New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-06-24

CLOSING PRICE, OF BOSTON STOCKS.
Boston, June %. 1899.
vst.td.r r., A.,

g. csi. tx E; 'sT5 e. Is
Eu..lI nd ~sss or Centennial 81 81
ga: $:;; 5i:;'';. Il "
WESTERN VANDERBILT REPORTS
| Friday, June 23-p m.
The directors Of the Western railways included
in the Vanderbilt system declared half-ye.rly
dividends Of PER cent on Lake Shore and
VI chigan Southern. 2 per cent o. Michigan Gem
trail and IA per cent on Canada Southern.
All the dividends. which are the same as those
OF last year, are payable on August |. The state
mont of the Lake Shore Company was partcu-
larry gratifying because il proved that the in.
crease in dividend made year ago has been
fully justified by the earrings There was
material incro y'e in operating expenses. and
the percentage was raised from s0.47 TO '033,
but the growth of business was sufficient 70
bear it, and after the payment of dividends the
surplus was S206,79o against SV6'l year
ago, and S24,316 at the same time in 1891, when
| the dividend was IL per cent.
II is we'll known that this company has charged
nothing to construction account for the past
ten years. The financial statements Of the Mich
iean Central and Canada Southern lines were less
| favorable The gross earnings were less than
thos. in the same period last year, and the sur
plus earnings were smaller even than those IN the
first half OF the preceding year. After the pay
ment of tho usual dividends, the joint balance s
only S2s.?36, against Sl5l 1886 year ago. ana
S6s236 in the preceding year The rate Of
dividend was the same in the three years. IL
must lie remembered that earnings for June are
estimated, and that the comparison is with actual
results In previous years.
Following the statements for the SIX
months ending June 50 for three years
LAKE SHORE AND MICHIGAN SOUTHERN
$ H; is'.s ..:' g
s. e. s!5 Ss 8s 1885
D1 sssss. nne 'Iss sss ss5s3 ': sss
Per cent earned. 355 sII9 sSo
''r MIcaIexx cEYTRA5Ja16ASADA SOUTHERN.
S,:; s'D ss5:a.. ' sssS CO
r se :ss4ss. 81 1865
% Es: Sc s$$ i$I$$
WHAT WAS DONE IN STOCKS.
The stock market was dull and depressed, bue
no important losses were suffered Inc tension ~
money rates was not relieved, and although 1t
again dcmoralized the European exchanges, there
was not even a suggestion that further orders
for the importation Of gold had been sent abroad:
he declines that We're worthy OF notice occurred
in industrial and special stocks; sugar Rein:
ing, which is still in the unlisted department Of
the Stock Exchange, fell TO 81. and at 81 IL
closed with a loss of 2 l-2 per cent 1t was the
most active stock. Declines of l 10 per cent,
or more, were recorded by Chicago Gas, National
Cortlage and National Lead in the industrial
group, and among specalides by Manhattan,
willie and Nashville and Rock Island lost as
much as | per cent. but outside the stocks men,
toned the final declines We're frac-
ticnai The steadiness of Reading was
the most remarkable TEXTURE OF the market Its
extreme fluctuations were only IS per cent and,
although the stock suffered a small loss. II closed
companies plans for reorganization apparently
have failed The fact would rot be important
in an ordinary condition Of the money market,
TO about S25 900 900, and sale of the collateral
securities might not be made without m.aterial
losses It may have beaa this anticipation
HE DAY IN THE BOND MARKET.
There were again no transactions in Govern
ment bonds but the market was steady, although
asked prices for Is were lowered IA per cent.
The closing quotations were as follows:
u tss. ta. i 50 E s,ss4s
sst:$$$5 ss;%S: H Is
The business in State bonds was limited e
81 900 Alabama currency funding. AZ, at 81.
There were no sales Of city bank stocks.
The general tond market was stupidly dull. re.
value. There were no important transactions in
Reading issues but first incomes declined frac-
tionally to 20 IL and 80; seconds 3-4 per cent to
10 ID. and thirds were per cent lower at l3 Ia
Rock Island extension IS seemed to be pressed
for sale, but after 81 3-i, closed at 90 l-2.
final LOSS Of only 3D. PER ,Ss1 In most
were insignificant. Reference is made to our full
report of bond sales.
Money on call ruled at from IS to, 20 per
cent There was dn active demand at the lower
igure, which was the closing rate
The Clearing House statement was as follows:
.S67,572,sso; balances. S5,252,473
treasury for the week ended tonight includes re-
!yi,532, leaving the general balance Ss7,2ssc
49,, against Ss1.o41,756 on June IS, an apparent
' Sd OF ss4 ,oiI But , deducthins from
for items which affect only its ac-
cunt with the general treasury, its gain a.
affecting tho banks is Sl,7l4,lsl.
To-day's operations included Receipts, S3,793.
lss payments, si;lo5,3s3, with balances Of
;60,336,5Ol coin and SI7,052,26 currency
The United States Treasury at Washington
ccelved to-day Sl?7,sal National bank notes for
The customs receipts were ss7s,lo3, the in.
ernal revenue receipts S451,So9, and the miscel.
To-day's Washington Treasury statement OF
ash on hand and deposits in banks Compares
With the figures OF the last previous statement a.
Ollows:
June 30. June o. Dinerene..
gold hand s0i 0SO $40 soI isj tso Inc ssa
Net lecal.tend 'o''A's
. H'ss hand sss asassis Rs s
Ictual cash IN the
Treasury vaults
outstanding
certificates sloa II ia al OK snx IN ~. >oo. -
'eroslts In bank 1io:lIcS io0S0 ooA Inc sSSSSSoS.S
Net cash BAL s1ss o4oo o1 1897 e4S 7o7 Dec eo3 ia
Inc foreign exchanges were lower ami AZ tha
lose heavy. The supply Of commercial biiis