The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-03-18
RICE.
FINANCIAL.


Foreign Exchange-The market is firm.
! The following are the net Savannah quo
J tauons: Commercial demand $Ss:
sixty days, ASOA; ninety days, $.7e;
francs, Paris and Havre, sixty DAYS.
5.25; Swiss, sixty days. 5.292s; marks, six
! ty days, 81 11-16.
Domestic Exchange-steady; banks are
buying at par and selling as follows: IN
to S25, 10c premium $25 to $50 15c premium:
! $50 to $780, zoe premium; 500 to 81. 600 x
per cent premium; 81 200 and over. 81 per
! $1,000.
/ Securities-Very inactive and duh. Quo
tations are rather nominal
| Stocks and Bonds.-State Bonds-Ceor-
| gia S1a per cent bonds of $780, 1O5 bid =
asked; Georgia 31a per cent, due 1915 los
/ bid, asked; Georgia AZ per cent. bonds
! 1916 1864 bid, 1171s asked; Georgia 4 DER
cent, due 1926, 1iS bid, = asked; South
Carolina AIS, 10 bid 112 asked
| City Bonds-Atlanta per cent 1n2 hid
= asked Augusta 4las, 1926, 1O5 bid. 1O6
asked; Augusta Z per cent, 10 bid III
asked; Augusta s per cent, 112 bid. 113
asked; Columbus per cent, 1031s bid 1O41b
asked; Macon per cent, ia bid. 116 ask
ed; Macon AIS, 1926. lOS bid, 105 asked; Sa-
vannah 5 per cent. quarterly April CON
pons 1l01a bid, 111A asked: Savannah per
cent quarterly May coupons, 10Y bid. Ill
asked; Charleston As, 90 bid, SO asked.
Railroad Bonds-Savannah Florida. and
Western Railroad general mortgage bonds.
3 per cent interest coupons 116 bid. III
asked; Savannah, Florida and Western
hrst mortgage per cent gold bonds, due
1924, 10S bid, 1O9 asked: Cen
trail Railroad and Banking Company col
lateral 5s, 81 bid, SO asked; Central of
Georgia Railroad first mortgage SIS. So
year gold bonds, lie bid, III asked; Central
o Georgia
mortgage 5s, 81 bid SO asked Central of
georgia Railway first preferred incomes,
80 DID, S71a asked; Central of Georgia
Railway second preferred incomes, 1215
plu, 15A asked; Central Of Georgia Railway
tnlrd preferred incomes, bid, Z asked;
georgia Railroad IS. 1910, 113 bid, ia asked;
charlotte, Columbia and Augusta first 5s,
lVf Did, los asked; Charlotte. Columbia and
augusta second mortgage Is, III bid, 1852
asked; Georgia Southern and Florida new
os, 100 bid, lOl1s asked; South Georgia and
florlda nrst mortgage rs, 1921 bid, 1872
asked; South Georgia and Florida second
mortgage rs, l03 bid, 105 asked Ocean
steamship per cent bonds, 1926 104 bid,
lO6 asked; City and Suburban Railroad
nrst mortgage per cent bonds, 100 bid, 103
asked; Alabama Midland 5 per cent in
dorsed, Sc bid, 80 asked; Brunswick and
western is, 70 bid TN asked; South
Bound Railway IS, - bid, rs asked; Geor-
gia and Alabama first preferred IS, 1O2 bid,
lOS asked; Georgia and Alabama cons. IS,
81 bid, 50 asked; Eatonton Branch, So bid,
S714 asked; Central of Georgia, Middle
Georgia and Atlantic division 5s, TN bid,
SO asked
Railroad Stocks-Augusta and Savannah,
| 81 bid, SO asked; Georgia common, IT'S
bid $50 asked; Southwestern, 81 bid, 90
asked; Atlanta and West Point stock,
lOS bid, 1914 asked; Atlanta and West
Point per cent. certificates 103 bid, 1O4
asked; Savannah Construction Company,
SO bid rs asked.
Gas Stock-Savannah Gas Light stock,
q bid, Is asked; Electric Light and Power
Company, IA bid, n asked.
Bank Stocks, Etc.-Citzens Bank, 100
bid, 10 asked; Chatham Bank 4S
bid. 40 asked;' Germania Bank, 100
bid. 10 asked National Bank of Savan-
nah, 125 bid, 126 asked; ; Merchants National
Bank, "a bid, So asked; Oglethorpe Saw
ings and Trust Company, lO5 bid, JOG
asked; Southern Bank of the State of
Georgia, bid, 1873 asked: Savannah
Bank and Trust Company, 1917 bid, 1O21a
asked; Chatham Real Estate and I'M
provement Company, A, So bid Sc asked,
b. 5415 bid, So asked Peoples Savings and
Loan Company, 50 bid 81 asked ex-div
Factory Bonds.-Augusta Factory. TO-
bid, 102 asked; Eagle and Phenix Manu-
featuring Company, per cent bonds, IS
bid, 40 asked; Sibley Manufacturing Corn
pany, IS. 100 bid. l02 asked
Factory Stocks-Augusta Factory, So
bid, rs asked; Graniteville Factory, AS bid
ISL asked: Langley Factory, 101 bid 1O4
asked; Enterprise Factory, common, 90
bid. SO asked; J. R. King Manufactures
Company, 104 bid 1O5 asked; Sibley Manu-
featuring Company, 70 bid, rs asked; Sa-
vannah Brewing Company, 80 bid, go asked.
New York, March 17.-Money on call was
easy, 11ad2 per cent; last loan at per
cent; prime mercantile paper, 415G51s per
cent. Sterling exchange steady, with ac-
tual business in bankers bills at 81. s3A
@4.S4 for demand, and at 81. SO6I4. SOY for
sixty days; posted rates, 81. S1lk0l4. SO and
4.Silsa4. S51a. Commercial bills, @.SO6D
S01k. Silver certificates, 55G55Ac. Bar
silver, 547sc. Mexican dollars, 442zc Gov
eminent bonds were weak; state bonds
were steady; railroad Bonds were weak
New York, March 17.-Evening Posts
London financial cablegram says: 'In
the absence of bad news the stock markets
here continued steady to-day. The chief
feature was the recovery in investment
stocks on the prospects of temporarily
cheap money Prices, however, closed I'M
der the BEST notably Americans and Grand
Trunks Canadian Pacific was strongly
bought for Montreal
Foreign stocks were firm on Paris buy
ing in spite of the fractional decline In
Spanish As. A Greek loan is expected
next month 1t is to be between Is, 10000
and f6.OOO0OO. Of which 10000
are for Turkish indemnity. The interest
is to be 21a per cent, but the issue price is
not yet known. Financial quarters here
regard attentively your purchase OF Bra
lillian warships. Gold is in less keen de-
mand for New York at rs. 1O1zd. More
was Withdrawn from the Bank of France
to-day. 1t is understood that that insti-
tuition is showing more willingness to part
with its gold"
New York March 17.-There was a COM
nlete reversal of sentiment on the Stock
Exchange to-day compared with that of
the early part of the week, and prices
sagged almost continuously. The losses
averaged nearly 2 per cent in the stand.
ard shares, and were more pronounced in
the specialties, where in one case the de-
cline exceeded 4 per cent Trading was
dominated by the announced completion
of the Maine board of inquiry report, the
failure of the Pacific roads to reach an
arnicable agreement upon passenger ratee
and the heavy selling by houses with
Washington connections.