The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-07-23
FINANCIAL

ma I.aIhel Is steady. Banks are buying At
20 Ss anu iseliing at Is per cent. premius.
soScIfl les-Ine market is very quiet
win light offerings. Southwestern stock
Is STEADY at quotations
totOSks and Bonds-State Bonds-Geor-
SO % per cent bonds OF 1880 l0l7. hid
14oo-52 asked; Georgia 3ia per cents duS
LSLS. lVlf4 bid, l02i4 asked: Georgia AZ per
Gan-,, oones, lsl5. 1872 bid. liIz asked:
lOSl2 asked 80 -'' = III
,, City Bonds-.Atlanta : per cent. 10
Dids = asked Augusta per cenr 115 bid
10 asked; Augusta per cent. 100 hid
~ ~ asked; Columbus 5 per cent. IO2 bjd
IoS asked Macon per cent, III bid. lI5
asheuS new Savannah per cent quar-
rel,l: OctoDeT coupons. l0bI2 bid. - asked.
new savannah per cent, quarterly. Au-
s1 Psi GSoup,ons, lgI12 bid. - asked.
railroad BOnds-SaVannah Florida and
western railroad general morte.a re bonds
per cent. interest coupons li3Ls bid rs
ASKED; Atlantic and Gulf first MORTGAGE
sDJ 9iii,s tsd per cent. coupons, January
anu july maturity 1897, 1872 bid 100 asked.
central consolidated mortgage 7 per cent
COUPONS, January and July maturity lSq3
- - piu' = asked; Central Railroad and
DailhlhS company collateral gold 5s 80
Si9' 30 asked; Georgia railroad 6s 1910 III
Do, - asked; Charlotte Columbia and
augusta second mortgage lis bid, JIG
aSheu, montgomery and Eufaula first
mortgage Endorsed 8 per cent, l06 bid. 1867
dShel' Georgia Southern and Florida first
I mo- gage per cent. trust receipts leg bid
I0rseq, p bid, - asked, South Georgia and
lorlda Endorsed, firstS 107 bid. - asked.
south Georgia and Florida second mort
gage, JOG bid, asked; Savannah and
Western IS, trust certificates. endorsed nv
central railroad, 6ll2 bid, 62la asked: Sa-
Nahhah, Americus and Montgomery 6s
o-'2 DIG 5Sle asked; Ocean Steamship
per cent. bonds, 1920. "a bid So asked; CO.
lumbus and Rome first indorsed IS, - bid.
IS asked; Columbus and Western per
cent, first guaranteed ll2 bid ia asked.
cent, first mortgage bonds, 1O2l2 bid. -
asked; City and Suburban railroad, first
asked; Electric railway bonds, p bid. Is
asked; Alabama Midland, per cent, SO
old, 30 asked; Brunswick and Western As
Y asked; South Bound railroad IS, 70 bid,
Railroad Stocks-Augusta and Savannah
Z per cent guaranteed, 50 bid, 50 asked;
central common, - bid, Is asked; Georgia
common, l6S bid, 10 asked; Southwestern
I per cent. guaranteed, IS bid, S5s4 asked:
central per cent certificates, 22J2 bid, 23ls
asked Atlanta and West Point railroad
stock, 50 bid, 81 asked; Atlanta and West
Point per cent. certificates. "a bid,
asked.
Gas stocks-Savannah Gaslight stock. 10
bid, Dl9 asked; Electric Light and Power
Company, 81 bid, IS asked
Bank Stocks, Etc.-Citizens' Bank, Jos
bid, LOG asked Chatham Bank. ASP bid, 10
asked; Germania Bank 102Is bid, = asked;
Merchants National Bank. 1OO1s bid, 1917
asked; National Bank of Savannah, l3I
bid, l32 asked; Oglethorpe Savings
gs Bank e0Rp Of hd 100 Stale Rd Of o1
gia, 16l bid, l6S asked; Savannah
Bank and Trust Co, 1O5 bid, asked;
chatham Real Estate and Improvement
company, 5212 bid, 53i5 asked; Savannah
CONSTRUCTION Company, "A bid, 70 asked;
Title Guarantee and Loan Company, 81
bid, - asked.
