New-York tribune., 1890-01-05

the sum of SOS, 1852, ,664 legal money for rcdemp-
ton Of bank note circulation.
In London British cOnsOlS were trlfe lower
at % II for money and unchanged at 81 5-lo
for the account. In the open market money was
steady at / = per cent for discount OF bankers
bills, against bank rate OF per cent. bar sli-
yer was unchanged at ~ 1-Sd an ounce Amerl-
can railway shares advanced from the opening
and closed strong The statement of the I'm
pcrial Bank of Germany showed loss IN specie
Of 30 0.4jl 900 marks.
Mcssrs. LadcnbUrs 1halmann ~ 20; Oher 10
the public 81 25O, 600 first mortgage thirty year
gold bonds of the Madison square Garden Cohl-
pany secured by first lien and the Only mort
gage on the block of land occupied for years by
the Madison Square Garden and on w.llch the
new building is now being erected. The new
cdfcc is also covered by this mortgage The site,
exclusive of building, is estimated by Richard !:
I[arnett, the real estate expert, at value OF
81 800 500. and the structure now 'being built
is to cost 81 .000,0 900. The Mercantile trust
Company is trustee of the mortgage, ana the
bonds arc offered at loS IA and accrued interest,
the right being reserved TO advance the price
without notice. These bonds are practically
first mortgage on n piece Of the best improved
real estate in this city. The capital stock issued,
as authorized under the charter, is 81 ,5OO,OOO,
fully paid up. At the price named the bonds
net - per cent on the investment. lhe IN
corporatOrS of the company are James l. WOOD
ward. j. Pierpont Morgan. Charles Lanier, \. B.
Darling, ID. o. Mills, Charles CrOcker, George ,.
Bowdoin, Adrian Iselin. +. ID. Adams, Cornelius
Fellows and W. {. Gulliver.
Mcssrs Vcrmilyc N Co and August Belmont
& Co. offer by subscription, at 9s l-2 and ac
crued interest and recommend a safe and de-
sirabe investment for trust funds, Sl,oOOOOo
Michigan Central Railroad first mortgage ! per
cent bonds due 1910. being portion OF
=? 500. 900 secured by first mortgage on the old
Michigan Air Line, now part of the nam line OF
the Michigan Central Railroad. One million nine
hundred thousand dollars of these bonds Will be
used 10 retire like amount of per cent first
mortgage bonds maturing January next Inc
subscription books will be opened on January
next, and will be closed on Januory or earlier
Ncssrs. :. Y. White ~ Co. offer, al lO4 ana
accrued interest, and recommend as suitable for
trust funds. SljO,0OO city of Columbus. ONO,
Consolidated Street Railroad Company first mort
gage > per cent twenty-year gold bonds, a iirst
and only lien on a property operating thirty
miles of road and carrying 100000 passengers
per annum There is no competing line. The
company is paying dividends Of per cent on the
capital stock O; 81 100000.
Holder, Of DrcNcl. Mornn & Co.'S temporary
receipts for second mortgage bonds Of the ono,
Indiana and Western Railway Company may now
exchange same for engraved reorganization cert-
hcatcS for like bonds The assessment of IL
per cent provided for by the plan of rcorganza-
tlon must bc paid before exchanging receipts
NcS>rs. Grant Brothers and MessrS. Turner,
Nauucl Il Co. recommend as a cheap Investment
"a limited amount of Spokane Falls and Northern
Railway Company 50-year per cent gold bonds.
issued ~ the rate Of 100000 per mile. The
road is finished and running from Spokane Falls
10 the Columbia River. and is already earning
net more than fixed charges.
FOREIGN COMMERCE. OF NETWORK.
IMPORTS OF MERCHANDISE At NEWYORK.
For th" week 1898 l--9 1890.
25 D a..s,aas s:5s5; So; Il SO 81 'iS9 5S5 So
Total for week SO 2oi 1913 ,l58o74oi 81 sOo.O .Os2
Previously reported ...... ---.---.
Total since Jan sI0 col 1913 tf5 367 lOi ~ 800 -
IMPORTS OF SPECIE IT NEW-YORK.
For the wcek $50 fo5 500 6+s sl59 .99f
Previously rcp0ricd.-.-.- --------
Total since Jan. 1 500 ioj sjo6is $4,000
EXPORTS OF SPECIE At NEW.YORK.
r- ,l.. yo.k - s36s 600 s4l22o7 s77s O56
Previously reported .-... -..-...- --.-..;
Total since Jan. ... s3d~GHj Sil---' F'tSojb