The morning news., 1898-08-07
FINANCIAL.
Money-Markel steady.


Money-Market steady.
Foreign Exchange-The market is
steady. The following are the net Savan-
nah quotations: Commercial demand,
$4.S5; sixty days, S4.S4; ninety days,
$4S3A; francs, Paris and Havre, sixty
days, 5.215s; Swiss sixty days. 5241z;
marks, sixty days 941k
Domestic Exchange-Steady banks are
buying at 1-16 per cent. discount, and sell
ing as follows: Amounts up to S25, 10 cents;
$25 to $50. Is cents $50 to 800, 20 cents; 500
TO $3.50, 25 cents; $3.50 to $780, 1-10 per cent.
premium, and $3.50 and over, Is cents per
81, ,000
securities-The market is fairly active;
offerings scarce.
Stocks and Bonds-State Bonds-GeOr-
gia 31b per cent bonds of 1880, 1O7 bid, 1OS1s
asked Georgia 31s per cent, due 1876 106
bid, 107 asked; Georgia Az per cent. bonds,
1915, III bid, lis asked; Georgia 4 per
cent, due 1920, ITO bid, Ill asked; South
Carolina 412s, 1O9 bid, no asked
City Bonds-Atlanta per cent, 102 bid,
- asked Augusta AIS, 1926 1O6 bid, 1919
asked; Augusta Z per cent, 10 bid, III
asked; Augusta per cent, 112 bid, 119
asked; Columbus per cent. 1881 bid, 1O41s
asked; Macon per cent, 115 bid, 116 ask
ed: Macon 41bs, 1926, 10415 bid, 1857 asked;
Savannah 3 per cent, quarterly October
coupons, Ill bid 1l2 asked; Savannah 5
per cent. quarterly November coupons
11OA bid, 11OA asked; Charleston As, 9518
bid, 9611 asked.
Railroad Bonds-Savannah, Florida and
Western Railroad general mortgage bonds,
6 per cent. interest coupons, lis bid, 119
asked Savannah Florida and Western
first mortgage per cent. gold bonds, due
1924. 1041a bid. 1O6 asked; Central Railroad
and Banking Company collateral 5s. a
bid % asked Central OF Georgia Rail-
road first mortgage 5s, 50-year gold bonds,
III bid, 11S asked; Central of Georgia Rail
way first consolidated mortgage 5s 80 bid,
81 asked Central of Georgia Railway,
first preferred incomes, 42 bid, 43 asked
Central of Georgia Railway second
preferred incomes, 1874 bid, IA asked;
Central of Georgia Railway third
Dreferred incomes, bid, asked;
Georgia Railroad 6s, 1910, 113 bid, ia asked;
Charlotte. Columbia and Augusta first 5s,
1O8 bid 109 asked; Charlotte, Columbia and
Augusta second mortgage Is, 100 bid, I21
asked; Georgia Southern and Florida new
5s 1O3lb bid 104 asked; South Georgia and
Florida first mortgage Is, 1927 bid, 1882
asked; South Georgia and Florida second
mortgage rs, 1922 bid. 1882 asked Ocean
Steamship per cent. bonds, 1926, lO2 bld
1O4 asked; City and Suburban Railroad
first mortgage per cent. bonds 10l bid, lO2
asked; Alabama Midland per cent. in
dorsed, S5 bid, So asked; Brunswick ard
Western As, 70 bid, rs asked; South
Bound Railway IS, 6S bid, Y asked Geor-
gia and Alabama first preferred 5s, 103 bid,
1O4 asked; Georgia and Alabama cons. 5s.
90 bid 81 asked EatOnton branch, SO bid,
81 asked: Central of Georgia Middle
Georgia and Alabama division IS. 81 bid,
50 asked.
Railroad stocks-Augusta and savan-
nah 81 bid, 9S asked ex-djv.;
Southwestern. 961A bid 971s asked, ex-
div; Atlanta and West Point
70
and West Point per cent. certificates. 10s
hid. 1O4 asked, ex-interest; Georgia COM
mon 1870 bid 1872 asked; Savannah Con-
struction Company Y bid, "A asked.
Gas Stocks-Sayannah Gas eight stock,
22H bid. % asked; Electric Light and
Power Company, II bid, 70 asked, ex-div.
Bank Stocks, Etc.-Citizens Bank. 10
bid. Ill asked, ex-div.; Chatham Bank,
4515 bid, 4712 asked. ex-div.;
CermanIa Bank, 1101a bid, 11l1s
asked, ex-div. National Bank of
Savannah 125 bid, 126 asked, ex-div.; Mer-
chants National Bank, SO bid, S412 asked
ex-diy.: Oglethorpe Savings and Trust Co.
1o4 hid 1O5 asked, ex-dlv.; Southern Bank
Of the State Of Georgia, 100 bid, 131 asked;
ex-div.; Savannah Bank and Trust Com
nanv 1902 bid 103 asked, eX div; Chatham
Real Estate and Improvement Company,
A. 55is bid, Sc asked; b, 54l2 bid, 55 asked;
ex-diy.; Peoples Savings and Loan Com
pany, "a bid, 9512 asked.
Factory Bonds.-Augusta Factory, 101
bid. 1902 asked; Sibley Manufacturing Com
pany, 6s 100 bid, 102 asked.
Factory Stocks.-Augusta Factory, So
bid, 75 asked Graniteville Factory, 145
lid 15l asked; Langley Factory 100 bid,
1Ol asked; Enterprise Factory, common,
20 bid. "a asked; j. II. King Manufacturing
Company. 100 bid, 101 asked; Sibley
Manufacturing Company, 70 bid, 76 asked;
Savannah Brewing company 95 bid. 100
asked.
New York, Aug. 6.--Money on call was
steady at 10114 per cent; the last loan
was made at l15c. Prime mercantile pa
per. 3h@Fs per cent Sterling exchange
steady, with actual business in bankers
bills at s4S51A6LS53t for demand and at
"a S33, for 60 days Posted rates, $i.Ai2U
4S5 and $4S6a4S61a. Commercial bills
81 82i104S3 Silver certificates, sales, 1000
ounces at 59Ac. Bar silver, 5934c MeXi-
can dollars, 451zc. State bonds dull. Rail
road bonds strong Government bonds
firm.
New York, Aug. 6--The tone Of the
stock market continued very strong ond
the confident stream Of money that flow
ed into stocks and bonds showed steady
augmen tation. The two hours session Of
the stock exchange was fun of business
and the demand was eager for a large list
of stocks.
rhe preference iss decidedly for the as
sured dividends paying interests as yet,
but il was Influenced by the possibilities
ii some cases Of dividend decreases and
showed a tendency also 20 overflow into
non-dividend paying stocks on which there
Is fair prospects of future diyidens hy