The morning news. [volume] (Savannah, Ga.) 1887-1900, 1897-01-03
EN- ANCIAL.
Ioney-The market is easv.


$l24,So2, 1927 in 1895
Foreign Exchange-Market steady.
| The following are net Savannah quota
tons: Commercial demand, $4S5A; sixty
days %&; ninety days, $4.SOla; francs,
Paris and Havre, sixty DAYS, $50; Swiss
sixty days, 5.2S7s; marks, sixty days, 94h.
Domestic Exchange-Steady Banks are
buying at y per cent. discount and selling
as follows: Up to $25, 10c premium; S25 to
500, l5c premium; $50 to 800. zoe premium;
500 to 500, 25c premium; 500 and over at
par.
active.
Stocks and Bonds-State Bonds-Georgia
S1s per cent. bonds of 1880 100 bid, 1Oi ask
ca; Georgia Sl2 per cent. due 1915, 100 bid
lOl asked; Georgia AZ per cent bonds! 1915,
III bid, 113 asked; Georgia per cent.
due 1926, Ill bid, 112 asked; South Carolina
412s 105 bid, 106 asked.
City Bonds-Atlanta per cent. 1O5 bid.
1O6 asked; Augusta 41as 1925, 1O2 bid 1OS
asked; Augusta Z per cent, 112 bid, 113
asked; Augusta 6 per cent, 100 bid, ITO
asked; Columbus per cent, l04 bid, los
asked; Macon, per cent, III bid, 11S
asked; Savannah per cent. quarterly jan
uary coupons, 107 bid, 10724 asked; Savan-
nah per cent, quarterly February, cou-
| pons, lO7 bid, 107l2 asked Charleston As
"a bid, IS asked.
Railroad Bonds-Savannah, Florida and
| Western railroad general mortgage bonds.
6 per cent. interest coupons 112Ib bid ia
asked; Atlantic and Gulf first mortgage.
! consolidated Z per cent. coupons January
and July maturity, 1897, 100 bid, 1OOIb ask
ed; Central Railroad and Banking Com
pany collateral gold 5s, 81 bid, 80 asked; ,
! Central of Georgia Railway first mortgag e
IS, 50-year gold bonds, ITO bid, 112 asked;
! Central of Georgia Railway first CONSOLE
dated mortgage 5s, IS bid, 80 asked; Cen
Il fVsaI ..F 90. d..
| incomes, 81 bid, 80 asked; Central of
| Georgia Railway second preferred in
! comes 12la bid, 1872 asked; Central of
| Georgia Railway third preferred incomes
| 61s bid ~ asked; Georgia railroad 6s 1910
| los bid 10 asked; Charlotte, Columbia
and Augusta first IS, 106 bid, 107 asked; ;
Charlotte, Columbia and Augusta second
mortgage Is, 10 bid, Ill asked; Georgia
Southern and Florida, new 5s, SO bid 80
| asked; South Georgia and Florida first
mortgage rs, 1903 bid, 105 asked South
| Georgia and Florida second mortgage Is
| 1O2 bid 1G4 asked; Ocean Steamship 5 per
cent. bonds. 1926, 100 bid, 1O1 asked; City
and Suburban railroad first mortgage 7
| per cent bonds, 70 bid, Is asked: Electric
railway 5s. due 1885, IA bid, 10 asked: Ala
bama Midland per cent. Endorsed, SO bid
| So asked Brunswick and Western As. -
| bid, 70 asked; South Bound railroad S. 70
bid Is asked; Southern Railway IS SO bid
| 81 asked; Georgia and Alabama first pre-
! ferred S. 9Sl2 bid 100 asked; Georgia and
| Alabama first consols, so bid, 81 asked.
Railroad Stocks-Augusra and Savan-
nah, 94la bid, 95la asked; Georgia common
| 1874 bid 1877 asked Southwestern, 91s4 bid
| 921s asked ex-div.; Atlanta and West
Point railroad stock, 9S bid, 80 asked At
lanta and West Point per cent. certifi-
Gates SO bid, SO asked; Savannah Con
| structon Company, 70 bid, IA asked.
