The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-04-12
FINANCIAL.

Money is steady with fair demand.
Domestic EXchange-The tone of the
market is steady. Banks are buying at par
and selling at Is per cent. premium.
Foreign EXchange-Market firm. The
following are net Savannah quotations:
Commercial demand, Si8S4, sixty days,
Si.SI$l; ninety days, S4.S6i2; continentals,
steady; francs, Paris and Havre, sixty
days, $5;lSA Swiss. sixty days $50;
securities-The market is steady but
dull.
ll4A bid, ll51s asked; Georgia z per cent.
1896, 104 bid 105 asked; Georgia Sla per
cent, long dates. 1919 bid. 1929 asked
City Bonds-New savannah per cent.
July coupons, 105A bid, 1861 asked; new
Savannah, per cent. May coupons, 1862
Railroad Bonds-CentraI Railroad and
Banking Company collateral. gold 5s, W
bid, % asked; Central consolidated mort
gage Z per cent. coupons, January and
July maturity. 122 bid, asked; Savan-
nah and Western railroad per cent. trust
certificates, 81 bid, SO asked; Savannah,
Americus and Montgomery per cent, 43la
bid, 1917 asked Georgia railroad per cent,
1910, bid. 10 asked; Georgia Southern
and Florida first mortgage per cent, 87i2
bid, SSla asked; Montgomery and Eufaula
first mortgage q per cent, Endorsed by
Central railroad, 100 bid, l0l asked; Au-
gusta and Knoxville first mortgage per
cent - bid, 100 asked: Ocean Steamship
per cent, due 1920. 91ls bid, 9815 asked /;
Columbus and Rome first mortgage bonds,
Endorsed by Central railroad. bid, AZ
asked: Columbus and Western per cent.
guaranteed, 10 bid. 112 asked; City and Su-
burban railway first mortgage per cent,
- bid IS asked; Savannah and Atlantic 5
per cent, Endorsed, 10 bid, % asked; Elec-
trio railway first mortgage 6s. = bid, -
asked South Georgia and Florida first
mortgage per cent, 100 bid, 10 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, II
bid, l2lR asked; Augusta and Savannah Z
per cent, guaranteed, rs bid, 50 asked;
Georgia. common, 1877 bid. 159 asked South
western per cent. guaranteed. including
order for div, 6s12 bid 69i2 asked Central
faulted interest. 10 bid l712 asked; Atlanta
and West Point railroad stock, 80 bid 80
asked; Atlanta and Vest Point per
cent. certificates, 9412 bid 9512 asked.
Rank Stocks Etc.-Citizens Bank,
1OS bid. 1872 asked; Chatham Bank
as bid, 46 asked; Germania Bank
1921 bid 1884, asked; Merchants National
Bank 9s1a bid, 100 asked; National Bank
of Savannah, 131 bid, asked;
Oglethorpe Savings and Trust Company
IS bid. 100 asked; Southern Bank of the
State Of Georgia, 1854 bid, 165 asked Savan-
nah Bank and Trust Company, 1916 bid. los
asked; Chatham Real Estate and Improve
ment COMPANY, 81 bid, s. asked; Savan-
nah Construction Company, = bid, 70
asked: Title Guarantee and Loan Com
pany, n bid, 70 asked; Brush Electric
Light and Power Company, SO bid, 81 ask
New York, April I-Money on call was
easy at 1l5G2]a per cent; the last loan was
at per cent. and at the closing was Of
fered at per cent. Prime mercantile pa
per, 41zq5 per cent.
Bar silver, 66lAc.
business in bankers bills, $4.SSA@4.8S1a for
60 DAYS and 81 S914 al. S912 for demand. Post
ed rates, $4.SS14G4.90; commercial bills,
$i; S n 1,grt bonds firm: state bonds
were firm; railroad bonds were active and
higher. Silver at the board was 67ls.
MsE York A 52 do P ppeferred lss
Lake Shore. 1891; Norfolk and Western,
preferred, Il; Western Union, SIS; South
ern Railway, common, IFS; Southern Ra al
Wav. preferred, 331s; American Sugar, 1O3;
Baltimore and Ohio, So; Canada southern,
51A; St. Paul. 5S1s; Rock Island, 6i; Del
aware and Hudson, l25@s; Delaware; Lack
awanna and Western. l61; Manhattan.
lily; Michigan Central. 979s; New York
New YORK. April 11.-Stocks were dull
to-day but the tone of the market was
strong The transactions were light
At the start the Coalers displayed weak :
ness on the report that the Reading mad
refused to submit the question OF per-
centages to arbitration. According to
good authorities the Delaware ana Hud-
son has been asked to accept reductloh
of its allotment but has refused, and in
consequence negotiations for settle
ment for the moment are at standstlll
Delaware and Hudson fell Ia 10 lz412 ara
Jersey Central q to 927s. Later on Della
ware and Hudson recovered TO l2541
125Is and Jersey Central to 99i4Q993s. Lack
awanna rose to l6O01593i. New York Cen
trail move up to ga Lake Shore to 1872 4,
and Canada Southern to 5l9s The rise
led to realizations and the advance was
lost. Michigan Central was rather weak
and fell ~ to 97d977s- Atchison was de-
cidedly strong, and on good buying moved
m to 6ss The bonds improved l9s to 2
per cent The plan of reorganization .
meeting with more favor as its provisions
arc better understood. The Grangers and
Southwestern ruled firm, but there was
no particular change in prices. Manhat-
tan was in brisk demand and advanced
nearly per cent. to 112la. The industrials
were strong for Chicago Gas, Leather.
Lead and Tobacco. Chicago Gas rose TO
73 on the repeal Of the ogden gas ordin-
ance Leather, on manipulation, sold Up
10 IA for common and 10 rs for the pre-
ferred Speculation closed firm in tone.
Net changes show gains OF kNiss per cent,
Manhattan leading. Sugar, Reading ana
General Electric lost 1sHi2 per cent. on
the day. The railway and miscellaneous
bond market was active and strong. Sales
listed stocks aggregated 5000 shares and
unlisted $1,000 shares. -
New York Stock List-clOsing Bids
Stacks and BOnds-Amoricau Cotton OIL,