New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-07-20

The foreign exchange market had a slightly
easier tendency. with TO change In rater for
actual business. The Etrura. sailing tomorrow
will carry out 81 10000 gold 81 600. 900 shipped by
W. H. Crossman Co. and 3l5oo" by Nessiagc'
Colgate & ca. The gold was taken from the sub
Treasury In exchange for legal tender notea
Rates at which business was actually done IN
the foreign exchanges were as follows
Sterling Aso<a'scs ~, "a.
E"Issr. ~ - 4oS 4on
The price Of domestic exchange was as follows
at the places named: Charleston. buying pa:
selling nc. premium: New Orleans commercial
Doc. premium. bank $50 premium; savannah. ouy-
ing par. selling u premium. up TO 5000 l-lo LOT
s. 900 and over. Chicago. zoe premium. san : ran
cisco. eight par. telegraph &c. per 400 premium
Boston l2i%c. 10 l5c. discount.
Rank ciearngs were as follows ~ the places
named: New. York-Exchangcs ISL es.l'o s bal
$50; balances. S3l6,669. Philadelphia xchahs's'
$9s53.4l3: balances. I5S3,sH
The price OF commercial bar silver in this mar
ket was 6e7Sc.. nominal per ounce MEXICAN hoi-
lars were quoted nj 53+r. In London DAT silve'
declined lilo to 30isd The Etruria. SAILING To-
morrow. will carry ont 10000 ounces OF silver
and a. 900 Mexican dollars.
Money call in London was Il per cent Inc
rate Of discount in the open market was a per
cent for short and three months bills. Inc
amount Of bullion which was withdrawn from the
Bank OF England on balance to-day was il5po
British consols further declined n !or money 20
lO- sid and n Ike amount for the account 10
1914. American securities were weak ana ANA
dian Pacific retired III 10 b6is. Union Pacific =
"a 1874 New-York Central u 10 JOB LOUISVILLE ana
Nashville n 70 Goi.. southern Railway preferreh
a to wv. s., Paul y to $50. ana Ere = 70 i 81
Reading II to So Al d Atchison u 10 lot
French rcntcc were quoted nj lo2 francs 10
centmcs; Paris exchange on London: 20 francs
1914 confines. Berlin exchange on LONDON, "
marks 43is pfennings. ,
"Dun's Review" for this week says Inc
weeks news is not entirely encouraging. but ~
all the more natural because there ar" signs oi
midsummer duincss. Wheat prospects are not
quite good az last week. but stu there are
lower prices rs corn and cotton have been low
cred The exports 81 gold and the less favorable
Treasury returns for July are not unexpected
and mean nothing as TO coming business There
Is pcrccpthe decrease In the demand Tor most
manufactured products. and the actual distri-
button to consumers naturally lessons In mid
summer Much OF the recent buying was TO
anticipate n rise in prices and such purchases
fall off when prices have risen. There are sun
numerous advances In wages but strikes grow
more numerous and important. In part. because
business was unusually large In the hrst half or
July quiet tone meets reasonable ehpecta-
tons" .
We have received tho following John H.
Rathbone secretary OF the United states
Cordage Bondhoders' Committee says; IN
der the Sturgls-Wat"rbury plan OF rcorgani-
Zation, the interest charges are slsO.Ooo
and contingent charges ahead Of stock OF
1915 900 making $5s5.000 per year. Under the
bondholders plan tho interest charges are s3l2.-
500 per annum for the first three years saving
OF 3242. 500 n year or about IA per cent on the
stock In favor OF the bondholders plan. Prcsi-
dent Sturgs OF the United States Cordage Com
pany In his statement 10 the Bondhoders COM
mittee said ne estimated the earnings on rope
$500 900 per year as n minimum. and In addition
about 900 Irvine. From other ana IN
dependent sources this committee estimates that
II is absolutely safe to count on at least 100000
on the entire business, and they have strong
reasons to anticipate In the revival OF trade
this amount will be 1A~gely exceeded"
The National Bank Of the Republic at the close
Of business on July II had loans and discounts OF
$l3.253.5l0 9s and total resources OF s226i'so 6S
The capital stock was 81 500 000 the surplus fund
$500 900 and the undivided profits. less expenses
and taxes paid, were $4ll $50 o..
The National Park Bank on July II had total
resources of S42 54s SIC a. Of which the loans and
discounts were $25. l17.0SS GO. The capital stock
was 81 100000 the surplus fund S2.boo,ooo and the
undivided profits. less expenses and taxes paid.
were 1886. 81.
The National City Bank on July II had total re-
sources Of $685. 7S TIC "a and loans and discounts OF
&l96S6,27S 49, The capital stock and surplus fund
were 81 900. 900 each. and the undivided profits.
less expenses and taxes paid. $2.131 1914 o.
The Central National Bank on July II had loans
and discounts OF S96SS.355 10 and total resources
OF SlS771, 1882 16. The capital stock was 100000,
the surplus fund 100000 and the undivided
profits less expenses and taxes paid were $685.
65s II.
loans and discounts OF s4644s13 n and total re-
sources OF sl09i56 26 20. The capital stock and
surplus fund were 81. 10000 each. and the und-
vided profits less expenses and taxes paid. were
$631. S7S SS.
The Mercantile National Bank on July II had
loans and discounts Of $7.l47.S55 II and total re-
sources OF $ll.695. 81 10. The capital stock was
81 600 O00 the surplus fund 100000 and the net
undivided profits were $35.7l6 49,
The Merchants National Bank on July II had
loans and discounts OF 80 099. s62 0s and total
sources OF si5,362. 09s 90. The capital stock was
81 600 600 the surplus fund 100000 and the net
undivided profits N21, 1886 H.
RAILROAD EARNINGS.
CHICAGO AND EAST ILLINOIS.