The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-02-03
FINANCIAL.
Nfnner-Nfarket steady.

Foreign Exchange - The market is
steady. The following are ret Savannah
quotations: Commercial demand S4S4la:
sixty days. SiS2; ninety days, S4S0s4;
francs Paris and Havre. sixty days, 5,2314
Swiss, sixty days 5.25; marks, sixty
days "a 3-16.
Domestic Exchange-Steady; banks are
buying at par and selling as fol-
s25 to so, 15c premium $50 to 500, zoe pre-
MUM; 5000 to 81. 600. Is per cent. premium;
81, 90 and over, 81 per $1,000.
Securities-Quiet and steady; fair invest
ment demand.
Stocks and Bonds-State Bonds-Georgia
SO per cent bonds of 1880, l06 bid, les
asked; Georgia 81 per cent. due 1915, los
bid l07 asked Georgia AZ per cent bonds
1915, 116 bid, III asked Georgia per
cent, due 1926 10 bid. 112 asked: South
Carolina 4l1s. los bid. lOs asked.
City Bonds-Atanta per cent, 103 bid
104 asked; Augusta 41as 1925 1884, bid, 1O4
asked; Augusta per cent, 100 bid, 1o7
asked; Augusta per cent, 107 bid los ask
ed; Columbus per cent, 1031z bid, 1851
asked: Macon 6 per cent. 1151A bid. III ask
ed: Macons 412s, 1926. 1C4 bid, 1O5 asked Sa-
vannah per cent, quarterly April cou-
pons. 110l4 bid. ION asked; Savannah 5 per
cent, quarterly May coupons, 11014
bid 110S4 asked; Charleston As SO bid. %
asked
Railroad Bonds-Savannah Florida and
w eStern IdllOdu general mortgage bonds,
6 per cent. interest coupons. III bid, 11S
asked; Savannah, Florida and Western
first mortgage, 5 per cent. gold bonds, due
1924 1O8 bid, 100 asked; Augusta Southern
first So 1924, - bid, 81 asked: Central Rail-
road and Banking Company collateral 5s
9l1s bid. 80 asked; Central of Georgia Rail-
way, first mortgage 5s, 50-year gold bonds.
lis bid, 1l9 asked Central of Georgia Rail-
way first consolidated mortgage IS. 911b bid
92lA asked Central of Georgia Railway first
trail of Georgia Railway second preferred
incomes, IA bid, Is asked Central of
Georgia Railway third preferred incomes
Z bid, "a asked; Georgia Railroad SIS. 1910
113 bid, 11415 asked; Charlotte, Columbia
and Augusta first 5s, ITO bid Ill asked.
Charlotte. Columbia and Augusta second
mortgage Is, 11S bid, 40 asked; Georgia
Southern and Florida new 5s 1O1 bid: 1O2
asked; South Georgia and Florida first
mortgage U.s. 1924 bid, 1887 asked South
Georgia and Florida second mortgage Is,
l03 bid, l05 asked; Ocean Steamship per
cent. bonds. 1926. 1851 bid, 1861 asked: City
& Suburban Railroad first mortgage Z DER
cent. bonds. "a bid, asked; Alabama
Midland per cent Endorsed, 80 bid 81
asked; Brunswick and Western As. rs bid
7712 asked; South Bound Railway 5s, 70 bid
rs asked; Georgia and Alabama first pre-
ferred 5s. 102 bid 1903 asked; Georgia and
Alabama cons, IS, 81 bid, SO asked; Eaton
ton Branch, 81 bid. 1914 asked: Central of
Georgia Middle Georgia and Atlantic Di-
vision IS, S115 bid, IS asked.
Railroad Stocks-Augusta and Savannah
931a bid, 941s asked Georgia common, 17s
bid, 1870 asked; Southwestern, SO bid. "a
asked; Atlanta and West Point stock, 1011b
bid, 102 asked; Atlanta and West Point 6
per cent. certificates. 1914 bid. 1924 asked;
| Savannah Construction Company, IS bid
| rs asked.
Gas stocks-Savannah Gas Light stock.
| % bid, "a asked; Electric Light
| and Power Company. 70 bid II asked.
Bank Stocks, Etc.-Citizens Bank, ITO
| bid, 110a asked; Chatham Bank.
4S bid. 4S1s asked; Germania Bank, 1903
bid, 1o9 asked; National Bank of Savan-
| nah 125 bid, 126 asked; Merchants National
| Bank, 81 bid, IS asked; Oglethorpe Saw
ings and Trust Company. 1N bid, 1O5
! asked; Southern Bank of the State Of
vannah Bank and Trust Company, 1902
| bid 1921 asked; Chatham Real Estate and
Improvement Company, A, IS bid, Sc
asked; B, 54la bid, So asked; Peoples Saw
ings and Loan Company, 9S bid 80 asked
| Factory Bonds-Augusta Factory 6s, 10l
| bid, 1902 asked Enterprise Factory 6s, 100
| bid, 101 asked; Eagle and Phoenix Manu-
featuring Company per cent. bonds, -
bid, 40 asked; Sibley Manufacturing Com
! pany IS, 101 bid, 102 asked.
| Factory Stocks-Augusta Factory 50
bid, SO asked; Graniteville Factory. 145 bid,
ISL asked; Langley Factory. 10i bid, 1854
asked; Enterprise Factory common SO
bid, 96 asked; ]. r. King Manufacturing
| Company, 104 bid 105 asked; Sibley Manu-
| featuring Company, 20 bid, rs asked; Sa-
vannah Brewing Company, SO bid 95 ask
| ed.
New York Feb. 2.-Money on call was
easy at 1hd1& per cent; the last loan was
at 1% per cent. Prime mercantile paper.
Sd4 per cent. Sterling exchange strong
with actual business in bankers bills at
| A.S43sQ+S5 for demand. Posted rates, 81. S3tk
| @4S6 Commercial bills, AS2 Silver GER
tiicates, 56A@5714c. Bar silver, 56ssc
Mexican dollars, 4514c. Government bonds
were irregular. State bonds were dull
Railroads bonds firm.
Washington, Feb. 2-To-day's statement
of the available cash balances: $223, 712-
SIS; gold reserve. $164, 3S2, 746
New York, Feb. 1.-The Evening Posts
! London financial cablegram says: 1.-THE
| stock markets here We're quiet and irreg-
ular to-day, politics being the prime fac
tor. Americans were irregular Ontario
and Western was naturally the feature.
Central Pacifcs were bid for here at the
close. Interest in Americans is spreading
and barring politics the feeling has a
strong future"
New York. Feb. 2.-The stock market
was under liquidatlng pressure to-day, but
the strength of some special stocks and
manipulated advances of others made the
numerous halts i'm the liquidation during
the day, and partly successful attempts to
achieve rallies, so that the day was one of
constant changes, some stocks mounting
upward strongly. while the market was
tending downward.
There was every evidence of continued
heavy selling to take profits in some of
the most prominent favorites in the re-
cent speculation, notably Northern IA
cifc, Union Pacific and the Vanderbilts.
Quite large element of the professional
traders sold the market with a good deal
of vigor and confidence. Nevertheless. Of
ferings were pretty well absorbed. and
most of the net losses of the day are con-
fined TO fractions The early transactions
showed positive strength under a eombi-
nation Of influences. Among these was
considerable bying from London. There
was quite a large volume of buying orders
from commission houses also during the
day. The new securities of the Union Pa
cidc Company in the unlisted department
} OF the exchange advanced with something
, of rush over the opening price and i'm
, parted strength to the whole market
Baltimore and OHIO advanced 1ls over