The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-01-28
FINANCIAL.
Monev-Steady

FINANCIAL.
Money-Steady.
Foreign Exchange-The market was
barely, steady. The following are net Sa-
&SSk; sixty days, S46is; ninety days,
1864; francs, Paris and Havre, sixty
days, $o.l9A; Swiss sixty days. $5.2l.
Domestic Exchange@The tone of the
market is quiet. Banks are buying at
l-l6c discount; selling. at. up to SIS. l0c;
25c; up to $500. Is per cent; $500 and over.
ZIG per cent.
market. but offerings are light.
Stocks and BondS-State Bonds-Geor-
gia, Sl2 per cent bonds of 1880, l0l bid,
101A asked; Georgia So per cents, due 1915
102 bid, 1921 asked; Georgia AZ per cent
Smiths, maturity 1896, 101 bid. 1O1k asked;
South Carolina 41As. 10 bid los asked
City Bonds-Atlanta Z per cent, 1Q7 bid,
- asked: Augusta AS, 1925, Jos bid, 106
asked; Augusta z per cent, ia bid, 1l5
asked; Augusta 6 per cent, Ill bid. 1l2
asked Columbus per cent, 1O3 bid. 104
asked Macon per cent, Hay bid,
1854 asked; Savannah 8 per. cent, quar-
Savannah 8 per cent. quarterly Feb
ruary coupons, 1924 bid, 1O994 asked;
Charleston As, 50 bid, 96 asked
Railroad Bonds-Savannah, Florida and
Western railroad general mortgage bonds,
per cent. interest coupons. IL bid, lib
asked; Atlantic and Gulf first mortgage
and July maturity, 1881, lO1 bid, iO2 asked;
Central Railroad and Banking Company
collateral gold, 5s, 30 bid. SO asked; Cen
trail of Georgia Railway first mortgage
IS. 1915, 100 bid Ill asked Central of
Georgia Railway consolidated 5s, 5O-year
gold bonds, 81 bid, ssh asked; Central of
Georgia Railway, first preferred incomes
80 asked when issued; Central of Geor
gia Railway second preferred incomes, is
bid, 211k asked when issued; Central Of
Georgia Railway third preferred Incomes,
Is asked when issued; Georgia railroad
urnbia and Augusta first S. 1O5 bid, 107
asked; Charlotte, Columbia and Angus
ia second mortgage Is, III bid, 113 asked;
Georgia southern and Florida new 5s 80
bid, "a asked; south Georgia and florida
first mortgage rs, 1O6 bid, = asked; South
Georgia and Florida second mortgage Is,
los bid, = asked; Savannah, Americas and
MONTGOMERY IS, - bid, 4S asked Ocean
Steamship per cent. bonds 1920 IS bid
81 asked; City and Suburban railroad
so asked; Electric Railway IS, due 1885,
Is bid, 80 asked Alabama Midland per
| cent. Endorsed, = bid, 80 asked; Bruins
| south Bound railroad 5s, = bid. rs asked:
Southern Railway IS, SO bid, 80 asked.
nah s. bid, s6la asked; Central
common, - bid, IS asked; Georgia com
mon 175' bid, ITS asked; Southwestern, 911s
Point railroad stock, 80 bid, 1Ol asked;
| Atlanta and West Point per cent.
certificates, 80 bid. 100 asked; Savannah
Gas Stocks-Savannah Gaslight stock,
224% bid, 23la asked; Electric Light
and Power Company 6S1S bid, 70 asked;
110 o. bid, 1iilB asked; Chatham Bank,
| 49T bid. 50 asked Germania Bank,
1861 bid. 1O7l5 asked; MERCHANTS National
savannah, 100 bid, 1S1 asked; Oglethorpe
| Savings and Trust Company, 1O2la bid, :
asked; Southern B an OF Of state Of
nah Bank and Trust Company, 1C6 bid,
| 107 asked; Chatham Real Estate
and Improvement o GomP Pd A. AZ 52s bid
Title Guarantee and Loan Company, SO
| bid, 95 ast ed. ..
1o31% bid, 1O4 asked: Sibley Factory Is, 100
| Ia 101 asked; Enterprise Factory 6s Jos
pid' los asked; Eagle and Phenix Manu-
featuring Company, per cent. bonds, IS
Ol o. c SH iStocks-Savannah Cotton Fac
| torv so bid, GA asked; Eagle and Phoenix
M IlqTsta Factory, II bid, 50 asked Gran
! iteVille Factory, 1856 bid, 15S asked; Lang
| lev Factory, 1071a bid, 1881 asked; Enter
| + p King Manufacturing Co., 10S bid, no
| asked: Sibley Manufacturing Company,
| 30 bid. SO asked; Savannah Brewing Com
| nany So bid, 80 asked.
Nav York, jan 27.-Money on call was
| easv at 3G31b per cent; the last loan was
| at per cent, and at the closing was Of
| fered at per cent. Prime mercantile pa
! ner. 607 per cent Bar silver, 671sc ster-
| Ii;n,, eycb9nge easier with actual business
| in bankers bills at $4.S719d4S7a for 90 days
! and 81 $3.50 "A. SO for demand. Posted rates,
| 81 SSli4. S955. Commercial bills, $486Q4.S714.
| Goyernment bonds irregular, higher. Sill
! yer at the board was quiet.
! New York, Jan. N.-Rosin quiet, STEADY;
| strained, common to good, $L60Ql.65. Tur-
pentine dull, easy, SQl2g5lc. ~. ,-,,
New York, Jan; q, Noon:-Erie' i54
| Lake Shore, 14A5; Norfolk and Western,
preferred, 7lA; Western Union, 1914; South
| ern Railway common, VS.; SoSthern l Ral1-
! Baltimore and Ohio, "A; Canada South
eTn. 4S1a; St. Paul. 7024; Rock Island, 6TA;
! Delaware and Hudson. 127l4; Delaware,
IPenla1snna and Western, 1917: Manhat-
| tan, 1O3; Michigan Central, So; New York
Ce eTdT$ Iy9 91l Jan. 27.-The week opened
u,ith a strong and higher market for
stocks The rise in prices at the opening
vas the result of the execution OF buying
| limit Iondon paid considerable atten-
| tion tn St Paul. Louisville and Nashville
and Reading stocks and Junior mortgages.
| TVbe comparatively easy condition OF the
| I,onev market the improved outlook for
| an early solution of the Venezuelan boun-
! darv question as indicated by the speech
| of Mr. Chamberlain on saturday ana the
| Sad,1ction in the posted rates of sterling
| exchange all contributed 10 the strength
! Of the market. London, according to good
| 9,1dges bought at least 1900 shares OF
! yytarious stocks showing a preference for
| 81 Paul Louisville and Nashville and
Reading. The rise IN prices curing the
| early session ranged from z 10 "a per
| cent the Changers. Sugar, Louisville and
SSasbvjlle and Reading leading. The rise
was checked shortly after midday by
| l,reak in Tobacco and Sugar Tobacco
| III - ne" 81 and 1874 and Sugar 17s to 104. The
! decline in the last named was occasioned
nv reports that the Reichstag had report
| 81 me bounty bill favorably, This was
I s,1bseo,iantIv denied and a rally to iO5 Ell
sued, in the afternoon the railways loom
! 81 into prominence and a number Of the
I
| ise1fres of the day. The buying Al this