The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-07-29
FINANCIAL.
Money-Marlxet steady.

FINANCIAL.
Money-AIarl5et steady.
Foreign Exchange-The market is
steady. The following are the net Savan-
nah quotations: Commercial demand
S4.S5; sixty days, $4S4; ninety days
$LS314 francs, Paris and Havre. sixty
days, 5.215s; Swiss, sixty days. 5.241b:
marks. sixty days. 941a
Domestic Exchange-Steady; banks are
buying at 1-16 per cent. discount and sell
ing as follows: Amounts up to $25, 10 cents;
$25 to $780, Is cents; $50 to 800, 20 cents; 500
to $3.50, p cents; $3.50 to $3.50, 1-1O per cent
premium, and $3.50 and over, rs cents per
Sl,O0O.
Securities-The market is fairly steady.
1t is very difficult to find offerings Of first
class securities.
Stocks and Bonds-State Bonds-Geor-
gia 312 per cent, bonds of 1880, 107 bid 1851
asked; Georgia 312 per cent; due 1915 1O6
bid, 1O7 asked; Georgia AZ per cent bonds.
1915, 1l612 bid 1T asked; Georgia per
cent, due 1920 40 bid, Ill asked: south
Carolina 42s, 109 bid, ITO asked.
City Bonds-Atlanta 7 per cent, 1O2 bid,
- asked; Augusta 41As. 1925. 1O5 bid LOG
asked; Augusta z per cent 10 bid III
asked; Augusta per cent, 112 bid 113
asked; Columbus per cent. 1887 bid. 1O41b
asked; Macon 6 per cent, lis bid l16 ask
ed Macon 415s, 1926, 103 bid, 1O4 asked;
Savannah per cent, quarterly October
coupons, 11118 bid, 112 asked; Savannah
per cent. quarterly August coupons 111b
bid, 112 asked; Charleston As, 951a bid, 96i@
asked.
Railroad Bonds-Savannah, Florida and
Western Railroad general mortgage bonds
6 per cent. interest coupons 11715 bid 1881
asked; Savannah, Florida and Western
first mortgage 5 per cent gold bonds. due
1924, 1041a bid, 1862 asked; Central Railroad
and Banking Company coIlate 5s. 81
bid, % asked Central OF Georgia Rail-
road first mortgage 5s, 50-year gold bonds
116 bid, III asked; Central of Georgia Rail-
way first consolidated mortgage IS S8 bid.
SO asked; Central of Georgia Railway
first preferred incomes, SO bid 40 asked
Central of Georgia Railway second
preferred incomes, 13 bid, IA asked;
Central of Georgia Railway third
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, 121
asked; Georgia Southern and Florida new
5s 1872 bid, 104 asked; South Georgia ard
Florida first mortgage Is, 102 bid, 1872
asked; South Georgia and Florida second \
mortgage Is, 102 bid, 1882 asked; Ocean
Steamship per cent. bonds, 1926, 1884, bid
1912 asked; City and Suburban Railroad
first mortgage per cent bonds, 101 bid lO3
asked; Alabama Midland per cent. in
dorsed IS bid 8S asked; Brunswick ard
Bound Railway IS, 6S bid, u asked Geor-
gia and Alabama first preferred IS. 1903 lid
I04 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, 96ls bid, s71a asked. ex-div,;
Southwestern, 961a bid, 971a asked, ex-
div Atlanta and West Point
stock, 1O6 bid, 1O7 asked. ex-div.; Atlanta
and West Point per cent. certificates, 103
bid, 104 asked, eX-interest; Georgia COM
mon. 1870 bid, 1872 asked; Savannah Con-
struction Company, Il bid 70 asked.
Gas Stocks-Sayannah Gas Light stock,
o21s bid, % asked; Electric Light and
Power Company, 40 bid, Il asked, ex-
Bank Stocks, Ete.-Citizens Bank, 10
bid, 11Oll asked, ex-div.; Chatham Bank,
Germania Bank, 1101a bid, 1l11a
asked. ex-div,; National Bank of
savannah 125 bid, 126 asked, ex-div.; Mer-
chants National Bank, SO bid, S41a asked
ex-dlv; Oglethorpe Savings and Trust Co.
1O4 bid. 1O5 asked, ex-div.; Southern Bank
Of the State of Georgia, i29 bid. 100 asked,
ex-div.; Savannah Bank and Trust Com
nanv 1902 bid. 1903 asked, eX-diY.; Chatham
Real Estate and Improvement Company
A. s. bid, 551a asked 3, "a bid, 542I asked,
eX-diV.; People Savings ana Loan Com !
pany, 90 bid 50 asked.
Factory Bonds-Augusta Factory, 10l |
bid 1902 asked; Sbley Manufacturing Com
panv. 6s. 100 bid 102 asked.
Factory Stocks.--Augusta Factory, 6s
bid Is asked Graniteville Factory, 145
bid 151 asked; Langley Factory, 100 bid, !
l0l asked; Enterprise Factory, common,
20 bid. "a asked; j. II. King Manufacturing |
Company. 100 bid, 101 asked: Sibley |
Manufacturing Company, 70 bid, &c asked;
Savannah Brewing Company, 95 bid. 100
asked.
New York. July 28.-Money on call was
steady at 1M1iA per cent. the last loan
was at ~ per cent. Prime mercantile |
paner. 9bq4 per cent. Sterling exchange |
steady with actual business in bankers |
bills. at S4S5h for demand and az $4S3d |
1871 for sixty days; posted rates $4Sp5d |
4S5 and SfS60487; commercial bills, $4g2. |
silver certificates. 5S3in59lzc; bar silver, /
5Saic: Mexican dollars, 45lzc. Government |
bonds were heavy.
New York July 2S.-The stock market |
dropped back into rut to-day and drift |
ed suggishly on small transactions. es- |
cept for several individual stocks. which |
were influenced by special causes. The |
fact that yesterdays upward movement |
was stopped In itself made bears amongst /
the traders. although IL was attributed 70 |
sympathy with the sharp break in SUI
gar.
Sugar continued to DO the center of in |
terest to-day and speculation In il was