The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-01-15
FINANCIAL.
Money-Market steady.

MOney-Market STEADY.
The bank clearings for the past week
we're 81 1853 Isl .26, against $3021 461 3s for thC
same week last year and $3,26l,Ol9-55 FOL
the same week in 1896.
Foreign Exchange The market Is
easier. The following are net Savannah
quotations. Commercial demand, &.Si1s
sixty days, $4.S1s; ninety days, $.@esi
francs, Paris and Havre sixty days, 5.2Sh
Swiss, sixty days, 5.26Ss; marks, sixty
days, 94A.
Domestic Exchange-Steady; banks are
buying at u per cent, discount and sell
ing as follows: Up to $25, 10c premium
500 to $50. 15c premium $50 to $10O. 2c pre-
MUM; $500 to $1,000, Is per cent, premiumi
81, 600 and over. 81 per $1,000.
Securities-There Is fair business doing,
but rather inactive.
Stocks and Bonds-4State Bonds-Georgla
S1h per cent bonds of 1880, log bid, los
asked; Georgia 31a per cent, due 1915, 105
bid, 107 asked; Georgia AZ per cent. bonds
1915, 116 bid, III asked; Georgia per
cent, due 1926. 40 bid, 112 asked; South
Carolina 415s, los bid. 100 asked.
City Bonds-Atlanta per cent, 1903 bid.
1O4 asked; Augusta 41as, 1925, 1884 bid, 1Oi
asked; Augusta z per cent. 106 bid, 107
asked; Augusta per cent, 107 bid. 1OS ask
ed; Columbus per cent 1882 bid. 1857 ask
cd; Macon, per cent, ia bid, 115 asked;
Macon AIS, 1926, 104 bid, 1O5 asked: Sa-
pons 11015 bid, Ill asked; savannah 5 per
cent, quarterly February coupons. 1iG%
bid, 111A asked; Charleston is, SO bid. 95
asked.
Railroad Bonds-Savannah, Florida and
Western railroad 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, los bid, 100 asked; Augusta Southern.
firsts 5s, 1924, - bid, SO asked; Central Rail
road and Banking Company collateral IS.
9O1A bid, 911a asked; Central of Georgia Rail-
way first mortgage 5s, 50-year gold bonds
11S bid 119 asked; Central of Georgia
railway first consolidated mortgage 5s %
bid, SO asked Central of Georgia rail-
way first preferred incomes, A bid AZ
asked; Central of Georgia railway. second
preferred incomes, 10 bid, 16 asked; Cen
trail of Georgia railway third preferred In
comes. bid, asked; Georgia rail-
Columbia and Augusta first 5s, ITO bid, Iii
asked; Charlotte, Columbia and Augusta
second mortgage Is, 116 bid, III asked;
Georgia Southern and Florida new IS. loo
bid, 101 asked; South Georgia and Florida
first mortgage Is, 1021s bid, 103l% asked:
South Georgia and Florida second mort
gage U.s. 103 bid, 105 asked; Ocean Steam
ship per cent. bonds 1926, 104 bid, -
asked; City and Suburban railroad first
mortgage per cent. bonds, "a bid, - ask
ed; Alabama Midland per cent Endorsed
80 bid. 81 asked; Brunswick and Western
As, IS bid, TN asked; South Bound rail-
way IS, 70 bid, rs asked; Georgia and Ala
bama first preferred 5s. 102 bid. 1903 asked
Georgia and Alabama cons. 5s, 80 bid 81
asked.
Railroad Stocks-Augusta and Savannah,
1872 bid, 9412 asked ex-div.; Georgia com
mon. ia bid. 17e asked; South
western .; 6.s9s bid, $50 asked,
stock, 1919 bid, 102 asked; Atlanta and
West Point 6 per cent. certificates, 101h
bid. 1929 asked; Savannah Construction
Company, rs bid, so asked
Gas Stocks-savannah Gas Light stock.
% bid, asked Electric Light and
Power Company, 6s bid, II asked
Bank Stocks, Etc.-Citizens Bank, 10915
bid, 40 asked, ex-div. Chatham Bank, As
bid, 40 asked, ex-div.; Germania Bank, los
bid, 100 asked, ex-div.; National Bank
of Savannah, 1874 bid, 1876 asked ex-div
Merchants National Bank, 81 bid. 80
asked, ex-div.; Oglethorpe Savings ard
Trust Company, 103 bid, = asked, ex-div
Southern Bank of the State of Georgia,
140 bid. 145 asked, ex-div.; Savannah Bank
and Trust Co., 101 bid, 1903 asked, ex-div
Chatham Real Estate and Improvement
Company A, 541a bid 5515 asked p, 81 bid,
541A asked, ex-div.; Peoples Savings and
Loan Company, So bid, 100 asked
Factory Bonds-Augusta Factory 6s, 10i
bid, 102 asked; Enterprise Factory 6s 100
bid. 101 asked; Eagle and Phenix Manu-
featuring Company per cent, bonds, -
bid, 40 asked; Sibley Manufacturing Com
rany Is, 101 bid, 102 asked.
Factory Stocks-Savannah Cotton Fac
tory, - bid Is asked Augusta Factory.
30 bid. SO asked; Graniteville Factory, 145
bid, Isl asked; Langley Factory, 104 bid,
1854 asked; Enterprise Factory common,
SO bd, y6 asked; j. r. King Manufacturing
Company, 104 bid, los asked; Sibley Manu-
Gacturing Company. 70 bid. 76 asked Sa-
vannah Brewing Company 50 bid. IS asked.
New York Jan. 14-Money on call was
easy at 21ad2% per cent: the last loan
was at 2la per cent. Prime mercantile
paper, S04 per cent. Sterling exchange,
heavy with actual business In bankers
bills at $4.S4404S5 for demand, and 4.S215
64.S224 for sixty days; posted rates, $483lz
and $4.S51s@d.S6. Silver certificates, 571An
531ac Bar silver, 5Slsc. Mexican dollars,
4S3sc Government bonds were weak
state bonds were dull; railroad bonds were
strong.
New York, Jan. 1.-THE course of to-
days stock market was decidedly irreg-
ular and somewhat exceptional, so far as
the general tone Of speculation was con-
cerned. As the day progressed, lack of
sustaining power in the strength of several
stocks. which has been the marked char
acteristic of the market for several days
past, came to be more and more felt.
The disposition TO watch closely for
signs of a reaction became marked. and
the final hour saw very general throwing
over OF holdings by professional traders
There was no special news to account for
the break, and 1t was probably due for
the most part to technical conditions
Stocks which have been recently proni-
nent for strength were conspicuous in to-
days break, by reason of profit taking.
There was feeling of more or less I'M
easiness also over the tone Of the news
from Havana, over what is expected rath-
er than what Is happening. The fact that
the Spanish government scheme of reform
Is falling causes the belief that the Unit
ed States may be forced to intervene 10