The morning news. [volume] (Savannah, Ga.) 1887-1900, 1897-06-27

%AsuNV "a per CENT Sl,WO and
over, 81 per S. 900.
Securities-Market is quiet and steady.
Stocks and Bohds-State Bonds-Georgia
Sls per cent bonds of 1880. 10SIk bid 1854
asked; Georgia 3is per cent, due 1915, l02h
bid, 1882 asked; Georgia AZ per cent.
bonds, 1915. lie bid, III asked; Georgia
4 per cent, due 1926, 1l01a bid, 1l2 asked:
South Carolina 41ss. 1OS bid, lO9 asked
City Bonds-Atlanta per cent, 1O4 bid,
100 asked; Augusta 415s, 1925, l04 bid, los
asked; Augusta per cent, liz bid. lis
asked; Augusta 6 per cent, III bid, 112
asked; Columbus per cent, 103 bid, 104
asked; Macon per cent, lis bid 1i6
asked; Macon AZ, 1926. 10il9 bid, lO5
asked; Savannah per cent, quarterly
July coupons, 1924 bid. ITO asked Sa-
vannah per cent, quarterly August cou-
pons. 1914 bid, 10924 asked Charleston As.
"a bid, IS asked.
Railroad Bonds.-Savannah, Florida and
Western railroad general mortgage bonds,
6 per cent. interest coupons, lI2l5 bid -
asked: Savannah. Florida and Western
first mortgage, per cent gold bonds, due
1884 105Ia bid 106 asked: At
lantic and Gulf, first mortgage
consolidated Z per cent coupons, January
and July maturity, 1897, 1011a bid, l02Is ask
ed; Central Railroad and Banking Com
pany collateral gold 5s. IS bid, 81 asked:
Central of Georgia railway first mortgage
5s, 50-year gold bonds, - bid 1l2IS asked:
Central of Georgia railway first consoli-
dated mortgage SIS, S712 bid. SSlh asked: ;
Central of Georgia railway first preferred
incomes, 81 bid 30 asked; Central of
Georgia railway. second preferred in
comes, 10 bid. II asked; Central
of Georgia railway third preferred
incomes, AZ bid, 81 asked: :
Georgia railroad 6s, 1910. ITO bid,
Ill asked Charlotte, Columbia and Au-
gusta first 5s, 1071s bid. - asked; Charlotte.
Columbia and Augusta second mortgage
Is, lis bid, lie asked Georgia Southern
and Florida, new IS, 81 bid, IS asked:
South Georgia and Florida first mortgage
Is, 1927 bid, 1887 asked; South Georgia and
Florida second mortgage Is. 102 bid 1903
asked; Ocean Steamship per cent bonds.
1926, 102 bid; - asked; City and Suburban
railroad first mortgage per cent bonds
- bid, "a asked; Alabama Midland 5 per
cent. indorsed, IS bid, 80 asked; Brunswick
and Western As, IS bid, 20 asked: South
Southern railway IS, 81 bid, 80 asked
Georgia and Alabama first preferred 5s,
10S bid 104 asked: Georgia and Alabama
first consols. Is bid. 70 asked.
Railroad Stocks-Augusta and Savan-
nah, 80 bid. SO asked; Georgia common.
1856 bid. 100 asked; Southwestern, 30 bid,
81 asked, ex-dlv; Atlanta and West Point.
railroad stock, IS bid, - asked; Atlanta and
West Point per cent. certificates, 80
bid, asked; Savannah Construction
Company, So bid, 70 asked.
Gas Stocks--Savannah Gas Light stock,
% bid, % asked; Electric Light and
Power Company, 81 bid, 81 asked ex-div
Bank Stocks. Etc.-Citizens Bank, los bid.
109 asked ex-div; Chatham Bank, Az bid,
45I5 asked ex-div; Germania Bank, 1852
bid, 1882 asked; Merchants National Bank
S72s bid, SS15 asked; National Bank of Sa-
vannah, 126 bid. 128 asked; Oglethorpe Saw
ings and trust Company, 1O1 bid, 1O2 asked
Al 10 MI Of -
Georgia, 1877 bid. 100 asked; Savannah
Bank and Trust Company, IS
bid 100 asked ex-div. Chatham Real
Estate and Improvement Company, A, SIS
bid, Sc asked; B, "a bid, 541a asked; Peo-
pies Savings and Loan Company, 9115 bid,
s2lk asked.
Factory Bonds-Augusta Factory 6s, 1O1
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,
80 bid, SO asked; Graniteville Factory. las
bid, Isl asked; Langley Factory, 104 bid,
1854 asked; Enterprise Factory, common,
SO bid, 96 asked; j. r. King Manufacturing
Company, 104 bid 105 asked; Sibley Man.
ufacturing Company. 20 bid, rs asked; Sa-
vannah Brewing Company. = bid, IS ask
ed
New York, June 26--Money on call easy
at 1@lA per cent. Prime mercantile pa
per, 3d4 per cent. Sterling exchange
steady with actual business in bankers'
bills at 4S7AG4S71s for demand and at
$4.S6@4.s614 for sixty days. Posted rates,
$4.s71s and $lSSQ4ss1a. Commercial bills,
SASSY. Bar silver, 60lsc. Mexican dol
lars. 47ssc. State bonds dull; railroad
bonds strong; government bonds strong.
New York, June 26.-The weekly bank
statement Is as follows Reserve increas-
ed $S4S, 200; loans increased $4,000; specie
increased $S50000; legal tenders Increased
81 ,6S9, 500; deposits increased 81. $50 400 cir-
culation decreased 1921, 800. The banks
now hold $49, 239 $50 in excess of the re-
quirements of % per cent rule.
New York. June 26.-To-day's stock
market showed a subsistence of the APP
prehension caused yesterday by the vol
ume of the gold shipments for to-day, and
the week and turned again to the bull
side with greater animation and confidence
than ever The market sold off to some
extent In the first hour in continuation of
yesterdays gold export fears, and on re-
ported opinions that the coming week
would witness the shipment of an even
larger amount Of gold. The theories in ia
vor of a necessary reaction in the market
were busily at work on this basis and
sought strenuously to bring about the re-
action which, though confidently MAIN
tained is long over due in the market and
must come ultimately. The st. Paul state
ment for May showing an increase in
gross earnings of $101,719, and in net of
$l1S496 was the first influence to stem the
downward course of prices. The low point
of the morning was a slight fraction be-
low last nights close in many stocks. The
rally was characterized by great anima-
tion and by heavy dealings, the prominent
stocks changing hands in large blocks.
Burlington was the leader of the market
in point of activity and was carried up ~
from the low point and held there until
the close.
The week has witnessed a further nota-
BILE raising of the level Of prices the adj
vance being especially notable in the
Changers group and not being 50 well dis
tributed through the list as in some pre-
vious weeks. The market as a whole, has
firmly resisted all attempts to work a re-
action. the severest strain coming on Fri
day with the news that the weeks gold
shipments had run up 10 a figure exceed
ing any week since the first of the present
movement. The present high level Of
prices is generally recognized as discount
ing commercial and industrial improve
ments. which are yet 10 be realized But
the firmness with which the high prices