The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-06-09

NosuVVs over 45Uj0 1t Sl.UD per Sl.UtO
Eoriegn EXchan ge-Market firm. The
following. are net savannah quotations.
commercial demand, SLS9 sixty days,
@ stsSs ninety DAYS .A.S7iA; ,contineutals,
Gays, So.l1; Swiss, sixty days. S5.1S1a marks
sixty days, IS 3-lG
Securities-The market is active for Cen
tfal issues, small offerings.
state Bonds-Geo.Ria Az per cent. 1915
10 DID, JIG asked Georgia, per cent.
lSs6; l90 bid. JOG asked; Georgia 3k per
cent, long dates. l021A bid l03lh asked.
City Bonds-New Savannah 5 per cent,
July coupons. l01is bid, - asked; New Sa-
hhtInhah per cent, August coupons, 1919
- railroad Bonds-Central Railroad and
pdhklns company collateral. gold IS, 30
Diu, Iu9 asked; Central consolidated mort
sage per cent. coupons, January anG
July maturity, l2i bid. asked; Savan-
nan ana western railroad, 8 per cent trust
certlncates % bid, 81 asked; Savannah
AlHeIicuS ana Montgomery, 6 per cent, 50
Do 90 asked; Georgia railroad per cent,
1911, llU52 bio, III asked; Georgia Southern
XII florida nrst mortgage, 6 per cent, 95
hFst mortgage per cent. indorsed by
1SntIal railroad. = bid, 1913 asked; Au-
gusta and Knoxville first mortgage per
cent, " bid, asked; Ocean Steamship
= per cent. due 1920, 97lR bid. 98la asked;
columbus and Rome first mortgage bonds
i asl,ed. D. by Central railr9ad. bid. i3
guarantees, ~ bid. 112 asked; City ard SUI
burban railway, first mortgage Z per cent.
81 pld, 80 asked; Savannah and Atlantic
per cent, lhdOrsed, 10 Did, - asked; Elec-
trio railway first mortgage Gs, 30 bid, 80
asked: South Georgia and Florida first
asl nntb on Z per cent; l96 bid. - asked;
gage, lO5 bid asked: South Bound rail-
road 5s, indorsed AZ bid 75Ib asked: A la
bama Midla nd, SO bid, 80 asked; Brunswick
and western Is, guaranteed, Il asked.
Railroad Stocks-Central common, y
bid, IA asked; Augusta and Savannah z
per cent, guaranteed. n bid, 81 asked
Georgia. Oh "a.
southwestern Per cent. guaranteed. in
Guiding order for div, 6S bid, 90 asked:
central per cent, certif ;atos, with order
LOT detaulted interest, 19 bid, asked;
Atlanta and West Point railroad stock,
9jl5 bid, SO asked; Atlanta and West Point
per cent. certificates, So bid. 81 asked.
BID, lOil2 asked Chatham Bank, ASH bid, i3%
asked; Germania Bank, 1913 bid, l04 asked;
asked; National Bank of Savannah, 1873
bid, asked; Oglet horpe Savings and
Trust Company, 100 lid. 10l asked; South
ern Bank of the State of Georgia, l65 bid
166 asked; Savannah Bank and Trust Com
pany, 106 bid, asked; Chatham Real
Estate and Improvement Company 53Ib
Company ii bid. 75is asked; Title Guaran-
tee and Loan Company, so bid 81 asked:
Brush Electric Light and Power Com
Light Company, 20 bid 81 asked; savan-
nah Brewery Company, 97l2 bid. 9Sl5 asked.
New York, June S.-Money on call was
at per cent. Prime mercantile paper, 81
312 per cent. Sterling Exchange firm, with
actual busines in bankers bills at 81. SS14 a
4SS12 for 60 days. and A.S9A@4S9ls for de-
cial bills, 81 ST14 6D4SS EXCHANGES Ss7. 3Ol. =
SS5; balances, $5.S59,050. The sub-treasury
was SSS9,S69 debtor at the clearing house.
steady; state bonds DUH railroad bonds
We're firm: Silver at the board was quoted
at 67l4Q67l2.
New York, June S.-The treasury bal
ances We're as follows: Coin, 93,21S,00O; cur
New York. June s.-The weekly state
ment of the associated banks shows the
following changes: Reserve, decrease, ST.
55S $50; loans Increase, $500 400; specie. in
crease, $142SO0; legal tenders, decrease, ST.
l5iSOO; deposits, decrease, $2S2, 500 circula-
ton, decrease, So, 700. The banks now hold
$39 $4,000 in excess of the requirements
of the % per cent. rule.
New York, June Bank statement: The
New York Fnancier this week says
"A decrease in the reserve of 81, 553. $50 is
favorable feature of the statement made
by the associated banks ofthis city for the
week ending June 8:
The expansion in loans. while only
SS90,40 or considerably less than the
weekly increase reported for the past
month or six weeks, is yet a cheering sign
that money is in demand, although the
remarkably low rate at which funds are
offered, is helping to swell the loan total.
The decrease of 81, GIL 800 in the net cash
held by the banks, cannot be accounted for
in view of the fact that the gain from the
interior during the week was not less than
SS,0O0000, and that the treasury disburse-
ments were above the ordinary. Accepting
theories which have proven correct in the
past the loss might be explained by saying
that the Belmont syndicate had been max
ing another of its unexpected moves, but
there is nothing to confirm this.
The decrease of 1922 600 in deposits in
view of the fact that a great deal of mon
ey was received during the week, makes
the statement still more difficult of inter
probation. 1t is konwn, however, that the
demand for discounts is increasing and
that banks doing large percentage of this
business have had great many inquiries
late, especially from the south. The mer-
camille and manufacturing demand is also
increasing. The money market has not ex-
htbited the first sign of hardening and the
hope of better rates seems to be still lost in
the future"
New York, June S.-Noon.-Erie. Il;
Lake Shore, 1863; Norfolk and Western.
preferred, 1i15; Western Union. 92A South
ern Railway, common. 1874; Southern Rail-
way, preferred, 3S7s; American Sugar, 17as;
baltimore and Ohio. g.; Canada Southern
539s; st. Paul. 665s: Rock Island, 6S7k; Della
ware and Hudson, 12Sss; Delaware, Lacxa-
wanna and Western, 1914; Manhattan, 113;
Michigan Central, 1904 New York Central,
New York. June s.-Speculation at the
stock exchange was quiet to-day but the
undertone of the market was firm The
transactions were only q, 0SS, of which Il 500
were Sugar and 1900 Tennessee Coal and