The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-07-28
FINANCIAL.
ATonev-Steadv

y
Foreign EXchange-The market was
uftn. The following are net Sa-
slnnan quotations. Commercial demand
$$4-SSss4; sixty days. S4.S7; ninety days.
days, $5.l734; Swisz sixty days, S5l9:
marks, sixty days 95
Domestic Exchange.-Steady Banks are
buying at Is per cent. discount and selling
as follows: For amounts TO SIS, Zoe prem
ium; to $50, 10 cents premium; to $lO0, 20
cents premium; to 900, % cents premium;
for 500 or over at par.
Securities market is again inactive
and very dull
Stocks and Bonds-state Bonds-Geor-
gia, 81 per cent. bonds Of 1880. 1O1 bid
102 asl ed; Georgia 3l5 per cents. due 1915.
10lA bid, 10l15 asked; Georgia AZ per cent.
bonds, 1915, ll3 bid, ia asked; George
4 per cent, due 1926, 10Sl2 bid, 1922 asked
South Carolina AIS, 104 bid, 1O5 asked
City Bonds-Atlanta per cent, los bid /;
106 asked; Augusta 4l2s, 1925, 104 bid, IO4J5
asked; Augusta 7 per cent, lib bid, ia
asked; Augusta per cent, 112 bid, ll3
asked; Columbus per cent, 1903 BID, 1O4
asked; Macon per cent, III bid lis
asked Savannah per cent, quarterly Oc-
tober coupons, lO915 bid, 10 asked; Savan-
nah 3 per cent, quarterly August coupons
1O9 bid, 1851 asked; Charleston As, 81 bid,
Railroad Bonds-Savannah, Florida and
Western railroad general mortgage bonds,
6 per cent. interest coupons, 112 bid ia
asked; Atlantic and Gulf first MORTGAGE
.
and July maturity, 1897. l0l bid l0lls
asked; Central Railroad and Banking
Company collateral gold 5s, IS bid
SO asked; Central of Georgia
railway first mortgage IS, 1915. - BID,
112 asked; Central of Georgia railway
consolidated 5s, 50-year gold bonds, 81
bid, SS12 asked; Central of Georgia railway
first preferred incomes bid. 26 asked;
Central of Georgia railway second pre-
ferred incomes bid, u asked; Cen
trail Of Georgia railway third preferred in
comes, = bid. asked; Georgia Rail
road 6s, 1910, llO bid, III asked
Charlotte, Columbia and Augusta
first IS, 1921 bid, 1881 asked: Charlotte
Columbia and Augusta second mortgage
z, 10 bid, 112 asked; Georgia Southern
asked; South Georgia and Florida first
mortgage rs, 106 bid, asked; South
Georgia and Florida, second mortgage Is,
and Montgomery IS, - bid, 69ia asked;
Ocean Steamship 5 per cent. bonds, 1925
= bid, So asked; City and Suburban
railroad first mortgage per cent bonds,
I bid, IS asked; Electric Railway 5s
due 1885, = bid, 20 asked; Alabama Mid
land per cent. Endorsed, - bid, 80 ask
ed; Brunswick and Western As, - bid, IS
asked; South Bound railroad 5s, bid
rs asked; Southern railway SIS, S115 bid
S2I5 asked; Georgia and Alabama 5 con-
soils, - bid, Y asked.
Railroad stocks-5Aaugusta and sayan-
nah, So bid. 80 asked. ex-div;;
i
asked; Southwestern, s. bid, IS
asked ex-div; Atlanta and West Point
railroad stock, - bid, SO asked; Atlanta
and West Point 6 per cent. certificates, -
bid IS asked; Savannah CONSTRUCTION
Company, = bid, 1872 asked.
Gas Stocks-Savannah Gas Light stock
20 bid, q asked, ex-div.; Electric Light
and Power Company, 55 bid, 60 asked, ex-
Bank Stocks. Etc.-Citizens Bank. Ill
bid, 1111A asked, ex-div.; Chatham Bank.
