The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-07-11
FINANCIAL.

10 So,VOOs over $500 at 81 90 per 81 .O00
Foreign Exchange-Alarket firm. The
Iollowing are net Savannah quotations:
commercial demand, Sass; sixty days.
s 49, a.! ninety days; As7i5; sontinentals.
ddseadyi francs. Paris and Havre, sixty
marks, sixty days. IS 3-l6
Seeurities-The demand continues for
southwestern. with rates at s51s.
State Bonds-Georgia. Az per cent, 1915.
~ bid, ia asked; Georgia I per cent 1885
ioz old' l04 asked; Georgia 31k per cent. long
yates, lOll2 bid, 1924 asked; Georgia 31a
per cent. 1915, 1Ol4. bid. iO2Is asked.
City Bonds-New Savannah 5 per cent,
october coupons, 1864 bid. 1861 asked; New
ia IaII1 per cent. August coupons. l074
Railroad Bonds-Central Railroad and
psdhklng company collateral, gold S. "a
gage z per cent, coupons. January and
July maturity, l2415 bid, - asked; Savan-
n nan and Western railroad. per GENT. trust
certlncates, 81 bid, Ga asked; Savannah,
Amerieus and Montgomery per cent, 521s
Dld, bJ12 asked; Georgia railroad 6 per cent,
lsl0' liz bid, ia asked; Georgia Southern
ana FLORIDA nrst mortgage per cent, 100
eeiu, IOl asked; Montgomery and Eufaula
G 1rs. mortgage per cent, Endorsed by
Central railroad 1851 bid. 107 asked; Angus
Ia "a ana IL knoxville first mortgage per
cent 1924 bid, 1924 asked Ocean Steam
snip per cent, due 1920, "a bid. IS asked;
Columbus and Rome first mortgage bonds,
Inaorsed oy Central railroad, bid, 80
asked; Columbus and Western per cent.
guaranteed, III bid. 1lS asked; CITY and Su-
" {
81 bid, 50 asked; Savannah and Atlantic
asked; South Georgia a. and Florida FIRST
South Georgia and Florida second
mortgage, los bid, asked; South Bound
railroad 6s; Endorsed, 74ls bid. 7o3s asked;
wick and western As, guaranteed, Il asked.
Railroad stocks-Central common. IA
per cent, guaranteed, 80 bid, : asked;
Georgia, common. 10 bid. IT'S asked:
Southwestern Z per cent, guaranteed in
Centra per t cent de Fl g1a b bid
asked; Atlanta and West Point railroad
stock, SO bid, 81 asked; Atlanta and West
Point per cent. certificates, IS BID, 90
Bank Stocks, Etc.-Citizens' Bank, ex-
dividend N i41s bid lO5ls asked; Chatham
GGs sFms sadvi Bsnf BIZ bd 'S s aS asS
Bank, lol bid, 1o2 asked. ex-divi-
bid. is2 asked, ex-dividend; ogiethor pc
6TdeRd ss9 bid ru ioos S SsEeG South tx
bid 1862 asked; Savannah Bank and Trust
Company ex-dividend 1O4l5 bid. 1861 asked:
Chatham Real Estate and Improve
g asked. Savannah CONSTRUCTION
Company, 7412 bid 751s asked; Title Guaran-
tee and Loan Company, 81 bid,
and Power Company, ex-dividend,
81 bid, 5Slk asked; Savannah Gas
Light Company, 2Ol1 bid, 21]s asked; Savan-
New York, July 10.-Money on call easy
at lq115 per cent. The last loan was at /
per cent. and at the closing offered at l
per cent Prime mercantile paper. 3hGI
32a per cent.
Bar silver. &c.
Sterling exchange firm. with actual bus
mess in bankers bills a $4S9d4S9J4 for 50
days and $49Od4. 9O4for demand. Posted
rates; $4s911d4.SO1a. Commercial bills, $4.SS
Government bonds were firm. State
bonds dull Railroad bonds were strong.
Silver at the board was bulletined quiet.
