The morning news. [volume] (Savannah, Ga.) 1887-1900, 1897-05-08
FINANCIAL.

Money-The market is easy; demand
good.
The bank clearings for the past week
were 81, 1868, 124.14 against 1854. 0.99 for
the same week last year and 81 1923, 2l3.51
| for the same week in 1893.
Foreign Exchange The market is
dull The following are net Savannah
| quotations. Commercial, demand, SASSY /.
sixty days. $4.S5A ninety days, $4S5;
francs, Paris and Havre, sixty days,
5.lSIb; SWISS sixty days, 5.21as; marks,
| sixty days, 81 15-l6
Domestic Exchange-Steady. Banks are
buying at par and selling follows: Up
| to S25 10c premium; $25 to $50, 15c premium;
| $50 to 500, zoe premium; $500 and up to
81. 600, u per cent. premium; $1,000 and
over, 81 per $1,000.
Securities-The market is quiet and dull.
Stocks and Bonds-State Bonds-Georgia
S1b per cent bonds of 1890, 1929 bid, 10Sl5
asked; Georgia S1a per cent, due 1915, 1919
| bid 1O2Ik asked; Georgia Az per cent.
bonds, 1915, 1141A bid 1854 asked; Georgia
4 per cent, due 1926, 10 bid Ill asked :;
South Carolina AIS, 1903 bid. 100 asked.
CITY Bonds-Atlanta per cent, 1O4 bid,
! 105 asked; Augusta AIS, 1928, 1903 bid, 104
! asked; Augusta Z per cent, 112 bid 113
| asked; Augusta per cent, Ill bid 112
! asked; Columbus s per cent 1913 bid, 1O4
| asked; Macon 6 per cent, lis bid, ZIG
| asked; Savannah per cent, quarterly
| July coupons, lUt12 plu' IVc aSkedi Sa-
vannah per cent. quarterly August cou-
| mons. 1O71a bid. 1OS asked Charleston 49,
931k bid 9415 asked.
| Railroad Bonds.-Savannah, Florida and
Western railroad general mortgage bonds,
! 6 per cent. interest coupons, 1121a bid,
asked: Atlantic and Gulf, first mortgage
| consolida ted per cent. coupons, January
| and July maturity. 1897. 1912 bid. 1921 ask
ed; Central Railroad and Banking Com
pany collateral gold 5s, SO bid. SO asked;
| Central of Georgia railway first mortgage
5s. 5O-year gold bonds, 112 bid, 113 asked !;
| Central of Georgia railway first consoli-
| dated mortgage 5s, So bid, 80 asked Central
| of Georgia railway first preferred in
| comes, 271A bid, 2S1s asked; Central of
| Georgia railway, second preferred In
| comes, 10 bid, II asked; Central of Georgia
| railway third preferred incomes, bid, 6
asked; Georgia railroad 6s, 1910, ITO bid,
| III asked; Charlotte, Columbia and Au-
gusta first IS, 1906 bid - asked: Charlotte
| Columbia and Augusta second mortgage
| IS ia bid lis asked; Georgia Southern
and Florida, new, 5s, 94la bid, 9515 asked :;
| South Georgia and Florida first mortgage
Is 1927 bid 1884 asked; South Georgia and
| FLORIDA second mortgage Is, 102 bid. 1OS
| asked: Ocean steamship per cent. bonds
1926. 1902 bid, asked; City and Suburban
| railroad first mortgage per cent bonds
- hid "a asked; Alabama Midland 5 per
! cent. Endorsed, 80 bid, 80 asked; Brunswick
and Western As, 65 bid, 20 asked; South
| Round railroad IS, 6715 bid, 69lb asked. .
Southern railway IS, STU bid, So asked :
Georgia and Alabama first preferred IS,
lO2lh bid, 1O4 asked; Georgia and Alabama
first consols, so bid, 81 asked
Railroad Stocks-Augusta and Savan-
nah. 80 bid SO asked; Georgia common.
1856 bid. 100 asked: Southwestern, 91l5 bid
92ib asked; Atlanta and West Point rail-
| road stock 9S bid, SO asked; Atlanta and
! West Point per cent certificates. 80
| bid. 100 asked; Savannah Construction
| Company, SO bid, 70 asked ex-div
| Gas Stocks-Savannah Gas Light stock
| 2Olb bid, 211a asked: Electric Light and
| Power Company, - bid, 60 asked.
| Bank Stocks, Etc.-Citizens Bank. 100
bid - asked Chatham Bank AN bid, 49,
] asked; Germania Bank l08 bid lO9 asked /:
Merchants National Bank SsIk
bid, S7i5 asked; National Bank
of Savannah, 124i5 bid, 1851
asked; Ogethorpe Savings and Trust
| Co. 1903 bid, 105 asked; Southern Bank
of the State of Georgia, 157 bid, 159 asked
| Savannah Bank and Trust Company. 1Ol
| bid 1Olst asked; Chatham Real Estate and
Improvement Company, A 81 bid 54lk
| asked; b. 52h bid, 50 asked; Peoples Saw
ings and Loan Company. 81 bid, 92 asked
Factory Bonds-Augusta Factory Is, 10i
| bid 102 asked Enterprise Factory IS, 100
| bid 101 asked; Eagle and Phenix Manu-
featuring Company, per cent. bonds 40
| bid AZ asked: Sibley Manufacturing Com
pany 6s, 101 bid, 102 asked.
Factory Stocks-Savannah Cotton Fac
tory, bid, Is asked Augusta Factory, 30
bid, SO asked; Granitevlle Factory 145 bid
| 15l asked; Langley Factory, 104 bid, 1857
asked Enterprise Factory common, %
| bid, 90 asked; J. r. King Manufacturing
Company, lN bid. 105 asked; Sibley Manu-
featuring Company, 20 bid. &c asked: sa-
vannah Brewing Company, - bid, 50 ask
! ed.
New York, May money on call was
easy at 1A01k per cent; the last loan was
| at ~ per cent, and at the close was Of
! fered at ihdlh per cent. Prime mercan-
tile paper, 3lzGi4 per cent. Sterling ex-
change firmer with actual business I'm
bankers bills at A.S749A S7k for demand
and at A.S6QlS GA for sixty days Posted
rates, A.S6k@4.a and A.SSQ4 8Slk. Com
mercal bills, 81. S564 .85h. Silver certif-
Gates, G0IzN6lc. Bar silver. 6Oikc Mexican
dollars. 47hc. Government bonds easier;
state bonds were dull; railroad bonds were
weak.
New York, May THE total bank clear
ings during the week In the United States
were S.12O.s74SS2. Per cent decrease 1.6.
Exclusive OF New York $is3, 223,03 Per
cent. decrease 5.S.
Now York. May 1.-THE Evening Posts
London financial cablegram says. "The
sleek markets were quiet hut firm to-day.
o. the bellel Aual an afHlbuce between
Turkey and Greece VIII soon be declaied
Ccnsois and similar securities closed at
tho best. Brazlls alone were fiat on the
iuriher fan IN exchange. With the SOL
ternent approaching the restriction Of
business Is natural. but II eastern mat
tcia improve greater activity Is looked Tor
ST the next account. Kaflrs were steady
or the gold fields company's satisfactory
meeting. AZ which the scheme for new
shares was approved. Practically all Tho
money necessary for payment tomorrow
OF q $4,000 from China 10 Japan has boon
transferred TO the Bank Of England. ma
yot the Outside supply Of cash 10 abuni-
ant which Is signlfcant The April trade
rotruus are satisfactory The imports
show small decrease. American shlp.
mems Of cotton being about half those OF