The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-11-02
FINANCIAL.


Money is easy; demand fair
The bank clearances for the week were
s.. 4SS. 79094. against S. 10 for the same
week last year.
Foreign Exchange-The market was
firm. The following are net Savannah
quotations.. Commercial, demand, Sl.S1;
sixty days, Sassy; ninety days. $S6;
S5.20ss: Swiss. sixty days, S5.Hss, marks.
sixty days, 943s.
Domestic EXchange-The tone of the
market is steady. Banks are buying at
Is per cent. discount and selling up TO SIS
] at l0c premium; SIS 10 500, l5c; $50 to $780,
zoe; 500 70 Say,, 25c; over 500 at par.
Sccurities-The market is fair and &C
tive demand for Southwestern and Angus
IA and Savannah stocks, and junior secu-
rites of Central of Georgia Railway Com
pany Brewing Company stock is weak
stocks ana BomuS.-State B0nds-tie Orgla
31z per cent. bonds, of 1880. l02 bid. 1928
asked; Georgia 81 per cents, due 1910,
bonds 1919 Us bid ll6 asked; Georgia
Smiths, maturity 1856. 1872 bid, l05 asked
south Carolina 452s, lJo BAD, los asked.
City Ronds-Atianta per cent, lO7 bid,
- asked Anguish 4lss, 1875 lo5 bid, log
asked; Augusta Z per cent, ia bid, ll5
asked; Augusta per ce1t., 40 bid. III
asked; Columbus per cent, l03 bid. 10i
asked; Macon per cent, ll5la bid. 116ia
asked; Savannah per cent, quarterly
January coupons. lUa2 bid asked; Sa-
vannah per cent. quarterly February
coupons, 1904 bid, -- asked Charleston
is 81 ulu, so asked.
Western railroad general mortgage bonds,
Sc Der cent. interest coupons, ll5 bid. ll6
asked; Atlantic and Cuff first mortgage,
consolidated per cent. coupons, January
[ and JulN maturity, 1881, 1912 bid. lt04 ask
I ed: Central consolidated Mortgage per
cont, 12ii2 bid, r asked; Central Railroad
/ and Banking Company, collateral gold, js
I " bid. - asked, Georgia railroad IS. 1919. 1lZ
/ bid. 1i3 asked; Charlotte, Columbia ana
Augusta INST os, - 4ld; lJaz3 asked;
rnurtgage is lIo4a bra. no asA1u; MOntsom-
cry and Eufaula first mortgage Endorsed
per cent, us bid, ll6 asked;
bid, 80 asked. Georgia Southern and
,forlda 5s, 10 biu, llJ asked; savannah
and Atlantic IS, Endorsed, 30 BID, asked.
South Georgia and Florida first mortgage
IS los bid, lUy asked; South Georgia and
Florida second mortgage is. lJl bid.
asked; Savannah ana Western SIS, trust
certificates, indorsed by Central railroad
Ga bid. 30 asked Savannah, Amcrlcus
and Montgomery So, 49la bid, J0l2 asked;
Ocean steamship per cent. bonds, 1920
! g, Ilt asas.Net: Coiu nous ana Rome hist
indorsed Gs, - bid, 81 asked; Columbus and
Western g per cent. hrsts, guaranteed, llJ
bid, asked; Augusta am Knoxville rail-
road per cent. hrst mortgage bonds. lzJla
bid, ~ asked; City and suburban rail-
/ rOad Irsl NOR rage per cent bonds -
/ bid. 81 asked; Electric Hallway 5s, due 1885.
| ~ Oiu, - asked; Aia Dania AllQiand . per
1 cent inGorsed, 95 bid. 81 asked: Bruins
! wick and Western IS, 70 bid, "A asked;
| South Bound railroad ls, rs bid, rs asked.
Railroad Stocks-Augusta and Savan-
/ nah soy bid, asked; Central common,
80. na. 1a- askru e,ecr il common. "a
bid. 40 asked; Southwestern, 9jl5 BID 97lA
asked; Central . per cent. certificates
za1s bid. z4H asked; Atlanta ana Aie.t
/ Point Railroad stock, 100 bid, 101 asked;
/ Atlanta and West Point G per cent. GER
/ tiiicates, 100 bid, lO1 asked
Gas Stocks-sayannah Gaslight stock,
| 2Ol9 bid. q asked; Electric Light and Pow
/ er Company. 63ls bid, 6fiA asked.
