The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-08-26
FINANCIAL.
Money-Market steady.

Money-Market steady
Foreign Exchange-The market Is
easy. The following are the net Savan-
nah quotations: Commercial demand
&.S4%; sixty days 81. 49, ninety days,
4.S23s; francs, Paris and Havre, sixty
days, 5.23A; Swiss, sixty days, 5. % marks,
sixty days, 94A.
Domestic EXchange-Steady; banks are
buying at 1-16 per cent discount, and sell
ing as follows: Amounts up TO $25, 10 cents;
S25 TO $50, 10 cents; $50 to 500, 20 cents 800
to $3.50, % cents; $3.50 to $50, Ito per cent.
premium, and $3.50 and over, rs cents per
81 900.
Securlties-The market Is fairly active;
but offerings are light. Georgia state and
Savannah City Bonds are hardly Oh
tainable.
Stocks and Bonds-state Bonds-Geor-
gia 31A per cent. bonds of 1880, 1O7 bid, 1882
asked; Georgia 31a per cent. due 1915, 104
bid 106 asked; Georgia AZ per cent. bonds,
1915, III bid, 11S asked; Georgia per
cent, due 1920, 113 bid, ia asked; South
Carolina AIS, 10 bid, Ill asked.
City Bonds-Atlanta, AZ per cent 1923, 1O6
bid, - asked; Augusta 412s, 1925, 1O7 bid, 1903
asked; Augusta z per cent, 10 bid, Ill
asked; Augusta per cent, Ill bid, 113
asked; Columbus 5 per cent, 105 bid LOG
asked; Macon 6 per cent, lis bid 116 ask
ed Macon 41as, 1926, 1041a bid, 1852 asked;
savannah per Cttll.s quarterly OClODeI
coupons, Ill bid, liz asked; Savannah 5
per cent. quarterly November coupons,
110A bid, Ill asked; Charleston As, 81
bid 90 asked.
Railroad Bonds-Savannah, Florida and
Western Railroad general mortgage bonds,
6 per cent. interest coupons, 11S bid, 119
asked: Savannah, Florida and Western
first mortgage per cent gold bonds, due
1924 1041a bid, JOG asked; Central Railroad
and Banking Company collateral S. 81
bid 80 asked; Central of Georgia Rail-
road first mortgage IS, 50-year gold bonds,
11715 bid, 119 asked Central of Georgia Rail
way first consolidated mortgage 5s, 90 bid,
81 asked; Central of Georgia Railway,
first preferred incomes, AZ bid, 40 asked;
Central of Georgia Railway, second pre-
ferred incomes, 1872 bid, 1415 asked;
Central of Georgia Railway third
preferred incomes, bid, 6l@ asked;
Georgia Railroad 6s, 1910 113 bid ia asked;
Charlotte, Columbia and Augusta first IS,
1O5 bid 1O6 asked Charlotte, Columbia and
Augusta second mortgage rs, 11S bid 120
asked; Georgia Southern and Florida new
IS. 1852 bid. 1862 asked; South Georgia and
Florida first mortgage Is, 1921 bid 1891
asked; South Georgia and Florida second
mortgage rs, 1922 bid, 1882 asked; Ocean
Steamship per cent, bonds, 1926, 1903 bid.
1O5 asked; City and Suburban Railroad
first mortgage 6 per cent. bonds, bid,
1902 asked; Alabama Midland 5 per cent, in
dorsed 80 bid, 81 asked; brunswick and
Western As p bid. rs asked; South
Bound Railway IS. IS bid, 70 asked; Geor-
eia and Alabama first preferred 5s, 103 bid,
104 asked; Georgia and Alabama cons. IS,
90 bid 81 asked Eatonton branch, 30 bid,
% asked: Central of Georgia, Middle Geor-
ella and Atlantic division 5s, 8l1a bid, So
asked.
nah. 971a bid, 9S1a asked; Southwestern, SO
bid. 80 asked; Atlanta and West Point
stock, 1O6 bid, 107 asked; Atlanta and West
Point per cent. certificates, 1903 bid, 104
asked; Georgia common, 1872 bid 1893 asked;
Savannah Construction Company, so bid,
81 asked
Gas stocks-savannah Gas Light stock,
22h bid % asked: Electric Light and
Power Company. Il BID, 1212 asked.
Bank Stocks Etc.-Citizens Bank, 110A
bid III asked; Chatham Bank. AZ bid, 48
asked; Germania Bank, 110la bid, 111h
asked; National Bank of Savannah, 1875
bid l26 asked; Merchants National Bank.
SO bid, SAY asked; Oglethorpe Savings
and Trust Company, 104 bid, 105 asked;
Southern Bank of the State Of Georgia,
1870 bid. 1871 asked: Savannah Bank and
Trust Company 102 bid, 103 asked Chat
ham Real Estate and improvement Com
many. A. 55lb bid, Sc asked; 3, 541R bid, 50
asked; Peoples Savings and Loan Compa-
nv. SO bid, IS asked.
Factory Bonds-Augusta Factory, l05
bid lO6 asked; Sibley Manufacturing Com
many. 6s. 100 bid, 102 asked.
Factory Stocks-AugEsta Factory, So bid
e5 asked; Graniteville Factory, 40 bid, 145
asked: Langley Factory, 100 bid. 101 ask
ed; Enterprise Factory, common. 80 bid,
"a asked; ]. r. King Manufacturing Com
panv. 100 bid l0l asked; Sibley Manufac-
turing Company, 70 bid, rs asked; Savan-
nah Brewing Company 95 bid. 100 asked
New York, Aug. 25.-Money on call was
firm at 11bG13 per cent, the last loan was
at 90 per cent; prime mercantile paper,
31hG4Ib. Sterling exchange heavy with act
ual business in bankers bills al "a S5d
s5h for demand and at 81. S41aN4. s44 for
sixty DAYS: posted rates, 81 4%< "A IS and
4 ssi5. Silver certificates 59hd593ic bar
silver. 6OAc. Mexican dollars, 46i2c. Gov
eminent bonds firm; state bonds duh;
railroad bonds irregular.
New York, Aug 25.-The close OF the
stock to-day gave every indication of re-
uewed absorption on large scale by a
powerful speculative interest, who count
on an additional rise in prices. The buy
ing an the last hour followed a period of
extreme dulnoss, during which the mar
ket was left TO Itself. The tone Of tie
trading ln the earlier part Of the 1av
ehowed that there was a considerable
outside element disposed 10 take profits
But a. was also evident that the pressure
az ibis liquidIuon was not severe and
chat tne offerings OF stock WAS not m
creased at the low level Of prices. on
.t.