New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-06-03
Big. Asked.

The business in State issues WAS limited TO a
sale of 81 5000 south Carolina ron-fnndabc Gs
at .. OF city bank stock, Western National
sold (25 at ll3
A slight increase in activity in the general
bond market caused further decline In prices.
The business which amounted to about $50
900, was widely distributed and devoid Of special
feature. Atchison seconds, class a, lost the i'm
provcment recorded yesterday, and closed at a.:
per cent or the Philadelphia and Reading
issues the general As fell about per cont to
GO 3-;e67 7-s and second incomes, which closed
Yesterday at %, declined TO 81 IL. Northern
Pacific consol IS closed 3-S per cent lower at
81 Is. Texas and Pacific frsts fell 2 ~ per
cent TO II l-2. and seconds ! Ia TO 1sals a.
Reference is made to our full report Of bond sales
Money call ruled at 3 per cent but a few
exceptional loans were made at per cent. The
closing rate was 2 II per cent.
Exchanges Sl31.1s0,701 balances, S6,s02.047.
The Sub-rrcasury to-day was debtor to the
Clearing House S46s,6G9. The business of the
Sub Treasury for the week ended tonight includes
receipts of S1s,sl7,42s, AMI payments OF SID
s35,7l5, leaving the general balance $7s,3Go,-
5S5. against $753s7,s72 on May 90 an apparent
gain of S2,9sl.7l3 But dcducting from the pay
600 for items which affect only it's account with
the general Treasury. its gain affecting the
banks is only Sj0s,713.
To-days operations included Receipts. SO, 643,-
900: payments. $3463,017, with balances OF
$50, 446,5-:. coin and sol 1923, 0lO currency.
The Treasury began ITS June purchases Of silver
huIIIOn Dy DuVlnR OZU,UVV dt prices
from SO to s3.O5 cents an ounce The offerings
amounted to 500, 900 ounces, but the prices Of
those which we're rejected were not made public.
The Mercantile Safe Deposit Company Of this
city reported silver bullion on hand at 2Sl ,59s
ounces.
The United States Treasury at Washington re-
ceivcd today Sls5,l55 National bank notes for
redemption.
The customs receipts were S7i5.l6o; the in
tnrnal revenue receipts S399,l96 and the mscella~
ncOus receipts S217,216.
cash on hand and deposits in banks compares
with the figures of the last previous statement
as follows
Ne. gold on hand SO Dec $3.50
x Ct s, on I'D ssss cS:sss "s
A.tual cash in the
trcs onts,anans
pssss s bank 2 Dec be-"
Net cash bal sis7 5oao slss. s4so54 siosol4
The foreign exchanges We're active and strong
Rates for demand bills on both London AMI Paris
were higher in response TO an urgent demand for
remittance Long sterling was somewhat irrcg-
ular, but firm. Following are revised quotations
for actual business BANKERS bills. 81 SO LA
81 Sc "a and 81 50 IA for long and short stor-
ling respectively French francs. 5ls Is and
515 5-s: reichmarlss, 05 and % H.
In London British consols further advanced IS
per cent 10 9s I:I-i e for money and Lie ~ 90
for the account. The Bank of England gained f27J.
600 bullion on balance. In the open market money
was again easier At about j-s per cent for dis,
counts and . l-2 per cent for bankers balances
Bar silver shade higher at - 3-l6d an
ounce American railway shares were dull. but
they declined in sympathy with the home market
and closed without rally. At Paris French 3 per
cents were fairly steady at 0s.20. sight exchange
on London further declining to 1924 francs to tho
pOn"d st"rlirg
Tho American Cotton Oil Company publishes
in another column the numbers Of 1924. 900 OF
their gold debenturc bonds. which, in accordance
with iii. plan for redemption Of said bonds. have
been purchased in the market at an average
| price OF Sl00,l5i and accrued interest, thus
saving the company discount ., below the pre,
to interest from the day OF purchase until Angus,
next. This notice is given that holders Of bonds
may know that the requirements OF the sinkinc
fund for 1893 have been fully provided for By