New-York tribune., 1884-02-26

IS .Iss ss%T rs s%T g: g: 1889 Isss is iss
Tscsfs Is ssy s'pss pss5 iss D''' 0''
The feature of the bond market to-day was an
inquiry for issues the principal and interest OF
which are payable 10 gold, and although the busi-
ness done in rstclass bonds Of that kind was only
moderate, there were better bids made than
the figures of the last reported sales for
several issues. Generally the market shows
few changes in prices that areysignifcant- Eric
second cOnsOls were steady at 94SsD94h, and
Rome, Watertown and Ogdensburg 5s we're =
higher at 717s. Missouri, Kansas and IeJas seconds
were up y at 90; the general IS were steaay az
81 7s and tine IS u higher at 6s Boston, Hart
ford and Erie rsts sold at 1904. Morris and Essex
gold consol Is were up p at I27i2; Canada south
ern first IS were steady at 99lo West Shore hrst
close were pressed for sale down to
54lt, and closed 54as sale and bid. Texas and
Pacific incomes declined from 49ll to 4Sl4G46a.
Judge Wallace to-day. in his ruling dismissing the
companys demurrer in the Maror suit for the pay
men of back interest in cash. practically sustanst tho
plaintiff claim that the option of the company toPay
the interest in cash scrip expires on the day the
interest s due, and that # not paid that day in
scrip il is payable in cash, The bonds dealt in at
the Board however, are those on which scrip has
been accented for the last two years interest.
Northern Pacific 6rsts we're y easier at 1913.
The Sub-Treasury to-day gained on balance $704-
694 made up by gains of t49551f coin and SOB
I4O currency. The days operations covered; he
ceipts - Os3 700: payments, 81 ,3ISOZ6; currency
balance es 443. .29l coin balance, Sllo,!IS,OZ6.
The money market for call loans ruled easy az
lloa2 per cent and closed with money offered at
the lowest rate. Lacking official statement
from the Custom House, the amount OF gold ex-
known quantity, but the highest estimate
Is made at S1,OO0,0Oo. Assuming thas
figure to be the maximum, an interesting
mystery arises. Since the opening Of business lass
Thursday till the close to-day -, 40O,OOO In gold
certificates has been presented at the Sub-lreasnry
and paid in double gold eagles. The exports, X
ba snfnnent
including 800 900 that is booked for to-lnorrow's
steamers amount only to Sl,4l9OoO what was
the other 81 900 900 withdrawn tort has hOarding
of gold coin already begun IL hardly seems posi-.
BILE because if there was any disposition TO hoard
gold the certificates which represent special de-
pOsit of gold are more easily handled than Is tne
coin and are Just safe 10 hold under any and all
circumstances. Hence the mystery.
The Clearing House statement to-day was as Iol-
52i.
The United States Treasury at Washington to-
day received 1888 600 National bank notes tor re-
denptlon. The customs receipts were S1oO,oS3,
and the internal revenue receipts Sol2,oo|.
The foreign exchanges were quiet but iirm at full
fcures Quotations for business are as follows:
Baakeis 6iiis' 81 Sell and 81 s05l for long and
short sterling respectively; 5.11os and 5.lo ter
francs; 05ls and 952I for reIchmarks; 40 and 4o4
The Lonqon market for British cOnsos indicates
an easier condition of money at the stock Ex-
change; for money they advanced IS to lOl 1915,
while for account they closed unchanged az
lOl 1916. United States bonds are quoted as IN
changed. Quotations for American railways were
meagre, but generally lower after the fashion OF
saturday home market. Reading, however, was
up 81 TO 303 which is the equivalent ot'o9oe here,
against 60 our Saturday night closing ngures. The
cable is giving us some curious quotations for bar
silver: one day last week the quotation was sud
denly reduced from 81 1510d to 5l 3sd. and to-day
it again is put back to 81 15-16d. per ounce. II -
not probable there have been any such huetntiohs.
