The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-08-14
FINANCIAL.
Money-Market steady.

fOTelSn E4ACudnSG-Ine market Is
steady. The following are the net Savan-
nah quotations. Commercial demand.
S4.S45s; sixty days, $4.83; ninety DAYS
$4.S21a; francs, Paris and Havre, sixty
days $5221a; Swiss, sixty days, s.. 227s
marks, sixty days, 9414.
Domestic Exchange-Steady banks are
buying at lie 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, 25 cents; $3.50 to $3.50, ITO per cent
premium, and $3.50 and over, 70 cents per
$1,000.
Securities-The market is fairly active; .
offerings scarce of Georgia state bonds
Stocks and Bonds-State Bonds-Geor-
gia 31a per cent. bonds of 1880, 1O7 bid, 1851
asked; Georgia 312 per cent. due 1915 l0i
bid, 106 asked; Georgia Az per cent. bonds.
1915, III bid, 1lS asked; Georgia per
cent, due 1920, 113 bad ia asked South
Carolina 412s, 10 bid, Ill asked.
City Bonds-Atlanta, AZ per cent 1923. log
bid, - asked; Augusta 415s. 1925, 107 bid, 1lS
asked; Augusta Z per cent, ITO bid III
Ill asked; Augusta 6 per cent, Ill bid 113
asked; Columbus per cent. 105 bid 106
asked; Macon per cent 115 bid 116 ask
ed; Macon 41as, 1926, 1919 bid, 1851 asked;
Savannah . per cent, quarterly October
coupons, Ill bid, 112 asked; Savannah 5
per cent. quarterly November coupons.
110A bid, 110A asked; Charleston As, 81
bid 50 asked
Railroad Bonds-Savannah, Florida and
Western Railroad general mortgage bonds,
per cent interest coupons, 118 bid, 119
asked; Savannah, Florida and Western
first mortgage per cent. gold bonds. due
1924 1917 bid, 106 asked; Central Railroad
and Banking Company collateral IS. II
bid, % asked Central of Georgia Rail-
road first mortgage IS, 50-vear gold bonds,
III bid, 118 asked Cenrrai OF Georgia Rail-
way first consolidated mortgage IS, 80 bid,
81 asked; Central of Georgia Railway.
first preferred incomes, AZ bid 49 asked;
Central OF Georgia Railway second
preferred incomes, 1872 bid, 141a asked,
Central of Georgia Railway third
preferred incomes, 6 bid. 61a asked;
Georgia Railroad 6s 1910, 113 bid ia asked;
Charlotte, Columbia and Augusta first 5s
105 bid 100 asked; Charlotte, Columbia and
Augusta second mortgage Is, 118 bid 12C
asked; Georgia Southern and Florida new
5s 1912 bid, 105 asked; South Georgia and
Florida first mortgage Is 1921 bid 1885,
asked; South Georgia and Florida second
mortgage rs, 1922 bid, 1872 asked; Ocean
Steamship per cent. bonds. 1926, 102 bid
1914 asked; City and Suburban Railroad
first NOR tgage per cent bonds. - bid, 192
asked; Alabama Midland 5 per cent in
dorsed. IS bid, IS asked; Brunswick ard
Western As, 70 bid, rs asked; South
Bound Railway IS. 20 bid, 70 asked Geor-
gia and Alabama first preferred 5s, 103 hid,
1O4 asked; Georgia and Alabama cons S.
80 bid 81 asked; Eatonton branch, SO bid,
81 asked; Central of Georgia Middle
Georgia and Atlantic division IS, 81 bid,
50 asked.
Railroad stocks-Augusta and savan-
nah. 81 bid. SO asked.
Southwestern, 9S bid, 80 asked:
Atlanta and West Point stock,
les bid, 1O7 asked Atlanta
and West Point per cent. certificates, 1O3
bid 104 asked; Georgia COM
struction Company, Y bid. "A asked
Gas StoclIs-Savannah Gas light stock.
22A bid, % asked; Electric Light and
Power Company II bid. 7212 asked.
Bank Stocks, Etc.-Citizens Bank, 110A
bid, Ill asked; Chatham Bank,
AZ bid 4S asked Germauia Bank 110la
bid. 11115 asked; National Bank of
chants National Bank, SO bid, S41s asked.
Oglethorpe Savings and Trust Co.,
104 bid, los asked; Southern Bank
of the State of Georgia, 100 bid, 131 asked;
Savannah Bank and Trust Com
pany, 102 bid 1903 asked; Chatham
Real Estate and Improvement Company
a. $50 bid, IS asked; b, 541a bid So asked;
Peoples Savings and Loan Company, SO
bid "a asked.
Factory Bonds.-Augusta Factory, l05
bid, 10J asked. Sibley Manufacturing Com
pany, Gs. 100 bid. 102 asked.
EdGlOtN SltNks-@A w ubtd II dctOfys %
bid, s. asked Granitcvillc Factory, 40
bid, l4j asked; Langley Factory 100 bid,
lO1 asked Enterprise Factory, common,
20 bid, "a asked; J. r.. King Manufacturing
Company, 100 bid, 101 asked; Sibley
Manufacturing Company, 70 bid, 76 asked;
Savannah Brewing company So bid. 100
asked.
New York. Aug 13.-The weekly bank
statement shows the following changes
Surplus reserve. decrease, $6.78l $50; loans
increase. s., 991 400; specie. decrease, 81 763,-
coo: legal tender decrease S3,09l.S00 de-
posts Increase $4,000; circulation, de
crease. 1870. The banks now hold $780,
III $50 in excess Of the requirements Of the
q per cent rule.
New York, Aug. 13.-Money on call was
steady at ~ per cent. Prime mercantile
paper. 3h@4 per cent Sterling exchange,
steady. with actual business in bankers
bills az SA855aaLs54 for demand, ana s. 81
0iS4A for sixty days; posted rates. &84ik
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