New-York tribune., 1895-08-10

The foreign exchange market shows no cnanse
and rates continue strong. The supply OF piiis
gives some signs Of increasing and gold exports
for tomorrow will be smaller than expected
total Withdrawals for export amounting 10
1862 OO0 No gold engaged to-day for export.
The rates at which business was actually done
follows
Sterling 4sosSsscs CO.'S; 4ssss.ss aS.s s' .ses.s:i
France :::;::.... '.Is,: sss SH'9'a5ss as
Hrisssmark' HSs;ssr. -. .... ....:. sos aOa
The price Of domestic exchange was as follows
at the places named: Charleston. buying par.
70 premium. bank 200 premium: savannah ouy :
ing par. selling y premium up to *Sooo l-io TO- LOT
5000 and over San Francisco. sight par, teie-
graph &c. per 500 premium; Boston, lZ12uIoc us
count: Chicago, par.
Bank clearings were follows at the places
named: Observation-Disclosures. sS2,73O,'sS pal
IA; balances s25O,142 hiladelphia-Exchanges'
s.. .63s o56; balances, $1,266,1OS. Boston-Ex-
changes. $l4721251; balances. sl.6S4,5l5 chicago
Exchanges, sl2999, ,955; balances N'ol9'osz.
The price of commercial bar silver in this mar
ket was 66asc.. nominal. per ounce. Mexican dol
lars were quoted at 53H. In London the price Oh
bar silver was unchanged at 3OAd. Ine Ompiia
sailing tomorrow. will take out 100000 ounces OF
silver. ~ .
Money on call in London was i4alA per cent
a-IsMas DER cent for short and three months
bills. The amount OF bullion which went into
the Bank Of England on balance to-day was
money and the account TO 107 1-l6 and 1OIis re-
spectively American securities were generally
Arm. and New-York Central advanced u to lo4
Canadian Pacific a to 53A. Illinois Central a 10
lO3 and Reading Is to 3. but Erie lost 2 al ~
St. Paul II to 71s4, ard Louisville and Nashville
u to 6li4. an ~ ,o,,
French rentes were quoted at lo2 francs 32ls
centimes; Paris exchange on London, 20 francs
26lz centimes: Berlin exchange on LONDON "
marks 46k pfennngs.
The United States Cordage Bondhoders' Re-
organization Committee. Stuyvesant Fish, chair.
man. have extended the time for the deposit OF
bonds with the Farmers Loan and Trust Com
pany, New York. and the Boston Safe Deposit
and Trust Company, Boston. under their agree
ment OF Julv ~ 1895 until August 16 1895. The
committee is receiving deposits of bonds daily
and II Is reported they now represent In the
neghborhood Of 81 0Oo bonds OF the outstanding
S. 800 900 bonds. 1t Is understood that there is
still a considerable amount OF bonds that have
not been deposited with either committee. Tne
committee feel very much encouraged at the out
look. The statement that the committee have
decided to release bonds deposited with them IS
entirely unfounded
''Dun's Review" for this week has this to say
on the business outlook: Business continues un-
usually active for midsummer, and. though there
is perceptible relaxation. there are no signs OF
reaction. The change OF great Importance
which the past week has brought Is eminently
helpfu-the amicabe settlement between coal
miners and employers in Western Pennsylvania
Ohio and Indiana. 1t Is said that about 100000
men will have their wages increased after Octo-
Der Dy tnlS ADJUSTMENT, anu WHlic tHt SHiai 81
ment OF purchasing power is OF consequence 1t
seems more important that chronic cause
of controversy has been removed by the new
agreement as to company stores. There Is no
important change In crop prospects, and at THIS
time no news Is eminently good news. The corn
crop Is rapidly approaching maturity without
harm; the prospect as to cotton II not quite as
II a month ago, has not ma
teriay altered for the worse. and the later news
about wheat Is fairly favorable. Taken alto
gether, the crops Of the year promise so much
better than was expected month ago that the
effect is highly encouraging, although the other
crops except corn, will not be full.
After consultation among the holders OF ma
jority of the bonds of the Columbus and Hooking
Coal and Iron Company t is believed that fore
closure is unavoidable. II this view NJ l.. Scud-
der Henry b. Ely. trustee of the estate of Will
lam AstOr and George Sherman, vice-president
OF the Central Trust Company have been re-
ouested to act as a committee OF foreclosure and
bondholders agreement Is In
course of preparation. Bonds are to be deposited
with the Central Trust Company, trustee. The
bondholdars are requested to communicate with
the committee.
The Northern Pacific and Montana Railroad
Committee. George r. Sheldon.
chairman reports that 81 057 600 out of total Of
s. G31 900 listed on the NewYork Stock Exchange,
have been deposited under the agreement or
November &C. 1894 In order to give all bond
holders an opportunity to take part the commit
tee has decided to extend the time for deposit OF
bonds with the Knickerbocker Trust Company
until August 15 after which date penalty OF $40
per bond will be imposed
The directors Of the National Park Bank at
their meeting yesterday designated Tuesday,
August 90 for the election OF president in place
of Mr. Wright, deceased.