New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-03-07

cher. IS isos 100 cher 4: , 1905 .i 1893
In State issues there were sales OF 'i'O''
Virginia funded debt 2-3s OF 1891 at 6i' ,ou
Transactions In railway bonds were SID Do
and without significance The Northern ,a
cifc. Burlington and Southern Railway ls' &C.
the only ones to show any markeu
tivity. The course OF prices was irresula.'
with more net losses than gains the io 49,
however, being in most cases only sinai ..,,ison
lions. Some of the weak issues were Atcn,sv'
As, which lost y to 7SA; the seconds, y 10 NJ
Baltimore and Ohio IS Of 1928, to o. IN" 20
cago and Northern Pacific first receipts, u ID VI
49, Hooking Valley 5s. to S61a; Kansas an
Texas seconds, to COZ; Northern Pacific con-
sol So receipts. y to Az; Oregon snort L cS
and Utah Northern consol receipts. y 10 90
Reading third preference incomes. TX TO IVA
and Texas and Pacific seconds. Il to 2SA'
Strong features Brooklyn Elevated nrsts;
which advanced u to 1915; Chesapeake s'no
Ohio 41as. u to "a; Burlington consol 49, Y 10
ll7h; Northern Pacific second coupons. 10
1l2A. and Oregon Short Line 6s " to H.
To-days Washington Treasury statement
covering actual results for two days com,
pared with the last previous statement, SHOWS
the following balances:
Ne, gold on @"sSs is @asss Dec s soes
ssi . %Hsa on d ss Inc Inc
Actual cash In the
p sssas' s,aa 3 go s Inc Inc "ISs5
Available cash sa77, s27oo52 4os Inc ST. oco
Deduct minor la ...
biltes ......... 1G.ois.eoI Iseo4so5 Inc 2o7Go
Actual cash bal so6 0l eo7 s26OO5 CG3 Dec s5a5s4
Customs receipts reported to-day from Wash
ngton were s4O9 6l9 the internal revenue receipts
s961 ,666 and the miscellaneous receipts $50
Total Government receipts for the day. Sslo.'So'
expenditures, $4,000 excess Of expenditures
sl63,32O. Receipts for the month to date. 300
expenditures. N475.0cO; excess OF expenditures
s2,21l .045 Receipts for fiscal year to date SZ2s-
49, 1853; expenditures s247 394s9 excess Of expen-
dtures over receipts. $50, 1880. There were
1928. 25S National bank notes received for redemp-
ton.
The Sub Treasury debtor at the Clearing
House s6l7.09S. Its net gain on balance was siZS,,
564 made up by gain In currency OF xI0Slo anu
a gain in coin Of s357.7.3. To-day's operations IN
Guided; Receipts, A5S5,22l; payments. S4loS,eo''
resulting in a general balance Of SIT s9@6s2 con-
sstng OF SIPS PSI O02 coin and $780, 1850 currency
The business for the week ended Tonight III.
cludes receipts OF s2i.o65.96j and payments OF
sls,34l 800. Deducting from the receipts N4t'VVV
and from the payments $3.522O0O for Items Which
affect only its account with the general Treas "a.
ury. It's gain affecting the banks was s5.oO265'
MONEY AND EXCHANGE.
Money on call 2ik9Sh per cent. Time
money was per cent for thirty days and three
months 4N4la per cent for four months and AZ
per cent for six months. Commercial paper ruled
at 81 M6 per cent for all periods for high grade
The market for foreign exchange was without
feature. Rates remained unchanged Posted
rates for sterling were Hs7,s and SO for long
md short bills respectively. Closing rates Tor
actual business were as follows:
Sterling . ses.; 4 tsSs s; sssf' -
Reich.marks .... Sst ON
Gull iers ..-...-. 4OA +Ot
The price OF domestic exchange was as foi-
lows at the places named: New-Orleans, com
mercial 25c discount. bank 81 80 premium: san
Francisco. sight par, telegraph par: Charleston
buying par, selling NC. premium; Savannah
81 TO- buying l-ls per cent of. selling par; Chi-
cage. 200. discount: Boston. 2oc. discount
Bank clearings in this city were: Exchanges
sgl .947 7O7: balances. s5.424549 Chicago-Ex-
changes 1897 ,s3s; balances. 81 .os.:7ss Boston
Exchanges sl3.252,6l3: balances. 81. 1929
The price Of commercial bar silver in the mar
ket was GsSsc. Mexican dollars We're quoted at
5i+. a55i.c. In London bar silver was unchanged
at 81 5-l6d. Silver to tn amount OF 10000 ounces
and 10000 Mexican dollars will be shipped 10 Eu-
rope tomorrow.
Money on call In London was u per cent. The
rate of discount In the open market was 1916
per cent for short ard three months bills French
rentes were lo2 francs So centimes. Paris ex-
change London. 25 francs % centimes.
British consOls were l09 3-l6 for money and for
the account. Further details Of foreign markets
are given in the usual cable report printed In
another column.
Cuban resolutions and the appointment OF re-
ceIvers for the Baltimore and ohio were events
Of sufficient importance 10 anect almost any
genuine market especially FOR securities. IL
therefore argues either remarkable strength OF
conditions or an entire want Of lie and genu!n"
ness In the market that the prices OF the sixty
most active railroad stocks. which averaged
$40 "A per share February !. have never fallen
since that date lower than $40 80. nor risen
above $50 So per share The market is largely
under the control OF operators who cannot afford
TO see II decline much but II Is also true that the
vote on Cuba and the recelvership had both been
discounted While the Baltimore and ONO ard
It's feeder operated 24lT miles 81 railway. had
$43 800 900 stock and about 10000 900 ind I'D al
floating debt IL has not been a strong corporation
for a long time nor 50 managed as IL win con-
ddence Yet the transaction seems 10 Lave
caused surprise abroad, and large selling or
American stocks by London the net ,ransac-
tions having been about 10000 shares. The
strength Of the market IL largely due 20 more
satisfactory reports Of railway earnings. which
amounted in February on roads within the
United States only 10 S22. s22.3s4. showing a
gan Of 1872 per cent over last year, thoISn 81
per cent smaller than In 1893"
The North Shore Traction Company has de-
clared scnl-annual dividend Of per cent on It's
preferred stock. payable March H.
The Second National Bank. at the close or busi-
ness on February 2s. had loans and discounts "
S. .766 20. and lawful money reserve In bank
643 s6s so The total liabilities were H. 1871 AZ OS,
and included capital stock 5000 600; surplus fund.
5000 600 and deposits $685. 45 10
Spencer Trask 4 Co. and Hollister Il Babcock
offer at 10l and interest per cent first mortgage
gold bonds Of the Burlington Cedar Rapids and
Northern Railway Company. due April l. 1894.
cent These bonds are part Of the 1854 900 Issued
TO provide funds for the redemption Of a similar
amount OF Iowa City and Western Railway first
mortgage per cent bonds. which were called FOR
payment March at l05 and interest.