New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1888-09-16
CLOSING PRICES OF PHILADELPHIA STOCKS
CLOSING PRICES OF CALIFORNIA STOCKS
san Francisco. SEPT. 70 ls5S.
GAINS AND LOSSES OF TIE Banks.

Saturday. sept. lJ-p. N.
BY the operations Of the Sub-Ireasury in the
week ended last evening the Associated Banks
Of New-lorS lost s26I7M cash. our estimate
Of the condition a week ago gave the hanAs
s3,700,O00 moro cash than tho sum reported for
the averages Of that week. To-day's statement
Of the averages for the week gives gain of
sG3l coo TO the cash. This reflects an interior
movement Of cash Of over sl.0OOOo0, and indi-
Gates the actual condition at TIL close Of busi-
ness yesterday to have been approximately close
70 the figures of the statement Bat tie cash
holdings to-day were supplemented by gain
from the Sab-Ircasury Of about S4.OCO.0O0. Gail
the cash in banks az the close OF business TO-
night Sl1s,O0O,00O and the gain viii not be FAR
from the actual \ decrease Of sSj2,2 200 IN
loans partially reflects I'll" bond purchases by ire
Treasury. Inc increase of S2l 500 = unpsUCiiE
close - the increase thai thc other changes cali
for. The statement results in gain 10 tuc
surplus reserve OF 3 1850 and leaves 1t ~
si2,423,51j against S3SlO.61J September T.
less, and Sr6c2,l-J September :, 1885
The following compta- lne totEs Of statements Of
September b aAI s. lrA.l.r ia:
Loans ......... s5975i7o0 .sslse 56o Zee. ss5a2go
9rcse ,c, ,,:-' 800 goo ine' $40 $40 400
b bSs; % 3-i s. 81 81 ,,s 5%sS
OilcualiOn-----.-- 1,-J5 o,J 1,cJJo'l lac - j1V
The following shows the relation betvc,n the total
serve and the total daYo,us at Tie r.spectve -acs
Lesaltenders-. - o25.5o0 81 81. 100 Dcs. 2793oo
Total reserve s12 100 slt52) 200 Inc. :Cs 800
st depo-l,s Iols42a75 1oLso7l25 Inc. 5s,i'o
Surplus ..... sll s46I.5 sI2i23 SO Inc. s577,45o
Tho Clearing House statement to-day was IS
follows Exchanges 'l4o,:Gs0!'; ba-an..
to,45I.l7j. For the week: Exchanges, $685.
l6J,1o5 balances S34. 2-j.911.
STILL POUNDING ST PAUL
The feature Of the stoc, marl1et today was the
continued pressure 10 marx down the price o. 81.
or
effect. that OF Northwestern. s.. Paul sold Sc
lower than yesterdays lowest figure, and closed
with recovery Of only - per cent AZ Ct -.
lhlS, on paper. looks ike great boar success,
bat the sequel j. yet TO hc seen We make no
predictions OF what may occlr in thr stock OF a
company whose management is entirely dis
credited; but unless the mana mt can succeed
in frightening til. FOREIGN holders into selling
the further decline IN the price Of the stock
is limited. and me days ol tn lrc>,n M n mage
meDt VIII end M June. 1883 s. Paul j. a gr at
property, capable Of grand results when those re-
suits are dependent only on the general conditions
OF the country and not on the speculative interest
be cont,nt to wait and take control Of tho prop
e7ty al the next election viii they sell out. Is
a problem which only time viii demonstrate.
In the meantime, tho short interest III tGc stock
Is increasing At fearful rate and II l.
certain that some Of the directors arc taking al
vantage II drop Cf 10 per ccLf 20 put their ac-
counts into D more consistent condition with thcir
position Of trustees. Probably the director who
talks lOudeSt o. MS regret at The compaEys IN
fortunate IoNiloh J. iHc one Muo J. Tue ldIbfNi
buyer q the stock. The ATTACKS hy free offerings
0i phantom shares IN Northwestern ana Delaware,
LackaWanna and Wcstern We're renewed. inc
whole list responded slightly 70 the depression u
the .toci,s named. but there is "Ondcrful lack II
excitement and no expression Cf 0nNiety over tie
outcome ~ ;he S. Paul Joint raid. Today there
no loan market. Mondays market. therefore
must bc waited for 10 fully deter inc Z, chdrat-
ter OF yesterdays rs well az to-davs sales
TIE DAY IN TIE BOND MARKET
The ofcrne- II bonds TO the Treasury to-day
amounted 10 s24G,OCO, all l-2s. $4,000 ut
OILS. 100000 at 90 ii. and $4,000 at
O. is Tie local market was dUI and easy at
quotations follow