The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-06-14
FINANCIAL.

par and selling al l. ner cent. premiur1 ~,
- E $500, over 5000 at Sl.U0 per Sl.uO.
10 elsn ENchange-Market firm. The
following are net Savannah quotations:
numerical demand, Sle9 sixty days,
sfesd,,in ninety s. Gays, ASia; ,contmentais.
days, S5.ll; Swiss, sixty days, S5lS4;
Ks, sixty Jays, IS 3-l6.
Recommending market IS firm and
aUN dhclns Tor Central issues.
State Bonds-Ceorgia, az Der cent, 1913.
~ pid' ~ asked; Georgia, Z per cent,
-. ly0 blu- 100 asked; Georgia 81 per
0e G,,;,. long dates, lO2l2 bid. 1882 asked.
lily Bonds-New savannah per cent,
JuIy coupons, 1912 bid, asked; New Sa-
h blti''ah per cent, August coupons, lUii2
Railroad Bonds-CentraI Railroad ana
bdhklng Company collateral, gold 5s. 30
Diu, ID asked Central consolidated mort
5aSe per cent, coupons, January ana
July maturity, IA bid, aSked; saw AN
nan ahC W estern railroads per cent, trust
ceIuhcates, 81 bid, 81 asked; SaVann N
AnerlcuS and Montgomery, o per cent, 70
1s,i % asked; Georgia railroad, per sent.
aSIV IOt2 ola, IL asked; Georgia southern
anu lorlua lirSt mortgage, o per cent, 95ls
pa, S61z asked; Montgomery and Eutaula
l Drst mortgage 8 per cent, Endorsed by
| central railroad, - bid l03 asked; Angus
Ia and Knoxville first mortgage { per
cent, 100 bid, 1O1 asked; Ocean steamship
. per cent, due 1920, 91ls bid, 9Slz asked,
columbus and Rome first mortgage bonds,
! lnqorsed by Central railroad bid a.
asked; Columbus and Western per cent.
guaranteed - bid. ll2 asked; City and Su-
Durban railway, first MORTGAGE per cent,
50 bid, So asked; Savannah and Atlantic 5
per cent, indorsed Is bid, asked: Elec-
tric railway first mortgage Is, 80 bid, 30
asked; south Georgia and Florida first
South Georgia and Florida second
| mortgage, los bid, - asked South Bound
railroad 5s, indorsed, 74la bid, 1872 asked;
Alabama Midland, SO bid, 30 asked; Bruns-
asked
Railroad Stocks-Central common. u
bid IA asked; Augusta and Savannah I
per cent, guaranteed; 70 bid, 50 asked;
Georgia, common, 100 bid, 1872 asked;
southwestern per cent, guaranteed in
Cludlng order for div, i3 bid. "A asked;
| Central per cent, certificates, with or
der for defaulted interest, 20la bid, %
| asked; Atlanta and West Point railroad
stock, "a bid, IS asked: Atlanta and West.
Point per cent. certificates, 81 bid, IS
asked.
Bank Stocks, Etc.-Citizens Bank, lOi
bid, asked; Chatham Bank, 4S12 bid,
40 asked; Germania Bank, l0S bid, 104
asked; Merchants National Bank, l0o bid,
10l asked; National Bank of Savannah, 122
bid, 1873 asked; Oglethorpe Savings and
| Trust Company. 100 bid, 1O1 asked; South
ern Bank Of the State of Georgia, 100 bid,
| l66 asked; Savannah Bank and Trust
| Company, los bid, - asked; Cha than Reai
Estate and Improvement Company, 53i2
bid, 54l2 asked Savannah Constructor
Company. "A bid. 7514 asked; Title Guara1-
tee and Loan Company, 50 bid, 81 asked;
brush f4leClTlC llBNL ana rover 09fll-
pany, SO bid, 81 asked Savannah Gas
Light Company, 201a bid, 21i3 asked; Savan
nah Brewery Company, 97i2 bid. 9Sla asked.
New York, June 13.-Money on call was
easy at per cent; the last loan was at l
and at the closing was offered at / per
| cent. Prime mercantile paper 59512.
Bar silver SIC.
Sterling exchange is easier, with actual
| business in bankers bills, at A.SS14d4.tsja
| for sixty days and SlS9l4 for demand.
| Posted rates, $LS9G490; commercial bills,
| S4.S714d4.sS
Government bonds firm; state bonds
steady; railroad bonds were strong.
Silver at the board was firm.
