New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1883-10-22

Yesterdays bank statement showed loss in sur
plus of of 81, 1S2, 800, which left deficit
of 225 from the rule of % per cent reserve to
deposits, and the statement made better showing
for the weeks averages than was the actual con-
dition at the close of business on Friday night.
Compared with the bank situation Of year ago
the loans now S17, 400. 100 greater than then
the cash hand-specie and legal-tenders-is
S4,l10,2OO greater; the deposits are S27,7OO,7OO
greater, and the circulation is $3,496500 smaller.
There is a deficit of ST. 300 from the % per
cent rule, against surplus of $27SS, $50 year
ago. and the proportion of the total to the
deposits now is 2f.999, against 25.96 per cent a
year ago. At some of the commercial points in the
interior exchanges favor movement of money
toward New-York, and at nearly all they favor
movement from here. At the places named
sight drafts on Hew-York are quoted as follows:
savannah, asH Il discount; Charleston, 5-lOa 3
discount; Ncw-OTleans commercial 81 IOdSl ID
discount, bank, par st. Louis, 90 cents premium;
Boston, cents discount to par and that despite
the fact that the Treasury accepts gold coin at the
Eastern SubIreaSuries for payments IN silver GER
iicates free of transportation other charges at
all the Southern and Western sub Treasures by
which method large proportion of the remittances
now are made. The foreign exchanges were eX-
Ceedngly dull all the week, and presented the same
general features before have been noticed. with
n small mercantile demand for bank ers' bills, such
commercial bills as are made find ready sale to
bankers nj rates unusually near 10 the rates IOf
bankers bills.
The Stock Exchange witnessed excited mar
kGts and heavy depression IN values. The
transactions in stocks for the week amount to
g. 600 shares against l,S341lO shares Tor the
preceding week As usual, however large proper
ton OF the transactions are To be credited 10 mere
trading which always is greatest when the market
develops any decided bent. For two days there there
was an avalanche Of long stock upon the market
which directed the current Of prices and seemed to
threaten panic. The large bears" however.
came 30 the and in their large purchases OF
Wednesday afternoon and Thursday forenoon TO
realize accrued profits, successfully checked the
decline and turned the tide, that the dealings OF
late hours of Thursday impaired to the market IA
buoyant tone. An illustration of the early move
mcnts * furnished by the statement that Lake
Shore declined from 0SA TO 924, Delaware, Lacka-
wanna and Western from i7's to III y. 81 f&ul
from 100 20 O2's. Louisville and Nashville from
4Sls to AZ Missouri Pacific from O5l2 to DOL
Long Island from 60 10 %, Northern Paclnc from
2gl2 to 23as, and preferred stock from $50. to D6
Oregon ana IranscOntncntal from 47's to 81 i2
Oregon Railroad and Navigation from l2Ol2 div
idend on. 20 90 Union Pacific from s9ls 10 SA7s, and
Western Union from 1899 10 G4os. simultaneously
with the turn IN the market Central Oh Ncw-Jersoy
developed the fact that the stock was III such
position that the holders of il could make the
small short interest there was in It pay heavy
tribute to them. 4 single day was sulnclcnt 10 re-
ducc the scattered interest in that stock to such an
extent that the later dealings in the stock were
small, and Of those a good proportion was the result
of matched orders but II is exceptional ~ showing
advance II y per cent? for the week. ne Story
of Northern Pacific preferred told IN this morn
iuV's Tribune: - per cent difference yesterday
was made between sales for cash "undcr the mle"
aud sales in the open market at the same moment
for Mondays delivery, yet accepting the last rcgu-
lar sale as the price Of the stock, II closed last
evening 4 lower than week ago the common
stock 4 lower: Oregon aud IIanscontlnental S's
lower and Oregon Railroad and Navigation 10 per
cent lover. Under ordinary conditions, with snch
movements a- lat week witnessed m Central OF
New jersey and Northern Pacific preferred, the ei-
feet upou the general market would hc 10 check
speculation; in the present case, after Hurh
large declines, IL Uuquc.tonahly already
has caused considerable liquidation Of
the scattered short interest; what it,
future effects will be may be lett
for the sequel to develop The final changes in
prices from week ago arr almost universally on
the side of declines. which range from 10 y per
cent.
Government bond, generally were quiet but
strong and the final bids show an advance Of IS
per ,,ut Tor the Is tine others beng unchanged:
In state bonds the satr, were limited - small
amount, OF various issues without material Naria-
tIuu- ia prices. Railroad bond, were weak, and
with few exceptions the prices failed 20 ralil Win
the late mproN cncut m prices for .harrs.
The gross earnings Of the following railroads are
reported: