The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-03-24
FINANCIAL.


900 bushels.
FINANCIAL.
Money-Steady.
firm. The following are net Sa-
vannah quotations: Commercial demand,
ASaA;. sixty days, $4.S6A; ninety days,
S SsS francs "a 1S1 Paris and Hayre sixty
marks sixty days, "a 1916.
Domestic Exchange-The tone of the
market is quiet Banks are buying at
par and selling at lilo per cent. premium
for amounts to $1,000 and over.
Securities-The market is extremely dull
and inclined to be nominal.
Stocks and Bonds-State Bonds-Geor-
gia, Sh per cent. bonds of 1880, lO115 bid,
l02h asked; Georgia S19 per cents, due 1915,
iOl52 bid, lO212 asked; Georgia AZ per cent.
bonds, 1915, ll4& bid, 1854 asked; Georgia
Smiths, maturity 1896, 1907 bid, 1919 asked;
South Carolina AIS, los bid, 1882 asked.
los asked Augusta 455s, 1925, 100 bid, 106
asked; Augusta per cent. ia bid, 11515
asked; Augusta 6 per cent, 1l2 bid, 1lS
asked; Columbus per cent, 103 bid, 10f
| asked; Macon 8 per cent. 11515 bid
ll61s asked; Savannah per cent, quarter
~ April coupons, 100 bid, = asked; sa-
coupons, 1O9 bid 1O9l5 asked; Charleston
As, SO bid. 81 asked
Railroad Bonds-Savannah. Florida and
western railroad general mortgage bonds
6 per cent. interest coupons, 114lz bid. -
asked; Atlantic and Gulf first mortgage
consolidated per cent. coupons. January
| and July maturity, 1897, 1O215 bid, 1881
asked; Central Railroad and Banking
| Company. collateral gold IS, 100 bid,
Railway rst moT fRaFa IS G i IA
| liz asked; Central of Georgia railway
| consolidated 5s 50-year gold bonds, SO
first preferred incomes. % bid 81 asked;
| Central of Georgia railway, second pre-
| ferred incomes, Is bid, 1872 asked; Cen
trail of Georgia railway third preferred in
comes, II asked; Georgia railroad IS, 1910,
! 112 bid, ia asked; Charlotte Columbia
and Augusta first IS, 105 bid. 1O6 asked;
mortgage rs, lis bid, 116 asked; Georgia
asked; South Georgia and Florida at first
Georgia and Florida second mortgage rs,
| l04 bid, asked; Savannah, Americas
and MeSntgomesry' 5s. Y bid. 70 asked;
100 bid, none offered; City and Suburban
railroad first mortgage per cent. bonds,
due a. 01 1885 "a BID asked AI sabMayf a.
| land per cent. Endorsed, - bid, 80 asked;
| Brunswick and Western As = bid, Is
asked; South Bound railroad IS, bid,
| rs asked Southern Railway SIS, 80 bid,
Railroad stocks-Augusta and savan-
16O bid 1855 asked; Southwestern, 92Ih bid
| 9SIb asked; Atlanta and West Point Rail
road stock, 100 bid. 1O2 asked; Atlanta
100 bid. 1O1 asked; Savannah Construction
Company, IA bid, 70 asked.
| Gas Stocks-Savannah Gas Light stock
| o9iL lid o asked Electric Light and
Power Company, 62 bid, "a asked.
Bank Stocks. Etc-Citizens' Bank,
112l4 bid. 11S asked; Chatham Bank.
i98 hid i'd 1O9 asked; Merchants National
Bank iO2 bid, : asked; National Bank Of
savannah lS2h an BID irl 1874 asked: ogle,
bid bid : asked; Southern Bank of State
of Georgia, 10 bid, asked; Savan-
| askede Chatham Real Estate
and Improvement Company, A, 53k bid;
| q asked; B, 81 bid, sly asked;
Peoples Savings and Loan Company, 50
III Factory Bonds-Augusta Factory IS.
1O4lI bid, 1O6 asked: Sibley Factory IS.
1917 bid, 1881 asked; Enterprise Factory IS
los bid, los asked; Eagle and Phenix Man
| 1facturing Company, per cent. bonds,
SO bid, sSA asked
| Factory Stocks-Savannah Cotton Fac
tory, so bid, GA asked; Eagle and Phenix
| Manufacturing Company, 25 bid, q asked :
Augusta Factory, 76 bid, so asked Gran
iteville Factory, 155 bid, 15S asked; Lang
| Factory. common, 102 bid, 105 asked :
]. p. King Manufacturing Company, 10S
bid 10 asked; sibley Mssn an 9s Com
Company, 80 bid Sc asked.
London, March 2S.-Bar silver, 81 7-16d
consols, 1O95sd for money, and 100 11-16d
New York, March 2S-Money on call was
quiet at 31a per cent. The last loan was at
81 per cent, and at the closing was of
| fered at 3ta per cent. Prime mercantile
paper. 51kd6 per cent Bar silver, 6S5sc
| Sterling exchange steady with actual bus
| mess in bankers bills at $4S62z dS7 for 60
days. and $4.S7s4 IS for demand. Posted
| rates $4S7lkd4SS1z. Commercial bills,
$4 S54 "A. S61a. Government bonds, steady.
| State bonds dull. Railroad bonds weak.
| Silver at the board quiet.
| New York March 23-The treasury bal
ances were as follows: Coin, s127S2S, 1872;
| currency, 1872, 343, 246.
New York, March %, nOon.-Erie, 147s /;
Northw estern, 1903; do preferred, l44l5; Lake
! Shore 1861; Norfolk and Western pre-
| ferred. 67s; Western Union, 1885; South
| ern Railway, common, 91s; do preferred,
| 291I; American Sugar 1864; Baltimore and
| 747s: Rock Island, 69sz; Delaware and
| Hudson. i261a; Delaware, Lackawanna and
| Western 161; Manhattan, 1031s; Michi-
gan Central. 90; New York Central, g..
New York, March 23-The bears on
| stocks were more aggressive to-day than
for a long time past. The failure of the
Rock Island to increase its dividend, SELL
hate on the Cuban question had tend
| encv TO assist the bears in their work of
depressing prices. The decline which
ranged from " to ? per cent, was most
pronounced in the Changers. Louisville
| ana Nashville. General Electric, Jersey
| Central and Chicago Gas. Burlington
and Quincy was also affected by state
! voentg that the February report will make
a moor showing. Chicago houses we're lib
+. eraI sellers of this stock St. Paul sold
AT 753sM74 ex-div.. Of per cent, and
Northwest lost about a point, notwith-
Standing its favorable February report.
I,ouisville and Nashville was sold freely
by arbitrage houses, and ran off nearly
2 points to 4S3l. Tobacco and sugar were
the features Of the industrial group. The
first named advanced 2 to al4, and later