The morning news. [volume] (Savannah, Ga.) 1887-1900, 1899-06-24

A,656505.95 during the same week year
before last.
ForeIgn Exchanse-Market Is steady.
The following are the Savannah quota
tons; Commercial, demand, A.S75s; six
" days. A.s52s ninety days. s4Sils;
francs, Paris and Havre, sixty days, $40;
Swiss, sixty days, SPA; marks, sixty
days, 94%c.
Domestic Exchange-Steady; banks are
buying at part and selling as follows:
Amounts up to s25 10 cents; S25 60 $50 Is
cents $50 TO 500, 20 cents; 500 to $500 "A
per cent. premium; $500 to $1,000. at =
per cent. premium $1,000 and over, 81 per
81 000
securltes-A flrmness exists through-
out the market, preparatory to the july
investment demand.
Stocks and Bonds-State Bonds-Georgia
3is per cent bonds OF 1880 INA bid, 116 ask
ed Georgia. Slk per cent. due 1915, 113 bid
ll5 asked; Georgia az per cent. bonds.
due 1920 l21 bid, 1872 asked: South Caro-
line ilas. 116 bid III asked
City Bonds-Atlanta AZ per cent 1923.
los bid, 10 asked; Augusta 3l5s 1928 lo2
bid, 1903 asked; Augusta AVS. 1925, l07 bid,
ldS asked; Augusta per cent, 10 bid Ill
asked; Augusta per cent, 1i2 bid, 1l5
asked; Columbus per cent 1917 bid, ioS
asked; Macon 6 per cent. ilS bid. 1l9 ask
ed; Macon as 1926, 1906 bid. asked; Sat-
vannah per cent, quarterly July cou-
pons, li3A bid, ll4la asked; Savannah 5
per cent. quarterly August coupons 1lsM
bid, liilb asked; Charleston As, LOG bid 1G
asked
Railroad Bonds-Savannah, Florida and
Western Railroad general mortgage
bonds per cent interest coupons 125
bid. 1876 asked; Savannah, Florida and
Western first mortgage per cent. gold
bonds due 1924, 1921 bid 114h asked:
Central Railroad and Banking Company
collateral Is, 9G bid, @ asked: Central OF
Georgia Railway first mortgage S. 50-year
gold bond 116 bid. III asked: Central OF
Georgia cons. per cent. bonds, 96h bid.
97ih asked; Central OF Geor-
ga Railway first preferred In
comes az bid, 4s asked Cen
trail Of Georgia Railway second preferred
incomes, 10 bid, IA asked; Central OF Geor-
gia Railway third preferred incomes, 6ts
bid, w asked Georgia Railroad 6s. 1910,
III BID, 1iS asked Charlotte, Columbia and
Augusta list 5s, 1887 bid. 1l0ia asked; Char
lotte Columbia aud Augusta second mort
gage 7s 12S bid, 12l asked; Georgia SOUTH
orn and Florida new 5s, Ito bid, i10is ask
ed South Georgia and Florida second
mortgage IL, 100 bid, 10i asked Ocean
Steamship per cent. bonds, 1926, LOG bid,
i07 asked; City and Suburban Railroad
first mortgage per cent. bonds, 10f bid i05
asked; Alabama Midland per cent in
dorsed, 9s bid, i0l asked; brunswick and
Western a.. s2ik bid, @ asked; South Bound
Railway 5s, 90 bid, 9S1a asked; Georgia ana
ed; Georgia and Alabama consolidated 81,
i02 bid, 1903 asked; Eatonton Branch, - bid,
g7lb asked; Central of Georgia. Middle
Georgia and Atlantic division SIS, 80 bid, 96
asked.
Railroad s,ocks-Augusta and Savannah,
1874 bid, ia asked; Southwestern, ia
bid 1l4ls asked; Atlanta ana West Point
stock 1913 bid, 125 asked; Atlanta and West
Point per cent certificates, 102 bid, JOB
asked ex-int.i Georgia common, 2O7 bid.
200 asked; Georgia and Alabama stock,
% bid. "a asked Savannah Hotel Conn
pany stock IS bid IS asked.
Gas Stocks and Bonds-savannah Gas
Light stock, 279l bid 28h asked; Edison
Electric Illuminating Company per cent
bonds 1904 bid. l07 asked; Edison Electric
Illuminating Company stock, bid, ITO
| asked.
Bank stocks, Ete.-citizens Bank. 800
bid, 12i asked; Chatham Bank. 1864 bid.
| 107ia asked, ex-div.; Germania
Bank, 1i6 bid. III asked, ex-div. /;
National Bank OF Savannah, l3s
bid. 1856 asked; Merchants National Bank
| of Savannah 30 bid, 100 asked; Oglethorpe
Savings and Trust Company. 106 bid, i07
asked. ex-div.: Southern Bank OF the
| State Georgia, 145 bid, 80 asked; Sa-
vannah Bank and Trust Company, 10 bid,
III asked ex-div.; Chatham Real
Estate and Improvement Com
pany. A, 81 bid. IS ask
4
and Loan Company, % bid. SO asked
Factory Bonds--Augusta Factory. 1919
bid, 103 asked; sibiey Manufacturing
Company 6s, 102z BID 1924 asked; Eagle
and Phenix Nails. per cent. bonds. due
| 1928, l04 bid, los asked; Bib Manufacture
ing Company, 1903 bid, 1854 asked.
Factory Stocks-Augusta Factory, 60
| bid, 81 asked; Graniteville Factory, $50
bid, 1856 asked; LwGsley Factory, 81 bid.
loi,s asked; Enterprise Factory, common,
| 20 bid 81 asked; j. II. King Manufacture
| ing Company, % bid, 101 asked. sIblav
Manufacturing Company, 20 bid 70 asked.
asked.
New York, June 23.-JThe stock market
| aid not extend beyond professional bounds
| &C any time to-day, but the small active
| element amongst the operators were dis
| posed to cover outstanding short con-
| tracts, and as a result prices are very
generally higher on the day, In some
| cases notably so. The meeting Of the
| directors Of the American Steel and Wire
| Company 10 settle the much-discussed
| dispute as 10 whether or not a dividend
| should be declared on the common stock
| was the central event OF interest After
| The directors went into session the mar
ket waited with eager and almost breath
| less expectancy for the result. Much bit
| terness has been manifested amongst the
| conflicting elements over this question,
but the action OF the stock, when Il was
finally announced that no dividend would
be declared al present, showed that the
event had been thoroughly discounted.
The price closed at the highest OF the
day 2ik points above the lowest. There
was momentary dip to near the low
est after the news came out, but offerings
were small, and the price quickly moved
upwards, absorbing some blocks OF mod
crate dimensions this way.
The action of this stock in face of tho
| worst that had been foretold, cleared the
situation and there were some sharp adj
vances 10 the closing dealings The steel
and wire news did not come out until
within half an hour of the close, and the
| earlier strength OF the market then re-
| asserted itself There was a period OF
| practical stagnation and yielding OF prices
| before this question was decided. The
| great Improvement in the continent on
| foreign stock markets was reflected at
| the opening here, notably In the Baltimore
and Ohio stocks, and there was a good
| demand later for the Vanderbilt group
OF railroads, the Changers, the Pacifics.