New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-03-21

,bcre was n decided advance in rates throughout
The mails brought few mercantile pilis, '"u ster
light inquiry was sufficient 10 raise rates. Fl
ling exchange is up l-2a3-4 cent TO the X -; ~
lowing are revised quotations for ac'ua p ., -
bankers bills, 81 - - and - 81 H.; i'i lramc.
and short sterling respectively: ffehcn 'i''''
lis Is and jlG IA reichmark-, g1a?1 DO.
In London British consos opened hrnrr ou.
ended unchanged at 9s $40 for money ana W ~
81 600 bullion on balance. In I'll" open Hli'h:u
money was firm at J-o per cent Tor dIscou Was
and 81 per cent for banker. Daianc'' nna '
silver declined 1-l6d. to ), I'D an oulc.
American railway shares were lrrcguiai, pht cioseu
with "a rcccding tendency. AZ Paris ftcich iIa'ics
were 10 ccntncs lower at 9oJ1, slgn' eAV'l'"s'
an London being 2J.l1 francs TO the = sWidii-'
John IT, Davi, ~ Co. have for sale AT prices
Welding from ) To per cent on cost line Oh III
vcstmcnt bonds and stocks including stree, iail
way bond, and preferred stocks oil ihalstrlai cor
norations. particulars of which will he furnished
upon applIcj;lon. r,,.o Dod,,o
Il Co offer 10 investors Sj.OOoOoo oi IN" hIs
,nortrooc forty wears ; per cent gold bonds OF the
United Traction Electric Company. iS'"ru WI
the Providence and Iawtucket street raIlM'.
system The company controls the ,iiIrr PI' 'Tni
.trent railway system of the city Of Providcnc',
H. L. and four adjoining towns. ana neariN all "
the street railways of Pawtuclict and two az,
iacont toyyns an arCIPgatc of - II mes, WIN"
serves a population of about $4,000 pope
Thcs, properties are free from mortgage lndrn,ci1
ness except that the Union Railroad 'ompahI %!
Providence has outstanding S3,Ooo,Ooo Oh MS
mortgage bonds. of which all but S2',ooo ar"
p!cdccd as security for the bonds now oh"rei.
The total i~sre i limited 10 Ss.OOo.ooo' WIZ
urovision for an increase Of ~ ,uoo,Ouo LOT VI"
actual cost of additional track. inrindihg equip
mcnt within Is miles of the CITY llali "i Tro'-
dcncc AT a rate not exceeding Sl2,ooo per MIR
Tic proceeds of the present issue WI ne isru W
onuip with electricity the entire system OF roa">.
10 provdc new cars and motors, ana cons rue,
u 10 miles of additional track. bringing Ih'
total mileage ND to l0i miles. The gross earning,
of the system for the year ending December =.
last were 81 2cj, 900. and il Is estimated mar
when the system is completed the net earning,
will he al least SIO0.oo0 in excess Of the nNen
charges The Rhode Island Hospital trust ON
pany has already taken 81 100000 OF the ponu,;
which are offered at par and interest rniI
details of tho issue may he obtained from th'
BANKERS making the Issue eooo
Flair a. Co. offer at Oh and interest," - ;'o"
OOO Of tlc first mortgage per rrnt golh n n,
If the Connecticut and Pass,lmnsic Rivers hali.
road COMPANY. guaranteed principal and lnt'res,,
hv the BOSTON and Lowell Railroad Iomp",N; an"
assumed by the Boston and Maine Railroad I ON
rory. Tho road forms part OF IN" through ii,'
Ia Montreal Of the last named company. am 1nr
bonds are issued nj the rate Of only Sl7.ooo per
,niIn NOT including sidincS. The av"rag" n"'
narniros of the road the last three wears W'f'
eoIo $50 per annum while IN" interest char9'.-
arc only SD. 900 The bonds arc legal invest
mont for Massachusetts and C"nn"c'cut sa'n'|T
MI.