The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-08-18
FINANCIAL.


torelgn EXchange-The market was
very weak. The following are net Savan-
nah quotations; Commercial demand.
A.S6i3 sixty days, S4S51a; ninety DAYS
Sass; francs, Paris and Havre, sixty days,
$5.l974 Swiss, sixty days, 1921, marks,
Domestic Exchange-Steady. Banks are
buying at par and selling as follows For
amounts to SIS, 1Oc premium; to SO l5c
premium; to 500, zoe premium; to 500. Csc
premium; from 500 up to $1,000, Il per
cent. premium; amounts over 81 900 at
$l.00 per $1,000.
Securities-The market is quiet; quota
tons irregular and nominal
Stocks and Bonds-State Bonds-Geor-
gla, 31a per cent. bonds of 1880, 10l bid, 1O2
asked; Georgia 315 per cents, due 1915, 1Ol
BID, 1O2 asked; Georgia AZ per cent. bonds,
1915, III bid, III asked; Georgia 4 per cent,
due 1926, 1O8 bid, 1922 asked; South Caro-
lima AIS 100 bid, 101 asked.
City Bonds-Atlanta per cent, 1914
pa, lO51s asked; Augusta 45as, 1925, 102Ia
oid, 1852 asked; Augusta per cent l12i@
bid, 1131s asked; Augusta per cent, liz
bid, lib asked; Columbus per cent I02
bid, 1852 asked; Macon 6 per cent, 112Ih
bid, 11415 asked; Savannah 5 per cent
quarterly October coupons, 1851 bid. I09H
asked; Savannah 5 percent, quarterly No
NemDer coupons, 1919 bid 1881 asked
Charleston As, "a bid, IS asked.
Railroad Bonds-SaVannah Florida and
Western railroad general mortgage bonds
per cent, interest coupons, - bid. 1929
asked; Atlantic and Gulf first MORTGAGE
consolidated z per cent. coupons, January
and July maturity, 1897 - bid 1O11h ask
ed; Central Railroad and Banking Com
pany, collateral gold 5s, - bid, Sc asked:
central of Georgia railway first mortgag e
os, 1915, = bid, Ill asked; Central of Geor-
gia railway, consolidated IS 5O-vear gold
bonds = bid, 81 asked; Central of Georgia
railway first preferred incomes, % bid. 24lb
asked; Central of Georgia railway second
preferred incomes. 10 bid, II asked; Central
OF Georgia railway third preferred incomes
- asked Poll &c
= bid, liz asked; Charlotte, Columbia and
Augusta first IS, - bid, 10l1b asked; Char
lottle, Columbia and Augusta second mort
gage z, - bid, 112 asked; Georgia Southern
South Georgia and Florida first mortgage
IS. bid, 1O6 asked; South Georgia
ana Florida, second mortgage rs, - bid, 105
asked; Savannah Americas and Mont
gomery, IS, - bid, 6S asked; Ocean Steam
ship per cent. bonds, 1926 - bid, SO asked;
City and Suburban railroad first mortgage
z per cent. bonds, - bid, Is asked; Electric
railway 5s, due 1885, - bid, 20 asked; Ala
Dama Midland per cent. indorsed - bid
80 asked; Brunswick and Western, As, -
bid, % asked; South Bound railroad 5s
bid, Is asked Southern railway IS, 70 bid,
so asked Georgia and Alabama 5 con-
soils, - bid, 70 asked.
Railroad Stocks-Augusta and Savan-
nah, - bid, IS asked. ex-div. Georgia
common, - bid, 161 asked; Southwestern,
"a bid IS asked, ex-div.; Atlanta and
ed; Atlanta and West Point per cent,
certificates, bid SO asked: Savannah
Construction Company, bid, 70 asked.
Gas Stocks-Savannah Gas Light stock,
20 bid, q asked, ex-div.; Electric Light
and Power Company, IS bid, 60 asked,
ex-div.
Bank Stocks, Etc.-citizens Bank, 11O1a
bid, 1111s asked, ex-div.; Chatham Bank
AZ bid, As asked, ex-div.; Germania Bank,
1861 bid, los asked, ex-div.; Merchants
National Bank, 90 bid, 80 asked: National
Bank of Savannah, 100 bid 1872 asked ex-
div; Oglethorpe Savings and Trust Com
pany 103 bid, 1912 asked, ex-div.; South
ern Bank of State of Georgia 1877 bid.
1859 asked, ex-div.; Savannah Bank and
Trust Company 1882 bid, 1912 asked,
ex-div.; Chatham Real Estate and I'm
provement Company, A, 531s bid, 81 ask
ed; B. 501a bid, 81 asked. ex-div.; Peo-
pies Savings and Loan Company, 911a bid,
921a asked.
Factory Bonds-Augusta Factory S. 1902
bid, 10S asked; Sibley Factory Is, 100 bid
102 asked Enterprise Factory IS, 1903 bid
104 asked; Eagle and Phenix Manufactur-
asked
Factory Stocks-Savannah Cotton Fac
tory, - bid, 80 asked; Augusta Factory,
n bid, so asked, ex-div.; Granite Vile Fac
tory, 145 bid, $50 asked; Langley Factory
Jos bid, 40 asked; Enterprise Factory |
common. 9S bid, 102 asked, ex-dv.; J. p !
King Manufacturing Company, 105 bid los
asked; Sibley Manufacturing Company, rs |
bid, rs asked Savannah Brewing Com |
pany, = bid, rs asked.
New York, Aug. 17.-Money on call was |
quiet at 219d6 per cent, the last loan was
a 215 per cent, and at the close was Of |
fered at 2h per cent. Mercantile paper, |
6G6lA per cent. Bar silver, &c Sterling |
exchange was weak, with actual BUSH |
ness in bankers bills at $4.S534 for sixty |
days and &S6S4 for demand. Posted rates, |
$4.S612q4S8. Commercial bills, 4S59485l4; |
government bonds were higher; state |
bonds were dull; railroad bonds strong. |
Silver at the board was weak.
New York, Aug. 1.-THE treasury ball |
ances were as follows Coin, SIP, ST, 4l4; /
currency, S7S,8 $50.
Northwestern, 9S14 preferred 144l2; Lake |
Shore, 40; Norfolk and Western prefer |
red, y; Western Union, TN; Southern /
Railway common, 712; Southern Railway |
preferred, 1872; American Sugar, 1915; /
Baltimore and Ohio, 49,; Canada South /
ern, 43; st. Paul, 645s Rock Island, 81; Del |
aware and Hudson, 1l71a; Delaware. Lack
awanna and Western, 1882; Manhattan,
7412; Michigan Central, IS; New York Cen
trail, 9212. Speculation weak.
New York, Aug. H.-During the early .
trading at the stock exchange to-day, the |
market was feverish and irregular; caused |
by cables from London and the belief that |
money rates will work higher in the near
future. An advance in money rates was
confidently looked for because Of the de-
mand for funds from the Interior incl |
dent to this season of the year, and to |
the low state Of bank reserves. London |
firms were also moderate sellers in the |
early dealings, and this added TO the fever /
ishness later. Sugar was bought on a [
large scale by brokers, said to be acting /
for a leading bear and the stock was adj |
vanced from 1929 to 1861 a week ago to- |
day the stock brought IS. The announce |
ment that refined sugar had been reduced /
js@3-16 cent per pound. had no influence /
in the stock. The strength of Sugar inn |
parted a firm tone TO the general list, and /
late in the day when call loans, instead /
of advancing fell TO ~ per cent. and sterl- /