentine, hard, not quoted; soft, Sl.40; viz
gin, $3.50.
New York Dec. 2s.-Rosin quiet, steady,
unchanged. Turpentine frm.
FINANCIAL.
Money is easy; demand fair.
Foreign ENchange-The market was
unsettled. The following are net Sa-
vannah quotations: Commercial demand,
sass; sixty days, A.S7; ninety days,
81. SOS; francs, Paris and Havre, sixty
days, $5lS5s; Swiss, sixty days, S5.2074;
marks, sixty days, 9l3s.
Domestic Exchange-The tone of the
market is steady. Banks are buying at
l-l6c discounts selling at, up to SIS, l0c;
Up to $50, l5c; up to 500, 20c; up to 500,
25 c. up to $500 Is per cent; $500 and over,
1-l6 per cent.
Securities-The market continues quiet
but fair inquiry for Investment bonds.
Railroad Securities are duh and neglected.
Stock and Bonds-StaJe Bonds-tieor-
gia, 3la per cent. bonds, of 1880, 1903 bid,
1882 asked; Georgia 81 per cents, due 1915,
log bid, 1922 asked; Georgia AZ per cent.
bonds, 1915, ll6 bid, III asked; Georgia
Smiths, maturity 1885, 1914 bid 1912 asked;
South Carolina 42s, LOG bid, los asked.
City Bonds-Atlanta 7 per cent, 107 bid
asked; Augusta 415s, 1925, 1912 bid, 1861
asked; Augusta z per cent, ia bid, lis
asked; Augusta per cent, Ill bid, 1i2
asked; Columbus 5 per cent, 10i bid 105
asked; Macon per cent, 1l5A bid,
ll6ls asked; Savannah per. cent, quar-
savannah . per cent; quarterly Feb
Charleston As, IS bid. 96 asked.
Railroad Bonds-SaVannah Florida and
western railroad general mortgage bonds,
per cent. interest coupons, ia bid, ISL
asked; Atlantic and Gulf first mortgage,
and July maturity, 1897, 1912 bid, l05
asked Central Railroad and Banking
Company, collateral gold. IS, = bid. 95I2
asked; Central of Georgia Railway con-
solidated IS, 50-year gold bonds, 90 bid,
% asked; Central of Georgia Railway
LIST preferred incomes, 80 asked when
issued. Central of Georgia Railway I'd
preferred incomes. 22l5 asked when is
sued; Central of Georgia Railway Sd pre-
Georgia Railroad 6s. 1910, 113 bid, lis
asked; Charlotte, Columbia and Augusta
first IS, - bid, 100 asked; Charlotte, Co
lumbia and Augusta second mortgage Is
bid 116 asked; Georgia Southern and
Florida new 5s, - bid. 96la asked; Georgia
Southern and Florida, 6s, bid. 1071a
mortgage Is, Jos bid, - asked; South Geor-
gia and Florida second mortgage Is, 105
bid, - asked; Savannah and Western IS,
railroad. 81 bid, e5 asked; Savannah,
Amerlcus ana montgomery 5s, - bid,
IS asked; Ocean Steamship 5 per cent.
bonds, 1920 bid, 100 asked; Augusta
and Knoxville railroad per cent first
mortgage bonds, bid, 122 asked; City
and Suburban railroad first mortgage Z
per cent. bonds, - bid rs asked; Elec-
trio Railway IS, due 1885. 1919 bid, % asked;
Alabama Midland per cent, indorsed,
IS bid. 81 asked: Brunswick and West
ern As, bid 20 asked; South Bound
railroad IS, = bid, rs asked; Southern
Railway IS, 80 bid, SO asked.
Railroad Stocks-Augusta and Savan-
= bid Is asked Georgia. common. 1870 bid
1S3 asked Southwestern, "a bid, 95 asked ;
ex-diyidend Central per cent. certificates,
Point railroad stock, 102 bid. 104 asked;
Atlanta and West Point per cent. GER
tiicates, 98 bid 100 asked, eX-interest; Sa-
vannah Construction Company, rs bid,
0O Gas AS stocks-savannah Gaslight stock.
22A bid, % asked; Electric Light and Pow
er Company, SO bid. 20 asked ex-div.
Bank Stocks, Etc.--Citizens Bank
ex-diyidend, los bid, 1O9 asked;
ex-dividend Germania Bank. 1852 bid
| 1919 asked ex-div; Merchants National
Bank 10i bid, los asked; National Bank of
/ Savannah 1924 bid, 1891 asked; Oglethorpe
/ Savings and Trust Company, 100 bid, l0l
/ asked; ex-div, Southern Bank of State of
6e9f and II Trust Company 1854 5id I6ss
/ asked; ex-div.; Chatham Real Estate and
Improvement Company, A, 50 bid, 5S1s ask
/ Guarantee and Loan Company. "a bid -
Factory Bonds-Augusta Factory. IS.
1903 bid 104 asked; Sibley Factory Is, 10S
{ hid 1O4 asked; Enterprise Factory 6s lO4
/ bid los asked; Eagle and Phenix Manu-
featuring Company, per cent. bonds, 50
Factory Stocks-Savannah Cotton Fac
/ tory. - bid, 65 asked; Eagle and Phenix
/ Manufacturing Company, % bid, q asked ;
/ Augusta Factory, q bid, l9 asked; Gran
! iteVilIe Factory, 100 bid, 1872 asked. Lang
/ lev Factory, 107 bid, los asked; Enterprise
/ Factory common 100 bid. lOl asked; ]. p.
/ King Manufacturing Company, LOG bid, los
/ asked; Sibley Manufacturing Company,
/ so bid So asked; Savannah Brewing Com
pany stock, a bid IS asked.
I New York, Dec. &.-Money on call was
at 6 per cent Prime mercantile paper.
! ps0n5t5 per cent. Sterling exchange.
/ steady. with actual business in banl1ers'
bills at Sf.S7l2G4S for sixty days and
81 S9674 S9i4 for demand; posted rates,
81 SSik@4 90ia. Commercial bills, S4.S7Q
Bar silver $3.50.
Government bonds were firm: state
bonds were quiet railroad bonds were
Silver at the board was firm.
New York. Dee. 2S-Treasury balances
were as follows: Coin. 1929, l6i; currency,
New york. Dec. 2s.-The weekly state
ment Of the associated banks show the
following changes. Reserve. decrease,
Il49125. loans. a decrease OF Sl1.ls0 roo;
ders a decrease Of 445l,209' deposits. a
decrease Of S6lN, 51Q, circulation de-
crease of $4,000 The banks now hold
I5@9Gl5 IN excess OF the 70 per cent
legal requirements.
Sew York. pes. 2s.The New York
l Financier SAYS this week: The wear closes
/ Win the loans of the clearing house banks
an their lowest figure. the total sf7s 43G. 10
1 being s-.pfol under The reiuru made April
Tire unusually heavy decrease of slf Is4-
I l0N lh loans Tor The week. lusl ondca re
/ neeta f.l. comm. Nnn which me naui,
/ surprise d. thaf lhc cio-ine ont ~ loans
/ Wal Dot larger tNe thfnhHEe from fhf
however. oyer 100000 At ihe ta6e sepf
/ lH when flf banks hal oufefaiI iue IN
J largest toiai 81 loans ia fhe history "a