"a iohf cfO
22lb bid. % asked; Electric Light and
Power Company, 671s bid 6S19 asked, ex-div
Bank Stocks, Etc.-Citizens Bank, 1881
bid, 1881 asked, ex-div.; Chatham Bank
A bid, 40 asked, eX-div.; Germania Bank
104 bid. 1O5 asked, ex-div.; Merchants Ma
tional Bank, 80 bid, SO asked, ex-div.; Ma
tional Bank of Savannah,1H bid 100 asked !;
Oglethorpe Savings ara Trust Company
100 bid, 101 asked, eX-diV.; Southern Bank
of the State of Georgia, 165 bid, 16S asked,
ex-div.; Savannah Bank and Trust Compa-
ny, 100 bid. 101 asked eX-div.; Chatham
Real Estate and Improvement Company,
| A, 5215 bid, - asked; B, so bid, 501@ asked,
ex-div; Peoples Savings and Loan Com
yany, 90 bid SO asked
Factory Bonds-Augusta Factory, IS, 100
bid, 1O2 asked: Sibley Factory Is, 100 bid,
101 asked; Enterprise Factory 6s, 101 bid.
| 1O2 asked Eagle and Phenix Manufacture
| ing Company per cent. bonds, 40 bid, so
| asked.
Factory Stocks-Savannah Cotton Fac
tory, - bid so asked; Augusta Factory. so
bid, SO asked ex-div.; Granteville Fac
tory, $50 bid, Isl asked; Langley Factory
JOG bid. 1O7 asked; Enterprise Factory
common, 80 bid 102 asked; J. R. King
Manufacturing Company, 106 bid. 107 ask
ed; Sibley Manufacturing Company, 96 bid
9S asked; Savannah Brewing Company, "a
bid, 81 asked.
London, Jan. 2.-Bar silver % 1916; con-
soils Ill 15-16 for both money and the ac-
count.
Paris, Jan 2.-Three per cent rentes
| 10o francs AZ confines for the account.
New York, Jan. money on call, 11562
per cent. Prime mercantile paper, 51R@4
per cent. Sterling exchange dun, with
actual business in bankers bills. at S4.S3%
| G4S4 for sixty days and $4.S612 for de-
mand Posted rates, $4.S4Q4&. CONNER
cial bills, $4S2d4S3 Bar silver, 647sc.
| Government bonds were steady; state
| bonds were dull; railroad bonds were
higher. Silver at the board was neg
lected.
New York, Jan. 2.-The treasury bal
ances were as follows: Coin, 1922, 2O7, 547;
currency $50, 295,554.
New York, Jan. 2.-The weekly state
mont of associated banks shows the fol-
| lowing changes; Reserve, decrease, $l,O2z,-
| $50: loans increase, 49, 02 800; specie, de-
S639, 700; deposits, increase, $4,947, 800; circu-
| lation. decrease, $159,9OO The banks now
held S3S, 2S6, $50 in excess of the legal re-
| quirements.
New York, Jan. 2, noon.-Erie Is;
Northwestern, 1O25s; do preferred, l511s;
Lake Shore, 15134; Norfolk and Western,
preferred, 1917; Western Union, S37s;
Southern Railway, common, 9A; Southern
Railway preferred, 2l$s; American Sugar,
111H: Baltimore and Ohio, Is; Canada
Southern, Al; st. Paul, 1885; Rock Island,
66Ih; Delaware and Hudson, 1853; Della
ware Lackawanna and Western, 1867;
Manhattan SOS; Michigan Central, SIS;
New York Central, 80. Speculation closed
firm.
New York, Jan. 2-Trading at the
stock exchange was again on a moderate
scale. the sales footing up only $3.50
shares, of which 1880 were Reading, $500
General Electric and $500 Sugar. A firm
err tone characterized the dealings and the
feeling was more confident. In bull cir
cles 1t was expected that heavy January
disbursements, something like IOOOOOOOO,
would be reflected in higher prices in the
early future. The additional bank fail
OIL g.s and 14nh M