New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-03-04

small, and the course Of prices. was without
important change save In the Baltimore ana
Ohio issues Net changes in many issues Wee
nj fractional declines Baltimore and Ohio IS
of 1925 advanced Az to 50. and the os OF 1888
declined ~ to 91ia. Among other bonds to SUI
fer net losses were AtchisOn Is, IS to 1873;
Atchlson seconds, y to 26la. Chesapeake and
Ohio consol. IS, y to los; Denver and Rlo Grahde
As. y to 50: Louisville and Nashville unified AS
q. 10 1917: Pittsburg and Western firsts. 2. to
GU Iowa Central first - advanced. y 10 sii2;
Mobile and Ohio As, a to G6i2 ontario ana W est
ern refunding As. u to 9oi4; Northern Pacific
collateral trust notes, L to s''s, ana ana richmond
and Danville debentule IS. y to l0lia.
To-day's Washington Treasury statement COW
ering actual results for two days ago compared
with the last previous statement, shows the fol-
lowing balances:
Ne, gold on A1sSs Ha5Sa Inc GsaaSs'
Nj . sS94 On ' ssS5s % bee " sa5.ss
Actual cash in The
pSss e BANK ses Inc 'a go
Available cash s27557s45s s27Oc4s27 Inc. siocasi2
btles ..,.' I2s72452 1asooas2 Inc. 1.o27aao
Actual cash bal s2c2 7o7 oo6 s262 742ss0 s35ss3
Customs receipts reported to-day from Wash
ington were s3l5.5S2. the internal revenue re-
CENTS S2lOA04 and the miscellaneous receipts
s77 352 Total Government receipts for the day.
s7O333S: expenditures. $1,0S9,OO0; excess OF ex-
pendtures s3s5,6C1. Receipts for the month to
date So O97 AS: expenditures, $2,540,OOo; excess
of expenditures s442.as5. Receipts for fiscal
year TO date S224 962. 361; excess Of expenditures
over receipts s19.Ool,122 The Treasury received
to-day s2S2.91S National bank notes for redenp-
ton. ,
The Sub-T:easury has debit balance at the
Clearing House of s30l.545. Its net loss on bal
was Sl15,262, made up by loss IN n, cur aa,
rency Of sS332S and loss in coin of S3l sSi
To-day's operations included: Receipts S2,Soo-
OF payments, s2,92l.2s9, resulting In gen
eral balance Of s217.Oo9,539 consisting or
1927 975, 400 coin and ss9,OS4O49 currency.
MONEY AND EXCHANGE.
Money on call was SGSla per cent. Time
money was 4 per cent for thirty days. 4Q4ls per
cent for three and four months and Az per
cent for six months. Commercial paper ruled
at 5lkQ6 per cent tor all periods for hgn-eraue
paper, and above for paper not so well Known
There was better demand for commercial
paper. ,,, iii,
The foreign exchange market was dull with
out change in rates. Posted rates for sterling
were "a S7lh and 81 SO for long and short piils
respectively. Closing rates for actual business
were as follows:
s..,a. . Sss.i 's II; Sa e.
HSiGhsmarhs ..... 49,. . GSa.
The price Of domestic exchange was as FOL
lows at the places named: New-Orleans. COM
mercial par, bank 81 so premium: San Francisco.
sight par, telegraph par; Charleston buylns
par selling &c. premium; Savannah 81 10, buy
ing l-l6 per cent off. selling par; Chicago,
50025c. discount
Bank clearings in this city were: Exchanges
s142,943,936; balances, s1.51s6oo Chicago.Ex-
changes $17772 231: balances S1596,6l7. Balti-
more-Exchanges s2Ss3.0l4; balances, s4O7.527
The price of commercial bar silver in the mar
ket was 6SA. Mexican dollars were quoted at
54iac In London bar silver advanced l-l6 TO
3lAd. Silver to the amount OF 10000 ounces
and 10000 Mexican dollars will be shipped 10
Europe tomorrow
Money on call in London was Il per cent.
The rate Of discount in the open market was
1916 per cert for short and three months bills.
French rentes were 102 francs Is centimes.
Paris exchange London. 25 francs % cent
ines. British consols were 1O9ss for money and
100 7-16 for the account ex-nterest Further
details Of foreign markets are given In the usual
ca BILE report printed in another column.
Messrs. j. =. Morgan Co. announce that they
are now prepared 10 receive their reorganization
certificates for securities Of the NewYork Lake
Erie and Western Railway Company for con-
version into securities, provided in the plan
of reorganization.
Messrs. G. ]. Lawrence & Sons. representing
holders of q large number OF the first mortgage
bonds of the Pttshurg and Western Railway
Company. invite holders OF these bonds In
movement for the protection Of their interests
and request them TO send their names and ad-
dresses and amount OF bonds held. The financial
embarrassment Of the Baltimore and Ohio Rail
road has resulted In the appointment OF a re-
ceiver for the Pittsburg and Western property.
est in the common stock OF the Plttsburg and
Western. and is also an owner Of It's second
mortgage bonds. and indorser of its floating debt.
Under these conditions the firm says It Is OF the
greatest importance that the holders OF the first
mortgage bouds should unite for protection az
their own interests and that they should do
without delay.
PENNSYLVANIA REPORT.
The report OF the Pennsylvania Railroad Com
pany for the year 1885. published this morning.
serves again to call attention TO the admirable
system the company has Of presenting the de-
tails of the years business and the financial
condition Of the company to the stockholders
The intelligent and sagacous management Of
the property in the last year has afforded.
In other years. a splendid exhibition Of results
and the friends and stockholders Of this vast
property may we'll feel proud over IT'S
financial condition. set forth In the
the lines east Of Plttsburg and Erie. and ex-
pending over S1.3000O0 on improvements sum
of sS,634,0OO remained. out Of which a dividend
OF per cent paid. leaving s2,169,45S TO be
carried to the credit Of profit and loss account.
When the Industrial conditions prevailing in
the last few years. and in measure continued
In 1895, are taken into consideration, also the
low rates on both passenger and freight, 1t will
readily be seen that the earnings Of the prop
erty exceptionally gratifying. Marked i'm
provement was shown on the lines west Of Pitts
burg In comparison with 1894. there being. after
meeting all liabilities. net surplus of 81 1851 500.
against loss in 1894. Of A0,17l. The report
says this in regard to the funded debt: I'm view
of the fact that large amount OF the bonds
upon yoIr western lines bearing per cent
interest, approaching maturity it was
deemed wise to take advantage OF the excep-
tionally favorable conditions prevailing IN the
money market during the last year, TO sell
$3O0O,00O of the consolidated mortgage bonds OF
the Pittsburg, Cincinnati, Chicago and ST. Louis
Railway Company. held in the treasury of the
PENNSYLVANIA company, and the proceeds
thereof for construction and equipment pur-
poses. and in anticipating, as far as practicable.