The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-07-22
FINANCIAL.
Mnnev-Steadv

FINANCIAL.
Money-Steady.
Foreign Exchange-The market was
firm. The following are net Sa
vannah quotations: Commercial demand.
A.SI@; sixty days, $4.6; ninety days.
$l-s6s4; francs, Paris and Havre, sixty
days, $5.l7%; Swiss, sixty days, S5l9;
marks, sixty days, 80.
Domestic Exchange.-Steady Banks are
buying at Is per cent. discount and selling
as follows: For amounts to SIS, Zoe prem
ium; to so, 10 cents premium; TO $i0O. 20
cents premium; to $500, % cents premium:
for $500 or over at par.
Securities-The market is again inactive
and duh.
Stocks and Bonds-State Bonds-caor-
gia, 3R per cent. bonds of 1880 lOlIs bi1
102 asked; Georgia S15 per cents, due 1915.
101A bid, 10ll2 asked; Georgia AZ per cent
bonds, 1915, 113 bid, ia asked: Georgia
per cent, due 1926, 100 bid, 1891 asked.
South Carolina 4lss. 104 bid, 1O5 asked.
City Bonds-Atlanta per cent los hid.
106 asked; Augusta AIS, 1925, 103 bid, 1921
asked; Augusta per cent, 1l41s bid, 115iS
asked; Augusta per cent, III bid I'LL
asked; Columbus per cent 1OS hid 1OI
asked; Macon per cent, 1l21a bid 11si5
asked; Savannah per cent, Guarterlv
July coupons, 1924 bid, 10 asked; Savan-
nah per cent, quarterly August coupons
1903 bid, 1O912 asked; Charleston As, SO bid,
Railroad Bonds-Savannah Florida and
Western railroad general mortgage bonds,
!
asked; Atlantic and Gulf first mortgage.
| CONSOLIDATED per cent. coupons, January.
and July maturity. 1887. l01 bid, lois
asked; Central Railroad and Banking
Company, collateral gold IS, 96 bid
| 9715 asked Central of Georgia
railway first mortgage IS, 1915 - bid
| III asked Central of Georgia railway
consolidated 5s, 50-year gold bonds. 81
first preferred incomes. - bid, 27J5 asked;
Central of Georgia railway second pre-
ferred incomes, = bid. 13 asked; Cen
| trail of Georgia railway third preferred in
comes, - bid, asked; Georgia Rail-
| road Is. 1910, 10 bid. Ill asked;
Charlotte, Columbia and Augusta
1rst 6s, loS bid' lU512 asked, Charlotte.
Columbia and Augusta second mortgage
! T. Ill bid, III asked; Georgia Southern
/ and Florida new IS. 931A bid 94h
asked; South Georgia and Florida first
| Georgia and Florida, second mortgage rs,
| los bid, asked; Savannah, Americas
and Montgomery IS, 6S15 bid, 69h asked;
ocean Steamship g per cent bonds. 1925
| 81 bid, SO asked; City and Suburban
| railroad first mortgage 7 per cent. bonds.
| 76 bid, Is asked; Electric Railway 5s,
| due 1885, - bid, % asked Alabama Mid
land per cent Endorsed, 9215 bid. 931k ask
ed; Brunswick and Western As, = bid, rs
asked; South Bound railroad 5s, - bid,
| Is asked; Southern railway IS, Sc bid,
a,5 ASKED IS i,S Georgia (. s ana Alabama con-
Railroad Stocks-Augusta and savan-
nah, 9O1A bid, s115 asked, ex-div.;
Georgia 6 common, 1853 BID, 1927
asked, ex-div.; Atlanta and West Point
! railroad stock, 80 bid, 100 asked; Atlanta
and West Point 6 per cent. certificates, %
! bid, 9S asked; Savannah Construction
| Company, - bid, Is asked.
Gas Stocks-Savannah Gas Light stock
| 201a bid, q asked, ex-div.; Electric Light
| and Power Company, 60 bid, 81 asked, ex-
div.
