The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-05-09
FINANCIAL.

.,,sl ne ~ S,i Is STEADY Banks are buying par
9,gOOs over 5000 at 100 per 81 0O0.
efclelsn Exchange-Market weak The
tolloWing are net Savannah quotations:
ASles, ninety days. 4s7ss: continentals
steady; francs. Paris and Havre, sixty
GAYS. SlsA; Swiss, sixty days. $50
marks, sixty days. % 3-l6.
Securities-The market is dull and weak
er for Central issues
state Bonds-Georgia. ~ per cent 1915
10 10 pia, ITO asked; Georgia Z per cent,
ESQ lg4ia bid, lO5l2 asked; Georgia 81 per
cent, long dates. lO2 bid, l0S asked.
tity Bonds-NeW Savannah 5 per cent
July coupons, 1851 bid, = asked; New Sa-
bid, lO6e asked
Railroad Bonds-Central Railroad and
Banking Company collateral gold 5s, 80
Dla, 70 asked: Central consolidated mort
July maturity, 123 bid. - asked; Savan-
nah and Western railroad per cent. trust
certificates 81 bid, IS asked; Savannah,
Americas and Montgomery 6 per cent IS
bid. 81 asked Georgia railroad 6 per cent,
1870 : bid, 10 asked: Georgia Southern
ana Florida first mortgage 6 per cent, IS
eld, y asked; Montgomery and Eufaula
nrst mortgage per cens., Endorsed by
Central railroad. iO2 bid. i03 asked; All
gusta and Knoxville first mortgage per
cent. 80 bid, 100 asked; Ocean Steamship
> per cent due 1920, e7ia bid. 9slk asked:
Columbus and Rome first mortgage bonds,
lndorsed by Central railroad, bid. 10
asked; Columbus and Western per cent,
guaranteed, 10 bid, 1l2 asked. City and Su-
burban railway first mOrtgaS 20 I per cent,
n bid, s. asked; Savannah and Atlantic )
per cent, Endorsed, Is bid, % asked; Elec-
trio railway first mortgage 6s, 80 bid a.
asked; South Georgia and Florida first
mortgage per cont. los bid. l07 asked,
South Georgia and Florida second mort
gage, los bid JOG asked; Alabama Midland.
: bid. 81 asked: Brunswick and Western
Is, guaranteed, Y asked.
Railroad Stocks-Central common, 11ib
bid, 1919 asked: Augusta and Savannah
per cent, guaranteed, n hid 81 asked:
Georgia, common, 157 bid. l59 asked; South
western per cent. guaranteed. including
c.dor fer div.. 81 bid, 6S asked: Central
per cent. certificates. with order for de-
faulted interest, lG bid, II asked; Atlanta
and West Point railroad stock, SO bid, %
asked; Atlanta and West Point per cent.
certificates. 95i5 bid. 95ls asked.
Bank Stocks, Etc--Citizens Bank, 103
bid. 104 asked Chatham Bank. AZ bid 4Sls
asked; Germania Bank. 1903 bid, 10i
asked; Merchants National Bank. 9Sis bid,
100 asked; National Bank of Savannah, 1872
bid 1873 asked Oglethorpe Savings and Trust
Company 100 bid, 10l asked; Southern Bank
Of the State of Georgia, l64 bid, 165 asked;
Savannah Bank and Trust Company, 105
bid. LOG asked; Chatham Real Estate and
Improvement Company, 52la bid, 53l2 asked;
Savannah Construction Company, 34i2 bid,
ISL asked; Title Guarantee and Loan Com
pany, so bid, asked; Brush Electric
Light and Power Company, 5534 bid, 56la
asked; Savannah Gas Light Company, 20
bid, Fl asked.
New York. May S.-Money on call was
easy at ~ per cent; the last lO;Nl was al
IL per cent, and at the closing was Of
fered at ~ per cent.
Prime mercantile paper, S1sai per cent.
Bar silver &c.
Sterling exchange weak. with actual bus
mess in bankers bills at $4.S7l4 for sixty
days and $4.SsA for demand.
Posted rates, A.S7iaGt4S9
Commercial bills, $4.S6hd4S64.
Government bonds were strong; state
bonds were firm; railroad bonds were ac-
tive.
Silver at the Board was quiet.
