The morning news. [volume] (Savannah, Ga.) 1887-1900, 1897-08-21
Financial.
Money-Good demand at 7 per cent.

The bank clearings for the past week
were 81. 7O7 1901, against H,547557H for
the same week last year and $l,6O4. 40l 2
for the same week in 1898.
Foreign Excnange-The market is
quiet The following are net Savau-
nah quotations: Commercial demand
S4S4ib; sixty days, &S21a; ninety days
S4S2; francs, Paris and Havre, sixty days,
5.21; Swiss. sixty days, 5.227s; marks. sixty
days, 81 9-16.
Domestic Exchange-Steady Banks are
buying at "a per cent. discount and selling
as follows: Up to $25. 10c premium; S25 to
$50 l5c premium: $50 to 500, 20c premium :
5000 and upwards at par.
Securities-Market is fairly active for
investment securities and supply limited.
Georgia bonds very scarce.
Stocks and Bonds-State Bonds-Georgia
S1s per cent bonds of 1880, 1922 bid. -
asked; Georgia S1a per cent. due 1915, 1O3
bid asked Georgia AZ per cent
bonds, 1915, 1854 bid 117i4 asked: Georgia
per cent, due 1926, Ill bid. 112 asked;
South Carolina 4as, los Did 1O9 asked.
City Bonds-Atlanta Z per cent 1O4 bid
105 asked; Augusta 4las 1925, 1872 bid. 1914
asked; Augusta Z per cent, 1l2 bid, 1l3
asked; Augusta per cent. III bid 1l2
asked: Columbus per cent, 1921 bid, 1914
asked; Macon per cent, 1141h bid 1l6
asked; Macon 4l2s, 1926. 1882 bid. 1O4 asked :
Savannah 5 per cent, quarterly October
coupons, IVJ'i Dlls dShttls savannah
per cent, quarterly November coupons,
1o924 bid, asked; Charleston As, 9ils bid
9512 asked.
Railroad Bonds-Savannah, Florida and
Western railroad general mortgage bonds,
per cent. interest coupons, 1l3 bid ia
asked; Savannah, Florida and Western
first mortgage per cent gold bonds
due 1884, 1857 bid, 106 asked. and interest;
Central Railroad and Banking Company
collateral gold 5s, "a bio, 50 asked; Central
of Georgia railway first mortgage SIS, 90
year gold bonds ia bid, 1l5 asked Cen
trail of Georgia railway first consolidation
mortgaeS 5s, "a bid, IS asked: Central of
Georgia railway first preferred incomes
SO bid. 80 asked; Central of Georgia
railway, second preferred incomes, 1877
bid, 141a '4sked; Central of Georgia railway
third ~ eferred incomes, s bid, 81 asked .
Georgia railroad 6s. 1910. 1l2 bid, ia asked :
Charlotte, Columbia and Augusta first Ks
1862 bid, - asked Charlotte, Columbia ami
Augusta second mortgage Is 113 bid. lis
asked; Georgia Southern and Florida, new
IS, 80 bid, 100 asked South Georgia and
Florida first mortgage Is, 1021a bid. lO3lb
asked; South Georgia and Florida second
mortgage rs, l02 bid, JOB asked; Ocean
Steamship 3 per cent. bonds, 1926, lO3lk
bid 1912 asked; City and Subur-
ban railroad first mortgage 7
per cent. bonds. 50 bid 50 ask
ed; Alabama Midland per cent indorsed.
SO bid 80 asked; Brunswick and Western
As 65 bid 70 asked: South Bound railroad
IS, bid. 691a asked; Southern railway
IS, 1919 bid, "a asked; Georgia and Ala
bama first preferred 5s 1921 bid, 1903 ask
ed, and interest; Georgia and Alabama
first consols rs bid, 70 asked.
Railroad Stocks-Augusta and Savan-
nah, "a bid, IS asked; Georgia
common. 165 bid, 1853 asked; South
western 80 bid, "a asked; At
lanta and West Pont railroad stock. 1O2
bid. 103 asked; Atlanta and West Point 6
per cent. certificates. 102 bid. 1OS asked
Savannah Construction Company G5 bid,
68 asked.
Gas stocks-savannah Gas Light stock.
2l1a bid, 22la asked; Electric Light and
Power Company, IS bid go asked
Bank Stocks Etc.-Citizens Bank, 1887
bid, 1882 asked; Chatham Bank Az bid, "A
asked; Germania Bank, 1W bid. 10S asked
Merchants National Bank, IS bid, S7lk ask
ed National Bank Of Savannah. 14 bid.
asked; Oaethorpe Savings and Trust
Company, l03 bid, l04 asked; Southern
Bank of the State Of Georgia, $50 bid. 49,
asked; Savannah Bank and Trust Com
pany, 100 bid, asked; Chatham Real
Estate and Improvement Company, A, S.
bid, asked; 49, 5iI4 bid. asked; Peo-
pies Savings and Loan Company, 80 bid,
asked.
Factory Bonds-Augusta Factory IS, lOi
bid l02 asked; Enterprise Factory &c. 100
bid, l0l asked; Eagle and PhenlN Manu-
featuring Company per cent. bonds, 40
bid. AZ asked; Slbley Manufacturing Com
pany IS, 1Ol bid lO2 asked.
Factory Stocks-Sayanna Cotton Fac
tory. bid % asked; Augusta Factory.
so bid, SO asked: Granitevile Factory, l45
bid, 15l asked; Langley Factory, l0f bid,
1854 asked; Enterprise Factory. common.
80 bid, 90 asked; j. X. King Manufacturing
Company. l04 bid. 10j asked; Sibley Manu-
60 Hrfs .ssuH nA "a
vannah Brewing Company. r bid, 81 asked.
New York, Aug. 2l.-Money on call was
easy at 1h0th per cent; the last loan
and az close was offered az IA per cent.
Prime mercantile paper. 3AWflac per cent.
Sterling exchange steady: actual business
in bankers bills az N6A6fis5A for demand
and Al 81 S3iznAS33i for sixty days. Posted
rates. N.s4iaalsG and A.sgz0i7. Com
mcrcial bills. &i82. Silver certificates. 5ff
52ihc. bar silver. 5sac. Mexican dollars.
l0iac. Government bonds strong; state
bonds were dun. railroad bonds were
weak
New York. Aug. 2).-The Evening Posts
London financial cablegram says. 1.-THE
stock markets hero wore irregular to-day
with % better tendency on The better news
from India. Americans. however closed
Hat IN The street in the absence of New
York support Tine recovery in silver ana
silver stocks r. regarded as somewhat arr
incill Foreigners wero better. a feature
being the recovery ln BrnzllH on Improved
exchange. Eailir1 we've hard nt tho close.
on reports OF good quarters. that Kruger
is regarding the concessions moro favor.
ably"
Sew York. mug O Tho process Of re-
alizing profits on che iOng csntiruod a.
Vaurc1 market wont ou to-day ana was
reflected JOB me- heavy tone ln tho market
nnd tuf cr#lflon OF netft ouIfiN" nlt-
nW Tho selling was. much ~ ll hr o.m-
mission n0uHa ana la presumably Yf hold.
ings by fnr outHlds public who have Fr1Hu
iofrfuI of "a decline. Although onDr.nra on
fHlH account WoIf iaIHr and alfnDurh co.