The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-08-20

Inc Dahk cieafings curing the past week
were $,4n, 1919, against $l707, 1901 dur
ing the same week last year, and %,547,-
557.41 during the same week in 1886
Foreign EXchange-The market Is
steady. The following are the net Savan-
nah quotations: Commercial demand,
$4.S49s sixty days, $S3; ninety days,
$4.S212; francs, Paris and Havre, sixty
days, 52212; Swiss, sixty days, 5.227s;
marks, sixty days 9ih
Domestic Exchange banks are
buying at 1-16 per cent. discount aud SELL
Ing as follows Amounts up TO $25, 10 cents;
$25 10 $50, 10 cents; $50 to $100 20 cents; 500
to $3.50 % cents; $3.50 to $3.50 40 per cent
premium, and $3.50 and over, 70 cents per
$1,000.
Securities-The market is fairly active
but offerings are light
Stocks and Bonds-State Bonds-Geor-
gia 315 per cent. bonds of 1880, 107 bid 1857
asked; Georgia 312 per cent due 1915. 1914
bid, JOG asked; Georgia ~ per cent bonds
1915, III bid, rs asked; Georgia per
cent, due 1920, 113 bid, ia asked; South
Carolina 41as 10 bid, III asked
City Bonds-Atlanta, Az per cent. 1923. 1O6
bid - asked; Augusta 41as 1925, 1877 bid l0S
asked; Augusta 7 per cent, 40 bid, Ill
asked; Augusta 6 per cent, III bid 113
asked; Columbus 5 per cent. 105 bid JOG
asked; Macon 8 per cent, 115 bid 116 ask
ed Macon 4las 1926, 1919 bid, 1854 asked :
coupons, Ill bid, 112 asked Savannah )
per cent. quarterly November coupons.
11Oh bid, 11024 asked Charleston As, "a
bid, IS asked
Railroad Bonds-Savannah Florida and
| Western Railroad general mortgage bonds
per cent. interest coupons 1lS bid 119
| asked; Savannah, Florida and Western
first mortgage per cent. gold bonds, due
1924, 1912 bid 1O6 asked; Central Railroad
and Banking Company collateral IS 81
bid, 90 asked Central of Georgia Rail-
road first mortgage 5s, 50-year gold bonds.
III bid, 11S asked Central of Georgia Rail
way first consolidated mort gage 5s, 30 bid.
81 asked; Central of Georgia Railway.
| first preferred incomes, AZ bid, 43 asked;
Central of Georgia Railway, second pre-
ferred incomes "a bid. 1415 asked;
! Central of Georgia Railway third
preferred incomes, 6 bid, 6Ia asked:
Georgia Railroad IS, 1910 113 bid, ia asked;
Charlotte, Columbia and Augusta first IS.
Jos bid, 106 asked Charlotte Columbia and
Augusta second mortgage rs, 118 bid, 120
asked; Georgia Southern and Florida new
IS 105 bid, JOG asked South Georgia and
Florida first mortgage Is, 1927 bid 1922
asked; South Georgia and Florida second
mortgage Is, 1922 bid, 1872 asked Ocean
Steamship per cent, bonds, 1926 103 bid
1O5 asked; City ana Suburban Railroad
first mort gage per cent bonds, bid,
102 asked; Alabama Midland per cent. in
dorsed, So bid, 50 asked; Brunswick and
Western As, 70 bid. IS asked; South
Bound Railway IS, Y bid rs asked Geor-
gia and Alabama first preferred 5s 103 bid,
104 asked; Georgia and Alabama cons S.
80 bid 81 asked; Eatonton branch, 30 bid
90 asked; Central Of Georgia. Middle Geor-
gia and Atlantic division 5s, SLY bid, So
/ asked.
Railroad Stocks-Augusta and SaVan-
nah, 97l5 bid, 9Si2 asked Southwestern, 971A
bid, 9S15 asked; Atlanta and West Point
stock, 106 bid, 107 asked; Atlanta and West
Point per cent. certificates 1903 bid, 104
asked; Georgia common, 1871 bid, 1872 asked ;
Savannah Construction Company, rs bid
49, asked.
Gas Stocks-Savannah Gas Light stock,
22h bid q asked; Electric Light and
Power Company, II bid 721z asked.
Bank Stocks, Etc.-Citizens Bank 110A
bid, III asked; Chatham Bank, a bid. AZ
asked; Germania Bank, 1lOla bid, 111k
asked; National Bank of Savannah 1875
bid 126 asked; Merchants National Bank,
SO bid, $40 asked; Oglethorpe Savings
and Trust Company, 1914 bid, 105 asked;
Southern Bank of the State Of Georgia.
100 bid, 131 asked Savannah Bank and
Trust Company, 102 bid, 1913 asked; Chat
ham Real Estate and Improvement Com
pany. A, 55la bid, So asked; y, SAY bid, So
asked; Peoples Savings and Loan Comma
ny. 90 bid, 81 asked.
Factory Bonds-Augusta Factory, 1O5
bid 106 asked; Sibley Manufacturing Com
pany, 6s, 100 bid, 1902 asked
Factory StOcks-Augusta Factory. S. bid
65 asked; Granitevile Factory. 40 bid. l45
asked; Langley Factory, 100 bid, lOl ask
ed; Enterprise Factory common 80 bid
81 asked; J. r. King Manufacturing Com
pany, 100 bid. 101 asked; Sibley Manufac-
turing Company, 10 bid, 78 asked; savan-
nah Brewing Company. 50 bid 100 asked
Agfu
call was at 11ad1& per cent; the last loan
was a ~ per cent Prime mercantile
paper, 3An4 per cent. Sterling exchange.
weaker, with actual business In bankers
bills az &.81404853s for demand and at
&.S3lz448S5s for 60 days. Posted rates
&.Si4i.S5 and S4660A8512. Commercial
bills, 4S2#. Silver certificates, 59h 059lzc
Bar silver, 59hc. Mexican dollars, Acc
Government bonds were irregular.
New York, Aug. 19.-The recovery from
yesterdays reaction In the stock market
was decisive and complete before the end
OF 70 day and the closing showed a fu-
riousy active buying movement In force
which was absorbing an offerings az adj
yancing prices. Some OF these offerings
We're heavy, as a result Of the attractive
level OF prices attained. and numerous IN
dividual blocks of 1.010 shares and up
ward OF 81. Paul were snapped up with
apparent avdity. St. Paul resumed the
NdptIahip OF thc market ana was wen
taken and firmly held al day. but 10 was
not until the last hair hour OF the trading
that IL was taken decisivc.y in hasd and
rushed up from about Loo 10 1924. The
other Changers followed suit, though AZ a
Tess lively rate With nowhere near 70
large volume Of business. Although there
was some realizing during The first hour
o. was 20 wcil AFFORDED bat The bears be-
come discouraged and desisted from their
efforts 40 break ihO market When "a was
announced that the Stock Exchange would
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