The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-07-24
FINANCIAL.
Monev-Markel sLeadv.

Money-Market steady.
Foreign EXchange-The market is
steady. The following are the net Savan-
nah quotations; Commercial demand,
$3.50; sixty days, SlSi; ninety DAYS.
$LS3H; francs, Paris and Havre. sixty
days, 5.213s; Swiss, sixty days, 5.2Ha;
marks sixty days. 945s
Domestic Exchanges banks are
buying a 1-lG per cent discount, and sell
ing as follows: Amounts up to $25, 10 cents;
$25 to so, Is cents; $50 to 800, 20 cents; 500
10 $3.50 p cents $3.50 to $3.50, lilo per cent.
premium, and $3.50 and over, 70 cents per
$1,000.
Securides-The market is fairly steady.
Stocks and Bonds--State Bonds-Geor-
gia 3l2 per cent. bonds of 1890 107 bid 1882
asked; Georgia 31s per cent, due 1915, 106
bid. 107 asked; Georgia Az per cent. bonds,
1915, ll612 bid. III asked; Georgia 4 per
cent. due 1920, 10 bid, III asked South
Carolina 412s, l09 bid, 110 asked
City Bonds-Atlanta per cent. 102 bid,
asked; Augusta 412s, 1926 105 bid LOG
asked; Augusta per cent, 10 bid, III
asked Augusta per cent, liz bid ll3
asked; Columbus 8 per cent. 1882 bid 1041k
asked; Macon per cent, lis bid JIG ask
ed; Macon 42s 1926, 1903 bid, 104 asked;
Savannah . per cent, quarterly October
coupons. 11115 bid, 112 asked; Savannah 5
per cent. quarterly August coupons, 111H
bid 1l2 asked; Charleston As, $50 bid, 96l5
asked.
Railroad BOnds-Savannah, Florida and
Western Railroad general mortgage bonds
Per cent. interest coupons, III bid, 11S
asked; Savannah, Florida and Western
first mortgage 8 per cent. gold bonds, due
1924, 1912 bid, 1872 asked; Central Railroad
and Banking Company collateral 5s 81
bid, % asked Central OF Georgia Rail-
road first mortgage 5s, 50-year gold bonds
116 bid, III asked; Central of Georgia Rail-
way first consolidated mortgage 5s, IS bid
50 asked Central OF Georgia Railway
FIRST preferred incomes, 80 bid, 40 asked:
Central OF Georgia Railway second
preferred incomes, 13 bid, IA asked;
Central of Georgia Railway third
preferred incomes, bid, asked;
Georgia Railroad Is, 1910, 113 bid. ia asked;
Charlotte, Columbia and Augusta first 5s
los bid, 1909 asked; Charlotte, Columbia and
Augusta second mortgage Is, 120 bid, ~
asked; Georgia Southern and Florida new
5s 103 bid 104 asked; South Georgia and
Florida first mortgage Is, 102 bid, 1872
asked: South Georgia and Florida second
mortgage Is f02 bid 1882 asked Ocean
Steamship per cent. bonds 1926, 1872 bid
1C4lb asked City and Suburban Railroad
first mortgage per cent. bonds 101 bid, 103
asked; Alabama Midland per cent an
dorsed, s. bid, SO asked; Brunswick ard
Western As, Y bid, rs asked; South
Bound Railway IS, 68 bid, Y asked; Geor-
gia and Alabama first preferred IS, 1903 hid,
l04 asked; Georgia ana RiaDdma cons. 5S.
80 bid 81 asked; EatontOn branch, 50 bid
80 asked; Central of Georgia Middle
Georgia and Atlantic division IS, so bid,
81 asked
Railroad stocks-Augusta and savan-
nah, 96 bid, 81 asked, ex-div;
Southwestern, IS bid, 81 asked, ex-
div; Atlanta and West Point
stock, Jos bid, 1O7 asked, ex-div.; Atlanta
and West Point 6 per cent. certificates, 100
bid l04 asked, eX-interesi; Georgia COM
mon, 100 bid, 1872 asked; Savannah Con-
struction Company, Il bid. 70 asked
Gas Stocks-Savannah Gas eight stock,
s213 bid, % asked; Electric Light and
Bank Stocks, Etc.-Citzens Bank, 10
bid, 11Ol9 asked, eX-div; Chatham Bank,
46Is bid, 4712 asked, ex-div. !;
Germania Bank, 11o]5 bid, 11142
asked. ex-dlv.; National Bank of
! Savannah 20 bid, 1876 asked, ex-div.; Mer-
chants National Bank SO bid. S415 asked,
| ex-div; Oglethorpe Savings and Trust Co.
! 1O4 bid Jos asked eX-diV.; Southern Bank
of the State of Georgia, 129 bid, 100 asked
ex-d,v.; Savannah Bank and Trust Com
| MANY 1902 bid 103 asked, ex-div.; Chatham
! Real Estate and Improvement Company.
| A, S. bid 55l2 asked; b, 81 bid. 5494 asked,
| ex-div.: Peoples Savings and Loan Com
! pany, SO bid, 95 asked.
Factory Bonds.--Augusta Factory 101
! bid. 1872 asked Sibley Manufacturing Com
pany. 6s. 100 bid 102 asked.
| Factory StOcks.-Augusta Factory, So
| bid Is asked Graniteville Factory, 1i5
| Lid, ID asked; Langley Factory, 100 bid.
! 101 asked Enterprise Factory, common
| 30 bid. "a asked; j. r. King Manufacturing
! COMPANY 100 bid, 101 asked; Sibley
! Manufacturing Company, 10 bid, Is asked;
! Savannah Brewing Company, 50 bid. 100
asked.
New York. July 23.-Money on call was
steady at fdl% per cent; the last loan
| was at ~ per cent Prime mercantile pa
| Der 3%G4 per cent. Sterling exchange,
| steady. with actual business in bankers
! bills at S4S5AGAS512 for demand and at
! "a S404S41l for 60 days. Posted rates $4.85
and S4s61a. Commercial bills, A.S3A. Sill
| yer certificates. 5Ssi M59c. Bar silver, 5924c.
Mexican dollars, 45&lc. Government bonds
| We're irregular.
New York. July 23.-The weekly bank
! statement shows the following changes:
surplus reserve, decrease, $6,353,S25; loans,
! decrease SA9GLGj0; specie. decrease, So
| 1249-9: Legal tenders, decrease $l343 500;
deposits decrease, $l64515o0; circulation,
/ decrease S104 900. The banks now hold
! $500 900 in excess Of the requirements Of
| the % per cent. rule.
New York July 25.-The dizziness Of the
stock market was not removed in the
! closing hours of the week, though there
were one or two incidents of interest in
| to-day's trading. one was the buying for
London account This wcs not large or
Influential. and was pretty well disuio-
uted through The International list Later
the local traders took The market away
from the fore gHers and bid up the prices
OF che Pacific railroad SOCKS.
The buying by London ia face OF the
downward tendency of sterling exchange,
which l. already Within measurable dis
! GOLD