The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-01-12

Stock same day last year =. 1917 195, So
Receipts same day last year 2li 4.H
GR2 ei s. 2s J2 2eceBig T2 " easES
Rosin. good strained, steady; $1.l0dL2J;
receipts, 203 barrels.
steady; strained, Sl.35; good strained. Sli
Spirits turpentine firm; machine, 29c; ir-
regular, 2Sl2c. Tar steady at 95c. Crude
turpentine. nothing doing.
New York, Jan. 11.-Rosin dull, I'M
changed. Turpentine firm, unchanged.
FINANCIAL.
Money-Steady.
Foreign Exchange-The market was
steady. The following are net Sa-
vannah quotations: Commercial demand,
A.s13s; sixty days, Sassy; ninety days,
a. S6ls francs, Paris and Havre, sixty
days $5.l9A; Swiss sixty days, 1921;
marks. sixty days, "a 1916.
Domestic Exchange-The tone of the
market is steady. Banks are buying at
l-l6c discount; selling at, up to S25, loo;
up to $50, 15c; up to 500, zoe; up to 800,
Is c; up 10 $500 Is per cent; $500 and over,
1-l6 per cent.
eeurities-Market extremely dull and
quotations generally nominal.
stock and Bonds-State Bonds-Geor-
gia, Sla per cent. bonds of 1890, 1914 bid,
l02 asked; Georgia 49, per cents, due 1915.
l02 bid, 1924 asked; Georgia AZ per cent.
bonds 1915, ll4R bid, llo asked; Georgia
smiths maturity 1895, lVl bid, lOl1k asked;
City Bonds-Atlanta per cent, 107 bid,
- asked; Augusta AS 1925, 1O4ia bid, 1851
asked; Augusta per cent, 1l5 bid. no
asked; Augusta per cent. 40 bid, Ill
asked; Columbus 8 per cent, Jos bid, 100
asked; Macon per cent, 1l6k bid,
1l61z asked; Savannah 5 per cent. quar-
terly April coupons. 10S bid, asked;
Savannah per cent. quarterly Feb
ruary coupons, 1903 bid, 109ia asked;
Charleston As, 90 bid. 90 asked.
Railroad Bonds-Savannah, Florida and
western railroad general mortgage bonds,
6 per cent interest coupons, ll2 bid, 1l3
asked; Atlantic and Gulf first mortgage.
consolidated per cent coupons, January
and July maturity, 1897, 10l bid, 1O2
asked; Central Railroad and Banking
Company. collateral gold IS, 80 bid, IS
mortgage 5s, 1915, 112% bid 1872
asked; Central of Georgia Railway con-
500 asked; Central of Georgia Railway,
LIST preferred incomes, SO asked when
Issued; Central Of Georgia Railway % pre-
ferred incomes, IS bid, % asked when is
sued; Central of Georgia Railway Sd pre-
ferred incomes. 10 asked when issued;
Georgia Railroad 6s. 1910, 1l3 bid, lis
first S. 1914 bid, los asked; Charlotte, Co
lumbia and Augusta second mortgage rs,
ll2 bid, 11S asked; Georgia Southern and
Florida new 5s, 80 bid, "a asked;
mortgage rs, 100 bid, - asked; South Geor-
gia and Florida second mortgage rs, 1O5
trust certificates, Endorsed, by Central
railroad, GO bid, 81 asked; Savannah,
Amerlcus and Montgomery 5s. bid,
bonds 1920, 50 bid, 81 asked; CITY
and Suburban railroad first mortgage I
per cent. bonds, IS bid, 50 asked Elec-
Alabama Midland 5 per cent, Endorsed
80 bid. 81 asked Brunswick and West
ern 4s, bid. e 70 asked; South Bound
Railway IS, 81 bid, So asked. southern
Railroad Stocks-Augusta and Savan-
nah, = bid. 9S asked, ex-div.;
fraI !
georgia common, $50 bic bid. "SA1 ia
asked; Southwestern, 80 bid 81 asked:
ex-dividend Central per cent. certificates
Y bid, p asked; Atlanta and West Point
Nailroad stock, 80 bid, 101 asked, ex-div. !;
Atlanta and West Point per cent Ger.
tifcates, 80 bid, 100 asked, eX-interest; Sa-
vannah Construction Company, 70 bid
Gas stocks-savannah Gaslight stock,
22l4 bid. % asked; Electric Light and Pow
er Company SO bid 20 asked, ex-div.
Bank Stocks Etc.-Citizens' Bank.
Chatham Bank. ex-diyidend, g bid. 50
lO71s asked ex-div; Merchants Ma,
tional Bank, 101 bid 102 asked, eX-dividend:
National Bank of Savannah, 1870 bid. lSi
asked ex-dividend; Oglethorpe Savings
and Trust Company, 100 bid, 10i asked eS-
dividend; Southern Bank of State of
Georgia, 1852 bid, 164 asked, ex-divdend; Sa-
vannah Bank and Trust Company. 1O5S
bid, 1864 asked, ex-div.; Chatham Real
Estate and Improvement Company A 5lIL
bid, 5214 asked 3, 90 bid, 50l2 asked, both
ex-tividend; Title Guarantee and Loan
Company, - bid. 50 asked
Factory Bonds-Augusta Factory IFS
1903 bid l04 asked; Sibley Factory Is lax
bid, 104 asked; Enterprise Factory Is. lO4
bid, 1O5 asked; Eagle ana Phenix Manu-
featuring Company, per cent bonds, so
Factory Stocks-Savannah Cotton Fac
tory, go bid, 65 asked; Eagle ana Phoenix
Manufacturing Company, % bid, q asked:
Augusta Factory, II bid. 50 asked; Gran
iteviIle Factory, $50 bid, l62 asked; Lang
ley Factory, 1919 bid, 1882 asked Enter
prise Factory common. 100 bid, 10l asked;
J. =. King Manufacturing Co. los bid 1909
asked; Sibley Manufacturing Company.
so bid IS asked; Savannah Brewing Com
pany. So bid 50 asked.
New York, Jan. n--Money on call was
at IL per cent Prime mercantile paper,
7Q9 per cent. Sterling exchange steady
with actual business in bankers bills at
$4.S91hd4S9% for sixty days and 81 S9G
4S94 for demand. Posted rates, 81. SS1
4S9l2: commercial bills. S4.S6l504S7l4
Government bonds easier; state bonds
were dull; railroad bonds were firm
New York, Jan. 1.-THE treasury bal
ances were as follows: Coin, $s2, 542 999;
New York, Jan. 1.-THE weekly state
ment OF the associated banks shows the
1903 425; loans, decrease, $7,372, 800; specie
Increase, S239l, 800; legal tenders increase.
Si,925 400; deposits, decrease, S3A6 100; CIR
culation increase. $40, 700. The banks now
holds S27, 1SS,100 in excess of the require
ments of law.
New York, Jan. 1.-THE New York
Financier says this week: The statement
of the New York clearing house BANK
for the week ending Jan II is a logical re-
Election Of the. present trend of events
brought about by reason of the cali for a
popular loan. although as an exhibit or
the weeks business IL is not satisfactory
Tbs principal feature, considering the cir
cumstances, is an Lcrease Of s., 40S 425 in
the reserve, which makes the total sum
held by the New York banks above their
legal requirements W, lS5 100 In view OF
the fact that the New York banks NAV
be drawn upon heavily within the next
thirty days by interior institutions, the
Increase becomes a matter Of some inn
portauce. IT was brought about apparent
ly by the flow Of money to New York, the