New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1890-03-04


IRREGULAR without important changes. ~. faul
WIS dressed for sale on the statement init the syn
dic.f. which tool, iyc millions of tie new ! per
cent bonds, had failed Two months a-p 10 "Ncr-
.,-e ,i, nniann ON another million. Ine assertion
,l. q th, syndicate had been unable 30 mr>'t
f., huals tcguiic, 10 explanation. for II II was
true II might have been good policy tp take the
sixth million merely for self projections Inc l''-
son for .ipprc,siug tie Information for Si>N
,4,, mI..t bee given 40 the same tmri II mat
f.r- nff.. ll.r.tr. what feeble pirfc. WIS uo'l
o., ,r...l.,. .r ,I., Ilc ~f Pan. lr. IT, nll..'l
AMI rlI~ap .irc tas ncA Us A hest as IFS l','
MAS nI.rfI.tflIr iis lowest pricc for ilg daN. 10
..r hat tie -cllIu- was wholly Tor tl'c short
account ~ 90 aftllb.i" Z" the Dear if'l'h '''i
... and / .r winch Do does not possess All
other let ..ir. lu TIE same Hii'c'"l' "@S W." W.
usual a.ti.N. !u Western MON. which, TEL ! yer
cont h.f f,,a.rrrI nearly lie whole u~, lh me
later d,Alli-- Ihc possible c''"'i's'f'. ."
postal tc.e pin WIS NE obvious i"'',', ."' '''
week.-mrs.. D.; fIr other Gould shares ali not emo.
,...1 .flfi.r- II could hardly De- af-ncd mat
i. ,r,r,lf.A owner, Of IcNa, Pacific ami ap','
I,d -nl those ,'"r.~ :" protect '"ri' i'FIl','
(..f.fn ri.u aul Missouri flphr ne last
,...... >f.e', u... exceptionally dull ana moNln-
...tIfu narrow nulf-. Do closed just above It's
l,.., n.ar, nlihou.h above lis last price Oh
- f0r.I., ohie,ro. nuriin ton and Viln'N ana
E,.din. w.rr tire un'N other PROMINENT $40.
Which suffered even small hnhi "r'Hrs - NV
,,.uin. lu evident attempt 10 dcprcss Rock Island
v.I. oIlrhi, defeated. and the very second sac
,,.- ~ .r 'ad.ancc of BIS per cent Louisville
and N..ltil. Was in demand. and the DOWNWARD
movement bon nlpu Pacific was abruptly chccNr'
H.. General market indeed. stuhhornlS rNlsi"
fIe innucntc of the Could stocks and m consc
gucuc, Tine closing changes w'f" advances "t -
fp ~ prr cent. In the miscellaneous dcpai'
m.ni SUGAR Hrnucrics stock. after an early de
cline - o., s. rose 10 So St. and al % Il
closed per cent higher than on SATURDAY \
new favoriie in Frcclnnd Mining was centre OF
attraction at steadily improving prices.
influence me course OF the lil ~ r
ni. the money situation here and abroad. There
d. ro doubt that the bear faction counted on ="
disturbance i'm demand loans. and the early "li'r-
inc. al g. per cent were accepted without hesll1-
tior The greater ease of money IN Europe ana
the weakness of exchanges. both ON England ana
fine Continent disappointed these expectations and
after "A fcw fliilc ATTACKS the bears abandoned
tie contest The closing was dull and feature
Joss.
THE DAY ~ THE BOND MARKET
The Treasury bought $4,000 of IL per cents
at lob - Al the Stock Exchange "a single boni
fetched 1903 g. The market was steady, ana
asked prices for per cents were raised slightly
Tie closing quotations were as follows
RA AK BID. ASK
S. ,.,- lssls,s iSi-isi u seare-l.,?e.. ils
So..5. .Ss NJ r. 6icoisc59s, Ell
With the exception Of a small sale of Alabama.
elias, \. at 10, u, State bonds were neglected
The only business in city bank stocks was sale
nf shares OF Leather AldNuIdC ulflN ~ -''
The General bond market Was lnclllcd to be
hcaKv altLcurh the final changes were not large.
Rcldine first incomes declined II per cent TO 90
and second incomes Is To- ~ J-S. Ncw-Jcrscy
Central General - Gained IL per cent at II 1t.
and Missouri Kansas and Texas general IS, re-
orlpt.. the same traction at a. Reference Is
made TO our full report of bond sales
Popular appIchcnsiOns of a disturbance IN thc
money market were not realized. Brokers sup
piled their wants early in the day at , y 10
!, prr cent. and saw rates steadily fall To > II
4 .l.A Inc. a
50 large that even at per cent there were no
borrowers.
The Clearing House statement today was as
follows: Exchanges, S9G,3o6,l5i; balances,
The Sub-Trcasury was debtor 10 the Clearing
Ion,,. S67aGi lis net gain on balance Sat
urlay and to-day was ~ .29l,76s made up by u
cain OF ~ ISL ,i3i con minus a loss of SS9,6G6
currency. The two days operations covered :
snlfng in general balance of Sls1 500 i25. con-
sistins Of Slso,339,l93 coin and $7,357,232 cur
TIc United States Treasurer at Washington
ccivcI to-day S1S171i National bank notes for
The customs receipts were SI.Gi3.37l. the in
fcrnnl revenue receipts S-O6. 49, and thr miscel-
laucous receipts Sl~l.1rS.
The foreign exchanges quiet and some
what lower The low rates made on Saturday
after The closing of the European mails proved
10 bc mol u fair criterion of the market. although
fhc tendency is steadily downward. Tho market
was barely steady ri revised quotations for bust
ness ~ follows: Bankers bill at - 50 l.? ana
81 Il IA TOR lone and short sterling respectively ;
Ercuch frames al 5.23 Is and 80 5-S; reich
marks at Of 3-s and % and auldors at 40 and
40 Is.
In Landau British consols were quoted ut
~ 1I6 for money and % ZIG for the account.
cr interest Int one or both prices are probably
incorrect The Bank Of England gained fl6.OOo
hullinn an bllancc I'm the outside market money
,v,e q trillc easier at :; 81 per cent for discount
nf h,nl,crs' bills and at Il per cent FIR Of
balances Bar silver was again higher at ~ 3,sd
an ouncc American railway shares rcmal ncd dull
and although irregular were generally lower.
81 Paris French 3 per cents further declined 10
81 % 10 sight exchange ON London being
o. oG 10 francs 70 the { sterling The weekly
statement Of the Bank of Germany showed an in
crease in specie % POI 900 marks
RAILROAD EARNINGS
DENVER AND RIO GRANDE
1883. 1889 1890.
Number OF miles, 1917 1.4G1 1857