The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-08-01

| FINANCIAL.
Money-Steadv.
The bank clearings for the past week
/ We're Sl,2Sl, 5263l. against Sl.6l4l69.S for
] the same week last year
I Foreign Exchsnge-The market was
/ Grm. The following are net Sa-
/ "a S73t; sixty days, $4.S; ninety days,
! S4S62t; francs. Paris and Havre, sixty
| days. S5.17a4; Swiss, sixty days. Sob;
/ marks sixty days, IS.
| Domestic EXchange-Steady. Banks are
/ buying at par and selling as follows: For
| amounts to S25. 10c premium; to $50. l5c
/ premium; to 500. 20c premium TO 500, 25c
| premium; from 900 up 10 $1,000. u per cent
/ premium; amounts over Sl,0OJ at Sl.0O per
Securities-The market is again inactive
| and very dull; irregular quotations.
| Stocks and Bonds-State Bonds-Geor-
/ gia 49, per cent. bonds Of 1899 l0l bid
| lU2 asked: Georgia 3l2 per cents, due 1915
! l0lA bid, 1914 asked. Georgia AZ per cent
/ bonds 1915, ll2la bird, 1872 asked; Georgia
| 4 per cent, due 1926, l0e1s bid, 1922 asked;
| South Carolina 4i2s. 1A bid lO5 asked.
! City Bonds-Atlanta per cent, 1G5 bid;
| 106 asked; Augusta 412s, ls25, lOl bid. l0iA
asked; Augusta z per cent, !iS bid, "a
asked: Augusta per cent, 1l2 bid, 1l3
! asked Columbus 8 per cent, 1903 BID, l04
! asked. Macon 8 per cent, ia bid. lis
asked savannah 5 per cent, quarterly Oc-
! tober coupons, 1854 bid, 1888 asked ,SaVan-
| nah Der cent, quarterly August coupons
1O9 bid, 109lA asked; Charleston As "a bid,
Railroad Bonds-Savannah Florida and
| Western railroad general mortgage bonds,
| per cent. interest coupons, 1l2 bid, III
asked; Atlantic and Gulf FIRST mortgage.
! consolidated per cent. coupons, January,
and July maturity, 1897. l0l bid, l0ia
asked; Central Railroad and Banking
! Company, collateral gold IS, 80 bid
80 asked; Central of Georga
| railway first mortgage IS, 1885, BID
liz asked; Central of Georgia railway,
consolidated IS, 50-year gold bonds. 81
| bid, SSl2 asked; Central of Georgia railway
! first preferred incomes "A bid, 25l2 asked;
! Central of Georgia railway second pre-
ferred incomes = bid, Y asked Cen
trail Of Georgia railway third preferred in
comes, bid. s asked; Georgia Rail-
Charlotte, Columbia and Augusta
first IS, bid, l03lz asked; Charlotte,
Columbia and Augusta second mortgage
7, : bid, ll2 asked; Georgia Southern
asked; South Georgia and Florida first
mortgage rs, LOG bid, asked; South
Georgia and Florida. second mortgage rs,
and Montgomery IS, - bid, 6S asked;
| Ocean Steamship per cent. bonds, 1928,
- bid, 50 asked City and Suburban
| railroad FIRST mortgage per cent. bonds,
- bid, IS asked; Electric Railway IS,
due 1885, bid, % asked; Alabama Mid
| land 5 per cent indorsed - bid, 90 ask
ed; Brunswick and Western As, - bid, rs
asked; South Bound railroad 5s, bid,
rs asked; Southern railway IS, S05 bid,
S11k asked; Georgia and Alabama con-
soils, bid, Y asked
Railroad stocks- a at;lo5 and saysn.
