New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1882-07-08
those for tho Is. Annexed arc the closing quota.
tiOns:

Among State bonds Tennessee Gs developed con.
siderable strength ia late dealings and closed a,
56s4a57 after selling at 56l4 655ai Virginia 2,
deferred sold at 10. OF city bank stocks, forty.
four shares Of Fourth National sold ut I22
weli-distributed business was done in railroad
bonds, but generally only in small amounts Afev
issues. however, were active, and for some higher
prices were recorded. Erie second consos
after moderate amount Of transaction,
closed i lower at %, the funded 81 selling
at 91i2 Missouri, Kansas and Texas frat
conSols were steadier at 10SG1O77s but singl,
transaction in the seconds was made at an advance
of % to 6fl2. Central Of New-Jersey consols vera
Z lower at 10. Chesapeake and Ohio currency
deots declined from 473f TO 471s047l2 tina
hrst series selling at 81. ST. Louis and
iron Mountain new IS rose from 77l2 10
80, and Texas and Pacific frsts Rio Grands
division, were unusually active at S4os0s54Gs5
against S4's yesterday and the incomes Of old linz
were q higher at G3l2. New-York, Chicago and
1t. Louis trsts were Il higher at S4ai. East Ten.
nessee, Virginia and Georgia consos sold at "a 1885,
and incomes at AZ. Richmond and Danville Is sold
at 97&N0ol4, International and Great Northern IA
at sSl2GS9, Richmond and Allegheny iirsts at s37s
and Louisville and Nashville consols at ll7Ioa
117l, and first New-Orleans and Mobile IS al 90
st. Paul, Minneapolis and Manitoba irsts, Dakota
Extension, recovered u per cent TO lOsl2 81.
Paul and Omaha consols were up Il at 1882. and
st. Paul consols sold at 100, firsts Southern Min
nesota division at l0Sl2 and firss Chicago Pacific
and Western division. at 9Il2G9l3l Chicago
Burlington and Quincy, Iowa extension Il, bronrbt
S7a5. Denver and Rio Grande firsts were b higher
at 1928, Northern Pacific firsts steady at lOOaL
Fort Worth and Denver irsts Il higher at %, and
South md Dooif fret old
G1Oll2.
The business of the Sub-Treasury for the week
ending tonight includes the receipt Of $6,3O9,9Ol
and the payment of sly S5s 200. The result iss
loss to the general balance of $11,54s, 3j9, and
leaves it at $s7Os2,3S4, against SOS ,G3O,743
June 80. The particular changes of the week vera
"A coin loss of 81 392, 1873 and n currency loss OF
500. 1926 Io-days transactions covered: Receipts
05i debit fys the ' cuen cs
balance, S5,o97,777; coin balance, $751;
1S4,6O7, The statement of averages TO
be issued by the Clearing House tomorrow should
very fully gam, reflect the SubTreasury's loss
for the week, because a very large proportion OF il
was IN the banks last Saturday and fully three
fOurths of it was counted as money by the banks al
the close of business on Monday. The local money
market to-day was steadier aud rates ruled at 80
2l2 per cent. The domestic exchanges Oh New-York
as last quoted.
The Clearing House statement to-day IS az fol.
lows: Exchanges, SlO727l,343; balances.
S6.2l0,3j3.
1 he United States Treasurer at WASHINGTON to-
day received SIP 600 National bank uOtes for re-
demptlon. The customs receipts were : ,U:'S,70
and the ntcrnal-revenue receipts were Sl92,9jl.
fair amount Of business was done in foreign
changes Tor to-nOrrOw's steamers at full rates. The
market vs. rather firm for actual business at the fol-
lowing quotations: Bankers bills, - 50 and 81 50
for long and short sterling respectively; 0l9l4 and
. Is for francs; 945s aud 95i2 for rcchWaTks, and
10 and 4U3s for gulders.
In London British cOnsols were Is higher for
money and Is lower for account, both being quoted
at 80 1916 United States As are reported as be-
ing - per cent higher at 122, which Is rather
singular i'll the face of yesterdays decline III our
market. American railways were fractionay
better in response TO yesterdays advances IN tho
home markets. but the market was reported dull.
At Paris French 3 per cents rose from ol.l2i20
S1.lO to 81. 40 and sight exchange on London was
higher at 20. IL francs to the {.
From the advanced sheets of POOrs - Manual OF
Railroads" for 1882 we extract the following inter-
estng matter:
railroad affairs. Within the year 9,35s miles Of ra-
road have been built the greatest number Tor any one
The greatest mileage for previous was
1879 miles, In ISL The cost at $4,000 per mile, II
The lines consrruced during the year was S33 100 600
In addition least S75.0O0000 were expended on lines
progress and 500 100000 which Ii AT the rate OF
only $1,000 per mile, on old roads, iii improving their
tracks, III building stations and in adding to their
equipments. The total amount expended ia construc-
ton during the past year. was, in round numbers,
S4O0,OOOOOO II now seems probable that the mileage
be open in 1852 Will equal that for ISL Up TO tina
lat Of June 1852 3,677 miles OF line were opened,
against 1874 the period in 1881. The sams
OF increase Will not be maintained for the remainder
the year, but the aggregate for II or new mileage
not likely to BE- much or 10000 miles.
The earnings OF al the roads IN Operation IN the coun-
try past year. cqualed S725,325 49, being an In.
crease previous year OF OOO-the rate
OF increase being nearly 10 per cent Inc earnings
equlled $l3 90 per head OF population. Their net
earnings ~7O, sd, 49, increase Of 81 100000
those Of 1850 Their current expenses were S4J
JGJ OIL. The OF interest paid dunn. the year
their funded debts SIPS, So7 ,OO2 tue amOunt
paid in dividends was S933442OO, against s7llo,4ll
for 1880.
The cost OF operating railroads for the year Was
S449 OIL 81 per cent OF their gross earnings.
The total expended in the ion OF new
lines ana in operating ard improving the old wA
over $3.50 OO0tHc greater part OF this be-
ing paid IN wages. Tine number OF persons employed ia
operating them the past year averaged fully ~ 20 the
nile of operated line, 100000 Ia all e nunOer
employed the construction OF our rarO IS cquaed
400 900, increasing the total number of employees 70
100000 OF thirtysccOnd part OF oar pOpu-
laton, estma ed at -. 100000
statement showing the number OF miles OF railroad
constructed aud operation each year IN the United