New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-02-12

over outstanding -, 30, .,,s oo- o,o rrc. s15o e27
ss5a.a, bank Ists $50 'i s
No. casb 9i5i 167 81 si5l.s5S.s27 Dec sioiooi
further advance IN foreign excnan ai t,o Mcs
caused by continued demand Tor rem roI1n,v
for securities sold for European accoun account h,snrs".
Tankers' bills "a Sc and - IS for long and short
sterling respectively; French francs 5lS l-s ana
5.lj IS; reichmarks, % IA ana 70 DO
FOREIGN MARKETS.
Tho oovcruors of the Bank Of England at Their
weekly meeting made no change III i's nnn, IN
rate 81 discount which remains al pr I'M i
the week the bank gained ESO?,00? pulllol rn J
the proportion of reserve 10 hao aina, re1nction
rrorn AZ n to 4II6 per cent in the corresponding
week last year, when its discount rate was , uI-
changed at per cent, Az s s,ronr And slightly
higher al o. IS for money and % i5-io i9i ,i.e
account In the open market money WAC = "a
at 2a2 Is per cent for discounts, am ,,.a.
- ncr cent for daily balances. Bar silver was
ouotcd steady at Al I'D. an ounce American
railway shares were dull and dcpcSsed closing
without substantial rally Fresh de cdian al
south American stocks tended to weaken o..
branches Of speculation. At Paris French 3 per
cents were heavy AT 9j.7oa03.'2 ID hI'h noun
.iuh, exchange on London was di-UhcuS ha"'i
at 25lo IL francs 70 ne ear for snhscrpton NJ
az ID and accrued interest S',00o,Ooo 'oSgil
first mortgage IL per cent gold o9hus oi INV rnn
Terminal Railroad Association of 81. LOUIS zen
nor cent is to be- paid allotment and the pal
ssDcc an or before April !. 1892 at the option OF
tho purchaser The Terminal Railroad Associa-
ZION of 81 Louis was organized IN lss' ny uc
Ng -Four" Louisville and Nashville, missouri
Pacific Ohio and Mississippi, ST LOUIS, iron
Mountain and Wabash railroad companies ana has
for it's object the purchase OF e1lsting ana ~,
ri.hinq Of additional terminal Hclliues IN ~
Iouis for the traffic Of the above named com.
NAMES and Of such other railway lines ~ might
salute owner Of II sl-l0O acres Of land IN the
most central business portion OF the city OF ~
Inuis and. through It's ownership OF al the cap
raj stock Of the Union Railway and Transit %
81 Illinois and Terminal Railroad Co OF Ehs' ~,
Iouis i also practically The owner OF - 15-luo
acrcs Of land in East 81 Louis. all Of which are
free Of incumbrancc except the mortgage securing
mo bonds above mentioned. These properties Al
,mrtr nrcscnt value are believed TO represent IN
rcpl estate alone sum largely in excess OF The
mortgage debt Of the association, besides when
the bonds have the further and cAcepnOn1l 50
curifv Of the agreements with the proprietary
comma MES The ASSOCIATION i also the lessee ~
siinucnt Of the St Louis Bridge Co. ana lun-
mel railroad Of -. Louis. crossing The MISSISSIPPI
River SiX-scvcnthS Of the outstanding stock OF
,bc association il owned by the six companies
above named. the remaining one-scventh being TO-
served for the benefit OF such other rail roads 20
NAV be admitted The bonds how offered arc
issued to paw for the various properties acquired
and 10 dcfray the cost Of the extensive improve
ments thereon They secured by a first mort
rage 10 the Central Trust Co. OF New-fork. The
subscription books will he opened at 10 a. III.
February H. and will he closed at } p. m. Tues
day February Is, earlier on notification from
London, where simultaneous Issue VIII DE made
by J. s. Morgan g. Co.