The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-03-17
FINANCIAL.
ENTHUSIASTICALLY

I
| barely steady. The following are net Sa-
| vannah quotations: Commercial demand.
%.Sa14; sixty days, S4s614; ninety days,
days. $5I9ls; Swiss sixty days, S5.2i;
marks. sixty days, "a 1916.
Domestic Exchange.-The tone or the
market is quiet Banks are buying at
par and selling at lilo per cent. premium
for amounts 70 $1,000 and over.
and inclined to be nominal.
Stocks and Bonds-State Bonds-Geor-
IO2A asked; Georgia Slk per cents. due 1915,
1919 bid, 1922 asked; Georgia AZ per cent.
! bonds, 1915. 114s4 bid, 1l5A asked; Georgia
South carolina 4iks. iO7ik bid, ioSE ASKED.
City Bonds-Atlanta Z per cent, 107 bid,
los asked; Augusta AIS, 1925. los bid. los
asked; Augusta per cent, 111I5 bid 11215
asked; Columbus per cent. 1C3 bid, 104
asked; Macon per cent. ZIG bid.
" April coupons, 100 bid, - asked: Sa
vannah ; per cent, quarterly May
Railroad Bonds-Savannah Florida and
Western railroad general mortgage bonds
asked; Atlantic and Gulf first mortgage.
consolidated per cent coupons, January
ana July maturity. 1897. 1929 bid. 1881
REainy' asf SSa' Central 81 e aeor 9ia
railway S5 10 fs Tst Ge0 0Ttsag Sf S. ls
Wav &c consolidated IS, 5o-year gold bo Tl-
9lIb bid, SO asked; Central of Georgia rail.
way first gp@ preferred incomes 81 bid 50
Tay bid d1'I 37s asEsd; Central Iaii0mS oii
e GsDFsA q asked Ge e5TffiFred rail- IN
road road 6s, 1870 ii2 bid. ia ASKED; char h!
lotte.. Columbia and Augusta tirst IS.
and Augusta second mortgage Is, l15 bid.
l16 asked; Georgia Southern and Florida
gia and Florida first mortgage Is, los sid bid,
. asked; South Georgia and Florida sec.
ond mortgage Is. 1O4 bid, asked; Sa-
s5 IBID bid. &c asked Ocean Steamship 5 pe s.
/ cent, bonds, 1920, 100 bid, none offered; CITY
and Suburban railroad first mortgage z
Ptric Railway IS, due 1885. "a bid, Is asked
Alabama Midland per cent; Endorsed, -
- III hid rs asked; South Bound railroad re-
: bid, 761a asked; Southern Railway 5s'
90 bid 81 asked. o.
Railroad stocks-Augusta and savan.
nah, 93la bid, 9ilz asked; Georgia COM
mon, bid, 1854 asked; Southwestern
% bid, $50 asked; Atlanta and West
Atlanta and West Point per cent H ceri
1ificates 100 bid. 1O1 asked; Savannah Ger Ger
st true tiSSttocksMsavannah Gss JlHheq' -
221b bid % asked: Electric Light and
Power Company, s. bid, : asked. anu
49E 49, bid, 50 asked; Germania Bank Bank
los bid, 1o9 asked SIX M M National
savannah, 1924 bid. 1874 asked; Oele-
thorpe Savings and Trust Company, 1861
bid, = asked; Southern Bank of State
nah Bank and Trust Company, 10s Bid.
asked; Chatham Real Estate
and Improvement Company. A, 5S1s bid.
Peop aeses Savings and Loan Sompa aSkeS g
bid, 81 asked.
1872 bid, 10S34 asked; Sibley Factory IS, 100
bid 1O3I5 asked; Enterprise Factory 6s, lO5
bid JOG asked; Eagle and Phenix Manu-
featuring Company. per cent. bonds. 50
Factory Stocks-Savannah Cotton Fac
tory, go bid, GA asked; Eagle and Phenix
Manufacturing Company, % bid, q asked;
iteviIle Factory, 155 bid 1853 asked; Lang
ley Factory, 1O7 bid, Jog asked; Enterprise
FafP5orKKi King ma1nfactnriRg ompan aske6
bid, 10 asked: Sibley Manufacturing Com
pany 70 bid, so asked; Savannah Brewing
Company. bid. Sc asked.
London, March 16, p. m.-Paris ad-
vices quote per cent rentes, 102 francs,
centimes for the account.
New ork. March 16.-Money on call was
frmer, at 312G4 per cent; the last loan
was at 3i5 per cent, and the closing was
offered at 80 per cent. Prime mercantile
Sterling exchange weak, with actual bust
ness in bankers bills at $4.S615d14 S624 for
sixty days, and S4.S71aG4s72l for demand.
Posted rates. s4.S712G4.s $50. Commercial
bills. s4s5lka4 S6A. Government bonds
steady; state bonds dull; railroad bonds
irregular Silver at the board was quiet.
New York, March 16, noon.-Erie, 1875
Northwestern. 1885, do preferred, 1877;
Lake Shore, 146; Norfolk and Western pre-
ferred, IA; Western Union, S51s; Southern
Railway, common, 81; dc. preferred, 3O5s;
American Sugar, 115; Baltimore and Ohio,
1913; Canada Southern, 49%; st. Paul, 767s;
Rock Island 717s; Delaware and Hudson,
Tlola T.aHKaWann9
tern 1917; Manhattan, 103l5; Michigan
Central. 50; New York Central, 971s. Mar
New York. March 16.-Speculation at the
Stock Exchange to the regret of commits
sion houses, continues narrow and pro-
fessional To-day the transactions in the
regular list were 179 6S4 shares, and of this
Tobacco which is only half stock or $50
par value, figured for 64,lOO; General Elec-
trio for 1890; Sugar for 1900. and Leather
preferred, IA, 900. There was little news
afoat to affect speculation outside of the
publica ton of the Northern Pacific plan
of reorganization Even the effect of this
important announcement was only pass
ing in its character. This probably can be
explained by the fact that the provisions
of the plan are so far reaching that the
street quick as it is to discount future |
events, has been unable to fully grasp the
subject matter. The assessments on this
stock however. were considered heavy |
and some of the holders of the third mort |
cages were of the opinion that their in
ferests had been sacrificed for the consols. |
The first effect of the publication of the
man was a decline in the common to liz, |
and in the preferred to ia. The consol |
fiVe's. on the other hand, rose from 45iz |
to 49ihd4S&. The Northern Pacific issues |
of stock were not very active, however, |
only 13, coo shares being transacted, but in |
bond transactions the dealings in the is |
sues of the company footed up 81, Isl, goo |
in a grand total of 50 0SS, 600 The general |
railway list presented little of interest |
At the opening the tendency was down. |
ward but after a moderate reaction the |
market improved. The Industrials monop-
olized attention. Tobacco which has been |
sold right and left of late, took on con- |
siderable strength and gradually worked |
up to "a. the highest figure for some time
past. Sugar opened at 114A ex-dividend Of |