The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-03-22
FINANCIAL.

Money is steady, with fair demand.
Domestic Exchange-The tone of the
market is steady. Banks are buying a. par
and selling at u per cent premium from
500 to $1,000; for larger amounts, $3.50 per
$1,000.
Foreign Exchange-Market steady. The
following are net Savannah quotations:
Commercial demand. A.ssA; sixty days.
A.S7h ninety days, $4.S6st; continentals.
steady; francs, Paris and Havre, sixty
days. $5;B%; Swiss. sixty days, $50;
marks sixty days, IS 3-16.
Securities-The market is steady.
State Bonds-Georgia, AZ per cent, 1915,
1896, 1917 bid, 1851 asked; Georgia SI5 per
cent. long dates. 1Ol1s bid. 1O2ls asked.
City Bonds-New savannah per cent.
April coupons, 106 bid, 1861 asked; new
Savannah per cent. May coupons, 105%
bid, 1862 asked.
Railroad Bonds-Central Railroad and
bid, s. asked; Central consolidated mort
gage per cent. coupons, January and
July maturity, 122 bid asked; Savan-
nah and Western railroad per cent. trust
Americas and Montgomery per cent, AZ
bid, 40 asked; Georgia railroad per cent,
1910, 100 bid, 40 asked; Georgia Southern
and Florida first mortgage per cent, 50
bid. SO asked; Montgomery and Eufaula
first mortgage per cent, Endorsed by
gusta and Knoxville first mortgage z per
cent, SO bid, 100 asked: Ocean Steamship
5 per cent, due 1920 97i9 bid, 9S12 asked;
-.
Endorsed by Central railroad. bid, 43
asked; Columbus and Western per cent.
guaranteed, Ill bid, 113 asked; City and Su-
burban railway first mortgage I per cent,
- bid, IS asked; Savannah and Atlantic
per cent, Endorsed, II bid, % asked; Elec-
trio railway first mortgage IS, bid,
mortgage per cent, 109 bid, ITO asked;
South Georgia and Florida second mort
gage, los bid, 100 asked; Alabama Midland.
bid, 81 asked; Brunswick and Western
As, guaranteed, ~ asked.
Railroad Stocks-Central, common, IL
bid, 14la asked; Augusta and Savannah
Georgia, common. 157 bid. 159 asked; South
western per cent, guaranteed, including
order for div, II bid, z asked; Central
faulted interest, 16 bid, IS asked; Atlanta
and West Point railroad stock, 81 bid. SO
asked; Atlanta and West Point per
Bank Stocks, Etc.-Citizens Bank.
1914 bid. 1924 asked; Chatham Bank,
a.. bid, 4S asked; Germania Bank
Bank, 81 bid, 80 asked; National Bank
of Savannah, 1Sl bid, asked;
OgiethorPe Savings and Trust Company,
State of Georgia, 1854 bid, 165 asked; Savan-
nah Bank and Trust Company, los bid LOG
asked; Chatham Real Estate and Improve
ment Company, So bid, 50 asked; Savan-
nah Construction Company, 7612 bid, Is
asked; Title Guarantee and Loan Com
pany, n bid. 70, ex-dividend, asked
New York, March 21.-Money on call
was easier at 203 per cent. The last
loan was at 2 per cent, and the closing
was offered at per cent. Prime mer-
camille paper 4%d5h per cent Bar silver
6224c. Sterling exchange steady with ac-
tual business in bankers bills at $4.s71R@
4.S7sz for sixty days, and 81. S9G4. s91z for de-
mand. Posted rates, $4SSlh64so Com
mercial bills, $4.S615d4S71a Government
bonds. firm; state bonds were dull; rail-
road bonds We're active and strong. Sill
yer at the board was quoted at 6sN6Slhc
New York, March 21-The treasury bal
ances were as follows: Coin, $50 10000
New York, March 21-Noon.-Er 3:
Northwestern. 81; do preferred, 1877; Lake
Shore, lSlSs; Norfolk and Western pre-
ern Railway common, u; Southern Rail-
way preferred, 34% American Sugar. 80;
Baltimore and Ohio, 81; Canada South
ern 49, St Paul, 5715 Rock Island, 64ss:
Delaware and Hudson, 1881; Delaware,
Lackawanna and Western, 1917; Manhat-
tan. 1882; Michigan Central. 90; New
York Central, 94S
New York, March 21-The stock mar
ket during the first hour of business
showed a little irregularity. the result
of realizations and efforts of the chronic
prices London sold small amounts of
St. Paul and Louisville and Nashville.
against the market. The stock offered
was quickly absorbed. however, and when
the selling abated the market improved
rapidly. The rise which set in during
the last hour was led by the Industrials
Distilling was the special card. selling
UP to 1885 for the preferred, and 15s for the
Manhattan Company Trust Receipts. The
rise was accompanied by rumors that the
shorts will lead a lively dance before the
expiration of the time for depositing the
stock under the reorganization plan.
over $1,000 shares of the stock changed
hands. General Electric was second. in
point of activity. transactions amount
ing to A., 400 shares. The price advanced
to 35k, one operator alone buying 1000
shares The basis for the rise is found
in the reiterated statement that the an
nual report will be more favorabla than
expected Sugar was stronger than for
days past and touched 1914. The improve
n. ent was due to covering of short con-
tracts The Changers were stronger. st.
Paul selling up to 579s. Rock Island TO
64ss Burlington to 73i2 and Northwest
TO 49, The Anthracite Coalers were ir-
regular, operators not being so confident
as to the outcome Of the presidents meet
ing Jersey Central first rose from 92A to
gi1a. receded to s2N, and closed at $3.50.
Reading sold up to i03s. and declined to
gss Lackawanna sold at i6Oi5G161A, and
Delaware and Hudson at 12Snl2ss.