The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-07-27
FINANCIAL.
Money-MarkeI steadv.

FINANCIAL.
Money-Market steady
Foreign Exchange-The market is
steady. The following are the net Savan-
nah quotations: Commercial demand.
S4S5; sixty days, $4S4; ninety DAYS.
siS3A; francs, Paris and Havre sixty
days, 5.2l5s Swiss sixty days 5245.
marks sixty days, 9412
Domestic EXchange-Steady; banks are
buying at 1-16 per cent discount and sell
ing as follows: Amounts up to $25 10 cents;
$50 to $50, 10 cents; $50 to 500, 20 cents; 500
10 $3.50 % cents; $3.50 to $3.50, Ito per cent.
premium, aud $3.50 and over, rs cents per
$1,000.
securities-The market is fairly steady
1t is very difficult TO find offerings of first
class securities.
Stocks and Bonds-state Bonds-Geor-
gia Sl2 per cent bonds of 1880, 107 bid. 1851
asked; Georgia S1a per cent, due 1915. 1O6
bid, 1O7 asked; Georgia Az per cent. bonds,
1915, 1l612 bid, 1T asked; Georgia 4 per
cent, due 1920, 10 bid, Ill asked; South
Carolina AIS, 109 bid, 10 asked.
City Bonds-Atlanta per cent, 1O2 bid.
- asked; Augusta 42s, 1925, 105 bid LOG
asked; Augusta Z per cent, 10 bid, Ill
asked; Augusta 6 per cent, 1l2 bid. 113
asked; Columbus 5 per cent. 1884, bid 1O416
asked; Macon per cent, lis bid, 116 ask
ed; Macon 4lAs. 1896 1903 bid 104 asked;
Savannah per cent, quarterly October
coupons, ILL., bid, liz asked; Savannah
per cent quarterly August coupons. 1111h
bid, 112 asked Charleston As, 9515 bid. 96Ib
asked.
Railroad Bonds-Savannah Florida ana
Western Railroad general mortgage bonds.
per cent. interest coupons 117lb bid 1181b
asked; Savannah, Florida and Western
first mortgage per cent. gold bonds due
1924, 1912 bid, 1861 asked; Central Railroad
and Banking Company collateral 5s. 81
bid, 90 asked Central OF Georgia Rail-
road first mortgage IS, 5o-year gold bonds
1l6 bid, III asked Central of Georgia Rail-
way first consolidated mortgage 5s, IS bid,
SO asked; Central Of Georgia Railway
first preferred incomes 80 bid. 40 asked
preferred incomes, 10 bid, IA asked;
Central of Georgia Railway third
preferred incomes. bid, 7 asked;
Georgia Railroad 6s, 1910, 113 bid, ia asked;
Charlotte, Columbia and Augusta first IS,
10S bid 109 asked; Charlotte, Columbia and
Augusta second mortgage Is, 120 bid, 121
asked; Georgia Southern and Florida new
5s, 1872 bid, 104 asked; South Georgia ard
Florida first mortgage Is, 1902 bid. 1922
asked; South Georgia and Florida second
mortgage Is 1902 bid, 1872 asked; Ocean
Steamship per cent. bonds, 1926 1881 bid
1O41b asked City and Suburban Railroad
first mortgage 6 per cent. bonds, 101 bid, 1903
asked; Alabama Midland per cent in
dorsed, IS bid, IS asked; Brunswick ard
Western As Y bid, rs asked; South
gia and Alabama first preferred IS, 103 lid.
104 asked; Georgia and Alabama cons S.
80 bid 81 asked; Eatonton branch, SO bid
90 asked; Central of Georgia Middle
Georgia and Alabama division 5s 81 bid
81 asked.
Railroad stocks-Augusta and savan-
nah, 961a bid. 97i3 asked, ex-div
Southwestern, 9615 bid, 9715 asked ex-
div: Atlanta and West Point
stock, 1O6 bid, 1O7 asked. ex-div. Atlanta
and West Point per cent certificates, 103
bid 1O4 asked, ex-interest; Georgia com
mon 100 bid 1872 asked; Savannah Con-
struction Company, II bid. 70 asked
Gas Stocks-Savannah Gas light stock,
e215 bid. % asked; Electric Light and
Power Company 20 bid, II asked, ex-
div.
Bank Stocks, Etc.-Citizens Bank, 10
461@ bid, Az asked, ex-div.;
Germania Bank, 11Oiz bid 111la
asked, ex-div.; National Bank of
Savannah 125 bid. 126 asked, ex-drv.; Mer-
chants National Bank SO bid, 841a asked.
ex-dtv: Oglethorpe Savings and Trust Co.
1914 bid 105 asked, eX-div; Southern Bank
OF the State of Georgia, 12a bio. 100 asked,
ex-diy.; Savannah Bank and Trust Com
pany 1902 bid 103 asked, ex-div.; Chatham
Real Estate and Improvement Company,
A, So bid, 551a asked; b, "a bid, 544 asked,
ex-div.; Peoples Savings and Loan Com
pany. SO bid, 50 asked.
Factory Bonds.-Augusta Factory, 1ol
hid. 102 asked; Sibley Manufacturing Com
pany, 6s 100 bid 102 asked.
Factory Stocks.-Augusta Factory, 50
bid, Is asked; Graniteville Factory, 145
bid Isl asked; Langley Factory, 100 bid,
l01 asked; Enterprise Factory common,
20 bid. "a asked; j. r. King Manufacturing
Company 100 bid, lOl asked: Slbley
Manufacturing Company, 70 bid. rs asked;
Savannah Brewing Company, 80 bid. 100
asked.
New York. July 26.-Money on call was
easv at 1T1A per cent. Prime mercantile
naper 31564 per cent. Sterling exchange
weak with actual business in bankers
bills at S4.S4AM4S5 for demand, and ASlal1
4sS2l for sixty days. Posted rates, &.S4lz0
4S5 and S486aAS61s. Commerci nii DIS
81. s21Jd4S3. Silver certificates. 1874 u59l2c.
Bar silver, 59c. Mexican dollars, ACC. Gov
eminent bonds were firm.
New York. July PA confederation Of
causes was responsible for the awakening
of the stock market from the lethargy Of
the past few days. The bears had their
innings early in the day, assisted by a
lower range of prices for Americans from
London. the subsistence of peace talk from
foreign bourses and the decrease Of So
900 in st Pauls earnings for the third
week In July and Of $4,000 for the three
weeks of the month.
The rains in the West which drove down
the price Of wheat and corn. also served
10 bouy up the grain carrying roads both
North and South Strength was also rad-
ated from a group of Dituminous coal
roads. including Norfolk and Western pre-
ferred. Chicago, Indianapolis and Louis
vile preferred. Baltimore and Ohio, and
Western and Lake Erie preferred The
movement in these stocks served to make
rather conspicuous the quietude Of other
soft coal stocks, which have been assign
ed an important place IN the pending plan
for amaleamation Of the soft soal inter-
ests The activity and strength In Sugar
was also a dominating influence in tho
market, accompanied though IL was, by
all sorts of sensational rumors and very
obviously manipulated 20 squeeze the
shorts. Peace rumors we're renewed ia |
luGfer