New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1890-08-14

TREASURY MATTERS.


This was the first day under the new silver
law requiring the purchase each month Of 50
much Of 4.5OO. 900 ounces as were Offered al the
market price on which the Treasury received
offers The Treasury furnishes only the informa-
ton that il did purchase 81 900 ounces toward
the months requirement of 4,jOO, 600 ounces.
The amOun->of the offerings is not given 10 the
public. neither the prices of such offerings, nor
are the prices at which the 81 $1,000 ounces were
accepted furnished IN the market silver certificates,
representing 900 fine ruled al IL 3-4all2 LA
Il2 IS per ounce. To-day's purchase will re-
quire an issue of about $4,000 OF the new legal
tender certificates
The Treasury informs the public Of the
prices paid for Government bonds. The
still are Ia for the / per cents and JOB 81
for the - per cents. All the indications point
to a conclusion that certain parties in Ncw-Nork
are eNpeclng another new departure IN I'M. dIrtc-
non. OF the ! II Pc cents. lLtie were "ul>t,ii-
Ing July II 8 1.011.5j0, Of which amount there
we're in the Treasury SJH.046,.j0 10 secure bank
note circulation and S6,e2i.joO 70 secure Toy
eminent deposits: total held. S45,s1l.o5o. 70
offer 10 pay the IL per cents oil with Interest
10 tate Of maturity would call upon public
holdings for So 600, 900 OF bonds That are scat
tered all over the world The banks are loath 10
exchange their u per cents into per Genie
because of the difference in the premium, which
must count Immediately against the profit ana
loss account And further il may be The expect
lion of the Treasury. as we'll a. of the hank,
that al the maturity of the 4 - per CENTS on
September ]. 1891. the Government VIII bc IL
position when rctunding az . Las per c'h'
will he the only mode a. payment. \ sale 10 The
Government now Of the S45.OoouOO ! u PrI
cents held bY the National banks W"uld hilh-
little money ont OF the Treasury. The pUugp"I
part IF the payments would be made by Teicn-
lion Of the amount Of bank note circulation ana
by drafts on tine Treasury dcposts-ony tie mar
gins over circulation and deposits would com"
out Of the Treasury
WHAT WAS DONE IL STOCKS
The stock speculation to-day apsed into dulness
and the total transactions IA me frL eIL h..!",,
fell Of 10 ,j91 and The unlisted department ID
i $50 shares. After rather brilliant oponlh-,
aided by the presence OF ptrcaasin- Orders JOY
the foreign account, there succeelrd aH aP1't oi
which advantage was taken 10 modcrai rly rad
values. nut the raids amounted - nothing ID ne
than ordinary fluctuations rll an cni"rpT.'lr2
Albany SpcciaL-1hc Delaware and Hudson s
tied up below Albany. N"ltchmcn ana !Icish'
hands have gone out.
On this report there was more spirited selling
Of the market, and Delaware and Hudson stock
really sold down from lG2 10 100 l-2 and t"c
quotations for The general list were OF l-sai--
per cent. The principal once Of thr Dca"'Ie am
Hudson Company j. al C0rt,audt end Church 81.
But il required just one hour Tor the enicfprs.ht
news agency - get into print the following
The officials Of the i'claware and Hudson
confirm our dispatch from Albany that tie switch
men and yardmen OF Their line al Albany stTucA
to-day.
Jhls j. q confirmation Win Vengeance. l'Iu-
men al ALBANY" FREE gAt Laldr and there
lacks any confirmation of tAe road being lied up
below Albany. our lolcsi Information from the
officials If the company Is that some men ~ the
Albany ward did 20 out. but that all trains are
running on time. This was careless and not
an intentional abuse Of the right . Furnish
news ( p. bur il nevertheless Is IHcXcusabe when
tie principal Office Of Information is within
i've minutes call. After the decline occasl ,nrd
by this announcement of a strike IN new quarter,
,terc generally was some recovery IN prices but
vet tie whole list closed lower than last cyenIn-
and firm az the figures
Thirty-fOur railroads have reported their gross
aggregate Of $685.. s0s-a gain on lie week OF
1859 Of S21Op1s, or 81 per cent. OF the total
number tWentyeipht companies report gains
aprrcgating S3O1,147. or JOS per cent, ana SIN
report losses amounting to $50, SO, or 90 per
cent
THE DAY II TIE BOND MARKET