The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-05-26
FINANCIAL.


FINANCIAL.
Money-Steady.
Foreign Exchange-The market was
firm The following are net Savar-
nah quotations: Commercial demand.
Sis8A; sixty days, %-SIA; ninety days,
days, $5.lS; Swiss, sixty days, S5.19:s:
marks, sixty days, % Lilo.
Domestic eXchange-The tone Of the
market is quiet Banks are buying at
par and selling at lilo per cent. premium
for amounts OF 81, 600 ana over.
Securities-The market continues very
Stocks and Bonds-Stale Bonds-Geor-
gia, 81 per cent. bonds of 1890, lO2 bid
l02S4 asked; Georgia So per cents. due 1915.
maturity 1896, 1917 bid 1929 asked; Georgia
AZ per cent. bonds. 1915, 11ila bid. Is asked;
South Carolina BPS, 1882 bid 100 asked.
City Bonds-Atlanta per cent, lU7 BID,
Jos asked; Augusta 41as, 1925, i04 bid Jos
asked; Augusta 7 per cent, 1lfa bid 1l5la
asked; augusta per cent, ll2ia bid, 1l3
asked; Columbus per cent, 103 bid, .O4
asked; Macon 8 per cent. ia bid. 1l5
asked: Savannah 8 per cent quarterly
! July coupons, lose bid, 109 asked: Savan-
nah 3 per cent, quarterly August coupons,
l0Sl2 bid, lO9 asked; Charleston is, 50 BID
Railroad Bonds-SavaI nah, Florida ana
| Western railroad general mortgage bonds
G per cent. interest coupons 112 bid, ia
| asked; Atlantic and Gidf first mortgage,
| consolidated per cent coupons, January
and July maturity, 1897, 102h bid 1853
| asked: Central Railroad and BANKING
Sompa asked '0a central 0id % g 5d
railway trs{ mfGrt}gags s., 1915, Iii pa
! consolidated IS, 50-year gold bonds 81
/ bid SIS asked Central of Georgia railway
/ first preferred incomes, 20 bid, 80 asked;
| ferred incomes. "A bid Is asked; Cen
! trail of Georgia railway thirl preferred IN
comes bid y ASKED 5d Georgia S15g railroad
Charlotte. Columbia and Augusta
frst IS. lo5 bid. lo5k asked;
| mortgage Is 113 bid, Ia asked; Georgia
! Southern and Florida news 5s 96ib bid giS
asked; South Georgia and Florida FIRST
mortgage Is, 100 bid. - asked; South
! Georgia and Florida, second mortgage Is.
! los bid, asked; Savannah. Americus
and Montgomery IS, 20 bid, n asked;
| - bid, 10i asked; City and Suburban
railroad first mortgage per cent. bonds,
/ due 1885, 10 bid, 20 asked; Alabama Mil.
| land per cent; indorsed. 50 bid 30 asked:
/ asked: South Bound railroad IS, - bid
! rs asked Southern Railway IS, % bid
/ SO asked; Georgia and Alabama 5 CON
Railroad Stocks-AuEusta and savan-
nah. 911a bid, 921s asked; Georgia common.
] l69 bid Ill asked; Southwestern, 80 bid
| n asked; Atlanta and West Point rail,
| road stock, 101 bid, 102 asked; Atlanta and
! West Point 6 per cent. certificates, 1919
bid. 1O2 asked 7., sa hid 79i Construction
| Gas Stocks-Savannah Gas Light stock
| 22I5 bid, q asked; Electric Light and Pow,
! er Company, 6215 bid, 63A asked
rank Stocks, Eac.-Citizen's Bank ia
| bid, ia asked; Chatham Bank, 1917 bid.
! 20 asked; Germania Bank, 1O9 bid, li6 ask
ed: Merchants National Bank, l0i bid
! 102 asked; National Bank of Savannah
! 1341b bid, 1876 asked; Oglethorpe Savings
| and Trust Company, 1854 bid, 1O7Ib ASKED:
Southern Bank of State of Georgia, III bid
| ia asked; Savannah Bank and Trust Com,
| pany 1851 bid, 1922 asked; Chatham Real
| estate and Improvement Company, A. 81
hid. 5415 asked; B, 81 bid, sly asked; Peo-
pies Savings and Loan Company, 81 bid,
| 90 asked.
| bid. 1903 asked; Sibley Factory IS, 102 bid
1903 asked; Enterprise Factory Is, lO215 bid,
| 1903 asked; Eagle and Phenix Manufactur-
ing Company, per cent bonds, rs bid, so
Factory Stocks-Savannah Cotton Fac
| tory - bid, SO asked; Eagle and Phenix
Manufacturing Company, bid, 13 asked |:
Augusta Factory, rs bid, Is asked; Gran
iteVille Factory, $50 bid, 155 asked; Lang
| lev Factory, 10S bid, 40 asked; Enterprise
| Factory, common, 100 bid, 105 asked; j. p
King Manufacturing Company. los bid. Ito
asked; Sibley Manufacturing Company. rs
bid, rs asked; Savannah Brewing Company
| - bid. ~ asked
New York, May 25.-NGoney on call was
! easy at 101h; the last loan was at H.
| and at the closing was offered at IL
| Prime mercantile paper, 5Q512c. Bar sill
| yer, 6S1sc, sterling exchange quiet, with
| actual business in bankers bills at AS79s
| 14S7s4 for sixty days, and $4.SS15d4 8S24
| for demand. Posted rates, A.S8M4891s.
Commercial bills, $4.S61k@4@ Govern
| ment bonds lower; state bonds dull and
easier. Silver at the board was frmer.
| New York, May 25.-The treasury bal
ances were as follows: Coin, $l1O.SSS, 982;
'q New WY YORK sSR, May %, noon.-Erie, a.:
| Northwestern 106 preferred 1852; Lake
Shore, 149; Norfolk and Western prefer
red So; Western Union, S5A; Southern
! Railway common, ga Southern Railway
| preferred, 800; American Sugar, 1895;
| Tala .
| Delaware and Hudson, 1926; Delaware,
| Lackawanna and Yves tern, 1917; Manhat-
tan, 106; Michigan Central, So; New York
| Central, 967s. Speculation quiet and rather
New York, May 25.-Trading at the stock
| exchange continues largely of a profess
| siondl character. To-day the room traders
| and the leading operators active in the
| market were of bearish turn of mind. The
| engagement. of 81 900 gold for shipment
to Europe Sy tomorrow steamers; the be
| lief that fully S4.000000 will be forwarded
this week, and the small increase in the
third week of the current week,
| however were all factors in the
market The falling off in the earnings of
corn were especially disappointing to the
| bulls on stocks. The fact that commission
houses were practically without orders for
easy for the bears to bring about a lower
range of values. On Saturday, this class
| of business was quite a feature, and its
| sudden subsistence is difficult of eXplana-
| ton. London houses did nothing, the
| stock exchange being closed there on ac-
| count of the observance of Whit Monday.
| How the foreigners will take the passing
! of the Butler bond bill by the Senate, If
| that body finally consents to approve the
| measure. was discussed. Foreign bank
| ers generally were OF the opinion thai the
| bin will never get through the House, and
| II by accident It should, it will never re-
| ceive executive sanction. in its present
| form The total transactions were IL. ll6
shares, Of which sugar inquired Ior = 800, w
| shares. The stock was compare tlye;.y hfm