New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1883-08-31

sour, Kansas and Texas trst consos were OF % ut
104ss the seconds were q lower at 3d. and general
mortgages were down Il at H. Chesapeake and
Ohio 6rsts, series B, were up Il at 92L New-York.
Chicago and St. LOUIS first 6s declined 80 to 90os.
and later sold ct 1000997s West Shore and
Buffalo IS recovered from 69l2 to 711. but at the
advance the supply met the demand. Ohio Central
frsts sold at 75la075; Terminal firsts at so
and incomes at IA. The company has decided
to default on the first River Division
coupons, due Sept. 1. This decision may lead the
company into serious complications. because
although it was well understood that the division
could not the interest the bonds before the
bridge over the Ohio River is completed. the
So 600 900 of the bonds which has been issued was
marketed with the understanding that provision
for the payment of one years interest, pending the
full completion of the bridge and extension OF road,
had been made. The subscription to extens on
for each $4,000 in cash paid received S. 900 first
mortgage bonds: $4,000 income bonds and $50
shares of Ohio Central stock. So that the first
mortgage River Division bonds are backed by an
actual cash investment. and made within the last
year. of 1925 for each 800 of first mortgage bonds
issued. Yet the bonds are selling at 40 cents
on the dollar East Tennessee, Virginia and
Georgia incomes to-day were moderately active
between 80 and 3Ol2 and closed at 3o4. st. Paul
927s Chicago Burlington and Quincy debenture
5s sold at 80. Denver and Rio Grande consols
were up from so to S0a40S0io. Texas and Pacific
incomes were Il lower at 52i2 aud Atlantic and
Pacific incomes were off u at 25. Northern Pacific
hrsts were feverish between 1929 and 1O2 and
closed weak at 1925 but Oregon and Tra aI
and Denver rsts declined per cent, but recovered
and closed unchanged at 6S.
The Sub Treasury to-day lost on b1ance
$323, 62O, made up by losses of $2l3,197 coin
and S110,423 currency The days transactions
covered: Receipts. S6S0,SS2 payments, S1,OOl,-
5O2 currency balance, p693s,4S2; coin bal
Exchange IN abundant supply at ga per
cent. The domestic exchanges on New-York at the
places named are quoted as follows; savannah
lea Il premium Charleston. ls0 a premium New
Orleans % cents discount for com nerclal AMI
$101 so premium for bank ST. Louis, 90 cents
discount; Chicago 20 cents discount; Boston.
17010 cents discount.
The Clearing House statement to-day was as
follows: Exchanges. $1l 1902. 1877; balances. 3d.
73O,541.
The United States Treasury at Washington TO-DAY
received $44l 900 National bank notes for redemp-
ton. The customs receipts were SoO7,9l3, aud tine
internal revenue receipts S9l2,721.
The foreign exchanges are still dull and an " alb
sence of commercial bills is again complained of.
Rates fair at unchanged quotations for business
as follows: Binker's bulls, "a S3l4 and 81 1854 for
long and short sterling respectively 25Ss md
% for francs "a and 94s4 for reichnarks; 39os
and 1913 Tor guiders
The Governors of the Bank of England at their
regular eek meeting to-day made no change IN
the banks minimum rate for discount and 10 remains
at 4 per cent During the week the bank gained
f395, 900 bullion and the proportion OF ITS r s,rve
to its liabilities raised from as 11l6 To 40 9-l6
per cent, against 80 316 az this date last year he
bank made AL additional gain of f75.OOO bullion
on balance. No report 0f the weekly statement OF
the Bank of France has been received. Al the Lon
don s ock Exchange British consos were is lensr
at 100 3-l6 Tor money ana at 1904
tor account. United STATES bonds were steady;
As at 122os aud i2s at 1853 American RAILWAYS
were all lower after rally closed weak at the
lowest figures AT Paris French per cents were
down from 1905 TO 79.S7l207990.
Messrs. WnslOw Laner ~ Co. advertise the
usual long list of securities which they Will pay
the September interest.
The coupons OF the first mortgage Eastern Di-
vision) bonds of the Texas and Pacific Railway Com
pany. due September l, will be paid by the rrcan-
tile Trust Company.
The gross earnings of the Burlington Cedar Rap
Ids and North Railroad are reported as follows:
1881 1882 1888.
Npmher of nile. IA $40 600
Third week OF Aug. S89s51 s4e22t $50