The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-08-16
FINANCIAL.
MOneY-Markef steady


Money-Market steady.
Foreign Exchange-The market Is
steady. The following are the net Savan-
nah quotations: Commercial, demand,
&.S49s; sixty days, 4S3; ninety days,
&.S212; francs, Paris ana Havre, sixty
days, 52212; Swiss, sixty days, 5.22B;
marks, sixty days, 944
Domestic Exchange-Steady; banks are
buying at lie per cent. discount and sell
ing as follows: Amounts up 70 $25, 10 cents;
$25 10 $50, 10 cents; $50 to 800, 20 cents: $l0O
to $3.50, % cents; $3.50 to $3.50, Ito per cent
premium, and $3.50 and over. rs cents per
$1,000.
Securities-The. market is fairly active;
offerings scarce of Georgia state bonds.
Stocks and Bonds-State Bonds-Geor-
gla 31a per cent. bonds of 1885, 107 bid 1857
asked; Georgia 315 per cent, due 1915, 1O4
bid lO6 asked; Georgia Az per cent bonds,
1915 III bid 11S asked; Georgia 4 per
cent, due 1920, l13 bid, ia asked South
Carolina 41as ITO bid. Ill asked
City Bonds-Atlanta, AZ per cent. 1928 log
bid, 49, asked; Augusta 41as, 1925, 1O7 bid, 1OS
asked; Augusta per cent, 10 bid, III
asked; Augusta 6 per cent, Ill bid, 113
asked; Columbus per cent 1O5 bid 106
asked; Macon per cent, rs bid, 116 ask
ed; Macon 41as, 1926. 1912 bid, 1852 asked;
Savannah per cent, quarterly October
coupons, Ill bid, 112 asked; Savannah 3
per cent. quarterly November coupons.
110A bid, 11034 asked; Charleston As. "a
bid, IS asked.
Railroad Bonds-Savannah Florida and
Western Railroad general mortgage bonds
per cent. interest coupons, lis bid 1l9
asked; Savannah, Florida and Western
first mortgage 5 per cent, gold bonds due
1924, 1919 bid 1O6 asked; Central Railroad
and Banking Company collateral 5s 81
bid, so asked; Central of Georgia Rail-
road first mortgage 5s, 50-year gold bonds,
III bid, lis asked; Central of Georgia Rail-
way first consolidated mortgage 5s, 80 bid,
81 asked; Central of Georgia Railway,
first preferred incomes 40 bid 43 asked
Central of Georgia Railway, second pre-
ferred incomes, 1872 bid, 14ls asked;
Central of Georgia Railway third
preferred incomes, 6 bid, 61a asked
Georgia Railroad Is, 1910, 113 bid, ia asked;
Charlotte, Columbia and Augusta first 5s
105 bid, 1O6 asked; Charlotte, Columbia and
Augusta second mortgage Is, 11S bid, 120
asked Georgia Southern and Florida new
5s, 1912 bid, 105 asked South Georgia and
Florida first mortgage Is, 1922 bid 1882
asked; South Georgia and Florida second
mortgage Is, 1922 bid, 1882 asked; Ocean
Steamship per cent, bonds, 1926, 1902 bid,
104 asked; City and Suburban Railroad
first mortgage per cent. bonds, bid,
102 asked; Alabama Midland per cent, in
dorsed So bid. IS asked Brunswick and
western As, ~ Diu, 10 dShGui oOulll
Bound Railway 5s, Y bid, rs asked; Geor-
gia and Alabama first preferred IS, 103 bid,
1O4 asked; Georgia and Alabama cons. IS,
80 bid, 81 asked; Eatonton branch, 80 bid,
80 asked; Central of Georgia, Middle Geor-
gia and Atlantic division 5s, S1l2 bid, So
asked.
Railroad Stocks-Augusta and Savan-
nah, 81 bid, 9S asked; Southwestern, SO
bid SO asked; Atlanta and West Point
stock 100 bid, 107 asked Atlanta and West
Point per cent. certificates, 1903 bid, 14
asked; Georgia common, 1871 bid, 1872 asked;
Savannah Construction Company Y bid,
"A asked.
Gas stocks-savannah Gas Light stock,
22i4 bid. % asked; Electric Light and
Power Company, II bid, 7213 asked.
Bank Stocks, Etc.-Citizens Bank, 110A
bid, III asked; Chatham Bank, At bid As
asked; Germania Bank 110l2 bid, 1ll1@
asked: National Bank of Savannah 125
bid 1876 asked; Merchants National Bank
So bid, S415 asked; Oglethorpe Savings
and Trust Company. 104 bid, l05 asked;
Southern Bank of the State Of Georgia,
100 bid 131 asked; Savannah Bank and
Trust Company, 102 bid. 103 asked; Chat
ham Real Estate and Improvement Com
pany. A. 5515 bid, 50 asked; B, 5412 bid, 80
asked; Peoples Savings and Loan Compa-
ny 90 bid, "a asked
Factory Bonds-Aususta Factory, 105
pany, 6s, 100 bid 1872 asked
Factory Stocks-Augusta Factory, So bid,
65 asked Graniteville Factory, 40 bid, 145
asked; Langley Factory, 1o0 bid, 101 ask
ed Enterprise Factory common, 80 bid
"a asked; J. r. King Manufacturing Com
panv leo bid 101 asked; Sibley Manufac-
turing Company 70 bid, 76 asked; Savan-
nah Brewing Company, 80 bid, 100 asked
New York Aug. 15.-Money on call was
steadier at 1ian2 per cent; the last loan
was at 1st per cent. Prime mercantile pa
per. 3hQ4 per cent; sterling exchange
steady with actual business in bankers
bills at ST. S51a0$4 .S534 for demand and at
81. SiaS4. S4h for 60 days. Posted rates,
s4.sp5G$4.S5 and 81. SsGiS4 .S512. Commercial
bills. "a. S3d4 S3Ia. Silver certificates, $40
59Ibc Bar silver, $3.50. Mexican dollars
Acc, Government bonds were steady.
New York, Aug 15.-The market for
stocks was remarkably active and buoy
ant all of to-day. There was an occa-
sional halt i'm the upward tendency when
the price Of some leading stocks was adj
vanced to a level which invited unusually
heavy offerings but no volume of offer
ings seemed sufficient 60 check the steady,
upward tendency Of the market, and ev-
ervthine was absorbed with eagerness
the strength spread from the leaders as
the dav progressed and embraced a con-
tinualIy growing list of stocks. most of
which show gains OF between / and
points. and many of them in excess OF
that Sugar and Manhattan were depress-
ed throughout There was no special
news 20 account for the rise, which was