The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-05-02
FINANCIAL.


water, 5OqSOc.
FINANCIAL.
Money-Steady.
The balances for the week were 81. $685.
61667 against $l,752, 506.90 for the same
Foreign Exchange-The market was
nah quotations.: Commercial demand.
S4SSA; sixty days, 4.6A; ninety days
$ls67sc; francs, Paris and Havre, sixty
days, $5.iS; Swiss sixty days S5l93s;
marks, sixty days. 50 LIS.
Domestic eXchange-The tone Of the
market is quiet. Banks are buying. at
par and selling at lilo per cent. premium
for amounts TO $1,000 and over.
Securities-The market was steady, with
some money seeking investment.
Stocks and Bonds-State Bonds-Geor-
gia, 3i2 per cent. bonds of 1890, l02 BID,
1929 asked; Georgia 3ib per cents, due 1915
Az per cent. bonds. 1915, 1i4l4 bid, 1l5 asked,
South Carolina 4l2s, l0S bid, 10sl2 asked.
City Bonds-Atlanta Z per cent, l0l bio,
los asked; Augusta 4ias, 1926 1O5 bid, JOG
asked; Augusta per cent, ia bid, ll5la
asked; Augusta per cent, III bid ll5
asked; Columbus per cent, lO3 bid, ,04
asked; Macon s per cent, 1l415 bid, 115A
asked; Savannah 5 per cent, quarterly
July coupons. los bid. 1857 asked; savan-
nah 5 per cent, quarterly May coupons,
1o9 bid, 1882 asked; Charleston As. 90 BID,
SO asked.
Railroad Bonds-savannah Florida and
per cent interest coupons ll3l6 bid -
asked; Atlantic and Gulf first mortgage
consolidated per cent. coupons. January
and July maturity 1897, 102i5 bid, 1913
asked; Central Railroad and Banking
Company, collateral gold IS, 9Sla bid,
wa asked fsst Central Of Georgia
112 asked; Central Of Georgia railway
,c CO.. o. 5s 5o-year. gold bonds. IS
6id, 80 asked; Central OF Georgia railway
Central of Georgia railway second pre-
terTIed r5nconifs ,IIRs5AasE l6 asked; Cen
comes, 915 bid, 10l5 asked = Georgia railroad
Is 1910 112 bid, 1l3 asked; Charlotte. Coium-
Dla and Augusta first IS, 105 bid, 1O6 asked;
Charlotte, Columbia and Augusta second
mortgage Is, 115 bid, 116 asked; Georgia
southern and Florida new 5s, Sc bid "
asked; South Georgia and Florida first
Georgia and Florida, second mortgage IS.
lO0 bid, - asked; Savannah Americas
ana montgomery IS, 70 bid, II asked;
100 bid, lOl asked; City and Suburban
railroad first mortgage per cent bonds
70 bid. 50 asked; Electric Railway IS,
due 1895, 1872 bid, zl1a asked; Alabama Mid,
land per cent. Endorsed, IS bid. so asked.
Brunswick and Western, As = bid "a
asked; South Bound railroad S. - hid
70 asked; Southern Railway IS, 93lb bid
9415 asked Georgia and Alabama < COZ
sols % bid, "a asked.
Railroad Stocks-Augusta and Savan-
nah, 9219 bid, 93l2 asked; Georgia common.
40 bid, 175 asked Southwestern. 91s[ hid
92H asked; Atlanta and West Point Ran
road stock, 101 bid, l02 asked; Atlanta ana
West Point per cent. certificates 1O1ib
bid, 102 asked; Savannah Construction
ton Company, 74A bid, 75ls asked.
Gas Stocks-SaVannah Gas Light stock
23A bid. "a asked; Electric Light and pow,
er Company, 6215 bid 63ia asked
Bank Stocks Etc.-Citizens' Bank. 112IS
bid, 1872 asked; Chatham Bank, 49Ib bid
so asked; Germania Bank l09 bid no ask
ed; Merchants National Bank lO3 bid
1882 asked; National Bank of Savannah,
Ilru1r H.
and Trust Company, 1862 bid, l07ls asked;
Southern Bank of State of Georgia, III bid
172 asked; Savannah Bank and Trust Com
pany, 100 bid ITO asked; chatham Real Es
tate and Improvement Company, A, 81 bid
54lb asked; b, 81 bid 51ia asked; PEOPLES
Savings and Loan Company, 9lis bid, 9215
Factory Bonds-Augusta Factory IS. 1912
bid, JOG asked Sibley Factory IS, 1912 bid,
1882 asked; Enterprise FACTORY 6s lO5 bid,
100 asked; Eagle and PheniX Manufactur-
ing Company, per cent bonds. - bid, 81
Factory Stocks-Savannah Cotton Fac
tory - bid, SO asked; Eagle and Phenix
Manufacturing Company, bid, 10 asked;
Augusta Factory, IS bid, q asked; Gran
iteVille Factory, $50 bid 155 asked; Lang
ley Factory, los bid, 10 asked; Enterprise
Factory, common, 100 bid, lO5 asked; J. p.
King Manufacturing Company, lOS bid, 10
asked: Sibley Manufacturing Company, Is
bid, so asked; Savannah Brewing Company
London, May Paris advices quote
per cent. rentes, per cent. for the ac-
count.
New York, May Money on call was
easy at 262l5 per cent; the last loan was
at 90 and at the closing was offered at
~ per cent. Prime mercantile paper,
SEAS per cent. Bar silver Csc. Sterling
exchange easier, with actual business in
bankers bills, at $4S7$t IA. IS for sixty DAYS
and 81 SS24 d4.S9 for demand. Posted rates
"a $50 SO. Commercial bills, s. S63t "A S714.
Government bonds steady; state bonds
dull; railroad bonds were firm. Silver an
the board was quiet.
New York. May 1.-The treasury bal
ances were as follows: Coin, $126, 173, 654;
currency, $85,757SS5.
Northwestern, los; preferred, 146; Lake
Shore, 1884; Norfolk and Western pre-
ferred, 51a Western Union, 86A Southern
Railway common, 913; Southern Railway
timore and Ohio, II; Canada Southern.
500; St Paul. 7834; Delaware and Hudson
12712; Delaware, Lackawanna and West
ern, 159; Manhattan, 109; Michigan Cen
trail, 9712; New York Central, S.; specula-
ton firm.
New York May 1-Speculation at the
stock exchange, except in a few special
ties was at stanstin to-day. The sales
were the smallest for any day this week
footing up 106,5l4 shares, against IFS d00
shares yesterday. Tobacco was the rnosf
active, and figured 1920. The stock open-
ed slightly higher at ". broke to 69Iz raj
lied to IA and fell to 6Ss4 0I69js. The early
rise was due to the dismissal of the m
plication for an injunction seeking to re-
strain the payment of the scrip divf-
dend and decline to pressure of selling
on rumors that The injunction wouldn't
be finally disposed OF for at least two
months. In the meantime the Fafmers'
Loan and Trust Company is paying both
the cash and scrip dividends. Sugar St
Paul, Burlington and Quincy and Read
ing followed next in point of activity
SUGAR moved I'D 10 l2flA and recedcr "a