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

S4SS1si sixty uayS, Aoots, ninety Gays,
S4-S69s; francs. Paris and Havre, sixty
days, S5.19l4; Swiss sixty days, $50;
marks, sixty days, 947s.
Domestic Exchange-The. tone of the
market is steady. Banks are buying at
1-16c discount; selling at, up to S25, Zoe;
up to $50, 15c; up to 500, zoe; up to 500.
p c; up to 500 Is per cent; 500 and over,
1-16 per cent.
Securities-The market continues quiet
but fair inquiry for investment bonds.
Railroad securities are dull and neglected.
Southwestern stock is freely offered at
quotations, with seemingly no support.
stock and Bonds-State Bonds-Geor-
gia, Sl2 per cent. bonds. of 1880 lOS bid,
l031z asked; Georgia S12 per oents--d due 1915.
l02 bid, 1922 asked; Georgia AZ per cent.
bonds, 1915, 116 bid, III asked; Georgia
Smiths, maturity 1896 lOt bid; lO41s asked;
City Bonds-Atlanta per cent, 100 bid,
- asks; Augusta AVS, 1925, 104l2 bid, 105is
asked asked; Augusta per cent cent 10 BID Jig JIG
asked; Columbus > per cent, 105 bid, 1o6
ASKED Macon per cent, ll5# bid,
ll6la asked; Savannah 5 per cent. quar-
Savannah per cent. quarterly Fen
Charleston As, IS bid, 90 asked
Railroad Bonds-Savannah, Florida and
western railroad general mortgage bonds,
o per cent interest coupons, ia bid, l15a
asked; Atlantic and Gulf first mortgage,
and July maturity, 1897, 10lA bid, los
asked; Central Railroad and Banking
| company cOllateral gold 5S, 81 bid, 90l2
asked; Central of Georgia Railway first
mortgage IS, 1915, 112A bid 1141b
asked; Central of Georgia Railway con-
solidated IS. 5O-year gold bonds, 81 bid
93ls asked: Central of Georgia Railway
LIST preferred incomes. 36 asked when
issued: Central of Georgia Railway I'd
preferred incomes, q asked when is
sued; Central OF Georgia Railway Sd pre-
ferred incomes, IS asked when issued;
Georgia Railroad IS, 1910, 1l3 bid, lis
asked Charlotte Columbia and Augusta
first 5s, - bid, 100 asked; Charlotte, Co
| lumbia and Augusta second mortgage rs,
: bid, 116 asked; Georgia Southern and
Florida new 5s, SO bid, 96l5 asked; Georgia
Southern and Florida, 6s, bid, 1914
asked; South Georgia and Florida first
mortgage Is, los bid, - asked South Geor-
gia and Florida second mortgage Is 1O5
| bid, asked; Savannah and Western IS,
| trust certificates, Endorsed by Central
railroad, 81 bid, 65 asked; Savannah,
| As asked; Ocean Steamship 5 per cent.
bonds, 1920 bid. 100 asked; City
and Suburban, railroad first mortgage Z
trio Railway IS, due 1895, 1912 bid, % asked;
Alabama Midland per cent indorsed,
IS bid. 81 asked; Brunswick and West
railroad IS, = bid, rs asked; Southern
Railway IS, 81 bid. 90 asked. =
nah, So bid. 50 asked, ex @dfH !;
Georgia common, $50 bid. 1S$
eSndividend Central 8 per cent. certifica nt
= bid, % asked; Atlanta and West
Point railroad stock, 102 bid, 1O4 asked; ;
tificates, IS bid, 100 asked. ex-interest; sa-
vannah Construction Company, 70 bid,
80 asked.
! 22A bid % asked; Electric Light and Pow
er Company, SO bid. 20 asked, ex-div.
Bank Stocks. Etc Citizens Bank,
S adsd ex l9IA M Rd 1887 Na6ed
Bank, 1O4 bid 105 asked; National Bank of
Savannah 1921 bid, 1882 asked Oglethorpe
! Savings and Trust Company, 100 bid. 101
| asked ex-div. Southern Bank of State of
Bank and Trust Company. I65l bid. 1851
| Improvement Company, A, Sly bid, 50 ask
| ed: b. 1872 bid, so asked; both ex-div; Title
Guarantee and Loan Company, "a BID, :
Factory Bonds-Augusta Factory. 6s.
| 1903 bid, ia asked; Sibley Factory IS, 103
bid, 14 asked; Enterprise Factory 6s. 1O4
| bid los asked; Eagle and PheniX Manu-
featuring Company, per cent. bonds, so
'i Factory Sto1ks-savannah Cotton Fac
Manufacturing Company, Is bid, q asked;
| Augusta Factory, n bid, 50 asked; Gran
/ iteVille Factory, 100 bid, 1852 asked; Lang
| ley Factory 1071a bid, 1882 asked Enter
| prise Factory common, 100 bid, 101 asked;
| ]. p King Manufacturing Co., los bid, 109
asked; Sibley Manufacturing Company.
| so bid SO asked; Savannah Brewing Com
/ pany stock, 81 bid, IS asked.
New York. Dec. 31.-Money on call was
active at 3G5 per cent; the last loan was
at per cent, ana closing onered at
Prime mercantile paper, 4lAa51A per cent.
Bar silver, $3.50
Sterling exchange easier, with actual
! business in bankers bills at S4S71aQ4.S7$4
for sixty days, and S4.SSAQ4.S9 for de-
nand
Commercial bills, &.S612d4H
Government bonds steady; state bonds
dull; railroad bonds were easier.
Silver at the board was dull.
New York, Dec. S1-The treasury bal
ances were as follows: Coin S92S47, 159;
currency, $102, 2S3,95S.
-New York. Dec 81, noon.xeErie, 14%;
Lake Shore. IA; Norfolk and Western,
| preferred, ~; Western Union, S57s; South
ern Railway, common, 81; do preferred,
! 2615; American Sugar, 1O21a; Baltimore ana
Ohio, So; Rock Island, 66A; Delaware and
Hudson 1871; Delaware, Lackawanna
and Western, 159i&; Manhattan, l0252;
81.
New York, Dec. 3l.-WalI street was in
| a waiting mood to-day and the dealings
| at the Stock Exchange fell off materially,
| the sales footing up only l53,95l shares ana
| bonds $142, coo. Notwithstanding the dull
1 ness the undertOne of The market was
stronger than for week past and con
| siderable business was done for the lead
! ing issues. The strength of the market was
| due to the general impression that the
/
| necessary arrangement for placing big
| block of four per cent. bonds with New
! York bankers. All the indications fav-
| ored the idea that the issue will be co.
] 100000: the purchasing syndicate to re-
| ceive an option for S100, 900 additional
the leading banks were sounded as 10
| If gold they could furnish, etc, etc; the
scramble, for gold in the open market
| continued in isolated cases as high as
/ ner cent, but per cent. was paid by
! intending purchasers of the bonds. In
FACT the belief in a bond issue was SO
strong that it outweighed the lower ca
HES for the day and the furry in the
money market and the trend of prices
for stocks, except for a slight hesitancy
~ the opening, was upward throughout.
The gain in prices ranged from Y to %
ner cent and was most pronounced in
he cases of Chicago Gas, Sugar, Louis
vile and Nashville, the Changers South
western, the yanderbilts, Western
Union. Tennessee Coal and Baltimore and
ohio Sugar was in demand on TIE FUR
Their advance in refined; Baltimore and
ohio moved zip on covering of short con-
tracts by operators who C-pccted the
company to default on its January inter
4 81.