New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-08-03

The rcopenng Of the London Stock EXCHANGE;
after the bank holiday Was eNi~o' 1 con.
trary the selling for foreign account greatly sur
passed the buying, ana further snpnen's o. Eo,d -
we're considered wei-ngh certain RATES VI
exchange we're slightly easier IN some dlfecIioH,t
hut the concessions may have been intended only
10 affect the price OF the few commercial DIE
which were offered II was repor'eu Una. , oIo
,n nrevent GOLD exports this week. In the hope
that The supply OF merchandise bllls would pe
more liberal Immediately alter tne %,JouTnIiirmdi
Of Congress. which IL not likely to he DELAYED
more than a few DAYS. 1t would be preferaDn
that no artificial restraint should be laid on me
free movement Of gold. If Europe demands the
il. without higgng The weakness which was
the natural consequence Of the selling for foreign
account. frightened tmih holders. and at the same
time encouraged bear attacks Speculative
disnatclcs from tho West were published in the
interest of the bear faction, but they were generally
too forced TO have much innnence on tne
ness, and the trading element In The market was
able 70 effect closing rally. In which the early
losses were nearly recovered among railway
stocks A"hison ana tIlcasI, h.rnnstch s ~
list suffered fractional losses As q rule. the
stocks which have an International market were
strong. and exceptionally they recorded bsfan-
tial gains. but they not yet dealt In abroad.
The closing was rather spirited, even II it was
entirely professional.
THE DAY IN THE B)ND MhRhEI
Government bonds continued to be neglected
Mt the Stock Exchange, and bids for the is were
lowered IA per cent, but the views OF holders
were not modified. Last quotations az
follows:
us.,.,,s, ,on Bid Asked vscms. 800 u.s. Hs A'''a
unaeS az az: pc, rs .cuI.S. , 1897 ;ll2A. w
40 iI@ 81 cor 80, Ts ne
t.S S';'ar. S,i 1888 sos i0S1 800
Among State issues Tennessee settlement 3s
further gained the fraction al a ID. The only
other transactions were in Alabama, class A, at
IO9 OF city bank stocks Ninth National gold
(23j at 1870.
The general bond market was quiet without
at 6la6l IL, closing at the higher price, ana
general 4s were also slightly better, Erie second
colsoll remained firm AT l05 IA. thcsapeak" ana
Ohio lRichmond and Allegheny Division irsts
gained the fraction at 80 "a Reading lssuec
were quiet and virtually unchanged. st. Louis
and Southwestern hrsts rose to 90 IA, but on
small sales r.celed 10 80 IA, final gain OF IL
per cent. Reference is made to our full report
Of bond sales.
Money on call continued 10 rule mt l IL per
cent but small business was done at per
The Clearing House statement was as follows:
Exchanges. Sl5j,37l 500; balances. 50, l'G6O2;
Tie Sub-lrcasury was debtor 10 the Clearing
House $j9g,99g. Its net gain on balance was
SI9l, 032, made mp by gains Of 81 1856 III cur
rency and 81 06j in coin. The days operations
included Receipts. Si,o37,"si; paymenie; So
s43.O52: resulting in Il general balance OF 81 ~
SOS .S6l consisting Of Sg7,5l4,269 coin and SELL
SSi,09j currency.
The Mercantile Safe Deposit Company reported
silver bullion on hand to secure outstanding
certificates AZ COLLISION ounces. an Increase OF
Dol ounces
ceivel $500, 63j National bank notc- for rcdemp
ton. The customs receipts we're S23l,1lD, the
internal revenue receipts S.Jd, iJS, ana the mis-
cellancous receipts Sl0A,0ji.
lie foreign exchanges We're duh and firm with
ont important increase in the supply OF CONNER
cal bills There was slight weakening IT. rates
on Paris. Following are quotations Tor n"'nnl
business: Bankers bills. - s7aSi - IA anI
81 - Lass = IL for long and short sterling
RESPECTIVELY French francs, 5.i7 IL and j.lj 5-o
rrichmurh- ~ 81 and - 81.
In London British con>os wero steady az
90 1916 for both money and the account. The
Bank OF England gained c21s. 900 bullion on bal
ancc In the open market money was even "a shade
easier al about "a per cont fof discounts and nom
nally Il per cent for bankers balances The
price OF bar silver remained ~ l-l6d an ounce
American railway shares opened strong. bnt fol-
lowed the movements in the home market The
closing WINS considerably below the BEST prices
At Paris French ) per cents rose % ccntimc, q
1913.
The Chicago md Alton Railroad Company has
declared quarterly dividend Of per cent on
both classes OF stock. payable to shareholders Of
record on August 10.
f. II. Rollins 4 Sons. who are among the oldest
dealers in municipal bonds and similar securities
I'm New England and who have RECENTLY opened
an Office in this city. offer tn investors $500, 1000
Of Portland Oregon. Consolidated Street Railway
Company first mortgage sinking fund gold bonds
bearing q per cent Interest Particulars regarding
the security will b. found In the advertising
columns.