Factory Bonds-Augusta Factory. ss
101 bid, log asked; Sibiey Factory Is. lOD
bid, 10S asked; Enterprise Factory, 6s, 1Oz
bid, lOS asked; Eagle and Phoenix Manu-
featuring Company per cent. bonds, rs
bid. 81 asked.
Factory Stocks-Savannah Cotton Fac
tory, s. bid, 20 asked; Eagle and Phoenix
gusta Factory, 70 bid, rs asked; Granite
Vile Factory, $50 bid, asked; Langley
Factory, lO4 bid. 105 asked; Enterprise
Factory common, 80 bid, SO asked; j. p
King Manufacturing Company, 100 bid, 1O3
bid, 76 asked
easy at 1914 per cent. Last loan was
at per cent, and closing offered at l per
cent. Prime mercantile paper, 31zQ4l2 per
cent. Bar silver, 66%.
Sterling exchange steady, with actual
business in bankers bills at 81 SS24T4 SgIt
for sixty days, and $4.S92q49O for demand
bills, s4SSQ4.sS
Government bonds quiet; state bonds
firm railroad bonds strong.
Silver at the board was neglected
New York. July 22.-The treasury balan-
ces were as follows: Coin, Si6O. i60 900;
currency. $6S. 5Ss, 900 ''''-'''''O'
New YORK, July 22-Noon.-Erie, 81;
Shore, 1924; Norfolk and Western pre-
ferred, lSl8; Western Union, 9l3A; South
ern Railway common, IA; Southern Rail
112&; Baltimore and Ohio, So; Canada
Southern, $50; st. Paul, 60; Rock Island.
1876; Delaware and Hudson, 1870; Delaware,
Lackawanna and Western, 1927; Manhat-
Michigan
Central 1904.
New York, July 22.-The feature Of
trading at the Stock Exchange to-day
was the movement to cover short con-
tracts. This was most pronounced in the
cases of the Changers. The total trans
actions We're A0,004 shares, and of this
Burlington and quincy figured for 40 ZOO
shares; Rock Island for 1900 shares and
st. Paul for 2, 900 shares. The increase
in business in these stocks was due en-
tireiy to the efforts of the shorts to cover
and their purchases led to sharp rises
Burlington and Quincy rose 2 to SSIb;
Rock Island, 2$s to 7434; St. Paul, IA to
699s; Northwes tern, rs to 100&, and Omaha,
= to 405s The brilliant outlook for spring
wheat and corn alarmed the short sellers
of ten days ago, and the rise can be safely
attributed 10 the efforts of this contin-
gent to get back their contracts The
fact that progress is making in the way
of rehabilitating bankrupt properties is
also having considerable influence. The
fight for the control of the valley road of
Ohio has been compromised. The Balti-
more and Ohio is to reorganize the prop
erty, and the Wheeling and Lake Erie
is to have a ninety-nine year traffic CON
tract. Northern Pacific affairs are also
in a fair way of settlement President
Hill of the Great Northern is due to ar
rive here tonight. 1t is understood that
the Adams committee and the leading
banking interests have held conferences
of late, and that the chances for a sue
cessful reorganization of the Northern
Pacific railroad have improved. Impor-
tant developments may be expected this
week in this companys affairs. The In
dustrials were strong, except for Leather
preferred, which appears to be under the
ban. Sugar, Chicago Gas, and Tobacco
were all in demand and recorded higher
figures, Sugar selling as high as ll3A.
Speculation closed strong, the prominent
issues showing advances of 14G2% per
cent for the day. Bonds were strong.
The sales to-day of listed stocks aggre- |
gated l07, 055 shares, and of unlisted stocks
43, 900 shares.
New York Stock List-Closing Bids |
Stocks and Bonds.-American Cotton Oil, |
25A; do preferred. 7212; Sugar Refinery, !
113M: do preferred. 1904 American To- |
bacco, 1895; do preferred, III; Atchison. |
Topeka and Santa Fe. 1915; Baltimore and /
Ohio, 62Ia; Canad Pacific. 5414; Chesa- |
pea6e and Ohio, 2l1s; Chicago and Alton, |
Cbfoo 90 Burlington and Quincy