The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-05-17

water. JOdS5c.
FINANCIAL.
Money-Steady.
Foreign Exchange-The market was
firm. The following are net Savan-
nah quotations; Commercial demand.
a.SSl4 sixty days, $AS7A; ninety days,
days, $51s; Swiss, sixty days, S5195s;
marks, sixty days. 80 ZIG.
Domestic eXchange-The tone OF the
market is quiet Banks are buying at
par and selling at lilo per cent. premium
for amounts of $1,000 and over.
Securities-The market continues very
quiet and dull, with nominal quotations.
Stocks and Bonds-Siate Bunds-Geor-
gia, 31z per cent. bonds of 1880, 1O2 bid
1928 asked; Georgia 3la per cents, due 1915
maturity 1886, 10lla bid. 1929 asked; Georgia
Az per cent. bonds. 1915. 114iA bid. Us asked;
South Carolina 4las. 1O6 bid, 1O7 asked.
City Bonds-Atlanta per cent, 107 BID
Jos asked; Augusta 4i5s, 1926 l04 bid, 1O5
asked; Augusta per cent, ia bid, l15ls
asked; Augusta 6 per cent. 1l2 hid lis
asked; Columbus per cent, 103 bid, 10i
asked; Macon per cent, 11iia bid, 115h
asked: Savannah 5 per cent, quarterly
nah per cent, quarterly August coupons
los bid, l0s55 asked; Charleston As, Sc bid,
Railroad Bonds-Savainah Florida ana
Western railroad general mortgage bonds
G per cent interest coupons ll2 hid ia
asked; Atlantic and GlLf first mortgage
and July maturity 1897. 1929 bid. lG3
asked; Central Railroad ana Banking
Company, collateral terra gold IS, 95 bid,
Railway first mortgage 5s I9i5 nj niiior 5ia
10 asked: Central of Georgia raiIV,st,
consolidated 5s, 5O-year gold bonds S7ib
bid, S91b asked; Central of Georgia railway
first preferred incomes, 29i5 bid, S0ls asked:
Central of Georgia railway second nrs,
ferred incomes. IA bid. 1914 asked; Cen
comes, bid, 10 asked; Georgia railroad
charlotte,. Columbia and d A9 asisa;
Charlotte Columbia and Augusta second
mortgage rs, lis bid, ZIG asked: CeorpIs
Southern and Florida news 5s, 96l5 bid g7Ih
asked; South Georgia and Florida firsI
mortgage Is, JOG bid, asked; South
Georgia and Florida, second mortgage ~
los bid. asked; Savannah. Americas
Ocean Steamship 8 per cent. bonds, 1920,
- bid, 10l asked; City and Suburban
railroad 1rst m5oEGtsaEe Per cent bonds,
due 1885, 10 bid, 20 asked; Alabama Mid.
land per cent. Endorsed, SO bid. 80 asked;
Brunswick and Western, As = bid. rs
asked: South Bound railroad SIS ~ hlt
Is asked; Southern Railway IS, 911h bid
921a asked; Georgia and Alabama S con-
soils q bid "A asked.
Railroad Stocks-Augusta and Savan-
nah, 911R bid, 9212 asked; Georgia common
1853 bid, 173 asked; Southwestern, 9OIS bid
91ls asked; Atlanta and West Point rail-,
road stock, 101 bid, 103 asked; Atlanta and
West Point per cent. certificates. i0iiL
bid, 1O2 asked; Savannah Constructiori
Gas Stocks-Savannah Gas Light stock.
| 2215 bid q asked; Electric Light and Pow
err Company, 621a bid. 694 asked.
| bid. 1l31b asked Chatham Bank, 1917 bid
! 30 asked; Germania Bank 100 bid 40 ask
/ ed; Merchants National Bank l0lIb bid.
/ 109is asked; National Bank of Savanna h
/ 1874 bid, 1876 asked; Oglethorpe SAVINGS
/ and Trust Company, 1857 bid, 1914 asked
/ Southern Bank of state OF Georgia, III bid,
/ 172 asked; Savannah Bank and Trust Com
| pany 1885, bid, 1922 asked; Chatham Real
/ Estate and Improvement Company, A. "a
/ bid, 5ilh asked; =, 81 bid, 5l12 asked; Peo-
| ples Savings and Loan Company, 81 bid,
Factory Bonds-Augusta Factory Gs. 1915
/ bid los asked; Sibley Factory 6s, 101lb bid,
1882 asked; Enterprise Factory IS, l05 bid,
| log asked; Eagle and PheniX Manufactu
| ing Company, per cent. bonds, II bid, 81
Factory StoclSs-Savannah Cotton Fac
! tory, - bid So asked; Eagle and Phenix
/ Manufacturing Company, 4 bid. 10 asked;
! Augusta Factory, IS bid, IS asked; Gran
| iteVille Factory, $50 bid, 155 asked; Lang
! ley Factory, los bid. 10 asked: Enterprise
Factory. common, 100 bid, 105 asked; ]. p.
| King Manufacturing Company, lOS bid, 1ll
| asked; Sibley Manufacturing Company, rs
bid. 50 asked; Savannah Brewing Company
london, May 16.-Bar silver, 81 1850
I consols. liz 7-16 for money, and 1l2le for
| the account. Paris adVices quote pei
cent rentes, 102 francs, and 67l2c for the
New Jew York, May 16-Money on call was
! at 2l5 per cent. Prime mercantile paper
| 5G512 per cent. Sterling exchange barely
( steady. dull, with actual business in bank.
ers' bills at A.S7l2Q4S734 for sixty days
and S4SSlsq4SSs4 for demand. Poste6
| rates SA.SSd4S9la Commercial bills, 81 S6l.
0LS74 Bar silver, 673sc. Government
/ bonds steady; state bonds dun; railroad
bonds firm. Silver at the board was neg.
New York, May 1.-THE treasury bal.
ances were as follows: Coin, Sis, 73i,022
/ currency. $S9,ll2,3lI.
New York May 1.-THE weekly state.
ment Of associated banks shows the fol
lowing changes; Reserve, decrease, 81 600
1850: loans. increase, 81. 40l 100; specie, in.
| crease sos, 400; legal tenders, decrease, 81
| 5T4 100; deposits, increase, S.91iS00; cirCu.
lation, increase, $4,000. The banks now
hold SlS50,915 in excess of legal require
New York, May 16-The Finaucier says
this week: The statement Of the asso-
week ending May 16 reflects the causes
| which are at present operating to dimln.
| ish the excess reserve and incidentally
to sustain the money market on some.
thing like firm basis. The decrease Of
reserve for the week was SIS $50. max
ing the total surplus S185T, g75 As was
pointed ont last week, the gold exports
| operate were not fully shown in The
statement. Adding the two weeks ex-
ports, 1t Is seen that while $40 600 600 have
gone abroad the decrease in the reserve
was only $4336,3J0 The banks have been
called upon during the same period for
/ over $IU0,UGO OF government deposits pari
Of the latter being still unpaid. The re-
/ payment of government deposits has no,
| yet been completed and probably a per.
| centage Of that actually turned over 10
S1e treasury, does not show in the cur