The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-07-20

FINANCIAL.

tons: Commercial demand. $4ss; sixty
Gays, Sis; ninety days, SiSIl2; francs,
Paris and Havre. sixty days, $5.17; Swiss
IS 3-16.
Domestic Exchange-The tone of the
market is steady. Banks are buying at
par and selling at IS per cent. premium.
commissioning 10 continued uncer-
talnty Of reorganization plan there Is no
support 70 southwestern, and il closes
weak, with free offerings at Sc. The gen
eral market is quiet and steady.
Stocks and Bonds.-State BOnds-Geor-
gia, Sl2 per cent. bonds of 1890, lOlSa bid,
lvZl2 asked; Georgia 3i2 per cents, due
1915, 1913 bid, 1924 asked; Georgia ~ per
cent. bonds, 1915, ll3is bid, ia asked;
Georgia Smiths, maturity 1896, 102 bid
l03 asked; South Carolina 4lzs, 1914 bid,
1882 asked.
City Bonds-Atlanta per cent. 40
bid, = asked; Augusta per cent, ll5 bid,
ll5 asked; Augusta per cent, 100 bid,
10 asked; Columbus 3 per cent, 102 bid,
lO3 asked: Macon per cent, III bid, III
asked; new Savannah per cent. quar-
terly, October coupons, 1862 bid, - asked;
New Savannah per cent. quarterly Au-
gust coupons, 1919 bid 1852 asked.
Railroad Bonds-Savannah Florida and
western railroad general mortgage bonds,
per cent. interest coupons, 1872 bid, 115
asked; Atlantic and Gulf first mort age,
consolidated per cent. coupons, January
and July maturity 1897, 1921 bid, 10i asked;
Central consolidated mortgage per cent
coupons, January and July maturity. 1893
l25 bid, asked; Central Railroad and
DduhlnS company cOlldleEdi EOlQ oSt ~
bid, 80 asked; Georgia railroad IS 1910 10
bid, 1l2 asked; Charlotte, Columbia and
Augusta second mortgage, ia bid, 1l6
asked; Montgomery and Eufaula first
mortgage Endorsed per cent 105A bid. 1904
asked; Georgia Southern and Florida first
mortgage per cent. trust receipts, lU2 bid,
lO3 asked. Savannah and Atlantic IS, in
dorsed, p bid, asked; South Georgia and
Florida Endorsed, firsts. lO7 bid, asked;
South Georgia and Florida second mort
gage, 1OS bid asked; Savannah and
Western IS, trust, certificates, Endorsed by
Central railroad, GO bid, 81 asked: Savan-
nah, Americus and Montgomery S. 50
bid, SO asked; Ocean Steamship per cent.
bonds, 1920 81 bid. IS asked; Columbus and
Rome first indOrsed 6s, - bid, 80 asked;
Columbus and Western per cent, first
guaranteed, 112 bid, ia asked; Augusta
and Knoxville railroad Z per cent, first
mortgage bonds, l02ls bid, - asked City
and Suburban railroad, first mortgage z
railway bonds. 20 bid, 25 asked: Alabama
Midland, 8 per cent, SO bid. 80 asked;
Brunswick and Western As. p asked;
South Bound railroad 5s Is bid, 76 asked.
Railroad Stocks-Augusta and Savannah
per cent, guaranteed, so bid, s. asked;
Central common, = bid. Is asked; Georgia
common, 1853 bid 10 asked: Southwestern
Z per cent. guaranteed, IS bid, Sc asked;
Central per cent certificates, % bid, %
asked; Atlanta and West Point railroad
stock, IS bid, Sc asked. Atlanta and West
ed.
Gas stocks-savannah Gaslight stock, 20
Power Company, 81 bid, IS asked.
Bank Stocks, Etc.-Citizens' Bank Jos
bid, 106 asked; Chatham Bank, 1872 bid, 40
asked; Germania Bank. 1929 bid, = asked !;
Merchants National Bank 1907 bid 1Ol1b
asked; National Bank of Savannah, 13l
bid, 1872 asked Oglethorpe Savings
Southern Bank of the State of Geor-
Bank and Trust Co., los bid, : asked;
Chatham Real Estate and Improve
ment Company, 52h bid. $50 asked Savan-
nah Construction Company "a bid 70 ask
ed; Title Guarantee and Loan Company, 81
bid, - asked.
