The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-08-05
FINANCIAL.
onev-NIarkeI steadv-

ElRANClAL.
Money-NIarket steady.
Foreign Exchange-The market is
steady The following are the net Savan-
nah quotations: Commercial demand,
$4.85; sixty days, $4.84; ninety days,
SASSY; francs, Paris and Havre, sixty
days, 5219s; Swiss, sixty days, 5241a;
marks. sixty days, 941z
Domestic Exchange-Steady banks are
buying a Lie per cent. discount, and sell
ing as follows: Amounts up to $25, 10 cents;
$25 to $50. Is cents; $50 to $780, 20 cents; 500
to $3.50, % cents; $3.50 to $3.50, ITO per cent.
premium, and $3.50 and over, 70 cents per
$1,000
Demand good all around; offerings limit
ed.
Stocks and Bonds-State Bonds-Geor-
gia 31a per cent. bonds of $780, 107 bid 1881
asked Georgia 319 per cent, due 1916 1O6
bid, 107 asked; Georgia Az per cent bonds.
1915, 1852 bid, III asked Georgia per
cent, due 1920 10 bid, Ill asked; South
Carolina 41as, 100 bid, 10 asked.
City Bonds-Atlanta per cent 1902 bid
- asked; Augusta 4l2s 1925, 1O6 bid, 1912
asked Augusta Z per cent, ITO bid, Ill
asked Augusta per cent. 112 bid 113
asked Columbus 5 per cent. 1921 bid, 1O41h
asked Macon 6 per cent, 115 bid, 116 ask
ed; Macon AIS, 1926, 1041R bid, 1857 asked;
Savannah 3 per cent, quarterly October
coupons, Ill bid, 112 asked; Savannah
per cent quarterly November coupons.
110l2 bid, III asked; Charleston As. $50 bid,
9619 asked.
Railroad Bonds-Savannah, Florida and
Western Railroad general mortgage bonds
6 per cent. interest coupons, 118 bid 119
asked; Savannah, Florida ana Western
first mortgage o per cent gold bonds. due
1924, 1912 bid, 106 asked; Central Railroad
and Banking Company collateral 5s. a
bid 80 asked Central OF Georgia Rail-
road first mortgage 5s, 50-year gold bonds,
1T bid, 11S asked; Central of Georgia Rail-
way first consolidated mortgage IS, 80 bid
81 asked; Central of Georgia Railway
first preferred incomes, Al bid, AZ asked
Central of Georgia Railway second
preferred incomes, 1874 bid, 14A asked;
! Central of Georgia Railway third
preferred incomes, bid asked;
Georgia Railroad 6s, 1910, 113 bid. ia asked;
Charlotte, Columbia and Augusta first Us.
los bid, 100 asked; Charlotte, Columbia and
Augusta second mortgage Is, 100 bid 12l
asked; Georgia Southern and Florida new
5s 1882 bid, 104 asked; South Georgia and
Florida first mortgage U.s. 102 bid, 1872
asked; South Georgia and Florida second
mortgage Is, 1O2 bid, 1872 asked; Ocean
Steamship per cent. bonds 1926, 1O4 bid.
1O5 asked; City and Suburban Railroad
first mortgage 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
Bound Railway 5s, 6S bid, Y asked Geor-
gia and Alabama first preferred 5s, 1O3 lid.
104 asked; Georgia and Alabama cons IS
80 bid, 81 asked: Eatonton branch, 30 bid.
81 asked: Central of Georgia Middle
Georgia and Alabama division SIS, 81 bid,
Railroad Stocks-Augusta and savan-
nah 81 bid, 971a asked, ex-div
Southwestern 81 bid, 9S asked, ex-
div; Atlanta aud West Point
stock, 1O6 bid, 107 asked. ex-div.; Atlanta
n. Z
bid, 10l asked, eX-nterest; Georgia COM
mon, 100 bid 1872 asked; Savannah Con-
struction Company, Y bid Is asked
Gas Stocks-Savannah Gas light stock,
22A bid, % asked; Electric Light and
Power Company. 20 bid, Y asked ex-div.
Bank Stocks, Etc.-Citizens Bank, 10
bid, Ill asked, ex-div.; Chatham Bank,
40ls bid. Az asked. ex-div.
Germania Bank, 1101a bid ILL.,
asked ex-div.; National Bank of
Savannah 125 bid. 1876 asked, ex-div; Mer-
chants National Bank SO bid S41s asked
ex-dIv; Oglethorpe Savings and Trust Co,
1O4 bid, 105 asked. ex-div.; Southern Bank
OF the State of Georgia, $50 bid, 131 asked;
ex-div.; Savannah Bank and Trust Com
pany, l02 bid 1903 asked. eX-div.; Chatham
Real Estate and Improvement Company,
A, IS bid, So asked; i, "a bid, So asked.
ex-div.; Peoples Savings and Loan Com
pany, SO bid, 50 asked.
Factory Bonds.-Augusta Factory, 101
bid, 1O2 asked; Sibley Manufacturing Com
pany 6s 100 bid 102 asked.
Factory Stocks.-Augusta Factory, So
bid, IS asked; Graniteville Factory. 145
lid, 151 asked; Langley Factory, 100 bid
1O1 asked; Enterprise Factory, common
20 bid, "a asked; j. r. King Manufacturing
Company, 100 BID 10l asked Sibley
Manufacturing Company. 70 bid 76 asked
Savannah Brewing Company, 50 bid. 100
asked.
New York Aug. 4-Money on call was
steady at 101l2 per cent; the last loan
was IA per cent. Prime mercantile paper,
3lad4 per cent. Sterling exchange firm
with actual business in bankers bills, at
$4S5&d4S5l5 for demand and at $4.S34G
44 for sixty days; posted rates. 81. S41Aq
ASS and S4S6a4SS1s; commercial bills.
S482A. Silver certificates, 5S1z@59lac bar
silver, 59c Mexican dollars 45lac. Govern
ments bonds were strong; state bonds dull
railroad bonds were strong
New York, Aug. At was very obvious
from the developments in to-days stock
market that wealthy and powerful specu-
lators were placing very large amounts Of
money in the Granger stocks n anticipa-
ton of a rise in prices. There were many
Indications also that some funds which |
were being placed in the Changers, We're
derived from sales of some of the more
prominent Industrals. which have shown |
recent large advance in price, so as 10 |
yield a handsome profit on the sales. This |
shifting of epeculatiOn is an episode |