The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-07-21
FINANCIAL.
Mnnev-Markei steady

ElNANCtAL,
Money-Market steady.
Foreign Exchange-The market is
steady. The following are the net Savan-
nah quotations: Commercial demand
$4.85; sixty days, S4.S4; ninety days,
&.8SA; francs, Paris and Havre, sixty
days, 52l5s; Swiss, sixty days. 5241b;
marks, sixty days, 9415.
Domestic Exchange-Steady banks are
buying a lie per cent discount, and sell
ing as follows: Amounts up to S25, 10 cents;
$25 to $50, Is cents; $50 to 800, 20 cents; 500
TO $3.50, % cents; $3.50 to $3.50, Ito per cent.
premium, and $3.50 and over 70 cents per
$1,000.
Securities-The market Is steady, but not
much doing, on account of light offerings.
Stocks and Bonds-State Bonds-Geor-
gia 49, per cent. bonds of 1890 1O7 bid, 1857
asked; Georgia 31s per cent, due 1915, 1O5
bid, 107 asked; Georgia AZ per cent bonds.
1915, 116 bid, III asked; Georgia 4 per
cent, due 1920 10 bid Ill asked; South
Carolina 41as 109 bid, Ito asked.
City Bonds-Atlanta per cent, 1902 bid.
- asked; Augusta 412s 1925, 1O5 bid 1O6
asked; Augusta Z per cent, 40 bid Iii
asked; Augusta per cent, 112 bid 11S
asked; Columbus 5 per cent. 1887 bid, 1O41b
asked; Macon per cent us bid, 116 ask
ed; Macon 412s, 1926, 103 bid 1O4 asNed:
Savannah . per cent, quarterly October
coupons, Ill bid, 11l12 asked; Savannah 5
per cent. quarterly August coupons. III
bid, 1111a asked; Charleston As 9515 bid 96lS
asked.
Railroad Bonds-Savannah, Florida and
Western Railroad general mortgage bonds.
Per cent. interest coupons, III bid, 11S
asked; Savannah, Florida and Western
first mortgage per cent. gold bonds. due
1924 1912 bid, 1852 asked; Central Railroad
and Banking Company collateral 5s 81
bid, % askeds Central of Georgia Rail-
road first mortgage IS, 5O-year gold bonds,
1854 bid, 1T asked ;Centrar OF Georgia Rail-
way first consolidated mortgage 5s IS bid
SO asked; Central of Georgia Railway
first preferred incomes, SO bid 40 asked;
Central of Georgia Railway second
preferred incomes, 10 bid, IA asked;
Central of Georgia Railway ;hird
preferred incomes, bid. 61s asked;
Georgia Railroad IS, 1910, 119 bid, ia asked:
Charlotte, Columbia and Augusta first IS
108 bid, 1903 asked; Charlotte, Columbia and
Augusta second mortgage Is, 100 bid 121
asked; Georgia Southern and Florida new
IS, 103 bid, 104 asked; South Georgia and
Florida first mortgage Is, 102 bid, 1889
asked; South Georgia and Florida second
mortgage Is, 1O2 bid, 1892 asked; Ocean
Steamship per cent. bonds, 1926 103 bid
104 asked; City and Suburban Railroad
first mortgage per cent. bonds 101 bid 1903
asked; Alabama Midland 5 per cent in
dorsed, IS bid, So asked; Brunswick ard
Western As, u bid, rs asked; Soutn
gia and Alabama first preferred 5s 103 bid
104 asked; Georgia and Alabama cons s.
80 bid, 81 asked; Eatonton branch, IS bid
SO asked; Central of Georgia, Middle
Georgia and Atlantic division IS, 70 bid,
81 asked.
Railroad Stocks-Augusta and savan-
nah, SO bid, 81 asked. ex-div.;
Southwestern, SO bid, 81 asked, ex-
div; Atlanta and West Point
stock, 10S bid 104 asked; ex-div; Atlanta
and West Point per cent. certificates, 1011s
bid. 1O2lb asked, ex-interest: Georgia com.
mon, 1870 bid 1872 asked; Savannah Con-
struction Company, II bid, 73 asked
Gas Stocks-Savannah Gas Light stock
2212 bid % asked; Electric Light and
Power Company 70 bid II asked, ex-
Bank stocks, Etc.-Citizens Bank. 1891
bid, 110l4 asked, ex-div.; Chatham Bank,
1862, bid, 471a asked, eX-div; Germania
Bank, 11Ol2 bid, 11119 asked, ex-div.;
National Bank of Savannah,
ia bid, 126 asked, ex-dv; Mer-
chants National Bank, SO bid S415 asked,
ex-dtv.; Oglethorpe Savings and Trust Co,
10i bid, 1O5 asked, eX-diY; Southern Bank
of the State of Georgia, 129 bid, 100 asked,
ex-div.; Savannah Bank and Trust Com
pany. 1917 bid, 1929 asked, eX-div; Chatham
Rear Estate and Improvement Company
A S. bid, 551a asked; b, "a bid, 5i% asked,
ex-div.; Peoples Savings and Loan Com
pany, 80 bid, 30 asked.
Factory Bonds.-Augusta Factory 101
hid. 1902 asked; Sibley Manufacturing Com
many. 6s 100 bid, l02 asked
Factory Stocks.-Augusta Factory, 60
bid. rs asked; Granieyile Factory 1i5
lid. III asked; Langley Factory, 100 bid,
1O1 asked; Enterprise Factory. common,
90 bid. "a asked; J. r. King Manufacturing
company. 100 bid, lO1 asked: Sibley
Manufacturing Company 70 bid rs asked;
Savannah Brewing Company, 80 bid, 90
asked.
New York. July 20.-Money on call was
steady at l1aGt2 per cent; the last loan was
az az per cent. Prime mercantile paper,
3l5d4 per cent. Sterling exchange steady.
with actual business in bankers bills at
Si.S5i5G4s5% for demand and at $4.S3hW
Asa for sixty days Posted rates, S4.SH
and S4s6lk654S7. Commercial bills, Si.S3I9li
4.a. silver certificates 59AG552ic. Bar sill
yer. 5000 Mexican dollars. 4534c. Govern
ment bonds were strong.
New York. July 1.-THE slight increase
I'm the volume of dealings in stocks to-day
would by no means warrant the term an
imaticn. but it conveyed an intimation
that business IN Wall street is not entirely
dead Any striking development in the
situation would lead TO 9n outbreak Of
activity IN speculation. The morning adj
vance was occasioned by nothing more
than the covering Of short contracts put
out by the small traders yesterday