Bank Stocks, Etc.-Citizens Bank, Ill
| bid, 11l1a asked eX-qiv.; Chatham Bank.
AZ bid, As asked, ex-div.; Germania Bank,
tional Bank, 921a bid 95 asked; National
Bank OF Savannah, 131 bid, 1872 asked, ex-
div; Oglethorpe Savings and Trust Com
| pany, 1O4 bid, 1O5 asked, ex-div.; South
ern Bank of State of Georgia. 1914 bid,
1852 asked, ex-div.; Savannah Bank and
| Trast Company, LOG bid, 1917 asked, ex-
div; Chatham Real Estate and Improve
ment Company, A, 531s bid. "a asked; b.
I so bid, 5O1a asked, ev-div.; Peoples Savings
| and Loan Company. 91h bid, 9215 asked
Factory Bonds-Augusta Factory IS, 102
| bid 1O3 asked; Sibley Factory 6s, 100 bid,
! 1O2 asked; Enterprise Factory IS, JOB bid,
! 104 asked Eagle and Phenix Manutac-
turing Company, per cent. bonds, - bid,
Factory Stocks-Savannah Cotton Fac
tory, = bid, 50 asked; Augusta Factory,
n bid, so asked eX-div. Granitevllle Fac
| tory, 145 bid, $50 asked; Langley Factory
| 108 bid, ITO asked Enterprise, Factory
common 9S bid 102 asked, eX-div.; j. J.
King Manufacturing Company, 1O5 bid,
1903 asked; Sibley Manufacturing Compa-
ny, IS bid, Is asked; Savannah Brewing
Company - bid, 70 asked.
London, July H.-Bar silver, 3l12d. Con
soils, 113 7-16 for money and 1872 tor the
account Paris advices quote per cent
| rentes 101 francs SPA centimes Tor the
account
New York, July 21-Money on call was
frmer at 2G3 per cent; the last loan was
at per cent, and at the closing was OF
Of
paper, 51506 per cent Sterling eXchahge
was firmer, with actual business in bank
ers bills at $4.S8 for sixty days and $3.50
Commercial bills, Sassy G48712 Govern
ment bonds were firm. State bonds were
quiet. Railroad bonds were steadier Sill
yer at the board was firm.
New York, July 21-noon.-Erie l512;
Northwestern "a; preferred, AS bid; Lake
Shore 1884 Norfolk and Western, prefer
red, Il; Western Union, 7S1a; southern
Railway common. 8; Southern Ral way
preferred, 2015; American Sugar, 1925; Bal
timore and Ohio, 1872; Canada southern,
10; st. Paul, 692 Rock Island, 55A; Dela-
ware and Hudson. 1173s; Delaware, Lacka-
wanna and Western, li6; Manhattan, 81;
Michigan Central, 81; New York Central,
9l%4. Stock improved rapidly alJer II
o'clock. The best prices of the day were
made in a number of instances. Al noon
the market was firm.
New York. July 21.-The announcement
that the New York banks had determined
to place a portion Of their gold at the dis
posal of the government. thus restoring
the treasury gold reserve 10 the hundred
million mark, changed the temper at the
stock exchange to-day from weakness to
ono of strength. Estimates place the buy
ing abroad as high as 25000 shares OF
stock In addition to this favorable fac
tor, 1t was stated that the banking inter
ests were at work on plan whereby
gold shipments can be diminished. Various
suggestions have been made, but nothing
definite mas been agreed upon yet
Even If the conference on this subject
should come to naught, one thing can be
relied on and that is that the banks will
do everything in reason to help the gov
eminent. Some bankers want to place
their entire stock at the disposal Of the
government subject to call by Secretary
Carlisle This manifestation Of confidence
bonds advanced to l14s4. gain of IA per
cent. from the recent low point Buying
of aacuritlas WIS stlrlIllated l-lrl... lhe