The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-02-07
FINANCIAL.

FINANCIAL.
savannah, Feb. 6.-AIoney is in fair de-
Maod; call loans per cent
domestic ENchange-The tone or the
Ilst4 ket Is steady. Banks are buying at
ITO per cent. discount, and selling al lis
premium for amounts Of $50 or over.
ofeign EXchan ge-Aiarket is unsettled
me lolloWlng are net Savannah Quota
lions: Commercial demand, SASH: sixty
GAYS, SLS6A; ninety days, $4S6; conti-
rentals. steady; francs. Paris and
5ldNre, sixty Gays, S5.l15s; Swiss, sixty
Gays, s9.@0ls; marks. sixty days. s5is.
SecuIi Ies-Market quiet and dull; offer
state Bonds-Georgia. A. per cent. 1915.
nae bid, ll5l2 asked, Georgia per cent.
1876, l03le bid 1867 asked; Georgia 80 per
cent, long dates, l0l bid, 102 asked.
city Bonds-New Savannah per cent.
April coupons, 1852 bid, JOG asked; new
sSaVennah . per cent. May coupons, 1854
bid, 1853 asked
Railroad Bonds-Central Railroad and
banking Company collateral, gold IS 81
DID, % asked; Central consolidated mort
Ease Z Per cent coupons, January and
july maturity, 80 BID, asked; Sa-
vannaE and Western railroad 8 per cent.
trust certificates, 50 bid. % asked Sa-
Vannah. Americas and Montgomery per
cent, 81 bid, % asked; Georgia railroad
6 per cent, 1910, 1O9 bid, 10 asked: Georgia
Southern and Florida. first mortgage 6
per cent, s. bid, Sc asked; Montgomery
ana Eutaula first mortgage G per cent.
indorsed by Central ra ilroad. l62 bid. l05
asked; Augusta and Knoxville first mort
gage Z per cent, 100 bid 1927 asked:
Ocean Steamship per cent due 1900 gu
bid, 9sl3 asked; Columbus and Rome frsT
mortgage bonds. Endorsed by Central rail-
road, - bid, AZ asked; Columbus and
10 asked: City and Suburban railway first
mortgage 7 per cent, bid, So asked;
Savannah and Atlantic per cent. in
dorsed, bid, 81 asked; Electric railway
Georgia and Florida first mortgage Z per
cent, lO1 bid 10 asked; South Georgia and
Alabama Midland, SSla bid, 81 asked
Brunswick and Western Is, guaranteed, Y
asked
railroad stocks-Central common. 49,
bid, 15ls asked; Augusta and Savannah Z
per cent, guaranteed. 50 bid. 81 asked /:
Georgia, common, l55 bid, $50 asked; South
western per cent, guaranteed, including
order for div, 6S bid, 20 asked; Central s
per cent. certificates, with order for de-
faulted interest, bid, 10 asked: Atlanta
and West Point railroad stock, 81 bid, SS
asked; Atlanta and West Point 6 per
cent. certificates, SO bid, 50 asked.
Hank Stocks, Etc.-Citizens Bank
ilolla bid lG asked; Chatham Bank
ly21s bid. 103l1 asked; Merchants National
Bank, 9S bid, 100 asked; National Bank
Of savannah, l50 bid, ISL asked;
IS bid SO asked; Southern Bank of the
State OF Georgia, 1872 bid, 165 asked; Savan-
nah Bank and Trust Company, los bid, l06
asked; Chatham Real Estate and Improve
ment Company. 50 BID, SO asked; Sa-
vannah Construction Company, Is bid.
50 asked; Title Guarantee and Loan Com
panv. IS bid, 50 asked.
London, Feb. 6.-Bar silver was quoted
at q 7-16.
New York, Feb. 6.-Money on call was
easy, at lQl12 per cent; the last loan was
a { l]s per cent, and at the closing was Of
fered at IL per cent: prime mercantile
paper, per cent. bar silver, 59zs. Sterling
exchange was weak, with actual business
in bankers bills at S487d48Tls for sixty
days and $4SS0466ia demand; posted rates,
S4.S1laQ4S9; commercial bills, s4.S6Q4. $50 !.
governm ent bonds were firm; state bonds
were dull; railroads bonds were frmer.
