The sun. [volume] (New York [N.Y.]) 1833-1916, 1897-08-28

pmsrcisI o5 o csnt III premium; COM
g,smiam. 81; fTe"ismssii to so5 70 csPts dis Q
twccn banks, so cents discount, and over conn.
tor, par.
The imports Of dry goods for the week ending
week and $2,ol6,37O for the coTresponding week
20; against 500 ,l7s last week and 81, 141,233
LOT inc corresponding week of last year.
Glucose Sugar Refining common is quoted at
o39S8; and tho preferred at O3la@04ia. Stand
ara ara XII n tronn certificates are quoted at 1880
anu nIetropontan street Railway consolidated
mortgage 5s at l~l2Adll2a,
The Chesapeake and Ohio Railway Company
reportS LOT 'he year ending June 80:
or. expenses. o~.ooa,iSs 7%,ss6,7e0 Inc. sss,oiO
Fixed charges. s%,iiO,O37 'S.iis,s7i inc. s.ss4
Surplus ..... sl47,s4i $500 li rnc.slOO.a goo
The mileage operated was the same as last year,
namely. l,275 miles. Operating expenses.
Which include maintenance of way and taxes,
last year. Fixed charges arc stated after do.
Quoting income from other sources than oporat-
line from Lexington to louisville. which the
company has operated under %trackaRe contracts
curing the year, and of which the EARNINGS and
ls5, JUDGED BY Inc traffic Of the last fourmonths
,hS ny II III II IuturG DO pTOlItblt. Oh llSclt
H. addition to the traffic 1t brings the main
line; The outlay to date has been charged to
Rprroht and loss at tho close Of the fiscal year.
INC company has continued Its policy OF I'M:
proving and charging the property. and all
such work during the year has been CHARGED to
charges to construction account for any purpose
Mhstevsr during the year. Among the items
i " ode in operating expenses were los miles
ings, S5i,3o3;. new buildings at different
points on the line. $4,000. The average train
tons, which. is Indicative OF tho high physical
condition OF the property and also OF the study
that Is given. TO the question OF heavy train
loads. which is, OF course. the greatest test OF
year now begun will be substantially the same
the financial condition OF the company was sat
istactory. as II has on hand and was entitled to
receive from the trustee Az per cent. mortgage
bonds to an amount which. at current market
prices, will, enable it to liquidate all current La
bilities These bonds can DO sold at any time.
put their sale at present Is not necessary. nor
does 1t seem desirable to the directors. Mean.
while. the company is borrowing $500. 900 at 4
per cent Il interest, PAYABLE June 80. 1898, which
counts OF the company have been audited by
patterson q Gorwin,, certified public account
correctness of the accounts is appended to the
report.
The Chicago. Milwaukee and St. Paul Railroad
increase OF $l67. I87 as compared with The same
month OF last year. and net $949, s3s. an in.
crease or Sl2S.9IJ.
The Wabash Railroad reports gross earnings
Tor July OF $9IO,635, a decrease OF SIS. SBi az
compared with the same month Of last year, and
net $329,43i, an increase OF S14. 100.
The staten Island Rapid Transit Company re.
ports Tor the quarter ended June 80:
Gross earnings. .seoC,6is slaI.So4 Inc S"'s $685.
operat'g expenses. lo6,346 sO,545 Inc. 1851
Net earnings. set,soe tio4.o6e Dec. sa.757
Fixed charges.... sd'e8o s0.si5 Dec. 1900
- - -
Net Income &c, s7.os3 sls.oss Dec. s5.45O
Cash on hand, s54.212; profit and loss def.
ciencyh $l06 ,592.
An official report of the work which has been
done in improving and equipping the Baltimore
and Ohio Railroad since it was placed In the
hands Of receivers shows that the electric
at Baltimore has been completed, tho
to a capacity of 5000 cars. and changes in the
roadbcd. cuts and other improvements TO the
amount OF over 81 1000, 900 have been carried out.
Seventy thousand tons of steel rails have been
purchased at a cost OF 81 100000. the $225. 900
Mount Royal passenger station at baltimore
Station at a cost of $4,000 is nearly finished.
and over 81. 900. 900 worth OF rolling stock
been bes oG mad psFs SiSins the hs" R"lt arpanse and 6b nave
connection with the Northwest. Japan. and
China by way OF the Great Northern Rrilway
line by way OF Detroit. Mich. and Windsor.
Ont. to the Northwest, A new passenger. en-.
trance mas Dttn secured In GT0Ater New NnrE
at South Ferry.
Fice.Presidcn Bowron Of the Tennessee Coal,
Iron and Railroad Company Gays: The chief OBJ.
stacle to the extension of our exports Of iron and
steel is the deficiency of suitable ocean freight
accommodation. The greatest impetus that could
DE given to exports would be supplied by legisla-
importing, countries with subsidies for
carrying the mails. know OF many thousands
Sc SoS uGR' G II irSn A thsa GG"ld A BE s,,irpsd c to Ipa Sn5
Brazil. il direct lines OF steamers were estab.
lishcd between south Atlantic or Gulf ports and
these countries. There would not only be ex-
ports Of pig iron. bar iron. steel billets. ETC.,
from this district, but also coal and coke"
President S~tickncy of the Chicago Great West
the first eighteen days earnings of the company
40 y cent. is in local business. 81 = cent. in Iner-
c%handise forwarded West from Chicago, "a
? cent. in passenger business. and only
These figures show that the improve
m moReme ls genera Of crops, AND Which ii R hSs bare b@rcly to c5 the
mcnced. Officials OF tho Great Northern and of
the Chicago, Great Western railway companies
assert that there is no basis whatever for the
rumors cmanRting from Chicago of n close ALI
nncc between tho two systems.
The Richmond Locomotive Works have suni-
cicnt orders on hand to keep its plant occupied
at full capacity for a long time. An order for
twelve locomotives was booked by tho company
yesterday.
Brndstred's reports the number of business
failures in the United States during the past
week at 2lO. against 22l last week and $50 in
the corresponding week "A year ago. II. q. Dun
& Co. compute the liabilities OF firms failing IN
the first nineteen days OF August at $6.33s.273,
against $2O,932 "s5 in the corresponding period
of last year.
The receipts of the Government to-day were:
Customs $270.s42; internal revenue, $500. go;
miscel %!ancous, 81 l,+55; Il total OF $75l, $50.
The disbursements were S675, 900. an excess
OF receipts. over expenditures of S75.55G Tho
receipts Of tho fiscal year 10 date have been
$50. 500. 702, and disbursements ISL, poi. 9Os, nm
excess OF expenditures over receipts OF 800
425. 200.
OF business to-day as officially computed COM
pared with those of yesterday as follows:
Aug. 20. Aug. OF.
Gold coin aud bullion -. 81 ~. $50. 7gS Sl43, sIl. 2i9
Silver dollars and bullion IN. POS, 2p5 2b,s2H,572
United States notes.. 21,37O,i S3 2TIl3,747
Othtr assets In excess Of
demand liabilities 80. 23. SEQ. 200 I. 604.O 36
Available cash balance,
including gold reserve. S220, sos, TS$ o22O, $4,000
AInney In Ianaan :. IL 1 o aant RaIauaf dIs-