Bank stocks, Etc.-Citizens' Bank, 40
/ bid, III asked Chatham Bank 80 bid,
] ..
/ bid 1857 asked, National Bank OF Sa-
! Savings and Trust Company, iOl bid, iJils
/ asked; Southern Bank OF the state OF
\ Georeia, 1917 Did, lb5la asked Savannah
Bank and Trust Company, 100 bid, 10 ask
! ed Chatham Real rs ate and Improve
ment Company, a, 90 bid, 5Sh asked; y,
.4l2 BID, 5ih asked Sayannan conslrue-
/ ton Company, 1Sis bid, 79i5 asked Title
Guarantee ana Loun Company, 80 bid, 9j
asked.
| 103 bid, l04 asked; Sibley Factory IS, l02
/ bid l03 asked. Enterprise Factory 6s, l02
| bid 10i asked; Eagle and Phoenix Manu-
/ featuring Company per cent bonds, So
Factory stocks-savannah cotton Fac
\ tory 62 bid, C5 asked: Eagle and Phoenix
! Augusta Factory, Is bid. 45 asked; Gran
/ iteVille Factory, l5S bid, 100 asked; Langley
| Factory, JOG bid, Jos asked; Enterprise
/ Factory, common, 81 bid, 100 asked; J. L.
/ King Manufacturing Company. l06 bid, luS
/ asked; Sibley Manulac turing Company,
/ II bid, so asked; Savannah Brewing Com
pany, 50 bid, 6Jl2 ask I'd.
/ New York, Nov. 1.-Money on call was
! easy at 202i2 per cent; the last loan was
/ at per cent, ana at the closing wa
offered at ? per cent. PPiTne mercantile
| paper, 5@5h per cent.
Bar silver, 67ssc
! Sterling exchange firm, with actual
! business in bankers blls at $.S7s4GiASS
for sixty days, and 4.SsAM4S9 for de-
mand. Posted rates, $lSSlaa4ssl2; com
mercial bills, $tS6&f04SlA. sf
Government bonds steady; state bonds
We're quiet; railroad bonds were easier.
! Silver at the board was neglected.
New York Nov. 1.-The treasury bal
ances We're as follows: Coin SIS, GA, 9S5;
currency, $96,2A,Al
New YORK, Nov 1, noon.--Erie. 12ls;
Lake shore. 10; Norfolk and Western
preferred, II; Western Union, 9las South
ern Railway common. Y; Southern Rail
gar, 1Oi: Baltimore and Ohio, 60; Canada
Southern. Sly; st. Paul, 75s; Rock Island,
75h; Delaware and Hudson 10; Delaware.
Lackawanna and Western, 165; Manhat-
tan, l06; Michigan Central, 81; New York
Central, 1904.
and professional market at the stock ex-
/ change to-day. The approaching cleo
lions and the holiday in London added to
the dullness and commission houses as
rule were complaining of the utter lack
of outside demand sun, the undertone
was decidedly firm. The frmness, in the
!
change, the selling rates being up to the
notch, and reports that the Bank Of
England had raised its price for gold, is
due entirely to the desire on the part of
operators to even up their contracts. The
big bears, IL is thought, took advantage
of the break here earlier in the week,
caused by the slump in the European
markets. and the break in electric stocks
in Philadelphia, but the smaller opera
tors have still to cover Notwithstand-
ing the stiffness of sterling exchange no
gold was taken for export, and the lead
ing bankers are rather inclined to the
belief that none will be forwarded next
week. 1t is too early. however. to make
predictions with any degree Of certainty.
Evidently the bears placed very little re-
lance in the reports of gold exports, and
whenever they could pick up stocks
without advancing prices materially, they
evened up their deals The declaration
of the regular semi annual dividend by
the Pennsylvania railroad and the spien-
did statement of tho New York Central
for the September quarter rather encour-
aged the bulls, but did not lead to i'm
portant purchases The transactions fell
So Geo shares below yesterdays total. In
oil