New York, May s.-The treasury bal
ances were as follows: Coin. $50. S92, coo;
currency, S55,e660DO Sales of listed stocks,
$4,000 shares; unlisted, 1900 shares
New York May S.-Noon.-Erie. 12la;
Northwestern, IS; do preferred, 141ia; Lake
Shore, l44A; Norfolk and Western, pre-
feTred. l72a Western Union, 9l4s South
ern Railway. common. 145s; Southern Rail-
way, preferred, i0i2; American Sugar,
1143s; Baltimore and Ohio, IS; Canada
Southern, 81; st. Paul, s.; Rock Island,
$50 Delaware and Hudson, 1870; Delaware,
Lacl1awanna and Western, 1903 Manhat-
tan. l9A; Michigan Central, 100A; New
York Central. $685..
New York May $50 far as the trans
actions are concerned this was the ban
ner day at the stock exchange, over 422 900
shares of stock and &.743,000 bonds having
been traded in. the largest bonds trans
action of many day for years. Summing
it up, however, the market did not display
the activity which has been its chief
characteristic of late. In fact. there was
a general disposition on the part of the
traders, who turned bullish after the ad-
iournment of congress and loaded with
big lines of various stocks, to turn paper
profits into cash, and the enormous reali-
cations from this source had a tendency
a times to offset the buying for Europe
and by local commission houses.
The buying for Europe to-day was
again heavy. the foreigners taking re-
newed interest in the bond department.
Texas Pacific issues appeared TO be in best
demand and n big block of the bonds were
taken for London. The foreign purchases
are beginning to exert an influence on
Sterling Exchange and late in the day
demand bills sold as low as $i.SSAQ4.SSi5
A feature of the share speculation was the
increased demand for Chicago and Eastern
Illinois. Big Four, Canada Southern,
Michigan Central Flint and Pere Mar
Southwestern, Texas Land. Texas Pacific
and a lot of other stocks which seldom
figure in the dealings. except in times OF
unusal excitement at the exchange.
Sugar felt the influence of recent liqui-
dations and after opening a 115la fell
to 114h and closed at ll4A. Distillers
jumped to 2O5s. Chicago Gas was quiet,
traders preferring to hear from Gov.
Altgeld IN the matter of the frontage bill
before the engaging in new ventures. In
the closing hour the market was inclined
to weakness and the final transactions
as a rule showed net losses of A91A per
cent. A few stocks. however, recorded
preferred brought about 1922 against los,
the last previous price reported Railway
bonds were buoyant.
New York Stock List-Closing Bids
Stocks and Bonds-American Cotton Oil
70; do preferred. TIA; Sugar Re-
finery. 1149s do preferred, 995:
American Tobacco, 1914. do preferred.
1891; Atchison. #. and S. F., SIS; Balti-
more and Ohio, 5Si4 Canada Pacific. 81:
Chesapeake and Ohio. 21ss; Chicago and
Alton, $50; Chicago, b. and O.. 77i2; Chicago
Gas, 73% Delaware. Lackawanna and
Western, 160l5 Distillers, Cattle Feeders.
20L Erie, 12A; do preferred, &c; Edison
General Electric 3S7s; Illinois Central, "a;
Lake Erie and Western. pos: do preferred,
77Fs: Lake Shore. 1874; Louisville and Nash
Vile, 573t; Louis. and n A.. 9is; Manhat-
tan, 1851; Memphis and Charleston, 10;
Michigan Central 100; Missouri Pacific.
2s9s; Mobile and Ohio, 20i4 Nashville, Chat
tanooga and ST. Louis, 20; United States
Cordage. Z; do preferred. I01s; n. J. Cen
trail. 96i4: n. Y. Central 30; y. Y. and y. f.,
4lat; Norfolk and Western, preferred III.
Northern Pacific. as; do preferred. q;
Northwestern, 971s; do preferred l4llz; Pa
cific Mail, q; Reading, 1875; Rock Island
e77s: St Paul, ei24; do-preferred. 1888; Sill
yer Certificates. 67A; Tennessee Coal and
Iron. 237s; do do preferred, 81; Texas Pa
cif1c. 1llk; Union Pacific, Is; Wabash. St
l.. and r.. ~; do do preferred. 1Tl4 West