The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-05-14
FINANCIAL.

Money-Market steady.
The bank clearings during the past
week were 1851, 5S946, against $l,Si1,3l465
for the same week last year, and Sl,932,
$3.50 for the same week in 1896.
Foreign Exchange The market is
weak The following ore the net Savan.
nah quotations: Commercial demand
81 .Ssss sixty days, %.s02s; ninety DAYS
"a 1884; francs, Paris and Havre. siwty
davs 5.25Ss; Swiss, sixty DAYS oqst
marks sixty days, % GIG.
Domestic Exchange Steady; banlks 49,
buying at l-16 per cent. discount ana sell
ing as follows: Up to $25, iOc premium. s9s
10 $50, loo premium; $50 20 500, zoe pre-.
MUM; $500 90 $1,000, Csc premium: 81 ooo
and over, lie per cent premium.
Securlhes-Market is steady. with fair
demand.
Stocks and Bonds-State Bonds-ceor-
eta 80 per cent. bonds of 1891 107 bid foeit
asked; Georgia 81 per cent, due 1gis 1os
bid, asked; Georgia AZ per cent. bonds
1915, 1l6 bid, 117A asked; Georgia ( ~,
cent. due 1926, ~ bid, = asked: south
Carolina 4lss. 1909 bid. 10 asked
city Bonds-Atianta per cent 1os ~,
- asked; Augusta AVS, 1926. los bi5 10, To-
asked; Augusta per cent. 10 hid ~, 40
asked; Augusta 6 per cent, 112 hid 80 80
askedc Columbus per cent, l03Is bid ,o,,1
asked: Macon per cent, ll6 bid 10 we
ed: Macon 4IAs. 1926. 1903 bid, 1O5 asked. sa
vannah 5 per cent, quarterly Julv CO.
mons, ITO bid, ll04 asked; Savannah
ner cent, quarterly August counons 30 2
bid, 40 asked Charieston Is. 1914 bid, 9i%
asked.
railroad Bonds-Savannah, FIorlda a..
Western Railroad generar mortgage honae
per cent interest coupons, liz bid -,
asked: Savannah. Florida ana Westor en-
first mortgage per cent. gold bonds d,,a
1924. 1914 bid, 105 asked; Central RaIlroad
and Banking Company collateral 5s o.
hid ss asked: Central of Georgia Ea1
road first mortgage IS, 50-year gold bonds
inc bid. III asked; Central of Georgia RaII'
wav first consolidated mortgage IS, ST. Ma
20 asked; Central of Georgia Railway Il, ~
nreferred incomes, 80 bid, 40 asked. cen.
trail of Georgia Railway second preferred
incomes, 10 bid, 14h asked; Cen
trail OF Georgia Railway third
preferred incomes. 5A bid. 63k asked
Georgia Railroad 6s 1910. 1i2 hid, ia asked:
Charlotte, Columbia and Augusta first So,
106 bid, 1O7 asked; Charlotte, Columbia and
Augusta second mortgage Is. ZIG bid, 1T
asked; Georgia Southern and Florida new
5s, 1919 bid, 102lz asked; South Georgia and
Florida FIRST mortgage ~. i02kz bid, 103M
asked; South Georgia and Florida second
mortgage Is, 1O3 bid. lo4 asked. Ocean
Steamship 5 per cent, bonds, 1926 1903 bid,
lUJ dSEt1s lily anu oQBHiDdH tkdllIOdQ
first mortgage 6 per cent. bonds. 100 bid, 1903
asked; Alabama Midland per cent. In
dorsed 81 bid IS asked: Brunswick and
Western As, u bid. rs asked South
Bound Railway S. 70 bid, rs asked; Geor-
gia and Alabama first preferred IS. i02 bid,
1903 asked; Georgia and Alabama cons. IS.
So bid, 80 asked; Eatonton Branch, 50 bid,
S7A asked: Central OF Georgia, Middle
Georgia and Atlantic division 81, 76 bid, 80
asked.
Railroad Stocks-Augusta and Savan-
nah, 80 bid, 80 asked; Southwestern, %
bid "a asked: Atlanta and West Point
stock 10l bid, 1919 asked; Atlanta and
West Point s per cent. certificates. 1903 bid
1O4 asked; Georgia common, 175 bid. 100
asked; Savannah Construction Company,
IS bid, So asked.
Gas stocks-Savanna Gas Light stock.
2Oh bid, 2lh asked; Electric Light and
Power Company, 721k bid, 74h asked.
Bank Stocks Etc.--Citizens Bank, 100
bid, 10 asked; Chatham Bank, 46 bid, 471a
asked; Germania Bank, 100 bid, 10 asked :
National Bank of Savannah. l25 bid, 12e
asked; Merchants National Bank 50 bid,
84ia asked; Ogiethorpe Savings and Trust
Company, 105 bid, JOG asked; Southern
Bank of the State of Georgia, 100 bid. 1876
asked; Savannah Bank and Trust Compa-
ny. lOlh bid, 1921 asked; Chatham Real
Estate and Improvement Company, A, "a
bid, 55lA asked; b, 1914 bid 54i4 asked; Peo-
pies Savings and Loan Company, % bid,
96 asked.
Factory Bonds-Augusta Factory. 10i
bid. lO2 asked; Eagle and Phoenix Manu-
featuring Company, s per cent bonds. IS
bid 40 asked; Sibley Manufacturing Com
pany, S. 100 bid. 102 asked.
Factory Stocks--Augusta Factory, So
hid. rs asked; Granitevile Factory. 145
bid. ISL asked; Langley Factory, 1O1 bid,
104 asked; Enterprise Factory, common.
90 bid. 96 asked; ]. r. King Manufacture
ing Company, 104 bid, 105 asked; 6ibley
Manufacturing Company, 70 bid. 76 asked :
Savannah Brewing Company. 80 bid. 80
asked
New York, May 13.-Noney on call was
steady at per cent. Prime mercantile
paper, 5Ikd6Iz per cent. Sterling exchange
strong with actual business in bankers
bills at As51484s515 for demand and at
$i.s2d4szA for sixty days. Posted rates,
$4.S2lzGf4.s6. Commercial bills, $4.SOlz0
49,. Silver certificates, 56Sl d571kc. Bar
silver, 567sc. Mexican dollars, 45c. Gov
eminent bonds were weak. State bonds
were dull. Railroad bonds were heavy.
New York. May 13.-The Evening Posts
London financial cablegram says: THE
stock markets here opened fiat to-day on
the news spreading of Lord Salisbury's
gloomy speech regarding the West ART
can situation. reported 10 have been made
hy him o. a private banquet Of bankers.
subsequently, prices rallied on the good
tone Of the Paris bourse the reported
American victories and the belief that the