New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1897-10-03
THE BOND MARKET.
Sales Of Government bonds were 5000 cou-
pon IS OF 1928 at 126 Final quotations follow

THE, BOND MARKET
Sales Of Government bonds were $1,000 cou-
pom As Of 1928 at 12G Final quotations follow:
L s.. l.ol BID Us IS m reg Ii;.
s. H. I:S IS eur g: 1899 1875
Is is - l: :S cs ssr t. j. i Iss S Ss
The railroad bond market was strong on
moderately large volume OF business Inc
heaviest dealings were IN the Atchison genera
and adjustment Is. Chesapeake ana ONO TO-
Chicago Terminal receipts. Kansas ana i ,tn
seconds Northern Pacific issues. oregon Shor,
Line consol ~. Reading general rs, Texas ana
Pacific second incomes and Union Paclhc Den
YER and Gulf hrsts. The chief net gains "ere
made by Atchson general Is y TO oor4' t!e
adjustment Is. = to 59%.; Central OF Georgia
first IS y 10 11J7s: Chicago Terminal receipts
II TO G3A Northern Pacific prior lien As = 10
oos the general 3s y to 39%4 Oregon sn9rI paci ac
second incomes. * to HDi. and Union Pacihc'
Denver and Gulf frsts y 10 o2'2.
THE MONEY MARKET.
Money on call was 8 per cent. Time money
was 81 per cent for sixty days. per cent Tor
three months { per cent for four months and
~ Der cent for Six months. COMMERCIAL paper
rates were firm at 4i,a5 per cent for the best
names for all periods. and 5NoiI per cent toi
names not 50 well known
The foreign exchange market closed weak
with the tendency toward lower rates Posted
sterling was SPA ~ and isJiam4Sti for long
and short bills. respectively. Rates for actual
business closed as follows
c ,sss I t.gs D'@ aSl,.
irancs ................... sis I'll. a9l,
I:a;1 ,l :. S; 8 S' s-lc 20:
TIL commercial price ~ bar silver was '6i2c
Mexican silver dollars. asa i5o. In London bar
silver advanced i.d TO 26i4d.
Money on call in London was per cent. and
open market discounts l7sa2 per cent FOR short
and ,er cent for long bills. British consos
closed a. III 1j-lb for money ana III LOU ior
the account. French rentes were loi francs ~.
confines Paris discount rate > per cent. Paris
exchange on London. - francs II confines
Berlin discount rate. -. per cent
SOUTHERN RAILWAYS REPORT.
The annual report OF tho Southern Railway
COMPANY FOR the year ended June 30. 1897,
makes the following showing in its income ac-
count:
1896. 1897. Changes
ossr,,'' '''S sioos22l7 sioo7o Dec s27i7
o sn ,aSc. 'A'n la4si7 la9a3 i5o Dec DIS col
,perati0n $500. $500 100 s5si5SiS Inc. s2i5.54i
soufoes "...'.',. iss5o7 2N6> 81 Inc. e7.a25
Nr' ennf s s:S; ss5 & I Inc: s5 So
rom income 49,. 4t45s 75o22 Inc. go 500
Totals ........... s5ec..s2s saGs725e Inc si2s l27
Balance carried {:
credit OF prodt and .o.o ,
The foregoing statement of income account for
the two years embraces the results for the sew
cral roads for the periods during which they
were respectively operated by the company. the
earnings and expenses representing the Olcra-
ton of an average Of iJl3 miles Of road in the
year 1896 and OF lS0J miles in 1891. The in
crease of 1898 Sta Ii in the amount OF interest
and rentals" is chiefly due to the fact that SlD-
GSS 900 Of Southern Railway Company consoli-
dated bonds and the S3.5iS.00O Of Richmond and
Danville Gebenture bonds. bore interest for only
Il portion of the fiscal year ended June 30 1896
The profit and loss account shows:
The balance credit profit and loss
The credit balance Of income account for the
year ended June 30. 1897. s......... 445 aia -
AGAINST which the following charges have been made
during N" ended June 1921:
Dividend No Southern Rail-
preferred stock. |
Per cent. paid January 1897. .S5i3 600
Discount southern Railway Com
pany consolidated per
bonds cold during the year. .-... us Oo0 90
Cost Of Franklin and Pittsylvana
first mortgage g per bonds
purchased during the ana
written on valueless. SO 654 81
Miscellaneous accounts written OF. l.. 651 90
75s 3i2 AZ
Credit balance carried forward June 50
isgT . Observation-Disclosures, 81 l3o $40 %