New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-05-03
Ed. Asked

Dis.Col 3.6j.Io9LIIlb iIe
State bonds and city bank stocks remained
utterly neglected.
active but the increase in business Wa hardly
the result Of genuine investment demand. The
only advances occurred in ISSUES which are
affected b. reorganization schemes. Rcndlng
general l. closed >, higher, al 80 IS. after sales
dt -, and of the incomes lrst> gained ! per
cent at IL l.. seconds. IT. a. - 3d. and thirds
the fraction az - 3d. The dealings toward the
close were light. and the advance WAS maintained
with apparent difficulty. ON IN" other hand, I'm"
second crnsolS w"ir quiet. bnt per cent lower, n
90 General Electric dcbrnturc ~ sold ia a small
way at the sam" price. which also showed Il loss
of per cent. 81 Louis and Southwestern fr>t-
were | per cent lower AZ 81 l-Sa6i, and Texas
Pacific seconds fell per cent, 10 20a2o -
\ number Of ISSUES sustained fractional de
clincs. Reference l. made TO our full report Of
bond sales.
Money on call ruled at ana per cent: In
the late dealings III" rat" Tell 10 =. and at the
close balances were offered at ! per cent.
The Clearing llous" statement was a. follows :
EXCHANGES. So 4o'i5o: balances $50, oe":
House S,,6.1jl. l> net loss on balance was
1856. 99l, made mp by - loss OF Sj2l.1jD IN cuT.
rcncy. less gain of Slj?."'> in coin. In" day :
operations included: Receipts. S2.N9j.5 pay
mentS. x3.26i.32O; resulting in general balanc"
Of SS00G0,jjN. consisting Of SGi.S37,l.i coin and
Slj22J,31i currency.
The foreign exchanges were quiet and firm. and
short drafts on London wcr" triilc higher. II
was no more than rcSpons" 10 the upward
tendency of money III that market. AZ the prs
cnt figures gold may b" exported without mate
rial loss and shipments will h.. resumed ~ tho
end of IN" week. Following are r.yi-cd quota
tons for actual business Eanicr- bills, ~ - la
- sc and q - i-2aSl - - for long AMI
short sterling respectively: 1rcnc francs jl7 IL
and jij: rcichinarks % II ard - -.
10 90 for money I,u after early weakness closed
unchanged M 90 - for the account tn" bullion
balance Of IN, Bank Of England was not af.
fcctrd lay ~ day. operations. In the open
market no,cy was HIGHER ~ l-2a2 - per
cent for discounts and per cent for daily
baianc : Bar silver advanced further sd. to
~ u Cd. an ounce American railway shares
" depressed throughout III" day. and the clos
NJ was without rally At Paris French , per
cents Continued TO advance, closing AT 07.oj sight
exchange on London rising 10 25.iS IL francs . !
the sterling tn" weekly statement Of -" /
Imperial Bank Of Germany slowed decrease in
sp"rc Of S.OG0.o0O marks.
B'rna. Magoun q Co.. and Icidcbach, Ik"l
heimcr ~ Co.. If Ncw-N York. and kidder. Pea
body & Co, Of Boston, offer to investors fer sub
cent sinking fund gold dcbcntur's Of the United
states Leather Company, part Of an Authorized
issue Of 5000. 600, principal and interest. pay
all" in gold coin. The comnany has been incorpo-
rated under the laws of Ncw-.Jcrscy. II begins
business without debt, excepting the pr'son' issue
Of d"bcnturcs. and it has been certified - the
the proceeds Of this issue Of $1,000. coo. the
assets Of the company will he at lc;,1t seven
times Nh" amount Of such issue The suh>crip-
ton books viii lc opened on Thur-la Nav T.
o a. m, and closed on or before saturday, May
i, AT II o'clock.
The American Cotton oil Company has dc.
;larcd "A dividend Of 3 per cent upon III" preferred
stock. payable June /. 10 holders Of record May
90. The transfer books clos. May 20 and reopen
June ..
The committee on reorganization Of the Phoenix
'lInlng Company announces that JOj,b2J sIar.s
II the 100000 shares Of that comp1ny have been
deposited with the State Trust Company and thai
additional deposits will he received until NAY L.
nbicct TO a penalty Of ; cents per share in AL
ltion to In" assessments, which the compau,
nay waive at its discretion