The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-09-24
FINANCIAL.
Monev-Market steady

were 50 S97 Az. 81. against S3,57l 5000 dur
ing the same week last year and $780,
34S. So during the same week in 1896
Foreign Exchange-The market Is
steady. The following are the net Savan-
nah ouotations: Commercial demand
s4S27s; sixty days. $4,SO7s' ninety days,
81. SOls; francs, Paris and Havre, sixty
DAYS, 5.253s; Swiss, sixty days, 5.HB
marks, sixty days, 80 15-l6.
Domestic Exchange-Steady; banks are
buving at n per cent. discount, and sell
ing as follows. Amounts up to S25, TO cents;
s25 to $780, Is cents; $50 to $780, 20 cents; $500
or over at par.
Securties-The market is firmly held for
the investment securities.
Stocks and Bonds-State Bonds-Geor-
gia 80 per cent bonds of 1880, 107 bid. 10SIA
asked; Georgia 315 per cent. due 1915, 105
hid. 1O6 asked; Georgia Az per cent bonds,
1915. 49, bid f20 asked; Georgia per
cent. due 1920, ia bid 115 asked; South
Carolina 4las. Ill bid, 112 asked.
CITY Bonds-Atlanta, Az per cent 1928
log bid. asked; Augusta, 4Rs 1926, 1O7
bid. 1OS asked; Augusta, per cent. 10
hid. Ill asked; Augusta s per cent, Ill bid
113 asked; Columbus, 3 per cent, 105 bid
log asked; Macon 6 per cent, lis bid, 116
asked; Macon AIS, 1926, 105 bid. LOG asked
Savannah ) per cent, quarterly Octo-
her coupons, 111h bid. III asked; Savan-
nah DeG cent? Qudlt0l4g 1NONtulDtE GOu~
mons. i11l5 bid liz asked; Charleston, As,
95 bid, So asked.
Railroad Bonds-SaVannah, Florida and
western Railroad general mortgage bonds,
G rep~ cent interest coupons, 11S bid, 119
asked; Savannah, Florida and Western
first mortgage per cent. gold bonds, due
1924 1OS bid 1909 asked; Central Railroad
and Banking Company, collateral IS, 81
hid go asked; Central of Georgia Rail
road first mortgage 5s, 5O-year gold bonds,
116 bid. III asked; Central of Georgia Rail
way first consolidated mortgage 5s, S9lA
hid, 9Olb asked Central of Georgia Rail
way first preferred incomes, 3S bid, 80
asked: Central of Georgia Railway second
nreferred incomes, II bid, II asked;
Central of Georgia Railway third
oreferred incomes, So bid, asked
Georgia Railroad 6s, 1910, 1l3 bid, ia asked /;
CharJotte Columbia and August first 5s,
1O5 hid 1O6 asked; Charlotte, Columbia and
Augusta second mortgage Is, 118 bid, 1874
asked. Georgia Southern and Florida new
5s 1O6 bid 107 asked; South Georgia and
Florida first mortgage rs, 1922 bid, 1031k
asked: South Georgia and Florida second
mortgage rs, 1921 bid, 1872 asked; Ocean
Steamship per cent, bonds, 1926 105 bid,
los asked: City and Suburban Railroad
first mortgage 6 per cent. bonds, 100 bid,
100 asked; Alabama Midland 5 per cent in
dorsed. 921b bid, 931a asked; Brunswick and
Western As, Y bid, Is asked South Bound
Railway IS, so bid, S215 asked; Georgia and
Alabama first preferred IS, 10S bid, 104 ask
ed; Georgia and Alabama cons IS, 80 bid,
81 asked Eatonton branch, 80 bid 9lasked;
Central of Georgia, Middle Georgia and
Atlantic division 5s, sly bid, SO asked.
Railroad Stocks - Augusta and Savan-
nah, 9S1a bid, 991A asked; Southwestern, 9SA
bid. 991A asked; Atlanta and West Point
stock, 1O6 bid, 107 asked; Atlanta and West
IL
asked; Georgia common, 1872 bid, 1873 asked; ;
Savannah. Construction Company 81 bid
81 asked.
Gas Stocks-savanna Gas Light stock,
% bid, % asked Electric Light and Pow
er Company, 70 bid IS asked
Bank Stocks Etc.-Citlzens Bank, 110A
bid 1909 asked; Chatham Bank, 4s1z bid,
1917 asked; Germania Bank, Hoy bid 1l1l2
asked; National Bank of Savannah. 1875
bid, 1876 asked; Merchants National Bank,
81 bid, IS asked Oglethorpe Savings
and Trust Company, 105 bid, 1917 asked;
Southern Bank Of the State of Georgia,
1870 bid 1872 asked; Savannah Bank and
Trust Company 102 bid f0S asked; Chat
ham Real Estate and Improvement Com
pany, A, 55lz bid, Sc asked B. IS bid 551z
asked; Peoples Savings and Loan Compa-
ny, 80 bid, SO asked.
Factory Bonds Augusta Factory. 105
bid, 1O6 asked Sibley Manufacturing Com
pany, IS, 100 bid, 102 asked.
Factory Stocks-Augusta Factory, So
bid 65 asked; Graniteville Factory 140 bid,
las asked; Langley Factory, 100 bid, 1O1
asked; Enterprise Factory, common. 90
bid "a asked; ]. r. King Manufacturing
Company. 100 bid, 1O1 asked; Sibley Manu-
featuring Company, 70 bid. rs asked; Sa-
vannah Brewing Company, 80 bid, 1O1
asked
New York, Sept. 25.-Money on can was
steady at 304 per cent, the last loan was
at 3 per cent Prime mercantile paper, AS
per cent. Sterling exchange steady with
actual business in bankers bills, $685. n
asa. for demand, and al $4.8iAa4. sly for
sixty days. Posted rates, $i82GL4 S21a and
$tS5. Commercial bills, 81. SOk. Silver Ger
uficates, 61A@62c. Bar silver, Gle. Next
can dollars, 473sc. Government bonds
steady State bonds were strong. Railroad
bonds were irregular.
New York Sept. 23.-The total bank
clearings in the United States for the
week were $i,225, $50 915; per cent, de-
crease, 3.02. Exclusive of New York, SOL
1886 976; per cent, increase, 2.S.
New York. Sept. % There was
only ripple here and there
on the surface of to-day's market. There
were wide gaps in the list of usually ac-
tive stocks and the prominent securities
which moved at all did so IL sluggish
and hesitating manner and on a small
volume of trading. The bears seemed to
have the upper hand at the opening and
clipped the price of St Paul point i'm
addition to the 2k per cent. dividend +
which was taken off to-day. General Elec-
trio new stock, Sugar, Metropolitan Street
Railway and Peoples Gas all showed de-
clines ranging from a sharp fraction up
To nearly IL Sugar showed reeiefa moo