New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1881-08-26

20 Is lgo5..f. 126 127la Ohio Central Inc: AZ ASH
, 2Si q l NSs con leo Peoria Dc Evans.
5s 1Se Nash &C: 1917 ia HS och? Pitts Inc e
Gillian br i, 1907 1l3 stL4IMTs LIST es1
LOUIS Y Ia 5s E: 1o5 St I pFeSfns "Si
I%1s Is. 1851 S5n Gen 1881 lo4 stsr int
IqaisS Sash ~ rd r. pain ase; IS 50 80
Ike * W LIST Inc 0s--.-.---. ." |
6s 1919 ....-.-.. 1O9la E.
The following are the quotations for securities on
the Free List:
Jefferson 1stm7s, 49, lN;Y.&TexasLand a. 40
MINI & St Louis 90 20 n y &Texs sda 90 %
Iowa Ex lst Is 10 Ill tOga +. . -; 40
guard IS is99 lO9 1o5 LIST l9lO..... 81 |
The Sub-Treasury TO-DAY gained $3S6,276 on bal !
snce made ND by gains of $362,534 com and
1913 742 currency. This makes the total gain since
last Friday So $50, 543. inclusive of 100000 coin
from San Francisco Money early loaned at l-64
and interest, but was III better supply and
the bulk of the business done at sac per cent,
with the usual late quotation of per cent. The
Treasury at Washington has received in all
$5,OO0,000 of the registered 5s for redemption.
named are quoted follows: Savannah Il dis
count to par, Charleston, ls0 Il premium; New
Louis, 81 discount; Chicago, 81 discount; Bos
ton, 10 cents premium Inc 11itc o 81 Sta'ts
Treasurer at Washington received $3o2736 IN
National bank notes for redemption; the customs
receipts $713 1913; the revenue receipts were
$500, 1876. The Clearing House statement to-day is
as follows: Exchanges. $161,551, IA balances,
S4623, TAG. The transactions at the Sub-Ireas-
STy SoT 96 EsSeRtb balance 3 coin
The situation of the foreign exchanges here is
without change. The posted rate for 60-day bills
further advanced cent to the t, but the rates
S STEADY tor long and a%h%F r & S a.
lively for prime bankers long and short sterling;
26a . 26a and $2 2 sS - 2%9 Sr francs
The governors of the Bank of England ut their
weekly meeting to-day advanced the minimum rate
Ior1 from z 10 Las
bank did not advance its rate above 22 per cent I'M
til December9 During the last week the bank lost
GS000OO bullion and the proportion OF Its reserve
to its liabilities was reduced from 43ss per cent,
week ago, to 51'1S against 522 per cent at this date
also advanced its rate for discount to per cent.
At the London Stock Exchange the markets were
very irregular. British consOls first advanced TO
100 and 100 ZIG for money and account respect
lively, and later declined to 80 1916 and 1913:
United States per cents were steady at 1872; II
the other issues no quotations are received. Aieri
can railways generally opened higher. but the adj
vance was mostly lost before the close of the day.
The Investors Supplement for August of The Com
saacal and Financial Chronicle contains interest
ing and instructive table showing in detail
the amount of mortgages on stocks of railroad and
telegraph companies that have been issued or sub
scrbed for thus far in 1851 We extract the follow
ing:
And first it should be stated that only those stock;
and bonds known to have been issued or subscribed
for and shortly to be issued, can be included
in the list. thus excluding considerable amount of
stocks and bonds which may have been issued and
taken privately by this large railroad corparaton
(e G. the Union Pacific on their branch lines con-
of new stocks and bonds in sight" to which, per
baps per cent should be added to obtain the full
ss 20 tne c0 0eW issues are
CIR estimate, and when bonds are exchanged fol
Others, or simply represent past existing hens they
not included.
The amount of securities put forth in the period
from January to Sept does not bear any clos
relation to the miles of r3lIroad constructed III thu
same eight months, for the reason that many OF th
loans have been subscribed for, above stated
to complete work away into the year 1882 while, Oh
provided for by funds raised in 1850. Tn
actual amount of road completed this year to Sep
tember / may be stated in round figures at $50
miles, which has been done mainly in four months
outlay OF $4,000 per mile, or $7O,OOO,O0O II
borrow commercial phrase, the tables below shol
1SSl-the visible supply" which has been prepare
to satisfy the ravenons demand for new securitit
From the footings of the extended tables we hay
the following totals the result of the investing
ton:
Stocks and bonds issued or subscribed for 10 Sept l. 1873
M SChSs. 1 6"nGs' Stock
new road ....... 1921 $4,000 s257592OO sl4887oo
purchase OF other
solidation -. 75,l69OOO 2l,5oO,oOO 147Ol52
consideration 4.925,OOo s2,7Oa7
Grand total. s206 352 900 So, 484,2O s328O93 o
Thus have grand total of new stocks al
bonds known to have been ssued or subscribed tC
thus far IN 1881, OF $67O,930 100. Whether I'll
enormous demand for securities remains to
seen.
What amount of cash is actually called for on I'll
total of about $671 900, 900 of new issuesi In t
first class, for construction of new road the MOI
gage bonds sold at or near par, and call
full value in cash-say $221 1873 900. The iucoI
bonds call for nothing, and were given as a BON
The stock represents nothing, except i'll those CA
where ii was subscribed for alone and no bonds W,
issued, for where III two cases. the stock was pi
for in full, and bonds gwen rs bonus this anou
of cash Is already counted III the bonds and IL
out of Sl43,370,O00 stock only $13,5O0,OO0 ca
for cash, which, added to the above amount, nal
$234, 6S3 900 as the total cash paid or TO be p;
tor construction of new railroads In the Seco
class which consists largely OF the increase
stocks and bonds issued OH consultations, or
payment of a small part of the face value it is OF
possible To estimate In each the cash called
and the total arrived at In this way is $3.50 1874 y
which, added to the amount for new construction
above, gives grand total of 1888, ST. 200
anouni of cash required to meet the payments
railroad and telegraph stocks and bonds issued
subscribed for up TO September of the cuTr
year. The issues of the third class are OF course
clear gift, and call for no payments.
The gross earnings of the Louisville and Nasty
Railroad are reported as follows:
1880 1881.
Third OF August. $4,000 sl955oo Inc. 10
Jan To Aug 2l....-... 6,O59,llS 6440lO5 1881
1herecelpts of hour aud gram at tns priucl
Atlantic ports this oath day Of August We're
Flour oor. Canal is75s ' s5y Pa r also BIOS;
whea.busn. 2o2, 500 i5o,54o . l5se78 464es A.
os.s. bush. Si,iOS 4S,sso osi 292o 500 q
Barley yT BUSH ..... 10000 go ..... ...:.
Totalbush. 2ssoOo 235.sl9 l,2O0 l67.9s2 $1,000 oS
The following the receipts aud shipments
andtrom Chicago and Milwaukee to-day:
Receipts shipment.
,,,. c%s ago Mnw ak3s, on ss goa NAV,