New-York tribune., 1902-09-07
U411 STREET AND EXCHANGES.

,- -rpADr%G-The London Stock Ex-
obano. vae closed and foreign houses We're no,
active in the local 1nafAEl ,,,, g. rob;,so, GOV,
GOVERNMENT BONDS.-Fisk q Ronhnson say
. -, - q large demand for United states
I'D 1,,,jnr the latter part OF August there mas
bean a marked appreciation IN prices CP 10 tue
nraeer+ time actual withdrawals OF ciIcuiauou py
.t-,1 ,,rl,s during the month amount to $965,TD.
ia a. @ ~ - -, circulation has been taken out,
,l5;, s1,5 o5n for new banks. The Secretary of
The Treasury recently invited national oanks IN the
larger cities to order additional crcuation SO that
in the event OF high rates LOT money currency
couId he readily issued With present conditions it
o,,1d seen, that difficulty might be experienced in
;ro the requisite amount Of bonds. the
.1.fIabIe s1,,p1y IN the market is small 1t Is
dersrood that tentative applications have been made
for about S15 0G0GJ0 of circulation.
pA11ROAD GROSS AND NET RETURNs-The
following compilations are from official reports
made directIv to the New-York News Bureau: For
The third week of August the gross earnings of
iftv-one railroads amounted to S943L5H, against
IS 551 in the corresponding period last year.
increase Of S61409o 696 per cent For the fourth
week of August the gross earnings Of twelve rail-
roads amounted to s36754S2 against 927 in the
corresponding period last year, an increase Of
s1a7 555 or 56s per cent. For the month Of August
the gross earnings of twelve railroads amounted
s1i 221 pa against sl0523530 in the corresponding
period last year increase of s797714. or 568 per
cent. From July to August 81 the gross earnings
of twelve railroads amounted 10 81 645.614 against
182 in the corresponding period last year.
increase of Sl,404432. OF 693 per cent.
NORFOLK AND WESTERN.-The report Of the
Norfolk and Western for the last fiscal year shows
that 263A SIS passengers We're carried in the year
an increase Of 236170. 9s6 per cent as compared
with the preceding year The revenue from pas
sengers was S2379475 S. increase of S244 or
III per cent compared with the preceding year.
Ninety-fve per cent of revenue from passengers
was derived from local business 1226s1o0 tons Of
aieIt he
Of 9o4 036 tons, or SIS per cent as compared with
the preceding year The revenue from freight in
creased St.oS91s2 IS. SOS per cent. as compared
with the preceding year Ninety-one per cent of
the total tonnage and S74 per cent Of the earnings
from freight were derived from Iocal business.
Coal and coke shipments were affected by labor
troubles the coal fields beginning on MAY %,
causing curtailuent OF shipments Of both coal
and coke. which continued the close Of the
fiscal year. but this traffc amounted 7o55.7H
tons or SIS per cent OF the total tonnage Included
in the above item 5so 357 tons of shipped
to foreign markets. a decrease Of 1910 tons.
compared with the previous year. this decrease
being due 10 the necessities Of the home markets
and the inability or the company. owing to the
lack Of sufficient cars and engines 10 transport
the business offering
THE COTTON MOVEMENT-Accord.ng to The
Financial Chronicle the total receipts Of cotton
for the week ended September reached IoS.-6s
bales. against 5s1l0 last week and 1852 the pre-
TlCUS week. making the total receipts since sep
tember !. 1902, s9957 bales. against 1851 for the
same period of 1901, showing increase since
September !. 1902. OF 4 40 bales.
APPLICATION TO LIST.-Application has been
made TO the Stock Exchange by the Chicago and
Eastern Illinois Railroad Company 70 list $4,000
additional general consolidated and first mortgage
; per cent bonds of 1887 and $4,000 additional
mon stock The Chicago. Burlington and Quincy
Railway Company made application 10 list $0,Ss2,-
additional Illinois division $2 per cent bonds OF
1919
BANK CLEARINGS-Bau cearings last week
as compared with the corresponding week in 1901.
showed increase in the aggregate of 2o+ per
cent. New-York gained 34.1 per cent, Philadelphia
I5.7 per cent. New-Orleans III per cent and Balu-
more 81 per cent. Boston lost l6 per cent, Chi
cago 90 per cent and St Louis As per cent.
READING EARNINGS.-The coal and iron
5any Of the Reading Company shows for July de-
crease in gross earnings Of 81. .63630S from July
wear ago but owing a heavy decrease in oper-
atng expenses an increase in net earnings of S23i,
724 All companies of the Reading system show
loss in net of s452253 and deficit for the month Of