The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-04-22
FINANCIAL.

steady The following are the net Savan-
nah quotations. Commercial demand.
"a. SOS; sixty days, s4.7S%; ninety days,
"a M: francs, Paris and Havre, sixty
davs. s.. IN; Swiss. sixty days. IS. 20;
marks. sixty days, 1885.
Domestic Exchange-Steady; banks are
buving at Lie per cent. discount and SELL
ing as follows: Up to 49, Zoe premium; SOS
10 $50 l5c premium; $50 TO 500, zoe pre-
MUM: $500 so 81 600. 65c premium; Si.OG0
and over, lie per cent. premium.
Securities-Our market is dun and NOM
inal
Stocks and Bonds-State Bonds-Geor-
eia 3lb per cent. bonds of 1880, lO7 bid, 70Sh
asked; Georgia 3jA per cent due 1915 105
bid. - asked; Georgia AZ per cent. bonds
1915. lis bid, 1l7l2 asked; Georgia 4 ner
cent. due 1926 III bid, asked; South
Carolina 412s lO9 bid 10 asked.
City Bonds-Atianta per cent. 103 hid
- asked: Augusta 41as. 1926, los bid. 1Os
asked: Augusta per cent, 10 bid hi
asked Augusta per cent, l12 bid. ia
asked Columbus per cent, 1882 bid. 1o4IL
asked: Macon 6 per cent, ia bid 116 ash
ed: Macon AIS, 1926. 1OS bid. 1O5 asked; sa-
vannah 3 per cent, quarterly July con-
pons, 10 bid. 110A asked; Savannah s z
rer cent, quarterly May coupons. 10 hid
i1015 asked; Charleston As, 93la bid, 9lI5
asked.
Railroad Bonds-Savannah, Florida and
western Railroad general mortgage bonds
per cent. interest coupons. ia bid. 11s
asked: Savannah, Florida and Western
first mortgage per cent gold bonds due
1924, 105 bid, 107 asked; Central Railroad
and Banking Company collateral IS. S5
bid Sc asked; Central of Georgia Rail-
road first mortgage 5s, 5O-year gold bonds.
ia bid, lie asked; Central of Georgia Rail-
way first consolidated mortgage 5s, So bid.
81 asked; Central of Georgia Railway first
preferred incomes, 81 bid, 3S asked; Cen.
trial of Georgia Railway second preferred.
incomes, 1919 bid. 10 asked Cen
trail of Georgia Railway third
preferred incomes. bid II asked:
Georgia Railroad IS. 1910, 112 bid, ia asked;
Charlotte, Columbia and Augusta first 5s,
10e bid, 107 asked; Charlotte, Columbia and
Augusta second mortgage Is 115 bid, ff6
asked; Georgia Southern and Florida ne%
5s, 90 bid, 100 asked; South Georgia ana
Florida first mortgage IS 1O21a bid, 1884
asked; South Georgia and Florida second
mortgage Is, 103 bid, 104 asked: Ocean
Steamship per cent bonds 1926 1O4 bid
LOG asked: City and Suburban Railroad
first mortgage per cent. bonds 100 bid, 1903
asked; Alabama Midland per cent. in
dorsed, "a bid. IS asked Brunswick and
Western As, 70 bid, 70 asked; South
Bound Railway IS, 70 bid rs asked; Geor-
gia and Alabama first preferred S. 10l bid,
103 asked; Georgia and Alabama cons. IS,
81 bid, SO asked; Eatonton Branch, IS bid,
S71z asked; Central of Georgia, Middle
Georgia and Atlantic division 5s, Is bid, IS
asked.
Railroad Stocks-Augusta and Savan-
nah, 81 bid 9215 asked; Georgia common,
TO bid $50 asked: Southwestern, 9015 bid,
91lk asked Atlanta and West Point stock,
1881 bid, 10415 asked; Atlanta and West
Point 6 per cent. certificates, 1913 bid, l04
GA bid 66 asked.
Gas Stocks-Savannah Gas Light stock,
201a bid. 211a asked; Electric Light and
Power Company, "A bid, 1875 asked
Bank Stocks Etc.-Citizens Bank, 1Oe
bid, 10 asked; Chatham Bank, As bid, 40
asked; Germania Bank, 1903 bid, 40 asked ;
National Bank of Savannah. 125 bid, 12e
asked; Merchants National Bank, "a bid.
So asked; Oglethorpe Savings and Trust
Company, 105ab 106 asked; Southern
Bank of the State of Georgia, - bid, 1875
asked; Savannah Bank and Trust Compa-
ny, 1011S bid, 10215 asked; Chatham Real
Estate and Improvement Company, A, 50
bid, Sc asked; B, 541a bid. So asked; Peoples
Savings and Loan Company, 50 bid, 81 ask
ed.
Factory Bonds-Augusta Factory. 1ol
bid, l02 asked; Eagle and Phoenix Manu-
featuring Company, per cent. bonds, u
bid, 40 asked; Sibley Manufacturing Com
pany, S. 100 bid, 102 asked.
Factory Stocks-Augusta Factory, IS
bid, rs asked; Graniteville Factory. 14i
bid, ISL asked; Langley Factory 101 bid
1O4 asked; Enterprise Factory. common
| SO bid, 96 asked; j. r. King Manufactur-
ing Company, 1O4 bid, 105 asked; Sibley
Manufacturing Company 20 bid rs asked
! Savannah. Brewing Company, 90 bid. ..
| asked.
New York. April H.-Money on call was
! at 2GI212 per cent; the last loan was at
| per cent. Prime mercantile paper, 51s1t
per cent Sterling exchange firm with
actual business in bankers bills at 81. SSlk@
| 4Ss% for demand. and at $47ss4 for sixty
days Posted rates, $4SOl1Q4.s1 and 81 $40
\ 4S4l5. Commercial bills, S4.79. Silver
certificates, 55S4056isc. Bar silver, soc
Mexican dollars. 45hc Government bond,
| were weak State bonds were dull. Rail
road bonds were weak
New York, April 21.-The Evening Posts
London financial cablegram says: after
a temporary rally on no change in The
| Bank of England discount rate, the STOCK
markets here closed dull to-day. Spanish
| As closed at the lowest, 31K. American:
were fiat, but above the New York parity
| 1t Is noticeable that New York is no lone
err absorbing stocks freely. Gold is still
arriving from Germany. and 1t is expected
| that at least IL 100000 more is TO come"
| >
| parently convinced the conservative ele
meut in the Stock Exchange that war>i
TO be a fact and demonstrated that thu
liquidation incident TO war had by nC
means been completed.
Early in the day New York held abov,
the London parity and there were occa
sional rallies, even after the receipt of IN,
news that Gen. Woodford had been givet
his passports, but reports from the cabl
net meeting at Washington indicating pre-
parations for an immediate forward move
ment of the armed forces of the UniteS
States. showink that war already prac
tcally existed, caused selling.
The brokers on the floor of the exchang,
manifested considerable enthusiasm, anC
the rostrum was handsomely draped VIII
American flags, but they continued TO sci
stocks. There was no rally in the ina
dealings, the market continuing active anC
weak and closing at the lowest During
the early part of the day selling for for
eign account was large. aud offerings wer,
we'll absorbed
Call loans continued TO be made on IN,
local Stock Exchange, as low as 2 per cent
! Foreign demand for cotton and bread
stuffs continues very keen. and is makinl
exchange ali che time. This demand /,
based on the expectation that supplies ma,