Factory Bonds.-Augusta Factory. 6s
10l bid, 1903 asked; Sibley Factory IS, 100
bid, 102 asked; Enterprise Factory 6s, 102
bid, 1903 asked; Eagle and Phoenix Manu-
faeturing Company per cent. bonds, rs
bid, 81 asked.
Factory Stocks-Savannah Gotten Fac
tory, S5 bid. 20 asked; Eagle. and Phoenix
Manufacturing Company, q asked; Au-
gusta Factory, Is bid, n asked; Granite
Vile Factory, 155 bid 15S asked: Langley
Factory, lO3 bid 104 asked; ENTERPRISE
Factory, common, SO bid. 90 asked: j. p
King Manufacturing Company, 100 bid. 1902
asked; Sibley Manufacturing Company, 70
bid, 70 asked.
New York July 19-Money on call was
easy at 1@11a per cent; the last loan was
at per cent and at the closing was Of
fered at per cent. Prime mercantile paper,
3l2d4 per cent.
Bar silver, $3.50.
Sterling exchange easier with actual bus
mess in bankers bills at 81. Sss4 IA S9H for 50
days, and $4S924G49O demand Posted
G4.SS1R. -
Government bonds have been firm. State
bonds quiet. Railroad bonds were easier.
Silver at the board was dull
New York, July 19-The treasury bal
ances to-day were as follows: Coin, $780,
Gal, 600; currency, $64, $4,000.
New York, July 10, noon. Erie. 95s;
Northwestern, 80; Northwestern preferred
145; Lake Shore, 149I2; Norfolk and West
o T,,f. rs
Southern Railway common, 14s; Southern
Railway preferred, Aba American Sugar
10; Baltimore and Ohio, g. Canada South
ern, 53% st. Paul, $50; Rock Island 712:
Delaware and Hudson, 1295; Delaware
Lackawanna and Western, 1921; Manhat-
tan, 1l1&; Michigan Central, 992; New
New York, July 19.-The stock market
to-day, as on previous days of the week.
was entirely in the hands of the profess
sional traders. A well-known broker said
after the board adjourned that in his
opinion fully ninety per cent. of the days
business should be credited to the room OPP
orators. Commission houses had little or
nothing to do, while the transactions for
long account embraced the selling of some
st. Paul and Kansas and Texas. The pro-
fessional traders, as of late, paid most at
tention to the Industrial group. In the
cases of Sugar and Chicago Gas covering
appeared to be the order of the day. Sugar
rose 2ja to 111% and Yeceded to 1O95s6D
hos, making net gain of IL per cent
Chicago Gas first declined y to 5l5s, and
then rose to 53&q52S4. Leather, common
sst pTi S@n yet It made lS the The l 6Te-
ferred dropped IA to go and subsequently
rallied to s1%. 1t is practically admitted
that the company will increase its CAPT
talization by 5000 900, in order to complete
it's organiza ton. Lead was particularly
weak and fell from 351s to 80 on sales by
interests responsible for the recent de-
cline in the other industrials. General
Electric sold down u to 35s4d35Ss. ConsoI-
idated Gas fell 3A to 1864 and rallied to
1S9d13SA. The railway list was dun al
most to stagnation, but the undertone was
firm. The engagement of 100000 by w.
H. Crossman & Bro. for shipment to Fu-
rope by the Etruria did not have the
slightest influence on the market The ex-
PLANTATION for the shipment, according to
the firm, is that IL is cheaper to forward
the gold than to buy bills at current rates
A bullion firm viii also forward $4,000
by the same vessel. This brings the to-
tai shipments for the past two weeks UP
to 81 sos 600. In the last hour a report that
holders OF the next Reading junior secur-
tiles will be heavily assessed under the
proposed plan for the reorganiza ton of
the property led to a decline of q per
cent. to 1715. The preference incomes sold
down Il to q per cent. The market closed
quiet. net changes show losses of II to -
per cent. New England, however, gained
/ per cent. The losses In the industrials
was equal to @kN2L Der cent. Illinois Steel