The morning news. [volume] (Savannah, Ga.) 1887-1900, 1897-09-25
FINANCIAL.

FINANCIAL.
Monev-Good demand at Z per cent.
The bank clearings for the past week
were $S,5 500. 46, against $3,16O,34S53 for
the same week last year, and $685. 1873, 49
for the same week in 1895.
Foreign Exchange-The market is
steady The following are net Savannah
quotations; Commercial, demand, 1881;
sixty days, $4.s1; ninety days, $3.50;
francs, Paris and Havre, sixty days. 5,241s;
Swiss, sixty days 5.26; marks sixty days,
"a Lie
Domestic Exchange-Steady banks are
buying at 3-16 per cent discount and sell
ing as follows Up to $25, 10c premium;
S25 to $50, 15e premium; $50 to 500, zoe pre-
MUM; $500 to 81 900 at par, and $1,000 and
upwards a 1-l6c discount.
Securities-The market is steady
Stocks and Bonds-State Bonds-Georgia
315 per cent bonds of 1880, 1N bid -
asked; Georgia 31a per cent, due 1915, 1854
bid asked; Georgia Az per cent.
bonds, 1915, ll61a bid, 1174 asked Georgia
per cent due 1926, ILL., bid, 112iR asked;
South Carolina 412s. 10s bid, 100 asked.
City Bonds-Atanta Z per cent, 1903 bid,
1912 asked Augusta AZ, 1926 1872 bid, 1919
asked; Augusta Z per cent, Jos bid 1903
asked; Augusta G per cent, 1903 bid, 10
asked; Columbus per cent, 1882 bid, 1919
asked; Macon per cent 1l4i9 bid, 1l6
asked Macon AZ, 1926 104 bid, los ask
| Der coupons, 10 bid. - asked; Savannah
per cent, quarterly November coupons
ITO bid, asked; Charleston As, "a bid,
95 asked
Railroad Bonds-Savannah, Florida and
Western railroad general mortgage bonds
| per cent. interest coupons, lt3j4 bid, 1l4i2
asked; Savannah, Florida and Western
first mortgage 5 per cent. gold bonds,
due 1884, 1857 bid, 106 asked and interest;
| Augusta Southern. first Sc, 1924, Sc bid 100
| asked Central Railroad and Banking Com
| pany cola teral 5sr95 bid, 90 asked; Central
| of Georgia railway first mortgage SIS, so
| wear gold bonds, ia bid, 1l5 asked: Cen
| trail of Georgia railway first consolidated
mortgage IS, 95 bid, SO asked; Central of
| Georgia railway first preferred incomes,
| 49, bid, 4512 asked; Central of Georgia
railway, second preferred incomes, II bid,
| is asked Central of Georgia railway third
preferred incomes, 8 bid, 10 asked; Geor-
gia railroad IS, 1910, 114l5 bid, 1862 asked
| Charlotte, Columbia and Augusta first SIS,
| 1851 bid, asked; Charlotte Columbia
| and Augusta second mortgage Is, ia bid,
| 115 asked; Georgia Southern and Florida,
| new 5s, SO bid, 80 asked; South Georgia
| and Florida first mortgage Is, 1921 bid,
| 1922 asked; South Georgia and Florida
| second mortgage Is, 102 bid, 1903 asked
| Ocean Steamship per cent. bonds, 1926,
| 1903 bid 1916 asked; City and Suburban rail-
| road first mortgage per cent. bonds, so
| bid, 50 asked; Alabama Midland per cent.
| indorsed, So bid, 80 asked; Brunswick and
Western As, 65 bid, 10 asked; South Bound
| railroad IS, 65 bid, 20 asked Southern Rail-
| way IS, 9412 bid, IS asked Georgia and
! Alabama first preferred 5s, 10S bid 1Oi
| asked, and interest; Georgia and Alabama
| first consols, 80 bid, SO asked.
| Railroad Stocks7-AVgusta and Savan-
| nah, "a bid 80 asked; Georgia common,
| 172 bid, 173 asked: Southwestern "a hid IS
|
| bid 1882 asked; Atlanta and West Point
| per cent. certificates, 1021s bid, 1924 ask
| ed Savannah Construction Company, q
bid, 6S asked.
Gas Stocks-Savannah Gas Light stock
221a bid % asked; Electric Light and Pow
err Company, So bid, GO asked.
Bank Stocks, Etc.-Citzens Bank, 1897
bid, - asked; Chatham Bank AZ bid, 421.
asked Germania Bank, 1881 bid, 1891
| asked; Merchants National Bank, S515 bid
| 871s asked National Bank of Savannah
125 bid, 1876 asked; Ogletnorpe Savings and
| Trust Company 103 bid, 104 asked; South.
| ern Bank of the State of Georgia. 152 bid
155 asked Savannah Bank and Trusl
| Company 100 bid, 102 asked; Chatham Rea
| Estate and Improvement Comp ny, A. 81
bid, Sc asked; b. SAY bid. So asked PEG
| pies Savings and Loan Company. go bid
| 81 asked, eX-div.
Factory Bonds-Augusta Factory Gs 1Ol
bid, 1902 asked; Enterprise Factory 6s 1OC
bid, 101 asked; Eagle and Phenix Manu-
| featuring Company per cent. bonds A
bid, AZ asked; Sibley Manufacturing Com
pany 6s 101 bid, 1O2 asked. 500
| Factory Stocks-Savannah Cotton Fac.
| tory, bid, Is asked: Augusta Factory
80 bid, SO asked; Graniteville Factory, Il;
bid, ISL asked; Langley Factory, lO4 bid
1854 asked; Enterprise Factory. common
| SO bio, SO asked; j. r. King Manufacture
ing Company, 1o4 bid, 1O5 asked; sbleS
Manufacturing Company, 70 bid, rs ask
ed; Savannah Brewing Company, - bid, 81
| asked.
New York, Sept. A.-Money on call wa,
| firm a 21zd3 per cent; the last loan wa,
| at 212 per cent, and at the close was
! 2n215 per cent. Prime mercantile paper
| 4Ad5 per cent. Sterling exchange firm
with actual business in bankers bills q
| $4.85 for demand, and at s4S2kd4.s234 fo
| sixty days; posted rates, $4.S3lJ4S "a anS
| $4S51la4S@1 Commercial bills, aS1. sli
yer certificates, 571s65Sc. Bar silver, SIC
| Mexican dollars 4314c. Government bond
| were strong; state bonds were dull rail
| road bonds were weak.
Washington, Sept. 24-The total banl
| clearings in the United States for tn
week were 81, 1868, s04,677; per cent. increase
Co.'S Exclusive of New York. SlS6, 513,2s7
per cent. increase, 2s.2.
New York, Sept. 24.--Evening Post,
| London financial cablegram says 9TH
| stock markets were irregular and rattle
dun to-day. The rise In prices in Mex
| York induced sales here, and the mar
ket for Americans closed practical
without recovery. The fear at the mo
ment is that the New York account /
becoming top-heavy, and inasmuch a
the feeling here is stin timid, professions
operators are. dreading lest New Yor
may leave them in the lurch. The none
market is surprisingly easy, consderin
the hardening factors. such as the issu
Of treasury bills next week, and the pay
ment into the Bank Of England next wee