The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-02-18
FINANCIAL.
Money-Market steady.

! Money-Market steady.
Foreign Exchange--The market Is
! steady The following are the net Savan-
nah quotations: Commercial demand.
! 81 .S4ls; sixty days sS4.S2l4; ninety days, S4Sl
| francs, Paris and Iavre, sixty days.
SIS; Swiss, sixty days. 5.25Ii; marks
sixty days, "a 5-16.
! Domestic EXchange-Steady; banks are
| buying at par and selling as follows: Up
! to SIS. 10c premium; $25 to $50. 15c premium;
! $50 to $780, zoe premium; 500 to 81 coo 4
| per cent. premium: $1,000 and over, 81 per
| $1,000.
| securites-Inactive and very dull
Stocks and Bonds.-State Bonds-Geor-
| gia 49, per cent. bonds of 1890 1O7 bid. -
! asked; Georgia Sla per cent, due 1915. 1O6
| bid - ASKED: Georgia Az per cent bonds.
| 1915 III bid, 11S asked; Georgia per cent
| due 1926 liz bid, asked; South Carolina
AVS, los bid, 109 asked.
City Bonds-Atlanta per cent, 1903 bid
! - asked; Augusta 4iks, ls4o, 102 bid. 1Ol
asked; Augusta per cent, 1O5 bid, 1Os
| asked Augusta 6 per cent, 1917 bid 1Os
| asked; Columbus per cent, 1887 bid ,05i6
| asked; Macon per cent, 115 bid, III ask
| ed; Macon 41as, 1926, 1903 bid, 105 asked; Sa-
| vannah 5 per cent. quarterly April cou-
| pons 1l0ih bid 111A asked; Savannah 8 Der
| cent, quarterly May coupons 10 bid
| 1lO9s asked; Charleston As, % bid, 80 asked
| Railroad Bonds-Savannah, Florida and
i Western KatlfOa0 general mortgage bonds.
6 per cent. interest coupons, III bid 1lg
asked; Savannah, Florida and Western
first mortgage 5 per cent. gold bonds, due
1924 10Sls bid 1924 asked; Cen
trail Railroad and Banking Company col
lateral 5s. 81 bid, 91is asked; Central Of
Georgia Railway first mortgage 5s, So
year gold bonds, 1lS bid, 119 asked Central
of Georgia Railway first consolidated
mortgage So, 911a bid 92h asked; Central
of Georgia Railway first preferred incomes,
4215 bid 43 asked; Central of Georgia Rail-
way second preferred incomes, IA bid
141A asked Central of Georgia Railway
third preferred incomes, 7ls bid. Si5 asked;
Georgia Railroad SIS. 1910, ia bid us asked;
Charlotte, Columbia and Augusta first 5s,
ITO bid, III asked; Charlotte, Columbia and
Augusta second mortgage rs, lis bid, 100
asked; Georgia Southern and Florida new
5s, 1927 bid, 103la asked South Georgia and
Florida first mortgage rs, 1929 bid, 1885,
asked; South Georgia and Florida second
mortgage 7s, 1903 bid, 105 asked; Ocean
Steamship . per cent. bonds, 1926, 1854 bid,
1861 asked; City and Suburban Railroad
first mortgage per cent bonds "a bid,
asked; Alabama Midland 8 per cent. in
dorsed, 90 bid. 81 asked; Brunswick and
Western As, rs bid, TN asked; South
Bound Railway IS, 7415 bid 75h asked;
Georgia and Alabama first preferred IS,
10S bid, 104 asked Georgia and Alabama
cons. IS, SO bid, SO asked; Eatonton
Branch, 81 bid, s9A asked; Central OF
Georgia, Middle Georgia and Atlantic Di-
vision 5s. 80 bid, s31a asked.
Railroad Stocks-Augusta and Savannah,
81 bid So asked; Georgia, common; $50 bid,
1888 asked; Southwestern, 93N bid 94A
asked; Atlanta and West Point stock, 10llh
bid, 1903 asked; Atlanta and West Point
per cent. certificates, 1914 bid. 1903 asked;
Savannah Construction Company, 80 bid,
50 asked.
Gas Stocks-Savannah Gas Light stock
% bid, % asked; Electric Light and Power
Company rs bid, n asked
Bank Stocks, Etc-Citizens Bank ITO
bid 11O15 asked; Chatham Bank,
As bid, 40 asked; Germania Bank, 1OS
bid, 100 asked; National Bank of savan-
man, 125 bid, 1926 asked; Merchants National
Bank 81 bid, S7@ asked; Oglethorpe Saw
ings and Trust Company, 1O5 bid, 106
asked: Southern Bank of the State Of
Georgia, bid, 1879 asked: Sa-
vannah Bank and Trust Company, l02
bid, 1O21s asked; Chatham Real Estate and
Improvement Company, A, SIS bid So
asked; B, 5419 bid So asked; Peoples Saw
ings and Loan Company 9S bid, SO asked
Factory Bonds-Augusta Factory, 50
bid, "a asked; Graniteville Factory, 145 bid,
l0l asked Eagle and Phoenix Manu-
featuring Company, 5 per cent. bonds, -
bid, 40 asked; Sibey Manufacturing Com
pany IS, 101 bid, 102 asked
Factory Stocks-Augusta Factory, 80
bid, SO asked: Granitcvlle Factory, AS bid,
Isl asked; Langley Factory, 10 bid, 105A
asked; Enterprise Factory, common SO
bid, SO asked J. r. King Manufacturing
Company, 104 bid, 105 asked; Sibley Manu-
featuring Company 70 bid. 76 asked Sa-
vannah Brewing Company, IS bid, 81 ask
ed.
New York, Feb. 17.-Money on call was
tba or
at IA per cent Prime mercantile paper |
3ll4 per cent. Sterling exchange dun and |
steady with actual business in bankers |
bills at 81 S5AQJ4. S51a for demand and at |
S4.S3li4 1914 for sixty days. Posted rates, |
S4A and SISSY; commercial bills, A.s2. |
Silver certificates, 55AG56l4c. Bar silver |
Sc. Mexican dollars 45c Government |
bonds were weak. State bonds were dull. |
Railroad bonds were firm.
New York, Feb. 1.-THE Evening Posts
London financial cablegram, says: 1.-THE
stock markets were staguant to-day ex-
cept for Americans, which are still most |
uncertain. They opened animated and |
well above the parity of the buying orders |
from New York, from The continent and |
the provinces. Then arbitrage houses sold, |
New York supplying the stock at narrow |
margins. The tone then weakened and |
the close was a fraction above the lowest
The future of Americans turns on poll
tics, other factors being favorable"
New York Feb. 1.-THE most important |
fact in connection with to-days stock |
market was that the heavy liquidation OF |
yesterday was not resumed. There was
aggressive pressure by the bears at times, |
but they refraned from leaving their con-
tracts Open and their covering before the
close brought prices back to near the high |
level Of the day. Net gains resulted. frac-
tional for the most part, but extending
TO point In some cases.
Quotations received from London show
ed that prices Of Americans there we're
substantially above the closing prices hcre,
but that simply meant that declines from
yesterdays London closing had not fully
reached yesterday afternoons heavy de-
clines here, after the London exchange had
closed
The buying In London. which served to
sustain prices, was on cabled orders from
New York, and represented the covering
of shorts put out in this market The
opening was at or above the London par
ity, but prices yielded Immediately after
the opening on liquidations from commits
sion houses Support was forthcoming be-