The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-02-15
FINANCIAL.

FINANCIAL.
Money-Steady.
The bank clearances for the past week
were &,1S7, 6Sl AS, against S2,lii,Oi54 for the
same week last year.
Foreign Exchange.-The market was
steady. The following are net Sa-
vannah quotations: Commercial demand
sis524; sixty days, $4.S6A, ninety days
S4S5A; francs Paris and Havre, sixty
days, 500; Swiss sixty days, S5.217si
marks, sixty days, 1855.
Domestic Exchange-T tone of the
market is quiet Banks are buying al
par and selling at lilo per cent. premium
for amounts to $1,000 and over
Securities-A fair business is being done
in state and municipal bonds.
Stocks and Bonds-State Bonds-Geor-
ga, 81 per cent. bonds of 1880 10l bid
l02 bid, 1921 asked; Georgia Az per cent.
bonds, 1915, 1liIs bid. Us asked; Georgia
Smiths maturity, 1896, 101 bid l0liR asked
South Carolina 4l2s, lO7 bid, los asked.
City Bonds-Atlanta per cent. lO7 bid.
Jos asked; Augusta AVS, 1925, l05 bid. log
asked asked Augusta per cent Il3 bid ~
asked; Columbus 5 per cent, 1903 bid, 10i
asked; Macon per cent, l16 bid,
ly April coupons. 1851 bid. 1O9 asked; Sa-
vannah per cent, quarterly May
coupons, 10Sl2 bid; 1903 asked; Charleston
Railroad Bonds-Savannah. Florida and
Western railroad general mortgage bonds,
per cent. interest coupons. ll3 bid, ia
asked; Atlantic and Gulf first mortgage,
consolidated Z per cent. coupons. January
and July maturity, 1887 1C2 bid. 103 asked;
Central Railroad and Banking Company,
collateral gold SIS. % bid, IS asked; Central
Of Georgia railway first mortgage 5s, 1915,
Ill bid, 112 asked; Central of Georgia rail-
way consolidated 5s, 50-year gold bonds,
81 bid, SO asked; Central of Georgia rail
way, first preferred incomes, 50 bid, 1874
lsla bid, ,I71k asked; Central OF
Georgia Railway third preferred in
comes, 13 asked when issued: Georgia
railroad 6s 1910. Ill bid, III asked Char
lotte, Columbia and Augusta first SIS.
lO5 bid, lW asked; Charlotte, Columbia
llS asked; Georgia Southern and Florida
new 5s, So bid, 96 asked: South Geor-
gia and Florida first mortgage Is, 1O5 bid
asked; South Georgia and Florida sec
ond mortgage Is, 104 bid, asked; Sa-
vannah. Americus and Montgomery 5s
IS bid, SO asked; ocean Steamship PEI
cent bonds, 1920. 50 bid. "a asked; City
and Suburban railroad first mortgage
per cent. bonds, 76ia bid, 70 asked; Elec-
trio Railway 5s, due 1885, "A bid, 30 asked
Alabama Midland per cent. indorsed -
bid, 80 asked; Brunswick and Western As
bid, IS asked; South Bound railroad IS
IS bid, 76l3 asked; Southern Railway IS
90 bid. SO asked.
nah. 90 bid, 9Sl5 asked; Central
common, bid, IA asked; Georgia com
mon, 1853 bid, 10 asked; Southwestern, 92l.
Point Railroad stock 80 bid, lOl asked
Atlanta and West Point per cent. GER
tificates, 80 bid, 100 asked; savannah Con-
struction Company, rs bid, 76 asked.
Gas Stocks-Savanna Gaslight stock
22l5 bid. 23lk asked; Electric Light and
Power Company. 81 bid, Go asked.
u, Bq INK Stocks GtcGi7Hens B Bsn
l 81 Dbl bid, 8 asked aSsI Germaaia Bank
1O7 bid, Jos asked; Merchants National
Bank, 102 bid, 100 asked; National Bank OF
Co.. H. lrad NFrl "a
thorpe Savings and Trust Company, iOllz
bid, los asked: southern Bank of state
of Georgia, 1914 bid, 1863 asked; savan-
nah Bank and Trust Company, 106 bid
lO7lb asked; Chatham Real Estate
and Improvement Company, A, 53a bid
54 asked; B, 50 bid. STA asked
Title Guarantee and Loan Company, SzE
Factory Bonds-Augusta Factory 6s,
1922 bid 104 asked; Sibley Factory IS, 1CC
bid, l0l asked; Enterprise FACTORY 6s, lO-
featuring Company, per cent. bonds, ~
bid, S21a asked. t.E
Factory Stocks-Savannah Cotton Fac
tory, 20 bid, GA asked; Eagle and Phenix
Manufacturing Company, p bid, q asked
Augusta Factory, II Did, 80 asked; Gran
iteville Factory, l55 bid, l5S asked; Lang
Factory, common, l01 bid, l04 asked;
j. p King Manufacturing Company, los
bid, 40 asked; Sibley Manufacturing Com
pany, so bid So asked; Savannah Brewing
Company, 81 bid, So asked.
New York Feb. 14.-Money on call was
firmer at 3G7 per cent, the last loan was
at per cent. and at the closing was
offered at per cent.
Prime mercantile paper, 6a7 per cent.
Bar silver, 6712c.
Sterling exchange steady with actual
business in bankers bills at S.S6Aq4. S612
for sixty days. and &.S71494.87A for de-
Posted rates. s4.S7G4SS1k
Commercial bills, S. S5d4. S5AQ4S6
bonds lower. state bonds
were dull; railroad bonds were firm.
Silver at the board was quiet
New York, Feb; IA, noon.-Erie, l63;
Lake Shore. l443s; Norfolk ard Western
preferred. So; Western Union, S6A; South
sPn RaiWsy & az aSd
Ohio. 3715; Canada southern, Sis; st.
Paul, 1873 Rock Island, %; Delaware and
Hudson 129; DelawaLe'. Lacka ava and
gan Central, 961s; New York Central.
Kew York. Feb. 14.-London selling, due
ton. had an unfavorable effect on the
local stock speculation this morning. The
sold anywhere from 10000 to 1900 shares
Of stocks The early loss was equal 10
Lax per cent, and nearly every promi-
nent railroad stock or the list partici-
decline was checked soon after the open
ing By heavy buying Of Sugar and CHI
cago Gas Sugar moved UP from li2H to
liz and Chicago Gas from 81 TO 69i4. The
rise in the first named was credited to
purchases for lower Wall street inter-
ests while Chicago Gas was bought by
onerators who believe that the Illinois sts-
preTne court will decide in favor of the re-
organization committee. The strength of
the stocks named had good effect on the
General list and the Changers, Louisville
and Nashville Leather preferred, Deia-
ware and Hudson and Lead preferred, all
scored higher figures In the afternoon
tha feeling was less confident The steady
withdrawals of gold from the sub-treas-
ury to pay for the new bonds, the fall
ure of outsiders to respond 10 the decisive
gress yesterday and the decline in gov
eminent bonds having led to sales for
both the long and short accounts Man
i1Oiz to 107. Sugar fell from 1l5 to 1l3, ana