The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-02-20
FINANCIAL.

ttOuSh Rice
75cqSl2O
FINANCIAL,
Savannah. Feb. 19.-Atoney is in fair de-
mand; call loans, per cent.
Donestlc Exchange-The tone of the
market is steady. Banks are buying at
par and selling at i per cent. premium
from 500 10 $1,000; for larger amounts,
Sl.50 per 81 900
Foreign Exchange-Market steady.
The following are net Savannah Quota
uons' commercial, demand, AS1t4: sixty
days, S4.S6si ninety days S4S6i4: conti-
nentals, steady; francs. Paris and
HaVre, sixty days, s5.lSla: Swiss sixty
days, S9,2Ols; marks, sixty days. "a 1916.
Securitles-Market is quiet and dun
state Bonds-Georgia, AZ per cent 1915.
ll452 hid, ll512 asked; Georgia per cent.
1885, lU452 bid, 1O51a asked; Georgia 81 per
cent, long dates, 1915 bid, 102is asked
city BOnds-NeW Savannah Der cent
April coupons, 1852 bid. 1861 asked new
savannah per cent May coupons, 1861.
bid. 1862 asked
Railroad Bonds-Central Railroad and
thanking Company collateral. gold IS. 80
bid, 30 asked; Central consolidated mort
gage Z per cent coupons. January and
july maturity, 120 bid asked; Sa-
yannaE and Western railroad 8 per cent.
trust ceruhcates, 30 bid, 50 asked; Sa-
vannah, Americas and Montgomery per
cent, ~ bid, % asked; Georgia railroad
per cent, 1910, 109 BID, 10 asked: Georgia
Southern and Florida, first MORTGAGE 6
per cent, 81 bid, IS asked; Montgomery
ana Eutaula FIRST mortgage per cent,
indorSed by Central railroad, 102 bid 1O3
asked Augusta and Knoxville first mort
gae per cent, 100 bid, l02 asked;
Ocean Steamship per cent. due 1926 s7is
DID, SSle asked; Columbus and Rome first
mortgage bonds, Endorsed by Central rail
road, - bid, - asked Columbus and
Western 6 per cent, guaranteed. 1O7 bid,
mortgage Z per cent. bid, IS asked;
Savannah and Atlantic per cent, in
dorsed, bid, - asked; Electric railway
Georgia and Florida first MORTGAGE Z Der
cent, lO9 bid, 10 asked; South Georgia and
Florida second mortgage, los bid. 109 asked;
Alabama Midland, Ssl2 bid 81 asked.
Brunswick and Western IS, guaranteed, ~
asked.
Railroad Stocks-CentraI common. -
bid, 15A asked; Augusta and Savannah Z
per cent, guaranteed. 70 bid, 81 asked:
Georgia, common, l57 bid, 159 asked; South
western per cent. guaranteed. including
per cent. certificates, with order for de-
faulted interest, 10 bid, 10 asked; Atlanta
asked; Atlanta and West Point per
cent. certificates, 80 bid, % asked
Bank, Stocks. Etc.-aGCitizens Bank.
~ b 6a l Is asked G Gha562R B BsBk
102la bid 1887 asked; Merchants National
Bank, SO bid, 1902 asked; National Bank
Oglethorpe Savings and Trust Company,
IS bid, 100 asked; Southern Bank of the
State Of Georgia, 163 bid, 165 asked; Savan-
nah Bank and Trust Company, los bid, 106
asked; Chatham Real Estate and Improve
ment Company 81 bid. SO asked; Sa-
Xannah Construction Company, Is bid,
79 asked; Title Guarantee and Loan Com
pany. IS bid. 50 asked.
London, Feb. 19.-Bar silver was quoted
at q 1l-l6d
New York, Feb. 19.-Money on call has
been easy at IL per cent; the last loan
was at III per cent. and at the closing was
offered at ~ per cent. Prime mercantile
n
Mexican dollars, 4Shc; sterling exchange
is steady, with actual business in bankers
bills at A.7Gt4S7l4 for sixty days, and
$4.SsH@4SSls for demand; posted rates,
$4.S12G4S9; commercial bills, &.621a4463;
government bonds were firm; state bonds
were dull; railroad bonds were higher. Sill
Yer at the board was COS for 10000 ounces.
New York, Feb. 19.-The treasury bal
ances were as follows: Coin, SIS, SS6, 0OO;
currency, S76,SS4, 900.
New York. Feb. 10, noon.-Erie, so:
Northwestern, 909s; do preferred, 13S; Lake
Shore, 1852 Norfolk and Western pre-
ferred, 111s; Western Union, sly; Southern
Railway, common, los; Southern Railway
preferred, 5ls4; American Sugar, 50; Balti-
more and Ohio, 81: Canada Southern 4S;
~. raul, ooA; Rock Island, 81; Delaware
and Hudson, i26l2; Delaware, Lackawanna
and Western, 1861; Manhattan, 1861;
Michigan Central, 50; New York Central.
99is.
quiet day at the stock exchange, the trad
ers having held aloof pending the out
come of the efforts of certain senators to
pass a free silver coinage bill. There was
also disposition to await the result OF
the government bond Offering by the Bel
mont-Morgan syndicate. In regard to the
former. it can be said that nobody on
the street believed for moment that a
free silver bill can become q. law and for
that reason the efforts of the free silver
ties only excited mild interest. The
bond prospectus was issued after busi-
ness hours and contains nothing of i'm
portance that was not known for the
past few days. The subscription books are
10 be opened tomorrow, and the syndi-
cate reserves the right to allot the bonds
as it deems best. The best authorities be-
lieVed that the bonds viii be largely over
subscribed. At the opening the market
was quiet and feeling of hesitancy pre-
vailed, but this soon gave way to hrm-
ness and prices moved up 4 10 rs per
cent Jersey Central Lackawanns, Del
aware and Hudson, Cordage, New Eng
land, the Changers, Chicago Gas and
Sugar were all prominent in the rise. The
strength OF the last named was due to
the advance in refined sugar The declar-
alton of the regular quarterly dividend
by Burlington and Quincy had no effect
on the stock. The Canadian Pacific direc-
tors were also 10 act on dividend matters
to-day. but failed because of lack Of q
( quorum After the advance noted prices
Welded all along the line. Sugar fell IL
1 TO 91zs New Jersey Central Il. to s3Ss,
I Lackawanna l to 1855 and the rest OF the
/ Nashville was there on the decrease Of
I $3.50 in earnings for the second week OF
/ February, and Erie, on the old talk about
! foreclosure and heavy assessments. In
/ Inc last hour. however the market i'm
/ proved and the decline was partially re-
! covered and speculation closed firm. In
/ the specialties American Tobacco broke
( ~ to S9QS93t and National starch opened
I on sales Of fifty shares, dropped 10 10 81.
Z The stock closed at 80 bid and y asked.
I Long Island Traction rallied TO slA Ire
I stockholders are 10 meet tomorrow 70
( bring about means 10 break the lease 70
the Brooklyn city railroad Total sales