The sun. [volume] (New York [N.Y.]) 1833-1916, 1897-09-18

soA. Fixed charges wero ga eos. 1853, leaving a
surplus OF 6 ,452,44e. which. with a surplus Of
$3.50, ISL, enabled the company to pay 3 y cent.
interest upon its adjustment bonds and carry
forward a surplus of s5l.s7s; The mileage OPP
report is an unusually interesting one, contain
ing besides the usual statistics a good deal ct IN
formation, regarding transactions maze oy inc
pletion Of the reorganization.
A despatch from Boston says that m investi-
cation will be made by members, OF, the Boston
Stock Exchange as to the methods adopted In
the Slo,0oO 900 increase Of capital by the BAY
State Gas Company OF Delaware. Tho attention
been called to tho matter, and the listing Of this
additional stock even on the unllsted depart
factory explanation is made. Considerable crit
icism is heard that n corporation can increase
It's capital WITHOUT any foreknowledgc TO stock.
holders and sell the new stock to the public
through the exchange, as was done in TINS case.
The total shipments of anthraci,e coal during
August were approximately 10000 TONS as
month Of last year. 3,s35.9i4 tons in 1925, and
3.0S5, S43 tons In 1894. For the first eight
24,2oo,O 600 tons. as compared with 26,59s, 700
tons for the corresponding period last year, 2S.-
1861 issiI4' IONS In $780, anu @0''00'''' '0"' :"
dianapolis and Louisville Railroad company
says that tho despatch from Cincinnati, printed
t t6orIn mSSrp fhe ;sa tSa Of III sIS 600 Of tie n Stock &C" Of
the company Is incorrect. The stock referred to
was provided for In the reorganization and was
to have been distributed among the holders or
the 8 v cent. bonds had they scaled their bonds.
but as they did not accept the proposition the
stock remains in the treasury OF the company.
The experience of the larger banks indicates
that the net outward movement, OF money, to
the country for crop purposes this week mas
actively in progress to the South, and 1t Is daily
becomine larger to tho West. While Chicago
has taken the balk of the money sent West,
shipped to st. Paul, Minneapolis. and Duluth.
A. the sub-Treasury the banks have lost ST.
100000
In the recovery Of agricultural values the ad.
vance in the price Of cattle has been quite as
important as that In cereals. letter to q largo
ranch owner from his manager in New Mexico
reports sales OF threeyear-old steers at $3.50
and two-year. old steers at S2i, delivered on the
ranch. es Sales Of the sams cattle in April last
$3.50. The ratio of advance therefore SINCE
last year is about 80 y cont, which ratio prob.
ably applies equally to other classes OF cattle. The
census Of 1896 stated oxen and other cattle at
&c. t9. 900 and cows 1~5,952,OOO. a total Of
sales show an advance of more than So a head.
which, II applied to the entire cattle holding in
tho mm limited ,bs S,n ssso T oSo ,oo SiI io f tbis sp G1s% siooa
during one year.
Brodstreet's reports the number Of business
failures in the United States this week at i69.
as against 175 the previous week and 3l5 in
the corresponding week Of last year; X G. Dun
& Co. compute the liabilities of the concerns
at si,S5a, Gsi, against $7.9o9,462 in the corr
spending period of last year. The figures for
this year include estimated liabilities OF a stock
brokerage concern. which, are estimated at
be regarded as n business failure, strictly speak
| ing. and the net liabilities are probably largely
overestimated.
The receipts OF the Government to-day were:
Customs. $5O5, os3: internal revenue, $494. 352.
and miscellaneous. $57. 457. q total of 1856. S92.
The disbursements were 1891 900. an excess
OF expenditures over receipts of S34, LOS. Tho
receipts OF tho fiscal year to date have been
500. 900. 276. and disbursements $9s.014.9 56, an
excess of expenditures over receipts OF $2s,-
022, $50.
The net assets OF the Treasury at the close of
business to-day as officially computed compare
with those Of yesterday as follows:
Sept. 10. Sept. II.
Gold coin and bullion -. ol46.0 6l.l 1874 Sl&e, 1920
Silver dollars and bullion 17.13l.7SS 6,t32,s53
United States notes ...... 97.O2s, SOB S1.95l, ol9
Other assets in excess OF
demand liabilities 49,. l5.s4e.25o lT,lO2.17A