The Bank of England to-day lost e29 900 bullion on
balance. At Paris French per cents rose to
76.37l2 francs. ..
gage Eastern Division bonds of the Texas and Pa
cific Railway Company will be paid on and after
that date by the Mercantile Trust Company
The Delaware Lackawanna and western Ral-
road Company, considering the extent OF IT'S leased
lines makes its annual statements IN form ana
manner that forbid any analysis. 10 What extent,
if any, the Indebtedness OF the leased lines has been
increased during the year can only be known atter
their respective reports have been made 10 tne
authorities of the States through which they run.
The cOmpanys report for the year ended December
81 1888 issued late this evening, Is no exception
to the general rule. 1t IS therefore submitted IN
comparison with those Of the two preceding years
without comment further than that the business or
1888 includes that of the New-YOrk Lackawanna
and Western Railroad-Bufalo extension:
BUSINESS oP THREE YEARS.
Year ended Dec 81. 1881. 1889 1889
'stsa sources '.O 38552s s27oO5267 ss2slseOs
oPsisaa E. r aaa .aes S1esu 1ses2se2 2oIsso7s 2aOoaOs
Net earangs......... s7.75586l s68i3lso se,72o55s
iatercst Hia4cs and rentas a55s4sG ss2O7O8 4s.ssa
Balance. e........... si,3O537O s3.22g4sl s4.77e.dl%
Expendiiitnres a,.i for T.con- con
meEt paid from earn o-,e,,
lngs- ---------------- ......-.. I07e,sIo
Balance Of profits s42Oj37O sS222,4sl ss7O6.7os
The compauy's balance-sheet for two years COM
paTes as follows;
BALANCE SHEETS
LIABnITIEs
Dec Dec, o. {;,op 500 so 600 s26200OUo
Bonded debt $1,000 4esa 4e5e sge
saFpn: EsnSS: aetaant ta9a SUIT OG9g7 iOsssSfs
sss556.e77 s4lOo7Os4
AsssETs
Railroad equipment coal lands, etc s32o12se9 ssoSs ssg
gaisT:: On D account, s2sPl s4s;l ifgssa22 f9sss2
s39.55G677 s4lOc7Oss
The accounts receivable and payable, The balance OF
which 1479S7 Is set down above as an asset ei Dece"
Der 81, 1882, are itemlzed as follows;
accounts Recetrable- ,,.,
Ss SosI on on 6aaa aaG Les. au market yune 5o9995
Advances 20 leased roads ....-..--.... lllIWIi
Advances coal TO be delivered etc .-letL
Assets \ y Lack. & ". Railwoy .-- l2j99OO
Loans and sundry accounts reeei'a- sos qso
bic ACKNOWLEDGEMENTS ------ s7.2529i
y>ss tcco,,1fs Pqygblc-
past due dividends, interest and ,o.o
D., r'I'ts' IT. Z " Dividend paya6iojan a. ..a--
Rentals entail IsTS1 payable after Jan -. l659siI
state taxes payable after Jan. l.. 427Jo3
December pay rolls payable III Jan, ,.oo
Bonds aud mortgages --....--.......-. t5io9o
I'nadiusted OF y. Y. Lack & ~
Vouchers due and payable after Jan 9lSl5H
-undry accounts payable after Jan l,zz9VVo
SunGry transfer accounts, since paid ozaSt4 - "a. o,
p.,.nce ............................ sI47,ss7
Excluding from the foregoing assets, the items OK
advances To leased lines and on coal 10 be dellv-
cred r--rovalties-as unavailable assets and the
companys floating debt in excess of its cash assets
on December 81 1853, was 81, ,O9l ,025.
RAILROAD EARNINGS.
CHICAGO, MILWAUKEE AND IT. PAUL
1852. 1883 1854
Number Of miles 4lU4 f-aSO zssV
Third week In Feb ..... S5ASO5o t3iOoju too1VVy