New York, June i3.-The treasury bal
ances were as follows: Coin, S92, 900, and
currency S66,3S0OO0.
New York, June 10, Noon.-Erie, III;
Northwestern, 80; do preferred, 1881 Loke
! Shore, 1881 Norfolk and Western pre-
| ferred 14ll; Western Union. 93ss; South
ern Railway common, 141a; Southern Rain
ay preferred, 40; American Sugar, 120ss;
| Baltimore and Ohio, 3d. Canada Southern,
5lA; St. Paul, esq; Rock Island, 70; Della
| ware and Hudson, 129s4 Delaware Lacka .
wanna and Western, 1924 Manhattan,
| 1l5A; Michigan Central, l01; New York
| Central, 1902
New York, June 13-The stock market
| opened with few traces of yesterdays
| weakness; in fact, there was a regular
! scramble to cover short contracts put
/ out near the close yesterday on intima-
! tions that the supreme court of Illinois
| had declared the Whisky Trust Illegal
| In their eagerness to cover the bears bid
/ up prices on themselves ana chicago Gas
| and Sugar bounded up rs respectively to
| 5G%. The issues were all higher on i'm
! proved demand for foreign account
| Distillers not only Jagged, but receded to
! 49, Subse0uentiv CHICAGO Gas sold of
| to 72A and the other prominent issues lost
about Hd24 per cent The weakness was
short-lived, however. ana before midday
| once more. This time the Anthracite
! Coalers were in the lead and on reiterated
| statements that the Delaware and Hudson
will dfat q fa DnliNU
and Western in the future this group OF
stocks advanced y to 2l2. The Changers
were strong on the excellent outlook Tor
the crop, but were not as prominent as
| of late. Southern railway securities were
active and higher on the rumored plac-
| ing of another block of stock abroad, re
| ferred to yesterday and reports that the
| company had made important traffic al
| llances. The Nanderbilts were less active
and shade lower on the day. Northern
! Pacifics were weak on limitations that
| the reorganization plan will provide for
| heavy assessments, especially on the pre-
| ferred In the lndustrials, Sugar and Chi
| cago Gas developed great strength in the
| late trading, Sugar rising to l2l5s ana
| Chicago Gas to 75A. The last named was
! frontage bill passed the Illinois Legislature
| Distillers was firm near the close, the
| official announcement that the Illinois SC-
| preme court had to-day handed down its
| decision in the quo warranto case, having
| led to buying to cover by operators VINO
| had sold on the theory that the courts
/ would nnallV decide against the legdHIy
| of the company. 1t is probably worthy or
mention that the decision rendered to-day
appeared to satisfy both the reorganizs-
! ton committee and the Greenhut party.
| AT the close the market was strong in
| tone, with net advances anywhere from y
| to 2ss per cent. Total sales were 34S,4 74
| shares, including 1900 Sugar and Il, 100
| Chicago Gas. The bond market was ac-
tive and strong. Transactions were 81
New York Stock List-Cloc-ng Bids
Stocks and Bonds-American Cotton OIL,
/ 271t: do preferred, 1872; Sugar Refinery,
| l2iis; do preferred 102H; American To-
| bacco, 1854; do preferred, 1l4i2; Atchison,
| Topeka and Santa Fe, 10A Baltimore ana
| ohio 62lA; Carada Pacific, "a; Chesapeake
and Ohio. 22A; Chicago and Alton, l52;
| Chicago. Burlington and Quincy, S5l4 Chit
cago Gas 74s4 Delaware, Lackawana1
! ana Western. i62; DistilliAg Cattle Feed,
1915 Erie 10] do preferred, Is asked;
| Edison General Electric, 35sz Illinois Ger
trail 95: Lake Erie and Western, 24l4, do
/ preferred. So; Lake Shore, 14S; Louisville
and Nashville, SO; Louisville and New AL
! banv. 10; Manhattan, 115Is: Memphis and
1 Charleston, Is asked; Michigan Central
10I: Missouri Pacific, 29A; Mobile ar1
| ohio pa: Nashville, Chattanooga and ST.
| Louis. 65; United States Cordage. 2; do
preferred, Siz; New Jersey Central, lN1s;
! Kew York Central, 1925; New York AMI
! New England, 4iA: Northern Pacific, );
| do preferred. 17&; Northwestern, 99l4 DO
! nTeferred 1891; Pacific Mail, 3ll4; Read
! ing, 1874; Rock Island; us; 81, Paul, 6ss.