New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-12-20

In State issues there were sales of 1900 Nr-
gtna funded debt 2-3s of 1891 at e2is ana s4'VCV
at 61k $4,000 Tennessee Settlement IS al ~
and $1,000 South Carolina 6s non-funcabie at i;
Twenty shares of the Merchants Bank were SOLD
at 1885 90 shares Of the Bank OF Commerce al -lV'
and 10 shares OF the Ninth }uonal at liz.
The weakness in railroad bonds was even more
pronounced than yesterday, and the losses III "
ues were heavier throughout the entire Ist- NO
particular issues conspicuous: although
the Readings Northern Pacihcs ana AtchisOns
usual prominent in the movement, Inc Inc
declines of most moment were chesapeake anG
Ohio aus TO 1919: AtchisOn general IS lte 10
771a; Kansas and Texas 2ds. rs to 5s's; Northern
Pacific DDS ls. to 1929: Reading general As. IA
10 sS the receipts. 2ts TO 77ss the first incomes
~ to 2s1s and the third incomes IA 10 ~. me
business done widely distributed and extend
ed to 81 059. 600 Foreigners are not yet hquluat-
ing their holdings Of bonds TO any extent
The United States Treasury received to-day
s2s2.469 National Bank notes for redemption
customs receipts reported to-day from WASH
ington s404.S4. the internal revenue feceipts
f572610 and the miscellaneous receipts SdV.o
Total Government receipts for the day. SgSo'o'Z'
expenditures. s1.135.OOO: excess OF expen9iturnes
sll6427 Receipts for the month to date. Sl'loS-
sO7; expenditures. 10000: excess OF expendl,
lures So 036, 1913. Receipts for the fiscal year 10
date si5S $50 723 expenditures s772sS 44S; excess
of expenditures over receipts slS,sO5,i2O
To-day's Washington Treasury statement, COW
erine actual results Of two days ago, compared
with the last previous statement shows the fol-
lowing balances:
ra hand ,s SEC Pos 81 Dec .sssd
ss . nssa on nd .ss4C4s @Sso Dec iS7Ss3
Actual the
Treasury , a Nau1,s
s;sS ss sss R s
Avssasl. cash sioe 725os sisssi5oOe Dec. ss'7Oo2
D ssis. minor "4 2s7es7es 22c447s Inc 1918
Actual cash bais1755os7as sl74e5l $50 Dec. ss527io
The sub-Treasury had debit balance at the
Clearing House Of s7520i6 Its net loss on pau
ence was S791 311 made up by loss In currency
Of s516 O97 and loss in coin of s275,2l4. To-days
operations include: Receipts &l292e; pay
ments sss22s resng IN ga, gsn sa on anS
SS1276354 currency
MONEY AND EXCHANGE.
The local money markets were slightly frmer,
with call loans ruling at 2G3 per cent. Time
contracts made at 312 per cent for thirty
days 3hQ4 per cent for three months 4 per
cent for four and six months Inc mgnest
grade commercial paper was 4h@412 per cent
for three months 412d5 per cent for four months
and per cent for six months. These rates We're
generally made by houses lending their own
through the banks quoted rates at 4g41s per
cent for sixty to ninety day Endorsements ,Gg
per cent for four months high-grade single
names, 41aG5h per cent for SIX months single
names of the same grade. Six months paper
not so we'll known was 6 per cent and above.
7 ,e market for foreign exchange was strong
and unchanged in general features Closing
rates for actual business were as follows:
Sterling ... 4sa6s,sSI. 4s7Sg1ss s.s'at So.
Reichsmarlis 80. a5'. 9SS
Gulders $V'A aV7s
The price of domestic exchange was as fol-
lows at the places named New-Orleans, com
mercial $50 discount, bank par; San Francisco.
sight l-1s premium telegraph Nc: Boston, 10
to is 2-3c. discount: Chicago, 15c. discount.
Bank cearirgs in the city We're: Exchanges,
SIP 74S5l0; balances, $5.Sl6,I53.
The price of commercial bar silver in this
market was 66ssc. per ounce. Mexican dollars
were quoted at 5212c. In London the price Of
bar silver was unchanged at Soasd ~,
Money call in London was 2. per cent The
rate of discount In the open market was l
per cent for snort and three months bills Brit
ish consols were 1868 for money and the &C
count French rentes were 100 francs DE
confines Paris exchange on London, 20 francs
9sH centimes. American stocks in London were
weak and lower. Further details of foreign
markets are given in the usual cable report
printed in another column
NETWORK CENTRALS QUARTER.
The statement of the NewYork Central and
Hudson River Railroad Company for the quar-
ter ending December 81 (partly estimated)
makes another iattering exhibit Of the present
operations Of the company. compared with
the same time in the two preceding years. in
the quarter ended September 80, the actual
surplus was s2244s1. which $4,000 above
that previously estimated, while for the current
quarter the estimated surplus is placed at S5le'-
600 an increase the December quarter
last year OF sl99046, and an increase OF S24lVaZ
over the same time In 1890 The dividend pay
ments for this quarter are sl92.s63 less than as'
year but even with last years higher dlV-
dend there would be comfortable surplus lor
this quarter. For the six months the estlo
mated surplus shows an increase or soZO'4o9
over the corresponding period last year. and
one Of 1853 4S6 over the same time IN 1898 Ire
directors Of the Vanderbilt roads met TO-DAY
and declared a quarterly dividend or ! per
cent on New-York Central. semi annual dlNi-
dend OF per cent on Lake Shore sem-annuai
dividend of per cent on Michigan Central ana
a semi-annuai dividend OF Ia per cent>on can
ada Southern. q,
Statement for the quarter ending December OIL
for the three years-lSs5 partly estimated
1sa3 1895. 1898.
c. ..,r,r.s q, s9f gIl sl1'3iS2cS SIP SsT 0Oo
Operating s,O49.S3D ',3'N""o '$io'"'
N., earning. ss77shsl SO $50 go $396s 80,
Ne' eainrss '''' - sSs IA s27 4G2 2C50 $40
prof, ... S1.19asil Sl.3ilS0s s3lS 00O
y,i,sSn. '''''''''' III S53 1925 1OJ0 OOJ
surp,u. ..... S76a5S SIls954 s3ls 900