New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-03-24

Dehcis .............. ....... ...... "a ssi 42S
ard Dividend per cent, c Dividend per cent
The president predicted It would DO a case OF
rates. The report for 1888 shows IL was NOT
case Of tonnage or passengers
With an increase Of 1880, or 800 per cent
hS number 1oS e s Were as
or 7.30 per cent less than in ee7,
The tonnage of l sSS was sos, $50 less than in
1881 which Is not far from the amount ,, o. OIL, Loss
total decline Of only 720 per cent IN the tonnage
the gross earnings from freight In 1888 were
1910, $50 or IL per cent kss than in 1887.
per ton received in 1887 was 81 81 at that rate
the tonnage of 1888 would have produced earn
ings only sl.32s,sss less than 1887, instead OF o
The PRECEDENT itters the stock reason for de-
cline IN earnings-the Interstate INV ignoring
Der, $50, when the company obeysd that law, 10
enjoyed unexampled prosperity. No reference rs
made to the change Of policy late "a the wear
Burlington and Quincy, sent during the strike,
the Burlington and Quincy entered upon rule OF
ruin course toward all the Western systems. Pho
pany Is responsible for the course of the Chicago,
Burlington and Northern Company, by showing
that it owns only 30,9!5 shares out Of a TOTAL 9r
eO,975 shares OF the latter companys STOCK, Is
not success. There are few properties, the mai-
agement of which is not controlled by conson-
dated interest Of one-third Of the share capital
As to the increase in operating expenses, that
portion due to extraordinary expenditures for
police service because Of the strike is an uncer-
tain sum But an increase OF ~ cesn,s soc
part of It; with an increase OF $40 mlies iass
year the expenses were increased s2,To4, PSI;
miles and an increase Of 81 COS, $50 opersting ex
penses At the end OF 1888, the mileage IN opera
tion was only ffty-eieht miles greater than the
me balance sheet Of December 81, 1885, shows
cash assets S112 900 greater than current liabii-
ties Also credits to:
Pront and s9a 665S5Sg
Income account lV,oIoIor
Total surplus. go, SSSi'o
THE BANK STATEMENT.
Rv the operations of the New-York Sub Treasury
in the week ended last evening which included ,ts
receipts Of 81 .oo6,370 for gold taken, the New.
York banks gained s325,522. Our estimate Of q
week ago lift the banks short 81 100000 cash
the n statement Sas s ' Yesterday gold export Of
81, 100000 counts in to-day's statement OF
averages for loss Of only siaS,o GOO me s.ase-
fleets an interior movement for the week that was
about 81, o00, 600 against this city, and that the
bank cash holdings O. the close Of business yssters
averages for the week. The loans were expanded
$685. 400. The decrease In deposits t$1, i $4,000
was saso,i0o greater decrease than the Other
at s6,698,925, aganst s0,4Ia, 225 March "a, $685.
and seIssss March 2S 1887 .,..mon,. :, Marc,
10 and March "a
March IA 70 Soo IN ssgsh 2 Inc D sseesco
Ep SSas : sssiysSS Dee
Circulation 49,. . zSSSSSS z,Sf7soo Dec 5000
The following shows the relation between me total ne
and the total deposits at the respective dates;
fSss. 'sa5sSS ssSS Bee asSS
Total, reserve 100 si1To74 Dec. 1esT 500
ssst dspesits. no.e7Ias5 11os7sc7S Dec. aossso
Surplus "a o7os75 sss9s 92s Dec. s1sg1.sso
The Clearing House statement TO to-day Yas as
s sa% 5o2 Fo4s the week Exchanges, $685.
944, oe6; balances, s34, 404,l35
WHAT WAS DONE IN STOCKS.
actions, as recorded, amounted only to s7,2ef
shares for the two hours business. The tone, as
represented by figures. was weak. The drive
AGAINST Chicago Bgrlington and 0 Quincy ssock
lative support elsewhere exerted depressing in
fuenee. But the changes in figures generally
element in tie Northern Pacific direction contin-
ues to talk Of reduction in the guaranteed dlyi-
dend Of the Oregon Railway and Navigation co.
d1oc as ssTBr bs he sns IS not opeosed
lease In Itself, but will not consent to higher
guarantee than per cent. This is sheer non
sense, The Oregon Railway and Navigation Cos
now is leased and operated By the Oregon Short
Line, with 9 per cent guaranteed; contract guar
antecd by the Union Pacific. The present man
agement of the Oregon Railway and Navigation
Co: is content with the present guarantee and
will not consent to any reduction in the rate,
The new management probably will be elected
by the Oregon Transcontinental Co., which owns
just one-half Of the stock and probably will
reject all propositions looking TO depreciation
in $4,000, 900 OF its assets. The periodical
by the Northern Pacific OF Che propo-
stion to make Joint Jesse, IL for the purpose Of
only agtating reduction Of the rate. smacks Of
The market closed dull and steady.
THE DAY IN THE BOND MARKET.
Government bonds were dull and steady as
quotations as follows:
Bid. AJAX. Bid An
Us ShS 1891. reg l07 1851 o. g. eur. 81 1se6i23 -.
- IA bssl oea. i95sl9ss y cur C. 1871 lag
Y s4S 1907 sSn l2shl29s " g. cur. Ss 1880 i3lh-.I
e-
State issues were neglected. OF city bank
stocks, Mechanics sold t5o) ct 1876, and Western
NJ Il n go