Georgia common 100 bid, 16r5
asked; Southwestern, S494 bid, Sc asked,
ex div; Atlanta and West Point
railroad stock, IS bid, SO asked; Atlanta
and West Point 6 per cent. certificates, %
| bid, IS asked; Savannah Construction
Company bid, 1872 asked
Gas StOcks-Savannah Gas Light stock,
o. al II.
and Power Company, So bid, 60 asked, ex-
Bank Stocks. Etc.-Citizens Bank, III
! bid, 1111a asked, ex-div.; Chatham Bank,
| n bid, 4s asked, ex-dv; Germania Bank.
| 105 bid. 107 asked, ex-div; Merchants Ma
| tional Bank, 80 bid, 80 asked; National
! Bank of Savannah, 100 bid, 1872 asked, ex-
! div; Oglethorpe Savings and Trust Com
| pany. 1887 bid, 1914 asked, ex-div; South
| ern Bank of State of Georgia, 1853 bid.
| 1859 asked ex-div; Savannah Bank and
! Trust Company, l03 bid, JOG asked, eX-
| div: Chatham Real Estate and Improve
| nent Company, A, 52la bid, 531z asked; 3,
| so bid 50lh asked, ev-div.; Peoples Savings
| and Loan Company 9l1s bid, 921s asked.
| Factory Bonds-Augusta Factory S. 102
| hid 103 asked: Sibley Factory 6s, 100 bid,
! 102 asked: Enterprise Factory IS, 103 bid
| 10 asked; Eagle and Phenix Manufac-
turing Company, per cent. bonds. - bid.
Factory stocks-savannah Cotton Fac
| tory, = bid, so asked; Augusta Factory,
! " bid so asked, ex-dlv.i EfanlteVllle Fac
| tory, las bid, $50 asked; Langley Factory,
/ l08 bid 40 asked; Enterprise Factory,
common. 98 bid, 1902 asked, ex-div.; j. P.
King Manufacturing Company, 105 bid,
| ny, rs bid, Is asked; Savannah Brewing
| Company, = bid. rs asked.
London. July 31.-Bar silver, Si3sd; con-
soils, 113h for money and 113 9-16 for the
6p. m.-Paris advices quote per cent.
! rentes, 1O1 francs, so centimes for the
New York, July 3L-Money on call was
firmer, at 203 per cent; the last loan was
! at 21z per cent, and at the closing was Of
| fered at 215 per cent. Prime mercantile
| paper, 647 per cent Bar silver, 6S9sc.
! Sterling exchange steady with T., actual
| sixty days and S4.S914S9h for demand.
| Posted rates, $4.SSG469l2. Commercial bills,
| 81 S71A. Government bonds firm; state
| bonds quiet; railroad bonds stronger. Sill
yer at the board was firm
New York, July 31.-The treasury ball
ances were as follows: Coin, s116,7G0, 437;
currency, $7S,266SO.
New York, July 81. noon.-Erie 1917 !;
Northwestern, 942s; preferred, 14S; Lake
Shore. 142; Norfolk and Western. preferred
10; Western Union, 7SSl Southern Railway
common, IA; Southern Railway preferred
BOZ; American Sugar, lu4; Baltimore and
Ohio, 1874; Canada Southern, a; st. Paul.
6SJs; Rock Isla nd, ssh; Delaware and TIud-
son. 119; Delaware, Lackawanna and West
ern, 148; Manhattan, 49, Michigan Central
9215; New York Central, 81. Speculation
dull.
New York, July 31.-Speculation to-day
while irregular in. its course, was in the
main active The start was weak on Lon
| don selling and prices declined 1sQ% per
cent outside of Manhattan, which fell
nearly 2 per cent. to S7l on the revival 81
old stories or reduced dividends. The pres
sure to sell the general list was not pro-
I nounced by any means, and after / o'clock
the market gradually assumed a nrmer
tone. The changes were due almost en-.
tirely to a sudden rise in Sugar OF ~
per cent to 1854 This stock figured for
nearly 70 per cent Of the days business
and was IN brisk demand. Brokers al
legged TO be acting for inside and repro
sentatives of a prominent house were con-
| L.. L ... - Il -