New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1884-05-18

there were no transa ,tiOns in State bonds, and
the sales of city bank stocks included only Ninth
National at 124d 125. 80
reach an unusually large amount, there was bet.
ter market for them than there lately has been and
a general Improvement in prices. Erie second con.
soils. after numerous fluctuations, record final
advance of 3 per cent to g. Rome, Matertowyn
Chesapeake and Ohio firsts, series b. rose from 80
per cent higher at 81. Central os Ok
Missouri, Kansas and Texas general 6s we're up lis
at ~. st. Louis aud Iron Mountain Is declIned 70
SO and recovered to "a. West Shore and Buffalo
East tennessee Virginia and Georgia cOnsol IS adj
vanced 3, to 0Oai and closed strong at 60 and the
incomes were per cent higher at 20. New-York
03l2. Northwestern debenture 5s rose IRON w 70
2lea92ls, and Burlington and Quincy debsntqre
comes advanced per cent to ~. and irsts, NO
Grande division, rose from 54l2 to 81. Atlantic
and Pacific incomes were per cent higher at ~.
Northern Pacific tirsts were steady at lO2i2G lO3@
1922.
The local money market is working easier and
rates today of g per cent premium IN addition 20
per cent per annuin were exceptional; the bulk OF
The business Al 6 a per cent; after that money
was offered ut per cent.
The weekly bank statement shows important
changes, some of which are not accounted for by
the known movements of money during the week.
The contraction of So 7S4 800 in loans aud the loss
of 81 s3 500 in specie and legal-tenders, calls for
statement shows decrease Of I262I, 500 in de
posits 600 900 greater decrease than the other
changes call for. Evidently the statement is made
up on defining averages for the cash, because It
only partly reflects the Withdrawals Of currency
by the savings banks on Thursday and Friday. The
result is decrease of $l,32s425 in the surplus
reserve, and leaves it at SO, 1902
Following are tine comparative totals of the
statements of May 10 and May Ny Il; myer.0c.s
saslSS %SisSS De- s$5sEsSS
is5$S 81 sS$SS isSS
The following shows tho relation between this
total reserve and the total deposit liabilities.
sS5 Bee S;5$$
Total reserve ssG9iioOo Ss24272OO Dee. s4.ass,SOO
against r Gpo,ts s9,oSo 7sOO75 s55ss
surplu,........ s4l5545o si27,O95 Dec. si,2:a..?5
Tie Sub-Trcasary to-day lost on balance ST.
9O8 made up by currency loss of 81 42S, 045 less
coin gain Of $685. 1853. The loss to the Treasury.
however is more apparent than real, because nearly
the whole Of the currency loss Was due SIMPLY TO
demptOn Of legal-tender certificates. The Sub
Treasurys general balance however. was swelled
Of $1,000, 600 of legal.tender notes: The days
operations included Receipts, $s.0i0325; pay
mgntS sIS s3 7 sSET s9sy balance SiloioSi2
The Clearing House statement to-day was as
follows: Exchanges, Sl46376,3is; oal sSse
$992s5s For the Week Csa Ed Exchanges $685.
~
The customs receipts reported at Washington To-
day were Si26.0s4, and the internal revenue
receipts S470.306. The United States Treasury
received $4,000 National bank notes for
redemption, and the receipts for the week were
follows: oo 700,
x.rYors $500 800 sl.ssSee
sSisgs,nt,; 1000 1906 1890 7Soo
II Miscellaneous. LII z'oVe il%dVVo
ro,a, s9,7i5,O0o s?o510OO
The United States Treasury holds 1896. 800
United States bonds to secure National
bank circulation; bonds deposited for cir-
cuation during the week, $S9i.00O; bonds
withdrawn during the week, 81, S74 800 National
bank circulation outstanding-Currcncy notes
$3ll. 22J .062; gold notes. $656,2s4
The London market was steady for Brltish con-
soils nj unchanged quotations: 10l 7.l6 for money
and lOl DIG for account. United States bonds
followed Yesterdays home markets and opened
DOWN. per cent for the IL and 4 per cent for the
Los but later the A. recovered i2 per cent To
I2Ilc and the 4ias rallied a at ll3. American
railways fully responded TO the better feeling Of
our markets in yesterdays late dealings hut in
addition TO that the quotations give color Ia tho
statement made that some of our large bears"
were heavy purchasers in the London markets Ia
cover their shorts here, in expectation that be-
fore the stocks arrive here they will be able Ia re-
sell at material advance. AT all events there was
a smaller difference between the New-lork ana
London prices to-day than there has been before IN
a week. Al Paris French per cents hrSi adyancee
to 1857 u and then declined 10 1880 frs.
THE PETROLEUM MARKET
NEw.yoRK. May H.
Ia