The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-03-31
FINANCIAL.

uedl 43i'I0c.
FINANCIAL.
Money is steady, with fair demand.
Domestic EXchange-The tone of the
market is steady. Banks are buying at par
and selling at y per cent. premium.
Foreign Exchange-Market firm. The
following are net Savannah quotations:
Commercial demand, A.SS2s, sixty days
StSS, ninety days. SSsls' continental
days, S5.1s34; Swiss. sixty days. 500:
marks. sixty days, IS S-l5.
Securties-The market Is steady, but
dull Central issues are inclined to be
state Bonds-Georgia, AZ per cent. 1915
114A bid. ll5ik asked: Georgia per cent
1886, l04 bid. l05 asked; Georgia 3la per
cent. long dates. 1Oll9 bid, 1025a asked.
city Bonds-New savannah per cent
Savannah per cent May coupons 1906
Railroad Bonds-Centra Railroad and
Banking Company collateral. gold S., %
bid, % asked Central consolidated mort
gage Z per cent. coupons, January and
July maturity, l22 bid, asked: savan-
nah and Western railroad per cent trust
| certificates. bid, sc asked Savannah,
Americus and Montgomery 6 per cent. AZ
bid, 40 asked; Georgia railroad per cent
/ 1910. bid. ITO asked; Georgia Southern
and Florida first mortgage per cent. 50
! bid. Sc asked; Montgomery and Eufaula
r eItr moTgss ger sfn nag6 by
| gusta and Knoxville firsJ mortgage per
| cent, Fl bid 100 asked: Ocean Steamship
| S per cent due 1920. 97is bid, 9Sh asked;
| Columbus and Rome first mortgage bonds,
| Endorsed by Central railroad. bid, 43
| asked: Columbus and Western per cent.
/ guaranteed, 10 bid, 1l2 asked; City and SUI
burban railway first mortgage Z per cent,
/ - bid, SO asked; Savannah and Atlantic
| per cent, indorsed Is bid, % asked, Elec-
| trio railway first mortgage IS, bid,
asked; South Georgia and Florida first
mortgage Z per cent, 100 bid 40 asked;
South Georgia and Florida second mort
I ~ A Ia
= bid 81 asked; Brunswick and Western
As, guaranteed y asked.
Railroad Stocks-Central common. II
bid 1872 asked; Augusta and Savannah
per cent, guaranteed rs BID, 50 asked.
Georgia. common. 157 bid. 1883 asked; South
western per cent. guaranteed, including
per cent certificates, with order for de-
/ faulted interest 16 bid, l71z asked; Atlanta
asked; Atlanta and Vest Point per
| cent certificates, 90 bid, q asked.
Bank Stocks, Etc.-Citizens Bank,
Is bi ld e asked; ' essrm a BANK
/ 102ik bid, 1OS asked: Merchants National
/ Bank IS bid, 100 asked; National Bank
/ of Savannah, 1871 bid, 49, asked;
/ Oglethorpe Savings and Trust Company,
/ IS bid. 100 asked; Southern Bank of the
State of Georgia, le4 9id, leS asked; Sayan-
! asked; Chatham Real Estate and Improve
/ ment Company. 81 bid, SO asked SaVan-
nah Construction Company, 1872 bid, rs
| pany. n bid. 70, ex-dividend asked Brush
| Electric Light and Power Co., 60 bid, 81
asked Savannah Gas Light Co.. 20 bid,
New York, March SO.-Money on call
| was nominaly 2A per cent Prime mcrcan-
tile paper I54aSA per cent S5t 9sn ok x
/ bankers bills, at S4.SsA9t SSia; for so days,
ana $4.S917 for demand; Posted rates,
! "a. S90I4 90l5 Commercial bills. $4S7G4.S7s4.
| Bar silver 6524c Government bonds, firm.
| State bonds were duh. Railroad bonds
were active and strong. Silver at the
| New York. March 3O.-Treasury balances
were as follows: Coin 1856 125, coo; currency
/ SOS, 900.
! North western, 92}s; do preferred, 1888;
/ Lake Shore, 137A: Norfolk and Western,
/ preferred, 1888; Western union. sS9s; SOUTH
erm Railway common, II; Southern Rail
/ way, preferred, 337s; American Sugar, 1929;
Baltimore and Ohio, 50; Canada Southern,
/ 491k; St. Paul, 6SA; Rock Island, 64ss;
/ Lackawanna and Western, 1921; Manfat-
tan, lO9N Michigan Central, 80; New York
New YoTk March sO.-SpecuIation at the
/ Stock Exchange to-day was active and a
| confident tone characterized the trading.
| The main factor at work was the activity
and advance in silver certificates, having
risen TO 67lh at the Board. Higher prices
from London; the progress making in the
reorganization OF the Atchison and other
properties, and the belief that the presi-
dents Of the Anthracite roads are near a
settlement Of the allotment and other mat
ters disturbing the trade also added to
the bullish feeling. Business was unusu-
ally large for Saturday 1853 1888 shares
changing hands. The improvements,
which had range Of from
"a TO 2lk per cent, was well distrib-
uted Jersey Central advanced ~ to 9SA;
Sugar "a to 1885, Tobacco IA to 94 Bal
tirnore and Ohio, ~ to 59A Canadian Pa
cific IA to 3924 Lackawanna / TO 1853; La
clede Gas preferred, l to IS; Long Island
Traction 15s to IA; New England u to
3SJz; Leather preferred rs to 70ik; do com
mon IA to u u Union Pacific 1ss to 115s
Long Island Traction was strengthened
from the receivers and Brooklyn city
dend. General Electric was the
only one of the leading stocks that
showed weakness and fell a point to $40
1884, Erie was not Influenced by the an
nouncernent that the receivers intended
applying for leave to issue 100000 GER
tffcates IT is proposed to pay off the car
trusts and other pressing obligations Lon
day and bought fairly large amounts Of
Union Pacific, AtchiSon, ST. Paul and
Louisville and Nashville. Speculation
closed firm with prices near the highest
figures of the day Sugar was the most
active stock. figuring for 51,S00 shares
The bond market was active and strong
New York Stock List-Closing Bids
267s: do preferred, 7l124tl3; Sugar Refinery
1021: do preferred, g4A; American To-
bacco, 93h; do PREFER 1903; Atchason r
and s. r., 67s; Chesapeake and Ohio 50.
Canada Pacdhc. 1914; Chesapeake and
Ohio i7ss; Chicago and Alton 14s: Chica-
go. 3. and O.. 7sis: Chicago Gas, 7isk: Del
aware. Iackawanna and Western i62H.
80