The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-07-14
FINANCIAL,
Monev-Steady

FINANCIAL.
Money-Steady.
Foreign Exchange-The market was
firm. The following are net sa-
vannah quotations: Commercial demand
$4.S712; sixty days, S4S61z; ninety davis
$4.S6ls; francs, Paris and Havre, sixty
days, $5.B; Swiss, sixty days, s.. 1872.
marks, sixty days, IS 1-16
Domestic EXcnange.-Steady Banks are
buying at Is per cent. discount and selling
as follows: For amounts to So lOc prem
ium; to $50, 10 cents premium; to SiOO 20
for 500 or over at par.
Securities-The tone of the market IS
firm for state bonds; other securities in
clined to dizziness
Stocks and Bonds-state Bonds-Geor-
gia, Sls per cent. bonds of 1880 lOllb ia.
102 asked Georgia 312 per cents. due 1g15'
1O1A bid, 1914 asked; Georgia AZ per cent,
4 ger cent, due 1926, 100 bid 1884, asked.
South Carolina AIS. 104 bid, 1O5 asked
City Bonds-Atlanta per cent, los bid;
JOG asked; Augusta 41as, 1926, 1903 bid. 1921
asked; Augusta per cent, 1l41a bid. 1l5i5
asked; Augusta 8 per cent, Ill bid, ILL.,
asked; Columbus per cent, 1O3 bid, lOl
asked; Savannah per cent. quarterly
July coupons, 1924 bid no asked; Savan-
nah per cent, quarterly August coupons
100 bid. 1921 asked; Charleston As, SO bid
Railroad Bonds-Savannah, Florida and
Western railroad general mortgage bonds.
per cent. interest coupons, III bid. ia
asked; Atlantic and Gulf first mortgage,
consolidated Z per cent coupons, January
and July maturity, 1897 l01 bid, lOli5
asked; Central Railroad and Banking
COMPANY ssS:d; ool eentra bold 5s g bid
railway first mortgage 5s, 1915, = BID.
112 asked; Central of Georgia railway
consolidated 5s, 50-year gold bonds. SsiS
bid, SS52 asked; Central of Georgia railway
first preferred incomes, - bid, % asked:
Central of Georgia railway second pre-,
ferred incomes. = bid, "A asked; Cen
trail of Georgia railway third preferred in
comes, bid, . asked; Georgia Rail-
road 6s, 1910, 10 bid, Ill asked;
Charlotte, colum In1ia and Augusta
Columbia and Augusta second mortgage
Z, Ill bid, 112 asked; Georgia Southern
and Florida new 5s, 1872 bid 94l5
asked; South Georgia and Florida first
Georgia and Florida, second mortgage rs,
los bid, asked; Savannah, Americas
and Montgomery IS, ssh bid, 691z asked;
Ocean Steamship 5 per cent. bonds, 1928,
81 bid, IS asked; City and Suburban
railroad first mortgage per cent. bonds,
rs bid, Is asked; Electric Railway So,
due 1885, - bid, % asked; Alabama Mid
land 5 per cent. Endorsed. 921z bid, 9S1z ask
ed; Brunswick and Western As, - bid rs
asked; South Bound railroad 5s, = bid.
IS asked; Southern railway IS, SO bid,
soils, 70 bid, "a asked.
Railroad St0cks-Augusta and Savan-
nah. slla bid. % asked. ex-diy.;
asked; Southwestern. 90 bid, 81
asked, ex-div.; Atlanta and West Point
railroad stock, SO bid 100 asked; Atlanta
and West Point 6 per cent. certificates 81
bid, 9S asked; Savannah Construction
Company, = bid. 70 asked.
Gas Stocks-Savannah Gas Light stock,
221a bid, 2S1s asked; Electric Light and
Power Company, 90 bid, 81 asked, ex-div.
Bank Stocks, Etc,-Citizens Bank Ill
bid. 11115 asked, ex-div.; Chatham Bank,
= bid, AS asked, ex-div.; Germania Bank,
= bid 1O7 asked, ex-div.; Merchants Ma
tional Bank, 92h bid, IS asked; National
Bank of Savannah, 131 bid, 1872 asked, ex-
div; Oglethorpe Savings and Trust Com
pany, 104 bid, 105 asked, eX-div.; South
ern. Bank of State of Georgia. 1914 bid,
1851 asked, eX-div.; Savannah Bank and
Trust Company, bid, 1O12 asked, eX-
div; Chatham Real Estate and Improve
ment Company, A, 5312 bid, 81 asked; B,
80 bid, 501s asked, evdiv.; Peoples Savings
and Loan Company, 9115 bid. 9213 asked.
Factory Bonds-Augusta Factory 6s, 102
bid, 103 asked; Sibley Factory IS, 100 bid,
1902 asked; Enterprise Factory 6s, 103 bid,
104 asked; Eagle and PheniX Manufac-
turing Company, per cent. bonds, - bid
Factory stocks-savannah Cotton Fac
tory, - bid, 50 asked; Augusta Factory.
n bid so asked, ex-div.; Graniteville Fac
tory, 145 bid, $50 asked; Langley Factory,
108 bid 10 asked; Enterprise Factory,
common, 9S bid. 1O2 asked, ex-div.; J. P.
King Manufacturing Company, 105 bid,
10S asked; Sibley Manufacturing Compa-
ny. Is bid. rs asked ed ssyannah Brewing
London, July 1S.-Bar silver, 81 7-16; con-
soils, 1895 for money and 1881 for the ac-
count. Paris advices quote 3 per cent.
rentes 1OS francs and So centimes for the
account
New York, July 1S.-Money on call was
easy at 11aG2 per cent; the last loan was
at per cent; and at the closing was Of
fered at 2 per cent. Prime mercantile pa
per- 5G51s per cent. Bar silver, 6SSsc.
Sterling exchange frmer at actual bust
ness in bankers bills at $4S71zlq4.S7 12 for
sixty days, and $4S8A for demand. Posted
rates, $4.SSG4S9. Commercial bills, 1880
1861. Government bonds were lower.
State bonds were weak. Railroad bonds
were weak. Silver at the board was cas-
Ter.
New York. July 1S.-The treasury bal
ances were as follows: Coin $1O6 9O2, O55;
currency $S2,s12,S29.
New York July 49, noon.-Erie, 14A
Northwestern, $50; preferred 1872; Lake
Shore, 14S4; Norfolk and Western prefer |
red, IL Western Union, S23s; Southern |
Railway, common, 9; Southern ,od Railway
timore and Ohio, II; Canada Southern, |
45A; st. Paul, Is; Rock Island, SPA Della |
ware and Hudson, 1874; Delaware, Lack |
9714; Michigan Central. 81; New York Cen |
trail, 49, Speculation weak.
New York, July 13.-Not little disap- |
pointment was felt in stock circles to-day, |
because of the failure of London to re- |
spond to the rise in this market on Sat |
urday. This led to sales by local trad |
ers at the opening, and subsequently, |
when 1t became known that the posted |
rates Of sterling exchange had been adj |
yanced IL per cent. to 81. $50 for long, and |
4S9 for demand, and that large with |
drawals Of gold from the sub-treasury |
were talked of, the pressure to sell in |
creased. It subsequently transpired |
that the Withdrawals from the treasury |
had been exaggerated for speculative eff |
fect, but owing to the bearish temper of |