Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1881-05-22
BANK STATEMENT.

SASSY.
BANK STATEMENT.
The following is the weekly statement of
the New York associated banks: u
Loans, increase. Observation-Disclosures 6,461 300
Specie, increase. -. .-........ 3,630, 500
Legal tenders, increase. ........ 738,00Q
Deposits, increase. .......... 9,793, 300
Circulation, increase. ,375
The banks now hold SIC, 73S,575 in excess of
legal requirements
Governments quiet and FIRM. 6s of 81 are
now quoted as extended on basis of 3E per
cent.
Bonds-Railroad bonds active and irregular
State bonds moderately active.
Stocks-The stock market opened strong
and generally higher and the dealings were
characterized by firm tone throughout al
most the entire day. There were occasional
reactions caused by realizations, but the gen
eral tendency was in the direction of higher
prices and the market closed strong at or near
the best figures of the day. The advance on
the days transactions ranged from x to 11
per cent, the latter in Central Pacific; Illinois
Central selling up 40 per cent, Houston &
Texas Central per cent, Chicago, Rock Is
land & Pacific and Cleveland, Columbus, Gin
cinnati g. Indianapolis AZ per cent, and Chi
cago g. Northwestern 21s per cent. Some
shares show fractional decline on yesterday g
closing quotations. Speculation was on a
large scale and at times characterized by a
buoyant tone.
At the Produce Exchange a motion was
carried to raise the standard of inspection in
New York to the rate of Chicago ON No. 2
spring wheat and No. 2 Chicago and Milwau-
kee spring, to be deliverable on New York con-
tracts The motion did not cover No. 2 red
and white, however, in which the largest deal
lngs by far are made in this market during the
year, and of which there was no complaint last
winter on the other side, because it did not come
up to the standard of No. 9 in previous years.
New York shippers who are opposed to
reporting any but straight grades are in favor
of making the New York standard on both
winter aad spring wheat as high as other sea-
board or interior markets, in order that trade
may not be diverted from this market.
The transactions aggregated $4,000 shares:
Alton 81 Terre Haute 1000; Chesapeake &
Ohio 1000; Central Pacific SO, 00O; Cleveland,
Columbus, Cincinnati & Indianapolis $4,000;
Chicago, Columbus d Indiana Central 1900;
Delaware, Lackawanna d Western 10000;
Delaware & Hudson 1900: Denver & Rio
Grande 500; Erie 81, 900; Hannibal & st. Joe
1900; illinois Central $500; Indiana, Bloom
ington & Western 1000; Missouri, Kansas &
Texas $4,000; Lake Shore 10000; Louisville &
Nashville 3,40O; Michigan Central 5000;
Mobile g. Ohio LOO; Memphis & Charleston
$500; Chicago & Northwestern 5000; Nash
Vile, Chattanooga s. st. Louis $4,000; New
Jersey Central $500; New York Central
6,7OO; Northern Pacific $4,000; Ohio & Mis-
sissippi 3,1OO; Ontario & Western $4,000;
Ohio Central $4,000; Pacific Mail $4,000;
Peoria, Decatur & Evansville 1900; Philadel-
phia g. Reading 5000; Chicago, Milwaukee &
St. Paul 14,OO6 St. Paul & Omaha $4,000;
Texas Pacific 9,4OO; Union Pacific $4,000;
Wabash, St. Louis s. Pacific $4,000; Western
Union Telegraph 3,400; Houston & Texas
Central II 900; Canada Southern 9,4OO; Chi
cago, Rock Island g. Pacific $500; Marietta
& Cincinnati first preferred 1000; st. Louis
q San Francisco 5000.