The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-07-15
FINANCIAL.
Money-Steady.

FINANCIAL.
Money-Steady.
Foreign Exchange-The market was
firm. The following are net Sa-
vannah quotations: Commercial demand
A.S7%4 sixty days, $4.S64; ninety DAYS.
$4.S69s; francs, Paris and Havre, sixty
days, $5.1S; Swiss, sixty days, $5l97s;
marks, sixty days, % 1-l6.
Domestic Exchange.-Steady. Banks are
buying at u per cent. discount and selling
as follows; For amounts to S25 1Oc prem
ium; to $50, 10 cents premium; to $lOO 20
cents premium; to $500, % cents premium;
for 500 or over at par.
Securities-The market is again dull
Stocks and Bonds-State Bonds-Geor-
gia, 3lz per cent. bonds of 1880 lO1Ia bid.
1O2 asked; Georgia 3lz per cents, due 1915
1914 bid, 10l1a asked; Georgia AZ per cent
bonds, 1915, lib BID, ia asked: Georgia
4 per cent, due 1926, l09 bid, 1921 asked:
South Carolina AIS 104 bid, l05 asked
City Bonds-Atlanta per cent, los bid:
LOG asked; Augusta 4lss, 1926 1O3 bid, 1881
asked; Augusta Z per cent, 1l45z bid. If5B
asked; Columbus per cent, 1O3 bid, l04
asked; Macon per cent, 1l2Ja bid. 49,
asked; Savannah per cent. quarterly
July coupons, 1924 bid, ITO asked; Savan-
nah per cent, quarterly August coupons
1O9 bid 1O91s asked; Charleston As, 90 bid
"a asked.
Western railroad general mortgage bonds
6 per cent. interest coupons, 112 bid. ia
asked; Atlantic and Gulf first mortgage
consolidated per cent. coupons. January
asked; Central Railroad and Baniine
Company, collateral bold IS, 81 bid
9S asked; Central of Georgia
railway first mortgage S. 1945 - bid
ll2 asked Central of Georgia railway
consolidated 5s, 50-year gold bonds. $751;
bid. 1912 asked; Central of Georgia railway
first preferred incomes, : bid, 2s1z asked;
Central of Georgia railway second pre-
ferred incomes, - bid. IA asked; Cen
trail of Georgia railway third preferred in
comes, bid, 9 asked; Georgia Rail-
Charlotte, Columbia and Augusta
first IS. 1O3 bid, 1881 asked; Charlotte,
Columbia and Augusta second mortgage
Z, Ill bid, 1l2 asked; Georgia Southern
asked; South Georgia and Florida FIRST
mortgage Is, lO6 bid, asked; South
Georgia and Florida, second mortgage rs,
105 bid, asked; Savannah, fAmericus
and Montgomery 5s $50 bid, 69la asked
Ocean Steamship per cent. bonds, 1926
81 bid, SO asked City and Suburban
railroad first mortgage Z per cent bonds,
76 bid, Is asked Electric Railway So,
due 1895, = bid, % asked; Alabama Mid
land per cent. Endorsed, 921a bid, 931z ask
ed; Brunswick and Western As, - bid, rs
Is asked; Southern railway 5s, 81 bid,
SO asked; Georgia and Alabama con-
soils, 70 bid, "a asked.
Railroad stoeks-Augusta and savan-
Georgia common, 10 bid, i7s
asked; Southwestern, 30 bid, 81
asked, ex-diy; Atlanta and West Point
railroad stock, 80 bid, 100 asked; Atlanta
and West Point per cent. certiicates,'T
bid, SO asked; Savannah Construction
Company, = bid Is asked.
Gas Stocks-Savannah Gas Light stock,
221k bid, 231s asked; Electric Light and
Power Company, 60 bid, 81 asked ex-div.
Bank Stocks, Etc.-Citizens Bank, III
bid. HE asked, ex-div.; Chatham Bank,
- bid. As asked, ex-div.; Germanla Bank,
- bid, 107 asked, ex-div.; Merchants Ma
tional Bank, 92k bid, IS asked; National
Bank of Savannah, 1871 bid, 1872 asked, ex-
div; Oglethorpe Savings and Trust Com
ern Bank of State of Georgia. 1914 bid,
1881 asked, ex-div.; Savannah Bank and
Trust Company, bid, 1912 asked, ex-
div; Chatham Real Estate and Improve
ment Company, A, 53l2 bid, "a asked; B,
so bid. 5O1k asked, ev-div.; Peoples Savings
and Loan Company, 911a bid, 921z asked
Factory Bonds-Augusta Factory IS, l02
bid, 1O3 asked; Sibley Factory IS, l00 bid,
1O2 asked Enterprise Factory IS, 103 bid,
104 asked; Eagle and Phenix Manufac-
turing Company, per cent. bonds = bid.
Factory Stocks-Savannah Cotton Fac
tory, - bid so asked; Augusta Factory,
n bid, so asked, ex-div.; Graniteville Fac
tory, las bid, $50 asked; Langley Factory,
1OS bid. 10 asked; Enterprise Factory
King Manufacturing Company, los bid,
1Os asked; Sibley Manufacturing COmpa-
ny, 70 bid, Is asked; Savannah Brewing
Company, = bid. 70 asked.
London, July 14-Consols, 11S 9-16 for
money and 11S5s for the account.
New York, July H.-Money on call was
easy at 1902 per cent; the last loan was
at H. per cent and at the CLOSING was
offered at liz per cent. Prime mercanule
paper 5651b per cent. Bar silver, 6S15c:
Sterling exchange strong, with actual
business in bankers bills at $487Aq4S12
mand. Posted rates, $4.SSd4.S9; CONNER
cial bills, s4.S6l5q46 Government bonds
lower; state bonds heavy; railroad Donds
weak; silver at the board was steadier.
New York, July H.-Treasury balances
Coin, $106551. $50; currency, $S2,O@, l4S.
New York, July H. noon.-Erie, 14A;
Northwestern, 97B; preferred, 49, Lake
Shore, las; Norfolk and Western, pre-
ferred, II; Western Union, s1ss Southern
Railway, common, 81; Southern Railway,
preferred, 23B; American sugar, lOS1si
Baltimore and Ohio, 171s; Canada south
ern, 45Ib; St Paul. 1874; Rock Island Sly;
Delaware and Hudson, 1221s; Delaware,
Lackawanna and Western, 155; Man
haitian, 96A; Michigan Central, 93A; New
York Central, 81. Speculation steady.
New York. July H.-Stocks were weak
and feverish throughout the session There
was considerable pressure to sell the IN
dustrials and certain of those stocks sus-
tanned serious losses The market was ad,
versely Influenced by talk of heavy gold
shipments and the further loss in the treas
ury gold reserve. According to foreign
houses the exports of the metal on Thurs
day and Saturday will be larger than gem
orally expected. The talk of a third presi-
Dental ticket to be named by the SOUND
money democrats who have refused TO ac-
cept the Chicago platform, added to the
depression. Spectators were also Impress
ed by the drop of per cent. in the new
government tours and there was discus
sion about the probable action of the ad-
ministration in case a new bond issue was
necessary. London houses bought the in