The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-04-18

Money is steady, with fair demand.
Domestic Exchange-The tone OF the
market is steady. Banks are buying at par
and selling at Is per cent premium UP TO
5000; over 5000 at S1.OO per 81 600
Foreign Exchange-Marlet firm. The
following are net Savannah quotations:
Commercial demand, S4SS%, sixty days,
S4.SF4; ninety days, A.S6la; cOntinentals,
steady; francs, Paris and Havre. sixty
days, $5.1SA; Swiss, sixty days, $3.50
marks, sixty days, o. SIG.
Securities-The market is steady, but
quiet.
State Bonds-Georgia, ~ per cent, 1915
J142l bid, r15is asked: Georgia per cent,
1896, l04 bid, Jos asked; Georgia 81 per
cent, long dates, 102 bid los asked.
City Bonds-New Savannah per cent
July coupons, 1O5i2 bid, los asked; new
Savannah. per cent. May coupons, l06A
bid. 1914 asked.
Railroad Bonds-Centrai Railroad and
Banking Company collateral. gold IS, 90
bid, 95- asked; Central consolidated mort
July maturity, 12e bid, asked: Savan-
nah and Western railroad per cent. trust
certificates, 52l2 bid, 53l5 asked; Savannah,
bid. 52I2 asked Georgia railroad 6 per cent,
1910, = bid. ITO asked Georgia Southern
and Florida first mortgage 6 per cent, S51a
bid, S6la asked; Montgomery and Eufaula
first mortgage per cent. Endorsed by
Central railroad 100 bid, 102 asked Ali-
gusta and Knoxville first mortgage per
cent, SO bid, 10l asked; Ocean Steamship
5 per cent, due 1920. 97la bid, 98h asked;
Columbus and Rome first mortgage bonds
Endorsed by Senr gd raiiroad bid 4s
guaranteed, III bid, III asked; City and Su-
burban railway first mortgage per cent,
49, bid SO asked; Savannah and Atlantic
per cent, indorsed Is bid, % asked; Flee
trio railway first mortgage Is - bid
asked; South Georgia and Florida first
mortgage per cent, 100 bid, ITO asked;
South Georgia and Florida second mort
gage, 1O8 bid, 100 asked; Alabama Midland
: bid 81 asked Brunswick and Western
As, guaranteed, u asked.
Railroad StOCkS-( CENTRAL common II
bid 1914 asked; Augusta and Savannah
per cent, guaranteed, u bid, 81 asked:
Georgia, common, 157 bid. 159 asked; South.
western per cent. guaranteed. Including
order for div, 50 bid, 70 asked; Central
per cent certificates. with order for de-
faulted interest, 1872 bid,174s asked; Atlanta
and West Point railroad sock, 93 bid "a
asked; Atlanta and West Point per
cent. certificates, S41k bid, 95la asked.
1Os BID, lOi asked; Chatham Bank,
as bid, AZ asked Germania Bank,
1921 bid, 1857 asked; Merchants National
Bank, 9S1s bid. 100 asked; National Bank
of Savannah, 132 bid, asked;
Oglethorpe Savings and Trust Company
20 bid 101 asked; Southern Bank Of the
State of Georgia, 1854 bid, 165 asked: Savan-
nah Bank ana Trust Company, los bid, JOG
asked; Chatham Real Estate and Improve
ment Company, 521s bid, 5S12 asked; Sa-
vannah Construction Company, rs bid, n
asked; Title Guarantee and Loan Com
pany, 70 bid, 81 asked; Brush Electric
Light and Power Company, So bid, 60 ask
GU OdNeAiAie~-i Vas A@lSAN ~ ~ D4b5 Il
New York. April 17.-Money on call was
firmer at 1lad212 per cent; the last loan
was at per cent, and at the closing was
offered at 2 per cent. Prime mercantile
paper, 41sGt5 per cent.
Bar silver. Size.
Sterling exchange strong, with actual
business in bankers bills, at $4.sS1h for
sixty days and $4.S9ia@4S9s4 for demand
Posted o1 rates; s4.SsqIsOla. Commercial
Go Government eriHf bonds were steady State
bonds were dull. Railroad bonds have
been strong.
New York, April 1.-THE treasury bal
ance5 were as follows: CON- $S4, 203 900;
currency, S60lS6,0o0.
New York. April H. Noon.-Erie 1925
Northwestern, 937s; 90 preferred. 13y; Lake
Shore, IA; Norfolk and Western pre-
ferred, 49, Western Union. SSi4; South
ern Railway, common, Lls; Southern Rail
1854 Baltimore and Ohio. So; Canada
Southern, SLY; St. Paul, SO; Rock Island,
647s: Delaware and Hudson, 12oi9; Della
ware, Lackawanna and Western, 1902;
Manhattan, IA; Michigan Central, 99i6;
New York Central, 9Sh.
New York, April 1.-THE tendency of
stock prices at the opening was down.
ward, owing to the receipts of lower ca
'bles from London, the poor statement of
THE St. Paul for the second week Of April
and THE report that the negotiations be-
tween the Westinghouse and General
Electric companies for a pooling of pat
ents were off General Electric suffered Sc
verely, dropping from 80 to 3l24, nearly 49,
600 shares changing hands IN the first fif
teen minutes Of business. The decline
brought in sustaining orders and the stock
rallied to 1924. Subsequently reports were
circulated to the effect that the Anthra-
cite Coal presidents were on the eve Of re
suming negotiations for a settlement of
the allotment question. This led TO a sharp
rise I'm the shares Of the roads Interested,
and Jersey Central ross IL TO 95h Read
ing. ~ to l4h; Delaware and Hudson, IL
10 1864; LackaWanna, y to 1902. Reading
mortgages improved 5sdia per cent. The
rise IN the Coaiers had a COOL effect on the
general market which moved up u 10 lss
per cent. Leather. preferred. Chicago Gas,
Sugar, Kansas and Texas preferred, Lake
Erie and Western, Wheeling and Lake
Erie and the Changers were conspicuous
IN tho rise. The advancing tendency was
checked because 81 "A break Ia Baltimore
and Chic from Big 20 5ih. This stock was
gold on hc pasgin8 on the dividend, which Z
was not eeDeraliy expected. Tire general
imprf 7siou was that fne dileetora would |
eai she rate, Dui iu view q aego.-oiilcal !