The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-05-29

eANdA9t with q IdlT demand.
Domestic Exchange The tone al the
market IS steady. Banks are buying at par
e. 49, seIlihg at Is per cent. premium up 10
sOlvO0i over 5000 at s1.00 per $1,000
Foreign Exchange-AIarket steady. The
1TolIoWlhg, are net Savannah quotations:
Si0sSs5 iI n, demand, st.s7ls sixty days.
STEADY; francs, Paris and Havre. sixty
GAYS, So.lSl2; Swiss. sixty days. IS 2OaI:
marks, sixty days, 95
steady - Hu'e' anu
state Bonds-.Geo-gla, Az per cent. 1915.
id9 old ll6 asked; Georgia, per cent
loso, Iy9 bid los asked; Georgia ga per
cent, long dates, 1O2 bid. 1O3 asked
CITY Bonds-New Savannah : per cent.
Juiy coupons, l07 bid, asked New Sa-
h tdliiah . per cent, August coupons, lO7
Railroad Bonds-Central Railroad and
LP,SanSolLhg company collateral, gold 5s 80
oIu, 70 asked; Central consolidated mort
faSse per cent. coupons. January and
July maturity, 1872 bid, - asked; Savan-
nan ana Western railroad. per cent trust
certlhcates, 81 bid, IS asked: Savannah
Anne rious and Montgomery per cent. "a
i3nl,dd' % asked; Georgia railroad per cent
lslo I no bid, ll2 asked; Georgia Southern
b biS e 81 hrst mortgage per cent, 81
9iu, 20 asked; Montgomery and Eufaula
nrst mortgage per cent. indorsed by
central railroad, 101 bid, 103 asked Au-
guSta and Knoxville first MORTGAGE pel
cent rs bid, 100 asked; Ocean Steamship
. per cent. due 1920. 97i5 bid, 9S1b asked
columbus and Rome first MORTGAGE bonds
asked Columbus and Western per , CENT
sudrahteeu, ITO bid, ll2 asked; City and Su-
5 1urpaa railway. first mortgage per cent.
80 bid, IS asked; Savannah and Atlantic 4
per cent, indorsed 10 bid % asked. Fiac-
trio railway first mortgage IS, rs bid. 81
asked; South Georgia and Florida first
mortgage Z per cent. 1O6 bid 1O7 asked:
South Georgia and Florida second mort
gage, lC5 bid, LOG asked; South Bound rail-
road Ssi Endorsed; a bid, rs asked; Ala
bama Midls nd, 50 bid, 30 asked: BrunsWici
ana w eSIeTn As guaranteed II n
Railroad Stocks-Central common, p
bio. IL asked: Augusta and Savannah
Georgia, common, 100 bid 1872 asked:
southwestern I per cent. guara nteed. In
c Cg order for div, 66 bid, 67l9 asked
for defauited interest, IL bid, 17IS asked.
Atlanta and West Point railroad stock
"a bid, 80 asked; Atlanta and West Point
6 per cent. certificates, SO bid, 81 asked
Bank Stocks. Etc.-Citizens Bank. IO3a,
bid, 1919 asked Chatham Bank, 4Si4 bid, AZ
asked; Germania Bank 1913 bid, lOi asked:
Merchants National Bank, $751; bid. 100
asked; National Bank of Savennah, iS2
bid, asked; Oglethorpe Savings and
Trust Company, 100 bid, 101 asked: South
l66 asked; Savannah Bank and Trust Com
pany, 106 bid, l07 asked; Chatham Real
Estate, and Improvement Company. SO
bid o. asked; Savannah Construction
Company, a bid, 75;k asked; Title Guar SlGH
tee and Loan Company, 70 bid 81 asked;
Brush Electric Light and Power Com
Light Company. 20 bid. q asked.
New York, May 2S.-Money on call was
easy at 101h per cent; the last loan was
at per cent and at the closing was offered
at ] per cent Prime mercantile paper,
$685. per cent.
Bar silver, 67Isc.
ness in bankers bills at $4.S7G4S714 for
sixty days and $SSq4.S8l4 for demand.
Posted rates, A.S712q4sSl9 Commercial
bills, $4.S6Ad4.S624.
6c firm. CT de
Ter; railroad, bonds were lower.
Silver at the board was steady.
New York, May 2S.-The treasury bali
ances were as follows: Coin, sS4,2S1 OOO
currency, 900.
New York, May %, noon.-Erie, l2A
Northwv,testern,, sS7s; do preferred, ni1z
preferred, Is; Western Union 92ss; South
ern Railway common IA; do preferred,
1914; American Sugar, 1861; Baltimore and
Ohio, "a; Canada Southern, 5S24; st. Paul,
CTS; Rock Island, 691s; Del
aware and Hudson, 1919; Della
ware, Lackawanna and Western, 100;
Manhattan, l15; Michigan Central 1OOs;
New York, May 2s.-The dominant fac
tor in the stock market to-day, as of
late, was the news about the crops. Re-
ports from the west continue generally
unfaYorable, it being again stated that
conditions are greatly against winter
wheat and that a small yield is inevita-
BILE. Higher prices for the product rath-
er corroborated this view, and as the re-
cent advance in stocks has been based
on prospective good crops, the profession
ais, ever ready to make a turn, took adj
vantage of the rumors to hammer the ives
tern railway shares. In addition London
sold fully 10000 shares, and this assisted
9Perators playing Tor Tgaeon fT Ine
~ to rs per cent, St Paul sell
s7%4; Burlington TO SOS and Rock
issues, Louisville and Nashville were con-
spicuous for a decline of III to SIS. The
Anthracite Coalers were also under pres
sure, falling %G2B per cent. Susquehan-
nah and Western preferred, however,
broke Az to 29, with a subsequent rally to
Sl1h The reports of internal dissensions
and poor earnings having been again re-
vived Manhattan was attacked by a prom
inent room trader and yielded 35s per
cent to 1925. The sales of the stock ag-
gregated 7,4O0 shares. The trunk lines,
Northern Pacific preferred and the South
westerns declined 1211A per cent. In the
specialties, Alton and Terre Haute jumped
Si5 to Sc, while Buffalo, Rochester and
thern preferred. to 12S. The Industrials
were heavy except for Distillers and Cen
eral Electric. There was any amount of
bearish gossip about the former, but II
had no particular effect. General Elec-
trio gained about a point on the day, on
vague rumors that the company had OBJ
tanned an important contract from the
Manhattan. This rumor, by the way, is
revived periodically. Sugar was sold
down to 116 from lis. Tobacco declined
from 11615 to l145sdi15. Leather preferred
broke a. to SO. and rallied to 95 on the dec |
laration of a special dividend of per
cent. Later on there was q recession to
94is, The common sold down from % to
90i5Sf21K Cordage securities continue |
heavy on foundations. 1t is stated that a |
definite policy in regard to the company |
will be announced early In June. state
ments as to reorganiza tions, etc, given |
ont recently, according to good authority, |
are premature. Speculation closed weak |
in tone. Net changes show losses or IA |
az per cent, Manhattan leading. General |
Electric. however, gained q on the day |
The bond market was generally lower