The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-02-12
RICE.
FINANCIAL.

Money-Market steady.
The bank ciearinss for the past week
were 81, 407, 03S .16, against S2,073 1Oj. - for
the same week last year. and g. 7S7. 6S7 IS
for the same week in 1896.
Foreign Exchange ~ The market is
steady. The following are net Savannah
quotations: Commercial demand, S4.S42i
sixty days, S4.S2as; ninety days, $4.81$s;
francs, Paris and Havre, sixty days,
5.22s4 Swiss. sixty days, $3.50; marks,
sixty days 9lss.
Domestic Exehange-Steady banks are
buying at par and selling as fol-
lows: Up 70 S25, 10c premium;
$25 TO $50, 15c premium; $50 to 500, 2Oc pre-
MUM; 5000 to Sl,00O. Is per cent premium;
$lO0 and over, 81 per 81 1000.
Securities-Steadier.
Stocks and Bonds-State Bonds-Georgla
S1a per cent. bonds of 1890, 107 bid, -
asked; Georgia 3l5 per cent, due 1915. 106
bid, - asked; Georgia, AZ per cent bonds.
1915, III bid, 11s asked; Georgia per
cent. due 1926, ll2 bid, asked; South
Carolina 412s los bid 100 asked.
City Bonds-Atanta per cent. 103 bid,
asked; Augusta 415s, 1925, 1882 bid IO4
asked; Augusta z per cent, l05 bid 107
asked; Augusta per cent, 107 bid, l0S ask
ed: Columbus 5 per cent, 1881 bid 1854
asked; Macon per cent. 1852 bid, III ask
ed; Macons 43as, 1926, 104 bid 1O5 asked; Sa-
vannah 8 per cent, quarterly April cou-
pons, 110ia bid, 111h asked: Savannah 5 per
cent, quarterly May coupons, 1i0Ia
bid, III asked; Charleston As, 90 bid. 95
asked.
Railroad Bonds-Savannah. Florida and
Western railroad general mortgage bonds
6 per cent. interest coupons, III bid, l1S
asked; Savannah, Florida and Western
first mortgage, per cent. gold bonds due
1924, 1857 bid, 109i2 asked Augusta Southern
first IS, 1924, - bid, 81 asked; Central Rail-
road and Banking Company collateral IS.
sli5 bid, 80 asked; Central of Georgia Rail-
way, first mortgage IS, 50-year gold bonds
lis bid, 10 asked: Central of Georgia Rail-
way first con solidated mortgage SIS 911S bid
921a asked Central of Georgia Railway first
preferred incomes AZ bid, 43 asked; Cen
-tral of Georgia Railway second preferrefa
incomes, 1872 bid. 141a asked; Central Of
Georgia Railway, third preferred Incomes.
bid, 7la asked; Georgia Railroad 6s. 1919
11S bid. 114lz asked; Charlotte, Columbia
and Augusta first 5s, 10 bid, Ill asked:
Charlotte, Columbia and Augusta second
mortgage Is, us bid, 100 asked Georgia
Southern and Florida new SIS 1903 bid 1oi
asked; South Georgia and Florida first
mortgage Is, 1929 bid, 103h asked South
Georgia and Florida second mortgage Is
103 bid los asked; Ocean Steamship 3 per
cent. bonds, 1926 1862 bid. 1861 asked; City
a. Suburban Railroad first mortgage per
cent. bonds, 81 bid, asked; Alabama
Midland per cent. indorsed, 80 bid 81
asked; Brunswick and Western As IS bid
7Tl5 asked; South Bound Railway IS. 7l1%
bid, 75ls asked; Georgia and Alabama first
preferred IS. 103 bid, 104 asked; Georgia a nd
Alabama cons, IS, IS bid, SO asked: Eaton-
ton Branch, 81 bid, 1914 asked; Central of
Georgia, Middle Georgia and Atlantic Di-
vision IS. 50 bid "a asked
Railroad Stocks-Augusta and Savannah.
"a bid IS asked; Georgia common $50
bid, 1888 asked Southwestern, 921h bid. $751;
asked; Atlanta and West Point stock. 10l%
bid, 1902 asked; Atlanta and West Point
per cent. certificates, 1917 bid. 1925 asked;
Savannah Construction Company, n bid.
So asked
Gas stocks-Savannah Gas Light stocks
% bid, "A asked; Electric Light
and Power Company, 70 bid n asked.
Bank Stocks, Etc.-Citizens Bank, ITO
bid. 1lo15 asked; Chatham Bank,
AZ bid, 4s asked; Germania Bank, 10S
bid, 109 asked; National Bank of Savan-
nah, 125 bid, 126 asked; Merchants National
Bank. 81 bid, IS asked; Oglethorpe Saw
ings and Trust Company, 104 bid. 1O5
asked; Southern Bank of the State of
Georgia, bid 1879 asked; Sa-
bid, 1924 asked; Chatham Real Estate and
Improvement Company. A. IS bid So
asked; b. 54ls bid, IS asked; Peoples Saw
ings and Loan Company, SO bid. SO asked
Factory Bonds-Augusta Factory IS, 1Ol
bid l02 asked; Enterprise Factory 6s 100
bid l0l asked; Eagle and Phoenix Manu-
featuring Company per cent bonds. -
bid, 40 asked; Sibley Manufacturing Com
pany IS, lOl bid, lO2 asked.
Factory Stocks-Augusta Factory so
bid, IS asked; Graniteville Factory 145 bid.
ISL asked; Langley Factory, 104 bid 1857
asked; Enterprise Factory, common. 90
bid, So asked; J. r. King Manufacturing
Company, 1o4 bid. 105 asked; Sibley Manu-
featuring Company, 20 bid 76 asked; Sa-
vannah Brewing Company, IS bid, 81 ask
ed
New York. Feb. 11.-sIoney on cali
closed easy at ia per cent: the last loan
was at IL per cent. Prime mercantile
paper, S04 per cent Sterling exchange
easier with actual business in bankers
bills at NS55s for demand, and at S4S9G1
4S3ls for sixty days. Posted rates. S4Slfl
4S6h Commercial bills, $As2 silver GER
tiiqates, 56la051$sc. Bar silver 56Ssc
Mexican dollars, i6i4c. Government bonds
were weak; state bonds We're dull; rail-
road bonds We're Irregular.
New York, Feb. 1.-THE weekly harly
statement shows the following changes:
Surplus. decrease. S2.3i4.j75; loans increase
s.. s76 600; specie, increase. SS79 500. legai
tenders, decrease. 100000: deposits in
crease, $4,S56,300; circulation, decrease. sir
ZOO The banks now hold $50 $1,000 in ex-
4 Cess Of the requirements of the % per. cent
rule.
New York, Feb. 1.-THE Evening Posts
London financial cablegram says "Tbe
stock markets here were quiet but eener
ally good to-day, the feature being a
sharp rise. despite dearer money. The
buying was good and significant. Ameri-
cans were active although the dealings
were professional The close was under
the best II Is noticed that however good
New York prices are. there is tendency
to sell from there. Louisville and Nash
vile was bought on reports that tba
scheme for remodeliing the bonded debt
had been virtually completed The 4 per
cents have risen TO "a. Argentine and BRA
I'll stocks were good. as also Italian and
Turks. on better tone IN Paris. Mines
We're lfeless. There is somb reason for
doubt as 70 whether the Chinese loan ne
eotiations have been finally suspended, al