The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-08-02
FINANCIAL.
Nonev-steadv

Foreign Exchange-The market was
firm. The following are net Sa-
yannah quotations: Commercial demand,
ASlA; sixty days, A.S; ninety days,
si.s6A; francs, Paris and Havre, sixty
days. $5.l7N; Swiss, sixty days, S5.l9;
marks, sixty days, 50.
Domestic EXchange-Steady. Banks are
buying at par and selling as follows: For
amounts to S25, Toe premium; to $50, 15c
premium; to 500, zoe premium; TO 500, 25c
premium; from 500 up TO $1,000, Is per cent
premium; amounts over $1,000, at 500 per
seeurlties-The market is again inactive
and very dull; irregular quotations.
Stocks and Bonds-State Bonds-Geor-
gia, 3iA per cent. bonds Of 1880, 1O1 bid,
102 asked; Georgia 3h per cents. due 1915,
10ih bid, 1919 asked; Georgia AZ per cent.
bonds, 1915, 1924 bid, 1874 asked; Georgia
4 per cent, due 1926 1851 bid, 1924 asked
South Carolina 4iks, 104 bid, 105 asked.
City Bonds-Atlanta per cent, 1O5 bid;
LOG asked; Augusta AIS, 1925, l04 bid. 1Nh
asked; Augusta per cent, rs bid, ia
asked; Augusta per cent, 1l2 bid, ll3
asked; Columbus per cent, 103 BID, 10l
asked; Macon per cent, ia bid, lis
asked Savannah s per cent, quarterly Oc-
tober coupons, 1924 bid 109A asked ;Savan-
nah per cent, quarterly August coupons,
10s bid, 1914 asked; Charleston As, "a bid.
IS asked.
Western railroad general mortgage bonds,
6 per cent. interest coupons, 112 bid, ia
asked; Atlantic and Gulf first mortgage.
consolidated
and July maturity 1885,. l0l bid, 1915
asked; Central Railroad and Banking
Company, collateral gold 5s, IS bid.
So asked; Central of Georgia
railway first mortgage 5s 1945, bid,
112 asked; Central Of Georgia railway,
consolidated bs, 5O-year gold bonds 81
bid. ssh asked; Central of Georgia railway
first preferred incomes, "a bid, 25lb asked;
Central Of Georgia railway second pre-,
ferred incomes, bid, u asked; Cen
trail of Georgia railway third preferred in
comes, - bid, asked; Georgia Rail-
road 6s, 1910, 10 bid, 112 asked;
Charlotte, Columbia and Augusta
first 5s, bid, 1881 asked; Charlotte,
Columbia and Augusta second mortgage
and Florida new 5s, bid, "a
asked; South Georgia and Florida first
mortgage Is, l06 bid, asked; South
Georgia and Florida, second mortgage Isl
lO5 bid, asked; Savannah, Americus
and Montgomery IS, bid, 6S asked !;
Ocean Steamship per cent. bonds, 1929.
bid, IS asked; City and Suburban
railroad first mortgage z per cent. bonds,
- bid. IS asked: Electric Railway S.
due 1888, bid, % asked; Alabama Mid
land per cent. Endorsed, bid. 90 ask
asked South Bound railroad 5s, bid
| rs asked; Southern railway 5s, S01k bid
| S116 asked; Georgia and Alabama ) con-
soils, bid, q asked.
nah IS bid, So asked, ex-div. /;
Georgia common. 100 bid, l6ib
/ asked; Southwestern, S4A bid, Sc asked,
railroad stock, IS bid, 80 asked: Atlanta
and West Point 6 per cent. certificates, IS
bid, 9S asked; Savannah Construction
Company, bid, 7Sh asked.
Gas Stocks-Savannah Gas Light stock
| 20 bid, q asked, eX-div.; Electric Light
and Power Company, SO bid, 60 asked. ex-
Bank Stocks, Etc.-Citizens Bank III
! bid, 111Ik asked, eX-div.; Chatham Bank.
| AZ bid. As asked, ex-div.; Germania Bank
| 105 bid, l07 asked eX-div; Merchants Ma
tional Bank 80 bid, 90 asked; National
! div Oglcthorpe Savings and Trust Com
pany, 1884, bid, l0iA asked, eX-div; South
ern Bank of State of Georgia, 16S bid
1863 asked, eX-div; Savannah Bank and
Trust Company, 10S bid, l06 asked. ex
4 div; Chatham Real Estate and Improve
! ment Company, A, 52ls bid, 53h asked: B.
50 bid, 5OlR asked, ev-div,; Peoples Savings
Factory Bonds-Augusta Factory 6s, l02
| bid. 1O3 asked Sibley Factory 6s 100 bid,
1902 asked; Enterprise Factory 6s, l03 bid,
! 1O4 asked; Eagle and Phenix Manufac-
turing Company, per cent. bonds. - bid,
" Factory S stocks-savannah Cotton Fac
tory, - bid, so asked Augusta Factory.
| II bid. 80 asked, ex-div.; Graniteville Fac
tory, 145 bid, $50 asked; Langley Factory,
1O8 bid, ITO asked; Enterprise Factory,
| King Manufacturing Company los bid.
Jos asked; Sibley Manufacturing Compa-
| ny. Is bid, rs asked; Savannah Brewing
Company, bid, rs asked.
New York Aug. 1.-Money on call was
nominally, 2 per cent. Prime mercantile
paper 6a7 per cent. Sterling exchange,
steady with actual business in bankers
bills at $4SSd4ssA for sixty days and
81 S9G4. 1914 for demand. Posted rates SASS
Gs4s9la Commercial bills, 4S7a4S74.
| Government bonds were quiet State
| bonds were dull. Railroad bonds were
firm. Silver at the board was quiet.
| New York, Aug. 1.-The treasury bal
| ances We're as follows: Coin, SIG, 7S3. sos;
| currency, T7, PA
New York, Aug. 1.-The weekly state
| ment Of associated banks shows the fol-
| lowing changes: Reserve, decrease, $40,
$50. Loans, decrease, 81 704,O00. Specie.
decrease, 50 976600. Legal tenders in
| crease $91l9,600 Deposits, decrease, S.
! $4,000. Circulation. increase, $123 800 The
banks now hold ST. 800 in excess of
| legal requirements.
New York Aug. 1.-The New York FL
| nancier says this week. The cash reserve
| of the New York clearing house banks for
| the week ending Aug. l. was $13S $50 100:
one week previous it was $l41, $50 100 and
! two weeks previous, $14S. 270, 500. The banks
| therefore have lost, since July IS 80 2SS zoo