The morning news. [volume] (Savannah, Ga.) 1887-1900, 1897-11-28
FINANCIAL.


FINANCIAL.
Money-Market steady.
| The bank clearings for the past week
were $S061 ,628 49, against So 219, 1922 for the
same week last year, and 1902, 52O.7S for
Foreign Exchange-The market is
| firm. The following are net Sa-
yannah quotations: Commercial, demand
a. Si9s; sixty days, ASl%; ninety days,
g. SOS francs fra Paris and Hayre sixty
marks, sixty days, 94ss
Domestic Exchange-Steady banks are
ing as follows: Up to $25 1Oc premium;
$25 to $50 15c permium; $50 to 500, zoe
premium; $500 and upwards at par.
Securities-The market is quiet and very
| dull, excepting a fair enquiry for Central
incomes and Southwestern railroad stock
Stocks and Bonds-State Bonds-Georgla
| asked; Georgia S1a per cent. due 1915, 1O4
bid, los asked; Georgia AZ per cent, bonds
1915, III bid, us asked; Georgia 4 per cent,
lima 4las, 10S bid, 109 asked.
City Bonds-Atlanta Z per cent, 1919
bid, 10512 asked; Augusta 41ks. 1925, 105
bid, LOG asked; Augusta per cent, 10S bid
109 asked; Augusta per cent, 1O8 bid,
10 asked; Columbus per cent, 105 bid
1906 asked; Macon per cent, lie bid. III
| asked; Macon, AIS 1926, 1861 bid. 1861
asked; Savannah 5 per cent, quarterly
January coupons, 1l01a bid, III asked; Sa-
| coupons, no bid. Ill asked; Charleston As
9414 bid. 95A asked. -
Railroad Bonds-savannah. Florida and
| Western railroad general mortgage bonds.
5 per cent. interest coupons 113 bid, ia
! asked; Savannah, Florida and Western
! first mortgage 8 per cent. gold bonds, due
| 1884, los bid, 1O9 asked; Augusta Southern,
| tirsts 5s. 1924 - bid, SO asked; Central
Railroad and Banking Company collate-
! raj IS, 80 bid 91b asked Central of Geor-
| gia railway first mortgage IS, 50-year gold
! bonds, 1141a bid 1852 asked; Central of
! Georgia railway first consolidated mort
! gage 5s, 911a bid, 80 asked Central of Geor-
| gia railway first preferred incomes, 3Sb
! bid 40 asked; Central of Georgia rail-
way, second preferred incomes, "A bid
| IS asked; Central of Georgia railway
| third preferred incomes, 5 bid, asked;
| Georgia railroad 6s. 1910, 1852 bid III ask
| ed; Charlotte Columbia and Augusta first
| 5s, 100 bid, 10 asked; Charlotte, Column
| bia and Augusta second mortgage Is, 116
bid, III asked; Georgia Southern and
| Florida new IS, 9715 bid, 9S12 asked; South
! Georgia and Florida first mortgage Is, 1O2I$
| bid, 1887 asked; South Georgia and Flor
ida second mortgage IS 1903 bid 1O5 asked;
1O5 bid, 1O6 asked; City and Suburban rail-
! road first mortgage per cent bonds "a
| bid, = asked; Alabama Midland per cent
| indorsed So bid, So asked; Brunswick and
Western A. Is bid, re asked; South
Bound railroad 5s, = bid, 70 asked; South
ern Railway 5s, 81 bid, 80 asked; Georgia
and Alabama first preferred 5s 1Ol bid.
102 asked; Georgia and Alabama cons. 5s
n bid, 10 asked.
Railroad Stocks-Augusta and Savan-
nah, "a bid, 9412 asked; Georgia, common.
liz bid, rs asked; Southwestern. 94T bid
IS asked; Atlanta and West Point Stock,
109 bid 105 asked; Atlanta and West
Point per cent. certificates. 1O2 bid. 1885,
asked; Savannah Construction Company
Gas Stocks-savannah Gas Light Stock.
81 bid, % asked; Electric Light and Pow,
er Company, 81 bid, 60 asked.
bid, = asked; Chatham Bank, A bid. AZ
asked; Germania Bank, 109 bid, ITO asked:
Merchants National Bank, ,S91h bid 9Ob
bid = asked; Oglethorpe Savings and
Trust Company, 104 bid, :. asked; South
ern Bank of the state of Georgia, 1872 bid,
1873 asked; Savannah Bank and Trust Com
pany, 101 bid, - asked; Chatham Real
Estate and Improvement Company, A, Sc
bid, 81 asked; b, So bid, 551b asked: Peo-
pies Savings and Loan Company 90 bid,
Sc asked.
Factory Bonds-Augusta Factory SIS. 1O1
bid 1O1 asked; Eagle and Phenix Manu-
featuring Company 5 per cent. bonds, 40
bid AZ asked; SibIey Manufacturing Com
Factory Stocks-Savannah Cotton Fac
tory bid Is asked Augusta Factory,
80 bid SO asked; Granitevile Factory las
bid ISL asked; Langley Factory, 104 bid,
1854 asked; Enterprise Factory common,
90 bid, SO asked; J; r. King Manufacture
Manufacturing Company, 70 bid. &c asked;
asked.
New York, Nov. 27-Money on call was
camille paper AZ per cent. Sterling ex-
change strong, with actual business in
bankers bills at A.857sd4.S6 for demand
and 1882 for sixty days. Posted rates,
$4S3126t4S4 and $4.S612M4S7. Commercial
bills, $S2A. Bar silver $3.50 Mexican
dollars. 1870. United States governments
were dull. Railroad bonds were firm
New York Nov. N.-The weekly bank
statement shows the following changes:
Reserve, decrease, $S47 ,325 loans, increase,
$14,O97. 400. Specie, increase. $500, 300. Legal
tenders, increase. 81. S3S 400. Deposits in
crease, s16.74 100. Circulation, increase.
$4,000. The banks now hold S22 $50. 925 in
excess of the requirements of the 70 per
cent. rule.
New York. Nov. 27.-The Evening Posts
London financial cablegram says: The
stock market was Nfeless to-day. The
Americans were steady TO firm. The weak
spot in the market at present is Glasgow,
which is still suffering from the fall In
The cousols settlement will begin on Mon
day India treasury bills for 2,5G0O 600
pounds sterling will be offered on the
same day. while heavy repayments are
due the Bank of England from the mar
ket during the week, thus involving con-
siderable cash displacements."
New York Nov. 27.-The stock market
awoke from its lethargv to-day and did a
a very lively business in the second hour
The volume Of dealings and general move
ment Of prices were greater than have
been seen for several weeks past. The an
pearance on the board room floor of an old
operator during the SUNNI rise in prices
and the distribution of large orders for
his account. was undoubtedly the main |
cause Of the activity, the resistance of
the market during the week to pressure