The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-05-21
FINANCIAL.

Domestic exchange-The tone OF the
market is quiet Banks are buying al
par and selling at lilo per cent. premium
Tor amounts Of $1,000 and over.
Securities-The market continues very
quiet and dull. with nominal quotations.
stocks and Bonds-State Bonds-Geor-
gia, 3l2 per cent. bonds OF $780, l02 bid
1924 asked Georgia 3le per cents, due 1915
l0l&4 bid, lG2ia asked; Georgia rs, Smiths.
maturity 1886. l0l1a bid 1927 asked: Georgia
~ per cent. bonds, 1915. 114la bid. lis asked I;
South Carolina AIS, l0Sia bid, 100 asked.
City Bonds-Atlanta per cent, l07 bid
los asked; Augusta 4l5s. 1925, 104 bid, 1Oj
asked; Augusta Z per cent, ia bid, 115ls
asked; Augusta per cent. III hid, 1l3
asked; Columbus per cent, 103 bid, 1O4
asked; Macon per cent, ll4b bid. 1885,
asked; Savannah per cent, quarterly
July coupons, 10Sla bid, 100 asked Savan-
l0SA bid, 1854 asked; Charlest As, So bid,
90 asked.
Railroad Bonds-savaI nah, Florida and
Western railroad general mortgage bonds
6 per cent. interest coupons. ll2 bid III
asked; Atlantic and Gulf first mortgage.
consolidated per cent coupons, January
asked; Central Railroad and Banlxin v
Company, collateral gold IS, IS bid.
90 asked; Central Of Georgia
ll2 asked; Central of Georgia rai1,yst
consolidated 5s, O-year gold bonds S7iL
bid, s915 asked; Central of Georgia railway
first preferred incomes, 29la bid 3Olb asked.
Central of Georgia railway second nre,
ferred incomes, 1415 bid, 15l5 asked; Cen
trail Of Georgia railway third preferred in
comes, bid, 10 asked; Georgia railroad
6s 1910, 112 bid, 112Is ask@d.
Charlotte. Columbia and Augusta
Gb5rott Ss' COLUMBIA O and A i asked
mortgage Is, 1lS bid, ia asked: GEORGIA
Southern and Florida news 5s, 96lk bid. NiS
asked; South Georgia and Florida first
Georgia and Florida, second mortgage 7s
i05 bid, asked Savannah, Americas
Steamship 5
- bid. 10l asked; City and Subiirbs5
railroad first mortgage Z per cent. bonds
due 1885. 10 bid. 20 asked; Alabama may Ma "a,
land per cent; indorsed, SO bid 80 asked /:
Brunswick and Western, As - bid 75
asked; South Bound railroad 5s, = bid
rs asked; Southern Railway IS, 9lH hid
921b asked; Georgia and Alabama 8 con,
soils. % bid, "a asked.
Railroad StockB-Augusta and Savan-
NAH 911a bid, 9215 asked; Georgia common
1863 bid 173 asked; Southwestern gOIb Hi
9lIa asked; Atlanta and West Point rail
road stock 10l bid, 1O2 asked; Atlanta and
West Point per cent. certificates. ioii%
bid 1O2 asked; Savannah Construction
| ton Company, 741s bid, 7ozs asked
Gas Gtocks-Savannah Gas Light stock.
| 22I5 bid, % asked; Electric Light and Pow,
Bank Stocks, Eac.--Citizen's Bank, liz
| bid, 1872 asked; Chatham Bank, 1917 bid.
| so asked; Germania Bank, 100 bid, ITO ask.
ed; Merchants National Bank, 10l bid.
i02 asked National Bank of Savannah
134 bid 1876 asked, Oglethorpe Savings
and Trust Company, 1864 bid, 1075b asked -:
Southern Bank of State OF Georgia III bid
172 asked; savannah Bank and Trust Com
pany 1851 bid, 1O91s asked; Chatham Real
Estate and Improvement Company A 81
bid, 54Ih asked; B. 81 bid, Sly asked: Peo-
pies Savings and Loan Company, 81 bid,
Factory Bonds-Augusta Factory IS. 1O2
bid 103 asked; Sibley Factory 6s lO2 bid
1O3 asked; Enterprise Factory 6s i02I5 hid
103 asked; Eagle and Phenix Manufactur,
ing Company, per cent. bonds, rs bid so
asked.
tory - bid, SO asked; Eagle and Phenix
Manufacturing Company, bid. 10 asked .
