The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-03-27
FINANCIAL.

FINANCIAL.
Money is steady, w.th fair demand.
Domestic Exchange-The tone of the
market is steady Banks are buying at par
ana selling at 3 per cent. premium.
Foreign Exchange-Market firm. The
following are net Savannah quotations.
Commercial demand, S4.Ss9s, sixty days
4.sl7s; ninety days, &S67s; continentals
steady; francs, Paris and Havre, sixty
days. $5.lSA; Swiss, sixty days, $50;
marks, sixty days, 95 3-16.
Securities-The market is steady, but
State Bonds-Georgia, AZ per cent, 1876
114A bid. 1854 asked Georgia per cent .
1896, 1912 bid. 1851 asked; Georgia SIs per
cent, long dates. 1914 bid. 1924 asked.
City Bonds-New Savannah per cent
April coupons, 106 bid, 1862 asked; new
savannah per cent. May coupons, 1864
Railroad Bonds-Central Railroad and
Banking Company collateral, gold S. 30
bid, 81 asked; Central consolidated mort
gage per cent. coupons, January and
July maturity, 122 bid asked: Savan-
nah and Western railroad per cent. trust
certificates. bid, so asked; Savannah,
Americas and Montgomery per cent, a
bid, AZ asked; Georgia railroad per cent,
1910, 100 bid, ITO asked; Georgia Southern
and Florida first mortgage s per cent, So
bid, Sc asked; Montgomery and Eufaula
first mortgage 8 per cent, indorsed by
Central railroad, bid, 102 asked; Au-
gusta and Knoxville first mortgage Z per
cent, 80 bid, 100 asked: Ocean Steamship
per cent, due 1920. 97ls bid, 9s1z asked;
Columbus and Rome first mortgage bonds
Endorsed by Central railroad. = bid, 4S
guaranteed, 10 bid, 112 asked; City and Su-
burban railway first mortgage per cent,
- bid, IS asked; Savannah and Atlantic 5
per cent, Endorsed, u bid, % asked; Elec-
trlc railway first mortgage IS, - bid, -
asked; South Georgia and Florida first
mortgage per cent, 109 bid, ITO asked;
South Georgia and Florida second mort
gage, 10S bid, 109 asked; Alabama Midland,
= bid, 81 asked; Brunswick and Western
As, guaranteed ~ asked.
Railroad Stocks-central. common. y
bid, 1415 asked; Augusta and Savannah 7
per cent, guaranteed, 70 bid 81 asked: :
Georgia, common, l57 bid. 159 asked: South
western per cent, guaranteed. including
order for div, M bid, 70 asked: Central
per cent. certificates, %lth order for de-
and West Point railroad stock. 30 bid. 80
asked; Atlanta and West Point per
cent. certificates, SO bid, 81 asked.
1012 bid, 1921 asked; Chatham Bank,
ios1s BID 1903 asked: Merchants ii' National Ra
Of ank say " mai 81 2Ae BID Naona as 5SRk
Oglethorpe Savings and Trust Company,
IS bid, 100 asked; Southern Bank of the
State of Georgia, 1854 bid 165 asked; Savan-
nah Bank and Trust Company, 105 bid log
asked; Chatham Real Estate and Improve
ment Company. 80 bid. 50 asked; Savan-
asked; Title Guarantee and Loan Com
pany, n bid, 70. ex-dividend. asked.
new Ork. MdTcn Zo.-MOney on call was
easy at 2d21a pei. cent; the last loan was at
21R per cent. and at the closing was offer
ed at 212 per cent. PRIME mercantile pa
per, 4AM5A per cent.
Bar silver. 63%c.
Sterling exchange, firm. with actual bus
mess in bankers bills at $4.SS6I4. SSL, for
sixty days, and S4.S9I4d4 500 for demand ;
posted rates, $4S9d49O12 Commercial biMs.
$4.S7d4S71
Government bonds WIRE firm; state
bonds were dull; railroad bonds were
Silver at the board was firm.
New York, March 26.-The treasury bal
ances were as follows Coin. $S7, 426, O00
New York, March 26. ncon.-Erie, 95s !;
Northwestern, 9l1z; do preferred, 1873; Lake
Shore, 1851; Norfolk and Western, pre-
ferred, 1874 Western Union, SO; Southern
Railway, common, 12A; Southern Railway
preferred, 343s American Sugar 1908; Bal
timore and Ohio, Sc; Canada Southern,
49l9; st. Paul, 5712; Rock Island, "a; Della
ware and Hudson. 12S; Delaware, Lacka-
wanna and Western, 1929; Manhattan
1G9k; Michigan Central, 90; New York
New York, March 26-The stock market
was irregular again to-day, but business
was on a smaller scale, the transactions
amounting TO 2l3, 1876 shares, against 1885,
1859 shares yesterday. There were moderate
realiZatons in stocks which have scored
material gains since. the first part of
March, commission houses as well as
London firms being sellers. The strength
of sterling exchange gave the professional
operators, who have been fighting the
rise, a chance to talk about gold ex-
ports. 1t is proper to add that in the best
informed circles ii is not admitted that
gold shipments are lively at present. Fur
thermore the bankers credited with rep
resenting the syndicate continue to supply
bills, according to remitters wants Rates
however, are at the best figures OF the
year. The early decline was equal to u %
q per cent, Susquehanna and Western
preferred being the greatest sufferer The
Anthracite Coalers were the feature in
% H..
card, advancing on heavy transactions to
IA. The bonds moved up Il to 234 per cent.
1t was reported that the Presidents Thurs
day will agree to give the Reading an in
creased percentage in the matter of al
lotments. Jersey Central first broke ~
to 951z. recovered to 97G96A; Delaware
and Hudson fell to 18TH, and recovered
to 128. Lackawanna- opened at 161 bid, and
recovered to 16312G162l2. Hooking Valley
after rising to 27ss, fell to 2594, and rallied
to 27G261a. Sugar ranged between 100AD
iC1IL. and left off at 1909 The advance in
the stock is still ascribed to manipulation.
General Electric, Manhattan and Chicago
Gas were weak at intervals. The chang IS
in the Changers and railways generally
were insignificant. The net changes were
irregular, some stocks being up 14d12 per
cent, while others show losses of 14d% per
cent. Reading gained "a per cent. Della
ware and Hudson lost IA per cent. The
bond market was active and strong. The
features were the Reading issues. The
sales of listed stocks aggregated i72,0O0
shares; unlisted stocks 1900 shares.
New York Stock List-Closing Bids
Stocks and Bonds-American Cotton OIL,
do preferred. 81; American Tobacco, 93l4;
do preferred los; Atchison, Topeka and
Santa F'e. SIS; Baltimore and Ohio, 552t
Canada Pacific. S815; Chesapeake and
Ohio, 1874 Chicago and Alton, l46; Chi
cago, Burlington and Quincy, 1874; Chi
cago Gas, 71% Delaware, Lackawanna
and Western, 1917; Distilers and Cattle
Feeders, 1888: Erie. 9zs do preferred, 1879;
Edison General Electric, 357s; Illinois
Central, 81; Lake Erie and Western IL; do
preferred. 70; Lake Shore, 1856; Louisville
and Nashville. 51h; Louisville ami n. a.,
IA; Manhattan, 109ia; Memphis and
Charleston. 10: Michigan Central. 81. Mis-
souri, Pacific. "a: Mobile and Ohio, 111z;
Nashville. Chattanooga and St. Louis,
20; United Staies Cordage. 5. DO preferred.