46 bid, As asked, ex-div.; Germania Bank,
1906 bid, 107 asked, ex-div.i Merchants Ma
tional Bank, go bid, "a asked; National
Bank of Savannah, 131 bid, 1872 asked, ex-
div; Oglcthorpe Savings and Trust Com
pany, 104 bid, 1O5 asked, ex-diV.; South
ern Bank of State of Georgia. 1914 bid,
1851 asked ex-diV.; Savannah Bank and
Trust Company, 1O6 bid, lO715 asked, ex-
div: Chatham Real Estate and Improve
ment Company, A, SO bid, 5S12 asked; B,
80 bid 50I6 asked, evdiv.; Peoples Savings
and Loan Company, 911z bid, 9213 asked.
Factory Bonds-Augusta Factory 6s, lO2
bid, 10S asked; Sibiey Eactory 6s' 1o0 pid'
1O4 asked; Eagle and Phenix Manufac-
turing Company, per cent bonds - bid.
Factory Stocks-Savannah Cotton Fac
tory. - bid, so asked; Augusta Factory,
n bid. so asked, eX-div.; Graniteville Fac
tory, las bid, $50 asked; Langley Factory,
1O8 hid 40 asked; Enterprise Factory,
common, IS bid, 102 asked, ex-div.; 2.
King Manufacturing Company, 105 bid
1OS asked; Sibley Manufacturing Compa-
ny, rs bid, Is. asked; Savannah Brewing
Company, - bid. 70 asked.
London, July 27.-Bar silver, 31%d. Con-
soils. 11S 5-16 for money and 1lS$ for the
New York, July. 27-Money on call was
at per cent. the last loan was at 2 per
cent and at the closing was offered at
per cent. Prime mercantile paper, 5120o
per cent. Bar silver 6S5sc. Sterling ex-
change quiet with actual business IN pank-
ers' bills at S4.S712Q4.SA for sixty days;
and 81 S81a04. SS% for demand POSTED
rates. "a. S8T4 SO. Commercial bills, S4.S6AD
ASH Government bonds were easier
State bonds were dull. Railroad bonds
were irregular. Silver at the board was
steady.
New York, July -27.-The treasury bal
ances were as follows: Coin, $l16,SO9S04;
currency, ST., 52S, us, 900,
New York, July q, noon.-Erie, 1875;
Northwestern, 945s; preferred, 14S; Lake
Shore, 145 Norfolk and Western, pre-
ferred 1Oai Western Union, 7912 South
ern Railway common, IA; southern halt-
way preferred 201s; American Sugar lO4;
Baltimore and Ohio IS; Canada southern,
451s: St Paul, 20: Rock Island, 56A; DeIa-
ware and Hudson, 120ls Delaware, Lack
awanna and Western, l92; MahhaItani N
9015 Michigan Central gig; New YORK
Central, 92A Speculation steauy at
New York. July 27.-The security mar
kets to-day were quiet throughout SAFES
We're smaller than Tor long llIAle PtiStt
the dealings in stocks aggregatng ll6 so
shares. and in railway and miscellaneous
s734 900. At the opening there was mod
crate pressure to sell, the action or the
poDulists at st Louis Saturday having
created a bearish sentiment both here
and in London Foreign operators sold
from 10000 to $4,000 shares of St. Paul and
J,ouisyiile and Nashville. and local trad
ers nut out smaller lines of short stock.
finder this process the list yielded any
where from 4 to Pc per cent, Jersey Cen
trail Sugar. the Changers, Lead preferred,
Louisville and Nashville and Manhattan
scoring the heaviest losses. Later on
rally ensued on the announcement that
the committee of foreign bankers had
COMPLETED their plan for the prevention
of gold exports. While no details were
chtainable from official sources. it is learn
ed that the plan provides for the forma-
ton of a powerful syndicate to control
the sterling exchange market and the
cooperation of local. as we'll as London,
Berlin and Paris bankers So far as the
ability Of the syndicate to carry out the
scheme Is concerned It may be said that
the belief IS general that the b9nkers win
control the situation, without a shadow
OF a doUbt until the presidential cleo
ton In the afternoon rally Sugar, the
Crangers and Chicago Gas were most