New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1897-09-11

There was n decline yesterday OF "a cont III me
actual rates for sterling exchange. The price OF
demand exchange was 81 $50. The decline was due
principally to the pressure % cotton bill; on the
market. and removed any apprehension mat may
little room for doubt THAI within thirty days or so
gold vii! be flowing from Europe TO America
The dealings in stocks yesterday the New
York Stock Exchange were again large The gen
eral movement Of prices continues upward Some
of the net advances. comparing the closing prices
with those Of Thursday were: American spirits
preferred /; Brooklyn Rapid Transit. ii. Brook
Ign Union Gas !: Burlington and Quincy. ~; Big
Four lis; Consolidated Gas, 6: Delaware and iud-
"a Kansas and TXsi IVES
Omaha ~ RIG GTande Western PsreferrTGSd a.i ~,
and Lake Erie preferred, 2's.
1t was reported that the gross earnings Of the
Chicago Burlington and quincy Railroad Tor Au-
gust were 500 Oco greater thar in the same month
in 1896.
The increase Of s4.92a in the earnings in August.
as compared with the same month in 1896 OF the
Missouri Kansas and Texas Railroad means more
than the figures imply. There was an annormai
traffic movement in August and September last
year. August showing $4,000 greater than the two
preceding years. and September $4,000 greater.
ngs of last year has really shown a large increase
over any normal period THIS Is deS ir , by
largest in the companys history me gross earn
ngS for the having Dttn sll,0ifV toiilht
ing by months July. iSS4 showed earnings OF s,a6-
COO against sos 600 for the current year; August
1s2 showed Ieo s asSip'i o PIE
1884, showed 81 900. against 81 2o6gO FOR No ana
soon as the month Of September is passed com
PARSONS will he with normal ptriod
II is stated that the Northern Pacific Railway
has sold TO j. p Morgan & Co certain land which
secures the Missouri division bonds for an amount
sufficient to retire all the bonds outstanding on that
division The amount involved Is about u t." s
lana As the result of this transaction the Ms
souri, division bonds will in due course he called Tor
retirement.
Interior banks are drawing more largely upon
New-York banks for money to move the crops
This week the shipments OF money in excess OF
receipts have been about 2i.5oGo. The increased
demand has been largely from the South. Notably
large orders for currency have been received from
banks in Neworesns Kansas s;,ss cry M sd,,
Atieniic coast Tn, call from the West has con
i;1rmod good with the principal shipments 10 Chi
cago, 81 Paul and Duluth.
There was another bulge IN wheat yesterday. AL
though it was not maintained. on tie NcW-lorK
Produce Exchange the opening price for December
wheat was 81 o8, which was the hiSh price OF inc
day. and was Ia cents above the closing price
on Thursday. The price dropped TO 81 Ci's at the
The high price for September wheat was 81 o.
The final price was 80 wnich erc ane ls and Sep
the day n cent, ne ioss III i' ~ '
TENDER corn was IS cent
Rumors Of the sale OF the Manhattan Hallway
Company 10 a syndicate headed by William {.
Whitney were revived in Wall Street yesterday.
and as promptly denied by Russell Sage and Others
In authority.
The Westinghouse Electric and Manufacturing
Company has been advised by its European com
pauv of the award to II by the Metropolitan Flee
trical Supply Company Of London Of contract for
large electric lighting plant to be installed IN
Tondon II IS said that the contract amounts -
hefwpen $3.50 900 and 100000. All Of the apparatus
will be made at the works Of the Westinghouse
Companv in East Pittsburg. Penn