The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-06-07

Rough-Upland. per bushel. 4OgGOc: tide
water 50QS0c.
FINANCIAL.
Foreign Exchange-The market was
weak. The following are net Savan-
nah quotations; Commercial demand
SASS; sixty days, $iS7la; ninety days,
$ls65s; francs, Paris ana Havre. sixty
days, S5.1S; Swiss, sixty days, S5.l9]s
marks. sixty days. s. LIS
market is quiet. Banks are buying at
par and selling at lilo per cent premium
Securties-The market is fairly steady,
but limited
Stocks and Bonds-stute Bonds-Geor-
gia, 3iA per cent. bonds of $780, 101 bid
lO2& asked; Georgia 31a per cents, due 1915
lOl bid, 102la asked; Georgia IS Smiths
maturity 1895, lone bid, 1929 asked; Georgia
AZ per cent. bonds, 1915, ll4l2 bid. It's asked;
South Carolina 4ias, 108 bid, 109 asked.
City BOnds-Atlanta per cent, l07 bid,
10S asked; Augusta AIS, 1925, 104 bid, l05
asked; Augusta per cent, ll4la bid, 1854
asked; Augusta per cent, ll2i2 bid, 1l3
asked; Columbus per cent, lO3 bid, 104
asked; Macon 6. per cent, ia bid, 115
asked; Savannah 8 per cent, quarterly
July coupons, 1854 bid 100 asked; Savan-
nah per cent, quarterly August coupons
l0g2 bid, 1O9 asked; Charleston As. SO bid
Railroad Bonds-savaInah, Florida and
Western railroad general mortgage bonds
per cent. interest coupons, 1l2 bid, ia
asked; Atlantic and Gulf first mortgage
consolidated per cent coupons, January
and July maturity, is97, lO2la bid. i6a
Company, collateral gold IS, 95 lid,
SO asked; Central Of Georgia
railway 9irs5 mortgage S, 1913. III 5id.
consolidated, s., 50-year gold bonds, 81
bid So asked; Central OF Georgia railway
first preferred incomes, 20 bid. 30 asked;
ferred incomes, "a bid 10 asked: Cen
trai Of Georgia railway third preferred in
charlo cite Columbia and Augusta Augusta
first IS columbia G 0 and A i0S asked asked
mortgage IS, 1l3 bid, ia asked; Georgia
Southern and Florida news 5s, 96ih bid SlH
asked; south S &c gi9 and Florida frst
Georgia and Florida, second mortgage Isl
lbs Bid. asked; savannah Americas
Ocean steamship per cent. bonds ION
- hid, l0l asked; City and Suburban
railroad first mortgage z per cent. bonds
"a bid; rs asked; Electric railway 81
Sue 1885 10 bid, 20 asked: Alabama Mia,
Rrnnswick and Western, As = bid ~
asked. south Bound railroad 5s biS
"A asked; Southern Railway 5s, 92Ib bid
e8Ib asked; Georgia and Alabama s con-
eof- 78 bid "a asked.
railroad StockB-Augusta and savan-
nah 81 bid, 80 asked; Georgia common
i6q bid. 40 asked; southwestern, 903i bid
91lb asked Atlanta and West Point rail,
road stock. 101 bid, 102 asked; Atlanta and
west Point per cent certificates. ioiH
Sid, 1O2 asked Savannah Constrnictiitolai
Gas stocks-Savannah Gas Light stock
92iL bid % asked; Electric Light ana Pow
er Company &c bid, Ga asked.
Rank STOCKS, Eac.-CitiZen's Bank ia
hid ia asked; Chatham Bank, 49iS hid
So asked; Germania Bank, 100 bid, Ito ask
ed; Merchants Nauonal Bank, 100 bid.
ij8tiS BID. 1876 asked; Oglethorpe SAVING
and Trust Company, 1914 BID, 10715 askedl
Southern Bank OF state Of Georgia, 172 bid
rs asked; SAVANNAH Bank and Trust Com,
psny, 1O9 bid. 10 asked; Chatham Real
Estate and Improvement Company, A. 54i5
bid. IS asked; =, 81 bid, 5lla asked; Peo--
pies Sayings anu Aoah company. 81 bid,
Factory Bonds---Augusta Factory 6s, 1O2
bid 1OS asked; Sibley Factory Is. 1902 hid
I09 asked. Enterprise Factory Is iO9i6 bi6
103 asked: Eagle and PheniX ManufactI~.
ing Company, per cent. bonds, rs bid so
Factory stocks-Savannah Cotton Fac
tory - bid, 50 asked; Eagle and Phenix
Manufacturing Company, 5 bid. 10 asked !;
Augusta Factory, IS bid, 7S asked; Gram
iteVille Factory, $50 bid. 100 asked; Lang
lev Factory los bid, no asked; Enterprise
Factory, common, 100 bid 105 asked: T. p
King Manufacturing Company, los bid, 10
asked; Sibley Manufacturing Company rs
bid. IS asked; Savannah Brewing Company
- bid, 70 asked
money and 1l3 3-l6 for the account. Paris
advices quote per cent. rentes, 101 francs
| 50 confines Tor the account.
London, June 6.-Bar silver, 313kd.
New York June 6.-MOney on Call was
at HOP per cent; prime mercantile paper,
300 per cent. Sterling exchange was
quiet with actual business in bankers
bills at S4STA04.S7is for sixty days and
| "a. SS146t4. ssh for demand. Posted rates,
1 $4S8G4.S9 commercial bills S4S6l4Q
bonds were quiet State bonds We're dun.
Railroad bonds We're steady. Silver a the
/ board was quiet.
ances We're as follows; Coin, SlO76 ,140;
/ currency $4,000 445.
/ ment Of associated banks shows the fol-
/ lowing changes: Reserve, decrease,
! S,7aA.3T5; loans increase, 81 &C.,. 700; specie,
/ decrease, S647.500; legal tenders. decrease
$500 400, deposits, decrease, 81 ,694 100: cir
4 CulatiOn, increase, 200. The banks
/ now hold $1S $4,000 in excess of legal re-
New York, June 6.-The Financier says
1 this week: "A reduction of S3,7AS75 i'm
/ the excess reserve of the New York clear
| ment for the week ending June G. The
/ loss in cash during the past week was
/ S4167.500 of which S547 500 was Ina specie
/ ana S3,520,0O0 in legal tenders. This can
be accounted for IN figuring ON the gold
| exports and the bank payments into the
! ceipts have averaged $4,000 coo weekly
| from the interior, and the disbursements
| have also been heavy
| THE statements for several weeks past
| have shown that funds We're accumulat-
! Ing IN New York, and the decrease is
/ therefore, 20 be regarded as favorable
! The further payments of government de-
! posits into the treasury viii exercise a
| strengthening influence, although the de-
! crease I'm bank clearlngs over the country
| show that money is not i'm active demand
10 the extent of sunening rates. except
| perhaps. temporarily and in certain sec
/ lions.
The expansion of loans, amounting ia
/ $l6.62l009 for the week, was bright spot
/ ia an otherwise dun ana featureiess
period The loans Of The New York banks
| have increased S3l O00,000 in the four
/ months ending to-day, and the excess Of
! reserve mas fallen S22O0Q.000 In round num-
/ bers, but as the bond operation figures
| largely in this change, it does not possess
- L.. \