New-York tribune., 1896-11-25

tions among active issues, the chief exceptions
being Mobile and Ohio 4s which advanced to
6Sl2. and Northern Pacific consol js. Ia to J5l:.
Other strong features were Reading second pref
erence incomes, y to 3S; the general is. ~ to 81;
Rio Grande Western frsts. y to Az Atchison
adjustment Is. * to 42as: Texas and Pacific sec
ond Incomes X to 22%. ard Wisconsin Central
first receipts. y to 40 Among the issues which
made net losses were Chicago and Eastern ILL.,
nois js. y to 1O1 Erie general lien 3-4s. y to
641S: Kansas and Texas first As. IA to 49, the
seconds; y to 3S',: Ontario and Western refund
ing As. Y to SSia; Oregon Short Line Gs receipts
"A to 1lOl4. and St. Joseph and Irand Island
firsts receipts, y TO 81
Money on call was 2q3 per cent. Time money
was 3 per cent for sixty days. :'I3ia per cent
and per cent for six months Commercial pa
per continued in good demand at 4l2@o per cent
FOR the best names for all periods. and oi2g6 per
cent for names not so we'll known.
The foreign exchange market a trife
easier on a lighter demand Posted rates for
sterling closed at 81 S3ia and 81 81 for long and
short bills respectively. Rates for actual bust
ness closed follows:
Sterling .scsisi GssIi 4sis sa, Ri%1ss
s:;s:@ii. s:;S::. s:SSs: ''ssass' az: 's$ '''assss
Domestic exchange was as follows at the
places named: New -Orleans-Commcrcial. 81 90
mS1 30 discount; bank. par Charlcston-Buy-
ing. Il discount selling. II premium. savannah
Buying. 1-16 per cent off: selling. par san
Francisco-Sight. Toe: telegraph 12,sc. Chicago
-.0c. premium. Boston--Par and &c. discount
st. Lous-75c. to 81 premium, Cincnnati-73c
premium
1926 .I4S. .445: balances. $G7791I1. Baltimore
Exchanges 50 JOG 800: balances. S.s}I .6>i. chi
cago-Exchanges $l3,oS0, -; balances; 81 l2",-
OSS Observation-Disclosures $1S,5S9,343 balances
81 .653322
The price of commercial bar silver In this mar
ket was GSH Mexican dollars were quoted at
JO5s. In London bar silver vas unchanged at
BOD. Silver exports tomorrow. 461.WO ounces
Money or call In London was 3 per cent Open
market discounts. 3ka3% per cent for long and
short bills British consols closed at 111h for
money ard 11iI4 for the account. French rentes
closed at 1G2 francs Go centlmes. Paris ex-
change in London. % francs. % centimes Dis
count rate in Paris. per cent. Discount rate
in Berlin. Az per cent.
THE FEDERAL TREASURY.
To-day's Washington Treasury statement COW
ering actual results OF two days ago. compared
with tho last preceding statement, gives the foi-
lowing balances:
Ne, gold on N2y q s .,ss..s, Inc ;as;:
xs; .Ssl ss"a on ia sssss: R; ss 'issss
Actual cash in the
over outstanding 80. 80, am, o-o 90, no, $3.50 ,,o
Deposits in bank. iG3s9.Gi 1851 oas Dec. scas
Available. cash s24i. 2s4 sc4o csa Dec s'eo's
biities ........ 1e.55s.s74 ic+eo7si Dec. 1910
Actual cash bal SOS 7C4a0o sos a72a52 Dec sssi4os
to-day were S42O4j2 internal revenue rs,,ra. Do
1901 1S9 and miscellaneous receipts. SsioUs'' nss'
total Government receipts for the day, Sl'o",;-
900; expenditures Sl343oo; excess Oh y; date
500 5tG ,;5I: expenditures. S21.2SI,Wo; excess
OF exrendtures $3.50. $40. Receipts for the Ms
cal year 10 date S126.O55.03l: expenditures
siG5. ga .o57: excess Of expenditures s$9,'79-
92G Receipts Of National bank notes 'or re-
domption to-day were SiSl,s'? H., ,oro
sub Treasury receipts for the day We're
IN a General balance OF SlGS.,,6.G45. consist
ing OF Sl2I 49, 3G7 coin and SAG S2G"!S cur
rency. The sub,Treasury h,a aenIa me-,
loss on bilance was SGOG41 made up by loss
in coin OF S1O4 427 and II loss In currency OF
$JO2.OiS. $780,,
Improvement Company. of which John l. Wa
terburv is chairman. defines It's position as ioi
lows: I'm view. Of rumors when appear |" ',Ire ~
received some credit. 1t Is deemed proper 70 IN
form YOU that the plan for readJusthg thr RI
fairs Of this company. Issued ny 'he commute
OF which the undersigned is chairman, nhs @ no.
| been abandoned: on the contrary. its success
seems fairly assured since IL ALREADY has the
support of about ~ per cent of the iirst mort
gage bonds. 10 per cent OF the c3nsoi,ua'sn h -.a
mortgage bonds and preferred stock ana -"
| Der cent Of the common stock. ana further ue-
posits are now being made daily. This plan mas
| been underwrittcn.
"Af,cr gathering all the Information available
and carefully considering the subject. the com
| mittee whil. fully awar" thai it's proposals
some was reluctantly forced to thcs" conclu-
siOns. namely. -.
First. that less sum of money than that
called for would be insufficient. not merely 10
do the things II might BE- desirable To do. but 70
| do the things which are clearly necessary 10 DE
| done In order to put the new company III Hooh
| credit preserve it, property and enable II to do
lusiucss at IA low cost and with sufnclrnt Iront
| 10 Justify it's existence or course all surplus
| cash and securities are 10 be owned by the new
company The agreement 50 provides
Second. that second mortgage bonds. even Tor
| the amount Of the proposed assessments
| would to a serious extent. affect injuriously
| both the market and the actual value of the
new securities and. II requiring interest pay
| mcnts before the expected benefits Of the reor-
panIzation should be realized. would hazard the
| solvency OF the new company.
EXPORTS or MERCHANDISE FROM NEw-foRk
1874
| Week ending Nov -. s0Gaoco4 s!i2o+0s s772i e65
From January 1.... .3s V4."o il2s.."2' "-"' i'z
RAILROAD EARNINGS.
INTERNATIONAL AND GREAT NORTHERN.