The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-07-16
FINANCIAL.
Monev-stead,

FINANCIAL.
Money-Steady
Foreign Exchange-The market was
firm. The following are net Sa-
vaunah quotations; Commercial demand.
A.S72l sixty days, S4S62t; ninety DAYS
days, $0.lS; Swiss, sixty days S5.lg5s:
marks, sixty days, IS lis
Domestic Exchange.-Steady Banks are
buying at * per cent. discount and selling
as follows: For amounts to S25 Toe prem
ium; to $50. Is cents premium; TO SiO0 On
cents premium; to $500, 25 cents premium:
for 500 or over at par.
Securities-The market is again DIM
Stocks and Bonds-State Bonds-Geor-
gia, So per cent. bonds of 1880 lOllb hid
1O2 asked; Georgia 312 per cents. due 1915
1919 bid 1919 asked; Georgia ~ per cent
bonds, 1915, 113 bid, ia asked: Georgia
4 per cent, due 1925, lO9 bid, 1897 asked:
South Carolina 452s, 1Oi bid, 1O5 asked.
City BOnds-Atlanta Z per cent 1O5 bid.
JOG asked; Augusta 415s 1925 1903 bid. 1921
asked; Augusta per cent, 114ia bid, 1857
asked; Augusta per cent, III bid ll1iL
asked; Columbus per cent, 1OS BID, i0i
asked; Macon per cent, 11215 bid, 1871
asked; Savannah 8 per cent, quarterly
July coupons, 1872 bid, 10 asked; Savan-
nah per cent, quarterly August COUPONS
109 bid, 1921 asked; Charleston As, 90 bid
"a asked.
Railroad Bonds-Savannah, Florida ana
Western railroad general mortgage bonds.
per cent. interest coupons, III bid. ia
asked; Atlantic and Gulf first MORTGAGE
consolidated per cent coupons, Jan1aTv
and July maturity, 1897. l01 bid lOlis
asked; Central Railroad and Banking
Company, collateral bold 5s, 81 bid
9S asked; Central Of Georgia.
railway first mortgage 5s, 1915, - bid
1l2 asked; Central of Georgia railway,
consolidated 5s, 50-year gold bonds. Sgis
bid, 1872 asked; Central of Georgia railway
first preferred incomes, - bid, 2815 asked.
Central of Georgia railway second pre-
ferred incomes, - bid, II asked Cen
trail of Georgia railway third preferred in
comes, bid, asked; Georgia Rail-
road IS, 1910. he bid. III asked;
first IS. 1O8 bid, 1857 asked; Charlotte.
Columbia and Augusta second mortgage
T. Ill bid, 1l2 asked; Georgia Southern
and Florida new 5s. 98lA bid 9ils
mortgage Is, 1O6 bid, asked; South
Georgia and Florida, second mortgage Is,
1O5 bid, asked; Savannah, Americus
and Montgomery 5s, 6SJ5 bid, 6915 asked;
81 bid, IS asked; City and Suburban
railroad first mortgage per cent. bonds,
rs bid, 78 asked; Electric Railway 5s,
due 1895, = bid, 20 asked; Alabama Mid
land per cent. Endorsed, 921a bid, 931a ask
ed Brunswick and Western As, - bid rs
asked South Bound railroad IS, - bid,
% asked; Southern railway IS, 81 bid,
50 asked; Georgia and Alabama 5 con-
soils, 70 bid, "A asked.
Railroad Stocks-Augusta and Savan-
nah 9o1s bid, 9OA asked; ex-div.;
asked; Southwestern, 1872 bid, 9Oi5
asked, ex-div. Atlanta and West Point
railroad stock, SO bid, 100 asked Atlanta
and West Point per cent. certificates, 81
bid, SO asked; Savannah Construction
Company, - bid, 70 asked.
Gas Stocks-Savannah Gas Light stock,
2212 bid. 231s asked; Electric Light and
Power Company, 60 bid, 81 asked, ex-div.
Bank Stocks, Etc.-Cltizens Bank, Ill
bid, 11115 asked eX-div.; Chatham Bank
- bid, As asked, ex-div.; Germania Bank,
= bid 107 asked, ex-diyy:; Merchants Ma
tional Bank, 92ls bid, IS asked; National
Bank of Savannah, 1S1 bid, 1872 asked, eX-
div; Oglethorpe Savings and Trust Com
pany, 104 bid, 1O5 asked, ex-div.; South
ern Bank of State of Georgia. 1872 bid,
1884, asked ex-div.; Savannah Bank and
Trust Company, bid, 1919 asked, ex-
div; Chatham Real Estate and Improve
ment Company, A, 5315 bid, 81 asked; b,
so bid, 501b asked, ev-div.; Peoples Savings
and Loan Company, 9l1a bid, 9212 asked.
Factory Bonds-Augusta Factory 6s, 102
bid, 1O3 asked Sibley Factory 6s, 100 bid,
1O2 asked; Enterprise Factory IS, 10S bid,
1O4 asked: Eagle and PheniX Manufac-
turing Company, per cent. bonds, - bid,
65 asked
tory, - bid, so asked; Augusta Factory,
n bid, so asked, ex-div.; Graniteville Fac
tory, las bid, $50 asked; Langley Factory,
1OS bid, ITO asked; Enterprise. Factory
common, 98 bid, 1O2 asked, ex-div.; j. P.
King Manufacturing Company, los bid,
los asked; Sibley Manufacturing Compa-
ny, IS bid, rs aSkedj Savannah Brewing
Company. = bid, 70 asked.
London. July 15.-Bar silver. S15sd. Con-
soils, 113 TIC for money, and 1872 for the
account. Paris advices quote per cent.
rentes, 101 francs and 92l2 centimes for
the account.
New York, July 15.-Noney on call was
firm at ~ per cent; the last loan was at
21a per cent, and at the close was at 212
per cent. Prime mercantile paper, 5l2 per
cent. Bar silver, 6S1ac. Sterling exchange,
or Will
bills at $4.S734 d4S8 for sixty days, and &.SS&
d4.S9 for demand. Posted rates S4.S812Q
4.S9la. Commercial bills, &.S6S4q48l14. Gov
eminent bonds heavy. State bonds weak
steady.
New York, July 15-The treasury bal
ances were as follows: Coin, $lO5 542,7S7;
New York T- =. july iI, 15.-Noon-Erie, =;
Northwestern, SO; preferred, 149; Lake
Shore, 147; Norfolk and Western, pre-
ferred, liz; Western Union, so; South
ern Railway common, ST. Southern Rail-
way, preferred, 2B; American Sugar,
1854; Baltimore and Ohio. 16l3; Canada
Southern, "A; st. Paul. 72ia; Rock Island,
5SA; Delaware and Hudson, 119; Delaware,
Lackawanna and Western, $50; Manhat-
tan, 95as; Michigan Central, 81; New York
Central, 90. Speculation heavy and lower. |
New York, July 15.-The stock market
was demoralized at one time to-day and
the liquidations were on a wholesale
scale. The break in prices, which eX-
tended to rs per cent. in the cases of
Lackawanna, was the result Of increased
activity on the part of the bear leaders, |
who are temporarily unopposed by the
bulls; the engagement of 100000 gold for |
shipments TO Europe tomorrow and |
belief that about s., 100000 more will be
exported on Saturday; the strength and /
advance in Sterling exchange and the Ill /
ness of Cornelius Vanderbilt. A drop in |
United States 4 per cents of 1925, of nearly |
per cent, which is some thing very I'M |
usual added to the nervousness which |
prevailed. The shrinkage in the treasury |
cold rnSnrl-n hc.L.-at-o %. 70 - COL |