The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-02-05
Stock on hand and on ship.
FINANCIAL.


Money-Steady.
Foreign Exchange-The market was
steady. The following are net Sa-
vannah quotations: Commercial demand.
S4S7l4; sixty days, $S5A, ninety days,
S4s6; francs, Paris and Havre, sixty
days. $500; Swiss sixty days. $5.217s;
marks, sixty days, "a LIS.
Domestic EXchange-The tone of the
market Is quiet. Banks are buying at
par and selling at lilo per cent premium
for amounts to $1,000 and over.
Securities-There is but little doing in
market, but offerings are light and quo
tatiOns in many instances nominal.
Stocks and Bonds-State Bonds-Geor-
gia, 49, per cent. bonds of 1880. 1O1 bid.
1919 asked; Georgia 315 per cents, due 1915
lO2 bid, 1924 asked; Georgia, AZ per cent
Smiths. maturity 1896, 1O1 bid. 1919 asked;
South Carolina AIS, l07 bid, los asked
City Bonds-Atlanta per cent, 107 bid,
los asked; Augusta 41as, 1925, 105 bid, 1O6
asked: Augusta per cent. III bid BID ii2 5
asked; Columbus 5 per cent, 10S bid, 104
asked; Macon per cent. 1l6 bid
terly April coupons. 1oS3s bid, = asked;
c COUPONS PoS 1CS bid. ioSil asked; Charles.
ton As, IS bid, SO asked
Railroad Bonds-Savannah. Florida and
Western railroad general mortgage bonds,
6 per cent. interest coupons, liz bid, 1l3
asked; Atlantic and Gulf first MORTGAGE
consolidated per cent tdat coupons; January
Central Railroad and Banking Company
collateral gold IS, 80 bid, So asked; Cen
trail of Georgia Railway first mortgage
IS, 1915. 100 bid Ill asked: Central Of
Georgia Railway consolidated IS, 5O-year
gold bonds, 81 bid, SS15 asked; Central of
so bid, 80 asked when issued:
Central of Georgia Railway sec
ond preferred incomes. Is bid,
IS asked when issued; Central OF
Georgia Railway third preferred llcomes,
13 asked when issued; Georgia railroad
IS. 1910. Ill bid. 112 asked: Charlotte. Col
= md fret &c ID Ta1
asked; Charlotte, Columbia and Angus
ia second mortgage rs, III bid, lib asked;
Georgia Southern and Florida new s. "a
bid, "a asked; south Georgia and Florida
first mortgage rs, log bid = asked; South
Georgia and Florida second mortgage Is,
105 bio, - asked; savannah, Americus and
Montgomery 5s. 40 bid, 81 asked; Ocean
81 asked City and Suburban railroad DAD
| first mortgage per cent. bonds, 761b bid
| 70 asked Electric Railway IS, due 1885
| "a bid, 80 asked; Alabama Midland per
cent. Endorsed. = bid. 80 asked: Bruins
South Bound railroad IS, - bid. rs asked:
Southern Railway IS, 80 bid, 81 asked
nd 8irG 49, Sd sskeS and 6eTn
common. 10 bid. p asked; Georgia com
mon, us bid. 17S asked. Southwestern, 92ik
Point railroad stock, 90 bid, io1 asked;
| Atlanta and West Point per cent
certificates, 80 bid. 100 asked: Savannah
22ls bid 291a asked; Electric Light
and Power Company; : BID 693a asked.
1903 Ga bid. 1llIs asked; Chatham Bank.
| 49A bid. so asked Germania Bank
1O7 bid 1oS asked SeSI; Merchants National
| Of Savannah, 100 bid, 1872 asked; Oglethorpe
| Savings and Trust Company, 1882 bid, 1O41k
asked s9 1Sd Sid G Ss asked Gf state Of
nah Sank and Trust Company, los bid
i it7'i asked Chatham Real Estate
| and Improvement Company, A 53K hid
544 asked; B, 5Ols bid, 5lA asked !;
| Title Guarantee and Loan Company, So
| ~ Factory Bonds-Augusta Factory &c
| 1921 bid, 1O4 asked; Sibley Factory Is, 100
! hid 1O1 asked; Enterprise Factory 6s' los
| bid 100 asked; Eagle and Phenix Manu-
featuring Company, per cent. bonds 80
Oi FACTORY Stocks-Savannah Cotton Fac
| tory 60 bid, GA asked; Eagle and Phoenix
A AuFusta Factory, II BID 50 asked; Gran
| iteVille Factory, 1855 bid, 1853 asked; Lang
| lev Factory, los bid. ITO asked Enter
| T. p King Manufacturing Co., los bid, no
| asked; Sibley Manufacturing Company,
50 bid, SO asked; Savannah Brewing Com
! New York, Feb. 4.-Money on call was
fairly active at sal per cent; the last
loan was at per cent, and at ui the clos
| camille paper, 6Q7 per cent.
Bar silver, STAG
|
ness in bankers bills, at $4.S6AQ4.S7 for
| sixty days and $4.S7a4Q4SS for demand.
| Posted rates, 4.S7G4SS12. Commercial bills,
Government bonds were higher; rail-
road bonds were firm; state bonds were
| dull.
! New York, Feb. 4.-The treasury ball
ances were as follows Coin, $94, 205, $50;
currency, $S2,S79,s19.
New York, Feb. 4, noon.-Erie, 1912;
Northwestern, 1905; do preferred, AS; Lake
| Shore IA; Norfolk and Western pre-
ferred. s; Western Union, S3A South
| 3O1s; American Sugar, 107A; Baltimore and
| Ohio, Al; Canada Southern, 49, st. Paul,
IS; Rock Island, 7O5s; Delaware and Hud-
son, 1875; Delaware, Lackawanna and
| Western, 1884,; Manhattan, 1861; Michi-
gan Central, SO; New York Central. 971a
New York, Feb. Avail street operators
! to-day took a more cheerful view of the
| situation than for some time. The news
from reliable sources that the government
loan will be largely over-subscribed and
that, too, at prices considerably above
| those named by the Morgan syndicate,
! impaired greater confidence in financial
| circles and led to free buying of securities.
| In addition to this there was the highly
| encouraging report of the St Paul road
| for the fourth week of January, showing
| an increase in earnings of $168, 600, as COM
| pared with 1895. The Rock Island state
| ment with its gain of nearly $4,000 for
| the month of January was also better
| than expected. AS exchange continued to
day. and the indications are that consid-
! cradle gold will be imported to pay for
| foreign subscriptions to the government
| loan. the bulls had pretty much every
thing their own way. That the market
| had great inherent strength was plainly
| attested by the way in which It took the
| break of nearly four points in Missouri
| PACING This stock fell from 241s to 2024
on rumors that a receiver was about to be
applied for and that Russell Sage and
| George Gould were al loggerheads. These
stories were promptly denied in most en-
nhatic terms by the operators named and
| HE stock rallied to 1885. While it was on
| the down grade the general list held re-
| mar-kabl firm, only fractional declines
| having been recorded outside of General
| Electric. which ran off rs per cent. At
| the afternoon session speculation devel-
| oned still greater strength and sharp adj
Vances were recorded right through the
list. There was a brisk demand for. the
| shorts and a hvelier inquiry for the long
| account. The improvement was equal to
| HG3ls per cent. United States Leather,
| nreferred, rose 31s; Sugar 2ls; st. Paul,
| Rock island and Consolidated Gas, 2;
| Northwest, Burlington and Quincy and
and Hudson. l5a. Louisville and