The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-06-07
FINANCIAL.

ur-r- a
$oigOo; over $500 q 800 per 500 y
foIloo-iSsal ESchange--Aiarket steady. The
- 81 ~ iiilsFeial demand, $50 sixty DAYS.
ss,,-ssh ninety DAYS. As7ls: continentsls
Ss sxsoy iSanes. Paris anu Havre. sixty
n9s,Ji, s9ile. swiss. sixty days, $751;:
Ai.sI Ks, sixty DAYS. ISL.
s, seSnriti es-The market is quiet and
Cent? excepting excepting hardening. tendency IN
,,S pas is Bonds--Geoygia. AZ per cent. 1915
ISSs 'i ~ ~ asked: Georgia, per cent
80. 100 bid. los asked. Ceorsta a. ner
cent, long dates lOlIs Md l0sit ssszef -
T, NY Bonds-New Savannah 3 per cent.
1890 ~ upons' l0lis bid. - asked New Sa-
bid an ~ cent August coupons. 1919
SStli.road Bonds-Central Railroad and
ma ~ company collateral. gold 5s, 50
oIu, - asked; Central consolidated mort
SAGE per cent. coupons. January ana
10y maturity, 1871 bid - asked. Savan-
cen sa western railroad. per cent trust
an A,n1erlcuS and Montgomery. s per cent. *
ia1n % y3o asked; Georgia railroad per cent
ana ~ pld' ~ asked: Georgia Southern
IA ioIl9d nrst mortgage. s per cent. 81
e eiI, 70 asked; Montgomery and Eufauia
CentrsII rSs;sse o per cent. Endorsed by
Svsta railroad, 1oi bid. lO3 asked: Au-
susta ana knoxville first mortgage Z per
~, - Do, 100 asked: Ocean Steamship
SII Sr cent, due 1920, 97is bid. sSls asked;
ir o5lor,ioHs ana Rome first mortgage bonds
asked; Columbus and Western per cent
S'i@b teen il0 bid. ll2 asked: City and Su-
Durban railway, first mortgage I per cent
- DID, 70 asked; Savannah and atlantic <
per cent Endorsed. Is bid. . asked: Flee
s asto ddaiiSay hrst mortgage 6s. 30 bid, IS
mortgage Z per cent los bid. IOT asked.
SouIh georgia and Florida second mort
sass' TO bld loo asked; South Bound rail-
ROAD oS, lndorscd. 74ia bid, 75i5 asked. Ala
Daina Midla nd, 50 bid. 90 asked: Brunswick
ana Western Is, guaranteed, Il asked.
Saliroad Stocks-Central common y
Il ct an~I -
per cent guaranteed. Il bid, 81 asked
Georgia, common. 100 bid l62 asked:
cInd,.'s I per cent. guaranteed. in
Sentral per cent. certifi -ates, with order
LOT detaulted interest, II bid Is asked:
az etld ma ana West Point railroad stock.
So12 bld, 20 asked: Atlanta and West Point
Per cent certificates, Sc bid, 81 asked
Bank stocks. Etc.-CitiZens Bank l0a
old, l9il2 asked; Chatham Bank asa bid. 4S&.
Sshe9 Otrmania Bank, 1903 bid lO4 asked:
Mereha1ts' National Bank, 80 bid. 100
asked; National Bank of Savannah. Is9
bid, asked; Oglethorpe Savings and
trust Company. 100 bid. 10l asked: South
ern Bank Of the State of Georgia, 1855 bid.
loo asked; savannah Bank and Trust Com.
Estate and Improvement Company. 5su
bid, 54A asked; Savannah Constructior,
.company a bid, 75la asked; Title Guaran-
Brush Electric Light and Power Com,
pany, 59l2 bid, 60l2 asked; Savannah Gas
Light Company, 20 bid, p asked; Savan-
l
New York. June 6.-Money on call was
| easy at 1d1l2 per cent; the last loan was al
Ia per cent; and at the closing was Of
ferred at " per cent. Prime mercantile
/ paper, 3q3l5 per cent.
Bar silver, 6624c.
Sterling exchange strong with actual
business; bankers bills at 81. ssh "A ssh for
sixty days, and 81 S9l4 a S9i9 for demand.
posted rates A.SSq4.90 Commercial bills,
Government bonds were strcng: state
! ponds were steady. railroad bonds 1ncra
firm.
Silver at the board was quoted quiet.
