The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-11-15

| Central of Georgia Railway first mortgage
Is, 5O-year gold bonds, 10 bid. 112 asked
Central of Georgia Railway 1st consolidat.
cd mortgage IS. SO bid, 80 asked
Central Of Georgia Railway, first prefer
red incomes, 36 bid, 3655 asked
Central of Georgia Railway second
preferred incomes, 1872 bid, IA asked; Cen
trail Of Georgia Railway third preferred
incomes, 6 bid asked; Georgia railroad
S. 1910, 10S bid, 10 asked; Charlotte, Co
lumbia and Augusta first IS, 1O7 bid, los
asked; Charlotte, Columbia and Au-
gusta second mortgage rs, Ill
bid, 112 asked; Georgia Southern and
Florida new 5s, 96 bid, 9S asked South
Georgia and Florida first mortgage Is, 105
bid LOG asked; South Georgia and Flor
ida, second mortgage Is, 1O4 bid. 1O5 asked;
ocean steamship per cent.
bonds, 1926, 102 bid, 1903 asked; City and
Suburban railroad first mortgage 7 per
cent bonds, bid, rs asked; Electric
railway 5s, due 1885, "A bid, 10 asked; Ala
| bama Midland per cent. indorsed IS bid,
~ asked; Brunswick and Western As,
- bid, 20 asked; South Bound railroad 5s.
- bid, 70 asked; Southern Railway IS, 90
bid, SO asked; Georgia and Alabama first
preferred SIS, 96 bid, SO asked; Georgia
and Alabama first consols, 70 bid, 70
asked
Railroad Stocks-AugUsta and Savan-
nah, 81 bid 80 asked; Georgia common, 100
| bid, 1853 asked; Southwestern 9115 bid 80
| asked; Atlanta and West Point railroad
stock, 1Ol bid, 102 asked; Atlanta and
West Point per cent. certificates, 100
bid, 102 asked; Savannah Construction
| Company, 60 bid, Il asked.
Gas Stocks-Savannah Gas Light stock,
| % bid, % asked; Electric Light and
! Power Company, 60 bid, - asked
Bank Stocks, Etc.-Citizens Bank, 1O9h
| bid, 1lO1s asked; Chatham Bank, &c bid,
a asked; Germanla Bank, 107 bid 1OS
4..t On L
| VI asked; National Bank of Savannah,
III bid, 12S asked; Oglethorpe Savings and
Trust Company, 102 bid, 104 asked; South
! ern Bank of the State of Georgia. 1859 bid,
| III asked; Savannah Bank and Trust Com
| pany, l0l bid, l021a asked; Chatham Real
Estate and Improvement Company, A, So
bid, 81 asked; B, so bid 81 asked; Peo-
pies Savings and Loan Company, 81 bid,
| 90 asked,
Factory Bonds-Augusta Factory, 6s, 100
bid, 102 asked; Sibley Factory 6s, 100 bid,
1Ol asked; Enterprise Factory 6s, 101 bid,
102 asked; Eagle and Phenix Manufacture
Ing Company. 6 per cent. bonds 40 bid, so
| asked.
Factory Stocks-Savannah Cotton Fac
tory, - bid, so asked; Augusta Factory n
bid, 80 asked; ex-div; Graniteville Factory.
las bid, $50 asked; Langley Factory, 100 bid.
Jos asked; Enterprise Factory, common,
95 bid, 100 asked J. P. King Manufacturing
ufacturing Company, rs bid, n asked Sa-
vannah Brewing Company, 81 bid, 1O1
asked.
London, Nov. 14-Bar silver, 20 1850.
Consols, 110B for money and 11OA for the
account
Paris, Nov. 14.-Three per cent rentes,
1902 francs SPY centimeS for the account.
New York, Nov. H.-Money on call easy
at Sd4 per cent. Prime mercantile paper,
5d6 per cent. Sterling exchange weak
with actual business in bankers bills at
A.8116@4S2 for sixty days, and $4S5A for
demand. Posted rates, $4S214@LS61a. Com
mercial bills, $4.SO64S1. Bar silver, 64s4c
Government bonds steady; state bonds,
dull; railroad bonds higher. Silver at the
board was higher.
New York, Nov. 4.-The treasury bal
ances were as follows: Coin $120 319, 1903; cur
rency $51. 26S, SSS.
New York. Nov. 14.-The weekly state
ment of associated banks shows the FOL-
lowing changes: Reserves, increase, IS, 693, %
525; loans. increase $9,2 800; specie, in
crease, IS. 2S6, 500; legal tenders, increase,
$4,407 200; deposits, increase $15,919 800; cir
culation, decrease, SIT, 200 The banks now
hold s2S,50S, 925 in excess Of legal require
ments.
New York. Nov. 14.-The New York
Financer says this week: THE effects
OF a return of confidence are plainly
house banks of New York city for the
week ending Nov. IA. In fact, the increase
in the various items are so large as to be
unmistakable. The cash gains of the
banks for the current weak were $12, 673.
800, of which IS, 266, 300 was specie, and $4.-
407, 200 legal tenders. The expansion in
gold has probably never been equalled in
a similar time before. During the period
prior to the last bond issue, when the
banks were accommodating as much specie
as possible, il required four weeks effort
to bring about an $S000000 increase in
| specie, The movement now is purely vol
untary, and If the increase of IS, 900, 900 In
the United States treasury is added to
| the amount received by the New York
| banks, it will be seen that over SIG, 900, OD
| in gold have already come into sight since
| election from these two sources alone.
| How much other banks throughout the
| country are carrying there is no eX-
act means of knowing, but the total must
! be enormous For the first time fin weeks
| domestic exchange al interior points has
risen to a premium, and the banks of
| New York are now gaining largely in cash
from these sources. The sub-treasury has
also been losing money to the banks, SO
! that the accumulation of funds, aside
| from redeposits Of boarded money, ave
really normal. The last imports of gold
| have also swelled the total The expau-
sion Of $322S, 300 in loans is a favora BILE
feature OF the statement, out that there
is room for a great deal of growth in
this item is indicated by the fact that
the loan total is now just about where it
| was on Feb. last, which, until the week
following election, marked the low point
| OF the present year. Present loans are
still $70O0,000 less than reported for the
| corresponding week of 1895.
The unprecedented Increase Of s15. 919 900
! in deposits was to have been expected.
| in view Of the condition noted above.
! Circulation has decreased $1,000 ana
! probably will continue to contract after
the 100000 expansion, which the strin-
! gent money market brought about after
! July. As result of the weeks opera
! lions, the reserve increased IS, 693. 525, and
now stands at $23 SOB 1926, which is higher
| than has been reported since March ]
| last In a sentence, the statement shows
that the banks are again in a position
TO meet all legitimate demands made upon
| them.
NOVA, '96INov Is, '95 Nov II, "a
Loans S445, 40S 500 1892 1888 500 1903 OPT ma