The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-06-16
TINANCIAL.
Monev-Mnrket stendr.


Money-Market steady.
Foreign Exchange The market Ia
ateady. The following are the net savan-
nah quotations Commercial, demand
S4S6A sixty days. Sassy ninety days,
$is2M; francs. Paris and Havre, sixty
days, 5.227s Swiss, sixty days. 5.25i5;
marks sixty days, 94ss.
Domestic Exchanges banks are
buying at lie per cent. discount and SELL
Ing as follows: Up to s25, Toe premium; s25
TO $50. l5c premiumi $50 to 500, Zoe prem
um; $500 TO $1,000, Csc premium; $1,000 and
over, 1-16 per cent premium.
Securities Market has quieted down
and Is inclined to be dun.
Stocks and Bonds--State Bonds-Geor-
gla 3h per cent bonds of 1880 107 bid 1851
asked; Georgia Sh per cent, due 1916. 105
bid 1O7 asked; Georgia AZ per cent bonds
1915, III bid, l1S asked; Georgia per
cent, due 1926. 112 bid, 1lb asked: South
Carolina 411s, 10 bid 1l2 asked.
CITY Bonds-Atlanta per cent, 102 bid.
49, asked; Augusta AIS 1925, 105 bid lO6
asked; Augusta pei cent, 10 bid, Ill
asked; Augusta per cent, 112 bid 113
asked; Columbus per cent, l03h bid 1O4IA
asked; Macon per cent, ZIG bid, 1T ask
ed; Macon ANS, 1926, 100 bid. los asked; Sa-
vannah per cent, quarterly July cou-
pons, 1904 bid. Ill asked; Savannah
per cent, quarterly August coupons 1O9%
bid. 1l0A asked; Charleston Is, % bid. 96
asked
Railroad Bonds-Savannah Florida and
Western Railroad general mortgage bonds,
per cent. interest coupons, 116 bid, 1l8
asked; Savannah, Florida and Western
first mortgage per cent. gold bonds, duo
1924. 1O5 bid JOG asked; Central Railroad
and Banking Company collateral IS, 81
bid, SO asked; Central of Georgia Rail-
road first mortgage IS, H-year gold bonds
ITO bid, III asked ;Central of Georgia Rail-
way first consolidated mortgage S., 81 bid,
II %
preferred incomes, 40 bid, AZ asked Cen
trail of Georgia Railway second preferred
incomes Is bid l4h asked; Cen
trail of Georgia Railway third
preferred incomes, bid asked;
Georgia Railroad 6s 1910, 112 bid ia asked:
Charlotte Columbia and Augusta first 5s,
1O7 bid, 10s asked; Charlotte, Columbia and
Augusta second mortgage Is, lis bid ZIG
asked; Georgia Southern and Florida new
So. l05a bid, 1861 asked; South Georgia and
Florida first mortgage rs, 1924 bid, 103ls
askedi South Georgia and Florida second
mortgage rs, 1O2A bid, 10S asked Ocean
Steamship per cent. bonds. 1895, 104 bid.
1O5 asked; City and Suburban Railroad
first mortgage per cent. bonds 80 bid, 101
asked: Alabama Midland per cent in
dorsed 81 bid. s. asked; Brunswick and
Western As, u bid, rs asked South
Bound Railway IS, 6s bid. ~ asked; Geor-
gia and Alabama first pref 5s, 10lh bid.
1924 asked; Georgia and Alabama cons IS.
So bid, SO asked Eatonton Branch, 80 bid.
S7A asked; Central of Georgia, Middle
Georgia and Atlantic division IS, 70 bid. 81
asked.
Railroad Stocks-Augusta and Savar-
nah 9ilh bid, 95h asked; Southwestern, 9J
bid, SO asked Atlanta and West Point
stock, 105 bid. 1O6 asked; Atlanta end
West Point per cent certificates IOl bid
l02 asked; ex-interest; Georgia common.
176 bid. 1872 asked Savannah Construction
Company, 66 bid 10 asked.
Gas Stocks-Savannah Gas Light stock.
% bid, 23ls asked; Electric LAght and
Power Company, 70 bid, 70 asked. ex-Inter-
est.
Eank Stocks, Etc.-Citizens Bank, 10
bid III asked; Chatham Bank A bid. 47iA
asked Germania Bank, 110A bid, I12 ask
ed; National Bank OF Savannah, 126 bid,
1877 asked; Merchants National Bank, 81
bid, So asked; Oglethorpe Savings and
Trust Co.. 105 bid, LOG asked; Southern
Bank OF the State of Georgia. 1870 bid 1876
asked; Savannah Bank and Trust Compa-
n.y. 10S bid. 1924 asked; Chat
ham Real Estate and Improvement Com
pany, A, ssh bid, 56 asked b, 54A bid, 55K
asked; Peoples Saving and Loan Compa-
ny. % bid, 90 asked.
Factory Bonds - Augusta Factory, 1o1
bid. 1902 asked; Eagle and Phenix Manu-
featuring Company per cent. bonds, ~
bid, 40 asked; Slbley Manufacturing Com
pany, S. 100 bid 102 asked.
Factory Stocks Augusta Factory, GO
bid. Is asked Granltevlle Factory, 145
bid, ISL asked; Langley Factory, 100 bid,
10l asked; Enterprise Factory, common,
30 bid. "a asked; J. r. King Manufactur-
ing Company, 100 bid, f01 asked; Slbley
Manufacturing Company 70 bid, &c asked:
Savannah Brewing Company. 90 bid. IS
asked.
New York June 15.-Money on call was
steady at 1hd7 per cent: prime mercan-
tile paper, 3GD4 per cent. Sterling exchange,
steady with actual business In bankers'
bills at $4S504S5h for demand and at
$483GAs3Lt for 60 days Posted rates $3.50
d3S5lb and S4.sGkG4S Commercial bills,
S482M4s3 Silver certificates, 5SQ58Ac.
Bar silver, 5SAc. Merican dollars, 45ilc.
Government bonds were strong.
New York. June 15-Speculative observ-
ers, who argued that the two days reac-
ton In the stock market has been due to
apprehension of the effects of liquidation
consequent upon the collapse of the wheat
deal, were disappointed to-day. The pres
sure on the markets from that source was
practically all removed by the announces
ment that the enormous holdings of cash
wheat owned by the defeated wheat specu-
lator had been taken over by powerful
financial interests who would be able 20
save TO from being sacrificed at force SALE
The course of the wheat market very