New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1886-10-01

The conservative element the Lake Shore direction
carried the day and decided that dividend should be
declared at this time. A usual statement OF the
eompanys business for the artcr furnished for pub
catiou official figures stockholders must wait for
the official report I'LL about October l5 but II is under
stood for the quarter
parayey as favorable are New York Central
and Hudson For the year ended June 80 the Lake
Shore Company he'd earned Sl.354 los or 7-i0 per
satemen; that rs earnings Tor the last quarter
favorable as are those OF the Nsw-York Central and
Hudson River Company Is true the failure to declare
dividend at the time seems to be an excess OF prudence
No statements are given cut for Mchigau Central ana
Canada Southern companies but in general way 1t Is
said they are highly satisfactory. T..
socx %a.He. mas gwen a
advances that such declines from last evenings fig
selves Aside from the general oearish" proclivties
OF board traders the money question was an I'M
buying because developed desire of certain large
operators some of whom hold Influential positions III
change The money question IA discussed further on
closed al Co., against s2e early in the day and it is
exceptional IN making Tor the DAY; its una
souihern after selling up to IS, at SEA finally
gain of per cont Michigan Central sold up TO 81 =,
bus. Cincinnsn and IodsSapoIis after 6e Lat 64
gain Of The coal stocks o were sa 2.' fb nat
dsphia aud Reading. after 81. at 56t is down 50 per
ss and Norlhwe.tern after iisa s. give.
Of e per cent. New. York and New-Englsnd ruled
posed-.not BY the New York and Ncw.Engiand Com
pany. but by the other compancs-and what probably
will be carried out In due time Ia mutual consolidation
Of interest which viii hold control of the rail tram
betwssn Eastern Massachusetts and the Hudson River
The onlof the New York and New Is snch-
its with the Erie at Peekski ana tue
limo clty-has been recognized by the other
Last and West lines of Massachusetts, and Connecticu
ana IL Is those lines ana not the New YORK ana
New England which doing the solici Ing
Western Union went with the other market and closed
Of after seIirg At 744 y cent at 73se Tue mar
ke closed the lowest prices OF the day with the tenn
ner Of room traders decidedly beartsh.
or unlisted securities dealt in at tho Stock EXCHANGE
Cation seed on cerhc sold o. ZOO at 55 2d5i 55h
American Telegraph and Cable 900 at "a 2.tMexcan
National Il Gle rs, ST. Louis. Arkansas ana
Teras 1900 ut lsi2alsA, Brooklyn Elevated firsts
40 600 at 1O4a, Mexican National frsts lS73OOW at
39i.d39 aud st. Louis. Arkansas and Texas trsts
ISIS OOO at 90 d9SA and tsSo.ooo) at 4osa4o4@fo's
THE hand OF manipulation to-day was clearly devel-
oned in the money market and II we had before us the
dsys cearance sheet OF the New-York Clearance House
lis probably might be easily traced mere IS 10
Legitimate for being barber and the rates
bigher than they week ago. but the conditions
are such that strbgency may be easily pIouueeo.
Tomorrow, however, the treasury WIN pegln tne
nayment 81 900 600 interest on the per CENTS ana
mat with the redeem any portion OF the out
ssudng per should be sufficient 10 bafdc ire e
forts of manpuatOrs OF the money Market Holders OF
or moi obtain par interest for them, aud put the
out cent f0r six months, secured by an
abundance of collateral 40 that nothing would be iost
for remaining six months, possibly lie or their
bonds the money remsiued idle To-day's call loans
ranged 10 per cent and closed AZ per cen
The Sub Treasury today gained SlS3Ooi on balance,
OF S2235l9. Toiay's operations covered Receipts
81 52l payments, 1888 $50 resulting In pal
snces Of S26,345 443 corrency aud SlI'ooZSSo COIN.
Government bOnds at the ir1change were inactive,
eYcept in the up OF quotations Bids for the a.
are "a aud 4l2s le per cent higher Annexed are
the cosihg quotations: