The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-08-28
FINANCIAL.

sixty Jays, $4.ol4. ninety days, $i6l5;
francs Paris and Havre sixty days, S5.1Sz;
IS 3-l6
Domestic Exchange.-The tone Of the
market is steady. Banks are buying at
IS per cent. discount and selling at par to
Is per cent premium.
Securities-,The market is quiet and firm
- stocks and Bonds-State Bonds-Georgia
SO per cent. bonds, of 1890, 1919 bid. 1O21z
asked; Georgia 315 per cents due 1915,
iolA bid; l02l4 asked; Georgia AZ per cent.
Smiths, maturity 1885, 1903 bid, 104 asked;
South Carolina AS 1O7 bid, 1OSis asked
City Bonds-Atlanta per cent, los bid,
- asked Augusta per cent, III bid, III
asked; Augusta per cent, 100 bid Ito
asked; Columbus per cent, 101i5 bid
Mi ye asked; Macon 6 per cent, ll4l2 bid,
October coupons 1913 bid, asked; Sa-
vannah 5 per cent, quarterly November
coupons, lO11s bid, = asked; Charleston As,
Railroad Bonds-Savannah, Florida ana
western railroad general mortgage bonds,
. per cent interest coupons, 1l5is bid M
asked; Atlantic and Gulf first mortgage.
consolidated per cent coupons, january
and July maturity. 1897, 104 bid, 105 asked;
0entral consolidated mortgage per cent,
coupons, January and July maturity, 1898,
10 bid, - asked; Central Railroad and
Banking Company collateral gold IS, "a
bid, 100 asked; Georgia railroad 6s 1910 IN
bid, l13 asked; Charlotte Columbia and
Augusta second mortga sc, rs bid. lie
asked; Montgomery and Eufaula first
10 asked; Georgia Southern and FLORIDA
first mortgage 6 per cent. trust receipts
100 bid, JOG asked; Savannah and Atlantici
5s, indorsed, 30 bid. - asked; South C;eor-
gia and Florida second mortgage log bid
= asked; Savannah and Western IS. trust
certificates, Endorsed by Central railroad,
62 bid, asked; Savannah, Americas
and Montgomery 6s, 81 bid, 50 asked;
Ocean Steamship per cent. bonds, 1920
% bid, 80 asked; Columbus and Rome first
Endorsed Us, 80 bid, 80 asked; Columbus and
western
bid, lis asked; Augusta and Knoxville
railroad per cent. first mortgage bonds,
road hrst mortgage per cent. bonds, so
bid, 81 asked; Electric Railway bonds 20
bid, % asked; Alabama Midland per
cent, SO bid, 80 asked; Brunswick and
Western As, Y asked.
Railroad Stocks-Augusta and Savan-
nah per cent. guaranteed, 50 bid. 81
asked; Central common, Is bid, 14ia asked;
Georgia common, 167 bid 1863 asked; South
western per cent. guaranteed. S6S4 bid,
S715 asked; Central per cent. certificates,
22l2 bid, % asked; Atlanta and West Point
railroad stock, 971a bid. IS asked; Atlanta
ana West Point per cent. certificates, 9S
bid, 1872 asked.
20 bid. 2ls asked; Electric Light and Pow
er Company, So bid, 60 asked.
Bank Stocks, Etc.-Citizens Bank. 1857
bid, 1861 asked; Chatham Bank, 4s19 bid,
49A asked; Germania Bank, 105 bid, 106
asked; Merchants, National Bank, 101h
bid; iCS1s asked ed; N Ma Bank Of sa,
Savings and Trust Company l0l bid, iO2
asked; Southern Bank of the State of
Georgia l6l bid, l66 asked; Savannah Bank
and Trust Company, los bid, 107 asked;
Chatham Real Estate and Improvement
Company, A, SO bid, 5S1a asked; b. 81 bid,
Sly asked Savannah Construction Com
pany, Is bid. : asked; Title Guarantee and
Loan Company, SO bid, - asked.
Factory Bonds-Augusta Factory, 6s,
bid, 1O2 asked; Enterprise Factory. 6s, 1O2la
bid, 1872 asked; Eagle and Phoenix Manu-
featuring Company per cent. bonds, 81
bid, 80 asked
Factory Stocks-Savannah Cotton Fac
tory. s. bid, IS asked Eagle and Phoenix
Manufacturing Company, 201z asked; Au-
vile Factory, $50 bid, - asked; Langley
Factory, 104 bid, 105 asked; Enterprise
Factory, common, 50 bid, SO asked; J. z.
King Manufacturing Company, 100 bid 1913
asked; Sibley Manufacturing Company,
"A bid, 76 asked; Savannah Brewing Com
pany 81 bid. 94l5 asked.
London, Aug. H.--Bar silver, 30l2d.
New York, Aug. 27.-Money on call was
easy at per cent. the last loan was at
per cent, and at the closing was offered
at per cent. Prime mercantile paper, Az
AZ per cent.
Bar silver. 66Ac.
Sterling Exchange steady, with actual
business in bankers bills at A.SS1sG4SSA
for sixty days and $4.S91zG14S9Sl for de-
mand. Posted rates, $4.S9q4.90; CONNER
cial bills, $4.S71kq4. 8SA:
Government bonds higher; state bonds
active and higher.
Silver at the board was neglected
New York, Aug. N.-Treasury balances
were as follows: Coin, $9O,2l5,OO0; curren-
cy, SIS, $40, 900.
New York, Aug. 81, noon-Erie, 1OA;
Northwestern, 1041R do preferred, 1854
preferred, IAN; Western Union, s47s South
ern Railway, common, 1874; Southern Rail-
way preferred, AS; American Sugar,
Southern, Sc; st. Paul, rs; Rock Island,
1914; Delaware and Hudson, 13lA; Della
ware, Lackawanna and Western, 1853; Man
York Central. 1903.
New York, Aug. N.-Speculation at the
Stock Exchange broadened considerably
to-day, the sales Of stocks. footing up
305,565 shares, while the dealings in rail-
way and miscellaneous bonds aggregated
the enormous total of s4,O33,OO0. The mar,
ket in all departments was characterized
by strength. The new government tours,
which have felt the influence of foreign
foundations were bid BID up to l28A, with
ket proper, the Changers were easily the
leaders. These issues were strong and in
demand from start to finish, and on large
buying st. Paul rose IA to 76A; North
west, q. to 1O6h; Burlington and Quin-
ey, to 80; Rock Island, IA to S41s Omaha,
" to Az, and Illinois Central to l04.
All the best prices for a long time past.
London was in the market for these stocks
as well as for Louisville and Nashville,
Wabash and Northern Pacific, preferred,
Erie, Southern Railway and Denver and
Rio Grande, and estimated the foreign
purchases were 5000 shares easily. Erie
and bankrupt properties, generally, We're
quite prominent in the trailing. Erie, COM
mon, sold up IL to lOlS~ while the pre-
ferred jumped up TO p. The Morgan plan
for the reorganization was received with
great favor. both here and abroad, and
some operators, here were of the opinion
that the bulk Of the foreign buying to-
measure to me FORMULATION OF the
scheme. Northern Pacific, preferred,
bounded up 70 %. AtchisOn, rs 20 ~;
AtchiHOn preferred, tx 70 35is, and Union
Pacific, 10 49, Louisville and Nashville,
Western Union, Missouri Pacific. New
York Central Pacific Mail, Baltimore and
OHIO Big -Four General Electric and Den
yer and Rio Grande, anywhere from ~
"a per cent, ana were IA demand a. rne
EstsIaaf r4Hra ffuhnrnu rose al. ~ 90.