New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1880-03-27
THE MONEY MAKE T..


merchants generally tT2Erl'''t H.--ii,''- -'
or conrse. AL stock transactions, Intending l'an@
were carried over until tomorrow, and Therefore
there ore 10 quotations FOR call oars. ~ All error
Of ] o per cent in the memorandum al Wednesdays
closing price Of Louisville and Nashville stock we
were led Yesterday into the binder of quoting iHat
stock as showing decline of BE per cent iu7iehh
Of an advance of Gls per cent. Fortunately We arc
able TO correct .he error before another maT"e' "y
and II is not of hc slightest consequence 20 inc gu
eral market whether Louisville and Nashville stock
is mp or down 10 per cent.
The transac,ious AZ the subrrea cry for TIE week
ending tonight include receipts OF S7,GlGl3i anu
payment, Of IS. 100 IL. resulting IN loss TO It's
general balance Of $j74.277, ana LEAVING II ~
Sos sos. 77G, against 81 Oo3 haicn H. ~
particular changes of the week are losses OF
1881. 77S coin and Sl2499 currency. These re-
suits include the payment for the purchase oil
70 600 900 of bonds and the prepayment OF large
portion of the April interest on the per cent bonus
If +hc bari- statement Of two weeks ago had been
| satisfactorily explained. the foregoing figures
would indicate that to-mOTow's statement womb
| show only moderate change 10 The toial reserves
| The customs receipts at Washington to-day were
S712 43l. and the internal revenue receipts were
! 1921 1Gl. The following i ire Clearing House
statement: Exchanges $l292Oo,ooO; balances
| 1921 G76. The transactions n the SUBJ reasu'
to--a, covered Receipts S1.1GO579; payments
80, 15S 49i: currency balance. S5.5l2.693; com
| balance sos, OS604t.
TIE fore u exchanges are tnil hIt the iate5 "e'e
! strong ~ previous quotations
The New-yo1k, Nev-Engnud and Western In
vestner Company, Of Nos. 81 and 33 Pines, has
| been on horned by the authorities OF the Guy OF
| Toledo 10 conduct the exchange and payment OF
! the new consolidated funding bonds. These Donds
have thirty years TO run but are redeemablo at inc
option of the city Gftec twenty years. lhey pear
interest at per cent. payable semi-annually ID
tins citv and are issued be used IN exchange ior
tho bonds of tho Cit water-works, Toledo ana
! Woodvle Railroad. and other bonds oi inc
city which have he'n retired on account OF
| iufo11naties connected with their Issue ln'
! company has been given the power to denver
new bonds IN exchange for the Ola ones '."
pay par and accrued interest N cash Tor the ola
bond. 10 such holders a. prefer the cah TO the new
bonds The company also acts as the agent in
fun, ne and reorgan-zinQ debts Of municipalities
railroad companies and other corporations.
o, W lncsGay the Governors OF the stock TX
change admitted 90 dealings az tie Board the fol-
| lowing socuriiic-:
District OF Columbia funded 8. Of 1899. counon
| and registered bonds. amounting 20 ~, O"2,3pO
issued under IN net ct Congress OF June 10 1879.
which expressly tipulates that ne act shall not be
construed To- make tnc United sta.es liable either
for prin, pa or interest. Interest IS PAYABLE Janu-
airy and july IN eacl year by III, Treasurer Of the
United states.
81. Paul end sioux City ha'lmad-An additlonal
amount of st mortgage bonds and Of preferred
and common stock 20 zoe issued ou railroads
acquired BY purchase. naneyi First mortgage
bonds a. tho rate OF $1,000 per mile, on South
| saltwater Branch six miles; Omaha and Northern
! Nebraska C3 miles. and CovngtOu and Blaok Hills.
twenty-six miles: total S95O.OO0 o. first mortgage
bond- bearing per cent interest per aunuin. paya-
| Die Aps and October IN each year, the
bonds beng OF even tenor md date with
tho bonds already issued upon the main
line prcfcrred and common stock. each at the
rae az so. 900 per mile. on -. Paul saltwater and
TAYLOR Falls Railr al. 272I miles Ola miles Of thi-
| line arc mort gagged 10 secure 1894 500 per cent
boa,,s which, w.th the 100000 to be put on the
six mile, saltwater Branch. before referred 10.
