The morning news. [volume] (Savannah, Ga.) 1887-1900, 1897-04-04
THE MORNING NEWS, SUNDAY APRIL 4, 1897.

Bank Stocks. Etc.-Citizens Bank. loslk
bid,l0914 asked; Chatham Bank, 45S bid, 46l4
asked; Germania Bank, 10712 bid, ,0Sls
asked; Merchants National Bank. Sc bid,
asked; National Bank of Savannah, 126
bid, 12S asked; Oglethorpe Savings and
Trust Company, 1025 bid. l0S15 asked;
Southern Bank of the State of Georgia.
= bid, 165 asked; Savannah Bank and
Trust Company, 100 bid, 1Ol asked; Chat
ham Real and Estate and Improvement
Company, A, 5S1s bid, 81 asked; B, SEA bid,
50 asked; Peoples Savings and Loan
Company, 80 bid. 90 asked, eX-div
Factory Bonds-Augusta Factory S. 10l
bid, 1O2 asked Enterprise Factory 6s, l02
bid, los asked; Eagle and Phenix Manu-
featuring Company, per cent bonds, 80
bid, 80 asked; Sibley Manufacturing Com
pany IS, 10l bid, 1O2 asked
FACTORY Stocks-Savannah Cotton Fac
tory, - bid. So asked; Augusta Factory. so
bid, 81 asked, ex-div. Graniteville Fac
tory, 145 bid, ISL asked; Langley Factory,
104 bid, 1854 asked; Enterprise Factory.
common, 9S bid. 80 asked; ]. r. King
Manufacturing Company 104 bid, 105 ask
ed; Sibley Manufacturing Company, 70
bid rs asked; Savannah Brewing Com
pany. 80 bid. go asked.
London, April S-Bar silver, 2S3sd; con-
soils, III l5-16 for money, and Ill 1915 for
the account.
Paris, April S.-Three per cent rentes,
102 francs So centimes for the account.
New York, April S.-Money on call, 1l2@
1$ per cent. Prime mercantile paper S12
per cent. Sterling exchange quiet, with
actual business in bankers bills a Sl.S5%
q4.S6 for sixty days, and $4.S7@4S7A for
demand. Posted rates S4S6lad4.SS. Com
mercial bills, $4.SIl9G465A Bar silver,
6l7sc. Government bonds steady; state
bonds dull; railroad bonds higher. Silver
at the board was neglected.
New York, April 3.-The treasury bal
ances were as follows: Coin, $1S1, las, 3O3;
currency, 500, 551,Sl4.
New York, April 3.-The weekly state
ment of the associated banks shows the
following changes: Reserve, decrease, ST.
9,175; loans, decrease, 81, 745,5OO; specie
decrease, $500; legal tenders, decrease,
Sl,S44. 100; deposits, decrease, $2496, 800; cir
culation, decrease, S1250O0. The banks
now hold $47, 1913 SIS in excess of the legal
requirements.
New York, April 8, noon.-The stock
market was firm at the following quota
tions:
Erie ...........:. Is Bait. s, Ohio..., 1872
Northwestern ..10f7s Can. Southern e. 461a
do pref ........154 st. Paul ........ 70
Lake Shore ....16512 Rock Island ..... 6234
n & w. pref 254 Del. & Hudson 1021a
West. Union ... 50 Del, L. & W...15i
So. Ry. COM. SIS Manhattan ...... 1875
do pref ....... 26 Mich. Central =. 95
Am. Sugar ...... Ills N. Y. Central. HOOPS
New York, April 3.-The market for Sc
curities was irregular throughout the day
and the trading was on small scale. The
total transactions amounted to 1891
shares, including 10,400 Western Union;
$500 Jersey Central and $500 Leather pre-
ferred. Opening figures as a rule were be-
low last nights finals, but the decline eX-
cept in isolated cases was confined to eX-
ceedingly narrow limits. There was lit
tie pressure to sell Jersey Central, West
ern Union and Leather preferred, and
these issues lost about point or so. West
ern Union was heavy on the Sage inter-
view published yesterday in regard to the
future dividend policy of the company
forecastins a 4 per cent. dvidend) Jer-
sew Central continued to be adversely IN
huenced by the poor condition of the coal
trade and the likelihood o. a reduction in
the dividend rate. In the last hour of the
session attempts were made by the small
er shorts to cover contracts. This impart-
ed a frmer tone to speculation and the
early loss was generally recovered. The
Vanderbilts displayed the greatest
strength, New York Central advancing
full point to 1003s, Delaware and Hudson
was the firmest among the Anthracite
coalers, rising to within a fraction of JOB.
| In the industrial group Sugar was stead
Ter on the announcement of the resumption
Of operations by refinerieS in Philadelphia.
The market at the close was firm In tone.
Net changes show gains of A@1 per cent.
| in some instances and losses of about as
much in others. Leather preferred lacked
support throughout and closed weak with
net loss Of q per cent While the weekly
bank statement was disappointing, it had
no special influence on speculation. A con-
traction in leans of Sits. 500 rejecting the
inactivity of general business was consid-
cred the most unfavorable feature of the
exhibit. "A loss of $1S53,3O0 was reported
in cash and deposits decreased, 1896. 800.
The loss in surplus reserve was 81, 229, 175
and the banks now hold. $47593. o75 in eX-
cess of legal requirements. The bond mar
ket was higher to-day.
New York Stock List-Stocks and Bonds
at the Closing