The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-06-28
FINANCIAL.


Foreign Exchange-AIarket. firm The
5EoHlloMing are net Savannah quotations.
commercial demand. sass: sixty DAYS.
sfesS,l Ninety S,. days; S-sfa; connnentals
layS, VII; Swiss, sixty DAYS. SISIf.
marks, sixty days, IS 3-l6
oecurltles--Ihe security market is stead
~ on southwestern and Central sectlri-
ties Weak holders seem pretty wen
closed out.
State Bonds-Georgia. a. per cent. 1915.
~ - Oh, 10 asked; Georgia. per cent 1sq6
10 bid, l06 asked. Georgia SI5 Der cent Iona
uaees, lU-.2 bid, 1861 asked; Georgia 3is
PEI &c. cent. 1910 lol bid l02 asked.
T, ny bo4ils-New savannah per cent
July coupons, l07l4 bid, 1873 asked: New
"a, E9 ,1Il per cent. August coupons. lO7
DID, le1i2 asked.
nj railroad Bonds-Central Railroad and
bdhklng company collateral gold as "a
nlu, iOg asked Central consolidated NOR
gage per cent, coupons. January and
Ju l maturity l2ii2 bid, = asked; Savan-
nan ana western railroad, ) per cent trust
cerIlncates, "a bid, IS asked: Savannah
AInerlcus and Montgomery per cent, g
DIG % asked; Georgia railroad per cent,
1910, ia bid lis asked: Georgia Southern
and Florida first mortgage s per cent az
9lu, 81 asked; Montgomery and Eufaula
Hrst mortgage 8 per cent, indorsed BY
central railroad, los bid l07 asked Angus
Ia ana Knoxville first mortgage Z per
cent, lO2 bid, lO3 asked; Ocean Steamship
. per cent, due 1920, 9ll2 bid, 9Sie asked:
columbus and Rome first mortgage bonds.
asked; Columbus and Western 6 per cent
guaranteed. l12 bid, 112 asked; City and SUI
Durban railway, first mortgage Z per cent.
81 Did, 80 asked Savannah and Atlantic
first mortgage 6s, % bid 20
asked; South Georgia and Florida first
9norteage I per cent; JOG bid, - asked,
mortgage, l05 bid, - asked; South Bound
railroad %, Endorsed, 74l5 bid. 7o-a asked:
Ala bama Midland, SO bid, 80 asked: Bruins
wick and western As, guaranteed Il asked
Railroad SfnPEg-f CENTRAL
bid. l6 asked; Augusta and Savannah Z
per cent. guaranteed, 70 bid, 81 asked; .
Georgia, common. 167 bid, 10 asked;
southwestern I per cent, guaranteed, in
Guiding order for div, so bid, 81 asked
Central per cent. certificates, % bid. "A
asked; Atlanta and West Point railroad
stock, SO bid, 81 asked Atlanta and West
Point per cent. certificates, 94l2 bid, 95i2
asked.
Bank Stocks, Etc.-Citizens' Bank 1903
bid 104 asked; Chatham Bank As bid
1872 asked; Germania Bank, 105 bid 49,
asked; Merchants National Bank, lO2 bid,
JOB asked; National Bank of Savannah 1870
bid, 1873 asked; Oglethorpe Savings and
Trust Company 81 bid, 9S asked South
ern Bank of the State of Georgia, l65
bid, 166 asked Savannah Bank and Trust
Company, los bid, los asked; Chatham
Real Estate and Improvement Company
81 bid, - asked; Savannah Construction
Company, "a bid, 1872 asked; Title Guaran-
tee and Loan Company, 50 bid. 81 asked :
Brush Electric Light and Power Com
Light Company, 20l2 bid, 2lia asked, SaVan-
Brewery Company, 92l2 bid, 9Sla asked
New York, June T.-Money on call was
easy, at lQl12 per cent; the last loan
was at IL per cent, and at the closing
was offered at III per cent; prime mer-
camille paper. $685. per cent; bar silver,
G65sc sterling exchange firm, with actual
business in bankers bills al $4SSl2GASSsf,
for sixty days, and AS9laG4S934 for de-
mand posted rates, A.S9d490; CONNER
cial bills, 4.S7i5d4.SS; government bonds
rrri roll
road bonds were easier; silver, al the
board y was neglected.
