New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1888-05-03
NETWORK DAILY TRIBUNE THURSDAY, MAY g. 1sa TEN PAGES

Old asSss isss amount ps,d. ..... 2.7sssss a7oLs29
Accrued interest on 1aoado Rail- 1900. vo- ON
p:Ss!.s; ss.. Ssi:s.:: sss s:.s s ssss
ss s:a; s ssssss ssss ssss
ro..l genera, liabilities ssssao75o ss7ois7ss
Grand total Of liabilities $50 soe 1855 sI,ioizoso
ASSETS.
900 900 for reserve sllssS2H slls239s o&
s..s. SssH :s... a ssssss asa
Total gold and currency. ....isssisas si.zs7s.sos
.;:! ' tsssss '' Sss9s
Total available "lvsr...... ssoSsaSos sSi.sSs.so4
B: s ssi sssa s
D:ss:! .s';.. sssss
Nssavaiisois balance. .slOt57soso sIlo94&s7o
=, Supplementary to the general statement above,
the following gives the particulars Of gold, legal
tenders and silver In the Treasury, and the out
standing certificates as OF April 80, 1887 March
81, 1855, and April 80, 1888.
Coin and bullion ontssandins
Apr so. isss..... siSsoI2si sSssi.2ss 2iS.23s,ss4
LEGAL rxSDERa
Notes Outstanding
III. % 2s = y
&ss ssss ssSssH ,5 ss s sasisi9
SILVER
B Bs,:: on hand ss:si i$ss s5s
Tss: sas 1888 sa1aoo2asO sa4eOssssS
nsAses.. ls774o4so ieio2a44o io.a2esss
X" silver. s7sis275s s5o,ss5.soS ssioeavO4
by the foregoing 1t is shown that the net legal
tender cash In the Treasury's vaults on April 80,
!SSa' was $279,31 O. $50, and April 80, sSs, was
asdScss an the Of d AS 80
standard silver dollars tsss 900, ooO and it is seen
been in the sweve mons
despite the much fallacious talk about Treasury
absorption.
. The Treasury received offers to sell it s775,sOe
s4ss3oo, making total purchases to date,
eS,4S2,490.
FEATURES OF THE STOCK MARKET.
To,day's stock market was unusually ductuating
and feverish from start to finish. London, in
stead Of opening with response to yesterdays
buOyance IN the home markets, came with first
quotations weak, followed by still further de-
clines at 80 o'clock, London time. London also
was a free seller in our market. Conse-
qutntly our prices opened with concessions Of
I-4a1-2 per cent from last evenings closing figures,
which induced further realizing by longs and fresh
sales by shorts A smart rally followed
the first decline OF l-2al l-2 per cent; in
some cases the recovery was full But not
unnaturally, after the advance of the last three
days. the early movement had unsettled the
speculation, and the rally was succeeded by a
steady decline, which continued to the close.
The = react on' so long predicted has come; how
much further 1t may extend is problematical
But all the conditions favorable 10 4 continuance
OF the speculation, after a rest, are present that
were at its inception q month ago. Owners Of
Government bonds now not selling them to
the Treasury because of tight money, but because
Of readiness to make other investments, and
nearly 1000, 900 for other investments have
come out Of the Treasury during the last ten
days, only small part of which is reflected in
the Treasury statement Of April 80. 1t was after
the London market had closed that it became
weakness in London and its free selling was a
report there that the Erie Company will default
In payment Of interest and that finally receiver
will be appointed On the authority Of President
King, Of the Erie we say that the report is abso-
lutely false and without grain of salt for its
foundation. In addition to this official declara-
ton, there are other reasons for believing that
Erie is easier In its finances than it has been for
years. This report undoubtedly had some effect
In the late dealings In our market which closed
feverish -
WHAT WAS DONE IN BONDS
Governments were dull Annexed are the clos
ING quotations: