The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-04-03
FINANCIAL.

Money is steady, with fair demand.
Domestic EXchange-The tone of the
market is steady. Banks are buying at par
and selling al Is per cent. premium.
Foreign Exchange-Market firm. The
following are net Savannah quotations:
Commercial demand, A.SS%. sixty days,
steady; francs. Paris and Havre, sixty
days, S5.1s$4; Swiss, sixty days, $500;
marks, sixty days, 95 SIG
Securities-The markE is steady. but
dull Central issues are inclined to be
nominal; southwestern, weak.
State Bonds-Georgia, AZ per cent, 1915
1142l bid. 115k asked: Georgia per cent
1896, 104 bid, los asked: Georgia 49, per
cent. long dates. 1Ol12 bid. l021a asked
City Bonds-New Savannah . per cent.
July coupons, 1854 bid, 1O5si asked; new
savannah per cent. May coupons, 1854
bid, 1O7 asked.
Banking Company collateral. gold IS. 80
bid, 81 asked; Central consolidated mort
gage z per cent coupons, January and
nah and Western railroad per cent. trust
certificates, bid, Sc asked; Savannah.
Americus and Montgomery per cent, AZ
bid, 40 asked; Georgia railroad per cent,
1910 bid 10 asked; Georgia Southern
and Florida first mortgage per cent, 50
bid, Sc asked; Montgomery and Eufaula
first mortgage per cent, Endorsed by
Central railroad. SO bid. loo asked; Au-
gusta and Knoxville first mortgage 7 per
cent, - bid, 100 asked: Ocean Steamship
per cent, due 1920. 97ls bid 9s15 asked;
Columbus and Rome first mortgage bonds
Endorsed by Central railroad. - bid. 43
asked; Columbus and Western s per cent.
guaranteed, 40 bid, 112 asked; City and Su-
burban railway first mortgage per cent
= bid. IS asked Savannah and Atlantic
per cent. Endorsed, 10 bid. 25 asked Elec-
trio railway first mortgage 6s. - bid,
asked; South Georgia and Florida first
mortgage Z per cent, lo9 bid, 10 asked;
gage, los bid, 100 asked; Alabama Midland,
= bid 81 asked; Brunswick and Western
As, guaranteed, 70 asked.
Railroad Stocks-Central common, II
bid, 1872 asked; Augusta and Savannah
per cent, guaranteed, IS bid, 50 asked;
Georgia common l5l bid. 15s asked South
western per cent; guaranteed, including
order for div, bid, 40 asked; Central
per cent. certificates, Eith order for de-
faulted interest, 16 bid, 1715 asked; Atlanta
asked; Atlanta and West Point per
cent. certificates, SO bid, "a asked.
1929 bid, 1903 asked; Chatham Bank,
i621s bid, 1903 asked; Merchants National
Bank. SO bid, 100 "a, sske /, National Bank
oglethorpe Savings and Trust Company,
9S bid. 100 asked; Southern Bank of the
nah Bank and Trust Company. los bid. LOG
asked; Chatham Real Estate and Improve
ment Company, 81 bid, % asked; Savan-
asked; Title Guarantee and Loan Com
pany, II bid, 49, eX-dividend, asked. Brush
Electric Light and Power Co., 50 bid. 81
asked; Savannah Gas Light Co., 20 bid,
London, April Bar silver SO1Ad.
New York, April Mooney on call firm
al 21sd3 per cent; the last loan was at
30 per cent and at the closing was of
fered at 2lA per cent Prime mercantile
paper 4AQ5A per cent.
Bar silver, 667s.
sterling exchange steady with actual
business in bankers bills at $4.SSh@4SSia
for 60 days, and S4S9A04S91a for demand
Posted rates. $4.Ssq49Ola. Commercial
Government bonds were firm; state
bonds were dull; railroad bonds were
higher.
Silver at the board was quoted at 64Ac
IN New York, April 2.-The treasury bal
ances were as follows: Coin, SS6,OO0OO0;
New York. April 2,noon. Erie. 10; North
western, S2$s; do preferred 1884 Lake
Shore, 1852: Norfolk and western pre-
ferred 141s; Western Union, SS1s South
ern Railway, common. y; Southern Rail-
way preferred 1873; American Sugar, 102;
Baltimore and OHIO. 5ss4 canada south
ern 4g9z st. Paul, $50; Rock Island, 64ss;
Delaware and Hudson, 12S; Delaware,
Iacka wanna and Western, 1902; Manhat-
tan, l1O1a; Michigan Central, 80; New York
New York. April 2.-Business at the
stock exchange was less active, the sales
footing up only 164,O54 shares, the small
est total for a week past. The course OF
nrices was irregular, but the undertone
continued firm, the reactions being as
cribed to liquidauons- The decline IN Sill
Yer tended to increase realizations in
stocks which have been most pronounced
in the recent rise; the strength OF ster-
ling exchange and the delay over the
anthracite coal allotment served to curtail
trading American Sugar was the most
active stock On the list, $500 shares be
ing dealt in The stock opened at 1895
down to 1872, 1000 shares changing
hands This was followed by a decline
TO lO2 a subsequent recovery to 1O2A4lO2ss.
The decline in the stock was due to the
shutting down of the Havemeyer and
Elder refinery, and belief that other
refineries controlling the American COM
pany will also be closed until the heavy
stocks of refined are worked off. Chioa--
20 Gas Tobacco. Lead, Leather, General
Electric and Distillng were firm through
out and made slight net gains for the
day Chicago Gas was in better request
on reports that the regular dividend viii
be declared shortly. The Anthracite
Coalers were easier for Jersey Central
and Reading. quiet for Delaware and Hud-
son and Southwestern, and firm for Lack
awanna. There were TumOrs OF a hitch
in the negotiations looking to settle
ment of the allotment question. but IL
had little effect on values. The Changers
were hrm, the rains reported IN winter