New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-07-10

days advances, and Continental rates were a
shade harder. The unsettled Sltua'ion s mas
diminished the inclination OF bankers 10 ia"
bills and the supply of commercial drafts Is eN-
cecdingly mcagre. Unless conditions 81 a a
materially the COntinen; Will probapy uia ~
gold by THURSDAYS steamer. There was H'Vo'v"
gold shipped To Canada. the specie being with
drawn from the SuD-Trcasury. The market
closed fair demand at the folioWins g"o o-1o
lions for actual business: Bankers DIS ~ N'p
81 81. and 81 Ssasi So. Tor long and short stcr
Ing respectively: French francs ol'sNo'i''
rechsmarks. 90 495s..
In London British consos were steady at
1ol j-l6 for money and 1918 for the account nc
Eark Of England gained $4,000 bullion on pai-
ance although the Continent IL increasing us uc
mand for gold. In the open market money was
Il shade doarer at ga per cent Tor discounts,
and steady at = per cent tor daily balances Ear
silver was unchanged at - ll-lod an ounce
American railway shares were adversely IN
tuenccd bv the Chicago situation. declining
sharply \ late rally left prices iractlpnily
lower. with ST. Paul down = per cent ana LOUIS
Vile and Nashville of - per cent. h'ir Sc'ohis
consols fell > per cent and recovered = per cent
AT Paris French per cents lost saturday al
vance closing at 1905. sight exchange on
London held at 25IG francs to the sterling.
Discounts were a shade lower at Is per cent
At Berlin discounts were steady AZ Ia per cent,
but sterling exchange was shade higher at
20 800 marks for sight and 2o@''2 marks for long
bills.
The Maryland Coal Company has declared
scmi-annuai dividend Of per cent on the pre-
ferrod stock payable JAY u
vcsiors at lOOle and interest 10000 Of Toledo,
Wa'honding Valley and ohio Railroad gold 4'ss;
due in 1897. They are guaranteed p,inc'pai ana ,a
interest 10y the Pennsylvania Company. ana Inc
road upon which they eve 4 Hen Is the entrance
Of the Pennsylvania Railroad into Toledo.
The Reorganization Committee q the North,
ern Pacific Railroad Company Is now prepared
To- receive deposits. under It's agreement OF t"D-
r,larv ~ last If second. third ard consolidated
mortgage bonds The depcsitares are the Mer-
camille True; Company 81 New YORK, me rem
svlvaria Company Philadelphia. and IN"
Dcutscha Bank OF Rerr They viii issue mrE",
t!ablc certificates Il deposit which Will be- iSt"i
on the Stock Exchange n soon aS MAJORITY "l
each class Il bonds hd~ been deposited. The
committee now represents by dep SITS ana as
sonis SOS. GOO second ~ ,rtGacc bonds. S'33"UDV
third mortgage bonds and N'.l@I0oo consolidated
nortgag, bonds and asserts that united action
by the main line hondholdeis VIII result III sue"
a control 81 the property AZ VIII secure - nm
the best attainabc results having an regard 70
their respective legal positions. i nin'ldcrs 2rr
referred for further detailed Information To this
committees circular 50. 6. Of July 3
The committee 4 the Kansas Pacific Consoll-
dated londhod,rs Informs holders If such honds
that tn. Continental Trust Company. 81 NV
York. and the Staic street SAFE Deposit ana
Trust Company. Of Boston VIII continue I" re-
ccive deposits Of bonds un;il Jolly % me reason
for he prnlongation ~ the period ~ which bonds
may be- deposited being explained In an nHV'r-
tiscnent Of the committee elsewhere.
The Rcorganization Committee = IN" Toledo
Ann Arhor and North Michigan railway com,
pany gives motto" &C. 'h" hondh old'Is ~ ti' r'aI
and ~ it, various divisions - deposit 'h"ir bonds
with the Central Trust Company ana 10 r''r.H'
therefor the rec,ip, Of The Trus, Company rms
call is mad before the publication Of me plan ~
reorganization for thu purpose So far as POS
slble Of preventing any deay between mo unr
~ publication 90 the plan md the receipt 81
suf,ici ut number ~ bonds to enable the re-
o-gonizafion 10 proceed Immediately. In m"
estimation ~ the committee Tho ROAD mas n"'h
operated with marked success ~ the recover
and under his management has been placed IL
much better condition than (; ever has been. and
IS capable now . being operated at logs expense
than at any time during It's history