The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-05-28
FINANCIAL.


lUza4 asked Georgia 35a per cents, due 1915,
maturity 1886. 1919 bid 1921 asked; Georgia
AZ per cent bonds, 1915, 1l4iA bid. lis asked;
South Carolina as, l0Sl2 bid, 100 asked.
City BOnds-Atlanta I per cent, lO7 BID
Jos asked; Augusta 4l5s, 1925. 10f bid los
asked; Augusta Z per cent, ll4ia bid, ISL
asked; Augusta per cent, 1l2i2 bid ll3
asked; Columbus 8 per cent, l05 bid, ,Oi
asked; Macon s per cent, IL bid, rs
asked; Savannah per cent, quarterly
| July coupons, lOS12 bid, i09 asked; SaVan-
/ nah per cent, quarterly August coupons.
10Sl5 bid, 100 asked; Charleston As, 90 bid,
/ 81 asked.
Railroad Bonds-Savainah Florida and
Western railroad general mortgage bonds.
/ 6 per cent. interest coupons, 1l2 bid ia
asked; Atlantic and Gtdf first mortgage,
| and July maturity. 1897, 1O2h bid ia
asked; Central Railroad and BANKING
Company aae5 collateral Ga2irsig gold IS. g bid.
railway first mortgage IS, 1876 III I'D,
| ll2 asked; Central of Georgia railway
BID S asked; Central Of Georgia o rsi;va Z;
! first preferred incomes, % bid. 30 asked:
/ Central of Georgia railway second pre-,
| tral of Georgia railway third preferred IN
comes. bid, 10 asked; Georgia railroad
S. @bor,d 1872 c az b6ia' a NE asked
/ first IS, los bid. 1851 asked:
/ Charlotte, Columbia and AUGUSTA second
| Southern and Florida news IS, 9Cis bid az
/ asked; South Georgia and Florida firsf
mortgage Is, los bid, asked; South
! Georgia and Florida. second mortgage Is
! iO5 bid, asked; savannah, Americus
| and Montgomery 5s. 20 bid, I'll asked.
ocean steamship per per cent. bonds. 1921.
railroad first mortgage 7 per cent. bonds.
| rs bid Is asked; Electric railway 5s
| due 1885 10 bid, 20 asked; Alabama Mid,
/ land per cent. Endorsed, So bid, 90 asked.
| brunswick and Western, As - hid 7s
/ asked; South Bound railroad IS, - BID.
| Is asked; Southern Railway 5s, 80 bid.
/ so asked; Georgia and Alabama 5 con-
1 soils, 70 bid, "A asked
Railroad StockB-Augusta and Savan-
! nah. 9l1s hid. 92k asked; Georgia common
| 169 BID 10 asked; Southwestern. 80 hid
/ 81 asked; Atlanta and West Point rail-
road stock, lol bid lO2 asked; Atlanta and
| bid 1O2 asked; Savannah CONSTRUCTION
/ ton Company, 7412 bid, 7512 asked.
| Gas gtocks-Savannah Gas Light stock
] o0lL hid q asked: Electric Light and Pow.
er Company, 60 bid, Ga asked.
! Bank Stocks, Eac.-Citizens Bank, liz
hid ia asked; Chatham Bank 1917 bid
30 asked; Germania Bank, 1O9 bid, Ito ask,
| cd. Merchants National Bank lOl hid
iO2 asked; National Bank Of SAVANNAH
1S415 bid, 1876 asked; .Oglethorpe Savings
| and Trust Company, 106h bid. 1075b asked:
| Southern Bank of State of Georgia, 172 bid
/ ia asked; Savannah Bank and Trust Com,
! nanv 1O9 bid 10 asked; Chatham Real
! Estate and improvement Company A 81
/ hid. 54lb asked; B, Il bid, 5115 asked; Peo-
pies Savings and Loan Company. 81 bid,
q Factory Bonds-Augusta Factory 6s. 1902
! bid 1O3 asked; Slbley Factory 6s, lO2 bid
103 asked; Enterprise Factory 6s 1929 bid
! 103 asked; Eagle and Phenix Manufactur-
ing Company, per cent bonds, 70 Did, 80
asked. Co., e-
tory. = bid, SO asked; Eagle and Phenlx
1 Manufacturing Company, bid, Is asked /;
Augusta Factory, IS bid, 78 asked; Gran
| iteville Factory, $50 bid, 155 asked; Lang
! lev Factory, 108 bid, 10 asked; Enterprise
/ Factory, common, 100 bid, l05 asked; J. p
King Manufacturing Company, 108 bid, 10
asked Sibley Manufacturing Company, Is
| bid rs asked; Savannah Brewing Company
! - bid, 70 asked.
soils, 112 1916 for money and 1925 for ac-
count.
