The sun. [volume] (New York [N.Y.]) 1833-1916, 1879-06-08

panys ofr1cials In this city refuse TO give to tho
press any statements Of earnings and expenses.
The receivers Of tho Lehigh and Wilkcsbnrre
Coal Company advertise tho payment on the
18Th inst Of ~ g cent interest on the registered
income bonds of the company, issued in ex-
change for coupons detached from the consoli 1,
dated mortgage bonds. The amount which viii
be- required for this purpose, us we hgure II. Is
about $40 600. or sufficient To pny cent on
the S7S4 400 unassentod mortgage bonds. We
supposn the receivers are protected nv an ORDER
~ the Chancellor, otherwise 1t would be fruud-
u!cnt diversion Of trust funds 20 thus prefer one
portion OF the cOmuanys creditors to another
portion having prior lien.
Mr.. Gowen. President OF tho Reading Railroad
Company, sailed for Europe this morning os-
missed That his trip il made not without refer
once to tho business OF the company. Among
bonlnollers to lease Of the Now Jersey Cen
trnl Railroad is mentioned, but on no authority
that we can hear Of
Silver is quoted in London to-day at 51I
pence per ounce. which IL decline of Ia pence
from the price OF day before Yesterday. Tho
Times OF this morning says OF Yesterdays
Transactions: Speculative purchasers OF n
week since fastened to reap the benefit Of tho
late rise. and the effect was to literally Hood the
market with metal for which no buyers could
he found. Business, consequently. was at
complete standstill tho greater part OF tho
day. but In the aiternOOni purchasers would
not give more than Odd, Mt which rate they
were met by holders. and moderate number OF
transactions were eventually effected.
According to the returns made by tho rail
rOudS tlle receipts OF WleNt NJ OnlcHgO since
Jan. / have been sSls .sG2 bushels. against
9.6l2.S91 bushels for the same time last year.
Tho subscriptions to the 4 q cent. refundinR
amounted to t7il 800 Total to date, $50 931 200.
Tho Consolidated Virginia Mining Company
has declared n dividend of 80 cents per share.
The Economist Of this week SAYS The dis
count rate 81 bank bills. sixty days. to three
months ia ~ q cent, and OF trade bills, sixty
days to 3 months, 1af0D2 q cent. On the Stock
Exchange there has been large amount OF ir-
regular movement tho net result OF which is
uniavorablc. Consols British railway and
gns shares. and Australian bank stocks arc
lower. Colonial Government bonds and rail-
way shares. and British bank stocks are mostly
higher. Russian and Austrian securities re-
lansod. reacting from the recent heavy spccu-
lation for n rise. There has been n heavy spec
ulation in Mexican bonds upon rumors that
that Government intends TO como to some ar
raugcmcnt with its creditors. In American
railway securities the advances in Atlantic and
| Great Western mortgages, trusts. and extern
| sion stocks, and In New Jersey Central shares
| are the leading incidents OF the week. There
nre rumOrs that negotiations are on foot for n
unifcation OF interests between the Atlantic and
Great Western and the New York Central Rail
| count for the dizziness in Erie and Pcnnsylva-
! mia, and Philadelphia and Reading shares are
rather lower.
Yesterdays steamships for Europe took out
! largo shipments OF cattle and sheep. The Hol-
land for Bremen took 2GS head OF cattle and 52l
quarters Object: the Circassia for Glasgow. 300
head Of sheep. 800 dressed sheep and 200
800 head Of sheep. and the City Of Richmond foI
| Liverpool. 200 tons OF dressed beef The Cali.
| fornia, which sails tomorrow, will take out l3t
| head OF cattle.