The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-09-13

7 i.Ia 1U9lo agKeUt 7 cont, IIZl7,
! bid i13I5 asked; Augusta 6 per cent, liz
| hid 113 asked; Columbus per cent, I02
| hid 1894 asked; Macon per cent, l12b
bid ll4ls asked; savannah per cent.
asked; Savannah percent, quarterly No
Charleston As. 80 bid. "a asked.
Railroad Bonds-Savannah, Florida and
6 per cent, interest coupons, - bid. 10
asked; Atlantic and Gulf first mortgage
consolidated z per cent coupons, January
and July maturity, 1897, = bid. 1O1lk ask
ed; Central Railroad and Banking Com
pany, collateral gold IS. - bid, IS asked;
Central of Georgia railway first mortgage
S. 1915. - bid, 10 asked; Central OF Geor-
gia railway, consolidated IS. 5O-year gold
bonds, so bid, IS asked; Central Of Georgia
railway. frst preferred incomes,
Georgia railway, second preferred
incomes, II bid. 10 asked; Central
of Georgia railway third preferred incomes
6 bid. asked; Georgia Railroad IS. 1910,
- bid, 1l2 asked; Charlotte. Columbia and
Augusta first S. 100 bid, 101k asked; Char
lottle, Columbia and Augusta second mort
gage z, = bid, l12 asked; Georgia Southern
and Florida, new IS, - bid. SO asked;
Is. = bid, 1O6 asked; South Georgia
and Florida, second mortgage rs, - bid 105
asked; Savannah, Americas and Mont
Fomery IS, = bid, 68 asked: Ocean Steam
ship per cent. bonds, 1926. = bid, 9s asked;
City and Suburban railroad first mortgage
per cent, bonds, - bid, Is asked; Electric
Railway IS, due 1885, - bid. % asked: Ala
bama Midland per cent. Endorsed. - bid.
30 asked; Brunswick and Western As, =
bid. 7s asked; South Bound railroad IS. -
bid, IS asked; Southern railway IS, sih
bid, s51z asked; Georgia and Alabama S
consols. - bid, 70 asked.
Railroad Stocks-Augusta and Savan-
nah, S5h bid SO asked; Georgia
common. - bid. 1854 asked; Southwestern.
"a bid, IS asked Atlanta and
West Point railroad stock, 971kbid, 9SIk ask
ed; Atlanta and West Point per cent,
certificates, 81 bid, 9S asked; Savannah
Construction Company, 65 bid, 20 asked.
Gas Stocks-Savannah Gas Light stock,
20 bid. q asked; Electric Light and Power
Company, So bid, 50 asked.
Bank Stocks, Etc.-Citizens Bank. 10
bid, Ill sasked; Chatham Bank
4s1A bid, az asked; Germania Bank,
National Bank, 80 bid, 911h asked; National
Bank of Savannah, 12s bid 191 asked:
Oglethorpe Savings and Trust Com
pany, 1o2 bid 1903 asked; Southern
Bank of the State of Georgia, 1898 bid.
l7o1s asked; Savannah Bank and
Trust Company. 1903 bid. 1O4 asked.
ed; B, 501s bid, 81 asked; Peo-
pies Savings and Loan Company. 91M bid,
92k asked.
Factory Bonds-Augusta Factory IS, 1o2
bid, LOB asked; Sibiey Factory IS, 100 bid,
l02 asked; Enterprise Factory IS, 1903 bid,
1O4 asked; Eagle and Phenix Manufacture
ing Company, per cent. bonds, = bid, 90
Factory s.ocks-savannah Cotton Fac
tory, = bid, so asked; Augusta Factory,
n bid, 80 asked, ex-dlv.; Granite vile Fac
tory, l45 bid. $50 asked; Langley Factory.
los bid, ITO asked; Enterprise Factory,
QQ hid 100 asked.
King Manufacturing Company, 1O5 bid, 1OS
asked; Sibley Manufacturing Company, rs
bid, rs asked; Savannah Brewing Com
pany, - bid. rs asked.
London, Sept 12-Bar silver, 30 S-16d;
consols. 109 1915 for money and ITO for
the account.
New York. Sept. 12.-Money on call for
405 per cent. Prime mercantile paper,
SQ9 per cent. Sterling exchange, steady
with actual business in bankers bills at
&.s1Ad4.s2 for sixty days, and $4.S3s4G
asa for demand; posted rates, 81 .821aG
4.SlIs Commercial bills, $4.s0a4.S1. Bar
silver, steady at 65c. State bonds were
dull; railroad bonds were lower. Silver
at the board was neglected
New York. Sept. 12.-The treasury bal
ances were as follows: Coin, $123, $50, l13;
currency, $40 167 ,0S9.
New York, Sept 12.--The weekly state
ment of associated banks shows the fol-
lowing changes: Reserve increase $685.
275. loans, decrease. 1871, 800; srecie, IN
crease, $2.764, 800; legal tenders, decrease
50, $50, 900; deposits, decrease, 81 500; cir
eulation, increase, 1872, 200. The banks now
hold $S,767, S25 in excess of legal require
ments.
New York. Sept. 12.-The New York FL
nancier says this week For the first
time since July II last, the clearing house
banks of New York city show an increase
in the reserve. The statement for the
week ending Sept. IL does not, however,
reflect the full effect of the heavy opera
tons incident to the imports of over $2S,-
100000 of foreign gold to this side The
net increase in cash, for instance is re-
ported in the statement to be only $1S4,-
800. the loss of s2.5SO.0O0 in legal tenders
having been counteracted by gain of
81. 764, 800 in specie. That the banks at the
close of business Saturday held more
cash than the statement credits them with.
is almost certain, but as is usually the
case, the gain will be slow In showing. A
great deal of cash went to interior points,
especially to New Orleans, last week the
transfers having been accomplished by
means of gold deposits here and credits
at sub-treasuries at the points of desti-
nation, and this has probably had some
effect in making perplexing statement
That gold imports however, are re-
lieving the strained situation of the past
the heavy contraction of several millions
in loans, which has marked the statement
for weeks past, the decrease last week
was only 1891, 300, and the decrease i'm de-
posits was less than $1,5OO,OO0 Deposits
are still S,000,000 less than loans, but this
is feature that probably will not be
maintained for any length of time.
The heavy forward crop movement.
FASTENED in the south by conditions now
prevailing there, and in other sections by
favorable rates, are bound to continue the
gold imports. and thus enable the New
York banks to ship funds to the interior
with greater ease than would have been
the case had crops been slow In moving.
II will be a sign of greater activity over
the country therefore, II the reserves of
the New York banks are slow in increas-
ing this fall The banks are still enlarging
their circulation. The increase last week
was S7s2. 800
Septic, s6 sept4 IS Sept. is, '9l
Loans m $4s2 SOS, 800 $500. SOS 900 sax. oS7 100
Specie ...... 5l96i, 500 go, ,500l 81 2sS 400
Legal ten. 6S2l9, 500 III. COS 500 115. 924 Oo9
Net Depos. ass 654, 1901 571 SIG ZOO $50 GA aOo
Z