New York, July lO.-The treasury bal
ances were as follows: Coin, SOB i20, 2s9:
currency $75,94s. 6S2
N MeE York York. July 10; nOon:1Erie, 1o,4i
Lake Shore. 1l719; Norfolk and Western
preferred, 14h; Western Union, 91K;
Southern Railway, common. 14ss; Southern
hallway, preferred, 43A; American Sugar,
1l2; Baltimore and Ohio, 81: Canada
Southern, 541s; st. Paul. 49, Rock Island
z; Delaware and Hudson, 1904; Delaware,
Lackawanna and Western 1884,; Manhau-
tan, 1l2%; Michigan Central, l0OA; New
York Central, 1914.
made a vigorous raid on the Industrials
shortly after the opening, with a view,
It was thought, of covering their con-
tracts in other parts of the list This
theory proved to be correct, as the mar
ket, after the raid referred to, steadily
improved and closed strong with an ad-
railway shares market was strong, the
result Of London buying, the heavy gain
in St Paul earnings for the first week
growing crops. The Industrials in the
first hour showed some remarkable
changes. Chicago Gas dropped 2b TO
So Tobacco, 17s to 1lA and Sugar, liz to
1101a, The heaviness of those stocks had
little or no influence on the general mar
ket, and in the afternoon trading the
bears were busily employed taking back
their short contracts. London was a
buyer of its favorites throughout the day.
paying particular attention to Louisville
and Nashville securities. This stock rose
CO.'S while the mortgages gaind anywhere
from to per cent. The Changers,
Louisville and Nashville, Missouri Pa
cific and Lake Erie and Western common
were all higher and scored the best fig
ures for a long time past. The Industri-
ais were also in better request in the after
noon trading, and on liberal buying to
cover shorts, Chicago Gas advanced to
55A, Sugar to 111A, Tobacco to 1872,
Leather to 1851 and preferred to 91h. In
regard to the report that the American
Tobacco Company had obtained control
of the p. Lorrilard Company, a director
of the latter says there is no truth in the
report. The Anthracite Coalers were
heavy for a time on rumors that there
had been a hitch in the negotiations look
ing to settlement of the trade troubles.
Speculation closed strong, with prices
anywhere from a to 13s per cent. higher
on the day. Leather lost Is and the pre-
was active and strong. Sales footed up
g. 133, 900. The sales of listed stocks ag-
gregated $4,000 shares and of unlisted
stocks 1900 shares.
New York Stock List, Closing Bids,
stocks and Bonds-American Cotton OIL,
Is; do preferred. "a; Sugar Refinery, 111%
do preferred, 1904; American Tobacco,
1131h; do preferred, 113; Atchison, Topeka
and Santa Fe. 1912; Baltimore and. Ohio,
62z4 Canada Pacific, 5Slz; Chesapeake and
Ohio. 22s; Chicago and Alton, Isl; Chica-
go, Burlington and Quincy, S65s; Chicago
Gas, 55ss; Delaware, Lackawanna and
Western, 1921; Distillers and Cattle Feed
ers, 2lA; Erie, 109s; do preferred, 22lz;
Edison General Electric, 36A; Illinois
Central. 90; Lake Erie and Western. %;
do preferred, SSA; Lake Shore, l47; Louis
vile and Nashville 60A; Louisville and
N. A, 81; Manhattan. 1llh; Memphis and
Charleston. Is asked; Michigan Central
100; Missouri Pacific, 33A; Mobile and
ohio, "A; Nashville, Chattanooga and st
Louis, S.; United States Cordage, l: do
preferred, 2; New Jersey Central, 1929;
New York Central, 1915; New York and
N E., 531z; Norfolk and Western pre-
ferred, 14ls; Northern Pacific, ~; do pre-
ferred, 1875; Northwestern, 9sla; do pre-
ferred, IA; Pacific Mail, 291k; Reading
17%: Rock Island, 72A; St Paul, 69lz; do
preferred 122%; Silver Certificates, 81;
tennessee Coal and Iron, 57h; do pre-