New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-01-16
syoRK DAILY TRIBUNE WEDNESDAY lSSTEN PAGES

cat,se security ia called unlisted" the Board is
not responsible for its quotations But II was tne
unlisted department that furnished 2 market Tor
the quotations and. sale Of Phoenix Mining. Inc
- unlisted" department cannot be aDolisned 700
quickly for ;. the credit OF ne S'o Gt
Exchange. II the Cotton Seed u' 1h
the very loose rules of the Stock Exchange regard
ing the qualifications of listed securiLcs
quotations of it should not be permitted WITHIN
the walls of the Exchange. The unlisted DEPART
ment is the growth of O pessimistry idea that all
opposition Exchanges must be crushed. IL mas
proved a boomerang doing more damage TO tne
Stock Exchange than to the enterprising Con
solidated Board, which makes no assumption ex-
cept to deal in anything that Will bring
into the boxes of its members. Whether the Cot
ton Oil certificates are worth 20 or 100 is
knowledge locked up in the breasts Of not more
than ten men; so every ductuation in them is
bonus to those few which the Stock Exchange
presents to the insiders for their permission TO have
them dealt in at the Board. To-day they sold
II 9,400) at 51a40 3-4a50 IA, and the lambs,
under the guidance of forty governors walked up
the slaughter, simply because knowledge OF tile
value of them was inaccessible: their market
value is just what syndicate. under license from
the Stock Exchange, peases to make IT, Steorgia
Pacific second conso IS sold $4,000 az %, VIZ
ginia Riddleberger Is 100000 at % -, ~;
Louis, New-Orleans and Ocean Canal $4,000
50 IA, Brooklyn Elevated 900 at 40, Toledo,
Peoria and Western 90 at II Br9nswlck Som-
Coal Il O0O) OF 30 Buffalo Iron 900 at 50 2o ana
Nt. Desert Land (6OO) at 81 5Oasl 81 Id.
Money ruled at 2 LIZ per cent; the extremes
The Clearing House statement to-day was as
follows: Exchanges, s139,972,327; balances,
S6,073,221.
Clearing House S609, 040. It's net gain on bal
ance was S149,435, made up by coin gain OF
81 90, 1853 less a currency loss OF %6,325 Inc
days operations covered: Receipts S3,104, esq.,
payments, s2,955, $50; resulting in a general
balance Of 81 361 Gas, consisting of sl4,s52,5o7
coin and 81 73,509,13S currency
REPORTS FROM WASHINGTON
The United States Treasury at Washington re-
ceived to-day S437,359 National bank notes for
The customs receipts were s4s, 2os-New-Yorlz
receipts not inland the internal revennc receipts
were s2T1,197.
To-day's Washington Treasury statement OF
cash on hand and deposits in bank compares with
the figures Of the last previous statement as
follows;
hand 4 gsp s pio ssss ss5
st silver 20 o. ia sSSisaO 2issasi7 1OSSsi
on hsad '-.e 2asssss5 acoeo14s Inc. 22oal4
Dspes: banks 'a9 .sSSs5s B ss sss
Net cash balsncs s2oR 7e51e7 sslssls
The foreign exchanges were quiet and steady at
quotations for business as follows: Bankers bills
at 81 50 Ia and 81 SO Ia respectively for long
and short sterling; French francs at 5.21 IA
and 81 1-2; reichmarks at % IA and SO "a,
and guiders at 40 and 40 1-2.
In London British consols were strong and
rose 10 9S l5-1 and 90 respectively fol money
and account The Bank of England lost IA, 900
bullion on balance. In the open market money
ruled at / 9-4a2 per cent between banks Bar
silver was steady at AZ 6-sd per ounce English
standard American railways opened fully re-
sponsive TO yesterdays late home market clos
ing easier on to-day's II o'clock quotations from
New-YorlI The tone, however, by private cable,
is quoted as strong AT Paris French 3 per
cents declined TO 81. 81 12 and closed at S2.s7 12,
and sight exchange on London ruled at $3.50
francs to the {
RAILROAD EARNINGS.
BURLINGTON. CEDAR RAPIDS AND NORTHERN
First week in jan $4,000 s47.s46 le4Ssn
ST. LOUIS. ALTON AND TERRE HAU"E
Branch LineE)
E Fi99 week. 4 % m Jan s15 s SIZES s1Ssso
EXPORTS OF MERCHANDISE FROM NETWORK.
Previously reported. S,9s24oo oeso7ss s2oSiS7
Total since Jan l. s12e44 JOB Sill e4s s1s9oS,s2s
FINANCIAL MARKETS
@ JsG s & and Great western s
Trustees Certificates 36 Canadian Pacno oyos
Erie 25a do second nsols l04 Illinois Central llsss
Money is >. az per cent ..,. ..... 49,.
discount In the open tnafkob iOt oO sn"ts ~
three months, bulls u ga per cent
account and cxehsnge on Lonaon AZ 20 ~nos
80 centirnes for checks -
s smonns q bullion Withdrawn Bank Of England
balance to-day Is 4fi.OOO