New York. May 27.-Money on call was
/ easy at 113Q2 per cent; the last loan was
/ at per cent, and at the closing was offer
/ ed al per cent. Prime mercantile paper,
! 4l5q5 per cent. Bar silver 6Sssc. Sterling
/ exchange quiet and firm, with actual buSi-
/ ness in bankers bills at $4.Sl1204.S7Si for 90
/ days and 81 SS%M4.SS4 for demand. Post
ed rates, $4.SSQ4891a. Commercial bills,
/ $4.S6s4@487A. Government bonds steady.
| State bonds dun. Railroad bonds easier.
! Silver at the board was firm.
New York, May 27.-The treasury bal
ances were as follows: Coin, $l09, 400 $50;
New York May q, Noon.-Erie, 14A i;
! Northwestern, 1852; preferred, 14Si2; Lake
/ Shore. 149; Norfolk and Western pre-
ferred, ~; Western Union. S51s; South
| ern Railway common, ~ Southern Rai-
way preferred, 237s; A1erl3 n Su-'ar. 12Sl2;
!
ern, 5034; st. Paul 767s; Rock Island, 7O;
| Delaware and Hudson 121; Delaware,
Lackawanna and Western 161; .Manhat-
! tan, l041s Michigan central, 81 New
| York Central, 9512. Speculation dull.
| New York, May 27.-There was a close
approach to absolute stagnation at the
| stock exchange to-day total sales foot
| ing up the meagre total of 65,O5l shares
| At intervals business came near to a
complete .standstill, the sales between l
| and 100 O'Clock amounting 10 only tnou-
! sand shares. In the time mentioned not
! a single transaction was reported IN the
! Industrial list, which is very unusual
! Their disposition to make new ventures
| is still due to the uncertainty regarding
\ the standing of the leading candidate
| for the presidential nomination. and the
| fear of hostile legislation by the Senate
| in the matter of government bond issues
On the other hand, the continuance Of
| the gold export movement and the low
| prices of farm products caused a little
| LIQUIDATION in certain securities. There
was no outside business to speak of, and
! the operations for foreign account cut
no figure in the dealings The changes,
| except in rare ms ances, We're confined to
| very narrow limits. General Electric
| scored the greatest variation among the
usually active stocks and fell from 352s
| to 1894 on the announcement of the or
! ganzatiOn of the Walker Company
with 6,re oapI1l oil S0V9Qgl3 10
b 51aiuI Gov -ioSu Flower and hR ks ass
| scciates. Only 800 shares of Manhattan
stock changed hands, and the decline was
| ascribed 10 a lack of demand rather than
| to any material alteration in the condi-
| ton of the property. Reading and Mis-
! souri, Pacific were somewhat lower on
| poor traffic statements, but the loss in
/ either case was slight. Sugar ranged be-
! tween 1925 and 124, closing at 123 while
| Tobacco ranged between 66A and 675s
| Distillers was without sale. Pacific Mail
| was another stock which was neglected.
| The preliminary report for the year was
| made public to-day and it was a compare
| lively good statement. Net earnings de-
| creased slightly compared with the
| nrevious year, but cash on hand increased
| over 100000 and now stands at 500 i39
| Just near the close Sugar developed
/ great deal more activity, and the traders
/ sold the railway list. AS a result specu-
| lation closed barely steady in tone. Net
! changes show losses of 1s411k per cent,
/ Sugar and General Electric leading.
/ Bonds were quiet and easier. The sales
! footed I'D $4,000.
New York stock disclosing Bids
j e,.-..l-a Rn.ll--- A aril.arl Co.