The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-06-09
FINANCIAL.
Money-Market steady.

Money-Market steady.
Foreign Exchange - The market is
steady. The following are the net Savan-
nah quotations. Commercial, demand
$4S6A sixty days A.SSA ninety days
| sissy; francs, Paris and Havre. sixty
! days, 5.227s; Swiss. sixty days, 5.251%;
marks, sixty days, 94Ss.
| Domestic Exchange-Steady; banks are
| buying at 1-16 per cent. discount and SELL
| ing as follows: Up to S25, 1Oc premium. S25
to $50, 15c premium; $50 to 800, zoe prem
ium $500 10 $1,000, CSC premium 81, 900 and
over, 1-16 per cent premium.
Securities-Market is steady at quota
tions some difficulty in buying Southwest
| ern Railroad stock
Stocks and Bonds-State Bonds-Geor
gia 31a per cent. bonds of 1880, 1O7 bid. 1857
asked; Georgia 31A per cent due 1ei5 1O5
1915, 1T bid, 118 asked; Georgia per
cent, due 1925, 112 bid, 115 asked; South
Carolina 411s, 40 bid 112 asked
City Bonds-Atlanta z per cent, 1O2 bid,
- asked Augusta 415s 1925, 1O5 bid. 1O6
asked; Augusta per cent, 10 bid. III
asked; Augusta per cent, 112 bid, 113
asked; Columbus per cent. 1872 bid, 1O41h
asked; Macon per cent, 116 bid III ask
ed; Macon AVS, 1926. 105 bid, los asked; Sa-
vannah per cent, quarterly July cou-
pons, 110A bid, Ill asked; Savannah 5
per cent, quarterly August coupons, 1898
a,
asked.
Railroad Bonds-Savannah, Florida and
Western Railroad general mortgage bonds
per cent. interest coupons, 116 bid, 11S
asked; Savannah, Florida and Western
| first mortgage 5 per cent. gold bonds, due
| 1924, 105 bid, 106 asked; Central Railroad
and Banking Company collateral IS, 81
| bid, SO asked Central of Georgia Rail-
road first mortgage IS. 50-year gold bonds
| 116 bid, Iii asked Central of Georgia Rail-
way first consolidated mortgage S. ST bid.
! So asked; Central of Georgia Railway first
| preferred incomes, Az d,4215 asked Cen
trail of Georgia Railway second preferred
incomes, 1872 bid, 14la asked; Cen
trail of Georgia Railway third
preferred incomes, bid, asked;
| Georgia Railroad IS, 1910, 112 bid ia asked !:
Charlotte, Columbia and Augusta first S.
| 1O7 bid, 10S asked; Charlotte, Columbia and
Augusta second mortgage rs, lis bid, l16
asked; Georgia Southern and Florida new
5s 1O53z bid, 1862 asked; South Georgia and
Florida first mortgage rs, 1929 bid, 1881
asked; South Georgia and Florida second
mortgage Is, 1021s bid, 103 asked Ocean
Steamship per cent. bonds, 1926 104 hid
1O5 asked; City and Suburban Railroad
first mortgage 6 per cent. bonds, 81 bid 1O1
asked; Alabama Midland 5 per cent in
dorsed, 81 bid IS asked; Brunswick and
Western As, Y bid, rs asked; South
Bound Railway IS, 6S bid, 72 asked; Geor-
1O215 asked; Georgia and Alabama cons IS,
IS bid, SO asked; Eatonton Branch, so bid.
S71A asked Central of Georgia, Middle
Georgia and Atlantic division 5s 70 bid, 81
asked
Railroad Stocks-Augusta and Savar-
nah, 90 bid, 9312 asked; Southwestern, 941h
bid. 951a asked; Atlanta and West Point
stock, 105 bid, JOG asked; Atlanta end
West Point per cent, certificates, 101 bid,
1917 asked, eX-interest; Georgia common,
176 bid, 1872 asked; Savannah Construction
Company, &C bid, 70 asked.
Gas Stocks-Savannah Gas Light stock
% bid, 1872 asked; Electric Light and
Power Company, IA bid, rs asked.
Bank Stocks, Etc.-CitiZens Bank, no
bid. Ill asked; Chatham Bank, 46A bid, 471z
asked; Germania Bank, 110%4 bid, 112 ask
ed National Bank of Savannah, 1876 bid,
l27 asked; Merchants National Bank, 81
bid. IS asked; Oglethorpe Savings and
Trust Co., 105 bid, 1O6 asked; Southern
Bank of the State of Georgia. 1870 bid, 135
asked Savannah Bank and Trust Compa-
ny. 109 bid 1872 asked; Chat
ham Real Estate and Improvement Com
pany, A. 55k bid, Sc asked; B. 541l bid, 55A
asked; Peoples Saving and Loan Compa-
NY, IS bid, Sc asked.
Factory Bonds - Augusta Factory, 101
bid. 102 asked; Eagle and Phendx Manu-
featuring Company per cent. bonds, IS
bid. 40 asked: Sibley Manufacturing Com
Factory Stocks Augusta Factory, 6S
bid, 70 asked; Graniteville Factory, 145
bid, Isl asked: Langley Factory, 100 bid,
10l asked; Enterprise Factory common,
80 bid "a asked; j. r. King Manufactur-
ing COMPANY 100 bid, 10l asked; Sibley
Manufacturing Company, 70 bid 76 asked;
Savannah Brewing Company, 81 bid, IS
asked.
New York, June 8, 8 p. nl.-AToney on call
was easy at 1d1la per cent, the last loan
was at IL per cent. Prime mercantile pa
per. 3d4 per cent. Sterling exchange firm,
with actual business in bankers bills at
4S63s for demand, and at 4.S4IA44S4& for
sixty days Posted rates, S4S5n4.S7. Com
mercial bills, 4S4. Silver certificates,
595s@60c Bar silver, $3.50. Mexican dol
lars 4515c. Government bonds weak; state
bonds dull; railroad bonds steady.
New York, June S.--The bears SECURED
the upper hand again in to-days stock
market through the fundamentally of
Sugar which went through one of its old
fashioned acrobatic performances and
easily dominated the whole list Though
it made several substantial recoveries each
successive dip carried it to a lower level
than before and the close was only slight
lv above the lowest. The violent declines
dislodged torrents of stock, which came
pouring upon the market in blocks of 900
shares The quick rally indicated that
shorts were losing no time in covering.
To-day was the beginning of a periodical
settlement on the London Stock Exchange
and ii has been current opinion in WAN
street that there was heavy outstanding
short account there in Americans. Lon
don sold here through the regular arbi-