New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-08-08
CLOSING PRICES OF CALIFORNIA STOCKS
san Francisco, Aug. 7.
CLOSING PRICES oF PHILADELPHIA STOCKS.
RAILROAD EARNINGS COMPARED.
"Wednesday. Aug. Up. J

htuutSuuy, aug - W.
The official quarterly statement made 10 the
New-Yorl State Railroad Commissioners of the
New-Ycrll Central and Hudson River Railroad for
the three months ended June 80 shows surplus,
after the payment of per cent dividend on the
stock of S24 $40, against deficit Of 81 81, G67 for
the same three months of 1883. For the nine
months ended June 80 the surplus over dividends
is SAL OLA against 81 1880 for the same period
of the preceding year. For the quarter ended
September 80, 1888 the surplus over per cent
dividend was $4,000 This year the first month
July of the new quarter shows gain in gross
earnings of 81 Of, 1913, which, on the basis of oper
ating expenses for the last quarter, indicates
gain in net earnings for the month of $50 goo.
The compnys balance-sheet as Of July 80 shows
gross boating debt, including the l per cent
dividend paid July 10, of S7,9Ol, 500, Offset by
cash and cash assets-eXclusive of supplies on
hsad- S2,43S, 926-ot Sj,0Ol, 600. This state,
mcnt Is an Improvement on previously reported
financial condiu0as but it still permits an oppor.
tunity to howl about "A net floating DEBT OF
81, 100000. Let us howl and pretend TO believe
that the company is in danger OF receiver. III
we don some one else VIII.
WHAT WAS DONE IN STOCKS.
To-day's stock market dub and some
what irregular IN its movements. lhe ID
FourS1 and the Chtsapeake and Ohio stocks,
however. continued TO make advances; their
fluctuations were sharp at times, but that wa
the result of sp smodlc advances, witch were not
in sympathy with the purposes of the principal
buyers. For instance when Chesapeake and
Ohio first preferred jumped from 6o IA to 6S "a
without Intermediate sale, it was not within the
Sc pc Of the manager, op ration 30 the de-
cline to IS again was made sharp had Dcen
the advance. The later gradual advance TO So
and Il closing al IS 81 natural and no forcei.
But the co.. mon and second PREFER q stocks
mark a final greater advance than does the hr,t
t.rpflr p ~ a. nti0pnpp Of
derd on the secO.d preferred So great that the
insid ,r> depfes, The first preferred in order 10
me they hive held the Biz Four preferred .
per cent eek at about 100 10 buy the common
stock at from 90 up TO "A. In the enc al
market the bear leaders turned thoi forces on
20 Atchison, Topeka and SAINT Fe, VIII e theg
tried to reccup in Phil ,pha AMI Read :.
kesult--Atchi- on 3-s 10 or than las nigh with
an enlarged hort interest and Philadelphia
and Reading, with small transaction, IA per
cent HIGHER. The days market was almoS' en-
irely in the hand, of profession Is, who, being
yourg and green" in sock speculations, r.
gard The advGnc of I'll, la fe da's as some
thing fabu Gus, and mid ntly look f,r re
action" With LARGE majority Of OIL and young
speculators. dull mark indicate de inc ex-
actly as cd fossils VIII writ scntenuo sly upon
the fnrncial ,ituati n entirelr ig7 ro tho fact
lliat the Treasury each month add s? 100000 t,
the leeal money Of the county, and thit ou'
gold mines turn out S3',On0,000 per an7un n. The
ST elk market is dui because so few stocks 9re
offered and because huycrs are di gust'd IT tn
smrH quantities which can b. ac unulated at
current quota ions. Now they say th'' f bust
ness was active. monev would not beGg'rg at
3 per cent. Ne tierYonld it il tn satut d. I
comrel a monthly imitation OF 81 60 900, aul
the country d no gold min' producing ovH'
$50. OO0, 900 e-ch year Gu gid crop is onlr
little less than one 'enth of our wheat crop on
is new money and tn" other i consumed a no no
or abroad. Now ith, landing a m@dor'' e r'i1 or
values in the l. q fev mnutNs tn m'rlln Q
.trong ar somethino Oft Of highc.' rri'Ns, eXac Y
as il has done for the two pr 'c"din- DAYS.
THE DAY IN THE BOND MARKET
United Stats bonds were eu'irrly reg &c =
while the quotations were held steady a. folio