Augusta Factory, IS bid, 78 asked; Gran
iteVille Factory, $50 bid, 155 asked Lang
ley Factory, 10S bid, ITO asked; Enterprise
Factory common, 100 bid 105 asked; J. p
King Manufacturing Company, los bid, 10
asked; Sibley Manufacturing Company, rs
bid, rs asked; Savannah Brewing Company
London, May 2O.-Bar silver, 81 Lied; con-
soils 112 7-16, for money, and 112 GIG for
the account. Paris advices quote 8 per
cent. rentes, 102 francs 421a centimes, for
New York. May 2O.-Money on call was
easy at 2d21s per cent; the last loan was
at 25h per cent, and at the closing was Of
fered at 212 per cent. Prime mercantile
paper, 54515 per cent. Bar silver, 677sc.
Sterling exchange firm, with actual bus
mess in bankers bills at 4.S71ad4&24, for
sixty days, and $.S81a04. SSs4, for demand.
Posted rates aatf o7; &SSa4 S9.s Commercial
a.
were steady; state bonds were neglected;
railroad bonds were steady. Silver at the
board was dull.
New York, May 20.-The treasury bal
anceswere as follows: Coin, S113 761, $50;
currency, $50, 637. 24S.
, New York, May 20, noon.-Erie 1fz;
Northwestern, 1915; preferred, 1i8; Lake
Shore, 14SA; Norfolk and Western, pre-
ferred 81; Western Union, So; Southern
Railway, common, 81; Southern Railway
preferred. 30; American Sugar, 100; Balt-
Canada n
st. Paul, IT'S; Rock Island, 20; Delaware
and Hudson, 125; Delaware, Lackawanna
and Western, 100; Manhattan, 1922 Michi-
gan Central, 931a; New York Central, 1854
Speculation dull and barely steady.
New York, May 2O.-Stocks were intense
" dull to-day, except for sugar, which
figured for 81, 200 shares in a grand total
of 119,35S shares. The stock ruled weak
until just near the close, when it suddenly
spurted up 2%4 to 122A. The early weak
ening was due to short selling by local
turbed by the further reduction of sc in
the price of refined and the reports of
poor trade conditions. At the decline,
however, one Broadway concern, which
usually acts for the leading bear operator
purchased nearly 5000 shares of the stock
and this started buying for both accounts
The rapidity of the advance alarmed the
shorts and on their efforts to recover
they bid prices up on themselves The
railway list during the morning session
was steady to firm, but subsequently the
market displayed weakness and then drift
ed into dullness. London was a moderate
seller of certain stocks, but bought a few
bonds. Its operations, however, had no
influence on the market whatever Some
of the foreigners bought a little Denver
and Rio Grande preferred, on the theory
that the dividends will be resumed shortly
The engagement of $4,000 of gold for ship
ment tomorrow, and the belief that fur
Their amounts will be forwarded on Satur-
day was offset by semi-oficiai
statements that brokers have placed
several blocks of railroad bonds
in London. The market in the last half
hour of business showed a little more life.
the sharp rally in Sugar having started
up a better inquiry for the general rail
way list. Speculation closed strong in
tone Net changes show advances of IA
23s per cent, Sugar leading. Bonds quiet
and firm. The sales aggregated 81, 297, 900.
New York stock disclosing hids-stocks
and bonds-American Cotton Oil, 13; do
preferred, 545s; Sugar Refinery, 122la; do
preferred 103; American Tobacco, 65s4 do
preferred 90. AtchisOn, T. and S. F., 15js;
Baltimore and Ohio, IS; Canada Pacific,
61A; Chesapeake and Ohio, 1898; Chicago
and Alton, 157; Chicago, B. and O.. 785s
Chicago Gas 672i; Delaware, Lackawanna
and Western, 60; Distillers, Cattle Feed
ers, 1874; Erie. 1ila; do preferred, S62 Edi-
son General Electric, 341s; Illinois Central,
95ih: Lake Erie and Western 17e.: do pre-
=.