New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1891-04-03
THE DAY IN THE BOND MARKET.

State issues were a little lower, although the
transactions were light. The sales comprised
Louisiana consol As at 90 IA, Tennessee settle,
ment Is at II, and Virginia deferred 6s, stamped
receipts, at 8. OF city bank stocks Fourth Ma.
tonal sold 90 at ~ and western w. al aoy bu
the movement of. prices was irregular. AIcn q
son general As declined 3-S per cent to ~ ~,
louisville NewAlbany and Chicago consols
further fell 3-4 per cent to 90 Ia, and several
other issues closed small fraction lower Refer
enee is made to our m TsPoTS q ExcSauqe ruled
3 per cent. The highest rate for the day was
3 l-2, and at the close the supply was IN excess
of wants at 2 l-2 per cent. There were no new
generally per cent for all periods.
The Clearing House statement was as follows
Exchanges Sll5,927,930; balances, S3,s20, 500:
The Sub-Treasury was debtor at the Clearing
House SSS0,712 It's net loss on balance was
1898. 1885, made up by loss of S650,O6S com, less
tons ss'D Included Receipts S3,l4O,ss2; payments
S3,53s670; resulting in general oeience Of
Sl66, 341 ,O7s, consisting of S15s,945,375 coin
There was little doing in the foreign exchange
market but rates were firmly maintained. An
engagement of 100000 gold for shipment on
Saturday was announced and 1t was eHPected
morrow. Following are the closing QUOTATIONS.
which were unchanged for actual business Bank
ers' bills, $4 Sc and "a SO 1-4aS4 80 IL re-
spectivey for long and short sterling: French
francs, SIS l-4a5.l So; reichmarks, 30 3-S and
90 rs.
FOREIGN MARKETS.
The governors of the Bank of England at their
weekly meeting to-day made no change In It's
minimum rate for discount, which remains at 3
per cent. In the week the bank lost 1926, 900
bullion and the proportion of reserve to liabilities
was lowered from 34.74 10 $3.50 per cent, against
a reduction from 46.14 to 41.23 per cent III the
corresponding week last year when ITS discount
change British consols declined Is to 06 7-l6 for
money and 96 1l-16 for the account. In the
open market money was virtually unchanged al
1913 per cent for discounts and Lag ia per
cent for bankers balances. Bar silver declined
is to A I'D. an ounce. American railway
shares were dull and irregular, closing without
feature at slight concessions. AT PARIS french .
per cents further rallied few centlmeS 10 Do.lo,
sight exchange on London rising to 25.2O francs
to the sterling The weekly statement of the
Bank of France showed a decrease of ,O20'ooo
francs in gold and 5000 francs in silver
Robert Winthrop & Co. offer first mortgage 4
per cent gold bonds of the Utica and Black River
Railroad Company, due 1929, guaranteed by the
Rome Watertown and OgdensDurg haliroau, anu
assumed by the New-York Central
s v White & Co. recommend as an Investment
ner cent first mortgage bonds of the Syracuse
Consolidated Street Railway Company.
RAILROAD EARNINGS.
DENVER AND RIO GRANDE.
1850 1890. 1901.
, ss9 :sS sS '7s1
LOUISVILLE. ST. LOUIS AND TEXAS.
Number OF miles. ..-..-, ., 10 .,o IN
Fourth week In March. s99ooo |nIT'iioi
jan. 1. TO March 81. I'ooo
MILWAUKEE. LAKE SHORE AND wESTERN.
Tonrh w y In March s71 4so s791s9 s7a,63t
Ian / In March T ,045 97235 6oSofo
NORFOLK AND WESTERN
Ss%ef' :; FL; ; . sr lsss!
EUROPEAN FINANCIAL MARKETS.
London april p mcOn;ois SO 91S Tor money ao
St paul common, 57a, Money 2i2d2'4 per cent me
rate Of discount in the open market for both short ana
three months bills Is pa per cent Paris ady1ces quote
er cent rente al 90 francs 10 cenmes for the account