The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-08-02

Money-MarkeI steadY.

fOIelSH EAGNdDSG-lne market is
steady The following are the net Savan-
nah quotations: Commercial demand,
$4.S5; sixty days, $4.S4; ninety days,
s4.S3A; francs, Paris and Havre, sixty
days, 52l5s; Swiss, sixty days, 5.241@;
marks. sixty days, 941a.
Domestic Exchange-Steady; banks are
buying al ZIG per cent discount, and sell
ing as follows: Amounts up to $25, 10 cents;
S25 to $50, Is cents; $50 to 800, 20 cents; 500
to $3.50 % cents; $50 to $3.50, lilo per cent.
premium, and $3.50 and over, 70 cents per
$1,000.
Securities-The market is fairly steady.
Demand good all around; offerings limit
Stocks and Bonds-state Bonds-Geor-
gia 81 per cent. bonds of $780, 107 bid, 1881
asked; Georgia 49, per cent. due 1915. 1O6
bid 107 asked; Georgia Az per cent. bonds,
1915, 1161a bid, III asked; Georgia per
cent, due 1920, ITO bid, Ill asked South
Carolina 41as, 1O9 bid, 10 asked
City Bonds-Atlanta per cent, 102 bid.
- asked; Augusta AIS, 1925, 105 bid 1O6
asked; Augusta Z per cent, ITO bid. Ill
asked Augusta 6 per cent, 112 bid 113
asked Columbus 5 PEI cent. 1872 bid 1O4Ib
asked; Macon s per cent, 115 bid 116 ask
ed; Macon as, 1926, 1O3 bid 1O4 asked:
Savannah per cent, quarterly October
coupons, 11112 bid, IL asked; Savannah
per cent. quarterly August coupons. 1111b
bid 112 asked; Charleston As, 951a bid, 961s
asked.
Railroad Bonds-Savannah, Florida and
Western Railroad general mortgage bonds.
s per cenk. interest coupons, 118 bid 119
asked; Savannah, Florida and Western
first mortgage 5 per cent gold bonds. due
1924, 1912 bid, 106 asked; Central Railroad
and Banking Company collateral 5s 81
bid, % asked Central of Georgia Rail-
road first mortgage 5s, 50-year gold bonds,
III bid, 11S asked; Central of Georgia Rail-
way first consolidated mortgage 5s SO bid
80 asked; Central of Georgia Railway
first preferred incomes, 1872 bid, 401a asked;
Central of Georgia Railway second
preferred incomes, IL bid, IA asked
Central of Georgia Railway third
preferred incomes, 6 bid, 7 asked;
Georgia Railroad 6s, 1910 11S bid, ia asked
Charlotte, Columbia and Augusta first 5s
108 bid, 100 asked; Charlotte, Columbia and
Augusta second mortgage rs, 100 bid, I21
asked; Georgia Southern and Florida new
IS, 1031a hid, 104 asked; South Georgia ard
Florida first mortgage Is 102 bid, 1031b
asked; South Georgia and Florida second
mortgage rs, i02 bid, 1912 asked; Ocean
Steamship 5 per cent. bonds, 1926, 104 bid,
1O5 asked; City and Suburban Railroad
first mortgage per cent bonds, 101 bid 1O3
asked; Alabama Midland per cent. in
dorsed So bid, So asked; Brunswick ard
Western As, Y bid, rs asked; South
Bound Railway 5s, 6S bid, Y asked; Geor-
gia and Alabama first preferred 5s, 103 lid.
80 bid, 81 asked; Eatonton branch, SO bid,
90 asked Central of Georgia Middle
Georgia and Alabama division 5s 81 bid
81 asked.
Railroad Stocks-Augusta and savan-
nah 961z bid. 971A asked, ex-div.;
Southwestern, 9614 bid, sly asked ex-
div; Atlanta and West Point
stock, 106 bid, 1Q7 asked. ex-div.; Atlanta
and West Point per cent certificates, 103
bid, 104 asked, ex-interest Georgia COM
mon, 100 bid, 1872 asked; Savannah Con-
struction Company, Il bid. 70 asked.
Gas Stocl1s-Savannah Gas light stock,
22A bid, % asked; Electric Light and
Power Company 20 bid. Il asked, ex-
div.
Bank Stocks. Etc.-Citizens Bank, 10
bid, 11O1A asked, ex-div.; Chatham Bank,
4651 bid, 471z asked ex-div.;
asked, ex-div.; National Bank of
Savannah 125 bid, 1876 asked, ex-dv.; Mer-
chants National Bank, SO bid S415 asked,
ex-div.; Oglethorpe Savings and Trust Co,
104 bid, 105 asked ex-div.; Southern Bank
of the State of Georgia, 12a bid. 100 asked,
ex-div.: Savannah Bank and Trust Com
pany, 1O2 bid, JOB asked, ex-div.; Chatham
Real Estate and Improvement Company,
A. So bid, 551a asked; B, "a bid, SAX asked,
ex-div; Peoples Savings and Loan Com
pany, SO bid. 95 asked.
Factory Bonds.-Augusta Factory, l0i
pany, 6s. 100 bid, 1O2 asked.
Factory Stocks.-Augusta Factory, So
bid. rs asked: Graniteville Factory 145
lid 151 asked; Langley Factory, 100 bid,
1O1 asked; Enterprise Factory, common,
20 bid. "a asked; j. r.. King Manufacturing
Company, 100 bid, 101 asked; Sibley
Manufacturing Company, 70 bid 76 asked;
Savannah Brewing Company, 50 bid. 100
asked.
New York. Aug. Money on call was
steady al 1Ad2 per cent, the last loan
was at 1A per cent. Prime mercantile
paper 31all4 per cent. Sterling exchange,
steady. with actual business in bankers
bills at $4S5G4S514 for demand and at
81 S31i64. 49, for GO days. Posted rates,
S. S41BG4S5 and $4S664S6z. Com
mercial bills, $48204.S21a. Silver certih-
Gates. 5s1kd59Ac. Bar silver, s. 9-16c.
Mexican dollars 451sc. Government bonds,
were strong.
New York, Aug. 1.-The stock market
held firm to-day against several infu-
ences and showed greatly improved de-
mand in the later dealings. The supply
of American stocks left in the foreign ex-
changes has become so much reduced and
dealings in them are so Insignificant there
that little account was taken OF the fact
that London was closed to-day for its
bank holiday.
Railroad stocks in the early dealings
here continued 10 suffer from the neglect
which has recently made the market al
most stagnant. The bears availed them
selves of the quietude to make an ag
gressive attack, directing their efforts
chiefly against Brooklyn transit and Rub
Der preferred, because these stocks have
recently gone up sharply and there were
known to be heavy speculative commit
nents to the long side in them. There
was besides a disposition 70 take profits |
so that prices shaded off easily and I'M
covered stop loss orders. Peoples Gas |
was also subjected 10 vigorous attack |
and was sold down to IS. The specula- |
ton in Sugar was also very feverish, |