New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-08-02
Eek interest.

There no business in State bonds or cV
bank stocks.
The general bond market reached the verge
stagnation, the total dealings amounting 10 oi.J
si94 900 at face value. In many issues tne saies
were covered by two or three bonds ana quo's.
tons were merely nominal. The tendency
values wa. downward. Erie seconds cohsols "
ceipts. were Is per cent lower at liz. Atchisoa
4s declined q 10 70is. and "A seconds 2 per cent
10 2Oa Philadelphia and Reading genera Is
were dealt in for the first time IN several dA,s
but at decline Of y per cent 20 'o'+ f.'cn"'9" .
Terminal collateral trust 6s were , per cen.
lower at SO. Canada Southern ilrs;s ADVANCED
IL per cent 10 1921. and Kansas ana IeA4s
seconds gained like fraction at 5S't. Ihusua9
large sales were made Of Union Pacinc nTsu
Reference is made to our full report OF bona
sales. ..u~
time loans. .ur..
The Clearing House statement was as fo!o"S
Exchanges. s70.27S.l27; balances So,Ai.SIS
The Sub-Treasury was debtor 10 the Cleanns
House s4O9 Cos. Its net gain on balance wa
1858 i93 made up by gain OF s0i"S5t III . 90.
rercy less a loss Of sl64l4l In com Inc u nsv
operations included: Receipts. $SVJ-'f%' Pas ,
ments. S2s49257 resulting In general oalanssS
OF Sl36 647 503 consisting OF s'46Ss-vI III GUN '"'
SOL 959. 302 currency. ..,...o,
The United States Treasury al Wasnnes -,
received to-day $43s 653 National bank notes '0'
The customs receipts were si6l.6sO, the internal
revenue receipts S6O7 1862. and the Hisce''a"''~
receipts $l50.09l. IAN, ~
To-day's Washington Treasury statement .n,, -
cash on hand and deposit in bank conp pa.r,
with the figures OF the .ast previous s'a'e"'A'
as follows:
Ne, gold han, s?s Il, lis . As;' p. Dh; Casa
NJ .:l On ID ,s 1891 so b Iss ss
Actual cash in tie
rreasury vaults
over outstanding - 49, 49,, CO. 50. IA, s~sTy
ss oo.i,. tie bank 3 $50 sig ', Inc s
Ne, cash bal $40 ssi7i .i2o ,oS73s Zee. 'S''ss
The foreign exchanges were lower all ato'r ~,
the reduction in sterling rates was !. cent " I'd
E. The market was firm az the concess'ot, az.
gold enga gements for export amounteu ~ ,Iv 70
OOO including $3.50 900 which VIII go umes sf
London. Following are revised quo'a1'sSsl al,
actual business: Bankers bills. AS,la and rrsnci
for long and short sterling respecuNeN ,,,s,kS
francs, 5l67s and 5.15d5.l5 less l-lo'
95 7-l6G95is and 95a4 G95 1916. "a, .,,hsrG
In London British ccnsols were l-lo ne The
lOl 1916 for both money and the account. bal.
Bank OF England gained f220oo oul''" s,sr A.
ance. In the open market money va va. ~ IG4
9l6 per cent for discounts ana steaIy a. "a "a
per cent for daily balances. bar shNe ,lIvu
lid ~ 2SXd an ounce. American RAJ RAJ ast
shares opened fractonally higher ou' u Us. al.
at concessions. At Paris French pei s Jt er.
vsnced 4Ila centimes 10 lO.2'1s anu ~ francs
change on London was higher al lila sne rose
TO the sterling. In Berlin sight s's'""'
TO 20ilia marks. xsx.ycrk
J. w. Gilbough member Of the ne" "a in
Stock Exchange at No. Wall-st.. ons' Trust
vestors $500 900 Baltimore and Ohio Gar no 10
bonds. dated July 9 1894 maturing III ,n,sresL
nine years and bearing Az per cen. nsr cent
The bonds are offered at price 10 net P.su,ent
John II. Davis & Co. in an anhVunsrory
published In another column assert tnr sof com
OF gas companies and street railroad lIeIIs be-
pared with first mortgage railroad ov" causes
cause they are not subject to various they
In
offer and recommend the 81. PAU ua Ss The
Company's ffty-year 3 per cent gold o1nu,, both
company controlling the city OF 81 IsnI,ed IN
for gas and electric lighting. and ors,nx yeao
1857 has done a profitable business FOR ha' 4 the
and now owns all the electric light pla, n~oper.
city. The net earnings II the conlp'nr While
ties In 1928 were over 100000 pc, There 10
the fixed charges were only si95,Wo cost Of
said 10 be no floating debt. The actua has
the properties. their franchise not ihc,ssd debt
been over S. 00O, 00O while the total oon %o also
Is only S3650000. John H. Davis Duluth
Offer and recommend 10 investors M n ( pei
Street Railway Company's conservative fran.
cent bonds. The COMPANY has an e.. TN issue Of
chise for the city Of Duluth. MINI: i.poh Il 0co.
the bonds Is limited 10 81. 500 0OO OF n,,renen.
900 are retained by the trustees 10, ~" ,hs treasury
OF prior issues and $500 600 are he'd IN '"'
for future extensions and additions. .uctlcn
The following securities were sofa a. he Ad-
at the New-York Real Estate Saiesfo0
rian II. Muller Son: ,.,r.ad nns
mortgage per cent gold bonds due i'''
4 an res powery Bank 5000 ~, arst mortsap
Sii ,oos Nsv-yort Elevated Railroad ="