The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-02-06
FINANCIAL.


FINANCIAL.
Money-Steady.
Foreign Exchange-The market was
steady. The following are net Sa-
vannah quotations: Commercial demand.
$4.S714, sixty days, S4.S614, ninety days,
$iS6; francs, Paris and Havre. sixty
days, 500; Swiss sixty days, $521s;
marks, sixty days, "a Ills
Domestic Exchange-The tone of the
market is quiet. Banks are buying at
for amounts to 81 900 and over.
Securittes-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 $780, 1O1 bid.
l0ll9 asked; Georgia S1a per cents, due 1915,
bonds. 1915, 1141s bid, lis asked: Georgia
Smiths, maturity 1896, 101 bid. 1011S asked;
South Carolina AIS, 1O7 bid, los asked
City Bonds-Atlanta Z per cent, 107 bid,
los asked; Augusta 415s. 1925, los bid, lO6
asked; Augusta per cent. Iii bid, liz
asked; Columbus per cent. l03 bid. 104
asked; Macon per cent, l16 bid,
III asked; Savannah 8 per cent, quar-
terly April coupons. 1851 bid, : asked;
coupons, 1OS BID. 1851 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,
and July ma maturity, 1897, i6l BID, io5 asked
Central Railroad and Banking Company
collateral gold IS, 90 bid, 90 asked; Cen
IS, 1915, 100 bid Ill asked; Central of
Georgia Railway consolidated IS, 50-year
gold bonds, 81 bid, SS1s asked; Central of
80 bid, 90 asked when issued;
Central of Georgia Railway sec
SHd asked p5efe TSsn iE nS9nes cenT. BID
Georgia Railway third preferred incomes.
Is asked when issued; Georgia railroad
6s 1910. Ill bid. 1l2 asked: Charlotte. Col
asked; Charlotte, Columbia and Angus
ia second mortgage rs. liz bid, l13 asked;
bid. 81 asked; south Georgia and Florida
first mortgage rs, los bid, = asked South
Georgia and Florida second mortgage Is,
1O5 BID. - asked; savannah, Americus and
Montgomery 5s. AZ bid, 81 asked; Ocean
Steamship per cent. bonds, 1920 So bid,
asked S p snd ceS iD urban r raj ga
| 70 asked; Electric Railway IS, due 1e35
"a bid, 80 asked; Alabama Midland per
wick wick and 1O' Western As. b id Is s ssRed:
South Bound railroad IS, - bid. rs asked:
Southern Railway 5s. 80 bid, 81 asked
na Siirq 49, BID, s asked ana c saTan
common, 10 bid, - asked; Georgia com
mon. bid, III asked; Southwestern, s214
Point railroad stock, 90 bid, 81 asked;
certificates. 80 bid. 100 asked: Savannah
CONSTRUCTION Company, 761k bid, IS asked.
22iS aS bid 5 28h asked; Eiect Electric Light
and Power Company, : bid: 50 asked.
116 o. bid, l11l5 asked; Chatham Bank,
49A bid, 50 asked; Germania Bank,
1O7 bid, 1oS asked; Merchants National
| of Savannah, 100 bid, 1872 asked; Oglethorpe
Savings and Trust Company, 1857 bid, 1919
asked; Southern Bank Of State Of
nah nah Bank and Trust Company. 1O6 bid,
| iO7 asked: Chatham Real Estate
and Improvement Company. A. 5SA bid,
4A asked: B, 81 bid, 50 asked;
FACTORY Bonds-Augusta Factory. IS.
| 10S1% bid 104 asked; Sibley Factory IS. 1O0
! hid 1O1 asked; Enterprise Factory S. los
| hid 1O6 asked; Eagle and Phenix Manu-
| featuring Company, per cent. bonds, so
ol Factory StT Stocks-savannah Cotton Fac
| tory, GO bid, GA asked; Eagle and Phoenix
| Manufacturing Company, p bid, q asked;
! iteVilie Factory, 155 bid, 1853 asked; Lang
| lev Factory, 108 bid, 10 asked; Enter
/ prise Factory. common, 90 bid 101 asked:
| J. P. King Manufacturing Co., los bid. 10
| asked Sibley Manufacturing Company,
| SO bid. SO asked; Savannah Brewing Com
| pany IS bid,sS712 asked.
New York, Feb. 5.-Money on call was
| firm at 6d8 per cent; the last loan was at
| G per cent, and at the closing was offered
at per cent. Prime mercantile paper, So
| Z per cent. Bar silver, 675sc. Sterling ex-
| change, dull with actual business in bank
| ers bills at $4.S6346D4.S7 for 60 days, and
| 81 S724G "A. SS for demand. Posted rates, $4.Sd
| 4S8 Commercial bills, $4.S512G4S6i2. Gov
eminent bonds higher; state bonds quiet;
railroad bonds steady. Silver at the board
| was dull.
| New York, Feb. 5.-The treasury bal
ances were as follows: Coin, 1914 136. AL;
| currency, SS3, 342. 15S.
New York, Feb: s. noon. Erie. 1871;
Lake shore. i441s Norfolk and Western
| preferred, SA Western Union, 84l5; South
ern Railway, common, 1109s; do preferred,
3015; American Sugar. 1075s; Baltimore and
| Ohio, ~; Canada Southern, 49A; St Paul.
| 741s; Rock Island, 71B; Delaware and
! Hudson. I2S; Delaware Lackawanna and
| Western, 1852; Manhattan, 1878; Michigan
| Central 97la; New York Central, IS.
| New York, Feb. 5-Business at the
Stock Exchange was virtually crowded
| into the last hour of trading and during
| this time commission houses had no rea-
! son to complain of a lack of orders. Early
! in the day brokers and operators were
| waiting to hear from Washington in the
matter of the bond issue. The success of
| the loan was generally admitted
| weeks ago but the amount of the bids,
| nearly $500, 100000, simply astonished the
| street The prices, too, were great deal
| better than expected, the average being
above 10. The syndicate bid It viii be
| remembered was under 105. The magni-
! tude of the bids and the prices rendered
| led TO general buying of the market and
1 DricpS moved up anywhere from ~ 10 Zt2
/ her cent, Sugar was feature and, after
| falling from 1854 to 1925, rose to 1895.
The early decline was. the result Of the
| massage of the sugar bounty bill by the
/ 6csernsn Bundesrath. In the last hour the
! shorts were the most conspicuous buy
/ ers. Leather preferred moved up from
| tbe money for the February dividend
was in the bank. The western stocks,
| such as St. Paul, Rock Island and Bur-
| lington and Quincy, were in better demand
| ~ ~, the splendid showing of earnings re-
| Gently published. Speculation closed
| strong. with an advancing tendency. The
| total sales were 2S9.7 9S shares, including
| 40 s06 ST Paul 5000 Sugar, $500 Rock
Island. 1850 Missouri Pacific sand 1890
| Reading. Bonds were active and strong.
/ TShe sales footed up $1,944,000. The sales
/ =. 10 Of listed STOCKS aggregated 232 a26