The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-03-12
FINANCIAL,
Monev-Steadv

water. 5OQS0c Stock at mills, about ii0-
100 bushels.
FINANCIAL.
Money-steady
Foreign. Exchange.-The market was
vannah quotations: Commercial demand.
SASlA; sixty days, &.S6l5; ninety days
S4,S6h; francs. Paris and Havre, sixty
| days, S5.l99s; Swiss Sixty days $5.2ll
marks, sixty days, "a 1916.
Domestic Exchange.-The tone or the
market is quiet Banks are buying at
for amounts 70 $1,000 and over
Securities-The market is quiet and
steady at quotations, and but very little
Stocks and Bonds-state Bonds-Geor-
| gia, 3l2 per cent. bonds of 1880. lO11s bid,
10116 bid. 1O2l5 asked; Georgia Az per cent.
| bonds, 1915, 114& bid, 115A asked; Georgia
Smiths, maturity, 1886, 10l bid, 1914 asked;
City Bonds-Atlanta per cent 1O7 bid.
| 1OS asked; Augusta 45s, 1925 los bid, 1O6
asked; August per cent. 111lA bid, 112la
| asked; Augusta 8 per cent, 1l2 bid, lis
asked; Columbus 5 per cent. 163 bid, lO4
asked; Macon per cent. 116 bid,
" A afa ooupons ios b e[ cen ssked sa
COUPONS, ieg bid. io9% asked; g Charleston
Railroad Bonds-savannah Florida and
Western railroad general mortgage bonds.
pei, cent. interest coupons. 111a bid. -
consolidated per cent. coupons. January
and July maturity. 1897. 1921s bid. 1881
PTSny sE collateral ent gold S. 100 bid
railway first mortgage IS. 49, s.
way consolidated IS, 50-year gold bonds.
911z bid, SO asked; Central Of Georgia rail.
way, first preferred incomes. 81 bid. 80
ISL bid III asked; Central Of
r roaG IS. 1910. IL bid, 1877 asked; char Fr
| lotte, Columbia and Augusta first IS.
los bid, 1O6 asked, Charlotte. Columbia
| 1I6 asked; Georgia Southern and Florida
new IS, IS bid, S6 asked; South Geor-
= asked South Georgia and Florida sec
| ond mortgage Is. 104 bid, - asked; Sa-
vannah, Americus and Montgomery IS.
cent bonds, 1890 100 bid, none offered; CITY
and Suburban railroad first mortgage Z
per cent. bonds, ,7e1s bid, 20 asked: Eiec.
Alabama Midland per. cent. indorsed, -
bid, 80 asked; Brunswick and Western As.
= bid. rs asked; South Bound railroad re-
- bid, 761s asked; Southern Railway 5s'
% Railroad S.fi stOcks-Augusta and savan.
mon iS5 bid 10 asked: Southwestern
90 bid, 9S1a asked; Atlanta At and West
Point ralr95a4w STOCK bo, loo BID 1o2 asked;
1iieates. 100 bid iO1 asked; Savannah C Ger
struction Company, = bid, rs asked.
,, Gas ,S asked Electric SshghS stock
Power Company, 81 bid. Ga asked.
Bank stocks .s, E5tc.- Ghdss Bank.
~ bi 3D. 90 10 asked; Germa na B Bank'
10S bid, 109 asked; Merchants National
Bank, iO2 bid, 1oS asked; National Bank OF
f6orpe Savings and Trust Company, los
bid, los asked; Southern Bank of State
Of Georgia, i7O bid, III asked; savan-
1iOib asked; Chatham Real Estate
and Improvement Company, A, 5315 bid,
81 asked; B. 81 bid, 5l1s asked:
hid. 81 asked, eX-div.
Factory Bonds-Augusta Factory 6s.
bid. 10i asked; Enterprise Factory 6s los
bid, LOG asked; Eagle and Phenix Manu-
featuring Company, per cent bonds, 50
FL Factory Stocks-Savannah Cotton Fac
tory, so bid, GA asked; Eagle and Phentx
Manufaet9ring Company n any q p BID g asked;
iteviiie Factory, 155 bid. 1853 asked; Lang
ley Factory, 107 bid, Jos asked; Enterprise
]. P. King Manufacturing. Company. los
bid, no asked; Sibley Manufacturing Com
pany, 80 bid, 81 asked; Savannah Brewing
Company, = bid. Sc asked.
London March 11-Bar silver, 81 7-16d.
Consols 1888, for both money and the ac-
count. Paris advices quote 3 per cent.
New York, March 11.-Money on call
was easy at 3@312 per cent; the last loan
was at per cent, and at the closing was
offered at 3 per cent. Prime mercantile
paper, 5Q51s per cent.
Bar silver, 6S5sc.
Sterling exchange, firm, with actual bus
mess in bankers bills at 81. S7l4 for sixty
DAYS and at $4.SSA for demand; posted
rates, "a. SSQ4S9. Commercial bills, 1850
Government bonds were easier; state
bonds were firm; railroad bonds, higher.
Silver at the board was neglected.
New York, March 1.-THE treasury bal
ances were as follows: Coin, s125, O4S, 776
currency. $685. 765, 131.
New York, March II, noon.-Erie, 1873;
Northwestern, 10319; do preferred. 145l2;
Lake Shore 146; Norfolk and Western pre-
ferred, z; Western Union, S45s; Southern
Railway, common, 912; do preferred, 301s;
American Sugar, 116; Baltimore and Ohio
16sl: Canada Southern. 50; st. Paul, n;
Rock Island, 717s; Delaware and Hudson
ern 1912 Manhattan, 1857; Michigan
Central, So; New York Central 911a. Spec
ulation firm.
that American Tobacco figured for 230.-
800 shares in a grand total of 342,5S0
shares for the entire list, it about ex-
plains the market at the stock exchange
Today. Tobacco opened at 75A, rose to
S22 reeeded to 723s and then recovered to
7S7s679 All sorts of rumors were afioat
to account for the sensational movements
in the stock and the enormous dealings.
1t was said that a movement was on
foot to settle the existing differences with
its western competitors and that the
company intended to resume DIVIDENDS
on the common at an early date. Both
of these stories met with some official
denials and later in the day the street
finally settled down to the opinion that
manipulation by people alleged to have in
side connections. One rumor was TO the
effect that a southern director Of the
company. finding the stock heavily over
c01d campaign