The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-03-13
FINANCIAL.
Money-Stead'

FINANCIAL.
Money-steady.
Foreign Exchange.-The market was
nrm. The following are net Sa-
vannah quotations: Commercial demand.
Si.S614; francs, Paris and HaVre sixty
days, S5l93s; Swiss Sixty days, S52l1i;
marks. sixty days, "a 1916
Domestic Exchange-The tone OF the
market is quiet. Banks are buying at
par and selling at lilo per cent. premium
for amounts to $1,000 and over.
Securities-The market is quiet and
steady at quotations. and but very little
doing. Some weakness exhibited in Geor-
gia railroad stock, owing to uncertainty
of continuance of the lease.
Stocks and Bonds-State Bonds-Geor-
GA, ~ per cent. bonds of 1899, 1919 bid.
l02A asked; Georgia 3lA per cents, due 1915
1919 bid. 1927 asked; Georgia AZ per cent
bonds 1915. 114A bid, 1l5A asked; Georgia
Smiths maturity, 1886, l0l bid, 1011z asked;
City Bonds-Atlanta per cent. 1O7 bid.
1OS asked; Augusta as, 1925. 1O5 bid, 1O6
asked; August per cent, ill., bid, 112l5
asked; Augusta per cent, 112 bid 113
asked; Columbus 8 per cent. lC3 bid, lO4
asked; Macon per cent, 116 bid,
y A aSEfd conpon is BSE cen aEgd s
vannah per cent, quarterly May
coupons, 100 bid. 1O915 asked; Charleston
Railroad Bonds-Savannah Florida and
Western railroad general mortgage bonds.
6 per cent. interest coupons, 1141a bid,
consolidated per cent. coupons, January
and July maturity, 1897, 102R bid, 1891
asked; Central Railroad and Banking Com
Psany asfe olatera Central ESid iS Seor bid
III bid 112 asked; Central Of Georgia rail- rail-
s115 bid, SO asked; Central of Georgia rail,
way. first preferred incomes, 81 bid, 80
asked; Central Of Georgia rail-
isI2 bid ~ asked Central ai0''y Of
Georgia Railway, third preferred in
comes: j. asked; go, Georgia, rail-
lotte, Columbia and Augusta frs Is
lO5 bid, 1O6 asked; Charlotte, Columbia
and Augnsts e eeeGnd mG}Ehtgage Is, us bid
new 5s, IS bid SO asked; South Ceor
gia and Florida first mortgage Is. 1O5 bid.
ond mortgage Is. 1O4 bid, = asked; Sa-
vannah, Americus and Montgomery IS.
S. bid, sc asked; Ocean Steamship 5 per
cent bonds, 1920, 100 bid none offered; CITY
and Suburban railroad FIRST mortgage 7
per cent. bonds, 7e1a bid, 79 asked; Elec-
trio Railway 5s, due 1885, "a bid, Is asked:
bid, 90 asked; Brunswick and Western As.
- bid 70 asked; South Bound railroad 5s'
- bid, 761A asked; Southern Railway Isl
Railroad Stocks-Augusta and savan.
mon iS0 bid, l65 asked: SoutRwesteerrrpr-
Point nt0 railroad stock 100 bid, i62 as TeSt
tf fis 100 bid, iOl asked; Savannah Con- e
struction Company, - bid, rs asked.
Gas Stocks-Savannah Gaslight stock.
221s bid. % asked; Electric, Light and
Power Company 81 bid, Is asked;
112I bid, 11S asked; Chatham Bank
49H bid, 50 asked; Germania BANK
Bank, iO2 bid 1913 asked National Bank aiiSH OF
Savannah, 1929 bid, 1874 asked; Ogle-
thorpe savings and Trust Company, iO5
of Georgia, 10 bid, Ill asked: Savan9
nah Bank and Trust Company. 1887 bid
iIOla asked; Chatham Real Estate
81 asked B, 81 bid, Sly asked:
Peoples Savings and Loan Company, 90
bid 81 asked.
Factory Bonds-Augusta Factory Go
lO31b bid, 104 asked; Sibley Factory Is, I00
bid 1O1 asked; Enterprise Factory IS M
bid, los asked; Eagle and Phenix Manu-
bid, S21A asked.
Factory Stocks-Savannah Cotton Fac
tory, so bid, "a asked; Eagle and Phenix
Augusta factory. rs bid. g asked; Gran:
iteville Factory, 1855 bid, 1853 asked; Lang
ley Factory, l6 bid. 1 1SS asked; EnterPrise
J. P. King Manufacturing Company, los
bid. ITO asked; sibley Manufacturing Com
Pany 50 bid Sd as * a:E Savannah Brewing
London, March, 12.-Bar silver, 81 7-16d.
Consols, 1925 for money and 100 1916 for
New York. March 12.-Money on call
easy at 3d31a per cent; the last loan was
at per cent, and at the closing was Of
fered at 3 per cent. Prime mercantile
paper 5Q5l2 per cent Bar silver, 6S5sc.
Sterling exchange easier with actual bust
ness in bankers bills at A.S6A for so days
and s4.s724 for demand. Posted rates
81 S71Id SS15 Commercial bills, $4S61
4 S6A. Government bonds steady. State
bonds quiet Railroad bonds firm. Silver
at the board was dull.
ances were as follows: Coin, 1924, 965 056;
New York, March p, noon-Erie. 1874;
Northwestern, 1O4; do preferred, 145ll;
preferred, 7; Western Union S5% South
ern Railway, common, 919; do preferred.
3O15; American Sugar, 116l4; Canada
Southern. so; St, Paul, 77Ss; Rock Island,
725s; Delaware and Hudson. 126; Della
ware, Lackawanna and Western, 1904;
Manhattan, 1854; Michigan Central, 95;
New York Central, 93t.
New York, March 12.-The excitement
in Tobacco subsidized to-day, and the trans
actions in the stock were only 50, 800 shares,
against 230, 800 shares yesterday. The price
ranged between 1874 and S0A, while yester-
day sales were recorded all the way up
from 75A up TO S2A. The falling off in
business was ascribed to the fact that
the short interest in the stock had been
covered. General Electric was second in
point of activity, and 1890 shares were
traded in. The stock first advanced l to
3S15 and then broke to 36lz, with a subse-
duent recovery to 373s. The early advance
was brought about by reports that the
Westinghouse, had finally reached an
agreement as to territory, patents, etc.
The directors we're IN session all day.
hut up to the close Of the stock exchange,