The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-08-03
FINANCIAL.
Money-Markel steadv.

Money-MarkeI steady.
Foreign EXchange-The market is
steady. The following are the net Savan-
nah quotations: Commercial demand,
A.SSA; francs, Paris and Havre, sixty
days, 5.21Ss; Swiss, sixty days, 5.2415;
marks. sixty days. 9416
Domestic Exchange-Stea banks are
buying at 1-16 per cent. discount. and SELL
ing as follows: Amounts up to $25, 10 cents;
$25 to $50, Is cents $50 to $780, 20 cents; 500
TO $3.50, % cents; $3.50 to $3.50, Ito per cent.
premium, and $3.50 and over, Is cents per
$1,000
Securities-The market is fairly steady.
Demand good all around; offerings limit
ed.
Stocks and Bonds-state Bopds-Geor-
gia 314 per cent. bonds of 1880, 1O7 bid, 1881
| asked; Georgia 31s per cent, due 1915. 1O6
bid, l07 asked; Georgia AZ per cent. bonds.
! 1915, 1l61A bid. III asked; Georgia 4 per
cent, due 1920, 40 bid, III asked South
Carolina AIS, 100 bid, 10 asked
City Bonds-Atlanta per cent. 1902 hid
- asked; Augusta 41as, 1925, 1O5 bid. 1O6
asked; Augusta Z per cent, ITO bid III
asked; Augusta per cent, 112 bid 113
asked; Columbus per cent. 1917 bid 1O4lb
asked; Macon per cent, 115 bid 116 ask
ed; Macon 415s 1926, 10S bid, 104 asked.
Savannah 3 per cent quarterly October
coupons, 11112 bid, 112 asked; Savannah
per cent. quarterly August coupons, ILL.,
bid, 112 asked; Charleston As, 9515 bid, 96j9
asked.
Railroad Bonds-Savannah, Florida and
Western Railroad general mortgage bonds.
8 per cent. interest coupons, 11S bid, 119
asked; Savannah, Florida ana Western
first mortgage per cent. gold bonds due
1924 1917 bid, 106 asked; Central Railroad
and Banking Company collateral 5s. IL
bid, % asked Central of Georgia Rail-
road first mortgage IS, 5O-year gold bonds.
a paf
way first consolidated mortgage 5s, SO bid,
80 asked Central of Georgia Railway
first preferred incomes, 1872 bid, 4015 asked;
Central of Georgia Railway second
preferred incomes, 10 bid IA asked;
Central of Georgia Railway ;hird
preferred incomes, 6 bid, asked;
Georgia Railroad IS, 1910, 113 bid, ia asked;
Charlotte. Columbia and Augusta first IS,
108 bid, 100 asked; Charlotte, Columbia and
Augusta second mortgage Is, 120 bid III
asked; Georgia Southern and Florida new
5s, 1882 bid, l04 asked; South Georgia and
Florida first mortgage Is. 102 bid, 1O31s
asked; South Georgia and Florida second
mortgage Is 102 bid, 1882 asked; Ocean
Steamship per cent bonds, 1926, 104 bid,
los asked City and Suburban Railroad
first mortgage per cent bonds, 101 bid, 1903
asked Alabama Midland per cent in
dorsed IS bid, IS asked; Brunswick ard
Western As, Y bid, IS asked; South
Bound Railway IS, 6S bid, Y asked; Geor-
gia and Alabama first preferred IS, 1903 hid.
104 asked; Georgia and Alabama cons IS,
80 bid, 81 asked; Eatonton branch, SO bid,
80 asked; Central of Georgia Middle
Georgia and Alabama division IS, 81 bid,
81 asked.
Railroad Stocks-Augusta and savan-
nah 96la bid, 97la asked ex-div;
Southwestern, 9615 bid 97la asked. ex-
div; Atlanta aud West Point
stock, 1O6 bid, 1o7 asked. ex-div.; Atlanta
and West Point per cent. certificates, 10S
bid, 1O4 asked ex-nterest; Georgia COM
mon, 100 bid, 1872 asked; Savannah Con-
struction Company, Il bid 73 asked.
Gas Stocks-Savannah Gas eight stock
22A bid, % asked; Electric Light and
Power Company, 70 bid. II asked, ex-
div.
Bank Stocks, Eec.~Citizens Bank, 10
bid, 1101a asked, ex-div.; Chatham Bank,
46;s bid. 47l2 asked, ex-div.;
Germania Bank, 1l015 bid, 1111z
Savannah 125 bid. 1876 asked ex-div.; Mer-
chants National Bank, SO bid, S415 asked,
ex-dIV; OglethOrpe Savings and Trust Co,
1914 bid. 105 asked ex-div.; Southern Bank
of the State of Georgia 12a bid. 100 asked,
ex-diy.: Savannah Bank and Trust Com
pany, 1O2 bid, 103 asked, ex-div.; Chatham
Real Estate and Improvement Company,
A. So bid 551a asked; b, "a bid, 54A asked,
ex-div: Peoples Savings and Loan Com
pany, 80 bid 90 asked.
Factory BOnQS.-AuBuStd FACTORY, lOl
bid. 1902 asked Sibley Manufacturing Com
pany 6s 100 bid, 102 asked.
Factory Stocks.-Augusta Factory, So
bid, rs asked; Granilevile Factory, 145
lid. ISL asked; Langley Factory, 100 bid
1O1 asked. Enterprise Factory common,
20 bid. "a asked; J. r, King Manufacturing
Company 100 bid. 101 asked; Sibley
Manufacturing Company. 20 bid, Is asked;
Savannah Brewing company, 50 bid. 100
asked.
New York, Aug. money on call was
steady at 1Hd1i2 per cent, the last loan
was at ~ per cent. Prime mercantile
paper Sl574 per cent Sterling exchange
firm with actual business in bankers bills
at s4.S504. s5h for demand and at 1881
al S39l for 60 days; posted rates &.84la0
1876 and S4S6d4. S6ia; commercial bills,
81. S2GI4 s215. Silver certificates, 583sd593sc.
Bar silver 5s4c; Mexican dollars, 45GI
s5Ibc Government bonds were strong;
state bonds, dull; railroad bonds were
strong.
New York, Aug 1.-The tendency Of the
speculation in railroad stocks to separate
Itself from the Industrial specalties be-
came more marked to-day than yesterday.
The Industrials have not fallen 10
minor place in the speculation as they are
likely to do at q time when a widespread |
general demand springs up for standard
railroad securities, but there are evidences |
Of a elimination OF speculative move