The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-11-26
FINANCIAL.

year before last.
Foreign Exchange-The market is very
weak. The following are the Savannah
quotations: Commercial demand, AS4sk;
sixty days, $4.slb ninety days, 4SOss:
francs, Paris and Havre, sixty days. 526;
Swiss, sixty days. 5.293s; marks, sixty
days 90 1876.
Domestic Exchange-Steady; banks are
buying at 1-16 per cent discount and SELL
ing as follows: Amounts up TO $25, 10 cents;
sos to $50, Is cents; $50 to 500. 20 cents:
$500 TO $500. Is per cent premium; $500 10
! 81 600, 65 cents premium; $1,000 and over,
1-16 per cent premium.
Securities-The market is firm, with ad.
| vancing tendency.
Stocks and Bonds-State Bonds-Georgla
| sih per cent. bonds of 1880, 107 bid lOsts
asked: Georgia 35a per cent, due 1916, 1851
bid JOG asked; Georgia Az per cent bonds,
| 1915. 1874 Did, 100 asked; Georgia 4 per
| cent due 1920. ia bid. lis asked; South
| Carolina as Ill bid, 112 asked.
| CITY Bonds-Atlanta, az per cent 1922
log bid, asked: Augusta, 4lks, 1925. 1O7
| hid 10S asked; Augusta per cent III
| hid 1l2 asked; Augusta 6 per cent. III
| hid il3 asked, Columbus per cent 1Oa
| hid l07 asked; Macon per cent, lie bid
| III asked: Macon AS. 1926, l05 bid Ia
! asked; Savannah per cent. uuarterlV,
| January coupons. 1l1la bid 112 asked: a.
vannah per cent quarterly Februarv
| coupons, ma pld, IL ASKED Charleston
| As SO bid, 81 asked.
railroad Bonds-savannah. Florida ana
Western Railroad general mortgage bonds
| q ner cent. interest coupons IiS bid 11a
| asked; Savannah, Florida and Western
! first mortgage per cent. gold bonds. due
| 1924. 1Og hid. 100 asked; Central Railroad
| and Banking Company, collateral 81 "a
| bid, % asked; Central of Georgia Ran.
road first mortgage 5s. 5O-year gold bonds.
JIG bid. III asked; Central Of Georgia Rail-
| way first consolidated mortgage s. 50
! bid. 90 asked: Central OF Georgia Rail-
| way first preferred incomes SO bid, 81
asked; Central OF Georgia Railway second
| preferred incomes. II bid, - asked;
| Central OF Georgia Railway third
| preferred mcconnell AZ bid, 5h asISed;
Georgia Railroad 6s 1910. 115 bid. III asked:
| Charlotte. Columbia and Augusta first So,
| JOG bid l07 asked; Charlotte, Columbia and
| Augusta second mortgage rs. III bid, llS
| asked; Georgia Southern ana Florida new
| IS, l0S bid, 1851 asked; South Georgia and
/ Florida first mortgage U.s. 100 bid, I0i
asked South Georgia and Florida second
mortgage Is, 100 bid, 10i asked; Ocean
| Steamship s per cent bonds 1926 1914 bid,
| 1854 asked; City and Suburban Railroad
| first mortgage 7 per cent. bonds, 100 bid,
| 1902 asked; Alabama Midland per cent, In
| dorsed 80 bid, "a asked; Brunswick and
| Western as, q bid, 70 asked; South Bound
| Railway SIS 81 bid asked; Georgia and
| Alabama first preferred 5s. 1903 bid. 1O4 nek-
| ed; Georgia and Alabama cons. 5s 80 bid.
| 81 asked; Eatonton branch, 20 bid, 81 asked:
| Central OF Georgia, Middle Georgia and
| Atlantic division s. 90 bid, 80 asked.
Railroad Stocks-Augusta and Savan-
| nah, 10l bid, 1914 asked; Southwestern,
102 bid, 1924 asked; Atlanta and West
! Point stock, 10 bid 112 asked; Atlanta and
| West Point per cent. certificates, 1903
bid, 1914 asked; Georgia common. 1G bid.
1893 asked.
Gas stocks-savannah Gas Light stock,
| 23la bid, "a asked; Electric Light ana
| Power Company. 60 bid, q asked.
Bank Stocks, Etc.-Citizens Bank, 110N
bid, Ill asked; Chatham Bank, '47k bid.
| 4sA asked; Germana Bank, 1101a bid. 1iliz
! asked National Bank of Savannah, 1926
/ bid 127 asked; Merchants National Bank.
SS1s bid, SAY asked; pglethorpe Savings and
| Trust Company, 105 bid, l07 asked; South
ern Bank OF the State of Georgia, 1870 bid,
| 1871 asked; Savannah Bank and Trust Com
| pany, 104 bid, 1906 asked; Chatham Real
! Estate and Improvement Company, A, 551z
bid Sc asked: b, s. bid 55ls asked; Peo-
pies Savings and Loan Company, 80 bid,
80 asked.
Factory Bonds-Augusta Factory. 105
bid 106 asked Slbley Manufacturing Com
| pany 6s. 100 bid, 102 asked; Eagle and Phe-
nix Mills per cent. bonds, due 1928, 101
| bid 1902 asked
Factory Stocks-Augusta Factory, IS
bid 65 asked: Graniteville Factory, 140 bid,
| 145 asked; Langley Factory, 100 bid, 10f
asked; Enterprise Factory, common 30
bid 81 asked; j. r. King Manufacturing
Company, 100 bid, 101 asked; Sibley Man
ufacturins Company. 70 bid. 70 asked; Sa-
vannah Brewing Company. 101 bid, 1903 ask
| ed.
New York Nov 25-Money on call was
steady at 202is per cent; the last loan
was at "a per cent. Prime mercantile pa
| per 31kd4lk per cent. Sterling exchange.
easy, with actual business in bankers bills
at S4s424Q4.S5 for demand, and at s4.S12tD
482 for sixty days; posted rates, AS24T
4S3 and $4.S604s6ls. Commercial bills, As1
M4Silk Silver certificates, 60laQ61isc. Bar
silver, 60 3-16c. Mexican dollars. 467sc.
Government bonds were strong; state
bonds were firm; railroad bonds were ir-
regular.
New York, Nov. 25.-The total bank
| clearings In the United States for the
week were 81 1891, ,749; per cent increase
25.6. Exclusive Of New York, $S4S ,99l, 43S;
per cent. increase, Is.
New York. Nov 25.-The action Of the
stock market to-day was suggestive Of a
process Of rather elaborate and cautious
testing. The powerful allied interests,
which have led the recent bull campaign,
refrained from buying on a large scale
to-day and seems TO occupy the position
| OF lookers-on at the profit-maklng sales
| n, proeress. standing ready, however, TO
come 10 the support Of their favorites. in
The event of their being too hard pressed.
Profit-taking was very clearly in evidence
IN the Atchison issues. the Federal Steel
stocks. Peoples Gas. Southern preferred.
| ana a number Of others, upon which the
recent advance has been sufficient TO mako
| profits attractive. The selling pressure
was by no means urgent IN these stocks.
which showed a decided falling Off from
| the recent degree of activity, except Atch-
ison preferred But they were clearly in
disposed 70 advance. The Northern Pa
eiac stocks maintained their recent drop
ping tendency pending the result Of fur
ther consultations between Northern Pa
ctfc and oregon Navigation authorities.
looking 20 the adjustment Of the dispute
OF division Of territory. II was sisnihcant