New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-03-09
CLOSING PRICES OF CALIFORNIA STOCKS
San Francisco, March s, 1882
TEXAS AND pACIFgCs ANNUAL REFORM.

~ ~
49, - = Friday. MARCH -8--p. NJ.
The annual report OF the Texas and Pscao
Railway Company for the year ended Decemp1
n 1888. gives its length as l.As7 miies. Inc
receiver of the old company surrendered his trust
and made a final transfer Of the property only on
October 81. 1888. During the receivership to
June i. 1883, s5,15O,s3e was expended for I'M
movements and betterments, and s626,l2e adj
ditional was expended for the same purpose and
equipment in the last six months Of 1888.
In the year ended December 81, 1888. the cora-
pany's net earnings were s1,493,65s. Hereafter
It's first charges win be sl,2sz.e4o.
On December 81, 1885. It's gross floating deos
amounted to s2,Is5,l6l with cash Offsets OF
SI.O2940i, leaving the net doaung debt as
sI.l55,757 But against this the Treasury holds
81, 1853. 600 new second mortgage bonds and other
assets of $4,000, besides s6,7os,A0o OF the cap
ital stock OF the New-OrIeans Pacific Company
Rate cutting and the lateness of the cotton crop
are the explanations presented for the returns Of
last year. which, however, are IN the net sioo@'os
The traffic Of last wear was: Passengers car.
RED, Sal 673, against 725,373 in 1879 gam OF
l183O0: the passenger mileage was 5S.oSl,syso,
carried. ;SE.ssy tons, against SIS, so7 in 1887.
o gain OF 1890 TONS and .he freight miieaG was
lao, 500, s0T TONS against l25, SIS gan
OF 23,969136. AT the raits Oh 100 one oas.ss,..
Of 1888 would have returned handsome SURPLUS
over first charges and betterments
WHAT WAS DONE IN STOCKS.
The stocl, market in its limited form is stin
responsive 10 Chicago influences. Perhaps II VIII
be we'll for investors and 70 accepe tae
Situation as is Is depicted from the chicago gram
merchant who at "a was great pear On
Nav wheat. but a week ago was inc piggess
an ex director OF Nickel Plate Railroad don't
lSnow probably is not worth finding out Smesgo
.dav FURNISHED its usual quota OF BAD news! ".
AN Trustworthy and sent from hearts oyeIIlowint
with sympathy for the poor deludea noi f,i -
stocks. III one-tenth Of the stnh winch Sn'csssv
has secured the publication or were rue, .nc nrse
~ 90 bonds OF the Chicago and Northwestern
PaiIroa6 would not be worth cents poaLu
a~oir5nnois And yet we venture 70 predict al h
the child Is unborn who ever Will I'VE 70 - ,t 80
dividend on the company's common STOCK isS' sA~
9 per cent per annum. ar, ,,,.. anl-.sz5aB
Aha DAVIS market was dull, giving only 40 80 -
shares for the total TRANSACTIONS punes sss sak
the bears happiness. With IL we CAL sh la a.
.S an without the issue Of any mate,@a 90
SS;,;ons IN ours short contracts, and Ne ~.
90 home and sleep better with prices on .s, 80
Cent Ger AT the close. Almost everything sS;n nH
3 ISio Fours and Cleveland, Columbus Un e.ad ~
and Indiapapolis, to-day declined. ana 1iosed
about the lowest figures. Yet the nisfSs' s''s
strong. >,,,, .,.pvxyr
fsovernment bonds we're dull and hrm. az
s;derina the condition of the markeL aa Z, shs
high prices ruling, there Is much I Ssadinss
recent advance OF over per cent IN 'nc cs fol,
for the 1 per cents. The quotations alo
1at1fc