The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-06-18
FINANCIAL.


FINANCIAL.
Money-steady.
| firm. The following are net Savan-
/ nah quotations. Commercial demanu.
Sass; sixty days, SLS714;, ninety days,
/ days, $51S; Swiss, sixty days. S5.l95s;
marks. sixty days 50 lilo
| Domestic change-Steady; banks are
! buying at par and selling at Ito per cent.
securides-CentraI issues are neglected;
state bonds are in fair demand, with
light offerings, and municipal bonds
stocks and Bonds-stu,e. Bonds-Geor-
/ gia, 81 per cent. bonds Of 1880 103 bid
103ls asked; Georgia BE- per cents. due 1915.
| l02 bid, l03 asked; Georgia Is, Smiths,
maturity 1886, 1903 bid 1872 asked; Georgia
South Carolina 415s 1O6 bid, lO7 asked.
city. Bonds-Atlanta Z peg cent. lQl bid.
| los asked; Augusta AS, 1925, lOi bid los
/ asked; Augusta per cent, 114i2 bid, 115lz
| asked; Augusta 6 per cent, 112la bid, 1l3
asked; Columbus per cent, 10S bid, ,O4
1 asked; Macon 6 per cent, ia bid, lis
asked: Savannah per cent, quarterly
| July coupons, 1872 bid, 10 asked; Savan-
| nah per cent, quarterly August coupons,
| 1914 bid, 1854 asked; Charleston As, Sc bid,
Railroad Bonds-savaI.nah. Florida and
Western railroad general mortgage bonds.
! asked; Atlantic and Giilf Fl st mortgage,
consolidated Z per cent coupons. January
| asked; Central Railroad and BankinE
Company. collateral gold IS. 941s bid
S. esk tq5t moT enlra IS OF loiz Georgia
| liz asked; Central of Georgia railway
consolidated S., 5o-year gold bonds, 81
frst preferred incomes, 2SA bid, 294 asked;
| Central of Georgia railway second pre-
ferred ineS%,es ra Il 6d ;b 10 asked Cen
comes. 9 bid, 10 asked; Georgia railroad
Is islO. IL bid 1l21s asked;
cha Charlotte: G los Bid ana los Ag asIs5
Charlotte, Columbia and Augusta second
mortgage U.s.. llS bid. ia asked; Georgia
s SSRed SCUM Georgia ana Florida pd rs y
mortgage Is, iOS bid. asked; South
Georgia and EiG Eed sa eS9n3 Pbortgage rs
| and Montgomery 5s 81 bid, 69 asked:
Ocean Steamship, 5 per cent. bonds, iS2a'
railroad first mortgage Z. per cent. bonds
| 7s bid; 7S asked; Electric railway 5s
| due 1885, 10 bid, 20 asked; Alabama Mid.
| iard ner cent. indorsed. 921a bid q3i6 . 81
od brunswick and Western As - hid *
ssked; South Bound railroad IS. - BID
* asked; Southern Railway IS, 80 BID
| % 9slred: Georgia and Alabama ( Cow
sI R7ss;iiroad stocks-Augusta and savan-
| nah az bid, "a asked; Georgia, common
| 5ea nd 10 asked; Southwestern 92I5 hid
| 69ib asked; Atlanta and West Point rail
road stock 19l bid de2 asked Atlanta and
b'd 1902 asked; Savannah Construction
| 49, COmDany, bid, 70 asked.
| 'iSas gtocks-Savannah Gas Light stock
% 70 a asked; Electric Light and Pow,
er Company, 621a bid, 653a asked.
Bank stocks, Etc.-Ctizens Bank. 113
s0 asked: Germania Bank, 100 bid, ii6 ask
ed Merchants National Bark, 100 bid.
101 asked; National Bank of Savannah
iSilS bid, 1875 asked; Ogiethorpe Savings
and Trust Company, III bid, lO715 asked:
georgia, 17514 bid; l725s asked;
n9nV I0glb bid, 110H asked; Chatham Real
Estate and Improvement Company, A, jfS5
bid, 55A asked; - 81 Did, 5l1a asked; Peo-
pies Savings and Loan Company. 9llA bid.
~ Factory Bonds-Augusta Factory 6s. 1O2
bid l0S asked; Sibley Factory 6s, 102 I'D
1oS a sked: Enterprise Factory 6s. I03 hid
| 104 asked; Eagle and Phenix Manufactur'
| ine. Company, s per cent bonds, bid. rs
Fact Factory stocks-savannan Cotton Fac
| tory - bid, 30 asked; Eagle and Phenix
| Manufacturing Company, : bid, 10 asked
Augusta Factory, 20 bid, y asked; Gran
| iteVille Factory, $50 bid, 1855 asked; Lang
| lev Factory, 1OS bid, ITO asked; Enterprise
| Factory, common, 100 bid, los asked; j. p
| King Manufacturing Company los bid 10
| asked: Sibley Manufacturing Company rs
bid, rs asked; Savannah Brewing Company
London. June 17.-Bar silver at 83sd.
Consols. liz 1916 for money and 112 5-16 for
| the account. Paris advices quote per
| cent. rentes, 10l francs 81 confines for ac-
New Stsy1 York, June 17.-Money on call was
| easy, at 21a per cent; the last loan was
| at per cent, and at the closing was Of
fered at 2 per cent; prime mercantile pa
| per. 415GI5 per cent Bar silver, 6S5sc; ster-
ling exchange was weak with actual bust
ness in bankers bills at $4S44;87A for so
! DAYS and "a. 8S04SSl4 for demand. Posted
! rates, S4SSd4.S9. Commercial bills 81. 86d
1864 Government bonds were firm.
were we're strong Silver at the board was
New York, June 1.-THE treasury bal
| ances were as follows: Coin, $l07, 882, 705;
| currency, S90,36S,SS6.
New York, June IT, Roou. Erie, IS;
Northwestern. 1915; preferred, las bid;
preferred, 1O7s; Western Union S6s4; South
| ern Railway common, 90; Southern Rail
way preferred, 2924; American Sugar,
1872; Baltimore and Ohio, 1914; Canada
Southern, 51l4; St. Paul, 1874; Rock Island,
721k; Delaware and Hudson, 1876; Delaware,
| Lackawanna and Western 1929; Manhat-
| tan 1919 Michigan Central, 81; New York
| Central, 97%. Speculation strong.
New York, June 17-After a firm open
| ing the stock market weakened, the lead
ing issues running OF a point IN some.
! The reaction was again the result of pro-
! fit taking leading commission houses be-
| ing sellers The offerings by local com
mission houses were quickly absorbed.
| The market soon started upward and
prices went up moderately. The tirmness
| prevailed until late in afternoon when
| St Louis reported that the platform would
| be emphaticaHy in favor of Cuba. This
| nearly caused uneasiness and some sell
ing The adjournment of the convention
until o'clock was unfavorably constru-
/ ed When it was learned that the reports
Of adoption Of a platform, including, a
| Cuban plank were premature, the market
rallied, and at the close the market was
strong and confident The declaration Of
! another dividend by the Vanderbilts roads
| had a stimulating effect but the St. Louis
convention overshadowed. everything else.
The net changes of the day snow advance
of 1S624 per cent Reading lost q per
cent. In The specialties the most impor-