The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-06-26
FINANCIAL
Ioney-Market steady.

FINANCIAL
Money-Market steady.
Foreign Exchange The market is
steady. The following are the net Savan-
nah quotations: Commercial. demand.
&.S5; sixty days, 1881 ninety days
$4S23s; francs, Paris and Havre, sixty
days, 5.2314 Swiss, sixty days, 5.26; marks.
sixty days, "a ZIG.
Domestic Exchange-Steady; banks are
buying at 1-16 per cent. discount and sell
Ing as follows: Up to $25, 10c premium; $25
to $50, 15c premium; $50 to 500. zoe prem
ium; $500 to 1000, Csc premium; 81 900 and
over lie per cent. premium.
Securites-Southweste and Atlanta
and West Point stocks are in demand
Stocks and Bonds-State Bonds-Geor-
gia 31R per cent. bonds of 1890, 107 bid 1854
asked Georgia S1z per cent, due 1915, los
bid, 1O7 asked; Georgia AZ per cent bonds,
1915 117b bid 1884, asked; Georgia per
cent. due 1926 liz bid. lis asked; South
Carolina 416s, 11e bid, liz asked.
City Bonds-Atlanta per cent, 102 bid
- asked; Augusta 415s OBS, 1O5 bid. los
asked; Augusta pei cent. ITO bid Ill
asked Augusta 6 per cent, liz bid, 113
asked Columbus per cent, l031z bid, 1914
asked; Macon 6 per cent, 116 bid, III ask
ed; Macon 415s, 1926, 1041a bid, 105 asked;
Savannah per cent, quarterly July cou-
pons, Ill bid, liz asked; Savannah )
per cent, quarterly august coupons, llO12
bid, lila asked; Charleston As, 9512 bid, 961a
asked.
Railroad Bonds-Savannah, Florida and
Western Railroad general mortgage bonds,
per cent. interest coupons, III bid lis
asked; Savannah Florida and Western
first mortgage 5 per cenl. gold bonds, due
1924 1O5 bid, LOG asked; Central Railroad
and Banking Company collateral 5s, SO
bid 80 asked; Central of Georgia Rail
road first mortgage IS. 5O-year gold bonds,
116 bid III asked Central of Georgia Rail-
way first consolidated mortgage IS, So bid,
| 90 asked; Central of Georgia Railway first
preferred incomes, SO bid, 4O1a asked; Cen
trail of Georgia Railway second preferred.
incomes 1924 bid, 1872 asked; Cen
trail Of Georgia Railway third
preferred incomes, 6 bid, asked;
Georgia Railroad IS, 1910, 112 bid, ia asked;
Charlotte, Columbia and Augusta first 5s,
|. 1O7 bid, los asked; Charlotte, Columbia and
| Augusta second mortgage Is, lis bid, 116
asked; Georgia Southern and Florida new
IS, 1O41k bid, 1864 asked; South Georgia and
Florida first mortgage Is, 101 bid, 102
asked; South Georgia and Florida second
mortgage Is, 1O1 bid, 1O2 asked; Ocean
| Steamship per cent. bonds, 1926, 104 bid
| 1O5 asked City and Suburban Railroad
! first mortgage 6 per cent. bonds, 101 bid 103
| asked; Alabama Midland per cent. in
| dorsed IS bid, S8 asked; Brunswick and
Western As, 70 bid, 70 asked; South
Bound Railway 5s, 6S bid, Y asked; Geor-
! gia and Alabama first preferred So, 103 bid
| 1O4 asked; Georgia and Alabama cons. S.
| S915 bid 1912 asked ;Eatonton Branch, SO bid
| 50 asked; Central of Georgia, Middle
! Georgia and Atlantic division 5s, 1917 bid,S2
| asked.
Railroad Stocks-Augusta and Savar-
| nah. 90 bid, SO asked; Southwestern 9219
bid 93ia asked; Atlanta and West Point
| Point stock 105 bid, 106 asked; Atlanta and
I
| 1O11b asked; ex-interest; Georgia common,
176 bid, 1872 asked; Savannah Construction
| Company IS bid 70 asked.
Gas Stocks-Savannah Gas Light stock,
! % bid. 231h asked; Electric Light and
Power Company, e bid 70 asked, ex-inter-
! est.
Rank Stocks, Etc.-Citizens Bank, 1922
hid iii asked; Chatham Bank 451a bid, 46
| bid As asked, ex-div; Germania Bank
11O% bid. 112 asked; National Bank,
of Savannah, 1875 bid, 127 asked
Merchants National Bank, 81 bid.
IS asked; Oglethorpe Savings and
trust Co, los bid. LOG asked; Southern
Bank of the State of Georgia. 1870 bid 1876
| asked; Savannah Bank and Trust Compa-
ny, 100 bid, 102 asked, ex-div; Chat
ham Real Estate and Improvement Com
pany A, 55A bid, Sc asked; b, 54A bid,55A
asked; Peoples Saving and Loan Compa-
ny, 95 bid, 90 asked.
FACTORY Bonds - Augusta Factory, 101
bid. 1O2 asked; Eagle and Phenix Manu-
featuring Company per cent. bonds, -
hid. 40, asked; Sibley Manufacturing CON-
pany, Is, 100 bid, 102 asked.
Factory Stocks - Augusta Factory, 6S
hid. "a asked; GranIteville Factory, AS
/ hid ISL asked; Langley Factory, 100 bid,
| Io1 asked Enterprise Factory, common,
40 bid. "a asked; ]. r. King Manufactuf
ing Company. 100 bid, 101 asked; Sibley
Manufacturing Company, 10 bid. rs asked:
Savannah Brewing Company, 80 bid, 81
asked.
New York. June 25.-Money on call was
! steady at 1d11a per cent; the last loan was
AT ~ per cent. Prime mercantile paper
9G54 Der cent Sterling exchange firm with
| actual business in bankers bills at 1851
for demand and $4s4A for sixty days,
nosted rates AS5Gl4. S519 and 81. S60D4. Ssh.
Commercial bills. $4S3 Silver certificates
5e61eOc. Bar silver 59Ac. Mexican dollars
k5Hc. State bonds were dun. Railroad
bonds we're strong. Government bonds
New york. June 25.-The weekly bank
statement shows the following changes:
Surplus reserve increase, $29, 932 $50; loans,
increase. 50 262, 500; specie, increase, ST.
901 400; legal tenders, increase, S3,S4,9o0i
deposits, increase $6721 400; circulation
decrease. s20.3O0. The bank now holds $62,-
9Oe $50 in excess of the requirements of the
25 per cent. rule.
New York, June A-Ihe reSteltable loss
of some American soldiers in Cuba had
a sentmentally depressing influence al
the opening OF the stock market to-day
Prices continued sluggish, but without
real weakness during the first hour. The
question of differentials 10 the Canadian
Pacific was said 10 still block a settle
ment Of the rate war and this contributed
to the heaviness in Northern Pacific.
The specialtes, on manipulation, i'm
proved subsequently. Various industrlals
including Spirits and Tobacco, received