New-York tribune., 1879-03-14

The statement OF the receivers recelptS 9nu uls-
bursements of the year contains the item. " Receipts
from suudry sources, $4,266,463." which sum ex-
ceeds the gross earnings OF the entire road $685.,
$50 the sum of $903213. OF this excess the state
ment given to the public furnishes no explanation.
while the absence from among the items of dis
bursemcns of payments of receivers loans precudes
the idea that the amount of receipts increased
by an exchanging of loans. The disbursements,
including 1902, ] IL paid for interest on companys
bonds, $23,936 for interest on receivers loans,
and $131,473 account of old floating
debt of the company. amounted to $4,3i3,-
b12 The cash in hand January l. 1878,
was S97G55, and on December 81, 1878.
$40 COG decrease, $57, ,049. The receiver does not
furnish the amount of outstanding receivers cert-
fcates but his statement of disbursements shows
that he paid interest on loans from the National
Trust Company aud Smithers & Watson, 100000
each. and the sum of So 741 interest unstated
amount of loan from the Baltimore and Ohio Com
pany. so these items represent probably an in
debtedness of about S35O,000 with the source
of the 1908 213 before referred to as received dur
ing 1879, still unexplained.
The old floating debt of the company has been
duced as follows:
Debt Of November 49, 1876 19ll
Old debt remaining 81. sj53,s7S
But another debt has been accumu.
lated during the same time as follows:
-Four past-due coupons on second mort oo ,so
Pour Coupons on debentufes ............. 1900
Coup0ns on Springfield Division 2l6125
Default TO sinking fund OF first mort ooo
Default to sinking fund of second mort ooo oo. ~.
CAGES 9 O-iVVU- 'Vo'-Vo
Total ununded debt Dec 81 4600S3
Increase since Nov. IL. 1876 4o'I'Z
To this increase of unfunded debt is to be added
the amount of outstanding receivers certificates or
loans whatever that may be.
The transactions stocks to-day were larger
than on any preceding day of this week. but the
general tone of the market was none the less FEVER
ish and uncertain, nor the various movements less
irregular in their characters. The NorthwesterDs
again marked features. the common opening
at 90. but under free sales soon declined TO 30l4
pal fluctuations were as follows: 5000 l205 81 'S
@55& 55l2. The preferred stock started at s5oS,
closed at S57s The St. Panls we're dun, although
the common stock fuctuated between 3744 aud
3S3s closing as it opened at 3S. The trunk line
shares were dull and featureless Lake Shore opened
and ended at 71l2 having sold as low as l. Mchl-
gan Central closed at S77s, which was 4 below its
opening price, and Erie sold at 254024 Is0251s.
Canada southern, however. was strong, rising from
5Sl4 TO 5984.
Wabash continues heavy, although its price raj
lied to 1SSs01Sl2 after having sold at 19lS@174.
Kansas Pacific also bad bad fall just before the
close down to 1884 after having been steady at
2z4G2 22I2, and Missouri, Kansas ana l9Nas; adtef
San Francisco stocks were actye and hrn, the com
mon rising to g, preferred to Sl20o aud first pre-
ferred 15l ga D. Coal shares were weak all around.
but IN final sales made some recovery from their low
est prices. Western Union was dull at 1O4t t0 1888
0lO4l2 and Atlantic and Pacific sold at 81 =. Inc
report that the Western Union Company had cap
tured one or more of the railroad lines was re-
newed again to-day. the report yet lacks conlrna-
ton. Pacific Mail showed some indications OF
weakness iu decline 10 12l2 on small amount
of dealings.
The market closed feverish and irregular.
KASGE Vi THE STOCK MAsKEt
ASTeported bg ne God and stock telegraph Company