New York, June 6.-The treasury bal
ances We're as follows: Coin, $50, So, 900:
currency. $56492C00.
New York, June s. noon.-Erie. 1919;
Northwestern, 9S1s; Northwestern preferT-
ed, l4i12; Norfolk and Western preferred
llss; Western Union. 81; Southern Railway
common, 1874 Southern Railway preferred,
5ySs; American Sugar. us; Baltimore and
/ Ohio, So; Canada Southern, So; St Paul
sos; Rock Island, IS; Delaware and Hud-
son, l2Sls Delaware. Lackawanna and
Western, 1903: Manhattan, 49, Michigan
1 Central, 1907 New York Central, 1012s.
New York. June 6.-The professional OPP
orators were in full possession of the
stock market to-day and as a result the
changes were very irregular. Susquehan-
ma and Western was the feature of the
market the. common declining from 97s
10 ~. and the preferred from 1914 TO Pa
The last named subsequently recovered to
259sd23A. The heaviness of the stocks was
due to rumors that the company was in
financial trouble and a receivership was
imminent Diligent search failed to cen
firm these stories Nevertheless the
stocks lacked support and were weak
throughout So far as the general Rail-
way list is concerned, ii may be said that
the bears endeavored to bring about liqui-
dalton, but their efforts proved futile AT
the start the market was rather irregular
but as a rule the shares of leading prop
critics were sold at concessions. In the
afternoon trading, Northwest shot up
point to 9SIs, the result of bids by room
traders of Ia per cent. for the dividends
on the common. After the close of bust
ness it was announced that the directors
at their meeting in Chicago to-day. had
dec AIRED only IL per cent. for the half
year, making 4 per cent, for the year. In
the Industrials, Sugar was decidedly
stronger rising to 11sla on semi-official
statements that the regular dividend had
been decided on by the directors and that
the latter at their meeting tomorrow will
declare the same payment. Rubber was err
ratio, the recent rise having invited profit
taking. The common stock ranged be-
tween ~ and "a with the final transactions
at 1925, loss of y per cent. for the day.
Cordage stocks were heavy, the common
selling down to "a, preferred. to AZ and
the first Is to SSA. The explanation of
the companys downfall had an adverse
influence on its securities. The general
market closed dull and firm. Active is
cent. The Anthracite CoaIers lost l5d7s
per cent. outside of Susquehanna and
Western preferred, which is S5s per cent.
lower on the day In the inactive stocks,
Oregon Navigation advanced 2 to 80. The
bond market was firm. The sales were
1867, 900. The sales of listed stocks ag-
gregated $4,000 shares; unlisted, 5000
shares.
New York stock disclosing bids-stocks
and bonds-Amertcan Cotton Oil. q; do
preferred, 1915; Sugar Refinery, 1855; do
preferred, 100la; American Tobacco, 1l3lz;
do preferred 49, Atchison. T. and s. F.
6h: Baltimore and Ohio, 61%; Canada Pa
clf1c, 511R; Chesapeake and Ohio, 2215; Chi
cago and Alton, $50; Chicago, B. and O.
S113; Chicago Gas, 74I4; Del, Lackawanna
and Western, 161; Distillers, Cattle Feed
ers 2Cis Erie, 1914; do preferred. 81 Ed-
son General Electric, 357s; Illinois Central,
94ls Lake Erie and Western, 2315; do pre-
ferred, S1A; Lake Shore, 145A; louisville
and Nashville 575s: Louisville and N. A.,
ga Manhattan 1872; Memphis and Char@
lesion, 10 asked: Michigan Central, 1884;
Missouri Pacific 27&s Mobile and Ohio 2rI
Nashville, Chattanooga and st. Louis, 65;
United States Cordage, ~; do preferred,
A; n. j. Central, 9ssa: N. Y. Central. 101A
n. Y. and n. E.. 43l4 Norfolk and Western
preferred 14ss; Northern Pacific, 5; do pre-
ferred. 1875; Northwestern, 9Sss; do pre-
ferre1, 144s4; Pacific Mail, 2S% Reading
1914: Rock Island. 6s5s st. Paul, 6e1a; do
preferred. 120% Silver Certificates,
667k: Tennessee. Coal and Iron, 2ss4; do
DO preferred, s7lS; Texas Pacific, 11s4 I'm
ion Pacific. 80; Wabash. st. L. and P. Si9:
do do nreferre1 10. Western Union %.