The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-08-01
. FINANCIAL.

FINANCIAL.
Money is steady; demand fair
Foreign Exchange-The market is firm.
The following are net savannah quota
tons: Commercial, demand, $3.50; sixty
days Sass; ninety days, $i.SS2l; francs,
Paris ana Havre, sixty days. S5164s; Swiss,
sixty days. $17; marks. sixty days. S5Ss
Domestic EXchange-The tone of the
market is steady. Banks are buying at
par and selling at Is per cent. premiums
up to 5000; over s., 900 at S1OO per 81 1000
Securites-But little doing and quite
steady. Offerings are light; demand good
prices slightly hardening.
Stocks and Bonds-State Bonds-Geor-
gla, 3l2 per cent bonds of 1880. 1912 bid,
lUz1s asked; Georgia ga per cents, due
1915. 10lA bid, 1924 asked; Georgia Az per
cent. bonds, 1915 114I5 bid, 1l5I. asked;
Georgia Smiths, maturity 1896 1O2 bid
lOS1s asked.
City Bonds-Atlanta per cent, 1OS bid,
- asked; Augusta Z per cent, 112 bid
ia asked; Augusta per cent, 100 bid
~ asked; Columbus per cent, 102 bid,
lO3 asked; Macon 8 per cent, ia bid, ll6
asked; new Savannah per cent, quar-
terly, October coupons, 107 bid. 49, asked
new Savannah per cent, quarterly Au-
ton, As, "a bid, 80 asked.
railroad BOnds-SaVannah, Florida and
Western railroad general mortgage bonds
per cent. interest coupons, 114% bid,
asked; Atlantic and Gulf first mortgage
consolidated per cent. coupons, January
and July maturity, 1897, 1887 bid. 105 ask
cent. coupons, January and July matur-
ty, 1898, 10 bid, - asked; Central Rail-
road and Banking Company collateral
gold IS, 80 bid IS asked; Georgia railroad
Us, 1910 Ill bid, - asked: Charlotte, Co
lumbia and, Augusta second mortgage
ll5 bid, 1l6 asked; Montgomery and Eu-
faula first mortgage Endorsed per cent,
1864 bid - asked; Georgia Southern and
Florida first mortgage per cent. trust
Atlantic $50 SO O i1d6gse5 ksa ia Sdvann9n s and
South Georgia and Florida indorsed frsts,
lOI bid, - asked; South Georgia and Flor
ida second mortgage. l06 bid, - asked Sa-
Endorsed by Central railroad, "a bid,
641z asked; savannah, Americus and
Steamship per cent. bonds, 1920 50 bid,
9S asked; Columbus and Rome first in
dorsed Is - bid, 80 asked Columbus and
Western per cent. first guaranteed, 112
bid, ia asked: Augusta and Knoxville
railroad per cent. first mortgage bonds,
1Oii2 bid, asked; City and Suburban
- bid 81 asked; Electric Railway bonds,
p bid, % asked: Alabama Midland 5 per
road IS. "a bid. 75l2 asked
Railroad Stocks-Augusta and Savannah
7 per cent. guaranteed, so bid, 50 asked;
Central common, - bid, IA asked; Georgia
common, 169 bid, III asked; Southwestern
7 per cent. guaranteed, S6la bid, S74 asked:
asked; Atlanta and West Point railroad
stock, 81 bid, 9S asked; Atlanta and West
Point per cent. certificates, 81 bid,
asked
Gas stocks-savannah Gaslight stock
1872 bid, 2o19 asked; Electric Light and
Power Company, GO bid, 81 asked.
Bank Stocks Etc;-Citizenss' Bank 1O5
asked; Germania Bank, 1922 bid, - asked
! Merchants National Bank, 1902 bid, 1919
asked; National Bank of Savannah 1Sl
bid, 1872 asked; Oglethorpe Savings and
Trust Company, 1907 bid 1919 asked
Southern Bank of the State Of Georgia,
Trust Company, 1O5 bid, = asked; Chatham
Real Estate and Improvement Company
5215 bid, 5312 asked; Savannah Construc-
ton Company, 7434 bid, 75ls asked; Title
Guarantee and Loan Company, 81 bid
asked.
Factory Bonds-Augusta Factory, Gs
101 bid 103 asked Sibley Factory, 6s, 100
bid, 102 asked; Enterprise Factory, IS, l02
bid, 1903 asked; Eagle and Phoenix Manu-
featuring Company per cent. bonds, rs
| bid, 81 asked.
Factory Stocks-Savannah Cotton Fac
| tory, Go bid, - asked; Eagle and Phoenix
Manufacturing Company, 2 asked Au-
| gusta Factory, q bid, 76 asked; Granite
vile Factory, $50 bid. = asked; Langley
| Factory, 104 bid, 105 asked; Enterprise
4 Factory common, 80 bid, 80 asked; j. p.
| King Manufacturing Company, 100 bid, 103
asked Sibley Manufacturing Company, IA
New York, July S1-Money on call was
| easy at 16I1h per cent; the last loan was
| at per cent, and at the closing was Of
! fered at l per cent. Prime mercantile pa
! per, 4q41a per cent.
| Bar silver, 661sc.
Sterling exchange, firm. with actual bus
! mess in bankers bills at $489A44, S91a for
sixty days, and $4.90A 500 for demand;
| posted rates, $490G4.91. Commercial bills,
Government bonds were steady; state
bonds were higher; railroad bonds were
silver at the board was quiet
New York, July SI-The treasury bal
ances were as follows: Coin, 500, 5A,O0O;
'J New tSy'e YORK, july 81. noon.-Erie, 1912;
| Northwestern, 10l; do preferred, 146; Lake
Shore, $50; Norfolk and Western, pre-
| ferred Is; Western Union, 81; Southern
| Railway, common, 14B; southern Railway,
preferred, AZ; American Sugar, JIG; Balti-
| more and Ohio, 81; Canada Southern, 54ss;
! St Paul ia; Rock Island, 1876; Delaware
and Hudson. 1870: Delaware, Lackawanna
| and Western, 1912; Manhattan, 1872;
Michigan Central. 1902; New York Cen
New York. July 31-The early trading
at the Stock Exchange was quiet. and the
course of prices very irregular. Inc An
thra cite Coalers, the Changers and few
cher nrominent issues were inclined to
weakness, but the Tennessee Coal, MIS-
| souri, Pacific and Lead were firm. In the
| CHANGERS, considerable burlington ana
| Quincy was sold for the account OF one
of the newly formed pools styling, itself
a trust, and there were also some hquld-
| ating sales in Sugar attributed to the
! Warmers The latter rumor received out
| little credence in usually wen informed
| circles Efforts were made by the profess
sional traders to bring about material
reaction and the argument advanced by
t6ero was that the upward movement had
heen carried too far. considering that
the bull campaign is based entirely on the
baiiaf that the harvest and especially Of
, corn will be enormous this year. The at
tempts TO dislodge long stock proved tut
ile however. and in the last hour there
Is a complete change Of front on the
rsrt If the traders, who, almost 10 man,
a5Traved themselves, on the bull side. As
| a result business was more active tnan
: Al any other time Of the day, and prices
i,oundfd up RAPIDLY. Missouri Pacific rose
2ss to S7si ST. Paul T.. TO Y; Rock Island.