The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-03-10
FINANCIAL.
Money-Steady.

/ FINANCIAL.
! Money-Steady.
Foreign, Exehange.-The market was
/ nrm. The following are net Sa-
yannah quotations: Commercial demand.
MS7ss; sixty days. s4.s64s; ninety days,
SsS SG; francs e nc: s Paris and Havre, sixty
marks, sixty days. "a Lille.
! Domestic Exchange.-The tone OF the
| market is quiet Banks are buying Al
| par and selling at lilo per cent. premium
| for amounts to 1000 and over
Securities-Market steady with contin-
ued demand for bank stocks and a hard
/ enlng in southwestern railroad stock
| quiet investment demand for state and
municipal issues. Railroads are dull at
Stocks and Bonds-state Bonds-Geor-
gia, S1s per cent. bonds of 1880, lO11z bid,
1919 bid. 1O21z asked; Georgia AZ per cent y1f
| bonds, 1915, 114&t bid, 1854 asked; Georgia
Smiths; maturity, 1856, 1ol bid. lol1s asked;
City Bonds-Atlanta per cent. 1O7 bid
lOS asked; Augusta AIS, 1925. los bid. los
asked asked; August per cent, 1llh bid, 1123
asked; Columbus 5 per cent. 1G5 bid, 100
asked; Macon per cent. ZIG bid.
" April coupons, ios BID, ns a:k SSdari sa-
coupons, log bid. 1881 asked; chsarles ton
Railroad Bonds-Savannah Florida and
! Western railroad general mortgage bonds.
per cent interest coupons upon ll41a bid, 1i51s
consolidated Z per cent coupons, January
and July maturity ma, 1897. lq2la bid, lO31s
pany, collateral gold IS, 100 bid.
none offered; Central of Georgia
Tail wa 80 first GmOTTtgage S. lSl5,
way consolidated IS. 5O-year gold bonds.
| 9lI5 bid SO asked; Central of Georgia rail-
way first cIp@ preferred incomes 81 bid 50
way second preferred Incomes.
1917 bid 171s asked; Central of
road Is. 1910. 1i2 bid 11slz asked; char char
lotte, Columbia and Augusta first IS.
and Augusta second mortgage rs. lis ''i bid'
116 asked; Georgia Southern and Florida
new IS, s. bid, s6 asked; South Geor-
! = asked; South Georgia and Florida sec
| ond mortgage Is, 104 bid, asked; Sa-
Eg1 hd a ssed o Sna Ns9fngomery 6s
| cent bonds, 1920, 100 bid, none offered: Civ
! and Suburban railroad first mortgaga 2
per cent. bonds, 761s bid, 70 asked; Eiec.
! trio Railway IS, due 1885, "a bid, Is asked
! Alabama Midland per cent. Endorsed. -
| = bid, 70 asked; South Bound railroad 5s'
- bid, 76ls asked; Southern Railway 5s'
| 90 bid, SO asked. 70
nah, 9355 bid. s41A asked; Georgia, COM
| mon, 1874 bid, 1914 asked; Southwestern
90 bid, 9S16 asked; Atlanta and West
Atlanta and West Point per cent" cer.
tificates, 100 bid. 1O1 asked; Savannah Con-
struction Company, = bid, rs asked. '
22SS bid, % asked; Electric light s'9 anKd
Power Company 81 r bid. t4., asked.
Bank STOCKS s,I Edc'- GU Bank.
az o. bid, 50 asked Germania Ba ar1kk'
| los bid 100 asked; Merchants National
savannah, 1924 bid, 1874 asked; ogle-
| thorpe Savings and Trust Company. 105
bid BID los asked Southern Bank Of State tie
4 h oer1r- u.
nah Bank and Trust Company, 10sib bid
i1Oh asked; Chatham Real Estate
and Improvement Company. A, 5SlA bid,
IPeonIes Savings and Loan CompanxH e9 %
| bid. 81 asked. ex-div.
Factory Bonds-Augusta Factory es.
| IO31S bid 1O4 asked; Sibley Factory 6s i00
| hid 1O1 asked; Enterprise Factory 6s IO5
bid 1O6 asked Eagle and Phenix Manu-
featuring Company per cent bonds. 80
Factory stocks-Savannah Cotton Fac
| tory, so bid, GA asked Eagle and Phenix
MSgusta factory, IS bid, s. asked GRAN
| iteville Factory, 1855 bid, 1853 asked; Lang
ley Factory, l05 bid 1 lOs asked Enterprise
]. P. King Manufacturing Company, los
bid, ITO asked Sibley, Manufacturing Com
! Company, = bid, Sc asked.
London. March 9.-Bar silver, S19sd; con-
! soils, 109 5-16 for money and 1092s for the
account. Paris advices quote per cent.
New York, March s.-Money on call was
easy, at $685. per cent. The last loan was
at per cent, and at the closing. offered
at per cent. Prime mercantile paper, 51
515 per cent; bar silver, 6S15c; sterling ex-
| change, firm, with actual business in
bankers bills at s4S7a4S714 for so days,
and s4.SSq4.SSA for demand. Posted rates,
s4:S7l9@4.S9. Commercial bills, A89A@
86l5 Government bonds, steady; state
| bonds, dull; railroad bonds, firm; silver at
| the board was quiet.
New York, March 9.-The treasury bal
ances were as follows: Coin, $12479S, 1873;
currency, $S7555, 701.
New York, March 9.--Noon--E Erie, 15ia;
sbdfe 7 Norfolk nnd Weser5 9
| preferred, IA asked; Western Union, "a;
Southern Railway. common, 81; do pre-
more and Ohio. 1885, Canada Southern,
402.; st. Paul, 1914; Rock Island, 7112: Del
aware and Hudson, 1876; Delaware. Lack
awanna and Western, 16l1.; Manhattan,
| 103A; Michigan Central, IS; New York
| Central, 97s4. The market dull and weak.
| New York March 9.-American Tobacco
was again the feature of the trading at
the Stock Exchange to-day, $4,000 shares
| changing hands. The stock ranged be-
| against 1855 on Saturday. The usual sto-
\ ries about Tobacco were again revived.
! including the one about the passage OF
| dividends and the cutting down OF the
| revenues of the company through the OPP
erations of its western rivals. Cotton Oil
was a particularly weak spot. and dropped
/ ZnEA per. C6Ill.s tue SOluulOh ~ 10
| and the preferred to IS. Sugar fell * to
! 1854. and later rose to 1853 on the declara-
| ton of the regular dividends. The early
| decline was due to selling by Washing
| ton houses General Electric was in de-
mand throughout and rose from 3iA to
359s The rise in the stock was due to the
Tecent decision in favor of the company
| in the matter of the trolley patent. In the
railway list Baltimore and Ohio was
| the special card and jumped from 147s to
| l75k on covering of short contracts. The
| stock was in sharp demand and command
ed 1s11 per cent. for use. The stock is
heavily oversold, and any further DEM
onstration on the part of operators bull
| sshly inclined would lead to still higher