| makes a total Of S9l 800. $4,000
per niie OF mortgage on tins lines Hudson ana
River Falls Line II mile lthi- nc ls mortgagod TO
secure lie payment OF $40 600 per cen bonds;
Omaha and Northern Nca1ask4, 63 miles; and Gov
ington ard Black Hills. 26 miles total. - 2s7. 500
common stock and ~ 2s7 500 preferred stock.
| Pittsburg, Titusville and Buffalo Rsilr.' Pre-
| 5crred stock, $4,000 divided into 1900 shares
Of $50 each lS4sO3OO issued; common took.
OH
| e4ch b..urd SO 339 ZOO. T1c coupsur vas organ
ned February rs, 1850. by ~" cons" dlron of the
Pitisbufg, iitusvile aud Buffalo RAILWAY COMPANY
| and he j. u@lo. Cnauihuqua Lis" ana flttapaTg
| kalwa. Company, the former company naYlnE
been urganiz,d January n, 1876. The ,oad ~ TOW
orrluized e. tends from IroctOu. y. y. tn IrVInr-
| ton. Penn. VIA Cory AID Oll cry, l39 miles; rom
| Union penn, 10 TryoIville, Penn. - miles :;
sldi res 80 miles: total length ~ full operation
1876 miles hc rolling STOCK consist ot - ocown-
tlyee p passenger. NAL ana sSgg'g car, $HI -
iroight cars. The road r. bonded b. several d,yt-
onal first mortgages 20 the amount OF ~ so, 600.
! and by second mort ags tor ~, )J,VOO; tOtai,
~. 5s5 coo. or S20333 per mic
Central Iowa k~llr 0ad-tTsi mort gage BONDS bear
ING ppr cent interest, nav able January 10 audJuly
- each year. SO. 700 0OO coupon debt certificates.
500, 900 uteTest PAYABLE APrI u and October 10
IN o,ch ,ear, when earned, a. rate not eKceeGi4g
SpO7 900 IN shares of 800 cach socord pr"-
80 stock. 81 l6o, 800; common st"ck - O252uO
sued. The oupanv's road - 1S9 miles ~ LENGTH
| fflO NOrllWO 70 Albion, Iowa.
| Louislana and Missouri Railroad Preferred s'ock
| III hbares OF 800 each, Sl,OlO OJO; common
| stock p 272.2OO. The road eItoid- from Louis-
| lana 10 CEDAR Clty N 5Sourl, distance OF lOl
miles connecting at Louisi2na with the ChIcaao
aus Alton Ral = ,ad and AT Mexico with The Kansa.
| CITY, -. LOuir and Chicago Railroad. AM forms
| par OF the Chicago and Alton Railroad Company s.
| iiLe rom Chicago and ~ Lonls 10 Mans Ciif.
The bonded debt OF the company - ~ ,ollows ::
| Ftsi MORTGAGE per cent bones, 81 $1,000;
second m9r'gaee per cert e s1cS 700 600
, | 81 4l3 100 or S23, 500 per mile
81 b.. ais. yaudalia and ierro llsur~ Railroad-
Frat NOR gage guaranteed per cen bonds % lS97.
81 500 900. guaranteed JOINTLY by the Icrfr ,lautc
anl Indianapolis. G.. c. and l. and Pitt,burg.
| Cincinnati and ~ Louis Railroad -ocoud mort
gaRe pr cent bonds of 1913 ~ 900. 900 second
mort gage guaranteed per cent bonds OF
1893. guaranteed by the same COMPANIES
whch guarantee toe hfSt mortgage bonds.
The company railroad extends from he line divid-
ing The STATES Of ludiaua aud Illinois, al the point
Of connection with the lcrre llaut" and Indian p
ols Railroad. 70 East ~. LOUIS, where Il connects
with the =. Louis Bridge. and other railroads con-
vergine at East - LouIs and st. l. Ms. The length
OF line 1880 miiis, with 2oslo miles 81 side
tracks. OF the man line 12SlO miles are land with
steel rails and the remainder viii DO laid
with this class Of rails ~ fast as practicable.