The morning news. [volume] (Savannah, Ga.) 1887-1900, 1899-03-21
FINANCIAL.



tations: Commercial demand. S4s5Is; six
ty days, ASSls; ninety days. A.S2ls; nine
ty days. A,S2is; francs, Paris ana Havre
sixty days, 5.22la; Swiss, sixty days.
5.269s; marks. sixty days, 94%.
Domestic EXchange-Steady; banks are
buying at par and selling as follows:
Amounts up to s25, 10 cents; $25 to $780, 10
cents; $50 to 500. 20 cents: 500 to $500 Il
per cent. premium; $500 to 81 900, al * per
cent premium; $1,000 and over 81 per ST.
600
Securitles-The market is inactive ow-
ing TO small supply of securities. Peoples
Savings and Loan Company has been re-
duced 70 s per cent security.
Stocks and Bonds-State Bonds--Georgia
49, per cent. bonds of 1880. 1lS bid, ZIG ask
ed Georgia Sl2 per cent. due 1915, Ill
bid, III asked; Georgia AZ per cent. bonds,
1918, R2la bid. 1913 asked; Georgia 4 per
cent, due 1920, 100 bid. l21 asked; South
Carolina AVS, III bid, lis asked
city Bonds-Atlanta AZ per cent, 1923,
106 bid asked; Augusta 3]as, 1928 1914
bid, lO2 asked; Augusta 4i6s, 1925, l07 bid,
Jos asked; Augusta per cent. III bid, liz
asked; Augusta per cent, Ill bid, llS
asked; Columbus per cent, l07 bid, 1903
asked; Macon 6 per cent, 1l6 bid, 100 asked ;
Macon 4l9s 1926, l05 bid asked; Savan-
nah per cent. quarterly April coupons
ia bid, l141a asked; Savannah 8 per cent
quarterly May coupons 1888 bid 1l4i4 ask
ed; Charleston As, 1854 bid, 1864 asked
Railroad Bonds-Savanuah Florida and
Western Railroad general mortgage bonds
per cent. interest, coupons, 1870 bid. 1875
asked; Savannah, Florida and Western
first mortgage 5 per cent. gold bonds, due
1924, 11S bid, 115 asked; Central Railroad
and Banking Company collaterals 5s So
Q6 Of nnfl t2ya "
first mortgage 5s 50-year gold bonds, 117i5
bid, 1lS12 asked; Central of Georgia Rail
way first consolidated mortgage S. 95h
bid, SO asked; Central Of Georgia Railway
filst preferred incomes 40 bid Al asked /,
Central Of Georgia Railway second pre-
ferred incomes. 121a bid, 1874 asked; Cen
trail Of Georgia Railway third preferred
incomes, bid. asked; Georgia Rail-
road 6s, 1910, 1851 bid, III asked; Charlotte
Columbia and Augusta first 5s, JOG bid 107
asked; Charlotte, Columbia and Augusta
second mortgage Is. 119 bid, 121 asked;
Georgia Southern and Florida new IS, 1922
bid, 40 asked; South Georgia and Flor
Ida second mortgage Is 100 bid, 1Ol asked
Ocean Steamship per cent. bonds, 1926
105 bid. 105 asked; City and Suburban
Railroad first mortgage per cent bonds,
l0l bid, l02 asked; Alabama Midland per
cent. Endorsed, SO bid, 100 asked; Bruns-
wick and Western as, 50 bid SO asked;
South Bound Railway 5s, l0l bid, 1902
asked; Georgia and Alabama first pre-
ferred IS, l0784 bid, 1Osls asked; Georgia
and Alabama consolidated SIS, 102 bid iO3
asked; Eatonton Branch, 100 bid 100A
asked; Central of Georgia. Middle Georgia
and Atlantic division IS, 1894 bid, 1903 ask
ed.
Railroad Stocks-Augusta and savan-
nah, 100 bid, - asked; Southwestern. 40
bid asked; Atlanta and West Point
stock, l25 bid, asked; Atlanta and
West Point per cent. certificates, 1OS
bid, 1924 asked; Georgia common POS bid.
2O6 asked; Georgia and Alabama stock,
30 bid, SO asked.
Gas stoclSs-Savannah Gas Light stock,
q bid. Is asked.
Bank Stocks, Etc.-Citizens' Bank. III
bid, lis asked; Chatham Bank 1O4 bid
l0419 asked Germana Bank III bid -
asked; National Bank of Savannah, 1884,
bid. asked; Merchants National Bank
OF Savannah, 80 bid, 81 asked; Ogiethorpe
Savings and Trust Company, 107 bid, 49,
asked; Southern Bank of the Stale OF
Georgia, 12SA bid, 1870 asked; Savannah
Bank and Trust Company 107 bid, - ask
ed; Chatham Real Estate and Improve
ment Company, A, SO bid, 81 asked; b. 55A
bid 56h asked; Peoples Savings and
Loan Company, "a bid 95 asked, ex-inter-
est
. Factory Bonds-Augusta Factory, l0l
bid. 102 asked; Slbley Manufacturing Com
pany es, 1O2 bid. 1903 asked; Eagle and Pie
nix Mills per cent. bonds, due 1923, 10lH
bid, 1903 asked; Bibb Manufacturing Com
pany, 1903 bid, 1csls asked.
Factory Stocks--Augusta Factory, IS
bid, SO asked; Graniteville Factory, $50
bid, 155 asked; Langley Factory, 81 bid,
T-t1Fa
80 bid, go asked; ]. r. King Manufacturing
Company, "a bid, 101 asked; SiDley Manu-
featuring Company, s. bid7S asked; Savan-
nah Brewing Company, 104 bid, 105 asked.
New York March 20-Money on cali was
strong at 449 per cent: the last loan was
at per cent; prime mercantile paper, ~
az per cent. Sterling exchange steady,
with actual business in bankers bills st
Sis5hM4.S51a for demand. and at sLS3An
1891 for sixty days; posted rates, S4.8ia
4.s41a and s4.SeQ4. s6la; commercial bills,
$4.S21z. Silver certificates nominaily, coz
601zc; bar silver, 59Ae; Mexican dollars,
47aic. Government bonds were strong;
state bonds we're inactive; railroad bonds
were strong.
New York, March 0.--The market. after
a sensational movement in Sugar and the
local transportation shares, closed weak
with mixed net changes.
Interest centered largely In Sugar, In
which the transactions we're over 191 900,
with a total of about 100000 shares Sugar
opened with an advance of about points
ran off 3h and then touched 1872 with a
subsequent plunge OF IS points, closing
with a net loss of about s points. The ax-
traordinary movement of this stock had
a wide influence in other directions.
Brooklyn Transit was lifted over points,
and then lost much of the gain. Pronounc-
ed strength appeared in the Vanderbilts,
Union Pacific, Northwestern, the coalers
and Chicago Terminal preferred while some
of the internatlonals made a show OF
strength in the early dealings in sympathy
with the higher range in London.
The Tobacco stocks were extremely few
erish. American Tobacco broke 6lkc; raj
lied and left off with loss of 2; Con-
tinental Tobacco slumped 14&l and was off
3 points at the close. The liquidation in
these stocks was attributable to the re-
ported formation OF new opposition to-
bacco company. Manhattan retained the
greater part Of a four-pont rise.
There was disposition of the profess
slonal element to let commission house
purchasers have stocks, and subsequently
while Sugar was tumblng the call money