New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1891-04-13

time loans were not changed, and firms In gooo
standing had no difficulty in borrowing al -
per cent for from sixty days TO -FOUR months on
the usual Stock Exchange c0llaterals Inc oneI-
inrs were not large however, and il the move,
ment OF money TO the interior and Europe snoe .
create an active demand, an advance IN rates
would follow it, rumor circulated yeSseIIana5
that the drain of gold from the Bank OF EnBlahu
would end in an advance Of its discount ratc De
fore its regular weekly meeting was not suppoLtS
by the current rates OF money IN LohuSi!i Con
were lower than in the principal cities oil tne Ooh.
tinent. Foreign exchanges were hrm uhtll heai
The end of the week, when the market was -
lieyed TO an extent by the shipments OF golui;
The weakness was due rather to lack OF ueil,anu
than TO an increased supply of commerclai OF
bankers bills. The market closed oull aC au .n
81 So IA and 50 SO IA for long and short s'er-
ling bills respectively.
RAILROAD EARNINGS.
The full annual report of the Chicago, BurIlng-
ton and Quincy Railroad Company deserves c the,
| mi study Ii shows among other Things Onat
while the tons Of freight moved one mile IN
| creased nearly IS per cent over the previous
wear. the earnings from freight increased onIy a
little owe! IL per cent ana One 'n mule increased
nearly o per cent, passenger earnings lncreascu
less than 2 l-2 per cent. 1t shows also 1iu,
while the mileage was on 20 yea at' the FUNDED
| debt was increased by $4,61S,19A. Inc COMPANY
failed to cam the dividends paid during the year
The report is rn IN tba first h half
4
| fine wear were all that could be reasonably OK
nected. CONSIDERING the low rates, the injury 70
| the corn crop along the line caused a serious
falling off in business during the remainder OF
| fine year In the first six months OF 1891 INC
combany earn&l about 81, $50 600 from the trans
nortation of corn, and the report confeSses that
during the first half Of the present year llttie can
be expected from this source A.. .oss
| The Financial Chronicle" prints the gross
earnings in March of lao roads, which show an
| increase of 42l per cent as compared WIN the
| game month a wear ago For the first quarter
| of the wear the increase in gross earnings is
stated at 53l per cent. These results must De
considered highly satisfactory, and as PROOF
| that rates have been well maintained. Inc
Tribune has printed the gross earnings Of twenty
| one companies or systems for the first week In
| ApriI. and of this number fifteen companies re-
| turn gains of S240170, or o.S per cent. ana slX
| companies return losses averaging 5.5 per cent
| The whole number gives q gdin over the cor
responding week Of last year OF 5000, $40, OF oV
per cent 1t has printed also the reports OF sixty
four companies for the fourth week In March, ana
of these forty-four companies return gains aver
| aging l1o per cent, and twenty companies losses
| averaging SIS per cent. The whole number gives
| an increase over the corresponding week OF last
wear of SAL $50, or "A per cent The percentage
| of gain showed by the eighteen companies which
| had reported week ago was 60 per cent.
The following tables divide the aggregates and differ
ences Of the companies showing gains and losee;
1s wss in 40 d as %. ,n DsFpi;
q companies ...... 540sT7 510.327 Dec. 3o55o SO
----------- = - 1ooo 600 a n