The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-02-12
FINANCIAL.
Nfnnev-Sfeadr


Money-Steady.
barely steady. The following are net Sa-
vannah quotations: Commercial demand.
A.s9A; sixty days, S4.S6Sl, ninety days,
$3.50; francs, Paris and Havre, sixty
days, $50; Swiss sixty days, $5.217s;
marks, sixty days, 959s.
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 extremely
quiet and dull, except bank stocks, which
are in fair demand, with limited offerings.
Stocks and Bonds-State Bonds-Geor-
gia, 312 per cent. bonds Of 1880. lOl bid.
10l% asked; Georgia 312 per cents, due 1915,
1902 bid 1922 asked; Georgia AZ per cent
bonds. 1915. 11415 bid, 115 asked: Georgia
Smiths. maturity 1896, 101 bid. 1011z asked;
South Carolina AIS, 107 bid, los asked
City Bonds-Atlanta z per cent. 107 bid,
JOS asked; Augusta 4l5s, 1925, l05 bid, los
asked AAg uggsa peer cent cent III S 6d h
asked; Columbus per cent, 1O3 bid, 104
asked; Macon per cent, ZIG bid,
terly April coupons, 10Sl2 bid, 100 asked;
Savannah 5 per cent, quarterly May
coupons, 10Sl9 bid, : asked; Charles
ton As, 50 bid. SO asked
Railroad Bonds-Savannah. Florida and
Western railroad general mortgage bonds,
per cent. interest coupons, 113 bid. ia
asked; Atlantic and Gulf first mortgage,
consolidated per cent. coupons. January
and July maturity, 1897, 102 bid, 103 asked;
Central Railroad and Banking Company
collateral gold 5s, "a bid, 81 asked; Cen
trail of Georgia Railway first mortgage
IS, 1915, 100 bid Ill asked; Central of
Georgia Railway consolidated 5s, 5O-year
Georgia Railway, first preferred incomes,
80 bid. % asked when issued;
ond - O preferred incomes, Il bid,
16 asked when issued Central of
Georgia Railway third preferred ilcomes,
1S asked when issued; Georgia railroad
6s 1910, Ill bid. liz asked: Charlotte. Col
umbia and Augusta first 5s, 1O5 bid 1O7
asked; Charlotte, Columbia and Angus
Georgia Southern and Florida news IS 95
bid IS asked; South Georgia and Florida
first mortgage Is, 1O5 bid, : asked; South
Georgia and Florida second mortgage Is,
1O4 bid, - asked; Savannah, Americus and
Montgomery 5s, 50 bid, So asked; Ocean
s. aRed cy S Snd 0Pdf s2O e BID
first mortgage z per cent bonds 76Jb bid
70 asked; Electric. Railway IS, due 1885
wick and Western As, bid, rs asked:
South Bound railroad 5s; bid; IS asked;
'f RaiiToad stocfs-Augusta O and 1 1 saSan-
common. 10 bid. y asked; Georgia com
mon, 10 bid, 176 asked; Southwestern, g2ib
bid, 931a asked; Atlanta and West
Point railroad stock, SO bid, -01 asked;
AaFta an9 % bd fSi loo O asked Gg9
Construction Company, rs bid, n asked siati.'"
Gas Stockss1-Savannah Gaslight stock,
ana Power 9% company b Se s. asked Light
Bank Stocks. Etc.-Citizens' Bank.
II bid, III asked asked; Chatham Bank,
1O7 bid, 1OS asked; Merchants National
Bank 102 bid, asked; National Bank
Of savannah 1914 bid. 1922 asked Ogie-
bid los asked; Southern bank of State of
Georgia 166 bid, 16S asked; Savan-
nah Bank and Trust Company. 1o6 bid,
asked; Chatham Real Estate
and Improvement Company, A, 53Ib bid
5iA asked; b, 81 bid, 5l15 asked:
Title Guarantee and Loan Company, 92B
Factory Bonds-Augusta Factory. IS
1O2lh bid, 10l asked; Sibley Factory 6s 100
bid. 101 asked; Enterprise Factory 6s, lO5
bid 100 asked; Eagle and PheniX Manu-
featuring Company, per cent. bonds, 50
bid, S215 asked:
tory, 60 bid, Ga asked; Eagle and Phoenix
Manufacturing Company, 25 bid, p asked;
Augusta Factory. u bid. 80 asked; Gran
iteville Factory, 1856 bid 1853 asked; Lang
prise Factory, common, 101 bid, 1O4 asked; ;
J. p. King Manufacturing Co, los bid. ITO
so bid SO asked Savannah Brewing Com
pany, "a bid, Sc asked.
New York. Feb. n.-Money on call was
easy at 3d5 per cent, the last loan at 8
per cent, and at the closing was offered
at per cent. Prime mercantile paper go
per cent. Bar silver, 673sc. Sterling ex-
]
bankers bills at $4S6A "a. S61a for sixty days
and $4S712G4.87a4 for demand. Posted rates
$4.S7Q4. SS1s; former commercial bills, S4.S514
"a. Sc. Government bonds easier; state
bonds, higher; railroad bonds were firm
silver at the board was steady.
New York, Feb. II, noon.-Erie, 167s;
Shore, 145lz; Norfolk and Western pre-
ferred, 8; Western Union, $50; Southern
Railway common 1914: do preferred, 33
"a; Canada Southern, 81: st. Paul, 1871
Rock Island, 73A: Delaware and HUDSON
129; Delaware, Lackawanna and Western,
1921; Manhattan, lila Michigan Central
81; New York Contra, 50.
New York, Feb. 11.-While business at
the Stock Exchange was on smaller scale
than yesterday the tendency of prices for
the prominent railway issues was down.
ward The change in sentiment was not
entirely unexpected, as small plungers
have rather been reckless in their pur-
chases The first disappointment encoun-
tered by the bulls was the failure of
American securities in London to respond
to the pacific utterances of the queen to
parliament in the matter of the Vene-
zuelan dispute. Foreign houses reversed
their position and sold; sterling exchange
developed a little more strength, again
there was selling by traders who inva-
| riabIe even up contracts on the eve of
a holiday. Sugar was the most active
| stock, and closed about 2 points lower,
| AT 111ss on fears of hostile legislation at
| Washington Manhattan scored the wild
! est fluctuations. The stock opened slightly
| higher at 112, rose to 1872, and finally
broke to 1888. on efforts to realize. The
! best hid at the close was 10S. Denials of
| the recent reports about leasing the prop
| erty to the traction people had considera-
| HE to do with the slump at the close.
/ Tobacco was feverish and ranged be-
! tween rs and so, with the final transactions
| at 1871. Leather preferred jumped points
! to 673 and later fell to 60. General cleo
| tTic made new high record, selling up
! 70 within a fraction of SS on rumors that
| the company had secured important new
| cootracts The Anthracite CoalerS were
1 heavy throughout the day. In the after
| noon trading the early selling movement,
which had been checked by the rise in
| certain special ties, was resumed,
| and near the close the lowest
! fe1res of the day were current
| in a. number of instances. The market left
| off weak. net changes showing losses OF
| i652 per cent Manhattan and Delaware
| 81 II,ldsor1 were in the lead. General cleo