New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-07-06


State bonds continued 10 be neglected and there
were no sales of city bank stocks
The general bond market was slightly more
active than it was on Monday, but it was never
fheless dull and fcaturcleSs. AtchsOn A. fell
per cent to 20, and even at the lowest piicH
there were large transactions, but seconds, class
A. lost | IA per cent at A. although sacs were
small and infrequent. Erie second con,ols were
dull, but per cent lower at 80; Phlladelphla
and Reading issues Were irregular and VIM"
second ncomes declined ga per cent TO 10, thirds
rallied l-2 per cent 10 10 Reference l. made
to our full report of bond sales.
Money on call was easier Renewals were az
Is per cent but new loans were made at 10 and
gradually the rate fell to per cent Toward the
close bankers balances were offered az low as )
per cent.
The Clearing House statement was as follows ::
Exchanges, Sl3s, 49, 77: balances, Sj,306,74o.
The Sub-Trcasury was creditor 10 the Clearing
House S4s, Its net gain on balance was
S42,24O, made up by a gain Of 500 lG ~ in com
minus a loss of S2o'922 N currency ~ me day ;
ments, $3,O65.477: resulting in a general bal
ance of Ss4,630,515, consisting Of $7O,522,44l
coin and $l4,lOe,04 currency. -,
The Treasury Department. refused oilers Of
$50 900 ounces Of silver bullion and no purchases
have been made this month. The prices of the
rejected proposals were not made public and
consequently few persons outside the Treasury
know whether the action was wise or merely
The United States Treasury at Washington re-
ccived to-day Sl42,ol2 National bank notes for
redemption.
The customs receipts were S461 ,ol5, the in
ternal revenue receipts $soo,5e3 and the miscel-
laneous receipts S23s24.
To-dav's Washington Treasury statement Of cash
ON hand and deposits in banks compares with
the figures Of the last previous statement as
follows:
Ne. cold hand s sa5 os7 1no sccG.
s ss seee on hand 'SI1 Dec Dec ss
..,roI cash In the
cert SeTtnSatss '1 Gs =. sl22 so $50 Dec 80.
Deposits in bank IL oS2573 bis 2s5 Inc lo3j.7l2
Ne. cash si34 70S os7 sls5 II 2 3s5 Inc $3.50
The foreign exchanges were not specially ac-
tive, but exceedingly, strong. The business nm
fortunately was wholly in bankers bills and the
market was controlled by the rates for money.
There was merely shifting of loans. Following
are revised quotations for actual business: Bank
ers' bills 81 So 3-4aS4 50 and 81 84 3.iaS4 s. for
long and short sterling respectively: French francs
52i IA and j.lS "a reichmarks. "a 3-sa0i 1-2
In London British consols were steady at
os 1915 for money and trfhe lower
for the account The Rank of England
further gained 100000 bullion on balance. In
the open market money, was slightly, easier at
l-sal IA per cent for discounts, while bankers
balances were loaned al 1-2 per cent. India
Council bills were allotted at o decline Of l-sd
per rupee, hut the Council refused 70 sci, bills
below - sd Bar silver advanced further 10
"a 3-4d an ounce. In view OF the holiday TO-
morrow Their. was little business in stocks. Amori
can railway shares were drooping, but In the final
dealings dull and steady. Tier" We're no quota
tions reported from Paris.
The ffty-sixth volume of Th" commercial and
Financial Chronicle has just been issued. II
embraces the weekly numbers for the first six
months Of the year. including ihc issues of &c The
Investors Supplement" and " The Stat" ana City
Snnnle,nen. The Chronicles is a well known
authority on finance. and gives so much Of practi
cal information about stocks. bonds. money,
quotations, railroads etc, etc, that 1t Is rare now
IN find bankers or brokers' Office or the private
library Of any large investor without il.
The Edison Electric Illuminating Company 20.
DAY declared the regular quarterly dividend OF
10 per cent payable August |.
The following securities were sold at auction at