The sun. [volume] (New York [N.Y.]) 1833-1916, 1899-08-12

N NS An ( West liz liz "~ L " Z -" s
| 'Ex-dividend
| Government bonds nrmer. The As Of 1925
closed Y point higher bid. Railway and
other bonds dull but Arm The features
| we're Colorado Fuel and Iron 5s, Kansas
and Texas Eds. Kansas City, Pittsburg and
| Gulf LIST. Southern Pacific LIST w. l., Union
! Pacific As. Atchison. Baltimore and Ohio. st.
Louis Southwestern. and Wisconsin Central
| Issues.
Commercial price Of bar silver in New
| York. 60hc Bar silver In London closed at
| 27 11-18d. Mexican silver dollars were quot
| ed at 49, Exports to Europe tomorrow.
! 325, 900 ounces.
Money on call 21s631s per cent. Time
money is quoted at 41a per cent. for five.
| six, and seven months on dividend-railro
| stocks; 4hs@5 per cent for four, Ave, and
| six months good mixed loans. 80 per cent.
industrials. Commercial paper Is quoted at
4141k per cent for bills receivable; accept
ances and prime single names, 494k per
| cent; other names. 4hG5 per cent.
Sterling exchange opened firm, but the
demand for to-morrows mail was light, and
the market closed with an easier tone Con-
tinental exchange was quiet and unchanged.
Posted rates are: Long drafts, SASSY; sight
drafts. $4.s7. Actual rates are: Long bills.
81. S2h@4S2A sight drafts, $4.S6@4S6A
and cable transfers. s4.s6%; francs are
quoted at 52lh45.2lk for long and 5l9A
@5.16& for short: reichsmarks, 94Q94h for
long and DAN 4947s for short; guilders. 39%
639 1916 for long and 40@40 1-16 for short.
Domestic exchange on New York: Boston
and 4 cents dtacount Charleston-
Buying. par; selling, II premium. savan-
nah-Buying lie discount; selling rs
cents premium. New Orleans-Bank, so
cents premium; commercial, so cents dis
count. San Francisco-Sight, 10 cents pro-
MUM; telegram. 1914 cents premium. St
Lous-lO cents discount. Chicago-3O
cents discount. Observation-Disclosures banks.
par and 80 cents discount; over counter. 80
cents premium.
The imports Of dry goods for the week
ending to-day were 81 800 ,sO4. against ST..
500 1922 last week. and 81 ,643, 1872 for the cor
responding week Of last year. The amount
marketed was $2.0os,S21, against 81 $3.50
last week, and 81. 1851 ,4S9 for the correspond
ing week Of last year
Railway gross earnings for July compare
as follows:
s sT 'f Fan aisS inc inc 92is
The Detroit and Mackinac Railroad re-
ports gross earnings for June OF $66.573. an
increase OF $17,064, as compared with the
same month OF last year, and net s27.l0s,
an increase Of $500. For the year ending
June 80 the gross earnings were s6O1 231 an
of wit ho
corresponding period OF last year. and net
$3.50. 500. an increase OF $2029
The local movements OF money this week
are described by the New York News Blu
reau as follows THE known movements OF
cash about balance this week, but some OF
the banks that are not usually prominent in
the express branch of the business are under
stood to have gained cash on the week. No
gold was received from or shipped to Ca
NADIA. and no gold was received at the AS
say Office from any source In the competi-
tion by out of town bankers and institutions
to lend money in New York recently, de-
posts that had been lying with New York
banks have been employed. but in some in
stances new money was received from out
Of -town. swelling the cash balances Of the
been also used. The demand for these gold
certificates Is, out OF all proportion. great
err than the supply. and fnanciers express
confidence that the authorized issue OF these
certificates Will be increased to accommodate
the public. The banks received direct by
express in cash $l.737,5S7. and shipped ST.
53l sos. a gain on the movement OF S2O5.
SO. The banks lost at the New York sub
treasury on account OF internal revenue and
customs payments 1899 900 The apparent net
loss OF cash was $l93o2t. The daily reports
OF the New York subtreasury indicate for |
the full week as follows: Total net receipts |
500. 1872 900; total payments S2O,533 900; ex-
cess receipts 1899 900.
Unofficial gossip is that the banks in this |
city have further contracted their loans and |
OF bank averages will be the outcome OF |
such reduction OF loans and OF changes in |
the deposit item So far as may be learned, |
ust-company operations incidental to in |
dustrial properties have not been an influence |
one way or the other"
BrddsrCefS reports the number of bust
ness failures during the week at 1866 against |
l5G last week and l57 the corresponding |
week last year.
The receipts of the Government to- day were;
Customs, $il7.Il9; internal revenue $500. 352. |
and miscellaneous. $l476l, u total OF 81 ,59l,-
s32 The disbursements were $l,9S5 900, an
excess Of expenditures over receipts of $685.
1868 The receipts Of the fiscal year to date |
have been $G6, 2OS 43S, and the expenditures
SIS OST $50 an excess u expenditures over re-
ceipts of sll ,s7h,652.
The official count OF cash In the Treasury
to-day, compared with that of yesterday, |
shows:
August 10. August II
Gold Coin and bullion, $24l hGl T57 S94T 535 i0i
silver dollars and bullion. IGT ttiB IGI1 IlHt,
I. + notes ..;..,,;.....; II 7l5.7+6 10 7GI,G56
Other assets, less demand ''
liabilities .........,.... G4Ssl73 65g5 5s1
Available cash balance,
including gold reserve. S273 S3a, O3g S248 497 go7
Money in London "a per cent. Rates OF
discount in open market for short and three