New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-05-09
- N. figures Of the last previous statement

Nth the ngufes VI ''o '"7N
as follows >,- NAYS Differences
-. on hand. 500 ' 40 500 a5ai3o27 Dec s2iS.4ss
Ne; esa-tenders % aas $40 .2oOoo72 Inc. 1907 las
on hand M lisa 45G iiTl6322 bee 1898
Net silver on manu- ,.,-
Actual s.!s G1s" T IN iss
ou;sand'ns e7 sss Gea SIPS a3o 22 Inc s2ll $50
certificates hank H. i0o9i2 iiGs5.5so Inc. 1872 OF
,o,srce sf3o 1s1 ga sl4oe5. $40 Inc. sl.434 23c
~ foreign exchanges were extremely duh
.,hout ouotabe change IN rates III tone they
We easier London ana on Contihehtai polli,s
weIs s,Iv frmer An engagement OF So0OOOO gold
SIZE ass wade for shipment to Germany. Following
wa Unchanged quotations for actual business:
ppsnkers mills. 81 S7A@S4 S'1a ana - oss+ Tor long
pa short sterling respectively; French francs;
s ana isl. and sis; reichsmarks s5%@so TIC
and 95T4 asa lS-iy D., oorso,s o,ossd u,cbanoad
~ ,oo 516 for money and trife lower at lOOas
~ r. account The Bank of England gained
it o 100000 bullion on balance. In the open
lust money was easy, at l1s01 3-l6 per cent
S- discounts. and per cent Tor bankers ball
loI o. bar silver was quoted steady at 29iSd.
~ ounce American railway SHARES were dnll.
az -, AZ the close were a little better, and final
". ,ations were not important. At Paris French
y nsr cents receded a few centimes to 1oOS71s.
e,h, exchange on London yielding further TO
s.,s francs TO the sterling.
so TSa committee of the Philadelphia and Read
49,. railroad General Mortgage per cent bond
h ne Frederic p Olcott chairman. announces
NJ in accordance with their previous notice
-, have prepared q bOndhOiderS agreement,
Wv, .;hor,zing them to take steps 10 procure the
e,,snt OF interest upon the bonds in cash, and
p"' onnose any attempt to increase the principal
" u mortgage debt, and If necessary, TO have
u "r,ortgage foreclosed. and to prepare n plan
tne he reorga nizatiOn OF the properly. The
ioosn,ent dated May last. has been signed
S Se considerable number of bondholders and is
,w on file with the Central Trust Company.
An holders Of general mortgage bonds are in
,,tsd 10 examine and sign the same al the Office
~ The Central Trust Company. where copies may
10 attained as well as from any member Of the
committee ~,,.. = ~, ~,
york and New England Railroad Company gives
ro,ica that any holder of second mortgage bonds
m,bo deposits the same with the Manhattan Trust
Company of New York, or with the Old Colony
ernst Company OF Boston, under the plan Of
the committee shall. If he so desires. be entitled
&, the reorganization to receive in cash par and
interest of the bonds so deposited in lieu OF cash
and new bonds Written notice of a desire To
receive all cash must be filed with the Trust
Company with which the bonds are deposited
a, the time Of making such deposit. or within
thirty DAYS thereafter. The committee has sub
njtted this proposition to the second mortgage
hondholders' committee, and have received in re-
ny letter from f l.. Higginson. chairman Of
that committee 10 the effect that his committee
will recommend to second mortgage bOndhOlders
10 turn their bonds in under the plan of reor-
gapization upon the understanding that II they
SO elect they 10 receive par and accrued in
terest for their bonds.