New York, June 27.-The treasury bal
ances were as follows Coin, slO4,96S,OOO
currency, $67, $4,000.
New York. June q, noon.-Erie. ga !:
Northwestern, 80; do preferred, l43; Lake
13; Western Union. 80; Southern Railway
common, II; Southern Railway preferred
Al; American Sugar, 1925; Baltimore and
Ohio, SO; Canada Southern, IS; St. Paul,
6S12; Rock Island %; Delaware and Hud-
son, 1872; Delaware, Lackawanna and
Western, 1891; Manhattan, 114%; Michi-
gan Central, 1922 New York Central, l12
New York. June 27.-Chicago Gas closed
at Il yesterday. To-day sales were made
as low as 637s. The sensation of the day
was a break due to rumors that the di-
rectors will decide to pass the dividend
on the stock. Considerable amounts of
long stock were thrown on the market
and it is generally understood that the
Standard Oil interest has retired from the
company. the bears had easy work in
breaking the stock. Sugar was another
weak feature and fell to 110k. The stock
lacked support and the street had it that
the insiders were willing to see lower
prices. The railway list was strong during
the morning session, the Coalers being
especially prominent The old story
about mbination to control the An
thracite Coal production on the lines of the
plan adopted by the bituminous coal roads
was also revived. The report led to a
brisk covering movement and the stock
rafprro6 n fOO De-
sold up to 1888 Jersey Central to 102 Della
ware and Hudson 1872 and Lackawanna to
1914. Among the low priced issues Wheel
ing and Lake Erie was the special feature
the common rising TO 1874 and the preferred
to "a. The rise in the stocks was due to
reports OF important deals about to be con-
summated. New York and New England
was feverish, ranging between 4SA651
the final transactions at 80. Over s coo
shares of the stock changed hands The
Trunk lines and Changers were neglected
until near the closing, fell off in sympathy
with the break In Chicago Gas; operators
are inclined TO go slow in railway stocks
until something definite is heard regard
ing the reorganization of the Erie Reading
and Northern Pacific. The cutting of rates
by some of the weaker trunk lines also
gives some concern 1t is understood,
however, that Mr.. Morgan has taken
charge of the trunk line matter and a re-
storation of rates to a paying basis NAV
be confidently relied upon. The market
closed weak, with prices anywhere from
"a to ia per cent. below yesterdays finals
Chicago Gas lost 51h per cent The An
thracite Coalers however. show gains of
1sd11s per cent. Railway bonds were gem
orally lower and the leading issues show
losses of Il to IL per cent. The sales
were $l6Ol, 900. The sales of listed stocks
aggregated $4,000 shares; unlisted, 81 600
shares.
New York Stock List-Closing Bids
Stocks and Bonds-American Cotton Oil.
2llz; do preferred, IA; Sugar Refinery,
110A; do preferred, %; American Tobs 2
CO, 1872; do preferred. ia; Atchison, To-
Ohio, SPY; Canada Pacific, 52la; Chesn-
peake and Ohio, 211s; Chicago and Alton.
1913; Chicago Burlington and Quincy So.
Chicago Gas, 65lk; Delaware, Lackawa7i-
ma and Western, 1929; Dis. Cattle Feed
2lA; Erie. ga; do preferred. 70: Edison
General Electric, &c; Illinois Central 81.
Lake Erie and Western. Pa; do preferred
81 Lake Shore, $50; Louisville and Nasn-
vile, 575s; Louisville and New Albany, 81.
Manhattan. 112A; Memphis and Charles
ton, Is asked Michigan Central, 102; MS
souri, Pacific, 305s; Mobile and Ohio. 24Is:
Nashville. Chattanooga and st. Louis. IS:
United States Cordage. 13s; do preferred
2la: New Jersey Central. 1908: New York
Central 1902; New York and New England
30 Norfolk and Western, 13; Northern Pa,
cific, 37s: do preferred, 1871: Northwestern.
9Ss4 do preferred. 1872; Pacific Mail. 3Oi, !:
Reading IS: Rock Island, 71@s; St Paul
677s; do preferred, 121: Silver Certificates
66i5 Tennessee Coal and Iron 967s; Texas
Pacific, 127s; Union Pacific, 12a4: Wabash
ST. Louis and Pacific, 81; do do preferred
M. Nacforn TTDfOu TTbeelfrr ..rf