The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-05-10
FINANCIAL,

IL, ""i~0NiS Ad@r 10 extra, 4AWGi Japan
FINANCIAL.
Money is steady. with fair demand!
domestic ENchange-The tone of the
market is steady. Banks are buying at par
Sn o. selling at Is per cent. premium up to
So0OO over 5000 at $1.OO per 81 900.
Foreign Exchange-Market weak The
Iolowlng are net Savannah quotations:
commercial demand. S4sSa4, sixty days,
$S@; ninety days. 4c7Ss; contfnentals
STEADY; francs, Paris and Havre. sixty
marks, sixty days. IS 3-16.
SecurHies-The market is dull and slug
gish for Central issues.
state Bonds-Georgia, Az per cent, 1915
10 bid, JIG asked; Georgia 7 per cent,
lSS5. l05 bid, 1O6 asked; Georgia 3ls per
cent, long dates, lO2 bid. 1OS asked.
III, NY Bonds-New Savannah per cent.
Eanhah per cent, August coupons, 1O6k
Railroad Bonds-Central Railroad and
BANKING company collateral. gold 5s, 20
DID, 20 asked: Central consolidated mort
gage per cent. coupons, January and
July maturity, 1913 bid. asked; Savan-
nah and Western railroad per cent. trust
certificates, "a bid, IS asked; Savannah,
Amerlcus and Montgomery per cent. IS
hld, % asked; Georgia railroad per cent.
1910, bid, ITO asked: Georgia Southern
and Florida first mortgage per cent SO
bid 20 asked; Montgomery and Eufaula
Irst mortgage 6 per cent, Endorsed by
central TallIOdQ, luZ Dl0, lO3 asked; Au-
gusta and Knoxville first mortgage Z per
cent, IS bid, 100 asked: Ocean Steamship
per cent. due 1920. 97ia bid, 9SIz asked;
Columbus and Rome first mortgage bonds
Endorsed by Central railroad, bid. 43
asked Columbus and Western 6 per cent.
guaranteed, 10 bid 112 asked; City and SUI
6pre 93 railway first mortgage Z per cent.
per cent, Endorsed, Is bid, % asked; Elec-
trio railway first mortgage 6s, 80 bid, Al
asked; South Georgia and Florida first
"a 90 aglya a.
South Georgia and Florida second mort
gage, l05 bid, JOG asked South Bound Rail
road 5s. Endorsed, "A bid. 76 asked; Ala
bama Midland, - bid. 81 asked; Brunswick
and Western As, guaranteed, 70 asked.
Railroad Stocks-Central common, liz
bid, 1914 asked; Augusta and Savannah
Georgia, common, 157 bid, 1853 asked: South
western per cent, guaranteed, including
order for div. 60 bid. G7is asked; Central 6
faulted interest, 16 bid, II asked; Atlanta
and West Point railroad stock, SO bid. "a
asked; Atlanta and West Point per cent
certificates, 95Ia bid. 961s asked.
Bank Stocks, Etc--Cltlzens Bank. 1O3
bid, 10i asked; Chatham Bank As bid 40
asked; Germania Bank. 1903 bid. 10i
asked: Merchants National Bank 9Sib bid
100 asked; National Bank of Savannah, l33
bid 1873 asked OglethoTpe Savings and Trust
Company 100 bid 101 asked; Southern Bank
of the State of Georgia. 1874 bid, 165 asked;
Savannah Bank and Trust Company, 105
bid, log asked Chatham Real Estate and
Improvement Company, sly bid 53la asked;
Savannah Construction Company, "a bid,
III asked: Title Guarantee and Loan Com,
pany, 80 bid, asked; Brush Electric
Light and Power Company 55% bid 56ls
asked; Savannah Gas Light Company, 20
New York, May 9.-Money on call was
easy at ~ per cent; the last loan was
at 1ls per cent. and at the closing was
tile paper, Siz64 per cept. Bar silver.
66%c. Sterling exchange weak, with act
ual business in bankers bills, at A.SG2.q
4S7 for sixty days and $4.s794 n4.sS for de-
mand. Posted rates, s4.s7@4.SS1a. Com
mercial bills 81. $685. S6ls Government bonds
strong State bonds firm. Railroad bonds
were buoyant. Silver at the board was
New New York, May s-The treasury bal
ances were as follows: Coin, So, 316,OO0;
New tyH' York, May 9, noon.-Erie. l21k;
Northwestern. 971s: do preferred. 14l9
Lake Shore, 1917; Norfolk and Western
preferred, II; Western Union. w; southern
preferred, 39% American Sugar, 114ss;
baltimore and Ohio. 50; Canada Southern,
5S34; ST. Paul, 659s; Rock Island, 6S2s;
Lackawanna and Western, 1603s: Manhat-
tan, lis; Michigan Central, 100; New York
Central, 1894.
the stock market were out in full force
again to-day, but except in sugar their
efforts were for naught. At the open
ing London and commission houses naI
orders to buy. in some cases little be-
low the figures prevailing at the time
mentioned. Later on, this confidence.
expressed by the foreigners brought
e6pi't a radical change in sentiment on
the part of local traders not in touch with
London and the continent, and there was
a grand rush to cover. The A. Anthracite
and under heavy purchases advanced
anywhere from u TO 27s per cent, New
Jersey Central scoring the largest gain.
Reading had passed to Jersey Central,
but interviews with the leading officials
of the New York company, said TO be
interested in the deal, failed to confirm
the report Another interesting rumor
was to the effect that the Western Union
and the various telephone companies had
made important agreements. People in
a position to know could not confirm the
report but nevertheless, Western Union
rose to and closed at %, on transactions
of 20 100 shares. Pacific Mail was again
prominent and sold up 70 2SA. 1t is an
nounced that J. Edward Simmons of the
Fourth National Bank, OF this city, has
succeed Gen. John Newton. The low-priced
issues were all higher. Louisville. New
Albany and Chicago. wheeling and Lake
Erie, Missouri Pacific, Chesapeake and
Ohio. Canada Southern, Atchison, Cotton
Oil Lead Linseed Oil, Starch. Mobile and
Ohio. Erie, New England. Northern Pa
tlfie IeH9s r2r ~ 1 mon "a S anu
rate. Sugar RANCID between 1i3A and
l152s, and left Off ct 114l4 against 1143s
5000 shares n1GSs Leasrpr. Tobacco nd Dis
filters were fire. nd Chicaro Gas was
rather quiet In he closing dealings the !
excitement abated. except in Western /
Union, which continued in request. The /
total sales were 446.750 shares. the largest |
total yet reported Net changes show !
gains of u to 25s per cent. Western Union I
leading. The demand for bonds continues |
active and the tone of the market bouy- |
ant. Sales aggregated S4,51S,0C0. against |
81. $4,000 Yesterday The sales of listed |
stocks aggregated $4,000; unlisted, $1,000 /