The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-03-21
FINANCIAL.


Domestic Exchange-The tone of the
market is steady. Banks are buying at par
and selling at "A per cent. premium from
500 to $1,000; for larger amounts, $3.50 per
Foreign Exchange-Market steady. The
following are net Savannah quotations:
$4.S7A; ninety days. Sassy; continentals.
steady; francs, Paris and Havre, sixty
days. S5.1sA; Swiss. sixty days, $50;
marks, sixty days, IS 3-16.
Securities-The market is steady. Some
demand for Southwestern stock.
State Bonds-Georgia, ~ pei cent, 1915,
1896, 104lb bid 1867 asked Georgia 3ll per
cent, long dates. 1914 bid. 1929 asked.
City Bonds-New Savannah per cent.
April coupons. 1864 bid, 1861 asked; new
Savannah per cent. May coupons, 1854
bid, 1904 asked.
Railroad Bonds-Central Railroad and
Banking Company collateral, gold 5s, 80
bid, 95 asked; Central consolidated mort
gage per cent. coupons, January and
July maturity, 122 bid, asked; Savan-
nah and Western railroad 5 per cent. trust
certificates, bid, so asked Savannah,
Americas and Montgomery per cent, AZ
bid, 40 asked; Georgia railroad per cent,
1870 100 bid, ITO asked; Georgia Southern
and Florida first mortgage 6 per cent, IS
bid, Sc asked; Montgomery and Eufaula
first mortgage s per cent, Endorsed by
gusta and Knoxville first mortgage per
cent, SO bid, 100 asked; Ocean Steamship
5 per cent, due 1920. STA bid, 9S1z asked;
Endorsed by Central railroad. bid. 40
asked; Columbus and Western per cent.
guaranteed Ill bid, 11S asked City and Su-
burban railway first mortgageI per cent,
- bid IS asked; Savannah and Atlantic
per cent, Endorsed, II bid, 20 asked: Elec-
trio railway first mortgage IS, = bid, =
asked; South Georgia and Florida first
mortgage per cent, 100 bid ITO asked !;
South Georgia and Florida second mort
gage. 1OS bid, 100 asked; Alabama Midland
= bid, 81 asked; Brunswick and Western
as guaranteed, ~ asked
Railroad Stocks-Central, common, IL
bid, 151s asked; Augusta and Savannah z
per cent, guaranteed, 70 bid, 81 asked
Georgia, common, 157 bid. 1853 asked; South
western per cent, guaranteed, including
order for div 5Oh bid; z asked: G Ger raj
faulted interest, 16 bid, IS asked; Atlanta
and West Point railroad stock, 81 bid, 80
cent. certificates, 80 bid, "a asked.
Bank Stocks Etc.-Citizens Bank,
1917 bid. 1924 asked; Chatham Bank,
io21z bid BID 10s asked; Merchants National
Bank, 81 bid, SO asked; National Bank
of Savannah, 1S1 bid asked;
SO bid, 100 asked; Southern Bank of the
State of Georgia, 164 bid, 165 asked Savan-
nah Bank and Trust Company, l05 bid. LOG
asked; Chatham Real Estate and Improve
ment Company, 81 bid, 50 asked; Savan-
nah Construction Company, 76ls bid, Is
asked; Title Guarantee and Loan Com
pany, n bid, 70. ex-dividend, asked.
New York, March 0.-Money on call
was firm at 2d3 per cent: the last
loan was at per cent, and at the clos
ing was offered at 2 per cent. Prime
mercantile paper, Az per cent.
Bar silver, 63ssc 80,
Sterling exchange easier. with actual
business in bankers bills at 81. S7$4 "A 50
FOR sixtv days and S4.S9d4S9A for demand.
Posted rates, $4.S812q4SO. Commercial
bills, 81 S61aQ4.S7A.
Government bonds strong; STATE ponds
were dull: railroad bonds were active and
higher. 800 -. e..
bid. "a ,,L. .-oa-,,r,, hal
ances were as follows: Coin, SS5 $4,000
currency, $40 49,, 900 ~. n.
New York. March 90 noon.-Erie, 3;
Northwestern. go; do preferred, l5f; Lake
shore 137K: Norfolk and Western, pre-
faIred IA: Western Union, S8; Southern
railway. cSmmon.. ia; do, preferred,
S4T: American Sugar. 81; Baltimore ana
Ohio. 54lk: Canada. Southern, 49#' 81
paul 81; Rock Island, "a; Delaware and
Hudsoe 1924; Delaware, Lackaw anna
and Western, 1915; Manhattan lOo7s'
Michigan Central, 80 -.
New York March 20.-The upward ten
dencv of prices at the Stock Exchange
was checked by realizations, but stil at
the end of the day quite number OF
the prominent issues showed gains. Inc
feature of the trading continues 70 De
the inquiry for the low-priced STOCKS;
such as the Bituminous Coalers, General
Electric Southern Railway, common anu
preferred and Chesapeake and ONO
The rise in the two last named was cen
erallv ascrfbed to people identified with
the REORGANIZATION of the properties. me