The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-12-08
RICE.
FINANCIAL,

Domestic Exchange Steady Banks
are buying at Is per cent. discount and
selling as follows; Up to SIS, loo prem
ium; SOS to $780, 15c premium: $50 to 500. 20c
premium; 500 to $500, 25c premium; 5000
and over at par.
securties-The market is quiet with
fair offerings.
Stocks and Bonds--State Bonds-Geor-
gia, 31s per cent bonds of 1880, 101ls bid, 102lS
asked; Georgia S1a per cent, due 1915 1Oi
bid, 1O2 asked; Georgia Az per cent. bonds.
1916 11S bid, ia asked; Georgia per
cent, due 1926, 109s bid, 11O15 asked; South
Carolina 4lss, 105s bid, 1861 asked.
City Bonds-Atlanta Z per cent. 105 bid,
106 asked; Augusta AIS, 1925, LOG bid, 1b5
asked; Augusta per cent, 113 bid. 114
asked; Augusta per cent. 112 bid 113 ask
ed; Columbus per cent, 104 bid 1O5 ask
ed; Macon 6 per cent, 112 bid, la asked:
Savannah per cent, quarterly
January coupons, 1854 bid. - asked;
Savannah S per cent, quarterly February
coupons los bid, 1851 asked; Charleston
As, "a bid, IS asked.
Railroad Bonds-Savannah, Florida and
western railroad general mortgage bonds.
per cent. interest coupons. 112Jh bid ia
asked; Atlantic and Gulf first mortgage,
consolidated per cent. coupons, January
and July maturity, 1897, 1914 bid. - asked;
Central Railroad and Banking Com
pany, collateral gold 5s, o. bid, 80 asked;
Central of Georgia Railway first mortgage
| IS, 50-year gold bonds, ITO bid, liz asked:
Central of Georgia Railway first consoIl-
dated mortgage IS SO bid. 80 asked;
Central of Georgia Railway first pre-
Central of Georgia Railway. second
preferred incomes IA bid, Is asked; Cen
trail OF Georgia Railway third preferred
| incomes, 61s bid. Sa asked; Georgia rail-
road IS, 1910, 1OS bid, no asked; Charlotte,
Columbia and Augusta first 5s, 100 bid, 40
4 I. ~.
| gusta second mortgage rs, 1l8 bid,
| ia asked; Georgia Southern and
Florida new IS, 96 bid, 9S asked; South
Georgia and Florida first mortgage rs,
| 1903 bid, 105 asked; South Georgia and
Florida second mortgage Is, 1902 bid, l04
asked; Ocean steamship 3 per cent.
bonds, 1926, 102la bid, 103 asked City and
Suburban Railroad first mortgage per
cent. bonds, bid, 70 asked; Electric
Railway 5, due 1885, IA bid, 10 asked; Ala
bama Midland per cent. indorsed. SIS bid,
| So asked; Brunswick and Western Is,
- bid, 20 asked; South Bound railroad S.,
| 20 bid, 70 asked; Southern Railway 5s, 80
bid, 81 asked; Georgia and Alabama first
preferred S. 981s bid. 100 asked; Georgia
and Alabama first consols, so bid, u
asked.
Railroad Stocks-Augusta and Savan-
nah, 9415 bid, 95JA asked; Georgia common,
! 1874 bid 1877 asked Southwestern, 94ls bid,
road stock, 1903 bid 1O4 asked; Atlanta and
West Point per cent. certificates, lUl
| bid, 102 asked Savannah Construction
| Company, 20 bid. Y asked.
| Gas StocKs-Savannah Gas Light stock,
| % bid % asked; Electric Light and
Power Company, 65 bid 20 asked.
| Bank Stocks, Etc.-Citizens Bank, 109A
bid, 11Olk asked; Chatham Bank, 46 bid.
| AZ asked; Germania Bank, 107 bid, 10S
asked; Merchants National Bank, 80 bid,
asked; National Bank of Savannah,
| 127 bid. 1870 asked: Oglethorpe Savings and
| Trust Company, 1O2 bid, 104 asked; South
ern Bank of the State of Georgia, 1863 bid,
| Ill asked; Savannah Bank and Trust Com
| pany, 101 bid 1921 asked; Chatham Real
! Estate and Improvement Company, A, "a
bid, - asked; b, 5Oh bid 511z asked; Peo-
| pies Savings and Loan Company, 81 bid,
| SO asked
| Factory Bonds-Augusta Factory, 6s, 100
bid. 1902 asked; Sibley Factory IS, 100 bid.
| 101 asked; Enterprise Factory SIS, l0l bid,
| 102 asked; Eagle and Phenix Manufacture
ing Company. 6 per cent. bonds. 40 bid, 30
| asked
Factory Stocks-Savannah Cotton Fac
| tory, - bid, so asked; Augusta Factory, n
| bid, 50 asked, ex-div.; Graniteville Fac
| tory. 145 bid, $50 asked; Langley Factory,
| 100 bid, los asked Enterprise Factory,
common, IS bid, 100 asked; ]. p. King
Manufacturing Company, 102 bid. los ask
1 Gu OtDlty Company, 10 Dlut
n asked; Savannah Brewing Company, "a
bid, 81 asked.
| London, Dec. 7.-Bar silver, 297sd. Con-
soils 111% for money and liz for the account.
Paris, Dec. I-3 per cent. rentes l03
francs 80 confines for the account.
New York. Dec. Mooney on cali was
easy, 11z02 per cent; the last loan was ~
per cent, and at the closing was offered
at ~ per cent. Prime mercantile paper,
/ QlLI14 mar EiiUar RtILOs cfa M
exchange easier with actual business in
bankers bills at 81 S34a4.H for sixty
days, and $iS611d4. S6s4 for demand. Post
ed rates, $4.si54a4.S71z. Commercial bills.
| 81. 82l3GC4. 1914. Government bonds steady;
state bonds dull; railroad bonds easier.
Silver at the board was quiet.
New York, Dec. 1.-THE treasury ball
ances were as follows: Coin, $l2l, eOi. 12S;
currency, $H90, 1885,
New York, Dec. Z. noon.-Erie, 15ss
Northwestern, 1O6; preferred, 1853; Lake
Shore 1866; Norfolk and Western preferred,
11A; Western Union, 81; Southern Railway,
common, 10A; Southern Railway, preferred,
SO1z; American Sugar, 1893; Baltimore and
Ohio, Is; Canada Southern, 1914;
ST. Paul, 75h; Rock Island 69ls;
Delaware, Lackawanna and Western,
1853; Manhattan. 96iz; Michigan, 90; New
York Central 951s. Speculation dull but
firm.
New YORK, Dec. Depreciation al the
| stock exchange was held in allegiance dur
| ing the great part Of the day by the de-
sire to defer operations until the contents
Of the Presidents message to congress be-
came known. Until the details of the mes
| sage became public property the dealings
| were OF a hand to mouth character, and
were confined mainly to the room traders.
At the start the sales were generally az
small concessions from Saturdays final
| figures. Tobacco and Manhattan were
notable exceptions the former selling OF
| IN TO 1874, and the latter ia to 95h. To-
| bacco was unfavorably influenced by rus
mors Of fresh competition and by reports
| that decision in the New Jersey courts
affecting the charter Of the company
| would be rendered shortly and would be
! adverse 10 the trust. Shortly after the
/ opening, General Electric ran up ~ 70
I 33@i. and Laclede Gas 2% to 25A. In SYM
pa thy with these movements, the leadlrg
shares improved X to per cent, but the