The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-06-22
FINANCIAL.
Money-Market sleady.

FINANCIAL.
Money-Market steady.
Foreign Exchange The market is
steady. The following are the net Savan-
nah quotations: Commercial, demand.
S4.S5; sixty days, %.SSA; ninety DAYS,
&.S29s; francs, Paris and Havre, sixty
days, 523A Swiss, sixty days, 5.26; marks.
sixty days, "a 7-16
Domestic Exchange Steady; banks are
buying at lie per cent. discount and sell
ing as follows: Up to $25, 10c premium; S25
to $50, 15c premium; $50 to 500, zoe prem
ium; $500 to $1,000, Csc premium; $1,000 and
over, 1-16 per cent. premium.
SecuriHes-Market is inclined to be dull;
state bonds are scarce, city bonds are ad-
vancing,
Stocks and Bonds-state Bonds-Geor-
ga 31a per cent. bonds of $780, 107 bid 1887
asked; Georgia 3I2 per cent, due 1915. 1O5
bid 1O7 asked; Georgia Az per cent bonds,
1915, III bid, 1iS asked; Georgia per
cent, due 1926. 112 bid, 115 asked; South
Carolina 412s, 10 bid, 112 asked.
City Bonds-Atianta per cent, 102 bid,
- asked Augusta 41bs 1925, lO5 bid los
asked; Augusta Z pei cent 10 bid, Ill
| asked; Augusta 6 per cent, 112 bid, 113
asked; Columbus PER cent, 103h bid, 10415
asked; Macon per cent, lie bid, III ask
ed; Macon 415s, 1926, 10i1a bid, 1O5 asked;
Savannah 5 per cent, quarterly July cou-
pons, 11OA bid, Ill asked Savannah
bid, 1101a asked; Charleston As, 50 bid, Sc
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 per cent. gold bonds, due
| 1924, 105 bid, JOG asked Central Railroad
| and Banking Company collateral IS, 81
| bid SO asked; Central of Georgia Rail-
| road first mortgage IS. 50-year gold bonds,
| 116 bid, III asked Central of Georgia Rail-
| way first consolidated mortgage S. SO bid
| 80 asked; Central of Georgia Railway first
preferred incomes 4015 bid, Az asked; Cen
trail of Georgia Railway second preferred.
| incomes, % bid, 141a asked Cen
trail of Georgia Railway third
| preferred incomes, S bid, asked:
| Georgia Railroad 6s, 1910, 112 bid, ia asked;
| Charlotte, Columbia and Augusta first IS,
1O7 bid 10S asked; Charlotte, Columbia and
Augusta second mortgage Is, 115 bid, 116
asked Georgia Southern and Florida new
| SIS, 1O5 bid, 106 asked; South Georgia and
Florida first mortgage Is, 10l bid, 1O2
! asked; South Georgia and Florida Second
mortgage Is, 1O1 bid, 102 asked; Ocean
Steamship per cent bonds, 1926. 14 bid.
100 asked; City and Suburban Railroad
! first mortgage 6 per cent. bonds 80 bid, 101
! asked; Alabama Midland per cent. in
dorsed, So bid, SO asked; Brunswick and
! Western IS, Y bid Is asked; South
/
| GA and Alabama first preferred IS, 1O3 bid.
| 104 asked; Georgia and Alabama cons. 5s,
| So bid SO asked; Eatonton Branch, 81 bid
IS asked; Central of Georgia, Middle
Georgia and Atlantic division IS, 70 bid. 81
asked.
Railroad Stocks-Augusta and Savar-
nah, 9515 bid Sc asked; Southwestern, 80
| bid 81 asked; eX-div. Atlanta and West
| Point stock, les bid, 106 asked; Atlanta and
West Point per cent. certificates 10O1A bid,
! 1919 asked; eX-interest; Georgia common,
| 176 bid, 1872 asked; Savannah Construction
! Company &c bid, 10 asked.
Gas Stocks-Savannah Gas Light stock
% bid, 1872 asked; Electric Light and
Power Company, z bid, Is asked, ex-inter-
! est.
Bank Stocks, Etc.-Citizens Bank, 100
bid 1O91k asked, ex-div; Chatham Bank At
11O% bid 1l2 asked; National Bank,
of Savannah, 126 bid, 127 asked;
! Merchants National Bank, 81 bid,
IS asked; Oglethorpe Savings and
Trust Co, 1O5 bid. LOG asked Southern
Bank of the State of Georgia. 1870 bid. 1875
asked; Savannah Bank and Trust Compa-
ny, 1O3 bid. 1882 asked; Chat
ham Real Estate and Improvement Com
pany. A, 1914 bid, Sc asked; b, 5434 bid, 55A
| asked; Peoples Saving and Loan Compa-
NY, 95 bid Sc asked.
FACTORY Bonds - Augusta Factory, 1C1
! BID lOZ dSKeQ5 bd5sSe dAsN I-itilaA MANU-
featuring Company per cent bonds -
bid 40 asked; Sibley Manufacturing CON-
pany, IS. 100 bid, 102 asked.
Factory Stocks - Augusta Factory, 6S
| bid 70 asked Granitevlle Factory, las
! bid ISL asked; Langley Factory, 100 bid,
! 1O1 asked; Enterprise Factory, common,
90 bid. "a asked ]. r. King Manufactul
ing Company. 100 bid, 101 asked; Sibiey
Manufacturing Company, 70 bid, 76 asked;
Savannah Brewing Company, 81 bid, 70
] asked.
! easy at 1d1lb per cent; the last loan was
! at IL per cent Prime mercantile paper,
! 3166i4 per cent Sterling exchange weak,
| with actual business in bankers bills at
| 81 s5A6I4 $50 for demand, and at ASS129
| 81 s3N for sixty days. Posted rates 1880
! s615, Commercial bills, $4.S3. Silver GER
! tifcates. 5s15d59c. Bar silver, 5S94c. Mexi-
! can dollars. 451ac. Government bonds
were firm; state bonds were dull; railroad
| bonds were Irregular.
New York. June 21.-The stock market
! to-day gave renewed evidence OF a general
| disnosition among important financial in
! terests to restrict confident operations I'M
| IN developnents in the war situation, more
| stability 20 the grain market and clearer
| perception to the future Of the money
/ market materializes Apprehension re-
| garding the latter factor, involving as II
! does the floating of the new government
| iOan has ueSH ldisri9 t'09'PANeH ~ -
| enormous over-subscrption TO this issue.
! and the excessive ease 70 recent rates IN
the money market.
The general temper of speculation to-day
| was hes;tating during the greater part
of the forenoon. owing TO the vigorous ef-
| FORTS of the bears to precipit9te weakness
4 in The general market by concentrating
| their efforts against the high-priced spe-
| clalities. with view OF disiodging long
| stocs These efforts were rewarded hy
| e,,bstantinl declines IN Sugar, Peoples
Gas and Metropolitan street Railway. The
l Granger group yielded sympathetiealy