Silver at the board was quoted Al 6015c
bid.
New York, Feb 6.-Noon.-Erie 10:
Northwestern, 81; do preferred, 142l2;
Lake Shore, 1874; Norfolk and Western,
preferred. 1874; Western Union, s.; South
ern Railway, common, l0l4i Southern Rail
Baltimore and Oh o, bf1e; Canada south
ern, 49; St. Paul, SOS; Rock Island 63ss;
delaware and Hudson, rs; Delaware,
LeckaWanna and " Western, l59; Manhat-
tan, l07; Michigan Central, 50; New York
New York. ~. 6.-Speculation at the
stock exchange was extremely dull
to-day, the sales of stocks amounting to
only 114,452 shares, against 15E93 ester
day ana $4,000 on Monday The decline
is directly traceable to the delay in the
bond issue. Still the market holds well
for the reason that the street is firmly
convinced that the negotiations for the
nlacing of the bonds have been success
ful, and that all that remains is TO an
nounce the details of the deal. Alr ].
f. P.errep ont Morgan was quoted as saying.
81 am satisfied no announcement Of
bond issue VIII be made till after the vote
in the House on the Springer bill. am
also satisfied that President Cleveland and
Secretary Carlisle are alive to the situa-
ton" This had A great weight with operr
ators who were inclined to add moderate
" to their lines. Sterling exchange was
also weaker. and under heavy offerings
BY houses supposed to be in touch with
the bankers handling the new loan, post
Sctivitv on the part Of the friends of the
railroad pooling bill in the Senate encour-
aged the bulls somewhat, although it is
doubtful whether anything can be &C
! complished at this late hour. London au,.-
ed to the bullsh feeling by its purchases
of St Paul, Louisville and Nashville and
coverv in corn and wheat also had a
good effect. The gain in prices ranged
from 4 to rs per cent, LOUISVILLE and
C1rangers, Western Union, Northern Pa
cifjc, Erie and Missouri Pacific all being
prominent in the Advance. In the last
hour there were realiZations ana the gain
noted was partially lost. Norfolk and
I Western common fell to Sst and the pre-
ferred 70 1873 on the appointment of re-
cefvers The market closed steady, with
prices anywhere from Il to q per cent.
HIGHER than on yesterday. Lead lost 4
and New England 3 per cent. IN the
inactive list Consolidated Gas rose t5a 10
12a1%012S1A United States Rubber sold al
q l. The directors to-day declared the
first dividend on the common stock. The
dividend is 21s per cent, and IS payable
March IS 1925. At a late hour the posted
rates Of sterling exchange We're restored
to s.. So and Sl.491a Actual rates were 81 S7is
for sivty DAYS S4.SS1i IN. S815 for demand
and 81 SS2z "a S9Ib for cables. One large for
eign house understood to be heavily in
terested in the proposed new governm mt
loan were the buyers of bills ell day. The
sum of 100000 gold was withdrawn from
| the subtreasury by the Merchants Ma
tionaI Bank TODAY. 1t is understood the
cold viii not be shipped to Europe. The
bond market was higher. Sales OF listed
stocks aggrega ted $4,000 shares and OF I'M
listed stocks 2800O shares
New York stock List-Closing Bids
Nmorican cotton Oil. 1879; % preferred,
"a: SUGAR Refinery, s35s; do preferred,
qgst American tobacco, 95lR; do preferred,
707. Atchison Topeka and Santa Fe- "a;
baltimore and ohio, 63; Canada Pacific,
59H: Cbesapeake and Ohio. 16sa; Chicago
and Alton, III: Chicago. B. and q, Y;
C,hicago Gas, 70; Delaware, Lac kawanna
and Western 1885,; Dis. Cat Feed, 81;
I5rfe. 10lb: DO preferred 21a4 Edison Gen
Electric. e94: illinois Central So; Lake
Erie ard Western, l6; DO preferred; 1gli
lake Shore 1875; Louisville and Nash